Resource Rising Star - Company Presentation
Released
Released
Announcement PDF
Mt Carrington Gold-Silver-Copper Project
Resource Rising Stars – Gold Coast
Discovery &
Development in NSW
10 September 2026
ASX: LGM
Important Information
The May 2026 Mt Carrington Scoping Study has been prepared to ascertain whether a business case can be made before
proceeding with more definitive studies of Mt Carrington’s development viability. The Scoping Study is a preliminary
technical and economic assessment of the potential viability of mineral extraction at Mt Carrington.
The Scoping Study is based on low-level technical and economic assessments that are not yet sufficient to support the
estimation of Ore Reserves. Further exploration and evaluation work, and appropriate studies, are required before any
estimate of Ore Reserves can be made, or before any assurance of an economic development case. The Scoping Study is
based on the material assumptions outlined in the Scoping Study announcement (LGM ASX, 4 May 2026, as amended 12 May
2026). These include assumptions about the availability of funding. While the Company considers all of the material
assumptions to be based on reasonable grounds, there is no certainty that they will prove to be correct or that the range of
outcomes indicated by the Scoping Study will be achieved.
The Company has reasonable grounds to disclose a Production Target, which includes an amount of Inferred Mineral
Resources. For the Life of Mine, approximately 71% of the Life of Mine Production Target is in the Indicated Mineral Resource
category, and 29% is in the Inferred Mineral Resource category. Legacy Minerals considers that Mt Carrington’s financial
viability does not depend on the inclusion of Inferred Resources; the maturity of the project and historical production; the
history of past Mineral Resource Estimations converting from inferred to indicated; and therefore, reasonable basis exists for
disclosing a production target including Inferred Resources. There is a lower level of geological confidence associated with
Inferred Mineral Resources, and there is no certainty that further exploration work will result in the determination of
Indicated Mineral Resources, or that the Production Target itself will be realised.
Investors are cautioned that the Scoping Study is at a scoping-level of confidence (-30% to +45% accuracy). Further study
work is required to develop all project-modifying factors, including but not limited to mining dilution, ore loss, metallurgical
recoveries, geotechnical parameters, hydrology and dewatering, closure, cost estimates, and environmental and social
impacts. The Scoping Study is based on the material assumptions outlined in that announcement, including assumptions
about the availability of funding. While Legacy Minerals considers all material assumptions to be based on reasonable
grounds, there is no certainty that they will prove to be correct or that the range of outcomes indicated by the Scoping Study
will be achieved. To achieve the range of outcomes indicated in the Scoping Study, funding in the order of approximately
A$220.5M (maximum expected cash drawdown, including working capital and contingency) will likely be required.
The Scoping Study is based on the material assumptions outlined in that announcement. These include assumptions about
the availability of funding. Legacy Minerals has a strong track record of raising funding as required on attractive terms, and a
significant combined professional track record in the exploration and development of resources projects. However, while
Legacy Minerals considers all of the material assumptions to be based on reasonable grounds, there is no certainty that they
will prove to be correct or that the range of outcomes indicated by the Scoping Study will be achieved.
To achieve the range of outcomes indicated in the Scoping Study, funding in the order of ~A$220.5 million will likely be
required (inclusive of all capital, owners, and other costs associated with an Engineering, Procurement and Construction
(EPC) contract, and all factored contingencies). This funding may take the form of debt and/or equity. Investors should note
that there is no certainty that Legacy Minerals will be able to raise that amount of funding when needed. It is also possible
that such funding may only be available on terms that may be dilutive to or otherwise affect the value of Legacy Minerals’
existing shares. It is also possible that Legacy Minerals could pursue other ‘value realisation’ strategies such as a sale, partial
sale or joint venture of Mt Carrington. If it does, this could materially reduce Legacy Minerals’ proportionate ownership of
the project. Given the uncertainties involved, investors should not make any investment decisions based solely on the results
of the Scoping Study.
This presentation has been prepared in compliance with the JORC Code 2012 and the ASX Listing Rules; all material
assumptions for the forecast financial information are set out in that announcement.
