Lindian Resources Limited · ASX:LIN
Lindian Resources — Investor Presentation (May 2012)
39 slides from Lindian Resources's investor presentation, May 31, 2012
Slide 1: Amended Investor Presentation cover letter
For personal use only 31 May 2012 Australian Securities Exchange Exchange Plaza 2 The Esplanade PERTH WA 6000 Dear Sir / Madam Amended Investor Presentation Please find attached an amended version of the Investor Presentation released earlier today to clarify statements made under JORC reporting gui
Slide 2: Building a New Mid Tier Gold Copper Company in the Philippines
For personal use only BUILDING A NEW MID TIER GOLD COPPER COMPANY IN THE PHILIPPINES May 2012
Slide 3: Board and Management
Board and Management For personal use only Board Matthew Wood – Chairman – BSc (Hons – Geology); Graduate certificate in mineral Economics Steven Leithead – Managing Director - B.App.Sc. (Geology) and a Masters of Mineral and Energy Economics Scott Funston – Executive Director and Company Secr
Slide 4: Company Structure
Company Structure For personal use only Ordinary shares: 155,517,160 Listed Options: ($0.08 - expiry 31 December 2014) 131,871,754 Market Cap: (undiluted, $0.195 as at 30 May 2012) $30.3 million Cash: (as at 25 May 2012) $5.23 million Major Shareholders Exchange Listings ASX:LIN, LINOC T
Slide 5: Philippines Projects - Location
Philippines Projects - Location Masapelid – Flagship Project For personal use only Gold and Copper-Gold targets. Salacot (Gold) Historic gold mining centre. +80,000 ounces produced. Exciban (Gold) Historic gold mine. Mined grades >30g/t gold. Abra (Gold) Recent discovery of gold
Slide 6: Masapelid Project Prospects
Masapelid Project – Tenement covers all of Masapelid Island For personal use only Layab Prospect – Low grade copper at Layab Porphyry – Multiple repeating high grade gold veins from surface at Manuel Vein System and Layong Vein. Sabang Prospect – Multiple high grade gold veins cutting through a copp
Slide 7: New Discovery Zone
For personal use only NEW DISCOVERY ZONE Porphyry style copper-silver±gold mineralisation identified. Copper mineralisation from surface with approx. 6 inches of Porphyry core zones (source) not intersected overburden yet. Interlayered high grade copper-silver and gold-silver mineralisation through
Slide 8: Sabang Prospect
Masapelid – Sabang Prospect For personal use only Previously released results include: 433.00 metres from 17.00 metres at 0.73g/t gold, 5.84g/t silver and 0.26% copper. 385.10 metres from 20.00 metres at 0.79g/t gold, 6.54g/t silver and 0.32% copper. 250.30 metres from 14.00 metres at 0.31% copper a
Slide 9: Sabang Prospect
Masapelid – Sabang Prospect For personal use only 222.00 metres from 3.00 metres at 0.40% copper, 1.61g/t silver and 0.15g/t gold. 492.80 metres from 8.00 metres at 0.21% copper, 0.09g/t gold and 1.42g/t silver. SCALE OF MINERALISED SYSTEM APPEARS TO BE VERY LARGE
Slide 10: Sabang Prospect
Masapelid – Sabang Prospect For personal use only Veins at surface. Appears to be multiple high grade epithermal quartz veins cutting through porphyry system.
Slide 11: Sabang Potential
Masapelid – Sabang Potential For personal use only Potential 400 metre wide zone of mineralisation. Strike length potential of 500 metres. Previously released results indicate Aggregate thickness of enriched copper- silver±gold zone;±80 metres. Previously released results indicate High grade gold-si
Slide 12: Layab Prospect
Masapelid – Layab Prospect For personal use only New discovery of porphyry copper style mineralisation at Layab Porphyry Drilling has intersected extensive low grade copper±silver±gold mineralisation
Slide 13: Layab Prospect
Masapelid – Layab Prospect For personal use only Previously announced results include: 2.00 metres from 42.00 metres at 39.31g/t gold and 27.05g/t silver 1.00 metre from 182.00 metres at 12.17g/t gold and 76.80g/t silver 2.00 metres from 125.00 metres at 118.35g/t gold, 105.20g/t silver, 0.86% lead
Slide 14: Layab Prospect
Masapelid – Layab Prospect For personal use only Previously released rock chip and mullock sampling results of the Layong Vein: 283.42g/t gold and 455.30g/t silver 46.48g/t gold and 165.60g/t silver Previously released rock chip and mullock sampling results of the Uyajan Prospect: 173.15g/t gold and
Slide 15: Layab Prospect - New Veins Discovered
Masapelid – Layab Prospect For personal use only NEW VEINS DISCOVERED Small scale miners on the Layab Prospect removed by the local land owners discovered numerous new parallel veins following the release of rock chip assay results
Slide 16: Layab Potential
Masapelid – Layab Potential For personal use only Indicated aggregate strike length: 700 metres. Mineralisation to 200 metres depth with individual vein averaging approximately 2.00 metres in width. Exploration Target of 500,000-1,000,000 tonnes at 13g/t to 17g/t gold plus significant silver credits
Slide 17: Sabang Potential
Masapelid – Sabang Potential For personal use only Previously released results indicate a enriched copper-silver ± gold zone: circa 0.78% copper; 21g/t silver; 0.25g/t gold. Previously released results indicate high grade gold-silver zones: circa 11.00g/t gold; 15.00g/t silver. Exploration Target of
Slide 18: Community Relations
Masapelid – Community Relations For personal use only Lindian has an active community relations programme focusing on employment, skills training and involvement in community sponsored projects.
