Lithium Energy Ltd. · ASX:LEL
Lithium Energy — Canaccord Genuity South-West Connect ASX Showcase 2022
21 slides from Lithium Energy's conference presentation, Oct 20, 2022
Slide 1: Market Announcement: Presentation at Canaccord Genuity South-West Connect ASX Showcase
Thursday, 20 October 2022 ASX Code: LEL MARKET ANNOUNCEMENT Presentation at Canaccord Genuity South-West Connect ASX Showcase Lithium Energy Limited (ASX:LEL) (Lithium Energy or the Company) is pleased to announce its participation in the Canaccord Genuity South-West Connect ASX Showcase, to be held
Slide 2: South-West Connect ASX Showcase
1 21 October 2022 SOUTH-WEST CONNECT ASX SHOWCASE ASX:LEL
Slide 3: Lithium Energy – Strong Performance since IPO in May 2021
Lithium Energy – Strong Performance since IPO in May 2021 Fully Paid Ordinary Shares 95,010,000 Options 35,850,000 (Exercise Prices: $0.30, $1.06, $1.39, $1.50, $1.595) Market Capitalisation (@ $1.19) $113 Million (as at 19 Oct 2022) Cash (as at 30 September 2022) $20 Million IPO Issue Price May 202
Slide 4: Unique exposure to Lithium and Graphite for Lithium-ion batteries
Unique exposure to the two most important ingredients for Lithium-ion batteries: Lithium and Graphite • Major Lithium discovery in first • High grade flake graphite deposit in drillhole at the Solaroz Lithium low-risk jurisdiction. Brine Project ! • Favourable testwork results for EV • Adjacent to a
Slide 5: Solaroz is located in the prolific 'Lithium Triangle' in Argentina
Solaroz is located in the prolific ‘Lithium Triangle’ in Argentina • World’s largest reserves of lithium are found in the Lithium Triangle. • Argentina is the world’s third largest producer of lithium after Australia and Chile. • Most of the world’s lithium supply currently comes from brine projects
Slide 6: Solaroz is located at the 'best address' in the Lithium Triangle
Solaroz (LEL 90%1) is located at the ‘best address’ in the Lithium Triangle • 12,000 Hectares of tenements adjacent to Allkem (ASX/TSX:AKE, Mkt.Cap. ~A$9.76 Billion) (formerly Orocobre Limited) and Lithium Americas Corporation (NYSE/TSX:LAC, Mkt.Cap ~US$3.15 Billion). • AKE (Salar de Jujuy JV with T
Slide 7: Major Lithium discovery in first drillhole
Major Lithium discovery in first drillhole1! • Significant lithium concentrations from first hole SOZOD001 in excess of 400 mg/L, with low Mg/Li ratio in upper aquifer, with lithium concentrations increasing with depth2. • Upper aquifer zone comprises ~173 metres of sandstones and fine gravels to ~2
Slide 8: Initial planned drilling programme at Solaroz comprises 10 holes, ~5,000 metres
Initial planned drilling programme at Solaroz comprises 10 holes, ~ 5,000 metres in total • Lithium discovery drillhole SOZDD001 is located within the Mario Angel concession at Solaroz, within 10Km of Allkem production borefields and 3km from Maria Victoria concession recently acquired by Allkem1. •
Slide 9: Exploration Target of 1.5 to 8.7 Million Tonnes of LCE
Exploration Target of 1.5 to 8.7 Million Tonnes of LCE @ 500 – 700mg/L Li for Solaroz1 The Exploration Target’s potential quantity and grade is conceptual in nature, there has been insufficient exploration to estimate a Mineral Resource, and it is uncertain if further exploration will result in the
Slide 10: Interpretation of recent Geophysics highlights Solaroz prospectivity
Interpretation of recent Geophysics highlights Solaroz prospectivity and supports Exploration Target • Basement faults influence thicknesses of sedimentary units. • TEM1 and Passive Seismic Geophysics surveys completed. • Interpreted conductive brines up to 300 metres thick, to depths of 500 metres.
Slide 11: Next Steps for Solaroz
Next Steps for Solaroz • Fast track initial 10 hole, 5,000 metre drill programme, with objective to deliver Maiden JORC Mineral Resource of Lithium. • Continue with interpretation of geophysics to build 3D model of interpreted conductive brines. • Local office established – continue to build local c
Slide 12: Burke Graphite Project
Burke Graphite Project Located in Queensland the Burke Graphite Project is one of the highest-grade graphite deposits globally, with confirmed potential for Graphite and Graphene production suitable for use in lithium-ion batteries. 11
Slide 13: Burke Graphite Deposit (LEL 100%), Queensland, Australia
Burke Graphite Deposit (LEL 100%), Queensland, Australia One of the world’s highest-grade deposits of flake graphite • JORC Inferred Mineral Resource 6.3 million tonnes @ 16.0% Total Graphitic Carbon (TGC) for 1,000,000 tonnes of contained graphite1. • Includes 2.3 million tonnes @ 20.6% TGC (with a
Slide 14: Purified Spherical Graphite opportunity
Purified Spherical Graphite opportunity Burke Graphite • Purified Spherical Graphite (PSG) is used as anode material for lithium-ion batteries • The demand for PSG is set to increase ten-fold over the next decade. • Most PSG comes from China using highly toxic ingredients for purification • Opportun
Slide 15: Next Steps for Burke Graphite
Next Steps for Burke Graphite Testwork and Studies • Further testwork by CSIRO and others to provide samples to potential off-take partners • Studies for PSG manufacturing facility Exploration – Burke Deposit • 2,500m drilling planned to upgrade Resource classification from JORC Inferred to Indicate
Slide 16: Highly experienced team with strong Leadership, Technical and Commercial skills
Lithium Energy Limited has a highly experienced team with strong Leadership, Technical and Commercial skills Chairman - William Johnson Director- Mr Farooq Khan MA (Oxon), MBA, MAICD Bjuris, LLB (Western Australia) Mr Johnson holds a Masters degree in Engineering Science from Oxford Farooq Khan is a
Slide 17: Summary – well positioned for forecast growth in battery minerals demand
Summary – Lithium Energy is well positioned to take advantage of the forecast global growth in demand for key battery minerals Lithium • Major Lithium discovery reaffirms Solaroz upside potential, 14,000,000 given its location next to Allkem’s producing project – a great address! • Local office esta
Slide 18: Australia
Australia William Johnson Executive Chairman Lithium Energy Limited Tel: +61 8 9214 9737 Mob: +61 419 047 460 wjohnson@lithiumenergy.com.au 17
Slide 19: About This Document
ABOUT THIS DOCUMENT This document has been prepared by Lithium Energy Limited (the "Company” or “LEL”). No representation, expressed or implied, or warranty as to the accuracy or completeness of the information contained herein is made by any party and nothing contained herein shall be relied upon a
Slide 20: JORC Code Competent Person's Statements
JORC CODE COMPETENT PERSON’S STATEMENTS JORC Code (2012) Competent Person Statement – Solaroz Lithium Project (Argentina) The information in this release that relates to Exploration Targets and Exploration Results in relation to the Solaroz Lithium Project is extracted from the following ASX market
Slide 21: JORC Code Competent Person's Statements (Continued)
JORC CODE COMPETENT PERSON’S STATEMENTS (CONTINUED) b) The information in this release that relates to metallurgical test work results in relation to the Burke Graphite Project is extracted from the following ASX market announcements made by Strike dated: • 16 October 2017 entitled “Test-work confir
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