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Lincoln Gold Mine: Unlocking the Potential of
California’s Motherlode

Seduli is an unlisted Australian gold company focused on becoming a mid-tier gold producer in a Tier 1 gold province in California.

Lincoln Gold Mine

The Lincoln Mine, situated in the renowned Mother Lode system within the gold-rich Sierra Nevada foothills of California, represents a prime Tier 1 location. This area has historically produced over 7.7 million ounces of gold, with an average deposit at a grade of about 10g/t.

The Lincoln Mine, encompassing a continuous set of leases spanning 3.4 miles (5.5km) along the most productive stretch of the Mother Lode, and has contributed nearly 3.4 million ounces of gold to date.

With full permits in place, comprehensive development completed, and readiness for stope production. The lode gold deposit within the Lincoln Mine encompasses three steeply dipping high-grade (10g/t Au) orebodies, collectively holding 284,000 ounces of gold. Notably, these orebodies extend beyond 150 meters, indicating promising prospects for further exploration and resource expansion.

The potential to increase resources is excellent, considering the limited drilling and the fact that historic mines along the strike have only mined depths of up to 1800m. Leveraging the existing operations and our extensive leases, there is significant potential to revitalise the Mother Lode into a prominent global gold production centre in the medium to long term.

Upon achieving production at Lincoln, our objective is to actively pursue exploration initiatives, seeking additional opportunities to broaden our footprint in this prolific region.

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Company Highlights

ADVANCED STAGE OF DEVELOPMENT A GOLDEN OPPORTUNITY

The Lincoln Mine has been granted all major and operational permits and consists of 1,900 metres of underground development, offices, workshops and a processing plant Built.

UNDER EXPLORED AND DATA RICH

34,000 metres of drilling completed with extensive metallurgical test work predicting 97% recoveries. Combined resource (Lincoln & Comet) of 600,000t @ 9 g/t Au for 173,000 oz Au.

LATE DEVELOPMENT/PRE PRODUCTION RISK EXPLORATION STAGE VALUE

Planned work program is at late stage of assessment, having passed exploration and technical risk stages. Upcoming phase includes upgrading the processing plant with modern equipment, operating at the permitted capacity of 1000 tpd.

PLATFORM FOR GROWTH TEAM WITH PROVEN TRACK RECORD

Our aim is to expand Seduli into a leading gold mining company that is focused on growing sustainable production and long-term value for every stakeholder, including shareholders, employees, and the communities where we are active.

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