Worthwhile having a good read of SER's previous announcements on Achilles 1 (referenced in the presentation), AGC's previous announcements regarding its exploration activities at Achilles 3, as well as the GSNSW's (PDF) Cobar AEM Survey interpretation report (researchgate.net).
Note that AGC has yet to drill test the deeper EM conductor target at Achilles 3 (which could be the source of the shallower mineralisation) so it is still early days for them.
Achilles 1's close proximity to AGC's Achilles 3 discovery on the same host structure, together with analogous features such as coincident magnetic, soil geochemistry and EM anomalies, means SER has a real shot at an immediate significant discovery here.
All IMO and GLTAH.
Ann: Investor Presentation, page-46
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