Slide 1: Emerging Clean Energy Projects in a World-Class Hard-Rock Lithium District
Emerging Clean Energy Projects in a World-Class Hard-Rock Lithium District Advancing its lithium projects in Brazil’s Mining-Friendly Minas Gerais State TSX.V: LTH APRIL 2023 OTC: LTHCF FSE: H3N
Slide 2: Cautionary Notes
CAUTIONARY NOTES This presentation contains, or incorporates by reference, “forward looking information” within the factors that cause actions, events or results to differ from those anticipated, estimated or intended. meaning of applicable Canadian securities legislation. Forward looking Forward lo
Slide 3: Why Lithium?
WHY LITHIUM? The lightest metal and a key component in rechargeable batteries. 3 Li Lithium Lithium is crucial to the energy storage 6.94 sector and to the global energy transition. EVs Fueling Lithium Demand Growing Supply-Demand Gap Li-Ion Global Market Size The global market size of Li-Ion batter
Slide 4: Company Highlights
COMPANY HIGHLIGHTS ASSET LOCATED IN MINING-FRIENDLY JURISDICTION Properties cover 14,182ha in the prolific Araçuaí province, in Minas Gerais state, Brazil Brazil’s most favourable mining jurisdiction: highly efficient and expeditious permitting process Focused on becoming a ESTABLISHED LITHIUM-P
Slide 5: Capital Structure
CAPITAL STRUCTURE TSX.V: LTH O TCQ B: LTHCF F S E: H3N Shareholder Distribution LTH founders & leadership have material skin in the game via Common Shares Outstanding 117,386,149 common share ownership Options 11,677,000 Institutional Warrants 4,002,408 27% Fully-Diluted Shares Out. 133,065,557 117
Slide 6: Senior Management
SENIOR MANAGEMENT Blake Hylands Helio Diniz Carlos Costa André Guimarães Tom Olesinski Damian Lopez CEO, Director President, Director VP Exploration VP Corp. Development CFO Corporate Secretary Professional Geoscientist; +10yrs +40 yrs experience in exploration/ mining ~40 years experience; 29
Slide 7: Prolific Lithium District
PROLIFIC LITHIUM DISTRICT BRAZIL Porto de Ilhéus AMONG THE WORLD’S MOST PROLIFIC MINING DISTRICTS Minas Gerais, Brazil: A traditional mining jurisdiction with Montes Claros a highly efficient and expeditious permitting process GOVT EFFORTS TO REDUCE BUREAUCRACY MINAS GERAIS IN THE MINING SECTOR Ub
Slide 8: Eastern Brazilian Pegmatite Province (EBPP)
EASTERN BRAZILIAN PEGMATITE PROVINCE (EBPP) Under explored region that currently contains 100% of Brazil’s official lithium reserves. BA SALINAS One of the world’s largest BRAZIL geological belts of granitic SALINAS PROJECT pegmatites hosting high- (see Appendix for details of the Neolit Minerals
Slide 9: Itinga Project
ITINGA PROJECT N VALE 2 VALE 3 CBL’s CACHOEIRA MINE (Producer) GALVANI AREA 4 Private Brazilian company, producing lithium since 1991 BORGES 1 Li-carbonate & Li-hydroxide produced in its Divisa Alegre (MG) plant 36,000 tpa of spodumene concentrate @ 5.5%; BORGES 2 Spodumene Reserves of +1.3Mt
Slide 10: CBL Mine and Bandeira Drilling Site
CBL Mine (in production since 1991) BANDEIRA Drilling Site | TSX.V: | TSX.V:LTH LTHOTCQB: LTHCF OTC: LTHCF FRA: FSE: H3N|| 10 H3N
Slide 11: Salinas Project
SALINAS PROJECT N Colina Lithium Deposit Mineral Resource Estimate of 13.3Mt @ 1.2% Li2O reported above a cut-off of 0.5% Li2O, with 2.08Mt Indicated and 11.17Mt Inferred. • 9 tenements totaling 5,713 ha • 5 lithium-rich spodumene-bearing pegmatites outcropping at surface have been defined (7-14m th
Slide 12: Salinas Project
SALINAS PROJECT | TSX.V: LTH OTC: LTHCF FSE: H3N | 12
Slide 13: Resource Definition Drill Program Underway
RESOURCE DEFINITION DRILL PROGRAM UNDERWAY 30,000M DRILL PROGRAM UNDERWAY ITINGA (22,000M DRILLED AS OF MARCH 21, 2023) PROJECT BANDEIRA 1.32% Li20 over 24m 2.53% Li20 over 6.09m 1.73% Li2O over 13.6m GALVANI 1.47% Li2O over 15m XUXA Lithium Deposit (SGML) 1.43% Li2O over 17.1m 1.99% Li2
Slide 14: Bandeira – Best Hole Drilled to Date (March 29, 2023)
BANDEIRA – BEST HOLE DRILLED TO DATE (MARCH 29, 2023) | TSX.V: LTH OTC: LTHCF FSE: H3N | 14 * Figures above: see press release dated March 29, 2023, for further detail.
