Strickland Metals acquires 5.4-million-ounce Rogozna Gold Project in Serbia [Video]

Strickland Metals Ltd (ASX:STK) is acquiring the 5.44-million-ounce gold equivalent Rogozna Gold Project in the globally significant Tethyan Metallogenic Belt in Serbia — a project that presents “excellent potential” to grow into one of the largest undeveloped gold deposits globally.

The Rogozna Project comprises four exploration licences covering around 184 square kilometres in the Trepca mining district in the southern Republic of Serbia.

The project contains a JORC-compliant inferred mineral resource totalling 5.44 million ounces of gold equivalent comprising 2.96 million ounces of gold, 214,000 tonnes of copper and 364,000 tonnes of zinc, and has additional significant exploration potential defined by more than 100,000 metres of historical drilling.

Further exploration upside includes clear resource expansion opportunities with numerous high-quality targets yet to be drilled, including very strong potential for significant copper-gold porphyry mineralisation.