Strategic Energy Resources Secures Permit to Drill at South Cobar Project; Shares Rally 13%

MT Newswires Live07-30

Strategic Energy Resources (ASX:SER) secured a regulatory permit to drill at the Achilles prospect within the South Cobar project in New South Wales, according to a Tuesday filing with the Australian bourse.

The 3,000-meter program aims to test a polymetallic soil anomaly at the prospect, the miner said in the filing.

Company shares rallied 13% in recent trade.

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