Strickland Metals says new discovery hole ‘'about as good as it gets’'
September 19, 2023 at 12:31 pm EDT
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Strickland Metals Ltd (ASX:STK) CEO Andrew Bray tells Proactive drilling at the Yandal Gold Project in WA has delivered a spectacular high-grade gold discovery. Hole HWAC1472 at Horse Well has returned 31 metres at 5.6 g/t gold from 72 metres, including 8 metres at 17.7 g/t. He says the hole ended in mineralisation suggesting it may continue further with additional drilling. Bray says the new Marwari trend had not been identified or drilled by past explorers. The current drill program is now being tweaked to complete closer spaced aircore lines over the Marwari discovery, with immediate systematic follow up RC drilling to be scheduled. Strickland meanwhile remains very well funded after completing its sale of Millrose deposit to Northern Star Resources Ltd in July 2023 for close to A$61 million.
“Both prospects represent extremely compelling base metal targets, having coincident geophysical and surface geochemical anomalies,” Bray said.
“Both are also in an ideal geological setting for the style of base metal mineralisation being targeted.
“The survey results will feed into drill planning, with a diamond rig expected to arrive in October.”
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Proactive Investors
Jonathan Jackson
+61 413 713 744
jonathan@proactiveinvestors.com
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Strickland Metals Limited is an Australia-based mineral exploration company with projects located in Australia. Its projects include Yandal East Project, Iroquois Project and Bryah Basin Project. The Yandal East Project is located in the Warburton Mineral Field, Western Australia. The Yandal East Project indicates a substantial gold system spanning the Celia Shear Zone, including a resource base comprised of Horse Well (Palomino, Warmblood, Filly Central, Filly South) and Dusk Til Dawn, and advanced exploration targets at Cowza, Mizina and Ward. The Iroquois Project is located in the Earaheedy Basin, Western Australia. The Bryah Basin project lies within the Gascoyne region of Western Australia, approximately 90 kilometers north of Meekatharra. The Bryah Basin Project lies at the center of the basin and is prospective for copper-gold mineralization akin to that at Sandfireâs DeGrussa Project. Its Horse Well Gold Project is located in the north-eastern Goldfields of Western Australia.
STRICKLAND METALS LIMITED 
