Noram Lithium Corp · TSXV:NRM
Noram Lithium — Investor Presentation (February 2022)
24 slides from Noram Lithium's investor presentation, February 2022
Slide 1: Corporate Presentation February 2022
Preliminary Economic Assessment December 2021 ü US $1.299 Billion NPV (8%) After-Tax ü 31% IRR ü 40 Year Mine Life Corporate Presentation February 2022 TSXV: NRM | OTCQB: NRVTF | FRA: N7R
Slide 2: Forward Looking Statements
Forward Looking Statements This presentation contains "forward-looking information "with in the meaning of Canadian securities legislation. All information contained here in that is not clearly historical in nature may constitute forward-looking information. Generally, such forward-looking informati
Slide 3: Corporate Overview & Investment Highlights
Corporate Overview & Investment Highlights • 100%-control (no NSR’s) of its flagship high-grade Zeus Lithium project in Nevada • Recently updated Lithium 43-101 Mineral Resource* - August 2021: o 1.8 MT lithium carbonate equivalent (LCE) measured & indicated o 3.9 MT LCE inferred • Preliminary Econo
Slide 4: Zeus Project Quick Facts, Recent Milestones and Next Steps
Zeus Project Quick Facts, Recent Milestones and Next Steps Quick Facts Recent Milestones • Located in Clayton Valley, Nevada Recently updated Lithium 43-101 Mineral Resource* - August 2021: • Next to extensive infrastructure including power and • Measured & Indicated: 363 MT at 923 ppm lithium (400
Slide 5: Management & Directors
Management & Directors Anita Algie Chair & CFO Anita brings over 15 years of experience in management, listings, compliance, corporate structure and development as well as mergers and acquisitions for exploration and resource based public companies. She is the former President & CEO of Unity Metals
Slide 6: Management & Directors
Management & Directors Arthur Brown Director Art brings 36 years of business experience to Noram’s board. He has served on the boards of eight other companies in sectors ranging from technology to oil & gas and mineral exploration. Art understands all the aspects and requirements a public company ha
Slide 7: Capital Structure
Capital Structure Capital Structure June 1 to February 1, 2022 TSXV: NRM | OTCQB: NRVTF | FRA: N7R 0.9 $1.10 NRM Share Price (12/01/21) $0.92 0.8 $1.00 Market Cap (12/01/21) $69 M 0.7 $0.90 Cash & Cash Equivalents1 $2.9 M 0.6 Shares Issued 74.4 M 0.5 $0.80 In Millions 0.4 $0.70 Options 7.3 M 0.3 War
Slide 8: Corporate Timeline: 2016 to 2021
Corporate Timeline: 2016 to 2021 April 2016 - Makes initial property February 2019 - Files updated resource estimate March 2021 - Arranges non-brokered, strategic 2.3M acquisitions in Clayton Valley, both North and based on 60 drillholes which resulted in a new financing obtaining ample capital to c
Slide 9: Zeus Property – Strategic US Location
Zeus Property – Strategic US Location ZEUS Tesla Lithium Ion Battery (LIB) Gigafactory, Adjacent to only Lithium Producer in United States: Location of the Zeus claim outline and 30 km east of Reno, Nevada: Albemarle's Silver Peak Operation drilling collars. 500,000 LIB/year in 2020 Lithium brine pr
Slide 10: Zeus Lithium Claystone Deposit - New Resource Estimate
Zeus Lithium Claystone Deposit - New Resource Estimate* Measured & Indicated Resources: Large Increase in Tonnage • 363 MT at 927 ppm lithium Million Li Grade Li Cutoff LCE LCE • 1.8 MT lithium carbonate equivalent (LCE) a 60% increase Tonnes (MT) (ppm) (ppm) (MT) % Increase Feb-20 213 976 300 1.11
Slide 11: Zeus Plan View Grades vs Cutoff at 400ppm
Zeus Plan View Grades vs Cutoff at 400ppm Plan view of lithium grades Plan view of the resource classifications at the 400 ppm Li cutoff TSXV: NRM | OTCQB: NRVTF | FRA: N7R 11
Slide 12: Zeus Robust Preliminary Economic Assessment
Zeus Robust Preliminary Economic Assessment* US $9,500/tonne 40 Year Base Case LCE Price Mine Life US $1.299 B Post – Tax @ 8% Discount 17,000 TPD 3.23 Years Operating Rate Payback Period US $3,355/t US $528 M Operating Cost CAPEX 31% Post – Tax Internal Rate of Return US $12.14 B 31,900 tonnes Life
