Ultra Lithium Inc. · TSXV:ULT
Ultra Lithium — Investor Presentation (December 2022)
30 slides from Ultra Lithium's investor presentation, December 2022
Slide 1: Developing Battery Metals for the Future in Canada, Argentina & the USA
Developing Battery Metals for the Future – in Canada, Argentina, & the USA Corporate Presentation – Q4 2022 TSX.V: ULT | FSE: QFB | OTC: ULTXF | ULTRALITHIUM.COM Developing Battery Metals for the TSXV: ULT | FSE: QFB | OTC: ULTXF | ULTRALITHIUM.COM Future in Canada, Argentina, & the USA
Slide 2: Forward Looking Statements
Forward Looking Statements This presentation contains forward looking statements including but not limited to comments regarding predictions and projections. Forward looking statements address future events and conditions and therefore involve inherent risks and uncertainties. Although a Lithium Inc
Slide 3: Advantages
Advantages Strong Partners Operational Excellence Growing Asset Base Global roster of Progressing towards test Risk reduction and industry and strategic mining, bulk sampling and resource expansion investors back ULT brine processing through exploration and development Strong LocaI Support Global Po
Slide 4: ULT – Experienced Team
ULT – Experienced Team Dr. Weiguo Lang, Ph.D.(Econ) Afzaal Pirzada, M.Sc.(Geo), P.Geo. President & CEO, Director Vice President, Exploration Has over 25 years of management and With over 30 years’ experience in mineral operational experience in mining, technology exploration and mining, has worked o
Slide 5: Right Projects, Right Place
Right Projects, Right Place Laguna Verde, Lithium Triangle Georgia Lake and Forgan Lake Three Brine Lithium licences at a Two hard rock spodumene lithium new high grade brine lithium projects in northern Ontario, Canada. discovery in Catamarca, Argentina. Drilling completed, samples out for Drilling
Slide 6: Georgia Lake – Lithium Pegmatites Project
Georgia Lake – Lithium Pegmatites Project 100% ownership of 75 mining claims in Thunder Bay Mining Division, Northwestern Ontario, Canada. Stable and favourable mining jurisdiction and supportive First Nations. Excellent infrastructure: near highway, deep water port, and electrical power. Mining per
Slide 7: Georgia Lake – Geology and Mineralization
Georgia Lake – Geology and Mineralization Eight known lithium pegmatites. Majority of pegmatites are hosted by Archaean meta-sediments near large masses of granite. Spodumene is the main lithium mineral. Feldspar, quartz and mica are the other major minerals. Potential for other rare metals includin
Slide 8: Georgia Lake – Exploration Work
Georgia Lake – Exploration Work In June 2016, the Company carried out prospecting and grab sampling on eight lithium pegmatites on the Property: The results showed that out of total 21 samples, ten samples were over 1% lithium oxide (Li2O) and five samples were 2% or more lithium oxide with a maximu
Slide 9: Georgia Lake – Exploration Work (Continued)
Georgia Lake – Exploration Work (Continued) In October-November 2016, the Company completed a In April-May 2017, the Company drilled four short stripping, trenching, and channel sampling program at Camp holes (up to 8 m deep) at various spodumene Pegmatite on the Property. The work indicated over 1%
Slide 10: Forgan Lake – High Grade Pegmatites
Forgan Lake – High Grade Pegmatites In 2022 completed 100% acquisition of Forgan Lake high grade pegmatites to further strengthen its project portfolio development plan. Forgan Lake Property comprised of 18 cell claims and two boundary claims with a total area 256 hectares. Historical drilling over
Slide 11: Georgia Lake & Forgan Lake – Plan Moving Forward
Georgia Lake & Forgan Lake – Plan Moving Forward Q4 2022 completed 7,000 metres of drilling. Core is being logged and samples sent for assay. The property has a potential to produce small to medium scale lithium oxide concentrate (20,000 tonnes per year). Management is considering to apply for a qua
Slide 12: Laguna Verde – New High Grade Brine Discovery in Argentina
Laguna Verde – New High Grade Brine Discovery in Argentina Laguna Verde comprises three lithium brine licences covering over 7,569 hectares in Catamarca Province, Argentina. Located within the famous Lithium Triangle where over 50% of the world lithium resource is situated. Discovery of high lithium
Slide 13: Laguna Verde – Sampling, Geophysics and Drilling
Laguna Verde – Sampling, Geophysics and Drilling Two rounds of brine surface sampling in 2017 indicate a high grade brine discovery with values of lithium in the range of 14 ppm to 1,270 ppm, potassium values 262 ppm to 15,800 ppm, magnesium less than 1 ppm to 7,920 ppm with Mg/Li ratio of <1 to 13.
