Lancaster Resources Inc · CSE:LCR
Lancaster Resources — Investor Presentation (December 2025)
22 slides from Lancaster Resources's investor presentation, Dec 4, 2025
Slide 1: Supplying the Precious & Critical Minerals for a New Economy
SUPPLYING THE PRECIOUS & CRITICAL MINERALS FOR A NEW ECONOMY . December 2025 CSE: LCR | OTC: LANRF | FRA: 6UF0 lancaster-resources.com
Slide 2: Management Team
Management Team Andrew Watson, P.Eng. Penny White, BA, LLB CEO & President Director Andrew has 21 years of rich corporate leadership, corporate strategy, and technical experience in gold, Penny is an accomplished business leader with over two decades of experience in the capital markets lithium, pol
Slide 3: Gold in Australia
Gold in Australia Holding the largest global share of gold reserves, 21%1 equal to ~380 million ounces2, Australia has a significant role in meeting future world demand. With global economic uncertainty, gold is the commodity to own JURISDICTION GLOBAL SUPPLIER Stable government, supportive The worl
Slide 4: Significant Upside: Lake Cargelligo Gold Project
Significant Upside Lake Cargelligo Gold Project LOCATION & OVERVIEW Lake Cargelligo offers major exploration opportunities in the Cobar Mining District of New South Wales. PROJECT OWNERSHIP & TENURE ~62,168ha of gold claims, 100% owned by Lancaster • EL 9775: ~28,768ha (License) • ELA 6970: ~33,400h
Slide 5: Lake Cargelligo Gold Project
Lake Cargelligo Gold Project PROPERTY: Lake Cargelligo: 62,168ha • EL 9775: ~28,768ha (License) • ELA 6970: ~33,400ha (License Application to NSW State) • 100% Lancaster UPSIDE ATTRIBUTES: • Large Land position in sought after active mining area • Proximal to existing gold mines • 1.66Moz-Au Tomingl
Slide 6: Technical Overview
Technical Overview Lake Cargelligo Gold Project Geochemical Data Geophysics Data Up to 204g/T-Au and 273g/T-Ag No modern magnetics, IP, or VTEM in historical sampling program1 work completed over project area Proximity to mines or known deposits is not necessarily indicative of the mineralization po
Slide 7: Geology Overview
Geology Overview LAKE CARGELLIGO GOLD PROJECT FORT KNOX LAKE CARGELLIGO Host to the largest operating gold mine in Large scale, structural faulting along granite sedimentary contact (~25km strike length) with Alaska, started in 1995 widespread Au-Te-Bi-As-Mo-Sb anomalies • Gold concentrations in the
Slide 8: Geology
Geology LAKE CARGELLIGO GOLD PROJECT • Sedimentary lithology intruded by Silurian granodiorite and S-type Ungarie Granite • Exploration focus on ~18km contact zone between Ungarie granite and sedimentary rocks in southern half of mineral claim (Eastern Contact Zone) • 8 identified targets for explor
Slide 9: Geology Dual Upside Model
Geology Dual Upside Model LAKE CARGELLIGO GOLD PROJECT Hybrid orogenic-IRGS exploration model proposed where an older, auriferous orogenic lode system may have been overprinted by metal-endowed, intrusion related hydrothermal fluids Large tonnage, bulk mineable IRGS mineralization remains untested •
Slide 10: Geophysics
Geophysics LAKE CARGELLIGO GOLD PROJECT Regional residual gravity mapping indicates the Central Lachlan Fold Belt granites is underlain by large gravity lows suggesting deep seated granite batholithic roots Regional gravity gradients strike north/northwest Secondary northeast/northwest structural or
Slide 11: Magnetic Trends
