Strickland Metals extends mineralisation at Rogozna’s Medenovac prospect with new drill results
Strickland Metals (ASX: STK) has continued to highlight the potential for rapid resource growth with significant new assay results at its recently acquired Rogozna gold and base metal project in Serbia.
The company’s latest highlight result from Rogozna features a wide high-grade intersection at the Medenovac prospect returning 50 metres at 5.6 grams per tonne gold equivalent within 365.8m at 2.0g/t.
The latest results have further extended mineralisation at Medenovac and the Rogozna project, where Strickland is undertaking a program of resource extension and exploration drilling.
Recent acquisition
Strickland only announced the acquisition of Rogozna in mid-April this year and has wasted no time in drilling to grow an already significant JORC resource and test the exploration upside.
The company mobilised a fourth drilling rig to the project in early July as part of a large discovery-focused drilling campaign of Rogozna’s extensive exploration pipeline, including several compelling copper-gold porphyry targets.
Managing director Paul L’Herpiniere highlighted the “outstanding” assay results from one diamond hole in particular (ZRSD24157) towards the southern end of the Medenovac prospect, one of four skarn-hosted gold and base metal deposits identified at Rogozna.
Follow-up testing
The highlight hole was drilled around 60m along strike to the south-east of historic hole ZRSD21136, which had intersected 97.7m at 5.1g/t gold equivalent within a broader 352.1m mineralised zone.
It aimed to extend an approximately 300m-thick body of gold, copper and zinc mineralisation encountered in the earlier hole.
“It’s a testament to the quality of our team in Serbia that, within the first few months of exploration under the Strickland banner, we have delivered two of the best three drill intercepts ever encountered at the Rogozna project,” Mr L’Herpiniere said.
“With these latest results, we have now defined a massive body of high-grade mineralisation extending over a strike length of approximately 150m at the southern end of the deposit, with the mineralisation remaining open along strike and at depth.”
Results still to come
Strickland is now waiting on results from a follow-up hole drilled up-dip and to the east of ZRSD24157.
Several holes from ongoing drilling at the Shanac deposit are also currently undergoing analysis at the lab, including two drilled as a follow-up to the spectacular intersection of 89.7m at 4.0g/t gold in hole ZRSD241494.
These latest results have reinforced the company’s understanding of the geometry and the zone has now been delineated by drilling, with a demonstrated vertical extent of up to 400m beneath the volcanic base.