CSE: LCR

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OTC: LANRF

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FRA: 6UFO

CSE: LCR

|

OTC: LANRF

|

FRA: 6UFO

Highlights

Holding the largest global share of gold reserves, 21%(1) equal to ~380 million ounces (2), Australia has a significant role in meeting future world demand.

Global Supplier

Australia is the world’s second-largest producer of gold, accounting for roughly 13.8 million ounces-Au yearly.

Underexplored

New South Wales is 2nd largest gold producer in Australia, yet large areas have seen minimal use of modern geophysics and exploration techniques.

Drill Ready Project

Rapid Drill Exploration by Q3 2025 at our Lake Cargelligo Gold Project. 

Jurisdiction

Stable, supportive government and communities, skilled workforce and established infrastructure. Straightforward permitting.

Top Tier

Targeting large-scale, bulk minable mineralization lying under shallow cover within a premier Australia gold district.

KorrAI Technology

KorrAI’s innovative satellite and AI technology, will enhance the efficiency and accuracy of mineral exploration.

Management Team

President and CEO, Director

Andrew Watson, P.ENG

Chief Financial Officer & Corporate Secretary

Rick Huang, BA, CGA, MBA

Australia Exploration Manager

Rob Heaslop

VP, Exploration & QP

Ross Brown, BA, CGA, MBA

Board of Directors

President and CEO, Director

Andrew Watson, P.ENG

Director

Penny White, BA, LLB

Director

Vincent Chen, CPA

Advisory Board

Advisory Board

Greg Foofat

Advisory Board

Paola Rojas

Technical Team

Exploration Consultant

Rodney Blakestad, J.D., C.P.G.

QP & Advisory Board

Bill Feyerabend, C.P.G.

Australia Exploration Manager

Rob Heaslop

VP, Exploration & QP

Ross Brown, BA, CGA, MBA

President and CEO, Director

Andrew Watson, P.ENG

Andrew Watson has 21 years of rich technical leadership, operations, corporate strategy, and commercialization experience in lithium, hydrogen, and conventional oil and gas production. 

His experience includes working as COO of  Prism Diversified, to lead the technical development on two substantial battery metal critical mineral opportunities and spearheading the Lithium brine development opportunities on over 850 square miles of highly prospective brine resource.  Additionally, Mr. Watson is leading engineering and economic studies for a surface ore body with a focus on recovery technologies that minimize environmental impact.

He has  acted as VP Engineering & Operations at CleanInnoGen Energy, where he led the development of the world’s first-of-a-kind pilot project to capture industrial waste heat to produce on-site, low-cost, near-zero emission hydrogen and oxygen. Prior to this, he was the VP Engineering & Operations at Hyak Energy, where he managed the operations of a 60MM bbl medium crude oil field in SW Saskatchewan, using an Alkali-Surfactant-Polymer chemical enhanced oil recovery scheme, increased production by over 250%, and spearheaded corporate sale leading to a successful divestment in January 2020.

Chief Financial Officer & Corporate Secretary

Rick Huang, BA, CGA, MBA

Rick Huang has been the CFO of Lancaster Resources for 2 years. He has over 15 years’ experience as a director and officer in public companies. Between 2012 and 2014, he chaired the compensation and corporate governance committee for Great Northern Gold Exploration Corporation.

For 11 years, from 2007 to 2018, he was the CFO of Hanwei Energy Services Corp. (TSX: HE), managing its finance, banking, and compliance departments. He has overseen accounting for subsidiaries in Canada, China, and Kazakhstan. His roles have encompassed investor relations, AGM preparations, and international joint venture negotiations. His experience also spans roles at companies like Pepsi Bottling Group (Canada) and Coca-Cola China.

Mr. Huang has been involved with Datable Technology Corp. (TSXV: TTM) since May 2015 and previously with Poydras Gaming Finance Corp. (TSXV: PYD). He’s been a designated CPA, CGA since 2005 and has an MBA from the University of Western Ontario, 2001.

