Strickland Metals (ASX:STK) has commenced drilling with its sixth diamond rig at the company's 100%-owned Rogozna Gold and Base Metals Project in Serbia.
This new rig will focus on extending and infilling the high-grade Gradina deposit, which has already been delineated by over 20,000m of drilling, revealing multiple gold lodes extending over 1,000m along strike and 900m vertically.
The ongoing drilling campaign aims to expand the mineralisation towards the surface and support the delivery of a maiden mineral resource estimate by late 2025.
Strickland’s exploration efforts at Rogozna are accelerating, with a total of six rigs now operating across the project.
In addition to the sixth rig at Gradina, two rigs are focused on upgrading the 5.3Moz AuEq Shanac deposit, and three are conducting further in-fill and extensional drilling at Gradina.
One rig is dedicated to discovery exploration at the Obradov Potok prospect.
At the time of reporting, Strickland Metals' share price was $0.091.