Announcement Date: 2022-04-26
Announcement Type: Drilling Results
Announcement Code: JORC
Company name: Strickland Metals Ltd.
Project name: Millrose
Location: Australia
Commodities: Gold
Highlight: Drilling results incl. 25m @ 5.1g/t Au from 82m
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 report assays from its 100% owned Millrose gold project located on the north east flank of the Yandal Belt. Hole MRRC086 (result below) was drilled to the west of MRRC087 and intersected 7m @ 3.3g/t Au from 101m. The two intersections released today in MRRC087 (2m @ 10.9g/t Au from 58m and 25m @ 5.1g/t Au from 82m) represent additional lodes to the east of that intersected in MRRC086 on this section, confirming the mineralisation model observed elsewhere in the project area. The initial northern extension program (8 holes, see Figure 1) is now complete with samples having been dispatched to the lab. Drilling was conducted on 50m step outs. The interpreted ore zone was extended for approximately 300m (assays pending). The Millrose Central drilling was also completed over the previous week. This comprised 20 holes (6 RC, 4 RC with diamond tail, 10 diamond). Initial drilling located a structural offset in the north of this area, with subsequent drilling intersecting the interpreted ore zone further to the west (potential sinistral offset) to where originally planned.
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