CAUTIONARY STATEMENTS CERTAIN INFORMATION INCLUDED IN THIS MATERIAL CONSTITUTES "FORWARD-LOOKING STATEMENTS". THE WORDS "EXPECT", "WILL", "INTEND", "ESTIMATE" AND SIMILAR EXPRESSIONS IDENTIFY FORWARD-LOOKING STATEMENTS. FORWARD-LOOKING STATEMENTS ARE NECESSARILY BASED UPON A NUMBER OF ESTIMATES AND ASSUMPTIONS THAT, WHILE CONSIDERED REASONABLE BY MANAGEMENT, ARE INHERENTLY SUBJECT TO SIGNIFICANT BUSINESS, ECONOMIC AND COMPETITIVE UNCERTAINTIES AND CONTINGENCIES. THE COMPANY CAUTIONS THE READER THAT SUCH FORWARD-LOOKING STATEMENTS INVOLVE KNOWN AND UNKNOWN RISKS, UNCERTAINTIES AND OTHER FACTORS THAT MAY CAUSE THE ACTUAL RESULTS, PERFORMANCE OR ACHIEVEMENTS OF THE COMPANY TO BE MATERIALLY DIFFERENT FROM THE COMPANY'S ESTIMATED FUTURE RESULTS, PERFORMANCE OR ACHIEVEMENTS EXPRESSED OR IMPLIED BY THOSE FORWARD-LOOKING STATEMENTS AND THE FORWARD-LOOKING STATEMENTS ARE NOT GUARANTEES OF FUTURE PERFORMANCE. THESE RISKS, UNCERTAINTIES AND OTHER FACTORS INCLUDE, BUT ARE NOT LIMITED TO, RISKS ASSOCIATED WITH THE MINING INDUSTRY SUCH AS GOVERNMENT REGULATION, ENVIRONMENTAL AND RECLAMATION RISKS, TITLE DISPUTES OR CLAIMS, SUCCESS OF MINING ACTIVITIES, FUTURE COMMODITY PRICES, COSTS OF PRODUCTION, POSSIBLE VARIATION IN MINERAL RESERVES, MINERAL RESOURCES, GRADE OR RECOVERY RATES, FAILURE OF PLANT, EQUIPMENT OR PROCESSES TO OPERATE AS ANTICIPATED, ACCIDENTS, LABOUR DISPUTES, THE TIMING OF ESTIMATED FUTURE PRODUCTION, CAPITAL EXPENDITURES, FINANCIAL MARKET FLUCTUATIONS, REQUIREMENTS FOR ADDITIONAL CAPITAL, CONCLUSIONS OF ECONOMIC EVALUATIONS, LIMITATIONS ON INSURANCE COVERAGE, RISKS ASSOCIATED WITH USING THIRD-PARTY CONTRACTORS AND INFLATION. THE COMPANY DISCLAIMS ANY INTENTION OR OBLIGATION TO UPDATE OR REVISE ANY FORWARD-LOOKING STATEMENTS WHETHER AS A RESULT OF NEW INFORMATION, FUTURE EVENTS OR OTHERWISE, EXCEPT AS REQUIRED BY APPLICABLE LAW. CAPITAL STRUCTURE UPWARD TRENDING STOCK PRICE CORPORATE OVERVIEW ! Large Project Pipeline: Legend Gold controls a diverse portfolio of gold and base metal projects in Mali and Congo, and is actively working to expand its footprint throughout Africa ! Location, Location, Location: All three of Legend’s flagship properties - Diba, Lakanfla and Mougnina - are located on the doorstep of major gold mines in Mali ! Significant Discoveries: The Company has made multiple significant gold discoveries – the Diba Gold Project, its most advanced project today, contains a NI 43-101 compliant resource estimate of 275,200 Au oz. Indicated ! Leader in Prospect Generation: Legend Gold is one of a select few mining companies in Africa using a prospect generation model and has the expertise, knowledge, and capital to excel with this strategy and continue to grow its dynamic property portfolio ! Highly Experienced Team: The Company’s management/technical team has a combined total of over 150 years experience working in Africa PROPERTY PORTFOLIO PROSPECT GENERATOR MODEL PROSPECT GENERATION STRATEGY OUTSTANDING GEOLOGICAL TEAM Demtrius Pohl, VP Exploration " Consulting economic geologist who began his career in the West Australian nickel fields 40 years ago, where he is credited with discovering the Dordie North nickel deposit for Anaconda " Has worked for several major mining companies including Esso Minerals, Chevron, and BHP Billiton in Africa where he was responsible for project generation, primarily for gold but also for base metals " Founded Sanu Resources in 1997; the company went public in 2003 and in 2006 discovered the Hambok massive sulfide copper zinc deposit in Eritrea Eric Hanssen, Director Exploration West Africa " 25+ years in active gold exploration in Africa; original member of BHP-Billiton’s West African exploration team, where he was involved in the initial evaluations of Sadiola, Yatela, Morila, and Essakan " On BHP’s divestiture of its gold properties to Randgold in 1996, he became exploration manager at the Syama mine " Joined Iamgold in 1999, working on the Sadiola and Yatela projects; later became West African Exploration Manager Steve Olson, Congo Manager " Worked for Goldfields Mining Corp. in the western United States before