Legend Mining Limited · ASX:LEG
Legend Mining — Africa Downunder Conference 2012
17 slides from Legend Mining's conference presentation, Aug 29, 2012
Slide 1: Legend, Cameroon, Iron Ore
For personal use only “Legend, Cameroon, Iron Ore” Africa Downunder Presentation August 2012
Slide 2: For personal use only
For personal use only • Mineral Exploration Company with a strong cash position • Focussed on Iron Ore in West Africa • 2900km2 project area in Cameroon • Management strategy for growth - Delineate magnetite resource whilst continuing the search for DSO in Cameroon - Further project acquisition 2
Slide 3: Cameroon as a Nation
For personal use only Cameroon as a Nation • Small, peaceful and politically stable – only 20M people • Official languages: French, English • Religion: Christianity 70% Islam 20% • 70% rural and farming • Total trade with Australia: 2010-11 A$4B Source DFAT • Encouraging foreign investment 3
Slide 4: Management and corporate structure
For personal use only Chairman Non-Executive Managing Director Director Company Secretary Michael Atkins Mark Wilson Dennis Wilkins Dermot Ryan 90% Camina SA Cameroon CFO and Administration Community Relations Exploration Manager General Manager Philippe Koehn Company Secretary Manager Jean Alain Nk
Slide 5: Capital and Structure
For personal use only Shares 1,990 M (30/06/2012) Options 391M @ 4c (04/02/2015) 30M @ 6c (04/02/2015) 14.4M @ 5c (04/02/2015) 9.0M Employee Options *800M Performance Options (4/2/2015) Cash (incl. Shares) +$17M (30/06/2012) Capitalisation Capital and Structure $32M @ $0.016 (12 month range $24-82M)
Slide 6: Cameroon iron ore projects map
Legend Proposed nde CAMEROON Mbarga (Sundance) 193Mt@59.2%Fe & 1@38%Fe C Resource) 2 (so) Port Les Mamelles S00Mt@30-35% Avima (Core/Severstal) 100Mt@60%Fe Nkout Project (African Aura) Nabeba (Sundance) 291ML@62.3%Fe (JORC Resource) M'bilan 100Mt@45%Fe Minkebe 6OMt@64%Fe Badondo Letioukbala (Sundanc
Slide 7: People, Infrastructure, Project Size, Prospectivity
For personal use only People Infrastructure Project Size Iron Ore Prospectivity 7
Slide 8: Sundance Ltd Access Co-operation Agreement
For personal use only Sundance Ltd Access Co-operation Agreement May 2011 8
Slide 9: For personal use only
WPLegend — e@ LONDON @ Guildford re @ Crawley @Horsham tes Mamelles
Slide 10: Exploration Activity Summary
For personal use only 2972km2 contiguous area held by three granted exploration permits Extensive aeromagnetic survey completed February 2010 Red indicates highest total magnetic intensity Red areas much more extensive than indicated by previous mapping (BRGM 1986) Exploration Activity Summary 10
Slide 11: Melombo East Drilling
For personal use only Melombo East Drilling Significant Iron Grades & Thicknesses • DH044 – 116.2m @ 26.2% Fe • DH046 – 80.5m @ 36.6% Fe • DH054 – 54.4m @ 23.9% Fe • DH055 – 58.5m @ 21.1% Fe • DH060 – 62.0m @ 28.7% Fe • DH061 – 55.6m @ 29.0% Fe • DH064 – 73.5m @ 23.7% Fe • DH066 – 75.9m @ 33.7% Fe P
Slide 12: Plateau Drilling
For personal use only Plateau Drilling Significant Iron Grades & Thicknesses • DH076 – 32.8m @ 26.8% Fe & 18.6m @ 25.7% Fe • DH079 – 37.6m @ 26.8% Fe & 9.6m @ 38.7% Fe • DH088 – 65.7m @ 31.3% Fe & 6.3m @ 28.0% Fe • DH090 – 77.5m @ 28.6% Fe • DH092 – 59.2m @ 34.1% Fe & 6.1m @ 27.0% Fe Phase 1 Drillin
Slide 13: Average DTR Product Grade for Sample Met1
For personal use only Average DTR Product Grade for Sample Met1 Product Mass % Fe Distribution% Fe% SiO2% Al2O3% P% S% LOI% Head 100 100 31.45 47.48 2.98 0.097 0.070 -0.89 Concentrate 36.8 82.7 70.8 1.42 0.20 0.006 0.028 -3.30 Coarse Grain Low Impurities High Iron Coarse Grind Simple Process Saleabl
Slide 14: Scoping study inputs and outputs
For personal use only Inputs Assumed location at Melombo East Assumed metallurgy from March 2011 test work Independent consultants conducted study Outputs Capex <US$1B Opex <US$50/t concentrate Cameroon Project Location and Infrastructure Takeaways Highlights quality of magnetite concentrate Highlig
Slide 15: Summary of progress and ongoing work
For personal use only Magnetite Gneiss identified as host rock Positive Metallurgical Test/Quality Magnetite Posco MOU signed Feb 2012 Multi target potential Drilling ongoing 25 hole programme at Plateau recently completed Reconnaissance work ongoing Regional mapping 15
Slide 16: Cameroon, the home of the Indomitable Lions
For personal use only CAMEROON the home of the INDOMITABLE LIONS Bringing Legend’s Indomitable Aussie Exploration Spirit to Cameroon 16
Slide 17: For personal use only
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. Any forwa