Company
ASX:STK
Strickland Metals offers a rare investment opportunity among ASX-listed resources companies, with a ~8.6Moz AuEq resource base and a strong balance sheet. The company is committed to progressing the Rogozna Project along the pathway towards development.
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“This is a big step forward not only for effectively drilling the existing zinc-lead mineralisation, but also for locating further feeder zones throughout the wider prospect,” says CEO.
Drilling is well underway with two rigs on-site and a further rig to be added in March.
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“What’s most promising about the area is that these results are directly along strike from Rumble Resources Ltd’s very large zinc-lead-silver discoveries, demonstrating the exciting potential of what could be located within Strickland’s ten
It’s going to be a very exciting year for Strickland given the large number of metres we’ll drill over very promising targets,” says CEO.
The Tarlka Matuwa Piarku Aboriginal Corporation gave Strickland’s program the all-clear, meaning it has heritage clearance for almost all planned exploration through the new year.
Yandal East spans approximately 320 square kilometres and is immediately to the south of Strickland’s 1,000 square kilometre Horse Well gold project tenure.
Resource remodelling is being carried out with an updated estimate expected in the coming weeks while results have also opened up two corridors with up to 20 look-a-like targets.
Excellent targets have been identified for follow-up reverse circulation (RC) drilling, which will be incorporated into the 2022 exploration programs.
“Rigs have been secured for our resource expansion program at Millrose, which will commence in January 2022. The Company is expecting to release an upgrade of the Millrose Mineral Resource within twelve months.”
“We are thrilled with the results from our first drilling at Dusk til Dawn. As mentioned in numerous previous announcements, we always had a view that the Dusk til Dawn mineral resource was incorrectly modelled, and these results confirm ou
“The initial focus of the survey will be on obtaining clearance for the planned Millrose resource drill out under the new framework of the Native Title Agreement. Timely conclusion of the survey will allow the company to commence its resour
The company is now fully funded for the planned 23,000 metre Millrose resource drill out set to commence in January 2022.
“The mineralisation is hosted within the Iroquois dolomite unit and has all the hallmark characteristics of a Mississippi Valley-type zinc-lead deposit. It has the same tenor of mineralisation as Rumble Resources’ Earaheedy Project discover
The Tarlka Matuwa Parku Aboriginal Corporation is acting on behalf of the Wiluna people, the traditional custodians of the land.
The company aims to begin the initial phase of the drill program in the December quarter followed by the main program in the March quarter of 2022.
The company’s aggressive exploration at the Yandal Projects has primarily focused on Horse Well along strike from the Earaheedy zinc-lead discovery of Rumble Resources.
Strickland has kicked off its drilling program across the region, with a 10,000-metre aircore program at Horse North prospect over a 3 kilometres section at Celia Shear zone, the same structure that hosts the Horse Prospect with inferred re
The company believes acquiring the 346,000-ounce project on the Yandal Belt will be a transformational move.
The company is looking forward to accelerating exploration activities in early 2021 to further prove the base metal potential within Doolgunna.
