Strickland Metals Ltd (ASX:STK) continues to deliver on its gold and base metals exploration strategy at the Yandal and Earaheedy projects in WA.
At Millrose deposit, which lies to the south of Strickland’s Yandal Belt portfolio, the company intersected as much as 12.1 g/t gold. What’s more, all of the explorer’s latest findings lie outside the Millrose resource, indicating the gold camp’s scale potential.
South of Millrose, Strickland also uncovered a well-constrained base metals conductor — dubbed Baxter’s prospect — by reprocessing a historical electromagnetic survey.
Meanwhile, the explorer’s native title heritage survey is clear to kick off on October 3, focused on the Iroquois project to the north and the newly minted Baxter’s target before drill testing begins later this year.
Moving ahead, Strickland will continue a systematic drill campaign at Millrose, including an infill program designed to incorporate newly discovered gold zones with the existing mineral resource.
Gold at Millrose
Focusing on the Millrose North and Millrose Central targets, Strickland fielded more oxide gold from its Yandal Belt property.
Some of the best results include 28 metres at 3.7 g/t from 54 metres, including 6 metres at 12.1 g/t and 24 metres at 1.6 g/t from 64 metres just 200 metres north of the resource.
Strickland CEO Andrew Bray said the fresh gold results could enhance the economic case for Millrose’s development.
“The oxide results we continue to receive from Millrose – which lie outside of the current mineral resource – demonstrate the potential for Strickland to significantly grow its mineral resource inventory,” he explained.
“Further drilling is ongoing to finish mapping the entirety of the 13-kilometre shear structure, after which the drill rigs will return to two of the newly discovered lodes to undertake infill drilling.
“This work will feed into an updated mineral resource during 2023.”
New base metal target
Since acquiring Renegade Exploration’s Yandal tenement package just more than a year ago, Strickland has been focused on a historical data review.
While several gold prospects are still being evaluated, the Baxter’s base metals target has appeared in the project’s southwest.
Bray explained: “The Baxter’s prospect was initially identified from an electromagnetic survey conducted by the previous tenement holder.
“The reprocessed data shows a coherent 375-metre by 330-metre conductor typical of base metal mineralisation.
“Strickland subsequently validated a number of historical samples from the extensive gossanous outcrop, which confirmed a suite of pathfinder elements typical of copper-zinc base metals mineralisation.
“This target will be tested in late October/early November and has all the classic hallmarks of a Besshi-Type volcanogenic massive sulphides deposit.”
Heritage survey
Ahead of drilling programs at Baxter’s and Iroquois, Strickland is preparing for a native title heritage survey with the Tarlka Matuwa Piarku Aboriginal Corporation in early October.
Pending receipt of heritage clearance, follow-up drilling is scheduled to kick off late that month or early next.
Bray concluded: “We are very pleased to have confirmed a further heritage survey to predominantly seek clearances at Iroquois, but also at the newly identified Baxter’s prospect and a northern part of Millrose (to facilitate part of the infill resource drilling work).”
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