Legacy Minerals Holdings Limited · ASX:LGM

Legacy Minerals — Resource Rising Star Gold Coast 2025

25 slides from Legacy Minerals's conference presentation, Sep 18, 2025

  1. Slide 1: Exploring for World Class Deposits

    79 47 29 Au Ag Cu Exploring for World Class Deposits For personal use only RRS Gold Coast Christopher Byrne CEO and Managing Director 18 Sep 2025 chris.byrne@legacyminerals.com.au +61 (0) 499 527 547

  2. Slide 2: Disclaimer

    2 Disclaimer This presentation may contain certain statements and projections provided by or on behalf of Legacy Minerals Holdings Limited (ASX: LGM, Legacy Minerals, or the Company) with respect to the anticipated future undertakings. These forward-looking statements reflect various assumptions by

  3. Slide 3: Investment Highlights

    3 Investment Highlights 1.2Moz AuEq1 underpins company valuation 0.7Moz of contained gold plus 24Moz of contained silver For personal use only High impact discovery drilling commencing Near term discovery catalysts Exploring for World Class Deposits Gold, silver, and copper focus with 9,000km2 land

  4. Slide 4: Corporate Overview

    4 Corporate Overview Share Price $0.175 Market Cap $29M Enterprise Value $22M 12 Month Share Price For personal use only 0.35 5000000 Shares Cash Joint Venture Funding 0.3 168M $7M $28.3M Share Price 4000000 0.25 Volume $AUD 0.2 3000000 0.15 2000000 Options 0.1 32M ($0.21 exp Jan 26) Debt 0.05 10000

  5. Slide 5: Mt Carrington

    Mt Carrington 1.2Moz Gold Equivalent For personal use only 79 47 29 Au Ag Cu

  6. Slide 6: Mt Carrington – New Vision, New Approach

    6 Mt Carrington – New Vision, New Approach A rare advanced project with exceptional growth potential Discovery Upside – Kainantu style Cu-Au deposit (~18Moz AuEq)1 • One of the largest mineral systems in NSW contained within a 160km2 caldera For personal use only • Target rich – significant untested

  7. Slide 7: New 2025 1.2Moz Gold-Equivalent Resource

    7 New 2025 1.2Moz Gold-Equivalent Resource1 One of NSW’s largest undeveloped epithermal deposits 34.4Mt at 1.1g/t gold-equivalent (AuEq) For personal use only White Rock Mt Carrington Substantial platform for growth • New MRE provides company exceptional base to start adding ounces through drilling

  8. Slide 8: 2025 Phase Scoping Study

    8 2025 Phase 1 Scoping Study1 Robust base case 17% Financials A$5,000 For personal use only NPV8 $388M IRR 141% Free Cash Flow $405M 83% ASIC A$1,726, open-pit, 34koz Au Mining Metrics pa, A$47M CAPEX 83% of the MRE is outside of 2025 SS Potential Future Work • Larger Stage 2 Scoping Study – assessi

  9. Slide 9: New technology unpacking large mineral system

    9 New technology unpacking large mineral system For personal use only ~17km RTP magnetics with drill collars (black) 1 Major Deposits2 New Geophysical Data2 ASX: LGM Note: references on this slide are in the Appendix – Endnotes on Slides 24

  10. Slide 10: New technology unlocking new targets

    10 New technology unlocking new targets Potential depth and continuity that is untested • Detailed Airborne MT data review identifies significant conductivity trends1 • Experts engaged familiar with MT survey data used by K92 Mining Inc on the Kainantu Mine • Compelling discovery target opportunitie

  11. Slide 11: Drilling approved and commencing imminently

    11 Drilling approved and commencing imminently New conceptual targets being tested • Battery prospect first regional target to be tested in 30 years • Potential for breccia hosted and epithermal-porphyry related mineralisation • Up to 4,500m of drilling planned For personal use only Mobile MT Resist

  12. Slide 12: Size of the Prize: K92 – Exceptional AuEq Growth

    12 Size of the Prize: K92 – Exceptional AuEq Growth Epithermal prophy systems potential to extend at depth • Across the Mt Carrington Projects there are 3,319 drill holes with an average depth 49m • Less than 5% of the drilling is deeper than 150 downhole length For personal use only Kainantu 2.2Moz

  13. Slide 13: Textural Comparison – Judd (K92) and Mt Carrington

    13 Textural Comparison – Judd (K92) and Mt Carrington Mt Carrington1 For personal use only Cautionary Note Visual Estimates of Mineralisation: ‘Visual estimates of mineral abundance should never be considered a proxy or substitute for laboratory analyses where concentrations or grades are the factor

