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Strickland Metals lands monster 700m gold, zinc hit in Serbia

A cross-section view at Strickland Metals’ Gradina gold and zinc deposit in Serbia, highlighting a 702.5-metre drill hit and a 365-metre strike in two standout holes.
A cross-section view at Strickland Metals’ Gradina gold and zinc deposit in Serbia, highlighting a 702.5-metre drill hit and a 365-metre strike in two standout holes.


Strickland Metals (ASX: STK) has smashed its own records in Serbia, striking an extraordinary 702.5-metre stretch of continuous gold and zinc mineralisation alongside an equally impressive 365-metre hit in a second hole at the company’s Gradina deposit.


The monster hits include the longest intercept ever recorded at Gradina and one of the biggest across the company’s 7.4-million-ounce gold equivalent Rogozna project, underscoring its vast scale.


The company’s exploration drive at the deposit is aimed squarely at underpinning a maiden mineral resource estimate for Gradina by the end of the year.


The two step-out diamond holes were drilled at the southern end of the deposit and didn’t disappoint, delivering standout assays from both. The results also revealed a major growth corridor still open down-dip and along strike to the southeast, hinting at plenty more gold and zinc waiting to be uncovered.


The hole has delivered one of the most impressive results we have seen so far at Rogozna.

The remarkable 700-metre strike, which started from 274m depth, averaged 0.9 grams per tonne (g/t) gold and 0.6 per cent zinc. Within that, Strickland also jagged a 48.9-metre zone grading 2.1g/t gold and 4.1 per cent zinc, plus sizzling hits of 17m running at 3.6g/t gold and 2.4 per cent zinc, 12m at 4.3g/t gold, and a chunky 80-metre stretch grading 2.3g/t gold from 632.8m.


The neighbouring hole was no slouch either, punching through 365.8m of dirt grading 1.5g/t gold and 0.9 per cent zinc from 287.7m depth. One section returned 152.6m going 2.1g/t gold and 1.9 per cent zinc, including a string of high-grade bursts such as 11.3m at 3.8g/t gold, 28m at 3.1g/t, and 40m at 2.7g/t, highlighting the strength and continuity of mineralisation.


Our 2025 drilling campaign continues to reach new heights. Hole ZRSD25212 is a remarkable hole that has delivered one of the most impressive results we have seen so far at Rogozna.

Strickland Metals Managing Director Paul L’Herpiniere

The company says the impressive drill hits confirm Gradina hosts classic skarn-style mineralisation, where gold and zinc occur together in sulphide zones rich in pyrite and sphalerite, together with smaller amounts of pyrrhotite, galena and chalcopyrite.


The higher-grade zones appear to form along the edges of quartz monzonite intrusions, where movement and folding in the surrounding rocks helped trap the mineral-rich fluids.


Importantly, the drill results also show a clear pattern in how the metals are arranged, which could prove useful to future mine planning. The upper layers contain strong gold and zinc mineralisation, while deeper down the rocks become richer in gold near the intrusive zones - a common feature in large, multi-stage skarn systems.


The latest Gradina work forms part of Strickland’s 50,000-metre diamond drilling assault for 2025, with seven rigs currently churning through the metres across the Rogozna tenement. Three of those rigs are stationed at Gradina to fill in the central “gap zone” between its northern and southern sectors, while four more are chasing new porphyry and skarn targets across the broader district.


With a healthy $41.8 million cash pile as of September, Strickland says it is well-funded to keep the drill bit turning and the news flow coming. Further assays from pending holes are due in the coming weeks.


If the next results stack up anything like the latest monster intercepts, the southern Gradina zone could well prove to be the jewel in the crown of Strickland’s Serbian gold story.


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