Ultra Lithium Inc. · TSXV:ULT
Ultra Lithium — Investor Presentation (July 2017)
33 slides from Ultra Lithium's investor presentation, July 2017
Slide 1: Ultra Lithium – A Better Future
a Better Future ee, er July 2017 LITHIUMPLUS ULTRA LITHIUM INCORPORATED | www.ultralithium.com | TSX.V: ULI FSE: QFB
Slide 2: Disclaimer
Disclaimer This presenta2on contains forward looking statements including but not limited to comments regarding predic2ons and projec2ons. Forward looking statements address future events and condi2ons and therefore involve inherent risks and uncertain2es. Although Ultra Lithium Inc. believes that s
Slide 3: Company Overview
Company Overview Ultra Lithium is a lithium focused explora;on company with diversified lithium projects in strategically located jurisdic;ons in Argen;na, USA and Canada • La Borita Brine Lithium Project, Argen;na: ü Located within lithium triangle of Argen;na, Chile and Bolivia, a region with larg
Slide 4: La Borita Brine Lithium Project Argentina
La Borita Brine Lithium Project Argen;na • Ultra Lithium has an op;on to acquire 100% interest in La Borita lithium property in the “Lithium Triangle”. • Total area is 3,000 hectares in Catamarca Province, Argen;na. • Road and rail are accessible connec;ng to a port. • Located 15 km to the east of S
Slide 5: La Borita Project – Lithium Mineralization
La Borita Project – Lithium Mineraliza;on • The property was explored for base metals in 1970s. • Recent work was carried out during 2010-‐13. • Five holes were drilled on the property with a cumula;ve depth of 1785 m. • Surface water flowing from one well indicated average values of 227 ppm lithium
Slide 6: La Borita Project – Copper Mineralization
La Borita Project – Copper Mineraliza;on • The reported base metals mineraliza;on on the property is comprised of (1) rusty copper in traver;ne with malachite, azurite, atazanite, freirinite and calcan;te dissolving in water; and (2) phosgenite (lead) veins. • There are several reported old adits an
Slide 7: La Borita Lithium Project – Further Exploration
La Borita Lithium Project – Further Explora;on • Resampling of exis;ng historical wells to confirm historical anomalous values of lithium and potassium (2017). • Carrying out pumping tests to define hydrogeological characters of the basin and its pumping capacity (2017). • Comple;ng pilot scale evapor
Slide 8: Georgia Lake Lithium Pegmatites
Georgia Lake Lithium Pegma;tes • 100% ownership of 16 mineral claims covering 2,416 ha land in 151 units located in Thunder Bay Mining Division, Ontario, Canada. • Stable and favourable mining jurisdic;on: -‐ Favourable mining policies -‐ Suppor;ve First Na;ons • Excellent infrastructure -‐ Locat
Slide 9: Historical Exploration
Historical Explora;on • The spodumene-‐bearing pegma;tes of the Georgia Lake area were first discovered in 1955. • Subsequent to the ini;al discovery, about 3,200 claims were staked and within a short ;me and numerous addi;onal lithium deposits were located. • While some work was conducted in subseq
Slide 10: Geology & Mineralization
Geology & Mineraliza;on • Majority of pegma;tes are hosted by Archaean meta-‐sediments near large masses of granite. • Pegma;tes are Lithium-‐cesium-‐tantalum (LCT) type. • Spodumene is the main lithium mineral. • Spodumene and feldspar are mostly aligned normal to the pegma;te wall. • Poten;al f
Slide 11: Lithium Pegmatites on the Property
Lithium Pegma;tes on the Property Jean Lake Pegma;tes • Giles Pegma+te: runs at N80°E strike, dips steeply at 70° – 80° S, and was traced in surface exposures and diamond-‐drillholes for approx. 200 metres with width of 4-‐15 metres. Surface sampling during 1956-‐7 period indicated average lithiu
Slide 12: Lithium Pegmatites on the Property Contd.
Lithium Pegma;tes on the Property Contd. Vegan Pegma;te: • An eastern extension of Newkirk pegma;te and has been traced for 2,000 feet through diamond drilling in the past. • Average of 16 feet thick, strikes N75°W and dips 35°-‐ 45° NE. • Historical explora;on during 1950s comprised of 19 diamond
Slide 13: Lithium Pegmatites on the Property Contd.
Lithium Pegma;tes on the Property Contd. Swanson Beryl Pegma;tes: • These are a series of beryl-‐bearing pegma;tes occurring in metasediments south of Jackfish River and west of Cosgrave Lake. • The main pegma;te is a sill that strikes N60°E and dips ver;cally, mainly made up of potash and plagiocla
Slide 14: 2016 Exploration Work
2016 Explora;on Work • In June 2016, the Company carried out prospec;ng and grab sampling on eight lithium pegma;tes on the Property; • The results showed that out of total 21 samples, ten samples were over 1% lithium oxide and five samples were 2% or more lithium oxide with a maximum value of 2.73%
Slide 15: 2016 Exploration Work Contd.
