Lefroy Exploration Ltd. · ASX:LEX
Lefroy Exploration — Shareholder Meeting (December 2019)
21 slides from Lefroy Exploration's shareholder meeting presentation, Dec 2, 2019
Slide 1: ASX cover letter: Annual General Meeting Presentation
2 December 2019 Company Announcements Platform Australian Securities Exchange Exchange Centre 20 Bridge Street SYDNEY NSW 2000 By Electronic Lodgement (ASX: LEX) Dear Sir/Madam ANNUAL GENERAL MEETING PRESENTATION Please find attached a presentation to be given by Managing Director Wade Johnson at th
Slide 2: AGM Presentation 2019
Lefroy Exploration Limited AGM Presentation 2019 Accelerating Exploration in a World Class Gold District 2 December 2019 Wade Johnson Managing Director Drill Rig at 19HGDD001 Hang Glider Hill
Slide 3: Disclaimer
Disclaimer This presentation contains summary information about Lefroy Exploration Limited (LEX) and is current as at 2 December 2019. 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 4: 2019 Achievements
2019 Achievements GENERATING TARGETS AND ACCELERATING DRILLING TO DELIVER RESULTS IN A 100% OWNED MAJOR LAND PACKAGE IN HIGHLY ENDOWED DISTRICT Lefroy Gold Project • Drilling at Lucky Strike intersected further high grade gold mineralisation and extended the BIF host package to 740m of strike • A ma
Slide 5: Corporate Snapshot
Corporate Snapshot Board Corporate Details Gordon Galt – Non Executive Chairman Issued Capital : 100.5 million shares Wade Johnson – Managing Director Options on Issue: 1 million unlisted Michael Davies – Non Executive Director Cash: $2.9M (30 September 2019) Geoff Pigott – Non Executive Dir
Slide 6: 2019 Project Portfolio
2019 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 7: 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 8: Lefroy Gold Project - Accelerating Exploration
Lefroy Gold Project-Accelerating Exploration Underpinned by a $25million Farm-in and Joint Venture Large contiguous 100% with Gold Fields at Western Lefroy owned land package covering 598km2 Eastern Lefroy–LEX managed-226km2 Western Lefroy-Gold Fields Farm-In & JV managed-372km2 • Farm-in area
Slide 9: Eastern Lefroy - Lucky Strike Hub
Eastern Lefroy- Lucky Strike Hub Successful exploration continues to grow the high grade discovery at Lucky Strike, and deliver new targets to enhance the district potential adjacent to the Randalls Processing Plant Prospects and targets proximal the Mt Monger Fault Lucky Strike continues to del
Slide 10: Eastern Lefroy - Lucky Strike
Eastern Lefroy- Lucky Strike The high grade gold discovery adjacent to the regional Mt Monger Fault continues to grow • RC and diamond drilling have now defined mineralisation over 740m strike length • Gold mineralisation hosted by multiple banded iron formation units (BIF) • Results from recent ste
Slide 11: Eastern Lefroy - Lucky Strike
Eastern Lefroy- Lucky Strike Gold mineralisation hosted within multiple BIF units and open at depth and along strike Step out RC drilling has confirmed extension of the BIF host that now has a 740m strike length and that is oxidised to +200m from surface
Slide 12: Eastern Lefroy - Hang Glider Hill
Eastern Lefroy- Hang Glider Hill An early stage three-hole diamond drilling program completed at the Hang Glider Hill gold prospect intersected visible gold in the first hole 19HGDD001* • New Gold trend proximal to the interpreted Mt Monger Fault • Trend defined in 2018 from auger sampling and disco
Slide 13: Eastern Lefroy - Hang Glider Hill
Eastern Lefroy- Hang Glider Hill Gold mineralisation is hosted by quartz-carbonate veins that cross cut a highly deformed, flat dipping, north-westerly trending package of highly altered rocks * * Reference LEX –ASX release 29 November 2019 .
Slide 14: Western Lefroy - Gold Fields Farm-in & JV
Western Lefroy- Gold Fields Farm-in & JV 776 air core drill holes totaling 40,421m completed, and that have reinforced and extended the strike of two gold trends, and include intersections of 8m @1.95g/t Au from 94m in KD81533 at LLT06 and 9m @ 2.73g/t from 32m in KD81399 at Zanex Lake air core rig
Slide 15: Lake Lefroy - Drilling Timeline 1985-2019
Lake Lefroy – Drilling Timeline 1985-2019 GOLD GOLD GOLD LEXPre FIELDS Targets FIELDS FIELDS LEX 1985 LEX- 2017 –IPO –Drilling –March Jan June April May2017 2019 2019 2019
Slide 16: Western Lefroy - Gold Fields Farm-in & JV
Western Lefroy- Gold Fields Farm-in & JV Extensive air core drilling by Gold Fields has significantly enhanced and extended the strike of the Zanex trend within Lake Lefroy to 4000m* A 6800m RC drilling program was commenced in August The program was designed to test beneath and along strike of
Slide 17: Lake Johnston Project
Lake Johnston Project A large tenement holding located approximately 5km north of the Emily Anne/Maggie Hayes nickel mine owned by Poseidon Nickel Limited (ASX:POS) • The Abi Rose nickel discovery is located immediately north of the Emily Anne Mine • Abi Rose interpreted by Poseidon Nickel Limited a
Slide 18: 2020 Exploration Work Plan
2020 –Exploration Work Plan Exploration by Lefroy in 2020 will capitalise on the drill success in 2019 with a continued focus at Lucky Strike, complimented by focused drilling by Gold Fields at Western Lefroy and early stage generative exploration by LEX Priority exploration... Resource Drilling Luc
Slide 19: Lefroy Exploration - The Field Team
Lefroy Exploration –The Field Team
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 19
Slide 21: 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
Lefroy Exploration — Shareholder Meeting (December 2019) on 6ix