2% TREO cut-off. ** NdPrO =Nd2O3 + Pr6O11, *** NdPrO% / TREO% x 100 **** Previousy reported PHASE 2 PROGRAM STATUS All results from the Phase 2 program have been received. Table 3: Completed drill hole sampling and assay status at 18th September 2023 Hole Number Reported ALS Geochemistry (Australia) ALS Geochemistry (South Africa) In transit (Malawi to South Africa) At Kangankunde Site KGKRC083 Pre-collar KGKRC083 Core tail KGKDD009 Core hole KGKRCDD074 Entire hole PHASE 3 DRILLING A phase 3 drill program has commenced and is designed as an infill program to define a portion of the current Inferred Resource as Indicated resources for mine development feasibility studies. This ASX announcement was authorised for release by the Board of Lindian Resources Limited. Competent Person's Statement The information in this Report that relates to drilling, sampling, and assay results is based on information compiled by Mr. Alistair Stephens, who is a Fellow of the Australian Institute of Mining and Metallurgy (AusIMM). Mr. Stephens is the Chief Executive Officer of Lindian Resources Limited. Mr. Stephens has sufficient experience relevant to the style of mineralisation and type of deposit under consideration and to the activity being undertaken to qualify as a Competent Person as defined in the 2012 Edition of the 'Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves' (JORC Code). Mr. Stephens consents to the inclusion in this report of the matters based on the information in the form and context in which it appears. Unless otherwise stated, where reference is made to previous releases of exploration results in this announcement, the Company conforms that it is not aware of any new information or data that materially affects the information included in those announcements and all material assumptions and technical parameters underpinning the exploration results included in those announcements continue to apply and have not materially changed. The information in this report that relates to previous Exploration Results was prepared and first disclosed under the JORC Code 2012 and has been properly and extensively cross-referenced in the text to the date of the original announcement to the ASX. The Competent Persons' consents remain in place for subsequent releases by the Company of the same information in the same form and context, until the consents are withdrawn or replaced by a subsequent report and accompanying consent. The Company is not aware of any new information or data that materially affects the information in the ASX announcement of 3 August 2023 originally referencing its resources estimate, and that all material assumptions and technical parameters underpinning the estimates continue to apply and have not materially changed. Forward Looking Statements This announcement may include forward-looking statements, based on Lindian's expectations and beliefs concerning future events. Forward-looking statements are necessarily subject to risks, uncertainties and other factors, many of which are outside the control of Lindian, which could cause actual results to differ materially from such statements. Lindian makes no undertaking to subsequently update or revise the forward-looking statements made in this announcement, to reflect the circumstances or events after the date of the announcement. About Lindian RARE EARTHS Lindian Resources Limited has ownership of Malawian registered Rift Valley Resource Developments Limited that has 100% title to Exploration Licence EPL0514/18R and Mining Licence MML0290/22, supported by an Environmental and Social Impact Assessment Licence No.2:10:16. In August 2023, Lindian released its maiden Mineral Resource Estimate (MRE) for the Kangankunde Rare Earths Project in Malawi of 261 million tonnes averaging 2.19% TREO above a 0.5% TREO, refer ASX announcement of 3 August 2023."/> 2% TREO cut-off. ** NdPrO =Nd2O3 + Pr6O11, *** NdPrO% / TREO% x 100 **** Previousy reported PHASE 2 PROGRAM STATUS All results from the Phase 2 program have been received. Table 3: Completed drill hole sampling and assay status at 18th September 2023 Hole Number Reported ALS Geochemistry (Australia) ALS Geochemistry (South Africa) In transit (Malawi to South Africa) At Kangankunde Site KGKRC083 Pre-collar KGKRC083 Core tail KGKDD009 Core hole KGKRCDD074 Entire hole PHASE 3 DRILLING A phase 3 drill program has commenced and is designed as an infill program to define a portion of the current Inferred Resource as Indicated resources for mine development feasibility studies. This ASX announcement was authorised for release by the Board of Lindian Resources Limited. Competent Person's Statement The information in this Report that relates to drilling, sampling, and assay results is based on information compiled by Mr. Alistair Stephens, who is a Fellow of the Australian Institute of Mining and Metallurgy (AusIMM). Mr. Stephens is the Chief Executive Officer of Lindian Resources Limited. Mr. Stephens has sufficient experience relevant to the style of mineralisation and type of deposit under consideration and to the activity being undertaken to qualify as a Competent Person as defined in the 2012 Edition