Slide 1: Growing a Nickel Province
For personal use only Growing a Nickel Province RIU Conference 15-17 February 2022 ASX: LEG
Slide 2: Disclosure
DISCLOSURE For personal use only 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
Slide 3: Capital Structure and Financials
CAPITAL STRUCTURE AND FINANCIALS For personal use only Top Shareholders Market Capitalisation Cash ~$200M (@ 7.2cps) $18.8M* Options Debt 29.7 34.7 149M@7.2c 7-9/2022 Nil Directors & Executive Management Board of Directors Michael Atkins (Chairman) 12.9 Mark Wilson (Managing Director) 11 Oliver Kidd
Slide 4: Environmental, Social & Corporate Governance
ENVIRONMENTAL, SOCIAL & CORPORATE GOVERNANCE For personal use only Legend Mining prides itself on continuing, developing, and maintaining excellent Stakeholder Relationships Reflected in our ESG Policies found at: www.legendmining.com.au ‘Walking the Talk on Stakeholder Relationships’ 4
Slide 5: Legend - Invest in the Name
LEGEND - INVEST IN THE NAME For personal use only L E G E N D Location – Experience – Growth – Enabled – Nickel - Deliver ‘Exploration Success = Price Appreciation’ 5
Slide 6: Nickel – The Future-Facing Commodity
NICKEL – ‘THE FUTURE-FACING COMMODITY’ For personal use only *Sources: Kitco, Mining News, Barrenjoey, Macquarie, Reuters, November 2021 - January 2022 ‘Legend Perfectly Positioned to Capitalise’ 6
Slide 7: Rockford Project Location
ROCKFORD PROJECT LOCATION For personal use only 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 Communications ‘Excellent infrastructure
Slide 8: The Albany Fraser – An Emerging Nickel Belt
THE ALBANY FRASER – AN EMERGING NICKEL BELT For personal use only ‘The Fraser Range is a compelling, potential world class Nickel Belt’ 8
Slide 9: Fraser Range – Main Players
FRASER RANGE – MAIN PLAYERS For personal use only Main Players ‘Want Fraser Range Nickel Exposure? – Legend is the Play’ 9
Slide 10: The Mawson Intrusive Complex
THE MAWSON INTRUSIVE COMPLEX For personal use only ’ 1 6 km x 6 k m Cl uster of Pr os pecti ve I nt rus i ons ’ 10
Slide 11: Understanding the Mawson Mineralising System
UNDERSTANDING THE MAWSONMINERALISING SYSTEM For personal use only What we know… Large, mineralised intrusion, remains open in multiple directions Structurally controlled intrusion Significant thickness of massive Ni-Cu sulphide i.e. 31.1 metres @ 2.80% Ni, 2.04% Cu, 0.15% Co Multiple interce
Slide 12: 3D Seismic Survey
3D SEISMIC SURVEY For personal use only Detailed 3D Seismic Survey Completed 6.5km2 coverage area Aim to define chonolith below 500m depth and outside existing drilling Ultra-detailed survey across the discovery zone to test for direct detection signature of massive sulphide ‘ D es i g ned to
Slide 13: Seismic - Velocity - Gravity
SEISMIC - VELOCITY - GRAVITY For personal use only Complementing Geophysical and Geological Datasets are Highly Encouraging… Constrained Gravity Seismic Velocity AMAG Geology Models Structural Model ‘ Compel l i ng D a ta s ets w i t h Wa l k- up Ta rg et s ’ 13
Slide 14: Mawson Priority Drilling Targets 2022
MAWSON PRIORITY DRILLING TARGETS 2022 For personal use only Priority Target Areas to be assessed with Diamond Drilling Drilling to start March 2022 >6,000m planned Additional modelling and targeting ongoing Rockford Project Budget CY2022 +$6M ‘ H i g h Pr i ori t y Ta rg et s to be Tested’ 1
Slide 15: Rockford – Regional Target Generation
ROCKFORD – REGIONAL TARGET GENERATION For personal use only ‘ E vol vi ng P i pel i ne of Qua l i t y T a rg et s ’ 15
Slide 16: Rockford Regional Targets
ROCKFORD REGIONAL TARGETS For personal use only Regional Targets – Testing 2022 Project scale target analysis Intrusion ‘fingerprinting’ - $Ni Vector Index Continue to identify new targets Innovative MLTEM scheduled for highest ranked targets Follow up with infill AC drilling Test compel
Slide 17: Target Ranking
TARGET RANKING For personal use only $Ni Vector Index Micro X-ray mineral mapping on aircore/RC chips Key mineralogy indicators identified Ability to identify $Ni Fertile Intrusions ‘ A bi l i t y t o I dent i f y F ert i l e I nt rus i ons ’ 17
Slide 18: Octagonal & Magnus Prospects
OCTAGONAL & MAGNUS PROSPECTS For personal use only Two ‘Eye’ Feature Intrusions Distinctive Nova type ‘eye’ features Aircore & Diamond drilling identified prospective Ni-Cu intrusions with sulphides Right intrusive rocks for nickel- copper e.g. Nova/Voisey’s Bay Ideal targets for Seismic app
Slide 19: Recognised Industry Professionals
RECOGNISED INDUSTRY PROFESSIONALS For personal use only A & A CRAWFORD Geological Research Consultants RN&N ENGLAND Petrologist Geochemical Services Pty Ltd ‘Persistence and Perseverance will Land the Prize’ 19
Slide 20: Rockford 2022 Work Programs
ROCKFORD 2022 WORK PROGRAMS For personal use only 2021 Jan Feb Mar Apr May Jun Mawson Prospect Statutory Approvals Seismic Processing & Modelling Target Generation Diamond Drilling Geophysics DHTEM Regional Statutory Approvals Geophysics MLTEM Aircore Drilling ‘Systematic Exploration of Existing and
Slide 21: Join the Legend Journey
JOIN THE LEGEND JOURNEY…. For personal use only Right Project, Right Commodity, Right Time Systematic, Persistent, Committed Well Funded to Execute Right People with Skin in the Game Passion to Grow Shareholder Value ‘ H i g hl y L evera g ed to Succes s ’ 21
Slide 22: The End – Thank you
For personal use only The End Thank you Oliver Kiddie Executive Director ASX:LEG @LegendMiningLtd w w w. l eg endmi ni ng . com. a u 22