STK 5.38% 8.8¢ strickland metals limited

At the last PGM PH said Obradov Potok (OP) was his current No1...

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  1. 3,135 Posts.
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    At the last PGM PH said Obradov Potok (OP) was his current No1 exploration target. Had attracted me as well for its geochem Au/As size. To have consistent IP anomalism is a plus for this.

    Considering there is another large Geochem zone to the south it will be interesting to see if the IP continues in that direction. Worth noting the geochem is only constrained by the property boundary in the SE being open into Kosovo. If mineralised there is possibly well over 2 Kms of potential strike on STK's ground so no need to be greedy and try south of the border even if it were possible.
    I wouldn't be too surprised if there are more than one IP anomalies.

    https://hotcopper.com.au/data/attachments/6342/6342426-953c4bc1010a7751ffe0905bf3425f54.jpg
    Lines 14-18 cover a NS distance of 400m @ 100m spacing. Another 13 lines of similar spacing would cover the southern Au/As anomaly. Not a cheap process but if it gives good targets well worthwhile.

    No available detail mag or gravity in this area (OP/JR etc) as far as I know.

    The May technical review does show regional mag with a moderate high over OP with a plan for Gravity +- IP.

    https://hotcopper.com.au/data/attachments/6342/6342461-930a3a47df5275462083f6ce9dd690a1.jpg
    I do share @Crimsoncarp's view that Rogozna has a good chance to reach arm waving resource numbers north of 10 Moz Au eq. The outcome suggested in that post is quite likely if such a resource is realised.

    ====================
    Meanwhile back at Yandal.
    Drilling is progressing but not easy to decipher what the changes in Sentinel satellite are showing.

    Palomino sites are probably reasonable but which has been drilled is a best guess. DYOR with this link.

    https://hotcopper.com.au/data/attachments/6342/6342482-fbda7acd12ba9b12246c99cdd42c2b00.jpg
    Appears obvious activity at Palomino is stopped or slowing down (white circles prep/drilled?; green circles site prep only??: other symbols previous to 2024 drill activity) with one rig working on the Konik IP anomaly in the last few days. The two sites to the north of this (magenta triangles) appear between 15-20/7. May be drilled but not certain and don't really know why other than a probable extension of the Konik main trend.
    Triangle (black/red) about 110m SW of HWAC1423,

    https://hotcopper.com.au/data/attachments/6342/6342484-2c95e8c0b24eb4deff248b0a140b94b5.jpg

    The access to Great Western has been used over the last month or so with only the vaguest of hints of any site preparation I could see. Drill related activity will happen though when.....

    Last edited by salpetie: 28/07/24
 
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