Legacy Iron Ore Ltd · ASX:LCY
Legacy Iron Ore — Investor Presentation (March 2010)
36 slides from Legacy Iron Ore's investor presentation, Mar 17, 2010
Slide 1: March 2010 Company Update
For personal use only PERTH WESTERN AUSTRALIA March 2010 Company Update
Slide 2: Forward Looking Statement
Forward Looking Statement IRON ORE LIMITED For personal use only 2 This document or presentation may include forward-looking statements. Forward-looking statements include, but are not limited to, statements concerning Legacy Iron Ore Limited‟s planned exploration program and other statements that a
Slide 3: Capital & Management: Capital Structure
Capital & Management IRON ORE LIMITED For personal use only 3 Capital Structure ASX Code LCY, LCYO, LCYOA, LCYOB Commenced Trading 8 July 2008 IPO Raising $4.1m Currently on Issue Issued Shares 155,102,280 Issued Options 26,931,119 Share Price $0.145 Market Capitalisation $23,885,751 (at 15 March 20
Slide 4: Capital & Management: Board
Capital & Management IRON ORE LIMITED For personal use only 4 Board Mr Timothy Turner Non Executive Chairman Ms Sharon Heng Executive Director, Chief Executive Officer Mr Hunt Han Non Executive Director Mr Ivan Wu Company Secretary, General Manager
Slide 5: Executive Summary
Executive Summary IRON ORE LIMITED For personal use only 5 Legacy Iron Ore Limited Perth based listed exploration company Exploration and development focus on iron ore and gold projects Team Dynamic and experienced team with extensive background in capital raising, mining exploration, proj
Slide 6: Executive Summary
Executive Summary IRON ORE LIMITED For personal use only 6 A diversified Australian exploration company exploration focus on iron ore and gold Tenure highly prospective for iron mineralisation in the Pilbara and Hamersley Iron province of Western Australia Gold portfolio of significant areal e
Slide 7: Legacy Project Locations
Legacy Project Locations IRON ORE LIMITED For personal use only 7 Iron Ore Projects Robertson Range Hamersley Gold Projects South Laverton East Kimberley
Slide 8: Iron Ore Projects
Iron Ore Projects IRON ORE LIMITED For personal use only 8 Close to significant iron ore and manganese resources Both projects located within 60km of existing railway infrastructure Mineralisation already defined on tenement packages Targets identified for follow up field reconnaissance
Slide 9: Robertson Range
Robertson Range Project IRON ORE LIMITED For personal use only 9 Three exploration licence applications in the eastern Pilbara region, covering an area of 798.6km2 FerrAus Ltd have defined 166.6Mt at 58.6% Fe* at Davidson Creek and Robertson Range Hannan‟s Reward Ltd have significant drill int
Slide 10: Robertson Range
Robertson Range Project IRON ORE LIMITED For personal use only 10 Ratio data from LandSat and high resolution satellite imagery has identified; fourteen iron ore targets four manganese targets four fault controlled alteration targets Reconnaissance sampling in March 2009 has returned resul
Slide 11: Robertson Range
Robertson Range Project IRON ORE LIMITED For personal use only 11 The Jimjim prospects form topographic highs, with vertical relief of 5m to 15m above the surrounding plains Ten of the fourteen iron targets have been field checked Highly prospective for mineralisation under cover Additional
Slide 12: Robertson Range
Robertson Range Project IRON ORE LIMITED For personal use only 12 Above: Massive goethite at Jimjim I Above: Rock chip sampling at Jimjim I
Slide 13: Hamersley
Hamersley Project IRON ORE LIMITED For personal use only 13 Located within 60km of regional railway infrastructure Two granted exploration licences, 50km west of Tom Price and covering an area of 52.3km2 Surrounds part of the Beasley River Channel Iron Deposit (“CID”) ~ 400Mt at 56.6% Fe* * Th
Slide 14: Hamersley
Hamersley Project IRON ORE LIMITED For personal use only 14 Targeting CIDs in tributaries into the Beasley River CID (dark pink) under colluvium (yellow) Ten iron ore targets, both outcropping and, under shallow soil and colluvial cover identified on Quickbird satellite imagery Above: Geological
Slide 15: Hamersley
Hamersley Project IRON ORE LIMITED For personal use only 15 Above: Quickbird Satellite Imagery showing „high iron‟ targets in purple, central Beasley River CID deposit and Beasley River East Prospect on an eastern tributary to Beasley River
Slide 16: Hamersley
Hamersley Project IRON ORE LIMITED For personal use only 16 First helicopter reconnaissance discovers high grade CID mineralisation at Beasley River East prospect 15 samples average over outcropping 300m strike length: 54.7% Fe or 61.1% CaFe Low silica-alumina and phosphorus Potential for
Slide 17: Hamersley
Hamersley Project IRON ORE LIMITED For personal use only 17 Above: Beasley River East prospect (view to south) Hamersley Iron Beasley River CID to far right
Slide 18: Hamersley
Hamersley Project IRON ORE LIMITED For personal use only 18 Above: Beasley River East prospect – CID mineralisation
Slide 19: Gold Projects
Gold Projects IRON ORE LIMITED For personal use only 19 Legacy has two key regions of interest within the gold portfolio: the South Laverton and East Kimberley regions Mineral Resource inventory of 90,900oz* Both projects in mineralised corridors with a long history of discovery and production
