Core Lithium Ltd · ASX:CXO
Core Lithium — Investor Presentation (May 2024)
17 slides from Core Lithium's investor presentation, May 6, 2024
Slide 1: Preparing to Restart
corelithium.com.au For personal use only Preparing to Restart Investor Presentation Doug Warden, Interim CEO 6 May 2024
Slide 2: Important and cautionary notes
corelithium.com.au 2 Important and cautionary notes This presentation has been prepared by Core Lithium Ltd (“Core”, “Company”) and provides a general overview of the Company and its strategy. This presentation does not purport to be all-inclusive or to contain all the information that you or any ot
Slide 3: Corporate Overview
corelithium.com.au 3 Corporate Overview CAPITAL STRUCTURE A$80.4m For personal use only Greg English Cash as at 31 March 2024 Non-Executive Chair BEng (Hons), LLB A$0.14/Share Nil Share Price – 3 May 2024 Debt - 31 March 2024 ASX: CXO Heath Hellewell 2,137M Shares ASX300 INDEX Non-Executive Director
Slide 4: Sustainability
corelithium.com.au 4 Sustainability ✓ Improved water management infrastructure and operability For personal use only Environment ✓ Engagement with local traditional owners to care for country including land management practices – weed, fire and rehabilitation ✓ Strong demonstration of safety perform
Slide 5: FY2024 Interim Highlights
Q2 FY24 Quarterly Update corelithium.com.au 5 FY2024 Interim Highlights Operations Sales & Exploration & Corporate & Sustainability For personal use only Marketing Development Financial 29% increase in lithium recoveries Spodumene concentrate 58% increase in Mineral Resource to: shipped to: Cash bal
Slide 6: Strategic Review of Operations
corelithium.com.au 6 Strategic Review of Operations 85% fall in lithium price resulted in a suspension of mining in January 2024 For personal use only Finniss Operations • Core moved quickly in 2021/22 to successfully get Grants into production in a rising lithium market • Unprecedented fall in the
Slide 7: Core's Strategy
corelithium.com.au 7 Core’s Strategy Prepare to re-start operations and targeted exploration For personal use only Re-commence Lithium Exploration Non-Lithium Exploration Operations Strategy Strategy Increase Napperby uranium resource Objective Restart Grants and prepare BP33 for FID Targeting large
Slide 8: Projects Overview
corelithium.com.au 8 Projects Overview A diverse portfolio of Australian opportunities High Priority FY25 Targets For personal use only Finniss Lithium: • Consists of Grants (mining operation), BP33 (under development), and several prospects that make up a total Mineral Resource of 48.2Mt @ 1.26% Li
Slide 9: Finniss Project 48Mt Mineral Resources
corelithium.com.au 9 Finniss Project 48Mt Mineral Resources Strong track record of growing the Resource base Core's Mineral Resources & Cumulative Exploration Expenditure For personal use only Mt $m 50 100 40 80 30 60 20 40 10 20 0 0 2017 2018 2019 2020 2021 2022 2023 2024 Mineral Resource Explorati
Slide 10: Finniss Project
corelithium.com.au 10 Finniss Project Significant infrastructure in place and well positioned when Li market recovers Grants Operation (Mineral Resource 2.32Mt @ 1.45% Li2O) ¹ BP33 Project (Mineral Resource 10.5Mt @ 1.53% Li2O) ² For personal use only • Crushing and DMS processing facility transitio
Slide 11: FY25 Exploration Program (~$8m total)
corelithium.com.au 11 FY25 Exploration Program (~$8m total) Prospects Commodity Targeted Outcome 24/25 Activities For personal use only • Ah Hoy (Seadog, Flooded, Kelly’s Extension, Rocky Ridge) • Bilatos Trend (Talmina 9W, Saffums 5) • Blackbeard • Mapping and infill soils to target • Identify larg
Slide 12: Finniss Exploration
corelithium.com.au 12 Finniss Exploration • Geophysical and Geochemical surveys conducted over the 2023 season have For personal use only identified five priority lithium targets and one priority gold target in the Finniss project area with the potential to result in the discovery of large-scale dep
Slide 13: Shoobridge Exploration
corelithium.com.au 13 Shoobridge Exploration Lithium (ppm) in Soils - Barretts Gold (ppb) in Soils - Barretts For personal use only • New ‘search space’ - never explored for lithium • Opportunity for discovery in a new mineral field • Historical Sn-Ta workings • Multiple pegmatites on NNW trend • 16
Slide 14: Anningie - Barrow Creek Exploration
corelithium.com.au 14 Anningie - Barrow Creek Exploration • New ‘search space’ - never explored for lithium For personal use only • Large exploration footprint (2,804km2 vs Finniss 575km2) • Demonstrated presence of spodumene at surface at Bismark • Pegmatite fields with numerous historic Sn-Ta work
Slide 15: Napperby Uranium Exploration
corelithium.com.au 15 Napperby Uranium Exploration 8Mlb JORC Resource in highly prospective region • JORC (2012) Inferred Mineral Resource of 9.54Mt @ 382ppm U308 for 8.0Mlb1, all near surface For personal use only • 120km NW of Alice Springs • 714km2 tenement is prospective and largely unexplored –
Slide 16: Gold Exploration
corelithium.com.au 16 Gold Exploration • Core has focussed on lithium exploration on its Finniss tenements, For personal use only however, the Pine Creek Orogen is also well known for its gold prospectivity (>4Moz produced1) • Core has established a strong portfolio of prospective ground in the Pine
Slide 17: Thank you
corelithium.com.au Thank you For personal use only Core Lithium Ltd Level 9, 2 Mill Street Perth, WA, 6000 For further information please contact James Virgo Interim CFO +61 8 8317 1700 info@corelithium.com.au Authorised for release by the Board of Core Lithium Ltd