Loyal Metals Limited. · ASX:LLM
Loyal Metals — Investor Presentation (December 2022)
32 slides from Loyal Metals's investor presentation, Dec 15, 2022
Slide 1: A Lithium Led Battery Minerals and Technology Company
A LITHIUM LED BATTERY MINERALS AND TECHNOLOGY COMPANY Investor Presentation DECEMBER 2022 ASX:LLI
Slide 2: Disclaimer
DISCLAIMER The material in this presentation has been prepared by Loyal Lithium Ltd (“Loyal Lithium”) and is general background information about Loyal Lithium’s activities current as at the date of this presentation. This information is given in summary form and does not purport to be complete. Inf
Slide 3: Meet Our CEO
MEET OUR CEO ADAM RITCHIE BEng (hon), MEng, CPEng Highly experienced lithium and development professional Over 20 years’ experience in the resources sector having held senior positions at Australia’s leading resources companies including Pilbara Minerals, FMG, Rio Tinto & BHP Former Project Director
Slide 4: Lithium Is Changing the Way We Walk, Talk and Live
LITHIUM IS CHANGING THE WAY WE WALK, TALK AND LIVE LITHIUM IS CHANGING THE WAY WE TALK, DRIVE & LIVE THIS IS JUST THE THIS IS JUST THE BEGINNING BEGINNING 4 4
Slide 5: We Aim to Find, Define, Mine and Refine
WE AIM TO FIND, DEFINE, MINE AND REFINE ASSETS THAT CONSIDER THE FULL LITHIUM SUPPLY CHAIN POTENTIAL NOT JUST THE RESOURCE POTENTIAL 5 5
Slide 6: Our Journey
OUR JOURNEY Q3 ‘21 Q4 ‘21 Q1 ‘22 Q2 ‘22 Q3 ‘22 Q4 ‘22 INCEPTION INCEPTION MONGER MONGERNth Nth MONGERSth MONGER Sth SCOTTY Li BRISK BRISK Li Li TRIESTE TRIESTE Li Li FUTURE ASX:MMG float Drilling at VMS potential Scotty Lithium Brisk Lithium Trieste • 6th July 2021 Monger North discovered at Lithium
Slide 7: Corporate Snapshot
CORPORATE SNAPSHOT ASX - 15 DEC 2022 LLI Shares on Issue 55.45m Share Price $0.36 Market Cap $20m Cash (Dec ‘22)1 $7m Debt Nil Enterprise Value $13m Top 20 52% "The change of company name to Loyal Lithium is a critical milestone, as it signifies our transition to a lithium-led battery minerals and t
Slide 8: Our Lithium Assets
OUR LITHIUM ASSETS IN TIER-1 NORTH AMERICAN JURISDICTIONS Six prospects over 98.5km2 host to several known pegmatite outcrops 8
Slide 9: Trieste Lithium Project
TRIESTE LITHIUM PROJECT JAMES BAY LITHIUM DISTRICT QUEBEC, CANADA
Slide 10: Trieste Lithium Project
TRIESTE LITHIUM PROJECT JAMES BAY LITHIUM DISTRICT ASX Announcement 20 October 2022 “Loyal Lithium triples land position with the acquisition of the Trieste Lithium Project in the James Bay Lithium District, Quebec” ü Drilling Success Next-door - Winsome Resources’ (ASX: WR1) Adina Project only 14km
Slide 11: Trieste Lithium Project: Drilling Success Next Door
TRIESTE LITHIUM PROJECT DRILLING SUCCESS NEXT DOOR ALL EYES ON THE TRIESTE GREENSTONE BELT Winsomes’ Adina Project is 14km East of Loyal Lithium's’ Trieste Project • 31 Sept 22: Rock chips returning high grade lithium assay results1 of up to 4.89% Li2O • 28 Oct 22: 160m of pegmatite collectively int
Slide 12: Trieste Lithium Project: 2023 Work Plan Determined
TRIESTE LITHIUM PROJECT 2023 WORK PLAN DETERMINED 11 Historical Data Review 2 Historical Data obtained whilst targeting other minerals and metals: • Pegmatites were observed in all 13 historical • Aeromagnetic, EM and IP surveys drill core logs and photos with a combined • 767 in-situ outcrop sample
Slide 13: Trieste Lithium Project: Initial Review of Historical Data
TRIESTE LITHIUM PROJECT INITIAL REVIEW OF HISTORICAL DATA Encouraging Insights • 123 pegmatite outcrop observations exist at the Trieste Lithium Project • Multiple exploration targets identified • Target 1: The pegmatite outcrop observations at the anomalous historical lithium assay (180ppm) site ha
Slide 14: Testing of Pegmatites Found in Historical Drill Core
TRIESTE LITHIUM PROJECT TESTING OF PEGMATITES FOUND IN HISTORICAL DRILL CORE INSIGHTS • Trieste has never been explored for lithium • Historical drilling targeted gold / base metal sulphide conductors identified by EM and IP surveys • Pegmatites were observed in all 13 historical drill core logs and
Slide 15: Brisk Lithium Project
BRISK LITHIUM PROJECT JAMES BAY LITHIUM DISTRICT QUEBEC, CANADA 15 15
Slide 16: Brisk Lithium Project: James Bay Lithium District
BRISK LITHIUM PROJECT JAMES BAY LITHIUM DISTRICT Six prospects over 98.5km2 host to several known pegmatite outcrops ü Hard Rock Capital (of North America) ü In-Country Geo Partner (DG Resource Management) ü Downstream Battery Corridor (demand at doorstep) Quebec Canada 16
Slide 17: Brisk Lithium Project: Six Prospects – 98.5km2
BRISK LITHIUM PROJECT SIX PROSPECTS – 98.5km2 • Brisk Lithium Project is located due west of Winsome Resources’ Cancet Project, on trend with Cancet and Corvette. • Located within close proximity to the La Grande Complex (hydroelectric) and associated infrastructure, including the all-weather Trans-
