Announcement PDF ASX ANNOUNCEMENT 31 January 2024 December 2023 Quarterly Report Legacy gears up for active 2024 with strengthened balance sheet, high-conviction targets to drill and assays pending from recent drilling at Bauloora with Joint Venture Partner Newmont Exploration Highlights Black Range Project • Petrographic analysis has confirmed widespread sinter lithology over 4km at the Sugarbag Hill Prospect, strongly supporting the interpretation that a large low sulphidation epithermal gold system is preserved i,1. • Soil sampling at Sugarbag Hill defined a strong and coherent gold anomaly, identifying a 3.5km x 1.2km zone of elevated low-sulphidation epithermal gold-silver pathfinder elements and a 2.1km long gold trend of >20ppb Au (up to 296ppb Au) ii. • Remodelling of historical dipole-dipole induced polarisation (DPDP-IP) data has identified a clear resistivity target, coincident with the gold-silver in soil anomalism at Sugarbag Hill iii. • First-pass rock chip sampling at Sugarbag Hill returned gold up to 2.27g/t and silver up to 29.6g/tii. Bauloora Project • Drilling intersected multiple low sulphidation epithermal style veins from surface, down-dip and along strike at the Breccia Sinter Prospect iv. • Visual observation of the drill core indicates that the drilling has intersected the upper levels of a ‘boiling zone’, suggesting the potential for a preserved epithermal system at depthiv. • Assays from the drilling are expected in February 2024. Corporate Highlights • New 100%-owned Exploration Licence (EL9614) secured over a major untested porphyry coppergold target at the Glenlogan Project in the Lachlan Fold Belt of NSW. • Glenlogan is defined by a regional magnetic high with clear analogues to the geological setting of the nearby Tier-1 Cadia District and signatures of other globally significant porphyry deposits. • $3 million capital raising launched to underpin drilling and exploration programs across Legacy Minerals’ asset portfolio in 2024, comprising a $1.4M share placement and a $1.6M nonrenounceable entitlement offer. Sale of Mulholland Tenement • The transfer of Mulholland, EL9330, has been completed with Legacy Minerals being issued 2,000,000 shares in Karawara Minerals Pty Ltd and $30,000 in cash. 1 Refer to page 14 “Endnotes” of this report for references. Page 1 of 14 | ABN 43 650 398 897 3/203 Russel Street Bathurst, 2795 www.legacyminerals.com.au ASX: LGM Page 2 of 14 Management comment Legacy Minerals CEO & Managing Director, Christopher Byrne, said: “The December Quarter has been a very busy and productive period for Legacy Minerals, with several key milestones achieved that reinforce our status as one of the most exciting explorers in the worldclass Lachlan Fold Belt of New South Wales with an attractive pipeline of both externally funded assets and 100%-owned ground. At our flagship 100%-owned Black Range Project, fieldwork programs completed during the Quarter have highlighted the outstanding prospectivity of the Sugarbag Hill target. Recent petrographic analysis, soil and rock chip sampling, and a reassessment of historical geophysical datasets have all provided strong support for our interpretation of the presence of a major epithermal gold-silver system at depth, which will be the subject of a maiden drilling program commencing in the coming weeks. At the Bauloora Epithermal Gold Project, which is the subject of a $15 million farm-in agreement with leading gold producer, Newmont, diamond drilling during the Quarter at the Breccia Sinter prospect appears to have hit the top of an interpreted ‘boiling zone’, suggesting compelling potential for the discovery of a preserved epithermal gold system at depth. While we’re yet to receive assay results from this drilling, we are very excited by the visual analysis of the drill core, which was drilled in the same area where rock chip sampling returned grades of up to 32.2g/t Au. We’re eagerly awaiting assay results from the 3-hole program, which are expected to be received in February. We were also very pleased to expand our exploration tenure in the Lachlan Fold Belt during the reporting period, after securing the grant of Exploration Licence EL9614, which includes a major untested porphyry target at the Glenlogan