Strickland drill hit proves its Iroquois model is right on the money
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Strickland’s emerging model of zinc-lead mineralisation at the Iroquois prospect in WA’s Earaheedy Basin, has just been further galvanised by another standout drilling result.
The latest intersections of 8m at 5.2% zinc from 95m and 5m at 10.1% zinc and lead from 110m were returned from IQRC010, which was drilled 100m east of discovery hole IQRC001 towards the ‘feeder zone’ structure.
For the team at Strickland Metals (ASX:STK), the result confirms a previously observed upper zinc only zone and the lower zinc and lead combo zone.
“It’s very pleasing to see Iroquois delivering further excellent results,” chief executive officer Andrew Bray told journalists at Stockhead.
“In line with our growing knowledge of the mineralisation, we are becoming increasingly optimistic about the potential for Iroquois and its surrounding areas to develop into a substantial base metal project,” he said.
“The drilling results to date, coupled with the geochemical and geophysical programs we’ve undertaken over the last nine months, have outlined a clear priority area for follow up drilling to the north-east of the existing mineralisation.
“This will be the focus of the next RC program at Iroquois, potentially to commence as early as next month. Wider soil sampling programs are also likely to occur throughout 2022 to locate possible further ‘feeder zones’ to the zinc-lead mineralisation.”
Bray says between its Iroquois discovery and Rumble Resources’ (ASX:RTR) success at its various discoveries, the Earaheedy Basin is shaping up as one of the nation’s most exciting base metal provinces.
The IQRC010 result correlates perfectly with Strickland’s emerging view that the mineralising structure trends northeast with mineralisation expected to be strongest in areas proximal to ‘feeder zone’ structures.
Importantly, it appears as though elevated copper soil anomalism is an effective marker of possible ‘feeder zones’, with a potential second one having been located to the southeast of this mineralisation
Recent soil sampling has also identified a potential second parallel feeder structure to the east of the main structure.
While drilling to date has been constrained by historical native title heritage clearance surveys, the company has scheduled a heritage survey for early April 2022 over the Iroquois prospect and surrounding areas.
Once it receives the Heritage Clearance report, Strickland will plan for follow-up reverse circulation drilling, which could begin as early as April.
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.