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Strickland Metals Limited (ASX:STK)

ALERT: Price-sensitive ASX Announcement for STK
Current share price for STK : $0.100 0.005 (5.26%)+
Announcement
Release
15 Jun 2026 8:48AM
Price at Release
$0.095
Full Release
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Summary
The document provides a comprehensive overview of Strickland Metals Limited's operations, focusing on the Gradina Deposit where they achieved exceptional gold recovery rates of 94.3%. The report highlights the methodologies used for sampling and data verification, including the use of twinned holes and advanced survey equipment like Leica TS15 and Trimble R10 for accurate drill hole positioning. Surface collar positions were validated through airborne elevation surveys, ensuring precise geographical data. The company employs rigorous QA/QC protocols, and significant intercepts have been independently verified by Northern Star Resources geologists. In addition to verifying existing data, further infill drilling has been conducted to enhance the understanding and validation of historic resource models.
Key Points
  • Exceptional 94.3% gold recoveries at Gradina Deposit.
  • Use of twinned holes to validate assay data.
  • Sampling data entered into SQL database via tablet.
  • Collar positions recorded using Leica and Trimble instruments.
  • Surface collar RL's validated using airborne survey by Arvista.
  • Drill hole collars surveyed using Garmin GPSMAP 64.
  • Data spacing approximately 40 x 40 m, closing to 20 x 20 m in places.
  • QA/QC protocols adopted demonstrate accuracy and precision.
  • Verification of significant intersections by NSR Geologists.
  • Further infill drilling completed to validate historic resource models.
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.