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Strategic Energy Resources Limited (ASX: SER) has completed the acquisition of the Diamantina Copper-Gold Project from Anglo American, marking a significant addition to its Queensland exploration portfolio. The transaction includes AU$150,000 in cash and AU$150,000 in SER shares, with a second payment due upon land access or within 12 months.
Located 280km south of Cloncurry, the project spans 1,800km² and covers the southern extension of the Mt Isa Eastern Fold Belt, a highly prospective copper-gold corridor. SER has also signed two research agreements under the Resources Technology and Critical Minerals Trailblazer Program with James Cook University, focusing on advanced geochemical and geophysical exploration techniques.
Managing Director Dr. David DeTata said the acquisition strengthens SER’s position in undercover exploration and enhances its partnerships with leading industry and research organisations.
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Nextgen Global Services Pty Ltd trading as Kapitales Research (ABN 89 652 632 561) is a Corporate Authorised Representative (CAR No. 1293674) of Enva Australia Pty Ltd (AFSL 424494). The information contained in this website is general information only. Any advice is general advice only. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of this product for your circumstances. Please be aware that all trading activity is subject to both profit & loss and may not be suitable for you. The past performance of this product is not and should not be taken as an indication of future performance.