Slide 19: Community Relations
Masapelid – Community Relations For personal use only Lindian is the major employer and purchaser on the Island.
Slide 20: Plan and Timeline
Plan and Timeline For personal use only Focus on Sabang New Discovery Zone and Layab Prospect. Aim to announce maiden JORC resource 2012. Objective to advance projects to mining studies within 24 months. Expanding drilling programme for 2012. 40,000 meters of RC drilling over the next 4-6 months. Co
Slide 21: For personal use only
For personal use only 50 metres 50 metres
Slide 22: Assay Preparation - Surigao
Assay Preparation - Surigao
Slide 23: Proximity to Other Mines and Projects
Masapelid – Proximity to Other Mines and Projects For personal use only Red 5, Siana Gold Project, approx. 17km Philex Boyongan Gold and Copper Deposit, approx. 15km Manila Mining Corp. Placer Gold-Copper Mine, approx. 6km
Slide 24: Nickel Asia Taganito Mine and Port Facility
For personal use only Nickel Asia – Taganito Mine and Port Facility, approx. 12km
Slide 25: Contact
Contact For personal use only Matthew Wood - Chairman Steven Leithead - Managing Director Website: www.lindianresources.com.au Address: Level 1, 33 Richardson Street West Perth WA 6005 Phone: (08) 9200 4438 Fax: (08) 9200 4469
Slide 26: Disclaimer
Disclaimer For personal use only Forward-looking statements This presentation includes certain “forward-looking statements”. All statements, other than statements of historical fact are forward-looking statements that involve various risks and uncertainties. There can be no assurances that such stat
Slide 27: Figure 2: Masapelid Project
For personal use only Figure 2: Masapelid Project. LINDIAN RESOURCES LIMITED
Slide 28: Figure 3: Sabang Prospect target zones and drill holes
For personal use only Figure 3: Sabang Prospect – showing target zones and drill holes positions. LINDIAN RESOURCES LIMITED
Slide 29: Figure 4: Sabang Prospect Cross Section
For personal use only Figure 4: Sabang Prospect – Cross Section BMS-007a, BMS-007b, BMS-008, BMS-009 and BMS-011. LINDIAN RESOURCES LIMITED
Slide 30: Figure 5: Sabang Prospect Cross Section BMS-010
For personal use only Figure 5: Sabang Prospect – Cross Section BMS-010. LINDIAN RESOURCES LIMITED
Slide 31: Figure 6: Layab Prospect location of Layab Porphyry
For personal use only Figure 6: Layab Prospect – Showing location of Layab Porphyry. LINDIAN RESOURCES LIMITED
Slide 32: Figure 7: Layab Porphyry Section 572150mE
For personal use only Figure 7: Layab Porphyry - Section 572150mE showing drill holes BML-027 and BML-028. LINDIAN RESOURCES LIMITED
Slide 33: Figure 8: MVS Section 571700mE
For personal use only Figure 8: MVS – Section 571700mE showing drill hole BML-026. LINDIAN RESOURCES LIMITED
Slide 34: Figure 9: Layab Prospect Layong Vein and Uyajan Prospect
For personal use only Figure 9: Layab Prospect – Showing location of Layong Vein and Uyajan Prospect. LINDIAN RESOURCES LIMITED
Slide 35: Table 1: Masapelid Drill Hole Summary and Significant Results
Table 1: Masapelid Project – Drill Hole Summary and Significant Results (March Quarter – 2012). Prospect Hole Easting Northing Azimuth Dip Depth From To Interval Gold Silver Copper Lead Zinc Number (metres) (metres) (metres) (metres) (g/t) (g/t) (%) (%) (%) LAYAB For personal use only PROSPECT BML 0
Slide 36: Table 1 continued
Prospect Hole Easting Northing Azimuth Dip Depth From To Interval Gold Silver Copper Lead Zinc Number (metres) (metres) (metres) (metres) (g/t) (g/t) (%) (%) (%) including 122.00 136.00 14.00 1.24 12.94 0.41 which contains 129.00 135.00 6.00 2.37 15.18 0.16 including 164.00 273.00 109.00 0.44 4.86 0
Slide 37: Table 1 continued
Prospect Hole Easting Northing Azimuth Dip Depth From To Interval Gold Silver Copper Lead Zinc Number (metres) (metres) (metres) (metres) (g/t) (g/t) (%) (%) (%) includes an interval including 149.00 158.00 9.00 0.62 8.98 0.32 which For personal use only contains 153.00 154.00 1.00 2.63 11.11 0.38 w
Slide 38: Table 1 continued
Prospect Hole Easting Northing Azimuth Dip Depth From To Interval Gold Silver Copper Lead Zinc Number (metres) (metres) (metres) (metres) (g/t) (g/t) (%) (%) (%) which contains 380.00 383.00 3.00 4.01 8.30 0.52 which contains 384.00 389.00 5.00 1.04 1.78 0.20 For personal use only including 394.00 3
Slide 39: Table 2: Rock Chip Assay Results Layong Vein and Uyajan
Table 2: Masapelid Project – Rock Chip Assay Results For Layong Vein and Uyaian Prospect Prospect Northing Easting Description Gold Silver Copper Zinc Lead (Latitude) (Longitude) g/t g/t % % % For personal use only Layong Vein 9.70282 125.65053 Grandcop Shaft mullock 283.42 455.30 1.33 0.58 0.34 Lay