Liontown Limited · ASX:LTR
Liontown — Liontown Resources — Investor Presentation (August 2016)
25 slides from Liontown's investor presentation, Aug 1, 2016
Slide 1: August 2016 Investor Presentation (ASX Announcement)
ASX : LTR ABN 39 118 153 825 ASX ANNOUNCEMENT For personal use only August 2016 Investor Presentation Liontown Resources Limited (ASX: LTR) (“Liontown” or the “Company”) is pleased to provide the Company’s latest Investor Presentation as attached. The presentation includes assays for the final 4 hol
Slide 2: Leveraged exposure to high-grade lithium exploration
For personal use only August 2016 Investor Presentation Leveraged exposure to high-grade lithium exploration
Slide 3: 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 based on and fairly represents information and supporting documentation prepared by Mr David Richards, who is a Competent Person
Slide 4: Corporate Overview
Corporate Overview For personal use only ASX Code LTR Board of Directors Shares on Issue ~697 million TIM GOYDER – Non-Executive Chairman +30 years experience, MD – Chalice Gold, Chairman – Uranium Equities Market Capitalisation ~$14 million (at ~2 cps) DAVID RICHARDS – Managing Director Tim Goyder
Slide 5: Why Lithium?
Why Lithium? For personal use only • Supply shortfall due to lithium batteries • 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 6: Investment Highlights
Investment Highlights • Bynoe Lithium Project (Northern Territory) For personal use only • Significant spodumene-related mineralisation intersected in maiden drilling program • Rights to 100% of 88km2 tenement package near Darwin, >60 rare metal pegmatites identified • Follow up drilling scheduled f
Slide 7: Key Projects
Key Projects Bynoe (NT, Australia) For personal use only • >60 pegmatites identified • >1% Li2O (spodumene-related) mineralisation intersected in first drilling program Lake Percy (WA, Australia) • Very large, unexplored pegmatites • Li occurrences documented along strike Mohanga (Tanzania) • Signif
Slide 8: Bynoe Lithium Project
Bynoe Lithium Project For personal use only • Acquired in February 2016 • Comprises ~88km2 tenement package near Darwin, Northern Territory – good infrastructure • Historical work has documented >60 pegmatites within project area • Previous exploration focused on tin and tantalum in weathered materi
Slide 9: Bynoe Lithium Project
Bynoe Lithium Project For personal use only • 10 targets tested by maiden drilling program >1% Li2O intersected at 6 prospects Anomalous values associated with spodumene • Sandras Part of 1.5 to 2 km long pegmatite trend Up to 40m thick Better intersections include: >1% Li2O 42m @ 1.0% L
Slide 10: Bynoe Lithium Project/Sandras
Bynoe Lithium Project/Sandras For personal use only 9 Good widths – open at depth and along strike
Slide 11: Bynoe Lithium Project/Upside
Bynoe Lithium Project/Upside For personal use only Sandra’s Pegmatite 10 Multiple untested pegmatites; significant exploration upside
Slide 12: Bynoe Lithium Project Highlights
Bynoe Lithium Project Highlights For personal use only • Liontown’s land position covers central part of Bynoe pegmatite field* • >60 pegmatites documented* on LTR tenure • Initial drilling confirms widespread spodumene related lithium mineralisation • Numerous untested pegmatites • Good infrastruct
Slide 13: Key Projects
Key Projects Bynoe (NT, Australia) For personal use only • >60 pegmatites identified • >1% Li2O, spodumene-related mineralisation intersected in first drilling program Lake Percy (WA, Australia) • Very large, unexplored pegmatites • Li occurrences documented along strike Mohanga (Tanzania) • Signifi
Slide 14: Lake Percy Lithium Project
Lake Percy Lithium Project • Right to 70% - JV with White Cliff Minerals For personal use only • Very large pegmatites defined by historic nickel exploration • Located in greenstone belt with lithium-bearing pegmatites reported along strike to the south • Strategic setting in southern Yilgarn block
Slide 15: Lake Percy Lithium Project
Lake Percy Lithium Project • Pegmatites up to 550m For personal use only wide and 3km long defined by previous Ni drilling • No previous lithium exploration • Strong weathering means that spodumene unlikely to be preserved at surface 14 Strategic location; large, untested pegmatites
Slide 16: Key Projects
Key Projects Bynoe (NT, Australia) For personal use only • >60 pegmatites identified • >1% Li2O, spodumene-related mineralisation intersected in first drilling program Lake Percy (WA, Australia) • Very large, unexplored pegmatites • Li occurrences documented along strike Mohanga (Tanzania) • Signifi
Slide 17: Mohanga Lithium Tantalum Project
Mohanga Lithium Tantalum Project • Rights to contiguous ~180km2 ground package For personal use only • Opportunity identified as a result of Liontown’s +5 years experience operating in Tanzania • Located in central Tanzania, ~40km N of the capital Dodoma • Virtually no modern exploration – historica
Slide 18: Mohanga – Prospects and Pegmatites
Mohanga – Prospects and Pegmatites For personal use only Large pegmatite field and anomalous gold hosted by unexplored greenstone belt 17
Slide 19: Key Projects
Key Projects Bynoe (NT, Australia) For personal use only • >60 pegmatites identified • >1% Li2O, spodumene-related mineralisation intersected in first drilling program Lake Percy (WA, Australia) • Very large, unexplored pegmatites • Li occurrences documented along strike Mohanga (Tanzania) • Signifi
Slide 20: Jubilee Reef – Inferred Resources (2012 JORC)
Jubilee Reef – Inferred Resources (2012 JORC) Total For personal use only • Inferred - ~8.5Mt @ 1.4g/t gold • ~390,000oz • 0.7g/t gold lower cut • JORC 2012 Simba – 3D view of mineralised lodes (looking NNE) Simba • Inferred - ~7.4Mt @ 1.4g/t gold • ~320,000oz Panapendesa • Inferred - ~1.1Mt @ 2g/t
Slide 21: 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 Drill hole plan superimposed on magneti
Slide 22: Key Reasons to Invest in Liontown
Key Reasons to Invest in Liontown 1. Significant lithium-tantalum projects secured in For personal use only Australia and Tanzania 2. Maiden drilling program confirms significant new lithium discovery at Bynoe in the Northern Territory 3. Reviewing other opportunities in lithium – exposure to a prom
Slide 23: Contacts
Contacts David Richards (Managing Director) For personal use only Tim Goyder (Chairman) +61 8 9322 7431 www.ltresources.com.au info@ltresources.com.au Thank you
Slide 24: Appendix 1: Bynoe RC Drilling
Appendix 1: Bynoe RC Drilling Significant (>0.5%) Lithium Results * Hole ID Prospect East North RL Dip Azimuth Depth (m) For personal use only From (m) To (m) Interval (m) Grade (%) LBRC001 694533 8593573 23 -80 125 78 No significant assays 52 68 16 1.1 BP33 LBRC002 694499 8593566 23 -60 125 78 incl
Slide 25: Appendix 2: Mohanga Trenching
Appendix 2: Mohanga Trenching Significant Results (>0.2% Li2O and/or >100ppmTa2O5) For personal use only Hole_ ID East North RL Dip Azimuth Length (m) From To Interval Li2O% Ta2O5 ppm MOHTR001* 8252 11688 1207 10 230 35 14.3 18.4 4.1 4.93 1,862 13 18.4 5.4 214 MOHTR002* 8270 11682 1205.5 12 230 28 2
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