Announcement PDF FOCUSED ON Au-Cu DISCOVERY IN THE LACHLAN FOLD BELT 15 JUNE 2022 GOLD CONFERENCE SYDNEY ASX: LGM DISCLAIMER This presentation may contain certain statements and projections provided by or on behalf of Legacy Minerals Holdings Limited (ASX: LGM, Legacy Minerals, or the Company) with respect to the anticipated future undertakings. These forward-looking statements reflect various assumptions by or on behalf of Legacy Minerals. Accordingly, these statements are subject to significant business, economic and competitive uncertainties and contingencies associated with the mining industry which may be beyond the control of Legacy Minerals which could cause actual results or trends to differ materially, including but not limited to price and currency fluctuations, geotechnical factors, drilling and production results, development progress, operating results, reserve estimates, legislative, fiscal and regulatory developments, economic and financial markets conditions in various countries, approvals and cost estimates, environmental risks, ability to meet funding requirements, share price volatility. Accordingly, there can be no assurance that such statements and projections will be realised. Legacy Minerals makes no representations as to the accuracy or completeness of any such statement of projections or that any forecasts will be achieved. Additionally, Legacy Minerals makes no representation or warranty, express or implied, in relation to, and no responsibility or liability (whether for negligence, under statute or otherwise) is or will be accepted by Legacy Minerals or by any of their respective officers, directors, shareholders, partners, employees, or advisers as to or in relation to the accuracy or completeness of the information, statements, opinions or matters (express or implied) arising out of, contained in or derived from this presentation or any omission from this presentation or of any other written or oral information or opinions provided now or in the future to any interested party or its advisers. In furnishing this presentation, Legacy Minerals undertakes no obligation to provide any additional or updated information whether as a result of new information, future events or results or otherwise. Nothing in this material should be construed as either an offer to sell or a solicitation of an offer to buy or sell securities. It does not include all available information and should not be used in isolation as a basis to invest in Legacy Minerals. This presentation contains exploration results and historic exploration results as originally reported the Company’s Prospectus dated 28 July 2021 and released 9 September and subsequent ASX market announcements. The Company confirms that it is not aware of any new information that materially affects the information included in the original market announcements and that all material assumptions and technical parameters underpinning the estimates in the relevant market announcements continue to apply and have not materially changed. The Company confirms that the form and context in which the Competent Persons’ findings are presented have not been materially modified from the original market announcements. The information in this presentation that relates to Exploration Targets, Exploration Results, Mineral Resources or Ore Reserves is based on information compiled by Thomas Wall, a Competent Person who is a Member of the Australian Institute of Geoscientists. Mr Wall is the Technical Director is a full-time employee of Legacy Minerals Limited and a shareholder, who has sufficient experience that is relevant to the style of mineralisation and type of deposit under consideration and to the activity being undertaken 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. Mr Wall consents to the inclusion in the report of the matters based