The Mundi Project area targets the shallowest portion of the Curnamona Conductor, a crustal-scale conductivity anomaly that has strong similarities to MT (magnetotelluric) conductivity anomalies that have been interpreted to be associated with IOCG mineralisation in South Australia's Gawler Craton.
Advanced modelling of the MT data was conducted by Professor Graham Heinson.
With further geophysical work now planned for early 2024, Strategic Energy Resources Limited (ASX: SER) expects to define a target or multiple targets for follow-up drill testing within the next 12 months.
One to keep an eye on, given Havilah's Jupiter MT is part of the Curnamona Conductor, albeit that the Jupiter MT has dropped down Havilah's priority list during the last year.
Cheers
These are only my thoughts and it does not constitute investment advice. Before acting on any information you read and before making any financial or investment decisions, you should always consult your advisor(s) or other relevant professional experts.
HAV Price at posting:
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