joining Utah Minerals International in 1985 " Served as mine geologist on resource delineation at the Syama mine in Mali and subsequently as Tanzanian Projects Manager at the Golden Pride and the Kabonga nickel deposits in Tanzania " After working for BHP Billiton for several years, he joined Sanu Resources and was key to the exploration of the Hambok massive sulfide deposit in Eritrea Ambogo Guindo, VP Business Development " Formerly worked as a government geologist in southern Mali and now oversees Legend Gold’s Malian operations " Spent 12 years working for BHP International , including 2 years in their San Francisco Head Office MALI WEST PROGRAM Yatela& Diba%&%Badiazila% Lakanfla%&%Tinn0ba% Kata% Djelimangara%(N%&%W)% Keniebandi% Sebessounkoto%(N%&%S)% Kanda% % Senegalo2Malian&Shear&Zone& 20%km% Sadiola& FE23&&&FE24& FE23&&& FE24& MALI& Sabodala& Sabourssire& Forma?on& Badiazila& Gara& Yalea& Gounkoto& Segala& Kanda& Tabakoto& Keniebandi& Forma?on& Keniebandi& Kofi&Forma?on& SOURCE:%ECONOMIC%GEOLOGY% SOURCE:%BRGM%GEOLOGY% 5%km% Legend&Gold&Permits& Lakanfla&/&Tinn?ba& Dib a& Massawa& N N &%14ºN% Sadiola& Djelimangara&West& Djelimangara& Legend&Gold&Permits& Sebessounkoto& Kata& Sebessounkoto&2&South& Senegalo2Malian&Shear&Zone& DIBA – BADIAZALA OVERVIEW View of the Sadiola Open-Pit Gold Mine Mineral Project: Diba-Badiazala Location: 20 km south of the Sadiola Gold Mine Deposit Type: Sediment-hosted, disseminated epigenetic, replacement-type gold deposit Property Size: 83.1 sq. km Status: NI 43-101 Compliant Resource (307,700 Au oz. Indicated & Inferred) Key Takeaway: Analysis of drilling results from the property suggest that additional resources remain to be discovered on-strike from known areas of mineralization The Sadiola mine trend, which includes the Yatela and Sadiola Hill ore bodies, has produced more than 17 million Au oz. historically DIBA – BADIAZALA RESOURCE DIBA&INDICATED&&&INFERRED&MINERAL&RESOURCES&AT&A&0.5&G/T&CUTOFF&GRADE& Category& Tonnage&(kt)& Au&Grade&(g/t)& Au&Metal&(koz)& Indicated% 6,348% 1.35% 275.2% Inferred% 721% 1.40% 32.5% Diba& Diba&& Deposit& Badiazila& SOURCE:%DIBA&BADIAZILA%PROPERTY%43&101% NOTE:%PIT%DESIGNED%USING%PARAMETERS%DESCRIBED%IN%43&101%AT%A%GOLD% PRICE%OF%US$1,500/OZ%AND%THE%CUTOFF%GRADE%FOR%THE%BLOCKS%WITHIN% THE%PITS%ASSUMED%US$1,200/OZ% DIBA – BADIAZALA FUTURE WORK PHASE&1:&&&IDENTIFYING&ADDITIONAL&TARGETS& Induced&Polariza?on/Resis?vity&&&Ground&Mag&& Where% Zones%NW%&%W% Length% 10%line%km% Purpose% Iden0fy%disseminated%sulphide%mineraliza0on% Iden0fy%fault%zones% PHASE&2:&&DRILLING&KNOWN&TARGETS& Target& Drilling& Northwest%and%West% 5,000m%DDH%&%RC%(approx.%% Zones% 31%holes%@%160m)% LAKANFLA – TINNTIBA OVERVIEW Mineral Project: Lakanfla-Tinntiba Location: 10km SE of the Sadiola Hill Mine main open pit; contiguous to southern boundary of Sadiola Deposit Type: Features four known gold occurrences (all four sit along the same stratigraphic sequence as the Sadiola Mine and its satellite deposits) Property Size: 49 sq. km Status: Mid-Stage Exploration ($1.5M spent on drilling and exploration to date) Key Takeaway: Lakanfla is a major component of Legend Gold’s strategy to explore and expand gold discoveries along strike of Sadiola Photo taken during 2011 drilling program at Lakanfla-Tinntiba LAKANFLA – TINNTIBA TARGETS Zone&4& Zone&3& Monzonite& Geochemical& &Anomalies& Kantela& Tinn?ba& LAKANFLA – TINNTIBA DRILL DATA Legend% Gold% conducted% an% extensive% drilling% campaign% at% Lakanfla% in% 2011,% expanding% the% footprint% of% the% Project’s% three% exis0ng% zones% of% gold% mineraliza0on% and% discovering% a% sizeable% new%gold%bearing%zone%(called%Zone%4).