of the 'Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves' (JORC Code). Mr. Stephens consents to the inclusion in this report of the matters based on the information in the form and context in which it appears. Unless otherwise stated, where reference is made to previous releases of exploration results in this announcement, the Company conforms that it is not aware of any new information or data that materially affects the information included in those announcements and all material assumptions and technical parameters underpinning the exploration results included in those announcements continue to apply and have not materially changed. The information in this report that relates to previous Exploration Results was prepared and first disclosed under the JORC Code 2012 and has been properly and extensively cross-referenced in the text to the date of the original announcement to the ASX. The Competent Persons' consents remain in place for subsequent releases by the Company of the same information in the same form and context, until the consents are withdrawn or replaced by a subsequent report and accompanying consent. The Company is not aware of any new information or data that materially affects the information in the ASX announcement of 3 August 2023 originally referencing its resources estimate, and that all material assumptions and technical parameters underpinning the estimates continue to apply and have not materially changed. Forward Looking Statements This announcement may include forward-looking statements, based on Lindian's expectations and beliefs concerning future events. Forward-looking statements are necessarily subject to risks, uncertainties and other factors, many of which are outside the control of Lindian, which could cause actual results to differ materially from such statements. Lindian makes no undertaking to subsequently update or revise the forward-looking statements made in this announcement, to reflect the circumstances or events after the date of the announcement. About Lindian RARE EARTHS Lindian Resources Limited has ownership of Malawian registered Rift Valley Resource Developments Limited that has 100% title to Exploration Licence EPL0514/18R and Mining Licence MML0290/22, supported by an Environmental and Social Impact Assessment Licence No.2:10:16. In August 2023, Lindian released its maiden Mineral Resource Estimate (MRE) for the Kangankunde Rare Earths Project in Malawi of 261 million tonnes averaging 2.19% TREO above a 0.5% TREO, refer ASX announcement of 3 August 2023."/> 2% TREO cut-off. ** NdPrO =Nd2O3 + Pr6O11, *** NdPrO% / TREO% x 100 **** Previousy reported PHASE 2 PROGRAM STATUS All results from the Phase 2 program have been received. Table 3: Completed drill hole sampling and assay status at 18th September 2023 Hole Number Reported ALS Geochemistry (Australia) ALS Geochemistry (South Africa) In transit (Malawi to South Africa) At Kangankunde Site KGKRC083 Pre-collar KGKRC083 Core tail KGKDD009 Core hole KGKRCDD074 Entire hole PHASE 3 DRILLING A phase 3 drill program has commenced and is designed as an infill program to define a portion of the current Inferred Resource as Indicated resources for mine development feasibility studies. This ASX announcement was authorised for release by the Board of Lindian Resources Limited. Competent Person's Statement The information in this Report that relates to drilling, sampling, and assay results is based on information compiled by Mr. Alistair Stephens, who is a Fellow of the Australian Institute of Mining and Metallurgy (AusIMM). Mr. Stephens is the Chief Executive Officer of Lindian Resources Limited. Mr. Stephens has sufficient experience relevant to the style of mineralisation and type of deposit under consideration and to the activity being undertaken to qualify as a Competent Person as defined in the 2012 Edition of the 'Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves' (JORC Code). Mr. Stephens consents to the inclusion in this report of the matters based on the information in the form and context in which it appears. Unless otherwise stated, where reference is made to previous releases of exploration results in this announcement, the Company conforms that it is not aware of any new information or data that materially affects the information included in those announcements and all material assumptions and technical parameters underpinning the exploration results included in those announcements continue to apply and have not materially changed. The information in this report that relates to previous Exploration Results was prepared and first disclosed under the JORC Code 2012 and has been properly and extensively cross-referenced in the text to the date of the original announcement to the ASX. The Competent Persons' consents remain in place for subsequent releases by the Company of the same information in the same form and context, until the consents are withdrawn or replaced by a subsequent report and accompanying consent. The Company is not aware of any new information or data that materially affects the information in the ASX announcement of 3 August 2023 originally referencing its resources