{"id":10373,"date":"2024-05-31T02:46:29","date_gmt":"2024-05-31T02:46:29","guid":{"rendered":"https:\/\/economicherald.net\/?p=10373"},"modified":"2024-05-31T02:46:29","modified_gmt":"2024-05-31T02:46:29","slug":"exceptional-high-grade-gold-hits-at-stricklands-palomino-call-historical-data-into-question","status":"publish","type":"post","link":"https:\/\/economicherald.net\/?p=10373","title":{"rendered":"Exceptional high-grade gold hits at Strickland\u2019s Palomino call historical data into question"},"content":{"rendered":"<p>Exceptional gold hits represent significant expansion of Palomino\u2019s mineralised footprint<br \/>\nIntersections bring modelled gold mineralisation closer to the surface<br \/>\nFurther drilling on the cards to keep expanding Palomino<\/p>\n<p>\u00a0<\/p>\n<p><strong><em>Special Report<\/em><\/strong><strong>: Strickland Metals is once again proving itself to be quite the gold hunter after producing significant gold intersections from drilling in an area first thought to be devoid of mineralisation at the Palomino prospect.<\/strong><\/p>\n<p><a href=\"https:\/\/stockhead.com.au\/company\/strickland-metals-stk\/\"><strong>Strickland Metals\u2019 (ASX:STK)<\/strong><\/a> deposit-growing credentials stem from the sale of its Millrose gold project to <a href=\"https:\/\/stockhead.com.au\/company\/northern-star-resources-nst\/\"><strong>Northern Star Resources (ASX:NST)<\/strong><\/a> last year for $61m \u2013 cash it\u2019s using to put straight back into the ground at the Yandal gold project, of which the new Palomino deposit is becoming a big part of.<\/p>\n<p>Drilling at Palomino is supported by success at the Bronco-Konick prospects at the Horse Well project area, where recent RC drilling assays returned a <a href=\"https:\/\/stockhead.com.au\/resources\/strickland-metals-intersects-gold-at-celia-south-a-potential-lookalike-to-the-millrose-deposit\/\"><strong>highlight 89m @ 3g\/t from 18m to end of hole<\/strong><\/a>.<\/p>\n<p>\u00a0<\/p>\n<h2><strong>Unexpected expansion of Palomino<\/strong><\/h2>\n<p>Palomino is continuing to deliver excellent assay results, with a highlight intersection in hole HWRC256D of 10.6m @ 7.5g\/t Au from 161.4m, including 3m @ 21.2g\/t.<\/p>\n<p>That intersection is a continuation of the <a href=\"https:\/\/stockhead.com.au\/resources\/strickland-strikes-up-to-20g-t-gold-already-with-the-first-two-diamond-holes-at-palomino\/\"><strong>lode found last week in the first diamond hole drilled<\/strong><\/a>, which showed 13.7m @ 6.3g\/t gold from 133.4m, including 3m @ 20g\/t gold.<\/p>\n<p>\u201cIt\u2019s very pleasing to see the continuity of this lode down plunge, and bodes very well for pending results and ongoing drilling,\u201d STK chair Anthony McClure says.<\/p>\n<p>Possibly of more significance, however, is the intersection in hole HWRC254 which showed 9m @ 2.4g\/t Au from 22m and 21m @ 1.0g\/t gold from 76m.<\/p>\n<p>McClure says mineralisation was not expected to be encountered in the lower portion of this hole as it\u2019s outside of the current Palomino mineral resource and significantly expands the mineralisation footprint.<\/p>\n<p>\u201cThis includes bringing the modelled mineralisation closer to surface. The shallower ground in the immediate proximity of this intersection, as well as further to the northwest, is yet to be drilled and opens up a very promising exploration frontier for future drilling.\u201d<\/p>\n<p>\u00a0<\/p>\n<p>The latest high-grade gold hits from diamond drilling at Palomino. Pic supplied: (STK)<\/p>\n<p>\u00a0<\/p>\n<h2><strong>Significant gold anomaly identified nearby<\/strong><\/h2>\n<p>In line with the potential for mineralisation to continue opening up to the northwest, McClure says a significant IP anomaly has been identified ~600m along strike from the current Palomino drilling.<\/p>\n<p>\u201cThe anomaly is ~400m-long and sits at the intersection of the Palomino shear structure and the Clydesdale splay structure and we\u2019re planning a number of drill holes to test the target.<\/p>\n<p>\u201cJust as results from the first two diamond holes exceeded expectations in terms of both grade and width, the same can be said for the assays reported today.<\/p>\n<p>\u201cThis again brings into question whether historic results from the 1990s are underrepresenting the grade of the gold mineralisation and additional drilling is required to confirm this.<\/p>\n<p>\u201cDrilling is continuing to proceed well on site, with more assays from Palomino and Bronco expected shortly.\u201d<\/p>\n<p>\u00a0<\/p>\n\n<p><span class=\"mce_SELRES_start\">\ufeff<\/span>\u00a0<\/p>\n<p><em>This article was developed in collaboration with Strickland Metals, a Stockhead advertiser at the time of publishing.<\/em><\/p>\n<p><em>This article does not constitute financial product advice. You should consider obtaining independent advice before making any financial decisions.