Lefroy Exploration Ltd. · ASX:LEX
Lefroy Exploration — Shareholder Meeting (December 2022)
25 slides from Lefroy Exploration's shareholder meeting presentation, Dec 6, 2022
Slide 1: 2022 Annual General Meeting Presentation - Amended
6 December 2022 2022 ANNUAL GENERAL MEETING PRESENTATION - AMENDED Lefroy Exploration Limited (“Lefroy” or “the Company”) attaches an amended ‘2022 Annual General Meeting Presentation’ which corrects typographical errors on slides 13 and 17. - END - This ASX announcement has been approved for releas
Slide 2: Annual General Meeting Presentation
ANNUAL GENERAL MEETING PRESENTATION SYDNEY l 2022 Wade Johnson | Managing Director | 6 December 2022
Slide 3: 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 4: 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 Diamond drilling at flagship Cu-Au Project ‘Burns’ – August 2022
Slide 5: 2022 Investment Take-aways
4 2022 Investment Take-aways 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 Australia ‘Burns’ copper-
Slide 6: Company Snapshot
5 Company Snapshot Lefroy Exploration Limited is a Western Australian focused mineral resources exploration company with the flagship Lefroy Project located near Kalgoorlie. The Company also holds a portfolio of nickel projects held by its wholly owned subsidiary, Johnston Lakes Nickel Ltd, which it
Slide 7: Highly Experienced Lefroy Board
6 Highly Experienced Lefroy Board 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’ experience in 20+ years’ ex
Slide 8: Skilled Exploration Team
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 Assistant Chris is a h
Slide 9: 2022 Project Portfolio
2022 Project Portfolio 8 Exploration Objective • 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, within 50 km of Kalgoor
Slide 10: The Lefroy Gold Project
The Lefroy Gold Project 9 Strategic Commodity & District Focus • 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 70% over 6 years • Ong
Slide 11: Burns: A Growing Gold-Copper Discovery
Burns A Growing Gold-Copper Discovery
Slide 12: Burns – Path to Discovery
11 Burns – Path to Discovery 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 Burns • intersected 1m @
Slide 13: 2022 – Advancing Exploration at Burns
2022 – Advancing Exploration at Burns 12 • Multiple step-out & infill drill programs continue to 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 copper-gold porphyry sy
Slide 14: Burns Central | Resource Drill Out
Burns Central | Resource Drill Out 13 80-hole RC resource drill-out program: • 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-only assay results return
Slide 15: Burns Central | Resource Drill Out
Burns Central | Resource Drill Out 14 RC resource drill-out program underway and 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) and lake (offshore) bas
Slide 16: Burns Central | Resource Drill Out
Burns Central | Resource Drill Out 15 160N Drill Section • 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 structure • Multi element res
Slide 17: Burns | Burns Central Prospect
Burns | Burns Central Prospect In CY22, Lefroy completed 2 deep diamond holes (LEFD006- 16 007a) totaling 1952m: • 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 Porphyry) which when
Slide 18: Burns | Lovejoy Prospect
Burns | Lovejoy Prospect 17 Neighbouring target increases corridor potential: • The Lovejoy magnetic anomaly was first tested on its western margin by RC hole LEFR297 in 2021. • LEFFR297 intersected similar geology & alteration to Burns Central and significant Cu-Au mineralisation hosted in siliceou
Slide 19: Lake Johnston Ltd Nickel Demerger
Lake Johnston Ltd Nickel Demerger Proposed ASX Listing CY23
Slide 20: Johnston Lakes Nickel Ltd
Johnston Lakes Nickel Ltd Proposed Nickel Assets Demerger / IPO* Nickel-Cu-PGE Mineral Potential Map, WA Dulfer, H. 2016 (Geoscience Australia) Johnston Lakes Nickel Ltd (JLN) is a wholly-owned subsidiary of the LEX, which aims to list on the ASX in the first half CY23. Focused nickel explorer Strat
Slide 21: Activities & Newsflow | Next 6 Months
20 Activities & Newsflow | Next 6 Months CY2022 CY2023 Q4 Q1 Q2 Burns Diamond Drill holes Results: LEFD006-LEFD007a & RC Resource Burns Central RC Resource Drill out Western Lefroy JV Full Field Aircore Drill Program (400x400m) Burns Maiden Mineral Resource Estimate JLN IPO/Demerger of LEX nickel as
Slide 22: 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 flagship Lefroy Gold Project alone and only 60km from Kalgoorlie. • Led by a highly-experienced board with a significant >20% share ownership, • Targeting high-value gol
Slide 23: Lefroy Exploration Field Work CY 2022
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 24: Thank You
THANK YOU Level 3, 7 Rheola St West Perth WA 6005 Australia +61 08 9321 0984 ASX: LEX
Slide 25: Competent Person Statement
24 Competent Person Statement 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 Drilling Continues to Defin
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