Lefroy Exploration Ltd. · ASX:LEX
Lefroy Exploration — AMEC Investor Briefing April 2024
19 slides from Lefroy Exploration's conference presentation, April 2024
Slide 1: Positioned for Growth
POSITIONED FOR GROWTH Advanced Kalgoorlie-Kambalda based gold, copper and nickel projects Commanding land position inTier 1 location Pipeline ofactivity provides pathway to development and commercialisation Premier mining jurisdiction provides low capital development options Graeme Gribbin, Chief Ex
Slide 2: Disclaimer
Disclaimer This presentation contains summary information about Lefroy Exploration Limited (LEX) and is current as of 9 April 2024. It does not represent an offer of securities for subscription or sale in any jurisdiction nor a securities recommendation. The information contained in this presentatio
Slide 3: About Lefroy Exploration
ABOUT LEFROY EXPORATION WHAT WE DO AND HOW WE DO IT Near-term gold focussed exploration across existing 635km2 Kalgoorlie- Kambalda land package Proven track record of discovery with existing resource of +1.1 million ounces across four projects Opportunity to rapidly grow resource through targeted s
Slide 4: Commanding Land Holding
COMMANDING LAND HOLDING Location PRIME REAL 45ESTATE is now our IN focus: KALGOORLIE-KAMBALDA o Large 635km2 contiguous tenement package in world-class Kambalda–Kalgoorlie mining district o Only 20km from Kambalda and 35km from Kalgoorlie – two established and well serviced mining centres o Close to
Slide 5: A Growing Precious and Battery Metals Mix
A GROWING PRECIOUS AND BATTERY METALS MIX GOLD AND GOLD-COPPER ASSETS LOCATION 45 - MT MARTIN (Au) BURNS CENTRAL PORPHYRY (Au, Cu) LUCKY STRIKE (Au) o JORC 2012 Resource o Maiden MRE released May 2023 o Contains 1.27Mt @ 1.95 1.1Moz (8.72Mt @ 1.79g/t Au for o Contains 43Mt for 497,000oz g/t for 79,6
Slide 6: Strategy and Pathway to Growth
STRATEGY AND PATHWAY TO GROWTH CLEAR COMPANY GOALS o Growing the resource base with an ongoing o Generate targeted, systematic exploration o Maintain a balanced, diverse exploration view towards near-term commercialisation. programs with measurable success hurdles. pipeline of targets leading to new
Slide 7: Advancing High Grade Targets
ADVANCING HIGH GRADE TARGETS RESOURCE GROWTH POTENTIAL o Advanced targets at Lucky Strike immediately along strike from existing resource. o Shallow targets along strike and down plunge of high-grade results last drilled in 2020. o Significant exploration upside at Havelock o Initial 2500m RC drilli
Slide 8: Lucky Strike – By Name and Nature
LUCKY STRIKE – BY NAME AND NATURE TESTING ALONG AN ESTABLISHED TREND o Gold mineralisation trend defined by wide spaced AC drilling with 3km strike length o Several high-grade gold intersections within 150m (vertical depth) from surface remain untested down plunge and along strike o Over 15km of sig
Slide 9: Lucky Strike – Following Up Historical Success
LUCKY STRIKE – FOLLOWING UP HISTORICAL SUCCESS INTERSECTIONS REMAIN UNTESTED BOTH DOWN-PLUNGE AND ALONG STRIKE o 8m @ 18.66g/t Au from 145m, including: o 11m @ 3.48 g/t Au from o 22m @ 2.49 g/t Au from 170m (LEFR216) 63m (LEFR152) • 5m @ 28.1g/t Au from 145m (LEFR217) Figure 5: Lucky Strike long sec
Slide 10: Havelock – Luck Striking Twice
HAVELOCK – LUCK STRIKING TWICE ANALAGOUS AND PROXIMAL TO LUCKY STRIKE • Target identified by Lefroy in 2018 • Corridor defined by a 9.5km linear magnetic unit parallel to and southwest of the Lucky Strike trend • Drilling intersections in 2020 found to be similar to the rocks hosting mineralisation
Slide 11: Mt Martin – Growing a Half Million Oz Resource
MT MARTIN – GROWING A HALF MILLION OZ RESOURCE OPPORTUNITY FOR MULTIPLE UNTESTED PARALLEL STRUCTURES AT DEPTH • Completion of 29-hole RC drilling program in December 2023. • Significant intersections returned in January 2024, including confirmation of mineral lode east of Mt Martin Pit (East Lode)
Slide 12: Opportunities Abound
OPPORTUNITIES ABOUND LOCATION 45 o Negligible on ground exploration undertaken for gold in almost 20 years; very limited regional exploration o Historical mapping and geophysical interpretation coupled with new geochemical sampling data, modern mapping and structural interpretation to guide target g
Slide 13: Exploration Activity Timeline
EXPLORATION ACTIVITY TIMELINE 2024 APR MAY JUN JUL AUG SEP OCT NOV DEC RESOURCE GROWTH Lucky Strike RC drilling Mt Martin resource update PRE-RESOURCE PROJECTS Havelock RC drilling Erinmore AC drilling GENERATIVE PROJECTS Location 45 Regional Western Lefroy JV Lake Johnston AMEC INVESTOR BRIEFING |
Slide 14: Experienced and Skilled Team
EXPERIENCED AND SKILLED TEAM SKILLED & EXPERIENCED EXPLORATION TEAM EXPLORATION TEAM Graeme Gribbin Chris Hesford Honor Wilson Braden Strawbridge-Hill Kristel Sarak Chief Executive Officer Senior Exploration Geologist Project Geologist Field Logistics Supervisor Project Administrator EXCELLENCE & IN
Slide 15: Investment Highlights
INVESTMENT HIGHLIGHTS Exploration ready with drilling Transformative Location 45 acquisition on Expanding portfolio of precious and critical commencing on high-grade gold targets private (freehold) land title provides minerals, including over 1.1 million oz of in April 2024, with extended pipeline o
Slide 16: Competent Person Statement
Competent Person Statement The following announcements were lodged with the ASX and further details (including supporting JORC Tables) that have been used in part to inform this presentation. The Company confirms it is not aware of any new information or data that materially affects the information
Slide 17: Thankyou
ASX: LEX Thankyou Level 3, 7 Rheola St West Perth WA 6005 Australia +61 08 9321 0984 lefroyex.com
Slide 18: Appendices
Appendices
Slide 19: Total Indicated & Inferred Resources
TOTAL INDICATED & INFERRED RESOURCES Orogenic Gold Style Deposit Indicated Inferred Total Resource Mt Au (g/t) Oz Mt Au (g/t) Oz Mt Au (g/t) Oz Red Dale 0.64 1.21 24,660 0.03 0.60 570 0.67 1.18 25,230 Lucky Strike 0.70 1.93 43,400 0.57 1.97 36,200 1.27 1.95 79,600 Mt Martin 5.31 1.82 311,048 3.41 1.
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