Lachlan Star Limited · ASX:LSA
Lachlan Star — Investor Presentation (August 2024)
19 slides from Lachlan Star's investor presentation, Aug 15, 2024
Slide 1: Unlocking New Discoveries in the World-Class Lachlan Fold Belt, NSW
For personal use only UNLOCKING NEW DISCOVERIES IN THE WORLD-CLASS LACHLAN FOLD BELT, NSW Investor Presentation ASX: LSA August 2024
Slide 2: Important Information
IMPORTANT INFORMATION The information contained in this presentation has been prepared by Lachlan Star Limited (Company). For personal use only To the maximum extent permitted by law, the Company and their related bodies corporate, affiliates and each of their respective directors, officers, partner
Slide 3: Highlights
HIGHLIGHTS For personal use only Emerging high-grade copper system at Basin Creek, NSW, in a premier mining jurisdiction A strategically located first-class exploration portfolio Disciplined, cost effective targeting and a boots-on- ground exploration focus is delivering results Well-credentialled B
Slide 4: Portfolio: Our Focus Projects
PORTFOLIO For personal use only OUR FOCUS PROJECTS New South Wales – Gold and Copper • Exciting portfolio of exploration projects • Highly endowed mineral provinces near producing mines • Potential for world-class gold and copper discoveries Mineral Resources sourced from the relevant Company public
Slide 5: Junee – Basin Creek Prospect: Emerging high-grade copper opportunity
JUNEE – Basin Creek Prospect (LSA 100%) Emerging high-grade copper opportunity For personal use only • Premier mining destination - endowed gold and copper mineral province • Project located along the Gilmore Suture Zone - metal-rich structural corridor • Project contains encouraging gold and copper
Slide 6: Near-surface, high-grade copper drill target
JUNEE – Basin Creek Prospect (LSA 100%) Near-surface, high-grade copper Drill Target For personal use only • Comprehensive review of 50-year-old historic data including physical inspection of drill core1 • Semi-massive high-grade sulphide (chalcopyrite) shoots within broader disseminated copper syst
Slide 7: Basin Creek schematic cross sections
JUNEE – Basin Creek Prospect (LSA 100%) Basin Creek Prospect: Schematic cross sections (looking towards 350o) through high-grade copper (chalcopyrite) system For personal use only DEEPEST DRILLHOLE / DOWN-PLUNGE INTERSECTION LSA 7
Slide 8: Emerging high-grade copper value proposition
JUNEE – Basin Creek Prospect (LSA 100%) Emerging high-grade copper value proposition For personal use only • Prospect is fully permitted and ready to drill in early Q4 TDH01 4.6 metres at 18.54 % Cu from 57.9 metres1 massive chalcopyrite (copper sulphide) - tarnished by length of time in core tray P
Slide 9: Basin Creek isometric view with historic drill collars
JUNEE – Basin Creek Prospect (LSA 100%) Basin Creek Prospect: Isometric view, looking northeast, with historic diamond drill collars shown For personal use only LSA 9
Slide 10: Basin Creek isometric view with surface copper geochemistry
JUNEE – Basin Creek Prospect (LSA 100%) Basin Creek Prospect: Isometric view, looking northeast, with surface copper geochemistry in ppm For personal use only LSA 10
Slide 11: North Cobar: Targeting discovery in the Cobar Copper District
NORTH COBAR (LSA 100%) Targeting Discovery in the Cobar Copper District For personal use only • Highly endowed copper-gold and lead-zinc district Knights Galahad Tank • Renewed interest in region's mineral potential • Structure is key to unlocking more discoveries • Basin margin faults and intersect
Slide 12: Cobar-style systems – key targeting criteria
NORTH COBAR (LSA 100%) Cobar-style systems - Key Targeting Criteria For personal use only Galahad • Gravity highs – may represent broad alteration systems and addition of metals Knights Tank • Magnetic lows and highs - changes in geology due to hydrothermal alteration • Faults - plumbing pathway for
Slide 13: North Cobar: Galahad prospect
NORTH COBAR (LSA 100%) Galahad prospect For personal use only Galahad Knights Tank Endeavor Rookery Fault Zone PRIORITY DRILL Knights Tank prospect TARGETS CSA Mine Peak Mine Schematic structural framework and deposit locations Gravity 3D density contrast Iso-Shells (up to 0.14 g/cc) LSA on magnetic
Slide 14: Bauloora North: Exploring Australia's Gold-Copper Heartland
BAULOORA NORTH (LSA 100%) For personal use only Exploring Australia’s Gold-Copper Heartland • Under-explored region of the Lachlan Orogen • 110Moz gold and 19Mt copper in current resource and past production1 • Newmont (ASX:NEM) managed $15M farm-in agreement with Legacy (ASX:LGM) supports Tier-1 di
Slide 15: Bauloora North: Emerging low sulphidation gold targets
BAULOORA NORTH (LSA 100%) For personal use only Emerging low sulphidation gold targets • Target areas delineated through mapping • Key alteration and textures along trend of gold- silver epithermal system • Large cumulative > 50sqkm alteration field • Elevated gold-arsenic-antimony (Au-As-Sb) and co
Slide 16: Corporate Overview
CORPORATE OVERVIEW For personal use only CAPITAL STRUCTURE MANAGEMENT Share Price (14/08/24) $0.07 Andrew Tyrrell Alan Hawkins Chief Executive Officer Exploration Manager Shares 207,573,195 Geologist with 20+ years experience in the minerals Geologist for 25+ years in the minerals industry with a in
Slide 17: Key Takeaways
KEY TAKEAWAYS For personal use only Basin Creek - high-grade copper intercepts in historic core identified, fully permitted and ready to drill in early Q4 North Cobar - coincident mag-gravity drill targets along trend of CSA & Endeavor, in a metal-rich corridor Bauloora North - emerging low sulphida
Slide 18: Contact Details
CONTACT DETAILS For personal use only Andrew Tyrrell Chief Executive Officer andrew.tyrrell@lachlanstar.com Lachlan Star Limited 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://
Slide 19: Competent Person's Statement
COMPETENT PERSON’S STATEMENT For personal use only The Information in this presentation that relates to Exploration Results for the Basin Creek Project is extracted from the ASX Announcement titled: “High-Grade Copper Drill Targets Defined at Basin Creek - Junee Project, NSW” released on 15 August 2