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Strickland Metals Limited (STK) Earnings Call Presentation
2025-08-26 04:00

Project Overview - Strickland Metals' Rogozna project in Serbia holds an Inferred Resource of 7.4 million ounces of gold equivalent (AuEq)[12, 59] - The company has a clear focus on further discoveries and resource growth within a strong gold price environment[60] Capital Structure and Funding - The company's market capitalization is A$317 million[10] - The company has A$32.7 million in cash and Northern Star shares to fund its growth program[10, 60] - Top 20 shareholders hold 53% of the company[10] - Board and Management hold 4.6% of the company[10] Exploration and Drilling Program - The company plans to drill 50,000 meters, with approximately 24,000 meters completed to date[20, 49] - Drilling is focused on extending and infilling the Gradina deposit, growing the Shanac deposit, and scoping the potential of the Kotlovi discovery[20] - The company is also testing the porphyry copper-gold potential at Jezerska Reka and Obradov Potok[20] Resource Estimates and Discoveries - The Shanac deposit has an Inferred Resource of 5.3 million ounces of AuEq[21, 26, 65] - The Medenovac deposit has a maiden Inferred Resource of 1.28 million ounces of AuEq[48, 65] - The Kotlovi prospect is an emerging discovery with significant scale potential[36, 40] Sustainability - Zlatna Reka Resources, Strickland Metals' Serbian subsidiary, has increased permanent employees by over 100% in 12 months[52] - 60% of the workforce is from local communities, and 31% are female, representing a >50% increase in female employees over 12 months[56]