Competent Person Statement
This presentation contains exploration results and historic exploration results as originally reported in the Company’s
Prospectus dated 28 July 2021 and released 9 September 2021 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 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 and 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 information in this presentation that relates to the Mineral Resource Estimate and classification of the Drake
Project and production target is based on information compiled by Kate Kitchen, who is a Member of the Australasian
Institute of Mining and Metallurgy and a Member of the Australian Institute of Geoscientists. Kate Kitchen is an
independent consultant employed full time by Mining Plus Pty Ltd. Kate Kitchen has sufficient experience that is
relevant to the style of mineralisation and type of deposit under consideration and to the activity which she 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’). Kate Kitchen consents to the inclusion in
the report of the matters based on the information in the form and context in which it appears.
References
Please refer to appendices for details of all references contained throughout this presentation.
The release of these presentation materials has been authorised by the Board.
2
ASX: LGM
Mt Carrington Project Overview
1.6Moz AuEq MRE with significant discovery upside
3
Large Au-Ag MRE with increasing scale - 47.9Mt at 1.0g/t AuEq
• 714koz Au at ~1g/t Au | 35Moz Ag at ~80g/t Ag | 201kt Zn+Pb, 40kt Cu1
Mineral Resource Open at Depth and Along Strike
MRE less than 150m depth with now underground resources included
High-grade open pit component to resource
493koz AuEq at 3.1 g/t AuEq (cut-off >1.9 g/t AuEq)2
Scoping Study review underway
Optimisations of the plant, and revise pricing assumptions across resource
estimates, mining and financial studies
Hillgrove
(ASX: LRV)
Cracow
(ASX: AIS)
Mt Carrington
(ASX: LGM)
Mt Rawdon
(ASX: EVN)
MRE and AuEq/AgEq calculations per LGM ASX Release 30 July 2026. References on this slide are in the Appendix – Endnotes on
Slide 23
>100 12,000m Approved Drilling
100 AuEq gxm drill hits
ASX: LGM
Company Overview1
1 At 9 September 2026
($AUD)
Market Cap
Shares on issue 200 million
$25 million
Debt Nil
Cash (30 June) $6 million
Enterprise Value $19 million
Options on issue Nil Listed
Current share price $0.125
Board
Dr David Carland
Non-Executive
Chairman
Douglas Menzies
Non-Executive
Director
Matthew Wall
Non-Executive
Director
Christopher Byrne
CEO and
Managing Director
Thomas Wall
Exploration Manager
and Executive Director
Dr John Greenfield
Chief Technical Advisor
Management Team
4
ASX: LGM
47
Ag
79
Au
Discovery &
Growth
Opportunity
ASX: LGM
Targeting a Tier 1 Gold-Silver-Copper System
Actively targeting new, major greenfield discoveries
Current Mt Carrington Mineral Resource Estimate1
6
Mt Carrington regional geology plan view showing Major Prospects and known
mineralisation projected to surface (yellow) and gold dominant mineralisation
(orange) over the Drake Volcanics and historical mapped mineralised veins (red)
7
1
5
2
Note: references on this slide are in the Appendix – Endnotes on Slide 23
3
6
4
~17km
Caldera structure (magnetics)
ASX: LGM
Size of the Prize: Epithermal – Porphyry Copper Systems
Discovery Analogy: K92 – Exceptional AuEq Growth
7
2015
2025
2021
2023
Kainantu 2.2Moz AuEq
Kainantu 22Moz AuEq, 500koz Au pa target
Kainantu 0.8Moz AuEq
7
Note: references on this slide are in the Appendix – Endnotes on Slide 23
ASX: LGM
Mt Carrington Drilling – barely scratching the surface
Target Rich Gold, Copper, and Silver Environment
• Detailed Airborne Mobile-MT data review has identified significant conductivity trends1
• Experts engaged who are familiar with the MT survey data used by K92 Mining Inc. at the Kainantu Mine
• Compelling discovery target opportunities confirmed both near-mine and regionally
Across the Mt Carrington Project there are 3,319 drill holes with an average depth 49m
MT Resistivity across the Mt Carrington Deposits and White Rock Alteration Halo1
Note: references on this slide are in the Appendix – Endnotes on Slide 23
Kainantu Cross Section
Kainantu
Mt Carrington
8
ASX: LGM
Gold & Copper
Drilling
79
Au
29
Cu
ASX: LGM
Exceptional Gold & Copper Drilling Results1
Multiple intercepts > 100gxm Gold-Equivalent across numerous deposits
• 118m at 1.71g/t Au, 6.9g/t Ag, 0.1% Cu and 1.12% Zn from 2m1
• 143m at 1.1g/t Au, 3g/t Ag, and 0.9% Pb+Zn from 0m2
• 8m at 16.92g/t Au, 17g/t Ag, 0.53% Cu, 1.45% Pb and 6.89% Zn from
52m3
10
Gold Drill Highlights
Recent LGM Drilling Results
• 40m at 1.0g/t Au from 151m (new discovery outside 2025 MRE)
• 95m at 0.9g/t Au and 0.35% Zn from 2m including,
o 10m at 6.0g/t Au from 69m.
