Liontown Limited · ASX:LTR
Liontown — Liontown Resources — Noosa Mining & Exploration Investor Conference 2018
32 slides from Liontown's conference presentation, Jul 18, 2018
Slide 1: Australia's New Battery Metal Growth Story: Defining Lithium and Vanadium Resources
NOOSA MINING & EXPLORATION INVESTOR CONFERENCE For personal use only AUSTRALIA'S NEW BATTERY METAL GROWTH STORY: DEFINING LITHIUM AND VANADIUM RESOURCES JULY 2018 ASX : LTR 1
Slide 2: Competent Person's Statement and Disclaimer
Competent Person’s Statement and Disclaimer: The Information in this report that relates to the Exploration Results for the Kathleen Valley Project is: • For personal use only based on and fairly represents information and supporting documentation prepared by Mr David Richards, who is a Competent Pe
Slide 3: Projects & 2018 Objectives
PROJECTS & 2018 OBJECTIVES TOOLEBUC VANADIUM PROJECT KATHLEEN VALLEY For personal use only Extensive vanadium mineralisation defined LITHIUM PROJECT by historical drill data Large, high-grade, lithium-mineralised system Resource estimation (Q3 2018) JORC-Compliant Mineral Resource (Q3 Exte
Slide 4: Kathleen Valley Lithium Project
For personal use only KATHLEEN VALLEY LITHIUM PROJECT WESTERN AUSTRALIA 4
Slide 5: Growing Resource Potential with High-Grade Lithium Mineralisation
GROWING RESOURCE POTENTIAL WITH HIGH-GRADE LITHIUM MINERALISATION INTERSECTED CLOSE TO ESTABLISHED INFRASTRUCTURE For personal use only Multiple pegmatites up to 20m thick High grade, fresh from surface Two prospects – Kathleen’s Corner and Mt Mann Open along strike and at depth Close to modern tran
Slide 6: Shallow High-Grade Lithium Mineralisation – Kathleen's Corner
SHALLOW HIGH-GRADE LITHIUM MINERALISATION 7m @ 1.5% Li2O Incl. 3m @ 1.9% Li2O KATHLEEN’S CORNER For personal use only • Multiple, stacked shallowly SW dipping pegmatites 21m @ 1.9% Li2O • Individually up to 20m thick Incl. 17m @ 2.2% Li2O Cross • >800m strike length Section 8m @ 1.2% Li2O • >500m do
Slide 7: Shallow High-Grade Lithium Mineralisation – Mt Mann
SHALLOW HIGH-GRADE LITHIUM MINERALISATION 13m @ 1.6% Li2O For personal use only Incl. 9m @ 1.9% Li2O MT MANN 10m @ 1.8% Li2O • Multiple, stacked moderately Incl. 7m @ 2.2% Li2O 14m @ 1.6% Li2O SW dipping pegmatites Incl. 7m @ 2.2% Li2O • Individually up to 20m thick 15m @ 1.9% Li2O Incl. 10m @ 2.1%
Slide 8: Kathleen Valley – A Large, Lithium Mineralised System
KATHLEEN VALLEY – A LARGE, LITHIUM MINERALISED SYSTEM For personal use only SW NE Mt Mann Kathleen’s Corner 1,000m Kathleen Valley – Preliminary 3D model showing main mineralised pegmatites 8
Slide 9: Buldania Lithium Project
For personal use only BULDANIA LITHIUM PROJECT WESTERN AUSTRALIA 9
Slide 10: Buldania Is Strategically Located in an Emerging Lithium District
BULDANIA IS STRATEGICALLY LOCATED IN AN EMERGING LITHIUM DISTRICT For personal use only Significant new lithium discovery Follow-up drilling program to commence late July 2018 Initial drill results reveal zones more than 50m wide with individual grades up to 2.5% Li2O Similar geological setting to t
Slide 11: Large Spodumene-Mineralised Pegmatite Intersected at the Anna Prospect
LARGE SPODUMENE-MINERALISED PEGMATITE INTERSECTED AT THE ANNA PROSPECT • Mineralisation fresh from surface and For personal use only open along strike and at depth Latest results include: BDRC0012 25m @ 1.2% Li2O (16m) Incl. 3m @ 2% Li2O (22m) Incl. 5m @ 2% Li2O (27m) BDRC0015 58m @ 1.2% Li2O (39m)
Slide 12: Follow Up Drilling to Target South-East Strike Extension of Anna Pegmatite
