Strickland Metals Limited (ASX: STK) delivered a strong June 2026 quarter, marked by significant resource growth and continued advancement of its Rogozna Project in Serbia. The company's total mineral resource expanded to 9.25Moz gold equivalent, driven by substantial upgrades across the Gradina, Shanac and Copper Canyon deposits. Gradina's resource increased by 50% to 1.8Moz of gold, Shanac established a maiden Indicated Resource within a larger multi-million-ounce inventory, while Copper Canyon recorded a meaningful increase in contained gold. These updates further strengthen the project's long-term development potential.
The company also reported encouraging metallurgical outcomes, with high gold recovery rates and improved concentrate grades supporting future processing studies. Geophysical surveying progressed to refine exploration targets, although drilling at the Shanac licence remains subject to permitting timelines. During the quarter, Strickland enhanced its board with experienced mining and governance professionals while maintaining a robust financial position, ending the period with AU$58.6 million in cash and AU$13.2 million in liquid investments. This strong funding base provides flexibility to advance technical studies, exploration and future project development.
Customer Notice:
Nextgen Global Services Pty Ltd trading as Kapitales Research (ABN 89 652 632 561) is a Corporate Authorised Representative (CAR No. 1293674) of Enva Australia Pty Ltd (AFSL 424494). The information contained in this website is general information only. Any advice is general advice only. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of this product for your circumstances. Please be aware that all trading activity is subject to both profit & loss and may not be suitable for you. The past performance of this product is not and should not be taken as an indication of future performance.
Kapitales Research, Level 13, Suite 1A, 465 Victoria Ave, Chatswood, NSW 2067, Australia | 1800 005 780 | info@kapitales.com.au
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Strickland Metals Expands Rogozna Resource Base
Strickland Metals Limited (ASX: STK) delivered a strong June 2026 quarter, marked by significant resource growth and continued advancement of its Rogozna Project in Serbia. The company's total mineral resource expanded to 9.25Moz gold equivalent, driven by substantial upgrades across the Gradina, Shanac and Copper Canyon deposits. Gradina's resource increased by 50% to 1.8Moz of gold, Shanac established a maiden Indicated Resource within a larger multi-million-ounce inventory, while Copper Canyon recorded a meaningful increase in contained gold. These updates further strengthen the project's long-term development potential.
The company also reported encouraging metallurgical outcomes, with high gold recovery rates and improved concentrate grades supporting future processing studies. Geophysical surveying progressed to refine exploration targets, although drilling at the Shanac licence remains subject to permitting timelines. During the quarter, Strickland enhanced its board with experienced mining and governance professionals while maintaining a robust financial position, ending the period with AU$58.6 million in cash and AU$13.2 million in liquid investments. This strong funding base provides flexibility to advance technical studies, exploration and future project development.
Customer Notice:
Nextgen Global Services Pty Ltd trading as Kapitales Research (ABN 89 652 632 561) is a Corporate Authorised Representative (CAR No. 1293674) of Enva Australia Pty Ltd (AFSL 424494). The information contained in this website is general information only. Any advice is general advice only. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of this product for your circumstances. Please be aware that all trading activity is subject to both profit & loss and may not be suitable for you. The past performance of this product is not and should not be taken as an indication of future performance.
Kapitales Research, Level 13, Suite 1A, 465 Victoria Ave, Chatswood, NSW 2067, Australia | 1800 005 780 | info@kapitales.com.au