Legend Mining Limited · ASX:LEG

Legend Mining — South West Connect Conference, Busselton, 16-17 October 2024

16 slides from Legend Mining's conference presentation, Oct 16, 2024

  1. Slide 1: Counter Cyclical Opportunity

    For personal use only Counter Cyclical Opportunity Busselton 16-17 October 2024 Legend Mining 1

  2. Slide 2: Disclaimer

    Disclaimer For personal use only This is not a disclosure document. Any material used in this presentation is a summary of selected 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 company

  3. Slide 3: Corporate Overview

    Corporate Overview Capital Structure & Board of Directors Top Shareholders Market For personal use only Capitalisation ~$35M (@ 1.2cps) 29.9 36.8 Cash Debt $13.1M* Nil Top 20 63.2% 12.9 8.7 5.3 6.4 Creasy Group IGO Wilson Group Bailey Group Board of Directors Remainder of Top 20 Remaining Register M

  4. Slide 4: Investment Highlights

    Investment Highlights For personal use only Energy transition critical battery metals Ni-Cu-Co Dedicated team of science-driven explorers, with track record of discovery Exploring in a proven jurisdiction Mawson – exploration success converted to maiden Mineral Resource Continue to generate targets

  5. Slide 5: A quality sulphide nickel deposit is worth finding

    A quality sulphide nickel deposit is worth finding The financials tell the story….. For personal use only USD$/T  Nova produced first concentrate in October 2016 with a nickel price at $9918 USD/T ($13019 AUD/T) $4.50 USD/lb ($5.91 AUD/lb)  Average AISC of $1.83 AUD/lb at DFS  FY24 Q4 AISC $2.94

  6. Slide 6: Where are the nickel discoveries coming from?

    Where are the nickel discoveries coming from? Major Nickel Discoveries 1990-2022 For personal use only Nickel Sulphide* (MMt) Nickel Oxide* (MMt) Nickel Exploration Budget ($M) 20 1400  Discoveries have dropped off a cliff since 2010 18 1200 16  The next big nickel discoveries are under cover in 1

  7. Slide 7: Rockford Project Location

    Rockford Project Location  Fraser Range, Western For personal use only Australia  150km NE of Nova / 100km S of Tropicana  100% within Fraser Zone  Primary exploration target magmatic Ni-Cu-Co  Outstanding existing infrastructure  Transport and power  Communications LEGENDMINING.COM.AU Legend

  8. Slide 8: Rockford Project

    Rockford Project For personal use only  World-class under explored nickel belt – 3 deposits found to date  The Legend team know how to find these mineralised intrusions  Fertility suggests for more orebodies to be found  Systematic, science-driven methodology  Rationalising ground holding and c

  9. Slide 9: Octagonal & Magnus

    Octagonal & Magnus For personal use only  Same mineralisation style  Same host structure  Same host rocks LEGENDMINING.COM.AU Legend Mining 9

  10. Slide 10: Octagonal – all the right ingredients

    Octagonal – all the right ingredients  Fertile intrusion extends at depth, with increased Ni-Cu sulphide towards basal contact For personal use only  High MgO intrusion intersected with highest nickel tenor to date identified at Octagonal  Outstanding geological reconciliation with seismic interp

  11. Slide 11: Magnus – promising targets

    Magnus – promising targets For personal use only  HPFLTEM completed  12 conductors identified  Zone 3 modelled up to 5000 siemens conductance  Conductors on the margin of a large gravity feature interpreted to be intrusion below and outside existing drilling LEGENDMINING.COM.AU Legend Mining 11

  12. Slide 12: Mawson Ni-Cu-Co Deposit

    Mawson Ni-Cu-Co Deposit Maiden MRE (JORC 2012)  28,200t metal* For personal use only  Shallow (65m-305m)  Excellent metallurgy  Level 1 F&F completed  Mineralisation remains open  Seismic reprocessing  Foundation on which to grow  Strategic MRE given remaining Nova mine-life (<3 years) MAWSO

  13. Slide 13: Mawson mineralisation comes from somewhere…

    Mawson mineralisation comes from somewhere… For personal use only  3D seismic data reprocessing identifies target zones below existing drilling  SensOre AI/ML technology independently identifies same target zone  Currently working to identify target areas below existing drilling, in the shadow of

  14. Slide 14: Regional Rockford

    Regional Rockford For personal use only  Known fertile intrusions defined by aircore drilling south-west of the Mawson Deposit  MLTEM underway to test for conductors within 600m of surface  Follow up FLTEM on identified MLTEM conductors LEGENDMINING.COM.AU Legend Mining 14

  15. Slide 15: No better time to invest in Legend

    No better time to invest in Legend For personal use only  Counter cyclical commodity  Dedicated team with discovery DNA  Skin in the game, backing ourselves  Mineral Resource underpinning value  Funded to execute exploration and opportunities LEGENDMINING.COM.AU Legend Mining 15

  16. Slide 16: Thank You

    For personal use only Thank You Oliver Kiddie Managing Director LEGENDMINING.COM.AU ASX: LEG

Legend Mining — South West Connect Conference, Busselton, 16-17 October 2024 on 6ix