Hertz Energy Inc. · CSE:HZ
Hertz Energy — Hertz Lithium — Investor Presentation (May 2023)
22 slides from Hertz Energy's investor presentation, May 4, 2023
Slide 1: Developing Hard Rock Lithium Along the Arizona Pegmatite Belt
DEVELOPING HARD ROCK LITHIUM ALONG THE ARIZONA PEGMATITE BELT hertzlithium.com CSE : HZ Q2 2023
Slide 2: Disclaimer
DISCLAIMER CAUTIONARY NOTE REGARDING FORWARD-LOOKING INFORMATION Certain statements contained in this Presentation constitute forward-looking statements and forward-looking information (collectively, “forward-looking statements”). Such forward-looking statements relate to possible events, conditions
Slide 3: Critical Minerals Rush
CRITICAL MINERALS RUSH In August 2022, President Biden signed the In ation Reduction Act (IRA). This removes the cap on credit, which is at 200,000 EVs sold per automaker – welcome news for manufacturers such as Tesla, General Motors and Toyota and more. New sourcing requirements for critical batter
Slide 4: Well Timed Opportunity in Lithium
WELL TIMED OPPORTUNITY IN LITHIUM Lithium demand is rapidly increasing in response to movement to green technologies and their reliance on battery materials Lithium is one of the key components in electric vehicle (EV) batteries, but global supplies are under strain because of rising EV demand Accor
Slide 5: Company Highlights
COMPANY HIGHLIGHTS 100% owned Lucky Mica Lucky Mica Property is part of Top tier mining jurisdiction, as Arizona Property covers 939 hectares the renowned Arizona ranked in the top 5 in the Fraser Pegmatite Belt Institute’s 2021 global rankings ESG Partnership with Penn State ESG implemented at all
Slide 6: Key Value Drivers
KEY VALUE DRIVERS HISTORICAL RESULTS ARIZONA PEGMATITE BELT PATENT-PENDING TECHNOLOGY • Strong, early-stage exploration and WITH LITHIUM • Reports of lithium mineralization in development of US hard rock lithium • Partnership with Penn State the area date back to the 1950’s assets University to furt
Slide 7: Arizona Pegmatite Belt
ARIZONA PEGMATITE BELT Hertz Lithium’s Lucky Mica Property is well positioned in the Arizona Pegmatite Belt, an emerging high-grade hard rock lithium district with known lithium deposits Pegmatites contain a lithium-bearing mineral known as Lepidolite and Spodumene Historical exploration demonstrate
Slide 8: Geology
GEOLOGY The Lucky Mica Property is part of the Arizona Pegmatite Belt, along the southern margin of the basin and range tectonic domain Pegmatites in this belt occur in igneous and metamorphic rocks of Precambrian age. These are partly covered by sedimentary and volcanic rocks of Tertiary and Quater
Slide 9: Lucky Mica Property
LUCKY MICA PROPERTY Potential ore-grade lithium resource in the United States Hertz Lithium’s 100% owned Lucky Mica Property covers 939 hectares in Maricopa Country, Arizona along the Arizona Pegmatite Belt.* The Property is approximately 10 km southwest of the town of Wickenburg. The area is easily
Slide 10: Resource Potential Could Be Between 330,000 and 3.0M Tonnes
RESOURCE POTENTIAL COULD BE BETWEEN 330,000 AND 3.0M TONNES According to a report issued by SGS Canada in 2017 on Redzone’s original 25 claims Based on the surface mapping, sectional interpretation and sampling for the Lucky Mica dike alone, SGS Canada Inc. has defined a target envelope tonnage of b
Slide 11: Lucky Mica & Patriot Lithium
LUCKY MICA & PATRIOT LITHIUM The Lucky Mica Property is adjacent to Patriot Lithium’s Wickenburg Project. Patriot Lithium has a current valuation of AUD $16.73M (as of 04/23/23). CSE : HZ | hertzlithium.com 11
Slide 12: Work Completed
WORK COMPLETED Hertz has conducted soils sampling, aeromagnetic geophysics, and confirmation rock sampling A site visit of the Property was completed by Lee R. Beasley, CPG, M.Sc., the geological consultant in February of 2022. Mr. Beasley conducted field inspection of the Lucky Mica dike and prelim
Slide 13: Proposed Exploration: Phase 1
PROPOSED EXPLORATION Phase 1: 1. Remote Sensing 2. Data Compilation - Ongoing 3. Field mapping and Prospecting 4. Trenching, mapping and sampling 5. Laboratory geochemical analysis 6. Geophysical/Lithostructural Interpretation and targeting. Digital elevation models (3D Topographical Models) over th
Slide 14: Proposed Exploration: Phase 2
PROPOSED EXPLORATION Phase 2: 1. Exploration Drilling 2. Laboratory geochemical analysis A systematic drilling grid has been established for approximately 1500 m of diamond drilling to test continuity of the principal lucky mica pegmatite showing. A drilling grid has been established across the show
Slide 15: Jurisdiction
JURISDICTION Arizona ranked in the top 5 in the Fraser Institute’s 2021 global rankings for mining investment1 Arizona chosen as location for first American-owned lithium-ion battery plant Easy road access 2 hours from Phoenix, Arizona Politically stable with a clear and transparent permitting syste
Slide 16: Patent-Pending Lithium Processing Technology
PATENT-PENDING LITHIUM PROCESSING TECHNOLOGY Partnership with Penn State University, College of Earth and Mineral Sciences, to further develop new patent-pending technology for Extraction of Lithium from Spodumene. The current process of lithium extraction requires roasting the spodumene at a temper
Slide 17: Process Flow
PROCESS FLOW A novel chemical extraction process to recover lithium • Raw ore is first microwave roasted to transform spodumene to soluble phases • Water leaching with NaOH removes unreacted chemicals • Further acid leaching recovers lithium • Final purification reaches up to 90% lithium recovery NE
Slide 18: Peers Along the Arizona Pegmatite Belt
PEERS ALONG THE ARIZONA PEGMATITE BELT San Domingo £23.07M* Wickenburg AUD $16.73M* MIDNIGHT OWL USD $113.2M* Big Sandy AUD $116.03M* Bradda Head Lithium, listed on the Similar to Lucky Mica, Patriot Lithium’s BrightRock Gold Corp. is a lithium Arizona Lithium’s successful 2019 Wickenburg Project pe
Slide 19: Commitment to ESG
COMMITMENT TO ESG ESG implemented at all stages of resource development E S G Hertz Lithium is Option Agreement with the We are committed to minimizing the focused on battery Penn State Research environmental effects of our operations, metal projects to Foundation to develop an providing a safe and
Slide 20: Experienced Leadership Team with Proven Track Record
EXPERIENCED LEADERSHIP TEAM WITH PROVEN TRACK RECORD KAL MALHI Mr. Kal Malhi is an experienced entrepreneur and the Founder of Bullrun Capital. He has fundraised $300M+ in capital for startup CEO & Director companies, and specializes in working with academia to advance impactful technology. Ms. Kanj
Slide 21: Share Structure
SHARE STRUCTURE Number of Common Shares Issued or Reserved for Issuance Common Shares outstanding 30,047,701 Total Common Shares (Diluted) 30,477,001 Common Shares Issuable Upon Exercise of Currently Outstanding Warrants 3,795,000 Common Shares Issuable Upon Exercise of Warrants Issued Pursuant to t
Slide 22: Thank You
THANK YOU CSE : HZ 1500 – 1055 West Georgia Street, Vancouver, BC, Canada V6E 3N9 Phone: 604-805-4602 Email: info@hertzlithium.com hertzlithium.com