Lachlan Star Limited · ASX:LSA
Lachlan Star — Resources Rising Stars - Gold Coast Investor Conference 2024
16 slides from Lachlan Star's conference presentation, Sep 4, 2024
Slide 1: Unlocking New Discoveries in the World-Class Lachlan Fold Belt, NSW
For personal use only UNLOCKING NEW DISCOVERIES IN THE WORLD-CLASS LACHLAN FOLD BELT, NSW Resources Rising Stars - Gold Coast Investor Conference RACV Royal Pines Resort, 4 September 2024 ASX: LSA September 2024
Slide 2: Important Information
IMPORTANT INFORMATION Forward Looking Statements This Presentation contains forward-looking statements which are identified by words such as ‘may’, ‘could’, ‘believes’, ‘estimates’, ‘targets’, ‘expects’, or ‘intends’ and other similar words that involve risks and For personal use only uncertainties.
Slide 3: Highlights
HIGHLIGHTS For personal use only Emerging high-grade copper system at Basin Creek, NSW, in a premier mining jurisdiction A strategically located first-class exploration portfolio Disciplined, cost effective targeting and a boots-on- ground exploration focus is delivering results Well-credentialled B
Slide 4: Our Project Focus
OUR PROJECT FOCUS For personal use only New South Wales – Gold and Copper • Top-tier exploration project portfolio • Endowed mineral provinces near producing mines and high-profile exploration projects • Potential for world-class gold and copper discoveries Mineral Resources sourced from the relevan
Slide 5: Junee – Basin Creek Prospect (LSA 100%)
JUNEE – Basin Creek Prospect (LSA 100%) Emerging high-grade copper opportunity For personal use only • Premier mining destination – 110Moz gold and 19Mt copper endowment1 • Project located on the Gilmore Suture Zone - metal-rich structural corridor • Significant +10km of gold- and copper-in-soil min
Slide 6: Basin Creek Prospect: Near-surface, high-grade copper drill target
Basin Creek Prospect (LSA 100%) Near-surface, high-grade copper Drill Target For personal use only • Comprehensive review of 50-year-old historic data including physical inspection of drill core1 • Semi-massive high-grade sulphide (chalcopyrite) shoots within broader disseminated copper system • 21.
Slide 7: Basin Creek Prospect: Schematic cross sections through high-grade copper system
Basin Creek Prospect: Schematic cross sections (looking NNW) through high-grade copper (chalcopyrite) system For personal use only DEEPEST DRILLHOLE / DOWN-PLUNGE INTERSECTION Southern Cross Section Looking towards 350o NNW Northern Cross Section Looking towards 350 o NNW LSA 7
Slide 8: Basin Creek Prospect: Emerging high-grade copper value proposition
Basin Creek Prospect (LSA 100%) Emerging high-grade copper value proposition For personal use only • Prospect is fully permitted and ready to drill early Q4 TDH01 4.6 metres at 18.54 % Cu from 57.9 metres1 massive chalcopyrite (copper sulphide) - tarnished by length of time in core tray TDH09 1.5 me
Slide 9: Basin Creek Prospect: Isometric view with historic diamond drill collars
Basin Creek Prospect: Isometric view, looking northeast, with historic diamond drill collars shown Legend 200m Diamond collar locations For personal use only Access tracks C-C’ Long Sectional View A-A’ Cross Sectional Views B-B’ Extent of historic 1970’s drilling LSA 9
Slide 10: Basin Creek Prospect: Isometric view with surface copper geochemistry
Basin Creek Prospect: Isometric view, looking northeast, with surface copper (Cu) geochemistry in ppm Legend 200m Access tracks For personal use only C-C’ Long Sectional View Copper-in-soil (Cu ppm) 1680 ppm (0.1%) Cu 1600 ppm (0.1%) Cu < 50 ppm 50 - 100 ppm 100 - 250 ppm 250 - 1000 ppm > 1000 ppm 1
Slide 11: North Cobar (LSA 100%): Targeting Discovery in the Cobar Copper District
NORTH COBAR (LSA 100%) Targeting Discovery in the Cobar Copper District For personal use only • Endowed copper-gold and lead-zinc district Knights Galahad Tank • Renewed interest in region's mineral potential • Structure is key to unlocking more discoveries • Basin margin faults and intersections wi
Slide 12: North Cobar: Cobar-style systems - Key Targeting Criteria
NORTH COBAR (LSA 100%) Cobar-style systems - Key Targeting Criteria For personal use only Galahad • Gravity highs – may represent broad alteration systems and addition of metals • Magnetic lows and highs - changes in geology due to hydrothermal alteration Knights Tank • Faults - plumbing pathway for
Slide 13: North Cobar: Galahad prospect and Knights Tank prospect
NORTH COBAR (LSA 100%) Galahad prospect For personal use only Galahad Knights Tank Endeavor Rookery Fault Zone PRIORITY DRILL Knights Tank prospect TARGETS CSA Mine Peak Mine Schematic structural framework and deposit locations Gravity 3D density contrast Iso-Shells (up to 0.14 g/cc) LSA on magnetic
Slide 14: Corporate Overview
CORPORATE OVERVIEW For personal use only CAPITAL STRUCTURE MANAGEMENT Share Price (2/09/24) $0.105 Andrew Tyrrell Alan Hawkins Chief Executive Officer Exploration Manager Shares 207,573,195 Geologist with 20+ years experience in the minerals Geologist for 25+ years in the minerals industry with a in
Slide 15: Key Takeaways
KEY TAKEAWAYS For personal use only Basin Creek - high-grade copper intercepts in historic core identified, fully permitted and ready to drill in early Q4 North Cobar - coincident mag-gravity drill targets along trend of CSA & Endeavor, in a metal-rich corridor Quality Project Pipeline - continuing
Slide 16: Contact Details
CONTACT DETAILS For personal use only Andrew Tyrrell Chief Executive Officer andrew.tyrrell@lachlanstar.com Lachlan Star Limited Alan Hawkins Level 2, 1292 Hay Street Exploration Manager West Perth WA 6005, Australia alan.hawkins@lachlanstar.com info@lachlanstar.com https://lachlanstar.com/ https://
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