1.25Moz AuEq Maiden Indicated Resource for Shanac
Filed with ASX · · 55 pages · English
Summary by 6ix AI
The updated resource reflects results from the company's recent drilling campaign and indicates significant growth potential, particularly to the north of the current resource area. The announcement highlights the deposit's strong grade continuity and the potential for improved project economics due to higher-grade zones identified within the resource. Strickland remains well-funded, with substantial cash reserves to support ongoing exploration and resource growth efforts.
Written by 6ix AI from the company’s filing. How 6ix writes summaries
Story so far
Earlier from Strickland Metals
- Encouraging Base Metal Mineralisation at Obradov Potok
- Strong Gold Intercepts Continue at Gradina
- STK Successfully Completes $55 Million Placement
- $55M Placement to Accelerate Exploration and Deliver DFS
- Significant New Copper-Gold Discovery at Rogozna
Later from Strickland Metals
- Exploration Program Update
- 50% Increase in Gradina Resource to 1.8Moz @ 2.8g/t Au
- Exceptional 94.3% Gold Recoveries at Gradina Deposit
- Upgraded Copper Canyon Resource
- MD and Chair Transition as Rogozna Enters Next Phase
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