Strickland Metals (STK) 2025 Precious Metals Summit - Zurich summary

Project Overview and Strategic Vision

• Rogozna project in Serbia features multiple large skarn-hosted gold and copper deposits, aiming for Tier One status with a 7.4Moz AuEq resource and a major 50,000m drilling program in 2025.

• The project is located in Serbia's Western Tethyan Belt, surrounded by major mining operations and significant base metal deposits.

• Strategic investment from Zijin Mining in early 2024 increased market confidence and liquidity.

• Asset acquired in July 2023, with a market cap of about AUD 400 million and strong cash position of A$44.8M.

• Rogozna benchmarks favorably against other ASX and TSX listed gold development projects in terms of scale and resource quality.

Resource and Exploration Highlights

• Rogozna comprises four skarn-hosted gold and base metal deposits, with 199Mt @ 1.2g/t AuEq for 7.4Moz AuEq in inferred resources.

• Shanac deposit holds 5.3Moz AuEq, with 30% in higher grade zones and recent drilling revealing new high-grade copper-gold zones; updated MRE due late 2025.

• Gradina deposit is a high-grade, gold-dominant system with mineralization open in all directions; maiden MRE expected late 2025.

• Medenovac contains 1.28Moz AuEq, featuring a structurally controlled high-grade core and open mineralization at depth and to the north.

• Copper Canyon hosts 0.81Moz AuEq, with recent drilling revealing significant copper-gold mineralization and mineralization open in all directions.

Exploration Strategy and 2025 Deliverables

• Over 180 sq km of tenure with 90% ownership; ongoing drilling targets both skarn and potential porphyry mineralization.

• New geophysical data identified three key mineralized structures, with porphyry targets prioritized for 2025 drilling.

• 2025 program includes 50,000m of diamond drilling with up to 10 rigs, aiming to demonstrate project economics and resource growth.

• Key 2025 milestones: Medenovac maiden MRE (Feb), Shanac MRE update (late March and late 2025), Gradina maiden MRE (late 2025), and ongoing porphyry exploration.

• Multiple deposits, including Šanac, Mladenovac, Kotlovi, and Copper Canyon, are closely located, supporting a multi-mine development approach.