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Strike Resources Limited (ASX:SRK)

ALERT: Price-sensitive ASX Announcement for SRK
Current share price for SRK : $0.023 -0.011 (-32.35%)+
Announcement
Release
9 Apr 2026 3:02PM
Price at Release
$0.034
Full Release
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Summary
Strike Resources Limited has issued a replacement announcement for the Apurimac Iron Ore Project, highlighting the completion of geological mapping and surface sampling at the Opaban 1 concession. The samples have been sent for assay, with results expected by late April 2026. The company has also completed drone-based LiDAR and magnetometry surveys and plans to start a gravity survey mid-April 2026. These explorations aim to expand resources and identify near-surface mineralisation suitable for short-term production. Strike holds an 80% interest in the project, which will reduce to 51.48% upon finalizing a sale agreement.
Key Points
  • Geological mapping and surface sampling program completed.
  • Samples submitted to accredited local laboratory for assay.
  • Assay results expected late-April 2026.
  • Drone-based LiDAR and magnetometry surveys completed.
  • Gravity survey scheduled to commence mid-April 2026.
  • Focus on resource expansion and identification of near surface mineralisation.
  • Strike’s interest in the Apurimac Iron Ore Project is 80%, reducing to 51.48% upon sale completion.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.