on his information in the form and context in which it appears. The release of these presentation materials has been authorised by the Board. Date of Release: 10 November 2021 HARDEN GOLD MINE PROSPECT HN0013 at 194-195m ASX: LGM 15DEC21 Visible Gold Intercepted & Re-assays Upgrade Gold Results 2 WHY INVEST IN LEGACY MINERALS? IMMEDIATE DISCOVERY EXPOSURE • Cobar – in the center of the prolific mining district • Bauloora – one of NSW’s largest epithermals • Rockley – emerging porphyry district VALUE LEVERAGED TO EXPLORATION SUCCESS • 100% ownership of six significant projects • Strong news flow over coming months • Competitive market cap provides platform for growth PRIME POSITION WITH THE RIGHT EXPOSURE • High grade and shallow exploration targets • Low-cost opportunities to define additional targets • Robust portfolio with significant depth of targets ARTIFICIAL INTELLIGENCE EXPLORATION ALLIANCE1 • Earth AI to spend up to $4.5M across battery and critical metals focused tenements Mulholland and Fontenoy 1 ASX LGM 2 May 2022: $4.5M Alliance with Artificial Intelligence Explorer Earth AI Signed 3 ASX:LGM CORPORATE SNAPSHOT CAPITAL STRUCTURE1 ISSUED CAPITAL $0.140 Shares on Issues 75.2M Options on Issue ($0.3) 4.9M Market Capitalisation $12M Cash (at Mar-21) $3.6M Nil Top 20 61.3% Share Price $AUD Debt 29% 39% 32% IPO Shareholders Board and Management Other Shareholders 0.25 2500000 0.2 2000000 0.15 1500000 0.1 1000000 0.05 500000 0 13/09/2021 13/11/2021 13/01/2022 13/03/2022 Volume Price 13/05/2022 0 Dr David Carland Non-Executive Chairman Investment banker with over 40 experience. Has held senior positions at UBS, Bankers Trust, CRA (now Rio Tinto). Was recently the Non-Executive Chair of Rex Minerals (RXM) and is a director with Aguia Resources (AGR) Douglas Menzies Non-Executive Director Geologist with 28 years of widespread experience in the porphyry gold‐copper districts of PNG and Australia, epithermal gold‐silver projects in Australia, Indonesia, Fiji, Laos, Chile. Doug has held positions at Rio Tinto, Wafi‐Golpu, and is a director at Godolphin Resources (GRL) Matthew Wall Non-Executive Director Commercial specialist with over 35 years of experience in metals and mining across sales, marketing, logistics, trading, and risk management. Matt has held senior management roles with Rio Tinto, EDF Trading and Wood Mackenzie and is a director with Allegiance Coal (AHQ) MANAGEMENT Volume ASX Share Price DIRECTORS Christopher Byrne CEO & Managing Director Electrical Engineer with diverse experience in the mining sector with Anglo American across maintenance, operations, and capital works. Proven record of delivering large and complex mining and infrastructure projects in greenfield and brownfield environments Thomas Wall Exploration Manager & Executive Director Geologist with wide ranging exploration industry experience with senior roles at Peak Gold Mines and New South Resources. Demonstrated exploration and mining success across a variety of commodities and deposit styles 1 As of 14 June 2022 4 COBAR Au-Cu (Pb-Zn) Positioned in the Heart of the Cobar Basin PRIMED FOR DISCOVERY • World class jurisdiction seeing continued exploration success • Less than 10km from Metals Acquisition Corp’s CSA Mine (recently purchased from Glencore for $1.1B USD) • Underpins the value growth of the company • Proximity to infrastructure and skilled mining workforce Undrilled targets • Only 4 RC holes across northern tenement • Undrilled geophysical anomalies - AEM conductors, IP, and magnetic targets Regionally significant lag anomaly • Gold in lag up to 1.5g/t Au & 0.43g/t Au1 (Yarrawonga) • Most major Cobar discoveries have associated lag anomalies • Nearby undrilled IP and AEM targets Active Work Programs • Large scale soil program • Ground Magnetics • Government Funded Aerial Gravity1 • Government Funded Seismic1 