Proactive - Interviews for investors

Just the Facts: Strickland Metals confirms thick, high-grade Rogozna intersections

Episode Summary

Proactive’s Tylah Tully breaks down ‘Just the Facts’ of the latest news from Strickland Metals Ltd (ASX:STK). The company has received another thick, high-grade intersection from ongoing drilling at the Medenovac Prospect, part of its Rogozna Gold and Base Metals Project in Serbia. Recent diamond drilling revealed 43.4 metres at 4.6 g/t gold equivalent within a larger 233-metre section at 1.7 g/t gold equivalent. Included in this is a 19.7-metre interval at 6.8 g/t gold equivalent, highlighting extensive high-grade gold and base metal mineralisation. Medenovac, one of four skarn-hosted deposits within Rogozna, shows consistent mineralisation over a 150-metre strike length. These latest results provide Strickland Metals with the data needed to proceed with a maiden mineral resource estimate for the site, planned for early next year. Strickland remains well-capitalised, holding more than $14 million in cash and Northern Star Resources shares as of September 30. Drilling continues at Rogozna with four active rigs and the company is awaiting additional assay results from other drill holes. #ProactiveInvestors #StricklandMetals #ASX #JusttheFacts #GoldDiscovery #RogoznaProject #MedenovacProspect #GoldMining #BaseMetals #SerbiaMining #HighGradeIntercept #ExplorationDrilling #MiningUpdate #ResourceEstimate #GoldCopperZinc #Mineralisation #MiningExploration #ASX #DrillResults #MiningIndustry #MetalResources #MiningProjects #Gold