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Posted: 2024-07-02 03:07:37

To date, the inferred resource at Rogozna is made up of the Shanac and Copper Canyon deposits and totals 120 million tonnes at 0.63 grams per tonne gold and 0.1 per cent copper, coupled with some silver, lead and zinc credits. The drilling will target strike and depth extensions at Shanac and strike extensions at Copper Canyon.

Strickland will also look to deliver a maiden resource at the Medenovac and Gradina deposits where previous drilling returned a string of impressive intercepts. Past hits at Medenovac include an eye-catching 97.7m interval grading 5.1g/t gold equivalent hosted within a broader intercept of 352m at 2.1g/t.

More broadly, a geochemical footprint covering 2km by 2km has been outlined at Medenovac, which is considerably bigger than the area drilled to date. Management believes the prospect also has the potential for porphyry copper and gold mineralisation further at depth.

Some 10,000m of drilling is planned at Medenovac, with the release of a maiden resource estimate pencilled in for early next year.

Multiple high-grade gold strikes have also been returned across a 1km strike length at Gradina, including 15m at 3.9g/t gold equivalent and 22m at 4.1g/t in one hole. Another hole delivered a 10m interval at 4.9g/t gold equivalent and another 27.5m zone at 5.1g/t.

A series of other drill-ready and early-stage prospects has also been defined at Rogozna. All up, the company has planned for 35,000m in resource definition drilling and 25,000m in discovery drilling throughout this year and into 2025.

Strickland has hit the ground running since first revealing its plans to acquire Rogozna back in April this year. With the deal now concluded, the cashed-up company is sitting in the driver’s seat for an action-packed 18 months as four drill rigs test the extent of the already vast gold and base metal system defined at the project.

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