<\/em><\/p>\n<p><span class=\"et_bloom_bottom_trigger\"><\/span><\/p>\n<p>The post <a href=\"https:\/\/stockhead.com.au\/resources\/exceptional-high-grade-gold-hits-at-stricklands-palomino-call-historical-data-into-question\/\">Exceptional high-grade gold hits at Strickland\u2019s Palomino call historical data into question<\/a> appeared first on <a href=\"https:\/\/stockhead.com.au\/\">Stockhead<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"<p>Exceptional gold hits represent significant expansion of Palomino\u2019s mineralised footprint Intersections bring modelled gold mineralisation closer to the surface Further drilling on the cards to <a href=\"https:\/\/economicherald.net\/?p=10373\" class=\"read-more-link\">[more&#8230;]<\/a><\/p>\n","protected":false},"author":0,"featured_media":10374,"comment_status":"","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-10373","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-finance"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Exceptional high-grade gold hits at Strickland\u2019s Palomino call historical data into question - Economic Herald<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/economicherald.net\/?p=10373\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Exceptional high-grade gold hits at Strickland\u2019s Palomino call historical data into question - Economic Herald\" \/>\n<meta property=\"og:description\" content=\"Exceptional gold hits represent significant expansion of Palomino\u2019s mineralised footprint Intersections bring modelled gold mineralisation closer to the surface Further drilling on the cards to [more...]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/economicherald.net\/?p=10373\" \/>\n<meta property=\"og:site_name\" content=\"Economic Herald\" \/>\n<meta property=\"article:published_time\" content=\"2024-05-31T02:46:29+00:00\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data1\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/economicherald.net\\\/?p=10373#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/economicherald.net\\\/?p=10373\"},\"author\":{\"name\":\"\",\"@id\":\"\"},\"headline\":\"Exceptional high-grade gold hits at Strickland\u2019s Palomino call historical data into question\",\"datePublished\":\"2024-05-31T02:46:29+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/economicherald.net\\\/?p=10373\"},\"wordCount\":562,\"publisher\":{\"@id\":\"https:\\\/\\\/economicherald.net\\\/#organization\"},\"image\":{\"@id\":\"https:\\\/\\\/economicherald.net\\\/?p=10373#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/economicherald.net\\\/wp-content\\\/uploads\\\/2024\\\/05\\\/STK-image-13-1-wxKnI3.jpeg\",\"articleSection\":[\"Finance\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/economicherald.net\\\/?p=10373\",\"url\":\"https:\\\/\\\/economicherald.net\\\/?p=10373\",\"name\":\"Exceptional high-grade gold hits at Strickland\u2019s Palomino call historical data into question - Economic Herald\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/economicherald.net\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/economicherald.net\\\/?p=10373#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/economicherald.net\\\/?p=10373#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/economicherald.net\\\/wp-content\\\/uploads\\\/2024\\\/05\\\/STK-image-13-1-wxKnI3.jpeg\",\"datePublished\":\"2024-05-31T02:46:29+00:00\",\"breadcrumb\":{\"@id\":\"https:\\\/\\\/economicherald.net\\\/?p=10373#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/economicherald.net\\\/?p=10373\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/economicherald.net\\\/?p=10373#primaryimage\",\"url\":\"https:\\\/\\\/economicherald.net\\\/wp-content\\\/uploads\\\/2024\\\/05\\\/STK-image-13-1-wxKnI3.jpeg\",\"contentUrl\":\"https:\\\/\\\/economicherald.net\\\/wp-content\\\/uploads\\\/2024\\\/05\\\/STK-image-13-1-wxKnI3.jpeg\",\"width\":1200,\"height\":675},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/economicherald.net\\\/?p=10373#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/economicherald.net\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Exceptional high-grade gold hits at Strickland\u2019s Palomino call historical data into question\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/economicherald.net\\\/#website\",\"url\":\"https:\\\/\\\/economicherald.net\\\/\",\"name\":\"Economic Herald\",\"description\":\"\",\"publisher\":{\"@id\":\"https:\\\/\\\/economicherald.net\\\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/economicherald.net\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\\\/\\\/economicherald.net\\\/#organization\",\"name\":\"Economic Herald\",\"url\":\"https:\\\/\\\/economicherald.net\\\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/economicherald.net\\\/#\\\/schema\\\/logo\\\/image\\\/\",\"url\":\"https:\\\/\\\/economicherald.net\\\/wp-content\\\/uploads\\\/2023\\\/10\\\/cropped-cropped-economicheraldlogo-1.png\",\"contentUrl\":\"https:\\\/\\\/economicherald.net\\\/wp-content\\\/uploads\\\/2023\\\/10\\\/cropped-cropped-economicheraldlogo-1.png\",\"width\":850,\"height\":760,\"caption\":\"Economic