IP surveys have found new mineralisation targets outside the Rogozna resource. Pic: Getty Images.
‘New avenue of discovery’ revealed at Strickland’s 5.4Moz Rogozna gold project
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- New growth avenues discovered at the Jezerska Reka and Obradov Potok prospects at Rogozna
- Both prospects identified as high potential zones for porphyry-hosted gold-copper at Jezerska Reka and skarn-hosted gold at Obradov Potok
- Drilling continues at Rogozna with four rigs currently spinning at Shanac, Medenovac and Gradina prospects
Special Report: IP surveys conducted outside Strickland Metals’ 5.4Moz Rogozna gold resource in the Balkans have discovered exciting new growth targets – the Jezerska Reka and Obradov Potok prospects.
The recently-completed surveys were designed to test the electrical properties of the Obradov Potok and Jezerska Reka prospects, where previous work identified widespread gold, copper, lead, zinc, arsenic, molybdenum and bismuth anomalism in soils associated with extensive hydrothermal alteration at surface.
Both of Strickland Metals’ (ASX:STK) new prospects sit within a major NE to SW-trending structural zone, which also hosts the major deposits of Shanac, Copper Canyon and Gradina immediately along strike to the northeast.
Rogozna’s current ~5.4Moz gold equivalent resource has been defined across two deposits: Shanac and Copper Canyon and STK is currently on the drill bit to expand the current resource across Medenovac, Kotlovi, Gradina and Shanac, with four rigs on site.
The new Obradov Potok and Jezerska Reka targets provide extra resource growth potential for the explorer.
Paul L’Herpiniere noted that the new IP survey data has increased confidence that the Jezerska Reka and Obradov Potok target areas have the potential to host significant bodies of mineralisation, opening another exciting new avenue for discovery and growth at Rogozna.
“All of the currently drill-defined deposits on the neighbouring licence are spatially associated with IP anomalies, which map alteration-related disseminated sulphides within the volcanic cover either above or in proximity to the underlying deposits,” said L’Herpiniere.
“The IP anomalism at Jezerska Reka and Obradov Potok is more laterally extensive and of stronger tenor than similar anomalies at Shanac, Copper Canyon and Gradina, while the strong spatial coincidence of these IP anomalies with multi-element geochemical anomalies in soils provides further evidence of their discovery potential.”
The company recently engaged renowned porphyry expert Dr David Cooke to conduct an independent technical review of the porphyry copper-gold potential of Rogozna.
“His review confirmed that the single historical hole drilled into the Jezerska Reka target in 2023 encountered extensive porphyry-related alteration and veining,” L’Herpiniere said.
“This, coupled with the newly defined IP anomalism supports our decision to fast track drilling at Jezerska Reka.”
The company will be moving one of its rigs to commence drilling of the Jezerska Reka target in coming weeks.
In the meantime, Strickland Metals said assay results from several recently completed holes at Medenovac, Kotlovi and Shanac are to be expected soon.
This article was developed in collaboration with Strickland Metals, a Stockhead advertiser at the time of publishing.
This article does not constitute financial product advice. You should consider obtaining independent advice before making any financial decisions.
