Liontown Limited · ASX:LTR
Liontown — Liontown Resources — Investor Presentation (September 2016)
26 slides from Liontown's investor presentation, Sep 21, 2016
Slide 1: Growth and Upside from Lithium and Gold Exploration – Updated Investor Presentation
ASX : LTR ABN 39 118 153 825 ASX ANNOUNCEMENT For personal use only Growth and Upside from Lithium and Gold Exploration – Updated Investor Presentation Liontown Resources Limited (ASX: LTR) is pleased to attach a copy of its updated investor presentation “Growth and Upside from Lithium and Gold Expl
Slide 2: Growth and upside from lithium & gold exploration
For personal use only Growth and upside from lithium & gold exploration • Emerging Australian lithium discovery at Bynoe in the NT – next phase of drilling imminent • Large-scale pegmatite systems being evaluated at Kathleen Valley and Lake Percy, WA ASX: LTR September 2016
Slide 3: Disclaimer
Disclaimer Competent Person’s Statement and Disclaimer: For personal use only • The Information in this report that relates to Exploration Results for the Bynoe Project is based on and fairly represents information and supporting documentation prepared by Mr David Richards, who is a Competent Person
Slide 4: Company Snapshot
Company Snapshot • Three emerging Australian lithium projects – Bynoe (NT), Kathleen Valley For personal use only (WA) and Lake Percy (WA): Thick, >1% Li2O, spodumene-mineralised zones intersected in initial drilling at Bynoe (<50km from Darwin port) – follow up drilling imminent. Initial explor
Slide 5: Corporate Overview
Corporate Overview Board of Directors For personal use only Corporate Details TIM GOYDER –Chairman +30 years experience, MD – Chalice Gold, Chairman – Uranium ASX Code LTR Equities ~700M Shares on Issue DAVID RICHARDS – Managing Director (1:5 rights issue in progress) +30 years experience, former Ma
Slide 6: Key Projects
Key Projects Bynoe Lithium Project (NT, Australia) For personal use only • Previous Greenbushes-owned tin-tantalum mining centre • Extensive pegmatite field located <50km from Darwin • Thick widths of >1% Li2O (spodumene-related) mineralisation intersected in maiden drilling program Kathleen Valley
Slide 7: Bynoe Lithium Project – A New Lithium Discovery
Bynoe Lithium Project – A New Lithium Discovery • 88km2 tenement package For personal use only • Covers central part of historic Bynoe mining field • Good infrastructure – <50km from Darwin Port • Maiden drilling program completed July 2016 – confirmed thick zones of spodumene-related lithium minera
Slide 8: Bynoe Lithium Project – Sandras Prospect
Bynoe Lithium Project – Sandras Prospect For personal use only • Defined over 300m length, up to 40m thick - Good widths – open at depth and open along strike along strike • Part of 4km long pegmatite trend 7 www.ltresources.com.au
Slide 9: Bynoe Lithium Project – Outstanding Upside
Bynoe Lithium Project – Outstanding Upside For personal use only Talwest Pegmatite-Drilled 30m thick pegmatite with Pegmatite-Undrilled Li2O values up to 2.2% >1% Li2O Sandras Multiple untested pegmatites; significant exploration upside 8 www.ltresources.com.au
Slide 10: Bynoe Lithium Project – Next Steps
Bynoe Lithium Project – Next Steps • Results from maiden drilling program provide ‘proof of For personal use only concept’ for widespread spodumene-related lithium mineralisation at Bynoe • >4,000m follow-up RC drill program to commence September 2016 • Key objective is to extend existing >1% Li2O i
Slide 11: Key Projects
Key Projects Bynoe Lithium Project (NT, Australia) For personal use only • Previous Greenbushes-owned tin-tantalum mining centre • Extensive pegmatite field located <50km from Darwin • Thick widths of >1% Li2O (spodumene-related) mineralisation intersected in maiden drilling program Kathleen Valley
Slide 12: Kathleen Valley Lithium-Tantalum Project
Kathleen Valley Lithium-Tantalum Project For personal use only • Agreement to acquire 100% of rare metal rights from Ramelius Resources for 25M LTR shares • 77km2 tenement package located 680km NE of Perth, WA – good infrastructure • Large spodumene-bearing pegmatite swarm defined by previous mapper
Slide 13: Kathleen Valley Lithium-Tantalum Project