• 18m at 1.4g/t Au, 10g/t Ag and 3.8% Pb+Zn from surface
• 95m at 0.13% Cu (new discovery outside 2025 MRE)
Note: references on this slide are in the Appendix – Endnotes on Slide 23
Quartz-sulphide lode in andesite porphyry
- DDH KYDD011, 140.5m, 99.7g/t Au,
3.17% Cu & 231g/t Ag.
99.7g/t Au
Quartz-polymetallic Au-Ag lode from the Strauss
pit area. DDH SRD1, 30.1m, 21.9 g/t Au .
21.9g/t Au
• 18.9m at 5.8% Cu from 58m and 10.1m at 7.26% Cu from 88m1
Copper Drilling Highlights
Porphyry D vein lode comprising quartz-
pyrite-chalcopyrite – DDH KYDD001 62.5m,
11.9% Cu, 2% Zn.
Quartz pyrite-chalcopyrite vein – ANDD013,
341.5m, 2.3% Cu.
11.9% Cu
2.3% Cu
ASX: LGM
Currently Drilling – Mascotte
Targeting high grade gold (and silver)
11
The first hole has returned an outstanding, first pass intercept of1:
• 40m at 1.0g/t Au from 151m, incl.
o 9m at 2.7g/t Au from 180m, incl. 1m at 5.6g/t Au from 157m
• 57m at 0.3g/t Au from 81m (uncut), incl. 8m at 1.3g/t Au from 129m incl.,
o 1m at 8.1g/t Au from 131m (MSDD002),
• 1m at 9.7g/t Au from 167m (MSDD007).
• 1m at 18.7% Pb, 8.7% Zn and 43g/t Ag from 180m (MSDD003)
First Pass Drilling1
• Government Approvals received for up to 12,000m of drilling at Emu, White
Rock, and Mascotte
Follow-up Drilling Approvals Received
Cross-section of the Mascotte Mine1,2
NEW DISCOVERY
140m
Note: references on this slide are in the Appendix – Endnotes on Slide 23
ASX: LGM
Drilling Underway - Mascotte
12
Note: references on this slide are in the Appendix – Endnotes on Slide 23
ASX: LGM
Awaiting Assay – Copper Targets
Exceptional Copper Opportunity
13
Note: references on this slide are in the Appendix – Endnotes on Slide 23
Open Pit of the Emu Copper Mine
• First modern drill test of the compelling copper-gold porphyry-epithermal target
that has not seen a drill rig in 50 years1
• Assays pending from initial 8-hole, 4,000m diamond drill hole program
Emu Copper Mine
Upcoming - Targeting deeper, untested targets
Porphyry Target
All Nations
Gladstone North
Kylo
Guy Bell
Mt Carrington
Oblique section view looking North (3D IP)2
1,500m
ASX: LGM
Resources Open at Depth – Strauss & Gladstone
Opportunity to grow the Mineral Resource Estimate
14
OPEN
OPEN
OPEN
Note: references on this slide are in the Appendix – Endnotes on Slide 23
• Resource open at depth in all deposits
• Potential for new discoveries and MRE Growth
ASX: LGM
Silver Drilling
47
Ag
ASX: LGM
Exceptional Silver Drilling Results1
Rare pure play silver deposits (Silver King, White Rock, Mozart)
16
Silver Drill Highlights
• 12.82m at 2,589g/t Ag and 48g/t Au from 12m (DDH006)
• including 1m up to 9,081g/t Ag and 230g/t Au
• 1.5m at 3,050g/t Ag from 23m (RED003)
• 37.1m at 422g/t Ag, 0.2g/t Au, 1.5% Pb+Zn from 0m (PWR128)
• 58.5m at 204g/t Ag, 0.2g/t Au, 1.1% Pb+Zn from 25.5m (PWR172)
• 26.5m at 220g/t Ag and 0.1g/t Au from 133.3m (MODD004)
• 90m at 58g/t Ag from 168m (WRDD016)
• 60.65m at 107g/t Ag from 105.85m (WRDD012)
• 18.3m at 237g/t Ag from 3m (PDMS005A)
• 116.9m at 59g/t Ag, 0.1g/t Au, 1.7% Pb+Zn from 0m (WRDD031)
Note: references on this slide are in the Appendix – Endnotes on Slide 23
Lode with white sphalerite – DDH WRDD026, 85.5m, 0.32g/t Au &
644g/t Ag.
