Global Lithium Resources Ltd. · ASX:GL1

Global Lithium Resources — Investor Presentation (April 2023)

25 slides from Global Lithium Resources's investor presentation, Apr 5, 2023

  1. Slide 1: Fast Tracking Two Lithium Projects in the World's Best Mining Jurisdiction

    Fast Tracking Two Lithium Projects in the World’s Best Mining Jurisdiction Through discovery, systematic exploration and development 4-6 April 2023 | ASX:GL1 Ron Mitchell – Managing Director

  2. Slide 2: Important Notice and Disclaimer

    Important Notice and Disclaimer These presentation materials and the accompanying verbal presentation (together, the Presentation Materials) have been prepared • involve known and unknown risks and uncertainties that could cause actual events or results to differ materially from estimated or by Glob

  3. Slide 3: Global Lithium Value Proposition

    Global Lithium Value Proposition ▪ Combined Mineral Resource of 50.7Mt @ 1.0% Li2O Multi-asset ▪ Two highly prospective projects provides significant optionality around development development optionality and funding alternatives Marble Bar Lithium Project ▪ Global Lithium wholly owns 2 of only 14 J

  4. Slide 4: GL1 Corporate Snapshot (31 March 2023)

    GL1 Corporate Snapshot (31 March 2023) Market Cap Share Price Shares on issue Options1 Cash2 A$363m A$1.41 257.3m 13.5m A$71.6m Share Register ASX share price performance Mineral Resources 9.7% Millions 8 $3.5 7 $3.0 Suzhou TA&A 9.7% 6 $2.5 Share Price (A$) 5 Volume (m) $2.0 Yongfang Guo 6.3% 4 $1.5

  5. Slide 5: Western Australia – a Global Brand

    Western Australia – a Global Brand World’s Best Jurisdiction Why WA Spodumene? • WA spodumene is proven as the preferred raw material for lithium • WA iron ore Built the new world chemical production • WA lithium will Power the new world • WA is the most attractive jurisdiction in • Spodumene pricin

  6. Slide 6: Lithium in the Headlines

    Western Australia Lithium in the Headlines 6

  7. Slide 7: Manna Lithium Project

    100% Owned Project 1 Manna Lithium Project 7

  8. Slide 8: Manna Lithium Project

    Manna Lithium Project • Outcropping spodumene bearing pegmatite Geology • High grade individual pegmatite dykes +20m wide • 100% ownership acquired1 Manna Deposit • Mineral Resource Estimate of 32.7Mt @ 1.0% Li2O2 • Significant exploration upside with resource open at depth Significant and to the NE

  9. Slide 9: Manna Exploration Upside

    Manna Exploration Upside Pathway to a Larger Resource at Manna • Manna is a developing world class lithium asset • A significant new extension to the Manna resource has been discovered • Will likely constitute a second open pit • The new extension is open both along strike and down dip • Latest resu

  10. Slide 10: Robust Initial Scoping Study Results at Manna

    Robust Initial Scoping Study Results at Manna A$2.8 Billion 10 Year 2Mtpa & 221ktpa 32.7Mt at 1% Li20 Robust pre-tax NPV8% Life of Mine ROM & SC5.5 Nameplate Mineral Resource Estimate 15 Month Payback US$688/t & $419M 103% 100% ownership after first production LOM cash OPEX & CAPEX IRR of Manna Lith

  11. Slide 11: Manna Lithium Project – Next Steps

    Manna Lithium Project – Next Steps Definitive Feasibility Study (DFS) • Experienced lithium engineering consultant Wave International has commenced the DFS1 • Feasibility Study results expected in Q4 CY2023 • Final Investment Decision (FID) in CY2024 • Further Mineral Resource update in CY2023 incor

  12. Slide 12: Marble Bar Lithium Project

    100% Owned Project 2 Marble Bar Lithium Project 12 DIGGERS & DEALERS PRESENTATION | August 2022

  13. Slide 13: Marble Bar Lithium Project: Highly prospective geological setting

    Marble Bar Lithium Project Highly prospective geological setting • Spodumene bearing pegmatite hosted in greenstone and granite contact Geology • Demonstrates similar geological settings to the nearby Pilgangoora1 and Wodgina2 deposits • Inferred Mineral Resource of 18.0Mt @ 1.0% Li2O3 Resource • Li

