Legacy Minerals Holdings Limited · ASX:LGM
Legacy Minerals — Resource Rising Stars, 1 Feb 2024
22 slides from Legacy Minerals's conference presentation, Feb 1, 2024
Slide 1: Compelling new discovery opportunities
For personal use only Compelling new discovery opportunities PRESENTED BY 79 29 Chris Byrne – CEO and Managing Director Au Cu Resource Rising Stars, 1 Feb 2024
Slide 2: Disclaimer
2 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
Slide 3: Asset Overview
3 Asset Overview Project locations Key Projects For personal use only Black Range Au-Ag LGM 100% Bauloora Au-Ag Drake Au-Cu LGM 100% Glenlogan Cu-Au Pipeline Projects Fontenoy Ni-Cu-PGE-Au Cobar, Rockley, Harden LGM 100% Map of central NSW showing Legacy Minerals tenements (red) and geographical loc
Slide 4: Company Overview
4 Company Overview Market Cap Shares Outstanding Share Price $0.131 $13M 98M 0.25 10000 For personal use only Options Cash Debt Thousands 9000 Share Price $AUD 5.3M $3.2M2 Nil 0.2 8000 7000 0.15 6000 Volume 5000 0.1 4000 Top 20 Joint Venture Funding 52% $25.5M 3000 0.05 2000 1000 0 0 13-Sep-21 13-Fe
Slide 5: Why Legacy Minerals?
5 Why Legacy Minerals? Targeting high value deposits • Epithermals and porphyries are some of worlds’ richest gold/copper deposits • Eg. Cerro Negro (Newmont 7.1Moz Au, 500koz pa4) For personal use only Quality Partnerships • Newmont, S2 Resources and Earth AI Shareholder growth through discovery •
Slide 6: Our strategy to deliver shareholder growth
6 Our strategy to deliver shareholder growth For personal use only Direct funding Joint Ventures • Newmont Strategic Alliance • S2 Resources • Earth AI • 5 x 100% owned high-quality projects - no royalties • Exposure to artificial intelligence • Multiple projects being actively explored • Aggressive
Slide 7: JV Partnership Delivering Value - Greatland Gold
7 JV Partnership Delivering Value - Greatland Gold (LSE:GGP) Newcrest JV at Havieron’s delivered exceptional growth through discovery for Greatland Gold shareholders For personal use only Greatland Gold Share Price 3 Year Period (> x 10) Greatland – Newcrest JV1 • $60M for 70% over 7 years • Greatla
Slide 8: Glenlogan
Glenlogan A Tier-1 Cu-Au porphyry target For personal use only
Slide 9: Targeting a Copper-Gold Giant
9 Targeting a Copper-Gold Giant Partnership with S2 Resources Tier-1 Cadia-style porphyry target • Planning underway for testing the target in 2024 For personal use only Rio Tinto did not drill test • Rio Tinto last held in the ground in 1994 and did not drill test the target due to modelled target
Slide 10: Black Range
Black Range Targeting a major epithermal discovery For personal use only
Slide 11: Black Range
Black Range 11 100% ownership of a large underexplored epithermal system District scale control – 905km2 license Black Range Project Main Prospects For personal use only • Newcrest were the last to complete significant exploration over 30 years ago 1 • Newcrest relinquished the ground in 1992 (Cadia
Slide 12: Significant Gold Soil Anomaly
12 Significant Gold Soil Anomaly Undrilled coincident pathfinder element targets • The latest soil sampling results at Sugarbag Hill have mapped1: For personal use only • A 3.5km x 1.2km zone of elevated low- sulphidation epithermal Au-Ag pathfinder elements • 2.2km long gold trend >20ppb Au (up to
Slide 13: Undrilled IP Targets Beneath Sinter
13 Undrilled IP Targets Beneath Sinter1 Newcrest drilling did not test feeder zone targets (1992) For personal use only Sugarbag Hill IP and Gold in Soils1 ASX: LGM Note: references on this slide are in the Appendix – Endnotes on Slides 22 and 23
Slide 14: Bauloora
Bauloora Large scale programs underway and fully funded For personal use only
Slide 15: Bauloora
Bauloora 15 Targeting a Tier-1 Epithermal Deposit Bauloora Project 27km2 Primary Vein Field Drill Assays Awaited • Ongoing discovery exposure For personal use only Newmont Joint Venture ($15M)1 • Discovery focused joint venture • LGM option for 20% loan carried to production District scale control –
Slide 16: Breccia Sinter intercepting Boiling Zone
16 Breccia Sinter intercepting Boiling Zone (assays pending) Initial Drilling Observations1 • “Boiling zone” textures intercepted in first pass drilling • Provides confirmation of exploration model and system potential For personal use only BX002 diamond drill core showing colloform-crustiform and c
Slide 17: Foundational data set for 2024 Campaigns
17 Foundational data set for 2024 Campaigns Large scale, fully funded generative works1 Aims to deliver multiple Tier-1 drill ready targets • Audio Frequency Magnetotelluric Survey (AMT) • Ground Gravity Survey Secured funding with multiple share price catalysts For personal use only • Geochemical S
Slide 18: Drake
Drake Extensive Underexplored Cu-Au mineral system For personal use only
Slide 19: Drake Au-Cu-Ag
19 Drake Au-Cu-Ag An untold copper opportunity • Extensive copper oxide potential across several kilometers • Drilling on adjoining mining licenses includes: For personal use only • 18.65m at 5.8% Cu from 52m and • 10.1m at 7.26% Cu from 88m1. What’s Legacy Minerals Strategy? • A holistic district s
Slide 20: For personal use only
For personal use only Ongoing drillling across Long term focus on gold multiple projects and copper assets Secured funding with Partners delivering value multiple price catalysts PRESENTED BY Christopher Byrne Chris Byrne CEO – CEO and and Managing Managing Director Director chris.byrne@legacyminera
Slide 21: Appendices – Endnotes
21 Appendices – Endnotes Slide 3, Slide 11, Slide 15 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 M
Slide 22: Appendices – Endnotes (continued)
22 Appendices – Endnotes (continued) Slide 4: Future of Minerals in NSW Report, March 2020. State of NSW, Dept of Planning, Industry and Environment Slide 7:1 Greatland Gold, greatlandgold.com/wp-content/uploads/2023/08/2023.08.07-Greatland-Diggers-Dealers-Presentation.pdf, greatlandgold.com/wp- con
Legacy Minerals Holdings — Resource Rising Stars, 1 Feb 2024 on 6ix