Lincoln Minerals Limited · ASX:LML
Lincoln Minerals — Mining SA Conference (November 2012)
23 slides from Lincoln Minerals's conference presentation, Nov 21, 2012
Slide 1: South Australia's Eyre Peninsula: A World Class Graphite Province
South Australia’s Eyre Peninsula A World Class Graphite Province For personal use only “The Pilbara of Graphite” ASX Code: LML | www.lincolnminerals.com.au 20 November 2012
Slide 2: Disclaimer
Disclaimer For personal use only Competent Person’s Statement This presentaBon has been prepared by Lincoln Minerals Limited (“LML") as an aid to a spoken explanaBon. The informaBon contained in this presentaBon is a professional opinion only and is given in good faith. The presentaBon is for the in
Slide 3: Lincoln Minerals Limited Company Overview
Lincoln Minerals Limited For personal use only Company Overview • Listed on ASX March 2007 • 153.4 million shares on issue • Market capitalisaBon (November 2012 @ 9 cents/share) $13.8 million • 27 exploraBon tenements on Eyre Peninsula totalling 4,667 sq kms • Offices in Adelaide and Port Lincoln • Si
Slide 4: Gum Flat Iron Ore Project Update
Gum Flat Iron Ore Project Update For personal use only Barns Deposit Located 20km from Port Lincoln Mineral Resource • HemaBte-‐goethite Mineral Resources based on proposed pit design: – Indicated 1.4 Mt @ 49.8% Fe including DSO @ 55-‐60% Fe – Inferred 0.7 Mt @ 46.0% Fe • MagneBte Mineral Resource
Slide 5: Graphite: Exciting New Opportunities
For personal use only Graphite ExciNng New OpportuniNes • Graphite is a form of carbon, an excellent conductor of heat and electricity with the highest natural strength and sBffness of any material to extremely high temperatures (36000C) • Best known as the “lead” in pencils and as a dry lubricant •
Slide 6: Global Potential for Graphite Resources
Global PotenNal for Graphite Resources (Graphite Sector Overview, May 2012) For personal use only Source: Graphite Sector Overview, May 2012, Industrial Alliance SecuriDes Inc
Slide 7: SA's Eyre Peninsula: Australia's Premier Graphite Province
SA’s Eyre Peninsula Australia’s Premier Graphite Province “The Pilbara of Graphite” For personal use only
Slide 8: SA's Eyre Peninsula: A World Class Graphite Province
SA’s Eyre Peninsula A World Class Graphite Province For personal use only Extensive high grade flake graphite resources occur on eastern Eyre Peninsula in South Australia a world class graphite province Hutchison Group graphite schist • Eyre Peninsula’s Hutchison Group sequence contains extensive gra
Slide 9: Global Potential for Graphite Resources
Global PotenNal for Graphite Resources (Graphite Sector Overview, May 2012) For personal use only Lincoln Minerals Limited (LML) • One of few western companies with Inferred and Historic Resources; AND • Scoping Study completed Source: Graphite Sector Overview, May 2012, Industrial Alliance SecuriDe
Slide 10: Global Potential for Graphite Resources
Global PotenNal for Graphite Resources For personal use only Lincoln Minerals’ Koppio and Kookaburra Gully deposits are world class deposits with respect to total graphiBc carbon content Source: TMR Advanced Graphite Projects Index
Slide 11: Exploration & Development
For personal use only ExploraNon & Development • Largest tenement holder on Eyre Peninsula 4,667 sq km • CoordinaBon agreement with Centrex Metals: • Centrex has iron ore rights • Lincoln Minerals has rights for ALL other minerals including graphite • Significant graphite opportuniNes: • Koppio Graph
Slide 12: Koppio, Kookaburra Gully & Gum Flat
