Announcement Date: 2022-05-03
Announcement Type: Drilling Results
Announcement Code: JORC
Company name: Strickland Metals Ltd.
Project name: Millrose
Location: Australia
Commodities: Gold
Highlight: Drilling results incl. 95.5m @ 2.0g/t Au from 176.5m
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 further assays from its 100% owned Millrose gold project located on the north east flank of the Yandal Belt. MRRC099 is the first hole drilled as part of the northern extension. It lies 50m to the north of the current mineral resource area. Hole MRDD008 was drilled downdip from MRDD007 (reported on 19 April 2022), which intersected 17m @ 1.8g/t Au from 149m and 4.8m @ 4.1g/t Au from 219.8m. The higher grade depth extension lode intersected in MRDD008 appears to start just beneath the previously intersected mineralisation (see Figure 1). These assays follow from the first two batches released by the Company on 19 April 2022 and 26 April 2022, which include Mineralisation is hosted within a broad shear zone (up to 160 metres in width), on the contact between a mafic schist and felsic sediments. From the drilling completed to date there appears to be three main styles of alteration associated with the gold mineralisation, hosted within the shear structure itself. These include
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