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Strickland Metals Extends High-Grade Zones at Shanac Deposit

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Strickland Metals Extends High-Grade Zones at Shanac Deposit

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Strickland Metals Ltd ( (AU:STK) ) just unveiled an announcement.

Strickland Metals Limited has reported strong results from its ongoing drilling program at the Shanac Deposit within the Rogozna Project in Serbia. Recent assays from two diamond drill holes have extended high-grade mineralization zones, demonstrating the potential for both bulk-tonnage and higher-grade zones. The company is well-funded to continue its extensive exploration efforts, with significant financial backing and multiple drilling rigs in operation, indicating a positive outlook for future resource expansion.

The most recent analyst rating on (AU:STK) stock is a Buy with a A$0.16 price target. To see the full list of analyst forecasts on Strickland Metals Ltd stock, see the AU:STK Stock Forecast page.

More about Strickland Metals Ltd

Strickland Metals Limited is a company operating in the mining industry, primarily focused on gold and base metals exploration. The company owns the Rogozna Project in Serbia, which includes the Shanac Deposit, known for its significant gold equivalent resources.

Average Trading Volume: 3,808,455

Technical Sentiment Signal: Strong Buy

Current Market Cap: A$316.7M

Learn more about STK stock on TipRanks’ Stock Analysis page.

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