Core Lithium Ltd · ASX:CXO
Core Lithium — Investor Presentation (January 2021)
21 slides from Core Lithium's investor presentation, Jan 19, 2021
Slide 1: Australia's Next Lithium Producer – January 2021 Update
For personal use only 19 January 2021 Australia’s Next Lithium Producer January 2021 Update Stephen Biggins Managing Director
Slide 2: Important and cautionary notes
Important and cautionary notes For personal use only This document has been prepared by Core Lithium Ltd (“Core”, “Company”) and provided as a basic overview of the Cautionary Statement: tenements held or controlled by the Company. This presentation does not purport to be all-inclusive or to contain
Slide 3: Important and cautionary notes
Important and cautionary notes For personal use only Competent Person Statements: but not limited to general business, economic, competitive, political and social uncertainties; the actual results of current The Mineral Resources and Ore Reserves underpinning the Production Target have been prepared
Slide 4: Australia's next lithium producer
Australia’s next lithium producer For personal use only Core at the front of the line of new global lithium production ✓ Australia's most advanced new Lithium Project ✓ Near Construction-Ready ✓ Govt Approvals and funding offer already in place ✓ DFS complete next Quarter ✓ FID to target Constructio
Slide 5: CXO is Australia's most advanced lithium developer
CXO is Australia’s most advanced lithium developer For personal use only Core’s Finniss Project is low-risk, near construction-ready and offers substantial value upside Project Finniss Piedmont Kathleen Valley Metric 3 (Core Lithium ASX:CXO) (Piedmont Lithium ASX:PLL) (Liontown Resources ASX:LTR) Ap
Slide 6: Corporate information
Corporate information For personal use only Share Price Performance Last Twelve Months Capital Structure (as at 15 January 2021) Share Price A$0.22 Shares on Issue 1,002.4M Market Capitalisation A$221M Options and Rights Unlisted 56.6M Cash (30 September 2020) A$6.9M Debt Facilities Nil Enterprise V
Slide 7: Finniss Lithium Project - key advantages
Finniss Lithium Project - key advantages For personal use only Core is developing one of Australia’s most capital-efficient and low-cost lithium projects • Location adjacent World Class Infrastructure • High-grade Lithium Resources 25km from Australia’s closest port to Asia and nearby Darwin capital
Slide 8: Prime location and valuable infrastructure
Prime location and valuable infrastructure For personal use only Potential LiOH Plant and logistics Darwin CBD N Aerial view of Darwin, the Port of Darwin and the Grants Lithium development Excellent location & infrastructure advantages Potential for downstream manufacturing 8
Slide 9: Dense Media Separation (DMS) - no flotation circuit required
Dense Media Separation (DMS) - no flotation circuit required For personal use only DMS avoids problems of other new lithium Australian flotation projects burdened by high capex, large debt and high finance cost and high operating cost (refer appendix) ✓ Simple DMS (gravity) separation produces high
Slide 10: Binding offtake with Yahua to potentially supply Tesla LiOH contract
Binding offtake with Yahua to potentially supply Yahua’s 5-year LiOH supply contract with Tesla For personal use only Tesla recently signs 5-year LiOH supply deal with Core’s largest shareholder and lithium offtaker - Yahua ✓ Core has Binding offtake with Yahua for 75,000tpa (approx. 40% of Core’s c
Slide 11: Darwin Port Heads of Agreement
Darwin Port For personal use only Heads of Agreement Core has agreement with Darwin Port to ship 250,000tpa of spodumene concentrate Darwin Port is Australia’s nearest port to China East Arm Wharf facilities at Darwin Port are well suited to handle potential future production from Core’s lithium pro
Slide 12: NT Government approvals received for Finniss Lithium Project
NT Government approvals received for Finniss Lithium Project For personal use only Approval milestones 2018 Mineral Lease Granted for Finniss Lithium Project & key infrastructure 2019 Supplementary Environmental Impact Study (EIS) submitted 2020 Mine Processing Plant and EIS & Mine Management Plan (
Slide 13: Mineral Resources & Ore Reserves expansion
Mineral Resources & Ore Reserves expansion Significant Upside For personal use only 2020 150% increase to the Measured/Indicated Resource and Reserves 2021 Resource expansion drilling to accelerate LOM growth and production capacity increases ✓ Significant potential to continue to increase life of m
Slide 14: Mineral Resources & Ore Reserves expansion – project pipeline
Mineral Resources & Ore Reserves expansion Significant Upside For personal use only Current Project Pipeline Pipeline of high-grade lithium targets that formed the basis of recent resource drilling Current and Future Drilling Programs leading to Mineral Resource and Ore Reserve increases in 2021 and
Slide 15: 2021 Exploration and Resource Growth Strategy
2021 Exploration and Resource Growth Strategy For personal use only Organic resource growth opportunities Strategic resource growth opportunities • Resource/Reserve Extensions : • Potential for new adjacent acquisitions to • Grants, BP33, Carlton, Hang Gong, etc contribute to future resource growth
Slide 16: Positioned at front of the line to be Australia's next lithium producer
Positioned at front of the line to be Australia’s next lithium producer For personal use only ✓ Binding offtake with Yahua to potentially supply Yahua’s 5-year LiOH supply contract with Tesla ✓ Approvals in place to commence construction & operation of the Finniss Lithium Project ✓ First European Of
Slide 17: Appendix: Gold and Silver Projects, Northern Territory
For personal use only Appendix: Gold and Silver Projects Northern Territory, Australia
Slide 18: High grade gold and silver projects in the NT
High grade gold and silver projects in the NT For personal use only Substantial value in Core’s 100%-owned precious metals projects Core is advancing high-grade gold and silver projects in NT ✓ Grades over 100g/t Au Bynoe Gold Project ✓ +100 Gold Nuggets and Visible Gold ✓ First gold drill assays in
Slide 19: Bynoe Gold Project
Bynoe Gold Project For personal use only 100g/t assays, +100 gold nuggets and visible gold in +10million ounce terrain • Bynoe Gold Project located in Pine Creek Orogen (PCO) • PCO hosts +13 million oz and produced 4.5 million oz gold • “thinking time” in COVID-19 lockdown enabled Core to unlock gol
Slide 20: Bynoe Gold Project: gold nuggets within 1,600m gold anomaly
Bynoe Gold Project For personal use only 80 gold nuggets within 1,600m gold anomaly • Over 80 gold nuggets found in late 2020 - up to 5 grams • Four new prospects identified across a 1,600m gold trend • Up to 32g/t gold-in-soils and 11 samples >1,000ppb Au • Five rock chips grade >10g/t Au and 17 sa
Slide 21: Thank you
For personal use only Thank you For more information: Core Lithium Level 1, 366 King William Street, Adelaide Stephen Biggins: +618 8317 1700 Authorised for release by the Board of Core Lithium Ltd. For broker and media enquiries: Cannings Purple Warrick Hazeldine: +61 417 944 616 Fraser Beattie: +6