Lucapa Diamond — Lonrho Mining — Investor Presentation (September 2012)
18 slides from Lucapa Diamond's investor presentation, September 2012
Slide 1: Set to Sparkle
For personal use only Set to Sparkle
Slide 2: Company Overview
Company Overview For personal use only Chairman: Shares on issue: • Gordon GILCHRIST • 2.547 billion (ASX: LOM) • Former MD of Argyle Diamonds and head of Rio Tinto’s global diamond Listed options on issue: operations • 1.59 billion @ 2c expiring December 2013 (LOMOA) Managing Director: • Miles KENN
Slide 3: Why Lonrho is Set to Sparkle
Why Lonrho is Set to Sparkle For personal use only • A systematic 4-year exploration program at the 3,000km² Lulo Diamond Concession in Angola has produced rare and valuable diamonds, including a 131 carat gem valued at $US3.5 million • These diamonds provide valuable clues for the eagerly awaited k
Slide 4: A Highly Desirable Address
Lulo: A Highly Desirable Address For personal use only • Located in the diamond-rich Lunda Norte Province of Angola, one of the world’s leading diamond producers • Surrounded by global diamond giants including De Beers, Alrosa, SDM and Metalex • Located in the Archaean Angolan- Kasai Craton – an anc
Slide 5: Keeping Excellent Company
Lulo: Keeping Excellent Company For personal use only • 150km from the world-class Catoca diamond mine • On the same favourable geological setting (Lucapa Graben) as Catoca • Catoca is the world’s fourth biggest kimberlite, accounting for ~ 60% of Angola’s diamond production • In 2011, Catoca genera
Slide 6: Keeping Excellent Company
Lulo: Keeping Excellent Company For personal use only Slide: 6
Slide 7: Both Alluvial Kimberlite & Diamond Rights
Lulo: Both Alluvial Kimberlite & Diamond Rights Lulo is a JV with Endiama, Angola’s national diamond company, For personal use only • covering both alluvials and kimberlites • Lonrho is the manager and operator of the JV • Diamonds can be sold once a mining licence is secured. Lonrho to recover 100%
Slide 8: Alluvials: Valuable Clues to the Diamond Sources
Alluvials: Valuable Clues to the Diamond Sources • Calonda Formation For personal use only gravels in the Cacuilo River valley identified as the primary source of alluvial diamonds being mined at Lulo by garimpeiros • Vast areas of shallow buried Calonda Formation gravels indicated - untouched by ar
Slide 9: Lulo Diamonds: Among the World's Best
Lulo Diamonds: Among the World’s Best Independent Diamond For personal use only • Valuers Pty Ltd engaged in August 2012 to value the alluvial diamonds from Lulo. • Report states: • Many of the Lulo diamonds display features of rare and flawless Type 131 carat stone valued at $US3.5M IIa diamonds, w
Slide 10: Priority Kimberlite Targets
Lulo: 61 Priority Kimberlite Targets The alluvial diamonds recovered For personal use only • from Lulo have been washed away from their kimberlite sources over millions of years • An aeromagnetic survey flown over one-third of the 3,000km2 Lulo Concession in 2008 identified a major kimberlite field
Slide 11: Priority Kimberlite Targets
Lulo: 61 Priority Kimberlite Targets For personal use only Slide: 11
Slide 12: Kimberlite Diamond Province (247 Targets)
Lulo: Kimberlite Diamond Province (247 Targets) For personal use only Slide: 12
Slide 13: Lulo Kimberlite Targets: Size Does Matter
Lulo Kimberlite Targets: Size Does Matter For personal use only Slide: 13
Slide 14: Kimberlite Drilling: Search for the Next Catoca
Kimberlite Drilling: Search for the Next Catoca For personal use only • Specialist BAUER rig drill testing the 61 priority kimberlite targets at Lulo. Drilling to continue for 12-18 months • Additional earthmoving equipment and new DMS plant front end also being delivered to Lulo for kimberlite prog
Slide 15: Kimberlite Drilling: Search for the Next Catoca
Kimberlite Drilling: Search for the Next Catoca For personal use only • BAUER rig can drill both narrow holes and wide- diameter holes to 250m depth to extract 25 tonne kimberlite bulk samples • Kimberlite sample returned to surface from drill bit using a mud suspension • Mud is shaken over screen;
Slide 16: Reasons to Invest in Lonrho
10 Reasons to Invest in Lonrho • World class alluvial diamonds already recovered from Lulo, including 131 carat stone For personal use only worth $US3.5M, demonstrate the potential for a new top tier diamond field • Lulo diamonds display features consistent with rare and flawless Type IIa diamonds •
Slide 17: Competent Person's & Forward-Looking Statements
Competent Person’s & Forward-Looking Statements Competent Person’s Statement For personal use only • Information in this presentation that relates to exploration results, mineral resources or ore reserves is based on information compiled by David Jones BSc (Hons) MSc of Ascidian Prospecting Pty Ltd,
Slide 18: Contact Details
For personal use only • CONTACT DETAILS: 34 Bagot Rd, Subiaco, Western Australia 6008 PO Box 298 West Perth, Western Australia 6872 Tel: (+61 8) 9489 9200 Fax: (+61 8) 9489 9201 Email: general@lonrho.com.au LONRHO MINING LIMITED Web: www.lonrho.com.au ACN 111 501 663
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