Pyrite vein with Ag sulphosalts cuts quartz veins - DDH WRDD026,
51.6m, 0.57g/t Au & 1,020g/t Ag.
Core parallel vein of opal and white sphalerite – DDH WRDD012, 146.5m,
357g/t Ag.
High Ag grade white sphalerite-pyrite vein within haematite-opal
alteration in the White Rock silica cap – DDH WR12, 120m, 475 g/t
Ag.
1,020 g/t Ag 644 g/t Ag
357 g/t Ag 475 g/t Ag
ASX: LGM
Resources Open at Depth – White Rock
Opportunity to grow the Mineral Resource Estimate
17
OPEN
Note: references on this slide are in the Appendix – Endnotes on Slide 23
IP at White Rock showing untested zones of chargeability2
White Rock North Targets at Depth (5Moz Ag within first 150m from surface)1
• Resource open at depth in all deposits
• Potential for new discovery and MRE Growth
ASX: LGM
Development
Opportunity
47
Ag
79
Au
ASX: LGM
Scoping Study Outcomes1 – Just the start
19
Ausenco led Scoping Study confirms high quality, high margin development opportunity.
Spot Case (Au A$6,500/oz, Ag A$105/oz)
A$979m A$514m
38%
LOM free cash flow NPV7(pre-tax)
IRR(pre-tax)
A$220.5m
A$1,188
Capex
AISC
32 months
12 years
Payback
Initial mine life
LOM production
Source: ASX release LGM 12 May 2026 – Amendments – Mt Carrington Scoping Study Announcement. Spot Case: Au A$6,500/oz,
Ag A$105/oz; Base Case: Au A$5,950/oz, Ag A$85/oz. Pre-tax, ungeared, real 2026 AUD. Production Target reported in
accordance with the JORC Code 2012; Scoping Study at -30%/+45% accuracy. Refer to Cautionary Statement Slide 2
253koz Au – 6Moz Ag
• First time a long mine-life Study delivered on the Project
• Study based on conservative Mineral Resource Estimate using
A$3,600/oz Au, A$43/oz Ag
• A high margin project, with the lowest-quartile AISC
• Demonstrates that a payable concentrate can be made from
the deposits
• Only uses ~30% of the MRE (11Mt)
1.3g/t AuEq
Average head grade
Key Takeaways
Next Stages
• Optimisation: look at increasing plant sizes to target higher
NPV, IRR, and ounces of gold and silver produced p.a.
• New MRE – additional data may result in an increase in
Indicated Resources
• New concentrate payability data – concentrate marketing
shows the possibility of more economic material
• Zinc + Base Metals - Evaluation of saleable zinc/copper cons
Refer to Cautionary Statement
Note: references on this slide are in the Appendix – Endnotes on Slide 23
ASX: LGM
What's the impact of the New mineral resource?
Increase in the geological confidence (indicated resources) means potentially larger production target
20
Project total 2022 (ASX:WRM, TMZ)1 2025 (LGM)2 2026 (LGM)3 Change vs 2025 Change since 2022
Tonnes (kt) 19,140 34,396 47,949 +39% +151%
Gold (koz Au) 341.0 652.5 714.3 +9% +109%
Silver (koz Ag) 23,247 24,294 34,991 +44% +51%
Note: references on this slide are in the Appendix – Endnotes on Slide 23
ASX: LGM
Exploration and Development - Next 12 Months
21
Active programs of exploration and study work
Source: ASX release LGM 12 May 2026 - Amendments – Mt Carrington Scoping Study Announcement. Spot Case: Au A$6,500/oz, Ag A$105/oz; Base Case: Au A$5,950/oz, Ag A$85/oz. Pre-tax, ungeared, real 2026 AUD. Production Target reported in accordance with
the JORC Code 2012; Scoping Study at -30% / +45% accuracy. Refer to Cautionary Statement.
