Strickland Metals (ASX:STK) reports significant assay results

Strickland Metals Limited (ASX:STK) has announced substantial assay results for three recently completed diamond drill-holes at the cornerstone Shanac Deposit, part of its 100%-owned Rogozna Gold and Base Metals Project in Serbia. The results show substantial new intercepts in the third diamond drill hole, ZRSD24153, with 545.7m @ 1.1g/t AuEq from 108.2m, indicating the potential for continued resource growth. The company remains well-funded with $48.7 million in cash and NST shares as at the end of the June quarter.

Executive commentary on Rogozna project

The Managing Director of Strickland Metals, Paul L'Herpiniere, expressed satisfaction with the exceptional results, highlighting the potential for rapid expansion of the resource at the cornerstone deposit. He emphasized the significance of the higher-grade intercepts in the recent holes, confirming the validity of the updated geological model and the outstanding potential for resource growth. The results demonstrate the open mineralization at the northern end of the current Shanac Resource, indicating a promising outlook for the project.

Summary of Strickland Metals' announcement

Strickland Metals (ASX:STK) has reported significant assay results from the Rogozna Gold and Base Metals Project in Serbia, indicating the potential for continued resource growth at the cornerstone Shanac Deposit. The company remains well-funded and continues its intensive resource expansion and exploration drilling program at Rogozna. The exceptional results highlight the outstanding potential for resource growth and confirm the validity of the updated geological model. With assay results pending for multiple holes and the project's excellent potential, Strickland Metals is well-positioned for further success in its exploration endeavors.