Proactive - Interviews for investors
High-grade gold boost for Strickland Metals
Strickland Metals Ltd managing director Paul L’Herpiniere talked with Proactive about a significant upgrade to the company’s resource at its Rogozna project in Serbia.
The latest resource update follows 20,000 metres of drilling in 2023, which delivered an increase of two million ounces gold equivalent. “I can't think of many projects on the planet that you can get this sort of growth for $3 an ounce,” L’Herpiniere said.
He highlighted the success of targeted drilling at the Shanac deposit, where only 10 holes were drilled, resulting in a strong uplift in contained metals – including a 17% increase in gold and 38% in copper. Importantly, the drilling delineated high-grade mineralisation zones, which L’Herpiniere said will be the focus of upcoming mining studies.
Strickland has now commenced a 50,000 metre drill program, with 30,000 metres allocated to resource drilling at Shanac and Gradina. Gradina, described as the most gold-rich of the four deposits, is expected to deliver a maiden resource later in 2025. The remaining 20,000 metres will target major exploration prospects, including Jezerska Reka and Obradov Potok.
With approximately A$30 million in cash and strong geological potential, L’Herpiniere said the company is well positioned for further growth.
For more videos like this, visit Proactive's YouTube channel. Don’t forget to like the video, subscribe to the channel, and turn on notifications to stay updated.
#StricklandMetals #GoldExploration #RogoznaProject #MiningInvestment #JuniorMining #CopperZincGold #ASXStocks #ResourceUpgrade #MiningNews #ExplorationDrilling
News 
Market Data 
Discover 
AI
