External broker reports(aggregated public sources), Canaccord Genuity

Canaccord Genuity

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External broker reports(aggregated public sources)

Equity Bottom-Up

<ul><li>Strickland Metals (STK-ASX) has published a maiden resource for the Medenovac deposit totalling 21Mt @ 0.77g/t Au, 0.27% Cu, 1.54% Zn, 0.11% Pb &amp; 4.3g/t Ag for a reported in-situ metal equivalent of 1.28Moz AuEq (1.1Moz AuEq at spot) and lifts the overall Rogozna Gold &amp; Base Metals Project resource by 23% to 179Mt @ 1.2g/t AuEq for 6.69Moz AuEq (5.5Moz AuEq at spot). This equates to an in-ground value split of 64% gold, 16% Cu, 12% Zn, 8% Pb+Ag at spot prices.</li><li>The resource and more... The 21Mt skarn-hosted Medenovac resource comprises 520koz Au, 57kt Cu and 320kt Zn and has been constrained by sublevel cave (SLC) stopes at a 1g/t AuEq cut-off and US$2,250/oz gold price.</li><li>At spot, in ground value for Medenovac is broken up into 48% Au, 29% Zn, 17% Cu, 5% Pb+Ag. </li></ul><p><em>Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.</em></p>

Strickland Metals (STK-ASX) has published a maiden resource for the Medenovac deposit totalling 21Mt @ 0.77g/t Au, 0.27% Cu, 1.54% Zn, 0.11% Pb &amp; 4.3g/t Ag for a reported in-situ metal equivalent of 1.28Moz AuEq (1.1Moz AuEq at spot) and lifts the overall Rogozna Gold &amp; Base Metals Project resource by 23% to 179Mt @ 1.2g/t AuEq for 6.69Moz AuEq (5.5Moz AuEq at spot). This equates to an in-ground value split of 64% gold, 16% Cu, 12% Zn, 8% Pb+Ag at spot prices.The resource and more... The 21Mt skarn-hosted Medenovac resource comprises 520koz Au, 57kt Cu and 320kt Zn and has been constrained by sublevel cave (SLC) stopes at a 1g/t AuEq cut-off and US$2,250/oz gold price.At spot, in ground value for Medenovac is broken up into 48% Au, 29% Zn, 17% Cu, 5% Pb+Ag. Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.

Strickland Metals Limited - Medenovac Lifts Project Resource to ~6.7Moz AuEq