Herald\"},\"image\":{\"@id\":\"https:\\\/\\\/economicherald.net\\\/#\\\/schema\\\/logo\\\/image\\\/\"}}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Exceptional high-grade gold hits at Strickland\u2019s Palomino call historical data into question - Economic Herald","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/economicherald.net\/?p=10373","og_locale":"en_US","og_type":"article","og_title":"Exceptional high-grade gold hits at Strickland\u2019s Palomino call historical data into question - Economic Herald","og_description":"Exceptional gold hits represent significant expansion of Palomino\u2019s mineralised footprint Intersections bring modelled gold mineralisation closer to the surface Further drilling on the cards to [more...]","og_url":"https:\/\/economicherald.net\/?p=10373","og_site_name":"Economic Herald","article_published_time":"2024-05-31T02:46:29+00:00","twitter_card":"summary_large_image","twitter_misc":{"Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/economicherald.net\/?p=10373#article","isPartOf":{"@id":"https:\/\/economicherald.net\/?p=10373"},"author":{"name":"","@id":""},"headline":"Exceptional high-grade gold hits at Strickland\u2019s Palomino call historical data into question","datePublished":"2024-05-31T02:46:29+00:00","mainEntityOfPage":{"@id":"https:\/\/economicherald.net\/?p=10373"},"wordCount":562,"publisher":{"@id":"https:\/\/economicherald.net\/#organization"},"image":{"@id":"https:\/\/economicherald.net\/?p=10373#primaryimage"},"thumbnailUrl":"https:\/\/economicherald.net\/wp-content\/uploads\/2024\/05\/STK-image-13-1-wxKnI3.jpeg","articleSection":["Finance"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/economicherald.net\/?p=10373","url":"https:\/\/economicherald.net\/?p=10373","name":"Exceptional high-grade gold hits at Strickland\u2019s Palomino call historical data into question - Economic Herald","isPartOf":{"@id":"https:\/\/economicherald.net\/#website"},"primaryImageOfPage":{"@id":"https:\/\/economicherald.net\/?p=10373#primaryimage"},"image":{"@id":"https:\/\/economicherald.net\/?p=10373#primaryimage"},"thumbnailUrl":"https:\/\/economicherald.net\/wp-content\/uploads\/2024\/05\/STK-image-13-1-wxKnI3.jpeg","datePublished":"2024-05-31T02:46:29+00:00","breadcrumb":{"@id":"https:\/\/economicherald.net\/?p=10373#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/economicherald.net\/?p=10373"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/economicherald.net\/?p=10373#primaryimage","url":"https:\/\/economicherald.net\/wp-content\/uploads\/2024\/05\/STK-image-13-1-wxKnI3.jpeg","contentUrl":"https:\/\/economicherald.net\/wp-content\/uploads\/2024\/05\/STK-image-13-1-wxKnI3.jpeg","width":1200,"height":675},{"@type":"BreadcrumbList","@id":"https:\/\/economicherald.net\/?p=10373#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/economicherald.net\/"},{"@type":"ListItem","position":2,"name":"Exceptional high-grade gold hits at Strickland\u2019s Palomino call historical data into question"}]},{"@type":"WebSite","@id":"https:\/\/economicherald.net\/#website","url":"https:\/\/economicherald.net\/","name":"Economic Herald","description":"","publisher":{"@id":"https:\/\/economicherald.net\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/economicherald.net\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/economicherald.net\/#organization","name":"Economic Herald","url":"https:\/\/economicherald.net\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/economicherald.net\/#\/schema\/logo\/image\/","url":"https:\/\/economicherald.net\/wp-content\/uploads\/2023\/10\/cropped-cropped-economicheraldlogo-1.png","contentUrl":"https:\/\/economicherald.net\/wp-content\/uploads\/2023\/10\/cropped-cropped-economicheraldlogo-1.png","width":850,"height":760,"caption":"Economic Herald"},"image":{"@id":"https:\/\/economicherald.net\/#\/schema\/logo\/image\/"}}]}},"_links":{"self":[{"href":"https:\/\/economicherald.net\/index.php?rest_route=\/wp\/v2\/posts\/10373","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/economicherald.net\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/economicherald.net\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/economicherald.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=10373"}],"version-history":[{"count":0,"href":"https:\/\/economicherald.net\/index.php?rest_route=\/wp\/v2\/posts\/10373\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/economicherald.net\/index.php?rest_route=\/wp\/v2\/media\/10374"}],"wp:attachment":[{"href":"https:\/\/economicherald.net\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=10373"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/economicherald.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=10373"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/economicherald.net\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=10373"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}