Australia Exploration Manager

Rob Heaslop

An Exploration Geologist with 20 years experience in project generation and early-stage exploration for large-scale precious metal mineral systems. Rob has held senior management positions with major and junior listed and private companies exploring in Australia, Guinea, Mozambique, and Tanzania. Rob has explored for epithermal, orogenic, and intrusion-related gold, porphyry coppergold, Broken Hill-type lead-zinc-silver, iron oxide and iron sulphide copper-gold, magnetite-hosted vanadiumtitanium, and nickel-copper-PGM. Rob is a Founding Director of private exploration companies: MRG Resources Pty Ltd, Liberation Resources Pty Ltd, Orogen Metals Pty Ltd, Sunbird Resources Pty Ltd, and Bougainville Gold Pty Ltd. Rob is a member of AusIMM, MAIG, and SEG.

VP, Exploration & QP

Ross Brown, BA, CGA, MBA

Ross Brown has 40+ years’ experience in mineral exploration since graduation in 1984. Ross has worked in different terrains and outcrop conditions in Australia, Asia, Africa and South America. Experiences in a broad range of commodities, including precious metals (gold, silver, PGE’s), base metals (copper, nickel, lead, zinc), battery/green metals (lithium, graphite, vanadium), uranium, and diamonds Ross has led as managing director for two listed junior explorers, and founded/co-founded numerous exploration companies that have been bought by listed exploration companies or achieved listing status in their own right. Ross is a member of AusIMM since 1988

DIRECTOR

Penny White, BA, LLB

Penny White is a seasoned business executive with over 20 years of experience in the capital markets, corporate finance, and venture development. As a Director of Lancaster Resources Inc., she contributes deep industry knowledge and strategic insight to support the company’s growth and governance.

Penny has a diverse background, with experience in sectors such as mining, pharmaceuticals, and clean energy. She was an initial officer and director of a pharmaceutical company that was later acquired for $342 million, and was the Chairman of Highbury Energy for 10 years, overseeing the development of the company’s gasification technology and registration of a patent to create high-grade synthetic gas from biomass. She has been recognized in PROFIT Magazine’s W100 list of top entrepreneurs and has raised over $50 million for companies she has founded.

In addition to her Law Degree, Penny has completed the Oxford Leading Sustainable Corporations Programme and the Oxford Climate Emergency Programme from Saïd Business School, University of Oxford. She is deeply committed to fighting climate change and working towards a more sustainable future. She believes that by taking care of our planet, we can create a better world for ourselves and future generations.

DIRECTOR

Vincent Chen, CPA

Vincent brings a wealth of expertise and a robust background in accounting
and corporate development within the mining sector. He began his distinguished career at PricewaterhouseCoopers in the mining assurance team
in Toronto, where he earned his Chartered Professional Accountant designation. Following his tenure at PricewaterhouseCoopers, Vincent joined Yamana Gold Inc. (now Pan American Silver), serving as a Senior Analyst on the corporate reporting team.

Most recently, Vincent held the position of Senior Associate of Corporate Development and Investor Relations at Forbes & Manhattan, a prominent family office and merchant bank focused on the global mining and resource sector. He has continued to shape the industry landscape through his current role as a strategic consultant for various junior mining companies, including
Emerita Resources Corp., Halcones Precious Metals Corp., and Lithium Ionic
Corp.

Vincent is a proud alumnus of the Beedie School of Business at Simon Fraser University, where he graduated with Honours in Accounting.

Advisory Board

Greg Foofat

Greg Foofat brings over 20 years of robust experience in Investor Relations, Corporate Communications, Capital Markets, Corporate Governance, and Corporate Strategy. Greg has contributed to transactions exceeding $24 billion in M&A and A&D, as well as approximately $5 billion in equity and debt financing. His analytical prowess contributed to a two-person team being ranked #1 in idea generation and #3 in overall small and mid-cap oil and gas equity research by Brendan Wood International in 2010. Greg is an invaluable addition to our advisory board, bringing a wealth of knowledge and strategic insight.

Advisory Board

Paola Rojas

As a principal at Synergy Resource Capital, she has spearheaded numerous successful initiatives, overseeing more than USD $80 million in mergers, acquisitions, and capital raising efforts with a strong focus on lithium, copper and precious metals. Her expertise in cross-border deal design, financial analysis, and investor relations will be invaluable to Lancaster as it continues to expand its project portfolio.

