Patagonia Lithium Limited · ASX:PL3

Patagonia Lithium — Investor Presentation (June 2024)

15 slides from Patagonia Lithium's investor presentation, Jun 19, 2024

  1. Slide 1: Patagonia Lithium Q2 2024 Investor Presentation

    For personal use only PATAGONIA LITHIUM ASX:PL3 Q2 2024 Investor Presentation

  2. Slide 2: Disclaimer

    Disclaimer NATURE OF THIS DOCUMENT FORWARD LOOKING STATEMENTS This presentation has been prepared by Patagonia Lithium Limited (ACN 654 004 403) (Company). The Statements and material contained in this presentation, particularly those regarding possible or assumed information is based on publicly av

  3. Slide 3: Board of Directors

    Board of Directors For personal use only Phil Thomas Feiyu (Sam)Qi Rick Athon Non-Executive Director Executive Chairman Non-Executive Director • Mr Feiyu (Sam) Qi has substantial experience in • Phillip has more than 20 years’ experience • Rick Anthon is an independent Non-executive Director the lit

  4. Slide 4: Overview of projects

    Overview of projects Formentera Project Cilon Project Tomas III Project 4 Brazil projects REE Niobium Pegmatites • The Formentera Project is the • The Cilon Project is adjacent to • 571 hectares (5.71 km2) and is • 41,000 hectares over three states For personal use only Company’s flagship project. t

  5. Slide 5: Highlights – Exceptional Results

    Highlights – Exceptional Results • Geological team completed sampling in May 2023 at Formentera Salar with 1,122ppm highest Lithium assay* • MT geophysics shows substantial conductive layers at For personal use only 0.3-0.9 Ω.m • Drill hole one highest Li was 591ppm • Drill hole two Highest Li was 5

  6. Slide 6: Project Milestones Formentera/Cilon Project

    Project Milestones Formentera/Cilon Project • Jan 2023 – drill permits issued for Formentera • Mar 2024 – drilling commenced, packer tests, brine assays, 48 hour pump tests, plan for10 wells, 4 needed for resource • April 2024 – First well completed For personal use only • May 2024 – Second well com

  7. Slide 7: Assays Formentera/Cilon Project

    Assays Formentera/Cilon Project Alex Stewart Sample Mg:Li Packer Flow Assay - Zone No from to Interval SG Lithium Magnesium ratio Boron Potassium ConductivitypH rate M M M g/ML ppm ppm ppm ppm uS/cm L/Min upper aquifer 1 75.79 80.5 4.71 1.002 1 9 9.00 11 32 1.95 7.1 9.52 2 102.79 107.5 4.71 1.001 <1

  8. Slide 8: Geophysics – outstanding low resistivity provides bullseye drill targets

    Geophysics – outstanding low resistivity provides bullseye drill targets 500m depth For personal use only 1,122 ppm Lithium sample Effective porosity range 9.3%-41.7% The geophysics show two hot spot zones with a resistivity below 0.5 Ohm-m on each surveyed line where lithium brines are likely to co

  9. Slide 9: Formentera/Cilon Projects

    Formentera/Cilon Projects For personal use only • The Cilon concession area is located on the southern boundary of Formentera. 199 hectares and located in an area dominated by clastic and saline sedimentation. • The Cilon Project includes an exploration application lodged in the Susques department,

  10. Slide 10: Ekosolve Processing Results

    Ekosolve Processing Results Lithium Carbonate Production at Pilot Plant Lithium Extraction Efficiency • EkosolveTM Direct Lithium Extraction (DLE) technology pilot plant test For personal use only work at University of Melbourne achieves 92.1% lithium extraction efficiency from brines with average l

  11. Slide 11: Formentera and Cilon Projects (Paso Salar)

    Formentera and Cilon Projects (Paso Salar) For personal use only Picture of Formentera and Cilon looking west Rainfall per year isohyet contour showing 50mm in yellow covers Formentera and Jama salars where it only rains in Jan Feb about 3mm. 11

  12. Slide 12: MT Geophysics at Tomas III

    MT Geophysics at Tomas III – low resistivity unit means conductor layer – lithium brines may be present in the aquifer – drilling is next step For personal use only The MT survey was able to penetrate down to 4000m And shows an anticline unit about 500m below the Surface, which has impacted the detr

  13. Slide 13: Brazil Projects – Lithium, REE and Niobium

    Brazil Projects – Lithium, REE and Niobium – 41,746Has • Concessions covering 19,515.86 Has have been granted for three years in the Minas Gerais state. • The three key areas are a high priority target for rare earth elements For personal use only (REE) in ionic clays or pegmatites (lithium). • Rock

  14. Slide 14: Brazil Projects – REE and Niobium carbonatite deposit

    Brazil Projects – REE and Niobium carbonatite deposit For personal use only The white areas on the figure on the left are the most probable to have been fenetized and concentrated rare earths See ASX announcement “Initial Exploration Completed in Brazil” on 13 May 2024. 14

  15. Slide 15: Patagonia Lithium contact details

    PATAGONIA LITHIUM For personal use only www.patagonialithium.com.au For further information please contact the authorising officer: Phillip Thomas Executive Chairman Patagonia Lithium Ltd M: +61 433 747 380 E: phil@patagonialithium.com.au Patagonia Lithium Ltd ACN 654 004 403 Level 6, 505 Little Col

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