Lincoln Minerals Limited · ASX:LML
Lincoln Minerals — Investor Presentation (January 2008)
18 slides from Lincoln Minerals's investor presentation, Jan 10, 2008
Slide 1: Maximising opportunities in the southern Gawler Craton
For personal use only Maximising opportunities in the southern Gawler Craton Iron Ore, Nickel, Uranium Base Metals & Gold 7 January 2008
Slide 2: Disclaimer
LINCOLN MINERALS LIMITED For personal use only This presentation has been prepared by Lincoln Minerals Limited (“LML") as an aid to a spoken explanation. The information contained in this presentation is a professional opinion only and is given in good faith. The presentation is for the information
Slide 3: Lincoln Minerals corporate snapshot
LINCOLN MINERALS LIMITED Prospectus Lodged with ASIC 30 January 2007 (35 million shares @ 20 cents to raise $7,000,000) For personal use only Offer closed early oversubscribed – listed on ASX 9 March 2007 Bonus Options issued: 1 for 2 Shares held on 9 June 2007 JV signed with Mineral Enterprises Aus
Slide 4: Gawler Craton projects and tenements
LINCOLN MINERALS LIMITED Gawler Craton For personal use only Iron Ore Gum Flat & Cummins Nickel Cockabidnie & Tumby Bay Uranium Wilcherry, Mount Hill, Cockabidnie, Carinya, Kimba Gap & Tumby Bay Olympic Domain IOCGU Torrens Established world class mining belts in the Gawler Craton in South Australia
Slide 5: Eyre Peninsula is a major iron ore province
LINCOLN MINERALS LIMITED For personal use only Eyre Peninsula is a major iron ore province OneSteel’s Middleback Range mines (formerly operated by BHP) have produced >200 Mt high grade hematite iron ore since ca. 1900 – currently mining both high grade hematite & magnetite Lincoln Minerals’ Gum Flat
Slide 6: Gum Flat iron ore project
LINCOLN MINERALS LIMITED For personal use only Several shallow hematite & magnetite iron ore targets Within 20km of Port Lincoln Joint Venture with Mineral Enterprises Australia & Mineral Enterprises Limited (Bangalore, India) Phase 1 drilling intersected hematite BIF with up to 56.6% Fe: H9: 33m he
Slide 7: Mineral Enterprises joint venture
LINCOLN MINERALS LIMITED !" For personal use only $3.5 million exploration and investment agreement with Bangalore-based Mineral Enterprises Limited & its subsidiary Mineral Enterprises Australia 3,500,000 fully paid ordinary shares @ 30 cents per share raising $1,050,000 Subject to certain conditio
Slide 8: Gum Flat exploration target
LINCOLN MINERALS LIMITED Conceptual exploration target for For personal use only magnetite & hematite BIF iron ore 200- 400 Mt** at 30-40% Fe Fe assays Conceptual model magnetic susceptibility log aeromagnetic profile Geophysical model: • Shallow dip 10-200 W • Depth to top of magnetite 30-50m • Dow
Slide 9: Wilcherry uranium project
LINCOLN MINERALS LIMITED # $ % & # For personal use only Initial focus on unconformity uranium at base of Blue Range Beds + ongoing exploration for gold & base metals in basement rocks High-resolution magnetic & radiometric survey completed February 2007 Surface calcrete sampling completed in July 2
Slide 10: Cockabidnie nickel drill results
LINCOLN MINERALS LIMITED % & # For personal use only .# / 0% / HoleID From To Interval m Ni % Co % Cu % CBAC007 21 27 6 0.42 0.06 0.02 CBAC012 15 18 3 0.32 0.03 0.01 CBAC042 27 50 23 0.14 0.01 0.02 CBAC044 24 72 48 0.23 0.01 0.02 including 24 28 4 0.68 0.05 0.03 28 32 4 0.50 0.03 0.03 28 40 12 0.34
Slide 11: Selected nickel laterite resources
LINCOLN MINERALS LIMITED For personal use only % & # No assays Selected Nickel Laterite Resources 3 2.5 Ni grade (%) 2 1.5 1 0.5 % 0 0 100 200 300 400 500 Million Tonnes
Slide 12: Cockabidnie base metal and gold results
LINCOLN MINERALS LIMITED # $ For personal use only HoleIDFrom To Interval Pb+Zn Au g/t Ag g/t m % CBAC028 68 86 18 0.82 2.25 82 86 4 1.50 1.49 CBAC029 35 36 1 0.05 0.26 26.0 CBAC029 62 80 18 0.82 2.17 74 76 2 2.39 0.02 3.34 CBAC030 42 64 12 0.77 3.68 Up to 81ppm U (CBAC002) Up to 0.25% Co + 0.26% Cu
Slide 13: Mount Hill Project
M o u nt H il l P ro je ct LINCOLN MINERALS LIMITED 1 2 Cum mins Tumby For personal use only Bay Focus on unconformity uranium at base of Blue Range Beds Port Lincoln + ongoing exploration for gold & base metals in basement rocks High-resolution magnetic & radiometric survey completed February 2007
Slide 14: Wilcherry drill results
LINCOLN MINERALS LIMITED * ! / For personal use only 3 HoleID From To Interval U ppm Zn+Pb+Cu+Ni+ m Co ppm WCAC004 52 72 20 128 406 including 52 56 4 260 694 WCAC024 72 88 16 176 694 including 72 76 4 522 1073 Several Au & Pb-Zn mineral occurrences High priority Menninnie Dam & Weednanna style zinc-
Slide 15: Olympic Domain IOCGU target
LINCOLN MINERALS LIMITED For personal use only ) Within the Olympic Copper-Gold-Uranium Province Moderate magnetic depth estimates similar to or even shallower than Punt Hill and Carapateena Inferred basement horst block Gravity survey completed in December Drilling to commence early 2008 Also poten
Slide 16: Other explorers in the region
LINCOLN MINERALS LIMITED & / $ For personal use only Uranium SA - shear-zone, palaeochannel & unconformity uranium targets - discovered low-grade sediment-hosted uranium near Whyalla Centrex Metals - iron ore targets throughout eastern Eyre Peninsula & developing a hematite mine at Wilgerup Adelaide
Slide 17: Selected Australian iron ore companies by market cap
LINCOLN MINERALS LIMITED % 4 1 # % For personal use only 100,000.0 OneSteel Western 5,346 10,000.0 Plains Grange 96 Resources Market Cap 1,000.0 Centrex 308 Ironclad Lincoln 89 100.0 49 23 10.0 1.0 M M FE M W M G T E K AQ X DA R IR RR AD H CX L S M S X VR R H PG BG L L L N Y O O Y A FM S PO LM M FW
Slide 18: Maximising opportunities in the southern Gawler Craton
For personal use only Maximising opportunities in the southern Gawler Craton Portfolio of quality projects in a highly prospective and world class mineral province close to established infrastructure at a time when there is unprecedented demand for iron ore, nickel, copper, zinc, lead, gold and uran
Lincoln Minerals — Investor Presentation (January 2008) on 6ix