Strategic Energy Resources (ASX:SER) said ground gravity and drone magnetic surveys, combined with machine learning models, have refined drill targets at the Nardoo copper-gold site at its Isa North project in Queensland, according to a Thursday filing with the Australian bourse.
Four geophysical targets have been highlighted as high-priority, it said.
Site preparations were completed ahead of the proposed drill program and site visits to assess the area are imminent in anticipation of earthworks for drilling to commence in mid-2025, the filing added.
The firm's shares rose over 14% on market close.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.