Legacy Minerals Holdings Limited · ASX:LGM
Legacy Minerals — RSS Adelaide 2024
24 slides from Legacy Minerals's conference presentation, Apr 4, 2024
Slide 1: Drilling for a Breakthrough Discovery
For personal use only Drilling for a Breakthrough Discovery 79 29 Au Cu Christopher Byrne CEO and Managing Director RSS Adelaide 4 April 2024 chris.byrne@legacyminerals.com.au +61 (0) 499 527 547
Slide 2: Disclaimer
2 Disclaimer This presentation may contain certain statements and projections provided by or on behalf of Legacy Minerals Holdings Limited (ASX: LGM, Legacy Minerals, or the Company) with respect to the anticipated future undertakings. These forward-looking statements reflect various assumptions by
Slide 3: Legacy Minerals Assets
3 Legacy Minerals Assets Lachlan Fold Belt – A World Class Mining District Drilling Campaigns in 2024 For personal use only Black Range Au-Ag LGM 100% Bauloora Au-Ag Fontenoy Ni-Cu-PGE-Au Glenlogan Cu-Au Drill Targeting Drake Au-Cu LGM 100% Cobar, Rockley, Harden LGM 100% Map of central NSW showing
Slide 4: Company Overview
4 Company Overview1 Share Price $0.15 Market Cap Shares Outstanding $15.8M 105M For personal use only 0.25 10000000 Share Price $AUD 9000000 0.2 8000000 Cash - 1 Jan 24 Debt Top 20 Volume 7000000 0.15 6000000 $3.2M* Nil 46% 5000000 0.1 4000000 3000000 0.05 2000000 1000000 0 0 Joint Venture Funding $
Slide 5: The Legacy Minerals Investment Case
5 The Legacy Minerals Investment Case Drilling for Breakthrough Discoveries 1. Multiple share price catalysts with a low market cap For personal use only • Targeting large gold and copper systems with 4 upcoming drill campaigns • $15.8M market cap means exposure to growth 2. Focused on gold and copp
Slide 6: Where partnerships have delivered significant returns
6 Where partnerships have delivered significant returns Newcrest JV at Havieron’s delivered exceptional growth through discovery for Greatland Gold shareholders Greatland Gold Share Price 3 Year Period (> x 10) Greatland – Newcrest JV1 For personal use only • $60M for 70% over 7 years • Greatland to
Slide 7: Black Range
Black Range Drilling a high-grade gold target For personal use only
Slide 8: Black Range
Black Range 8 100% ownership of a large underexplored epithermal system District scale control – 905km2 license Black Range Project Main Prospects For personal use only • Newcrest were the last to complete significant exploration over 30 years ago 1 • Newcrest relinquished the ground in 1992 (Cadia
Slide 9: Targeting High Grade Gold
9 Targeting High Grade Gold Undrilled coincident pathfinder element targets • The latest soil sampling results at Sugarbag Hill have mapped1: • A 3.5km x 1.2km zone of elevated low-sulphidation epithermal Au-Ag For personal use only pathfinder elements • 2.2km long gold trend >20ppb Au (up to 296ppb
Slide 10: Bauloora
Bauloora Large scale programs underway and fully funded For personal use only
Slide 11: Bauloora: Targeting a Tier-1 Epithermal Deposit
Bauloora 11 Targeting a Tier-1 Epithermal Deposit Bauloora Project 27km2 Primary Vein Field Upcoming drilling campaigns • Ongoing discovery exposure For personal use only Newmont Joint Venture ($15M)1 • Discovery focused joint venture • LGM option for 20% loan carried to production District scale co
Slide 12: Unpacking a district scale gold system
12 Unpacking a district scale gold system Large scale, fully funded generative works1 High-grades across a wide area2 • Audio Frequency Magnetotelluric Survey (AMT) The Mt Felstead Prospect (2022 drilling): For personal use only • Ground Gravity Survey 9m at 2.0g/t Au, 28.4g/t Ag, 0.16% Cu, and 9.
