Australian company Strickland Metals has completed the USD 37 million acquisition of the Rogozna gold project in Serbia, uncovering a gold wire by the end of July.
Preliminary research at Obradov Potok indicates a significant geological anomaly 100 meters below the surface, suggesting extensive mineralization consistent with gold.
With four drilling rigs active and further analyses underway, the company is optimistic about discovering a new deposit.
CEO Andrew Bray noted Rogozna’s potential to become one of the largest undeveloped gold deposits globally, also containing copper and zinc.