Lefroy Exploration Ltd. · ASX:LEX
Lefroy Exploration — Shareholder Meeting (December 2022)
24 slides from Lefroy Exploration's shareholder meeting presentation, Dec 6, 2022
Slide 1: Annual General Meeting Presentation
For personal use only ANNUAL GENERAL MEETING PRESENTATION SYDNEY l 2022 Wade Johnson | Managing Director | 6 December 2022
Slide 2: Disclaimer
2 Disclaimer This presentation contains summary information about Lefroy Exploration Limited (LEX) and is current as of December 6 2022. It does not represent an offer of securities for subscription or sale in any jurisdiction nor a securities recommendation. The information contained in this presen
Slide 3: Actively exploring for high-value gold & copper-gold deposits in Western Australia
3 Actively exploring for high-value gold & copper-gold deposits in Western Australia For personal use only Diamond drilling at flagship Cu-Au Project ‘Burns’ – August 2022
Slide 4: 2022 Investment Take-aways
For personal use only 2022 Investment Take-aways 4 Targeting high value gold & gold-copper deposits Projects in Tier 1 exploration & mining jurisdiction of Western Australia Focused on gold & ‘green’ sustainable metals with future demand growth Advanced exploration at flagship first-of-a-kind in Aus
Slide 5: Company Snapshot
5 Company Snapshot Lefroy Exploration Limited is a Western Australian focused mineral resources exploration company with the flagship For personal use only Lefroy Project located near Kalgoorlie. The Company also holds a portfolio of nickel projects held by its wholly owned subsidiary, Johnston Lake
Slide 6: Highly Experienced Lefroy Board
6 Highly Experienced Lefroy Board For personal use only 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 experi
Slide 7: Skilled Exploration Team
For personal use only Skilled Exploration Team - Lefroy is proud to champion women in the workplace 7 Full-time Staff Chris Hesford Camilla Golding Talitha Golding Cameron Schoonakker Kristel Sarak Senior Exploration Geologist Corporate Geologist Exploration Geologist Graduate Geologist Exploration
Slide 8: 2022 Project Portfolio
2022 Project Portfolio 8 Exploration Objective For personal use only • Undertake early-stage greenfields exploration to discover gold and copper-gold deposits in premier and emerging areas of WA Lefroy Project • Eastern Lefroy: 100% LEX-owned 302km2 land package with flagship Burns Cu-Au Project, wi
Slide 9: The Lefroy Gold Project
The Lefroy Gold Project 9 Strategic Commodity & District Focus For personal use only • Multiple operating mines & mills in region with access to world-class infrastructure • Large 530km2 contiguous holding, 60km SE of Kalgoorlie Western Lefroy JV & Farm-In Project • $25m Gold Fields Farm-In to earn
Slide 10: Burns: A Growing Gold-Copper Discovery
For personal use only Burns A Growing Gold-Copper Discovery
Slide 11: Burns – Path to Discovery
11 Burns – Path to Discovery For personal use only 1985 BHP • BHP identified annular magnetic feature typical of a carbonatite anomaly Drilled 2 diamond holes that intersected magnetite-bearing dolerite and porphyry 2008-2010 Newmont Australia • Newmont drilled 157 aircore holes west and south of Bu
Slide 12: 2022 – Advancing Exploration at Burns
2022 – Advancing Exploration at Burns 12 • Multiple step-out & infill drill programs continue to For personal use only increase the scale of copper-gold mineralisation at Burns, hosted in altered diorite porphyry and basalt. • Ongoing research indicates Burns may be ‘first of a kind’ Archaean aged c
Slide 13: Burns Central | Resource Drill Out
Burns Central | Resource Drill Out 13 80-hole RC resource drill-out program: For personal use only • Targeting shallow open pitable gold-copper resource to deliver resource estimate in Q1 CY23. • 61 holes drilled and 9 priority holes remaining to be completed by late December 2022. • Recent gold-onl
Slide 14: Burns Central | Resource Drill Out
Burns Central | Resource Drill Out 14 RC resource drill-out program underway and For personal use only on track for completion in December 2022: • Evaluating 700m of Burns strike length to a vertical depth of ~200m from surface • Targeting shallow open pitable gold-copper resource • Land (onshore) a
Slide 15: Burns Central | Resource Drill Out
Burns Central | Resource Drill Out 15 160N Drill Section For personal use only • Significant gold results returned from RC drill holes on Lake Randall LRR003 103m @ 1.65g/t Au from 25m including 38m @ 3.83g/t Au from 26m • Multiple diorite porphyry host rocks and steep dipping north trending structu
Slide 16: Burns | Burns Central Prospect
Burns | Burns Central Prospect For personal use only In CY22, Lefroy completed 2 deep diamond holes (LEFD006- 007a) totaling 1952m: 16 • EIS co-funded hole, LEFD006, drilled to 1245.8m is the deepest drillhole at Burns to date. • LEFD006 established four key geological domains (including the Central
Slide 17: Burns | Lovejoy Prospect
Burns | Lovejoy Prospect 17 Neighbouring target increases corridor potential: • The Lovejoy magnetic anomaly was first tested on its For personal use only western margin by RC hole LEFR297 in 2021 • LEFFR297 intersected similar geology & alteration to Burns Central and significant Cu-Au mineralisati
Slide 18: Johnston Lakes Nickel Ltd: Nickel Demerger
Johnston Lakes Nickel Ltd Nickel Demerger For personal use only Proposed ASX Listing CY23
Slide 19: Johnston Lakes Nickel Ltd – Proposed Nickel Assets Demerger / IPO
Johnston Lakes Nickel Ltd Proposed Nickel Assets Demerger / IPO* Nickel-Cu-PGE Mineral Potential Map, WA Dulfer, H. 2016 (Geoscience Australia) For personal use only Johnston Lakes Nickel Ltd (JLN) is a wholly-owned subsidiary of the Company, which aims to list on the ASX in the first half CY23. Foc
Slide 20: Activities & Newsflow | Next Months
20 Activities & Newsflow | Next 6 Months For personal use only CY2022 CY2023 Q4 Q1 Q2 Burns Diamond Drilling Results Holes, LEFD006-LEFD007a Burns Central RC Drill out Western Lefroy JV Drilling Full Field Aircore Drilling 400x400m Burns Resource Estimate Maiden shallow resource JLN IPO/Demerger Spi
Slide 21: LEX 2022 Company Summary
21 LEX 2022 Company Summary • LEX controls a major tenement portfolio over 3 key project areas in WA, with 530km2 of tenure in the For personal use only flagship Lefroy Gold Project alone and only 60km from Kalgoorlie. • Led by a highly-experienced board with a significant >20% share ownership, • Ta
Slide 22: Lefroy Exploration Field Work CY 2022
For personal use only Lefroy Exploration Field Work CY 2022 • 1030 holes drilled • 63,541 metres logged, chipped, analysed • 33,660 samples assayed for Au or Au-Cu
Slide 23: Thank You
For personal use only THANK YOU Level 3, 7 Rheola St West Perth WA 6005 Australia +61 08 9321 0984 ASX: LEX
Slide 24: Competent Person Statement
24 Competent Person Statement For personal use only Notes Specific-ASX Announcements Investor Presentation Burns 1200m Diamond Drill hole Update: 1 August 2022 The following announcements were lodged with the ASX (including supporting JORC Reporting Tables) and details for each of the sections Drill
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