{"id":5414,"date":"2024-02-06T00:13:16","date_gmt":"2024-02-06T00:13:16","guid":{"rendered":"https:\/\/economicherald.net\/?p=5414"},"modified":"2024-02-06T00:13:16","modified_gmt":"2024-02-06T00:13:16","slug":"ideal-geological-setup-for-a-major-gold-discovery-has-strickland-solved-the-mystery-of-marwari","status":"publish","type":"post","link":"https:\/\/economicherald.net\/?p=5414","title":{"rendered":"\u2018Ideal geological setup for a major gold discovery\u2019: Has Strickland solved the mystery of Marwari?"},"content":{"rendered":"<p>Special Report: Over the Christmas break successful WA gold hunter Strickland Metals defined a new 2.6km long trend at the flagship Yandal project. It is confident this corridor, between the Marwari and Warmblood prospects, could yield a major gold discovery.<\/p>\n<p>Since June 2021,\u00a0<a href=\"https:\/\/stockhead.com.au\/company\/strickland-metals-stk\/\">Strickland Metals (ASX:STK)<\/a>\u00a0has executed a series of acquisitions to consolidate the entire northeast flank of the prolific Yandal Greenstone belt in WA\u2019s Goldfields region, about 50km north of\u00a0<a href=\"https:\/\/stockhead.com.au\/company\/northern-star-resources-nst\/\">Northern Star\u2019s (ASX:NST)<\/a>\u00a0underground Jundee operation.<\/p>\n<p>The project includes the 148,000oz Horse Well prospect, which despite significant historical drilling, is very poorly understood due to haphazard, patchy exploration work in the past.<\/p>\n<p>STK \u2014 cashed up via its sale of its Millrose deposit to NST\u00a0<a href=\"https:\/\/stockhead.com.au\/resources\/stricklands-pockets-tidy-61m-from-sale-of-millrose-gold-project-to-northern-star\/\">for $61m<\/a>\u00a0\u2014 kicked off a systematic 40,000m aircore drilling program at Yandal in early August.<\/p>\n<p>Success came quickly with <a href=\"https:\/\/stockhead.com.au\/resources\/31m-at-5-6-g-t-strickland-makes-spectacular-new-gold-discovery-at-yandal\/\">an impressive discovery at Marwari<\/a> (31m @ 5.6g\/t gold, ending in mineralisation). Subsequent success at Marwari and surrounding prospects ensured STK would be one of 2023\u2019s top performing gold stocks.<\/p>\n<p>\u00a0<\/p>\n<h2><strong>Not slowing down in 2024<\/strong><strong>\u00a0<\/strong><\/h2>\n<p>Work over then Christmas break has now uncovered an impressive 2.6km coherent corridor of gold mineralisation extending from Marwari to Warmblood:<\/p>\n<p>Caption: Long Section of the newly delineated Marwari-Filly-Warmblood 2.6km gold corridor.<\/p>\n<p>CEO Andrew Bray says this was the culmination of substantial work digesting the large drilling programs Strickland undertook in the second half of 2023.<\/p>\n<p>\u201cThis corridor remains entirely untested in several large portions along strike, and largely untested at depth for almost the entirety of the prospect area,\u201d he says.<\/p>\n<p>\u201cFor example, only 7% of drilling has occurred below 150m, and only 3% below 200m depth.\u201d<\/p>\n<p>\u00a0<\/p>\n<h2><strong>Solving the mystery of Marwari<\/strong><\/h2>\n<p>The company also believes it has solved the mystery of Marwari\u2019s \u2018complex\u2019 mineralised structure. Like Millrose, thick high grade oxide gold hits were not initially replicated at depth due to barren cross-cutting structure.<\/p>\n<p>\u201cAs an example, MRDD011 and MRDD012 at Millrose were drilled on a NE structure directly beneath impressive oxide intersections MSRC058: 35m @ 1.5g\/t Au and MSRC067: 25m @ 2.7g.t Au,\u201d Bray says.<\/p>\n<p>\u201cBoth diamond holes returned highly altered and visually impressive, yet largely barren, intersections in the fresh rock.<\/p>\n<p>\u201cThis same setting of NE cross-cutting structures was also observed north of Millrose at Wanamaker and again at Millrose South, with the same results (i.e. \u2018blow out\u2019 oxide results not being replicated at depth).<\/p>\n<p>\u201cMoving immediately along strike to the north and south of these NE structures, however, was where the main Millrose Mineral Resources were located.\u201d<\/p>\n<p>STK is now confident that this is what occurred with the initial Marwari drilling. What it means is the remainder of the 2.6km corridor represents \u201ca very compelling exploration target\u201d.<\/p>\n<p>\u201cIt represents an ideal geological setup for a major gold discovery,\u201d Bray says.<\/p>\n<p>\u201cHigh priority target areas include regions north and south of the NE-structure that dissects Marwari, including below an oxide intercept of 8m @ 3.3g\/t Au from 40m (HNAC152) to the north and 60m @ 0.5g\/t Au from 40m (HWAC1550) to the south.