Lefroy Exploration Ltd. · ASX:LEX

Lefroy Exploration — Investor Presentation (April 2025)

18 slides from Lefroy Exploration's investor presentation, April 2025

  1. Slide 1: Pathway to Production

    Pathway to Production Targeting Gold Production in CY 2025 Investor Presentation April 2025 ASX:LEX

  2. Slide 2: Disclaimer

    Disclaimer This presentation contains summary information about Lefroy Exploration Limited (LEX) and is current as of the cover date. It does not represent an offer of securities for subscription or sale in any jurisdiction nor a securities recommendation. The information contained in this presentat

  3. Slide 3: Pathway to Production

    Pathway to Production Shallow, high-grade deposits located near processing infrastructure v via Proven commercialisation pathway profit-sharing mine agreement LEFROY EXPLORATION Meaningful cashflow generation to fund further development of existing deposits and future exploration Commanding 635km2 p

  4. Slide 4: Corporate Snapshot

    Corporate Snapshot Excellence & Integrity – Board Of Directors Share Price (27 Mar 25): Shares on issue: Market Cap: $.085 248M $21.1M Enterprise Value: Cash (31 Dec 24): $17.8M $3.3M David Kelly Tara French Michael Davies Non-Executive Chairman Non-Executive Director Non-Executive Director Share pr

  5. Slide 5: Commanding Land Holding

    Commanding Land Holding Prime Real Estate in Kalgoorlie-Kambalda • Large 635km2 contiguous tenement package in world-class Kalgoorlie-Kambalda mining district • Only 20km from Kambalda and 35km from Kalgoorlie – two established and well serviced mining LEFROY EXPLORATION centres • Close to existing

  6. Slide 6: Commercialising the Lefroy Corridor

    Commercialising the Lefroy Corridor 40km corridor of shallow high-grade deposits Strong gold price supports commercial strategy LEFROY EXPLORATION Cashflow generation to support future exploration across the corridor Two additional projects with potential for production outcomes Company growth throu

  7. Slide 7: Lucky Strike Profit-Sharing Mine Agreement Timeline

    Lucky Strike Profit-Sharing Mine Agreement Timeline CY Q1: RC Drilling Agreement with private mining contractor – BML Ventures* CY Q1: RC Results • Lucky Strike Deposit has a total MRE of 1.27Mt @ 1.95g/t for 79,600 ounces • BML will be statutory Mine Operator, with responsibility for all capital an

  8. Slide 8: Lucky Strike Resource Infill and Extension Drilling Timeline

    Lucky Strike Resource Infill and Extension Drilling Timeline • 3000m pre-mining resource infill / extensional RC Drill program • Results validate geology and resource models within top 50m of CY Q1: RC Drilling (February)* surface, pit shell optimisation underway • Significant intersections outside

  9. Slide 9: Opportunities to Commercialise Additional Deposits

    Opportunities to Commercialise Additional Deposits Mt Martin • Shallow MRE* of 9.29Mt @ 1.47g/t Au for 439,000 oz • Limited drilling along strike and east of the Mt Martin resource Burns Central (Au) and Regional • Untapped potential extending 4km north LEFROY EXPLORATION of Burns Central resource**

  10. Slide 10: Mt Martin – Near Surface Gold Resource

    Mt Martin – Near Surface Gold Resource Focus on near-surface (200m depth) gold resource base • Shallow MRE of 9.29Mt @ 1.47g/t Au for 439,000 contained ounces* • Incorporates 29-hole RC program from December 2023 targeting Main and East Shear • Thick high-grade intersections including: • 21.24m @ 4.

  11. Slide 11: Mt Martin – Significant Exploration Upside

    Mt Martin – Significant Exploration Upside Numerous shallow targets to drive resource growth • Targeting shallow high-grade shear hosted mineralisation along strike and east of existing resource • Main corridors for growth along East and Adelaide Shears. LEFROY EXPLORATION • East Shear testing north

  12. Slide 12: Burns Central – High Grade Shallow Resource

    Burns Central – High Grade Shallow Resource Significant shallow high-grade Au zone delineated • The Burns high grade zone totals 4.22Mt @ 1.18 g/t Au for 159,285 contained ounces* (0.5g/t Au cut-off) which includes: • 46,538 oz of gold (Au) in oxide, • 8,154 oz gold (Au) in transitional; and LEFROY

  13. Slide 13: Burns Central – High Grade Shallow Resource

    Burns Central – High Grade Shallow Resource Significant shallow high-grade Au zone delineated • Consistent high-grade corridor, extending over 650m strike length • Significant, thick intersections, including: • 61m@ 2.96 g/t Au* (from 120m), including 37m @ 4.23 g/t Au (from 126m) (LEFR320) LEFROY E

  14. Slide 14: Regional – Over 4km of Unlocked Potential

    Regional – Over 4km of Unlocked Potential Multiple zones for potential to host additional high-grade zones • Quimby Fault corridor interpreted to control position of high-grade Au corridor at Burns Central • 4km Northwest striking magnetic trend extending north of Burns • Multiple faulted / structur

  15. Slide 15: Investment Highlights

    Investment Highlights LEFROY EXPLORATION Shallow, high-grade Proven Meaningful cashflow Commanding 635km2 deposits located commercialisation generation to fund further prospective land near processing pathway via profit- development of existing package in the infrastructure sharing mine agreement de

  16. Slide 16: Thank You

    Thank You Level 3, 7 Rheola St, West Perth WA 6005 Australia +61 08 9321 0984 lefroyex.com

  17. Slide 17: Appendices

    Appendices

  18. Slide 18: Total Indicated & Inferred Resources

    Total Indicated & Inferred Resources Gold Indicated Inferred Total Resource Deposit Mt Au (g/t) Oz Mt Au (g/t) Oz Mt Au (g/t) Oz Red Dale1 0.64 1.21 24,660 0.03 0.60 570 0.67 1.18 25,230 Lucky Strike1 0.70 1.93 43,400 0.57 1.97 36,200 1.27 1.95 79,600 Mt Martin2 5.60 1.4 247,500 3.69 1.61 191,500 9.

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