estimate, and that all material assumptions and technical parameters underpinning the estimates continue to apply and have not materially changed. Forward Looking Statements This announcement may include forward-looking statements, based on Lindian's expectations and beliefs concerning future events. Forward-looking statements are necessarily subject to risks, uncertainties and other factors, many of which are outside the control of Lindian, which could cause actual results to differ materially from such statements. Lindian makes no undertaking to subsequently update or revise the forward-looking statements made in this announcement, to reflect the circumstances or events after the date of the announcement. About Lindian RARE EARTHS Lindian Resources Limited has ownership of Malawian registered Rift Valley Resource Developments Limited that has 100% title to Exploration Licence EPL0514/18R and Mining Licence MML0290/22, supported by an Environmental and Social Impact Assessment Licence No.2:10:16. In August 2023, Lindian released its maiden Mineral Resource Estimate (MRE) for the Kangankunde Rare Earths Project in Malawi of 261 million tonnes averaging 2.19% TREO above a 0.5% TREO, refer ASX announcement of 3 August 2023." /> 2% TREO cut-off. ** NdPrO =Nd2O3 + Pr6O11, *** NdPrO% / TREO% x 100 **** Previousy reported PHASE 2 PROGRAM STATUS All results from the Phase 2 program have been received. Table 3: Completed drill hole sampling and assay status at 18th September 2023 Hole Number Reported ALS Geochemistry (Australia) ALS Geochemistry (South Africa) In transit (Malawi to South Africa) At Kangankunde Site KGKRC083 Pre-collar KGKRC083 Core tail KGKDD009 Core hole KGKRCDD074 Entire hole PHASE 3 DRILLING A phase 3 drill program has commenced and is designed as an infill program to define a portion of the current Inferred Resource as Indicated resources for mine development feasibility studies. This ASX announcement was authorised for release by the Board of Lindian Resources Limited. Competent Person's Statement The information in this Report that relates to drilling, sampling, and assay results is based on information compiled by Mr. Alistair Stephens, who is a Fellow of the Australian Institute of Mining and Metallurgy (AusIMM). Mr. Stephens is the Chief Executive Officer of Lindian Resources Limited. Mr. Stephens has sufficient experience relevant to the style of mineralisation and type of deposit under consideration and to the activity being undertaken to qualify as a Competent Person as defined in the 2012 Edition of the 'Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves' (JORC Code). Mr. Stephens consents to the inclusion in this report of the matters based on the information in the form and context in which it appears. Unless otherwise stated, where reference is made to previous releases of exploration results in this announcement, the Company conforms that it is not aware of any new information or data that materially affects the information included in those announcements and all material assumptions and technical parameters underpinning the exploration results included in those announcements continue to apply and have not materially changed. The information in this report that relates to previous Exploration Results was prepared and first disclosed under the JORC Code 2012 and has been properly and extensively cross-referenced in the text to the date of the original announcement to the ASX. The Competent Persons' consents remain in place for subsequent releases by the Company of the same information in the same form and context, until the consents are withdrawn or replaced by a subsequent report and accompanying consent. The Company is not aware of any new information or data that materially affects the information in the ASX announcement of 3 August 2023 originally referencing its resources estimate, and that all material assumptions and technical parameters underpinning the estimates continue to apply and have not materially changed. Forward Looking Statements This announcement may include forward-looking statements, based on Lindian's expectations and beliefs concerning future events. Forward-looking statements are necessarily subject to risks, uncertainties and other factors, many of which are outside the control of Lindian, which could cause actual results to differ materially from such statements. Lindian makes no undertaking to subsequently update or revise the forward-looking statements made in this announcement, to reflect the circumstances or events after the date of the announcement. About Lindian RARE EARTHS Lindian Resources Limited has ownership of Malawian registered Rift Valley Resource Developments Limited that has 100% title to Exploration Licence EPL0514/18R and Mining Licence MML0290/22, supported by an Environmental and Social Impact Assessment Licence No.2:10:16. In August 2023, Lindian released its maiden Mineral Resource Estimate (MRE) for the Kangankunde Rare Earths Project in Malawi of 261 million tonnes averaging 2.19% TREO above a 0.5% TREO, refer ASX announcement of 3 August 2023." />
Sun, 18 May 2025

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