Slide 1: Legend Mining - Positioned for Continued Success
RIU Conference 16-18 February 2021 Legend Mining - Positioned for Continued Success ASX: LEG
Slide 2: Disclosure
DISCLOSURE 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 forward-looking
Slide 3: Right People, Right Commodity, Strong Cash Position
Right People, Right Commodity, Strong Cash Position Top Shareholders Capital Structure and Financials Market Capitalisation Cash ~320M (@ $0.12ps) $27.2M* 30.7 Options Debt 34.7 75M @4c 3/2021 149M@7.2c 7-9/2022 Nil Directors & Executive Management 13.3 11 4.8 5.5 Board of Directors Key Management M
Slide 4: Environmental, Social, and Corporate Governance
Environmental, Social, and Corporate Governance Legend Mining prides itself on continuing, developing, and maintaining excellent Stakeholder Relationships Reflected in our updated ESG Policies found at: www.legendmining.com.au ‘Walking the Talk on Stakeholder Relationships’ 4
Slide 5: Why Invest in Legend?
WHY INVEST IN LEGEND? Location – circa 3000km² of under-explored nickel terrain, excellent infrastructure & services Experience – corporate; technical; and support from JV partners Growth – Mawson discovery & pipeline of highly prospective targets Enabled – right people, strong cash position, going
Slide 6: Nickel – 'The Forward-Facing Commodity'
NICKEL – ‘THE FORWARD-FACING COMMODITY’ Nickel Prices and Inventory Nickel – 12 month target * Copper – 12 month target * Nickel deficit forecast from 2023* High-quality sulphide Nickel a premium product Focus 2025 outward – sky is the limit with EV thematic Indicative 5 year Discovery t
Slide 7: Rockford Project Location
ROCKFORD PROJECT LOCATION Fraser Range, Western Australia 120km NE of Nova / 100km S of Tropicana 100% within Fraser Zone Primary Exploration Target Magmatic Ni-Cu-Co Outstanding Existing Infrastructure Transport and Power ‘Circa 3000km2 of the most under-explored Nickel belt in the worl
Slide 8: Why Explore in the Albany Fraser Belt?
WHY EXPLORE IN THE ALBANY FRASER BELT? Mawson (Ni-Cu-Co) Note: Mawson details released by Legend (ASX releases 2020) IGO Nova Site Visit Presentation 2 August 2019 (p.58) ‘The Fraser Range is a compelling, potential world class Nickel Belt’ 8
Slide 9: Fraser Range – Main Players
FRASER RANGE – MAIN PLAYERS Main Players ‘Want Fraser Range Nickel Exposure? – Legend is the Play’ 9
Slide 10: The Mawson Intrusive Complex
THE MAWSON INTRUSIVE COMPLEX ’ 1 6 km x 6 k m Cl uster of Pr os pecti ve I nt rus i ons ’ 10
Slide 11: Mawson So Far…
MAWSON SO FAR… Mawson Intrusion 2.4km x 1.1km intrusion open in all directions Area of interrogation to date delivered results indicative of a large Ni-Cu-Co system Significant thickness of massive Ni-Cu sulphide i.e. RKDD034 31.1m @ 2.80% Ni, 2.04% Cu, 0.15% Co Multiple intercepts identifyi
Slide 12: Mawson Priority Drilling Targets 2021
MAWSON PRIORITY DRILLING TARGETS 2021 3 Priority Target Areas to be assessed with: Diamond Drilling 2x DD Rigs to start March 2021 Serviced with new water supply agreement >10,000m planned Chasing the source using: Geology, geochemistry, structure, and DHTEM Driving an ever-evolving 3D m
Slide 13: Metallurgy
METALLURGY Phase 1 Sighter Metallurgy Completed RKDD034 – Massive Ni-Cu-Co Domain Recovery and concentration via conventional flotation Separate Nickel and Copper concentrates High recoveries Optimisation to yield further improvement Project de-risking Flotation Test Work of RKDD034 Massiv
Slide 14: Rockford – Regional Target Generation
ROCKFORD – REGIONAL TARGET GENERATION ‘ E vol vi ng P i pel i ne of Qua l i t y T a rg et s ’ 14
Slide 15: Rockford Regional Targets
ROCKFORD REGIONAL TARGETS Regional Targets – Testing 2021 Project scale target analysis identifies over 30 new targets Innovative MLTEM scheduled for highest ranked targets Follow up with infill AC drilling Test compelling targets with RC/DD $4M planned regional expenditure 2021 Rockford P
Slide 16: Regional Aircore Drilling Success
REGIONAL AIRCORE DRILLING SUCCESS Rockford Project – Regional Aircore ASX release 15 December 2020 291 aircore holes for 14,797m 4 holes at Hurley returned elevated nickel-copper associated with right rocks Results adjacent to MLTEM conductors H1 and H3 New targets identified in North West
Slide 17: Recognised Industry Professionals
RECOGNISED INDUSTRY PROFESSIONALS A & A CRAWFORD RN&N ENGLAND Geological Research Petrologist Consultants Geochemical Services Pty Ltd ‘Ambition is the path to success. Persistence is the vehicle you arrive in’ Bill Bradley 17
Slide 18: Rockford 2021 Work Programs
ROCKFORD 2021 WORK PROGRAMS 2021 Jan Feb Mar Apr May Jun Mawson Prospect Target Generation Diamond & RC Drilling Geophysics DHTEM Metallurgical Phase 1 Regional Statutory Approvals Geophysics MLTEM Aircore Drilling Diamond Drilling Hurley/Crean ‘Regular News Flow’ 18
Slide 19: Join the Legend Journey….
JOIN THE LEGEND JOURNEY…. Right Project, Right Commodity, Right Time Systematic, Persistent, Committed Well Funded to Execute Right People Continue to Grow Shareholder Value ‘ H i g hl y L evera g ed to Succes s ’ 19
Slide 20: The End
The End Thank you Oliver Kiddie Executive Director ASX:LEG @LegendMiningLtd w w w. l eg endmi ni ng . com. a u 20