Loyal Metals Limited. · ASX:LLM
Loyal Metals — Investor Presentation (May 2023)
41 slides from Loyal Metals's investor presentation, May 8, 2023
Slide 1: Investor Presentation
A LITHIUM LED BATTERY MINERALS AND TECHNOLOGY COMPANY Investor Presentation MAY 2023 ASX:LLI
Slide 2: Disclaimer
DISCLAIMER The material in this presentation has been prepared by Loyal Lithium Ltd (“Loyal Lithium”) and is general background information about Loyal Lithium’s activities current as at the date of this presentation. This information is given in summary form and does not purport to be complete. Inf
Slide 3: Our Mission & Vision
OUR MISSION & VISION MANAGING DIRECTOR - ADAM RITCHIE BEng (hon), MEng, CPEng “Loyal Lithium aims to play a key role in the North American lithium supply chain by building a business that attracts development opportunity, whilst also adding value to communities and shareholders.” “We are passionate
Slide 4: The North American Focus
THE NORTH AMERICAN FOCUS DRIVING TOWARDS DOMESTIC SUPPLY SOLUTIONS “With over 400 million registered vehicles in North America, the demand for electric vehicles (EV) will only increase. The push for domestic sources of raw materials is heavily supported by both the Canadian and United States Governm
Slide 5: 2023 Strategic Business Plan
2023 STRATEGIC BUSINESS PLAN A THREE PRONGED APPROACH 1. Transition We are transitioning to a lithium led battery minerals and technology company Invest – Divest - Rebrand 2. Educate We believe the lithium supply chain is sub optimal and we plan to educate investors on a better way History - Options
Slide 6: Our Transition Is Formalised
OUR TRANSITION IS FORMALISED OUR NORTH AMERICAN LITHIUM PORTFOLIO 11 HIDDEN LAKE LITHIUM PROJECT 2 NWT CANADA TRIESTE LITHIUM PROJECT QUEBEC CANADA SCOTTY LITHIUM PROJECT NEVADA USA BRISK LITHIUM PROJECT QUEBEC CANADA 3 4 6
Slide 7: Hidden Lake Lithium Project
HIDDEN LAKE LITHIUM PROJECT YELLOWKNIFE LITHIUM BELT NORTHWEST TERRITORIES, CANADA
Slide 8: Hidden Lake Lithium Project: Why We Love It
HIDDEN LAKE LITHIUM PROJECT WHY WE LOVE IT - UNDER EXPLORED BUT WELL UNDERSTOOD • 14 lithium spodumene bearing pegmatite outcrops • 4 drill tested with a cumulative strike of 2,250m • Known mineralisation is open along strike and depth • 2,500 ha land position has had limited field mapping conducted
Slide 9: Hidden Lake: Resource Potential
HIDDEN LAKE LITHIUM PROJECT WHY WE LOVE IT – RESOURCE POTENTIAL RESOURCE POTENTIAL Exploration Work MINE Geology PROCESS Mineralogy INFRASTRUCTURE Proximity to Existing 14 Spodumene Baring Pegmatite outcrops • 4 main dykes drill tested Joint Venture • 10 remain under explored HIGHWAY • Minimal field
Slide 10: Hidden Lake: Resource Potential
HIDDEN LAKE LITHIUM PROJECT WHY WE LOVE IT – RESOURCE POTENTIAL RESOURCE POTENTIAL Exploration Work MINE Geology PROCESS Mineralogy INFRASTRUCTURE Proximity to Existing 4 main dykes drill tested with cumulative strike length 2,250m • 10 drill holes conducted to 30-50m vertical to confirm mineralised
Slide 11: Hidden Lake: Mineable
HIDDEN LAKE LITHIUM PROJECT WHY WE LOVE IT - MINEABLE RESOURCE RESOURCE POTENTIALPOTENTIAL Exploration Work 4 main dykes have minable fresh resistive outcropping • Fresh rock due to glacial movements • No oxidised layer MINE Geology • Prominent outcrops PROCESS Mineralogy Significant tonnes at or ne
Slide 12: Hidden Lake: Processing Simplicity
HIDDEN LAKE LITHIUM PROJECT WHY WE LOVE IT – PROCESSING SIMPLICITY RESOURCE RESOURCE POTENTIALPOTENTIAL Exploration Work Mineralogy & Metallurgy fundamentals already understood Mineralogy is simple MINE and consistent with Geology low impurities PROCESS • Spodumene Mineralogy + Quartz + Feldspars •
Slide 13: Hidden Lake: Existing Infrastructure
HIDDEN LAKE LITHIUM PROJECT WHY WE LOVE IT – EXISITING INFRASTRUCTURE RESOURCE RESOURCE POTENTIALPOTENTIAL Exploration Work 65km drive Highway 4 – Hidden Lake to Yellowknife Yellowknife – Capital of NWT population of ~20,000 • Well established workforce and support services • Domestic Airport - dail
