Slide 1: NT Lithium Projects
For personal use only NT LITHIUM PROJECTS ASX code: CXO
Slide 2: Disclaimer
DISCLAIMER For personal use only 2 | LITHIUM potential | April 2016 | Core Exploration Ltd
Slide 3: Company Information
COMPANY INFORMATION For personal use only Shares Share price $0.06 Price A$ ~$0.035 $0.05 $0.04 Shares on issue 218M $0.03 Options 118M# $0.02 $0.01 Market cap (undil) ~$7M $‐ 01/2015 02/2015 03/2015 04/2015 05/2015 06/2015 07/2015 08/2015 09/2015 10/2015 11/2015 12/2015 01/2016 02/2016 03/2016 04/2
Slide 4: Lithium Demand
LITHIUM DEMAND For personal use only In early December 2015 lithium was trading at ~$10,000/t and by year end it was ~$14,000/t. The price of lithium has surged on the back of growing global demand for high-tech devices, storage batteries and electric cars. Both those commodities (lithium carbonate
Slide 5: Factors Driving Lithium Demand
FACTORS DRIVING LITHIUM DEMAND For personal use only An increasing switch to renewable energy sources. Fast-growing global middle class obtaining smart phones, laptops etc. Major companies planning for electrification of vehicles. Several new lithium-ion battery mega-factories are being developed. 5
Slide 6: Lithium Outlook
LITHIUM OUTLOOK For personal use only LITHIUM DEMAND BY APPLICATION Lithium-ion batteries driving demand Energy dense consumer batteries 20% annual growth since 2000 Currently 30% of global market Electric vehicles and E-bikes Currently 3% of global lithium market Growth acceleration expected from 2
Slide 7: ASX Lithium Sector Comparative Market Cap
ASX LITHIUM SECTOR For personal use only COMPARATIVE MARKET CAP 7 | LITHIUM potential | April 2016 | Core Exploration Ltd
Slide 8: Finniss Lithium Project and Mine: Evaluating Pegmatite Mines for Lithium Development Potential
FINNISS LITHIUM PROJECT AND MINE: For personal use only EVALUTING PEGMATITE MINES FOR LITHIUM DEVELOPMENT POTENTIAL All of Australia’s economic resources of lithium are hard- rock pegmatite deposits The world largest lithium deposit is the Greenbushes tin- tantalum-lithium pegmatite mine in WA Core
Slide 9: Mt Finniss Pegmatite Mine, NT v Greenbushes Pegmatite Mine, WA
MT FINNISS PEGMATITE MINE, NT v For personal use only GREENBUSHES PEGMATITE MINE, WA Mt Finniss Mine, NT – the largest tin tantalum mine in the NT (100% CXO) -Tin production at Mt Finniss started in the 1880’s -Early production from alluvials and then from primary pegmatites -Tantalum production sta
Slide 10: Finniss Lithium Project, NT
FINNISS LITHIUM PROJECT, NT For personal use only Finniss Lithium Project in the NT • Core holds large project tenure covers 200km2 in the lithium rich Bynoe Pegmatite Field • The Bynoe tin-tantalum-lithium field is one of the most prospective areas for lithium in the NT and has many similarities to
Slide 11: Mt Finniss Mine
MT FINNISS MINE For personal use only Mt Finniss Mine - the largest historically producing tin and tantalum pegmatite mine in the NT • ~100 years of mining history • Underground, open cut and shallow workings and dumps over a 400 x 500m area • Pegmatites up to 80m wide • Five zones : grading from a
Slide 12: Finniss Lithium Project
FINNISS LITHIUM PROJECT For personal use only Core to add another 25 historic pegmatite mines Core recently entered agreement to acquire EL covering 25 historic mines • Majority of the known deposits and pegmatites discovered by prospectors in the early 1900’s or by Greenbushes Ltd in the 1980’s foc
Slide 13: CXO Dominant Position in NT Pegmatites
CXO DOMINANT POSITION IN NT PEGMATITES For personal use only Core has strong position in major Pegmatite Provinces in the NT : Pine Finniss Creek and North Arunta • Building on Core’s expertise and experience in the NT and Core has identified and positioned the Company in pegmatite fields highly pro
Slide 14: Anningie and Barrow Creek Pegmatites Recently Expands Lithium Focus
ANNINGIE AND BARROW CREEK PEGMATITES For personal use only RECENTLY EXPANDS LITHIUM FOCUS Core’s lithium projects cover a large proportion of NT pegmatite production • 2,500 sq km of lithium prospective tenements in the Anningie and Barrow Creek pegmatite fields near TNG’s Mt Peake • Spodumene, elba
Slide 15: Also Existing Tenure in Harts Range and Mt Riddock Pegmatites in the Arunta
ALSO EXISTING TENURE IN HARTS RANGE AND MT RIDDOCK For personal use only PEGMATITES IN THE ARUNTA 15 | LITHIUM potential | April 2016 | Core Exploration Ltd
Slide 16: Why Invest in CXO
WHY INVEST IN CXO For personal use only Largest tin tantalum pegmatite mine in the NT and strong tenement portfolio of lithium-rich pegmatites • Lithium : surging demand and tight supply • CXO’s EV of ~$7M is currently multiples below peer ASX lithium explorer valuations (refer slide 7) • CXO’s Finn
Slide 17: For personal use only
For personal use only The information in this report that relates to Exploration Results and Mineral Resources is based on information compiled by Stephen Biggins (BSc(Hons)Geol, MBA) as Managing Director of Core Exploration Ltd who is a member of the Australasian Institute of Mining and Metallurgy