Slide 1: Exploration to production to power a clean energy future
For personal use only Exploration to production to power a clean energy future Benchmark Minerals - EV Fest 2 June 2021
Slide 2: Disclaimer
DISCLAIMER 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 Information many not be distributed to others at a
Slide 3: Corporate Summary
CORPORATE SUMMARY Overview § Proven track record of 13 years in exploration, Board For personal use only ASX code ASN Bruce mining and production in public and private Richardson, B.A companies. Issued capital 894.3m (Hons) – § >30 years of international business experience, Options on issue: Execut
Slide 4: Investment Opportunity Highlights – Advanced Development Project
INVESTMENT OPPORTUNITY HIGHLIGHTS – ADVANCED DEVELOPMENT PROJECT § Focused on developing the Paradox Brine Project - brine containing Li, Br, I & B For personal use only ü Stage 1 15ktpa NaBr PEA estimates NPV of $416m, after tax IRR 33%1 ü Stage 1 15ktpa NaBr & 2.5ktpa LCE NPV of $451m after tax IR
Slide 5: PEA – Stage 1, 15ktpa NaBr & 2,500t Li2CO3
PARADOX BRINE PROJECT: PEA – STAGE 1, 15KTPA NABR & 2,500MT LI2CO3 For personal use only 20 years After-tax NPV7 Unlevered After- Annual Revenue Annual EBITDA CAPEX US$177m US$5,280/t NaBr US$451m tax IRR 31% US$126m US$88m US$13,000/t LCE Resource Category Clastic Zone Brine Tonnes Contained (‘000t
Slide 6: Li Unconventional Resource and Process
PARADOX BRINE PROJECT: LI UNCONVENTIONAL RESOURCE AND PROCESS § Located in Utah, USA in the Paradox Basin For personal use only § Brine to be extracted from 6,500 feet § Not from and oil and gas horizon, but from a salt clastic level § Brine flows to the surface under its own pressure and does not r
Slide 7: Major Advantages
PARADOX BRINE PROJECT: MAJOR ADVANTAGES For personal use only § Total combined Federal & State ground 95 square kilometers § 1,084 Bureau of Land Management (BLM) federal government unpatented placer claims § 2 State of Utah mineral lease, 3 SITLA sections & 80 acres partial section. § 3 State of Ut
Slide 8: Infrastructure in Place
PARADOX BRINE PROJECT: INFRASTRUCTURE IN PLACE § 150,000sqkm (35 acres) For personal use only industrial lease for processing plant site 30km from extraction wells secured § Existing pipeline corridor from wells to site being used for the transport of gas to be used by Anson for the transport of bri
Slide 9: Br/Li Flow Sheet
PARADOX BRINE PROJECT: BR/LI FLOW SHEET For personal use only § Production of multiple products leverages common costs and infrastructure § Utilizes direct lithium extraction removing the need for evaporation ponds § Process generates by products that required in the process including chlorine and H
Slide 10: Battery Test Work
PARADOX BRINE PROJECT: BATTERY TEST WORK For personal use only § 99.9% purity Li2CO3 electrochemical behaviour performance exceeded commercial battery grade lithium-ion batteries § LiOH.H2O demonstrated similar performance to existing commercial products § Test work conducted by end-users confirmed
Slide 11: Next Steps - Partnership Development
PARADOX BRINE PROJECT: NEXT STEPS - PARTNERSHIP DEVELOPMENT For personal use only • With the completion of the final stage of test work by Novonix, potential business partnerships will be advanced including with offtake buyers and end users. • Initial focus is on lithium and bromine/NaBr ASX: ASN 11
Slide 12: Next Step Stage NaBr & Li Plant Design
PARADOX BRINE PROJECT: NEXT STEP STAGE 1 NABR & LI PLANT DESIGN • Engineering has For personal use only commenced through a Preliminary Feasibility Study, expected to be completed in Q2 2021 • The PFS will provide more accuracy in costs to support financing efforts • Lithium Carbonate PFS to follow
Slide 13: Next Step – Increase Resource Estimates
PARADOX BRINE PROJECT: NEXT STEP – INCREASE RESOURCE ESTIMATES • Significant potential exist for the increase & For personal use only upgrade the JORC estimates for the project • Applications have been lodged and are being considered by the BLM for the re-entry of two wells in the western area of th
Slide 14: Exploration
PARADOX BRINE PROJECT: EXPLORATION § Review of historical drilling data confirms a massive, supersaturated brine aquifer in the Mississippian Leadville Limestone within the For personal use only Paradox Project claims at approx. 8,000 ft. Leadville Limestone Porosity Density Brine Li Grade Li (Tonne
Slide 15: Thank You - Contact Anson
Thank You - Contact Anson For personal use only Telephone: +61 478 491 355 Email: info@ansonresources.com Website: www.ansonresources.com Level 1, 35 Outram Street West Perth WA 6005 Australia
Slide 16: Competent Persons' Statements
COMPETENT PERSONS’ STATEMENTS 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 and Metallurgy. Mr Kn