Market Alert: Ukraine Conflict Update and U.S. Policy Risk

Strickland Metals Mobilises Eighth Drill Rig at 7.4Moz Rogozna Gold Project.

Jul 07, 2025

Strickland Metals Limited (ASX: STK) has initiated drilling with its eighth diamond rig at the 7.4Moz AuEq Rogozna Project in Serbia, focusing on the high-grade central domain of the 5.4Moz AuEq Shanac Deposit. The rig targets a high-grade gold zone discovered in 2024, which returned standout intercepts such as 89.7m @ 4.0g/t Au and 24.1m @ 10.5g/t Au. Assay results from recent drilling across Shanac, Gradina, and Kotlovi are expected soon.

With AU$34.8 million in cash and liquid assets as of 31 March 2025 and an additional AU$5 million investment from Zijin Mining, Strickland is well-funded. The current drilling aims to extend known mineralisation, enhance grade continuity, and support upcoming resource modelling and mine development studies. This intensified exploration campaign underpins Strickland’s strategy to deliver resource growth and new discoveries at Rogozna.

 

 

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