Strickland Metals Limited (ASX:STK) drilling update

Strickland Metals Limited (ASX:STK) has commenced a new phase of drilling at the Gradina Prospect, part of its 100%-owned ~5.4Moz AuEq Rogozna Gold and Base Metals Project in Serbia. The 10,000m diamond drilling program aims to target near-surface extensions of high-grade mineralisation previously encountered at depth, contributing to the continued rapid growth of the Rogozna Project.

Executive commentary on Gradina Prospect drilling

Strickland's Managing Director, Paul L'Herpiniere, expressed excitement about the new drilling program at the Gradina Prospect, highlighting the opportunity to follow-up significant widths of high-grade gold mineralisation encountered at depth. The construction of a new access track now allows the company to drill-test the Gradina system close to the surface for the first time in the Project's history. L'Herpiniere emphasized the potential for the high-priority target to rapidly take shape and make a considerable contribution to the growth of the Rogozna Resource inventory over the next 12 months.

Summary of Gradina Prospect drilling update

Strickland Metals Limited (ASX:STK) has initiated a 10,000m diamond drilling program at the Gradina Prospect, targeting near-surface extensions of high-grade mineralisation previously encountered at depth. The company aims to delineate a near-term initial Mineral Resource Estimate, contributing to the continued rapid growth of the Rogozna Project. The Gradina Prospect is characterized by multiple steeply-dipping zones of gold mineralisation over ~1km of strike, with the mineralisation remaining open both along strike, at depth, and up-dip towards the surface. The company remains well-funded, with $48.7 million in cash and NST shares as at the end of the June Quarter. Strickland's ambitions include the potential extension of high-grade mineralisation close to the surface, which could significantly impact the Rogozna Resource inventory over the next 12 months.