Ultra Lithium Inc. · TSXV:ULT
Ultra Lithium — Investor Presentation (November 2018)
33 slides from Ultra Lithium's investor presentation, November 2018
Slide 1: Corporate Presentation November 2018
Corporate Presentation November 2018 ULTRA LITHIUM INC. WWW.ULTRALITHIUM.COM TSX.V : ULI • FSE : QFB
Slide 2: Disclaimer
TSX.V : ULI Disclaimer FSE : QFB This presentation contains forward looking statements including but not limited to comments regarding predictions and projections. Forward looking statements address future events and conditions and therefore involve inherent risks and uncertainties. Although Ultra L
Slide 3: Project Overview and Highlights
TSX.V : ULI Project Overview and Highlights FSE : QFB Ultra Lithium is a lithium focused exploration company with diversified lithium projects in strategically located jurisdictions in Argentina, Canada and the USA. • Five Brine Lithium Projects in Argentina, including a new high grade brine lithium
Slide 4: Argentina Brine Lithium Projects
TSX.V : ULI Argentina Brine Lithium Projects FSE : QFB • Ultra Lithium owns the following five brine lithium properties covering over 25,000 hectares land in Catamarca Province, Argentina. q Laguna Verde q La Borita q Antafalla North / Amelia q Archibarca q Galan • Located within the famous Lithium
Slide 5: Laguna Verde – A New High Grade Brine Discovery
TSX.V : ULI Laguna Verde – A New High Grade Brine Discovery FSE : QFB • 7,569 hectares land in 3 mining licenses, located in Catamarca Province, Argentina. • Two rounds of brine surface sampling in 2017 indicate a high grade brine discovery with values of lithium in the range of 14 ppm to 1,270 ppm,
Slide 6: Laguna Verde – 2018 Geophysical Survey
TSX.V : ULI Laguna Verde – 2018 Geophysical Survey FSE : QFB • In 2018, the Company contracted Beijing Technology and Engineering Co., Ltd. (BETEC) from China to complete Gravity and Time Domain Electromagnetic (TDEM) surveys on brine properties in Argentina. • A total of 39.2-line- kilometers of gr
Slide 7: Laguna Verde – 2018 Evaporation Test Work
TSX.V : ULI Laguna Verde – 2018 Evaporation Test Work FSE : QFB • The Company has started a bench scale evaporation test at its laboratory currently established in Salta, Argentina. • A four cubic metre (4,000 liters) brine samples taken from Salar Laguna Verde was shipped to the Company’s lab in Ju
Slide 8: La Borita Brine Lithium Project, Argentina
TSX.V : ULI La Borita Brine Lithium Project, Argentina FSE : QFB • La Borita property comprised of 3,000 hectares land in four mining licenses located in Catamarca Province, Argentina. • Road and rail are accessible connecting to a port. • Salar del Hombre Muerto partly owned by FMC Lithium is locat
Slide 9: La Borita Project – 2017 Exploration Results
TSX.V : ULI La Borita Project – 2017 Exploration Results FSE : QFB • September 2017 sampling results indicate: q Sample from Hole LB002 shows 220 milligrams per liter (mg/L) lithium, 1140 mg/L magnesium, 423 mg/L boron and 1790 mg/L potassium. q Sample from Hole LB004 returned 176 mg/L lithium, 4690
Slide 10: La Borita Project – Moving Forward
TSX.V : ULI La Borita Project – Moving Forward FSE : QFB • Initial evaluation by a process engineering firm indicate very good potential for faster evaporation and concentration of lithium salts. • Carry out pumping tests to define hydrogeological characters of the basin and its pumping capacity. •
Slide 11: Amelia Property – Salar Antafalla North
TSX.V : ULI Amelia Property – Salar Antafalla North FSE : QFB • Three mining licenses covering 5,400 hectares land. • Located in the northern part of Salar de Antofalla, where adjacent to the south a deposit historically explored by Rio Tinto and is currently owned by Albemarle Corporation, a leadin
Slide 12: Amelia Property – Current and Future Exploration Work
