Legacy Minerals Holdings Limited · ASX:LGM
Legacy Minerals — NWR Explorers Conference (September 2022)
34 slides from Legacy Minerals's conference presentation, Sep 13, 2022
Slide 1: Focused on Gold and Copper in the Lachlan Fold Belt
For personal use only FOCUSED ON GOLD AND COPPER IN THE LACHLAN FOLD BELT COMPANY PRESENTATION SEP 2022 ASX: LGM
Slide 2: Disclaimer
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 For personal use only forward-looking statements reflect var
Slide 3: Why Legacy Minerals?
WHY LEGACY MINERALS? For personal use only IMMEDIATE Au-Cu DISCOVERY PRIME POSITION WITH THE RIGHT EXPOSURE EXPOSURE • Bauloora – NSW’s largest • High grade and shallow Au, Ag, and Cu underexplored Au/Ag epithermal exploration targets • Cobar – in the center of the prolific • Value creation through
Slide 4: Why New South Wales?
WHY NEW SOUTH WALES? For personal use only LEGACY MINERALS’ TENEMENTS World renowned mining district • Home to Australia’s largest gold mine Low sovereign risk, mining infrastructure, local skilled workforce Year round exploration access Home to significant metal endowment: • 107.6 Moz and 20.2 Mt o
Slide 5: Corporate Snapshot
ASX:LGM CORPORATE SNAPSHOT DIRECTORS For personal use only CAPITAL STRUCTURE1 ISSUED CAPITAL Investment banker with over 40 experience. Has held Dr David Carland ASX Share Price $0.16 senior positions at UBS, Bankers Trust, CRA (now Rio Tinto). Non-Executive David was recently the Non-Executive Chai
Slide 6: Bauloora: largest underexplored low sulphidation epithermal in NSW
For personal use only The largest underexplored Bauloora low sulphidation epithermal in NSW Au-Ag ASX: LGM
Slide 7: Regional Setting
REGIONAL SETTING NSW - home to several large low-sulphidation systems For personal use only • Cowal, Evolution Mining, ~15Moz1 • ‘Gold Zone’ defined by 7.5 x 2km of >0.1g/t Au • Bowdens, Silver Mines 275Moz Ag Eq • One of the worlds largest undeveloped silver deposits • Mineral Hill, Kingston Resour
Slide 8: Rock Textures
ROCK TEXTURES For personal use only Sample 2965: 16.25g/t Au, 162g/t Ag, Sample 3926: 1.56g/t Au, 464g/t Ag, 114ppm Sb matrix supported silicified 116ppm Sb colloform-crustiform chaotic breccia with vuggy opaline quartz chalcedony-quartz-carbonate vein infill and suspected hypogene hematite High lev
Slide 9: Primed for a Major Discovery
PRIMED FOR A MAJOR DISCOVERY Bauloora Gold Zone For personal use only District scale – 330km2 license area • 42km2 zone of hydrothermal alteration • 24km2 low sulphidation vein field • 11km2 gold zone Untested potential • Previously unrecognised opportunity • 1 drill hole every 75ha, average depth 8
Slide 10: Vein Fields Scale Comparison
Vein Fields SCALE COMPARISON For personal use only • The Bauloora vein field is of similar scale to typical multi-million oz vein fields found globally • The Company is actively stepping out and mapping the system and it is currently open in all directions 10
Slide 11: Bauloora Epithermal System
BAULOORA EPITHERMAL SYSTEM For personal use only Interpreted depositional setting for rock sock samples. 11
Slide 12: High Grade Drill Results
HIGH GRADE DRILL RESULTS Mt Felstead Prospect For personal use only • 9m at 8.4g/t Au Eq. from 145m inc. 2m at 24.1g/t Au Eq. from 148m ( • 3m at 7.1g/t Au Eq. from 149m Mee Mar Prospect • 3m at 5.8g/t Au Eq. from 69m (HB1) • 5m at 1.8g/t Au Eq. from 70m (HB4) Breccia Sinter Prospect • 6m at 0.95g/t
Slide 13: Mt Felstead Prospect
ASX:LGM MT FELSTEAD PROSPECT For personal use only High Grades Intercepted in Maiden Drill Campaign1 • 9m at 8.4g/t Au Eq. from 145m inc. 2m at 24.1g/t Au Eq. from 148m • 3m at 7.1g/t Au Eq. from 149m Excellent Metallurgical Recoveries2 • Up to 99.6% Ag, 93.6% Au, 99.1% Cu, 98.9% Pb and 99.2% Zn (ro
Slide 14: Mee Mar Prospect – >2km Strike Length
MEE MAR PROSPECT – >2km Strike Length Bonanza Grades at Surface For personal use only • Rock chips up 39.1g/t Au, 467g/t Ag, 1,810ppm Sb, 39ppm Hg Significant Scale • Qtz-Cal-Adularia and breccia Au bearing veins that strikes for >2km • Significant untested potential Best Surface Gold Results Undril
Slide 15: Cobar: Positioned in the Heart of the Cobar Basin
For personal use only Positioned in the Heart Cobar of the Cobar Basin Au-Cu (Zn-Pb) ASX: LGM
Slide 16: Primed for Discovery
PRIMED FOR DISCOVERY • World class jurisdiction seeing continued exploration success For personal use only • Less than 10km from Metals Acquisition Corp’s CSA Mine (recently purchased from Glencore for $1.1B USD) • Underpins the value growth of the company • Proximity to infrastructure and skilled m
Slide 17: Prime Position in Rockley
For personal use only Prime position in Rockley Australia’s premier Cu-Au porphyry district Cu-Cu ASX: LGM
Slide 18: Rockley-Gulgong – An Emerging Porphyry District
ASX:LGM ROCKLEY-GULGONG – An emerging porphyry district Rockley - porphyry potential For personal use only • Classic porphyry magnetic signature - central magnetic high surrounded by a doughnut shaped magnetic low, on NW-SE fault, coincident with a discrete potassic high and widespread Au-Cu anomali
