Noa Lithium Brines Inc · TSXV:NOAL
Noa Lithium Brines — Investor Presentation (November 2024)
29 slides from Noa Lithium Brines's investor presentation, November 2024
Slide 1: The Newest Player in the Most Prolific Lithium-Producing District
NOAL: TSX-V The Newest Player in the Most Prolific Lithium-Producing District in the World. November 2024 1
Slide 2: Disclaimer
DISCLAIMER The information in this presentation includes certain “forward-looking statements” under applicable Canadian securities legislation. Forward-looking statements are necessarily based upon a number of estimates and assumptions that, while considered reasonable, are subject to known and unkn
Slide 3: Investment Highlights
INVESTMENT HIGHLIGHTS NOA is the newest Lithium salars are NOA's portfolio Key players in the player in the most among the world's includes significant region include prolific lithium- highest-grade, positions at three Arcadium, Lithium producing district lowest-costs prospective salars: Argentina,
Slide 4: The Place to Be for Lithium
THE PLACE TO BE FOR LITHIUM Salars in the triangle are among the highest-grade, lowest cost operations in the world. Argentine legal regime regulates Li as any other mineral. Li concessions granted to private parties, there are no limits on concessions, production or exports as seen in neighboring c
Slide 5: The Lithium Triangle
THE LITHIUM TRIANGLE Home to NOA’s projects, holds the world’s best lithium resources in terms of costs & grades NOA’S THREE MAJOR SALARS: ✓ Rio Grande (37k ha) ✓ Arizaro (78k ha) ✓ Salinas Grandes (10k ha) 50 km
Slide 6: Experienced Leadership
EXPERIENCED LEADERSHIP Founded and Led by a Team With Significant Previous Success Specifically in the Region, both in Lithium & Other Metals. Board & Management Have Significant Industry Experience Hernán. Gabriel. Miguel Zaballa,. Rubacha, | EXECUTIVE CHAIRMAN | CEO & DIRECTOR ● Argentina-based mi
Slide 7: Capital Structure
CAPITAL STRUCTURE Current *All financial figures in C$ Total Shares Out ~136M 18.5% Management and Founders Ownership ~37% Warrants out ($0.2/0.5/0.6/sh) ~78M 45.3% Warrants held by Mgmt./Founders ~40% 18.1% Options out 10.5M 18.1% ■ Sr. Management (Founding Partners) ■ Other Founders ■ Seed Capital
Slide 8: Recent Transaction
RECENT TRANSACTION ● NOA entered into a strategic investment agreement with Clean Elements Ltd., which will provide gross proceeds of CAD $13.5 million through a non- brokered private placement. ● Clean Elements is a private holding company focused on developing lithium assets globally. ● Clean Elem
Slide 9: Capital Structure - Post Closing
CAPITAL STRUCTURE Post Closing *All financial figures in C$ Total Shares Out ~221M Management and Founders Ownership ~24% 35.9% 30.8% Warrants out ($0.2/0.221/0.5/0.6/sh) ~160M Warrants held by Mgmt./Founders ~21% Options out 10.5M 8.9% 14.1% 10.3% ■ Other Investors ■ Clean Elements ■ Sr. Management
Slide 10: Alluvial Properties Analogs
ALLUVIAL PROPERTIES ANALOGS ARENA MINERALS GALAN LITHIUM All claims in PG basin Acquired by LAC for $311M, All claims in HMW basin ~$200M market cap <1Mt Target was 1Mt LCE 6Mt LCE resource NOAL: TSX-V | 10
Slide 11: Río Grande
NON! RIO GRANDE NOAL: TSX-V _ |
Slide 12: Río Grande
RÍO GRANDE ● ~37,000 ha in and around the salar; one of the largest claimholders on the salar along with Pluspetrol ● Significant existing data - geoelectric studies, surface sampling & drilling ● Potential for growth (less than 15% of the properties drilled) ● Initial Drilling Campaign completed on
Slide 13: Río Grande Drill & Development Plan
RÍO GRANDE DRILL & DEVELOPMENT PLAN INITIAL DRILLING CAMPAIGN INCLUDED: ● 5 holes (~600 m each) (four considered in Maiden Resource) ● Packer sampling of brine during drilling (density electrical conductivity, total dissolved solids, pH, temperature) ● Brine samples for full geochemical analyses, in
Slide 14: Río Grande Drill Results
