SER 9.09% 2.0¢ strategic energy resources limited

BHP Copper discovery, page-8

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  1. 885 Posts.
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    Goodvibes I think it is something like 100km. But distance isnt the issue here, its much more about the host rock type. From the recent SA geophysical survey of the area it appears that the Myall Creek area adjoins and partly overlaps a large sedimentary basin very similar to the ones that the recent discovery and existing resources such as Olympic Dam have formed in and have likely been subject to the same hydrothermal fluids. so chances of a discovery are good. Especially given the existing known copper outcrops at surface.

    Very strange SP action though, massive high yesterday, then plunging to a crazy low of 0.05 c for awhile today!
 
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