Strickland Metals Ltd · ASX:STK
Strickland Metals — RIU Resurgence Conference 2020
13 slides from Strickland Metals's conference presentation, Sep 16, 2020
Slide 1: RIU Resurgence Conference 2020 Investor Presentation
RIU Resurgence Conference 2020 Investor Presentation ASX: STK
Slide 2: Company Disclaimer & Statements
Company Disclaimer & Statements DISCLAIMER EXPLORATION RESULTS MINERAL RESOURCES This presentation has been prepared by Strickland Metals Limited Information in this report which relates to Exploration Results is based on The information in this report that relates to the new 2019 Dusk til Dawn and
Slide 3: Company Snapshot
Company Snapshot Strickland Metals is an experienced Junior Explorer hunting for the next major Copper, Gold and Nickel discovery in Western Australia. 1. A DeGrussa type VMS Copper-Gold-Zinc target in the Bryah Basin 2. Large Gold Project in the Yandal Belt - 257,000 ounce Inferred Gold Resource 3.
Slide 4: Bryah Basin Projects
Bryah Basin Projects In WA’s richest copper belt • Located approximately 100 km north of Meekatharra • Strategic tenement holdings with VMS and structural style copper and gold targets. • Doolgunna Project : 12 month Option from 20 July 2020 to purchase 80% Same Geology as Sandfire’s DeGrussa VM
Slide 5: Doolgunna Project
Doolgunna Project An extraordinary opportunity to discover the next DeGrussa type VMS deposit The Opportunity • Tenement holder Diversified Asset Holdings offered STK an opportunity to purchase 80% of the project1 • Information Memorandum showed interesting western copper anomaly – BUT it was in the
Slide 6: Doolgunna Due Diligence
Doolgunna Due Diligence Outcropping Copper Gossan Geology • Last Company exploration by Peak Resources from 2006-2010 – early stages of DeGrussa discovery, GFC in 2011 • Focused on Narracoota Volcanics model – but did map ‘iron metasomatism’ in Peak Hill Schists around copper anomaly. • Geological m
Slide 7: Doolgunna Due Diligence: Copper Gossan Geochemistry
Doolgunna Due Diligence Copper Gossan Geochemistry Geochemical confirmation • Field samples collected and analysed for multi-elements1 • ‘Lag’ soils upgrade -2mm soil anomaly from >60 ppm Cu to > 300 ppm Cu - peaking at 771 ppm Cu and 255 ppm Zn • pXRF rock analyses of goethite gossan up to 6,056 pp
Slide 8: Doolgunna Due Diligence: Copper Gossan has EM conductor beneath it
Doolgunna Due Diligence Copper Gossan has EM conductor beneath it Geophysics • Peak Resources completed a Moving Loop ground Electromagnetic (MLEM) survey in 2010 – focused on the south east area of Narracoota Volcanics - one ‘late time’ anomaly was in ‘Peak Hill Schists’ so disregarded ! • Independ
Slide 9: Horse Well Gold Project
Horse Well Gold Project Strickland Metals (65%) in JV with Silver Lake Resources (35%) Strickland is Manager and Operator of the JV, sole funding to increase equity • 550 km2 tenement holdings ideally located in the Yandal Greenstone Belt of W.A’s eastern-goldfields • Close to Northern Star’s Jundee
Slide 10: Paterson and West Musgrave Projects
Paterson and West Musgrave Projects RIO Partnerships – Nickel-Copper-Gold Exploration* The Paterson Project (RIO earning initial 70%) • No exploration on the 450 km2 project area for 20 years • Rio Tinto are using their unique local knowledge to define exploration targets • 8 RC drill holes (up to 2
Slide 11: Corporate Overview
Corporate Overview Board of Directors Capital Structure Andy Viner Shares on Issue 417m Executive Chairman – Exploration Geologist Matsa Resources / Jackson Gold / Gindalbie Metals Options 76.5m Gary Powell 2.5/4/5c unlisted Non-Executive Director- Consulting Geologist Red 5 / Medusa Mining / Metals
Slide 12: High Quality Exploration Project Pipeline
High Quality Exploration Project Pipeline New Project Acquisition Doolgunna has ‘Company making’ potential Gold Resource Existing 257,000 ounce gold resources with exploration upside Two Partnerships with Rio Large highly prospective projects in world class districts Activity & News Flow Hav
Slide 13: Thank You
Thank You ASX: STK stricklandmetals.com.au