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Strickland Metals Limited (ASX:STK) Earnings Call Presentation
2025-09-08 22:00

Project Overview - Strickland Metals' Rogozna project in Serbia is a significant gold and base metals project with an estimated 7.4Moz AuEq inferred resource [9, 19, 64] - The company has a solid financial foundation with a market capitalization of A$328M (US$216M) and cash reserves of A$52.2M (US$34.4M) to support its growth program [9, 13, 64] - A 50,000m diamond drilling program is underway, focused on resource expansion and new discoveries [9, 19, 21] Resource Estimates - The Shanac deposit contains 150Mt @ 1.1g/t AuEq for 5.30Moz AuEq JORC 2012 inferred resources [24, 29] - This includes a higher-grade zone of 32Mt @ 1.8g/t AuEq for 1.85Moz AuEq (using a >1.2g/t AuEq cut-off grade) [24, 32] - The Medenovac deposit holds 21Mt @ 1.9g/t AuEq for 1.28Moz AuEq JORC 2012 inferred resources [40] - The Copper Canyon deposit contains 28Mt @ 0.9g/t AuEq for 0.81Moz AuEq JORC 2012 inferred resources [48] Exploration Highlights - Drilling at Shanac has revealed a new high-grade copper-gold zone [24, 29] - Significant drill intercepts at Shanac include 309.3m @ 1.2g/t AuEq from 264.3m, including 61.8m @ 2.4g/t AuEq from 505.2m [28, 32] - At Gradina, drilling highlights include 62.7m @ 3.5g/t Au from 386.0m, including 27.8m @ 6.3g/t Au from 388.0m [37] - The Kotlovi prospect, a new discovery, shows potential scale with intercepts like 277.3m @ 1.3g/t AuEq from 337.4m [45, 47] Shareholder Structure - Top 20 shareholders hold 53% of the company [13] - Board and management hold 4.6% of the company [13]