Lincoln Minerals Limited · ASX:LML

Lincoln Minerals — Investor Presentation (April 2015)

22 slides from Lincoln Minerals's investor presentation, Apr 14, 2015

  1. Slide 1: Kookaburra Gully: An emerging new Australian graphite mine

    For personal use only Kookaburra Gully An emerging new Australian graphite mine LINCOLN MINERALS LIMITED ASX : LML Kookaburra Gully Trench 4 www.lincolnminerals.com.au 12m @ 20.5% graphi=c carbon

  2. Slide 2: Important Notice

    Important NoFce For personal use only This presenta=on has been prepared by Lincoln Minerals Limited (“LML") and Australian Graphite Limited (“AGL”) as an aid to a spoken explana=on. It should not be considered as an offer or invita=on to subscribe for or purchase any securi=es in LML or AGL nor as a

  3. Slide 3: Corporate Snapshot

    Corporate Snapshot • A focused emerging graphite producer For personal use only ASX Code LML with five projects in the Eyre Peninsula – a proven world-­‐class flake graphite province Market CapitalisaFon A$13.4 million Shares on issue 268.4 million • Mining Lease applica=on submiked for flagship Kookab

  4. Slide 4: Investment Case

    Investment Case For personal use only • Focused graphite company with Australia’s highest quality deposit • Flagship assets ideally located in close proximity to necessary infrastructure • Flagship Kookaburra Gully Project • High-­‐grade deposit ranked in the world’s top 10 highest graphite grade re

  5. Slide 5: Graphite Market Fundamentals

    Graphite Market Fundamentals • STRONG GROWTH MARKET For personal use only • US$13.6 billion global market • Growth since 2002 has been approx. 7.5% and forecast to grow 3.7% each year (CAGR) from 2014 un=l 2020 • Expected to reach US$17.56 billion in 2020 • Demand for graphite and graphene projected

  6. Slide 6: Graphite Market Fundamentals: Battery Commercialisation

    Graphite Market Fundamentals • BATTERY COMMERCIALISATION For personal use only • Graphite is a key input in the manufacture of lithium-­‐ion bakeries • Bakeries widely used in electric vehicles, smart phones, portable computer devices and more • Global demand for bakery materials forecast to grow at

  7. Slide 7: Graphite Market Fundamentals: Chinese Graphite Market

    Graphite Market Fundamentals • CHINESE GRAPHITE MARKET For personal use only • Global supply from China =pped to decline due to lower grades, higher opera=ng costs, =ghter environmental controls and as the country moves to consume more of its own graphite • Demand forecast to increase, driven largel

  8. Slide 8: World Class Graphite Assets

    World Class Graphite Assets For personal use only Significant acreage posi=on in the minerals rich Eyre Peninsula in South Australia – ranked 19 as world’s most akrac=ve des=na=on for mining investment by Fraser Ins=tute Lincoln Minerals Limited Emerging Graphite Producer

  9. Slide 9: High-grade and High Quality Graphite Resource

    Kookaburra Gully High-­‐grade and High Quality Graphite Resource For personal use only JORC Mineral Resource: • 2.2 Mt Indicated and Inferred at 15.1% TGC (5% TGC cutoff) • or 3.16 Mt Indicated and Inferred at 11.5% TGC (2% TGC cutoff) Global Resources by Graphite Grade “Kookaburra Gully is within the

  10. Slide 10: Deposit

    Kookaburra Gully Deposit • Iden=fied by Pancon=nental Mining in 1980s For personal use only • Graphite flake length 50-­‐1500 micron 30m @ 20.5% TGC • Up to 40% Total Graphi=c Carbon • Substan=al upside poten=al with deposit located at NE end of 5km long electromagne=c anomaly 31m @ 18.5% TGC • Minera

