Strickland Metals (ASX:STK) confirmed the growth potential of the Horse Well gold camp within the Yandal gold project in Western Australia, according to a Wednesday filing with the Australian bourse.
The 2024 drill campaign delineated high-grade plunging shoots within the broader mineralized shear zone at the Bronco deposit and confirmed the revised orientation of mineralization at the Marwari deposit, the filing said.
The company is undertaking a detailed interpretation of all the drilling data and is working to update its mineral resource estimate, due in the second quarter of 2025. It plans to conduct further drilling of 20,000 meters next year to bolster resource growth, the filing added.
Shares of the mining firm fell 5% in recent trade.
Price (AUD): $0.07, Change: $-0.0040, Percent Change: -5.33%
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