Liontown Limited · ASX:LTR
Liontown — Liontown Resources — Shareholder Meeting (November 2016)
29 slides from Liontown's shareholder meeting presentation, Nov 29, 2016
Slide 1: 2016 Annual General Meeting
For personal use only 2016 Annual General Meeting • Emerging Australian lithium discovery at Bynoe in the NT • Large-scale pegmatite systems being evaluated at Kathleen Valley and Lake Percy, WA • Continued exposure to high quality gold assets in Tanzania ASX: LTR November 29 2016
Slide 2: Disclaimer
Disclaimer Competent Person’s Statement and Disclaimer: For personal use only • The Information in this report that relates to Exploration Results for the Bynoe Project is extracted from the ASX announcements entitled “Thick zones of strong lithium mineralisation intersected in maiden drilling progr
Slide 3: Company Snapshot
Company Snapshot • Three emerging Australian lithium projects – Bynoe (NT), Kathleen Valley For personal use only (WA) and Lake Percy (WA): Thick, >1% Li2O, spodumene-mineralised zones intersected in drilling at Bynoe (<50km from Darwin port) – new discovery Initial exploration activities underw
Slide 4: Corporate Overview
Corporate Overview Board of Directors For personal use only Corporate Details TIM GOYDER –Chairman +30 years experience, MD – Chalice Gold, Chairman – Uranium ASX Code LTR Equities Shares on Issue ~840M DAVID RICHARDS – Managing Director (Issue of 25M shares to +30 years experience, former Managing
Slide 5: Key Projects
Key Projects Bynoe Lithium Project (NT, Australia) For personal use only • Previous Greenbushes-owned tin-tantalum mining centre • Extensive pegmatite field located <50km from Darwin • Thick widths of >1% Li2O (spodumene-related) mineralisation intersected in maiden drilling program Kathleen Valley
Slide 6: Bynoe Lithium Project – A New Lithium Discovery
Bynoe Lithium Project – A New Lithium Discovery • 88km2 tenement package For personal use only • Covers central part of historic Bynoe mining field • Good infrastructure – <50km from Darwin Port • Two drilling programs completed in 2016 – confirmed thick zones of spodumene-related lithium mineralisa
Slide 7: Bynoe Lithium Project – Sandras Prospect
Bynoe Lithium Project – Sandras Prospect For personal use only >200m mineralized shoot defined – open at depth; Potential of field to host significant spodumene-related lithium mineralization confirmed 7 www.ltresources.com.au
Slide 8: Bynoe Lithium Project – Outstanding Upside
Bynoe Lithium Project – Outstanding Upside Grants Pit For personal use only Bells Mona Pit Multiple untested pegmatites; significant exploration upside 8 www.ltresources.com.au
Slide 9: Bynoe Lithium Project – Next Steps
Bynoe Lithium Project – Next Steps • Results from drilling programs provide ‘proof of concept’ for For personal use only widespread spodumene-related lithium mineralisation at Bynoe • >50 pegmatites yet to be tested on LTR tenure • Drilling by LTR and neighbours indicates spodumene-bearing pegmatite
Slide 10: Key Projects
Key Projects Bynoe Lithium Project (NT, Australia) For personal use only • Previous Greenbushes-owned tin-tantalum mining centre • Extensive pegmatite field located <50km from Darwin • Thick widths of >1% Li2O (spodumene-related) mineralisation intersected in maiden drilling program Kathleen Valley
Slide 11: Kathleen Valley Lithium-Tantalum Project
Kathleen Valley Lithium-Tantalum Project For personal use only • Agreement to acquire 100% of rare metal rights from Ramelius Resources for 25M LTR shares • 77km2 tenement package located 680km NE of Perth, WA – good infrastructure • Large spodumene-bearing pegmatite swarm • Previous exploration foc
Slide 12: Kathleen Valley Lithium-Tantalum Project
Kathleen Valley Lithium-Tantalum Project • Mt Mann Pegmatite – part of 3.5x1km spodumene For personal use only bearing pegmatite swarm • Multiple high grade lithium and tantalum values recorded from rock chip sampling (see Appendix 2) 3.5% Li2O and 158ppm Ta2O5 2.6% Li2O and 249ppm Ta2O5 2.5% Li2
Slide 13: Kathleen Valley Lithium-Tantalum Project
Kathleen Valley Lithium-Tantalum Project For personal use only Good size pegmatites with fresh spodumene at surface – undrilled, on granted MLs and with existing infrastructure 13 www.ltresources.com.au
Slide 14: Lake Percy Lithium-Tantalum Project
Lake Percy Lithium-Tantalum Project • Very large (>100m thick) pegmatites For personal use only defined by historic Ni exploration • No previous lithium exploration • Early sampling recorded strongly anomalous lithium and pathfinder elements (Ta, Nb, Sn, Rb, Cs) • Strong Li-in-soils defined coincide
Slide 15: Lake Percy Lithium-Tantalum Project