Slide 19: Fontenoy and Mulholland: Artificial Intelligence Alliance
For personal use only Fontenoy Cu-Au-Ni-PGE At the exploration forefront with Artificial Intelligence Alliance Mulholland Sn-Ni-Cu-Co ASX: LGM
Slide 20: Strategic Alliance to Explore Battery Metals
ASX:LGM Strategic Alliance to Explore Battery Metals1 For personal use only Why Artificial Intelligence Who are Earth AI and what is artificial intelligence? • Demand vs supply – discovery rates are falling • AI will be a disrupters of traditional exploration models • Utilise artificial intelligence
Slide 21: Alliance Projects: Cu-Ni-Sn-Au Focused
ASX:LGM Alliance Projects: Cu-Ni-Sn-Au Focused Fontenoy Mulholland Fontenoy For personal use only • Large Volcanic hosted massive sulphide copper and gold 28km system • Untested PGE potential • Multiple wide Au and Cu drill intercepts from surface Mulholland • Emerging tin-copper and nickel district
Slide 22: Planned Exploration Program
ASX:LGM PLANNED EXPLORATION PROGRAM Q1 For personal use only Q3 Bauloora - RC Q4 Q1-Q3 Harden - RC Drill Campaign Bauloora - Diamond Bauloora - RC Drill Campaign Drill Campaign Drill Campaigns Q3-Q4 2022 Q4 Fontenoy Mulholland DRILLING Harden – follow up DD Earth AI data reviews, Drill Campaign geol
Slide 23: Investment Proposition and Contact
INVESTMENT PROPOSITION CONTACT For personal use only District scale gold discovery opportunity – Bauloora ASX:LGM Value leveraged to exploration success Chris Byrne Depth of projects in a Tier 1 CEO and Managing Director District chris.byrne@legacyminerals.com.au +61 (0) 499 527 547 Focused on deliv
Slide 24: Appendix I - Projects
APPENDIX I - PROJECTS For personal use only COBAR ROCKLEY HARDEN
Slide 25: Cobar – Prime Position
COBAR – Prime Position For personal use only Structural complexity – Geochemically Mineralisation pathways anomalous Great land access, surrounded by mills and Geophysically anomalous infrastructure A B 1 ASX: LGM 9 SEP Prospectus dated 28 July 2021 25
Slide 26: Rockley – Cu-Au Porphyry Model
ASX:LGM ROCKLEY – Cu-Au porphyry model Bushranger Cu-Au Porphyry Related Analogue For personal use only • Discrete magnetic low in area of interest • Coincident district potassic anomaly • Coincident geochemical signatures Preservation Evidence Quartz after platy calcite (Rockley Quartz Prospect) •
Slide 27: Rockley – Growing Au-Cu Story
ASX:LGM ROCKLEY – Growing Au-Cu story Overlooked and untested For personal use only • District proven to host significant porphyry mineralisation • Limited geochemistry sampling and geophysical surveys across the tenement • Scarcity of drilling across the tenement • Only 22 RAB historical holes in s
Slide 28: Harden – District Control
HARDEN – District Control • District has produced ~460,000 oz of gold1 with the two largest historical hard For personal use only rock mines held within LGM’s tenements • These two mines produced ~75,000 oz Au at 28.6g/t Au1 High-grade drill intercepts1, 2 • 5m at 7.06g/t Au from 110m incl. 2m at 17
Slide 29: Appendix II – JORC Tables
APPENDIX II – JORC TABLES For personal use only
Slide 30: JORC Table: Sampling Techniques and Data
Section 1 Sampling Techniques and Data Criteria JORC Code Explanation Commentary Nature and quality of sampling (e.g., cut channels, RC Sampling: RC drilling and sampling was undertaken by Durock Drilling Pty Ltd. All samples from the RC drilling are taken as 1m samples for laboratory assay. Samples
Slide 31: JORC Table: Logging and Sampling
Whether core and chip samples have been Geological logging is carried out on all drill hole chips with lithology, alteration, mineralisation, structure and veining recorded where possible to levels of detail appropriate geologically and geotechnically logged to a level for that which is reported on.
Slide 32: JORC Table: Verification of Sampling and Assaying
The verification of significant intersections by Significant intersections are verified by the Company’s technical staff. either independent or alternative company personnel. The use of twinned holes. No twinned holes have been planned for the current drill programme. Verification of Documentation o
Slide 33: JORC Table: Reporting of Exploration Results
Section 2 Reporting of Exploration Results Criteria JORC Code Explanation Commentary Type, name/reference number, location and ownership including agreements or material The Bauloora Project is comprised of EL8994. The license is owned 100% by Legacy Minerals Pty Ltd (a fully owned subsidiary of Leg
Slide 34: JORC Table: Data Aggregation Methods
Data In reporting Exploration Results, weighting averaging techniques, maximum and/or Significant intervals defined using >=0.2g/t Au or >=10g/t Ag or >=0.25% Cu, >=0.25% Pb+Zn, >=1m downhole width, and <=1m internal waste. aggregation minimum grade truncations (e.g., cutting of high grades) and cut
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