Lindian Resources Limited · ASX:LIN
Lindian Resources — Shareholder Meeting (November 2022)
25 slides from Lindian Resources's shareholder meeting presentation, Nov 28, 2022
Slide 1: AGM Presentation – Rare Earths | Bauxite
AGM For personal use only Presentation RARE EARTHS | BAUXITE 28 NOVEMBER 2022 | ASX:LIN
Slide 2: Disclaimer
DISCLAIMER The material in this presentation has been prepared by Lindian Resources Limited (“Company”). For personal use only 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
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 28/11/22 AUD$0.24 Kabunga • Major shareholder Chairman • Commercially astute and strategic investor Ordinary Shares on Issue ~
Slide 4: Asset Snapshot
ASSET SNAPSHOT For personal use only RARE EARTHS • Kangankunde : “THE KING” : A TIER 1 Rare Earths project in the making • Close to power, road, rail to port, and water • Short runway to be a major supplier of mineral concentrate BAUXITE • Lindian has over 1 Billion tonnes of high-quality bauxite re
Slide 5: The Assets are Logical to the EV Market
The Assets are Logical to the EV Market Rare Earth Magnets in EV’s Aluminum is strong and light for maximum efficiency For personal use only The average hybrid or electric vehicle use between 2 and 5 kilos of rare earth magnets. Rare earth magnets feature in: LEATHER Leather is derived from animal s
Slide 6: Kangankunde “The King”
KANGANKUNDE “THE KING” For personal use only A major resource in potential, size, grade and quality A carbonatite with Rare Earth Oxide (REO) up to 23.7%1 Well understood asset & significant historical work Metallurgy; simple gravity separation of monazite Close to established infrastructure = road,
Slide 7: Kangankunde: Licences
KANGANKUNDE : LICENCES For personal use only Environmental Exploration Mining ASX: LIN | 7
Slide 8: Kangankunde Mineralisation and Geology
KANGANKUNDE Mineralisation and Geology For personal use only Coarse monazite mineral averaging ~15% in outcrop 2 • A carbonate intrusive that rises to 200m – Mineralisation present in an area of 650m x 450m1 • A central zone of carbonatite with concentric zones of REO bearing carbonatite-host rock b
Slide 9: Promising results from Drill Program thus far
Promising results from Drill Program thus far For personal use only Large monazite mineral in drill core. Yellow marker 38.61m down hole Extensive pale green monazite seen in drill core. Yellow marker is A rough exposure of drill core demonstrates the extent of pale green monazite 77.61m down hole.
Slide 10: Geological Interpretation (Plan & Section)
Geological Interpretation (Plan & Section) Phase I drill holes to 300m Drill holes For personal use only (red) Completed Phase 2 drill holes (purple) Phase 2 drill holes to 1,000m (purple) RC 08 RC 10 RC 08 RC 01 RC 03 RC 01 RC 02 RC 02 RC 03 RC 04 RC 04 RC 06 DD 01 RC 06 RC 05 RC 07 RC 09 RC 10 Pha
Slide 11: Drill hole information
Drill hole information • As of 26 November 2022, a total of 1,801 metres has been drilled (1,602m of RC + 179m of core) . For personal use only • The Phase 1 drill program consists of 12,500 metres; 10,000 metres of RC and 2,500 metres of core drilling. • Designed to test geometry and tenor of miner
Slide 12: Drill rigs on site
Drill rigs on site As of 26 November 2022, there are 3 drill rigs on site. For personal use only A fourth rig (second coring rig) is due to arrive shortly. Track mounted rigs allow for easy mobility around site and in event the weather/ground conditions are poor ASX: LIN | 12
Slide 13: Kangankunde = Low Radiation
KANGANKUNDE = LOW RADIATION Initial sample results demonstrate low radiation; less than a person is exposed to every day For personal use only Thorium Grade 28ppm Uranium Grade 2ppm Radiation dose 0.28µSv Refer ASX release 13 October 2022 * Australian Drinking water Guideline issued by APANSA refere