Q3 2026 Q4 2026 Q1 2027
DISCOVERY – 12,000m of Approved Drilling
Mascotte diamond drilling – MSDD001 follow-up (40m @ 1.0 g/t Au1)
Emu Prospect – Cu-Au-Ag maiden drilling program
White Rock – step-out drilling (18Moz AgEq)
Mt Carrington Mobile-MT survey & AI/CSIRO integration
Drake porphyry-Cu targeting (Kylo Target)
Targeting program – mineral resource extensions (10,000m)
DEVELOPMENT
Optimisation studies targeting Scoping Study improvements
Environmental and other baseline studies
Mineral Resource Estimate Review
Comminution and metallurgical test-work
Concentrate offtake discussions with refiners
Q2 2027
Follow up drilling planned
Follow up drilling planned
Note: references on this slide are in the Appendix – Endnotes on Slide 23
ASX: LGM
Investment Highlights
A tier-one discovery and development opportunity held by a Junior
Quality 1.6Moz AuEq Au-Ag deposit drives strong economics
Strong leverage to gold and silver prices and discoveries
A Tier One Gold, Copper and Silver Discovery and
Development Opportunity.
Tier-one deposit potential – grade and scale
Rare gold AND silver dominated deposits
Tight capital structure with Management invested
Low shares on issue, Directors hold 15%
Active exploration and discovery catalysts
Active drilling resulting in new discoveries.
22
Mt Carrington
ASX: LGM
Appendix – Endnotes
23
Slide 3: 1 LGM ASX Release, 30 July 2026, Mt Carrington Resource grows to 1.6Moz Gold-Eq. 2 LGM ASX Release, 30 July 2026, Mt Carrington Resource grows to 1.6Moz Gold-Eq. (high-grade open pit component).
AuEq/AgEq formulae per Appendix 1 of that release.
Slide 4: 1 Capital structure and cash at 30 June 2026 per LGM ASX Release, 31 July 2026, Quarterly Activities/Appendix 5B Cash Flow Report; share price and market capitalisation per ASX at close of trading, 9
September 2026 (A$0.125; ~200 million shares on issue).
Slide 6: 1 LGM ASX Release, 30 July 2026, Mt Carrington Resource grows to 1.6Moz Gold-Eq. Regional geology and prospects: LGM ASX Release, 29 October 2024, 3,050g/t Silver and 79g/t Gold, 41% Zn+Pb in
Historical Drake Drilling.
Slide 7: 1 K92 Mining Inc. (TSX: KNT) public disclosures: Kainantu Gold Mine Mineral Resource statements and technical reports, 2015 to 2025 (0.8Moz AuEq at acquisition from Barrick Gold, 2015; 2.2Moz AuEq, 2021;
22Moz AuEq and 500koz Au pa production target, 2025). Third-party information compiled from publicly available sources and not independently verified by LGM; K92 results are not necessarily indicative of the
mineralisation or potential at Mt Carrington.
Slide 8: 1 LGM ASX Release, 3 July 2025, Significant Gold-Copper Airborne MT Targets Defined at Drake; LGM ASX Release, 11 August 2026, New Survey defines Large and Untested Gold-Silver Target. Drill hole
statistics: LGM ASX Release, 29 October 2024, 3,050g/t Silver and 79g/t Gold, 41% Zn+Pb in Historical Drake Drilling.
Slide 10: 1 LGM ASX Release, 29 October 2024, 3,050g/t Silver and 79g/t Gold, 41% Zn+Pb in Historical Drake Drilling (KYDD003 118m; KYDD001 copper intercepts as originally reported in TMZ ASX Release, 24 October
2022, High Grade Copper Target at Mt Carrington). 2 LGM ASX Release, 29 October 2024 (RRDD009). 3 LGM ASX Release, 29 October 2024 (RED003). Recent LGM drilling: LGM ASX Release, 19 March 2026, Maiden
Drilling Makes New Greenfields Gold Discovery (MSDD001 40m at 1.0g/t Au); LGM ASX Release, 1 May 2025, Broad and High-Grade Gold in Drilling Intercepts, as amended 2 May 2025, Amendments - Release 1 May
2025 (95m at 0.9g/t Au, 10m at 6.0g/t Au, 18m at 1.4g/t Au); LGM ASX Release, 30 January 2026, Silver-Gold-Copper Drilling Update at Mt Carrington (Battery Prospect, 95m at 0.13% Cu from 114m, uncut).
