ZEOTECH LIMITED — AGM Information 2011

Nov 6, 2011

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Annual General Meeting

Presentation November 7[th] 2011

ASX: LCR

www.laconia.com.au

ACN 137 984 297

Disclaimer and JORC Code Compliance Notice

Forward Looking and Exploration Target Statements

Some statements in this announcement regarding future events are forward‐looking statements. They involve risk and uncertainties that could cause actual results to differ from estimated results. Forward‐looking statements include, but are not limited to, statements concerning the Company’s exploration programme, outlook, target sizes, resource and mineralised material estimates. They include statements preceded by words such as “potential”, “target”, “scheduled”, “planned”, “estimate”, “possible”, “future”, “prospective” and similar expressions. The terms “Direct Shipping Ore (DSO)”, “Target” and “Exploration Target”, where used in this announcement, should not be misunderstood or misconstrued as an estimate of Mineral Resources and Reserves as defined by the JORC Code (2004), and therefore the terms have not been used in this context. Exploration Targets are conceptual in nature and it is uncertain if further exploration or feasibility study will result in the determination of a Mineral Resource or Reserve

Reference to resources

While Laconia Resources remains optimistic of the reserve /resource potential of its tenements any reference to “resource” or use of the term “ore” in this document is/are conceptual in nature. Further work is required to determine mineral reserves/resources.

JORC Code Compliance

Competent Persons Statement

Mr Darryl Mapleson who is a member of the Australasian Institute of Mining and Metallurgy has compiled the information within this presentation that relates to Exploration Results, Mineral Resources or Ore Reserves for the Mooletar Project. Mr Mapleson is a principal of BM Geological Services Pty Ltd and has sufficient experience relevant to the style of mineralisation and type of deposits under consideration and to the activity currently being undertaken to qualify as a Competent Person as defined in the 2004 edition of the Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves and consents to the inclusion of this information in the form and context in which is appears in this presentation. “Note: The potential quantity and grade of the Mooletar Project is conceptual in nature and there has been insufficient drilling to define a Mineral Resource and it is uncertain if further exploration will result in the determination of a mineral resource.”

Basis of assumptions for the Mooletar Magnetite Project

For the purpose of the Engenium report, an accuracy of +/‐50% was adopted in estimating costs. Costs have been based on other projects of similar size, and include information from Engenium in‐house databases and/or cost factors derived from projects of similar size and scope. The results from the report are not future revenue or operating forecasts. The information from the report is intended only to provide an indication of the potential scope of the Mooletar Iron Project. The potential quantity and grade of the Mooletar Project is conceptual in nature and there has been insufficient drilling to define a Mineral Resource and it is uncertain if further exploration will result in the determination of a mineral resource.

Basis of assumption for Zinc Equivalent Grade, Lennons Find Project

The calculation and commodity prices used are as per Laconia’s ASX release October 3[rd] 2011. This was compiled by Mr Ernie Poole who is a member of the Australasian Institute of Mining and Metallurgy and has compiled the information within this presentation that relates to Exploration Results, Mineral Resources or Ore Reserves for the Lennons Find, Barramine, Yandicoogina and 701 Mile Projects. Mr Poole is a full time employee of Laconia Resources Limited and has sufficient experience relevant to the style of mineralisation and type of deposits under consideration and to the activity currently being undertaken to qualify as a Competent Person as defined in the 2004 edition of the Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves and consents to the inclusion of this information in the form and context in which it appears in this presentation. Resource quoted at Lennons Find as per Jabiru Metals Limited Annual Report 2010.

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Overview

• Lennons Find Project contains a JORC Code Inferred Resource of 853,000 .

• tonnes grading 7.7%Zn, 1.8%Pb, 0.7%Cu, and 115g/t Ag

• Zinc Equivalent grade 18%.

• High grade silver intersected outside of the current resource.

• Extensive area of silver anomalism identified over 15 km at 701 Mile project.

• Significant base metal ground position in the Pilbara WA.

• $7.5M JV with Chinese syndicate, Sinoz Mining Investment Group, for the exploration and development of the Mooletar Iron Ore Project.

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Board & Management Team

 Michael Sharwood, Chairman B.Sc (Hons) (Wits), MA (Indiana), Solicitor of the Supreme Court of NSW

‐ formerly a partner of Blake Dawson Waldron and senior partner in Andersen Legal.

‐ practiced as a mineral exploration geologist in Canada and Australia for nearly 10 years before requalifying in New South Wales as a solicitor.

‐ had an extensive practice involving mergers and acquisitions and Stock Exchange Listings.

 Ian Stuart, Managing Director B.Sc (Hons), F.Fin

‐ formerly a stockbroker with Macquarie Private Wealth.

‐ experience in both finance industry and mining.

‐ extensive experience with capital raisings within the junior resource sector.

‐ senior geologist with experience throughout Australia and Africa, exploring for both gold and base metals.

 Matthew Howison, Non Executive Director LLB, LLM, MBA

‐ formerly NM Rothschild & Sons (Australia) Ltd, Turnbull & Partners, Goldman Sachs Australia and Salomon Smith Barney. ‐ involved in advising on mergers and acquisitions and capital raising transactions for major Australian and international corporations.

‐ expertise in the metals and mining, energy, renewable energy, media and technology industries.

 Ernie Poole, Exploration Manager B.Sc (Geology), Dip Ed, AusIMM

‐ 20 years experience in exploration and mining with specific experience in mining and exploration for base metals. ‐ experience in gold exploration and mining, both underground and open cut.

