Lefroy Exploration Ltd. · ASX:LEX
Lefroy Exploration — Noosa Mining Conference 2023
23 slides from Lefroy Exploration's conference presentation, Jul 19, 2023
Slide 1: Noosa Mining Conference Presentation
NOOSA MINING CONFERENCE PRESENTATION Wade Johnson Managing Director 19 JULY 2023 ASX: LEX
Slide 2: Disclaimer
Disclaimer This presentation contains summary information about Lefroy Exploration Limited (LEX) and is current as of 19 July 2023. It does not represent an offer of securities for subscription or sale in any jurisdiction nor a securities recommendation. The information contained in this presentatio
Slide 3: Exploration Portfolio
EXPLORATION PORTFOLIO LEFROY GOLD PROJECT (635km2) Company’s flagship project with commanding land package <50km from Kalgoorlie, comprised of: • Eastern Lefroy Project (100% LEX) • Mt Martin (gold) • Burns (gold copper) • Goodyear (nickel) • Western Lefroy Project (Gold Fields Ltd JV) LAKE JOHNSTON
Slide 4: Highlights: Lefroy Surpasses 1Moz Gold
HIGHLIGHTS: Lefroy Surpasses 1Moz GOLD LEFROY GOLD PROJECT 1.1Moz <70km 635 km2 Resources include 501 Koz gold at Proximal to Kalgoorlie Commanding land package holds Mt Martin Gold Mine, 500 Koz gold and Kambalda gold 50km of strike on 100% owned and 58kt Cu at Burns Central deposit and nickel dist
Slide 5: Location 45: A Transformational Acquisition
LOCATION 45: A Transformational Acquisition MINERALS MINERALS LOCATION LOCATION KEY KEYFOCUS FOCUS LAND LANDPACKAGE PACKAGE Gold Gold Kalgoorlie Terrane Kalgoorlie Terrane MtMartin Mt MartinAu AuMine Mine 76km 76km 2 2 Nickel Nickel Goodyear GoodyearNiNiDeposit Deposit ACQUISITION DETAILS* • Mineral
Slide 6: Location 45: Mt Martin Gold Mine
LOCATION 45: Mt Martin Gold Mine MINERALS MINERALS LOCATION LOCATION KEY KEY FOCUS FOCUS LAND LANDPACKAGE PACKAGE Gold Kalgoorlie Terrane Mt Martin Au Mine 76km 2 2 Gold Kalgoorlie Terrane Exploration & 76km Nickel Goodyear Ni Deposit Development MT MARTIN GOLD MINE • Underground operation in 1980’s
Slide 7: Location 45: Mt Martin Gold Mine
LOCATION 45: Mt Martin Gold Mine Isometric projection of Mt Martin gold resource, existing pit shell, Mt Martin open pit, last mined in 2009 for 743kt @1.5g/t gold underground workings (Looking south-east): (Looking south) INVESTOR PRESENTATION | May 2023 7
Slide 8: Location 45: A New Growth Opportunity
LOCATION 45: A New Growth Opportunity Priority next steps: 3 v 2v ADVANCED 1 v REALISE NICKEL PORTFOLIO DRILLING CAMPAIGNS • Strategically VALUE OPTIMISATION explore Mt Martin STUDY • Advance IPO of • Focus on resource • Complete detailed Hampton Metals definition and review of Mt Martin Ltd expansi
Slide 9: Burns Gold-Copper Project
BURNS GOLD-COPPER PROJECT MINERALS MINERALS LOCATION LOCATION KEY KEY FOCUS FOCUS LAND PACKAGE LAND PACKAGE Gold Copper Kalgoorlie Terrane Burns Central Within 386km 2 Eastern 2 Eastern Lefroy Project Gold, Kalgoorlie Terrane Resource expansion Within 312km Copper Exploration growth Lefroy Project S
Slide 10: Burns Exploration Upside
BURNS EXPLORATION UPSIDE MINERALS MINERALS LOCATION LOCATION KEY KEY FOCUS FOCUS LAND PACKAGE LAND PACKAGE Gold Copper Kalgoorlie Terrane Burns Central Within 386km 2 Eastern 2 Eastern Lefroy Project Gold, Kalgoorlie Terrane Resource expansion Within 386km Copper Exploration growth Lefroy Project BU
Slide 11: Lefroy Next Steps
LEFROY NEXT STEPS 1 2 3 4 5 6 v v v v v In-depth review of Mt Martin Gold Drill programs at Update JORC 2004 Identification and IPO of Hampton all resources for Mine historic drill Burns Central for Goodyear nickel planning gold and Metals Ltd potential data collection/ metallurgical test resource t
