Strickland discovering more and more gold on Rogozna – Newest borehole shows up to 5.6 grams per ton in Medenovac

Source: eKapija Sunday, 29.09.2024. 12:51
Comments
Podeli
(Photo: Africa Studio/shutterstock)
The Australian company Strickland Metals, which bought the mining project Rogozna last summer, has announced the third big gold discovery on this mountain in Serbia.

In the Medenovac location, during the exploratory boring at a depth of 198.4 meters, Strickland intercepted ore with 2 grams per ton of gold equivalent on 365.8 meters, including 50 meters with 5.6 g/t of gold.

The company says that the new data show the presence of a considerably mineralized body of high quality which stretches over 150 meters on the south end of the site, the Australian media report. The initial estimate of the resources for Medenovac is expected for early 2025.

In early August, Strickland Metals discovered “the strongest gold mineralization ever” on Rogozna.

The first hole bored by the company near Sanac showed a belt of 89.7 m with grams of gold per ton at 244.5 m and as many as 10.5 grams per ton on a belt of 24.1 meters, at a depth of 296.2 m.

– This is the first time that this high-quality zone of gold skarn has been sampled in Sanac – Strickland announced after the discovery.


Strickland had bought the Rogozna gold project from the company Zlatna Reka Resources for 37 million dollars.

As they announced at the time, Rogozna hides around 170 tons of gold equivalent, and soon after the acquisition, the Australians struck gold in the Obradov Potok location.

The company included four diamond drills in the exploratory boring throughout the exploration area of the Rogozna project.

Boring is also planned for next year.

B. P.


Comments
Your comment
Full information is available only to commercial users-subscribers and it is necessary to log in.

Forgot your password? Click here HERE

For free test use, click HERE

Follow the news, tenders, grants, legal regulations and reports on our portal.
Registracija na eKapiji vam omogućava pristup potpunim informacijama i dnevnom biltenu
Naš dnevni ekonomski bilten će stizati na vašu mejl adresu krajem svakog radnog dana. Bilteni su personalizovani prema interesovanjima svakog korisnika zasebno, uz konsultacije sa našim ekspertima.