Company Interview / Strickland gets the backing of a global giant

Paul L’Herpiniere from Strickland Metals (ASX: STK) shares insights on their recent project acquisition with Shenzhen Mining. Shenzhen invests $5M for a stake, boosting Strickland's Serbian exploration endeavours. This partnership highlights global confidence in their projects.

Currently, Strickland holds 7.4M oz gold equivalent resources across three Serbian deposits, adding a fourth soon. They aim for 10M oz by year-end, intensifying efforts with a historic 50,000m drill program. Paul remains optimistic about gold's future, emphasising timely exploration.

Strickland is well-funded with nearly $40M from existing investments, covering budget needs for Serbia and WA. While Serbia is the flagship, their WA Andor project near Northern Star's Dundee mine also garners attention, featuring 400k oz of shallow gold.