Lincoln Minerals Limited · ASX:LML
Lincoln Minerals — Shareholder Meeting (November 2008)
18 slides from Lincoln Minerals's shareholder meeting presentation, Nov 27, 2008
Slide 1: Annual General Meeting
For personal use only Annual General Meeting Iron Ore, Uranium Nickel-Cobalt, Base Metals & Gold 27 November 2008
Slide 2: 2008 Highlights
For personal use only 2008 Highlights Broad & successful exploration focus progressing to scoping studies • Iron ore at Gum Flat • Nickel-cobalt at Cockabidnie • Uranium at Wilcherry Strong support from Indian metals and iron ore mining group Mineral Enterprises Limited Has boosted its Lincoln Miner
Slide 3: Disclaimer
LINCOLN MINERALS LIMITED Disclaimer 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. The presentation is for the i
Slide 4: Lincoln Minerals Limited corporate snapshot
LINCOLN MINERALS LIMITED LINCOLN MINERALS LIMITED For personal use only # Listed on ASX 9 March 2007 after raising $7 million by public subscription a # 75,372,221 Shares + 35,776,854 listed Options + 9,313,332 unlisted Options # Market capitalisation (Nov 2008 @ 11 cents/share) $8.3 million a # Cas
Slide 5: Ongoing Support from Mineral Enterprises Limited
LINCOLN MINERALS LIMITED Ongoing Support from Mineral Enterprises Limited For personal use only # Based in Bangalore, India with iron ore operations in southern India # An iron ore and manganese miner and exporter for more than 40 years # Regarded as one of India’s most progressive and scientific mi
Slide 6: Gawler Craton Core Projects
LINCOLN MINERALS LIMITED Gawler Craton Core Projects For personal use only Iron Ore # Gum Flat, Wanilla JV & Cummins Nickel-Cobalt # Cockabidnie & Tumby Bay Uranium # Wilcherry, Mount Hill, Cockabidnie, Carinya, Kimba Gap & Tumby Bay Copper, Gold & Base Metals # Torrens & Cockabidnie Since listing L
Slide 7: Why Iron Ore?
LINCOLN MINERALS LIMITED Iron Ore For personal use only Why Iron Ore? # Eyre Peninsula is a major iron ore province – the original centre of iron ore production in Australia before the Pilbara # OneSteel’s Middleback Range mines (formerly operated by BHP) have produced >200 Mt high grade hematite ir
Slide 8: For personal use only
For personal use only Being close to Port Lincoln (or the proposed deep water port at Sheep Hill) gives Lincoln Minerals a long- term competitive advantage with respect to transport/operating costs
Slide 9: Gum Flat Iron Ore Project
LINCOLN MINERALS LIMITED Gum Flat Iron Ore Project EL 3422 For personal use only # Several shallow hematite & magnetite iron ore targets within 20km of Port Lincoln # LML drilling has intersected hematite BIF with up to 56.6% Fe + high grade magnetite BIF with up to 40.6% magnetite concentrate gradi
Slide 10: Gum Flat Iron Ore Project: Barns Prospect
LINCOLN MINERALS LIMITED Gum Flat Iron Ore Project EL 3422 For personal use only Barns Prospect # Drilling in progress 50m # Shallow dipping # Ca. 120m thick calcarenite sequence of interbanded BIF and calc-silicate hematite BIF gneiss # Variable Fe content # Hematite down to ca. 60m depth then magn
Slide 11: Cummins-Wanilla Project
Iron Ore Cummins-Wanilla Project LINCOLN MINERALS LIMITED For personal use only Wanilla JV # JV with InterMet Resources to earn 80% by spending $2 million on exploration (all minerals except uranium) # Mineral Enterprises Australia to contribute 50% funding to earn 40% interest Wanilla & Cummins # E
Slide 12: Cockabidnie Project: Campoona Nickel-Cobalt Discovery
LINCOLN MINERALS LIMITED Cockabidnie Project Campoona Nickel-Cobalt Discovery Following discovery in Sept 2007, drilling in April For personal use only # 2008 has defined AN EXCITING NEW LATERITIC NICKEL-COBALT PROSPECT (up to 1.15% Ni & 0.33% Co) # Including 30m @ 0.8% Ni equivalent (Ni + 5*Co) # +
Slide 13: Wilcherry Uranium Prospect
LINCOLN MINERALS LIMITED Wilcherry Uranium For personal use only Prospect # 2007-08 drilling intersected up to 0.06% uranium with massive sulphide, graphite & base metals up to 0.5% copper # Mineralisation continuous over >200m strike length # Uranium anomalism in red mallee & blue bush extends for
Slide 14: Wilcherry Uranium Prospect
LINCOLN MINERALS LIMITED Wilcherry Uranium Prospect For personal use only
Slide 15: Wilcherry Uranium Prospect
LINCOLN MINERALS LIMITED Wilcherry Uranium Prospect calcrete & ferricrete For personal use only 20m saprolite 40m weathered basement 60m 60ppm U 80m sulphide-rich gneiss 100m WCAC035 (0-117m) WCAC035 Cu+Pb+ Zn+Ni+ From To Interval Ca % Fe % S% U ppm Co % 56 64 8m 0.03 0.51 0.33 60 0.13 59 60 1m 0.03
Slide 16: Wilcherry Uranium Prospect
LINCOLN MINERALS LIMITED Wilcherry Uranium Prospect 50m For personal use only Q-T cover saprolite quartzite sulphide-rich gneiss gneiss Cu+Pb+Zn+ DH_ID From To Interval Ca % Fe % S% U ppm Ni+Co % WCAC024 72 88 16 0.18 5.64 351 0.14 incl. 72 76 4 0.06 2.41 522 0.11 WCRC008 55 70 15 0.04 0.94 0.74 178
Slide 17: Torrens Project
LINCOLN MINERALS LIMITED For personal use only Torrens Project # Within Olympic Dam iron oxide copper-gold- uranium (IOCGU) Province # Awarded a 2008 SA Govt PACE grant (Plan for Accelerating Exploration) – up to $100,000 for drilling # Moderate magnetic depth estimates implied shallow magnetic base
Slide 18: Summary
Summary For personal use only Maintaining an active exploration program combined with scoping studies to consolidate opportunities for development of the Company’s Iron Ore – Uranium – Nickel-Cobalt prospects on Eyre Peninsula Strong ongoing support from Indian metals and iron-ore mining group Miner
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