1 NSW Government, 10 May 2022 Geophysical surveys to locate critical minerals across NSW 5 ALL THE RIGHT INGREDIENTS A Structural complexity – Mineralisation pathways Geochemically anomalous No sovereign risk, great land access, surrounded by mills and infrastructure Geophysically anomalous B 1 ASX: LGM 9 SEP Prospectus dated 28 July 2021 7 BAULOORA Au-Ag 100% ownership over one of NSW’s largest low sulphidation epithermals WHY EPITHERMALS? – WORLD CLASS POTENTIAL NSW’s Large Low-Sulphidation Epithermals • • • • Bauloora Gold Zone ASX:LGM Sydney Cowal, Evolution Mining, ~15Moz1 o ‘Gold Zone’ defined by 7.5 x 2km of >0.1g/t Au o One of the worlds largest undeveloped silver deposits Bowdens, Silver Mines 275Moz Ag Eq (84% M+I Resource)2 Mineral Hill, Kingston Resources Bauloora (100% Legacy Minerals) Bauloora – All the right ingredients Grade - Bonanza Ag grades, high-grade Au and base metals Mt Felstead Mine Scale - 27km2 zone of alteration and mineralisation Anomalous gold zone: 4km by 2.5km of >0.5g/t Au Preservation – recognition of sinter 1 Evolution Mining, 2018 Annual Minerals Resources and Ore Reserves Statement 2 Silver Mines Ltd https://www.silvermines.com.au/projects/bowdens-silver-project/ 9 TEXTBOOK EPITHERMAL SYSTEM Bauloora North Prospect Mt Felstead Prospect Sinter Prospect 15.1g/t Au 19.8g/t Au, 462g/t Ag, 6.28% Cu, 9.38% Pb+Zn Mee Mar Prospect Schematic model for epithermal and porphyry mineralisation with an interpretation of features at Bauloora, modified from Global Ore Discovery https://www.globalorediscovery.com 39.1g/t Au 267g/t Ag 11 MT FELSTEAD MINE - BONANZA GRADES Outstanding Grades in Maiden Drill Campaign • ASX:LGM Mt Felstead Mine Prospect 9m at 9.9% Zn + Pb, 2.0g/t Au, 28.4g/t Ag, and 0.2% Cu from 145m, including: • 2m at 29.3% Zn + Pb, 5.4g/t Au, 94.1g/t Ag, and 0.4% Cu from 148m Shallow orebody • Mineralised from surface • Strike open to the nth., sth., and down dip • Consistent high grades • Not yet tested below 150m depth Tip of the Iceberg • • Potential to represent top of a larger system Only covers a fraction of the Bauloora Gold Zone less than 1% 10 ROCKLEY Cu - Au Prime position in Australia’s premier Cu-Au porphyry district ROCKLEY-GULGONG – An emerging porphyry district ASX:LGM Overlooked Opportunities in the LFB • Alkane (ASX: ALK) held Boda tenement (Molong Belt) for 28 years before Boda discover was made1,2 • Alkane held LGM’s Rockley from 2013-2016 and conducted no porphyry exploration Porphyry prospectivity recognition • LGM’s tenement assessed to be the most prospective area for porphyry related Cu-Au • 3rd party assessment by the Geological Survey of NSW and Kenex Rockley-Gulgong Volcanics • Bushranger (LON:XTR) inferred Mineral Resource 71Mt at 0.44% Cu3 consider to have the potential to be a 500Mt Project4 • Preserved close to surface • Drilling intercepts the porphyry from 11m with recent intercepts 920m @ 0.3% Cu from 110m inc. 156m @ 0.48% Cu3 1 https://minview.geoscience.nsw.gov.au/ 2 ASX: ALK Discovery of Significant Porphyry Gold-Copper Mineralisation at Boda Prospect within Northern Molong Porphyry Project (NSW 3 Xtract Shareholder presentation October 2021 https://www.youtube.com/watch?v=iWwCu3DnatU 4 Xtract Resources plc 19 March 2021 First Drill Assay Results from the Bushranger Copper-Gold Project 13 ROCKLEY – Growing Au-Cu story ASX:LGM Overlooked and untested • District proven to host significant porphyry mineralisation • Limited geochemistry sampling and geophysical surveys across the tenement • Scarcity of drilling across the tenement • Only 22 RAB historical holes in south of the porphyry area of interest • No holes deeper than 15m depth All the right ingredients • Pyrite vein within silica altered sandstone (Rockley Quartz Prospect) 0.30g/t Au, 5.7g/t Ag, 0.54% Cu, 89ppm Pb, 2,160ppm Zn Right rocks in the right district • Macquarie