Slide 18: Brisk Lithium Project: Inaugural Exploration Program
BRISK LITHIUM PROJECT INAUGRUAL EXPLORATION PROGRAM One day was assigned to each of the 6 areas to traverse the initially identified targets on foot, collect rock chips (every ~1km) and conduct a high-level geological assessment d ate p id eU Highlights ov Pr n to • More pegmatite outcrops than orig
Slide 19: Brisk Lithium Project: 2023 Work Plan Determined
BRISK LITHIUM PROJECT 2023 WORK PLAN DETERMINED Complete field mapping in Areas 1, 2 & 3 • Conduct field mapping programs on the southeast of Area 1 and prospective portions of Areas 2 and Area 3 that were not covered in the 6-day inaugural field program Area 1 additional detailed field traverses •
Slide 20: Scotty Lithium Project, Nevada, USA
SCOTTY LITHIUM PROJECT NEVADA, USA
Slide 21: Nevada Lithium Is Alive
NEVADA LITHIUM IS ALIVE A TIER-1 JURISDICTION • Surrounded by multiple brine and sediment projects with significant market caps including: - Ioneer’s Rhoylite Ridge Lithium-Boron Project - Albermarle’s Silver Peak Lithium Project • Adjacent to Bonnie Claire Lithium Project with a 18.4Mt of LCE resou
Slide 22: Scotty Lithium Project: Exploration Work Advancing
SCOTTY LITHIUM PROJECT EXPLORATION WORK ADVANCING ü Extensive soils program completed o 540ppm peak Lithium1 recorded ü In-Country geological partner engaged o Dahrouge Geological Consulting ü Drilling program optimised o Via historical data and 3D basin model ü Regulator drilling approvals submitte
Slide 23: Scotty Lithium Project: Sediments Are in Play
SCOTTY LITHIUM PROJECT SEDIMENTS ARE IN PLAN * Bonnie Claire Mineral Resource Estimate "Bonnie Claire appears to be a new type of deposit that has lithium compounds like lithium carbonate and lithium salts deposited within the fine grain clay, silt, and sand pore space. Although most of the sediment
Slide 24: Scotty Lithium Project: Lithium-Boron Potential
SCOTTY LITHIUM PROJECT LITHIUM-BORON POTENTIAL • Strong lithium-boron results reported 4km east of LLI’s TARGET 2 SOIL ASSAY RESULTS Scotty Target 2 on the Bonnie Claire Project o 0.59"assays to a maximum of 5,570ppm Lithium LITHIUM BORON and >10,000ppm Boron2. Samples Samples Area >165ppm Max Li pp
Slide 25: 2023 Strategic Business Plan
2023 STRATEGIC BUSINESS PLAN A THREE PRONGED APPROACH 1. Transition We are transitioning to a lithium led battery minerals and technology company Invest – Divest - Rebrand 2. Educate We believe the lithium supply chain is sub optimal ue and we plan to educate investors on a better way al History - O
Slide 26: In Country Geological Partners
IN COUNTRY GEOLOGICAL PARTNERS DG Resource Management are geological project generators with a unique perspective on mineral exploration that has resulted in numerous grass roots discoveries across multiple commodities, including lithium, REE’s, uranium and specialty metals. DG Resource Management i
Slide 27: Lithium Exploration Newsflow Ahead
LITHIUM EXPLORATION NEWSFLOW AHEAD Q1 2023 Q2 2023 Q3 2023 ONGOING Corporate Activity • Value via Strategic Business Plan Trieste Lithium Project (Canada) • Historical Data Review • Testing of Pegmatites in Historical Core • Satellite Data • Field Mapping Exercise Brisk Lithium Project (Canada) • Ta
Slide 28: Contact
CONTACT Adam Ritchie Chief Executive Officer aritchie@loyallithium.com Jane Morgan Investor & Media Relations jm@janemorganmanagement.com.au +61 (0)405 555 618 ASX:LLI loyallithium.com
Slide 29: Appendix: Favourable Host Rock Conditions
APPENDIX FAVOURABLE HOST ROCK CONDITIONS The Archean Age 2640-2660Ma The Creation of Pegmatites Brisk has 2687/2690Ma host rocks. The intrusions where pegmatites are derived take 10s Ma to solidify allowing enough time for incompatible elements, like Lithium, to concentrate and migrate into intrusio
Slide 30: Appendix: Lithium Is Now Political
APPENDIX LITHIUM IS NOW POLITICAL The Inflation Reduction Act conditions the two-part credits on a certain percentage of materials used in a vehicle’s batteries being extracted, processed, manufactured and/or assembled in the US or in certain US-allied countries for example Australia & Canada. • To
Slide 31: Appendix: Lithium Resource Types – Take Aways
APPENDIX LITHIUM RESOURCE TYPES – TAKE AWAYS Apples for Apples All Low In-situ %Li All 3 are in Play Lithium resources are often The 3 main lithium resource types Recent market trends puts all quoted with different metrics, are created by magma formations resource types into play: – directly or indi
Slide 32: Appendix: Lithium Supply Chain
APPENDIX LITHIUM SUPPLY CHAIN: WE KNOW IT AND KNOW WHERE TO DRAW THE LINE Our aim is to capture as much value as possible without meddling with the evolving OEM specifications (purity and cathode chemistry) 32