Strata Minerals (ASX:SMX) has mobilised for its Phase 2 drilling program at the 100%-owned Zelica Gold Project.
Following an initial campaign, this second phase involves a planned reverse circulation program consisting of approximately 20 holes totaling 2,500m.
The primary objective is to execute step-out drilling to test depth extensions of high-grade mineralisation, supported by strategic infill drilling to solidify the project's geological confidence.
The Zelica Project has already demonstrated scale, with gold mineralisation delineated along a 1km strike that remains open both at depth and along the corridor.
Furthermore, the recent acquisition of the Zelica South Project has expanded the prospective mineralised corridor to over 8km, offering substantial district-scale exploration upside.
Current operations are bolstered by the project’s location on a granted mining licence, featuring excellent infrastructure and proximity to multiple million-ounce deposits and operational processing mills.
Investor interest remains high following standout intercepts from the maiden program, which included highlights such as 10m @ 3.18g/t Au from 37m (including 3m @ 8.36g/t Au) and 3m @ 4.64g/t Au from 45m (including 1m @ 11.80g/t Au).
At the time of reporting, Strata Minerals' share price was $0.021.