Slide 1: Investor Presentation April 2023
For personal use only Investor Presentation April 2023 LEGENDMINING.COM.AU ASX: LEG
Slide 2: Disclaimer
Disclaimer For personal use only 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: Corporate Overview: Capital Structure & Board of Directors
Corporate Overview Capital Structure & Board of Directors For personal use only Top Shareholders Market Capitalisation ~$127M (@ 4.6cps) 29.9 37 Cash Debt $11.3M* Nil Top 20 63% Board of Directors 12.9 Michael Atkins – Chair** 8.2 Mark Wilson – Managing Director** 5.6 6.4 Oliver Kiddie – Executive D
Slide 4: Investment Highlights
Investment Highlights For personal use only Future-facing commodity explorer for critical battery metals Ni-Cu-Co Dedicated team of explorers with track record of discovery Enviable location and tenement package Mawson Mineral Resource – foundation to grow Pipeline of targets – Octagonal Prospect -
Slide 5: Environmental, Social and Corporate Governance
Environmental, Social and Corporate Governance For personal use only Legend Mining prides itself on continuing, developing, and maintaining excellent stakeholder relationships Reflected in our ESG Policies found at: www.legendmining.com.au LEGENDMINING.COM.AU Legend Mining 5
Slide 6: Why Nickel?
Why Nickel? For personal use only LEGENDMINING.COM.AU Legend Mining 6
Slide 7: We need a lot more Nickel
We need a lot more Nickel For personal use only ”The data highlights the height of the raw material challenge facing global automakers as they look to scale up production of electric vehicles this decade. Demand for lithium-ion batteries is set to grow six- fold by 2032” Source: Benchmark Minerals I
Slide 8: Rockford Project Location
Rockford Project Location For personal use only ▪ Fraser Range, Western Australia ▪ 150km NE of Nova / 100km S of Tropicana ▪ 100% within Fraser Zone ▪ Primary exploration target magmatic Ni-Cu-Co ▪ Outstanding existing infrastructure ▪ Transport and power ▪ Communications LEGENDMINING.COM.AU Legend
Slide 9: Rockford Project
Rockford Project For personal use only ▪ ~3000km2 prospective tenure ▪ World-class under explored nickel belt ▪ LEG team know how to find these mineralised intrusions ▪ There will be more orebodies found ▪ Pipeline of targets ▪ Magnus – next Octagonal/ Nova/Silver Knight/Mawson? LEGENDMINING.COM.AU
Slide 10: Octagonal
Octagonal For personal use only ✓ Same mineralisation ✓ Same host structure ✓ Same fold pattern ✓ Same host rocks ? Basal contact untested LEGENDMINING.COM.AU Legend Mining 10
Slide 11: Octagonal 3D Seismic Cube
Octagonal 3D Seismic Cube For personal use only ▪ Seismic defines critical structural architecture of the Octagonal intrusion including: ▪ Basal contact ▪ Eastern & Western contacts ▪ Feeder structure See ASX Announcement 28 March 2023 for details LEGENDMINING.COM.AU Legend Mining 11
Slide 12: Octagonal Intrusion in 3D
Octagonal Intrusion in 3D For personal use only ▪ +$1M 3D seismic survey over >24km2 ▪ Processing completed ▪ Target ranking completed ▪ Drill testing targets May 2023 LEGENDMINING.COM.AU Legend Mining 12
Slide 13: Octagonal
Octagonal For personal use only ▪ Seismic reconciles with IP to define intrusion eastern contact ▪ Intrusion extends outside ‘eye’ ▪ IP, AMT, drilling correlate for compelling sulphide targets ▪ Modelling & target generation continues ‘Orphan intercept’ ‘Orphan intercept’ 400m Octagonal hanging wall
Slide 14: Mawson Ni-Cu-Co Deposit
Mawson Ni-Cu-Co Deposit For personal use only Maiden MRE (JORC 2012) ▪ 28,200t metal* ▪ Shallow (65m-305m) ▪ Excellent metallurgy ▪ Level 1 F&F completed ▪ Mineralisation remains open ▪ Seismic reprocessing ▪ Foundation on which to grow MAWSON MINERAL RESOURCE ESTIMATE (JORC 2012) – February 2023 Cl
Slide 15: Mawson Seismic
Mawson Seismic For personal use only ▪ 3D seismic data reprocessing well advanced ▪ Highly encouraging prelim data models ▪ Drill testing targets Q2 2023 LEGENDMINING.COM.AU Legend Mining 15
Slide 16: Regional Rockford
Regional Rockford For personal use only LEGENDMINING.COM.AU Legend Mining 16
Slide 17: Regional Rockford
Regional Rockford For personal use only ▪ Pipeline of newly identified Areas W, X, and Y ▪ Anomalous Ni & Cu in aircore ▪ Supported by innovative EM targets ▪ Aircore drill testing targets Q3 2023 LEGENDMINING.COM.AU Legend Mining 17
Slide 18: Exploration Schedule CY Q1 & Q2 2023
Exploration Schedule CY Q1 & Q2 2023 For personal use only 2023 Jan Feb Mar Apr May Jun Mawson Prospect Statutory Approvals Geophysics Seismic Data Processing & Modelling Target Generation Diamond Drilling Octagonal Statutory Approvals Geophysics Seismic Data Processing & Modelling Target Generation
Slide 19: Notes
Notes For personal use only LEGENDMINING.COM.AU Legend Mining 19
Slide 20: Thank You
For personal use only Thank You Oliver Kiddie Executive Director LEGENDMINING.COM.AU ASX: LEG