TSX.V : ULI Amelia Property – Current and Future Exploration Work FSE : QFB • 2017 Shallow sampling results indicated lithium values of 2.55 mg/L to 75.5 mg/L with an average of 31.8 mg/L; magnesium values are in the range of 36.3 mg/L to 1100 mg/L with average 528.8 mg/L, boron less than 14 mg/L to
Slide 13: Archibarca and Galan Properties
TSX.V : ULI Archibarca and Galan Properties FSE : QFB • Laguna del Salitre / Laguna de Aparoma licenses combined called Galan brine Property, comprised of two licenses covering 5,400 Ha located about 80 km to the south of the Salar del Hombre Muerto partly owned by FMC Lithium. • Archibarca Property
Slide 14: Archibarca and Galan Properties – Current and Future Work
TSX.V : ULI Archibarca and Galan Properties – Current and Future Work FSE : QFB • During October 2017 sampling indicate lithium values in the range of <1 – 72.8 ppm, potassium values 25.9 – 2,090 ppm, magnesium 9.5 – 1060 ppm with Mg/Li ratio of 14.6 – 21.6. • The Property presents interesting value
Slide 15: Georgia Lake Lithium Pegmatites Project
TSX.V : ULI Georgia Lake Lithium Pegmatites Project FSE : QFB The property consists of 100% ownership of 16 mineral claims covering 2,416 ha land in 151 units located in Thunder Bay Mining Division, Ontario, Canada. • Stable and favourable mining jurisdiction: – Favourable mining policies – Supporti
Slide 16: Georgia Lake – Geology and Mineralization
TSX.V : ULI Georgia Lake – Geology and Mineralization FSE : QFB • Majority of pegmatites are hosted by Archaean meta-sediments near large masses of granite. • Spodumene is the main lithium mineral, and spodumene and feldspar are mostly aligned normal to the pegmatite wall. • Potential for other rare
Slide 17: Georgia Lake – Exploration Work
TSX.V : ULI Georgia Lake – Exploration Work FSE : QFB In June 2016, the Company carried out prospecting and grab sampling on eight lithium pegmatites on the Property: • The results showed that out of total 21 samples, ten samples were over 1% lithium oxide and five samples were 2% or more lithium ox
Slide 18: Georgia Lake – Exploration Work (Continued)
TSX.V : ULI Georgia Lake – Exploration Work (Continued) FSE : QFB • In October-November 2016, the Company completed a stripping, trenching, and channel sampling program at Camp Pegmatite on the Property. The work indicated over 1% lithium from 1-3 m width with other rare metals values. • In April-Ma
Slide 19: Georgia Lake – Plan Moving Forward
TSX.V : ULI Georgia Lake – Plan Moving Forward FSE : QFB • The property has a potential to produce small to medium scale lithium oxide concentrate (20,000 tonnes per year). • Management is considering to apply for a quarrying permit to facilitate small scale trial production. • Recently ULI has acqu
Slide 20: New Acquisition – Forgan Lake Pegmatites
TSX.V : ULI New Acquisition – Forgan Lake Pegmatites FSE : QFB • In September 2018, the Company acquired Forgan Lake Property from International Lithium Corp. (TSX:V-ILC). • Forgan Lake Property comprised of 18 cell claims and two boundary claims with a total area 256 hectares. • Historical drilling
Slide 21: South Big Smoky Valley Project, Nevada
TSX.V : ULI South Big Smoky Valley Project, Nevada FSE : QFB Strategically located in Esmeralda County, Nevada, the property is: • 26 km to the Silver Peak Mine in Clayton Valley which is the only lithium producer in North America. • Silver Peak Mine has been in production since 1967. • Only 310 km
Slide 22: South Big Smoky – Future Plans
TSX.V : ULI South Big Smoky – Future Plans FSE : QFB • The Company drilled two holes in 2016 based on a ground geophysical survey and has optioned the Property to anther lithium company to move the project forward. WWW.ULTRALITHIUM.COM ULTRA LITHIUM INC. | PAGE 22
