LEGEND MINING LIMITED — Investor Presentation 2019

Sep 26, 2019

ASX:LEG

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General Shareholder Meeting – Rockford Project Update – 27 September 2019

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ROCKFORD PROJECT – TRANSFORMATIONAL AGREEMENTS

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CAPITAL RAISE AND JOINT VENTURES

• Capital raise $9.8M @ 3.6 cps to IGO

• New Creasy Group JVA @ 3.6 cps

JVA Title	Tenement Area km2 Ownership	Tenement Area km2 Ownership	Tenement Area km2 Ownership
Rockford JVA 2019	E28/2190	355	IGO 60% / Creasy 30% / Legend 10%
	E28/2191	278
Legend/IGO JVA 2019	E28/2675	11.8	IGO 70% / Legend 30%
	E28/2676	5.9
	E28/2677	5.9
Ponton JVA 2019	E28/1716	355	Legend 70% / Creasy 30%
	E28/1617	354
Ponton JVA 2015	E28/1718	353	Legend 70% / Creasy 30%
	E28/1727	353
Rockford JVA 2015	E28/2188	354	Legend 70% / Creasy 30%
	E28/2189	331
	E28/2192	91
NA	E28/2404	58.8	Legend 100%
	E28/2405	179.7

“Transformational Deals with Independence Group and Creasy Group”

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“IGO believes in the Albany Fraser Belt and is positioning itself of exponential growth.”

“IGO Nova Site Visit Presentation 2 August 2019 (p.58 & 60)”

ROCKFORD PROJECT – TRANSFORMATIONAL AGREEMENTS

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NEW JOINT VENTURE AGREEMENTS

• New JVA with Creasy Group 70/30

• Tenements contiguous with existing

• 709km[2] - total project now 3088km[2]

• Nickel-copper sulphides at Octagonal

• Increased exposure to Western Stratigraphic Package

• Two new JVAs with Creasy Group & IGO

• IGO technical & financial impetus

• Legend interest now free carried to mining joint venture

Octagonal prospect: Massive sulphide containing pyrrhotite-pentlandite-chalcopyrite hosted in olivine bearing gabbronorite.

Drillhole OCT002: 0.36m @ 0.89% Ni, 0.29% Cu, 0.12% Co from 497.07m.

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ROCKFORD PROSPECT UPDATE – SEPTEMBER 2019 ACTIVITY

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LF MLTEM SURVEY AT AREA D

• 4 X 3km lines/200m line spacing

• 100m stations along lines (200m x 200m loops)

• Very low frequencies designed to identify massive sulphide bodies

• Diamond drilling scheduled October 2019

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Area D Prospect

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SIR Nov 2011 (Nova discovery July 2012)

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“Pre-discovery Nova / Area D comparison”
LEG May 2018
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BHP BILLITON – NICKEL WEST NEW GREENFIELDS NICKEL PROJECT

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BHP Nickel West Arrives! - “Seahorse Project, Madura Province – August 2019”

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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 may prove not to be correct. Neither Legend Mining Limited, nor its officers, employees 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 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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