Strickland Metals Launches New Drilling Phase

Strickland Metals Ltd (AU:STK) has released an update.

Strickland Metals Ltd has initiated a new 10,000m diamond drilling program at the Gradina Prospect in Serbia, aiming to delineate high-grade gold mineralization near the surface, above prior deep intercepts. With the construction of a new access track, the company can now test the shallower zones at Gradina for the first time, potentially contributing significantly to the project’s resource inventory. Strickland is well-capitalized for the venture, boasting $48.7 million in funds, and eagerly awaits assay results from multiple drill holes.

For further insights into AU:STK stock, check out TipRanks’ Stock Analysis page.