Strickland Metals Limited (ASX:STK) Launches High-Resolution Ground Gravity Survey at Yandal Gold Project
Exploration Progress
Strickland Metals Limited has commenced a detailed high-resolution ground gravity survey across the Dusk ‘til Dawn Intrusion Related Gold targets at its Yandal Gold Project. Approximately 170 bottom-of-hole samples from historic aircore drilling have been submitted for comprehensive mineral characterisation and multi-element analysis to enhance drill target testing.
Mineral Resource Update
An updated Mineral Resource for the Horse Well Gold Camp, part of the Yandal Project, is expected in early April 2025. Significant RC and Diamond drilling programs have been completed to delineate high-value ounces for open pit and potential underground mining.
Financial Position
Strickland Metals remains well-funded with $33.8 million in cash and NST shares as of the end of the December Quarter.
Investor Webinar
An Investor and Shareholder Webinar is scheduled for Thursday, 20 March 2025, featuring Technical Director Richard Pugh. The webinar will detail recent developments at the Dusk ‘til Dawn IRG targets.
Executive Comments
Technical Director Richard Pugh stated, “We have expedited commencement of the gravity survey in order to kick off our 2025 exploration programs at the Yandal gold project and bring forward the planned drilling of Dusk ‘til Dawn.”
Motley Fool contributor Abbie Stokes has no position in any of the stocks mentioned. The Motley Fool Australia's parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has recommended BHP Group. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.
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