お知らせ • Jan 12
Strickland Metals Limited Updates on Millrose Gold Project Located in Western Australia
Strickland Metals Limited provided an update on its Millrose gold project located on the world renowned Yandal Greenstone Belt in Western Australia. The Millrose gold project lies approximately 30km due east of Northern Star Ltd.'s Jundee gold operation. Two holes drilled at Millrose West returned excellent results: MRRC317: 5m @ 8.7g/t Au from 89m, within a broader 19m @ 2.9g/t Au from 76m, MRRC313: 13m @ 2.1g/t Au from 83m. These results were following up historic shallow aircore anomalism approximately 200m west of the main Millrose structure, including: AMILA058: 4m @ 902.0g/t Au from 40m, MSAC091: 4m @ 18.7g/t Au from 54m and 6m @ 3.1g/t Au from 94m, AMILA009: 16m @ 4.3g/t Au from 60m. Strickland's RC drilling intersected a secondary sub-parallel shear to the main structure hosting the Millrose Mineral Resource. Multiple NE-trending and conjugate NW-trending cross-cutting faults link the mineralisation at Millrose and Millrose West. NE-trending structures are critical to the controls on gold mineralisation throughout the Yandal Greenstone Belt in Western Australia. At Millrose, two main fault structures - the Wanamaker fault and the Central fault - are integral to the controls on the high-grade gold mineralisation discovered to date. A third NE trending structure, the South-West Fault, has also been identified from the drone magnetic data, which to date has been poorly drill tested. The results in MRRC313 and MRRC315 are located at the intersection of this new western shear structure and the Central fault. The mineralisation intersected is oxide and transition hosted, meaning that there is very strong potential for further fresh rock primary mineralisation at depth. Historic drilling was limited to shallow aircore holes, meaning that no drilling has occurred along strike targeting either the transition or primary mineralisation. Further, the intersection of the NE-trending Wanamaker fault with this new western shear structure remains entirely untested. No historic aircore drilling has occurred within proximity of this high-priority target zone, making it an extremely exciting drill target for upcoming drilling. In addition to these two new priority drill target areas, a third NE-trending structure has been identified from the recently acquired drone magnetic survey, which appears to truncate the mineralisation at the southern end of the main Millrose mineralised trend. This NE trending South-West Fault transects the newly identified western shear structure at this position and provides a third high priority target in which to drill test Overall, this western shear structure is traceable over approximately 5km in existing geophysical datasets. By way of analogy, the main Millrose shear structure is traceable over approximately 3.2km, thus demonstrating the strong potential for a secondary mineralised system highly analogous to Millrose. Further strong results have been returned from other parts of the project. Millrose North, Millrose Central and the Wanamaker lodes are all interpreted to be north-plunging, associated with the NE-striking cross-cutting shear structures. Primary gold mineralisation across all three domains remains open at depth. Assays from Millrose Central include: MRRC393D: 14m @ 3.0g/t Au from 79m, within a broader 32m @ 1.8g/t Au from 66m, MRRC389D: 12m @ 3.3g/t Au from 158m, MRRC247: 6m @ 3.8g/t Au from 94m, within a broader 40m @ 1.1g/t Au from 87m, MRRC387D: 14m @ 1.5g/t Au from 171m. Mineralisation at Millrose Central is associated with North-trending shearing of hanging wall felsic volcaniclastics, with associated Hematite-Carbonate-Silica alteration. The first sighting of visible gold was observed in MRDD011 at Millrose Central, hosted within the carbonate-chlorite veining related to the Assays from Millrose North include: MRRC417: 5m @ 8.0g/t Au from 101m, MRRC420: 6m @ 6.4g/t Au from 56m, MRRC381D: 6.4m @ 3.1g/t Au from 64.6m, MRRC146W: 9m @ 2.0g/t Au from 39m and 21m @ 2.0g/t Au from 168m, MRRC419: 9m @ 2.1g/t Au from 84m, MRRC144D: 7m @ 2.1g/t Au from 94m, MRRC422: 4m @ 3.4g/t Au from 123m, within a broader 17m @ 1.6g/t Au from 114m, Mineralisation at Millrose North is dominated by disseminated free gold throughout the intensely sheared, silica- carbonate-altered hanging wall volcaniclastics, with significant visible gold present throughout the primary shear fabric, as well as being hosted within the cross-cutting NE-striking carbonate-silica vein sets. High-grade mineralisation occurs in multiple stacked shears within an overall 100m-thick mineralised envelope. Well-developed, thick oxide gold is present above the Millrose North deposit, which has been successfully linked to the high-grade oxide gold present at Wanamaker and Central, giving a total strike length of 3.2km oxide mineralisation for the Millrose gold deposit. Assays from Wanamaker include: MRRC129W: 6.7m @ 4.6g/t Au from 130.3m, MRRC343: 4m @ 2.9g/t Au from 88m, MRRC365: 21m @ 2.2g/t Au from 95m, MRRC363: 7m @ 2.3g/t Au from 56m, MRRC367D: 12m @ 1.6g/t Au from 83m. The Wanamaker discovery is a distinct primary high-grade mineralised lode, consisting of Silica-Chlorite alteration. The presence of lamprophyre intrusives, associated with the high-grade gold mineralisation, is a unique geological characteristic associated with Wanamaker. High grade gold mineralisation is open at depth across all three primary mineralised lodes.