Slide 14: Hidden Lake: Team, Partners, Government & Community
HIDDEN LAKE LITHIUM PROJECT WHY WE LOVE IT RESOURCE POTENTIAL RESOURCE POTENTIAL Exploration Work NORTHWEST LOYAL LITHIUM Team & Partners TERRORTORIES Government & Community MINE Geology PROCESS Mineralogy INFRASTRUCTURE THE MARKET Proximity to Existing 14
Slide 15: Hidden Lake Approach
HIDDEN LAKE APPROACH CONCURRENT ONGOING WORKSTREAM 2023 2024 LAND & COMMUNITY • First Nations • Yellowknife Community • Government EXPLORATION • Environmental Baseline • Regulators • Field Mapping • Business Community • Assays • Satellite Imagery • Drilling STUDIES • Resource Modelling • Environment
Slide 16: Hidden Lake Acquisition
HIDDEN LAKE ACQUISITION INVESTOR INSIGHTS In November 2022, Li-FT Power (CSE: LIFT; FSE: WS0) acquired a portfolio of 14 spodumene pegmatites in the Yellowknife region in an all-scrip deal valued at ~CAD$155m.4 Loyal Lithium acquired the Hidden Lake Lithium Project from two independent parties predo
Slide 17: What's Next
WHAT’S NEXT PROSPECTUS FOR RECOMPLICANCE PURPOSES If completed, the Acquisition will result in a formal change of nature for the Company, from a gold exploration company to a lithium exploration and development company. Accordingly, in order to effect the Acquisition, the Company will, inter alia, b
Slide 18: Trieste Lithium Project
TRIESTE LITHIUM PROJECT JAMES BAY LITHIUM DISTRICT QUEBEC, CANADA
Slide 19: Trieste Lithium Project
TRIESTE LITHIUM PROJECT JAMES BAY LITHIUM DISTRICT ✔ Drilling Success Next door at Winsome Resources’ (ASX: WR1) Adina Project only 14km east along strike ✔ LLI is the largest land holder in the Trieste Greenstone Belt ✔ Extensive historical data via acquisition ✔ High value targets identified via m
Slide 20: Trieste: Drilling Success Next Door
TRIESTE LITHIUM PROJECT DRILLING SUCCESS NEXT DOOR ALL EYES ON THE TRIESTE GREENSTONE BELT ASX Announcement - 27 March 2023 1 - Refer to 31 Sept 2022 - Winsome Resources Limited ASX Announcement “With extensive desktop and airborne work now conducted; entitled Exceptional High Grade Lithium Assays f
Slide 21: Trieste: Multiple High Value Targets Identified
TRIESTE LITHIUM PROJECT MULTIPLE HIGH VALUE TARGETS IDENTIFIED Spodumene Spectral Band used 3 distinct groupings of high-value targets High-value targets identified correlate with known At the eastern extension of the greenstone. These targets lithium-bearing pegmatites at Winsome Resources’ (ASX: p
Slide 22: Trieste: Winter Work Leads to 12-Week Field Program
TRIESTE LITHIUM PROJECT WINTER WORK LEADS TO 12-WEEK FIELD PROGRAM REGIONAL & LOCAL GEOLOGY REVIEW HIGH RES MAGNETIC SURVEY 11 2 HISTORICAL DATA REVIEW MULTI SPECTRAL 3 OUTCROPPING GEOCHEMISTRY TILL SAMPLES 4 22
Slide 23: Trieste: Field Program Prepared
TRIESTE LITHIUM PROJECT PRIORITISED AND COMPRAHENSIVE FIELD PROGRAM PREPARED 12-WEEK PROGRAM – STARTING JUNE 2023 • High Value Zones Identified prioritised • DGC engaged as field contractor • 9 field staff in total secured • Comprehensive 1,720 samples planned • 750 Rock chips samples • 970 Till sam
Slide 24: Scotty Lithium Project
SCOTTY LITHIUM PROJECT NEVADA, USA
Slide 25: Nevada Lithium Is Alive
NEVADA LITHIUM IS ALIVE PRESIDENT BIDEN’S INFLATION REDUCTION ACT Nevada lithium is poised to be a significant part of global lithium supply, underpinned by President Biden’s Inflation Reduction Act, which supports and encourages locally sourced critical minerals. Recent regional industry catalysts
Slide 26: Scotty: Drilling Has Reached Halfway
SCOTTY LITHIUM PROJECT DRILLING HAS REACHED HALFWAY • Consistent large intervals of sedimentary clays intersected from near surface to 170m vertical depth. • Drilling to date has confirmed the MT implied sediment basin in northern region. • The sonic drill rig used has met or exceeded expectations f
Slide 27: Scotty: Drilling Validates MT Interpretation
