Lake Resources N.l. · ASX:LKE
Lake Resources N.l — Hong Kong Conference (March 2017)
19 slides from Lake Resources N.l's conference presentation, Mar 29, 2017
Slide 1: Premier Lithium Brine Projects & Pegmatites – Argentina's Best Locations
For personal use only PREMIER LITHIUM BRINE PROJECTS & PEGMATITES ARGENTINA’S BEST LOCATIONS Lake Resources N.L ASX:LKE – Investor Presentation March 2017
Slide 2: Disclaimer
Disclaimer For personal use only General This presentation has been prepared by Lake Resources N.L (Lake) for information purposes and meetings with sophisticated and professional investors, institutional investors and brokers and not any particular party. The information in this presentation is bas
Slide 3: Corporate Snapshot
Corporate Snapshot For personal use only LAKE RESOURCES (ASX:LKE) Directors and Management Total Current Shares on Issue 214,993,026 Stephen Promnitz - Managing Director Extensive Project Management experience in South America – Geologist and Finance experience Listed Options (10c) 19,350,000 Stu Cr
Slide 4: Scale, Optionality, Prime Location among the Majors
Lithium – Scale, Optionality, Prime Location among the Majors For personal use only ▪ Large Lithium Lease Area: ~170,000 Ha 100% Controlled 100% in Argentina (if option exercised) ▪ Extensive Lithium Brine Areas: ~100,000 Ha Three areas adjacent to projects in development ▪ Same Basin as Orocobre &
Slide 5: Triangle: LKE is Among the Majors
Lithium Triangle: LKE is Among the Majors For personal use only ▪ ~49% Global Lithium Production: Chile/Argentina lithium brine lakes ▪ Major Companies – Major Developments ▪ Albemarle, SQM, FMC, Gangfeng, Orocobre ▪ Majors arrived in 2016 after change in Argentine govt ▪ Lake Projects - Located amo
Slide 6: Kachi Brine Project – Drilling in Coming Weeks
Kachi Brine Project – Drilling in Coming Weeks For personal use only ▪ ~ 52,000 Ha Lithium Brine Leases, Catamarca Province ▪ First time area consolidated under one owner – Lake 100% ▪ Large basin – leases cover lowest point - salt lake ▪ Positive results - to 322 ppm Li ▪ Drilling & geophysics in c
Slide 7: Kachi Brine Project – Positive Results
Kachi Brine Project – Positive Results For personal use only ▪ Positive results from surface sampling ▪ Geophysics (SEV) to identify lithium brine aquifers ▪ Geophysics (adjoining leases) showed large possible salt body ▪ Positive results - to 322 ppm Li Kachi Sampling results Lake Resources N.L ASX
Slide 8: Three Key Brine Projects & Large Pegmatite Project
Three Key Brine Projects & Large Pegmatite Project For personal use only Olaroz/Cauchari – Jujuy Province ~19,000 Ha Brines bordering Orocobre (in Production) & SQM/Lithium Americas (funded for development) Adjacent to production wells Paso – Jujuy Province ~29,000 Ha Brines, West of Olaroz, similar
Slide 9: Olaroz/Cauchari Project
Olaroz/Cauchari Project For personal use only ▪ ~19,000 Ha Applications , Jujuy Province ▪ LKE Applications (purple) ▪ Adjacent to Orocobre production (green) ▪ Adjacent to SQM/Lithium Americas (lt blue) ▪ Recent Advantage Lithium Corp/Orocobre deal announced in surrounding area with 57% equity for
Slide 10: Pegmatites – Option on Large Area ~70,000 Ha
