SAXBY GOLD PROJECT (SER 100%, Queensland)
The Saxby Gold Project is located 165km north-northeast of Cloncurry in the Gulf Country of northwest Queensland. SER is targeting gold mineralisation hosted in basement rocks of the Eastern Succession of the Mt Isa Province buried beneath younger sedimentary cover of the Carpentaria Basin. The Eastern Succession has a long and proven record of mineral endowment.
Historic drilling at Saxby includes high grade zones of 9m @ 11.27g/t Au and 8m @ 15.1 g/t Au. SER believes these high grade intercepts warrant further drilling to test continuity and extent.