Strickland Metals has announced the results of a recent geophysical survey at its Rogozna gold project in Serbia, revealing two highly promising targets. The induced-polarisation (IP) survey, designed to locate mineralization, identified the Jezerska Reka and Obradov Potok prospects, both exhibiting strong chargeability anomalies. This discovery represents a potential opportunity for Strickland to expand its resource base at Rogozna, which already holds a significant gold-equivalent resource.
New Opportunities for Resource Expansion
The Jezerska Reka and Obradov Potok targets were described by the company as displaying stronger responses than anomalies previously associated with its existing Shanac and Copper Canyon deposits. Together, these deposits currently account for a resource estimate of 5.4 million ounces of gold-equivalent. The newly identified prospects are located along the north-west strike from the existing deposits, presenting significant potential for near-term resource growth.
The Jezerska Reka prospect stands out for its circular IP chargeability anomaly, which measures approximately 600 meters by 900 meters and extends to a depth of 400 meters. This anomaly begins near the surface and aligns with multi-element geochemical anomalies found in the soil, as well as advanced argillic alteration in outcropping rocks. These findings suggest a significant mineralized system is present.
At Obradov Potok, six anomalies were identified, with the largest measuring 1,200 meters in length and 400 meters wide. This anomaly begins at a depth of 60 meters, with the strongest section extending to 120 meters. The remaining five anomalies range from 150 to 300 meters in length and are located at depths of up to 200 meters. These anomalies coincide with soil samples from earlier exploration efforts, further supporting the potential for mineralization.
Survey Follows Promising Soil Anomalies
The geophysical survey followed up on previous exploration programs that identified widespread anomalies in soil samples. These anomalies, which included gold, copper, lead, zinc, molybdenum, and bismuth, were associated with extensive hydrothermal alteration at the surface. Such conditions are often indicative of underlying mineral systems, making Jezerska Reka and Obradov Potok high-priority targets for further exploration.
Paul L’Herpiniere, Managing Director of Strickland Metals, expressed optimism about the findings, stating, “The new IP survey data has increased our confidence that the Jezerska Reka and Obradov Potok target areas have the potential to host significant bodies of mineralization, opening up another exciting new avenue for discovery and growth at Rogozna.”
Expanding Drilling Efforts Across Rogozna
In response to these encouraging results, Strickland Metals has four drilling rigs actively operating at Rogozna, focusing on its Shanac, Medenovac, and Gradina deposits. The company plans to move one of the rigs to the Jezerska Reka prospect in the coming weeks to further investigate the potential for porphyry-hosted copper-gold mineralization, which was confirmed by historical drilling at the site.
Porphyry deposits are typically large-scale, low-grade systems that can stretch from the surface to deep underground, making them highly attractive for bulk mining operations. If further drilling confirms the presence of such systems, Strickland could be looking at substantial resource growth.
To strengthen its exploration efforts, Strickland has brought in porphyry expert Dr. David Cooke to review the potential for porphyry mineralization across the broader Rogozna project. The technical report provided by Dr. Cooke has reportedly improved the company’s understanding of the site’s geology and reinforced the potential for porphyry-style mineralization.
Review Confirms Potential for Porphyry Mineral Systems
The recent review by Dr. Cooke confirmed that a drillhole at Jezerska Reka, completed last year, had demonstrated potential for porphyry-style mineralization. Additionally, the review suggested that previously identified skarn deposits and epithermal veins at Rogozna could be part of larger porphyry-centered mineral systems, hinting at the possibility of deeper mineralization yet to be uncovered.
The potential discovery of porphyry-style mineral systems at Rogozna would significantly enhance the project’s value, as porphyry deposits often host large quantities of copper and gold, making them lucrative exploration targets.
Medenovac Delivers Encouraging Results
Strickland Metals has also seen success with its drilling efforts at the Medenovac deposit, where it reported an impressive 50-meter intercept grading 5.6 grams per tonne of gold-equivalent. This intercept was part of a larger 365.8-meter section grading 2 grams per tonne, demonstrating the potential for further resource expansion.
The recent drilling results extended the high-grade mineralization at Medenovac by 60 meters to the south-east, bringing the total length of the high-grade zone to 150 meters at the southern end of the deposit, with a total strike length of 600 meters. Strickland is now awaiting assay results from additional drillholes completed at Medenovac, Shanac, and the Kotlovi prospect.
Significant Potential for Future Growth
Strickland’s exploration success at Rogozna, particularly with the discovery of new targets at Jezerska Reka and Obradov Potok, signals that the company may only be scratching the surface of the mineral potential within the project. If further drilling confirms the existence of porphyry-style mineral systems, Rogozna could become home to a series of large-scale deposits.
With four drilling rigs currently in operation and a clear focus on expanding its resource base, Strickland Metals is positioning itself as a key player in the gold and copper exploration space. The addition of porphyry expert Dr. David Cooke to the team further underscores the company’s commitment to unlocking the full potential of the Rogozna project.
As the company awaits further assay results, the next few months will be critical in determining the extent of the mineralization at Jezerska Reka, Obradov Potok, and other high-priority targets within the Rogozna project. If successful, Strickland could be looking at a significant increase in its resource estimates and a major step forward in its exploration efforts.
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