Koppio, Kookaburra Gully & Gum Flat Koppio Graphite Mine where 97 tons of graphite was mined up to 1944 Koppio Graphite Mine For personal use only • Historic mine (early 1900’s then 1941 to 1944) • Inferred Resource 57,000 tonnes @ 13.1% C but open along strike and at depth • Numerous old mines/pros
Slide 13: Kookaburra Gully-Koppio Electromagnetic (EM) Survey
For personal use only Kookaburra Gully-‐Koppio ElectromagneNc (EM) Survey • Airborne Tempest EM survey flown in July 2012 • 4.5km EM anomaly extending SW from Kookaburra Gully • Other EM anomalies: • Koppio Mine • Glendara • Yellow Gums • Pernella Preliminary EM Image Fugro Tempest EM survey plane
Slide 14: Kookaburra Gully – Koppio Region Exploration Targets
Kookaburra Gully – Koppio Region ExploraNon Targets For personal use only • Conceptual ExploraBon Targets based on airborne EM Survey and: • Lower esBmate = 50m depth extent and upper esBmate = 100m depth extent • SubverBcal graphite unit similar to Kookaburra Gully and Koppio Mine deposits • SG = 2
Slide 15: Kookaburra Gully Scoping Study
Kookaburra Gully Scoping Study Trench 4 (looking west) For personal use only 20m @ 16.3% C including 12m @ 20.5% C
Slide 16: Kookaburra Gully Metallurgy
Kookaburra Gully Metallurgy For personal use only • Metallurgical test work for Kookaburra Gully: • Graphite mineralisaBon readily amenable to concentraBon using size classificaBon, flotaBon and gravity concentraBon • Premium product at +150 micron can be produced at grades >90% without chemical leach
Slide 17: Kookaburra Gully Scoping Study Infrastructure
PRELIMINARY For personal use only Kookaburra Gully Waste rock dump Scoping Study Infrastructure [ [ [ [ [ [ [ [ [ [ [ [ [ [ [ [ [ [ [ [ [ Process plant Tailings dam [ [ Waste rock dump [ • Conceptual Scoping Study Infrastructure for [ [ ROM ! [ [ [ [ [ [ [ Kookaburra Gully: [ [ [ [ [ [ [ [ [ [ [ [ [
Slide 18: Kookaburra Gully Conceptual Process Flow Sheet
Kookaburra Gully • Mine, crush, screen, mill Conceptual Process Flow Sheet • 4 stage flotaBon incl. flash flotaBon, regrind as needed, then rougher, For personal use only scavenger & cleaner flotaBon cells • Thicken, press & dry • Bag & export
Slide 19: Kookaburra Gully Scoping Study
Kookaburra Gully Scoping Study • Capital Expenditure EsNmate (Capex) For personal use only Item Estimate ($) Estimate ($) 200,000 tpa 400,000 tpa Kookaburra Gully Graphite Project $30,307,300 Mining $380,400 Process plant $22,597,800 Infrastructure $7,329,100 Total direct costs $30,308,100 $38,800,0
Slide 20: Comparison of Kookaburra Gully Scoping Study with Northern Graphite BFS
Comparison of Kookaburra Gully Scoping Study with Northern Graphite BFS – BisseP Creek (Canada) For personal use only BisseP Creek Kookaburra Gully Resource size 19 million tonnes 0.9 million tonnes Resource grade (% total graphiBc carbon) 1.9% 11.5% Processing rate (tonnes per annum) 840,000 tpa 20
Slide 21: Campoona Graphite Key Points
Campoona Graphite Key Points • Immediately adjacent to Archer (Cockabidnie Project) ExploraBon (AXE) & Monax Mining For personal use only (MOX) graphite discoveries • Campoona, Jameison Tank & Sugarloaf Hill EM anomalies extend onto EL 4883 • Further potenBal in Campoona Syncline between Campoona an
Slide 22: Campoona Graphite – EM Survey
Campoona Graphite – EM Survey For personal use only
Slide 23: Summary
Summary Graphite – exciting opportunities on south-central Eyre Peninsula For personal use only A World Class Graphite Province Lincoln Minerals has a dominant ground position with existing Inferred Resources of high grade, high value flake graphite and significant graphite Exploration Targets Posit
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