Legacy Minerals Holdings Limited · ASX:LGM
Legacy Minerals — Australian Gold Conference 2023
22 slides from Legacy Minerals's conference presentation, Aug 30, 2023
Slide 1: Hunting a Breakthrough Discovery
For personal use only Hunting a Breakthrough Discovery 79 29 Au Cu NSW, Australia Gold Conference, 30 August 2023 ASX: LGM
Slide 2: Disclaimer
Disclaimer This presentation may contain certain statements and projections provided by or on behalf of Legacy Minerals Holdings Limited (ASX: LGM, Legacy Minerals, or the Company) with respect to the anticipated future undertakings. These forward-looking statements reflect various assumptions by or
Slide 3: Asset Overview
Asset Overview 2,450km2 of exploration tenements Core Focus – Epithermal Systems For personal use only Black Range Au-Ag Bauloora Au-Ag Drake Au-Cu Pipeline Projects Fontenoy Ni-Cu-PGE-Au Cobar, Rockley, Harden Map of central NSW showing Legacy Minerals tenements (red) and geographical location of m
Slide 4: Company overview
Company overview Issued Capital Market Capitalisation Shares Outstanding Options Cash (June-30) 32% 12M 83M 5.3M $1.6M For personal use only Debt Top 20 Management aligned with Joint Venture Funding Nil 52% shareholder interest $19.5M 68% Low cost, high-impact exploration Board and Management Target
Slide 5: What sets us apart?
What sets us apart? Legacy Minerals Discovery Vision For personal use only Direct funding Newmont funding Earth AI funding • 100% owned high-quality projects with no royalty burden • Aggressive exploration targeting world class deposits • Cutting edge artificial intelligence • World class geological
Slide 6: Bauloora Newmont Farm-in
79 47 Au Ag For personal use only Drilling for a major epithermal discovery Bauloora Newmont Farm-in ASX: LGM
Slide 7: Bauloora: Targeting a Tier Epithermal Deposit
Bauloora Targeting a Tier 1 Epithermal Deposit Bauloora Project Primary Vein Field Drilling this quarter • Immediate discovery exposure For personal use only Newmont Joint Venture ($15M) • Discovery focused joint venture • LGM 20% loan carried to production District scale control – 330km2 license •
Slide 8: 'Bulls Eye' 500mx500m Resistive Anomaly
‘Bulls Eye’ 500mx500m Resistive Anomaly Drilling Planned for Q3 2023 • A strongly resistive anomaly (~9,000 ohm*m) has been identified and is depth extensive (>1,000m) and comes to within 300m of the surface1 For personal use only ASX: LGM 8 Note: references on this slide can be located in the Appen
Slide 9: Textbook Response
Textbook Response Geological Model for the Breccia Sinter and AMT Response1 For personal use only Figure 1. Showing the geological model used for targeting at Bauloora (after Buchanan, 1981) Figure 2. Showing the geological model used for targeting at Bauloora (after Buchanan, 1981) overlain over th
Slide 10: Target Rich Environment
Target Rich Environment District Scale Environment For personal use only Shallow and high-grades in drilling1,2 Bluecap - new epithermal shoot discovery 2023 • 13m at 4.53g/t AuEq. (1.66g/t Au, 6.68g/t Ag, 0.14% Cu and 4.23% Pb+Zn) incl. • 6m at 8.00g/t AuEq. (3.56g/t Au, 10.95g/t Ag, 0.22% Cu and 6
Slide 11: Where the JV model has worked - Greatland Gold
Where the JV model has worked - Greatland Gold (LSE:GGP) Newcrest Partnership at Havieron’s delivered exceptional growth through discovery Greatland Gold Share Price 3 Year Period1 For personal use only Greatland – Newcrest JV1 • $60M for 70% over 7 years • Greatland to fund its 30% 3.4Moz Au • As o
Slide 12: Black Range
79 Au For personal use only Large low sulphidation epithermal with district control in NSW Black Range ASX: LGM
Slide 13: Black Range
Black Range1 100% ownership of an underexplored epithermal system District scale control – 905km2 license Black Range Project Main Prospects • Large 7km2 silica-sericite-sulphide For personal use only alteration zone (Sugarbag Hill Prospect) associated with gold mineralisation. • 30 years since last
Slide 14: Sugarbag Hill Prospect – Exploration Underway
Black Range Sugarbag Hill Prospect – Exploration Underway For personal use only Figure 1. Aerial view of the Sugarbag Hill prospect (Looking North) Figure 1. Plan view of the Sugarbag Hill prospect. ASX: LGM 14
Slide 15: Drake
79 29 Au Cu For personal use only ‘Legacy’ project with new copper-gold vision Drake ASX: LGM
Slide 16: Drake Exploration License
Drake Exploration License Significant Discovery Opportunity Transaction opportunity $200k unencumbered sale from White Rock Resources (WRM) For personal use only • $20-30M in project expenditure by previous companies • Completely surrounds the Mt Carrington MLs – 320kOz Au and 23Moz Ag of resources
Slide 17: Earth AI Exploration Alliance
For personal use only At the head of the pack with artificial intelligence exploration Earth AI Exploration Alliance ASX: LGM
Slide 18: Realising value through strategic partners
Realising value through strategic partners Fontenoy: Ni-Cu-PGE Widespread Cu-Au and Ni-Cu-PGE anomalism with limited drilling Earth AI testing1 Strategic Alliance putting LGM at the exploration forefront2 For personal use only • Exposure for LGM shareholders to the proprietary artificial intelligenc
Slide 19: Upcoming Works
Upcoming Works Significant pipeline of exploration works Q2 Q2 - Q4 Q3 - Q4 For personal use only Black Range Black Range Black Range Reconnaissance Field Work Mapping and Geochem Advanced Spaceborne Thermal Emission and Reflection Q2-Q3 Q2 - Q3 Q3 Sole funded discovery Cobar Cobar Rockley exposure
Slide 20: Why Legacy Minerals?
Why Legacy Minerals? CONTACT ASX:LGM For personal use only Immediate discovery exposure – drilling Q3 Chris Byrne Tier 1 Jurisdiction CEO and Managing Director Tier 1 Partner chris.byrne@legacyminerals.com.au Tier 1 Targets +61 (0) 499 527 547 Active exploration across 100% owned projects ASX: LGM
Slide 21: Appendices – Endnotes
Appendices – Endnotes Slide 3, Slide 7, Slide 13 1 Alkane Resources Kaiser Resource Estimate of ~4.7M Gold Equivalent 27 February 2023; 2 Silver Mines, Ord Minnett East coast Mining Conference, March 2023; 3 Alkane Resource and Reserve Statement FY22, 9 September 2022; 4 Newcrest Mining Annual Miner
Slide 22: Appendices – Endnotes (continued)
Appendices – Endnotes (continued) Slide 7 1: ASX: LGM 19 October 2022 Exploration Ramp up at Bauloora Epithermal Gold Project Slide 8 1: LGM ASX: 29 August 2023 Large 500m x 500m Bulls-Eye anomaly defined at Bauloora Slide 9: LGM ASX: 29 August 2023 Large 500m x 500m Bulls-Eye anomaly defined at Bau
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