Liontown Limited · ASX:LTR
Liontown — Investor Presentation (January 2017)
28 slides from Liontown's investor presentation, Jan 31, 2017
Slide 1: Drilling Three High-Potential Australian Lithium Projects
2017 – First-Half Work Program Drilling Three High-Potential Australian Lithium Projects • Kathleen Valley, Lake Percy (WA) – maiden drilling to test large-scale pegmatites imminent • Emerging Australian lithium discovery at Bynoe (NT) – drilling next quarter • Continued exposure to high quality gol
Slide 2: Disclaimer
Disclaimer Competent Person’s Statement and Disclaimer: • The Information in this report that relates to Exploration Results for the Bynoe Project is extracted from the ASX announcements entitled “Thick zones of strong lithium mineralisation intersected in maiden drilling program at Bynoe Project, N
Slide 3: Company Snapshot
Company Snapshot • Three emerging Australian lithium projects – Kathleen Valley (WA), Lake Percy (WA) and Bynoe (NT): Maiden drilling scheduled for mid-February 2017 at Kathleen Valley – large-scale pegmatite system with outstanding surface grades +2km long strong lithium trend with thick pegmat
Slide 4: Corporate Overview
Corporate Overview Board of Directors Corporate Details TIM GOYDER –Chairman +30 years experience, MD – Chalice Gold, Chairman – Uranium ASX Code LTR Equities Shares on Issue ~990M DAVID RICHARDS – Managing Director +30 years experience, former Managing Director – Glengarry Market Capitalisation $25
Slide 5: Key Projects
Key Projects Bynoe Lithium Project (NT, Australia) • Previous Greenbushes-owned tin-tantalum mining centre • Extensive pegmatite field located <50km from Darwin • Thick widths of >1% Li2O (spodumene-related) mineralisation intersected in maiden drilling program Kathleen Valley (WA, Australia) • Mult
Slide 6: Kathleen Valley Lithium-Tantalum Project
Kathleen Valley Lithium-Tantalum Project • 77km2 tenement package located 680km NE of Perth, WA – good infrastructure • Large spodumene-bearing pegmatite swarm • Previous exploration focused on gold and nickel with lithium potential untested • Multiple high grade lithium and tantalum results from ro
Slide 7: Kathleen Valley Lithium-Tantalum Project
Kathleen Valley Lithium-Tantalum Project • 3.5 x 1km spodumene-bearing pegmatite swarm • Multiple high grade lithium and tantalum values recorded from rock chip sampling (see Appendix 2): 3.5% Li2O and 158ppm Ta2O5 2.6% Li2O and 249ppm Ta2O5 2.5% Li2O and 103ppm Ta2O5 2.5% Li2O and 286ppm Ta2O5
Slide 8: Kathleen Valley Lithium-Tantalum Project
Kathleen Valley Lithium-Tantalum Project Good size pegmatites with fresh spodumene at surface – undrilled, on granted MLs and with existing infrastructure 8 www.ltresources.com.au
Slide 9: Lake Percy Lithium Project
Lake Percy Lithium Project Strategic position in heart of Southern Yilgarn lithium province Several strong lithium-in-soil anomalies defined over 2km strike Coincident with pegmatites locally exceeding 100m true thickness Historical lithium occurrences recorded ~20km to the south at Mt Day
Slide 10: Lake Percy Lithium Project
Lake Percy Lithium Project Historical drill section Soil image showing strong lithium anomalism coincident with large pegmatites Strong lithium anomalism and large pegmatites with true thicknesses exceeding 100m 10 www.ltresources.com.au
Slide 11: Key Projects
Key Projects Bynoe Lithium Project (NT, Australia) • Previous Greenbushes-owned tin-tantalum mining centre • Extensive pegmatite field located <50km from Darwin • Thick widths of >1% Li2O (spodumene-related) mineralisation intersected in maiden drilling program Kathleen Valley (WA, Australia) • Mult
Slide 12: Bynoe Lithium Project – A New Lithium Discovery
Bynoe Lithium Project – A New Lithium Discovery • 88km2 tenement package • Covers central part of historic Bynoe mining field • Good infrastructure – <50km from Darwin Port • Two drilling programs completed in 2016 – confirmed thick zones of spodumene-related lithium mineralisation • Li2O values of
Slide 13: Bynoe Lithium Project – Sandras Prospect
Bynoe Lithium Project – Sandras Prospect >200m mineralized shoot defined – open at depth; Potential of field to host significant spodumene-related lithium mineralization confirmed 13 www.ltresources.com.au
Slide 14: Bynoe Lithium Project – Outstanding Upside
Bynoe Lithium Project – Outstanding Upside Grants Pit Bells Mona Pit More than 50 documented pegmatite targets yet to be tested and soil sampling has defined new targets for drill testing (including extension of Grants trend) 14 www.ltresources.com.au
