Lincoln Minerals Limited · ASX:LML
Lincoln Minerals — IPO Roadshow (February 2007)
25 slides from Lincoln Minerals's IPO roadshow presentation, Feb 7, 2007
Slide 1: Lincoln Minerals Limited
LINCOLN MINERALS LIMITED ABN 50 050 117 023
Slide 2: Disclaimer
LINCOLN MINERALS LIMITED ! This presentation has been prepared by Lincoln Minerals Limited (“Lincoln Minerals"). The information contained in this presentation is a professional opinion only and is given in good faith. Information in this presentation has been derived from third parties and though L
Slide 3: Focus on Gawler Craton uranium and base metals
LINCOLN MINERALS LIMITED "# $ $ Portfolio of uranium, base metal (lead-zinc-copper-nickel-silver) gold and iron ore projects Focus on %& ' ( Located in established and emerging world class mining belts within the Gawler Craton of South Australia Numerous uranium and base metal occurrences with strat
Slide 4: 23 exploration leases totalling 3,329 km2
LINCOLN MINERALS LIMITED "# $ $ 23 exploration leases or lease applications that total 3,329 km 2 Exclusive rights for uranium, gold, base metals and, in selected areas, iron ore Close to established infrastructure Predominantly freehold land Potential for rapid delineation and development of econom
Slide 5: Offer purpose and objective: JORC resources within 18-24 months
LINCOLN MINERALS LIMITED ! ) !! To invite investors to apply for 35 million shares at 20 cents to raise $7,000,000 To progress the Company’s uranium, base-metal, gold and iron ore projects with the aim of defining economic resources close to existing infrastructure (roads, railways, ports, electrici
Slide 6: Directors and capital structure
LINCOLN MINERALS LIMITED $ $ $ $ Directors Richard V Ryan AO, Chairman (formerly CEO of Henry Walker 1989-2002 & Chair of SA Resources Task Force; current Chancellor of Charles Darwin University) Dr A John Parker, Managing Director (formerly Chief Geologist, SA Geological Survey, & Director, Geosurv
Slide 7: Located in established and emerging world class mining belts
* $ LINCOLN MINERALS LIMITED ( ! Located in established & emerging world class mining belts within the Gawler Craton of South Australia with proven Uranium, copper-lead-zinc, gold-silver & iron ore endowment Numerous uranium occurrences on Eyre Peninsula Major iron ore mines in the Middleback Ranges
Slide 8: Projects focused on uranium
LINCOLN MINERALS LIMITED + $! Project Commodities Cockabidnie Uranium & base metals Mount Hill Uranium & base metals Wilcherry Base metals, gold & uranium Gum Flat Iron ore, base metals & uranium Koppio-Tumby Bay Uranium & base metals Stony Hill Uranium (base metals) Torrens Copper, gold, uranium >5
Slide 9: Palaeochannel-hosted uranium deposits
LINCOLN MINERALS LIMITED # ! Tabular deposits incised into underlying weathered basement rock Known occurrences in Tertiary palaeochannels: Driver River Prospect ~0.19% U3O8 in Quaternary sediment Dutton River (Port Neill) Lake Wangary Extensive drainage (& palaeochannel) system draining off uranife
Slide 10: Uranium in ferruginous laterite
LINCOLN MINERALS LIMITED ! $ Uranium along fractures & joints in ferruginous laterite Detailed high-resolution radiometrics shows good uranium-only anomaly Not yet drilled Proposed program for Year 1: Ground spec Drilling Follow-up in Year 2 with more drilling and airborne radiometrics
Slide 11: Unconformity-related uranium model
LINCOLN MINERALS LIMITED ) $ $ Eg east Alligator River region of NT and Canadian Athabasca Basin – occur either in: faulted or brecciated, carbonaceous metasediments immediately below major Mesoproterozoic unconformities (E Alligator River style); or in the immediately overlying clastic sediments (A
Slide 12: Blue Range Beds equivalents of Kombolgie Formation
LINCOLN MINERALS LIMITED ) $ $ Blue Range Beds are equivalents of the NT Alligator River region Kombolgie Fmn and unconformably overlie sheared and faulted graphitic and sulphide-rich Hutchison Group metasediments at Cockabidnie and Mount Hill
Slide 13: Proposed exploration: unconformity uranium
LINCOLN MINERALS LIMITED , + $ Proposed exploration: Focus on unconformity uranium associated with base of Blue Range Beds + ongoing exploration for gold & base metals in the Campoona Syncline & SW of Sugarloaf Hill. Detailed high-resolution aeromagnetic & radiometric survey scheduled to commence in