Slide 13: Fontenoy
Fontenoy Artificial Intelligence PGE-Ni-Cu Discovery For personal use only
Slide 14: Reaping the reward of Artificial Intelligence
14 Reaping the reward of Artificial Intelligence EarthAI Strategic Alliance Discovery Drillhole – February 20241 • 34m at 0.5g/t 3E PGE* including a higher grade zone of: For personal use only • 10m at 1.2g/t 3E PGE, 0.2% Ni and 891ppm Cu from 388m down-hole. Unlocked potential for magmatic-related
Slide 15: Artificial Intelligence Driven Discovery
15 Artificial Intelligence Driven Discovery Widespread Cu-Au and Ni-Cu-PGE anomalism with limited drilling testing 1 Earth AI Strategic Alliance putting LGM at the exploration forefron1 For personal use only • Exposure for LGM shareholders to the proprietary artificial intelligence owned by Earth AI
Slide 16: Glenlogan
Glenlogan A Tier-1 Cu-Au porphyry target For personal use only
Slide 17: Targeting a Copper-Gold Porphyry Giant
17 Targeting a Copper-Gold Porphyry Giant Partnership with S2 Resources Tier-1 Cadia-style porphyry target • Planning underway for testing the target in 2024 For personal use only Rio Tinto did not drill test • Rio Tinto last held in the ground in 1994 and did not drill test the target due to modell
Slide 18: Drake
Drake Extensive Underexplored Cu-Au mineral system For personal use only
Slide 19: Unlocking a massive Gold-Copper system
19 Unlocking a massive Gold-Copper system ‘Legacy’ project with new exploration vision and approach • Historical focus on mining has left behind great targets An untested copper opportunity For personal use only • Extensive copper oxide potential across several kilometers • Drilling includes: • 18.6
Slide 20: Extensive high-grades demonstrate potential
Extensive high-grades demonstrate potential Why we are here: right grades and right textures For personal use only • 8m at 16.92g/t Au, 17g/t Ag, 0.53% Cu, 1.45% Pb and 6.89% Zn, from 52m (RED003)1 • 118m at 1.71g/t Au, 6.9g/t Ag, 0.1%Cu and 1.12% Zn from 2m (KYDD003) 2 • 16m at 5.8% Cu from 58m and
Slide 21: Drilling across multiple projects Focused on gold and copper
For personal use only Drilling across multiple projects Focused on gold and copper Secured funding with The right connections multiple price catalysts PRESENTED BY Christopher Byrne Chris Byrne CEO – CEO andand Managing Managing Director Director chris.byrne@legacyminerals.com.au +61 (0) 499 527 547
Slide 22: Appendices – Endnotes
22 Appendices – Endnotes Slide 3, Slide 8, Slide 11 1 Alkane Resources Kaiser Resource Estimate of ~4.7M Gold Equivalent 27 February 2023; 2 Silver Mines, Ord Minnett East coast Mining Conference, March 2023; 3 Alkane Resource and Reserve Statement FY22, 9 September 2022; 4 Newcrest Mining Annual Mi
Slide 23: Appendices – Endnotes (continued)
23 Appendices – Endnotes (continued) Slide 6:1 Greatland Gold, greatlandgold.com/wp-content/uploads/2023/08/2023.08.07-Greatland-Diggers-Dealers-Presentation.pdf, greatlandgold.com/wp- content/uploads/2022/09/22092022-GGP-Corporate-Update-Sep-2022-vfinal.pdf 2: ASX LGM: 5 April 2023 Newmont Farm-in
Slide 24: Drake Mineral Resource Estimate
24 Appendices – Endnotes (continued) Drake Mineral Resource Estimate as at 26 March 2024 Grade Metal Resource Deposit Tonnes Classification Au (g/t) Ag (g/t) Zn (%) Cu (%) Au (koz) Ag (koz) Zn (kt) Cu (kt) (Mt) For personal use only Indicated (JORC 2012) 2.2 1.48 1.74 0.49 0.08 105 123 10.7 1.7 Stra