Strickland Metals Limited
STK.AX
Australian Securities Exchange0.10
AUD
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Strickland Metals Limited
STK.AX
(Australian Securities Exchange)
Recent
price
0.10
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ratio
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div
yld
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ROIC.AI
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in mil. unless spec.- Similar Companies
- Business
- Strickland Metals Limited (ASX:STK) is a mineral exploration company focused on gold and base metals deposits. The company explores for gold, silver, copper, zinc, lead and cobalt; its primary asset is the flagship Rogozna Gold and Base Metals Project in Serbia, which hosts a substantial 7.4 million ounce gold equivalent resource across multiple deposits including Shanac and Gradina, with ongoing multi-rig drilling programs targeting resource expansion through 50,000 meters in 2025 and metallurgical recoveries up to 97.9% via conventional flotation. Operations are centered in Serbia, a proven mining jurisdiction, following the divestment of Australian projects such as the Yandal Gold Project, Iroquois Project, Bryah Basin Project and others. Founded in 2004 and formerly known as Alloy Resources Limited until its name change in August 2020, Strickland Metals Limited maintains headquarters in Mount Pleasant, Western Australia. Recent developments include the August 2025 completion of the A$45 million sale of the Yandal Gold Project to Gateway Mining Limited (ASX:GML), with approximately 80% of the received equity distributed in-specie to shareholders and 15.7% retained for ongoing exposure; a binding A$5 million investment commitment from Zijin Mining Group to accelerate Rogozna development; and active resource delineation drilling at Shanac and maiden resource estimation targeted for Gradina by late 2025.