Slide 15: Bynoe Lithium Project – Next Steps
Bynoe Lithium Project – Next Steps • Results from 2016 drilling programs confirm widespread spodumene-related lithium mineralisation at Bynoe • >50 pegmatites yet to be tested on LTR tenure • Drilling by LTR and neighbours indicates spodumene-bearing pegmatites have coincident lithium anomalism at s
Slide 16: Key Projects
Key Projects Bynoe Lithium Project (NT, Australia) • Previous Greenbushes-owned tin-tantalum mining centre • Extensive pegmatite field located <50km from Darwin • Thick widths of >1% Li2O (spodumene-related) mineralisation intersected in maiden drilling program Kathleen Valley (WA, Australia) • Mult
Slide 17: Lake Victoria Goldfield – A World-Class Exploration Address
Lake Victoria Goldfield – A World-Class Exploration Address • Granite/greenstone terrain similar to Eastern Goldfields of Western Australia • +50Moz gold endowment • World-class (>10Moz) gold deposits • 17Moz Bulyanhulu, 12.5Moz Geita deposits nearby • Established infrastructure • Underexplored LTR
Slide 18: Jubilee Reef – Inferred Resources (2012 JORC)
Jubilee Reef – Inferred Resources (2012 JORC) Simba deposit Simba – 3D • Inferred Resource: view of 7.4Mt @ 1.4g/t gold for ~320,000oz mineralised lodes (looking NNE) Panapendesa deposit • Inferred Resource: 1.1Mt @ 2g/t gold for ~70,000oz Panapendesa Total JORC 2012 Resources – 3D view of • Inferre
Slide 19: Simba – Large Granite-hosted Gold System
Simba – Large Granite-hosted Gold System • Drill results include: • 21m @ 4.7g/t Au • 23m @ 2.9g/t Au • 54m @ 2.6g/t Au • 29.7m @ 3.2g/t Au • Multiple mineralised zones • Large scale, shallow system • Exploration upside Open along strike and at depth Drill hole plan superimposed on magnetic (tilt)
Slide 20: Jubilee Reef – Next Steps
Jubilee Reef – Next Steps • Targeting extensions to existing resources at Simba and Panapendesa • Targeting undrilled prospects including high grade (>3g/t Au) trench intercepts at Tembo 20 www.ltresources.com.au
Slide 21: Mohanga – A World-Class Address
Mohanga – A World-Class Address • South-eastern portion of Archaean Tanzanian Craton, 500km from main goldfields Jubilee Reef • High gold endowment in the north – analogous to Eastern Goldfields, WA • Virtually unexplored • Geological setting analogous to SW corner of Mohanga Yilgarn Block (WA) whic
Slide 22: Mohanga – Multi-Commodity Potential
Mohanga – Multi-Commodity Potential Unexplored Archaean Greenstone Belt with strong gold, lithium and tantalum anomalism defined by initial geochemical surveys. 22 www.ltresources.com.au
Slide 23: Key Reasons to Invest in Liontown
Key Reasons to Invest in Liontown High quality, emerging lithium and gold assets in Tier-1 jurisdictions Potential “game-changers” at Kathleen Valley and Lake Percy with maiden drill programs now imminent Potential to establish a significant lithium resource at Bynoe <50km from a major port Emerging
Slide 24: Thank you
Contacts Thank you David Richards (Managing Director) Tim Goyder (Chairman) +61 8 9322 7431 www.ltresources.com.au info@ltresources.com.au ASX: LTR
Slide 25: Appendix 1: Bynoe RC Drilling
Appendix 1: Bynoe RC Drilling Significant (>0.5%) Lithium Results Estimated true widths – to be Hole ID Prospect East North RL Dip Azimuth Depth (m) confirmed by further drilling From (m) To (m) Interval (m) Grade (%) BP33 – 60% of down hole LBRC001 694533 8593573 23 -80 125 78 No significant assa
Slide 26: Appendix 1 (cont.): Bynoe RC Drilling
Appendix 1 (cont.): Bynoe RC Drilling Significant (>0.5%) Lithium Results Estimated true widths – to be Hole ID Prospect East North RL Dip Azimuth Depth (m) confirmed by further drilling From (m) To (m) Interval (m) Grade (%) BP33 – 60% of down hole 94 121 27 1.1 widths incl. 3m @ 1.6% from 108m a
Slide 27: Appendix 1: Bynoe RC Drilling
Appendix 1: Bynoe RC Drilling Estimated true widths – to be Significant (>0.5%) Lithium Results confirmed by further drilling Hole ID Prospect East North RL Dip Azimuth Depth (m) From (m) To (m) Interval (m) Grade (%) BP33 – 60% of down hole LBRC037 Tal 4 693919 8578427 74 -55 290 102 widths LBRC0
Slide 28: Appendix 2: Kathleen Valley Rock Chip Sampling
Appendix 2: Kathleen Valley Rock Chip Sampling Sample_ID East North Li2O(%) Ta2O5 (ppm) Sample_ID East North Li2O(%) Ta2O5 (ppm) 160614_01a 258766 6959242 1.55 431 KVR60 258536 6958492 1.94 119 160614_01b 258766 6959242 0.80 190 KVR62 258660 6958737 -0.02 414 160614_04 258804 6959190 1.51 493 KVR63