Lindian Resources Limited · ASX:LIN

Lindian Resources — Corporate Update (October 2019)

8 slides from Lindian Resources's corporate update, Oct 2, 2019

  1. Slide 1: Gaoual Bauxite Project Fast Track Drilling Program

    Gaoual Bauxite Project Fast Track Drilling Program

  2. Slide 2: Disclaimer

    Disclaimer Forward Looking Statements Some statements in this report regarding estimates or future events are forward looking statements. They include indications of, and guidance on, future earnings, cash flow, costs and financial performance. Forward looking statements include, but are not limited

  3. Slide 3: Fast Track Phase 1 Drilling Program

    Fast Track Phase 1 Drilling Program 1 Drilling in December ‘19 2 Initial indicative results December ‘19 3 Very Low-cost, total phase 1 drill program ~US$150k  Phase 1 drilling program will focus solely on the Bouba Plateau (the conglomerate bauxite) 4 Scale, grade and depth of Conglomerate Bauxite

  4. Slide 4: Fast Track Phase 1 Drilling Program

    Fast Track Phase 1 Drilling Program  Country and region location  Guinea West Africa  Gaoual project area located within the Boke corridor  One of the best bauxite precincts in the world  Bouba plateau drilling program Guinea’s next conglomerate bauxite discovery 4

  5. Slide 5: Drill Program – Milestones to First Results

    Drill Program – Milestones to First Results Permitting completed Auger drilling to progress at site October 2019 November 2019 December 2019 (H1) December 2019 (H2) Exploration program to Initial indicative commence results available Scale of the Conglomerate Bauxite defined Guinea’s next conglomera

  6. Slide 6: Conglomerate Bauxite Defined – Let’s Recap

    Conglomerate Bauxite Defined – Let’s Recap Conglomerate Bauxite is best characterized as:  Very high Total Alumina grade (50-60% Al203)  Very low boehmite present. What is the significance of this? Significantly higher available/recovered Al203 than typical insitu bauxite  Very low contaminants (

  7. Slide 7: Highlights

    Fast Track Phase 1 Drilling Program Highlights  Program is fast - approximately 2 weeks drill time  Low cost - approximately USD$150k  Real time initial indicative results available in December 2019  Scale, grade and depth of Conglomerate Bauxite will be defined  Phase 2 drilling program will b

  8. Slide 8: Contact

    Contact: Managing Director: Shannon Green shannon@lindianresources.com.au +61 400 597 562 © LINDIAN RESOURCES LTD. www.lindianresources.com.au Guinea’s next conglomerate bauxite discovery

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