Projects That
Created Real
Returns

The Barroso Lithium Project in northern Portugal represents one of Slipstream's most significant outcomes. The project was identified and acquired by the Slipstream team based on an assessment of the regional geology and recognising that Europe would require a reliable upstream supply of battery-grade lithium.

Following acquisition, the project was vended to Savannah Resources, where Dale Ferguson served as both Technical Director and Managing Director, leading the exploration and resource definition programs, as well as successfully leading the company through the Portuguese Government's stringent regulatory requirements, that have resulted in Barroso becoming Europe's largest spodumene lithium resource.

Barroso is now in the advanced development stage, with a Definitive Feasibility Study due to be completed in 2026, with first production scheduled for 2028. The project is positioned as a strategic European source of battery-grade lithium for EV supply chains.

The Bynoe Lithium Project was created by Slipstream and subsequently sold to Kingston Resources. Slipstream then raised $6m to accompany its project being vended to Kingston, a listed shell, refreshing Kingston's board and management team in that process.

The project was explored by Kingston then subsequently sold to ASX Lithium Plus, whereupon that company drilled a 4mt resource @ 1.43% Li₂O — a significant hard-rock lithium discovery in the NT/WA region.

Slipstream and its investor network remained active and supportive shareholders of Kingston as it pivoted to focus on becoming a gold explorer acquiring, developing and selling the Misima project in PNG and more recently on becoming a gold producer in NSW at Mineral Hill.

Slipstream identified and vended a lithium exploration project in Western Australia's Pilbara region to Dakota Minerals, an ASX shell company which raised $4m to support the acquisition. In six months Dakota drilled a JORC resource, which saw a rapid share price increase returning investors who supported Slipstream's vend 8-10X.

The returns achieved demonstrate the value that can be created through early identification of geological targets in emerging mineral districts — particularly in lithium, where the Pilbara has emerged as one of Australia's most significant pegmatite provinces.

•    Slipstream triggered and won a Cantabrian (Northern Spain) government tender acquiring a high-grade zinc brownfield project and significant additional zinc exploration ground (6-9%Zn). Slipstream added a second brownfield zinc project near Toledo in Spain. Both projects were vended into Variscan Mines (ASX: VAR) accompanied by a $4m raise. Subsequent drilling defined a maiden JORC compliant Mineral Resource Estimate of 3.4Mt @ 7.6% Zn, 0.9 %Pb released in December 2024. Recent drilling results in 2025 include 15.3m @ 17.42% Zn, 4.40% Pb. Slipstream and its investor network remain active and supportive shareholders.