Slide 14: Proposed exploration: Blue Range Beds and fault intersection
LINCOLN MINERALS LIMITED ( $- + $ Pancontinental Mining identified a 260ppm U anomaly but never drilled it Proposed exploration: Focus on unconformity uranium associated with base of Blue Range Beds and fault intersection + ongoing exploration for gold & base metals along the Sunny Brae and Mount Hi
Slide 15: Hydrothermal or vein-style uranium
LINCOLN MINERALS LIMITED # ! Hydrothermal or vein-style uranium (+ gold + copper) associated with faults or major shear zones (mylonite) Mylonitic shear zones are extensively developed on eastern Eyre Peninsula Numerous uranium occurrences closely associated with shear zones Primary pitchblende uran
Slide 16: Olympic Dam IOCGU deposit
. LINCOLN MINERALS LIMITED Olympic Dam IOCGU deposit is the world' s largest deposit of uranium Occurs in a large hematite-rich granite breccia complex Uranium at Olympic Dam is low grade, averaging 0.08-0.04% U3 O8 but occurs with copper, gold and silver Volcano-magmatic hydrothermal origin associa
Slide 17: Torrens project in the Olympic Copper-Gold-Uranium Province
LINCOLN MINERALS LIMITED " ! + $ Within the Olympic Copper-Gold- Uranium Province Moderate magnetic depth estimates similar to Punt Hill and Carapateena Inferred basement horst block Proposed gravity survey and deep drillhole in Year 1 Also potential for Mount Gunson style copper mineralisation abov
Slide 18: Historic copper, lead and silver mines
LINCOLN MINERALS LIMITED / ! ( $ ! Numerous historic copper, lead and silver mines and prospects throughout the eastern Cleve Subdomain Mined mid-1850’s to ca. 1920 – small generally high-grade pods of oxide and carbonate ores NB in 1800’s - early 1900’s zinc ore was not processed but high-grade zin
Slide 19: Menninnie Dam mineralisation
LINCOLN MINERALS LIMITED ( 0. $ ( Mineralisation in interleaved marble, calcsilicate and banded iron formation (BIF) horizons of the Palaeoproterozoic Hutchison Group Multiply deformed, high metamorphic grade (~700°C and 7 kbars) High-grade mineralisation similar to many sedimentary exhalative (Sede
Slide 20: Menninnie Dam and Weednanna targets
LINCOLN MINERALS LIMITED 1 # + $ Straddles the boundary of Cleve & Coolanie subdomains NE of Kimba on edge of Lake Gilles Several Au & Pb-Zn mineral occurrences closely associated with this zone High priority Menninnie Dam zinc-lead-silver & Weednanna gold target Proposed program for Year 1: Low-lev
Slide 21: Rifle Range Prospect
LINCOLN MINERALS LIMITED $ + $ Rifle Range Prospect is an iron & base metal target with untested uranium potential Several hematite targets identified Detailed aeromagnetic & radiometric survey has been flown (2006) Uranium targets at Rifle Range & along eastern boundary Proposed program for Year 1:
Slide 22: Source and use of funds
LINCOLN MINERALS LIMITED ! ) )) SOURCE OF FUNDS Year 1 Year 2 Cash reserves, Net funds as at 31 December 2006 $15,800 $4,480,800 irrespective of the final Share issues between 1 January 2007 and the date of $500,000 level of Subscription, to this Prospectus carry out stated Funds raised by the Issue
Slide 23: Recently listed ASX explorers and returns
LINCOLN MINERALS LIMITED 2 $! ASX Name Listed IPO Price Recent Return Code Price Uranium (as at 11 January 2007) FAS Fairstar Resources Ltd 6-Oct-06 $0.25 $1.55 520% IBG Ironbark Gold Ltd 16-Aug-06 $0.20 $1.20 500% ACB A-Cap Resources Ltd 19-May-06 $0.20 $0.76 278% NTU Northern Uranium Ltd 15-Nov-06
Slide 24: Other explorers active in the region
LINCOLN MINERALS LIMITED 2 $! & Uranium SA is exploring for shear-zone style uranium near Tumby Bay, unconformity uranium near Cleve & both shear-zone & sediment-hosted uranium near Whyalla Trafford is mainly exploring for gold, iron ore, & base metals at Weednanna Toro Energy is working with Minota
Slide 25: Offer timetable
LINCOLN MINERALS LIMITED " " Prospectus Lodged with ASIC 30 January 2007 Prospectus Available on Website 31 January 2007 Opening Date of Offer 7 February 2007 Closing Date of Offer 28 February 2007 (or earlier) Allotment of Shares early March 2007 Estimated Date for Quotation mid March 2007 of Share