Atlas Lithium Corporation · NASDAQ:ATLX

Atlas Lithium — Investor Presentation (January 2023)

30 slides from Atlas Lithium's investor presentation, January 2023

  1. Slide 1: Lithium & Battery Metals to Power the Green Energy Revolution

    Nasdaq: ATLX Lithium & Battery Metals to Power the Green Energy Revolution Investor Presentation January 2023

  2. Slide 2: Forward-Looking Disclaimer

    Forward-Looking Disclaimer This presentation contains, or incorporates by reference, “forward-looking information” within the meaning of applicable U.S. securities legislation. Forward-looking information may include, but is not limited to, statements with respect to the future performance of Atlas

  3. Slide 3: Atlas Lithium Overview

    Atlas Lithium Overview We are a mineral exploration company focused on lithium and other battery metals critical to powering the green energy revolution • We own the largest hard-rock lithium mineral property portfolio in Brazil, spanning 293 km2 • Drilling to date has indicated several high-quality

  4. Slide 4: Comparables

    Comparables Hard-Rock Lithium Companies Company Lithium Properties1 Revenues Market Cap2 Sigma Lithium 47,197 acres Resources None US $3.12 Billion (Minas Gerais, Brazil) Nasdaq: SGML Piedmont Lithium 3,245 acres None US $1.09 Billion Nasdaq: PLL (North Carolina, U.S.) 56,078 acres Atlas Lithium (Mi

  5. Slide 5: Lithium Market

    Lithium Market Surging Demand = High Prices As a percentage of new car production, electric vehicles Widespread EV adoption lifts demand for lithium, (EVs) are expected to increase ~35% from 2021 – 2030, creating a favorable market for future sales of driving continued lithium demand for EV batterie

  6. Slide 6: Lithium Supply Requirements

    Lithium Supply Requirements Accelerating EV Deployment & Demand Trajectories • Lithium demand is growing at the fastest pace among major kt Lithium Supply Requirements by Scenario2 minerals, largely reflecting the dramatic increase in EV 1400 STEPS SDS deployment 1200 o Automakers are increasing eff

  7. Slide 7: Projects & Properties

    Projects & Properties Battery Metals Portfolio Gold-Focused Iron-Focused 100%-Owned 28%-Owned 45%-Owned Lithium (2 projects) 72,344 Acres (293 km2) OTCQB: JUPGF Private Nickel 54,950 Acres (222 km2) Rare Earths 30,054 Acres (122 km2) Titanium 22,050 Acres (89 km2) Graphite 13,766 Acres (56 km2) Nasd

  8. Slide 8: Management Team

    Management Team Marc Fogassa Volodymyr Myadzel, PhD Gustavo Aguiar Chairman & CEO Sr. VP, Geology CFO & Treasurer • 10-yr experience as CEO of Atlas Lithium; • “Qualified Person” (Expert) in lithium under the • 16-yr experience in finance/accounting previously was in U.S. venture capital for 8 yrs S

  9. Slide 9: Board of Directors

    Board of Directors Ambassador Stephen Petersen, Cassi Olson, Esq. Marc Fogassa Roger Noriega CFA Independent Director Chairman & CEO Independent Independent Director Director • Nominated by President George W. • 40-yr experience in capital markets • Extensive experience in global • 10-yr experience

  10. Slide 10: Battery Metals Exploration Portfolio

    Battery Metals Exploration Portfolio 100% Owned by Atlas Lithium Nickel/Cobalt Lithium II Properties Nickel/Cobalt Rare Earths Northeastern Lithium Project Graphite Titanium Rare Earths I Properties Rare Earths II Properties Nickel/Cobalt I Minas Gerais Properties Lithium Project Titanium Properties

  11. Slide 11: Minas Gerais Lithium Project

    Minas Gerais Lithium Project • Our flagship Minas Gerais Lithium Project encompasses 52 mineral rights (227 km2) in and around the municipalities of Araçuaí and Itinga, a well-known district for lithium • Currently drilling one of our mineral rights, the Neves Area, where 20 pegmatite outcrops have

  12. Slide 12: Neighboring Site

    Neighboring Site Sigma Lithium (Nasdaq: SGML) • The most active lithium explorer in the region with a world-class lithium resource base (currently stands at ~80MT of Li2O contained Sigma Lithium within four separate deposits) Salinas Resources • 27 mineral rights spread over 191 km2 Rubelita Coronel

  13. Slide 13: Operational Execution

    Operational Execution Framework Lithium Very Large Set of Lithium Resource Metallurgical 100%-Owned Delineation Ongoing, Studies Ongoing, Lithium Targets Five Diamond-Core Expected Production – 52 Mineral Drills as of Jan 2023 at of Lithium Rights, 72,344 Project Site Concentrate Acres Samples Goal:

  14. Slide 14: Strategic Investments

    Strategic Investments Apollo Resources Corp. Jupiter Gold Corp. (OTCQB: • Atlas Lithium owns 44% JUPGF) (acquired in 2020) • Atlas Lithium owns 24% • A private company focused on iron projects in Brazil • Focused on the exploration of several • Owns 57,665 acres of mineral rights for iron highly pro

