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Strickland Metals Drills Confirmation of Horsewell Gold Camp Potential

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THE DRILL SERGEANT: Strickland Metals (ASX: STK) reported on recent exploration activities undertaken at the company’s 100 per cent-owned Yandal gold project in Western Australia.

Strickland Metals carried out drilling at the Horse Well Gold Camp within the Yandal project with the intention to delineate extensions to mineralisation both along strike and at depth at the Bronco and Marwari gold deposits.

Drilling a revised orientation at the Bronco deposit delineated high-grade plunging shoots within the broader mineralised while extending mineralisation at the Konik lode 100 metres along strike to the north-west.

HWDD041
18.5 metres at 1.7 grams per tonne gold from 81m, including 3.2m at 8g/t gold;

HWRC336
16m at 1.2g/t gold from 146m, including 3m at 4.6g/t gold; and

HWDD038
62.3m at 0.9g/t gold from 114m, including 3.1m at 3g/t gold.

RC drilling at Marwari intersected high-grade mineralisation, confirming the revised orientation of the mineralisation that was extended a further 260m north along strike from the deposit, returning results of:

HWRC283
12m at 5.4g/t gold from 108m, including 4m at 8.4g/t gold; and

HWRC287
28m at 1g/t gold from 16m, including 4m at 3.8g/t gold.

Gold mineralisation along the Marwari Trend now exceeds 1.6 kilometres in strike length and remains predominantly untested.

“These latest assays from our 2024 drilling campaign continue to build the picture of a camp-scale gold system with exciting growth potential at Horse Well,” Strickland Metals managing director Paul L’Herpiniere said in the company’s ASX announcement.

“Step-out drilling continues to intersect significant gold mineralisation at both the Bronco and Marwari deposits, with our new interpretation of the orientation of the mineralised lodes helping to refine our drilling approach.

“This provides us with an opportunity to pause drilling, step back and commence work on detailed interpretation of all the drilling data while also commencing work on an updated MRE.

“This work is now well and truly underway and will pave the way for an updated MRE in Q2 2025.

“These results continue to reinforce the significant potential of the Horse Well Gold Camp, and our broader Yandal project, as an exciting growth and value creation opportunity in the heart of one WA’s premier gold mining districts, right on the doorstep of Northern Star’s Jundee gold mine.”

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE

 

Strickland Metals Confirms Heritage Survey Commencement

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THE DRILL SERGEANT: Strickland Metals (ASX: STK) is gearing up for a Heritage Survey to be undertaken at the company’s Yandal and Earaheedy projects in Western Australia.

Strickland Metals has received confirmation the surveys can go ahead and are scheduled to commence at the projects on October 9, 2023.

The company explained the survey will seek clearance for areas around Strickland’s Great Western, Rabbit Well and Cowza prospects.

Heritage clearance at Great Western will allow for follow up drilling at what the company considers to be a compelling, large, and entirely untested gold prospect where an IP survey is currently underway.

Clearance will also allow drilling at the Cowza prospect, where Strickland believes it has the potential to replicate earlier success at Millrose.

The survey will also take in the Rabbit Well prospect, where historic drilling detected elevated zinc anomalism in shallow holes coincident with a large gravity feature.

Strickland is of the opinion Rabbit Well has potential to be a much larger and more coherent target than its Iroquois base metal prospect.

Follow up diamond drilling is scheduled to commence immediately after clearance has been received in late October 2023.

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE