Lincoln Minerals Limited · ASX:LML
Lincoln Minerals — Investor Presentation (February 2026)
21 slides from Lincoln Minerals's investor presentation, Feb 17, 2026
Slide 1: ASX Announcement: Investor Webinar Presentation
ASX Announcement 17 February 2026 Investor Webinar Presentation Lincoln Minerals Limited (‘the Company’) (ASX:LML) is pleased to enclose a copy of the Company’s updated Investor Presentation, to be delivered by Chief Executive Officer, Chris Wilcox, during the webinar on Monday 23 February 2026 at 1
Slide 2: About Lincoln Minerals
ASX:LML About Lincoln Minerals Lincoln Minerals (ASX: LML) is an Australian copper discovery company focused on advancing copper and base metal projects in South Australia’s world-class Gawler Craton region. The company’s key projects include the Minbrie Project, where review of historic drilling ha
Slide 3: Discovery Focused Copper Company: Strategic Update
ASX: LML C Discovery Focused Copper Company Strategic Update February 2026 Lincoln Minerals Limited 1 Corporate Presentation | February 2026 | lincolnminerals.com.au
Slide 4: Important Notice and Disclaimer
ASX: Important Notice and Disclaimer LML Disclaimer and Competent Person Statement The information contained in this document (“Presentation”) has been prepared Lincoln Minerals Limited This Presentation includes certain statements that may be deemed “forward-looking statements”. All (“Company”). Th
Slide 5: Eyre Peninsula Copper
ASX: LML Eyre Peninsula Copper Actively focused A discovery-type intersection of copper, on testing the Minbrie Project lead, zinc, and silver at the Minbrie Project has reinvigorated exploration on the Eyre Peninsula. Large Eyre Peninsula tenement holding New management team with a proven underexpl
Slide 6: Lincoln is Focused on Copper Discovery
ASX: Lincoln is Focused on Copper Discovery LML Copper demand is forecast to outpace supply1 Source: 1 S&P Global (January 2026), Copper in the Age of AI: Challenges of Electrification, https://www.spglobal.com/en/research-insights/special-reports/copper-in-the-age-of-ai 4 Corporate Presentation | F
Slide 7: Significant Eyre Peninsula Landholding in a Prolific Copper Jurisdiction
ASX: Significant Eyre Peninsula Landholding in a Prolific Copper Jurisdiction LML South Australia hosts 66% of Australia’s copper resources1 Lincoln holds ~1,100km2 of tenements in the Gawler Craton, close to infrastructure Source: 1Geoscience Australia: https://www.ga.gov.au/digital-publication/aim
Slide 8: Eyre Peninsula Has the Right Ingredients for Base Metal Discoveries
ASX: South Australia’s Eyre Peninsula Has the Right Ingredients for Base Metal Discoveries LML The Gawler Craton hosts significant mineral systems, Potential for a range of copper and base metal underpinned with deformation and metalliferous mineralisation styles. intrusions critical for sulphide mi
Slide 9: Minbrie Project Eagle Ridge Discovery
ASX: Minbrie Project Eagle Ridge Discovery LML Review of historic data reveals a discovery-type intercept that was not effectively followed up. 29.5m @ 0.8% copper (Cu), 7.5% lead (Pb), 1.9% zinc (Zn), 9 g/t silver (Ag) from 131.1m1 (apparent width) Source: 1 ASX: LML, 12 February 2025, “Mineralised
Slide 10: Eagle Ridge: Just the Tip of the Iceberg
ASX: Eagle Ridge: Just the Tip of the Iceberg LML 1.7km of target stratigraphy along strike from the Relogging and reassaying historic holes has identified discovery hole has not been drilled.1 sulphides, demonstrating potential for copper and base metals over 7km of strike2 1 LML: ASX 2 February 20
Slide 11: 17km of Target Stratigraphy at Minbrie Remains Largely Untested
ASX: 17km of Target Stratigraphy at Minbrie Remains Largely Untested1 LML Source: 1 LML ASX 2 February 2026, “Lincoln identifies historic high-grade copper targets at Southern Eyre Project, SA” 9 Corporate Presentation | February 2026 | lincolnminerals.com.au
Slide 12: Historic High-Grade Copper Targets Identified at Southern Eyre Project
ASX: Historic High-Grade Copper Targets Identified at Southern Eyre Project LML This region shares a similar geological setting to Minbrie but has seen limited significant copper exploration over the last 30 years.1 Source: 1LML ASX 2 February 2026, “Lincoln identifies historic high-grade copper tar
Slide 13: Upcoming Activity and News Flow
ASX: Upcoming Activity and News Flow LML Finalise drilling approvals Minbrie Project Drilling Wide-spaced air core and targeted drilling of high-priority prospects Relogging and Resampling All historic core at the Minbrie Project Target Definition Identifying new targets across the Eyre Peninsula Bu
Slide 14: Corporate Overview
ASX: Corporate Overview LML Capital Structure LML $44.1M $1.5M 2,593M ASX Code Market Capitalisation Cash Position Ordinary Shares at $0.017/share 31 December 2025 Experienced Leadership Team Expert Consultants Dr Justin Gum +30 years experience in orogenic gold and magmatic sulphide Shane O’Connell
Slide 15: For further information
ASX: LML For further information Chris Wilcox Chief Executive Officer Lincoln Minerals Limited info@lincolnminerals.com.au 1300 137 116 Kristin Rowe Investor and Media Relations NWR Communications kristin@nwrcommunications.com.au +61 404 88 98 96 info@lincolnminerals.com.au www.lincolnminerals.com.a
Slide 16: Appendix
ASX: LML Appendix 14 Corporate Presentation | February 2026 | lincolnminerals.com.au
Slide 17: Lincoln Minerals Portfolio
ASX: Lincoln Minerals Portfolio LML Identifying opportunities to add value without distracting from copper discovery focus Advanced Exploration • Located in South Australia’s Gawler Craton: Potential for large-scale Copper-Base Metal Discovery Hole1: 29.5m @ 0.8% copper and base metal mineralisation
Slide 18: Eyre Magnetite Project
ASX: Eyre Magnetite Project LML Advanced and Strategically Positioned in South Australia • 100% owned magnetite resource of 1.1Bt @ 25.8 Fe%1 • Lower capital requirements with major infrastructure nearby and within 60km of one active port and two approved but yet-to-be-built ports. • Capable of prod
Slide 19: Kookaburra Graphite Project
ASX: Kookaburra Graphite Project LML Outcropping High-Grade Graphite within an Existing Mining Lease Competitive Advantages: • High-grade graphite at surface within an existing Mining Lease. • Located near key infrastructure on South Australia’s C Eyre Peninsula. • PFS showed the project has a pre-t
Slide 20: Uranium: A Strategic Position in a Leading Province
ASX: Uranium: A Strategic Position in a Leading Province LML Lincoln has multiple highly prospective uranium targets Highlights include: • Jungle Dam: Intersected up to 570 ppm U in scout drilling1; • Yallunda: Historic drill hole KA42 intersected up to 350 ppm U near contact with intrusive granite.
Slide 21: Appendix - Mineral Resources Summary
ASX: Appendix 2 - Mineral Resources Summary LML Eyre Magnetite Project – Mineral Resources Summary Kookaburra Graphite Project Total Mineral Resources3 Mass Deposit JORC Year Classificatio Tonnes Recovery Fe Head SiO2 Head Fe Con SiO2 Con Cut-off Contained Name Status n (Mt) (%) (%) (%) (%) Measured
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