  11. Slide 11: Robust Mine Plan

    Kookaburra Gully – Robust Mine Plan For personal use only • Small open pit & process plant (cf Uley Graphite Mine) = small environmental footprint • Process 250,000 tonnes per annum (tpa) ore Tumby • Produce up to 40,000tpa of high grade (93-­‐98% Kookaburra Gully Bay TGC) graphite concentrate Reali

  12. Slide 12: Robust Project Economics

    Kookaburra Gully – Robust Project Economics For personal use only Low capital investment less than $50 million and compeEEve cash operaEng costs $350.0$ Project#Cash#Flow#(pre:tax#A$m)# $300.0$ $250.0$ A$#million# $200.0$ $150.0$ A$/US$$rate$0.90$ $100.0$ A$/US$$rate$0.75$ A$/US$$rate$1.00$ $50.0$ A

  13. Slide 13: Conceptual Mine Plan

    Kookaburra Gully Conceptual Mine Plan For personal use only Main components • Open pit mine D OA • Enclosed processing and MC 4372 TAR OR storage sheds Legend L AW ( ! Roundabout • Pit & all infrastructure total PIL Drainage channel approx. Legend105 hectares Natural channel • No major ( gRoundabout

  14. Slide 14: Simple 4-stage on-site processing plant

    Kookaburra Gully Simple 4-­‐stage on-­‐site processing plant For personal use only Lincoln Minerals Limited Emerging Graphite Producer

  15. Slide 15: Pilot processing plant options

    Kookaburra Gully Pilot processing plant opFons For personal use only Detailed metallurgical tests show a high-­‐grade high-­‐quality coarse flake concentrate can be produced with: • Concentrate grades up to 98% TGC • Up to 24% coarse flake (larger than 150 micron) • Acid leach tests have shown that th

  16. Slide 16: Upside potential with world-class assets

    Upside potenFal with world-­‐class assets Project Current Status 2015-­‐16 For personal use only • Indicated & Inferred JORC Mineral • Pilot plant metallurgical studies Resource • Customer and market • 2.2 Mt @ 15.1% TGC development KOOKABURRA GULLY • Scoping studies completed • Obtain ML & approval

  17. Slide 17: Graphite market opportunity with direct exposure

    Graphite market opportunity with direct exposure For personal use only QINGDAO INTERNATIONAL GRAPHITE EXCHANGE CENTRE • Lincoln is a 25% founda=on shareholder in the graphite and graphene trading planorm • Other shareholders include two of China’s foremost graphite producing regions; three major hi-

  18. Slide 18: Production to commence in CY16

    ProducFon to commence in CY16 For personal use only 2015 2016 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Drilling - Kookaburra Gully Extended Expl'n Resource Estimation Mining Lease Application Government Approval Process Mining Lease Drilling - geotechnical Kookaburra Gully Development Pilot Plant Processing Mine & Proc

  19. Slide 19: Summary

    Summary For personal use only • Focused graphite company with Australia’s highest quality deposit • Flagship assets ideally located in close proximity to necessary infrastructure • Flagship Kookaburra Gully Project • High-­‐grade high-­‐quality deposit ranked in the world’s top 10 highest graphite g

  20. Slide 20: Thank You

    subsoil TSF For personal use only WRSF South pit ROM pad WRSF West process plant topsoil THANKYOU Dr. A. John Parker Managing Director LINCOLN MINERALS LIMITED +61 8 8274 0243 jparker@lincolnminerals.com.au Lincoln Minerals Limited Emerging Graphite Producer

  21. Slide 21: Appendix: References

    Appendix For personal use only This presenta=on has been prepared by Lincoln Minerals Limited (“LML") as an aid to a spoken explana=on. The informa=on contained in this presenta=on is based on a number of public statements, Quarterly Reports and ASX releases made by LML: References • Lincoln Mineral

  22. Slide 22: Mineral Resource

    Kookaburra Gully Mineral Resource For personal use only Lincoln Minerals Limited Emerging Graphite Producer

Lincoln Minerals — Investor Presentation (April 2015) on 6ix