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Strickland Metals finds high-grade gold and zinc at its Serbian deposit, advancing drilling and discovering new copper-gold zones.
Strickland Metals reports strong gold and zinc assay results from drilling at its Gradina deposit in Serbia, with key intersections including 49 meters at 1.4 g/t gold and 6 meters at 6.2 g/t gold, along with significant zinc mineralization.
The company is advancing a 50,000-meter drill campaign using eight rigs to extend known zones and support a maiden resource estimate.
A new copper-gold zone was also discovered at the nearby Shanac deposit.
Strickland holds $52.4 million in cash and a 15.7% stake in Gateway Mining, while gold prices recently reached a record high near $3,870 per ounce.
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Strickland Metals encuentra oro y zinc de alto grado en su depósito serbio, avanzando en la perforación y descubriendo nuevas zonas de cobre-oro.