Strickland Metals Limited (ASX: $STK) has announced strong drilling results from the Medenovac Prospect at the Rogozna Gold and Base Metals Project in Serbia. The company remains well funded with approximately $51.4m in cash and Northern Star Resources Ltd (ASX: $NST) shares as at the end of the March quarter.
Anthony McClure, Chairman of Strickland, expressed satisfaction with the positive numbers from the first results at Rogozna. The Medenovac Prospect continues to deliver strong drilling results, with multiple thick zones of Gold-Copper-Zinc-Silver mineralisation intersected. The company plans to deliver a maiden Mineral Resource Estimate by early 2025, with approximately 10,000m of diamond drilling planned at Medenovac.
The drilling results from the Medenovac Prospect at the Rogozna Project in Serbia have revealed significant mineralisation, including thick zones of Gold-Copper-Zinc-Silver mineralisation. Strickland Metals remains well funded and is focused on delivering a maiden Mineral Resource Estimate by early 2025. The company's exploration efforts are ramping up at the Shanac deposit, with multiple rigs dedicated to testing compelling targets for both skarn-hosted Gold and porphyry-hosted Copper-Gold mineralisation.