Project. This tenure has some clear geophysical similarities with other major deposits in the region. After the quarterly period, Legacy Minerals and S2 Resources have entered a joint venture to drill test this high conviction copper gold porphyry target v. Our ongoing exploration programs in the Lachlan Fold Belt are well funded following a successful $3 million capital raising announced in November 2023. I would like to sincerely thank all our shareholders who participated in this raising and welcome our new investors to the register. Following the completion of this raising, Legacy Minerals is set up for an exciting program in 2024.” Black Range Project The Black Range Project is located in the Lachlan Fold Belt of NSW, which hosts world-class coppergold orebodies including the Cadia-Ridgeway, Northparkes and Cowal Mines. Following the receipt of highly encouraging petrographic results early in the reporting period, Legacy Minerals undertook detailed mapping and sampling programs at the Black Range Project during the December Quarter, the results from which highlighted significant potential to discover a major low sulphidation epithermal gold-silver system at the key Sugarbag Hill target. Petrographic Analysis In October 2023, Legacy Minerals announced results from petrographic analysis (the microscopic study of the mineral content and the textural relationships within rocks) of rocks collected over the Black Range Project identified widespread silica sinter lithology at the Sugarbag Hill Prospect. Sinter is a silica-rich sedimentary rock that is precipitated at or near surface from hot waters at the vents of hot springs and geysers. The presence of widespread sinter over 4km is interpreted to SIGN UP TO LEGACY MINERALS’ INTERACTIVE INVESTOR HUB ASX: LGM Page 3 of 14 represent the top of a preserved low-sulphidation epithermal gold-silver system at depth below Sugarbag Hill. Over 30km of under-explored strike remains between known epithermal occurrences at Black Range, including high-priority target areas with known large silica-rich lithologies. Full details of the petrographic analysis were provided in the Company’s ASX Announcement on 11 October 2023. Soil and Rock-Chip Sampling Program Reconnaissance rock chip sampling and systematic soil geochemical sampling programs were completed over the Sugarbag Hill Prospect, the first of Legacy’s high-priority prospects at the Black Range Project, during the December Quarter. Assays results confirm the presence of low-sulphidation epithermal gold-silver mineralisation at Sugarbag Hill, with reconnaissance rock chip samples reporting grades of up to 2.27g/t Au, 29.6g/t Ag, 176.5ppm Mo, 40.6ppm Sb and 3,370ppm Asii. The soil sampling results at Sugarbag Hill have mapped: • • A 3.5km x 1.2km zone of elevated low-sulphidation epithermal Au-Ag pathfinder elements; and A 2.1km long gold trend >20ppb Au (up to 296ppb Au). The first-pass soil sampling geochemical survey comprised 487 samples across a zone of silica-sericitepyrite altered rocks and wider known silica-sinter related lithology. The soil sampling program was completed across 5km2 of the Project on a 100m x 100m grid. The program was designed to assess the potential for mineralisation around recently identified silica-sinter lithology and to confirm historical surface sampling by Newcrest that indicated high-tenor gold anomalismii. This work will vector towards potential high-grade gold-silver bearing ore shoots in low-sulphidation epithermal-style quartz veins within mapped mineralised trends for future drill testing, and to assess the broader tenement area for previously unrecognised gold-silver mineralisation. Laboratory assays reported from ALS Orange and Brisbane were analysed for 53 elements. Lowsulphidation epithermal-style gold-silver deposits typically have distinct geochemical pathfinder element signatures that provide insight to the depth of erosion and preservation level of the system. The soil sampling results have delineated extensive zones of elevated gold and silver as well as other pathfinder elements including Sb, As, Hg, Mo, Se and Tl. Peak results reported from soil samples assay results include: 296ppb Au, 3.12ppm Ag, 1140ppm As, 99.2ppm Mo and 15ppm Sb. The results