Lindian Resources Limited · ASX:LIN
Lindian Resources — Shareholder Meeting (November 2019)
15 slides from Lindian Resources's shareholder meeting presentation, Nov 15, 2019
Slide 1: Guinea's newest Conglomerate Bauxite project
For personal use only Guinea’s newest Conglomerate Bauxite project Lindian Resources ASX: LIN Investor Project Presentation - Q4 2019
Slide 2: Disclaimer
1 For personal use only Disclaimer Forward Looking Statements Some statements in this report regarding estimates or future events are forward looking statements. They include indications of, and guidance on, future earnings, cash flow, costs and financial performance. Forward looking statements incl
Slide 3: Guinea is to bauxite, as the Pilbara is to iron ore
2 For personal use only Guinea is to bauxite, as the Pilbara is to iron ore.
Slide 4: Guinea is already home to one of the world's largest bauxite projects
3 For personal use only Guinea is already home Lindian Resources Gaoual project shares to one of the world’s similar geological characteristics with the massive Sangaredi Conglomerate Bauxite largest bauxite project, deposit. a JV between Nearby infrastructure, approximately 65 km (as the crow flies
Slide 5: A compelling opportunity
4 For personal use only A compelling opportunity • Option to acquire up to 75% of Gaoual Bauxite Project, Guinea West Africa • Gaoual is one of only two known major ‘Conglomerate Bauxite’ occurrences discovered in Guinea, the other being Sangaredi - mined by Compagnie des Bauxites de Guinée (CBG) •
Slide 6: Gaoual Bauxite Project summary
5 For personal use only Gaoual Bauxite Project summary • Key targets within the Gaoual project area have been mapped and sampled by experienced bauxite geologists with two major plateaux defined – Mamaya and Bouba • Bouba Conglomerate Bauxite Plateau: ⚬ 5km2 in size with outcropping very high grade
Slide 7: Located in a world class bauxite province & mining friendly jurisdiction
6 For personal use only Located in a world class bauxite province & mining friendly Jurisdiction THE FUTURE OF GUINEA BAUXITE
Slide 8: Conglomerate Bauxite Background
7 For personal use only Conglomerate Bauxite Background • Typical in-situ bauxite washes and erodes into a valley- in this case a river that ceased to flow • This filling of a valley enables a much deeper profile of bauxite to form • At some point in time the geological triggers for bauxitisation ac
Slide 9: Gaoual ore is visually identical to Sangaredi ore
Gaoual ore is visually identical 8 For personal use only to Sangaredi ore THE FUTURE OF GUINEA BAUXITE
Slide 10: Conglomerate Bauxite V Typical Insitu Bauxite
9 For personal use only Conglomerate Bauxite V Typical Insitu Bauxite • Conglomerate bauxite is visually very distinctive and unique when compared to typical insitu bauxite • Figures 8 and 9 demonstrate how stark the difference really is • It is this distinct visual difference that first alerted the
Slide 11: Drill Program Milestones
10 Drill Program Milestones For personal use only Permitting completed Auger drilling to progress at site October 2019 November 2019 December 2019 December 2019 (H1) (H2) Initial indicative results available Exploration program access works commence Scale of the Conglomerate Bauxite defined THE FUTU
Slide 12: Phase 1 Fast Track Drilling Program Highlights
11 For personal use only Fast Track Program is fast - approximately 2 weeks drill time Phase 1 Low cost - approximately USD$160k Drilling Real time initial indicative results available in December 2019 Program Highlights Scale, grade and depth of Conglomerate Bauxite will be defined Phase 2 drilling
Slide 13: Contact
For personal use only Contact: Managing Director: Shannon Green shannon@lindianresources.com.au +61 400 597 562 © LINDIAN RESOURCES LTD. www.lindianresources.com.au
Slide 14: Appendix 1: Corporate Snapshot
For personal use only Appendix 1: Corporate Snapshot THE FUTURE OF GUINEA BAUXITE
Slide 15: Appendix 2: Transaction Overview
For personal use only Appendix 2: Transaction Overview Agreement to acquire up to 75% of the Gaoual Bauxite Project, Guinea Stage one to earn a 51% interest: • Spend US$1m on the over 24 months to satisfy due diligence requirements • 5,000,000 fully paid ordinary LIN shares (12 months escrow) issued
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