Strategic Elements, investors attracted by Maria's potential

POOLED development fund Strategic Elements has attracted investment attention after saying it had found large gravity anomalies within two major multi-ringed magnetic features 200-300km south of the Nebo-Babel project out in the boondocks of Western Australia.

Strategic Elements, investors attracted by Maria's potential Strategic Elements, investors attracted by Maria's potential Strategic Elements, investors attracted by Maria's potential Strategic Elements, investors attracted by Maria's potential Strategic Elements, investors attracted by Maria's potential

Nebo-Babel is 200km from Strategic's new gravity targets.

Shares in the company jumped 25% on the news, with the company now planning IP surveys at both the Ilkurlka and Lennis prospects, which could be large base metal accumulations.
 
At Ilkurka ground gravity results "exceeded expectations by defining a previously unidentified, very large dense body of material buried within the circa-15km diameter ring structure".
 
At Lennis, eleven potential igneous intrusions or alteration zones and eight potential structural target zones were identified within the circa-20km diameter ring structure.
 
The ground, located in the general vicinity of the South Australian border, is held by Strategic Elements' Maria Resources.  
 
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