Legend Mining Limited · ASX:LEG
Legend Mining — Australian Nickel Conference 2023
20 slides from Legend Mining's conference presentation, Oct 4, 2023
Slide 1: Science-Driven Nickel Exploration
For personal use only Science-Driven Nickel Exploration Australian Nickel Conference 4th October 2023 LEGENDMINING.COM.AU ASX: LEG
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
Slide 3: Corporate Overview
Corporate Overview Capital Structure & Board of Directors Top Shareholders Market For personal use only Capitalisation ~$67M (@ 2.3cps) 29.9 37.1 Cash Debt $15.5M* Nil Top 20 63% Board of Directors 12.9 Mark Wilson – Executive Chair 8.7 Oliver Kiddie – Managing Director 5.3 6.1 Hilary Macdonald – No
Slide 4: Investment Highlights
Investment Highlights For personal use only Future-facing commodity explorer for critical battery metals Ni-Cu-Co Dedicated team of science-driven explorers, with track record of discovery Enviable location and tenement package Mawson Mineral Resource – foundation to grow Pipeline of targets – Octag
Slide 5: Environmental, Social and Corporate Governance
Environmental, Social and Corporate Governance For personal use only Legend Mining prides itself on continuing, developing, and maintaining excellent stakeholder relationships Reflected in our ESG Policies found at: www.legendmining.com.au LEGENDMINING.COM.AU Legend Mining 5
Slide 6: Why Nickel?
Why Nickel? Use in batteries will double nickel demand by 2024 For personal use only Source: Wood Mackenzie LEGENDMINING.COM.AU Legend Mining 6
Slide 7: We need a lot more Nickel…
We need a lot more Nickel… For personal use only Source: Benchmark Minerals Intelligence LEGENDMINING.COM.AU Legend Mining 7
Slide 8: We need a lot more Nickel Discoveries…
We need a lot more Nickel Discoveries… Major Nickel Discoveries 1990-2022 For personal use only Nickel Sulphide* (MMt) Nickel Oxide* (MMt) Nickel Exploration Budget ($M) 20 1400 18 1200 16 14 1000 Major Nickel discoveries (MMt) 12 Budget ($M) 800 10 600 8 6 400 4 200 2 0 0 1993 2004 1990 1991 1992 1
Slide 9: Rockford Project Location
Rockford Project Location ▪ Fraser Range, Western Australia For personal use only ▪ 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
Slide 10: Rockford Project
Rockford Project For personal use only ▪ ~3,000km2 prospective tenure ▪ World-class under explored nickel belt ▪ LEG team know how to find these mineralised intrusions ▪ Potential for more orebodies to be found ▪ Pipeline of targets generated with science-driven methodology ▪ Magnus – next Octagonal
Slide 11: Octagonal
Octagonal For personal use only ✓ Same mineralisation ✓ Same host structure ✓ Same fold pattern ✓ Same host rocks ? Basal contact untested….until now LEGENDMINING.COM.AU Legend Mining 11
Slide 12: Octagonal Drilling So Far…
Octagonal Drilling So Far… Key Takeaways: • 4x DD holes completed to date in 2023 For personal use only • Fertile intrusion extends at depth, with increased Ni-Cu sulphide towards basal contact • High MgO intrusion intersected with highest nickel tenor to date identified at Octagonal • Outstanding g
Slide 13: Target Area C – where there is smoke…
Target Area C – where there is smoke… For personal use only LEGENDMINING.COM.AU Legend Mining 13
Slide 14: Nova-Bollinger Nickel Deposit Ingredients
Nova-Bollinger Nickel Deposit Ingredients Nova Stratigraphic Control Octagonal Stratigraphic Control For personal use only ▪ Identical hanging wall and footwall stratigraphic sequence as Nova ▪ Meta-conglomerate horizon identified ▪ Octagonal Intrusion has been intruded at the same stratigraphic lev
Slide 15: What next? High Power Fixed Loop EM
What next? High Power Fixed Loop EM For personal use only ▪ Very minor graphite identified to date by drilling ▪ Forward modelling suggests excellent conditions for HPFLTEM ▪ 2,000m x 1,000m loop design ▪ Deep-seeing EM (+1,000m) ▪ Survey acquisition underway ▪ Targets to be reconciled with 3D seism
Slide 16: Mawson Ni-Cu-Co Deposit
Mawson Ni-Cu-Co Deposit Maiden MRE (JORC 2012) For personal use only ▪ 28,200t metal* ▪ Shallow (65m-305m) ▪ Excellent metallurgy ▪ Level 1 F&F completed ▪ Mineralisation remains open ▪ Seismic reprocessing ▪ Foundation on which to grow MAWSON MINERAL RESOURCE ESTIMATE (JORC 2012) – February 2023 Cl
Slide 17: Mawson Seismic
Mawson Seismic For personal use only ▪ 3D seismic data reprocessing completed ▪ Using SensOre AI technology to fingerprint Mawson ▪ Target generation underway LEGENDMINING.COM.AU Legend Mining 17
Slide 18: Regional Rockford
Regional Rockford For personal use only LEGENDMINING.COM.AU Legend Mining 18
Slide 19: Exploration Schedule CY Q3 & Q4 2023
Exploration Schedule CY Q3 & Q4 2023 2023 Jul Aug Sep Oct Nov Dec For personal use only Mawson Prospect Statutory Approvals Geophysics Reprocessed Seismic Modelling Target Generation Diamond Drilling Octagonal Statutory Approvals Geophysics DHTEM & Petrophysics HPFLTEM Target Generation Diamond Dril
Slide 20: Thank You
For personal use only Thank You Oliver Kiddie Managing Director LEGENDMINING.COM.AU ASX: LEG