Announcement Date: 2022-02-14
Announcement Type: Drilling Results
Announcement Code: JORC
Company name: Strickland Metals Ltd.
Project name: Iroquois
Location: Australia
Commodities: Zinc
Highlight: Drilling results incl. 14m @ 2.2% Zn from 65m
Resources: only available to subscribers
CP/QP: only available to subscribers
Announcement summary: Strickland Metals Limited (ASX:STK) (“Strickland” or “the Company”) is pleased to provide an overview of its recently discovered zinc-lead mineralisation at the Iroquois prospect (80% Strickland; 20% Gibb River Diamonds Ltd (ASX:GIB)). The discovery is located directly along strike from Rumble Resources Limited’s (ASX : RTR) Earaheedy Project Chinook zinc-lead discovery. Both discoveries suggest the Earaheedy Basin margin is emerging as a significant new mineralised province and is highly prospective for further zinc-lead discoveries. Strickland controls approximately 30 kilometres of strike extending from the Rumble Resources Earaheedy Project (Figure 2). The drilling to date indicates strong continuity of mineralisation and highlights a substantial potentially mineralised zone which requires further drilling along strike. At this stage, drilling has only occurred on the western side of a key regional fault structure (Figure 3). Mineralisation is expected to be repeated on the eastern side of the fault. The shallow nature of the mineralisation intersected to date also indicates it could potentially be amenable to open cut mining scenarios.
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