Strickland Metals (ASX:STK) reports it has found further ‘excellent’ gold results at the Wanamaker prospect, located within the Millrose Gold Project in Western Australia.
Reverse circulation (RC) drilling at the prospect intersected a continuation of the ‘high-grade’ oxide gold mineralisation, with new results including 5m @ 14.5g/t Au from 67m and 5m @ 1.5g/t Au from 1/4g/t Au from 79m (oxide) in MRRC347, and 5m @ 6.6g/t Au from 83m and 6m @ 1.6g/t Au from 55m (oxide) in MRRC339.
The company reports these assays continue the ‘excellent’ results returned from previous proximal oxide intersections announced in August and September this year.
These results collectively extend the oxide gold mineralisation 400m north of the current Millrose Mineral Resource, with a further 7 diamond holes testing below this horizon targeting the primary Wanamaker Lode.
The RC holes were designed to follow-up and extend the intercept in MRRC226D that intersected 7.9m @ 7g/t Au from 138.9m, and all holes successfully tested the primary structure with assays due in November.
Strickland CEO Andrew Bray said the results from MRRC347 and MRRC339 further contribute to the exciting story continuing to unfold at Wanamaker.
“The results from the Wanamaker drilling will feed into an updated Mineral Resource, which the company plans to release to the market in Q1 2023″
“These assays follow on from the spectacular intersection released earlier this week in MRRC329, 7m @ 22.2g/t Au from 72m, which was intersected approximately 200m north of MRRC347.
“The Wanamaker lode was discovered by Strickland during July 2022 and subsequently confirmed by further diamond drilling.
“Subsequent follow-up RC drilling intersected significant oxide mineralisation, which now links the Millrose Mineral Resource with the new Wanamaker lode.
“A number of additional assays are pending from Wanamaker, targeting both oxide and primary mineralisation.
“Two further step out holes to the north of MRRC329, designed to test for extensions to the bonanza gold mineralisation, have been drilled with results expected in the coming weeks.
“Additionally, 7 diamond tails have been completed which were designed to test for plunge extensions to the previously intersected fresh rock mineralisation.
“The results from the Wanamaker drilling will feed into an updated Mineral Resource, which the company plans to release to the market in Q1 2023.”.
The drilling completed by Strickland over the last 9 months has expanded the oxide gold mineralisation at Millrose, which is now defined over 3.2km in length and remains open to the north.
In addition to this oxide mineralisation, Strickland has also been successful in defining 3 high-grade primary lodes in the form of Millrose Central, Millrose North and Wanamaker.
Millrose Central displayed a mineralisation style of hematite-carbonate-silica, Millrose North displays silica-carbonate, and Wanamaker displays silica-chlorite.
At Wanamaker, the company noted the presence of lamprophyre intrusives, associated with the ‘high-grade’ gold mineralisation is a unique geological attribute associated with this part of the deposit, and Strickland speculates it could be the reason for the ‘highest grade’ gold intercepts intersected to date.
It also reports the newly defined primary and extensive oxide mineralisation will feed into an updated Mineral Resource planned for release in Q1 2023.
Strickland Metals is an Australian mineral exploration company that controls over 100km of strike along the Yandal Greenstone Belt, which is largely unexplored.
The tenements contain a total gold Mineral Resource of 603,000oz Au (11.7Mt @ 1.6g/t Au). The Millrose Project lies around 30km due east of Northern Star’s (ASX:NST) Jundee Gold Operation.
The company is targeting a resource upgrade in Q1 2023, with ongoing programs planned for 2023 designed to continue growing the Millrose Project’s Mineral Resource.
The most northern part of the company’s tenement covers part of the Earaheedy Basin contact margin, where Strickland made the Iroquois Zn-Pb discovery (IQR: 23m @ 5.5% Zn and Pb) along strike from Rumble Resource’s (ASX:RTR) Earaheedy Project.
Strickland reports it continues to advance the Iroquois discovery throughout 2022 while focusing primarily on the Millrose Project.
Images: Strickland Metals Ltd
