Lake Resources N.l. · ASX:LKE

Lake Resources N.l — Investor Presentation (November 2016)

20 slides from Lake Resources N.l's investor presentation, Nov 16, 2016

  1. Slide 1: Highly Prospective Lithium Salt Lake Brine Projects in Argentina's Best Address

    Lake Resources N.L. For personal use only HIGHLY PROSPECTIVE LITHIUM SALT LAKE BRINE PROJECTS IN ARGENTINA’S BEST ADDRESS Lake Resources N.L – Investor Presentation November 2016

  2. Slide 2: Disclaimer

    Disclaimer For personal use only General This presentation has been prepared by Lake Resources N.L (Lake) and Lith NRG Pty Ltd, the entity Lake has acquired, for information purposes and meetings with sophisticated and professional investors, institutional investors and brokers and not any particula

  3. Slide 3: Corporate Snapshot

    Corporate Snapshot For personal use only LAKE RESOURCES (ASX:LKE) Directors and Management Previous Shares on Issue 95,876,034 Stephen Promnitz - Managing Director Extensive Project Management experience in South America – Geologist and Finance experience Pre-committed Placement (agreed May, conduct

  4. Slide 4: Lithium - Prime Location with the Majors

    Lithium - Prime Location with the Majors For personal use only  One of the largest tenement packages over lithium brine basins in Argentina - controlled 100%  Extensive areas over lithium brine basins ~90,000 Ha in three areas in similar settings to projects being developed  Same lithium basin as

  5. Slide 5: Lithium Triangle Chile/Argentina/Bolivia: LKE is Among the Majors

    Lithium Triangle Chile/Argentina/Bolivia: LKE is Among the Majors For personal use only  ~49% of global lithium production from lithium brine lakes (‘salars’)  Major companies developing world class projects  FMC, SQM, Albemarle, Orocobre (and Tianqui as equity in SQM)  Listed juniors: Lithium A

  6. Slide 6: Three Key Brine Projects Jujuy Province

    Three Key Brine Projects Jujuy Province Chile For personal use only Olaroz/ Paso Cauchari Olaroz/Cauchari – Jujuy Province ~19,000 Ha Bordering Orocobre & SQM/Lithium Americas Orocobre Adjacent to production wells Plant Paso – Jujuy Province ~29,000 Ha West of Olaroz, similar geological setting Kach

  7. Slide 7: Olaroz/Cauchari Project

    Olaroz/Cauchari Project For personal use only  ~19,000 Ha Applications  Jujuy Province  LKE Applications (blue)  Adjacent to Orocobre production (green)  Adjacent to SQM/Lithium Americas (dotted)  Applied for immediately after change of Govt Source: Jujuy Registro Grafico Feb 16, Past Orocobre

  8. Slide 8: Olaroz / Cauchari Project

    Olaroz / Cauchari Project For personal use only  Major lithium producer adjacent to LKE’s Cauchari Project  Lithium brine production - Orocobre  Flanks of salt lakes have extensive covered target areas  Requires drill testing Indicative only: Source Orocobre Cauchari Project Source: Orocobre Lak

  9. Slide 9: Paso Project

    Paso Project For personal use only  ~ 29,000 Ha Applications, Jujuy Province  LKE Applications (blue)  Next basin west of Orocobre (green)  Known lithium brines  Area with covered target potential Source: Jujuy Registro Grafico Feb 16 Lake Resources N.L – Investor Presentation, November 2016 9

  10. Slide 10: Kachi Project

    Kachi Project For personal use only  ~ 45,000 Ha Applications, Catamarca Province  100km long basin - salt lake and covered targets  Anticipate approvals for exploration soon to allow sampling and geophysics before Xmas Source: Catamarca Registro Grafico Sept 16 Lake Resources N.L – Investor Pres

  11. Slide 11: Near Term Value Drivers

    Near Term Value Drivers For personal use only  Grid auger sampling over Kachi brines (pre-Christmas)  Geophysics over Kachi basin with brines (pre-Christmas)  Drilling planned Kachi – stratigraphy/ water quality (Mar)  Olaroz/Cauchari and Paso update on approvals (Feb-Mar)  Potential expansion

  12. Slide 12: Compelling Lithium Opportunity in the Best Address

    Compelling Lithium Opportunity in the Best Address For personal use only Andean Lithium Triangle – Best lithium brine projects/producers Title Among the Majors over lithium bearing basins Lithium supply shortfall and demand growing in electric vehicles and energy storage Timing good, Argentina – new

  13. Slide 13: Argentina – Recent Changes

    Argentina – Recent Changes For personal use only  New Government Pro-lithium development (Dec 2015) after 12 years of socialist rule  President Macri is a businessman, supports foreign investment  Argentina Welcomes Foreign Investment (Jan 2016) with Investment Forum Sept ’16  Removed Mining Exp

  14. Slide 14: Appendix – Background on Lithium

    Appendix – Background on Lithium For personal use only Kachi Project Lake Resources N.L – Investor Presentation, November 2016 14

  15. Slide 15: Lithium and the Market

    Lithium and the Market For personal use only What is Lithium and its Uses? Battery growth due to light weight metal - electric vehicles, smartphones - static on glass, ceramics Energy storage “is the new oil”; new growth - Benchmark Mineral Intelligence Proven technology - considered key for fast, e

  16. Slide 16: Lithium and Battery Makers

    Lithium and Battery Makers For personal use only Where are the Lithium battery makers? ◦ Panasonic 36%, AESC 11% (Japan)* ◦ BYD 18%, BPP 6% (China) ◦ LG 7%, Samsung 4% (Korea) – [Others 18%] 36% Where will be the production growth? ◦ Future gigafactories (eg. BYD, Tesla) * 18% 11% 7% 6% 4% ◦ Product

  17. Slide 17: Lithium and Supply

    Lithium and Supply For personal use only Where is the Lithium supply? ◦ Chile/Argentina: 49% * (salt lake brines) Lithium Supply* Lithium Producers* ◦ Australia: 42% (hard rock) ◦ Others: 9% Who produces the Lithium? Chile FMC ALB ◦ Albemarle: 49% * Aust ◦ SQM: 42% Tianqui ◦ FMC: 9% Arg ◦ Tianqui: 1

  18. Slide 18: Lithium Developer/Explorer Comparison

    Lithium Developer/Explorer Comparison For personal use only 9 Lake Resources (LKE:ASX) Source: Galaxy Resources Oct 16 Lake Resources N.L – Investor Presentation, November 2016 18

  19. Slide 19: Cost Curve Comparison: Brine v. Rock

    Cost Curve Comparison: Brine v. Rock For personal use only Orocobre Current Forecast Source: Roskill 2015, Orocobre forecasts Includes carbonate, hydroxide and chloride Lake Resources N.L – Investor Presentation, November 2016 19

  20. Slide 20: Lithium Brines Among the Majors

    Lake Resources N.L. (ASX:LKE) – Lithium Brines Among the Majors For personal use only Contact: Stephen Promnitz, Managing Director +61 2 9188 7864 steve@lakeresources.com.au www.lakeresources.com.au Andrew Bursill, CFO/ Company Secretary +61 2 9188 7864 Lake Resources N.L – Investor Presentation, No

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