Legacy Minerals Holdings Limited · ASX:LGM
Legacy Minerals — RRS Gold Coast (September 2024)
27 slides from Legacy Minerals's conference presentation, Sep 3, 2024
Slide 1: Forging a leading resources company.
For personal use only Forging a leading resources company. 79 47 29 Au Ag Cu Chris Byrne, CEO & Managing Director 3 Sep 2024 RRS Gold Coast chris.byrne@legacyminerals.com.au +61 499 527 547
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: A premier gold, silver and copper portfolio
3 A premier gold, silver and copper portfolio 100% Owned Projects -7,067km2 For personal use only Thomson, Drake, and Black Range Joint Venture Projects -1,070km2 Bauloora, Fontenoy, Glenlogan, Cobar Map of NSW showing Legacy Minerals tenements and geographical location of major mining and explorati
Slide 4: Legacy Minerals at a glance
4 Legacy Minerals at a glance1 Share Price $0.245 Market Cap $22M Shares Top 20 2024 Drill Campaigns 105M 46% 6 across 5 Projects For personal use only 0.35 10000000 9000000 0.3 Share Price 8000000 0.25 7000000 Volume 0.2 6000000 Cash – 31 Mar Cash – 30 Jun Debt 5000000 0.15 4000000 $3.2M $3.0M Nil
Slide 5: Strategy to deliver shareholder value
Strategy to deliver shareholder value Acquiring, discovering, and developing high quality gold, copper, and silver projects For personal use only Discovery Acquisitions Partnerships Non-dilutive discovery Active drilling and Low-cost acquisitions exposure targeting Growth opportunities $28M secured
Slide 6: Thomson
Thomson Belt scale exploration opportunity For personal use only ASX: LGM
Slide 7: Discovery Opportunity
7 Discovery Opportunity Belt-scale exploration opportunity Confirmed Intrusion related Au-Cu Potential • Proof of concept confirmed in historic drilling For personal use only • Target rich environment • Numerous bulls-eye magnetic and gravity anomalies • Large alteration footprints confirmed (tourma
Slide 8: Highlight Prospects
8 Highlight Prospects1 Multiple opportunities for a large deposit discovery Modelled mag Target Previous Drilling Key observations body size For personal use only Not tested. Hole passed nearby but did not F3 350Mt Strong silica-pyrrhotite alteration and veining intercept the interpreted causative m
Slide 9: Analogue Deposit
9 Analogue Deposit1 Havieron Deposit 8.4Moz AuEq (Greatland Gold) Au-Cu Intrusion Related Deposit For personal use only • Havieron is an intrusion- related system with gold and copper mineralisation hosted in breccia, vein and massive sulphide (pyrrhotite dominant) styles • High grade gold and coppe
Slide 10: Drake
Drake An Extensive and Underexplored Au-Cu system For personal use only
Slide 11: Unlocking a target rich epithermal environment
11 Unlocking a target rich epithermal environment A ‘Legacy’ project with new Legacy Minerals exploration vision and approach What’s Legacy Minerals Strategy? For personal use only • A focus on the delivering value through Au-Ag-Cu discovery Transaction $190k unencumbered sale from White Rock Resour
Slide 12: Extensive high-grades demonstrate system potential
12 Extensive high-grades demonstrate system potential Why we are here?: Because this project reported the right grades and exhibits the right textures For personal use only Porphyry D-vein Examples of epithermal vein textures from drill holes KYDD003 at 65.5m, WRDD012 at 120m and 146.5m and interpre
Slide 13: Copper Opportunity
13 Copper Opportunity Untested porphyry copper targets1 • Highly encouraging shallow intercepts including: • 18.65m at 5.8% Cu from 52m and 10.1m at 7.26% Cu from 88m • 25m at 1.26% Cu from 12m, and 6m at 2.75% Cu from 105m For personal use only • Extensive copper oxide resource potential across sev
Slide 14: Black Range
