Strickland has identified four prospects at Rogozna. The booked resource is spread across two prospects – Shanac and Copper Canyon - with further exploration potential in the Medenovac and Gradina prospects.

The Shanac resource was compiled last year by Matrix Resource Consultants in Perth and sits at 4.63 million ounces of gold equivalent. It includes 2.63 million ounces of gold, 130,000 tonnes of copper, 21.3 million ounces of silver, 260,000 tonnes of lead and 364,000 tonnes of zinc.

Drilling is continuing at Shanac with two rigs focused on the core of the deposit and another diamond drill set to arrive on site by the end of the month to test several copper-gold porphyry targets.

The resource at Copper Canyon was calculated by MPR Geological Consultants in Perth in 2021 and shows 28 million tonnes at 0.9g/t gold equivalent, with 0.4g/t gold and 0.3 per cent copper. It tallies 810,000 ounces of gold equivalent, broken down to 360,000 ounces of gold and 84,000 tonnes of copper metal.

In total, both deposits hold the 5.44 million ounces of gold equivalent – 2.99 million ounces of gold, 214,000 tonnes of copper, 21.3 million ounces of silver, 260,000 tonnes of lead and 364,000 tonnes of zinc.

With a healthy bank balance of $51.4 million in cash and Northern Star shares in its coffers following the sale of its Millrose project last year, Strickland appears to now be defining a significant mineralised system in Serbia.

Is your ASX-listed company doing something interesting? Contact: mattbirney@bullsnbears.com.au