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Investor Presentaiton

LINDIAN RESOURCES LTD. Resources Cut-off Grade Grade Category (Mt) (Al2O3 %) (Al2O3 %) (SiO2 %) High Grade Resources 19.0 >40 41.7 3.2% Inferred Total Resources 64.0 >34 38.7 3.1% Inferred LOW CAPITAL WOULA PROJECT The Woula Bauxite Project is located in NE Guinea, proximal to the coast and existing haul road and the Katougouma river port Resource area is 10km from existing haul road Low capex, early production potential for Direct Shipping Ore ("DSO") Lindian currently defining parameters for scoping study Early test work (by SRK) supports the view that Woula Bauxite is almost entirely Gibbsite. Ideal for refineries utilising the low temperature Bayer process The majority of refineries in China are low temperature and shifting to convert high temperature plants to work at low temperatures Woula Atlantic Ocean Table 1: Mineral Resource Estimate JORC (2012) - Woula Bauxite Project¹ 1 See ASX announcement dated 22 October 2020 ("Lindian signs agreement to acquire 75% of Woula Project") Figure 1: Woula Project Location 11 Sangarédi SMB Batafong Mining Area and existing mining infrastructure Legend Regional Roads Rail Mining Areas Woula Research Permit Woula Mining Areas New Haul Road 10km SMB Haul Road Katougouma River Port Boke Kilometers 2.75 5.5 16.5 22 Figure 2: Proximal to Existing Infrastructure
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