Strickland Metals Ltd · ASX:STK
Strickland Metals — Investor Presentation (September 2024)
24 slides from Strickland Metals's investor presentation, Sep 10, 2024
Slide 1: North America Investor Presentation
For personal use only North America Investor Presentation September 2024 ASX Code: STK
Slide 2: Disclaimer
Disclaimer The information contained in the Presentation (Information) is a summary only and should be read in conjunction with any oral briefing and all other documents provided to you by the Strickland Metals Limited (Company). The Information is current as at the date of its release and the Compa
Slide 3: Corporate Snapshot
Corporate Snapshot Board Capital Structure ASX Ticker STK For personal use only Anthony McClure Non-Executive Chairman Shares on issue 2,206,914,742 Paul L’Herpiniere Managing Director Performance rights 78,600,000 Richard Pugh Executive Technical Director Options 57,000,000 Share Price A$0.09 Trent
Slide 4: Investment Proposition – A Rare Opportunity
Investment Proposition – A Rare Opportunity For personal use only A Rare Combination World - Class Scale Exploration Upside Balance Sheet Two high quality strategic ~ 5.7Moz Au Eq Significant mineralisation A$48.7 million in cash assets, Rogozna and Yandal combined resource drilled outside of curren
Slide 5: Rogozna Gold and Base Metals Project, Republic of Serbia
For personal use only ROGOZNA GOLD AND BASE METALS PROJECT, REPUBLIC OF SERBIA
Slide 6: Serbia – A Favourable & Proven Mining Jurisdiction
Serbia – A Favourable & Proven Mining Jurisdiction Tier One Mining Jurisdiction For personal use only ➢ Established mining industry. ➢ Europe's 2nd largest copper producer. Majdanpek 10.9Moz Au, 6.0Mt Cu Vares ➢ Recently executed MoU with European Union for 1.5Mt Pb+Zn, 100Moz Ag Bor 9.7Moz Au, 6.7M
Slide 7: Rogozna Project – A Massive Mineral System
Rogozna Project – A Massive Mineral System 5.4Moz Au Eq JORC 2012 Inferred Resources (2.96Moz Au, 214kt copper and 364kt zinc)1 for For personal use only just two of four drill-defined deposits. Located in the heart of one of Europe’s largest base metal mining centres: ▪ Trepca Mineral District hist
Slide 8: World-Class Drill Intercepts
World-Class Drill Intercepts Shanac 293.9m @ 1.8g/t Au, 0.2% Cu, 0.4% Pb, 0.2% Zn, 11g/t Ag For personal use only (2.5g/t Au Eq*) from 162.3m (ZRSD241491), incl. • 89.7m @ 4.0g/t Au from 244.5m Medenovac 352.1m @ 0.6g/t Au, 0.2% Cu, 1.6% Zn, 0.2% Pb, 9g/t Ag (2.1 High-grade Gold mineralisation in ZR
Slide 9: Shanac Deposit
Shanac Deposit 4.6Moz Au Eq JORC 2012 Inferred Resources1, open in all directions. For personal use only Bulk-scale (MIK) resource model with no domaining yet of high-grade zones (focus of current phase of work). Core (~150 – 450m depth) of the deposit averages ~14,000 Au Eq ounces per vertical metr
Slide 10: Shanac Deposit
Shanac Deposit For personal use only Shanac Long Section through the Central Domain, looking SW, 40m wide section view Shanac Cross Section looking north-west 10
Slide 11: Gradina Deposit
Gradina Deposit Multiple high-grade gold lodes with ~1km of drill-defined strike, open in all directions including up-dip towards surface. For personal use only Significant high-grade drill intercepts include1: ZRSD21143 • 15m @ 3.8g/t Au from 632m; and • 22m @ 4.0g/t Au from 691m. ZRSD20124 • 10m @
Slide 12: Medenovac Deposit
Medenovac Deposit Zn-Cu-Au deposit drill-defined along 600m of prospective 2km strike length. For personal use only High-grade core - 97.7m @ 1.3g/t Au, 0.5% Cu, 4.3% Zn, 0.5% Pb, 23g/t Ag (5.1g/t Au Eq) from 321m (ZRSD21136).1 Porphyry Cu-Au potential identified at depth. Two parallel zones of mine
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 Strickland’s deposits located within ~50km of the Jundee Gold Mine (NST). • Sale of Millrose Deposit to NST in 2023 - A$61 million for ~
Slide 16: Horse Well Gold Camp
Horse Well Gold Camp >8km long gold system centered on the intersection of a major anticline and NE-trending mineralisation controlling structural corridor. For personal use only Current drill-defined deposits situated within a residual (subcropping) regolith regime in the southern part of the syste
Slide 17: Horse Well – Palamino Deposit
Horse Well – Palamino Deposit Drilling at Palomino in 2024 has focused on targeting down-dip and For personal use only down-plunge extensions to the current oxide resource. Excellent results, including1: • 17m @ 10.6g/t Au from 147m; • 13.7m @ 6.3g/t Au from 133m; • 10.6m @ 7.5g/t Au from 161m; • 14
Slide 18: Horse Well – Warmblood Deposit
Horse Well – Warmblood Deposit 1.4km long target with extensive oxide gold For personal use only mineralisation and minimal drilling conducted below 80m depth. Recent significant intercepts1 in fresh rock highlights the obvious potential beneath the oxide zone • 14.4m @ 6g/t Au from 114m, and • 7.9m
Slide 19: Key Deliverables
Key Deliverables 60,000m Resource and Discovery Drilling at Rogozna For personal use only July 2024 July 2024 Early 2025 Mid 2025 Late 2025 Late 2025 Rogozna Discovery Drilling Shanac Mineral Maiden Medenovac Maiden Gradina Rogozna Scoping Acquisition New high-grade gold zone Resource Update Mineral
Slide 20: Investment Summary
Investment Summary With ~5.7Moz Au Eq resources and $48.7 million in available funding, Strickland Metals is a rare For personal use only investment opportunity among ASX-listed Junior Gold Companies. 80,000m resource definition and discovery drilling program underway, with a steady stream of news-f
Slide 21: 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 22: 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 23: Disclaimer
Disclaimer Gold Equivalent Calculations (Rogozna Project) Gold Equivalent calculations are based on the following metal prices; For personal use only For Shanac and Medenovac (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
Slide 24: For personal use only
For personal use only Paul L’Herpiniere, Managing Director info@stricklandmetals.com.au +61 8 6317 9875
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