Strickland Metals (ASX:STK) is expected to deliver a maiden mineral resource estimate (MRE) for its Rogozna gold and base metals project in Serbia later in the year, according to a Friday filing with the Australian bourse.
Six rigs are currently operational at Rogozna, the filing said.
The company also plans to begin work in June to target potential blind porphyry copper-gold deposits in the region, the filing added.
Company shares slid 2% in recent trade.
Price (AUD): $0.09, Change: $-0.0020, Percent Change: -2.20%