Lithium Plus Minerals Ltd. · ASX:LPM
Lithium Plus Minerals — Investor Presentation (October 2022)
27 slides from Lithium Plus Minerals's investor presentation, Oct 19, 2022
Slide 1: Australian Lithium for a Clean Energy Future: Investor Presentation
For personal use only AUSTRALIAN LITHIUM FOR A CLEAN ENERGY FUTURE Investor Presentation OCTOBER 2022 ASX | LPM
Slide 2: Important Information
Important INFORMATION Forward Looking Statements Certain statements contained in this presentation, including information as to the future financial or operating performance of Lithium Plus Minerals Ltd (“Lithium Plus”) and its projects, are forward looking statements. For personal use only Such for
Slide 3: High Impact Lithium Exploration
For personal use only HIGH IMPACT LITHIUM EXPLORATION DARWIN Focused on five projects within two highly prospective areas BYNOE FINNISS WINGATE Bynoe PROJECT AREA BYNOE | Flagship project, neighbouring Core Lithium’s Finniss Project WINGATE | Known pegmatite district, limited historic exploration Ar
Slide 4: Corporate Snapshot
Corporate SNAPSHOT For personal use only Register composition Capital structure | ASX:LPM 9% Share price1 A$0.73 43% SUZHOU CATH ENERGY Total shares on issue2 97.00M TECHNOLOGIES 9% IN PARTNERSHIP Market capitalisation A$70.81M WITH 48% Cash3 A$9.10M STRATEGIC CORNERSTONE INVESTOR WITH IPO Debt3 A$0
Slide 5: Actively Drilling
Actively DRILLING For personal use only ▪ Focus on key Bynoe Lithium Project ▪ Two rig, dual-phase exploration program − 10,000 metres of RC drilling − 1,800 metres of diamond drilling ▪ Phase 1 program targeted Lei and Cai Prospects with high grade spodumene mineralisation confirmed1 ▪ RC rig reloc
Slide 6: Phase 1 Success
Phase 1 SUCCESS For personal use only ▪ Significant extensional intersections of high- grade spodumene mineralisation including1: – 11.0m @ 1.48% Li2O from 196m and 17.8m @ 1.40% Li2O from 217m (BYLDD001) – 11.0m @ 1.03% Li2O from 173m and 13.0m @ 1.31% Li2O from 192m (BYLDD023) – 14.0m @ 1.21% Li2O
Slide 7: Investment Highlights
Investment HIGHLIGHTS For personal use only 1 Premier project location NEXT TO CORE LITHIUM’S FINNISS MINE DEVELOPMENT AND 45KM FROM DARWIN 2 Outstanding geological prospectivity PHASE 1 DRILLING CONFIRMS HIGH GRADE Li2O 3 Aggressive drilling program TARGETING DEFINITION OF A SUBSTANTIAL MAIDEN RESO
Slide 8: Premier Project Location
1 Premier project LOCATION NEXT TO CORE’S FINNISS MINE DEVELOPMENT AND 45KM FROM DARWIN For personal use only ▪ Australia is a prolific mining nation, built on a history of safe, stable mineral extraction ▪ Strategically positioned 45km from Darwin Port being Australia's nearest port to Asia and gat
Slide 9: Outstanding Geological Prospectivity
2 Outstanding geological PROSPECTIVITY PHASE 1 DRILLING CONFIRMS HIGH GRADE LI2O For personal use only BYNOE ▪ Two project areas, containing 19 granted exploration licences (and additional 3 exploration licences under application), across more than 1,690km2 of tenure ▪ Flagship Bynoe Project returne
Slide 10: Aggressive Drilling Program
3 Aggressive DRILLING PROGRAM SUBSTANTIAL PLANNED PROGRAM OF EXPLORATION WORKS For personal use only Q2 Q3 Q4 Q1 ACTIVITY CY22 CY22 CY22 CY23 ASX LISTING DRILLING DEEP GROUND PENETRATING RADAR SOIL SAMPLING MAGNETICS RESOURCE EVALUATION Targeting | DEFINITION OF A MINERAL RESOURCE ESTIMATE BY Q1 231
Slide 11: Strategic Cornerstone Investment
4 Strategic CORNERSTONE INVESTMENT FROM LEADING BATTERY DEVELOPER AND MANUFACTURER For personal use only ▪ Suzhou CATH Energy Technologies (CATH) invested at IPO with a 9% equity interest A global leader of new energy innovative technologies, ▪ CATH is jointly owned by Contemporary committed to prov
Slide 12: Proven Board and Management
5 Proven board and MANAGEMENT WITH A STRONG FOCUS ON EXPLORATION AND RESOURCE DEFINITION For personal use only Dr Bin Guo Mr Simon Kidston Dr Jason Berton Mr George Su EXECUTIVE CHAIRMAN NON EXECUTIVE DIRECTOR NON EXECUTIVE DIRECTOR NON-EXECUTIVE DIRECTOR ▪ Founder and Executive ▪ Finance profession
Slide 13: Direct Leverage to Battery Transition
6 Direct leverage to BATTERY TRANSITION SET TO CAPITALISE ON A STRUCTURAL LITHIUM SUPPLY SHORTAGE For personal use only Spodumene concentrate price ▪ Lithium is an essential battery cathode material US$/t 5,000 ▪ Lithium-rich spodumene concentrate is a feedstock 4,000 >650% INCREASE YOY material use
