Slide 1: A Well-Funded Explorer in the Fraser Range
For personal use only A WELL-FUNDED EXPLORER IN THE FRASER RANGE July / August 2016 Investor Presentation ASX:LEG
Slide 2: Disclosure
For personal use only DISCLOSURE This is not a disclosure document. Any material used in this presentation is a summary of selected data, and any investor in Legend Mining Limited should refer to all Legend Mining Limited ASX releases and statutory reports before considering to invest in the company
Slide 3: About Legend
For personal use only ABOUT LEGEND ASX listed exploration company Market capitalisation ~$18.3M (2B shares @ 0.9c) Cash and liquids ~$8.5M as at 30 June 2016 (+$3M @ 4% December 2016) Fraser Range – Rockford Project Chairman Managing Director Exec. Director - Technical Company Secretary 3 Mi
Slide 4: Project Location
PROJECT LOCATION For personal use only • Located in northern Fraser Range district • Acquisition date – 09/2015 • 120km NE of Nova 100km S of Tropicana • 100% within Fraser Zone (18% of total area) • Infrastructure access Project potential for - Nova style Nickel-Copper - Tropicana style Gold 4
Slide 5: Exploration Activities
EXPLORATION ACTIVITIES Systematic Strategy For personal use only • Six target areas tested with MLTEM surveys • Seven conductors identified 5 at Area D / 1 at Area E / 1 at Area F • Five RC drillholes for 1,160m completed at Area D • FLTEM and DHTEM surveys completed at Area D • Two diamond drillhol
Slide 6: Area D – Moving Loop Electromagnetic Surveys
AREA D – MOVING LOOP ELECTROMAGNETIC SURVEYS AREA D For personal use only • Five conductors identified associated with gravity feature • RC drillholes tested conductors D1, D2 & D4 • D1 explained – 22m graphite schist from 174m • D4 explained – DHTEM and assays • FLTEM at D2 and D5 6 ROCKFORD PROJEC
Slide 7: Area D – Fixed Loop Electromagnetic Surveys
AREA D – FIXED LOOP ELECTROMAGNETIC SURVEYS AREA D For personal use only • Three new conductors ( D6, D7 & D8) • Two diamond drillholes tested conductors • Drillholes intersected Cumulate gabbro with disseminated sulphides Pyrrhotite (Fe) with minor pentlandite (Ni) and chalcopyrite (Cu) • Core
Slide 8: Rockford Prospectivity for Discovery - Gravity
ROCKFORD PROSPECTIVITY FOR DISCOVERY - GRAVITY • Fraser Zone defined For personal use only by major gravity “ridge” • Represents increased density due mafic and ultramafic intrusives: Host rocks for Ni-Cu mineralisation • Several “hot spots” within gravity ridge • Nova and Area D both lie on the nor
Slide 9: Rockford Prospectivity for Discovery - Lithology
ROCKFORD PROSPECTIVITY FOR DISCOVERY - LITHOLOGY Legend Drillhole RKDD002 For personal use only Similarities to Nova • Upper & lower gabbro units • Sulphidic metasediment and granulite sequence (sulphur source) • Gabbro with cumulate texture containing disseminated pyrrhotite and minor pentlandite-c
Slide 10: Rockford Prospectivity for Discovery - Drill Core
ROCKFORD PROSPECTIVITY FOR DISCOVERY - DRILL CORE Stringer/disseminated pyrrhotite with minor For personal use only chalcopyrite in mafic granulite/metasediment - Potential source of sulphur - RKDD001: 566.8m Stringer/disseminated pyrrhotite with pentlandite in mafic granulite/metasediment - Unit li
Slide 11: Future Programmes
FUTURE PROGRAMMES For personal use only Full review of Area D exploration results, incorporating drilling, EM, gravity and aeromagnetic data: Integration with existing datasets Infill gravity survey to assist target selection Regional MLTEM surveys and regional aircore drilling ~5,000m THANK Y
Slide 12: Rockford Project
ROCKFORD PROJECT For personal use only 12 ROCKFORD PROJECT