SER Launches Three Queensland Drilling Campaigns After Completing Diamantina Deal
Closing price · 2026-10-27: $0.175 · -12.50%
Strategic Energy Resources completed its Diamantina copper-gold project acquisition and raised $1.7 million to support drilling, while diamond drilling began at Canobie and Bulimba’s partner-funded exploration advanced. Fortescue is funding Canobie drilling, and Sumitomo approved an exploration budget of over $1 million for Bulimba; Diamantina drilling is supported by a Queensland Government grant. Canobie assays are expected in November, with further results anticipated during the December quarter.