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Laconia Project Location Map

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Capital Structure

	Laconia Resources	Shares on Issue
		Number
Shares on Issue		81.92m
Unlisted Options ($0.08 -	0.20 strike)	24.1m
Cash (September 2011)		$1.8m
Total Market Capitalisation at 5c		$4.1m

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Top 5 Shareholders

Shareholder % Shares

Jabiru Metals Ltd 12.21 Pandell Pty Ltd 12.02 Ian Stuart (Consolidated) 6.83 Oakover Gold Ltd 6.10 Laconia Holdings Pty Ltd 3.05 Top 5 hold 40% of total shares on issue – top 20 hold 60%

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Lennons Find Base Metal Project (95% LCR)

• High grade silver and zinc intersected at Bronze Whaler and Tiger prospects, and

• High grade silver and zinc intersected outside the current resource at Hammerhead.

• Significant near surface silver values at Lennons Find greatly enhance the project’s potential. At current commodity prices, equates to a Zinc Equivalent of grade 18% .

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Lennons Find Significant Intersections

• Significant intercepts outside the boundary of the current resource confirms Laconia’s view that the Company will be able to significantly increase the resource base at Lennons Find.

• Resource modeling and estimation in progress.

• Metallurgical test work in progress.

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Hammerhead Resource Long Section

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• Project has a JORC Code Inferred Resource of 853,000t @ 7.7% Zn, 1.8% Pb, 0.7% Cu and 115g/t Ag at the Hammerhead sulphide zone[1] .

• At current commodity prices, the Zinc

• Equivalent grade is 18%[2] .

• Mineralisation is open down dip and along strike.

• Down hole Intercepts expressed as intercept length x Zn% equivalent.

• 1 Jabiru Metals Limited Annual Report 2010

• 2 Zinc equivalent grade calculated using Zn=$0.88/lb, Cu= $3.45/lb, Pb= $0.96/lb, Au=$1450/oz, Ag=$25/oz.

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Hammerhead Resource Cross Sections

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Work Program at Lennons Find

• Resource modeling and estimation in progress incorporating Bronze Whaler and Tiger prospects.

• Metallurgical test work in progress.

• Follow up of ground based fixed loop EM survey with detailed geological mapping.

• Drill targeting for further resource tonnage and exploration.

• Geochemical sampling at Yandicoogina.

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Yandicoogina Exploration Potential

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Barramine Project (100% LCR – excluding manganese and iron)

• Detailed geochemical survey confirms potential for Barramine project to host significant base metal and gold mineralisation.

• Survey results are highly encouraging and confirm significant base and precious metal anomalism.

• Potential mineralisation styles include; Mississippi Valley Type (MVT base metals).

• Volcanic associated (VHMS) base metals mineralisation.

• Exploration program co‐funded with WA State Government.

• Drill targets identified and drilling planned for the 2012 field season.

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701 Mile Project (80% LCR – excluding manganese and iron)

• Prospective for base metals, gold and uranium mineralisation.

• Project lies adjacent to a large crustal lineament interpreted to be a continuation of the Tangadee Linement.

• Favourable magnetic structures and targets prospective for base metals, gold and uranium.

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701 Mile Project Silver Anomalism

• High Grade silver assays from auger drilling up to 23.9g/t silver.[1]

• Follow‐up geochemical sampling and planning for a RAB drill program will be conducted as a priority.

• Areas highly anomalous in silver extend for up to 15km.

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• 1 ASX Release 3 Nov 2011

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Mooletar Project (100% LCR)

• JV agreement entered into with Sinoz Mining.

• Stage 1: An initial $1m to fund an exploration program at Mooletar.

• Stage 2: A further $1.5m, which will give Sinoz a 50% interest in the JV.

• Stage 3: A further 5m, which will give Sinoz an 80% interest in the JV.

• Exploration target 240 Mt at 30‐35% Fe.

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Mooletar Magnetite

• Exploration Target of 216‐264Mt @ 30‐35% Fe.[1]

• Engenium report identified the following key attributes of the project, including;

• Concentrate grade exhibits low impurities (additional testing required to confirm this).

• Project capable of producing Direct Reduction (DR) grade quality ore (70% Fe, <2% SiO2).

• Deposit in close proximity to supporting infrastructure in the mid‐west region of WA.

• Mineralisation identified along a 5.2 km strike at the Project.

1 The potential quantity and grade of the Mooletar Project is conceptual in nature and there has been insufficient drilling to define a Mineral Resource and it is uncertain if further exploration will result in the determination of a mineral resource.

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Laconia 2011/12 Planned Exploration Program

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----- Start of picture text -----

2011/12
Target
Projects Activities Start Q4 Q1 Q2 Q3
Minerals
Oct Nov Dec Jan Feb Mar April May June July Aug Sept
Barramine Base Metals Drilling Mar
Resource
Lennons Find Zinc estimation/Drill Nov
targeting
Geochemical
Yandicoogina Zinc/Gold Feb
sampling
Geochemical
701 Mile Base Metals sampling/RAB Mar
drilling
Mooletar JV Iron ore Mapping/ Drilling Mar
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Summary

• Focused exploration campaign in the Pilbara.

• Significant tenement holdings with a high impact exploration campaign.

• The technical team has experience in VHMS deposits and resource delineation.

• Ongoing project generation and appraisal.

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