  14. Slide 14: Large Undrilled Targets

    14 Large Undrilled Targets 3D modelled IP highlighting undrilled chargeability extensions1 Gladstone For personal use only North Kylo Porphyry Target Silver All Nations King Guy Bell Mt Carrington South 1,500m Oblique view looking north of 3D merged model of existing IP over Mt Carrington, showing i

  15. Slide 15: Historical near-miss presents opportunity

    15 Historical near-miss presents opportunity 3D modelled IP – epithermal/porphyry target1 Section view looking NE A’ A For personal use only Undrilled A A’ WCDD003 chargeable features Drill hole WCDD003 did not test chargeable feature Cross section of 3D merged model of existing IP over Mt Carringto

  16. Slide 16: Thomson

    Thomson Big belt scale exploration play For personal use only

  17. Slide 17: Thomson Belt Scale Au-Cu Opportunity

    17 Thomson Belt Scale Au-Cu Opportunity Frontier exploration across 5,500km2 Big targets - Intrusion Related Au-Cu Potential • Concept confirmed through analysis of historic drilling For personal use only • Target rich environment • Numerous bulls-eye magnetic and gravity anomalies • Large alteratio

  18. Slide 18: Big-scale opportunity

    18 Big-scale opportunity De Grey’s Hemi Project2 To scale Legacy Minerals Thomson Project To scale For personal use only Tongo 1 IRG target H1 Structure H2 F1 F17 F4 F3 F5 & F6 Cut-AC Cut-B Cut-A Paroo Cut-D 230km ASX: LGM Note: references on this slide are in the Appendix – Endnotes on Slides 24

  19. Slide 19: CUT-B and Cut A Anomaly

    19 CUT-B and Cut A Anomaly1 Near-Miss Drilling – Cut A Compelling Geophysical Targets Confirmed Intrusion related Au-Cu Potential • 377m at 0.1g/t Au (no cut-off) from 225m to 602m including, • Proof of concept confirmed in historic drilling o 41m at 0.4g/t Au from 420m (no cut-off) including, For p

  20. Slide 20: Joint Venture Projects

    Joint Venture Projects $28.5M in JVs sees sustained discovery effort For personal use only

  21. Slide 21: The upside in a JV - non-dilutive potential for value creation

    21 The upside in a JV - non-dilutive potential for value creation Like 100% owned projects, partnerships can deliver significant returns for shareholders SP: $28.50 SP: £0.99 SP: $28 SP: $6.51 SP: £0.371 MC: $355m MC: £134m MC: $1.04b MC: $257m MC: £1.48b For personal use only SP: $0.42 MC: $3.24m S

  22. Slide 22: Positioned for growth and discovery success

    22 Positioned for growth and discovery success Ongoing drilling and target generation Fontenoy Q4 Thomson Q4 Mt Carrington Q3-Q4 Harden (JV) Q4 Mt Carrington Q4 For personal use only Drilling Results Drilling Drilling Drilling Results Initial Drilling Results Mascotte, Emu, Battery 2025 Q3-Q4 Invest

  23. Slide 23: Thank you

    For personal use only Thank you Christopher Byrne CEO and Managing Director chris.byrne@legacyminerals.com.au +61 (0) 499 527 547 ASX: LGM

  24. Slide 24: Appendices – Endnotes

    24 Appendices – Endnotes Intro Slide 3: 1 LGM ASX Release, 18 September 2025, Metallurgical Study Commences at Mt Carrington Project 2 LGM ASX Release, 16 May 2025, $7.75M Secured in Institutional Backed Raise MTC Slide 6: 1 K92 Mining Inc. Growing Production & Transformative Discoveries Site visit

  25. Slide 25: Appendix A: Mt Carrington Mineral Resources

    Appendix A: Mt Carrington Mineral Resources Resource Tonnes and Grade Contained Metal Prospect Classification AuEq Tonnes (Kt) Au (g/t) Ag (g/t) Cu% Pb% Zn% AuEq (g/t) Au (Koz) Ag (Koz) Cu (kt) Pb (kt) Zn (kt) (Koz) Indicated 2,818 1.1 3.1 0.09 0.07 0.6 1.5 98 281 2.5 2.0 16 136 For personal use onl

Legacy Minerals Holdings — Resource Rising Star Gold Coast 2025 on 6ix