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Strickland Metals hits up to 7 metres at 22.2 g/t gold as Millrose’s Wanamaker shimmers

Published 17/10/2022, 10:25 am
Strickland Metals hits up to 7 metres at 22.2 g/t gold as Millrose’s Wanamaker shimmers
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Strickland Metals Ltd (ASX:STK) has intersected more shallow high-grade oxide gold in drilling of the Wanamaker discovery at Millrose Gold Project within the Yandal Greenstone Belt in Western Australia, this time hitting up to 7 metres at 22.2 g/t from 72 metres in hole MRRC329.

To the south of this hole, MRRC335 hit 2 metres at 11.3 g/t gold from 86 metres, adding to high-grade results announced at Wanamaker in August and September, and collectively extending oxide gold mineralisation 400 metres north of the current Millrose mineral resource.

Seven diamond holes targeting the primary Wanamaker Lode were designed to follow up and extend the intercept in MRRC226D, which returned 7.9 metres at 7 g/t gold from 138.9 metres. All holes successfully tested the primary structure, with assays due by the end of next month.

Drilling completed by Strickland over the last nine months has successfully expanded the oxide gold mineralisation at Millrose, which is now defined over 3.2 kilometres in length and remains open to the north.

Long section of Millrose and Wanamaker.

Very impressive and continuous zone

Strickland chief executive officer Andrew Bray said: “The assay result in MRRC329 is one of the most impressive assays returned to date from our flagship Millrose Gold Project.

"The oxide mineralisation we are seeing at Wanamaker is arguably more impressive than what has been historically intersected at Millrose, particularly if it continues opening up to the north. The high-grade gold is consistent across the 7-metre intersection.

“We are now seeing a very impressive and continuous zone of oxide mineralisation, which currently extends from Wanamaker in the north to the southern portion of Millrose. The footprint of the oxide mineralisation is now over 3.2 kilometres long.

“The Wanamaker lode was discovered by Strickland during July 2022 and subsequently confirmed by further diamond drilling. Subsequent follow-up RC drilling intersected significant oxide mineralisation, which now links the Millrose mineral resource with the new Wanamaker lode.”

Long section showing additional Wanamaker high-grade lode.

High-grade lodes

In addition to the oxide mineralisation, Strickland has also been successful in defining three high-grade primary lodes, in the form of Millrose Central, Millrose North and Wanamaker.

Each zone displayed varying alteration and mineralisation styles that can be grouped accordingly:

  • Millrose Central - hematite–carbonate–silica.
  • Millrose North - silica–carbonate.
  • Wanamaker - silica-chlorite
At Wanamaker, the presence of lamprophyre intrusives, associated with the high-grade gold mineralisation, is a unique geological attribute associated with this part of the deposit and could be the reason for the highest grade gold intercepts intersected to date.

Both the newly-defined primary and extensive oxide mineralisation will feed into an updated mineral resource, which Strickland plans to release to the market in the first quarter of next year.

Read more on Proactive Investors AU

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