Strickland Metals Ltd · ASX:STK
Strickland Metals — Shareholder Meeting (November 2025)
34 slides from Strickland Metals's shareholder meeting presentation, Nov 24, 2025
Slide 1: Growing Rogozna Into A Tier One Gold Project
For personal use only Growing Rogozna Into A Tier One Gold Project AGM Presentation November 2025 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 Overview
Corporate Overview Board Capital Structure (as of 21 Nov 2025 unless otherwise stated) For personal use only Anthony McClure Non-Executive Chairman Shares on issue 2,262,359,797 Performance rights (20c, 30c, 50c)1 99,300,000 Paul L’Herpiniere Managing Director Options (13.5c) 50,000,000 Richard Pugh
Slide 4: 2025 Highlights
For personal use only 2025 Highlights 4
Slide 5: 2025 – A Productive Year for Strickland
2025 – A Productive Year for Strickland 2.1Moz AuEq Increase in Rogozna Resources: Increased ASX/TSX Listed Gold Development Projects* For personal use only total resources to 7.4Moz AuEq – one of the largest 14 TSX resources among ASX-listed gold explorers. ASX 12 Introduction of Zijin Mining as st
Slide 6: 2025 Drilling Highlights
2025 Drilling Highlights For personal use only Rogozna 2025 Bulk Tonnage Intercepts* Rogozna 2025 High Grade Intercepts* 1,000 225 Copper Canyon Copper Canyon Gradina Gradina Kotlovi Kotlovi Shanac 800 Shanac 175 600 GxM GxM 125 400 75 200 0 25 1.0 1.5 2.0 2.5 3.0 3.5 4.0 2.0 3.0 4.0 5.0 6.0 7.0 8.0
Slide 7: Rogozna Overview
For personal use only Rogozna Overview 7
Slide 8: Rogozna – In the Land of Giants
Rogozna – In the Land of Giants Highly prospective geology For personal use only Western Tethyan Belt with multiple giant porphyry-related deposits. Major miners active in-country Zijin, Rio Tinto, BHP and Dundee Precious Metals. Mining in Serbia 2.7% of GDP, strategy to increase to 10%. Europe’s 2n
Slide 9: Rogozna Overview
Rogozna Overview A massive magmatic mineral system with ~184 km2 of tenure. For personal use only Located in the heart of one of Europe’s largest base metal mining centres – Trepca Mineral District. Four skarn-hosted gold + base metal deposits defined by >140km of drilling. 199Mt @ 1.2g/t AuEq for 7
Slide 10: Rogozna Sustainability
Rogozna Sustainability Zlatna Reka Resources - Strickland Metals’ 100%-owned Serbian subsidiary For personal use only 58 permanent employees = >100% increase over 12 months; • 60% from local communities. • 31% Female = >50% increase over 12 months. • 20% of workforce focused on community, environmen
Slide 11: Deposit Overview
For personal use only Deposit Overview 11
Slide 12: Gradina Deposit – High Grade, Gold-Dominant System
Gradina Deposit – High Grade, Gold-Dominant System 2025 Drilling Highlights1 • 702.5m @ 0.9g/t Au and 0.6% Zn from 274.1m incl. For personal use only 80.0m @ 2.3g/t Au from 632.8m (ZRSD25212). • 365.8m @ 1.5g/t Au and 0.9% Zn from 287.7m incl. 152.6m @ 2.1g/t Au and 1.9% Zn from 315.7m (ZRSD25220).
Slide 13: Gradina Deposit – Multiple High-Grade Gold Lodes
Gradina Deposit – Multiple High-Grade Gold Lodes Drill-defined over ~1km strike, open in all directions with maiden MRE targeted for late-2025. For personal use only Gradina cross section view looking north1 Gradina long section view looking SW1 13 1. Refer to ASX announcement 12 November 2025.
