Prairie Lithium Limited · ASX:PL9
Prairie Lithium — 121 Mining Investment Conference 2019
25 slides from Prairie Lithium's conference presentation, Oct 17, 2019
Slide 1: Investor Presentation 121 Mining Investment Conference
17 October 2019 INVESTOR PRESENTATION 121 MINING INVESTMENT CONFERENCE Hawkstone Mining Limited (ASX:HWK) (“Hawkstone”, the “Company”) is pleased to present an updated Investor Presentation for October 2019. The document will be presented to investors and brokers in New York for the 121 Mining Inves
Slide 2: About Hawkstone
ABOUT HAWKSTONE Hawkstone’s 100% owned Big Sandy and Lordsburg Projects (Figure 1) are located within the United States Battery Corridor, which includes Tesla Motors (NASDAQ:TSLA) Gigafactory 1, a lithium-ion battery and electric vehicle subassembly factory near Reno, Nevada. The Company’s flagship
Slide 3: Developing a Low-Cost Lithium Project in America's Battery Corridor
DEVELOPING A LOW-COST LITHIUM PROJECT IN AMERICA’S BATTERY CORRIDOR INVESTOR PRESENTATION OCTOBER 2019 hawkstonemining.com.au 1
Slide 4: Disclaimer
DISCLAIMER DISCLAIMER AND FORWARD LOOKING STATEMENTS own investigation, evaluation and analysis of the business, data and property described in this presentation. In particular, any estimates or projections or opinions contained This presentation is not a prospectus nor an offer of securities for su
Slide 5: Overview
OVERVIEW CORPORATE SNAPSHOT $8.396m Hawkstone Mining Limited (ASX: HWK) is an ASX listed company focused primarily on the development of a low-cost lithium project in Market Cap at A$0.011 America's battery corridor. The Big Sandy Project is located on interstate I93 between 815.3m Phoenix and Las V
Slide 6: Big Sandy's Big Potential
BIG SANDY’S BIG POTENTIAL DEVELOPING A LOW-COST LITHIUM PROJECT Maiden JORC resource announced September 2019 Total Indicated and Inferred Resources of 32.5 Million Tonnes (Mt) grading 1,850 parts per million (ppm) Li or 320,800 tonnes Lithium Carbonate Equivalent (LCE), reported above an 800 ppm Li
Slide 7: Big Sandy Maiden Mineral Resource
BIG SANDY MAIDEN MINERAL RESOURCE 320,800 TONNES LITHIUM CARBONATE EQUIVALENT (LCE) 320,800 • Maiden Mineral Resource delivered 14 months after first drilling commenced at Big Sandy, in line with the Company’s rapid de-risking strategy. Tonnes Lithium Carbonate Equivalent (LCE) • Excellent potential
Slide 8: Big Sandy Maiden Mineral Resource
BIG SANDY MAIDEN MINERAL RESOURCE 320,800 TONNES LITHIUM CARBONATE EQUIVILENT (LCE) The Total Indicated and Inferred Resources were for a total 32.5 Million Tonnes (Mt) grading 1,850 parts per million (ppm) Li or 320,800 tonnes Lithium Carbonate Equivalent (LCE), reported above an 800 ppm Li cut-off
Slide 9: Further Drilling Planned
FURTHER DRILING PLANNED MINERALISATION REMAINS OPEN TO THE NORTH, SOUTH & WEST • Further drilling is planned for Blocks B and C in the Northern Mineralised Zone (NMZ), as well as Block 1 in the Southern Mineralised Zone (SMZ) • The calculation of the maiden Resource represents a mere 4% of the landh
Slide 10: An Experienced Team
AN EXPERIENCED TEAM WITH A PROVEN TRACK REORD THE TEAM PAUL LLOYD - Managing Director Paul is a Chartered Accountant with over 30 years’ commercial experience and operates his own corporate consulting business, specialising in the area of corporate, financial and management advisory services. After
Slide 11: Big Sandy's Resource Drilling
BIG SANDY’S RESOURCE DRILLING Diamond Drilling at Big Sandy Hawkstone recently completed a 37 hole diamond drilling program for 3,700m at Big Sandy with best results including2 54.0m @ 2,041 ppm Li from 10.0m to 64.0m 34.0m @ 1,941 ppm Li from 32.0m to 66.0m 36.0m @ 1,892 ppm Li from 31.0m to 67.0m
Slide 12: The Big Sandy project offers a compelling opportunity in lithium
