Legend Mining : June 2022 Quarterly Activities Report

QUARTERLY REPORT

onlyASX Symbol: LEG			ASX:LEG | 14 JULY 2022
		JUNE 2022
		LEGEND MINING LIMITED		HIGHLIGHTS - Rockford Project, Fraser Range
		ABN 22 060 966 145		•	Three diamond drillholes completed at Mawson,
				with the fourth in progress and fifth in planning
use
		•	65 regional aircore drillholes completed	with
		Level 1, 8 Kings Park Road
				assays pending and programme ongoing
		West Perth
		Western Australia 6005		•	Innovative MLTEM surveys completed over the
		PO Box 626				northern Rockford project area with programme
		West Perth				ongoing
personal
		Western Australia 6872		• Cash circa $15M at 30 June 2022
		Phone:	[phone]		OVERVIEW
		Facsimile:	[phone]
		Email:			The June 2022 Quarter has been a very productive period for field
		[e-mail]		activity across the Rockford Project, with diamond drilling of seismic
		Website:			targets	at Mawson while regional aircore drilling and MLTEM
		www.legendmining.com.au		surveys continue over prospective targets.
					The first two diamond holes have intersected packages of rocks
		CONTACT
				which are consistent with the geological interpretation of the seismic
		Mr Mark Wilson		data. The third hole is currently being downhole surveyed	with
			drilling at the fourth hole currently in progress. Collar locations and
For	Managing Director
	drill traces of these holes are shown on Figure 2 in the body of this
Mr Oliver Kiddie		report. Thorough interpretation of the seismic data from these holes
Executive Director		will only be possible once all the follow up information (DHTEM,
			geochemistry from assays, petrophysics, etc) is received and
			processed.
PROJECTS
			Meanwhile the regional aircore drilling and innovative MLTEM
		Rockford - Fraser Range:		surveys continue to identify a pipeline of prospective nickel-copper
		Nickel-Copper(Ni-Cu)		targets.
		Copper-Zinc-Silver(Cu-Zn-Ag)
		Gold (Au)

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For personal use only

ROCKFORD PROJECT (Fraser Range District)

Nickel-Copper,Copper-Zinc-Silver, Gold

Legend's Rockford Project is located in the highly prospective Fraser Range district of Western Australia and considered prospective for mineralisation styles including magmatic nickel-copper, VMS zinc-copper-silver and structurally controlled gold.

The Rockford Project comprises 15 granted exploration licences (14 contiguous) covering a total area of 3,056km2 (see Figure 1). A detailed breakdown of ownership, area and manager is given below:

• Legend (100%) 206km2
• Legend (70%)/Creasy Group (30%) two JVs covering 2,192 km2 with Legend manager
• IGO (60%)/Creasy Group (30%)/Legend (10% free carry) JV covering 634km2 with IGO manager
• IGO (70%)/Legend (30% free carry) JV covering 24km2 with IGO manager

Activities continued during the June 2022 Quarter at the Rockford Project, with diamond drilling testing seismic targets at the lead Mawson Prospect, while regionally, innovative EM and aircore drilling continued to identify a new pipeline of prospective Ni-Cu targets.

3D model evolution utilising updated geological and geophysical modelling, including 3D seismic, continues to drive focused exploration targeting at Mawson. The aim of the seismic survey was to define the architecture of the Mawson intrusion in relation to the stratigraphic package, to a depth of investigation of a minimum 1000m below surface across a 6.5km2 area. Diamond drilling of select seismic features continues, with initial results supporting the application of seismic as a targeting technique in the Fraser Range.

Regionally, extensive datasets have continued to be expanded and interrogated to generate a new pipeline of Ni-Cu-Co sulphide targets. A 30,000m first pass aircore drilling continues across new and existing targets. Additionally, innovative MLTEM and FLTEM surveys continue across high priority targets at the Rockford Project.

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Figure 1: Rockford Project with current prospect locations and targets over regional gravity inversion

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only	Mawson Prospect
The aim of the seismic survey was to define the architecture of the Mawson intrusion in relation to the
		stratigraphic package, to a depth of investigation of a minimum 1000m below surface across a 6.5km2 area.
		The 3D seismic data supports the exploration model at Mawson, that a large intrusive source continues at
		depth below drilling completed to date. 3D seismic reflectors clearly map the mineralised chonolith in drilled
		areas down to 500m below surface, with the chonolith interpreted to extend below 500m, below the
use	Mawson fault, to a possible keel position at ~800m to 1,000m. This interpreted keel position is defined by
a complex set of reflectors and structural breaks, consistent with the seismic signature of the Mawson
discovery zone (see Figure 3).
		RKDD081 was the first diamond drillhole to interrogate
		the interpreted keel below the Mawson fault (see Figure
		2 and Figure 3). Drilling conditions encountered resulted
		in slower than anticipated drilling rates and a swing in
personalFor			the hole trace, with rotation, away from planned
		trajectory. The drillhole largely intersected intrusive
				suites and metasedimentary packages where predicted.
				The lower zone of the target zone intersected various
				mafic intrusive suites, including a heavily disseminated
				gabbronorite intrusion at 840m downhole (see Photo 1).
				Early interpretation of the intrusive suite intersected in
				RKDD081 suggests the drillhole has tested an area
				marginal to the main chonolith. Further data analysis and
				additional drilling will aid in refinement of the initial
				interpretation. Assay results are pending.
		Photo 1: Heavy disseminated sulphide intrusion from RKDD081 from 840m, NQ2
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Figure 2: Mawson chonolith, diamond drillholes, and section locations

Figure 3: 3D Seismic section A-A' showing the Mawson chonolith with diamond drillhole RKDD081

*Note - RKDD030 and RKDD033 projected onto section for illustration purposes

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