Slide 14: Shanac Deposit – 5.3Moz AuEq and Growing
Shanac Deposit – 5.3Moz AuEq and Growing 150Mt @ 1.1g/t AuEq for 5.30Moz AuEq JORC 2012 Inferred Resources1 For personal use only • Constrained by sub-level cave stopes @ $2,250/oz, 0.6g/t AuEq cutoff grade. • Includes 32Mt @ 1.8g/t AuEq for 1.85Moz AuEq (>1.2g/t AuEq cut-off grade). 2025 Drilling H
Slide 15: Shanac Deposit – 5.3Moz AuEq and Growing
Shanac Deposit – 5.3Moz AuEq and Growing For personal use only Shanac cross section view, looking north Shanac long section view, looking west 15
Slide 16: Copper Canyon Deposit – Outcropping Copper-Gold
Copper Canyon Deposit – Outcropping Copper-Gold 28Mt @ 0.9g/t AuEq for 0.81Moz Au Eq JORC 2012 Inferred Resources1 For personal use only • Constrained by open-pit shell @ $US 2000/oz, 0.4g/t AuEq cut-off, 2.2:1 strip ratio. • Upper zone of Cu-Au mineralisation up to 150m thick, 0.5g/t Au and 0.5% Cu
Slide 17: Medenovac Deposit – Structurally Controlled High Grade Core
Medenovac Deposit – Structurally Controlled High Grade Core 21Mt @ 1.9g/t AuEq for 1.28Moz AuEq JORC 2012 For personal use only Inferred Resources1 • 6,800 AuEq OPVM over 150m vertical extent. • Constrained by sub-level cave stopes @ $2,250/oz, 1.0g/t AuEq cutoff grade. • Mineralisation remains open
Slide 18: Kotlovi Prospect – An Emerging Discovery
Kotlovi Prospect – An Emerging Discovery Significant new discovery with scale potential just For personal use only 350m west of Medenovac. • 277.3m @ 1.3g/t AuEq from 337.4m (ZRSD25189)1, incl. • 163.0m @ 1.4g/t Au from 337.4m, incl. • 33.5m @ 2.9g/t Au from 339.4m, and • 2.0m @ 15.3g/t Au from 370.
Slide 19: Exploration Upside
Exploration Upside Skarn systems the scale of Rogozna often have a mineralised porphyry in proximity. For personal use only Porphyry-related alteration and mineralisation confirmed at Jezerska Reka1: • 493.0m @ 0.1g/t Au from 223.6m (ZRJD24002) Central Porphyry Target Area – covered by younger volca
Slide 20: Project Development
For personal use only Project Development 20
Slide 21: Key Deliverables for 2025/26
Key Deliverables for 2025/26 For personal use only 60,000m Resource and Discovery Drilling at Rogozna Late 2025 Q1 2026 Q1 2026 Q2 2026 Q2 2026 Q2 2026 Q2 2026 Q4 2026 Maiden Shanac PFS Drilling Resource Internal Discovery Porphyry Resource Gradina MRE Start Growth Scoping Drilling Exploration Updat
Slide 22: Team Development
Team Development Team Growth in 2025 For personal use only Continued build-out of the management team and key personnel in Serbia, with capabilities now spanning geology, resource development, mine design, environmental management, community engagement, legal, and government relations. The Stricklan
Slide 23: Strickland Metals - Primed for Growth
Strickland Metals - Primed for Growth Significant Scale 7.4Moz AuEq1 Rogozna Gold Rogozna Resource Growth1 For personal use only and Base Metals Project in Serbia. 9.0 Maiden MRE Medenovac for Gradina in 8.0 Shanac late CY2025 Clear Focus and exceptional leverage to 7.0 Copper Canyon further discove
Slide 24: Mineral Resource & Supporting Information
For personal use only Mineral Resource & Supporting Information 24
Slide 25: Appendix 1: Rogozna Inferred Mineral Resource Estimates