Slide 14: Laguna Verde – 2018 Geophysics
Laguna Verde – 2018 Geophysics In 2018, the Company contracted Beijing Technology A total of 39.2-line-kilometers of ground geophysical survey and Engineering Co., Ltd. (BETEC) from China to to a depth of 225 metres was completed on Laguna Verde. complete a Gravity and Time Domain Electromagnetic Th
Slide 15: Laguna Verde – 2018 Evaporation Test Work
Laguna Verde – 2018 Evaporation Test Work A four cubic metres (4,000 liters) brine samples taken from Laguna Verde was shipped to the Company’s lab in Salta, Argentina, July 2018. The samples were tested to evaluate the process design for producing various lithium salts in both controlled and natura
Slide 16: Laguna Verde – 2022 Exploratory Drilling
Laguna Verde – 2022 Exploratory Drilling Initial drilling program is for 3 rotary drill holes and one diamond drill hole to a depth of up to 400 metres below ground surface. In February 2022, the drilling contractor began drilling, however they encountered technical difficulties drilling the first h
Slide 17: Upcoming Catalysts
Upcoming Catalysts Georgia Lake and Forgan Lake Laguna Verde Completed 7000 meters of drilling Drilling commenced – 1200 meters to be Drill core logging is in progress completed end of 2022 Samples delivered for assay Pumping tests and sampling to be completed end of 2022 Bulk sample has been collec
Slide 18: The Right Partners – Wenzhou Liten Group
The Right Partners – Wenzhou Liten Group Wenzhou Liten Group – Strategic and Long Term Investor $2 Billion Annual Revenue (USD) Top 100 Car Dealer in China (2018) Liten Group Co., Ltd. was established in 2002 and grew into one of the Top 100 Automobile Dealers with an annual turnover of $5 to $10 bi
Slide 19: The Right Timing
The Right Timing The World Wants More EVs EV Mining & Materials Underinvested Lithium Prices Up 900%+ By 2023 electric vehicles will cost the Investment in mining for battery metals Lithium carbonate prices reached record same as their internal combustion has lagged that of batteries and electric hi
Slide 20: The Right Timing
The Right Timing Growing demand for Lithium-ion batteries creates unique business opportunities. Canada and many other countries have mandated that all new cars be emission free by 2040. Canada established a critical minerals policy in 2022 to enhance the Canadian mining industry’s ability to provid
Slide 21: Share Structure
Share Structure As of December 2, 2022 Outstanding 168,731,713 Options 4,272,500 Warrants 30,390,176 Fully Diluted 203,394,389 Exchange Listings TSXV: ULT OTCQB: ULTXF Frankfurt: QFB Developing Battery Metals for the TSXV: ULT | FSE: QFB | OTC: ULTXF | ULTRALITHIUM.COM Future in Canada, Argentina, &
Slide 22: Right Investment Opportunity
Right Investment Opportunity Peer Group Analysis (December 2, 2022) Project Market Cap Shares OS Share Price* Company Ticker Type Location ($M) (M) ($) Argentina, Canada Brine Ultra Lithium Inc. ULT.V Hard Rock 18.56 168.73 $ 0.11 & USA Critical Elements CRE.V Quebec Hard Rock 447.32 212.00 $ 2.11 L
Slide 23: Key Shareholders
Key Shareholders Weiguo Lang – CEO As of December 2, 2022 7% Weiguo Lang, CEO 12,259,500 shares 7% Shauguo Cao, Chairman, Liten Group 29,000,000 shares 17% Zangge 23,000,000 shares 14% Shauguo Cao – Key Shareholders Total: 104,472,213 shares 38% Chairman 17% Objectives Expand North American sharehol
Slide 24: Contact Information
Contact Information Ultra Lithium Inc. Direct Contacts 1120 – 789 West Pender Street, Kiki Smith, CPA, CGA Vancouver, BC V6C 1H2 Canada Chief Financial Officer Website: www.ultralithium.com E: kiki@ultralithium.com T: +1-778-968-1176 TSXV: ULT Afzaal Pirzada, M.Sc.(Geology), P.Geo. OTCQB: ULTXF Vice
Slide 25: Appendix
APPENDIX Developing Battery Metals for the TSXV: ULT | FSE: QFB | OTC: ULTXF | ULTRALITHIUM.COM Future in Canada, Argentina, & the USA 25
Slide 26: Argentina – 16 New Gold Projects in Chepes Area
Argentina – 16 New Gold Projects in Chepes Area Ultra Lithium has implemented a diversification program by acquiring a total of 16 gold licences totaling over 30,000 acres of highly prospective properties in La Rioja Province, Argentina. Developing Battery Metals for the TSXV: ULT | FSE: QFB | OTC:
Slide 27: Argentina – Gold Projects
Argentina – Gold Projects Three Exploration Licences ULTRA I, ULTRA II and ULTRA III covering 27,900 hectares land were acquired by direct staking through Ultra Argentina SRL, a wholly owned subsidiary of Ultra Lithium Inc. The properties surround a number of historical producing gold mines and are
Slide 28: Argentina – Gold Projects, Three Exploration Licences
Argentina – Gold Projects, Three Exploration Licences Ultra Lithium's Three Exploration Licences The historical gold mines have been mined for over one hundred years. In 1993, Japan International Cooperation Agency (JICA) studied this area and provided information on 30 different gold mineralization
Slide 29: Argentina – Gold Projects, 13 Mining Licences
Argentina – Gold Projects, 13 Mining Licences 13 Mining Licences 2,000 Hectares in a historical producing gold area with numerous old gold mines located on site. With approval of La Rioja Ministry of Mines, the titles of ULT’s recently acquired thirteen gold mining licences were transferred to the n
Slide 30: Argentina – Gold Projects, Assay Results
Argentina – Gold Projects, Assay Results Recent Assays Up to 54.77 G/T (1.93 OZ) Gold Assay results of grab samples from ULT’s newly acquired Chepes Gold Mining Licences Samples taken for property acquisition due diligence purposes and were tested in two independent laboratories: SGS Laboratories in
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