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Investor Presentaiton

GAOUAL HIGH GRADE 'CONGLOMERATE' PROJECT ⚫The Gaoual Project's Bouba Conglomerate Bauxite Plateau has a high grade tonnage of 83.8 Mt (45% Al2O3 Cut-off) A simple dry screening process reduced SiO2 significantly and increased Al2O3 in the high grade conglomerate samples, with minimal loss of tonnage. • Screening resulted in a product quality of 58.2% Al2O3 and 2.8% SiO2 This demonstrates that the Gaoual product is now the highest quality bauxite in Guinea Premium quality product offers the opportunity for longer trucking distances than other Guinean bauxite ⚫ The Bouba resources is at surface, with minimal overburden and readily mineable LINDIAN RESOURCES LTD. Resources (Mt) Cut-off (Al2O3 %) Grade (Al2O3 %) Grade (SiO2 %) Category High Grade Resource 83.8 >45 51.2 11.0% Indicated Total Resource 101.5 >40 49.8 11.5% Indicated Atlantic Ocean Table 1: Mineral Resource Estimate JORC (2012) - Gaoual Bauxite project 1 Sangarédi Gaoual RPLE X-21mm. Figure 1: Gaoual Project Location Figure 2: Conglomerate bauxite sample - Gaoual project 1 Refer to ASX release dated 15 July 2020 9
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