Slide 12: Corporate Snapshot
CORPORATE SNAPSHOT Lefroy Exploration Limited is a Western Australian focused mineral Shareholder Information – as of 19 July 2023 resources exploration company with the flagship Lefroy Project located near Kalgoorlie. The Company also holds a portfolio of nickel projects held by its wholly owned su
Slide 13: Excellence & Integrity
EXCELLENCE & INTEGRITY Gordon Galt Wade Johnson Michael Davies Tara French NON-EXECUTIVE CHAIRMAN MANAGING DIRECTOR NON-EXECUTIVE DIRECTOR NON-EXECUTIVE DIRECTOR Mining Engineer Geologist Mining Finance Specialist Geologist 25+ years of experience in 25+ years’ experience in 20+ years’ experience in
Slide 14: Thank You
ASX: LEX THANK YOU Level 3, 7 Rheola St West Perth WA 6005 Australia +61 08 9321 0984 lefroyex.com
Slide 15: Competent Person Statement
Competent Person Statement Notes Specific-ASX Announcements Investor Presentation The following announcements were lodged with the ASX (including supporting JORC Reporting Tables) and details for each of the sections noted in this Presentation and can be found in the announcements. Note that these a
Slide 16: JORC 2012 Resource Table
JORC 2012 Resource Table Deposit Indicated Inferred Total Resource Mt Au (g/t) Cu (%) Oz Cu (t) Mt Au (g/t) Cu (%) Oz Cu (t) Mt Au (g/t) Mt*Au Oz Cu (t) Burns Central 32.31 0.38 0.16 394,308 50,253 10.65 0.30 0.08 103,165 8,047 42.96 0.36 15.47 497,472 58,300 Red Dale 0.64 1.21 - 24,660 - 0.03 0.60
Slide 17: Mineral Resources: notes on resources
Mineral Resources : notes on resources Burns Central The Company engaged Measured Group Pty Ltd in 2023 to compile the Burns Central Mineral Resource Estimate. The Company announced the Resource to the ASX on 4 May 2023 and reported in accordance with JORC 2012. The Company confirms there has been n
Slide 18: Appendices
ASX: LEX Appendices Level 3, 7 Rheola St West Perth WA 6005 Australia +61 08 9321 0984 lefroyex.com
Slide 19: Lefroy Gold Project
LEFROY GOLD PROJECT WESTERN LEFROY JV & EARN-IN PROJECT (246km2) • Gold Fields Ltd to earn up to 70% of Project by spending $25m in six years • Stage 1 completed in July 2021 by Gold Fields satisfying $10m spend for 51% interest • Stage 2 underway and requires Gold Fields funding a further $15m by 3
Slide 20: Lefroy Milestones Timeline
LEFROY MILESTONES TIMELINE 3 Discoveries, 3 Mineral Resource Estimates, 2 Outstanding Deals: BURNS DISCOVERY 2019 - FEB 2021 BURNS CENTRAL MAIDEN MRE Awarded E15/1715 in Mines OCT 2022 – MAY 2023 Department competitive ballot Resource RC drill program Maiden RC drill program at and Maiden MRE delive
Slide 21: East Location 45 (freehold parcel)
EAST LOCATION 45 (freehold parcel) MINERALS LOCATION KEY FOCUS LAND PACKAGE Gold Kalgoorlie Terrane Mt Martin Au Mine 76km2 Nickel Goodyear Ni Deposit EAST LOCATION 45 • A rare portion of the freehold Hampton lands in WA < 30km to Kalgoorlie • Acquired from TSX royalty major Franco-Nevada via Minera
Slide 22: Loc 45 Plus a Nickel Deposit
Loc 45 Plus a Nickel Deposit MINERALS MINERALS LOCATION LOCATION KEY KEY FOCUS FOCUS LAND LANDPACKAGE PACKAGE Gold Kalgoorlie Terrane Mt Martin Au Mine 76km 2 2 Nickel Kalgoorlie Terrane Exploration 76km Nickel Goodyear ResourceNidefinition Deposit GOODYEAR NICKEL SULPHIDE DEPOSIT • Unmined with 391
Slide 23: Burns Gold-Copper Project
BURNS GOLD-COPPER PROJECT Ralph INVESTOR PRESENTATION | May 2023 23