Black Range Under explored gold-silver epithermal systems For personal use only
Slide 15: Black Range
Black Range 15 100% 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 16: Joint Venture Projects
Joint Venture Projects $28.5M in JVs sees sustained discovery effort For personal use only
Slide 17: The upside in a JV - non-dilutive potential for value creation
17 The upside in a JV - non-dilutive potential for value creation Like 100% owned projects, partnerships can deliver significant returns for shareholders SP: $28.50 SP: £0.99 SP: $28 SP: $6.51 SP: £0.371 MC: $355m MC: £134m MC: $1.04b MC: $257m MC: £1.48b For personal use only SP: $0.42 MC: $3.24m S
Slide 18: Glenlogan – S2 Resources JV ($6m)
18 Glenlogan – S2 Resources JV ($6m) Assays Pending Preliminary Drill Observations For personal use only • Variety of igneous rocks intersected) suggesting multi-phase long-lived intrusive system • Alteration compatible with outer propylytic alteration zone around potential porphyry system Joint Ven
Slide 19: Bauloora – Newmont ($15M)
19 Bauloora – Newmont ($15M) Drilling Assays Pending Primary Vein Field and Current Targets Ongoing discovery exposure • Further 2024 drilling planned For personal use only Joint Venture Terms1 • Up to $15M spent over 8 years. • Minimum drill meters. • LGM option for 20% loan carried to mining. Dist
Slide 20: Fontenoy – EarthAI Alliance ($4.5m)
20 Fontenoy – EarthAI Alliance ($4.5m) Drilling Underway Discovery Drillhole – February 20241 • 34m at 0.5g/t 3E PGE* including a higher grade zone of: For personal use only • 10m at 1.2g/t 3E PGE, 0.2% Ni and 891ppm Cu from 388m down-hole. Alliance Terms1 • Up to $4M spent over 3 years. • Minimum d
Slide 21: Central Cobar – Helix JV ($2.8M)
21 Central Cobar – Helix JV ($2.8M) New Joint Venture will see an active exploration program For personal use only Prospective, undrilled search space • Along strike of the Peak Gold Mine Corridor (Aurelia, ASX) • Along strike of the CSA Mine (Metals Acquisition Corp, ASX) • Interpretation that the
Slide 22: Timeframes and Discovery Catalysts
22 Timeframes and Discovery Catalysts Ongoing drilling and target generation Drilling For personal use only Q3 Q4 Q4 Q4 Bauloora Glenlogan Bauloora Fontenoy • Follow up drilling Drilling Results Drilling Results Drilling Starts Drilling Results 2023 2024 Target Generation Q3 Q3 Q3-Q4 Q3-Q4 Rockley D
Slide 23: Investment Highlights
Investment Highlights Deliver shareholder value through acquiring, exploring and developing projects For personal use only Right Structure Right People Right Ground Competitive market High grade projects Actively Experience across all cap means room for areas of exploration Drilling growth and minin
Slide 24: Forging a leading resources company.
For personal use only Forging a leading resources company. Christopher Byrne, CEO and Managing Director chris.byrne@legacyminerals.com.au
Slide 25: Appendices – Endnotes
25 Appendices – Endnotes Slide 3, 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 Mineral Re
Slide 26: Appendices – Endnotes (continued)
26 Appendices – Endnotes (continued) Slide 7:1: Technical Review of the Falcon Project, July 2023, Bob Richardson (unpublished) Slide 8: 1:Technical Review of the Falcon Project, July 2023, Bob Richardson (unpublished) Slide 9: 1: Hanneson, J. E., & Baxter, C. N. (2022). Discovery of the Havieron Go
Slide 27: Appendices – Endnotes (continued)
27 Appendices – Endnotes (continued) Drake Mineral Resource Estimate as at 26 March 2024 Grade Metal Resource Deposit Tonnes Classification Au (g/t) Ag (g/t) Zn (%) Cu (%) Au (koz) Ag (koz) Zn (kt) Cu (kt) (Mt) For personal use only Indicated (JORC 2012) 2.2 1.48 1.74 0.49 0.08 105 123 10.7 1.7 Stra
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