Global Lithium Resources Ltd. · ASX:GL1
Global Lithium Resources — Battery Minerals Conference (March 2023)
26 slides from Global Lithium Resources's conference presentation, Mar 21, 2023
Slide 1: Global Lithium Resources: Advanced Exploration and Development
For personal use only Global Lithium Resources Advanced Exploration and Development March 2023 | ASX: GL1
Slide 2: Global Lithium Value Proposition
Global Lithium Value Proposition For personal use only ▪ Combined Mineral Resource of 50.7Mt @ 1.0% Li2O Multi-asset ▪ Two highly prospective projects provides significant optionality around development and development optionality funding alternatives Marble Bar Lithium Project ▪ Global Lithium whol
Slide 3: Board & Executive
Board & Executive For personal use only Warrick Hazeldine Dr Dianmin Chen Non-Executive Chair Non-Executive Director Co-founder & NED of Cannings Purple; Non-Executive Chair ChemX Founder of Global Lithium; 35 years' experience in metals (ASX:CMX), 20 years capital markets experience with a key focu
Slide 4: Management & Leadership
Management & Leadership For personal use only Dr Tony Chamberlain Simon Corrigan Project Director Approvals and Corporate Affairs Advisor PhD in metallurgy with +25 years experience in the resources industry More than 20 years of experience in approvals, government including several battery and new
Slide 5: GL1 Corporate Snapshot
GL1 Corporate Snapshot For personal use only (20 March 2023) Market Cap Share Price Shares on issue Options1 Cash2 A$302m A$1.18 257.3m 13.5m A$75.6m Share Register ASX share price performance Mineral Resources 9.7% 6.0 $3.5 $3.0 5.0 Suzhou TA&A 9.7% $2.5 4.0 Volume (m) Share price ($) $2.0 Yongfang
Slide 6: Mineral Resource Upgrade
Mineral Resource Upgrade TRANSFORMATIVE 50.7MT RESOURCE BASE For personal use only 148% Resource Increase Achieved at WA Hard-Rock Lithium Projects – Manna and Marble Bar1 • 230% increase in Manna Lithium Project’s Mineral Resource to 32.7Mt @ 1.0% Li2O • 71% increase in Marble Bar Lithium Project’s
Slide 7: Manna Lithium Project
For personal use only Manna Lithium Project 7 INVESTOR PRESENTATION | March 2023
Slide 8: Project History
Project History For personal use only o December 2021 - GL1 acquired 80% of the project from Breaker Resources under a Joint venture - Small JV area and very little drilling on the deposit o February 2022 - GL1 released the maiden Mineral Resource Estimate (MRE) - 9.9Mt @ 1.14% Li20 from only 3,354m
Slide 9: Project History (continues)
Project History (continues) For personal use only o December 2022 - GL1 released the upgraded MRE for Manna in Dec 2022 - 32.7Mt @ 1.0% Li2O from 33,685m of RC drilling and 6,138m of Diamond core o February 2023 - Manna Scoping Study results released o March 2023 - ASX Announcement on the exploratio
Slide 10: Manna Exploration Upside
Manna Exploration Upside For personal use only Pathway to a Larger Resource at Manna o Expansion of the Manna Resource by performing more drilling o Important to note that the North-Eastern extension is not in the current Scoping Study numbers o Latest results show large high-grade pegmatites o Resu
Slide 11: Manna Exploration Upside (cont.)