  15. Slide 15: Apollo Resources

    Apollo Resources 100%-Owned Iron Projects Location Area Project Name Mineral Highlights in Brazil (State) (Acres) In Operational Licensing: Premier location next to Vale’s iron mine. Technical Report Summary presents an estimate of 7.85M tons of iron ore resources. Raw iron Iron Quadrangle, Rio Pira

  16. Slide 16: Jupiter Gold

    Jupiter Gold 100%-Owned Projects Location Area Project Name Mineral Highlights in Brazil (State) (Acres) Exploration Stage: Greenstone belt formation in an area known for artisanal gold. Alpha Gold Minas Gerais 28,167 Gold mineralization reported by prior owner and verified by us in new trenching. E

  17. Slide 17: Key Takeaways

    Key Takeaways Atlas Lithium provides an opportunity to partner with a proven management team in unlocking the upside in a unique asset 1 100% ownership of the largest lithium area footprint in Brazil creates a leadership position in the well-known and premier jurisdiction for hard-rock lithium 2 Glo

  18. Slide 18: Contact

    Contact Investor Relations Greg Falesnik or Brooks Hamilton MZ North America Main: 949-546-6326 ATLX@mzgroup.us (833) 661-7900 atlas-lithium.com @Atlas_Lithium LinkedIn

  19. Slide 19: Appendix

    Appendix Additional Minerals Information

  20. Slide 20: Lithium Deposits & Mining

    Lithium Deposits & Mining Hard Rock Lithium Lithium Brines Lithium Deposits • Lithium minerals hosted in igneous pegmatite bodies distributed around • Occur in arid regions dominated by high evaporation rates margins of large granitic intrusions • Lithium dissolved in saline groundwater brines below

  21. Slide 21: Geologic Address

    Geologic Address Eastern Brasil Pegmatite Province – EBP • 150,000 km2 Araçuaí orogenic belt of large granitic igneous intrusives and related pegmatite deposits • Extends more than 850 km across eastern Minas Gerais state • Host to at least 1,000 pegmatites mined since 1940’s • Multiple mineral comm

  22. Slide 22: Mineral Properties

    Mineral Properties Minas Gerais Lithium Project Araçuaí Mining District • 227 km2 of 100% Atlas-owned mineral rights comprising Salinas largest lithium portfolio in Brazil • Dominant property position in Araçuaí mining district, covering multiple centers of prospective pegmatite mineralization • Str

  23. Slide 23: Das Neves Target

    Das Neves Target • Recently expanded concession block to 28.2 km2 with acquisition of four new mineral rights – ~ 40-fold increase • Li-bearing pegmatites exposed in historic artisanal mine workings and along stream drainages and road cuts Das Neves North • Exploration currently focused on cluster o

  24. Slide 24: Das Neves Target (cont.)

    Das Neves Target (cont.) • Significant Li2O grades begin at top of fresh bedrock at ~30 to 50m depth from surface • Best results to date returned from drill holes AB-11, AB-11B, AB-12 and AB-15 - Latest 10 holes pending Abelhas Pegmatite Drilling Highlights Target Neves Target Area – Abelhas Pegmati

  25. Slide 25: Drilling Program – Neves Area

    Drilling Program – Neves Area Appendix Nasdaq: ATLX | 25

  26. Slide 26: Other District Targets

    Other District Targets All 100%-Owned Pegmatite Outcrop – Santa Clara Target Santa Clara Area • Adjoins Sigma Lithium’s Grota do Cirulo property, recently expanded with acquisition of 4 new concessions • 14 prospective pegmatites mapped on original concession – field reconnaissance over new concessi

  27. Slide 27: Metallurgy

    Metallurgy Preliminary testing completed in Q2 2022 by SGS Geosol in Belo Horizonte, Brazil Objectives • Determine physical density and size distribution of crushed material • Test use of dense media gravity separation (DMS) methods to produce commercial grade spodumene concentrate • Evaluate potent

  28. Slide 28: Nickel - Cobalt

    Nickel - Cobalt Atlas Properties • 222 km2 prospective nickel – cobalt exploration rights in Goiás and Piauí states • Early stage exploration properties staked along productive nickel trends • Strategically located near or adjacent to past / currently producing nickel properties • Nickel laterite st

  29. Slide 29: Nickel

    Nickel Goiás Properties Niquelandia District • Brazil’s ‘Nickel Capital’ producing for the past with 40+ years ATLAS’ Nickel Anglo-American Codemin Mine Properties • 76 km2 (18,777 Acres) prospective land position covering northern extension of Niquelandia layered mafic-ultramafic complex Votorantu

  30. Slide 30: Nickel

    Nickel Montes Carlos de Goiás • Located along major state highway ~5 km from town of Montes Claros de Goiás • 116 km2 (28,729 Acres) exploration rights covering prospective ultramafic sequence adjoining two 3rd party Ni properties in mining permit application stage • Preliminary field reconnaissance

Atlas Lithium — Investor Presentation (January 2023) on 6ix