RÍO GRANDE DRILL RESULTS HOLE #1: ● ~230 m of Li brine ● 71 m of avg 433 mg/l Li starting at 101 m ● 158 m of avg 773 mg/l Li starting at 311 m ● Max grade of 925 mg/l HOLE #2: ● ~300 m of Li brine ● 158 m of avg 440 mg/l Li starting at 17 m ● 149 m of avg 485 mg/l Li starting at 317 m ● Max grade o
Slide 15: Rio Grande Resource Estimate
RÍO GRANDE RIO GRANDE RESOURCE ESTIMATE ● 5 holes (~600 m each) ● Maiden resource of approx. 4.7 M tons LCE (M&I + I) ● Measured and Indicated: 2.7M tons LCE – Inferred: 2.0M tons LCE ● High concentration lithium: Avg. 525 mg/l ● Potential to grow: Only 12% of the properties has been drilled (approx
Slide 16: Brine Projects in NW Argentina
BRINE PROJECTS IN NW ARGENTINA High Concentration Mid-Range Concentration Low Concentration Projects +700mg/l Projects +450-700mg/l Projects* +200-400mg/l ● Salar del Hombre Muerto ● Cauchari-Olaroz (Ganfeng, ● Rincon (Rio Tinto, Argosy, (Livent, POSCO, Galan, Lithium Americas, Allkem) Argentina Lit
Slide 17: Brine Projects in NW Argentina: Market Cap to Resource
BRINE PROJECTS IN NW ARGENTINA NOAL is well position amongst comparable peers in the region with a high potential upside Market Cap to Resource Multiple US$/Tonne LCE (M&I Only) (October, 2024 Valuation) $ 70 $ 60 $ 50 $ 40 Avg. Comparable Peers: $33 $ 30 $ 20 $ 10 $8 $- NOAL: TSX-V | 17
Slide 18: Brine Projects in NW Argentina: Market Cap to Hectares
BRINE PROJECTS IN NW ARGENTINA NOAL is well position amongst comparable peers in the region with a high potential upside Market Cap to Mining Properties (Hectares) US$/Ha. (October, 2024 Valuation) 8,000 7,000 6,000 Avg. Comparable Peers: $5,406 5,000 4,000 3,000 2,000 1,000 $541 - NOAL: TSX-V | 18
Slide 19: Arizaro
INOM Baine= ARIZARO NOAL: TSX-V _ |
Slide 20: Arizaro
ARIZARO ● One of the least explored salars in Argentina; NOA has ~78,000 ha at the salar ● Next to Lithium Chile’s already explored claims (w/ >500 mg/L Li at depth) ● Other companies on salar: Pluspetrol, Eramet, Tibet Summit, Hanaq ● Close to Arizaro railway station + good road access ● Geophysics
Slide 21: Valuation for Arizaro Claims
VALUATION FOR ARIZARO CLAIMS REMSA Public Tenders Company Date Price Ha. Price per Ha. Other commitments Lilac oct. 2021 $12,000,000 6,000 $2,000 Investment: $5,150,000 Ganfeng (Area I) ago. 2023 $4,416,814 2,969 $1,488 NSR: 2.1%. Social commitment: $200,000 Ganfeng (Area II) ago. 2023 $8,510,525 5,
Slide 22: Salinas Grandes
SALINAS GRANDES NOAL: TSX-V | 22
Slide 23: Salinas Grandes
SALINAS GRANDES ● 10,200 ha in the alluvial /salar ● Surrounded by properties already explored by Orocobre (later LSC and now Pluspetrol) ● NI 43-101 report by LSC in 2013 ● Excellent geophysics results in TEM and VES done by NOA ● Fully paved road access, 40 km from rail station ● Nearby Puna gas p
Slide 24: Path Forward
Path Forward NOAL: TSX-V | 24
Slide 25: NOA Plan Overview
NOA PLAN OVERVIEW DRILLING CAMPAIGN | Project RIO GRANDE ARIZARO SALINAS GRANDES | Plan ● Resource Expansion ● Develop the project ● Maiden Resource ● Pumping Wells with a partner ● Water Exploration ● Maiden Resource | Description ● 2-3 holes to better define and ● Scheduled to start in 2025 ● Star
Slide 26: Appendix
INOM Baine= Appendix NOAL: TSX-V _ |
Slide 27: Brine Projects in NW Argentina
BRINE PROJECTS IN NW ARGENTINA Resource M+I @ 2.7M Tn LCE Li Carb $10K Li Carb $23K Li Carb $42K Li Carb $52K Li Carb $10K Li Carb $23K Li Carb $42K Li Carb $52K Li Carb $10K Li Carb $23K Li Carb $42K Li Carb $52K Core Resource Market Cap Market Cap Market Cap Market Cap US$/kg US$/kg US$/kg US$/kg
Slide 28: Transaction Valuation for Brine Projects Argentina
TRANSACTION VALUATION FOR BRINE PROJECTS ARGENTINA Recent M&A transactions valuation: CAD$100-200M per 1 MT LCE, at an average 402 mg/Li. NOA: >2MT LCE from initial exploration in only 1 out of 3 projects, at 612 mg/Li. Date Asset Seller Buyer Prop. Size (ha) Resource (mt) Resource Grade $CAD (M) 20
Slide 29: Contact
| NOAL: TSX-V CONTACT info@noalithium.com
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