The latest announcement is out from Strickland Metals Ltd ( (AU:STK) ).
Strickland Metals Limited has commenced a major 50,000-meter drilling program at its Rogozna Project in Serbia, aiming to expand its already substantial 6.69 million ounces of gold equivalent resource. The program focuses on the high-grade gold skarn at the Shanac deposit and includes plans to deliver a maiden Mineral Resource Estimate for the Gradina deposit by late 2025. The company is well-funded with $33.8 million in cash and NST shares, positioning it for a transformative year as it advances exploration and prepares for a mining Scoping Study.
More about Strickland Metals Ltd
Strickland Metals Limited operates in the mining industry, focusing on gold and base metals exploration. The company is engaged in developing the Rogozna Gold and Base Metals Project in Serbia, which includes significant resources of gold equivalent (AuEq).
YTD Price Performance: 3.61%
Average Trading Volume: 1,963,130
Technical Sentiment Consensus Rating: Sell
Current Market Cap: A$189.8M
Learn more about STK stock on TipRanks’ Stock Analysis page.