The Big Sandy project offers a compelling opportunity in lithium exploration and project development. Dr. David Deak Advisor and Global Lithium Expert “There is potential here for a world-class project that is scalable and accessible to the market. The progress being made with select engineering par
Slide 13: Big Sandy's 11km-Long Lithium Horizon
BIG SANDY’S 11KM-LONG LITHIUM HORIZON We look forward to creating significant shareholder value as the project continues to develop. Paul Lloyd Managing Director “After staking the Big Sandy project ground three and a half years ago based on a geological interpretation, we have aggressively advanced
Slide 14: Big Sandy's Exploration
BIG SANDY’S EXPLORATION Exploration Target: 280.1Mt - 492.6Mt RESOURCE GRADE RANGE THICKNESS THICKNESS LOWER UPPER ZONE BLOCK LI PPM LOWER (M) UPPER (M) (TONNES) (TONNES) Growing exploration target North A 1,000 à 2,000 30 50 21,600,000 36,000,000 North B 1,000 à 2,000 40 60 82,800,000 124,200,000 •
Slide 15: Big Sandy Resource Drilling
BIG SANDY RESOURCE DRILLING 13 hawkstonemining.com.au hawkstonemining.com.au 13
Slide 16: The U.S. investment community has a strong appetite for this type of project
The U.S. investment community has a strong appetite for this type of project and we look forward to advancing Big Sandy over the coming months. Barnaby Egerton-Warburton Non-Executive Chairman “Based on my experience with other U.S. sedimentary Lithium projects, I was immediately attracted to the Bi
Slide 17: Regional Infrastructure
REGIONAL INFRASTRUCTURE WORLD CLASS INFRASTRUCTURE ON OUR DOOR STEP 15 hawkstonemining.com.au
Slide 18: Accelerating the Big Sandy Lithium Project
ACCELERATING THE BIG SANDY LITHIUM PROJECT PHASE 2 DRILLING COMPLETE – NEXT STEPS FOR FY2020 NEWS FLOW CATALYSTS Q2 Q3 Q4 JORC Estimated Resource Further strengthen Board U.S. investor roadshow Additional groundwork Appoint engineers to build pilot plant & design flow sheet Commence PFS Drilling Are
Slide 19: Why Lithium Sedimentary
WHY LITHIUM SEDIMENTARY BENDING THE LITHIUM COST CURVE Industry leading lithium-sedimentary peer advantages • Open-pittable, low-cost mining • Low stripping ratio • Little requirement for crushing/grinding • Scale to support long mine life LITHIUM DEPOSIT TYPES Estimated Cash Mine Product Typical Gr
Slide 20: Proven Lithium Extraction Method
PROVEN LITHIUM EXTRACTION METHOD INITIAL TESTING - HIGH RECOVERY Initial metallurgical test work • Amenable to sulfuric acid lithium extraction • Recovery 93% lithium within 2 hours • Technology partners have completed similar test work on peer project Future Lithium Processing Plant • Decision to m
Slide 21: US Government - Lithium as a Critical Mineral
US GOVERNMENT - LITHIUM AS A “CRITICAL MINERAL” USA favours domestic sources of Battery production at Gigafactory 1 Lithium across the supply chain1 reached an annualized rate of roughly to reduce the Chinese dominance of 35 GWh, making it the highest-volume this strategic commodity. battery plant i
Slide 22: Lithium in the United States
LITHIUM IN THE UNITED STATES BREAKING CHINA’S CONTROL OF THE LITHIUM SUPPLY CHAIN • In early 2019 there were 316 gigawatt- hours (GWh) of global lithium cell manufacturing capacity. China is home to 73% of this capacity, followed by the U.S., far behind in second place with 12% of global capacity. •
Slide 23: Battery Transformation
BATTERY TRANSFORMATION BATTERIES POWER THE 4TH INDUSTRIAL REVOLUTION ELECTRIC VECHICLES ENERGY STORAGE 2017 2017 3.1 million EVs $194 billion global market 2030 2024 125 million EVs $296 billion Ownership of EV’s will increase by 40x in the next global market 13 years Source: Visual Capitalist, The
Slide 24: Contact
For further information: Paul Lloyd (Managing Director) +61 419 945 395 plloyd@hawkstonemining.com Ground Floor, 24 Outram Street Subiaco WA 6008 ASX:HWK hawkstonemining.com.au 22
Slide 25: hawkstonemining.com.au
hawkstonemining.com.au Big Sandy - Exposed Green Clay containing lithium Mineralisation
Prairie Lithium — 121 Mining Investment Conference 2019 on 6ix