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The latest announcement is out from Strickland Metals Ltd ( (AU:STK) ).
Strickland Metals has finalised drilling plans for the 2026 field season at its 8.6Moz AuEq Rogozna Project in Serbia, targeting infill and extension drilling at Gradina, Shanac and Copper Canyon to support resource growth and a pre-feasibility study expected in mid-2027. The company is also preparing drilling at the Obradov Potok, Jezerska Reka and Red Creek prospects, while advancing geophysical surveys and study work to refine its models and identify additional porphyry-related targets.
An unexpected delay in receiving final approvals from Serbia’s Ministry of Mines and Energy has temporarily pushed back expanded drilling on the main Shanac licence, though existing approvals still allow near-term drilling at certain prospects. With cash and liquid investments of $81 million at the end of the March quarter, Strickland remains well funded to maintain exploration momentum through field activities, community and environmental work, and technical studies that underpin Rogozna’s development trajectory.
The most recent analyst rating on (AU:STK) stock is a Buy with a A$0.65 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 Ltd is an Australia-listed mineral exploration company focused on gold and base metals, with a key asset being the 100%-owned Rogozna Project in Serbia. The project hosts a significant gold-equivalent resource and includes multiple deposits and prospects such as Gradina, Shanac, Copper Canyon, Medenovac, Red Creek, Obradov Potok and Jezerska Reka, positioning the company in large-scale precious and base metals exploration.
Average Trading Volume: 7,493,030
Technical Sentiment Signal: Buy
Current Market Cap: A$447.9M
For detailed information about STK stock, go to TipRanks’ Stock Analysis page.