Slide 15: Bandeira – Best Hole Drilled to Date (March 29, 2023)
BANDEIRA – BEST HOLE DRILLED TO DATE (MARCH 29, 2023) Blake Hylands, P.Geo., Chief Executive Officer of Lithium Ionic, commented, “Hole 65 returned exceptional results, which from a grade and thickness perspective is by far the best hole ever drilled at the Bandeira property. Although this zone of m
Slide 16: Bandeira – Recent Drill Results (March 21, 2023)
BANDEIRA – RECENT DRILL RESULTS (MARCH 21, 2023) | TSX.V: LTH OTC: LTHCF FSE: H3N | 16 * Figure above: see press release dated March 21, 2023 for further detail.
Slide 17: Bandeira – Recent Drill Results (January 10, 2023)
BANDEIRA – RECENT DRILL RESULTS (JANUARY 10, 2023) SECTION 800 SECTION 500 | TSX.V: LTH OTC: LTHCF FSE: H3N | 17 * Figure above: see press release dated January 10, 2023, for further detail.
Slide 18: LTHCF H3N | | 18 LTH OTCQB:
| TSX.V: | TSX.V:LTH LTHOTCQB: LTHCF OTC: LTHCF FRA: FSE: H3N || 18 H3N
Slide 19: Galvani Target
GALVANI TARGET Acquired in Sept. 2022 for USD$3,310,000 Properties located ~2km West of Sigma Lithium’s large Xuxa lithium (LTH) Bandeira (LTH) deposit and ~3km NW of the CBL lithium mine Mineralized pegmatites already identified (Outro Lado) Drilling underway BANDEIRA (see results on next s
Slide 20: Galvani Drill Highlights
GALVANI DRILL HIGHLIGHTS HIGHLIGHT DRILL RESULTS (JULY-NOV. 2022) 1.98% Li2O / 25.63m 1.94% Li2O / 19.78m, incl. 2.33% Li2O / 7.35m 1.71% Li2O / 21.91m 1.77% Li2O / 10.85m 1.68% Li2O / 20.7m, incl. 2.22% Li2O / 8.63m 1.53% Li2O / 46.21m, incl. 2.22% Li2O / 12.49m 1.57% Li2O / 24.93m, i
Slide 21: Area 2 & Area 3
AREA 2 AREA 2 & AREA 3 Significant soil anomalies in AREA 2 and AREA 3 are planned to be drilled this year. XUXA AREA 3 CBL BARREIRO | TSX.V: LTH OTC: LTHCF FSE: H3N | 21
Slide 22: Initial Metallurgical Results
INITIAL METALLURGICAL RESULTS Initial metallurgical tests carried out on two-20 kgs samples obtained from drill core at its Outro Lado (Galvani Claims) and Bandeira targets. RESULT HIGHLIGHTS (DECEMBER 2022) Excellent lithium recoveries of 77.99% (Bandeira) and 82.52% (Galvani) achieved with Heavy
Slide 23: "Proof of Concept" - Sigma Lithium Corp.