FOLLOW UP DRILLING TO TARGET SOUTH-EAST STRIKE EXTENSION OF ANNA PEGMATITE For personal use only ANNA • Thick, shallowly SW dipping pegmatite • Probable strike length >500m with trend open towards southeast beneath shallow cover • Further RC drilling planned to test strike extension • Other targets
Slide 13: Toolebuc Vanadium Project
For personal use only TOOLEBUC VANADIUM PROJECT QUEENSLAND 13
Slide 14: Initial Work Confirms Outstanding Potential for Significant Vanadium Mineralisation
INITIAL WORK CONFIRMS OUTSTANDING POTENTIAL FOR SIGNIFICANT VANADIUM MINERALISATION For personal use only Low cost exposure to emerging energy–storage metal Project adjoins very large vanadium resources defined by previous explorer (Intermin Resources) Includes large areas of outcropping Toolebuc Fo
Slide 15: Extensive Vanadium Mineralisation Defined by Historical Drill Data
EXTENSIVE VANADIUM MINERALISATION DEFINED BY HISTORICAL DRILL DATA For personal use only LILYVALE RESOURCE 671Mt 15
Slide 16: Vanadium Mineralisation Is Shallow and Soft
VANADIUM MINERALISATION IS SHALLOW (<20m) AND SOFT • Located immediately east of the For personal use only 671Mt Lilyvale Mineral Resource of Intermin Resources’ (ASX:IRC)* • 5km x 3km mineralised zone, open to the north and east • Grades and widths similar to Lilyvale Mineral Resource • Resource es
Slide 17: Vanadium: A Relative Newcomer to the Battery Metals Space
VANADIUM IS A RELATIVE NEW COMER TO THE BATTERY METALS SPACE IN THE EMERGING LARGE SCALE ENERGY STORAGE INDUSTRY For personal use only VANADIUM PRICE ( WEEKLY ), AUD$/ LB 300% increase in price since 22.00 2017 and tipped to be the 20.00 ‘metal to watch’ in 20181 18.00 16.00 Use and price underpinne
Slide 18: Liontown Peer Comparison
LIONTOWN PEER COMPARISON For personal use only HARD ROCK LITHIUM PEERS MARKET CAPITALISATION (A$M) 1,526 Liontown has significant upside based on its exploration target of 10-15Mt @ 1-1.5% Li20 703 723 592 228 236 150 32 Liontown Critical Tawana Alliance Altura Nemaska Kidman Pilbara Resources Eleme
Slide 19: Investment Highlights
INVESTMENT HIGHLIGHTS For personal use only Outstanding lithium Rapidly progressing projects at Kathleen towards maiden JORC Valley and Buldania compliant Resource at Kathleen Valley Advanced vanadium ~$4 million in cash and project close to investments will ensure established infrastructure explora
Slide 20: For personal use only
For personal use only OFFICE PHONE NUMBER EMAIL WEBSITE: Level 2, 1292 Hay St 08 9322 7431 info@ltresources.com.au www.ltresources.com.au West Perth WA 6005 CONNECT https://au.linkedin.com/company/liontown-resources-limited https://twitter.com/LiontownRes 20
Slide 21: Appendix
For personal use only 21 APPENDIX
Slide 22: Our People
OUR PEOPLE DAVID RICHARDS TIM GOYDER Managing Director Chairman For personal use only Former Senior Geologist - Battle +40 years experience, Executive Mountain - discovered multi-million oz Chairman – Chalice Gold Mines, Vera Nancy gold deposits, Regional Chairman – DevEx Resources, Exploration Mana
Slide 23: Exploration Target Parameters and Assumptions
For personal use only EXPLORATION TARGET PARAMETERS AND ASSUMPTIONS Combined strike length of Based on geological mapping and 1,000m target pegmatites photo imagery Average cumulative true 20 - 35m Based on drilling width Down dip extent 175 - 220m As above Approximate SG of fresh Specific gravity (
Slide 24: Kathleen Valley RC Drilling Statistics
KATHLEEN VALLEY RC DRILLING STATISTICS Significant Li2O (>0.4%) and Ta2O5 (>50ppm) results Significant Li2O (>0.4%) and Ta2O5 (>50ppm) results Hole_ID East North RL Dip Azimuth Depth (m) Prospect Hole_ID East North RL Dip Azimuth Depth (m) Prospect From(m) To(m) Interval(m) Li2O (%) Ta2O5 (ppm) For
Slide 25: Kathleen Valley RC Drilling Statistics (cont.)