Lake Percy Lithium-Tantalum Project For personal use only Soil sampling (lithium) on geology plan Historic drill section Historical drilling indicates large pegmatites with true thicknesses exceeding 100m 15 www.ltresources.com.au
Slide 16: Key Projects
Key Projects Bynoe Lithium Project (NT, Australia) For personal use only • Previous Greenbushes-owned tin-tantalum mining centre • Extensive pegmatite field located <50km from Darwin • Thick widths of >1% Li2O (spodumene-related) mineralisation intersected in maiden drilling program Kathleen Valley
Slide 17: Lake Victoria Goldfield – A World-Class Exploration Address
Lake Victoria Goldfield – A World-Class Exploration Address For personal use only • Granite/greenstone terrain similar to Eastern Goldfields of Western Australia • +50Moz gold endowment • World-class (>10Moz) gold deposits • 17Moz Bulyanhulu, 12.5Moz Geita deposits nearby • Established infrastructur
Slide 18: Jubilee Reef – Inferred Resources (2012 JORC)
Jubilee Reef – Inferred Resources (2012 JORC) Simba deposit For personal use only Simba – 3D • Inferred Resource: view of 7.4Mt @ 1.4g/t gold for ~320,000oz mineralised lodes (looking NNE) Panapendesa deposit • Inferred Resource: 1.1Mt @ 2g/t gold for ~70,000oz Panapendesa Total JORC 2012 Resources
Slide 19: Simba – Large Granite-hosted Gold System
Simba – Large Granite-hosted Gold System • Drill results include: For personal use only • 21m @ 4.7g/t Au • 23m @ 2.9g/t Au • 54m @ 2.6g/t Au • 29.7m @ 3.2g/t Au • Multiple mineralised zones • Large scale, shallow system • Exploration upside Open along strike and at depth Drill hole plan superimpo
Slide 20: Jubilee Reef – Next Steps
Jubilee Reef – Next Steps For personal use only • Targeting extensions to existing resources at Simba and Panapendesa • Targeting undrilled prospects including high grade (>3g/t Au) trench intercepts at Tembo 20 www.ltresources.com.au
Slide 21: Mohanga – A World-Class Address
Mohanga – A World-Class Address • South-eastern portion of Archaean Tanzanian For personal use only Craton, 500km from main goldfields Jubilee Reef • High gold endowment in the north – analogous to Eastern Goldfields, WA • Virtually unexplored • Geological setting analogous to SW corner of Mohanga Y
Slide 22: Mohanga – Multi-Commodity Potential
For personal use only Mohanga – Multi-Commodity Potential Unexplored Archaean Greenstone Belt with strong gold, lithium and tantalum anomalism defined by initial geochemical surveys. 22 www.ltresources.com.au
Slide 23: Key Reasons to Invest in Liontown
Key Reasons to Invest in Liontown For personal use only High quality, emerging lithium and gold assets in Tier-1 jurisdictions Potential to establish a significant lithium resource at Bynoe <50km from a major port Potential “game-changers” at Kathleen Valley and Lake Percy Emerging gold projects in
Slide 24: Contacts
For personal use only Contacts Thank you David Richards (Managing Director) Tim Goyder (Chairman) +61 8 9322 7431 www.ltresources.com.au info@ltresources.com.au ASX: LTR
Slide 25: Why Lithium?
Why Lithium? • Supply shortfall due to lithium batteries For personal use only • Already seen in actual price performance with high prices forecast to continue • An increasingly critical metal Commodity Price (Lithium Carbonate 99% China) 20 14 Source – Goldman Sachs (April 2016) “We estimate demand
Slide 26: Appendix 1: Bynoe RC Drilling
Appendix 1: Bynoe RC Drilling Significant (>0.5%) Lithium Results Estimated true widths – to be For personal use only Hole ID Prospect East North RL Dip Azimuth Depth (m) confirmed by further drilling From (m) To (m) Interval (m) Grade (%) BP33 – 60% of down hole LBRC001 694533 8593573 23 -80 125
Slide 27: Appendix (cont.): Bynoe RC Drilling
Appendix 1 (cont.): Bynoe RC Drilling Significant (>0.5%) Lithium Results Estimated true widths – to be For personal use only Hole ID Prospect East North RL Dip Azimuth Depth (m) confirmed by further drilling From (m) To (m) Interval (m) Grade (%) BP33 – 60% of down hole 94 121 27 1.1 widths incl.
Slide 28: Appendix 1: Bynoe RC Drilling
Appendix 1: Bynoe RC Drilling Estimated true widths – to be For personal use only Significant (>0.5%) Lithium Results confirmed by further drilling Hole ID Prospect East North RL Dip Azimuth Depth (m) From (m) To (m) Interval (m) Grade (%) BP33 – 60% of down hole LBRC037 Tal 4 693919 8578427 74 -5
Slide 29: Appendix 2: Kathleen Valley Rock Chip Sampling
Appendix 2: Kathleen Valley Rock Chip Sampling Sample_ID East North Li2O(%) Ta2O5 (ppm) Sample_ID East North Li2O(%) Ta2O5 (ppm) For personal use only 160614_01a 258766 6959242 1.55 431 KVR60 258536 6958492 1.94 119 160614_01b 258766 6959242 0.80 190 KVR62 258660 6958737 -0.02 414 160614_04 258804 6
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