Lincoln Minerals Limited · ASX:LML

Lincoln Minerals — Investor Presentation (March 2016)

20 slides from Lincoln Minerals's investor presentation, Mar 24, 2016

  1. Slide 1: Graphite Mining Lease imminent

    Graphite Mining Lease imminent in Australia’s foremost graphite province: SA’s Eyre Peninsula LINCOLN MINERALS LIMITED ASX : LML www.lincolnminerals.com.au Kookaburra Gully Trench 4 12m @ 20.5% graphi=c carbon

  2. Slide 2: Kookaburra Gully graphite mine upside

    Kookaburra Gully graphite mine upside • Mining Lease imminent for Kookaburra Gully near Port Lincoln • Key trigger to underpinning oAake/project financing contracts • Shallow deposit among world Top 10 highest grade graphite deposits • Part of strong flake graphite footprint on SA’s Eyre Peninsula • K

  3. Slide 3: Kookaburra Gully: a world class address

    Kookaburra Gully: a world class address World Class LocaLon World Class JORC resource SA hosts 61% of Highly sought aber Australia’s JORC premium flake graphite resources graphite On Eyre Peninsula: Kookaburra Gully highly prospec=ve for 2.2 Mt @ 15.1% TGC world-­‐class graphite Adjoining Koppio Incl

  4. Slide 4: Top grades in world's top class

    Top grades in world’s top class Kookaburra Gully is Australia’s highest grade graphite deposit and is capable of delivering near-­‐term produc=on at low cost in addi=on to graphene development research with Melbourne’s Monash University and Guangdong University of Technology in China Skaland,"Norway

  5. Slide 5: Kookaburra Gully Mining Lease

    Kookaburra Gully Mining Lease • Prepara=on of Program Mining Lease offer for Environmental from SA Government Protec=on & Rehabilita=on (PEPR) & Imminent other Government Exis=ng approvals in progress Commonwealth • Capex <A$50 million Government EPBC environmental • LOM Opex A$704/t approval concent

  6. Slide 6: Kookaburra Gully Mining Lease

    Kookaburra Gully Mining Lease • Small mine site footprint Legend 103 ha ( ! Roundabout D Drainage channel • OA 700m long open pit MC 4372 TAR Natural channel graphite mine OR North West waste dump L AW • Conven=onal 4-­‐stage PIL South waste dump Road flota=on plant 24/7 Legend Subsoil stockpile • (

  7. Slide 7: Timescale to Production

    Timescale to ProducLon Commence shipping product Start mining Mine Development 2017 PEPR & other approvals Drilling February 2013 Mining Lease 2016 Commonwealth EPBC approval Lodge Mining Lease Proposal 2015 Peg Mineral Claims Environmental studies 2014 JORC Resource 2013 Scoping Study 2012 Discover

  8. Slide 8: Robust Project Economics

    Kookaburra Gully Robust Project Economics Low capital investment less than $50 million and compeLLve cash operaLng costs AMC Conceptual Mine Plan $350.0$ (based on 2012-13 prices) Project#Cash#Flow#(pre;tax#A$m)# $300.0$ 2015 graphite price range $250.0$ for Kookaburra Gully A$#million# $200.0$ conc

  9. Slide 9: Kookaburra Gully Capital Cost Estimate

    Kookaburra Gully Capital Cost EsLmate Total capital investment less than $50 million DescripLon 2016 ($m) 2017 ($m) PEPR (geotechnical, geochemical, surface 3.2 and groundwater, detailed design/DFS, management plans, government approvals) Process Plant (crusher, mill-­‐flota=on-­‐ 24.1 screening circ

  10. Slide 10: Graphite Market Fundamentals

    Graphite Market Fundamentals BATTERY & ENERGY STORAGE COMMERCIALISATION • Graphite is a key input in the manufacture of lithium-­‐ion ba^eries • Ba^eries widely used in electric vehicles, smart phones, portable computer devices and more – bahery backup for solar powered homes and grid-­‐scale solar

  11. Slide 11: Focused Board and Management

    Focused Board and Management Board Snapshot Non-­‐ExecuLve Chairman -­‐ Mr Jin Yubo Managing Director -­‐ Dr Allan John Parker Non-­‐ExecuLve Director -­‐ Mr Eddie Lung Yiu Pang Non-­‐ExecuLve Director -­‐ Mr James Tenghui Zhang 97.8% TGC coarse flake graphite • Mr Jin and Mr Zhang provide crucial fr

  12. Slide 12: Summary and Key Deliverables

    Summary and Key Deliverables • Focused graphite developer with Australia’s highest quality graphite deposit • Milestone Mining Lease imminent for Kookaburra Gully • Crystallises ouake/project funding opportuni=es • Australia’s next graphite mine (subject to government approvals and finance) • World c

  13. Slide 13: Thank You

    subsoil TSF WRSF South pit ROM pad WRSF West process plant topsoil Kookaburra Gully Conceptual Mine Plan THANK YOU Dr. A. John Parker Managing Director LINCOLN MINERALS LIMITED +61 8 8274 0243 jparker@lincolnminerals.com.au Lincoln Minerals Limited Emerging Graphite Producer

  14. Slide 14: Important Notice

    Important NoLce This presenta=on has been prepared by Lincoln Minerals Limited (“LML") and Australian Graphite Pty Ltd (“AGL”) as an aid to a spoken explana=on. It should not be considered as an offer or invita=on to subscribe for or purchase any securi=es in LML or AGL nor as an inducement to make a

  15. Slide 15: Appendix

    Appendix This presenta=on has been prepared by Lincoln Minerals Limited (“LML") as an aid to a spoken explana=on. The informa=on contained in this presenta=on is based on a number of public statements, Quarterly Reports and ASX releases made by LML: References • Lincoln Minerals, 2013. Updated Graph

  16. Slide 16: Kookaburra Gully Mineral Resource

    Kookaburra Gully Mineral Resource Lincoln Minerals Limited Emerging Graphite Producer

  17. Slide 17: Koppio Mineral Resource

    Koppio Mineral Resource Reference: Lincoln Minerals, 2015. Maiden graphite resource for second Lincoln deposit in SA’s Eyre Peninsula lifts total inventory by >50% in this world-class province. Lincoln Minerals limited, ASX Announcement 13 July 2015. Lincoln Minerals Limited Emerging Graphite Produc

  18. Slide 18: Graphite Deposit World Class Resource and Resource Upside

    Kookaburra Gully Graphite Deposit World Class Resource and Resource Upside JORC Mineral Resources: • Kookaburra Gully 2.20 Mt @ 15.1% TGC • Koppio 1.85 Mt @ 9.8% TGC • Total Contained Graphite 567,000 tonnes • Kookaburra Gully Extended Explora=on Targets 22 Mt – 44 Mt @ 10%-­‐15% TGC • Other Explora

  19. Slide 19: Kookaburra Gully – Simple Processing

    Kookaburra Gully – Simple Processing Simple process flow sheet – grind, float, regrind, clean, dry, screen and export ! Tailings(Thickener( Lincoln Minerals Limited Emerging Graphite Producer

  20. Slide 20: Corporate Directory

    Corporate Directory Directors Adelaide Office Mr Jin Yubo, Chairman 28 Greenhill Road Dr A John Parker, Managing Director Wayville SA 5034 Mr Eddie Lung Yiu Pang, Non Execu=ve Phone: (618) 8274 0243 Mr James Tenghui Zhang Share Registry Company Secretary Computershare Investor Services Pty Ltd Jarosla

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