Slide 1: Paradox Lithium Project, USA – Benchmark World Tour
For personal use only Paradox Lithium Project, USA Benchmark World Tour ASX:ASN January 2023
Slide 2: Disclaimer & Important Notice
Disclaimer & Important Notice For personal use only The information contained in this confidential document ("Presentation") has been prepared by Anson Resources Limited (the "Company"). It has not been fully verified and is subject to material updating, revision and further amendment. The Informati
Slide 3: Anson's Strategy – Developing Resources for a Sustainable Future
Anson’s Strategy – Developing Resources for a For personal use only Sustainable Future United States West Australian Portfolio Portfolio Future Facing Commodities Yellow Cat Uranium- Vanadium Hooley Well - Nickel & Cobalt Paradox Lithium Green River Lithium Project Ajana - Zinc, Lead & Silver Julima
Slide 4: Paradox Lithium Project
Paradox Lithium Project For personal use only Direct Production of High Purity Battery Grade Lithium Carbonate JORC Resource >1.5 billion containing 1.04 million tonnes of Lithium Carbonate tonnes of brine Equivalent (LCE) and >5.2 million tonnes of Bromine1 Tier 1 Political, Tax & ideally locat
Slide 5: Corporate Snapshot
Corporate Snapshot For personal use only Share Price Performance (12 months) Overview ASX code ASN 100 0.45 A$ Share Price Issued Capital 1,178 million Millions 90 0.4 Share Price (27 January 2022) A$0.285 80 0.35 Market Capitalization A$336 million 70 0.3 Cash (30 September 2022) A$49.6 million 60
Slide 6: Board and Senior Executive Team
Board and Senior Executive Team For personal use only Board Nicholas Ong Michael van Uffelen, B.Com, CA Company Secretary Bruce Richardson, B.A (Hons) Peter (Greg) Knox, B.Sc. (Geology) Non-Executive Director Nicholas spent seven years as a Executive Chairman and CEO Executive Director Experienced D
Slide 7: Resource Expansion – Eastern Strategy
Resource Expansion – Eastern Strategy For personal use only Anson has successfully delivered on the Eastern Strategy with a second JORC update with total >1Mt of LCE resource Resource expansion drilling at Long Canyon No. 2 and Cane Creek 32-1 targeting additional clastic zones and Mississippian f
Slide 8: Paradox Basin
Paradox Basin For personal use only The Paradox Basin is located within a mature Oil & Gas district providing Anson access to existing well infrastructure and valuable historic data. The Paradox Basin consists of various formations which host large volumes of brines rich in Lithium and Bromine among
Slide 9: Paradox Lithium and Bromine Resource
Paradox Lithium and Bromine Resource For personal use only Brine Grade (ppm) Contained (‘000 t) Formation Clastic Zone Category (Mt) Li Br Li2CO3 Br2 Indicated 47 173 3,054 44 144 Paradox Formation – CZ31 31 Inferred 77 182 2,543 74 195 CZ31 Resource 124 178 2,723 118 339 Paradox Formation – Other 1
Slide 10: Resource Expansion – Western Strategy
Resource Expansion – Western Strategy For personal use only The successful execution of the Western Strategy will support future increases in Lithium Carbonate production. • Anson’s Western Resource Expansion Strategy will target lithium rich brine aquifers within the thick Mississippian units and P
Slide 11: Green River – Extending Potential at Paradox
Green River – Extending Potential at Paradox For personal use only In 2023, Anson staked a second lithium project in Paradox Basin, The Green River Lithium Project. • The Green River Project is located 50 kms northwest of Paradox Lithium Project. • The project consists of 1,251 placer claims, an are
Slide 12: Green River – Key Attractions
Green River – Key Attractions For personal use only The Green River Project includes historic oil & gas wells, drilled into the thick Mississippian units. • Infrastructure already in place – existing rail & road access and utilities abutting project area. • Surveys commenced in preparation for Notic
Slide 13: Anson & Sunresin – A Compelling Partnership
Anson & Sunresin – A Compelling Partnership For personal use only 91.5%1, achieved in pilot scale testing in Utah, USA. 1 Higher Lithium Recoveries Well in excess of recoveries achieved with other DLE processes tested by Anson. 2 Reliable, Longer Resin Life Lithium extraction resin exhibits greater
Slide 14: Sunresin – Commercialized Technology
Sunresin – Commercialized Technology For personal use only • Targeting low cost and the most environmentally friendly production of lithium from brines, a variety of Direct Lithium Extraction (DLE) technologies is being proposed in numerous projects throughout the world. • The commercial viability o
Slide 15: Mine Plan & Project Infrastructure
For personal use only Mine Plan & Project Infrastructure • Permitted production wells planned at Long Canyon to extract brine1 Eluate • Early site works for two production pads completed2 Concentration Lithium Precipitation • Brine transport pipeline to use existing corridors / Membrane – Impurity R
Slide 16: DFS Phase Economics
DFS Phase 1 Economics Expanded Resource delivers For personal use only September 2022 upsized production rate Production Life EBITDA 13,074tpa (Y1-10) 23 years US$ 153m p.a Subsequent Resource Update from Cane Creek presents potential to increase LOM production IRR C1 OPEX1 CAPEX Further potenti
Slide 17: Capital Cost Estimate
Capital Cost Estimate For personal use only • The capital cost estimate includes direct, indirect costs, freight, Capital Item US$m professional services, taxes and contingency. Direct Capital Costs 275.2 • The DLE plant will be supplied and commissioned by Sunresin, Anson’s commercial and strategic
Slide 18: Operating Cost Estimate
Operating Cost Estimate For personal use only Lithium Carbonate Production Year 1-10 (13ktpa) • Operating cost estimates include brine extraction, processing Item US$ per tonne LCE and production of battery grade lithium carbonate. Raw materials 1,188 • FEED process will seek to include previously i
Slide 19: Anson's Funding Strategy
Anson’s Funding Strategy For personal use only Targeting 60% project finance debt Appointed BurnVoir Corporate Finance as financial adviser Debt Strong initial interest from leading international banks, export credit agencies and credit funds Phase 1 DFS Engagement commenced with US Departme
Slide 20: Development Timeline
Development Timeline For personal use only Final Investment Decision targeted in Q2 2023, with first production of battery grade lithium carbonate in 2025. 2022 2023 2024 2025 Milestone Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Resource Update - LC#2 DFS Resource Update - Cane Creek FEED Offta
Slide 21: Bromine Production & Lithium Expansion (Phase 2)
Bromine Production & Lithium Expansion (Phase 2) For personal use only Paradox Project is well placed to supply bromine to the rapidly growing stationary energy storage battery market in the United States, with large resource and proximity to planned major energy storage projects on the east coast o
Slide 22: Thank You
For personal use only Thank You Telephone: +61 478 491 355 Email: info@ansonresources.com Website: www.ansonresources.com Level 1, 35 Outram Street West Perth WA 6005 Australia 22
Slide 23: Competent Person's Statement
Competent Person’s Statement For personal use only Competent Person’s Statement 1: The information in this presentation that relates to exploration results and geology is based on information compiled and/or reviewed by Mr Greg Knox, a member in good standing of the Australasian Institute of Mining