Liontown Limited · ASX:LTR
Liontown — Liontown Resources — Investor Presentation (February 2016)
18 slides from Liontown's investor presentation, Feb 9, 2016
Slide 1: February 2016 Investor Presentation
For personal use only February 2016 Investor Presentation Leveraged exposure to high-grade lithium exploration
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 ASX announcements entitled “Mohanga Lithium-Tantalum Project (Tanzania, East Africa) – Exploration Update
Slide 3: Corporate Overview
Corporate Overview For personal use only ASX Code LTR Board of Directors Shares on Issue ~583 million TIM GOYDER – Non-Executive Chairman >30 years experience, MD – Chalice Gold, Chairman – Uranium Market Capitalisation ~$9.9 million (at 1.7cps) Equities DAVID RICHARDS – Managing Director Major Shar
Slide 4: Investment Highlights
Investment Highlights • Acquired the Mohanga Lithium-Tantalum Project in Tanzania in November 2015 For personal use only • High-grade lithium and tantalum results from initial trenching and rock chip program • Results confirm that Mohanga hosts a large pegmatite field, currently mapped over 8km • Ne
Slide 5: Key Projects
Key Projects Mohanga (Tanzania) For personal use only • Acquired November 2015 • Rights to 100% • Significant greenfields pegmatite field • High-grade lithium and tantalum from initial sampling Bynoe (NT, Australia) • Acquired February 2016 • Rights to 100% • 50 pegmatites identified historically Ju
Slide 6: Mohanga Lithium Project
Mohanga Lithium Project For personal use only • Rights to contiguous 177km2 ground package • Opportunity identified as a result of Liontown’s extensive experience operating in Tanzania • Mohanga Project located in central Tanzania, ~40km NE of the capital Dodoma • Virtually no modern exploration – h
Slide 7: A World-Class Address
A World-Class Address • Located in south-eastern portion of Archaean For personal use only Tanzanian Craton, 500km from main gold fields Jubilee Reef • High gold endowment in the north – analogous to Eastern Goldfields, Western Australia • Virtually unexplored for other commodities, Mohanga despite
Slide 8: Mohanga Lithium – Size and Scale
Mohanga Lithium – Size and Scale • Initial project area covers 177km2 : For personal use only • Recently expanded to >500km2 with additional pending applications • Multiple historical lithium occurrences (the only ones ever recorded in Tanzania) • Large pegmatite field mapped over an 8km strike leng
Slide 9: Mohanga – Phase Trenching
Mohanga – Phase 1 Trenching For personal use only 9
Slide 10: Mohanga: High-grade Trenching Results
Mohanga: High-grade Trenching Results For personal use only Ipata Prospect: • MOHTR001: 4.1m @ 4.93% Li2O and 1,862ppm Ta2O5 • MOHTR002: 2.3m @ 1.79% Li2O and 712ppm Ta2O5 • Interpreted to define a continuous zone, open along strike and at depth Tresor Prospect: • MOHTR007: 22.5m @ 192ppm Ta2O5 incl
Slide 11: Mohanga – The Next Steps
Mohanga – The Next Steps For personal use only • Define lithium and/or tantalum trends that warrant drill testing • Emphasis on identifying spodumene mineralisation, a primary hard rock source of lithium globally. • Upcoming work will comprise: • Detailed geochemical and geological surveys • Further
Slide 12: Key Projects
Key Projects Mohanga (Tanzania) For personal use only • Acquired November 2015 • Significant greenfields pegmatite field • High-grade lithium and tantalum from initial sampling Bynoe (NT, Australia) • Acquired February 2016 • 50 pegmatites identified historically Jubilee Reef Project (Tanzania) • In
Slide 13: Bynoe Lithium-Tantalum Project
Bynoe Lithium-Tantalum Project For personal use only • Second lithium-prospective project acquired in February 2016 • Comprises ~80km2 tenement package located close to Darwin, Northern Territory – excellent infrastructure • Historical exploration has identified 50 pegmatites within project area • P
Slide 14: Bynoe Lithium-Tantalum Project
Bynoe Lithium-Tantalum Project • Numerous pegmatites containing tin and For personal use only tantalum identified: • Pegmatites up to >50m thick and >200m long identified • Pegmatites show mineral zonation typical of lithium-bearing pegmatites • Planned exploration activities include: • Compilation
Slide 15: An increasingly precious metal
An increasingly precious metal “Amid a surge in demand for rechargeable For personal use only batteries, companies are scrambling for supplies of lithium..” The Economist, 14 January 2016 Plugging-in to the lithium opportunity
Slide 16: Why Lithium? – Fundamentals Aligned
Why Lithium? – Fundamentals Aligned • Supply shortfall due to lithium batteries For personal use only • Already seen in actual price performance with high prices forecast to continue Lithium companies have been some of the strongest performers on the ASX over the 16 past 12 months, reflecting the st
Slide 17: Key Reasons to Invest in Liontown
5 Key Reasons to Invest in Liontown 1. Significant new lithium-tantalum projects secured in For personal use only Tanzania and Australia 2. Exploration work to commence shortly at both lithium projects – encouraging early results at Mohanga 3. Reviewing other opportunities in lithium – exposure to a
Slide 18: Contacts
Contacts David Richards (Managing Director) For personal use only Tim Goyder (Chairman) +61 8 9322 7431 www.ltresources.com.au info@ltresources.com.au Thank you
Liontown Resources — Investor Presentation (February 2016) on 6ix