Global Lithium Resources Ltd. · ASX:GL1
Global Lithium Resources — RIU Explorers Conference 2023
28 slides from Global Lithium Resources's conference presentation, Feb 14, 2023
Slide 1: Global Lithium Resources: From Advanced Exploration to Development
Global Lithium Resources From Advanced Exploration to Development 14 February 2023 | ASX: GL1
Slide 2: GL1 Purpose & Values
GL1 Purpose & Values Empowering people to power the planet People | Power | Planet SAFETY INNOVATION The standard you walk past is the We empower people to innovate standard you accept. for the better. OWN IT TEAMWORK We do what we say we will do. We all win when we work together with a can-do minds
Slide 3: Global Lithium – Our Story
Global Lithium – Our Story Marble Bar Primary School visit to the GL1 office – November 2022. 3 Investor Presentation | February 2023
Slide 4: What Makes Global Lithium Unique?
What Makes Global Lithium Unique? ▪ Combined Mineral Resource of 50.7Mt @ 1.0% Li2O Multi-asset development optionality ▪ Two highly prospective Projects at similar stages provides significant optionality around development and funding alternatives Marble Bar Lithium Project ▪ Global Lithium owns 2
Slide 5: Board & Management
Board & Management Warrick Hazeldine Hayley Lawrance Non-Executive Chair Non-Executive Director Co-founder & NED of Cannings Purple; Non-Executive Chair ChemX Commercial lawyer; Director and company secretary for +22 (ASX:CMX), 20 years capital markets experience with a key focus on years with a min
Slide 6: GL1 Snapshot
Oct & Nov 2022 Acquisition of the remaining 20% of Dec 2022 GL1 Snapshot Mar 2022 Mineral Resources Ltd becomes Manna from Breaker for A$60m Raised A$111.4m via institutional placement and A$10m from a SPP 50.7Mt lithium resource base delivered Scoping study cornerstone investor in $29.9m commences
Slide 7: World’s Best Jurisdiction
Western Australia World’s Best Jurisdiction Why WA Spodumene? o WA spodumene is proven as the preferred raw material for lithium WA iron ore Built the new world chemical production WA lithium will Power the new world WA lithium leads global supply in o WA has a peerless ecosystem of the Past, Presen
Slide 8: Transformative 50.7Mt Resource Base
Mineral Resource Upgrade TRANSFORMATIVE 50.7MT RESOURCE BASE 148% Resource Increase Achieved at WA Hard-Rock Lithium Projects – Manna and Marble Bar1 • 230% increase in Manna Lithium Project’s Mineral Resource to 32.7Mt @ 1.0% Li2O • 71% increase in Marble Bar Lithium Project’s Mineral Resource to 1
Slide 9: $121.5M Placement and SPP
Equity Raising $121.5M PLACEMENT AND SPP $121.5m Equity Raising Funds Manna Acquisition, Exploration Initiatives and Manna Feasibility Study1 • Successful completion of $111.4m placement (49.5m shares at $2.25/share) and $10.1M Share Placement Plan • Strong support from strategic shareholders Suzhou
Slide 10: Strategic Investors
Strategic Investors Mineral Resources Limited Suzhou TA&A Access to downstream lithium expertise PORT HEDLAND Access to upstream lithium expertise MLBP • Mineral Resources and Suzhou TA&A each have a MARBLE BAR 9.9% interest in GL1 following the $111.5m Institutional Wodgina Placement in October 202
Slide 11: Manna Lithium Project
Manna Lithium Project 11 INVESTOR PRESENTATION | October 2022
Slide 12: Manna Lithium Project
Manna Lithium Project • Outcropping spodumene bearing pegmatite Geology • Individual pegmatite dykes +20m wide • 100% ownership acquired1 Manna Deposit • Mineral Resource Estimate of 32.7Mt @ 1.0% Li2O2 • Significant exploration upside with resource open at depth and to the NE and SW Significant • 3
Slide 13: Thick Pegmatite Widths Over an Outcropping Strike of +1,500m
Manna Lithium Project Thick Pegmatite Widths Over an Outcropping Strike of +1,500m 1. Refer ASX release titled “POSITIVE DRILLING RESULTS AT MANNA UNDERPIN POTENTIAL FUTURE RESOURCE UPGRADE”, 31 January 2023. 2. Refer ASX release titled “GLOBAL LITHIUM TO PROGRESS THE MANNA LITHIUM PROJECT AFTER ROB
Slide 14: Robust Scoping Study Results
Manna Lithium Project Robust Scoping Study Results Study Sets Foundation for Feasibility Study • Scoping Study completed with MinSol Engineering undertaking study in conjunction with GL11 • MinSol defined process and non-process infrastructure requirements, as well as capital and operating costs. •
