SER 11.1% 1.0¢ strategic energy resources limited

Movement at the station.........., page-9

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    The BHP discovery resulted in a surge of interest in SER’s Myall Creek project including alarge number of public and corporate enquiries and a query from the ASX due to thesignificant increase in SER’s share price and volume.At Myall Creek, SER is targeting both IOCG mineralisation in the Proterozoic basementand sediment-hosted mineralisation in the overlying sediments. Key IOCG host rocks arepresent within the project area and overlying sediments include a 15km zone withanomalous copper in historic drilling.The Myall Creek tenements (EL6140 and EL5898) lie within the Cultana Training Areacontrolled by the Department of Defence. SER has built a solid relationship with Defenceover many years and has been granted access to explore within the training area.In 2018, Fortescue Metals Group (FMG) has taken a keen interest in the Myall Creek area,pegging all available ground around Myall Creek.
 
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