Lachlan Star Limited · ASX:LSA
Lachlan Star — Investor Presentation (July 2025)
20 slides from Lachlan Star's investor presentation, Jul 31, 2025
Slide 1: Unlocking Value Through Gold and Copper Discovery
For personal use only UNLOCKING VALUE THROUGH GOLD AND COPPER DISCOVERY INVESTOR PRESENTATION July-August 2025 ANDREW TYRRELL Chief Executive Officer ASX: LSA
Slide 2: Important Information
IMPORTANT INFORMATION Forward Looking Statements This Presentation contains forward-looking statements which are identified by words such as ‘may’, ‘could’, ‘believes’, ‘estimates’, ‘targets’, ‘expects’, or ‘intends’ and other similar words that involve risks and For personal use only uncertainties.
Slide 3: Corporate Overview
Corporate Overview MANAGEMENT BOARD CAPITAL STRUCTURE For personal use only Andrew Tyrrell Gary Steinepreis Share Price (25/07/25) $0.065 Chief Executive Officer Non-Executive Chairman Geologist with 24+ years experience in the minerals Chartered Accountant with 30+ years experience with Shares 252,
Slide 4: Investment Highlights
Investment Highlights Unlocking Value through Gold and Copper Discovery For personal use only Discovery Potential: Robust pipeline of high-quality gold and copper targets News Flow Catalysts: Multiple ongoing drill programs across the portfolio Strategically Positioned: Tenure within premier mining
Slide 5: Tier Mining Jurisdictions
Tier 1 Mining Jurisdictions For personal use only Prominent and strategic land position (~3,500sqkm) Within World-Class endowed mineral provinces Next to operating mines and high-profile exploration projects Multiple opportunities for gold and copper-gold discovery LSA Mineral Resources sourced from
Slide 6: Killaloe Project
For personal use only Killaloe Project Western Australia, 80-100% ASX: LSA
Slide 7: Killaloe Project
Killaloe Project Phase 1 drilling complete (~1,500m RC and ~6,400m AC) 1 For personal use only Highlights 1. Duke Prospect - Main Zone • >400m-in-strike and system remains open • Broad shallow oxide Au - 24m@0.70g/t inc. 4m@1.39g/t Au & 22m@0.65g/t incl. 2m@1.28g/t Au • High-grade shoots at depth
Slide 8: Duke Main Zone
Left Image: Duke Main Zone Cross section C-C’ through Duke Main Zone Right Image: Plan view map of Duke Prospect See ASX Announcement dated 28 July 2025 • Shallow oxide gold with high-grade shoots at depth For personal use only • Multiple broad intercepts comprising silica-sericite-pyrite alteration
Slide 9: Duke Regional
Left Image: Duke Regional Cross section D-D’ through Duke Regional Right Image: Plan view map of Duke Prospect See ASX Announcement dated 28 July 2025 • 3 new gold mineralised zones identified in drilling, For personal use only coincident with large gold-in-soil anomaly • Broad shallow gold minerali
Slide 10: Duchess Prospect
Left Image: Duchess Prospect Cross section E-E’ through Duchess Right Image: Plan view map of Duchess Prospect See ASX Announcement dated 28 July 2025 • Broad oxide gold mineralisation in drilling For personal use only • 17m@0.52g/t with 1m@1.14g/t Au (KAC0145) • 48m@0.30g/t with 1m@7.24g/t Au (13KL
Slide 11: Killaloe Project: Strategically Positioned, Ripe for Discovery
Killaloe Project Strategically Positioned, Ripe for Discovery For personal use only • Gold fertility – recent drilling demonstrates potential • Favourable geology – Kambalda-equivalent stratigraphy • Prospective structural setting – southern extension to Zuleika Shear (+20Moz Au endowment) • Emergin
Slide 12: North Cobar Project
For personal use only North Cobar Project New South Wales, 100% ASX: LSA
Slide 13: World Class Mineral Field
World Class Mineral Field For personal use only Cobar Mining District – Rich +150yr Mining History • Highly ranked jurisdiction, endowed in quality copper- gold (+ lead-zinc-silver) systems • Recent significant discoveries and mine development1 Cobar Projects – Copper-Gold Opportunity • Commanding ~
Slide 14: Percival – a CSA-Type Setting?
2D Inversion Chargeability, 0.6mGal gravity shells, 100m upward continued RTP mag Percival – a CSA-Type Setting? • ‘Rookery Fault Zone’ north-south parallel faults with For personal use only relay/transfer faults and area of dilatancy (fluid focus) • Chargeability (15-20mV/V) anomaly over 400m, co
Slide 15: Percival Prospect v CSA Mine
Percival Prospect v CSA Mine Section L60000N – Chargeability model High IP chargeability For personal use only • 15-20mV/V - interpreted to define sulphide and associated alteration • moderate depth to target (150-200m below surface) Low IP resistivity • vertical low resistivity coincident with high
Slide 16: Galahad Prospect - North
Galahad Prospect - North Moderate chargeability (6mV/V) – sulphide / alteration For personal use only Section L22750N – Chargeability model 2D Inversion Chargeability, 0.5mGal gravity shells Gravity high (>0.42gGal) Sharp boundary – fault contact? • Major faults, local splays and complexity – Rooker
Slide 17: Galahad Prospect - South
Galahad Prospect - South Moderate chargeability (6mV/V) – sulphide / alteration For personal use only Section L21250N – Chargeability model Gradient change 2D Inversion Chargeability, 0.5mGal gravity shells Gradient change Gravity high (>0.5mGal, red) Magnetic high (dark blue) Magnetic low (blue) –
Slide 18: Investment Case
Investment Case VALUE PROPOSITION : MULTIPLE DRILL-READY TARGETS LEVERAGED FOR EXPLORATION SUCCESS For personal use only News Flow Catalysts - active on-ground exploration across the exploration portfolio with focus on discovery through the drill bit - Killaloe (Au) and North Cobar (Cu) Killaloe - p
Slide 19: Contact Details
CONTACT DETAILS For personal use only Andrew Tyrrell Chief Executive Officer andrew.tyrrell@lachlanstar.com Lachlan Star Limited Alan Hawkins Level 2, 1292 Hay Street Exploration Manager West Perth WA 6005, Australia alan.hawkins@lachlanstar.com info@lachlanstar.com https://lachlanstar.com/ https://
Slide 20: Appendix: M&A, Partnership and Exploration Activity References
Appendix M&A, Partnership and Exploration Activity References For personal use only 5 April 2023 - Newmont and Legacy Minerals enter Farm-in and Joint Venture Agreement at the Bauloora Epithermal Gold Project - ASX Announcement (https://legacyminerals.com.au/) 14 May 2023 - Newmont Enters into Defin