Strickland Metals continues to demonstrate the exceptional quality of the Gradina deposit
Get your Free Report on Top 5 ASX stocks for 2025
Strickland Metals Limited (ASX: STK) has reported stronger metallurgical testwork results from its Gradina deposit in Serbia on 15 June 2026, lifting average gold recovery to 94.3% and improving gold in concentrate grades to 21.1 g/t.
The latest phase of testing used 292 quarter core intervals and was designed to optimise grind size and flotation performance ahead of the Rogozna Projectβs pre-feasibility study. Β The company reported that the work is helping refine plant configuration, concentrate specifications and marketing assumptions for the broader development pipeline.
Management has described the results as an important de risking step, noting they build on the recent 50% upgrade to Gradinaβs inferred resource to 1.8Moz at 2.8 g/t Au. Β The program also confirmed that the gold only domains performed well at both tested grind sizes while higher zinc samples showed improved gold separation through sequential flotation.
Ongoing testwork is refining the definition of ore zones with elevated base metals and the results will feed into final plant design and the PFS which is due in 2027. Β The company is well funded with cash and liquid assets of about $81 million at 31 March 2026.
The update is the proof of continued technical progress at Rogozna and supports investor focus on future development milestones.
(Source: Company Announcement)
Disclaimer
Veye Pty Ltd(ABN 58 623 120 865), holds (AFSL No. 523157 ). All information provided by Veye Pty Ltd through its website, reports, and newsletters is general financial product advice only and should not be considered a personal recommendation to buy or sell any asset or security. Before acting on the advice, you should consider whether itβs appropriate to you, in light of your objectives, financial situation, or needs. You should look at the Product Disclosure Statement or other offer document associated with the security or product before making a decision on acquiring the security or product. You can refer to our Terms & Conditions and Financial Services Guide for more information. Any recommendation contained herein may not be suitable for all investors as it does not take into account your personal financial needs or investment objectives. Although Veye takes the utmost care to ensure accuracy of the content and that the information is gathered and processed from reliable resources, we strongly recommend that you seek professional advice from your financial advisor or stockbroker before making any investment decision based on any of our recommendations. All the information we share represents our views on the date of publishing as stocks are subject to real time changes and therefore may change without notice. Please remember that investments can go up and down and past performance is not necessarily indicative of future returns. We request our readers not to interpret our reports as direct recommendations. To the extent permitted by law, Veye Pty Ltd excludes all liability for any loss or damage arising from the use of this website and any information published (including any indirect or consequential loss, any data loss, or data corruption) (as mentioned on the website www.veye.com.au), and confirms that the employees and/or associates of Veye Pty Ltd do not hold positions in any of the financial products covered on the website on the date of publishing this report. Veye Pty Ltd hereby limits its liability, to the extent permitted by law to the resupply of services.
Feature News
Checkout Our Recommendation for free - 7 days free trial
Start Free TrialRecent News
Develop Global Makes FID on Two Growth Projects an..
Monadelphous Group Secures Major Contract
Pro Medicus Announces $16m Contract Renewal, Signi..
Energy World Corporation to Sell its Gas and Steam..
ReadyTech Rejects Unsolicited Proposal as Board De..