2016 Explora;on Work Contd. In October-‐November 2016, the Company completed a stripping, trenching, and channel sampling program at Camp Pegma;te on the Property. Highlights of the sampling program were: • Channel CH16-‐01 intersects 1.1% Li2O over 2.29 m with Be 243 to 251 ppm, Nb 51 to 66.4 ppm
Slide 16: 2017 Exploration Work
2017 Explora;on Work In April-‐May 2017, the Company drilled four short holes (up to 8 m deep) at various spodumene pegma;tes on the property. Highlights of the drill hole assay results were: • Drill Hole ULI-‐17-‐01 intersects 1.11% Li2O over 4 m from 1 m below surface at Niemi Pegma;te. • Drill
Slide 17: South Big Smoky Valley, Nevada
South Big Smoky Valley, Nevada • Strategically Located in Esmeralda County, Nevada 26 km to the Silver Peak Mine in Clayton Valley, which is the only lithium producer in North America and has been in produc;on since 1967. • About 310km to Tesla’s Gigafactory which, by 2020, is planned to exceed the
Slide 18: Geology and Mineralization
Geology and Mineraliza;on • Similar geology and weathering history to Clayton Valley; • The US Geological Survey carried out reconnaissance programs in the ’70s including sampling and drilling on the edges of Big Smoky indica;ng anomalous lithium values in sediments; • Gravity surveys iden;fied vario
Slide 19: CSAMT Ground Geophysical Survey 2014
Explora;on Work by Ultra Lithium CSAMT Ground Geophysical Survey 2014 • In 2014, the Company completed a CSAMT (Controlled Source Audio-‐ Frequency Magneto-‐telluric) ground geophysical survey work on the Property. • The survey consisted of eight CSAMT survey lines (Lines A through H) covering 53.
Slide 20: Sediment and Water Sampling 2015
Explora;on Work by Ultra Lithium Sediment and Water Sampling 2015 • ULI carried out a soil and water sampling program in December 2015 along CSAMT survey lines. • A total of 48 sediment and 5 water samples were collected to cover CSAMT lines A to H. • The results confirmed the presence of lithium in
Slide 21: Lithium Targets Summary
Lithium Targets Summary • CSAMT Survey iden;fied several targets represen;ng poten;al lithium bearing brines and structural traps favourable for brine accumula;on in two dis;nct areas (southwestern area and north-‐eastern area). • The sediment sampling program in 2015 confirmed presence of anomalous
Slide 22: Exploratory Drilling
Exploratory Drilling • The Company planned a drill program to test poten;al brine lithium targets iden;fied during 2014-‐2015 explora;on work. • A total of 11 drill holes are planned to be completed in two phases with the total being approximately 7,000 metres of drilling. • In 2016, two drill holes
Slide 23: Exploratory Drilling Results
Exploratory Drilling Results • The core samples confirmed anomalous lithium, potassium and boron values. • Water samples from both wells indicated presence of lithium values of up to 1 ppm. • The Company intends to carry out several rounds of water sampling as a guide for planning further drilling fo
Slide 24: Future Plans
Future Plans • The Company has signed op;on agreements with the following two Vancouver based lithium companies to move the project forward: Ø Metron Capital Corp. op;oned 100 claims. Ø United Lithium Corp. op;oned 100 claims. • Both companies will be responsible for maintaining their op;oned clai
Slide 25: Global Lithium Sectors Demand
Global Lithium Sectors Demand • Baneries accounted for only ~4% of lithium demand in 2000, but 39% in 2015 and is expected to be 65% by 2025. (Source: Deutsche Bank) • Lithium demand expected to triple by 2025 as compared to 2013. • Lithium price has more than doubled over the last 10 years. 24
Slide 26: Lithium Supply and Demand
Lithium Supply and Demand New producers are required Demand in 2020 could to meet demand growth require an average of 400,000 tonnes LCE per annum Supply in 2020 could be 18% less than demand average 25
Slide 27: Global Lithium Supply
Global Lithium Supply • Currently, the Lithium supply is controlled by four major producers who control lithium produc;on and prices. • Big producers may not be able to keep up with the new demand. • New producers are required to meet Source: Sociedad Quimca Y Minera De Chile Corporate presenta>on –
Slide 28: Global Lithium Prices
Global Lithium Prices Lithium price has stabilized and is forecasted to remain above USD $10,000/t for LCE and $700/t for Li2O concentrate per un;l 2025. 27
Slide 29: Conclusion – Why Lithium
Conclusion – Why Lithium Right Projects: Right Loca;ons: • Lithium is one of the most promising elements • Strategically located in North America and Argen;na with broad poten;als in diversified markets, with proximity to consumer markets; especially in banery and energy storage sectors. • Tesla’s fir
Slide 30: Comparables
Comparables As of Jul 14, 2017 Project M. Cap Shares OS Share Price* Company Ticker Type Loca;on ($M) (M) ($) Brine Ultra Lithium Nevada, Ontario, ULI.V 9.71 64.72 0.15 Inc. Argen;na Hard Rock Cri2cal CRE.V Quebec Hard Rock 171.39 149.04 1.15 Elements Nemaska NMX.V Quebec Hard Rock 388.29 376.98 1.0
Slide 31: Leadership – Directors and Officers
Leadership – Directors and Officers Dr. Weiguo Lang – President & CEO, Director • Has over 20 years of management and opera2onal experiences in mining, technology and agriculture sector with a focus on building strategic alliances, joint ventures and financing. • Execu2ve Director of a Hong Kong Stock
Slide 32: Share Structure – As of July 14, 2017
Share Structure – As of July 14, 2017 Shares Outstanding 64,722,248 Op;ons 3,350,000 Warrants 1,000,000 Fully Diluted 69,072,248 TSX-‐V: ULI Frankfurt: QFB 31
Slide 33: Contact Us
Contact Us TSX-‐V: ULI 2735 Carolina Street Vancouver BC Canada V5T 3T3 Tel: +1 778-‐968-‐1176 Email: kiki@ultralithium.com www.ultralithium.com 32