Appendix 1: Rogozna Inferred Mineral Resource Estimates Tonnes AuEq Au Cu Ag Pb Zn AuEq Au Cu Ag Pb Zn Prospect For personal use only (Mt) (g/t) (g/t) (%) (g/t) (%) (%) (Moz) (Moz) (kt) (Moz) (kt) (kt) Medenovac (February 21 1.9 0.77 0.27 6.3 0.11 1.54 1.28 0.52 57 4.3 23 320 2025)A Shanac (March 15
Slide 26: Appendix 2: Junior Listed ASX Gold Project Summary
Appendix 2: Junior Listed ASX Gold Project Summary Reported JORC 2012 Resource Gold Grade Copper Lead Grade Zinc Grade Silver Grade AuEq Grade Contained For personal use only Project Company Exchange Development Stage Tonnes (Mt) Source (g/t) Grade (%) (%) (%) (g/t) (g/t) AuEq (Moz) Estelle Nova Min
Slide 27: Appendix 3: ASX Gold Project Resources
Appendix 3: ASX Gold Project Resources Measured Indicated Inferred Total Gold Grade Contained Gold Grade Contained Gold Grade Contained Gold Grade Contained For personal use only Project Company Tonnes (Mt) Tonnes (Mt) Tonnes (Mt) Tonnes (Mt) (g/t) Gold (Moz) (g/t) Gold (Moz) (g/t) Gold (Moz) (g/t)
Slide 28: Appendix 4: Junior Listed TSX Gold Project Summary
Appendix 4: Junior Listed TSX Gold Project Summary Reported Mineral Resource Copper Lead Zinc Contained Gold Silver Grade AuEq Grade For personal use only Project Company Exchange Development Stage Tonnes (Mt) Grade Grade Grade AuEq Source Grade (g/t) (g/t) (g/t) (%) (%) (%) (Moz) Titiribi GoldMinin
Slide 29: Appendix 5: TSX Gold Project Resources
Appendix 5: TSX Gold Project Resources Measured Indicated Inferred Total Gold Grade Contained Gold Grade Contained Gold Grade Contained Gold Grade Contained For personal use only Project Company Tonnes (Mt) Tonnes (Mt) Tonnes (Mt) Tonnes (Mt) (g/t) Gold (Moz) (g/t) Gold (Moz) (g/t) Gold (Moz) (g/t)
Slide 30: Appendix 6: 2025 Rogozna Bulk Tonnage Intercepts
Appendix 6: 2025 Rogozna Bulk Tonnage Intercepts Hole_ID From (m) To (m) Thickness (m) AuEq (g/t)* GxM ASX Announcement Date Hole_ID From (m) To (m) Thickness (m) AuEq (g/t)* GxM ASX Announcement Date For personal use only ZRSD25214 4.8 196.0 191.2 1.4 267.7 8 October 2025 ZRSD25189 337.4 614.7 277.
Slide 31: Appendix 7: 2025 Rogozna High Grade Intercepts
Appendix 7: 2025 Rogozna High Grade Intercepts Hole_ID From (m) To (m) Thickness (m) AuEq (g/t)* GxM ASX Announcement Date Hole_ID From (m) To (m) Thickness (m) AuEq (g/t)* GxM ASX Announcement Date For personal use only ZRSD25214 97.9 123.8 25.9 3.3 85.5 8 October 2025 ZRSD25188 549 555 6 2.7 16.2
Slide 32: Appendix 7: 2025 Rogozna High Grade Intercepts (Cont.)
Appendix 7: 2025 Rogozna High Grade Intercepts (Cont.) Hole_ID From (m) To (m) Thickness (m) AuEq (g/t)* GxM ASX Announcement Date Hole_ID From (m) To (m) Thickness (m) AuEq (g/t)* GxM ASX Announcement Date For personal use only ZRSD25210 203.5 225.5 22.0 2.5 55.0 13 October 2025 ZRSD25179A 397.7 41
Slide 33: Gold Equivalent Calculations
Gold Equivalent Calculations Gold Equivalent Calculations (Rogozna Project) Gold Equivalent calculations for exploration results withing this presentation are based on the following metal prices; For personal use only For Shanac, Medenovac and Kotlovi (US$2,250/oz), copper (US$10,000/t), silver (US$
Slide 34: Paul L’Herpiniere, Managing Director
For personal use only Paul L’Herpiniere, Managing Director info@stricklandmetals.com.au +61 8 6317 9875
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