Lithium Pegmatites – Option on Large Area ~70,000 Ha For personal use only ▪ 150km long belt of Lithium Pegmatites Swarms ▪ ~70,000 Ha Exploration areas, mining leases, applications (red leases) under option ▪ Highly attractive acquisition terms Latin Resources Catamarca leases (green) ▪ Latin Resou
Slide 11: Pegmatite Swarms Outcropping over 150km
Lithium Pegmatite Swarms Outcropping over 150km For personal use only ▪ 150km long belt of Lithium Pegmatite Swarms ▪ Sharp outcropping features; coarse crystals ▪ Easy access ▪ – Roads/tracks at low altitudes (300-1500m) ▪ Potential to find wide coalesced pegmatites with results over 2% LiO2 (based
Slide 12: Paso Project
Paso Project For personal use only ▪ ~ 29,000 Ha Applications, Jujuy Province ▪ LKE Applications (blue) ▪ Next basin west of Orocobre (green) ▪ Known lithium brines, Area with covered target potential Source: Jujuy Registro Grafico Feb 16 Lake Resources N.L ASX:LKE – Investor Presentation March 2017
Slide 13: Near Term Value Drivers
Near Term Value Drivers For personal use only ▪ Results: Kachi sampling (Mar) ▪ Geophysics: Kachi targets pre-drill (Apr) ▪ Drilling: Kachi 4 holes (April/May) ▪ Update: Olaroz/Cauchari, Paso projects Kachi Project - sampling ▪ Pegmatites: Sampling ▪ Potential expansion: Opportunities South America
Slide 14: Lithium Supply
Lithium and Supply For personal use only Where is the Lithium supply? ◦ Chile/Argentina: 49% * (salt lake brines) Lithium Supply* Lithium Producers* ◦ Australia: 42% (hard rock) ◦ Others: 9% Who produces the Lithium? ALB Chile FMC ◦ Albemarle: 49% * Aust ◦ SQM: 42% Tianqui ◦ FMC: 9% Arg SQM ◦ Tianqu
Slide 15: Battery Demand – Forecast 2020
Lithium Battery Demand – Forecast 2020* For personal use only What is the Lithium Battery Growth forecast*? ◦ Increase 520% from 2016 to 2020 ◦ Lithium-ion mega-factories capacity to increase by 6 times in China from 2016 to 2020 Who will produce Lithium Batteries in 2020*? ◦ China: 62% * ◦ USA: 22%
Slide 16: Corporate Transactions in Argentina in Lithium Sector
Corporate Transactions in Argentina in Lithium Sector For personal use only LITHIUM DEALS NEAR LAKE Lithium Americas C$298m US$286m for 36.4% equity + Gangfeng & Bangchak Jan 17 Cauchari Project (LAC) Jujuy (40,000 Ha) (LAC:TSXV) Mkt Cap US$210m debt Petroleum (China) Advantage Lithium C$42m ~US$37m
Slide 17: Developer/Explorer Comparison
Lithium Developer/Explorer Comparison For personal use only 683 274 298 222 156 150 29 14 42 12 Lithium Advantage Lithium -X Latin Red Mtn Lake Americas Lithium Corp Resources Mining Resources (LAC:TSX) (AAL:TSX-V) (LIX:TSX-V) (LRS:ASX) (RMX:ASX) (LKE:ASX) Source: Galaxy Resources Feb 17 Lake Resour
Slide 18: Appendix 1 – JORC Code Table
Criteria Section 1 - Sampling Techniques and Data Criteria Section 2 - Mineral Tenement and Land Tenure Status APPENDIX 1 Sampling techniques • Brine samples were taken from groundwater with a bailing device from a hand dug pit that was deepened using a soil auger at depths of 0.3m to 1.7m. The bail
Slide 19: Lithium Brines Among the Majors – Contact
Lake Resources N.L. (ASX:LKE) – Lithium Brines Among the Majors For personal use only Contact: Stephen Promnitz, Managing Director +61 2 9188 7864 steve@lakeresources.com.au www.lakeresources.com.au Andrew Bursill, CFO/ Company Secretary +61 2 9188 7864 Follow Lake Resources on Twitter: https://twit
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