Strickland Metals Limited has advanced its exploration efforts at the Rogozna Gold and Base Metals Project in Serbia with encouraging drilling results from the Gradina Prospect. The company reported the outcome of its first diamond drill-hole of 2025, which recorded significant intercepts including 4.0 meters at 10.1 grams per tonne gold from a depth of 339.5 meters and an extended 16.7-meter interval averaging 4.3 grams per tonne gold from 391.5 meters. Within this longer zone, tighter intervals registered 8.0 meters at 6.0 grams per tonne gold and another 4.0 meters at 5.5 grams per tonne gold. These technical results underscore the continuity of high-grade mineralisation across an approximate strike length of 1,000 meters and a vertical extent of 900 meters, with the mineralised zones remaining open in all directions including up-dip towards the surface. The drilling programme, now the largest ever at the project, has seen four rigs active at Gradina and additional rigs operating at Shanac and Kotlovi, with plans to add a seventh rig in the coming weeks. The ongoing 50,000-meter diamond drilling campaign is aimed at further delineating the high-grade gold system ahead of a maiden Mineral Resource Estimate expected later in 2025. Company management has expressed confidence in Gradina’s potential to contribute significant high-grade gold ounces to the overall resource inventory, marking it as a key driver for future growth. From a technical perspective, the mineralisation hosted in silicified brown-garnet skarn has been associated with strong pyrrhotite and pyrite alterations, controlled by the bedding of the carbonate sequence. The reported assays were derived using industry-standard diamond core drilling techniques, ensuring robust sampling and high recovery rates. Moreover, the company applied a comprehensive gold equivalent formula that factors in associated copper, silver, lead, and zinc values, underpinned by current commodity pricing and metallurgical recoveries. In light of these developments, the news carries both bullish and bearish elements. Optimists will point to the strong assay intercepts, the extensive and open mineralisation zone, and the significant capital resources available – with over $34 million in cash and liquid assets, supported by an additional $5 million strategic investment from Zijin Mining. These factors, combined with the ramp-up in exploration activities, suggest a robust near-term growth trajectory for the project. Conversely, cautious traders should consider the inherent exploration risks and uncertainties associated with early drill results, the reliance on forward-looking assessments, and potential commodity price volatility, which may influence future resource estimates and project economics. Overall, the recent drilling update from Strickland Metals Limited paints a promising picture for the Rogozna Project, with technical indicators and operational investments hinting at further exploration upside while also reminding investors to remain mindful of the risks inherent to resource development.