Lefroy Exploration Ltd. · ASX:LEX

Lefroy Exploration — Shareholder Meeting (December 2016)

23 slides from Lefroy Exploration's shareholder meeting presentation, Dec 5, 2016

  1. Slide 1: Lefroy Exploration Limited

    Lefroy Exploration Limited 5 December 2016 Wade Johnson Managing Director

  2. Slide 2: Important Notices

    Important Notices This presentation contains summary information about Lefroy Exploration Limited (LEX) and is current as at 05 December 2016. The information contained in this presentation is of a general nature and does not purport to be complete. This presentation is not investment or financial p

  3. Slide 3: Company Summary

    Company Summary  Lefroy Exploration Limited (LEX) formally US Masters Holdings (ASX:USH), has secured tenements in the Kalgoorlie Goldfields, Lake Johnston and Murchison districts in Western Australia, with more than 540km2 in the Lefroy Project alone  Exploration is targeting high-value gold and

  4. Slide 4: 2016: A Transformational Year

    2016: A Transformational Year The past year has resulted in a major transformation of the Company to become a WA focused gold and nickel explorer via:  Acquisition of 100% of Hogans Resources Pty Ltd (HRPL) and 100% of E15/1447 from Montezuma Mining Company (MZM),  These acquisitions has created a

  5. Slide 5: Corporate Overview

    Corporate Overview Board Corporate Details  Gordon Galt – Non Executive Chairman Place of Incorporation: British Virgin Islands  Wade Johnson – Managing Director Requoted on ASX: October 19 2016  Michael Davies – Non Executive Director Issued Capital : 64.5 million shares  Geoff Pigott – Non Exe

  6. Slide 6: LEX: First 48 Days Since Requotation

    LEX: First 48 days Since Requotation Exploration was immediately initiated on the flagship Lefroy Gold Project  Completion of a extensive ground gravity survey comprising 3898 stations to compliment the existing dataset. Initial processed imagery has revealed new geological trends beneath Lake Lefr

  7. Slide 7: Exploration: Focus & Opportunity

    Exploration: Focus & Opportunity  Focus: undertake exploration for gold and nickel deposits in premier areas of the Yilgarn Craton of Western Australia  The Lefroy Project: core gold project in excess of 546km2 of contiguous tenements, within 50km of Kalgoorlie  Lake Johnston Project: 300km2 of t

  8. Slide 8: Lefroy Gold Project: Regional Setting

    Lefroy Gold Project: Regional Setting Our foundation asset and initial core focus for exploration  Commanding land package within world-class gold district  Project area bounded by major regional structures that control gold mineralisation in the district  Compilation of an initial drilling, geop

  9. Slide 9: Lefroy Project: Overview

    Lefroy Project: Overview Hosts major gold-bearing structures  Five major gold-mineralised trends recognised that are core focus for target evaluation and generation  Traditional surface geochemical sampling ineffective due to the extensive salt lake systems and transported cover  Five high priori

  10. Slide 10: Lefroy Project: Lucky Strike Prospect

    Lefroy Project: Lucky Strike Prospect LEX’s Inaugural drill program  Interpretation of previous exploration results indicated a mineralised trend of gold anomalism to the northwest of the Lucky Bay Open Pit  Integration with detailed gravity and aeromagnetic data has enhanced the prospectivity of

  11. Slide 11: Lefroy Project: Innovative Techniques

    Lefroy Project: Innovative Techniques Compiled geophysical data – major competitive advantage Aeromagnetics RTP (40m) Gravity Bouguer 1VD  Acquisition and merging of multiple ground gravity surveys has added another layer to advance the geological model and improve ranking of future targets  First

  12. Slide 12: Lefroy Project: Gravity Survey Old v New

    Lefroy Project: Gravity Survey Old v New Entire Lefroy Project now covered by detailed gravity data* Gravity Bouguer 1VD Gravity Bouguer 1VD-Stitched with Preliminary image from November survey*.  Initial image from the newly acquired data* vastly improves understanding of geology and structural tr

