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Strickland Metals continues to build Wanamaker prospect at Millrose with more high-grade oxide gold

Published 20/10/2022, 10:10 am
Strickland Metals continues to build Wanamaker prospect at Millrose with more high-grade oxide gold
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Strickland Metals Ltd (ASX:STK) has unearthed more high-grade oxide gold at the Wanamaker prospect of the flagship Millrose Gold Project in Western Australia's Yandal Greenstone Belt.

Two results of particular note were the MRRC347 and MRRC339 assays, which returned 5 metres at 14.5 g/t gold from 67 metres and 5 metres at 6.6 g/t from 83 metres, respectively.

“The results from MRRC347 and MRRC339 further contribute to the incredibly exciting story continuing to unfold at Wanamaker,” Strickland Metals CEO Andrew Bray said.

“These assays follow on from the spectacular intersection released earlier this week in MRRC329 - 7 metres at 22.2 g/t gold from 72 metres - which was intersected approximately 200 metres to the north of MRRC347.”

Combined with the original discovery holes at Wanamaker (8 metres at 4.0 g/t from 104 metres and 7.9 metres at 7.0 g/t from 138.9 metres), Strickland believes the prospect is shaping up as a ‘very exciting, high-grade discovery’.

Total 3.2 kilometres of combined strike

“The Wanamaker lode was discovered by Strickland during July 2022 and subsequently confirmed by further diamond drilling,” Bray continued.

“Subsequent follow-up reverse circulation (RC) drilling intersected significant oxide mineralisation, which now links the Millrose mineral resource with the new Wanamaker lode.”

STK has expanded the oxide mineralisation footprint at Millrose to link the Millrose resource and Wanamaker prospect, creating a combined strike of 3.2 kilometres, expected to be extended further to the north with future drilling.

Topographic map highlighting additional Wanamaker high-grade oxide intercepts.

More assays to come

“A number of additional assays are pending from Wanamaker, targeting both oxide and primary mineralisation,” Bray said.

“Two further step-out holes to the north of MRRC329, designed to test for extensions to the bonanza gold mineralisation, have been drilled with results expected in the coming weeks.

“Additionally, seven diamond tails have been completed which were designed to test for plunge extensions to the previously intersected fresh rock mineralisation.

“The results from the Wanamaker drilling will feed into an updated mineral resource, which the company plans to release to the market in first quarter 2023.”

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