Legacy Minerals Holdings Limited · ASX:LGM
Legacy Minerals — Brisbane Resources Lunch 2023
26 slides from Legacy Minerals's conference presentation, May 2, 2023
Slide 1: Accelerated Exploration Focused On Delivering World-class Assets
For personal use only Accelerated Exploration Focused On Delivering World-class Assets Gold and Copper, NSW Brisbane Resources Lunch, 2 May 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: Depth of Projects in a World Class Jurisdiction
Depth of Projects in a World Class Jurisdiction Black Range Au-Ag Epithermal For personal use only Rockley Cu-Au Porphyry Cobar Au-Cu Cobar Type Harden Au Orogenic Bauloora Au-Ag Epithermal Fontenoy Cu-Au Porphyry Mulholland Ni-Sn-REE Skarn 2,450km2 of exploration tenements Map of central NSW showin
Slide 4: Company overview
ASX:LGM Company overview Capital Structure1 Issued Capital Directors Dr David Carland Investment banker with over 40 experience. Has held ASX Share Price $0.17 senior positions at UBS, Bankers Trust, CRA (now Rio Tinto). Non-Executive For personal use only David was recently the Non-Executive Chair
Slide 5: Bauloora
For personal use only Bauloora Emerging large scale Au/Ag low sulphidation vein field Au-Ag (Newmont JV) ASX: LGM
Slide 6: Newmont Joint Venture
Newmont Joint Venture Joint Venture Summary • Discovery focused joint venture For personal use only • Legacy Minerals management of the project for initial period • Carried through to production Minimum Commitment • Drill testing at the Breccia Sinter Prospect by end of 2023. • Regional aerial magne
Slide 7: Bauloora - Value creation through discovery success
Bauloora - Value creation through discovery success Bauloora Project Primary Vein Field District scale control – 330km2 license • Alteration across 150km2 zone For personal use only • 27km2 low sulphidation vein field Untested potential • Previously unrecognised opportunity • 1 drill hole every 75ha
Slide 8: Drilling Completed – Assays pending
Drilling Completed – Assays pending Targeting undrilled high order geochemical anomalous vein trends • 1,649.6m of diamond drilling completed For personal use only • Wide spaced proof of concept drilling tested 1.5km of strike • New epithermal vein discovery (MM008) parallel to Mee Mar vein trend •
Slide 9: Globally Significant Project Scale
Globally Significant Project Scale • The Bauloora vein field is of similar scale to typical multi-million oz vein fields found globally1 • The Company is actively stepping out and mapping the system which is open in all directions For personal use only • Technical comparisons due to similarities of
Slide 10: Bauloora Epithermal System Model
Bauloora Epithermal System Model For personal use only Interpreted depositional setting for rock sock samples (Modified from Global Ore Discovery, modified from Global Ore Discovery https://www.globalorediscovery.com. 10
Slide 11: Black Range
For personal use only District control of another Black Range underexplored low sulphidation epithermal Au-Ag ASX: LGM
Slide 12: Black Range – Another large, underexplored epithermal system
Black Range – Another large, underexplored epithermal system… Regional Setting District scale control – 905km2 license Black Range Project • For personal use only Large 4.5 x 1.5km silica-sericite- sulphide alteration zone (Sugarbag Hill Prospect) • 30km of strike between known epithermal occurrence
Slide 13: Black Range and Bauloora – Why does the opportunity still exist?
Black Range and Bauloora – Why does the opportunity still exist? No drilling = no discovery Held by major companies distracted by other successes Bauloora Summarised Timeline For personal use only • Across the 27km2 vein field zone 1 drill hole per 72 ha1 Bauloora Black Range • Systematic work not d
Slide 14: Black Range - Why are we excited?
Black Range - Why are we excited? Recognition of NSW’s potential to host major systems SCALE TARGET • Low-sulphidation epithermal systems are not common to NSW For personal use only • With the age of the LFB, preservation is uncommon Black Range Tenement Size 905km2 • Bauloora was a breakthrough - t
Slide 15: Cobar
For personal use only Positioned in the Heart Cobar of the Cobar Basin Au-Cu (Zn-Pb) ASX: LGM
Slide 16: Primed for Discovery
Primed for Discovery World class jurisdiction • Active region for acquisitions (CSA and Endeavor) For personal use only • Less than 10km from Metals Acquisition Corp’s CSA Mine (recently purchased from Glencore for $1.1B USD)1 • Sustained regional exploration successes • Proximal to infrastructure a
Slide 17: All the Right Ingredients
All the Right Ingredients Structural complexity – Geochemically For personal use only Mineralisation pathways anomalous No sovereign risk, great land access, surrounded Geophysically anomalous by mills and infrastructure A B Schematic cross section through the eastern Cobar Basin showing major fault
Slide 18: Rockley
For personal use only Prime position in Rockley Australia’s premier Cu-Au porphyry district Cu-Au ASX: LGM
Slide 19: Rockley: An emerging porphyry district
ASX:LGM Rockley: An emerging porphyry district Rockley - porphyry potential • Classic porphyry magnetic signature - central magnetic high surrounded by a doughnut shaped magnetic low, on NW-SE fault, coincident with a For personal use only discrete potassic high and widespread Au-Cu anomalism at sur
Slide 20: ROCKLEY – Growing Au-Cu story
ASX:LGM ROCKLEY – Growing Au-Cu story Overlooked and untested • District proven to host significant porphyry For personal use only mineralisation • Limited geochemistry sampling and geophysical surveys across the tenement • Scarcity of drilling across the tenement • Only 22 RAB historical holes in s
Slide 21: Earth AI
For personal use only Discovery exposure with leading artificial intelligence exploration company Earth AI ASX: LGM
Slide 22: Realising value through strategic partners
ASX:LGM Realising value through strategic partners Fontenoy – Cu, Au, PGE Mulholland – Ni, Sn, REE Earth AI 8km of copper and gold mineralisation with Known skarns and untested anomalies with several Strategic Alliance putting LGM at For personal use only limited drill testing significant drill read
Slide 23: Planned Exploration Program (Current Funding)
Planned Exploration Program (Current Funding) Upcoming Announcements Q2 Q2 - Q4 Q3 - Q4 ASX Progress Results (Till June) Anticipated Date Black Range Black Range Black Range For personal use only Black Range Exploration Mid-End May Reconnaissance Field Work Mapping and Geochem Cobar Drill Campaign M
Slide 24: Why Legacy Minerals
Why Legacy Minerals CONTACT Emerging discovery at Bauloora For personal use only ASX:LGM Two district scale epithermal gold projects Chris Byrne CEO and Managing Director Depth of projects in a Tier 1 chris.byrne@legacyminerals.com.au Province +61 (0) 499 527 547 Focused on delivering shareholder va
Slide 25: Appendices – Endnotes
Appendices – Endnotes Slide 3, Slide 6: 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 Mineral Resour
Slide 26: Appendices – Endnotes (continued)
Appendices – Endnotes (continued) Slide 7: 1: ASX: LGM 19 October 2022 Exploration Ramp up at Bauloora Epithermal Gold Project; 2:LGM ASX 1 November 2022 Geophysics Expands Potential Size of Bauloora Gold System Slide 8: 1: LGM ASX: 15 February 2023 Significant new discovery at the Bauloora Epitherm
Legacy Minerals Holdings — Brisbane Resources Lunch 2023 on 6ix