LEGEND MINING LIMITED — AGM Information 2011

May 25, 2011

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Legend Mining Limited
Level 2, 640 Murray Street, West Perth WA 6005
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“ Ngovayang Iron Ore Project”

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Legend Annual General Meeting
26 May 2011
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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.

Any forward looking information in this presentation has been prepared on the basis of a number of assum p tions that ma y p rove not to be correct. Neither Le g end Minin g Limited , nor its officers , em p lo y ees and advisors make or give any representation, warranty or guarantee in relation to this presentation.

Legend Mining Limited reserves the right to update, amend or supplement the Information in this presentation at any time in its absolute discretion without incurring any obligation to do so.

The information in this presentation that relates to exploration results is based on information compiled by Mr Derek Waterfield who is a member of the Australian Institute of Geoscientists and is a consultant to Legend Mining Limited.

Mr Derek Waterfield has sufficient experience which is relevant to the style of mineralisation and type of de p osit under consideration and to the activit y which he is undertakin g to q ualif y as a Com p etent Person as defined in the 2004 Edition of the ‘Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves” (the JORC Code).

Mr Derek Waterfield consents to the inclusion in this presentation of the matters that relate to exploration results which in the form and context in which it appears.

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www.legendmining.com.au
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• Mineral Exploration Company with a strong cash position

• Focussed on Iron Ore in West Africa

• 3900km[2] in two project areas in Cameroon

• T wo pro j ect areas n i W estern ustra A li a

• Management strategy for growth

• Delineate magnetite resource whilst continuing the search for DSO in Cameroon

• Further project acquisition

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People Infrastructure Project Size Iron Ore Prospectivity

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Sundance Ltd Access Co-operation Agreement May 2011

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2972km[2] contiguous area held by three granted exploration permits

Extensive aeromagnetic survey completed February 2010

R e d i n di cates hi g h est tota magnet c l i intensity

Red areas much more extensive than indicated by previous mapping (BRGM 1986)

Exploration Activity Summary

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2972km[2] contiguous area held by three granted exploration permits

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Alpha
Hill 335/419
R e d i n di cates
intensity
Melombo
North
(BRGM 1986)
www.legendmining.com.au
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Extensive aeromagnetic survey completed February 2010

R e d i n di cates hi g h est tota magnet c l i intensity

Red areas much more extensive than indicated by previous mapping (BRGM 1986)

Exploration Activity Summary

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Hill 464

• Topo/ Stratigraphic

• First indication of magnetite gneiss

Alpha

• Fi rs t M ag T arge t

• Metallurgical sample from hole NESDO11

Hill 335

• Mag Target

• Outcrop Geology

• See section next slide

Hill 419

• Mag Target

• See section next slide

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NMELD 002 94.85m @ 17.6% Fe

NMELD 007 58 . 42m @ 22 . 8% Fe

Magnetite intercepted in each drill hole

F urt h er mo d e lli ng to ass i st nterpretat i i on

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	Average DTR Product Grade for Sample Met1 Product Mass % Fe Distribution% Fe% SiO2% Al2O3% P% S% LOI%	Average DTR Product Grade for Sample Met1 Product Mass % Fe Distribution% Fe% SiO2% Al2O3% P% S% LOI%	Average DTR Product Grade for Sample Met1 Product Mass % Fe Distribution% Fe% SiO2% Al2O3% P% S% LOI%	Average DTR Product Grade for Sample Met1 Product Mass % Fe Distribution% Fe% SiO2% Al2O3% P% S% LOI%	Average DTR Product Grade for Sample Met1 Product Mass % Fe Distribution% Fe% SiO2% Al2O3% P% S% LOI%	Average DTR Product Grade for Sample Met1 Product Mass % Fe Distribution% Fe% SiO2% Al2O3% P% S% LOI%	Average DTR Product Grade for Sample Met1 Product Mass % Fe Distribution% Fe% SiO2% Al2O3% P% S% LOI%	Average DTR Product Grade for Sample Met1 Product Mass % Fe Distribution% Fe% SiO2% Al2O3% P% S% LOI%	Average DTR Product Grade for Sample Met1 Product Mass % Fe Distribution% Fe% SiO2% Al2O3% P% S% LOI%
	Average DTR Product Grade for Sample Met1
	Product	Mass %	Fe Distribution%	Fe%	SiO2%	Al2O3%	P%	S%	LOI%
	Head	100	100	31.45	47.48	2.98	0.097	0.070	-0.89
	Concentrate	36.8	82.7	70.8	1.42	0.20	0.006	0.028	-3.30
Coarse Grain CoarseGrind Low Impurities SimleProcess High Iron SaleableProduct
p Low Power Cost Low Cost

Magnetite Gneiss Core – Hole NESD011 (sample MET1)

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 Magnetite Gneiss identified as host rock

• Positive Metallurgical Test/Quality Magnetite

• DSO Potential

• Drilling ongoing

• Reconnaissance work ongoing

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