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6 stories mentioning ASX:STK

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Asia

Strickland Metals Reports Positive Metallurgical Results at Serbia Gold Project

Strickland Metals (ASX:STK) said it has received positive metallurgical results from the second phase of test work for the 1.8 million ounce Gradina Deposit, part of its Rogozna gold and base metals project in Serbia, according to a Monday Australian bourse filing.The company said average gold recoveries of 94.3% and improved gold-in-concentrate grades averaging 21.1 grams per tonne were achieved, representing a significant increase from 2025 test work that returned average gold recoveries of 89.9%.Additional test work is now advancing to gain further detailed knowledge of areas containing gold and elevated base metal concentrations, ahead of finalizing plant design for the upcoming pre-feasibility study for the project, it added.

ASX:STK
Asia

Strickland Metals Upgrades Inferred Mineral Resource Estimate for Serbia Deposit; Shares Up 5%

Strickland Metals (ASX:STK) updated the inferred mineral resource estimate (MRE) for the Gradina deposit, within its Rogozna project in Serbia, according to a Tuesday filing with the Australian bourse.The mineral resource rose to 1.8 million ounces of gold grading 2.8 grams per tonne, a 50% increase in contained metal compared with the maiden Gradina MRE of 1.2 million tonnes grading 3 g/t, the filing said.The upgrade increases the project's indicated and inferred MRE to 9.2 million ounces of gold equivalent, per the filing.Shares rose 5% in morning trade on Tuesday.

ASX:STK
Asia

Strickland Metals Starts Pre-Feasibility Study Activities for Serbia Project

Strickland Metals (ASX:STK) started pre-feasibility study workstreams for its Rogozna project in Serbia, according to a Friday filing with the Australian bourse.The activities include baseline environmental and social studies, consultant engagement for conceptual designs, and preliminary mine design along with process flowsheet development and site layout, the filing said.The company is expected to release an updated mineral resource estimate for the Gradina deposit in the coming weeks, per the filing.

ASX:STK
Asia

Strickland Metals Confirms Listing Rule Compliance in Response to ASX Query

Strickland Metals (ASX:STK) said it is in compliance with listing rules and is not aware of any undisclosed information that might explain recent trading in its securities, according to a Tuesday filing with the Australian bourse.In response to a query from the stock exchange, the company said a May 4 market disclosure about exploration activities at the Rogozna project in Serbia may be a possible reason behind the recent trading.In that disclosure, the company said it experienced unexpected delays to the start of its exploration drilling program as it has not yet received final regulatory approvals.Strickland Metals also pointed to a recent decline in the price of gold, which it said may have contributed to weakness and volatility in the exploration sector.The company's shares were flat in recent Tuesday trade but have declined more than 25% over the last five trading days.

ASX:STK
Asia

Strickland Metals Experiences Drilling Delays at Serbia Project

Strickland Metals (ASX:STK) finalized drilling plans for the current year's field season, but is experiencing delays to the start of its exploration drilling program at its Rogozna project in Serbia, according to a Monday filing with the Australian bourse.The company has not received the final approvals required for the expansion of drilling work plans for the main license, containing the Gradina, Shanac, Copper Canyon, and Medenovac deposits, the filing said.Meanwhile, drilling preparation has begun at Obradov Potok and Jezerska Reka prospects, per the filing.

ASX:STK
Asia

Strickland Metals Reports Maiden Indicated Resource of 1.25 Million Ounces of Gold-Equivalent at Serbia Deposit

Strickland Metals (ASX:STK) said the updated mineral resource estimate for the Shanac deposit, part of its Rogozna gold-base metals project in Serbia, included a maiden indicated resource of 30 million tonnes at 1.3 grams per tonnes grade of gold-equivalent, comprised of 0.83 g/t grade of gold, 0.13% grade of copper, 0.36% grade of zinc, 0.29% grade of lead, and 7.20 g/t grade of silver, equating to 1.25 million ounces of gold-equivalent, according to a Wednesday Australian bourse filing.The total mineral resource update amounted to 160 million tonnes at a 1.04 g/t grade of gold-equivalent, comprised of 0.6 g/t grade of gold, 0.11% grade of copper, 0.34% grade of zinc, 0.23% grade of lead, and 6.31 g/t grade of silver, equating to 5.35 million ounces of gold-equivalent.The Shanac mineralization remains open along strike to the north-west of the current resource footprint and at depth. Drilling is scheduled to recommence at the project in the coming weeks.

ASX:STK