STK 1.04% 9.7¢ strickland metals limited

Ann: Suspension from Quotation, page-19

  1. 2,955 Posts.
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    Wiluna for processing - yes an interesting option. Why not toll process at Jundee if available?

    https://hotcopper.com.au/data/attachments/6104/6104670-5b1b6a72a8f3267d9699335d05efd773.jpg

    distance as crow flies is double that of Jundee.

    https://hotcopper.com.au/data/attachments/6104/6104674-590b58fa90f461b8ed3b28962c816cfd.jpg
    [Red outlines STK tenements (sorry not easy to see (in south) with this drilling data dump - work in progress), blue circles Geoview reported drilling to be fine tuned - huge task but fun!! well sort of]

    The distance to transport from Dusk til Dawn or HW or something to be found yet looks like a maximum of 150 Kms with 110 in a straight line a minimum. Not impossible, but for ?1-2 g/t Au dirt this transport would be a major factor in any decision.

    Getting some access to the Wiluna Au resource (and its regional resources) would add to the milling potential.

    I have liked the resource and exploration potential at Wiluna since the BLK days some 10 years ago.

    Easy to say that management stuffed things up and looks like the succeeding management haven't done any better. Always been a tough ask at Wiluna itself with a high proportion of the 5+Moz Au being refractory, although relatively good grade.



    Last edited by salpetie: 16/04/24
 
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