KATHLEEN VALLEY RC DRILLING STATISTICS (CONT.) Significant Li2O (>0.4%) and Ta2O5 (>50ppm) results Significant Li2O (>0.4%) and Ta2O5 (>50ppm) results Hole_ID East North RL Dip Azimuth Depth (m) Prospect Hole_ID East North RL Dip Azimuth Depth (m) Prospect From(m) To(m) Interval(m) Li2O (%) Ta2O5 (p
Slide 26: Kathleen Valley RC Drilling Statistics (cont.)
KATHLEEN VALLEY RC DRILLING STATISTICS (CONT.) Significant Li2O (>0.4%) and Ta2O5 (>50ppm) results Hole_ID East North RL Dip Azimuth Depth (m) Prospect Significant Li2O (>0.4%) and Ta2O5 (>50ppm) results From(m) To(m) Interval(m) Li2O (%) Ta2O5 (ppm) Hole_ID East North RL Dip Azimuth Depth (m) Prosp
Slide 27: Kathleen Valley RC Drilling Statistics (cont.)
KATHLEEN VALLEY RC DRILLING STATISTICS (CONT.) Significant Li2O (>0.4%) and Ta2O5 (>50ppm) results Significant Li2O (>0.4%) and Ta2O5 (>50ppm) results Hole_ID East North RL Dip Azimuth Depth (m) Prospect Hole_ID East North RL Dip Azimuth Depth (m) Prospect From(m) To(m) Interval(m) Li2O (%) Ta2O5 (p
Slide 28: Kathleen Valley RC Drilling Statistics (cont.)
KATHLEEN VALLEY RC DRILLING STATISTICS (CONT.) Significant Li2O (>0.4%) and Ta2O5 (>50ppm) results Significant Li2O (>0.4%) and Ta2O5 (>50ppm) results Hole_ID East North RL Dip Azimuth Depth (m) Prospect Hole_ID East North RL Dip Azimuth Depth (m) Prospect From(m) To(m) Interval(m) Li2O (%) Ta2O5 (p
Slide 29: Kathleen Valley RC Drilling Statistics (cont.)
KATHLEEN VALLEY RC DRILLING STATISTICS (CONT.) For personal use only 29
Slide 30: Kathleen Valley Diamond Core Drilling Statistics
KATHLEEN VALLEY DIAMOND CORE DRILLING STATISTICS For personal use only 30
Slide 31: Buldania RC Drilling Statistics
For personal use only BULDANIA RC DRILLING STATISTICS 31
Slide 32: Toolebuc / Lilyvale Extended – Drill Hole Statistics
For personal use only TOOLEBUC / LILYVALE EXTENDED – DRILL HOLE STATISTICS 32
Liontown Resources — Noosa Mining & Exploration Investor Conference 2018 on 6ix