Strickland Metals Limited has reported exceptional new drill results from its Rogozna Gold and Base Metals Project in Serbia. The diamond drilling at the Gradina Prospect returned an impressive intercept in drill-hole ZRSD25182, including 62.7 meters at 3.5 g/t gold starting from a depth of 386 meters. This intercept further included a concentrated segment of 27.8 meters at 6.3 g/t gold and an additional 4.1-meter interval at 8.5 g/t gold. These results bolster confidence that the up-dip extension at Gradina, where mineralisation is trending closer to the surface, will make a significant contribution to the overall resource base estimated at approximately 7.4 Moz AuEq. Drilling operations currently involve four rigs actively exploring Gradina, with two additional rigs at Shanac and Kotlovi and a seventh rig expected in the coming weeks. Since early March 2025, the company has completed 15 holes with assays from 11 remaining, indicating a robust campaign that could lead to a maiden Mineral Resource Estimate by late 2025. The deposit is hosted within silicified brown-garnet skarn with strong indicators including pyrrhotite and pyrite alteration and is accompanied by positive surface geochemical anomalies. These jointly support the potential for follow-up electromagnetic surveys to efficiently track the orebody along strike. Strickland Metals Limited is well positioned financially with cash and liquid assets of $34.8 million as of the March 2025 quarter and a recent strategic investment of $5 million from Zijin Mining. The company’s extensive technical work, including detailed JORC-compliant data on sampling, drilling geometry, and assay protocols, provides further validation of these promising early-stage exploration results. The recent announcement presents a bullish outlook for the company. The high-grade, thick intercepts and methodical drilling strategy underpin the potential for substantial resource expansion, and the strong financial position supports aggressive exploration. However, a bearish perspective remains, given that the deposit is still in the exploration phase. Pending assays, commodity price volatility, and inherent technical risks in early-stage discoveries could temper expectations. Overall, Strickland Metals Limited is positioned to potentially make significant advances in its resource estimates, making the project one to watch for investors with an appetite for exploration-driven opportunities.