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Strickland Metals found high-grade gold-copper mineralization at its Serbian Shanac deposit, with drilling showing strong, continuous results.
Strickland Metals has reported strong drill results at its Shanac deposit in Serbia, with high-grade intersections including 48.7 metres at 3.1 g/t gold equivalent and 113.9 metres at 1.8 g/t, suggesting a large, consistent copper-gold skarn system.
The mineralization, open in all directions, shows a two-part structure with shallow gold-lead-zinc zones transitioning to deeper copper-rich zones.
Seven drill rigs are active across the Rogozna project, with a maiden resource estimate expected before year-end.
The company holds $41.8 million in cash and anticipates a resource upgrade early next year.
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Strickland Metals encontró mineralización de oro y cobre de alto grado en su depósito serbio de Shanac, con perforaciones que muestran resultados fuertes y continuos.