Lincoln Minerals Limited · ASX:LML
Lincoln Minerals — Shareholder Meeting (November 2009)
13 slides from Lincoln Minerals's shareholder meeting presentation, Nov 23, 2009
Slide 1: Annual General Meeting
For personal use only Annual General Meeting November 2009 Dr A. John Parker Managing Director 23 November 2009
Slide 2: Year in Brief – Staying Focused
Gawler Craton For personal use only Year in Brief – Staying Focused Indonesia & Eastern Eyre Peninsula Gum Flat Iron Ore • Maiden Magnetite & Hematite inferred resources including DSO • Scoping studies in progress • JV partner Mineral Enterprises group reached 40% interest • Ongoing interest from Ch
Slide 3: Lincoln Minerals Limited
LINCOLN MINERALS LIMITED LINCOLN MINERALS LIMITED # Listed on ASX March 2007 # 100,501,286 Shares + 35,771,854 listed Options + 4,960,000 unlisted Options For personal use only # Market capitalisation (20 November 2009 @ 33.5 cents/share) $33.7 million # Cash on hand September 2009 $3.5 million # Su
Slide 4: Gawler Craton
LINCOLN MINERALS LIMITED Gawler Craton For personal use only ELs Exclusive Rights Area (sq km) 9 All minerals 1,729 15 All except iron ore 1,947 1 All except uranium 1,000 1 EL Application 114 TOTAL 4,790 Agreement with Centrex Metals Limited (CXM) • CXM only has rights for iron ore on CXM & SAIOG E
Slide 5: Gum Flat Iron Ore Project
Gum Flat Iron Ore Project • Inferred Resources: LML 60% MEA 40% For personal use only • Magnetite 55 Mt @ 20.6% DTR • Hematite 0.6 Mt DSO at 55.6% Fe (50% Fe cutoff) or 2.5 Mt at 45.5% Fe (35% Fe cutoff) • Exploration Targets: • Magnetite 125-200 Mt at 20-25% Fe • Hematite 3-10 Mt at 45-60% Fe (incl
Slide 6: Gum Flat Iron Ore Project
Gum Flat Iron Ore LINCOLN MINERALS LIMITED Project For personal use only # Shallow dipping Barns Prospect # 80m thick BIF # Thin cover sequence # Hematite down to about 70m depth then magnetite BIF below # Direct Shipping Ore 18m DSO @ 58.2% Fe (GFRC103 50m-68m) SiO2% Al2O3% P% LOI% 5.16 1.37 0.48 6
Slide 7: Desa Mirah Iron Ore Mine
DESA MIRAH IRON ORE MINE LINCOLN MINERALS LIMITED # Located in south-central Kalimantan (Borneo) High grade hematite – up to 68.7% Fe For personal use only # # 7,000-10,000t stockpile: Fe% SiO2% Al2O3% P% LOI% 66.2 2.02 1.31 0.04 1.85 # Small but ready to go into production when landowner approval r
Slide 8: Gawler Craton Uranium Potential
LINCOLN MINERALS LIMITED Gawler Craton For personal use only Uranium Potential Eastern Eyre Peninsula • A major uranium province • Extends length of Eyre Peninsula • Numerous occurrences within bedrock gneiss and palaeochannels • Potential for unconformity-related Alligator River style uranium Linco
Slide 9: Wilcherry Uranium Prospect
LINCOLN MINERALS LIMITED Wilcherry Uranium Prospect For personal use only Lincoln Minerals 100% IronClad Mining earning interest in iron ore rights only # Up to 0.07% uranium with sulphide, graphite & base metals up to 0.5% copper # Continuous over 5 hectare (>200m strike length) open to N & S # Ura
Slide 10: Cockabidnie Project
LINCOLN MINERALS LIMITED Cockabidnie Project Rights for all minerals except iron ore For personal use only Lateritic Nickel-Cobalt # Drilling at Cockabidnie (Campoona Syncline) in 2007 and 2008 identified up to 1.15% Ni & 0.33% Co within saprolitic clay above weathered gabbro # Up to 2.4% Pb+Zn, 0.2
Slide 11: Vanadium Projects
LINCOLN MINERALS LIMITED Vanadium Projects For personal use only # Vanadium is used to strengthen steel and titanium alloys # EG commonly 0.05 kg vanadium (V) in 1 tonne steel # Commonly associated with iron ore # Drilling at Bungalow by Centrex Metals has identified up to 0.1% V2O5 in drill core &
Slide 12: South Australia and Indonesia summary
SOUTH AUSTRALIA For personal use only Maintaining an active exploration & resource definition program combined with scoping studies to consolidate opportunities for project development Iron Ore – Gum Flat Uranium – Wilcherry (Kimba Gap, White Flat) Nickel-Cobalt (base metals, gold) – Cockabidnie Van
Slide 13: Disclaimer & Competent Person's Statement
LINCOLN MINERALS LIMITED Disclaimer & Competent Person’s Statement For personal use only This presentation has been prepared by Lincoln Minerals Limited (“LML") as an aid to a spoken explanation. The information contained in this presentation is a professional opinion only and is given in good faith
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