Strickland Metals (STK) AGM 2025 Presentation summary

Corporate overview and capital structure

• Board includes experienced directors and management, with 2.26B shares on issue and a market cap of A$407M as of November 2025.

• Major shareholders include ARA V Fund, Ibaera Capital, L11 Capital, Jupiter Asset Management, and Zijin Mining.

• Cash position of A$24.8M as of September 2025, with additional proceeds from NST share sales.

2025 operational and financial highlights

• Rogozna resources increased by 2.1Moz AuEq to 7.4Moz AuEq, ranking among the largest ASX-listed gold explorers.

• Zijin Mining became a strategic investor, validating Rogozna as a Tier One asset.

• Yandal Project sold for $45M, adding value through subsequent share price growth.

• 45,000m of drilling completed at Rogozna, the largest program to date.

• Market cap grew by 280% to approximately $400M.

Rogozna project overview and geology

• Rogozna covers ~184 km² in Serbia's Trepca Mineral District, with four skarn-hosted gold and base metal deposits defined by over 140km of drilling.

• Inferred resources total 199Mt @ 1.2g/t AuEq for 7.4Moz AuEq across three deposits.

• Maiden Mineral Resource Estimate (MRE) for Gradina expected late 2025.

• Metallurgical testwork at Gradina shows 89.9% gold recovery using flotation.