Strickland Metals Ltd (ASX:STK) is ramping up drilling efforts at the Yandal Gold Project in Western Australia as it strives to unlock the potential of the emerging large-scale Horse Well Gold Camp.
A second diamond rig has arrived on-site and has started drilling, complementing the existing RC and diamond drilling exploration programs.
The company confirms that the current RC and diamond drilling programs are progressing well, with a total of 28 sample submissions from around 25 drill holes being processed at the ALS laboratory in Perth, awaiting final assaying.
Fast-tracking exploration efforts
Strickland managing director Paul L’Herpiniere said: “We are excited to bring in a second diamond rig to fast-track our exploration efforts at Yandal, where every new drill hole is providing us with a better understanding of the significant potential of the emerging Horse Well Gold Camp.
“With samples for approximately 25 completed holes currently at the lab, we look forward to updating the market with new assay results in coming weeks.”
This second diamond rig at Horse Well will assist with fast-tracking mapping and expanding out the key primary mineralised domains across Palomino, Warmblood and Bronco.
The rig will also be used to drill test the Great Western gold target. Strickland was successful with an exploration incentive scheme (EIS) co-funded drilling application to drill test this feature.
Strickland non-executive director Dr Jon Hronsky said, “We look forward to testing the Great Western target in coming weeks, where we have been successful in attracting co-funding through the EIS incentive scheme.
"The Great Western target, with a known mineralisation-controlling shear zone wrapping around a granitoid pluton, is a classic setting for major orogenic gold deposits throughout the Yilgarn, with examples including Granny Smith and Tarmoola.”