Strickland Metals has reported a fresh round of encouraging drilling results from its Gradina deposit, part of the 7.4-million-ounce Rogozna gold-equivalent project in Serbia. The latest assays returned several thick gold intervals, including 49 metres at 1.4 g/t gold from 331.2m, highlighted by 14.2m at 3.2 g/t from 365.9m and 6m at 6.2 g/t from 374.2m.
Additional results included 44.3m at 1.1 g/t gold from 479m, 61.2m at 1.1 g/t from 181.8m with a higher-grade intercept of 5.4m at 6.4 g/t from 229.5m, and 29.9m at 1.3 g/t from 527.1m. A notable 36m section revealed combined gold and zinc mineralisation, grading 1.5 g/t gold and 4.1% zinc from 250m depth.
“Gradina continues to deliver impressive results, with this latest batch of assays continuing to expand the deposit and reinforce its importance as a key driver of the next phase of resource growth at Rogozna,” said managing director Paul L’Herpiniere.
Eight rigs are currently drilling across the Rogozna project, three of which are dedicated to Gradina, with the aim of defining a maiden mineral resource later this year. Mineralisation remains open in all directions, both at depth and up-dip towards surface.
The company recently uncovered a new copper-gold zone at the nearby Shanac deposit, where drilling returned grades of up to 6.8% copper and thick gold-equivalent intercepts exceeding 300 metres.
With gold prices at record highs near US$3,870 per ounce, Strickland is pressing ahead with a 50,000m drill campaign across Rogozna in 2025, targeting resource growth at both Gradina and Shanac. The company maintains a strong financial position, holding $52.4 million in cash and liquid assets, along with a 15.7% stake in Gateway Mining.
