Lightning Minerals Limited · ASX:L1M
Lightning Minerals — Investor Presentation (February 2025)
33 slides from Lightning Minerals's investor presentation, Feb 7, 2025
Slide 1: Lithium Valley – Brazil
For personal use only Lithium Valley – Brazil Positioned for Growth in One of the Most Prospective Lithium Regions Globally CORPORATE PRESENTATION | JANUARY 2025 ASX : L1M LIGHTNINGMINERALS.COM.AU
Slide 2: Important Notice and Legal Disclaimer
Important Notice and Legal Disclaimer This presentation has been prepared by Lightning Minerals Ltd ACN 656 005 122 (‘Company’) to provide readers No representation or warranty, express or implied, is given as to the fairness, accuracy, completeness, correctness, with background information only to
Slide 3: Capital Structure and Team
Capital Structure and Team For personal use only $0.076 $7.8M $1.9M 103M 57M 46M Share Price (04 Feb 25) Market Cap Cash (31 Dec 2024) Shares on Issue Options Performance Rights Alex Biggs Craig Sharpe Jamie Day MANAGING DIRECTOR INTERIM NON-EXECUTIVE CHAIRMAN NON-EXECUTIVE DIRECTOR Mr Biggs is a Mi
Slide 4: Global Lithium Exploration
Global Lithium Exploration Building Our Presence in the Top Lithium Regions Globally For personal use only Source: www.statista.com 4 ASX : L1M
Slide 5: Breaking the Rules
Breaking the Rules Strong asset base, execution of A Contrarian Viewpoint to Success strategic plan and reliable team make For personal use only L1M a strong 2024 investment case L1M seizes the downturn to secure strategic assets in Minas Gerais, Brazil—positioning for future growth 2022 Thriving Li
Slide 6: We Believe in the Longevity of the Lithium Thematic. And Brazil
We Believe in the Longevity of the Lithium Thematic. And Brazil For personal use only Policy Driven Change Mass Adoption A substantial rise in critical minerals is needed to swiftly By 2035, more than half of new passenger vehicles sold deploy clean energy technologies as per global government world
Slide 7: Brazil: An Emerging Superpower
Brazil: An Emerging Superpower Low-cost jurisdiction with a skilled workforce and a supportive government encouraging investment For personal use only Strong infrastructure and economic stability. EU- Mercosur trade agreement signed in December 2024. $1.92 trillion (2022) → $2.33 trillion (2024, est
Slide 8: Brazil's Competitive Advantage
Minas Gerais - Brazil Brazil’s Competitive Advantage Ordem e Progresso – Order and Progress For personal use only Competitive Advantage Our Benefit Value Proposition and Acquisition Option deals allow for minimal risk with maximum upside Cost and Speed of Works Get answers quickly - spending less ti
Slide 9: Minas Gerais, Brazil: A Lithium Powerhouse
Minas Gerais - Brazil Minas Gerais, Brazil A Lithium Powerhouse For personal use only World’s fifth largest Lithium exporter in 2023 and growing with Lithium Valley being one of the world’s premier Lithium regions Minas Gerais government supporting investment and development through Invest Minas wit
Slide 10: MOU with Brazilian Government
Minas Gerais - Brazil MOU with Brazilian Government Our Partner in Brazil For personal use only Validation of the quality of Lightning Minerals’ assets, team and strategy Reinforces the Government’s commitment to Lithium exploration and the development of a sustainable battery materials sector in Br
Slide 11: The Lithium Valley
The Lithium Valley For personal use only UNDER EXPLORED High Potential for New Discoveries: Substantial exploration potential in the Salinas Formation with clear indicators of Lithium mineralisation based on recent discoveries Phase 1 Exploration: Soil sampling and reconnaissance initiated in July 2
Slide 12: Brazilian Pioneers: A Clear Path to Mining
Minas Gerais - Brazil Brazilian Pioneers: A Clear Path to Mining For personal use only SGML LRS LRS SGML Discovery Discovery Maiden MRE Mining Pre-2017 JAN 2019 MAR 2022 MAY 2022 DEC 2022 DEC 2022 APR 2023 JAN 2025 Discovery Maiden MRE Acquisition Maiden MRE by PLS SGML LTH LTH LRS Sigma Lithium (NA
Slide 13: Esperança, Caraíbas and Canabrava Projects
Minas Gerais - Brazil Esperança, Caraíbas and Canabrava Projects Multiple Emerging Drill Targets For personal use only Location 4,400 Ha in the Eastern Brazilian Pegmatite Province “Lithium Valley” of Minas Gerais 20km south of Pilbara Minerals’ (ASX: PLS) Colina project (70.9Mt @ 1.25% Li2O) and no
Slide 14: Moving Quickly in the Lithium Valley
Minas Gerais - Brazil Esperança, Caraíbas and Canabrava Projects Moving Quickly in the Lithium Valley For personal use only Completion of acquisition of Bengal Mining and A$1.5M June 2024 capital raise at A$0.07 Start of soil sampling and ground reconnaissance works at July 2024 Caraíbas and Canabra
Slide 15: Esperança, Caraíbas and Canabrava Targets
Minas Gerais - Brazil Esperança, Caraíbas and Canabrava Targets Drilling to Begin Q1 2025 For personal use only Esperança Project Caraíbas Project Canabrava Project Up to 2,000m planned (Initial targeting) Up to 1,500m planned (Initial targeting) Meters TBC (Planning underway) Target Target Target S
Slide 16: Priority Drill Targets at Esperança
Minas Gerais - Brazil Priority 1 Drill Targets at Esperança For personal use only Spodumene Discovery - 4.04% Li2O Artisanal workings discovered during ground reconnaissance Significant spodumene discovered grading up to 4.04% Li2O (LIBS)22 Elongate spodumene crystals up to 50cm in length Phase 1 Dr
