Significant gold in soil anomaly at Ilkurlka Project

Strategic Elements (ASX:SOR) is pleased to announce that a significant gold in soil anomaly with peak value of 119ppb has been identified from historical CRA diamond exploration at the Ilkurlka project in the Officer Basin.

Gold in soil values of 10.8 ppb, 14.2 ppb, 24.3 ppb, 24.5ppb, 28ppb, 32.4ppb, 51.7ppb and 119ppb were all recorded from within the area of the circular magnetic ring features of the Ilkurka project.

The anomalous gold in soil is open in numerous directions and have been generated on wide spaced lines that are up to 1km apart, so there is much scope for better definition with extended infill and sampling.

Read the full announcement here.

Maria Resources wins funding to drill Officer Basin

Strategic Elements (ASX:SOR) is pleased to announce that 100% owned Maria Resources Pty Ltd has been awarded drill funding under the WA Government Exploration Incentive Scheme (EIS) for the Lennis Project in the western Officer Basin.

Magnetic geophysical data over the Lennis Project reveals a buried circular 7km diameter magnetic ring anomaly with a complex magnetic central core. This feature is potentially caused by a meteorite impact or igneous ring complex. Gravity geophysical data shows a distinctive, strong gravity high potentially related to a buried intrusive body located within the magnetic ring feature1.

Maria Resources has been advised by the Department of Mines and Petroleum that the Lennis Project has successfully been awarded EIS funding after a competitive process with independent peer-review assessment.

Under the EIS, funds committed by Maria Resources towards the approved drill program will be matched with approx. $140,000 from the Western Australian Government.

Read the full announcement including a further update on this project here.