Slide 11: 1 LGM ASX Release, 19 March 2026, Maiden Drilling Makes New Greenfields Gold Discovery (MSDD001); LGM ASX Release, 16 June 2026, New Gold Discovery Confirmed with Further Drilling Assays
(MSDD002, MSDD003, MSDD007). 2 LGM ASX Release, 16 June 2026, New Gold Discovery Confirmed with Further Drilling Assays (cross-section). Drilling approvals: LGM ASX Release, 13 May 2026, New Silver-Gold &
Copper Drill Program to Commence.
Slide 12: LGM ASX Release, 16 June 2026, New Gold Discovery Confirmed with Further Drilling Assays; LGM ASX Release, 28 July 2026, Drilling and Resource Update - Mt Carrington.
Slide 13: 1 LGM ASX Release, 11 June 2026, Drilling Commences at the Emu Copper-Gold Target; LGM ASX Release, 25 August 2025, Drilling Approval and New Targets at Mt Carrington Project; historical Emu Copper
Mine workings and drilling: LGM ASX Release, 27 March 2024, Transformational Acquisition - Mt Carrington Cu-Au Project. 2 3D IP model: TMZ ASX Release, 24 October 2022, High Grade Copper Target at Mt
Carrington; LGM ASX Release, 25 June 2026, Geophysical Surveys Commenced at Mt Carrington; LGM ASX Release, 11 August 2026, New Survey defines Large and Untested Gold-Silver Target.
Slide 14: LGM ASX Release, 30 July 2026, Mt Carrington Resource grows to 1.6Moz Gold-Eq.; LGM ASX Release, 11 December 2025, New Silver Targets and Drill Approvals at Mt Carrington.
Slide 16: 1 LGM ASX Release, 29 October 2024, 3,050g/t Silver and 79g/t Gold, 41% Zn+Pb in Historical Drake Drilling (RED003, PWR128, PWR172, WRDD031); LGM ASX Release, 11 December 2025, New Silver Targets
and Drill Approvals at Mt Carrington (DDH006, MODD004, WRDD016, WRDD012, PDMS005A). Core photographs: Corbett Geological Consulting reports to White Rock Minerals, September 2011 and August 2013.
Slide 17: 1 LGM ASX Release, 30 July 2026, Mt Carrington Resource grows to 1.6Moz Gold-Eq.; LGM ASX Release, 11 December 2025, New Silver Targets and Drill Approvals at Mt Carrington. 2 LGM ASX Release, 11
December 2025, New Silver Targets and Drill Approvals at Mt Carrington (reprocessed 2009 pole-dipole IP).
Slide 19: 1 LGM ASX Release, 4 May 2026, Mt Carrington Scoping Study, as amended by LGM ASX Release, 12 May 2026, Amendments Mt Carrington Scoping Study Announcement. Refer to Cautionary Statement on
Slide 2.
Slide 20: 1 WRM ASX Release, 2022 Mineral Resource (JORC 2004/2012) as reported in TMZ ASX Release, 24 October 2022, High Grade Copper Target at Mt Carrington. 2 LGM ASX Release, 13 March 2025, Drake
Resource Increases to 1.2Moz AuEq. 3 LGM ASX Release, 30 July 2026, Mt Carrington Resource grows to 1.6Moz Gold-Eq.
Slide 21: 1 LGM ASX Release, 19 March 2026, Maiden Drilling Makes New Greenfields Gold Discovery. Approved drilling: LGM ASX Release, 13 May 2026, New Silver-Gold & Copper Drill Program to Commence.
Development workstreams: LGM ASX Release, 7 September 2026, Optimised Scoping Study Progressing Well at Mt Carrington.
Note: Intercepts are downhole widths. Metal equivalent formulae are set out in the referenced releases. Slide numbers refer to this presentation.
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