Anson Resources Limited · ASX:ASN
Anson Resources — Investor Presentation (October 2022)
23 slides from Anson Resources's investor presentation, Nov 1, 2022
Slide 1: Paradox Lithium Project, USA Webinar
For personal use only Paradox Lithium Project, USA Webinar ASX:ASN 27/10/2022
Slide 2: Disclaimer & Important Notice
Disclaimer & Important Notice For personal use only The information contained in this confidential document ("Presentation") has been prepared by Anson Resources Limited (the "Company"). It has not been fully verified and is subject to material updating, revision and further amendment. The Informati
Slide 3: Company Overview
For personal use only Company Overview
Slide 4: Paradox Lithium Project (100% owned)
Paradox Lithium Project (100% owned) For personal use only Direct Production of High Purity Battery Grade Lithium Carbonate Ø JORC Resource >1 billion containing 788,300 tonnes of Lithium Carbonate tonnes of brine Equivalent (LCE) and >3.5 million tonnes of Bromine1 Ø Tier 1 Political, Tax & ideally
Slide 5: Corporate Snapshot
Corporate Snapshot For personal use only Share Price Performance (12 months) Overview ASX code ASN 100 0.45 Millions Issued Capital 1,174 million 90 0.40 Share Price (10 October 2022) A$0.305 80 0.35 Market Capitalization A$358 million 70 0.30 Cash (pro-forma) A$55 million 60 A$ Share Price 0.25 50
Slide 6: Resource Expansion – Eastern Strategy
Resource Expansion – Eastern Strategy For personal use only Anson has completed the Eastern Strategy with further JORC update expected to support future production increase ü Resource expansion drilling at Long Canyon No. 2 and Cane Creek 32-1 to target additional clastic zones has been completed. ü
Slide 7: Lithium Expansion – Western Strategy
Phase 2 – Lithium Expansion – Western Strategy For personal use only Western The successful execution of the Western Strategy Strategy will support future increases in Lithium Carbonate production. • Anson’s Western Resource Expansion Strategy aims to further expand the Paradox Project Resource via
Slide 8: Paradox Geology & Mineralisation
Paradox Geology & Mineralisation For personal use only The Paradox Basin is located within a mature Oil & Gas district providing Anson access to existing well infrastructure and valuable historic data. The Paradox Basin consists of various formations which host large volumes of brines rich in Lithiu
Slide 9: Paradox Lithium and Bromine Resource
Paradox Lithium and Bromine Resource For personal use only Brine Grade (ppm) Contained (‘000 t) Category Formation Clastic Zone (Mt) Li Br Li2CO3 Br2 Indicated 48 172 3,043 44 145 Paradox 31 Inferred Formation 77 181 2,540 75 196 Resource 31 125 178 2,723 118 342 Indicated 178 83 3,377 79 603 Parado
Slide 10: Anson & Sunresin – A Compelling Partnership
Anson & Sunresin – A Compelling Partnership For personal use only 91.5%1, achieved in pilot scale testing in Utah, USA. 1 Higher Lithium Recoveries Well in excess of recoveries achieved with other DLE processes tested by Anson. 2 Reliable, Longer Resin Life Lithium extraction resin exhibits greater
Slide 11: Sunresin – Proven DLE Partner
Sunresin – Proven DLE Partner For personal use only • Anson has executed a binding MoU1 with leading global DLE technology Sunresin to support the development and operation of the Paradox Lithium Project. • The MoU provides for a long term strategic and commercial alliance About Sunresin between Sun
Slide 12: Lithium Carbonate Process Flowsheet
Lithium Carbonate Process Flowsheet For personal use only Fresh Water Reverse Osmosis RO Water (RO) Water Nanofiltration Calcium & Coarse Boron RO Adsorption Membrane (part Magnesium IX Removal - Preconcentration Ca & Mg removal) Fixed bed Removal membrane Brine Extraction Fine Boron Lithium Mechani
Slide 13: For personal use only
Eluate Concentration Lithium Precipitation Membrane – Impurity Removal Package & For personal use only Storage Control Centre Impurity Removal – IX SMB Array Building – IX SMB Onsite Laboratory Feed-in Reinjection Pipeline Pipeline Hydro Unit/s
Slide 14: Mine Plan & Project Infrastructure
Mine Plan & Project Infrastructure For personal use only • Permitted production wells planned at Long Canyon to extract brine (see ASX Announcement 20 October 2021) • Early site works for two production pads completed (see ASX Announcement 20 December 2021) • Brine transport pipeline to use existing
Slide 15: Enhanced Production Site location
Enhanced Production Site location For personal use only New production site location and project layout unlocks cost savings, ESG benefits and more streamlined approvals process. • Selection of a new production site location from previous Blue Hills site as part of the DFS will deliver significant a
Slide 16: Paradox Lithium Project Definitive Feasibility Study
For personal use only Paradox Lithium Project Definitive Feasibility Study September 2022
Slide 17: Expanded Resource delivers upsized production rate
Paradox Lithium Project: Expanded Resource delivers upsized production rate Phase 1 DFS Highlights For personal use only Phase 1 Highlights ü 424% growth in Lithium Carbonate Resource from 2021 PEA study Lithium Carbonate Production 13,074tpa (years 1-10) ü ~5-fold increase in DFS Production rate Pr
Slide 18: DFS Phase Economics Additional Upside Value
DFS Phase 1 Economics Additional Upside Value For personal use only NPV 7 (pre-tax) IRR Project (pre-tax) US$ 1,305 m 47% ü Revenue from valuable by-products has not been included in the economic analysis C1 OPEX1 CAPEX US$ 4,368 /t LCE US$ 495 m ü Results from recently completed drilling at Cane Cr
Slide 19: Operating at low-end of Cost Curve
Operating at low-end of Cost Curve For personal use only Global Lithium Carbonate C1 Cost Curve (2025)1,2 Paradox Lithium Project DFS2 Years 1-10 1 – Source: Benchmark Minerals Intelligence (Q2 2022) Lithium Quarterly report 2 – Paradox Lithium Project DFS production cost position on the global lith
Slide 20: Development Timeline
Development Timeline For personal use only Final Investment Decision targeted in Q2 2023, with first production of battery grade lithium carbonate in 2025. 2022 2023 2024 2025 Milestone Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Resource Update - LC#2 DFS Resource Update - Cane Creek FEED Offta
Slide 21: Experienced Board & Executive Team
Experienced Board & Executive Team For personal use only Bruce Richardson, B.A (Hons) Peter (Greg) Knox, B.Sc. (Geology) Michael van Uffelen, B.Com, CA Executive Chairman and CEO Executive Director Non-Executive Director Proven track record of 13 years in Qualified geologist with over 30 years Exper
Slide 22: Thank You
For personal use only Thank You Telephone: +61 478 491 355 Email: info@ansonresources.com Website: www.ansonresources.com Level 1, 35 Outram Street West Perth WA 6005 Australia 22
Slide 23: Competent Person's Statement
Competent Person’s Statement For personal use only Competent Person’s Statement 1: The information in this presentation that relates to exploration results and geology is based on information compiled and/or reviewed by Mr Greg Knox, a member in good standing of the Australasian Institute of Mining
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