Lincoln Minerals Limited · ASX:LML
Lincoln Minerals — Investor Presentation (April 2026)
21 slides from Lincoln Minerals's investor presentation, Apr 21, 2026
Slide 1: ASX Announcement: Investor Presentation
ASX Announcement 21 April 2026 Investor Presentation Lincoln Minerals Limited (‘the Company’) (ASX:LML) is pleased to enclose a copy of the Company’s updated Investor Presentation. Approved for release by the Board of Lincoln Minerals Limited. For further information, please contact: Chris Wilcox Kr
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
ASX: LML C Discovery Focused Copper Company Investor Presentation April 2026 Lincoln Minerals Limited 1 Investor Presentation | April 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, lead, zinc, on testing the Minbrie Project and silver at the Minbrie Project has reinvigorated exploration on the Eyre Peninsula. Large Eyre Peninsula tenement holding Management team has a proven track underexp
Slide 6: 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 7: Lincoln Minerals Portfolio
ASX: Lincoln Minerals Portfolio LML Advanced Exploration • Located in South Australia’s Gawler Craton: Potential for large-scale Copper-Base Metal copper and base metal mineralisation. Copper Projects Discovery Hole1: 29.5m @ 0.8% Minbrie Project Cu, 7.5% Pb, 1.9% Zn, 9 g/t Ag • 17km of stratigraphy
Slide 8: Work completed over the last 15 months
ASX: Work completed over the last 15 months LML Identification of a discovery type intersection 29.5m @ 0.8% copper (Cu), 7.5% lead (Pb), 1.9% zinc (Zn), 9 g/t silver (Ag) from 131.1m1 (apparent width) Relogging and resampling of historic drill core Approx. 30% of Centrex’s iron ore focussed diamond
Slide 9: Minbrie Project
ASX: Minbrie Project LML Review of historic data reveals a discovery-type intercept Relogging and reassaying of Centrex’s iron ore holes at Eagle Ridge has identified copper-base metals over 7km of strike2 29.5m @ 0.8% copper (Cu), 7.5% lead (Pb), 1.9% zinc (Zn), 9 g/t silver (Ag) from 131.1m1 (BUDD
Slide 10: Eagle Ridge Discovery
ASX: Eagle Ridge Discovery LML Detailed review shows that the Eagle Ridge intercept 1.7km of target stratigraphy immediately along was not effectively followed up. strike from the discovery hole has not been drilled.3 1 LML: ASX 2 February 2026, “Lincoln identifies historic high-grade copper targets
Slide 11: 17km of Target Stratigraphy at Minbrie Remains Largely Untested
ASX: 17km of Target Stratigraphy at Minbrie Remains Largely Untested1 LML During May and June, a minimum of 40 air core The program is designed to identify multiple targets holes will be drilled on existing tracks to test along the 17km strike and evaluate the scale potential prospective stratigraph
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 Historic high-grade rock chip samples demonstrate the potential for Minbrie-style co
Slide 13: Lincoln is identifying copper discovery assets that satisfy key selection criteria
ASX: Lincoln is identifying copper discovery assets that satisfy key selection criteria LML Prospectivity Known Australian copper belt with potential for further discoveries Opportunity Scale Sufficient target strike for a significant discovery Proximity to Infrastructure Key infrastructure sufficie
Slide 14: Upcoming Activity and News Flow
ASX: Upcoming Activity and News Flow LML Minbrie Air Core Drilling Wide-spaced air core on existing tracks to commence in May/June with results expected 4 weeks after completion Relogging and Resampling Review of all historic core at Minbrie to commence after air core drilling program Minbrie Follow
Slide 15: Corporate Overview
ASX: Corporate Overview LML Capital Structure LML $36.5M $1.1M 2,605M ASX Code Market Capitalisation Cash Position Ordinary Shares at $0.014/share 31 March 2026 Experienced Leadership Team Expert Consultants Dr Justin Gum +30 years experience in orogenic gold and magmatic sulphide Shane O’Connell Gr
Slide 16: 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 17: Appendix
ASX: LML Appendix 15 Investor Presentation | April 2026 | lincolnminerals.com.au
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 pr
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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