returned multiple areas of anomalous gold-silver and/or pathfinder element associations interpreted to reflect low-sulphidation epithermal-style gold-silver mineralised veins and alteration. The anomalous results indicate that the epithermal system remains open in all directions. Re-processing of historical geophysics Legacy Minerals completed a review of the historical geophysical data at the Sugarbag Hill Prospect during the December Quarter, incorporating several historical exploration data sets, many of which are believed to have been collated for the first time. The datasets included recent airborne magnetics and radiometric surveys, as well as older ground magnetics, and IP surveys. In particular, the re-processing of historical gradient array induced polarisation (GA-IP) and Dipole-Dipole Induced polarisation completed by Newcrest Mining in 1992 at the Sugarbag Hill Prospect have provided highly valuable datasetsiii. GeoDiscovery Pty Ltd was engaged to remodel the historical data. The results from this work highlighted that the known low-sulphidation epithermal pathfinder geochemical anomalism, SIGN UP TO LEGACY MINERALS’ INTERACTIVE INVESTOR HUB ASX: LGM Page 4 of 14 identified in recently acquired soil and rock chip samples (see above) is coincident with the resistivity trends identified in the GA-IP survey. This is coincident with the location where the modelled DPDP-IP resistive features, present on line 200S, reach the surface. Of particular interest is the strong gold-silver soil anomaly that trends over 800m averaging 107.5ppb Au. These higher resistivity features are interpreted to be excellent drill targets and the importance of subtle increases in chargeability within these zones may be significant, and possibly reflect an increase in disseminated sulphides such as pyrite at depth. A large coincident resistivity and chargeability feature on Line 1000N is of particular interest, however further work is required to ground truth this anomaly to ensure it is not a cultural feature. Shallow percussion drilling (50m to 100m) was completed in the past at Sugarbag Hill by Newcrest Mining. However, these drill-holes were often orientated vertically with the intent of intersecting lithology as perpendicular as possible. As such, drilling is interpreted to have drilled parallel to, or down-dip of, the interpreted vertical to steeply dipping veins. Therefore, the historical drilling is considered to have not adequately tested the surface gold anomalism and coincident zones of elevated resistivity. Both the size of the target area and the substantial number of epithermal targets generated at Sugarbag Hill provide an exciting opportunity for the Company. Figure 2. Gold results in soil surface geochemistry overlain by historic DPDP-IP line locationsii SIGN UP TO LEGACY MINERALS’ INTERACTIVE INVESTOR HUB ASX: LGM Page 5 of 14 Figure 3: 200S dipole-dipole IP Line resistivity model showing target zones at Sugarbag Hill coincident with gold results in surface soil samples and mapped silica-sinter related lithology, looking northiii. Bauloora Project The Bauloora Project (EL8995 and EL9464) is located in the world-class Lachlan Fold Belt of New South Wales and covers a large hydrothermal alteration zone spanning 27km2. Within this broader alteration zone sits an anomalous gold zone currently mapped to 15km2. The Bauloora Project is subject to a Farm-In and Joint Venture agreement secured with Newmont Exploration Pty Ltd in 2023. During the December Quarter, diamond drilling at the Bauloora Project intersected multiple epithermal-style veins at the Breccia Sinter Prospect, with visual analysis suggesting the drilling hit the top of a “boiling zone”, which may suggest the presence of a preserved epithermal system at depth. Diamond Drilling Programiv At the Breccia Sinter Prospect, two diamond-cored drill holes were completed to test a 500m by 250m long gold-silver (Au-Ag) bearing low sulphidation epithermal vein zone. A large zone of elevated gold, silver and pathfinder elements was defined in last year’s soil and extensive rock chip sample collection program, which returned gold and silver grades up to 32.2g/t Au and 196/t Ag in rock chip samples. In addition, a strong audio-frequency magnetotelluric (AMT) resistivity anomaly underlies the mapped surface sinter adding further encouragement to the geochemical signatures and results in compelling drill targets. Low-sulphidation epithermal-style veins were intersected in both drill holes. Preliminary geological observations indicate that these holes intersected host rocks that are variably altered rhyolites, conglomerate, volcaniclastic and tuffs. Broad zones of chlorite-sericite hydrothermal alteration are observed distal to structures and moderate to intense sericite-hematite or silica-sericite alteration proximal to epithermal-style veins. Drill-hole BX001 intersected a 66m thick conglomerate package before intersecting a healed fault zone characterised by strong-intense sericite-pyrite altered porphyritic rhyolite from 126.3m to 182m with common chalcedony (+/-pyrite-adularia) veins and silicified tectonic breccia with lesser veins of crustiform-colloform chalcedony-quartz (+/- pyrite, hematite, galena and low-Fe sphalerite) veins. Minor quartz-carbonate +/- chalcopyrite, galena, low-Fe sphalerite veins are also observed throughout the drill hole. Drill-hole BX002 intersected two zones of frequent low-sulphidation epithermal-style veins interpreted to represent the top of the targeted boiling zone between 325m to 342m and 347m and 361m. Veins are crustiform-colloform banded chalcedony-adularia veins with common moss and fibrous quartz-adularia textures. SIGN UP TO LEGACY MINERALS’ INTERACTIVE INVESTOR HUB ASX: LGM Page 6 of 14 Lattice bladed adularia and quartz after platy calcite is observed in some bands and occasional dark grey to black bands, of fine sulphide-rich bands dominated by marcasite and pyrite. Brecciated veins are common and are generally associated with further chalcedony (+/- hematite) in-fill and cockade textures. There is occasional overprinting by chalcedony-base metal (sphalerite-galena) veins. Observations in the BX002 core samples are consistent with the hot spring depositional model used as a basis for exploration on the project. The mineralogy and textures are consistent with the upper part of the boiling zone, which is commonly well mineralised especially near and in hydrothermal breccias. These observations give encouragement to test further along strike and at depth. The narrow zones of multi-phase hydrothermal breccias and veins may represent the periphery or top of the breccia body and therefore the start of the transition to a vein (over breccia) dominant character. The diamond drill-holes have confirmed low-sulphidation epithermal-style veins down-dip from elevated gold, silver and pathfinder rock chip and soil geochemical results, and mapped veins. Preliminary down-hole structural observations from these holes show veins strike north to northnorth-east and steeply west dipping (80o-85o) veins and breccias and though true widths are not yet known, they are estimated to be 70% of the rock down hole. The vein trend remains open along strike and down dip. All three holes have been completed with assay results expected in February 2024. Figure 4: BX002 diamond drill core showing colloform-crustiform and cockade textures in banded chalcedony (white-grey)-quartz (white)-adularia (cream-orange)+/- hematite (brown-red) veins and localised breccia with rare fine pyrite-marcasite bands (dark-very dark grey-black)iv. Refer to the Company’s ASX Announcement dated 21 November 2023 for further logging details. Cautionary Note – Visual Estimates of Mineralisation: ‘Visual estimates of mineral abundance should never be considered a proxy or substitute for laboratory analyses where concentrations or grades are the factor of principal economic interest. Visual estimates also potentially provide no information regarding impurities or deleterious physical properties relevant to valuations.’ SIGN UP TO LEGACY MINERALS’ INTERACTIVE INVESTOR HUB ASX: LGM Page 7 of 14 Drake Project During the September 2023 Quarter, the Drake Copper-Gold Exploration License EL6273 was transferred from White Rock Minerals (WRM) Pty Ltd and EL9616 was granted to the Company. The Drake Project (EL6273 and EL9616) sits within the highly prospective New England Fold Belt (NEFB) and is one of a number of epithermal gold, silver, base metal districts that formed along the east coast of Australia during the Permian age as back arc extensional volcanic basins. A number of major mines and deposits occur within the NEFB including the Cracow gold mine (2.5Moz Au @ 4.97g/t) vi, Mt Carlton gold mine (8.5Moz Au) vii and Mt Rawdon gold mine (2Moz Au) viii and the Mt Carrington Mine which the Drake Project surrounds. Figure 5: Aerial View of the Cliff Workings and Red Rock Mine (ML) from the exploration license Fontenoy Project Drilling was ongoing at the Fontenoy Project (Earth AI Exploration Alliance) at the end of the reporting period, with assays expected in early 2024. The Earth AI team have steadily worked on building a greater understanding of the Fontenoy geology. Detailed mapping, petrographic studies and soil and rock chip analysis have been completed throughout the latest field campaigns. In following up indications of anomalous copper, nickel and platinum group element mineralisation, pentlandite (nickel-iron sulphide) has been identified for the first time in fresh rock. Ni-laterites have been previously identified at Fontenoy and were the focus of previous nickel-cobalt exploration drilling. These residual deposits were thought to have been formed as a result of serpentinite weathering solely and, as such, the exploration for nickel-iron sulphides did not occur. The recognition of Ni-sulphides in association with copper and platinum group elements (PGEs) SIGN UP TO LEGACY MINERALS’ INTERACTIVE INVESTOR HUB ASX: LGM Page 8 of 14 highlights the prospectivity of the Fontenoy Project for Ni-Fe sulphide deposits and presents an opportunity for the Company to be the first to apply exploration methods and systems thinking for this style of mineralisation. Further to this encouraging observation, the field team is also recognising complexities and zonation patterns within the mafic intrusive units that have previously been unrecognised in the mapped Ordovician Moonbilleen gabbro. Understanding the zonation within these mafic intrusive complexes is a key factor in focusing drill targets for nickel sulphides and for other battery metal elements such as scandium and cobalt as seen at the nearby Sunrise Project (ASX:SRL) ix. Figure 61: Fontenoy map showing the recent rock chip locations and historic drilling x Exploration Activities on other Projects No exploration was reported for the remaining Legacy Minerals projects in this quarter. SIGN UP TO LEGACY MINERALS’ INTERACTIVE INVESTOR HUB ASX: LGM Page 9 of 14 Corporate Capital Raising Legacy Mineral launched a $3 million capital raising during the December Quarter, comprising a A$1.4M Share Placement and a fully underwritten non-renounceable entitlement offer to raise a further A$1.6m (Entitlement Offer). Proceeds will be used to fund ongoing exploration at the highly prospective Black Range, Glenlogan and Drake Projects. The A$1.4M strategic Share Placement was undertaken at an issue price of 13.5c to professional and sophisticated investors within the existing Listing Rules 7.1 and 7.1A capacities, with one (1) free attaching quoted option exercisable at 20.5c on or before 22 January 2026 (New Option) for every two (2) New Shares subscribed for and issued under the Placement. The Company intends to apply for ASX listing of the New Options, and the ASX listing is subject to meeting the ASX’s requirements. All New Options to be issued are subject to Shareholder approval at a General Meeting to be held on Wednesday 7 February 2024. In addition, Legacy also launched a fully underwritten 1 for 7 pro rata non-renounceable Entitlement Offer to raise approximately A$1.6M from eligible shareholders on the same terms as the Placement. The Legacy Minerals Board will subscribe for an aggregate of approximately A$185,000 under the Entitlement Offer, which represents more than 10% of the Entitlement Offer amount. The Entitlement Offer is fully underwritten by Discovery Capital Partners Pty Ltd (Discovery Capital). Cumulus Wealth is appointed as Lead Manager to the Entitlement Offer. The Entitlement Offer closed on Thursday 18 January 2024. Acquisition of Glenlogan Project (EL9614) Legacy Minerals secured a new 100%-owned Exploration Licence (EL9614) in the Lachlan Fold Belt during the Quarter, covering