Global Lithium Resources Ltd. · ASX:GL1
Global Lithium Resources — Investor Presentation (February 2024)
24 slides from Global Lithium Resources's investor presentation, Feb 21, 2024
Slide 1: Global Lithium Resources Investor Presentation
For personal use only GLOBAL LITHIUM RESOURCES Investor Presentation 21 February 2024 ASX:GL1 1
Slide 2: Important Notice and Disclaimer
Important Notice and Disclaimer These presentation materials and the accompanying verbal presentation (together, the Presentation Materials) have been • involve known and unknown risks and uncertainties that could cause actual events or results to differ materially from estimated prepared by Global
Slide 3: Strategic Highlights
Strategic Highlights Multi-asset development JORC compliant Tier 1 For personal use only optionality resources Jurisdiction • Combined Mineral Resource of • Wholly owns 2 JORC compliant • Located in world’s best mining 54Mt @ 1.09% Li2O 1 lithium resources in Australia jurisdiction of Western listed
Slide 4: GL1 Corporate Snapshot
GL1 Corporate Snapshot (20 February 2024) ASX share price performance Millions 14 $3.5 Market Cap Share Price Shares on issue 12 $3.0 For personal use only A$136.7m A$0.525 260m 10 $2.5 Share Price (A$) Volume (m) 8 $2.0 Options1 Cash2 Equity in ASX:KAI3&4 6 $1.5 12.4m A$36m $3.67m (10%) 4 $1.0 2 $0
Slide 5: The Board – Setting the Strategy
The Board – Setting the Strategy For personal use only Geoff Ron Dr Dianmin Hayley Greg Kevin Jones Mitchell Chen Lawrance Lilleyman Hart Non-Executive Chair Managing Director Non-Executive Director Non-Executive Director Non-Executive Director Company Secretary Current CEO of MACA Current Chair of
Slide 6: The Leadership Team – Driving the Culture
The Leadership Team – Driving the Culture Ron Mitchell For personal use only Managing Director Simon Corrigan Matt Allen Dr Tony Logan Barber Approvals & Chief Financial Chamberlain GM Geology Corporate Affairs Officer Project Director Advisor Chartered Accountant, Fellow of FinSIA PhD in Metallurgy
Slide 7: Manna Lithium Project
For personal use only MANNA LITHIUM PROJECT • 100% owned project • Tier 1 mining jurisdiction • Outcropping spodumene bearing pegmatite • Indicated & Inferred Mineral Resource of 36.0Mt @ 1.13% Li O 2 7
Slide 8: Manna Exploration Upside
Manna Exploration Upside Exploration For personal use only • Two years of intensive exploration: o CY22 – 46,000m1 o CY23 – 60,000m2 o Current MRE (36.0Mt @ 1.13%) based on historical and CY2022 drilling3 • Updated MRE anticipated following CY23 program • Infill drilling to increase confidence in re
Slide 9: World Class Location
World Class Location For personal use only Major Mines & City of Kalgoorlie- Trans Australian Projects Boulder Railway Access Road High-speed Data Utilities 9
Slide 10: Manna Lithium Project – Changes to Tenement holding
Manna Lithium Project – Changes to Tenement holding Tenement Changes • E28/3359 won in ballot – 19 blocks, mainly overlying granite/syenite For personal use only • E28/2585 – compulsory partial surrender by KAI. Applications by three parties including a Hancock subsidiary • Manna total direct and in
Slide 11: High-Grade Drilling Results Continue
High-Grade Drilling Results Continue Over 60,000m of Reverse Circulation and For personal use only Diamond Drilling completed during 2023 • Further high-grade results received from CY23 resource infill and expansion drilling • Best drill intercept to date of 26m @ 1.53% Li2O • Manna Central resource
Slide 12: Manna - Central Zone
Manna - Central Zone Infill drilling continues to demonstrate For personal use only continuity and deliver high-grade results • High-grade infill drilling results from CY23 program include: – 26m @ 1.53% Li2O from 249m in MRC0290 – 15m @ 1.58% Li2O from 251m in MRC0306 – 13m @ 1.34% Li2O from 75m in
Slide 13: Manna - North Zone
Manna - North Zone Drilling in Manna north-eastern extension delivers For personal use only significant intercepts outside of current resource • CY23 drilling in north-eastern extension extends mineralisation, including: – 10m @ 1.61% Li2O from 317m in MRC0236 – 8m @ 1.19% Li2O from 378m in MRC0257
Slide 14: Manna - South Zone
Manna - South Zone Step out exploration drilling identifies new zone of For personal use only lithium mineralised pegmatite • New zone to the south of Manna Central resource area demonstrates potential for new discoveries and large resource • Highlights from step out exploration drilling include: –
Slide 15: Manna - VRIFY Geological Model
Manna - VRIFY Geological Model For personal use only 15
Slide 16: Underground Concept Study
Underground Concept Study • Concept Study compared three options for “future opportunity” & outlined framework for an underground For personal use only Conceptual Combined OP/UG option DFS 1. Underground to follow completion of open pit mining at Manna and Manna North pits 2. Underground mining from
Slide 17: Definitive Feasibility Study
Definitive Feasibility Study For personal use only • DFS and related metallurgical studies well advanced Zone 1 - Grade Recovery F01 Zone 1 180um F04 Zone 1 150um F07 Zone 1 106um • Completion of DFS expected CY24 7.50 and to incorporate: 7.00 • Updated MRE including all CY23 6.50 drilling program r
Slide 18: Approvals and Permitting
Approvals and Permitting Environmental • All flora and fauna surveys completed with no For personal use only significant impacts identified Native Title and Heritage • All heritage surveys completed with no culturally significant sites identified • Native Title Mining Agreement (NTMA) negotiation we
Slide 19: 2024 Key Milestones: De-risked and Disciplined
2024 Key Milestones: De-risked and Disciplined Well positioned to capture significant upside with anticipated lithium market recovery For personal use only Manna Lithium Project CY24 CY23 Drilling Results Metallurgical Test Results Mineral Resource Update Environmental / Native Title Approvals Antic
Slide 20: Marble Bar Lithium Project
MARBLE BAR For personal use only LITHIUM PROJECT • 100% owned • Tier 1 mining jurisdiction • Inferred Mineral Resource of 18.0Mt @ 1% Li2O 20
Slide 21: Highly Prospective Geological Setting
Highly Prospective Geological Setting For personal use only Geology Resource • Spodumene bearing pegmatite • Inferred Mineral Resource of hosted in greenstone and 18.0Mt @ 1.0% Li2O3 granite contact • Lithium mineralisation in drilling • Similar geological settings to identified over 15km nearby Pil
Slide 22: Community
For personal use only Community 22
Slide 23: Global Lithium – Mineral Resources
Global Lithium – Mineral Resources For personal use only Project Name Category Million Tonnes (Mt) Li2O% Ta2O5 ppm Marble Bar 2 Indicated 3.8 0.97 53 Inferred 14.2 1.01 50 Subtotal 18.0 1.00 51 Manna 1 Indicated 20.2 1.12 56 Inferred 15.8 1.14 52 Subtotal 36.0 1.13 54 Combined Total 54.0 1.09 53 1 R
Slide 24: Contact Us
Contact Us For personal use only RON MITCHELL au.linkedin.com/company/ Managing Director global-lithium-resources +61 8 6103 7488 info@globallithium.com.au @Global_Lithium BEN CREAGH Subscribe to our mailing list at: Media and Investor Relations globallithium.com.au +61 (0) 417 464 233 benc@nwrcommu
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