Strickland Metals (STK) 2024 Precious Metals Summit Zurich + Energy Transition summary

Strategic assets and financial position

• Holds two key projects: Rogozna (Serbia, gold/base metals) and Yandal (Western Australia, gold), both in established mining regions.

• Maintains over AUD 40 million in cash and liquid assets, fully funding all exploration programs.

• No need for capital raising due to recent asset sale and strong financial position.

• Market cap is about AUD 180 million, with an enterprise value of AUD 140 million; top 20 shareholders own 51%.

• Technical teams of 25 in Serbia and 20 in Australia, with experienced board oversight.

Rogozna project highlights

• Located in Serbia's Trepča district, a historic and active mining region with strong infrastructure.

• Acquired for AUD 35 million in scrip; over $60 million invested and 100,000 m drilled historically.

• Four deposits identified, with Shanac being the largest at 4.6 million ounces gold equivalent.

• Polymetallic resource: 60% gold, 20% copper, remainder zinc, lead, silver; multiple mineralization styles.

• Recent discoveries include Kotlovi, with significant high-grade intercepts and multiple mineralization zones.

Exploration and resource growth

• 80,000 m drill program underway in Serbia; 15,000 m drilled since July, with 60,000 m remaining over 12 months.

• Focus on high-grade core at Shanac, with 80% of high-grade metal in central domain.

• Gradina deposit is gold-rich (90% gold), with high metallurgical recoveries; new access allows deeper drilling.

• Medenovac and Kotlovi show high-grade, thick intercepts; over 400 m vertical extent at Kotlovi.

• Over 20 targets across Rogozna, with ongoing drilling at Jezerska Reka and plans for Obradov Potok.