Kathleen Valley Lithium-Tantalum Project • Mt Mann Pegmatite – part of 3.5x1km spodumene For personal use only bearing pegmatite swarm • Multiple high grade lithium and tantalum values recorded from rock chip sampling (see Appendix 2) 3.5% Li2O and 158ppm Ta2O5 2.6% Li2O and 249ppm Ta2O5 2.5% Li2
Slide 14: Kathleen Valley Lithium-Tantalum Project
Kathleen Valley Lithium-Tantalum Project For personal use only Good size pegmatites with fresh spodumene at surface – undrilled, on granted MLs and with existing infrastructure 13 www.ltresources.com.au
Slide 15: Lake Percy Lithium-Tantalum Project
Lake Percy Lithium-Tantalum Project • Pegmatites up to 550m wide and 3km For personal use only long defined by previous Ni work • No previous lithium exploration • Preliminary sampling has recorded anomalous lithium and pathfinder elements (Ta, Nb, Sn) • Lithium occurrences reported 20km south in sa
Slide 16: Lake Percy Lithium-Tantalum Project
Lake Percy Lithium-Tantalum Project For personal use only Historic drilling indicates large pegmatites with true thicknesses exceeding 100m 15 www.ltresources.com.au
Slide 17: Key Projects
Key Projects Bynoe Lithium Project (NT, Australia) For personal use only • Previous Greenbushes-owned tin-tantalum mining centre • Extensive pegmatite field located <50km from Darwin • Thick widths of >1% Li2O (spodumene-related) mineralisation intersected in maiden drilling program Kathleen Valley
Slide 18: Lake Victoria Goldfield – A World-Class Exploration Address
Lake Victoria Goldfield – A World-Class Exploration Address For personal use only • Granite/greenstone terrain similar to Eastern Goldfields of Western Australia • +50Moz gold endowment • World-class (>10Moz) gold deposits • 17Moz Bulyanhulu, 12.5Moz Geita deposits nearby • Established infrastructur
Slide 19: Jubilee Reef – Inferred Resources (2012 JORC)
Jubilee Reef – Inferred Resources (2012 JORC) Simba deposit For personal use only Simba – 3D • Inferred Resource: view of 7.4Mt @ 1.4g/t gold for ~320,000oz mineralised lodes (looking NNE) Panapendesa deposit • Inferred Resource: 1.1Mt @ 2g/t gold for ~70,000oz Panapendesa Total JORC 2012 Resources
Slide 20: Simba – Large Granite-hosted Gold System
Simba – Large Granite-hosted Gold System • Drill results include: For personal use only • 21m @ 4.7g/t Au • 23m @ 2.9g/t Au • 54m @ 2.6g/t Au • 29.7m @ 3.2g/t Au • Multiple mineralised zones • Large scale, shallow system • Exploration upside Open along strike and at depth Drill hole plan superimpo
Slide 21: Jubilee Reef – Next Steps
Jubilee Reef – Next Steps For personal use only • Targeting extensions to existing resources at Simba and Panapendesa • Targeting undrilled prospects including high grade (>3g/t Au) trench intercepts at Tembo 20 www.ltresources.com.au
Slide 22: Key Reasons to Invest in Liontown
Key Reasons to Invest in Liontown For personal use only High quality, emerging lithium and gold assets in Tier-1 jurisdictions Potential to establish a significant lithium resource at Bynoe <50km from a major port plus a potential “game-changer” at Kathleen Valley Imminent news-flow from Bynoe drill
Slide 23: Contacts
For personal use only Contacts Thank you David Richards (Managing Director) Tim Goyder (Chairman) +61 8 9322 7431 www.ltresources.com.au info@ltresources.com.au ASX: LTR
Slide 24: Why Lithium?
Why Lithium? • Supply shortfall due to lithium batteries For personal use only • Already seen in actual price performance with high prices forecast to continue • An increasingly critical metal Commodity Price (Lithium Carbonate 99% China) 20 14 Source – Goldman Sachs (April 2016) “We estimate demand
Slide 25: Appendix 1: Bynoe RC Drilling
Appendix 1: Bynoe RC Drilling Estimated true widths – to be Significant (>0.5%) Lithium Results * For personal use only Hole ID Prospect East North RL Dip Azimuth Depth (m) confirmed by further drilling From (m) To (m) Interval (m) Grade (%) BP33 – 33% of down hole LBRC001 694533 8593573 23 -80 12
Slide 26: Appendix 2: Kathleen Valley Rock Chip Sampling
Appendix 2: Kathleen Valley Rock Chip Sampling Sample_ID East North Li2O(%) Ta2O5 (ppm) Sample_ID East North Li2O(%) Ta2O5 (ppm) For personal use only 160614_01a 258766 6959242 1.55 431 KVR60 258536 6958492 1.94 119 160614_01b 258766 6959242 0.80 190 KVR62 258660 6958737 -0.02 414 160614_04 258804 6
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