Lincoln Minerals Limited · ASX:LML
Lincoln Minerals — SA Mining and Energy Infrastructure Conference 2011
12 slides from Lincoln Minerals's conference presentation, Apr 12, 2011
Slide 1: Pit to Port Infrastructure in SA: An Explorer's Perspective
For personal use only Pit to Port Infrastructure in SA An Explorer’s Perspective Dr A. John Parker Managing Director SA Mining and Energy Infrastructure Conference 2011 12-13 April 2011
Slide 2: Disclaimer & Competent Person's Statement
LINCOLN MINERALS LIMITED Disclaimer & Competent Person’s Statement This presentation has been prepared by Lincoln Minerals Limited (“LML") as an aid to a spoken For personal use only explanation. The information contained in this presentation is a professional opinion only and is given in good faith
Slide 3: Lincoln Minerals Limited
LINCOLN MINERALS LIMITED Listed on ASX March 2007 Market capitalisation (April 2011 @ 15 cents/share) $20.1 million For personal use only Cash on hand March 2011 $2.9 million Offices in Adelaide and Port Lincoln – total 10 staff Significant assets (South Australia): Gum Flat Iron Ore E
Slide 4: Gawler Craton Iron Ore Potential
LINCOLN MINERALS LIMITED Gawler Craton For personal use only Iron Ore Potential Eastern Eyre Peninsula • Historically one of world’s major iron ore provinces • Middleback Ranges – over 240 Mt of high-grade lump hematite mined over past 100 years (BHP & OneSteel Ltd) • Potentially more than10 billion
Slide 5: Port Options
LINCOLN MINERALS LIMITED Port Options For personal use only In South Australia there are no ports capable of handling Cape-size ships (180,000+ tonnes) Port Lincoln: • Best port in SA • 15m draft & can load to ~100,000 tonnes • Proclaimed Port • Only 15% utilised • Road & rail access Port Bonython &
Slide 6: Barns Prospect
LINCOLN MINERALS LIMITED Gum Flat Iron Ore Barns Prospect For personal use only Located in scrub land 20km from Port Lincoln (or 100km from proposed new Sheep Hill deep sea bulk commodities port) 103+ million tonne (Mt) iron ore resource including: Barns Indicated Hematite-Goethite Resource: 1
Slide 7: Scoping Study Development Options
Gum Flat Iron Ore Scoping Study LINCOLN MINERALS LIMITED Development Options Stage 1 – Hematite For personal use only Mine & export 0.5 million tonnes per annum (Mtpa) DSO (55% Fe) from Port Lincoln Stage 2 – Magnetite Mine 10 Mtpa magnetite ore and process onsite to produce 2 Mtpa high grad
Slide 8: Conceptual Stage Option – Hematite DSO
LINCOLN MINERALS LIMITED Gum Flat Iron Ore Conceptual Stage 1 Option – Hematite DSO For personal use only Mine & export 0.5 Mtpa DSO hematite-goethite (~55% Fe) from Port Lincoln Road transport to Port Lincoln via B-Doubles or Road Trains (covered) – 3 trucks/hour, 12 hours a day, 5.5 days/week
Slide 9: Conceptual Stage Ship Loading Options
Gum Flat Iron Ore LINCOLN MINERALS LIMITED Conceptual Stage 1 Ship Loading Options Ore containers on road train, Esperance Port Lincoln Wharf For personal use only Option A: construct a 70,000 tonne negatively pressurised storage shed in the wharf area at Port Lincoln & connect to third party convey
Slide 10: Opex & Capex
LINCOLN MINERALS LIMITED Gum Flat Iron Ore Opex & Capex For personal use only Stage 1 Stage 2 Hematite DSO High Grade Magnetite Concentrate (67% Fe) Production 0.5 Mtpa 2 Mtpa concentrate Concentrate 55% Fe 67% Fe Grade Slurry Pipeline to Transport Road to PL Road to PL Rail to PL PL Overburden A$23
Slide 11: Gum Flat Development Timeline
LINCOLN MINERALS LIMITED Gum Flat Development Timeline 2010 2011 2012 2013 2014 For personal use only Stage 1 Drilling & Resource Barns DSO Baseline Evaluation Studies Mining Lease Application MARP Groundwater Approvals Remove Overburden Mine & Export DSO Hematite Pt Lincoln Community Development Bu
Slide 12: Summary
LINCOLN MINERALS LIMITED Summary Lincoln Minerals focussing on development of initial hematite-goethite DSO mine at Gum Flat within 2 years ** For personal use only Gum Flat is less than 20km from Port Lincoln Potential to be a low operating cost DSO operation (<$40 per tonne) with relatively low ca
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