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Bullion Index – Precious Metals

Massive 7.5km Gold System Unearthed in Western Australia

In a significant discovery, Strickland Metals has identified a vast 7.5-kilometer-long intrusion-related gold system adjacent to its Dusk ’til Dawn gold deposit within the Yandal project in Western Australia’s Eastern Goldfields. This revelation follows an extensive evaluation process involving the analysis of new geophysical and geochemical data alongside historical exploration records.

The exploration efforts unveiled two substantial mineralized corridors rich in gold, molybdenum, copper, bismuth, and tellurium along the 7.5km strike zone. Previous drilling in the area had been limited to shallow air core samples, prompting Strickland to revisit and reassess the data, leading to the discovery of minerals like chlorite, K-feldspar, epidote, and pyrite within the drill chips.

To provide expert insights into these findings, Strickland enlisted the expertise of geochemist Nigel Brand and geophysicist Barry Bourne. Their analysis suggests a significant fluid flow within the zone, indicating the presence of a substantial gold system. This development underscores the remarkable potential of the Yandal ground to deliver substantial value for Strickland Metals.

With high-grade gold already identified in the region, including notable drill results, the company is optimistic about the presence of additional gold reserves, especially in the unexplored main target area. The mineralization discovered at Dusk ’til Dawn shares similarities with the prolific Boddington gold deposit, hinting at the area’s geological richness and potential.

Situated on the edge of the Yilgarn Craton, the project area shares geological characteristics with the renowned Jundee gold mine, emphasizing its favorable prospects for further discoveries. Equipped with validated findings, Strickland is gearing up to conduct a high-resolution gravity survey to refine drill hole locations for an upcoming diamond drill program, which is expected to provide crucial insights into the deeper layers of the system.

Supported by substantial financial resources, including cash reserves and shares in Northern Star Resources, Strickland is well-positioned to execute its ambitious drilling plans in the quest for a significant gold find. The forthcoming exploration campaign at Dusk ’til Dawn holds the promise of a potentially transformative journey, attracting attention from stakeholders eager to witness the unfolding of a promising geological model into a substantial gold discovery.

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