Slide 1: Mining The Territory Presentation
For personal use only Mining The Territory Presentation September 2019
Slide 2: Important and Cautionary Notes
Important and Cautionary Notes For personal use only The information in this release that relates to metallurgy and metallurgical test work has been reviewed by Mr Noel The mineral tenements of the Company as described in this presentation are at various stages of exploration, and O’Brien, FAusIMM ,
Slide 3: Important and Cautionary Notes
Important and Cautionary Notes For personal use only Cautionary Statement: other things, statements with respect to the pre-feasibility and feasibility studies, the Company’s business strategy, The DFS results are based upon the updated Grants Mineral Resource of 22 October 2018 and the update BP33
Slide 4: The NT's First & Australia's Next Hard Rock Lithium Producer
The NT’s First & For personal use only Australia’s Next Hard Rock Lithium Producer Aerial view of Darwin, the Port of Darwin and the Grants Lithium development Excellent Location with Infrastructure and on Asia’s doorstep 4
Slide 5: Corporate Information
Corporate Information For personal use only Share Price Performance Last Twelve Months Capital Structure (as at 31-Jul-19) $0.07 20m Share Price ~A$0.04 $0.06 Shares on Issue 788.66M $0.05 15m Market Capitalisation A$31.5M $0.04 10m Options and Rights Unlisted 26.15M $0.03 Cash (30 June 19 + LRC roy
Slide 6: Core Board of Directors
Core Board of Directors For personal use only Photo Name & Position Experience ◼ Stephen has 25 years’ experience as a geologist and as an executive in both the mining industry in Australia and internationally ◼ He has applied his Honours Degree in Geology and MBA as the founding Managing Director o
Slide 7: The Journey Toward Production In 2020
The Journey Toward Production In 2020 For personal use only Core’s Project Development and Approvals Progress We are here 2019 2020 2019 Final regulatory approval 2019 NT EPA Secure The assessment process remaining offtake real 2019 Aboriginal Areas completed Project Finance fun 2018 Mineral Lease P
Slide 8: The Global Context
The Global Context The increase in electric mobility globally is powering For personal use only the world’s appetite for lithium • Electric mobility is expanding at a rapid pace. In 2018, the global electric car fleet exceeded 5.1 million, up 2 million from the previous year and almost doubling the
Slide 9: Global Electric Vehicles
Global Electric Vehicles For personal use only Car Sales 2013 – 2018 1 Future Global EV Stock & Sales 1 1Global EV Outlook 2019. International Energy Agency, May 2019 9
Slide 10: Financial Highlights
Financial Highlights For personal use only Definitive Feasibility Study (DFS) Management Case Highlights • Confirms Finniss Lithium Project as robust, high-margin Strong cashflow Rapid payback low-capex, lithium project High cashflow generated over initial Payback <1.5 years from 1st conc.2 project
Slide 11: Finniss Project Spodumene Concentrate
Finniss Project Spodumene Concentrate For personal use only Core’s Finniss Lithium Project is poised to contribute to the global demand with a Northern Territory project uniquely characterised by: ❑ Lower Capex ❑ Lower Transport and Operating Cost ❑ Lower Technical Risk ❑ High Quality / Low Iron Spo
Slide 12: Grants Lithium Project – 1st in line at Finniss
Grants Lithium Project – 1st in line at FINNISS For personal use only Grants Lithium Project – General Layout Grants Lithium Project - DMS Plant High Quality Spodumene Concentrate 12
Slide 13: Low Risk DMS process, High Quality Spodumene Concentrate
Low Risk DMS process, High Quality Spodumene Concentrate Product Quality Processing Plant Conceptual Design For personal use only • Producing 5.5-6.0% Li2O conc. at +70% net recoveries • Concentrate product is “cleaner” than our peers 13
Slide 14: Offtake and Prepayment Agreements
Offtake and Prepayment Agreements For personal use only Offtake, Investment and Product Prepayment with some of China’s Largest Lithium Converters Core has established binding offtake and Key Binding Pre Payment and Offtake Terms prepayment agreement with Yahua and is also in the process of negotiat
Slide 15: Darwin Port Heads of Agreement
Darwin Port For personal use only Heads of Agreement Core has agreement with Darwin Port to ship 250,000tpa of spodumene concentrate Darwin Port is Australia’s nearest port to China East Arm Wharf facilities at Darwin Port are well suited to handle potential future production from Core’s lithium pro
Slide 16: Resource Growth
Resource Growth For personal use only Dollars spent on drilling is proportional to an increase in Resource Tonnes Drill metres = resource tonnes 16
Slide 17: Expanding resources and reserves
Expanding resources and reserves For personal use only The recently completed Definitive Feasibility Study (DFS) clearly showed that additional mine life has a significant upside impact on the economics of Finniss. • Grants Reserves • BP33 PROJECT VALUE • Sandras Resources • Hang Gong • Carlton • Le
Slide 18: Finniss Lithium Project Reserves and Resources
Finniss Lithium Project Reserves and Resources JORC (2012) Resource Table1 For personal use only Resources Ore Grade Contained Deposit Classification Mt LiO2 % LiO2 t Measured 1.09 1.48% 16,100 Indicated 0.82 1.54% 12,600 Grants Inferred 0.98 1.43% 14,000 Total 2.89 1.48% 42,700 Measured - - - Indic
Slide 19: For more information
For personal use only For more information: Core Lithium Stephen Biggins: +618 8317 1700 For broker and media enquiries: Cannings Purple Warrick Hazeldine: +61 417 944 616 Andrew Rowell: +61 400 466 226