\u201d<\/p>\n<p>The company is currently relogging historic drill chips and conducting litho-geochemical analysis on this corridor, as well as the wider Horse Well area, to assist with further drill targeting.<\/p>\n<p>\u201cOnce the wet season has finished, the company will begin systematically testing along the Marwari corridor, as well as other key areas in Horse Well identified from the 2023 drilling programs.\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, a Stockhead advertiser at the time of publishing. <\/em><\/p>\n<p><em>\u00a0<\/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\/ideal-geological-setup-for-a-major-gold-discovery-has-strickland-solved-the-mystery-of-marwari\/\">\u2018Ideal geological setup for a major gold discovery\u2019: Has Strickland solved the mystery of Marwari?<\/a> appeared first on <a href=\"https:\/\/stockhead.com.au\/\">Stockhead<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"<p>Special Report: Over the Christmas break successful WA gold hunter Strickland Metals defined a new 2.6km long trend at the flagship Yandal project. It is <a href=\"https:\/\/economicherald.net\/?p=5414\" class=\"read-more-link\">[more&#8230;]<\/a><\/p>\n","protected":false},"author":0,"featured_media":5415,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-5414","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-finance"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>\u2018Ideal geological setup for a major gold discovery\u2019: Has Strickland solved the mystery of Marwari? - 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=5414\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"\u2018Ideal geological setup for a major gold discovery\u2019: Has Strickland solved the mystery of Marwari? - Economic Herald\" \/>\n<meta property=\"og:description\" content=\"Special Report: Over the Christmas break successful WA gold hunter Strickland Metals defined a new 2.6km long trend at the flagship Yandal project. It is [more...]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/economicherald.net\/?p=5414\" \/>\n<meta property=\"og:site_name\" content=\"Economic Herald\" \/>\n<meta property=\"article:published_time\" content=\"2024-02-06T00:13:16+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/economicherald.net\/wp-content\/uploads\/2024\/02\/GettyImages-690284818-jvdIde.png\" \/>\n\t<meta property=\"og:image:width\" content=\"1200\" \/>\n\t<meta property=\"og:image:height\" content=\"675\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\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=5414#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/economicherald.net\\\/?p=5414\"},\"author\":{\"name\":\"\",\"@id\":\"\"},\"headline\":\"\u2018Ideal geological setup for a major gold discovery\u2019: Has Strickland solved the mystery of Marwari?\",\"datePublished\":\"2024-02-06T00:13:16+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/economicherald.net\\\/?p=5414\"},\"wordCount\":628,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\\\/\\\/economicherald.net\\\/#organization\"},\"image\":{\"@id\":\"https:\\\/\\\/economicherald.net\\\/?p=5414#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/economicherald.net\\\/wp-content\\\/uploads\\\/2024\\\/02\\\/GettyImages-690284818-jvdIde.png\",\"articleSection\":[\"Finance\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/economicherald.net\\\/?p=5414#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/economicherald.net\\\/?p=5414\",\"url\":\"https:\\\/\\\/economicherald.net\\\/?p=5414\",\"name\":\"\u2018Ideal geological setup for a major gold discovery\u2019: Has Strickland solved the mystery of Marwari? - Economic Herald\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/economicherald.net\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/economicherald.net\\\/?p=5414#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/economicherald.net\\\/?p=5414#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/economicherald.net\\\/wp-content\\\/uploads\\\/2024\\\/02\\\/GettyImages-690284818-jvdIde.png\",\"datePublished\":\"2024-02-06T00:13:16+00:00\",\"breadcrumb\":{\"@id\":\"https:\\\/\\\/economicherald.net\\\/?p=5414#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/economicherald.net\\\/?p=5414\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/economicherald.net\\\/?p=5414#primaryimage\",\"url\":\"https:\\\/\\\/economicherald.net\\\/wp-content\\\/uploads\\\/2024\\\/02\\\/GettyImages-690284818-jvdIde.png\",\"contentUrl\":\"https:\\\/\\\/economicherald.net\\\/wp-content\\\/uploads\\\/2024\\\/02\\\/GettyImages-690284818-jvdIde.png\",\"width\":1200,\"height\":675},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/economicherald.net\\\/?p=5414#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/economicherald.net\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"\u2018Ideal geological setup for a major gold discovery\u2019: Has Strickland solved the mystery of Marwari?