& Previous&Lakanfla&Drill&Highlights& Zone& Drill&Hole&& Length&(m)& From&(m)& To&(m)& Au&(g/t)& Zone%1% 11LKFRC&005% 7.0% 60.0% 67.0% 9.53% Zone%2% 11LKFRC&022% 28.0% 6.0% 34.0% 0.62% Zone%2% 11LKFRC&072% 4.0% 28.0% 32.0% 1.37% Zone%3% 11LKFRC&052% 2.0% 35.0% 37.0% 4.29% Zone%4% 11LKFDD&04% 13.0% 8.0% 21.0% 3.42% Zone%4% 11LKF&TR01B% 9.4% 4.0% 13.4% 2.21% LAKANFLA-TINNTIBA WORK PROGRAM 2014&Work&Program& Drill&test&the&four&anomalous&areas&(2000m&of& RC&drilling&planned)& MALI SOUTH PROGRAM 12°N& W 50km& Tiekoumala& Npanyala& Mougnina& Mogoyafara& TOTAL%MAGNETIC%INTENSITY% 8°W& Pi?angoma& Pi?angoma&East& 6°W& MOUGNINA OVERVIEW Mineral Project: Mougnina Location: 8 km east of the Syama Gold Mine Deposit Type: Potential to host orogenic style gold mineralization Property Size: 120.5 sq. km Status: Early-Stage Exploration Key Takeaway: Broad auger drilling program completed by Legend Gold in 2012 identified multiple anomalous targets for future follow-up In 2013, the Syama Gold Mine produced 196,182 oz. Au at an overall head grade of 3.65 g/t Au MOUGNINA WORK PROGRAM Air&Core&Drilling&Program&(Q2&2014)& First&phase&of&5000&m&of&Air&Core&drilling&to& verify&targets&in&zones&A,&B,&C,&and&G.& 2014 DRILL PROGRAM Legend Gold has contracted for a minimum of 5,000m of reverse circulation (RC) drilling and 10,000m of air core (AC) drilling for the Diba and Lankafla projects in western Mali and the Mougnina project in southern Mali. The drill program commenced in early February. Diba Project Lakanfla Project Mougnina Project % % % # Minimum of 3,000m of RC drilling # A recently completed ground gravity survey at Lakanfla suggest that areas that have been drilled previously may warrant additional exploration. New and upgraded targets revealed by the survey will be utilized for the 2,000m of RC drilling planned for Lakanfla. # At least 5,000m of AC drilling planned to test soil auger gold anomalies and a series of ancient artisanal workings (the workings appear to lie on the same fault system that controls mineralization at the nearby Syama Mine). will be used to infill gaps in Diba’s existing NI 43-101 resource as well as testing the immediate on-strike extensions of the deposit. This drill program will help to bring the oxide resource from the indicated and inferred categories to M&I. BOARD OF DIRECTORS/OFFICERS Douglas Perkins, President & CEO " 30 year veteran of the mineral exploration business with extensive experience in West Africa " Most recently served as CEO and Executive Director of AIM listed junior, which raised over US $50M in debt and equity and also constructed a heap leach gold mine " Awarded the prestigious Pioneer of the Year Award at the 2007 Mines & Money Conference in London Michael Winn, Chairman " Has worked in the oil & gas industry since 1983 and the mining industry since 1992 " Currently the President of Terrasearch Inc., a consulting company that provides investment analysis and financial services to companies operating in the oil & gas, mining and energy sectors " Serves as a director and officer of several companies operating in Canada, Latin America, Europe, and Africa Brian Bayley, Director " Extensive public company experience in asset backed resource lending and investing, and corporate restructuring " Since September 2010 he has worked as a Resource Lending Advisor to Sprott Resource Lending Corp. " From 1996 to 2010, he held various positions including CEO and President and Director of Quest Capital Corp., a predecessor company to Sprott Resource Lending Corp. BOARD OF DIRECTORS/OFFICERS Scott Hand, Director " Currently the Executive Chairman of the Board of Royal Nickel Corporation. " Served as the Chairman and CEO of Inco Limited ("Inco") from April 2002 until retiring in January 2007; prior to that, he was the President of Inco and held positions in Strategic Planning, Business Development and Law. " Board member of Manulife Financial Corporation (financial services), Chinalco Mining Corporation International, and a number of private companies, primarily in the mineral resource field. Terence Ortslan, Director " Managing Director of TSO & Associates, an independent mining, metals and fertilizer research firm " Serves as a Director of Silvermet Inc., Maudore Minerals Ltd, Plexmar Resources Inc., Bitterroot Resources Ltd. and Niocan Inc. " Prior to 1996, Mr. Ortslan worked as a mining analyst with a number of the most well-known investment firms including BBN James Capel Inc., Loewen, Ondaatje McCutcheon Ltd., Merrill Lynch, Wood Gundy Inc. and Jones Heward & Co.
© Copyright 2024