Lachlan Star Limited · ASX:LSA
Lachlan Star — Bell Potter Unearthed (February 2026)
14 slides from Lachlan Star's conference presentation, February 2026
Slide 1: High-Grade Gold in the Norseman District
HIGH-GRADE GOLD IN THE NORSEMAN DISTRICT Transformational Acquisition Leveraged to Exploration Success BELL POTTER UNEARTHED February 2026 ANDREW TYRRELL CEO ASX: LSA
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 uncertainties. These statements are
Slide 3: Positioned for High-Impact Growth
Positioned for High-Impact Growth Strategic Portfolio Expansion; ➢ New Waverley acquisition - a high-quality, high-grade gold asset in the Norseman region ➢ Includes newly granted Mining Leases, with excellent access ➢ Consolidated strategic foothold with ~250km2 Norseman - Tier-1 Jurisdiction; ➢ A
Slide 4: New Waverley - Overview
New Waverley - Overview A Transformational Acquisition Permits in Place, Supports Commencement of Drilling • Newly granted Mining Leases hosting high-grade stacked vein system (quartz reefs) and historical open pit workings/stockpiles. • Immediate priority to drill extensions to (unmined) shallow, h
Slide 5: ASX: LSA
(1) See ASX announcement dated 4 February 2026 – Appendix A, Table 1 – Table of Significant Drilling Intercepts ASX: LSA 5
Slide 6: ASX: LSA
(1) See ASX announcement dated 4 February 2026 – Appendix A, Table 1 – Table of Significant Drilling Intercepts ASX: LSA 6
Slide 7: New Waverley
New Waverley Right address, right structure, right rocks Analogous to Deposits of the Norseman Goldfields • Setting comparable to Pantoro’s Crown–Mararoa and Princess/North Royal deposits. • Richly endowed mafic host rocks of the Woolyeenyer Fm. • Mineralisation controlled by north–south shears and
Slide 8: New Waverley
New Waverley Consolidated and strategic, highly prospective tenement package Proven Fertility of the Norseman District • Within the Norseman Domain (+6Moz Au)(1) • Excellent access; Near major operations and processing plants. Fundamental Structural Framework • Proximal to Zuleika Shear (>20Moz Au);
Slide 9: Killaloe Project
Killaloe Project New Waverley acquisition builds a district foothold, complementary to Killaloe Project • Multiple gold-bearing zones identified and remain open • EIS Govt co-funding ($118k) secured for future drilling • Heritage clearances progressing to support step-out drilling • Significantly un
Slide 10: Duke Main Zone… wide gold intercepts remain open!
Duke Main Zone… wide gold intercepts remain open! ASX: LSA See ASX Announcement dated 26 February 2025, 19 June 2025, 28 July 2025, 13 August 2025 and 24 November 2025 10
Slide 11: Next Steps
Next Steps CONTINUE TO DRIVE A STRATEGY OF DISCOVERY THROUGH THE DRILL BIT NEW WAVERLEY ➢ Undertake commencement of exploration around historical high-grade gold drill intercepts & quartz reef system ➢ Exploration activities to include: ➢ Sampling of untested quartz veins in recently exposed costean
Slide 12: Corporate Snapshot
Corporate Snapshot Tightly held and funded, with strong leverage to exploration success CAPITAL STRUCTURE MANAGEMENT BOARD Share Price (06/02/2026) $0.084 Andrew Tyrrell Gary Steinepreis Shares on issue 295,823,195 Chief Executive Officer Non-Executive Chairman Geologist with 24+ years experience in
Slide 13: Value Proposition & Key Takeaways
Value Proposition & Key Takeaways DRIVING A STRATEGY OF DISCOVERY THROUGH THE DRILL BIT DRILLING TO COMMENCE AT NEW WAVERLEY - SHALLOW HIGH-GRADE GOLD POTENTIAL IN THE NORSEMAN DISTRICT HIGH-IMPACT PORTFOLIO AIMED AT GOLD & COPPER TECHNICALLY STRONG TEAM BACKED BY KEY CORNERSTONE INVESTORS Leveraged
Slide 14: Contact Details
CONTACT DETAILS Andrew Tyrrell Chief Executive Officer andrew.tyrrell@lachlanstar.com 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://www.linkedin.com/company/lachlanstarlimited