EXPLORATION & DEVELOPMENT

Strategic pleased with Saxby test

WHILE a single drillhole does not prove a substantial high-grade gold system, Strategic Energy Resources says its first test of the underexplored Saxby project in Queensland delivered an encouraging start to what the company calls the most significant prospect in the northeast Mount Isa province.

 Drilling at Saxby.

Drilling at Saxby.

The 718m-deep hole intersected 6m at 12 grams per tonne from 519m including a high-grade zone of 2m at 32gpt, shallower than expected based on the results of previous drilling by AngloGold Ashanti and...

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