Who is Jonathon Trewartha? CEO of Lincoln Minerals
Lincoln Minerals Advances Kookaburra Gully Graphite Project
Lincoln Minerals, listed on the Australian Securities Exchange (ASX: LML), is making significant strides in developing the Kookaburra Gully Graphite Project, strategically located on South Australia's Eyre Peninsula, a region recognized as Australia's premier graphite province.
Eyre Peninsula: Australia's Graphite Hub
The Eyre Peninsula is not only a leading graphite region in Australia but also houses one of the country's largest graphite resources. This mineral is increasingly crucial due to its vital role in manufacturing lithium-ion batteries, which are essential for electric vehicles and renewable energy storage systems.
Kookaburra Gully Graphite Project: Impressive Mineral Resources
The Kookaburra Gully Graphite Project boasts an impressive resource estimate, comprising Measured, Indicated, and Inferred Resources totaling 3. 88Mt at 12. 6% Total Graphitic Carbon (TGC), based on a 5% TGC cut-off. This significant estimate was detailed in the company's 2022 Annual Report to Shareholders released on 17 October 2022.
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Promising Feasibility Study Outcomes
A Feasibility Study conducted in 2017 illuminated the project's potential for a 10-year mine life. The study projected a pre-tax net present value (NPV) of A$81 million and an internal rate of return (IRR) of 33%. These figures underscore the project's economic viability and potential profitability.
Ongoing Updates and Exploration
Lincoln Minerals is currently updating the 2017 Feasibility Study. This update incorporates results from recent drilling and a reinterpretation of the graphite mineralization following a successful drilling program in 2023. The company is focused on refining its development strategies for the Kookaburra Gully project based on these new insights.
Beyond Graphite: Iron Ore and Copper
Lincoln Minerals holds key mineral licenses across the Eyre Peninsula. The company has defined Mineral Resources for iron ore, including both magnetite and hematite, at Gum Flat. Additionally, it possesses copper and gold exploration prospects, indicating a diverse and robust portfolio in the minerals sector.
Leadership: Jonathon Trewartha at the Helm
Jonathon Trewartha, the Chief Executive Officer of Lincoln Minerals, is a seasoned mining engineer and entrepreneur. His extensive experience spans exploration, operations, technical aspects, study and project management, and regulatory approvals. Trewartha's career has covered senior roles in both Australia and overseas, dealing with everything from greenfield exploration to feasibility studies, approvals, and operations.
Diverse Corporate Experience
Trewartha's corporate journey includes positions as Chairman and Executive Director of an ASX-listed exploration company and Managing Director or Director of several private entities. His entrepreneurial spirit is evident in his founding of various companies, including an agricultural venture that introduced a new crop to Australia and garnered national accolades.
Conclusion: Lincoln Minerals Poised for Growth
Lincoln Minerals is poised to make a significant impact in the mining industry, especially in the graphite sector, with its promising Kookaburra Gully Graphite Project. The company's commitment to updating its feasibility studies and expanding its mineral portfolio, combined with Jonathon Trewartha's seasoned leadership, positions it for substantial growth and success in meeting the world's future energy demands.
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