  14. Slide 14: Marble Bar: Results Demonstrate Upside Potential

    Marble Bar Lithium Project Results Demonstrate Upside Potential Highest grade lithium assays delivered to date1 • A large intrusive related mineral system = significant upside • 2023 exploration campaign targets lithium mineralised pegmatites to establish prospectivity both along strike and down dip

  15. Slide 15: Key Milestones

    Key Milestones Global Lithium Resources CY24 CY25 CY26 • Exploration (MBLP & Manna) • DFS (Manna) • Metallurgical test work (Manna) • DSO & downstream lithium studies (Manna) • Resource upgrades (MBLP & Manna) • Environmental / Native Title approvals (Manna) • Final Investment Decision (Manna) • Con

  16. Slide 16: A Clear Strategy - Positioned for Growth

    A Clear Strategy - Positioned for Growth Strategic Positioning Positioned in the World’s best mining jurisdiction, strong team driven by ESG fundamentals Value Accretive DSO and downstream lithium chemical studies scheduled for 2023 Growth Focussed 2 projects 100% wholly owned providing development

  17. Slide 17: GL1 Purpose & Values

    GL1 Purpose & Values Empowering people to power the planet People | Power | Planet SAFETY INNOVATION The standard you walk past is the We empower people to innovate standard you accept. for the better. OWN IT TEAMWORK We do what we say we will do. We all win when we work together with a can-do minds

  18. Slide 18: Slide 18

  19. Slide 19: Contact Us

    Contact Us RON MITCHELL au.linkedin.com/company/ Managing Director global-lithium-resources +61 8 6103 7488 info@globallithium.com.au @Global_Lithium VICTORIA HUMPHRIES Subscribe to our mailing list at: Media and Investor Relations globallithium.com.au +61 (0) 431 151 676 victoria@nwrcommunications.

  20. Slide 20: Board

    Board Warrick Hazeldine Dr Dianmin Chen Non-Executive Chair Non-Executive Director Co-founder & NED of Cannings Purple; Non-Executive Chair ChemX Founder of Global Lithium with 35 years' experience in metals, mining (ASX:CMX), 20 years capital markets experience with a key focus on and capital marke

  21. Slide 21: Management & Leadership

    Management & Leadership Matt Allen Simon Corrigan Chief Financial Officer Approvals and Corporate Affairs Advisor Chartered accountant and finance professional with +25 years More than 20 years of experience in approvals, government experience in debt and equity funding, operation and management of

  22. Slide 22: ESG at Global Lithium

    At the heart of our values ESG at Global Lithium THINK GLOBAL, ACT LOCAL THE MOST IMPORTANT THINGS WITH HELP FROM THE BEST This year, Global Lithium will begin its Global Lithium recently undertook a stakeholder Resources-industry sustainability specialists journey towards the adoption of globally-

  23. Slide 23: ESG Achievments

    At the heart of our values ESG Achievments • ESG project team in place • Engaged specialist ESG consultants (Futureproof) • Sustainability roadmap completed • Materiality assessment completed • Appointment of Community Relations Manager Case study: Marble Bar • ESG formalised within governance struc

  24. Slide 24: Strategic Investors

    Strategic Investors Mineral Resources Limited Suzhou TA&A Access to downstream lithium expertise PORT HEDLAND Access to upstream lithium expertise MLBP • Mineral Resources and Suzhou TA&A each have a MARBLE BAR 9.7% interest in GL1 following the $111.5m Institutional Wodgina Placement in October 202

  25. Slide 25: Global Lithium – Mineral Resources

    Global Lithium – Mineral Resources Million Tonnes Project Name Category Li2O% Ta2O5 ppm (Mt) Marble Bar Indicated 3.8 0.97 53 Inferred 14.2 1.01 50 Subtotal 18.0 1.00 51 Manna Indicated 18.5 1.03 45 Inferred 14.2 0.97 43 Subtotal 32.7 1.00 44 Combined Total 50.7 1.00 46 1. Refer ASX release titled “

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