Lefroy Exploration Ltd. · ASX:LEX
Lefroy Exploration — Investor Presentation (June 2018)
24 slides from Lefroy Exploration's investor presentation, Jun 12, 2018
Slide 1: Accelerating Exploration in a World Class Gold District
Accelerating Exploration in a World Class Gold District Lefroy Exploration Limited Investor Presentation June 2018 Wade Johnson Managing Director 12 June 2018
Slide 2: Disclaimer
Disclaimer This presentation contains summary information about Lefroy Exploration Limited (LEX) and is current as at 4 December 2017. The information contained in this presentation is of a general nature and does not purport to be complete. This presentation is not investment or financial product a
Slide 3: Company Summary
Company Summary Lefroy Exploration Limited (LEX or Lefroy) controls a major tenement portfolio in the Kalgoorlie Goldfields, Lake Johnston and Murchison districts in Western Australia, with more than 577km2 in the Lefroy Gold Project (LGP) alone Lefroy is targeting high-value gold deposits capab
Slide 4: Corporate Snapshot
Corporate Snapshot Board Corporate Details Gordon Galt – Non Executive Chairman Issued Capital : 64.8 million shares Wade Johnson – Managing Director ASX Restricted Securities: 16.7 million shares Michael Davies – Non Executive Director Options on Issue: 1 million unlisted Geoff Pigott – Non
Slide 5: Project Portfolio
Project Portfolio Targeting high-value gold and nickel deposits capable of being rapidly developed Focus: undertake exploration for gold and nickel in premier areas of the Yilgarn Craton of Western Australia The Lefroy Gold Project: flagship project of 577km2 of contiguous tenements within 50km
Slide 6: Lefroy Gold Project
Lefroy Gold Project Flagship project in a highly gold endowed district of the Eastern Goldfields • Commanding wholly owned large land package within world-class gold producing district • Exploration being accelerated on the western side of the LGP with execution of a $25 million Farm-in and JV with
Slide 7: Lefroy Gold Project-Accelerating Exploration
Lefroy Gold Project-Accelerating Exploration LEX secures a $25million Farm-in and Joint Venture with Gold Fields • Gold Fields to spend $25million in 6 years to earn 70% interest • Area subject to the Farm-in comprises 64% of the total Lefroy Gold Project • Farm-in area covers the prospective Woolib
Slide 8: Western Lefroy-Gold Fields JV
Western Lefroy-Gold Fields JV Key Terms –Farm-in and Joint Venture with Gold Fields • Gold Fields can earn up to a 70% interest in the western tenement package, by spending up to $25 million on exploration within 6 years from commencement of the Agreement Stage 1 farm-in requirements: • Gold Fields
Slide 9: Western Lefroy-JV background
Western Lefroy-JV background • Gold Fields Limited is a globally diversified gold producer with seven operating mines in Australia, Ghana, Peru and South Africa • Gold Fields mining assets in Australia include a 100% interest in the St Ives, Agnew, and Granny Smith mines, and 50% interest in the Gru
Slide 10: Eastern Lefroy - LEX 100%
Eastern Lefroy- LEX 100% Successful exploration has delivered the growing high grade discovery at Lucky Strike and enhances district potential adjacent to the Randalls Processing Plant
Slide 11: Eastern Lefroy - Lucky Strike
Eastern Lefroy- Lucky Strike A new high grade gold discovery with both prospect and district scale opportunities • Three phases of shallow RC drilling have defined gold mineralisation over a 300m strike length • Gold mineralisation hosted by multiple banded iron formation units (BIF) • Core high gra
Slide 12: Lucky Strike: Gold mineralisation within multiple BIF units
Eastern Lefroy- Lucky Strike Gold mineralisation within multiple BIF units and open at depth
Slide 13: Lucky Strike: High grade gold along an emerging structural corridor
Eastern Lefroy- Lucky Strike High grade gold mineralisation along an emerging structural corridor • Lucky Strike prospect is coincident with a linear magnetic high based on regional aeromagnetic data • A detailed ground magnetic survey defined a discrete linear magnetic anomaly over a 500m strike le
Slide 14: Lucky Strike: BIF hosted gold model
Eastern Lefroy- Lucky Strike BIF hosted gold model now provides a greater exploration search space by targeting the magnetic BIF units Image back drop-- Regional Grey Scale TMI 3VD
Slide 15: Lucky Strike: Advancing Exploration
Eastern Lefroy- Lucky Strike Advancing Exploration • Application for Mining Lease lodged • Awarded co funding grant by WA State Government to support the drilling of two deep (400m) drill holes • Expand the limits of the high grade envelope with deeper RC and diamond drilling • Follow up existing ai
Slide 16: Eastern Lefroy-Capstan
Eastern Lefroy-Capstan Enhancing the portfolio---A large undrilled surface gold anomaly next to Lucky Strike • Newly identified, broad, untested surface gold anomaly located adjacent and parallel to the Lucky Strike Trend • Anomalous trend defined from previous explorers auger and soil sampling • An
Slide 17: Capstan: Anomaly straddles the Mt Monger Fault
Eastern Lefroy-Capstan Anomaly straddles the interpreted position of the regional Mt Monger Fault • Projection of the northerly trending fault at Lucky Strike is coincident with higher tenor gold in auger samples • Capstan may represent a subtle surface expression of a bedrock gold system masked by
Slide 18: Eastern Lefroy-Red Dale
Eastern Lefroy-Red Dale Seeking the primary gold source from an impressive large gold in regolith footprint • Characterised by a broad geochemical gold footprint at the base of a palaeochannel over a 1600m strike length • Single phases of aircore and RC drilling completed evaluating palaeochannel to
Slide 19: Eastern Lefroy-Red Dale
Eastern Lefroy-Red Dale • Resource area is immediately north of and adjoins the Randalls Processing Plant site • RC drilling to search for primary bedrock mineralisation intersected gold mineralisation at the base of palaeochannel sediments • The broad anomaly and intersections are reflecting anomal
Slide 20: Eastern Lefroy-Neon
Eastern Lefroy-Neon The Neon* Prospect is located adjacent to the Burns intrusion in Lake Randall Immediately south of Lucky Strike trend and Lucky Bay open pit Lies on the western margin of felsic intrusion that hosts the Burns Au- Cu prospect Gold mineralisation already discovered in bedrock
Slide 21: Growth Projects
Growth Projects Lake Johnston 100% owned Located to the west of Norseman and is north of the Maggie Hays and Emily Ann nickel deposits Prospective for both gold and nickel mineralisation Frodo gold anomaly has been identified as a priority RC drill target Murchison 100% owned Portfolio of gr
Slide 22: Company Summary
Company Summary The Company has a large highly prospective gold tenement package near Kalgoorlie, which complements its other tenement packages at Lake Johnston and in the Murchison District in Western Australia Focused on and committed to the discovery of a new high value gold deposits at the L
Slide 23: Competent Person Statement
Competent Person Statement Notes Specific-ASX Announcements AGM 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 announ
Slide 24: Thank You
THANK YOU Lefroy Exploration Limited Australian Registered Office ARBN 052 123 930 Level 2, 11 Ventnor Avenue Phone +61 8 9321 0984 West Perth WA 6005 Australia Email info@lefroyex.com www.lefroyex.com 24
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