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Posted: 2024-08-22 02:35:45

The company has now completed and reported four drill holes at its Shanac deposit as part of a 60,000m drilling program within the wider Rogozna project. While three rigs have been focused on extending and upgrading the resource at Shanac, with Copper Canyon next, it is also looking to define a maiden resource at Medenovac and Gradina.

A fourth rig is also now pursuing new deposits, including recent drilling at the Veleiki copper-gold porphyry target.

The Rogozna project stands out with impressive qualifications. To date, more than $60 million has been tilled into exploration and technical work at the site, resulting in a JORC-compliant inferred resource of 2.96 million ounces of gold, 200,000 tonnes of copper and 360,000 tonnes of contained zinc.

With six rigs actively drilling across its projects in Serbia and Western Australia and the substantial financial backing of $48.7 million in the bank, Strickland appears well-positioned to continue its aggressive exploration strategy.

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