Anson Resources Limited · ASX:ASN

Anson Resources — Argus LiCoNi 2018

16 slides from Anson Resources's conference presentation, Aug 29, 2018

1. Slide 1: Paradox Lithium Project: Fast Tracking to Production

   For personal use only Paradox Lithium Project: Fast Tracking to Production 28 August 2018 Presentation Argus LiCoNi 2018 Singapore Anson’s First Lithium Carbonate

2. Slide 2: Disclaimer

   Disclaimer The information contained in this confidential document ("Presentation") has been prepared by Anson Resources Limited (the "Company"). It has not been fully verified and is subject to material updating, revision and further amendment. The Information many not be distributed to others at a

3. Slide 3: Directors

   Directors For personal use only Bruce McLeod, B.Sc. (Maths), Bruce Richardson, B.A (Hons) - Peter (Greg) Knox B.Sc. (Geology) – Non M.Com (Econ) - Non Exec Chairman Managing Director Executive Director  Experienced public company director  Proven track record of 9 years in exploration, mining and

4. Slide 4: The Four Corners - A New Lithium Province

   The Four Corners - A New Lithium Province For personal use only  Multiple exploration companies in the 4 corners “New Lithium Province”: Moab, Utah, USA – long history of mining  Brines known to exist throughout the Paradox Basin which covers an area 33,000 square miles (85,470km2)  Historical re

5. Slide 5: Brine Project – Advantages: Prime Area and Location

   Paradox Brine Project – Advantages Prime Area and Location For personal use only  Total project area 893 claims covering 8,773 hectares of land.  Purchased oil/gas lease and well at Cane Creek 32-1  Applied for industrial lease at Cane Creek  Estimated an exploration target of between 65M tonnes

6. Slide 6: Brine Project – Advantages: Location

   Paradox Brine Project – Advantages • Location For personal use only  Utah, USA well regulated and managed operating environment  Tesla Gigafactory 11 hour drive Tesla Gigafactory  Close to market  15 km west of Moab providing a mining support service ASX: ASN 6

7. Slide 7: Brine Project – Advantages: Existing Infrastructure

   Paradox Brine Project – Advantages Existing Infrastructure For personal use only  Close proximity to key infrastructure:  Interstate Highway  Railway  Power Line  Gas Line ASX: ASN 7

8. Slide 8: Brine Project – Advantages: Artesian Flow

   Paradox Brine Project – Advantages Artesian Flow For personal use only  Comes to surface under own pressure  2000+ psi at surface  Temperature at surface 40 degrees  Assists in processing Highly Concentrated Supersaturated Brine  High concentrations of Bromine, Iodine and Magnesium  Lithium an

9. Slide 9: Lithium Project – JORC

   Paradox Lithium Project – JORC JORC Report Being Prepared For personal use only  Numerous existing wells available for further re-entry sampling  Approval provided for one new well and NOI being prepared for an additional new well  Third party wells being drilled may provide opportunity for addit

10. Slide 10: Test Work - Evaporation

    Test Work - Evaporation Feed Grade significantly higher after evaporation For personal use only Sample Li B Br Mg Na K Ca (ppm) (ppm) (ppm) (ppm) (ppm) (ppm) (ppm) Day 1 126 1,870 3,335 39,100 31,100 36,500 53,800 Day 28 986 12,400 11,500 1,860 3,810 282,000 Refer ASX release dated 17 July 2018. ASX

11. Slide 11: Preliminary Test Work Commenced: Outotec

    Preliminary Test Work Commenced Outotec – Precipitation/Solvent Extraction For personal use only Li, B, Br, I & Mg  High magnesium concentration reduced to less than 2 ppm from 39,100 ppm by precipitation  High calcium concentration reduced to less than 5 ppm from 53,800 ppm by precipitation (Mg 0

12. Slide 12: Preliminary Test Work Commenced: Lilac Solutions

    Preliminary Test Work Commenced Lilac Solutions – Adsorption Method Lithium For personal use only  This process extracts lithium only  Lithium extracted from brine using adsorption process  Patent process  Bench top test work has produce first lithium carbonate product  Can be incorporated into

13. Slide 13: Brine Project – Fast Track To Product

    Paradox Brine Project – Fast Track To Product Paradox Brine Project - On Track to Product Feb-18 Mar-18 Apr-18 May-18 Jun-18 July-18 Aug-18 Sep-18 Oct-18 Nov-18 Dec-18 Mar-19 Jun-19 Sep-19 Stage 2 For personal use only Acquisition of Cane Creek 32-1 Oil & Gas Well Sampling of Cane Creek for Li, B, B

14. Slide 14: Additional Projects – Western Australia

    Additional Projects – Western Australia For personal use only  Ajana – Graphite & Base Metals:  Lead Resource just upgraded to JORC 2012  Base metals and graphite:  31 VTEM targets to test  Soil anomalies throughout project area to be tested  470km north of Perth  Hooley Well Nickel & Cobalt:

15. Slide 15: Thank You

    Paradox Basin Project For personal use only Thank You ASX: ASN 15

16. Slide 16: Contact Details

    Contact Details For personal use only Bruce Richardson Managing Director E:brichardson@ansonresources.com T:+61 8 9226 0299 W:www.ansonresources.com twitter.com/anson_ir Linkedin.https://www.linkedin.com/company/13357337/ ASX: ASN 16

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