7bfb68f1-41fb-45c0-8631-c6d2f5781e14.pdf
Who we are
Lincoln Minerals Limited is a diversified ASX-listed and South Australian-focused mineral exploration and development company whose critical development and commercialisation milestones over the next 12 months for its primary graphite assets, are set to deliver the transition to maiden mining production. The Company also owns and is advancing a pool of second tier assets in the proven mining jurisdictation of South Australia's Eyre Peninsula across multiple mineral commodities.
Our Mission
To provide capital growth through exploration, discovery, development and mining of sustainable economic mineral deposits. Our strategy is to focus on world-class metallogenic provinces close to established infrastructure.
Highlights and Achievements 2014 - 2015
Mining lease application lodged and being assessed for Kookaburra Gully graphite project Ongoing metallurgical test work points to production of high quality flake graphite Targeting first production - also Lincoln's maiden mining output - in 2016
Proposed mine site close to established infrastructure
New Koppio graphite Mineral Resource doubles total graphite inventory
Foundation partner of new China-based international graphite trading exchange Partnership formed for an international graphene research program with Melbourne's Monash
University and Guangdong University of Technology in China
Market forecasts point to doubling of global graphite demand by 2020
Lincoln Minerals has large strategic tenement holding in world-class graphite province
Key groundwater licence granted for Gum Flat iron ore project on Eyre Peninsula
Total tenement holdings 3,301 square kilometres
Information in this report that relates to exploration activity and results, Mineral Resources and Exploration Targets was compiled by Dr A John Parker who is a Member of the Australasian Institute of Geoscientists. Dr Parker is Managing Director of Lincoln Minerals Limited and has sufficient experience relevant to the styles of mineralisation and to the activities which are being reported to qualify as a Competent Person as defined by the JORC Code, 2012. Dr Parker consents to the release of the information compiled in this report in the form and context in which it appears.
Information extracted from previously published reports identified in this report is available to view on the Company's website www.lincolnminerals.com.au. The Company confirms that it is not aware of any new information or data that materially affects the information included in the original market announcements and, in the case of estimates of Mineral Resources, that all material assumptions and technical parameters underpinning the estimates in the relevant market announcements continue to apply and have not materially changed. The Company confirms that the form and context in which the Competent Person's findings are presented have not been materially modified from the original market announcements.
TABLE OF CONTENTS
1 LINCOLN MINERALS - KEY ASSETS .............................. 2
2 CHAIRMAN'S REPORT...................................................... 5
3 REVIEW OF OPERATIONS................................................ 6
4 KEY BUSINESS DRIVERS ............................................... 10
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EXPLORATION AND DEVELOPMENT - SOUTH AUSTRALIA ............................................................................ 12
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DIRECTORS' REPORT FOR THE YEAR ENDED
30 JUNE 2015 ......................................................................... 28
7 FINANCIAL STATEMENTS 2015 ..................................... 40
8 ASX ADDITIONAL INFORMATION.................................. 64
9 RESOURCES STATEMENT ............................................. 66
CORPORATE DIRECTORY
Directors
Mr Jin Yubo, Chairman
Dr A John Parker, Managing Director Mr Eddie Lung Yiu Pang, Non Executive
Company Secretary
Jaroslaw (Jarek) Kopias
Registered and Principle Office
Suite 4, Level 7, 350 Collins Street Melbourne
Victoria 3000
Phone: (613) 9600 0782
Facsimile: (613) 9600 0783
Email: [email protected] Website: www.lincolnminerals.com.au
Adelaide Office
28 Greenhill Road Wayville
South Australia 5034
Phone: (618) 8274 0243
Share Registry
Computershare Investor Services Pty Ltd Level 5, 115 Grenfell Street
Adelaide SA 5000
Phone 1300 365 998
Banker
National Australia Bank 33 Rundle Street
Kent Town SA 5067
Auditor
KPMG
151 Pirie Street
Adelaide SA 5000
ASX code LML
ABN 50 050 117 023
1 LINCOLN MINERALS - KEY ASSETS
Lincoln Minerals is a major mineral acreage holder on South Australia's Eyre Peninsula, with resources that include world class flake graphite JORC Mineral Resources, substantial magnetite and hematite resources and potential copper targets in a region with a long history of graphite, iron ore and copper mining
Lincoln Minerals is shifting its focus from exploration to production with plans in place for development and mining of graphite at its wholly owned Kookaburra Gully project.
Lincoln Minerals is a foundation shareholder of Qingdao International Graphite Exchange Center and has a Board and management focused on
rapid development and commercialisation of graphite, iron ore and other opportunities.
Mt = million tonnes TGC = Total Graphitic Carbon