Magnetic Trends LAKE CARGELLIGO GOLD PROJECT Magnetics indicates strike extensions to the Josephine Moulder Fault and potential repeat structures undercover as well as numerous magnetic anomalies prospective for large-scale IRGS mineralization. lancaster-resources.com CSE: LCR | OTC: LANRF | FRA: 6U
Slide 12: Geochemistry
Geochemistry LAKE CARGELLIGO GOLD PROJECT Rock chip sampling shows excellent gold and silver grades 204g/t Au + 273g/t Ag (grab) 104g/t Au + 100g/t Ag (grab) 68.4g/t Au + 55.80g/t Ag (grab) Significant amount of historical surface soil and auger sampling done Peak results 2.26g/T-Au, 2.25g/T-Ag, 11p
Slide 13: Geochemistry
Geochemistry LAKE CARGELLIGO GOLD PROJECT Pathfinder response, along geological contact, indicates strong support for IRGS type mineralization Very few geochemical anomalies tested with drilling, restricted to outcrop areas Limited Drilling results show wide zones of IRGS mineralization • High grade
Slide 14: Geochemistry
Geochemistry LAKE CARGELLIGO GOLD PROJECT Pathfinder response, along geological contact, indicates strong support for IRGS type mineralization LC003 (Josephine Moulder) Rock chip sampling from 2025 site visit for 43-101 6.06 g/t Au + 10.80 g/t Ag from Josephine Moulder (mix of quartz gossan after se
Slide 15: Exploration Program
Exploration Program LAKE CARGELLIGO GOLD PROJECT 2025 Josephine Moulder Area (JM, JM North, and Mount Wilga) • Acquire and reprocess historical geophysics • Detailed magnetics, IP, or VTEM Geophysics • Field geochemical and geology program • New 43-101 Tech Report 2026 Josephine Moulder Area • Targe
Slide 16: Exploration Program
Exploration Program LAKE CARGELLIGO GOLD PROJECT Western Contact Zone Field geochemical and geology program Avoca and North Quarry Field geochemical and geology program Northwest Structural Zone Field geochemical and geology program lancaster-resources.com CSE: LCR | OTC: LANRF | FRA: 6UF0
Slide 17: Exploration Timeline
Exploration Timeline LAKE CARGELLIGO GOLD PROJECT lancaster-resources.com CSE: LCR | OTC: LANRF | FRA: 6UF0 17
Slide 18: Lac Iris Polymetallic
Lac Iris Polymetallic PROPERTY EXPLORATION PLAN Winter 2025/2026 • Field exploration program to gather field soil and rock samples • Aerial geophysics program lancaster-resources.com CSE: LCR | OTC: LANRF | FRA: 6UF0 18
Slide 19: Lac Iris Polymetallic: Geochemical & Geology
Geochemical & Geology Lac Iris Polymetallic Nearby Discoveries Tier 1 Mining Jurisdiction Quebec Ranked #5 Globally for World Class Potential mining investment attractiveness OVERVIEW Significant nickel, copper, lithium, Significant mining in the James and REE critical mineral showings Bay Area for
Slide 20: Trans-Taiga Lithium Pegmatite Property
Trans-Taiga Lithium Pegmatite Property Claim for 100% Nearby Exploration Under Explored Property Optioned in Significant Discoveries Geology June 2023 on nearby properties 100% Option agreement Patriot Battery Metals Corvette is Pegmatites confirmed on lease ~120km east of Trans-Taiga (up through hi
Slide 21: Disclaimer
Disclaimer WARNING FORWARD LOOKING INFORMATION This management presentation was prepared as a summary overview only of Certain statements in this presentation constitute “forward-looking the current affairs of Lancaster Resources Inc. (the “Company” and “Lancaster statements” within the meaning of t
Slide 22: Supplying the Precious & Critical Minerals for a New Economy
SUPPLYING THE PRECIOUS & CRITICAL MINERALS FOR A NEW ECONOMY ANDREW WATSON. PRESIDENT & CEO +1 (604) 923 6100 andrew@lancaster-resources.com lancaster-resources.com CSE: LCR | OTC: LANRF | FRA: 6UF0
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