STK 2.20% 8.9¢ strickland metals limited

Ann: Additional Discovery at Horse Well 58m @ 1.7g/t Au from 17m, page-24

  1. 1,396 Posts.
    lightbulb Created with Sketch. 1035
    Thanks East West ..we seem to very much share the same line of thinking here .
    Whilst its still early days in this drilling campaign , you can see the potential for this Horse Well area to emulate Millrose ..with perhaps more high grade open pits over a slightly larger area .
    The likelihood that the Horse Blood current Inferred Resource of 148,000 t @ 2.1 gpt ( from memory , haven't re checked ) will be "revised upwards "in this campaign ....is very good indeed . As has been mentioned ...now with the cash from the sale of Millrose , STK has the option/intention , to bring in further RC rigs / DD Rigs ( as they started to do at Millrose ) , and have a close look at whats really "under the bonnet " at greater depth .
    That's jumping up a couple of rungs on the ladder at this early stage ...and , with more results from this current A/C round of drilling still upfolding , I am sure the STK team will be outllining a forward plan , by the time of the AGM .
    Good story building ..despite the poor gold sentiment in general .
    cheers
 
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