Arc Ordovician host rocks • Historic high grade gold and copper mines grading up 21% Cu • Wide spread Au and Cu anomalism • 4km by 2km of rock chips grading 0.5% Cu Quartz vein with azurite staining (Quartz Hill Prospect) 0.25g/t Au, 69.3g/t Ag, 201ppm As, 2440ppm Cu, 1710ppm Sb and 14 HARDEN Au District scale control in one of the least explored gold regions of NSW HIGH GRADE GOLD MINES • District has produced ~460,000 oz of gold1 with the two largest historical hard rock mines held within LGM’s tenements • These two mines produced ~75,000 oz Au at 28.6g/t Au1 High-grade drill intercepts1, 2 • 5m at 7.06g/t Au from 110m incl. 2m at 17.17g/t Au (RC21HN005) • 3.6m at 21.7g/t Au from 116m incl. 2m at 37.9g/t Au (MR05) • 3m at 10.8g/t Au from 20m incl. 1m at 19.2g/t Au (HP27/8) • 4m at 4.12g/t Au from 79m incl. 3m at 6.41g/t Au (RC21HN006) • 6m at 3.65g/t Au from 128m incl. 3m at 6.41g/t Au (RC21HN011) Significant project scale • Multiple known mineralised faults with significant potential to define more Early Rudimentary Mining = Grade Left Behind • • Interpreted cut-off grade between 12-15g/t Au1 Mining operations ceased in 1913 due to dewatering challenges - hydro electric project that would have helped dewater the mine not delivered until 1928 1 ASX: LGM 9 SEP Prospectus dated 28 July 2021 2 ASX: LGM DEC2021 Quarterly Activities Report 17 Strategic Alliance to Explore Battery Metals1 Why Artificial Intelligence Who are Earth AI and what is artificial intelligence? • Demand vs supply – discovery rates are falling • AI will be a disrupters of traditional exploration models Commodity Focus – Fontenoy and Mulholland 27 Ni 58.693 29 Cu 63.546 50 Sn ASX:LGM 79 PGE 118.711 • Utilise artificial intelligence and machine learning to target, test, and verify discoveries • Targeting materials critical for the electric vehicle and renewable energy revolutions Au 196.697 Key Alliance Terms • Up to $4.5M to be spent by Earth AI over 2 years • Unlike a ‘classic JV’ – purely success based • • Royalty only earnt on a significant drilling discovery made • Up to 3% depending on co-funding option LGM retain 100% ownership 1 ASX LGM 2 May 2022: $4.5M Alliance with Artificial Intelligence Explorer Earth AI Signed 17 Alliance Projects: Cu-Ni-Sn-Au Focused Fontenoy • Large Volcanic hosted massive sulphide copper and gold system • Untested PGE potential • Multiple wide Au and Cu drill intercepts from surface Fontenoy ASX:LGM Mulholland 28km Mulholland • Emerging tin-copper and nickel district • Known skarns and untested anomalies Multiple opportunities for discoveries 8km 18 ASX:LGM PLANNED EXPLORATION PROGRAM Q1 Bauloora - RC Drill Campaign Q3 Harden - RC Drill Campaign Q4 Harden – follow up DD Drill Campaign DRILLING Q3-Q4 Bauloora - RC Drill Campaign Q2-Q2 2022 Fontenoy Mulholland Earth AI data reviews, geological mapping, drilling Drilling Planned Meters (RC) Total ~16,000 Q4 Cobar - RC Drill Campaign Follow up drill campaigns 2021 TARGETING 2023 2022 Q3 Cobar Aerial Mag. and Rad. Q4 to Q1 Bauloora – Induced Polarisation Q3 Harden – Dipole-Dipole Q1-Q2 Cobar – Mag and Geochem Q2 Rockley – Aerial Mag/Rad Complete Upcoming Results Q2-Q3 Q2-Q3 Bauloora, Rockley – Geochem ASX Progress Results (Till June) Anticipated Date Bauloora RC Drilling Assays Mid June Harden Diamond Drilling Assays End June Bauloora DHEM Mid-End June Rockely Radiometric/Magnetics End June Cobar Soils and Magnetics July In progress 19 SUMMARY Immediate discovery opportunities CONTACT ASX:LGM Value leveraged to exploration success Depth of projects in a Tier 1 District Focused on delivering shareholder value Exploration forefront with Artificial Intelligence Chris Byrne CEO and Managing Director chris.byrne@legacyminerals.com.au +61 (0) 499 527 547 Victoria Humphries Media & Investor Relations victoria@nwrcommunications.com.au +61 (0) 431 151 676