Strickland Metals Ltd · ASX:STK
Strickland Metals — Non-Deal Roadshow (May 2024)
28 slides from Strickland Metals's roadshow presentation, May 8, 2024
Slide 1: Building a Mid-Tier Natural Resources Company
For personal use only Building a Mid-Tier Natural Resources Company Europe and North America Roadshow Presentation May 2024 ASX Code: STK
Slide 2: Corporate Snapshot
Corporate Snapshot Board Capital Structure For personal use only ASX Ticker STK Anthony McClure Non-Executive Chairman Shares on issue 1,697,967,807 Mark Cossom Non-Executive Director STKOA Expiring 17th May 2024 94,919,995 Performance rights 29,100,000 David Morgan Non-Executive Director Other opti
Slide 3: Investment Proposition – A Rare Opportunity
Investment Proposition – A Rare Opportunity For personal use only A rare combination of two Scale ~ 5.7Moz Au Eq Exploration Upside Balance Sheet Strength high quality strategic current combined Significant drill-defined >A$50 million in cash and assets, Rogozna and Yandal resource base mineralisati
Slide 4: A Rare Opportunity – Strategic Projects and >A$50m of Funding
A Rare Opportunity – 2 Strategic Projects and >A$50m of Funding Rogozna Project, Serbia Yandal Project, Western Australia For personal use only ➢ Scale 5.4Moz Au Eq Inferred Resource (2.96Moz Au, 214kt ➢ Scale ~250koz Inferred Resources 2 Copper and 364kt Zinc) 1 ➢ Exploration Upside >70km strike po
Slide 5: Rogozna Gold and Base Metals Project, Serbia
For personal use only ROGOZNA GOLD AND BASE METALS PROJECT, SERBIA
Slide 6: Rogozna Project - Background
Rogozna Project - Background A very large Gold + Base Metals system located in the Trepca Mining District of southern Serbia For personal use only 5.4Moz Au Eq JORC 2012 Inferred Resources (2.96Moz Au, 214kt Copper and 364kt Zinc)1 for just two of four drill-defined deposits >A$60 million invested b
Slide 7: Rogozna Project – A Massive Mineral System
Rogozna Project – A Massive Mineral System Rogozna is located in the heart of one of Europe’s largest base metal mining centres For personal use only ▪ Trepca Mineral District historical production of >30Mt @ >8% Zn + Pb Younger volcanic cover (blind targets) Multiple large skarn-hosted Gold-Copper
Slide 8: World-Class Drill Intercepts
World-Class Drill Intercepts Medenovac • 352m @ 2.1g/t Au Eq from 240m (ZRSD21136), incl. For personal use only • 97.7m @ 5.1g/t Au Eq from 321m Shanac • 409m @ 1.4g/t Au Eq from 193m (ZRSD20120), incl. • 37m @ 3.7g/t Au Eq from 449m, and • 22m @ 6.0g/t Au Eq from 581m 2.6g/t Au and 1.7% Cu in ZRSD2
Slide 9: Shanac Deposit – Bulk Tonnage with Coherent High-Grade
Shanac Deposit – Bulk Tonnage with Coherent High-Grade Skarn-hosted Au-Cu (+Zn, Pb, Ag) deposit with 4.6Moz Au Eq JORC 2012 Inferred For personal use only Resources1 defined along 600m strike length, open to the north, east and at depth Bulk-scale (MIK) resource model with no domaining of high-grade
Slide 10: Medenovac Deposit – Recent Discovery
Prospect Cross-Section Looking North Medenovac Deposit – Recent Discovery Skarn-hosted Zn-Cu-Au deposit drill-defined along 600m of prospective 2km strike length, open at depth and along strike For personal use only High-grade core - 97.7m @ 5.1g/t Au Eq from 321, within 352m @ 2.1g/t Au Eq from 240
Slide 11: Gradina Deposit – Multiple Gold Lodes Along 1km Strike
Gradina Deposit – Multiple Gold Lodes Along 1km Strike Multiple high-grade Gold lodes with ~1km of drill-defined strike For personal use only Significant high-grade drill intercepts include; ZRSD21143 • 15m @ 3.9g/t Au Eq from 632m and • 22m @ 4.1g/t Au Eq from 691m ZRSD20124 • 10m @ 4.9g/t Au Eq fr
Slide 12: Copper Canyon Deposit – Tip of the Iceberg
Copper Canyon Deposit – Tip of the Iceberg 0.8Moz Au Eq JORC 2012 Inferred Resources1 For personal use only Outcropping Cu-Au mineralisation, the most Copper-rich of all the deposits with ~55% Copper, ~45% Gold ~50m thick, flat-lying higher-grade mineralisation (~1% Cu, ~1g/t Au), surrounded by lowe
Slide 13: Exploration Upside – An Extensive Target Pipeline
Exploration Upside – An Extensive Target Pipeline Resource Growth Shanac (4.6Moz AuEq) – Strike and depth extensions For personal use only Copper Canyon (0.8Moz AuEq) – Northern strike extension Resource Definition Medenovac – Deliver Maiden Resource Gradina – Deliver Maiden Resource Copper Canyon S
Slide 14: Yandal Gold Project, Western Australia
For personal use only YANDAL GOLD PROJECT, WESTERN AUSTRALIA
Slide 15: Yandal Project – Background