Slide 17: Priority Drill Targets at Caraíbas
Minas Gerais - Brazil Priority 2 Drill Targets at Caraíbas Peak Lithium in Soil up to 429ppm Lithium For personal use only Peak assay results up to 239ppm Lithium23 (West) and 429ppm Lithium (East)26 Multiple assays >120ppm Lithium (Background levels are ~50ppm Lithium) Multiple flat laying pegmatit
Slide 18: Priority Drill Targets at Canabrava
Minas Gerais - Brazil Priority 3 Drill Targets at Canabrava Positive Phase 1 Soil Sampling For personal use only Peak assay results up to 320ppm Lithium (East) and 113ppm Lithium (West) Multiple assays >60ppm Lithium (Background levels are 40- 50ppm Lithium) Identification of multiple pegmatite outc
Slide 19: Western Australia: The World's Number One Lithium Producer
Western Australia - Australia Western Australia The World’s Number One Lithium For personal use only Producer Represented 47% of the world’s Lithium supply in 2023 Team experienced in Lithium exploration within Australia Well-developed Lithium expertise, infrastructure and project development skills
Slide 20: Dundas Projects
Western Australia - Australia Dundas Projects Two Project Areas For personal use only Located in the emerging Lithium super province in Western Australia, close to major Resource projects and infrastructure Location Northern tenements 30km east of Bald Hill (58Mt at 0.94% Li2O). Southern tenements s
Slide 21: Dundas Results and Further Drill Target Generation
Western Australia - Australia Dundas Results and Further Drill Target Generation For personal use only E63/2001 E63/2000 Initial exploration work identified 28 geophysical targets May 2024 drilling results on E63/2000 demonstrated a continuation of Lithium and rubidium occurrences - up to 994ppm Lit
Slide 22: Quebec, Canada: A Battery Minerals Hub
Quebec - Canada Quebec, Canada A Battery Minerals Hub For personal use only Over 300Mt+ Lithium Resources at high Li2O grades recently defined Team experienced in Canadian exploration, discovery and project growth Strategic location as a North American battery minerals hub 22 ASX : L1M
Slide 23: Dalmas and Hiver Projects
Quebec - Canada Dalmas and Hiver Projects For personal use only Size 69km2 Location 150km east of Patriot Battery Minerals' Corvette Lithium project (ASX:PMT and 45km east of Winsome Resources' Adina Lithium project (ASX: WR1) Plans Phase 1 reconnaissance works complete in November 2023 Targets – br
Slide 24: Timeline of Work
Timeline of Work BRAZILuse only Q1 25 Q2 25 Q3 25 Q4 25 Phase 1 drilling at Esperança Drill target generation Assays from Caraíbas drilling Assays from Canabrava drilling Thesis development Phase 1 drilling at Caraíbas Drill target planning and generation Further Definition drilling personal Drill t
Slide 25: Invest in Lightning
Invest in Lightning WORLD-CLASS ASSETS Strong Asset Base Driving Growth Proven regions in Brazil, Australia, and Canada, near key projects and For personal use only discoveries offering stability and optionality PROBLEM Low Lithium prices and increasing EV demand. Major discoveries require time, tru
Slide 26: For more information contact
For personal use only For more information contact Alex Biggs Managing Director alex@lightningminerals.com.au Authorised by the Board of Directors ASX : L1M LIGHTNINGMINERALS.COM.AU
Slide 27: Appendices
For personal use only ASX : L1M Appendices
Slide 28: Appendix – Other Projects
Appendix 1 – Other Projects For personal use only • Tenement centred 30km east-southeast of Leonora • Jindalee/Newmont JV drilling in 2003 Mailman Hill 120km2 Au • Drilling and sampling up to 2015 provided anomalous results Gold • Directly south of Cavalier Resources' (ASX: CVR) (E37/1408) Crawford
Slide 29: Appendix 2a - Esperança Project Images
Appendix 2a - Esperança Project Images For personal use only Preliminary outcrop mapping at the Esperança Project22 Blacklight (UV 365nm) analysis of VLM207 weathered Spodumene crystals22 29 ASX : L1M
Slide 30: Appendix 2b – Caraíbas and Canabrava Project Images
Appendix 2b – Caraíbas and Canabrava Project Images For personal use only A B C Photograph of sample VLR1269 showing lepidolite Photograph of sample BLR237 Photographic example of workings located within the larger minerals within pegmatite sample showing lepidolite minerals Caraíbas tenement area (
Slide 31: Appendix - Lithium in Soil Results Dundas
Appendix 3 - Lithium in Soil Results Dundas For personal use only Dundas South (E63/2000) Dundas North (E28/3027 and E28/3028) 31 ASX : L1M
Slide 32: Appendix – Dalmas and Hiver Pegmatites
Appendix 4 – Dalmas and Hiver Pegmatites For personal use only Pegmatite containing potential beryl (±Apatite?) mineral within Dalmas Quartz Feldspathic pegmatite Project (Pen lid for scale, 316859mE, 5943604mN, WGS 84/UTMZ19N)16 sample taken from Hiver project (302519mE, 5995547mN, WGS 84/UTMZ19N)1
Slide 33: Appendix – Relevant Announcements
Appendix 5 – Relevant Announcements For personal use only 1ASX announcement 09 February 2023 - Geophysical Interpretation Identifies 28 Target Areas 14ASX announcement 24 January 2024 – Drilling begins on high priority Lithium targets at Dundas 2ASX announcement 23 March 2023 - Lithium Soil Anomaly
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