LEGEND MINING LIMITED — AGM Information 2017

May 17, 2017

ASX:LEG

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LEGEND MINING LIMITED

ANNUAL GENERAL MEETING – 18 MAY 2017

ACTIVITIES REPORT – MARK WILSON, MANAGING DIRECTOR

DISCLOSURE

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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 assumptions that not to be advisors make or may prove correct. Neither Legend Mining Limited, nor its officers, employees and 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 full time employee of Legend Mining Limited.

Mr Derek Waterfield has sufficient experience which is relevant to the style of mineralisation and type of deposit under consideration and to the activity which he is undertaking to qualify as a Competent Person as defined in the 2012 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 in the form and context in which it appears.

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PROJECT LOCATION

Located in northern Fraser Range District 120km NE of Nova 100km S of Tropicana Comprises nine granted exploration licences and three applications covering 2,792km[2] Infrastructure access

Project potential for

• Nova style Nickel-Copper

• Tropicana style Gold

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INNOVATIVE EM

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• 500m line space - 300m x 300m square ‘loops’

• High power ~200amp

• Unique transmitter – wave type

• Reading technique – out of loop ‘slingram’

High Power EM transmitter

Cable size

Innovative EM System

ROCKFORD PROJECT

AIRCORE DRILLING

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GEOLOGY KNOWLEDGE

• Depth of Cover

• Regolith type

• Rock type at Bottom of Hole

• Assays

• Petrology

Samples ready for Assaying

Aircore Drillrig

ROCKFORD PROJECT

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MOVING LOOP EM – SURVEY LOCATIONS

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 First surveys Sept 15  Ongoing  Qualifies for R&D tax rebate ($1.037M 2016)  Area selection from gravity and mag interpretation  Only 5.1% of total project area covered

Area N Location

“First Pass Exploration Technique”

ROCKFORD PROJECT

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MOVING AND FIXED LOOP - AREA N

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Area N Conductors on Aeromagnetics (top) and Gravity (bottom)

 Dec 2015 – Moving Loop identified conductors

 May 2017 – Fixed Loop better defines conductors

o N1 – 850 x 300m ~ 500m deep ~ 9000S

o N2 – 700 x 600m ~350m deep ~ 450S

 N1 conductor lies on SE margin of gravity and aeromagnetic features

“Fixed Loop enables more accurate modelling”

ROCKFORD PROJECT

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AIRCORE - AREA N

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 Lithology

• Assays

• Petrology

• Updip projection of N1 conductor and gravity high

Aircore Drill Section at Area N

“Anomalous Assays in Regolith and Positive Petrology Report”

Aircore Drillhole RKAC068 (61m) at Area N

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ROCKFORD PROJECT

FUTURE PROGRAMMES

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• RC/Diamond Drilling N1 and N2 and other TBA

• Ongoing Moving and Fixed Loop Surveys

• Ongoing Aircore Drilling Programmes

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L E G E N D M I N I N G L I M I T E D

A S X : L E G

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THANK YOU

L E G E N D M I N I N G L I M I T E D

A S X : L E G