Lachlan Star Limited · ASX:LSA
Lachlan Star — Investor Presentation (May 2025)
22 slides from Lachlan Star's investor presentation, May 13, 2025
Slide 1: Unlocking Value Through Gold and Copper Discovery
For personal use only UNLOCKING VALUE THROUGH GOLD AND COPPER DISCOVERY INVESTOR PRESENTATION MAY 2025 ANDREW TYRRELL Chief Executive Officer ASX: LSA
Slide 2: Important Information
IMPORTANT INFORMATION Forward Looking Statements This Presentation contains forward-looking statements which are identified by words such as ‘may’, ‘could’, ‘believes’, ‘estimates’, ‘targets’, ‘expects’, or ‘intends’ and other similar words that involve risks and For personal use only uncertainties.
Slide 3: Corporate Overview
Corporate Overview MANAGEMENT BOARD CAPITAL STRUCTURE For personal use only Andrew Tyrrell Gary Steinepreis Share Price (09/05/25) $0.055 Chief Executive Officer Non-Executive Chairman Geologist with 24+ years experience in the minerals Chartered Accountant with 30+ years experience with Shares 252,
Slide 4: Investment Highlights
Investment Highlights Unlocking Value through Gold and Copper Discovery For personal use only Discovery Potential: Robust pipeline of drill ready high- quality gold and copper targets News Flow Catalysts: Multiple drill prorgams across the exploration portfolio Strategically Positioned: Tenure withi
Slide 5: Tier Mining Jurisdictions
Tier 1 Mining Jurisdictions For personal use only Prominent and strategic land position (~3,500sqkm) Within World-Class endowed mineral provinces Next to operating mines and high-profile exploration projects Multiple opportunities for gold and copper-gold discovery LSA Mineral Resources sourced from
Slide 6: Killaloe Project
For personal use only Killaloe Project Western Australia, 80-100% ASX: LSA
Slide 7: Killaloe Project
Killaloe Project All permits/clearances received For personal use only Drilling to commence in May Duke Prospect • Significant near-surface Au intercepts, that remain open, including; • 24m @ 2.15g/t Au, including 4m @ 5.60g/t Au (BUX86) Duchess Prospect • Up to 4.76g/t Au in soils, multiple +1g
Slide 8: Duke Prospect
Duke Prospect • Near surface oxide-to-transitional gold system1 For personal use only • 250m long, 30m wide and to 50m depth • Avg. grades to 1.5g/t and locally up to 6g/t Au • Open along strike, down dip and down plunge • Priority RC drilling to expand gold mineralised footprint LSA 1 See ASX Annou
Slide 9: Killaloe Project: Strategically Positioned, Ripe for Discovery
Killaloe Project For personal use only Strategically Positioned, Ripe for Discovery • Favourable geology – Kambalda-equivalent stratigraphy • Prospective structural setting – southern extension to Zuleika Shear (+20Moz Au endowment) • Emerging gold corridor – modern discoveries incl. Baloo (+260koz
Slide 10: North Cobar Project
For personal use only North Cobar Project New South Wales, 100% ASX: LSA
Slide 11: World Class Mineral Field
World Class Mineral Field For personal use only Cobar Mining District - Rich +150yr Mining History • Highly ranked jurisdiction, endowed in quality copper- gold (+ lead-zinc-silver) systems • Recent significant discoveries and mine development1 Cobar Projects – Copper-Gold Opportunity • Commanding ~
Slide 12: Percival – a CSA-Type Setting?
2D Inversion Chargeability, 0.6mGal gravity shells, 100m upward continued RTP mag Percival – a CSA-Type Setting? • ‘Rookery Fault Zone’ north-south parallel faults with For personal use only relay/transfer faults and area of dilatancy (fluid focus) • Chargeability (15-20mV/V) anomaly over 400m, co
Slide 13: Percival Prospect v CSA Mine
Percival Prospect v CSA Mine Section L60000N – Chargeability model High IP chargeability For personal use only • 15-20mV/V - interpreted to define high content sulphide mineralisation • moderate depth to target (150-200m below surface) Low IP resistivity • vertical low resistivity coincident with hi
Slide 14: Galahad Prospect - North
Galahad Prospect - North Moderate chargeability (6mV/V) – mineralisation? For personal use only Section L22750N – Chargeability model 2D Inversion Chargeability, 0.5mGal gravity shells Gravity high (>0.42gGal) Sharp boundary – fault ? – alteration? • Major faults, local splays and complexity – Rooke
Slide 15: Galahad Prospect - South
Galahad Prospect - South Moderate chargeability (6mV/V) – mineralisation? For personal use only Section L21250N – Chargeability model Gradient change 2D Inversion Chargeability, 0.5mGal gravity shells Gradient change Gravity high (>0.5mGal, red) – alteration? Magnetic high Magnetic low (blue) – alte
Slide 16: Junee Project – Basin Creek Prospect
For personal use only Junee Project Basin Creek Prospect New South Wales, 100% ASX: LSA
Slide 17: Macquarie Arc: Australia's Gold and Copper Heartland
Macquarie Arc Australia’s Gold and Copper Heartland For personal use only • 110Moz gold and 19Mt copper endowment1,2 • Major hub of M&A / Exploration activity3 • Newmont 100% acquisition of Newcrest, • Evolution 80% acquisition of Northparkes, • Majors in Exploration partnerships (Newmont, AngloGold
Slide 18: Mineral System Scale Potential
Mineral System Scale Potential Strong association For personal use only between chargeability and copper mineralisation LSA Note, refer to ASX Announcement 16 January 2025 and 10 February 2025 18
Slide 19: System with Scale Potential
System with Scale Potential Compelling large-scale For personal use only copper target Project is Drill Ready open and untested LSA Note, refer to ASX Announcement 16 January 2025 and 10 February 2025 19
Slide 20: Investment Case
Investment Case VALUE PROPOSITION : MULTIPLE DRILL-READY TARGETS LEVERAGED FOR EXPLORATION SUCCESS For personal use only News Flow Catalysts - active on-ground exploration across the exploration portfolio with focus on discovery through the drill bit - Killaloe (Au), North Cobar (Cu) & Basin Creek (
Slide 21: Contact Details
CONTACT DETAILS For personal use only Andrew Tyrrell Chief Executive Officer andrew.tyrrell@lachlanstar.com Lachlan Star Limited Alan Hawkins Level 2, 1292 Hay Street Exploration Manager West Perth WA 6005, Australia alan.hawkins@lachlanstar.com info@lachlanstar.com https://lachlanstar.com/ https://
Slide 22: Appendix: M&A, Partnership and Exploration Activity References
Appendix M&A, Partnership and Exploration Activity References For personal use only 5 April 2023 - Newmont and Legacy Minerals enter Farm-in and Joint Venture Agreement at the Bauloora Epithermal Gold Project - ASX Announcement (https://legacyminerals.com.au/) 14 May 2023 - Newmont Enters into Defin