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Strickland Metals Ltd ( (AU:STK) ) has provided an update.
Strickland Metals has reported a maiden inferred mineral resource for the Gradina deposit at its Rogozna Project in Serbia, estimating 12 million tonnes at 3.0 grams per tonne gold for 1.2 million ounces, lifting total Rogozna project resources by about 16% to 8.6 million ounces of gold equivalent. The high-grade underground-constrained resource, low discovery cost and mineralisation remaining open in all directions underscore significant growth potential, supported by the largest-ever annual drilling campaign at Rogozna in 2025 and a planned resource update for the 5.3 million-ounce Shanac deposit in early 2026, while the company’s A$38.23 million in cash and liquid investments leaves it well funded for an aggressive 2026 exploration and expansion strategy.
The most recent analyst rating on (AU:STK) stock is a Hold with a A$0.22 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 an Australia-listed mineral exploration company focused on gold and gold-equivalent resources, with its flagship Rogozna Project located in Serbia. The company is advancing multiple deposits within this project, targeting both bulk-tonnage and higher-grade mineralisation, and is positioning itself as a significant gold developer in the region while maintaining a strong funding base to support extensive drilling and resource growth programs.
Average Trading Volume: 2,669,729
Technical Sentiment Signal: Buy
Current Market Cap: A$480.5M
Learn more about STK stock on TipRanks’ Stock Analysis page.