SCOTTY LITHIUM PROJECT DRILLING VALIDATES MT INTERPRETATION ASX Announcement - 20 March 2023 “If mineralised, the Target 2 sedimentary basin would indicate a significant quantity of lithium sediments. The implied basin geometry could also support traditional mining methods and we look forward to the
Slide 28: Scotty: A Substantial Sedimentary Target
SCOTTY LITHIUM PROJECT A SUBSTANTIAL SEDIMENTARY TARGET FOR LOYAL LITHIUM
Slide 29: Scotty: Sediments Are In Play
SCOTTY LITHIUM PROJECT SEDIMENTS ARE IN PLAY * Bonnie Claire Mineral Resource Estimate "Bonnie Claire appears to be a new type of deposit that has lithium compounds like lithium carbonate and lithium salts deposited within the fine grain clay, silt, and sand pore space. Although most of the sediment
Slide 30: Brisk Lithium Project
BRISK LITHIUM PROJECT JAMES BAY LITHIUM DISTRICT QUEBEC, CANADA 30 30
Slide 31: Brisk Lithium Project
BRISK LITHIUM PROJECT JAMES BAY LITHIUM DISTRICT Six prospects over 98.5km2 host to several known pegmatite outcrops ✔ Hard Rock Capital (of North America) ✔ In-Country Geo Partner (DG Resource Management) ✔ Downstream Battery Corridor (demand at doorstep) Quebec Canada 31
Slide 32: Brisk: Six Prospects – 98.5km2
BRISK LITHIUM PROJECT SIX PROSPECTS – 98.5km2 • Brisk Lithium Project is located due west of Winsome Resources’ Cancet Project, on trend with Cancet and Corvette. • Located within close proximity to the La Grande Complex (hydroelectric) and associated infrastructure, including the all-weather Trans-
Slide 33: Brisk: Inaugural Exploration Program
BRISK LITHIUM PROJECT INAUGRUAL EXPLORATION PROGRAM One day was assigned to each of the 6 areas to traverse the initially identified targets on foot, collect rock chips (every ~1km) and conduct a high-level geological assessment Highlights • More pegmatite outcrops than originally anticipated at Are
Slide 34: Brisk: 2023 Work Plan Determined
BRISK LITHIUM PROJECT 2023 WORK PLAN DETERMINED Complete field mapping in Areas 1, 2 & 3 • Conduct field mapping programs on the southeast of Area 1 and prospective portions of Areas 2 and Area 3 that were not covered in the 6-day inaugural field program Area 1 additional detailed field traverses •
Slide 35: Contact
CONTACT Adam Ritchie Chief Executive Officer aritchie@loyallithium.com Jane Morgan Investor & Media Relations jm@janemorganmanagement.com.au +61 (0)405 555 618 ASX:LLI loyallithium.co m
Slide 36: Lithium Resource Types – Apples for Apples
APPENDIX LITHIUM RESOURCE TYPES – APPLES FOR APPLES (%Li) 36
Slide 37: Lithium Resource Types – Take Aways
APPENDIX LITHIUM RESOURCE TYPES – TAKE AWAYS Apples for Apples All Low In-situ %Li All 3 are in Play Lithium resources are often The 3 main lithium resource types Recent market trends puts all quoted with different metrics, are created by magma formations resource types into play: – directly or indi
Slide 38: Favourable Host Rock Conditions
APPENDIX FAVOURABLE HOST ROCK CONDITIONS The Archean Age 2640-2660Ma The Creation of Pegmatites Brisk has 2687/2690Ma host rocks. The intrusions where pegmatites are derived take 10s Ma to solidify allowing enough time for incompatible elements, like Lithium, to concentrate and migrate into intrusio
Slide 39: Lithium Supply Chain: We Know It
APPENDIX LITHIUM SUPPLY CHAIN: WE KNOW IT AND KNOW WHERE TO DRAW THE LINE Our aim is to capture as much value as possible without meddling with the evolving OEM specifications (purity and cathode chemistry) 39
Slide 40: Lithium Is Now Political
APPENDIX LITHIUM IS NOW POLITICAL The Inflation Reduction Act conditions the two-part credits on a certain percentage of materials used in a vehicle’s batteries being extracted, processed, manufactured and/or assembled in the US or in certain US-allied countries for example Australia & Canada. • To
Slide 41: In Country Geological Partners
APPENDIX IN COUNTRY GEOLOGICAL PARTNERS DG Resource Management are geological project generators with a unique perspective on mineral exploration that has resulted in numerous grass roots discoveries across multiple commodities, including lithium, REE’s, uranium and specialty metals. DG Resource Man