“PROOF OF CONCEPT” - SIGMA LITHIUM CORP. Overview of Sigma Lithium The largest hard rock lithium deposit in the Americas Phased approach to development: Phase 1: Initial 270,000 tpa spodumene concentrate production (36,700 tpa LCE) Full Scale: Aggregate production of 766,000 tpa spodumene co
Slide 24: Work Program & Short-Term Catalysts
WORK PROGRAM & SHORT-TERM CATALYSTS Strong cash position of 30,000 metre drill program underway ~$20.5M to fund development at Itinga; Regular news flow of results program & unlock value Inaugural mineral resource estimate targeted for Q2 2023 20,000m drill program to initiate at new Salinas project
Slide 25: Lithium Ionic Opportunity
LITHIUM IONIC OPPORTUNITY Hig h - g ra d e lit h iu m re g io n w it h kn o w n e c o n o m ic d e p o s it s Ag g re s s ive d r ill p ro g ra m w it h g o a l o f p ro v in g a p p ro xim a t e ly 2 0 Mt o f ~1.5 % Li2 O m a t e r ia l Li- b e a rin g z o n e s a lre a d y d e fin e d a n d w ill
Slide 26: Contact
TSX.V: LTH | OTC: LTHCF | FSE: H3N Lithium Ionic Corp. 400-36 Lombard St., Toronto, Ontario, Canada, M5C 2X3 CONTACT FOLLOW Investor Relations @LithiumIonic +1 647.316.2500 info@lithiumionic.com Blake Hylands, CEO bhylands@lithiumionic.com | TSX.V: LTH OTC: LTHCF FSE: H3N | 2 6
Slide 27: Recent Milestones & Path Forward
RECENT MILESTONES & PATH FORWARD Lithium Ionic is focused on becoming a dominant lithium player in a region that is quickly emerging as one of the largest lithium spodumene districts globally. WHERE WE 2022 CO RP O RATE LAUNCH ARE TODAY 2021 Capital Markets & lithium-focused technical Land positio
Slide 28: Acquisition of Neolit Minerals
ACQUISITION OF NEOLIT MINERALS On March 10, 2023, Lithium Ionic acquired 100% of Neolit Minerals Participações Ltda. (“Neolit”), a Brazilian company which owns a 40% interest in the Salinas Project (the “Project”) and has the right, subject to certain exploration commitments, to acquire up to an 85%
Slide 29: Lithium 101
LITHIUM 101 The lightest metal and Commercial Lithium Extraction lightest solid element. Lithium never occurs freely in nature. it is most commonly Highly reactive = highly efficient extracted from salt-flat brines (evaporation & chemical producer of electric current. recovery), or from lithium-be
Slide 30: Soaring Lithium Price
SOARING LITHIUM PRICE Lithium carbonate, battery grade Spot price, $’000 per tonne The transition to green energy has made 80 lithium one of the most sought-after metals. 60 • The price of lithium carbonate (LCE), the raw 40 material used in lithium-ion batteries, soared in 2022 from a 5-year avg. o
Slide 31: Upcoming Global Lithium Supply Shortage
UPCOMING GLOBAL LITHIUM SUPPLY SHORTAGE Demand for lithium carbonate (LCE) is set to increase to 2.4Mt in 2030 compared to ~600,000t in 2022 Lithium Demand vs. Supply Forecast (tonnes LCE) “Green Energy Transition” Change in Demand for Mineral Necessity (2018-2050) Unplanned New Supply • Lithium def
Slide 32: Lithium Demand
LITHIUM DEMAND Lithium Is fueling the Green Revolution, driven by the rapid growth in the EV & Battery Market. Plug in vehicles such as EV (Electric Vehicle) and hybrid sales are surging, with nations and automakers trying to secure lithium resources. Lithium Applications* Global Monthly Plug-in V
Slide 33: Lithium Supply Chain
LITHIUM SUPPLY CHAIN | TSX.V: LTH OTC: LTHCF FSE: H3N | 33