\"}]},{\"@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":"\u2018Ideal geological setup for a major gold discovery\u2019: Has Strickland solved the mystery of Marwari? - 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=5414","og_locale":"en_US","og_type":"article","og_title":"\u2018Ideal geological setup for a major gold discovery\u2019: Has Strickland solved the mystery of Marwari? - Economic Herald","og_description":"Special Report: Over the Christmas break successful WA gold hunter Strickland Metals defined a new 2.6km long trend at the flagship Yandal project. It is [more...]","og_url":"https:\/\/economicherald.net\/?p=5414","og_site_name":"Economic Herald","article_published_time":"2024-02-06T00:13:16+00:00","og_image":[{"width":1200,"height":675,"url":"https:\/\/economicherald.net\/wp-content\/uploads\/2024\/02\/GettyImages-690284818-jvdIde.png","type":"image\/png"}],"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=5414#article","isPartOf":{"@id":"https:\/\/economicherald.net\/?p=5414"},"author":{"name":"","@id":""},"headline":"\u2018Ideal geological setup for a major gold discovery\u2019: Has Strickland solved the mystery of Marwari?","datePublished":"2024-02-06T00:13:16+00:00","mainEntityOfPage":{"@id":"https:\/\/economicherald.net\/?p=5414"},"wordCount":628,"commentCount":0,"publisher":{"@id":"https:\/\/economicherald.net\/#organization"},"image":{"@id":"https:\/\/economicherald.net\/?p=5414#primaryimage"},"thumbnailUrl":"https:\/\/economicherald.net\/wp-content\/uploads\/2024\/02\/GettyImages-690284818-jvdIde.png","articleSection":["Finance"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/economicherald.net\/?p=5414#respond"]}]},{"@type":"WebPage","@id":"https:\/\/economicherald.net\/?p=5414","url":"https:\/\/economicherald.net\/?p=5414","name":"\u2018Ideal geological setup for a major gold discovery\u2019: Has Strickland solved the mystery of Marwari? - Economic Herald","isPartOf":{"@id":"https:\/\/economicherald.net\/#website"},"primaryImageOfPage":{"@id":"https:\/\/economicherald.net\/?p=5414#primaryimage"},"image":{"@id":"https:\/\/economicherald.net\/?p=5414#primaryimage"},"thumbnailUrl":"https:\/\/economicherald.net\/wp-content\/uploads\/2024\/02\/GettyImages-690284818-jvdIde.png","datePublished":"2024-02-06T00:13:16+00:00","breadcrumb":{"@id":"https:\/\/economicherald.net\/?p=5414#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/economicherald.net\/?p=5414"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/economicherald.net\/?p=5414#primaryimage","url":"https:\/\/economicherald.net\/wp-content\/uploads\/2024\/02\/GettyImages-690284818-jvdIde.png","contentUrl":"https:\/\/economicherald.net\/wp-content\/uploads\/2024\/02\/GettyImages-690284818-jvdIde.png","width":1200,"height":675},{"@type":"BreadcrumbList","@id":"https:\/\/economicherald.net\/?p=5414#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/economicherald.net\/"},{"@type":"ListItem","position":2,"name":"\u2018Ideal geological setup for a major gold discovery\u2019: Has Strickland solved the mystery of Marwari?"}]},{"@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\/5414","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=5414"}],"version-history":[{"count":0,"href":"https:\/\/economicherald.net\/index.php?rest_route=\/wp\/v2\/posts\/5414\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/economicherald.net\/index.php?rest_route=\/wp\/v2\/media\/5415"}],"wp:attachment":[{"href":"https:\/\/economicherald.net\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=5414"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/economicherald.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=5414"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/economicherald.net\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=5414"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}