Slide 14: Investment Highlights
Investment HIGHLIGHTS For personal use only 1 Premier project location 2 Outstanding geological prospectivity 3 Aggressive drilling program 4 Strategic cornerstone investment 5 Proven board and management 6 Direct leverage to the battery transition
Slide 15: Appendix A: Project Area Detail
Appendix A PROJECT AREA For personal use only DETAIL
Slide 16: Project Area Summary
Project area SUMMARY For personal use only Bynoe Lithium Project Situated on the Cox Peninsula, 45 km south of Darwin, on the northern end of the Litchfield Pegmatite Belt, with 11 granted tenements covering 297 km2. Geologically centred around the Bynoe Pegmatite Field, the tenements share a border
Slide 17: Bynoe Project
Bynoe PROJECT NEIGHBOURING CORE LITHIUM’S FINNISS MINE DEVELOPMENT For personal use only ▪ Situated on the Cox Peninsula, 45 km south of Darwin, on the northern end of the Litchfield Pegmatite Belt ▪ Lithium Plus has 11 granted tenements covering 297 km2 ▪ Geologically centred around the Bynoe Pegma
Slide 18: Bynoe Project
Bynoe PROJECT NEIGHBOURING CORE LITHIUM’S MINE DEVELOPMENT For personal use only ▪ Analysis of limited historic soil PROSPECT OUTCROP SOILS DGPR MAG DRILLING sampling returned strong lithium anomalies Lei & Lianna ✓ ✓ ✓ ✓ ▪ Six individual prospects identified ▪ Weathered LCT (Lithium-Caesium- SW Cai
Slide 19: Bynoe Project: Lei Prospect Detail
Bynoe PROJECT LEI PROSPECT DETAIL SOIL SAMPLING For personal use only HIGHLY EFFECTIVE IDENTIFICATION ▪ Key immediate exploration focus TECHNIQUE ▪ Maiden 8-hole drill program undertaken in 2017, of which 7 were too shallow to 8 DRILL HOLES intersect pegmatite subsequently identified AT THE LEI PROS
Slide 20: Bynoe Project: Lei Prospect Detail
Bynoe PROJECT LEI PROSPECT DETAIL For personal use only SIGNIFICANT LITHIUM MINERALISATION DISCOVERED AT LEI PROSPECT IN 20171 12M @ 1.43% Li2O FROM 121M INCLUDING 9M @ 1.69% Li2O ADDITIONAL HIGH GRADE LITHIUM INTERCEPTS AT LEI PROSPECT IN 20222 11M @ 1.48% Li2O FROM 196M AND 18M @ 1.40% LI2O FROM 2
Slide 21: Bynoe Project: SW Cai Prospect Detail
Bynoe PROJECT SW CAI PROSPECT DETAIL For personal use only ▪ Mapped pegmatite across historical mine workings have 500m strike length ▪ DGPR surveys were performed at SW Cai in 2017 along soil anomaly trend ▪ An additional 500m trend length is estimated from DGPR and soil samples ▪ All DGPR sections
Slide 22: Bynoe Project: Perseverance & Jewellers
Bynoe PROJECT PERSEVERANCE & JEWELLERS For personal use only ▪ Prospects located in northern Bynoe ▪ Multiple lithium bearing pegmatite drill targets identified ▪ Surface mapping has identified several weathered pegmatites: – 500 m long at Jewellers – >100 m long at Perseverance ▪ Lithium soil anoma
Slide 23: Wingate Project
Wingate PROJECT WINGATE MOUNTAINS PEGMATITE DISTRICT For personal use only ▪ Located 150km south of Darwin ▪ A single tenement (EL31132) covers the Wingate Mountains Pegmatite District, the southern part of the Litchfield Pegmatite Belt ▪ Known presence of pegmatites with little exploration and mino
Slide 24: Arunta Lithium Projects
Arunta LITHIUM PROJECTS THREE HIGHLY PROSPECTIVE PROJECTS For personal use only BARROW CREEK | Historic tin and tantalum production ▪ Located in the Northern Arunta pegmatite province, 300km north of Alice Springs ▪ Historic tin and tantalum production and the presence of spodumene in nearby Anningi
Slide 25: Arunta Lithium Projects: Planned Fieldwork Program
Arunta LITHIUM PROJECTS PLANNED FIELDWORK PROGRAM For personal use only ▪ All projects within Arunta contain, or are expected to contain lithium bearing pegmatites ▪ Limited exploration history – high prospectivity ▪ Previous soil, rock chip and RAB sampling contributed to the discovery of geochemic
Slide 26: Contact Details
Contact DETAILS For personal use only Registered Address Level 6, 22 Pitt Street Sydney NSW 2000 +61 2 8029 0666 skidston@lithiumplus.com.au Share registry AUTOMIC PTY LTD Level 2, 267 St Georges Terrace Perth WA 6000 1300 288 664 (within Australia) +61 2 9698 5414 (international) hello@automic.com.
Slide 27: Lithium Plus Minerals
Lithium PLUS MINERALS
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