Liontown Limited · ASX:LTR
Liontown — Liontown Resources — Shareholder Meeting (November 2015)
21 slides from Liontown's shareholder meeting presentation, Nov 24, 2015
Slide 1: A new player in the fast-growing lithium sector
For personal use only A new player in the fast- growing lithium sector AGM Presentation November 2015 ASX Code: LTR
Slide 2: Disclaimer
Disclaimer Competent Person’s Statement and Disclaimer: For personal use only • The Information in this presentation that relates to Exploration Results for the Mohanga Project is extracted from the ASX announcement entitled “Liontown secures lithium-tantalum exploration project in Tanzania, East Af
Slide 3: Liontown – Key Investment Highlights
Liontown – Key Investment Highlights A diversified explorer with significant growth assets in lithium and gold For personal use only • New entrant to the fast-growing lithium sector with acquisition of Mohanga lithium-tantalum project in Tanzania (announced today) • Currently reviewing additional st
Slide 4: Overview of Key Projects
Overview of Key Projects • Three 100%-owned growth For personal use only projects: • Lithium and Gold • Mohanga (Tanzania) • New project • Targeting lithium • Exposure to growth commodity • Jubilee Reef (Tanzania) • World-class mineral province • Maiden gold Resource pending • Mt Windsor (Queensland
Slide 5: Tanzania Overview
Tanzania Overview Potential for large-scale discoveries in the Tanzanian Craton For personal use only Mohanga – Lithium/Tantalum • High-grade rock chips • Unexplored • Potential to re-rate company Jubilee Reef – Gold • Located near some of Africa’s largest gold mining operations • Strong gold minera
Slide 6: Mohanga Lithium/Tantalum Project – The Right Place
Mohanga Lithium/Tantalum Project – The Right Place For personal use only Tanzanian Craton • Archaean age Jubilee Reef • High gold endowment in the north – analogous to Eastern Goldfields of Western Australia Mohanga • Virtually unexplored for other commodities • Located 500km SE of main goldfields –
Slide 7: Mohanga – High Grade Potential
Mohanga – High Grade Potential • Historical lithium For personal use only occurrences (the only ones recorded in Tanzania) • High grade Li and Ta values recorded in early rock chip sampling • Multiple targets • 177km2 area (3 PLs) 2 LTR PLs 1 PL covered by option agreement (right to acquire 100%
Slide 8: Why Lithium? – Fundamentals Aligned
Why Lithium? – Fundamentals Aligned Oct 2015 • Supply shortfall due to lithium batteries For personal use only Actual Price Trend Forecast Oct 2015 • Already seen in actual price performance with high prices forecast to continue 8 *Source: Citi Research – Lithium, The future is electric (October 201
Slide 9: Why Lithium? – Potential Re-rating
Why Lithium? – Potential Re-rating For personal use only Share price performance of main ASX-listed lithium-focused companies Lithium companies have been some of the strongest performers on the ASX over the past 12 months, reflecting the strong outlook for this commodity 9
Slide 10: Tanzania Overview
Tanzania Overview Potential for large-scale discoveries in the Tanzanian craton For personal use only Mohanga – Lithium/Tantalum • High-grade rock chips • Unexplored • Potential to re-rate company Jubilee Reef – Gold • Located near some of Africa’s largest gold mining operations • Strong gold minera
Slide 11: Jubilee Reef – Surrounded by “Head Frames”
Jubilee Reef – Surrounded by “Head Frames” Lake Victoria Goldfield For personal use only • +50Moz gold endowment – home to Lake several world-scale deposits North Mara Victoria • Multiple +10Moz deposits*: • Bulyanhulu (~17Moz) • Geita (~12.5Moz) >1Moz Au >10Moz Au • Four operating mines Geita LTR P
Slide 12: Jubilee Reef – Resources Plus Exploration Upside
Jubilee Reef – Resources Plus Exploration Upside For personal use only • Resource estimates pending for Simba and Panapendesa • Mineralisation starts at or near surface • Exploration upside • Potential for large-scale gold systems 12
Slide 13: Simba – Large Granite-hosted Gold System
Simba – Large Granite-hosted Gold System • Resource pending For personal use only • Previous results include: • 21m @ 4.7g/t Au • 23m @ 2.9g/t Au • 54m @ 2.6g/t Au • 29.7m @ 3.2g/t Au • Latest drilling confirms continuity • Multiple mineralised zones • Large scale, shallow system • Exploration upsid
Slide 14: Jubilee Reef – Panapendeza Drill Plan
Jubilee Reef – Panapendeza Drill Plan For personal use only 14
Slide 15: Simba and Beyond – Exploration upside
Simba and Beyond – Exploration upside • Simba – Panapendesa Gap For personal use only Panapendesa • Immediate extension (~1.5km) of main Simba Simba – Panapendesa Gap zone • Western extension of Panapendesa Koboko Trend Simba – Main Zone • Soil covered • Previous drilling ineffective Simba – Paralle
Slide 16: Allandale – Regional Setting
Allandale – Regional Setting For personal use only • North Queensland • 100%-owned • ~75km WSW of Charters Towers • ~90km WNW of Pajingo • Metal endowment (~25 Moz*) * Source: Palaeozoic gold deposits of the Charters Towers Region (Morrison and Beams World-class gold and base metal province 2013). D
Slide 17: Allandale – Recent Drilling (July 2015)
Allandale – Recent Drilling (July 2015) For personal use only • Significant gold and antimony values 4m @ 0.7g/t Au from 146m intersected in drilling 4m @ 1.7g/t Au from 21m 4m @ 1.7g/t Au 2m @ 1.7% Sb and 1m @ 2.8% Sb • Mineralisation open 2m @ 1.7% Sb from 113m and 1m @ 2.8% Sb from 120m • Pot
Slide 18: Summary – Key Reasons to Invest in Liontown
Summary – 5 Key Reasons to Invest in Liontown For personal use only 1. Significant new lithium-tantalum project secured in Tanzania 2. Exploration work has commenced at Mohanga 3. Reviewing other opportunities in lithium – exposure to a promising growth commodity 4. Maiden gold Resource pending at J
Slide 19: Appendix – Corporate Details
Appendix 1 – Corporate Details For personal use only ASX Code: LTR
Slide 20: Corporate Overview
Corporate Overview For personal use only Objective/Mission - Discover stand-alone mineral deposits in Tanzania (East Africa) and North Queensland (Australia) – two of the world’s most prospective metal provinces. ASX Code LTR Shares on Issue ~576 million Market Capitalisation ~$3.5 million Major Sha
Slide 21: Board and Management
Board and Management For personal use only TIM GOYDER – Non-Executive Chairman 30 years experience, MD – Chalice Gold, Chairman – Uranium Equities DAVID RICHARDS – Managing Director 30 years experience, former Managing Director – Glengarry Resources CRAIG WILLIAMS – Non-Executive Director 30 years e
Liontown Resources — Shareholder Meeting (November 2015) on 6ix