a major untested porphyry copper target defined by a regional magnetic high (Shellback Target). The magnetic anomaly is interpreted to be hosted within the Macquarie Arc, Ordovician volcanics at depth and undercover. The Cowra Target has clear analogues to the geological setting of the nearby Tier-1 Cadia District (33Moz, 7.9Mt Cu) xi and aeromagnetic signatures of other globally significant porphyry copper deposits. The last exploration conducted by Rio Tinto (Rio) in 1997, targeting Cadia-style porphyry deposits, modelled a target with an indicated depth of 800m, which was never drill tested. However, modern inversion magnetic modelling undertaken by Legacy Minerals indicates the Cowra Target is below a cover sequence and approximately 450m from surface – far shallower than Rio Tinto’s historical modelling predicted. The strong magnetic target is potentially due to chalcopyrite-bornite-magnetite mineralisation and potassic alteration with a surrounding magnetic low due to magnetite destructive hydrothermal alteration – a characteristic of several globally important Cu-Au porphyry deposits. A Silurian (Llandovery) age sequence overlies the Target and has potentially preserved a porphyry copper system at depth, similar to the same aged sequence overlying Cadia. Encouragingly, monzonite intrusions have also been observed near surface in shallow percussion drilling above the Cowra Target. SIGN UP TO LEGACY MINERALS’ INTERACTIVE INVESTOR HUB ASX: LGM Page 10 of 14 Figure 7: Regional setting of the Glenlogan Target xii,xiii,xiv,xi,xv Finance The Company completed a $1.4M Placement has undertaken a $1.6M Entitlement Offer. The Entitlement Offer is fully underwritten and closed on Thursday 18 January 2024. At the end of the quarter, the Company had $1.6M cash at bank. ASX Additional Information Exploration and evaluation expenditure and licence fees during the quarter totalled $851,000 2. This included $540,000 for drilling and drilling ancillary costs, $11,000 for geophysical programs, $41,000 2 Further details of exploration and evaluation expenditure are included in the Company’s Appendix 5B “Mining exploration entity or oil and gas exploration entity quarterly cash flow report” for December 2023 Quarter. SIGN UP TO LEGACY MINERALS’ INTERACTIVE INVESTOR HUB ASX: LGM Page 11 of 14 for geochemistry programs $30,000 for land access and compensation and $229,000 for other costs including ancillary costs, salaries, and sub-contractors. Full details of exploration activity during the quarter are set out in this Report. There were no substantive mining production and development activities during the quarter. Payments to related parties of the Company and their associates during the quarter totalled $203,000 for salaries, superannuation and director’s fees. ASX Market Sensitive Announcements • • • • • 21 November 2023 9 November 2023 1 November 2023 23 October 2023 11 October 2023 Drilling Intersects Multiple Epithermal Veins at Bauloora Major Untested Porphyry Cu-Au Target Defined at New Project High Conviction Drill Targets Defined at Black Range Large 2.2km Long Gold Anomaly defined at Black Range Widespread Silica Sinter Confirmed at Black Range Tenement Register Table 2: LGM Tenement Register Tenement Reference Location Status Cobar EL9511 EL8809 EL9257 Cobar, NSW Harden, NSW Harden, NSW Cootamundra, NSW Cootamundra, NSW Wallendbeen, NSW Binalong, NSW Binalong, NSW Cowra, NSW Drake, NSW Drake, NSW Drake, NSW Bourke, NSW Live Live Live Beneficial Interest at Acquired/Disposed 31/12/2023 100% NA 100% NA 100% NA Live 100% NA Live 100% NA Live 100% NA Live Live Live Live Live Application Live 100% 100% 100% 100% 100% NA 0% NA NA Acquired NA NA NA Sold. Harden EL8994 Bauloora EL9464 Fontenoy EL8995 EL9466 EL9589 EL9614 EL6273 Drake EL9616 ELA6642 Mulholland EL9330 Black Range Glenlogan SIGN UP TO LEGACY MINERALS’ INTERACTIVE INVESTOR HUB ASX: LGM Page 12 of 14 Approved by the Board of Legacy Minerals Holdings Limited. For more information: Investors Chris Byrne CEO & Managing Director chris.byrne@legacyminerals.com.au +61 (0) 499 527 547 Media: Nicholas Read / Kate Bell Read Corporate info@readcorporate.com.au + 61 (0) 419 929 046 PREVIOUSLY REPORTED INFORMATION AND DISCLAIMER Information in this