Galan Lithium Limited · ASX:GLN
Galan Lithium — 11th Lithium Supply & Markets Conference 2019
19 slides from Galan Lithium's conference presentation, Jun 11, 2019
Slide 1: New High-Grade Lithium Brine Discovery in South America's Lithium Triangle
NEW HIGH-GRADE LITHIUM BRINE DISCOVERY IN SOUTH AMERICA’S LITHIUM TRIANGLE 11th Lithium Supply & Markets Conference, Santiago, Chile June 2019 ASX:GLN
Slide 2: Disclaimer and Important Information
DISCLAIMER AND IMPORTANT INFORMATION
Slide 3: A Significant Investment Opportunity – The Right Place
A SIGNIFICANT INVESTMENT OPPORTUNITY – THE RIGHT PLACE.
Slide 4: A Significant Investment Opportunity – The Right Commodity
A SIGNIFICANT INVESTMENT OPPORTUNITY – THE RIGHT COMMODITY.
Slide 5: A Significant Investment Opportunity – The Right Time
A SIGNIFICANT INVESTMENT OPPORTUNITY – THE RIGHT TIME. Source: Orocobre Ltd, Nov. 2018 Source: FMC Corp.
Slide 6: Corporate Structure
CORPORATE STRUCTURE. Capital Structure Shares on Issue 129,334,278 Options (Listed: 2,825,000 Options exercisable $0.15, 29 Nov. 2019 GLNOA) 23,941,178 Options exercisable $0.14, 31 Dec. 2019 5,350,000 Options exercisable $0.60, 31 Aug. 2020 Performance Shares GLN Shares Share Price $0.23 Vendor Cla
Slide 7: Highly Experienced Board
HIGHLY EXPERIENCED BOARD. ai Nathan McMahon Non-executive Chairman Has provided tenement management and corporate advice to the mining industry for +25 years. Specialised in native title negotiations, joint venture negotiations and project acquisition due diligence. Joint Managing Director of Cazaly
Slide 8: Hombre Muerto: Tier Location Worldwide for Li Brines
HOMBRE MUERTO: TIER 1 LOCATION WORLDWIDE FOR Li Northern Sal de Vida Market Cap: ~A$30bn BRINES Fenix Operation Market Cap: ~A$1.4bn Sal de Vida Market Cap: ~A$600m 7 Candelas project Market Cap: ~A$30m
Slide 9: Candelas Main Exploration Focus
CANDELAS MAIN EXPLORATION FOCUS 15 km Candelas channel, looking north Diamond drilling at Candelas
Slide 10: Candelas – Geophysics
CANDELAS – GEOPHYSICS Nb; Surface RL inclines from 4030m in the south to 4000m in the north CSAMT Profiles 1-3 - Interpreted model showing lowly resistive brine saturated materials (in purple/blue) with possible dry materials (yellow) & location of drillholes C1 - 5
Slide 11: Candelas Discovery
CANDELAS Discovery Drillhole Highlights… DISCOVERY February 2019 “Preliminary field measurements and laboratory analyses on brine suggests that the Candelas Project has the potential to become a world-class soluble lithium deposit hosted in a unique 143m @ 784 mg/l Li geological setting”. SRK Consul
Slide 12: Western Basin Projects
WESTERN BASIN PROJECTS. Resistivity surveys show similar readings to Candelas channel for Li Brine + Several areas covering margins of the Hombre Muerto salar, includes alluvial fan covered salar targets « Recent resistivity surveys completed over 4 new targets at Hombre Muerto salar; + Initial near
Slide 13: Company Comparisons
COMPANY COMPARISONS LITHIUM BRINES COMPARATIVE TABLE (ASX Co.s) Company Resource Average grade Project Status Preferred LCE (mg/l Li) Processing Route GLN N/A ~700 - 802 JORC resource estimate Under study, PFS due Q3 2019 commencing Q4 2019 AGY 245kt 325 PEA completed, targeting Conventional industr
Slide 14: Impurities – Project Comparisons
IMPURITIES – PROJECT COMPARISONS. OPEX US$/t Argosy - Rincon Zhabuye (China): $5,500 Rincon (AGY): $4,645 (PEA est.) Silver Peak (USA): $4,500 Olaroz (Arg.): $4,200 Hombre Muerto (Arg.) Fenix: $3,500 Sal de Vida: $3,144 (PEA est.) Atacama (Chile): $2,500 Source: Neo Lithium Corp. & other company rep
Slide 15: Achievements and Indicative Next Steps
ACHIEVEMENTS AND INDICATIVE NEXT STEPS
Slide 16: Achievements and Indicative Next Steps
ACHIEVEMENTS AND INDICATIVE NEXT STEPS Tasks CY 2018 CY 2019 CY 2020 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 CANDELAS Geophysics & mapping Drilling Permits Drilling JORC Resource Pre-Feasibility Study Pilot Plant WESTERN TENEMENTS Drilling Permits Drilling JORC Resource
Slide 17: Argentina – A Pro-Mining & Investment Destination
ARGENTINA – A PRO-MINING & INVESTMENT DESTINATION.
Slide 18: Galan Lithium Limited Investment Foundations
GALAN LITHIUM LIMITED INVESTMENT FOUNDATIONS.
Slide 19: Fast Tracking to Lithium Carbonate Production in South America's Lithium Triangle
FAST TRACKING TO LITHIUM CARBONATE PRODUCTION IN SOUTH AMERICA’S LITHIUM TRIANGLE Level 2, 38 Richardson Street, West Perth, WA 6005 PO Box 396, West Perth, WA, 6872 Ph. +61 8 9322 6283 Fax. +61 8 9322 6398 www.galanlithium.com.au ASX:GLN
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