Manna Exploration Upside (cont.) For personal use only Cross Sections of Manna o Cross section A-A’ Hole 220 shows new intersection not currently in the resource model. o Cross Section B-B’ shows the placement and size of the North-Eastern extension beside the current Manna Pit outline. A A` B B` 10
Slide 12: Robust Scoping Study Results
Manna Lithium Project Robust Scoping Study Results For personal use only Study Sets Foundation for Feasibility Study • Scoping Study completed with MinSol Engineering undertaking study in conjunction with GL11 • MinSol defined process and non-process infrastructure requirements, as well as capital a
Slide 13: Robust Scoping Study Results at Manna
Robust Scoping Study Results at Manna For personal use only A$2.8 Billion 10 Year 2Mtpa & 221ktpa 32.7Mt at 1% Li20 Robust pre-tax NPV8% Life of Mine ROM & SC5.5 Nameplate Mineral Resource Estimate 15 Month Payback US$688/t & $419M 103% 100% ownership after first production LOM cash OPEX & CAPEX IRR
Slide 14: Robust Scoping Study Results: Financial Evaluation
Manna Lithium Project Robust Scoping Study Results For personal use only Financial Evaluation Base Case NPV8% $2,775M ▪ Base case NPV8% is $2.8B and a 15-month payback Exchange Rate (AUD:USD) +/-20% 2,008 3,925 period SC5.5 Price +/-20% 1,855 3,695 ▪ A lithium price assumption of US$2,500/t SC 5.5 (
Slide 15: Next steps: Definitive Feasibility Study
Manna Lithium Project Next steps: Definitive Feasibility Study For personal use only GL1 commences Feasibility Study following completion of Scoping Study • Feasibility Study results expected in Q4 CY2023 • Aim of reaching Final Investment Decision (FID) in CY2024 • Further Mineral Resource update i
Slide 16: Marble Bar Lithium Project
For personal use only Marble Bar Lithium Project 16 DIGGERS INVESTOR&PRESENTATION | March 2023| August 2022 DEALERS PRESENTATION
Slide 17: Marble Bar Lithium Project: Highly prospective geological setting
Marble Bar Lithium Project Highly prospective geological setting For personal use only • Spodumene bearing pegmatite hosted in greenstone and granite contact Geology • Demonstrates similar geological settings to the Pilgangoora1 and Wodgina2 deposits • Inferred Mineral Resource of 18.0Mt @ 1.0% Li2O
Slide 18: Marble Bar: Results Demonstrate Upside Potential
Marble Bar Lithium Project Results Demonstrate Upside Potential For personal use only Highest grade lithium assays delivered to date1 • A large poorly understood intrusive related mineral system = significant upside • 2023 exploration campaign targets lithium mineralised pegmatites to establish pros
Slide 19: Building Momentum – Significant News Flow and Next Steps
Building Momentum – Significant News Flow and Next Steps For personal use only Global Lithium Resources 2023 2024 2025 2026 • Exploration (MBLP & Manna) • DFS (Manna) • Resource upgrades (MBLP & Manna) • Metallurgical test work (Manna) • Environmental / Native Title approvals (Manna) • Final Investm
Slide 20: For personal use only
For personal use only
Slide 21: Contact Us
For personal use only Contact Us RON MITCHELL au.linkedin.com/company/ Managing Director global-lithium-resources +61 8 6103 7488 info@globallithium.com.au @Global_Lithium VICTORIA HUMPHRIES Subscribe to our mailing list at: Media and Investor Relations globallithium.com.au +61 (0) 431 151 676 victo
Slide 22: GL1 Purpose & Values
GL1 Purpose & Values For personal use only Empowering people to power the planet People | Power | Planet SAFETY INNOVATION The standard you walk past is the We empower people to innovate standard you accept. for the better. OWN IT TEAMWORK We do what we say we will do. We all win when we work togeth
Slide 23: ESG at Global Lithium
At the heart of our values ESG at Global Lithium For personal use only THINK GLOBAL, ACT LOCAL THE MOST IMPORTANT THINGS WITH HELP FROM THE BEST This year we will begin our journey towards Global Lithium recently undertook a stakeholder Resources-industry sustainability specialists adoption of globa
Slide 24: ESG at Global Lithium: Achievements
At the heart of our values ESG at Global Lithium For personal use only ACHIEVEMENTS • ESG project team in place • Engaged specialist ESG consultants (Futureproof) • Sustainability roadmap completed • Materiality assessment completed Case study: Marble Bar • Appointment of Community Relations Manager
Slide 25: Global Lithium – Mineral Resources
Global Lithium – Mineral Resources Global Lithium – Mineral Resources For personal use only Project Name Category Million Tonnes Li2O% Ta2O5 ppm (Mt) Marble Bar Indicated 3.8 0.97 53 Inferred 14.2 1.01 50 Subtotal 18.0 1.00 51 Manna Indicated 18.5 1.03 45 Inferred 14.2 0.97 43 Subtotal 32.7 1.00 44
Slide 26: Important Notice and Disclaimer
Important Notice and Disclaimer For personal use only These presentation materials and the accompanying verbal presentation (together, the Presentation Materials) have been prepared anticipated events or results reflected in such forward looking statements; and may include, among other things, state
Global Lithium Resources — Battery Minerals Conference (March 2023) on 6ix