Strickland drill strikes deep gold-copper ore at Serbian project

May Be Interested In:Bali bombings survivor and hero Erik de Haart dies


Strickland Metals has kicked off 2025 with a bang after the latest diamond drilling results picked up strong depth extensions to the mineralisation at its Shanac gold-copper skarn deposit within the company’s Rogozna gold-base metal project in Serbia.

The newly reported results came from a single hole to target the underexplored southern extent of the central structural domain within the deposit. They included a 30.1m intercept grading 1.6g/t gold equivalent from 438.9m and an 11.7m section grading 4.3g/t gold equivalent from 570.4m, within an 80.2m hit running at 1.9g/t gold equivalent from 501.9m.

A core sample from 503.7m to 503.9m showing gold-copper mineralisation at Strickland Metals’ Shanac deposit within the company’s Rogozna gold-base metal project in Serbia.

The findings confirm the Shanac mineralisation – which starts at a depth of 250 metres – now extends down to at least 625m and remains open, and prove up a width of 180m. Armed with the new data, the company says it is firmly on track for a resource upgrade on the deposit by late March.

‘This will be one of several mineral resource upgrades, which are scheduled for this year at Rogozna and our Yandal project in Western Australia.’

Strickland Metals managing director Paul L’Herpiniere

Strickland Metals managing director Paul L’Herpiniere said: “Importantly, this hole has defined significant vertical extensions of the mineralisation and bodes well for the mineral resource estimate update for Shanac. This will be one of several mineral resource upgrades, which are scheduled for this year at Rogozna and our Yandal project in Western Australia.”

The 4.63-million-ounce gold equivalent Shanac deposit is a cornerstone of Strickland’s Rogozna project. Another nearby skarn-hosted deposit, Copper Canyon, contributes a further 810,000 ounces of gold equivalent to bring the total resource of Rogozna to 5.44 million ounces of gold equivalent.

The company is gearing up to release a resource update for Shanac as well as a maiden resource for another prospect, Medenovac. This target caused a buzz late last year after drilling revealed a remarkable 40.3m intercept grading 2.6g/t gold, including a standout 12m section at 5.7g/t gold from a depth of 584m.

Additionally, final assays are expected back shortly from the company’s fourth skarn-hosted deposit at Rogozna, called Gradina. The results for the high-grade, gold-only prospect are highly anticipated and could prove pivotal in light of previous compelling assays, reported only a month ago.

These results included a 25.5m section grading 5.2g/t, which is part of a wider 48.5m intercept grading 3.1g/t from 194m. Importantly, the hit looks to have intersected a shallower part of a lode that appears to stretch down to 600m, previously identified from a hole which hit 11.5m grading 13.1g/t.

share Share facebook pinterest whatsapp x print

Similar Content

Joanna Gaines' daughter's grown-up appearance leaves fans amazed as she bakes with mom
Joanna Gaines’ daughter’s grown-up appearance leaves fans amazed as she bakes with mom
ANALYSIS | Some experts warn intelligent machines will erase work. Don't count on it | CBC News
ANALYSIS | Some experts warn intelligent machines will erase work. Don’t count on it | CBC News
Australian banks say Meta not doing enough to stop scammers
Australian banks say Meta not doing enough to stop scammers
Murder accused to spend weeks in custody before next court date
Murder accused to spend weeks in custody before next court date
Hamas list shows eight hostages to be freed during ceasefire are dead
Hamas list shows eight hostages to be freed during ceasefire are dead
Learning nothing from their humiliation in Prahran, Greens will march on
Learning nothing from their humiliation in Prahran, Greens will march on
Today's Big Stories: Discover What's Happening Now | © 2025 | Daily News