Strickland drilling 50,000 meters on Rogozna in search of nearly 200 tons of gold equivalent

Australia’s Strickland Metals has launched a 50,000-metre diamond drilling program, the biggest yet at its Rogozna gold and base metals project, in southern Serbia.

The campaign aims to expand the existing combined 6.69-million-ounce gold equivalent resource at Rogozna, the Sydney Morning Herald reports.

Strickland Metals’ continuing successes from drilling at the company’s Rogozna project ensures lots of eyes are on its core samples stored at its extensive Raska operations center and core farm.

The Rogozna ground comprises the Shanac, Medenovac and Copper Canyon gold-copper deposits, the Gradina gold deposit and nine prospects.

Two rigs are already drilling at the company’s flagship high-grade, skarn-hosted Shanac inferred gold resource, which was identified last year.

Drilling at Shanac last year produced an 89.7m intercept going 4 grams per ton (g/t) gold from 244.5m, including 24.1m at 10.5g/t gold from 296.2m. A second hole intercepted 40.9m running 4.0g/t gold from 241.6m, including 12m at 6.2g/t gold from 259.6m.

The 2025 exploration program will be the largest ever conducted at the project, with a minimum of 50,000m of drilling, said Strickland Metals managing director Paul L’Herpiniere.

This year’s drilling program at Shanac is chasing extensions of the high-grade gold skarn. The company has slated a minimum of about 5000m of drilling to extend and/or infill the skarn mineralization and further test mineralization on the western side of the deposit’s central domain, whereas last year’s drilling focused on the eastern side of the central domain, compared to about 200m of strike on its western side being subject to only limited drilling.

With drilling underway, Strickland expects to update Shanac’s current 4.63m-ounce gold equivalent resource estimate by the end of this month.

The company anticipates four more drill rigs will soon be available to test a string of targets and build sufficient data at its Gradina target, 1.9 kilometers south south-west of Shanac, the Sydney Morning Herald reports.

It is pointed out that the new drilling program is the most extensive undertaken by Strickland and the biggest in Rogozna’s history and will provide a major boost to the project since the company acquired it about eight months ago.

Management sees 2025 as a pivotal year for the Rogozna project.

Strickland remains well-funded to deliver Rogozna’s biggest-ever exploration program, with USD 33.8 million in cash and Northern Star shares as at the end of the December quarter, the Sydney Morning Herald writes.

B. P.

Strickland Metals

Strickland Metals

Rogozna

Šanac

Gradina

Medenovac

Copper Canyon

gold and copper explorations

drilling program