Liontown Limited · ASX:LTR
Liontown — Liontown Resources — Investor Presentation (May 2016)
24 slides from Liontown's investor presentation, May 24, 2016
Slide 1: May 2016 Investor Presentation
For personal use only May 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 report that relates to the Exploration Results for the Bynoe Project is extracted from the ASX announcements entitled “Liontown expands lithium portfolio with acquisition of Bynoe lithium-tantalum
Slide 3: Corporate Overview
Corporate Overview For personal use only ASX Code LTR Board of Directors Shares on Issue ~670 million TIM GOYDER – Non-Executive Chairman +30 years experience, MD – Chalice Gold, Chairman – Uranium Equities Market Capitalisation ~$16.8 million (at 2.5cps) DAVID RICHARDS – Managing Director Tim Goyde
Slide 4: Why Lithium?
Why Lithium? • Fundamentals aligned For personal use only • Supply shortfall due to lithium batteries • Already seen in actual price performance with high prices forecast to continue • An increasingly critical metal Commodity Price (Lithium Carbonate 99% China) 20 14 Source – Goldman Sachs (April 20
Slide 5: Investment Highlights
Investment Highlights • Bynoe Lithium-Tantalum Project (Northern Territory) For personal use only • Rights to 100% (acquired February/March 2016) • ~88km2 tenement package near Darwin containing an extensive pegmatite field with lithium mineralisation reported from a number of prospects • Drill read
Slide 6: Key Projects
Key Projects Bynoe (NT, Australia) For personal use only • Acquired February 2016 • >60 pegmatites identified • Spodumene mineralisation confirmed Mohanga (Tanzania) • Acquired November 2015 • Significant greenfields pegmatite field • High-grade lithium and tantalum from initial sampling Jubilee Ree
Slide 7: Bynoe Lithium-Tantalum Project
Bynoe Lithium-Tantalum Project • Acquired in February 2016 For personal use only • Comprises ~88km2 tenement package near Darwin, Northern Territory – good infrastructure • Historical exploration (Greenbushes/Talison) and NTGS mapping has identified >60 pegmatites within project area • Previous expl
Slide 8: Bynoe Lithium-Tantalum Project: Priority Targets
Bynoe Lithium-Tantalum Project Previous exploration for lithium limited and ineffective For personal use only 10 large, lithium-prospective pegmatite targets defined including: • Hang Gong >390m long, up to 60m wide at surface Weathered spodumene observed Very high grade tin and tantalum inter
Slide 9: Bynoe Lithium-Tantalum Project/Hang Gong
Bynoe Lithium-Tantalum Project/Hang Gong For personal use only • High grade Sn/Ta mineralisation from 1995 Greenbushes RC drilling* Weathered spodumene 2m @ 1.6% Sn, 0.06% Ta2O5, 11m @ 7.3% Sn, 0.27% Ta2O5, 3m @ 2.5% Sn, 0.17% Ta2O5 * See Appendix 1 for full drill hole listing 9 Multi-commodit
Slide 10: Bynoe Lithium-Tantalum Project/Sandra's Trend
Bynoe Lithium-Tantalum Project/Sandra’s Trend For personal use only Sandra’s Soil Anomaly 1,000m (>50ppm Li) 10 Initial drill targets defined; significant exploration upside in immediate area
Slide 11: Bynoe Lithium-Tantalum Project Highlights
Bynoe Lithium-Tantalum Project Highlights For personal use only • Liontown’s land position covers central part of Bynoe pegmatite field* • >60 pegmatites documented* on LTR tenure • Initial reconnaissance confirms spodumene mineralisation • 10 priority targets defined for maiden drilling program • G
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 (up to 4.93% Li2O, 0.19% Ta2O5) Bynoe (NT, Australia) • Acquired February 2016 • >60 pegmatites identified • Spodumene mine
Slide 13: Mohanga Lithium Tantalum Project
Mohanga Lithium Tantalum Project • Rights to contiguous ~180km2 ground package For personal use only • Opportunity identified as a result of Liontown’s +5 years experience operating in Tanzania (see Appendix 2 for country overview) • Located in central Tanzania, ~40km N of the capital Dodoma • Virtu
Slide 14: Mohanga - A World-Class Address
Mohanga - A World-Class Address • South-eastern portion of Archaean Tanzanian For personal use only 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 h
Slide 15: Mohanga – Phase Trenching and Mapping
Mohanga – Phase 1 Trenching and Mapping For personal use only Multiple prospects and high grade mineralisation defined within 11km by 2km 15 pegmatite field
Slide 16: Mohanga: High-grade Trenching Results
Mohanga: High-grade Trenching Results For personal use only Poorly exposed pegmatites – Anomalous Ta2O5 (up to 200ppm) in rock chips Interpreted trend of Ipata pegmatite Up to 4.1m @ 4.9% Li2O and 1,862ppm Ta2O5 Possible extension (>1km) to Ipata Pegmatite defined by mapping – further 16 trenching i
Slide 17: Mohanga Lithium Tantalum Project Highlights
Mohanga Lithium Tantalum Project For personal use only Highlights • Mapping defines 11km by 2km area containing multiple lithium-tantalum prospective pegmatites. • Potential strike extensions defined at known prospects. • Number of new target areas identified. • Emphasis on defining lithium/tantalum
Slide 18: 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 • >60 pegmatites identified • Spodumene mineralisation confirmed Jubilee Ree
Slide 19: Jubilee Reef – Inferred Resources (2012 JORC)
Jubilee Reef – Inferred Resources (2012 JORC) Total For personal use only • Inferred - ~8.5Mt @ 1.4g/t gold • ~390,000oz • 0.7g/t gold lower cut • JORC 2012 Simba – 3D view of mineralised lodes (looking NNE) Simba • Inferred - ~7.4Mt @ 1.4g/t gold • ~320,000oz Panapendesa • Inferred - ~1.1Mt @ 2g/t
Slide 20: Simba – Large Granite-hosted Gold System
Simba – Large Granite-hosted Gold System • Drill results include: For personal use only • 21m @ 4.7g/t Au • 23m @ 2.9g/t Au • 54m @ 2.6g/t Au • 29.7m @ 3.2g/t Au • Multiple mineralised zones • Large scale, shallow system • Exploration upside open along strike Drill hole plan superimposed on magneti
Slide 21: Key Reasons to Invest in Liontown
Key Reasons to Invest in Liontown 1. Significant lithium-tantalum projects secured in For personal use only Australia and Tanzania 2. Drill ready targets at Bynoe and encouraging early results at Mohanga 3. Reviewing other opportunities in lithium – exposure to a promising growth commodity 4. Exposu
Slide 22: 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
Slide 23: Appendix 1: Hang Gong RC Drilling (1995)
Appendix 1: Hang Gong RC Drilling (1995) For personal use only Significant Ta2O5 (>500ppm) Significant Sn (>0.25%) HOLEID EAST NORTH RL DEPTH (m) Dip Azimuth Date From To Interval Grade (ppm) From To Interval Grade (%) BEC032 694511 8598389 30 30 -60 90 6/07/1995 No significant assays No significant
Slide 24: Appendix 2: Tanzania Overview
Appendix 2: Tanzania Overview For personal use only • Tanzania has established mining industry – 3rd largest gold producer in Africa • Significant uranium, rare earth, graphite and coal reserves • Fraser Institute Rating – 8th most attractive out of 30 African countries • 30% corporate tax & 4% roya
Liontown Resources — Investor Presentation (May 2016) on 6ix