  13. Slide 13: Lefroy Project-Zanex Prospect

    Lefroy Project-Zanex Prospect Initial drill test to commence in early 2017  Air core drill intersection of significant gold mineralisation (6m@2.87g/t Au) under Lake Lefroy reported in 1996*.  Previous drilling is widespaced (160m x 800m)  A subtle gold anomaly has been recognized from interpreti

  14. Slide 14: Lefroy Project-Zanex Prospect

    Lefroy Project-Zanex Prospect Utilising innovative techniques to improve target generation SKIMPI* at Zanex-Core Geophysics 50m line spaced airmag data-TMI RTP 20m line spaced groundmag data-TMI RTP  Employed new geophysical technique known as the SKIMPI* as a trial to better define and reveal the

  15. Slide 15: Lefroy Project: Next Targets for drilling

    Lefroy Project: Next Targets for drilling Coogee South* Red Dale*  Immediately south of the Coogee open pit  Adjoins Silver Lake Resources Salt where 140Kt mined @5.2g/t for 22,000oz* Creek Mine site and Randalls Processing Facility  Most drilling is mid 1990s vintage and is shallow RAB/Air core

  16. Slide 16: Lefroy Project: Enhancing the Portfolio

    Lefroy Project: Enhancing the Portfolio  Acquisition* of three granted contiguous tenements in November that adjoin the Lucky Strike and Red Dale Prospects.  Tenements located adjacent to the interpreted position of the regional Mt Monger Fault  Purchased from prospector, modest cash payment with

  17. Slide 17: Lake Johnston Project: Overview

    Lake Johnston Project: Overview  The Lake Johnston Project is located to the west of Norseman and is north of the Maggie Hays and Emily Ann nickel deposits  LEX considers the area prospective for gold and nickel  All tenements are 100% owned and granted  LEX secured the gold and nickel explorati

  18. Slide 18: Lake Johnston Project

    Lake Johnston Project Large land holding prospective for gold and nickel  Study by geophysical consultants Newexco has highlighted 3 targets with nickel sulphide (NiS) potential  At the priority T1 nickel target, previous drilling of geophysical anomalies has intersected NiS  Exploration will req

  19. Slide 19: Murchison Project: Overview

    Murchison Project: Overview  LEX has portfolio of tenement applications in the Murchison between Cue and Big Bell considered prospective for gold.  These tenements are The Austin and Fleece Pool tenements lie adjacent to the Cuddingwarra Gold Mining Centre  The Big Bell South tenement covers the

  20. Slide 20: 2017 – The Year Ahead

    2017 – The Year Ahead  Lake Lefroy  Coogee South: Evaluation of mineralised trend with air core hammer drilling and follow up RC drilling  Lucky Strike: Extension air core drilling planned to follow up anomalous intersections  Zanex: To be evaluated by specialised lake air core drilling  Woolib

  21. Slide 21: LEX Investor Highlights

    LEX Investor Highlights  The Company has consolidated a highly prospective gold tenement package near Kalgoorlie, which complements its other tenement packages at Lake Johnston and in the Murchison District in Western Australia  Six gold prospects identified (five at Lefroy and one at Lake Johnsto

  22. Slide 22: Thank You

    Thank You Lefroy Exploration Limited Perth Office Level 1, 30 Richardson Street ARBN 052 123 930 West Perth WA 6005 Australia Phone +612 8314 5580 Australian Registered Office Fax +612 8314 5555 Suite 4101, Level 41, Gateway Email info@lefroyex.com 1 Macquarie Place Sydney NSW 2000 Australia www.lef

  23. Slide 23: Competent Person Statement

    Competent Person Statement The information in this presentation that relates to exploration results is based on, and fairly represents, information and supporting documentation compiled by Wade Johnson and Geoff Pigott, both competent persons who are members of the Australasian Institute of Geoscien

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