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An announcement from Strickland Metals Ltd ( (AU:STK) ) is now available.
Strickland Metals Limited has announced promising assay results from its ongoing diamond drilling at the Gradina Prospect, part of the Rogozna Project in Serbia. The latest results reveal high-grade gold mineralization, with significant intercepts, and the mineralization remains open in all directions. The company is actively drilling with eight rigs, aiming to deliver a maiden Mineral Resource Estimate by late 2025. Strickland is well-funded, with substantial cash reserves and a strategic investment from Zijin Mining, positioning it strongly for future development.
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, focusing on gold and base metals exploration. It is engaged in developing the Rogozna Gold and Base Metals Project in Serbia, which is a significant site for gold-dominant mineralization.
Average Trading Volume: 3,352,793
Technical Sentiment Signal: Buy
Current Market Cap: A$339.4M
Learn more about STK stock on TipRanks’ Stock Analysis page.