Slide 20: South Laverton
South Laverton IRON ORE LIMITED For personal use only 20 Located 120km to 180km north- east of Kalgoorlie In the Norseman-Wiluna greenstone belt, Eastern Goldfields of Western Australia
Slide 21: South Laverton
South Laverton IRON ORE LIMITED For personal use only 21 The South Laverton project covers approximately 613km2 of granted and pending exploration tenure in total (80% to 100% equity) The project is surrounded by a number of major gold mines, deposits and resources including: Safari Bore, Porphy
Slide 22: South Laverton
South Laverton IRON ORE LIMITED For personal use only 22 Stophanis Well and Jungle Dam Nine early stage anomaly defined targets Similar mineralisation style to Anglo-Saxon deposit to the south Stophanis 1: 1.2km long soil anomaly peaking at 300ppb, coincident with interpreted major structure
Slide 23: South Laverton - Mount Celia
South Laverton - Mount Celia IRON ORE LIMITED For personal use only 23 Mount Celia The two key prospects: Kangaroo Bore (46,000oz Indicated Resource*) and Blue Peter lightly tested, extensive historic workings * Details provided in next slide Above: SAM** Geophysics with maximum gold (g/t) in
Slide 24: South Laverton - Mount Celia
South Laverton - Mount Celia IRON ORE LIMITED For personal use only 24 Kangaroo Bore Steeply north-east dipping shear zone with quartz-carbonate veining and minor brecciation in quartz-pyrophyllite altered felsic volcanics Lode typically 5m wide, though has dilatant zones to 15m Broad 25m by
Slide 25: South Laverton - Mount Celia
South Laverton - Mount Celia IRON ORE LIMITED For personal use only 25 Kangaroo Bore Resource Grade Reporting Cut-off Category Tonnes (g/t) Ounces (g/t) Indicated 1,031,000 1.4 46koz 0.7 Category Tonnes Grade (g/t) Ounces Conceptual Exploration 500,000 – 1.5 – 24,000 – Target* 900,000 1.8 52,000 * P
Slide 26: South Laverton - Mount Celia
South Laverton - Mount Celia IRON ORE LIMITED For personal use only 26 Blue Peter Abandoned workings show a series of parallel sulphidic quartz veins to 2m wide, plus widespread dry blowing areas The Company plans to define plunging shoots with further RC drilling. Only minor RC testing to dat
Slide 27: South Laverton
South Laverton IRON ORE LIMITED For personal use only 27 Yilgangi Area – Golden Rainbow Prospect 2km along strike from Yilgangi Queen deposit Moderate to steep westerly dipping shear zone in altered felsic volcanics. Strongly ferruginised with thin irregular quartz veins Broad 100m by 20m RC
Slide 28: South Laverton
South Laverton IRON ORE LIMITED For personal use only 28 Yerilla Area – Bull Terrier Prospect Steep east dipping fault zone in the McAuliffe Well syenite Lode typically 5m to 10m wide Broad 80m by 20m RC drill coverage, with one hole to 180m defining an Inferred Resource of 32,000oz at a 1.0
Slide 29: East Kimberley
East Kimberley Project IRON ORE LIMITED For personal use only 29 Four granted exploration licences and three under application in the East Kimberley Located 347km south of Kununurra and covering an area of 370km2 Highly prospective for gold and base metal mineralisation Two key projects: R
Slide 30: Ruby Plains
Ruby Plains Project IRON ORE LIMITED For personal use only 30 Situated at the Ruby Queen mining centre (70,000oz produced) Located in the mineralised Halls Creek mobile fault zone and by hosted Proterozoic Olympio sediments Above: Geological map of tenement
Slide 31: Ruby Plains
Ruby Plains Project IRON ORE LIMITED For personal use only 31 Identified nine alteration target zones along the fault corridor Legacy plans to conduct a field reconnaissance visit of the alteration targets and anomalous historic stream sediments in 2010 Right: LandSat satellite image of tenement
Slide 32: Ruby Plains
Ruby Plains Project IRON ORE LIMITED For personal use only 32 Above: Prospective quartz vein systems of the Ruby Queen Shear Zone on E80/3897
Slide 33: Baily Range
Baily Range Project IRON ORE LIMITED For personal use only 33 Located 25km southwest of Halls Creek and adjacent to Anglo Australian‟s Santiago deposit Broad low level soil geochemical anomalies of several kilometres in length identified, some with rock chip sampling in stock work quartz veins t
Slide 34: Gold Exploration Focus
Gold Exploration Focus IRON ORE LIMITED For personal use only 34 The tenement portfolio has a broad range of early stage to advanced targets, in favourable structural and stratigraphic locations The South Laverton Project is highly prospective for the discovery of new deposits Saracen Mineral
Slide 35: Supporting Statement
Supporting Statement IRON ORE LIMITED For personal use only 35 Copyright Legacy Iron Ore Limited 2010 Legacy Iron Ore Limited does not make any representations or warranties of any kind, whether expressed or implied, regarding this presentation, including without limitation, any warranty regarding t
Slide 36: For personal use only
For personal use only Hyatt Centre Suite 32, 23 Plain Street, East Perth, WA 6004 Tel: +61 8 9421 2005 Fax: +61 8 9421 2001 Web: www.legacyiron.com.au