Core Lithium Ltd · ASX:CXO
Core Lithium — Shareholder Meeting (November 2024)
18 slides from Core Lithium's shareholder meeting presentation, Nov 27, 2024
Slide 1: Annual General Meeting 27 November 2024
For personal use only ASX: CXO Annual General Meeting 27 November 2024
Slide 2: Important and Cautionary Notes
Important and Cautionary Notes This presentation has been prepared by Core Lithium Ltd (“Core”, “Company”) and provides a general overview of the Company and its strategy. This presentation does not purport to be all-inclusive or to contain all the information that you or any other party may require
Slide 3: Corporate Overview
Corporate Overview Stable Board and new Management team in place to support the restart strategy For personal use only Greg English Heath Hellewell ASX Code CXO Non-Executive Chair Non-Executive Director BEng (Hons), LLB BSc (Hons) MAIG Shares 2,143m Share Price (26 Nov 2024) $0.09 Malcolm McComas A
Slide 4: Company overview
Company overview Ideally placed to capture future value with infrastructure and key markets on our doorstep A healthy cash balance and no debt ideally poised for current For personal use only Strategically located lithium mine market conditions with proven plant and simple logistics chain Discipline
Slide 5: Ideally positioned for a market recovery
Ideally positioned for a market recovery A proven team with an operation which can be rapidly restarted for minimal capital in the right market conditions Proven Leadership Mineral Located on Fully Mine Processing Operating For personal use only Ore Reserve logistics team Resource Crown land permitt
Slide 6: Sustainability performance
Sustainability performance • Positive industry leading safety performance across FY2024 and FY2025 year-to-date, with zero lost time injuries (LTI) For personal use only • Well established water management infrastructure, allowing the company to successfully operate through the FY2024 wet season and
Slide 7: Successful history
Successful history • Lithium discovery in 2016 on vacant crown land For personal use only • Major land position consolidated over several years • Mineral Lease granted in early 2019 • Major Project status granted in 2021 • Construction of DMS plant commences in June 2022 • Invested capital of +$250m
Slide 8: The Finniss Operations
The Finniss Operations Core holds ~500km2 of the Bynoe pegmatite field in the NT For personal use only Multiple lithium prospects within trucking distance of the Finniss processing infrastructure, with exploration upside Established open pit mine at Grants and underground mine development at BP33 lo
Slide 9: Ore Reserve update
Ore Reserve update1 • Total Finniss Ore Reserve1 is now 9.25Mt @ 1.38% Li2O For personal use only • Significant 223% growth in the BP33 Ore Reserve to 8.68Mt @ 1.38% Li2O provides a strong foundation for restart studies currently underway • Updated estimate reflects consolidation of operations aroun
Slide 10: High quality infrastructure with capacity
High quality infrastructure with capacity For personal use only 10
Slide 11: Restart Study objectives
Restart Study objectives • Restart Study on track for completion and release in the June 2025 quarter For personal use only • Key activities as part of the Restart Study include: • Revisiting operational data to underpin areas of focus • Re-optimise the mine plan for Grants and BP33 • Assess the opt
Slide 12: Exploration opportunity
Exploration opportunity Finniss Li Shoobridge • Further defining resource potential close to existing Li Au NORTHERN TERRITORY infrastructure at Finniss which hold the most immediate potential to create value For personal use only WESTERN AUSTRALIA • Growing Mineral Resources within trucking distanc
Slide 13: Blackbeard lithium potential
Blackbeard lithium potential • High-grade lithium drill results1 within 20km of Finniss processing facilities For personal use only • Lithium mineralisation confirmed over a 600m strike from Blackbeard to Centurion • The mineralisation is clearly defined and entirely contained within the 100%- owned
Slide 14: Shoobridge gold potential
Shoobridge gold potential • Drilling completed along ~1km of a 4.5km anomalous gold trend • Located within a historically For personal use only productive goldfield with existing processing infrastructure • High-grade gold zones within a broad envelope of low-grade mineralisation up to 60m wide and
Slide 15: Key objectives for the coming months
Key objectives for the coming 12 months Keep high Sustainability Complete the Finniss Conduct targeted near For personal use only standards Restart Study mine exploration by prioritising established In the June 2025 quarter and continue to build value Governance framework in a disciplined way positi
Slide 16: Contact details
For personal use only Core Lithium Ltd Investor Enquiries Media Enquiries Level 9, 2 Mill Street Paul Brown Michael Vaughan Perth, WA, 6000 CEO Fivemark Partners info@corelithium.com.au +61 8 8317 1700 +61 422 602 720 Authorised for release by the Board of Core Lithium Ltd 16
Slide 17: Appendix: JORC Ore Reserve Estimate
Appendix: JORC Ore Reserve Estimate Deposit Category Ore Tonnes Li2O (%) Contained (Mt) Li2O (kt) For personal use only Grants Open Pit Proved 0.53 1.40 7.4 Probable 0.04 1.48 0.6 Total 0.57 1.40 8.0 BP33 Proved 2.43 1.33 32.4 Underground Probable 6.25 1.40 87.2 Total 8.68 1.38 119.6 Total Proved 2.
Slide 18: Appendix: JORC Mineral Resource Estimate
Appendix: JORC Mineral Resource Estimate Mineral Resource Estimate for the Finniss Lithium Project 0.5% Li2O cut-off For personal use only Million tonnes Li2O Contained Resource Category Li2O% (Mt) Metal (kt) Measured 6.33 1.41 89.3 Indicated 21.6 1.30 280 Inferred 20.3 1.18 239 Total 48.2 1.26 608