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Tuesday, October 28, 2025

Strategic Energy Resources: Secures $120K funding for Achilles drilling

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Steve Sam
Steve Sam
Steve Sam is a financial reporter, analyst, and commentator with a strong focus on banking technology, digital payments, and the future of financial services.

Strategic Energy Resources Secures $120K funding for Achilles drilling

  • Strategic Energy Resources (SER) wins government funding for drilling at the Achilles copper-gold target at its South Cobar project in NSW
  • The company was awarded a $120,000 co-funded grant through the latest round of the NSW Government’s Co-operative Drilling Program
  • The funds will support diamond drilling activities at Strategic’s Achilles 1 prospect
  • Drilling is planned to follow a soil geochemistry survey over the target area using CSIRO’s Ultrafine+ next gen analytics scheduled for later this month
  • Strategic EnergyResources is up 6.25 per cent, trading at 3.4 cents at 12:20 pm AEDT
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