Announcement Date: 2022-09-21
Announcement Type: Drilling Results
Announcement Code: JORC
Company name: Strickland Metals Ltd.
Project name: Millrose
Location: Australia
Commodities: Gold
Highlight: Drilling results incl. 7.9m at 7g/t Au from 138.9m
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 update on its flagship Millrose gold project located on the Yandal Greenstone Belt in Western Australia. Mineralisation remains entirely open to the north, with no drilling having occurred to date. Planning is currently underway to test for northerly and depth extensions on a 20m step-out basis. Full assays were also received for an additional hole in the oxide zone above Wanamaker The above long section clearly demonstrates Strickland’s ongoing success in achieving these goals: substantial new oxide mineralisation has been intersected above the existing Mineral Resource as well as along strike (see dark brown shading in Figure 2 above); the impressive intersections at depth under the Resource have extended mineralisation over 130m down dip, with drilling ongoing; and the previously announced lode at Millrose Central and today’s Wanamaker lode represent very exciting resource expansion drill targets. This work will feed into an updated Mineral Resource to be released during 2023.
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