- Strickland Metals (STK) commences a native title heritage survey at its Yandal project in Western Australia
- The survey is being undertaken with the Tarlka Matuwa Parku (Aboriginal Corporation) RNTBC (TMPAC) and is expected to take 10 days
- The survey is mainly aimed at obtaining clearance for the highly anticipated Millrose gold resource drill out in the new year
- Strickland expects further surveys to commence in the new year to finalise heritage clearances for its planned 2022 drilling programs
- Strickland has ended the day down 2.7 per cent to close at 7.2 cents per share
Strickland Metals (STK) has commenced a native title heritage survey at its Yandal project in Western Australia.
The survey is being undertaken with the Tarlka Matuwa Parku (Aboriginal Corporation) RNTBC (TMPAC) and is expected to take 10 days.
The main focus of the survey is on obtaining clearance for the Millrose gold resource drill out. After this, it will focus on the Dusk til Dawn and Big Daddy gold trends.
Strickland is anticipating further surveys to commence in the new year to finalise heritage clearances for its planned 2022 drilling programs with a drill rig expected to arrive on site in the final week of January.
CEO Andrew Bray said the heritage survey with TMPAC builds on the already strong partnership the company has built with the Traditional Owners.
“The initial focus of the survey will be on obtaining clearance for the planned Millrose resource drill out under the new framework of the Native Title Agreement announced to the market on October 12 2021,” he said.
“After Millrose, the survey will move north to the Dusk til Dawn and Big Daddy areas, before concluding at Iroquois, time permitting. Timely conclusion of the survey will allow the company to commence its resource drill out at Millrose in January 2022, as initially planned.”
“As always, the company thanks TMPAC for their ongoing proactive engagement, and we continue to look forward to advancing our flagship Yandal project for the benefit of all stakeholders,” he concluded.
Strickland was down 2.7 per cent to trade at 7.2 cents per share at market close.