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LEGEND MINING LIMITED — Investor Presentation 2015
Jul 9, 2015
65223_rns_2015-07-09_5fb261e9-83f5-4682-a78f-24438fb3a100.pdf
Investor Presentation
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LEGEND MINING LIMITED
Company Presentation – July 2015
ABOUT LEGEND
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ASX listed exploration company
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Market capitalisation ~$18M (2B shares @ 0.9c)
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Cash and liquids ~$12M (+$6M August 2015)
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New Fraser Range Project – Rockford
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Chairman Michael Atkins
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Managing Director Mark Wilson
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Exec. Director - Technical Derek Waterfield
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Company Secretary Dennis Wilkins
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PROJECT LOCATION
Located in northern Fraser Range District 120km NE of Nova 100km S of Tropicana Comprises eight granted exploration licences and two applications covering 2,939km[2] Infrastructure access
Project potential for
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Nova style Nickel-Copper
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Tropicana style Gold
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PROJECT GENERATION
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Nova discovery identified Fraser Range as exploration “hot spot”
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Legend identified where it wanted to be in Fraser Range from regional datasets – “Fraser Zone”
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CA with Creasy Group provided access to further high quality data
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Aeromagnetic Survey
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Gravity Survey
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Aircore drilling
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Creasy Group data confirmed high prospectivity of Project
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ROCKFORD PROJECT – BIGGEST BLOCK ON BEST STREET
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Biggest Block - 2,939km[2] contiguous tenure
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Best Street - Fraser Zone (gravity, geology and aeromagnetics)
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Project covers 100km strike of gravity high “ridge”, similar to Nova
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High quality aeromagnetic and gravity data acquired with project allows direct targeting of mafic/ultramafic intrusives
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Aircore drilling has identified prospective nickel host rocks
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Rockford has all the “right” ingredients
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ROCKFORD PROJECT
REGIONAL SETTING – BIGGEST BLOCK ON BEST STREET
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High quality gravity data to assist targeting Gravity hot spots show similarities to “Nova” setting Mafic / ultramafic geology consistent with gravity
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ROCKFORD PROJECT
ROCKFORD PROJECT NEW TRANSACTION
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- Legend acquired 70% interest in new package from Creasy Group via:
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$2.5M cash
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71.5M shares @ $0.007
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150M options, $0.04 (5 year term)
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Legend to sole fund exploration with Creasy Group 30% free carried to signing of Mining Venture Agreement
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Subject to Shareholder approval
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Likely meeting date early September
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NEW TRANSACTION
STRATEGY
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Nova discovery “template”
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Learn from fellow explorers
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First 6 Months
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Data interpretation and integration
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Target selection
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Ground EM – define conductors
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Drill test conductors
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One drillhole from the next Nova
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ROCKFORD PROJECT
Highly Prospective Rockford Project Well Funded Experienced Team Grow Shareholder Value
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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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LEGEND MINING LIMITED
July 2015