Daily Metals Mining Rundown for 27 Mar 2025 (after-market ASX/pre-market TSX)

Today’s metal price movements (over past ~18 hrs) and mining company peer group movers through ASX trading (including yesterday’s TSX movements) include:

Today’s top and bottom 40 performing metals mining company stocks (of 455 in our Peer Table) through ASX trading and including yesterday’s TSX movements include:

Coverage of metals mining company announcements affecting today’s intraday ASX Peer Table (resource updates, economic studies, changes in attributable project ownership) include:

• 27 Mar 2025 - Gold (polymetallic) explorer Strickland Metals (ASX:STK) announced a resource expansion for its flagship Rogozna gold-polymetallic project in Serbia, which is made up of three deposits (Shanac, Medenovac, and Copper Canyon, as shown in map below). The company reports that this update increased Shanac’s contained gold-equivalent inferred resources by 15% (the other two deposits remain the same), for total combined Rogozna project (inferred) resources of 7.4 Moz AuEq grading 1.2 g/t AuEq (which is a lower range grade for underground deposits globally, but can be increased using higher cut-off grades as shown in chart below). Total project resoruces have now grown by ~2Moz AuEq since only acquiring the property in July 2024. At our estimated 3-month trailing average metal prices, this increase grew the combined project resources (all 3 deposits combined) by 17% to 6.60 Moz AuEq (60% Au, rest Cu-Zn-Pb-Ag) from 5.66 Moz AuEq. STK stock gained 4% through ASX trading Thursday, to a market cap/oz resource of US$17/oz AuEq - still a 15% short of our gold explorer peer group median market cap/oz resource of US$20/oz AuEq, as shown in Peer Table below.

Disclaimer: Provided for informational and educational purposes, and is not intended as investment advice. For full disclosures, visit www.hostrockcapital.com/disclosures.