Strickland Metals (ASX:STK) said it has received positive metallurgical results from the second phase of test work for the 1.8 million ounce Gradina Deposit, part of its Rogozna gold and base metals project in Serbia, according to a Monday Australian bourse filing.

The company said average gold recoveries of 94.3% and improved gold-in-concentrate grades averaging 21.1 grams per tonne were achieved, representing a significant increase from 2025 test work that returned average gold recoveries of 89.9%.

Additional test work is now advancing to gain further detailed knowledge of areas containing gold and elevated base metal concentrations, ahead of finalizing plant design for the upcoming pre-feasibility study for the project, it added.