SER 13.3% 1.7¢ strategic energy resources limited

Ann: High grade gold mineralisation intersected at Saxby, page-3

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    Good grades over reasonable intersections. The total Jorc could be up to 1m Oz au, AISC will be high because of the depth, perhaps $1200 Oz au but with the POG over Au$2,000 profitability will be high. Huge development costs making this project far too big for SER to take on alone. JV partners with cash and expertise will be part of this project with SER free carried.

 
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