Slide 15: Robust Scoping Study Results
Manna Lithium Project Robust Scoping Study Results Key Metrics1 Value Nameplate ROM 2.0Mtpa Estimated production 221ktpa (5.5% Li2O concentrate) Pre-tax NPV (8%) A$2.8 billion IRR 103% Payback 15 months Mine Life 10 Years Average LOM Opex US$688/t Capex A$419 million LOM Spodumene Price (5.5% Li2O U
Slide 16: Robust Scoping Study Results
Manna Lithium Project Robust Scoping Study Results Base Case NPV8% $2,775M1 Exchange Rate (AUD:USD) +/-20% 2,008 3,925 SC5.5 Price +/-20% 1,855 3,695 Recovery +/-10% 2,330 3,220 ROM grade +/-10% 2,330 3,220 Discount Rate (5-10%) 2,449 3,372 Capital cost -10%, +20% 2,694 2,815 Processing costs -10%,
Slide 17: Project Fly Through
Manna Lithium Project Project Fly Through 17 & DEALERS| PRESENTATION DIGGERSPresentation Investor February 2023 | August 2022
Slide 18: Next steps: Feasibility Study
Manna Lithium Project Next steps: Feasibility Study GL1 commences Feasibility Study following completion of Scoping Study • Feasibility Study results expected in CY2023 • Aim of reaching Final Investment Decision (FID) in CY2024 • Further Mineral Resource update in CY2023 incorporating additional ~3
Slide 19: Marble Bar Lithium Project (MBLP)
Marble Bar Lithium Project (MBLP) 19 DIGGERS &PRESENTATION INVESTOR | January 2023 DEALERS PRESENTATION | August 2022
Slide 20: Highly prospective geological setting
Marble Bar Lithium Project Highly prospective geological setting • Spodumene bearing pegmatite hosted in greenstone and granite contact Geology • Demonstrates similar geological settings to the Pilgangoora1 and Wodgina2 deposits • Inferred Mineral Resource of 18.0Mt @ 1.0% Li2O3 Archer Deposit • Exp
Slide 21: Results Demonstrate Upside Potential
Marble Bar Lithium Project Results Demonstrate Upside Potential Highest grade lithium assays delivered to date1 • Significant high-grade lithium assay results continue from drilling campaigns • 11m @ 1.42 Li2O and 62ppm Ta2O5 from 25m in MBRC02582 • 7m @ 1.82% Li2O and 66ppm Ta2O5 from 20m in MBRC03
Slide 22: Results Demonstrate Upside Potential
Marble Bar Lithium Project Results Demonstrate Upside Potential 1. Refer ASX release titled “GL1 DELIVERS TRANSFORMATIVE LITHIUM RESOURCE BASE”, 15 December 2022. 22 & DEALERS| PRESENTATION DIGGERSPresentation Investor February 2023 | August 2022
Slide 23: Building Momentum – Significant News Flow and Next Steps
Building Momentum – Significant News Flow and Next Steps Global Lithium Resources 2023 2024 2025 2026 • Exploration (MBLP & Manna) • Feasibility study (Manna) • Resource upgrades (MBLP & Manna) • Metallurgical test work (Manna) • Environmental / Native Title approvals (Manna) • Final Investment Deci
Slide 24: Slide 24
Slide 25: Contact Us
Contact Us RON MITCHELL au.linkedin.com/company/ Managing Director global-lithium-resources +61 8 6103 7488 info@globallithium.com.au @Global_Lithium VICTORIA HUMPHRIES Subscribe to our mailing list at: Media and Investor Relations globallithium.com.au +61 (0) 431 151 676 victoria@nwrcommunications.
Slide 26: ESG at Global Lithium
At the heart of our values ESG at Global Lithium THINK GLOBAL, ACT LOCAL THE MOST IMPORTANT THINGS WITH HELP FROM THE BEST This year we will begin our journey towards Global Lithium recently undertook a stakeholder Resources-industry sustainability specialists adoption of globally-recognised GRI and
Slide 27: Important Notice and Disclaimer
Important Notice and Disclaimer These presentation materials and the accompanying verbal presentation (together, the Presentation Materials) have been • are necessarily based upon a number of estimates and assumptions that, while considered reasonable by the prepared by Global Lithium Resources Limi
Slide 28: Global Lithium – Mineral Resources
Global Lithium – Mineral Resources Global Lithium – Mineral Resources Project Name Category Million Tonnes Li2O% Ta2O5 ppm (Mt) Marble Bar Indicated 3.8 0.97 53 Inferred 14.2 1.01 50 Subtotal 18.0 1.00 51 Manna Indicated 18.5 1.03 45 Inferred 14.2 0.97 43 Subtotal 32.7 1.00 44 Combined Total 50.7 1.
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