Yandal Project – Background 1,765 sq km project area, containing ~250koz Inferred Resources1 and 70km strike potential along the Celia Shear For personal use only The Project is adjacent to Northern Star’s Yandal Operations, with Strickland’s deposits located within ~50km of the Jundee Gold Mine The
Slide 16: Horse Well Gold Camp – Multiple Shallow Deposits
Horse Well Gold Camp – Multiple Shallow Deposits The Horse Well Gold Camp is situated at a major jog in the Celia Shear Zone For personal use only The Horse Well Deposits are part of a multi-structure, highly endowed, interconnected gold system spanning a minimum footprint of ~4km x 2.5km Geological
Slide 17: Palamino Clydesdale Trend - Down-Plunge Potential
Palamino Clydesdale Trend - Down-Plunge Potential Drilling at Palomino in 2024 is focused on increasing shallow oxide resources and For personal use only obtaining further structural and geochemical data to aid with targeting of deeper mineralisation Follow-up drilling will progressively target down
Slide 18: Marwari Warmblood Trend – Minimal Drilling at Depth
Marwari Warmblood Trend – Minimal Drilling at Depth For personal use only 18
Slide 19: Warmblood Filly South Trend - 1km Mineralised Strike
Warmblood Filly South Trend - 1km Mineralised Strike Warmblood and Filly South are possibly part of a larger combined mineralised system with a minimum strike length of 1km For personal use only Well-developed high-grade oxide mineralisation suitable for open pit mining, including: • AHWA353: 32m @
Slide 20: Bronco Konik Trend – Bulk Tonnage Potential
Bronco Konik Trend – Bulk Tonnage Potential Drilling at Bronco-Konik will focus on understanding the structural controls on mineralisation and determining For personal use only pathfinder elemental characteristics for exploration targeting Initial RC drilling designed to define oxide resources along
Slide 21: Great Western – Exciting New Target
Great Western – Exciting New Target Intrusion-related Au-Cu target immediately to the west of Horse Well For personal use only The target is located at a favourable structural position within a regional flexure and is spatially associated with a major magnetic anomaly and IP chargeability high with
Slide 22: Earaheedy Project - An Emerging Base Metals District
Earaheedy Project - An Emerging Base Metals District Emerging Base Metals Project located adjacent to Rumble Resources’ Eeraheedy Project - 94Mt @ 3.1% For personal use only Zn+Pb & 4.1g/t Ag (2.2Mt Zn, 0.7Mt Pb and 12.6Moz Ag contained metal) High-grade Zinc mineralisation encountered in first- pas
Slide 23: Investment Summary – A Standout In The Sector
Investment Summary – A Standout In The Sector With ~5.7Moz Au Eq resources and >$50 million in available funding, Strickland For personal use only Metals is a standout among ASX-listed Junior Gold Companies 80,000m resource definition and exploration drilling program underway, with a steady stream o
Slide 24: Appendix 1: Rogozna Inferred Mineral Resource Estimates
Appendix 1: Rogozna Inferred Mineral Resource Estimates Shanac Inferred Mineral Resource Estimate (April 2023) Tonnes Au Eq Au Cu Ag Pb Zn Au Eq Au Cu Ag Pb Zn (Mt) (g/t) (g/t) (%) (g/t) (%) (%) (Moz) (Moz) (kt) (Moz) (kt) (kt) For personal use only 130 1.1 0.63 0.1 5.1 0.2 0.28 4.63 2.63 130 21.3 2
Slide 25: Appendix 2: Yandal Inferred Mineral Resource Estimates
Appendix 2: Yandal Inferred Mineral Resource Estimates HORSEWELL INFERRED RESOURCE PROSPECT TONNES GRADE (g/t) Contained Metal (oz) For personal use only Palomino 930,400 2.30 68,300 Filly SW 302,400 1.80 17,200 Filly 206,000 1.30 8,700 Warmblood 788,000 2.1 53,900 Dusk til Dawn 3,495,600 1.0 108,90
Slide 26: Disclaimers
Disclaimers Gold Equivalent Calculations (Rogozna Project) Gold Equivalent calculations are based on the following metal prices; For personal use only For Shanac (April 2023) (US$1,750/oz), copper (US$10,000/t), silver (US$25/oz), lead (US$2,200/t), zinc (US$3,000/t), and metallurgical recoveries of
Slide 27: Disclaimers
Disclaimers This Presentation and any accompanying verbal Presentation (together the Presentation) and confidential information has been prepared by Strickland Metals Ltd (Company), the company that is proposing to acquire the Rogozna Project. The information contained in the Presentation (Informati
Slide 28: For personal use only
For personal use only Paul L’Herpiniere, Managing Director Anthony McClure, Chairman info@stricklandmetals.com.au info@stricklandmetals.com.au +61 8 6317 9875 +61 8 6317 9875