Strickland Metals Ltd (ASX) is intensifying its efforts at the Rogozna Gold and Base Metals Project in Serbia with the addition of a fourth diamond drilling rig dedicated to exploring a wide-ranging pipeline of targets.
The newly deployed rig joins three others already active at Rogozna, marking a significant expansion of Strickland’s exploration campaign. Its primary focus will be on copper-gold porphyry targets, starting with drilling at Copper Canyon South. Previous drilling here uncovered substantial gold mineralisation at depth, including 38 metres at 3.7 g/t gold from 760 metres. The current drilling aims to test for mineralisation closer to the surface.
Paul L’Herpiniere, Strickland’s managing director, expressed enthusiasm about the increased pace following the acquisition of the Rogozna Project. He highlighted the company’s strategic focus on developing their assets and emphasized the potential of the project’s various targets, especially those showing characteristics indicative of significant copper-gold porphyry mineralisation.
Once drilling at Copper Canyon South concludes, the rig will shift to the Veleiki Prospect, noted for its strong molybdenum response in soil, along with significant gold, copper, bismuth, and arsenic anomalies. The prospect also features advanced Argillic alteration, anomalous geophysical responses, and a favorable geological setting.
In addition to activities at Rogozna, Strickland has three rigs engaged in resource drilling at the Shanac and Medenovac deposits. This effort aims to expand mineral resources and refine the definition of high-grade mineralisation zones. Initial assay results from Shanac drilling are anticipated in early August.
With these developments, Strickland now operates a total of six drilling rigs in Serbia and at the Yandal Project in Western Australia, underscoring its commitment to aggressive exploration and resource expansion.