Strickland locks onto further WA gold

Strickland Metals has locked onto further gold mineralisation with a round of diamond drilling at a recently discovered lode within the company’s 603,000-ounce Yandal gold project in WA. With a standout intersection of 7.7m at 6.6 grams per tonne gold from 179m, Strickland’s diamond work has confirmed its ‘Wanamaker’ lode as a 300m long high-grade deposit that remains open at depth.

Further significant gold intercepts include 20.2m at 2.8 g/t from 143m, 5.4m at 5.9 g/t from 154.6m, 6.6m at 4.9 g/t from 141.6m and 6.2m at 3.6 g/t from 151.9m. The holes were targeting further primary mineralisation on 50m step-outs to the north and south of Strickland’s initial discovery holes that delivered 8m at 4.0 g/t from 104m and 7.9m running 7.0g/t from 138.9m.

The latest hits will be included amongst an assortment of recent successes to feed into an updated mineral resource slated for release in the first quarter of next year. With Strickland’s hot-streak of hits continuing, Wanamaker is shaping up as a high-grade discovery north of the historical Millrose resource that contains 346,000 ounces of gold and is the cornerstone of the company’s broader 603,000-ounce Yandal gold project. Notably, the unfolding footprint of mineralisation appears to have linked Millrose and Wanamaker for an overall strike length of 3.2km with the explorer hoping additional drilling will reveal further extensions to the north.

Strickland Metals Chief Executive Officer, Andrew Bray said: “Wanamaker is continuing to deliver excellent results for shareholders, with all holes intersecting primary fresh rock mineralisation as modelled. Having been initially discovered in July 2022 and subsequently confirmed by further diamond drilling, the high-grade lode is now confirmed as approximately 300m in length and entirely open at depth.

The company’s Yandal project is perched within the northern reaches of the region’s Archean-age Yandal greenstone belt, 70km east of Wiluna. The Archean eon represents one of the oldest geological time settings beginning around 4 billion years ago. Some of the packages of rocks formed during this ancient period, referred to as Archean greenstones, tend to host rich gold deposits. The green colour is derived from the presence of coloured minerals like chlorite that are induced by periods of metamorphosis or in basic terms, heating. Given their prolific golden endowment, greenstone belts are vigorously probed by many explorers like Strickland.

Strickland, alongside the $10 billion market capped Northern Star Resources are the only explorers situated in this portion of the Yandal belt. Northern Star’s juggernaut Jundee operation that exceeds 10 million ounces is just 30km to the west of Strickland’s ground.

The northern part of Strickland’s tenement package also covers part of WA’s Earaheedy Basin where the explorer made its Iroquois zinc-lead discovery along strike from Rumble Resources’ significant Chinook zinc-lead discovery of 2021.

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