Slide 14: Malawi Vision for Mining Investment
MALAWI VISION FOR MINING INVESTMENT • Malawi is part of the British Commonwealth – For personal use only Westminster system of parliament • Standard taxation regime : 30% tax & 5% mineral royalty • 10% Government option of free equity in mining projects if large scale 1 and 0.45% community royalty •
Slide 15: Strong Community & Government Support
STRONG COMMUNITY & GOVERNMENT SUPPORT For personal use only Building Community Relations • Lindian has built strong community support for the Kangankunde Rare Earths Project Left to right: The Lindian local community at site and CEO Alistair Stephens pictured with Village Chief Makolela • Communicat
Slide 16: Kangankunde: Multiple near-term value drivers
KANGANKUNDE Multiple near-term value drivers For personal use only • Drilling, Metallurgical • Inferred mineral resource • Mineral Resource Estimate sampling, Initial assay estimate? (target) results Q4 2022 Q2 2023 Q4 2023 Q1 2023 Q3 2023 2024 • Drilling to continue • Small Scale plant build • Demo
Slide 17: Guinea: 1B Tonnes of Bauxite Resources
GUINEA: 1B TONNES of BAUXITE RESOURCES For personal use only Gaoual Project 101.5MT –upgradable from 49.8% to ~59% Al203 & 2.1% Si02 Lelouma Project 900MT ~45% Al203 & 2.1% Si02 Woula Project 19MT ~41.7% Al203 & 3.2% Si02 Simple screening and bulk handling processes Located close to established logi
Slide 18: Guinea: Increased Export Capacity
GUINEA: INCREASED EXPORT CAPACITY Lelouma Guinea Bauxite Supply For personal use only • Lindian’s bauxite projects have Gaoual Woula a combined 1BT JORC resource • Guinea export capacity has increased by 500% from approx. 20Mt per year in 2015 to over 100Mt per year in 2021 • Guinea bauxite producti
Slide 19: Gaoual: Short Term Strategy
GAOUAL : SHORT TERM STRATEGY For personal use only Very high-grade, low silica (screening studies), close to infrastructure located approximately 60km to CBG railhead. Refer Competent Person Statement ASX: LIN | 19
Slide 20: Gaoual: Short Term Strategy
GAOUAL : SHORT TERM STRATEGY For personal use only MARKETABLE PRODUCT: From screening studies, the sample specifications for marketable and saleable product, are listed below: Digestion Results Refer Competent Person Statement ASX: LIN | 20
Slide 21: Lelouma: Medium Term Strategy
LELOUMA : MEDIUM TERM STRATEGY For personal use only Large Resource, High grade, Low silica Refer Competent Person Statement ASX: LIN | 21
Slide 22: Woula: Long Term Strategy
WOULA : LONG TERM STRATEGY For personal use only Supplementary feed asset close to infrastructure Refer Competent Person Statement ASX: LIN | 22
Slide 23: Positioned to be at the forefront of the Green Revolution
Lindian: Positioned to be at the forefront of the Green Revolution For personal use only MALAWI - KANGANKUNDE RARE EARTHS “THE KING” ➢ The world’s best undeveloped rare earths deposit ➢ Large scale, reliable, long-term, asset with a low environmental footprint ➢ Close to power, road, rail to port, a
Slide 24: Contact
For personal use only CONTACT Level 24, 108 St Georges Terrace Perth WA 6000 +61 8 6557 8838 A Growth Company www.lindianresources.com.au
Slide 25: Competent Persons Statement + Cautionary Statement
COMPETENT PERSONS STATEMENT + CAUTIONARY STATEMENT Kangankunde Rare Earths Project For personal use only The information in this presentation that relates to exploration results for the Kangankunde Project in Malawi are extracted from announcements published on ASX on 1 August 2022, 13 October 2022,
Lindian Resources — Shareholder Meeting (November 2022) on 6ix