Strike Resources Limited · ASX:SRK
Strike Resources — Investor Presentation (May 2019)
19 slides from Strike Resources's investor presentation, May 27, 2019
Slide 1: Solaroz Lithium Brine Project, Argentina - Powering the future
Solaroz For personal use only Lithium Brine Project, Argentina Powering the future May 2019
Slide 2: Growth in EV sales is leading to substantial increase in demand for Lithium & Graphite
Growth in electric vehicle (EV) sales is leading to substantial increase in demand for Lithium & Graphite For personal use only 2 Source: Bloomberg NEF
Slide 3: Strike is building an International Battery Minerals company
Strike is building an International Battery Minerals company to meet the needs of the EV Industry For personal use only Solaroz Lithium Brine, Burke High Grade Argentina Graphite, Queensland Burke Graphite Project Location (120km to Mt Isa) Northern Territory Queensland Western Australia South Austr
Slide 4: Solaroz is located in the prolific 'Lithium Triangle' in Argentina
Solaroz is located in the prolific ‘Lithium Triangle’ in Argentina For personal use only • World’s largest reserves of lithium are found in the Lithium Triangle • Argentina is the world’s third largest producer of lithium after Australia and Chile • Solaroz is located in an extremely prospective par
Slide 5: Lithium Brine Projects have significant advantages compared to hard rock lithium
Lithium Brine Projects have significant advantages when compared to hard rock lithium For personal use only 1 Operating costs are lower | Simple production process|More Environmentally Friendly 1 Salt flat 5
Slide 6: Solaroz is located in a highly prospective location
Solaroz (SRK 90%1) is located in a highly prospective For personal use only Location • 12,000 Hectares of concessions adjacent to Orocobre (ASX:ORE, Mkt.Cap. ~ A$900 Million2) and Lithium Americas (TSX:LAC, Mkt.Cap ~ C$400 Million2). • ORE (Salar de Jujuy JV with Toyota) is already a low cost, high
Slide 7: Geological model presents high prospectivity for Solaroz
Geological model presents high For personal use only prospectivity for Solaroz • Extensive exploration work has been undertaken by Orocobre on the Salar de Olaroz Basin 1. • Solaroz sits on alluvial deposits which are relatively recent, in the same Salar de Olaroz Basin. • Strike believes that Solar
Slide 8: Conceptual Geological Model For Solaroz
For personal use only Conceptual Geological Model For Solaroz Mixed mud/sand layers Horizontal axes not to scale. The potential quantity and grade of the Exploration Target is conceptual in nature, there has been insufficient exploration to estimate a Mineral Resource and it is uncertain if further
Slide 9: Solaroz concessions located close to Orocobre's northern bore field
The majority of the Solaroz concessions are located within 20km of Orocobre’s northern bore field Photo taken here, looking south For personal use only 9
Slide 10: Solaroz concession area wraps around the NW corner of the Olaroz Salar
The Solaroz concession area wraps around the NW corner of the Olaroz SalarPhoto taken here, looking North For personal use only 10
Slide 11: Concession area is mostly flat with ample space for evaporation ponds
The concession area is mostly flat and Photo taken here, looking South includes ample space for evaporation ponds For personal use only Orocobre 11
Slide 12: Next Steps for Solaroz
Next Steps for Solaroz For personal use only • Prepare Environmental Impact Assessment (EIA) for submission to regional authority (EIA to cover 2 year work programme). • Undertake mapping, sampling and geophysics to validate geological model and select targets for drilling. • Drilling programme to c
Slide 13: Burke Graphite Deposit, Queensland, Australia
Burke Graphite Deposit (SRK 70%), Queensland, Australia For personal use only One of the world’s highest grade deposits of flake graphite • JORC Resource 6.3 million tonnes @ 16.0% Total Graphitic Carbon (TGC) for 1,000,000 tonnes of contained graphite1. • Includes 2.3 million tonnes @ 20.6% TGC (wi
Slide 14: Leadership and Technical Support
Strike Resources Limited (ASX:SRK) Leadership and Technical Support For personal use only Managing Director - William Johnson Director - Professor Malcolm Richmond MA (Oxon),MBA,MAICD BSc Hons (Metallurgy) and B. Comm. Merit (Econs) (UNSW) Mr Johnson holds a Masters degree in Engineering Science Pro
Slide 15: Summary - Strike well positioned for forecast growth in battery minerals demand
Summary - Strike is now well positioned to take advantage of forecast growth in For personal use only demand for key battery minerals. Lithium • Solaroz offers significant upside potential, given its location next to Orocobre’s producing project – a great address! • Exploration programme underway to
Slide 16: Directors, Capital Structure and Major Shareholders
Strike Resources Limited (ASX:SRK) Technical Consultant SRK Recent Share Price Performance For personal use only Directors Farooq Khan (Chairman) Peter Smith Bcom, BSc, AIG, ASEG BJuris, LLB William Johnson (Managing Director) Acquisition of Solaroz Ma (Oxon), MBA, MAIC. Prof. Malcolm Richmond BSc H
Slide 17: For personal use only
For personal use only Australia William Johnson Managing Director Strike Resources Limited Tel: +61 8 92149700 Mob: +61 419047460 wjohnson@strikeresources.com.au 17
Slide 18: JORC Code (2012) Competent Person's Statement
JORC CODE (2012) COMPETENT PERSON’S STATEMENT - Solaroz Lithium Brine Project The information in this document that relates to Exploration Targets in relation to the Solaroz Lithium Brine Project (Argentina) is extracted from the following ASX market announcement made by Strike Resources Limited on:
Slide 19: Disclaimer
This document has been prepared by Strike Resources Limited (the "Company” or “STRIKE”). No representation, expressed or implied, or warranty as to the For personal use only accuracy or completeness of the information contained herein is made by any party and nothing contained herein shall be relied