Strickland Metals Limited has identified a new large-scale target at the Obradov Prospect following a recently completed magnetotelluric survey at its 100%-owned Rogozna Gold and Base Metals Project in Serbia.

Processed results from the magnetotelluric survey defined multiple new anomalies across the project area, with the largest sitting directly beneath the Obradov Prospect. The survey delineated a low-resistivity and high-chargeability anomaly in an area where drilling in late 2025 encountered several zones of carbonate replacement-style lead, zinc and silver mineralisation. This style of mineralisation is typically found on the distal margins of a porphyry or skarn mineralising system.

The Obradov prospect was initially identified through stream sediment sampling in 2020, followed by soil sampling across 2021 and 2022 that defined a multi-element geochemical anomaly. The convergence of magnetotelluric, gravity, induced polarization, geochemical and drilling data has strengthened the prospect as a priority target for upcoming drill testing.

“The recently completed MT survey has delivered some exciting results, delineating a very large, high-conductivity anomaly at the Obradov Prospect. We now have a very large conductive anomaly with obvious potential defined by multiple independent sources of anomalism including surface geochemistry, IP, gravity and now MT.”

“This makes Obradov one of our largest and most prospective targets for new discoveries.”

— Paul L’Herpiniere, Managing Director

The survey also identified a new target area at Jezerska North, defined by conductivity features and associated surface geochemistry. Additionally, a strong conductivity feature was mapped extending 900 metres east from the Jezerska porphyry system, indicating that untested potential remains across the broader licence area.

The company remains well-funded to advance its exploration schedule, reporting cash and liquid assets totalling $72 million as of 30 June 2026. This financial position follows an equity placement completed earlier in the year to fund the ongoing exploration program and support the delivery of a pre-feasibility study for the Rogozna Project, which is targeted for completion in the first half of 2027.

Read the full announcement: New Large Scale Target Emerges at Obradov