Strategic Energy Resources starts infill MT survey to refine location of intense conductive anomaly
New data will improve understanding of upper parts of anomaly
This will guide location of coming ground EM survey that will generate drill targets
Special Report: Strategic Energy Resources has started an infill magnetotelluric (MT) survey at its Mundi IOCG project in New South Wales to refine the location of the intense conductive anomaly identified at depths of 700-2,500m.
The +1,300km2 Mundi project is 115km north-northwest of Broken Hill within the Curnamona Province which is known to host IOCG (iron oxide copper gold) mineralisation.
IOCG deposits are highly sought-after due to their potential for being incredibly large and easy to process.
Mundi is a greenfields play with no known basement outcrop and very limited previous exploration.
An initial MT survey by Strategic Energy Resources (ASX:SER) revealed shallow conductive features that were “clearly linked” to the crustal-scale Curnamona Conductor and closely resemble the conductivity signatures of IOCG mineralisation in the Gawler Craton, home to the “supergiant” Olympic Dam deposit.
Infill survey to provide new model of conductive body
The infill survey was designed with University of Adelaide’s Professor Graham Heinson to refine the location of the shallowest and most intense portion of the anomaly.
Results from the week-long survey will also be used to develop a new scientific model of the body, which will be used to design a ground electromagnetic survey.
“The results of the initial MT survey were outstanding in regards to both the size and intensity of the conductive anomaly identified,” SER managing director Dr David DeTata said.
“This follow-up survey was designed with Professor Graham Heinson to better constrain the shallowest and most intense portion of the anomaly.
“This new dataset will greatly improve our understanding of the upper parts of the anomaly and will be used to define the location of a ground EM survey, which we intend to complete before mid-year.”
EM surveying is expected to generate targets for drill testing within the next 12 months.
This article was developed in collaboration with Strategic Energy Resources, a Stockhead advertiser at the time of publishing.
This article does not constitute financial product advice. You should consider obtaining independent advice before making any financial decisions.
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