Legend Mining Limited · ASX:LEG

Legend Mining — Shareholder Meeting (May 2011)

14 slides from Legend Mining's shareholder meeting presentation, May 26, 2011

1. Slide 1: Ngovayang Iron Ore Project - Annual General Meeting

   Legend Mining Limited Level 2, 640 Murray Street, West Perth WA 6005 Tel: +61 8 9212 0600 | Fax: +61 8 9212 0611 For personal use only “Ngovayang Iron Ore Project” Legend Annual General Meeting 26 May 2011

2. Slide 2: Disclaimer

   For personal use only This is not a disclosure document. document Any material used in this presentation is a summary of selected data, data and any investor in Legend Mining Limited should refer to all Legend Mining Limited ASX releases and statutory reports before considering to invest in the comp

3. Slide 3: Company overview

   For personal use only • Mineral Exploration Company with a strong cash position • Focussed on Iron Ore in West Africa • 3900km2 in two project areas in Cameroon • Two T project j areas iin W Western A Australia li • Management strategy for growth - Delineate magnetite resource whilst continuing the

4. Slide 4: For personal use only

   For personal use only www.legendmining.com.au 4

5. Slide 5: People, infrastructure, project size, prospectivity

   For personal use only People Infrastructure Project Size Iron Ore Prospectivity www.legendmining.com.au 5

6. Slide 6: Sundance Ltd Access Co-operation Agreement

   For personal use only Sundance Ltd Access Co-operation Agreement May 2011 www.legendmining.com.au 6

7. Slide 7: For personal use only

   For personal use only www.legendmining.com.au 7

8. Slide 8: Exploration Activity Summary

   For personal use only 2972km2 contiguous area held by three granted exploration permits Extensive aeromagnetic survey completed February 2010 Red R d iindicates di hi highest h totall magnetic i intensity Red areas much more extensive than indicated by previous mapping (BRGM 1986) Exploration Activi

9. Slide 9: Exploration Activity Summary

   For personal use only 2972km2 contiguous area held by three granted exploration permits Alpha Hill 335/419 Extensive aeromagnetic survey completed February 2010 Red R d iindicates di hi highest h totall magnetic i Melombo intensity North Red areas much more extensive than indicated by previous mappi

10. Slide 10: Hill targets: Alpha, Hill 335, Hill 419

    For personal use only Hill 464 • Topo/ Stratigraphic • First indication of magnetite gneiss Alpha • First Fi t Mag M Target T t • Metallurgical sample from hole NESDO11 Hill 335 • Mag Target • Outcrop Geology • See section next slide Hill 419 • Mag Target • See section next slide www.legendmining.co

11. Slide 11: For personal use only

    For personal use only www.legendmining.com.au 11

12. Slide 12: Magnetite intercepted in each drill hole

    For personal use only NMELD 002 94.85m @ 17.6% Fe NMELD 007 58.42m 58 42m @ 22.8% 22 8% Fe Magnetite intercepted in each drill hole F h modelling Further d lli i iinterpretation to assist i www.legendmining.com.au 12

13. Slide 13: Average DTR Product Grade for Sample Met1

    For personal use only Average DTR Product Grade for Sample Met1 Product Mass % Fe Distribution% Fe% SiO2% Al2O3% P% S% LOI% Head 100 100 31.45 47.48 2.98 0.097 0.070 -0.89 Concentrate 36.8 82.7 70.8 1.42 0.20 0.006 0.028 -3.30 Coarse Grain Low Impurities High Iron Coarse Grind Simple Process Saleabl

14. Slide 14: Summary: magnetite gneiss host, DSO potential, drilling ongoing

    For personal use only  Magnetite Gneiss identified as host rock  Positive Metallurgical Test/Quality Magnetite  DSO Potential  Drilling ongoing  Reconnaissance work ongoing www.legendmining.com.au 14

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