The latest announcement is out from Strickland Metals Ltd ( (AU:STK) ).
Strickland Metals Limited has announced significant progress at its Yandal Gold Project, identifying large-scale intrusion-related gold targets at the Dusk ’til Dawn Gold Camp. The company has discovered two distinct gold trends over a 7.5-kilometer strike, which have only been tested with shallow drilling. With $33.8 million in funding, Strickland plans to conduct a high-resolution ground gravity survey and commence a diamond drilling program to further explore these promising targets. The findings have been validated by industry experts, enhancing confidence in the project’s potential to deliver substantial gold discoveries.
More about Strickland Metals Ltd
Strickland Metals Limited is a company operating in the mining industry, focusing on gold exploration and development. The company is primarily engaged in the exploration of gold deposits and is currently concentrating its efforts on the Yandal Gold Project in Western Australia.
YTD Price Performance: -5.00%
Average Trading Volume: 1,898,456
Technical Sentiment Consensus Rating: Buy
Current Market Cap: A$167.8M
See more data about STK stock on TipRanks’ Stock Analysis page.