Lefroy Exploration Ltd. · ASX:LEX
Lefroy Exploration — Shareholder Meeting (December 2018)
20 slides from Lefroy Exploration's shareholder meeting presentation, Dec 3, 2018
Slide 1: AGM Presentation 2018
Accelerating Exploration in a World Class Gold District Lefroy Exploration Limited AGM Presentation 2018 3 December 2018 Wade Johnson Managing Director
Slide 2: Disclaimer
Disclaimer This presentation contains summary information about Lefroy Exploration Limited (LEX) and is current as at 3 December 2018. The information contained in this presentation is of a general nature and does not purport to be complete. This presentation is not investment or financial product a
Slide 3: 2018 Achievements
2018 Achievements GENERATING TARGETS, DELIVERING RESULTS IN A 100% OWNED MAJOR LAND PACKAGE IN HIGHLY ENDOWED DISTRICT Lefroy Gold Project • Drilling at Lucky Strike intersected further high grade mineralisation and extended the BIF host package • Early stage exploration identified the Hang Glider H
Slide 4: Corporate Snapshot
Corporate Snapshot Board Corporate Details Gordon Galt – Non Executive Chairman Issued Capital : 80.9 million shares Wade Johnson – Managing Director Options on Issue: 1 million unlisted Michael Davies – Non Executive Director Cash: $2.2M (30 September 2018) Geoff Pigott – Non Executive Dire
Slide 5: 2018 Project Portfolio
2018 Project Portfolio Targeting high-value gold and nickel deposits capable of being rapidly developed Focus: undertake exploration for gold and nickel deposits in premier areas of the Yilgarn Craton of Western Australia The Lefroy Project: flagship gold project in excess of 598km2 of contiguou
Slide 6: Lefroy Gold Project-District Context
Lefroy Gold Project-District Context Flagship project in a highly gold endowed gold district of the Eastern Goldfields Commanding wholly owned large land package within world-class gold producing district Project area bounded by major regional structures that control gold mineralisation in the d
Slide 7: Lefroy Gold Project-Accelerating Exploration
Lefroy Gold Project-Accelerating Exploration A $25million Farm-in and Joint Venture with Gold Fields Large contiguous 100% owned land package covering 598km2 Eastern Lefroy–LEX managed-226km2 Western Lefroy-Gold Fields Farm-In & JV managed-372km2 • Farm-in area covers the prospective Woolibar
Slide 8: Western Lefroy-Gold Fields JV
Western Lefroy-Gold Fields JV Key Terms –Farm-in and Joint Venture with Gold Fields* • Gold Fields can earn up to a 70% interest in the western tenement package, by spending up to $25 million on exploration within 6 years from commencement of the Agreement Stage 1 farm-in requirements: • Gold Fields
Slide 9: Eastern Lefroy- Lucky Strike Hub
Eastern Lefroy- Lucky Strike Hub Successful exploration has delivered the growing high grade discovery at Lucky Strike, the Havelock Trend and enhances district potential adjacent to the Randalls Processing Plant Prospects and targets proximal the Mt Monger Fault Lucky Strike continues to delive
Slide 10: Eastern Lefroy- Lucky Strike
Eastern Lefroy- Lucky Strike A high grade gold discovery adjacent to the regional Mt Monger Fault • RC and diamond drilling have defined gold mineralisation over a 300m strike length • Gold mineralisation hosted by multiple stacked banded iron formation units (BIF) • Results from recent RC drilling
Slide 11: Eastern Lefroy- Lucky Strike
Eastern Lefroy- Lucky Strike Gold mineralisation within multiple BIF units and open at depth and along strike
Slide 12: Eastern Lefroy- Havelock
Eastern Lefroy- Havelock Early stage aircore drilling at Havelock defined a new gold mineralised trend associated with BIF that has a 3000m strike length and is open* • Havelock Trend sub- parallel to and 1.2km south of Lucky Strike • Represented by a strong linear magnetic feature interpreted to be
Slide 13: Eastern Lefroy- Hang Glider Hill
Eastern Lefroy- Hang Glider Hill Auger results have defined an anomalous gold trend over 2000m of strike in the north east region of LEX’s 100% owned Eastern Lefroy gold project coincident with discovery of gold nuggets* • New Gold trend proximal to the Mt Monger Fault • Secured seven tenement appli
Slide 14: Western Lefroy- Gold Fields Farm-in & JV
Western Lefroy- Gold Fields Farm-in & JV Building the foundation geophysical data sets with acquisition of ground gravity and ultra detailed magnetic data using an unmanned aerial system ( TRAMPE)* Acquisition of primary data to guide drill programs scheduled for early 2019 Extent of ground gravity
Slide 15: Lake Johnston Project
Lake Johnston Project • Located to the west of Norseman and north of the Maggie Hayes and Emily Anne nickel deposits • Lefroy holds gold and nickel rights over three tenements • Prospective for both gold and nickel mineralisation • Gravity survey completed in September 2018
Slide 16: Lake Johnston Project
Lake Johnston Project • Tenements approximately 5km north of the Emily Anne nickel mine • Abi Rose nickel discovery located immediately north of the Emily Anne Mine • Abi Rose interpreted by Poseidon Nickel Limited as a magmatic Ni-Cu type emplacement model (mafic or ultramafic intrusion related)* •
Slide 17: 2019 –Exploration Work Plan
2019 –Exploration Work Plan Exploration by Lefroy in 2019 is set to capitalise on the drill based exploration success in 2018 with a focus at Lucky Strike, complimented by commencement of drilling by Gold Fields at Western Lefroy. Lefroy Gold Project Priority exploration... Advance exploration at Lu
Slide 18: Competent Person Statement
Competent Person Statement Notes Specific-ASX Announcements AGM Presentation The following announcements were lodged with the ASX (including supporting JORC Reporting Tables) and details for each of the sections noted in this Presentation and can be found in the announcements. Note that these announ
Slide 19: Lefroy Gold Project –Exploration Activity
Lefroy Gold Project –Exploration Activity
Slide 20: THANK YOU
THANK YOU Lefroy Exploration Limited Australian Registered Office ARBN 052 123 930 Level 2, 11 Ventnor Avenue Phone +61 8 9321 0984 West Perth WA 6005 Australia Email info@lefroyex.com www.lefroyex.com 20
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