Lindian Resources Limited · ASX:LIN
Lindian Resources — Euroz Hartleys Rottnest Island Conference 2023
20 slides from Lindian Resources's conference presentation, Mar 9, 2023
Slide 1: Kangankunde – The King of Rare Earths
EUROZ HARTLEYS ROTTNEST ISLAND CONFERENCE 2023 Rare KANGANKUNDE Earths “THE KING” of Rare Earths A Tier 1 Rare Earths Asset in the making Bauxite
Slide 2: Disclaimer
DISCLAIMER The material in this presentation has been prepared by Lindian Resources Limited (“Company”). This presentation may not be reproduced, redistributed or passed on, directly or indirectly, to any other person, or published, in who le or in part, for any purpose without prior written approva
Slide 3: Corporate Overview
CORPORATE OVERVIEW Company ASX Code LIN • Tanzanian born Australian entrepreneur Asimwe Kabunga • The visionary behind the company’s strategy Share Price as at 7/3/2023 ~AUD$0.25 • Major shareholder Chairman • Commercially astute and strategic investor Ordinary Shares on Issue ~978M Performance Shar
Slide 4: Lindian Asset Overview: Kangankunde and Bauxite
LINDIAN ASSET OVERVIEW KANGANKUNDE - “THE KING” • World’s most strategically important developing REO project • Short runway to production - project advancing at fast-tracked pace • Destined to be a major supplier of Rare Earths BAUXITE* • Lindian has over 1 Billion tonne of high-quality bauxite res
Slide 5: Kangankunde Project Snapshot
KANGANKUNDE PROJECT SNAPSHOT KANGANKUNDE “THE KING” RARE EARTHS PROJECT ➢ Size Destined to be the world’s largest REO deposit ➢ Tenure Mining Licence + Environmental Certificate issued ➢ Metallurgy Simple gravity separation and processing ➢ Environmental Non-radioactive, net zero carbon capa
Slide 6: Location
KANGANKUNDE LOCATION ASX: LIN | 6
Slide 7: View from Kangankunde Hill
View from Kangankunde Hill Drilling on Kangankunde Hill View of Kangankunde Hill Breccia carbonatite veining Mixed Breccia carbonatite Carbonatite Stunning crystals
Slide 8: Kangankunde Site Visit Video
LINDIAN RESOURCES LTD. = Kangankunde Site Visit = Se va “PE WWW.LINDIANRESOURCES.COM.AU i
Slide 9: Plan View: Geology
PLAN VIEW: GEOLOGY North Knoll Regional Targets North and carbonatite South remain untested exploration target Central carbonatite (high grade zone) • Surface mapped 650 metre long (North-South) • 450 metre wide (East- Kangankunde West) • Typical (Avg) grade in ~800m drilling1 2.0% to 3.0% Carbonati
Slide 10: Section View: Drill Hole Results
SECTION VIEW: DRILL HOLE RESULTS Refer ASX release ASX:LIN dated 5th January, 16th January, 24th January, 6 February, and 9 March 2023 ASX: LIN | 10
Slide 11: Section View: Drill Hole Results
SECTION VIEW: DRILL HOLE RESULTS Refer ASX release ASX:LIN dated 5th January, 16th January, 24th January, 6 February, and 9 March 2023 ASX: LIN | 11
Slide 12: Drill Core Examples
KANGANKUNDE DRILL CORE EXAMPLES KGKDD002 71.44m to 76.09m 3.97% 3.75% 3.73% 0.82% 3.88% Iron-rich Carbonatite with green coarse monazite mineralisation visible. Note: no green colouration for the interval 74.17 to 75.09m Monazite varies from coarse to fine grains, apple green to colourless. Occurs a
Slide 13: RC Drill Assay Score Board
KANGANKUNDE RC Drill Assay Score Board Drill hole # From to metre TREO % Comments Rock type KGKRC 001 0 to 110 2.9% Significant intervals to 8.5% Carbonatite KGKRC 002 0 to 250 2.9% Significant intervals to 5.7% Carbonatite KGKRC 003 0 to 184 2.5% Significant intervals to 2.7% Carbonatite KGKRC 004
Slide 14: RC Drill Assay Score Board
KANGANKUNDE RC Drill Assay Score Board Drill hole # From to metre TREO % Comments Rock type KGKRC 011 0 to 32 2.7% Failed in Broken ground Carbonatite KGKRC 012 0 to 210 1.9% Significant intervals to 3.2% Carbonatite & Breccia KGKRC 013 0 to 162 2.2% Significant intervals to 3.0% Carbonatite KGKRC 0
Slide 15: RC Drill Assay Score Board
KANGANKUNDE RC Drill Assay Score Board Drill hole # From to metre TREO % Comments Rock type KGKRC 021 0 to 89 1.3% Mixed zone Carbonatite & Breccia KGKRC 022 0 to 146 1.3% Breccia / fault zone KGKRC 023 0 to 28 2.9% Failed hole Carbonatite KGKRC 024 0 to 169 1.5% Mixed zone Breccia then Carbonatite
Slide 16: Metallurgy Testwork – Flowsheet Design
METALLURGY TESTWORK – Flowsheet Design Shaking table recovery Multi-Gravity Separator Coarse fraction -50 micron fraction ASX: LIN | 16
Slide 17: Kangankunde – Comparison Analysis
KANGANKUNDE – Comparison Analysis Pricing of Concentrate relative to Is Radiation NdPr % Concentrate grade Price $US/Kg Mountain Pass significant? Mountain Pass (actual) 1 15.3 ~40 12.61 Yes Bayan Obo (calculated) 2 19.6 ~53 Not publicly available Yes Subject to contract Kangankunde (projected) 3 20
Slide 18: Strategic Development Timeline
Strategic Development Timeline 2022 2023 2024 2025 2026 2027 2028 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 FY FY FY FY Shareholder approval Maiden drilling starts Drill Assays Metallurgical results Exploration Target Mineral Resource Estimate Stage 1: Plant build Ramp-up / Operation Stage 2: build March Operat
Slide 19: Anatomy of a Tier 1 Rare Earths Asset
ANATOMY OF A TIER 1 RARE EARTHS ASSET Factors Hurdle Resource >500 million tonnes resource TREO Total TREO contained >10 million tonne NdPr Ratio NdPr ratio ≥20% Concentrate Recovery Concentrate Recovery ~80% Concentrate Grade Concentrate grade ~60% TREO Radioactive content Non-Radioactive Carbon Fo
Slide 20: Contact
CONTACT Level 24, 108 St Georges Terrace Perth WA 6000 +61 8 6557 8838 www.lindianresources.com.au
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