announcement is extracted from reports lodged as market announcements referred to above and available on the Company’s website https://legacyminerals.com.au/. The Company confirms that it is not aware of any new information that materially affects the information included in the original market announcement and that all material assumptions and technical parameters underpinning the estimates in the relevant market announcement continue to apply and have not materially changed. This announcement contains certain forward-looking statements. Forward looking statements are only predictions and are subject to risks, uncertainties and assumptions which are outside of the control of Legacy Minerals Holdings Limited (LGM). These risks, uncertainties and assumptions include commodity prices, currency fluctuations, economic and financial market conditions, environmental risks and legislative, fiscal or regulatory developments, political risks, project delay, approvals and cost estimates. Actual values, results or events may be materially different to those contained in this announcement. Given these uncertainties, readers are cautioned not to place reliance on forward-looking statements. Any forward-looking statements in this announcement reflect the views of LGM only at the date of this announcement. Subject to any continuing obligations under applicable laws and ASX Listing Rules, LGM does not undertake any obligation to update or revise any information or any of the forward-looking statements in this announcement to reflect changes in events, conditions or circumstances on which any forward-looking statements is based. SIGN UP TO LEGACY MINERALS’ INTERACTIVE INVESTOR HUB ASX: LGM Page 13 of 14 About Legacy Minerals Legacy Minerals is an ASX listed public company that has been involved in the acquisition and exploration of gold, copper, and base-metal projects in the Lachlan Fold Belt since 2017. The Company has eight projects that present significant discovery opportunities for shareholders. Au-Cu (Pb-Zn) Cobar (EL9511) Au Harden (EL9257, ELA6694) Undrilled targets next door to the Peak Gold Mines. Several priority geophysical anomalies and gold in lag up to 1.55g/t Au. Large historical high-grade quartz-vein gold mineralisation. Drilling includes 3.6m at 21.7g/t Au 116m and 2m at 17.17g/t Au from 111m. Au-Ag Bauloora (EL8994, EL9464) Newmont JV Au-Cu Fontenoy (EL8995) Earth AI Alliance One of NSW’s largest low-sulphidation, epithermal systems with a 27km2 epithermal vein field. An 8km long zone of Au and Cu anomalism defined in soil sampling and drilling. Significant drill intercepts include 79m at 0.27% Cu from 1.5m. Cu-Au Rockley (EL8296) Au-Ag Black Range (EL9466, EL9589) Prospective for porphyry Cu-Au and situated in the Macquarie Arc Ordovician host rocks with historic high-grade copper mines that graded up to 23% Cu. Extensive low-sulphidation, epithermal system with limited historical exploration. Epithermal occurrences across 30km of strike Cu-Au Glenlogan (EL9614) S2 Resources JV Cu-Au Drake (EL6273, EL9616, ELA6642) Large, undrilled magnetic anomaly underneath Silurian cover located 55kms from Cadia Valley Large caldera (~150km2) with similar geological characteristics to other major pacific rim deposits Figure 8: Regional setting of Legacy Minerals Projects xvi,xi,xii,xiii,xiv,xv SIGN UP TO LEGACY MINERALS’ INTERACTIVE INVESTOR HUB ASX: LGM Page 14 of 14 ENDNOTES i ASX LGM, 11 October 2023: Widespread Silica Sinter Confirmed at Black Range ii ASX LGM, 23 October 2023: Large 2.2km Long Gold Anomaly defined at Black Range iii ASX LGM, 1 November 2023: High Conviction Drill Targets Defined at Black Range iv ASX LGM, 21 November 2023: Drilling Intersects Multiple Epithermal Veins at Bauloora v ASX LGM, 29 January 2024: S2 Resources enter $6M Farm-in at Glenlogan Porphyry Project vi Cracow Mining Staff, Worsley M R, Golding S D 1990 -Golden Plateau Gold deposits: in Hughes F E (Ed.), 1990 Geology of the Mineral Deposits of Australia & Papua New Guinea The AusIMM, Melbourne Mono 14, v2 pp 1509-1514. Carbine Resources, Investor Presentation, content/uploads/2017/12/171204_RRS_FINAL.pdf vii December 2017, https://carbineresources.com.au/wp- viii Mount Rawdon gold mine Report | Wood Mackenzie i