Key Facts about Strategic Energy Resources' Infill MT Survey

Strategic Energy Resources Limited (ASX: $SER) has completed an infill Magnetotellurio (MT) survey at the 100% owned Mundi Project in New South Wales. The survey revealed two intense shallow conductive anomalies, leading to plans for further geophysical surveys to refine conductor geometries for a future drill program. The Mundi Project, spanning over 1300 square kilometres, is located approximately 115km NNW of Broken Hill and is a known iron oxide copper-gold (IOCG) mineral province with potential for other mineral systems.

Executive Commentary on Infill MT Survey Results

'The infill MT survey has vastly improved our understanding of the geometry of the highly conductive body and indicates that the shallowest part of the conductor extends to within 200m from surface as two separate conductive zones, which are easily reachable in a future drill program. With this new information, planning has already begun for a series of additional geophysical surveys which will define future drill targets. Progress to this point has taken under a year since securing landholder access and is indicative of SER's broader strategy based on a science driven approach to project generation and rapid exploration with no fear of failure'.

Summary of Infill MT Survey and Future Plans

The completion of the infill Magnetotellurio (MT) survey at the Mundi Project has revealed two intense shallow conductive anomalies, providing valuable insights for future exploration. Strategic Energy Resources plans to conduct further geophysical surveys to define potential drillable targets by the end of 2024. The company's strategy, focused on a science-driven approach to project generation and rapid exploration, aims to leverage collaborations with government and private partners in the search for the next major mineral deposit.