Announcement Date: 2022-11-07
Announcement Type: Drilling Results
Announcement Code: JORC
Company name: Strickland Metals Ltd.
Project name: Millrose
Location: Australia
Commodities: Gold
Highlight: Drilling results incl. 20.2m at 2.8g/t Au from 143m
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 world renowned Yandal Greenstone Belt in Western Australia. The Millrose gold project lies approximately 30km due east of Northern Star Ltd’s (ASX:NST) Jundee gold operation. The Wanamaker discovery is a distinct primary high-grade mineralised lode, consisting of Silica-Chlorite alteration, as opposed to the silica-carbonate alteration observed at Millrose North, and the Hematite-Carbonate-Silica alteration present at Millrose Central. The presence of lamprophyre intrusives, associated with the high-grade gold mineralisation, is a unique geological characteristic associated with Wanamaker. Millrose North, Millrose Central and the Wanamaker lodes are all interpreted to be north-plunging lode, associated with the NE-striking cross-cutting shear structures. Primary gold mineralisation across all three domains remains open at depth. In addition to this oxide mineralisation, Strickland has also been successful in defining three high grade primary lodes, in the form of Millrose Central, Millrose North and Wanamaker (south to north). Each zone displays varying alteration and mineralisation styles that can be grouped accordingly
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