Lindian Resources Limited · ASX:LIN

Lindian Resources — Investor Presentation (April 2023)

12 slides from Lindian Resources's investor presentation, Apr 13, 2023

  1. Slide 1: Webinar April 2023 - Kangankunde 'The King' of Rare Earths

    For personal use only Webinar April 2023 Rare KANGANKUNDE Earths “THE KING” of Rare Earths A Tier 1 Rare Earths Asset in the making Bauxite

  2. Slide 2: Disclaimer

    DISCLAIMER The material in this presentation has been prepared by Lindian Resources Limited (“Company”). This presentation may not be reproduced, redistributed or passed on, directly or indirectly, to any other person, or published, in whole or in part, for any purpose without prior written For pers

  3. Slide 3: Corporate Overview

    CORPORATE OVERVIEW Company ASX Code LIN • Tanzanian born Australian entrepreneur Asimwe • The visionary behind the company’s strategy For personal use only Share Price as at 03/04/2023 ~AUD$0.265 Kabunga • Major shareholder Chairman • Commercially astute and strategic investor Ordinary Shares on Iss

  4. Slide 4: Lindian Asset Overview

    LINDIAN ASSET OVERVIEW For personal use only KANGANKUNDE - “THE KING” • World’s most strategically important developing REO project • Short runway to production - project advancing at fast-tracked pace • Destined to be a major supplier of Rare Earths BAUXITE* • 1 Billion tonne of high-quality bauxit

  5. Slide 5: Kangankunde Project Snapshot

    KANGANKUNDE PROJECT SNAPSHOT For personal use only KANGANKUNDE “THE KING” RARE EARTHS PROJECT ➢ Size  Destined to be the world’s largest REO deposit ➢ Tenure  Mining Licence + Environmental Certificate issued ➢ Metallurgy  Simple gravity separation and processing ➢ Environmental  Non-radioactive

  6. Slide 6: Section View: Drill Program

    SECTION VIEW: DRILL PROGRAM For personal use only Central carbonatite (high grade zone) (Area of Resource definition drilling) • Phase 1 Surface drilling to define an Inferred Resource • Phase 3 (in planning only) to upgrade Inferred to Indicated Resource Deep Drill holes to test mineralisation to 8

  7. Slide 7: Metallurgy Preliminary Flowsheet

    METALLURGY PRELIMINARY For personal use only FLOWSHEET Simple gravity separation Spirals Tables Multi-gravity separators Magnetic separation Area 600 & 700 Conceptual Not tested yet ASX: LIN | 7

  8. Slide 8: Metallurgy Testwork

    METALLURGY TESTWORK For personal use only Multi gravity separation Multi Table separation on Waste on –50 micron +50micron Waste Waste Monazite Monazite Monazite ASX: LIN | 8

  9. Slide 9: Kangankunde - Metallurgy

    KANGANKUNDE – METALLURGY For personal use only Concentrate grade 1 Recovery 1 NdPr % 2 Radioactivity 2 Kangankunde 60% 70% 20.4 No Significantly lowers waste Water only gravity separation Adds significant value in Significantly lowers Phase 1 metallurgy results generation in downstream Low operating

  10. Slide 10: Strategic Development Timeline

    STRATEGIC DEVELOPMENT TIMELINE 2022 2023 2024 2025 2026 2027 For personal use only Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 FY FY FY Shareholder approval Resource drilling Resource Drilling Deep Drill Program Assays Results Resource drilling Deep Program Metallurgical Test Work Phase 1 Phase 2 Mineral Resource

  11. Slide 11: Anatomy of a World Leading REO Deposit

    ANATOMY OF A WORLD LEADING REO DEPOSIT For personal use only CATEGORY HURDLE KANGANKUNDE Tonnes of Resources ≥500,000,000 Capable with further drilling success TREO contained ≥10,000,000 tonne Average grade indicates this is possible NdPr Ratio ≥20% Already proven to be ~20.4% Concentrate Recovery ~

  12. Slide 12: Contact

    For personal use only CONTACT Level 24, 108 St Georges Terrace Perth WA 6000 +61 8 6557 8838 www.lindianresources.com.au

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