Strategic Energy Resources Secures Over A$400,000 in Queensland Exploration Grants
Strategic Energy Resources (SER) has been awarded two grants exceeding A$400,000 from the Queensland Government's Collaboration Exploration Initiative. The funding will support drilling at the Diamantina Copper-Gold Project, which received A$275,000, and the Bulimba Gold Project, which received A$137,500. SER aims to explore mineral extensions at Diamantina and test gold targets at Bulimba, where a joint venture with Sumitomo Metal Mining Oceania is planned. Drilling preparations are underway, with ongoing negotiations for a binding JV agreement.
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Strategic Energy Resources (SER) has received A$412,500 in grants from the Queensland Government's Collaboration Exploration Initiative. The Diamantina Copper-Gold Project received A$275,000 to explore mineralisation extensions from historical drill-hole DCT010.
The Bulimba Gold Project was awarded A$137,500 to test a gold target approximately 50km north-west of Chillagoe. A non-binding joint venture with Sumitomo Metal Mining Oceania will support drilling at Bulimba.
Preparations for drilling at both projects are in progress, with negotiations for a binding JV agreement ongoing. The combined Exploration Committee will finalize the work plan once the JV is executed.
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