Slide 23: Lithium Extraction and Production Future Plans
TSX.V : ULI Lithium Extraction and Production Future Plans FSE : QFB • The Company has signed a Memorandum of Understanding (MOU) with CADAVISA TECHNOLOGY CORPORATION (“CTC”) of Beijing, China to cooperate in lithium extraction and production using CTC’s proprietary technology. • CTC uses selective
Slide 24: Leadership – Directors and Officers
TSX.V : ULI Leadership – Directors and Officers FSE : QFB Dr. Weiguo Lang – President & CEO, Director • Has over 20 years of management and operational experiences in mining, technology and agriculture sector with a focus on building strategic alliances, joint ventures and financing. • Executive Dir
Slide 25: Lithium – Global Lithium Sectors Demand
TSX.V : ULI Lithium – Global Lithium Sectors Demand FSE : QFB • Batteries accounted for only ~4% of lithium demand in 2000, but 39% in 2015 and is expected to grow to 65% by 2025. (Source: Deutsche Bank) • Lithium demand expected to triple by 2025 as compared to 2013. • Lithium price has more than d
Slide 26: Lithium – Global Lithium Sectors Demand
TSX.V : ULI Lithium – Global Lithium Sectors Demand FSE : QFB New producers are required Demand in to meet demand growth 2020 could require an average of 400,000 tonnes LCE per annum Supply in 2020 could be 18% less than demand average WWW.ULTRALITHIUM.COM ULTRA LITHIUM INC. | PAGE 26
Slide 27: Lithium – Global Lithium Sectors Demand
TSX.V : ULI Lithium – Global Lithium Sectors Demand FSE : QFB • Currently, the Lithium supply is controlled by four major producers who control lithium production and prices. • Big producers may not be able to keep up with the new demand. • New producers are required to meet future supply deficit. S
Slide 28: Lithium – Global Lithium Prices
TSX.V : ULI Lithium – Global Lithium Prices FSE : QFB Lithium price has stabilized and is forecasted to remain above USD $10,000/t for LCE and $700/t for Li2O concentrate per until 2025. WWW.ULTRALITHIUM.COM ULTRA LITHIUM INC. | PAGE 28
Slide 29: Future Plans
TSX.V : ULI Future Plans FSE : QFB Ultra Lithium has a portfolio of projects with a combination of high grade brine & hard rock lithium values. Laguna Verde Plans • Complete geophysical surveys, bench / pilot scale evaporation test work, drilling and resource estimation in 2018-19 (Geophysical surve
Slide 30: Conclusion – Why Ultra Lithium Is a Superior Investment
TSX.V : ULI Conclusion – Why Ultra Lithium Is a Superior Investment FSE : QFB The Right Projects The Right Locations • Recent discovery of high lithium values in • Strategically located in North America and Laguna Verde has put ULI in a competitive Argentina with proximity to consumer markets; advan
Slide 31: Conclusion – Comparable Public Companies (As of Jan 2018)
TSX.V : ULI Conclusion – Comparable Public Companies (As of Jan 2018) FSE : QFB Project M. Cap Shares OS Share Price* Company Ticker Type Loca3on ($M) (M) ($) Ultra Lithium Argen3na, Brine ULI.V 11.65 70.60 $ 0.165 Inc. Canada & USA Hard Rock Cri$cal CRE.V Quebec Hard Rock 124.05 157.03 $ 0.76 Eleme
Slide 32: Conclusion – Undervalued Investment Potential
TSX.V : ULI Conclusion – Undervalued Investment Potential FSE : QFB Share Structure – As of Oct 11, 2018 • Shares Outstanding 64,722,248 – Options 3,350,000 – Warrants 1,000,000 • Fully Diluted 70.6 Million • TSX-V: ULI • OTC QB: ULTXF • Frankfurt: QFB WWW.ULTRALITHIUM.COM ULTRA LITHIUM INC. | PAGE
Slide 33: Contact Us
TSX.V : ULI Contact Us FSE : QFB Ultra Lithium Inc. Kiki Smith, CPA, CGA Suite 2300 Chief Financial Officer 1177 West Hastings Street E: kiki@ultralithium.com Vancouver BC T: +1-778-968-1176 Canada V6E 2K3 F: +1-604-909-4682 Website: www.ultralithium.com Afzaal Pirzada, M.Sc.(Geology), P.Geo. Vice P
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