Slide 13: Projects Economics – NRM vs CYP
Projects Economics – NRM vs CYP Noram Lithuim Corp. Cypress Development Corp. (TSXV: NRM) – “PEA” (TSXV: CYP) – “PFS” NPV (8%) $1.299 billion $1.03 billion IRR 31% 25.8% Base Case Lithium Carbonate US$ 9,500 US$ 9,500 Payback Period 3.23 Years 4.4 Years Operating Rate 17,000 TPD 15,000 TPD Operating
Slide 14: Project Design Assumptions – NRM vs CYP
Project Design Assumptions – NRM vs CYP Noram Lithuim Corp. Cypress Development Corp. (TSXV: NRM) – “PEA” (TSXV: CYP) – “PFS” Operating rate of 17,000 tpd Operating rate of 15,000 tpd • 6.2 million tpy mill feed • 5.5 million tpy mill feed @ @ 1093 ppm Li 1100 ppm Li • 40-year mine life • 40-year mi
Slide 15: PEA Metrics: NRM vs Peers
PEA Metrics: NRM vs Peers Noram Cypress Bacanora Frontier European Ioneer Piedmont Lithium Galan Lithium Development Lithium Lithium Metals Ltd Lithium Americas Lithium Clayton Rhyolite Hombre Zeus Sonora PAK Cinovec Carolina Thacker Pass Valley Ridge Muerto LiCO3 LiCO3 LiCO3 LiOH LiOH LiOH/Boric Li
Slide 16: PEA Metrics: NRM vs OPEX Cost Curve
PEA Metrics: NRM vs OPEX Cost Curve LCE Cost Curve 2025 Noram Note*: PEA OPEX US$3,355/t *Preliminary Economic Assessment Zeus Project, December 2021 ABH Engineering) As of November 30, 2021 TSXV: NRM | OTCQB: NRVTF | FRA: N7R 16
Slide 17: M&I Resource vs. Global Lithium Deposits
Strong Value Proposition M&I Resource (KT LCE) vs. Global Lithium Deposits 16,000 14,000 13,700 M&I Resource (KT LCE) 12,000 11,000 10,000 Noram Note Based on Existing M & I 1.78 MT LCE 8,800 8,837 Resources; 3.89 MT currently in Inferred 8,000 for potential upgrade in 2022 6,000 6,000 5,370 4,350 4
Slide 18: Market Capitalization vs. Global Lithium Developers
As of December 3, 2021 Market Capitalization (US$M) Source: Company public filings 500 0 1,000 1,500 2,000 2,500 3,000 3,500 4,000 4,500 22 Bearing 55 Noram 86 European Lithium European Metals 133 Cypress Development 177 Strong Value Proposition Critical Elements 224 Frontier Lithium 314 Bacanora Li
Slide 19: Corporate Summary and Going Forward
Corporate Summary and Going Forward Corporate Quick Facts Recent Milestones • 100%-control (no NSR) of its flagship high-grade Zeus Lithium project in Nevada Recently updated Lithium 43-101 Mineral Resource* - August 2021: • Experienced management in engineering, geology, and capital markets • Measu
Slide 20: US Lithium – Critical Mineral as per US Government
US Lithium – Critical Mineral as per US Government • United States Government designated Lithium as a “Critical Mineral” of strategic importance in December 2017 • Executive Order 13817 – A federal Strategy to Ensure, Secure and Reliable Supplies of Critical Minerals • “Critical Mineral” designation
Slide 21: Lithium Market: Supply and Demand
Lithium Market: Supply and Demand Lithium Demand for Lithium-ion Batteries (tonnes) Lithium Supply Forecast (tonnes LCE) Over 900% increase Forecasted driven by electric vehicle supply adoption deficit Source: Web and public peer presentations. TSXV: NRM | OTCQB: NRVTF | FRA: N7R 21
Slide 22: Market Opportunity
Market Opportunity Rapid EV adoption and the move toward green energy is driving lithium demand Lithium Needed Per Vehicle Global Passenger Sales Tesla S • 3.1 million EVS were sold in 2020, 4.7% of new passenger cars • EV sales will continue to rise, reaching 48% of passenger car sales by 2030 18-6
Slide 23: US Lithium Market – Future Demand Outpacing Supply
US Lithium Market – Future Demand Outpacing Supply US Department of Energy National Blueprint for Lithium Batteries 2021 – 20301 • Secure access to raw materials for lithium batteries. • Establish a program to increase domestic processing and production of critical battery materials. • Demand from U
Slide 24: Contact
Contact Suite 2150 – 555 West Hastings Street Vancouver, BC V6B 4N6 Canada www.noramlithiumcorp.com Peter A. Ball President & COO peter@aristoncapitalcorp.com 778.344.4653 TSXV: NRM | OTCQB: NRVTF | FRA: N7R 24
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