STRICKLAND METALS INTERSECTS HIGH-GRADE GOLD AT GRADINA

Drilling Confirms Continuity of Mineralisation with Further Resource Growth Potential

Strickland Metals Limited (ASX:STK) has reported significant high-grade gold intercepts from its latest drilling campaign at the Gradina Prospect, part of the 5.4Moz AuEq Rogozna Gold and Base Metals Project in Serbia. The results further confirm the continuity of high-grade mineralisation over a 1,000-metre strike length and 900 metres of vertical extent.

Key Drill Results:

ZRSD24174: 14.3m @ 8.0g/t Au from 516.9m
ZRSD24171: 6.0m @ 4.7g/t Au from 430.7m, and 6.0m @ 5.7g/t Au from 554.1m
ZRSD24168: 12.0m @ 3.6g/t Au from 441.1m

The mineralisation remains open in all directions, including up-dip, with untested extensions between 150m and 400m below surface. The company has identified Gradina as a high-priority exploration target, with a six-rig drill campaign set to commence in early March.

Strickland Metals Managing Director, Paul L’Herpiniere, said:

These latest results from Gradina have further validated our belief that this under-explored gold system has the potential to add considerable high-grade ounces to the Rogozna resource inventory. The incredible run of exploration success we are enjoying continues to underline the scale and upside of the project, as well as reinforce the exceptional development optionality that Rogozna offers.

With a maiden Mineral Resource Estimate pending for the Medenovac deposit later this month and an MRE update set to follow for the cornerstone Shanac Deposit in March, investors will gain a clear line of sight into the significant growth potential at Rogozna. Meanwhile, the latest drilling results strengthen our confidence in the potential to deliver a maiden MRE for the fast-growing Gradina Prospect in the second half of this year. Importantly, Gradina is expected to contribute significant high-grade gold ounces to our mineral inventory, further enhancing the scale and potential of the project and adding a significant gold-dominant deposit to future development scenarios.