Strickland Metals Ltd (ASX:STK) is delving deep into the Rogozna Gold and Base Metals Project in Serbia with an induced polarisation (IP) and gravity survey revealing a strong, near-surface chargeability anomaly at the Obradov Potok target area.
Previous exploration work in this area identified potential for gold, copper, lead, zinc, arsenic and bismuth mineralisation with elevated soil levels.
The company already has four drilling rigs operating at Rogozna, with four holes completed to date and results expected in the near term.
Potential for second deposit
“It is great to receive such promising early results from the IP survey at Obradov Potok, with a strong chargeability anomaly that is currently approximately 400 metres long and 200 metres wide, spatially coincident with multi-element geochemical anomalism identified from soil sampling,” Strickland Metals managing director Paul L’Herpiniere said.
“All the currently defined deposits on the neighbouring license are spatially associated with IP anomalies, which map disseminated sulphides and argillic alteration in the volcanics sitting above the underlying skarn-hosted deposits.
“The early recognition of similar geophysical anomalism at Obradov Potok, located just 2 kilometres to the west of a known deposit at Gradina, bodes well for the potential discovery of a new deposit at Rogozna.”
STK’s rigs have completed holes at the Shanac, Medenovac and Copper Canyon South prospects thus far, with three rigs focused on resource delineation at Shanac and Medenovac and a fourth dedicated to testing for new deposits.
The exploration rig began drilling at the Veleiki copper-gold target last week, with results expected in the coming weeks.
Rogozna Project prospects with background arsenic in soil and ZTEM anomalies.
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