Global Lithium Resources Ltd. · ASX:GL1
Global Lithium Resources — NWR Resources Lunch Series (November 2023)
26 slides from Global Lithium Resources's conference presentation, Nov 9, 2023
Slide 1: The Manna Lithium Project - Building a Lithium Company
THE For personal use only MANNA LITHIUM PROJECT Building a Lithium Company Ron Mitchell – Managing Director November 2023 ASX:GL1 1
Slide 2: Important Notice and Disclaimer
Important Notice and Disclaimer These presentation materials and the accompanying verbal presentation (together, the Presentation Materials) have been • involve known and unknown risks and uncertainties that could cause actual events or results to differ materially from estimated prepared by Global
Slide 3: Corporate People Culture
For personal use only CORPORATE PEOPLE CULTURE 3
Slide 4: Strategic Highlights – Why Invest & Partner?
Strategic Highlights – Why Invest & Partner? For personal use only Multi-asset development JORC compliant Tier 1 optionality resources Jurisdiction • Combined Mineral Resource of • Wholly owns 2 of only 14 JORC • Located in World’s best mining 54Mt @ 1.09% Li2O compliant lithium resources in jurisdi
Slide 5: GL1 Corporate Snapshot (8 November 2023)
GL1 Corporate Snapshot (8 November 2023) ASX share price performance Millions 8 $3.5 Market Cap Share Price Shares on issue 7 $3.0 For personal use only 6 A$332m A$1.23 259.86m $2.5 Share Price (A$) Volume (m) 5 $2.0 4 $1.5 Options1 Cash2 Equity in ASX:KAI2&3 3 $1.0 2 12.68m A$53m $4.4m (10%) $0.5 1
Slide 6: The Board
The Board For personal use only Geoff Ron Dr Dianmin Hayley Greg Kevin Jones Mitchell Chen Lawrance Lilleyman Hart Non-Executive Chair Managing Director Non-Executive Director Non-Executive Director Non-Executive Director Company Secretary Current CEO of MACA Current Chair of the LME Founder of Glob
Slide 7: Growth and Development
Growth and Development For personal use only Growing Team Drives Company Development 1. Board Corporate & Finance 2. Exploration Project Development 3. Approvals 4. Corporate & Finance 5. Project Development Exploration Approvals The Board 7
Slide 8: Resource Exploration Growth
For personal use only RESOURCE EXPLORATION GROWTH 8
Slide 9: Manna Lithium Project
Manna Lithium Project For personal use only Geology Manna Deposit • Outcropping spodumene • 100% ownership1 bearing pegmatite • Mineral Resource Estimate of • High grade individual pegmatite 36Mt @ 1.13% Li2O2 dykes +20m wide Significant Upside Infrastructure Rich • Exploration upside with • The wor
Slide 10: World Class Location
World Class Location For personal use only Major Mines & City of Kalgoorlie- Trans Australian Projects Boulder Railway Access Road High-speed Data Utilities 10
Slide 11: Manna Exploration Upside
Manna Exploration Upside • Two years of intensive exploration: For personal use only – CY2022 – 46,000m – CY2023 – 50,000m program underway • Current MRE (36.0Mt @ 1.13%) based on 47,600m of historical and CY2022 drilling • Updated MRE anticipated following CY23 program • Infill drilling to increase
Slide 12: Further High-Grade Drilling Results
Further High-Grade Drilling Results Resource Expansion Drilling Extends Strike at Manna For personal use only • Further ~500m mineralised strike added to the North-eastern extension1 • Infill drilling intersecting high-grade spodumene bearing pegmatites • Over 25,000m of the planned 50,000m program
Slide 13: Definitive Feasibility Study
Definitive Feasibility Study • DFS results expected in H1 CY24 For personal use only • Final Investment Decision (FID) expected in CY24 • Further Mineral Resource updates to follow incorporating additional +50,000m of drilling • Bulk metallurgical and ore variability test work underway • Various wor
Slide 14: Favourable Metallurgy
Favourable Metallurgy Ore Sorting Trials Deliver 90% Increase in For personal use only Lithium Grade1 • Excellent visual control between ore (white) and waste (black) Test run elevated head grade from 0.88% Li2O to 1.67% Li2O • Iron reduction of 93% to 0.4% Fe • Potential to expand total minable ton
Slide 15: Native Title Approvals Process on Track
Native Title Approvals Process on Track For personal use only Land Access Heritage Surveys Native Title Land Access Agreement for Heritage surveys across the Native Title Mining Agreement to support Exploration executed with entire mining lease area completed Final Investment Decision and project Ka
Slide 16: Mining Lease Application
Mining Lease Application • Mining Lease application (MLA 28/414) lodged with Department For personal use only of Mines, Industry Regulation and Safety (DMIRS) • 13km north of Trans Australian Railway • Area of Mining Lease covers 2,406 hectares which includes: – Manna deposit and potential resource
Slide 17: Manna Milestones
For personal use only MANNA MILESTONES 17
Slide 18: Key Milestones
Key Milestones For personal use only Global Lithium Resources CY24 CY25 CY26 Exploration Metallurgy, Ore Reserve & SOC PFS DFS for Spodumene Concentrate Customer Offtake & Funding Strategy Mineral Resource Upgrade Environmental / Native Title Approvals Spodumene Concentrate Final Investment Decision
Slide 19: Community
For personal use only Community 19
Slide 20: Marble Bar Lithium Project
MARBLE BAR For personal use only LITHIUM PROJECT • 100% owned project • Tier 1 mining jurisdiction • Inferred Mineral Resource of 18.0Mt @ 1% Li2O 20
Slide 21: Highly Prospective Geological Setting
Highly Prospective Geological Setting For personal use only Geology Resource • Spodumene bearing pegmatite • Inferred Mineral Resource of hosted in greenstone and 18.0Mt @ 1.0% Li2O3 granite contact • Lithium mineralisation in drilling • Similar geological settings to identified over 15km nearby Pil
Slide 22: Another Critical Mineral Discovery: Cardunia Rocks REE Project
For personal use only ANOTHER CRITICAL MINERAL DISCOVERY CARDUNIA ROCKS REE PROJECT 22
Slide 23: REE Discovery
REE Discovery Discovery named Cardunia Rocks For personal use only REE Project1 • Bedrock Rare Earth Elements (REE) hosting mineralised system discovered adjacent to Manna Project Area • High-grade assay result of 24.17% Total Rare Earth Element Oxide (TREO) • Standout drilling results occur over a
Slide 24: Global Lithium – Mineral Resources
Global Lithium – Mineral Resources For personal use only Project Name Category Million Tonnes (Mt) Li2O% Ta2O5 ppm Marble Bar Indicated 3.8 0.97 53 Inferred 14.2 1.01 50 Subtotal 18.0 1.00 51 Manna Indicated 20.2 1.12 56 Inferred 15.8 1.14 52 Subtotal 36.0 1.13 54 Combined Total 54.0 1.09 53 1 Refer
Slide 25: GL1 Purpose & Values
GL1 Purpose & Values – It’s who we are that matters For personal use only OUR PURPOSE OUR VALUES Empowering people to power the planet SAFETY INNOVATION The standard you walk past is the We empower people to innovate People | Power | Planet standard you accept. for the better. OWN IT TEAMWORK We do
Slide 26: Contact Us
Contact Us For personal use only RON MITCHELL au.linkedin.com/company/ Managing Director global-lithium-resources +61 8 6103 7488 info@globallithium.com.au @Global_Lithium BEN CREAGH Subscribe to our mailing list at: Media and Investor Relations globallithium.com.au +61 (0) 417 464 233 benc@nwrcommu
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