Synergy Resource Capital, founded in 2014 and based in Sydney, operates globally, focusing on early-stage resource and technology opportunities. The firm combines capital, ideas, and partnerships to unlock value, benefiting from Paola’s leadership in navigating complex market dynamics and leveraging her extensive network across the Americas as well as on social media.

Exploration Consultant

Rodney Blakestad, J.D., C.P.G.

Rodney Blakestad is a highly experienced consulting geologist with a successful career spanning over 40 years.  Throughout his career, Rodney has been involved in the discovery of numerous commercial-grade deposits, including the bulk-tonnage potential of the largest operating gold mine in Alaska (Fort Knox, now at 10M ounces), the first leached-cap porphyry systems discovered in Alaska (Taurus-Bluff and others), Cerro Caliche bulk-tonnage gold discovery near Cucurpe, Sonora, Mexico, the Anderson Mountain and Red Mountain VMS deposits in the Alaska range, USA, and numerous volcanogenic massive sulfide deposits (VMS) in the Delta District, Alaska, USA. He has also discovered several gold placers in Alaska, USA.

In addition to his geological expertise, Rodney has a Juris Doctor from the University of Denver Law School, where he studied natural resources and environmental law. This background has led him to focus on brine lithium deposits that can be processed with minimal surface degradation, water consumption, and use alternatives to fossil fuels for the entire recovery process.

Rodney is a Certified Professional Geologist with the American Institute of Professional Geologists and a registered Professional Geologist in the State of Alaska.  He has also been a Board of Director and/or Vice President of Exploration for several publicly traded companies.

QP & Advisory Board

Bill Feyerabend, C.P.G.

Mr. Feyerabend is experienced with the exploration and development of lithium projects across the American West, Mexico and South America. He has authored technical reports for claim blocks in Nevada’s Lithium development epicentre, including the Clayton and Fish Lake Valleys. His expertise in lithium exploration began in 2015, with a specific focus on Esmeralda County, NV and especially Clayton Valley. Notably, Mr. Feyerabend sat the discovery well for Pure Energy.

He has extensive experience in generating lithium brine targets, and serving as a Qualified Person for lithium projects in Nevada, California, Utah, and Argentina. He has had roles with major companies such as US Borax and Gold Fields Mining and played a part in the discovery and development of four significant mineral projects.

His international exposure is equally extensive, having worked on projects in Argentina, Bolivia, Chile, China, Colombia, Ghana, Guyana, Mexico, Peru, Saudi Arabia, United States, and Venezuela. He has worked at every level, from property examination and regional planning to discovery and development, and continued exploration on producing properties. He has written more than 35 technical reports in 43-101 format for properties across six countries on four continents.

Australia Exploration Manager

Rob Heaslop

An Exploration Geologist with 20 years experience in project generation and early-stage exploration for large-scale precious metal mineral systems. Rob has held senior management positions with major and junior listed and private companies exploring in Australia, Guinea, Mozambique, and Tanzania. Rob has explored for epithermal, orogenic, and intrusion-related gold, porphyry coppergold, Broken Hill-type lead-zinc-silver, iron oxide and iron sulphide copper-gold, magnetite-hosted vanadiumtitanium, and nickel-copper-PGM. Rob is a Founding Director of private exploration companies: MRG Resources Pty Ltd, Liberation Resources Pty Ltd, Orogen Metals Pty Ltd, Sunbird Resources Pty Ltd, and Bougainville Gold Pty Ltd. Rob is a member of AusIMM, MAIG, and SEG.

VP, Exploration & QP

Ross Brown, BA, CGA, MBA

Ross Brown has 40+ years’ experience in mineral exploration since graduation in 1984. Ross has worked in different terrains and outcrop conditions in Australia, Asia, Africa and South America. Experiences in a broad range of commodities, including precious metals (gold, silver, PGE’s), base metals (copper, nickel, lead, zinc), battery/green metals (lithium, graphite, vanadium), uranium, and diamonds Ross has led as managing director for two listed junior explorers, and founded/co-founded numerous exploration companies that have been bought by listed exploration companies or achieved listing status in their own right. Ross is a member of AusIMM since 1988

Investor Presentation

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