Liontown Limited · ASX:LTR
Liontown — Liontown Resources — Investor Presentation (October 2018)
23 slides from Liontown's investor presentation, Oct 23, 2018
Slide 1: An Australian Battery Metal Opportunity
For personal use only October 2018 A S X : LT R AN AUSTRALIAN BATTERY METAL OPPORTUNITY DEFINING LITHIUM AND VA N A D I U M R E S O U R C E S 1
Slide 2: Competent Person's Statement and Disclaimer
Competent Person’s Statement and Disclaimer For personal use only The Information in this report that relates to the Exploration Results for the Kathleen Valley Project is extracted from ASX announcements entitled “Shallow high-grade lithium mineralisation intersected in initial Phase 2 drill progra
Slide 3: Projects – Highlights and Milestones
PROJECTS – HIGHLIGHTS AND MILESTONES Kathleen Valley Lithium Project, Eastern Goldfields, Western Australia For personal use only • Maiden Mineral Resource: 21.2Mt @ 1.4% Li2O and 170ppm Ta2O5 Metallurgical results pending – initial feedback positive Scoping study due early Q1 2019 Buldania Lith
Slide 4: Kathleen Valley Lithium Project, Western Australia
For personal use only KATHLEEN VALLEY LITHIUM PROJECT WESTERN AUSTRALIA 4
Slide 5: A Significant New, High-Grade Lithium Discovery in a Tier-1 Mining Region
A SIGNIFICANT NEW, HIGH-GRADE LITHIUM DISCOVERY IN A TIER-1 MINING REGION For personal use only >20million tonne Lithium-Tantalum Mineral Resource Cut-off (Li2O %) Million Tonnes Li2O % Ta2O5 ppm Resource Category Million Tonnes Li2O % Ta2O5 ppm 0.3 21.2 1.37 166 Measured 3.2 1.3 190 0.4 21.2 1.37 1
Slide 6: Comparison of Grade and Tonnage
COMPARISON OF GRADE AND TONNAGE For personal use only *As at 17 October 2018 (Sourced from company websites) 6
Slide 7: Outcropping High Grade Mineralisation on Granted Mining Leases Close to Infrastructure
OUTCROPPING HIGH GRADE MINERALISATION ON GRANTED MINING LEASES CLOSE TO ESTABLISHED INFRASTRUCTURE For personal use only • Two mineralised pegmatite swarms – Kathleen’s Corner and Mt Mann • 18 mineralised pegmatites • Stacked and predominantly shallowly dipping (0-200) • Individually up to 20m thick
Slide 8: Kathleen Valley – A Large, Lithium Mineralised System
KATHLEEN VALLEY – A LARGE, LITHIUM MINERALISED SYSTEM For personal use only 8
Slide 9: Resource Remains Open Along Strike and at Depth
RESOURCE REMAINS OPEN ALONG STRIKE AND AT DEPTH – OUTSTANDING POTENTIAL FOR FURTHER GROWTH For personal use only 4m @ 1.5% Li2O • Kathleen’s Corner • Open along strike and at depth • Mt Mann • Open at depth • Newly discovered pegmatite intersected by a single drill hole • 4m @ 1.5% Li2O • Mineralise
Slide 10: Buldania Lithium Project, Western Australia
For personal use only BULDANIA LITHIUM PROJECT WESTERN AUSTRALIA 10
Slide 11: Buldania Is Strategically Located in a Lithium-Rich Mineral Province
BULDANIA IS STRATEGICALLY LOCATED IN A LITHIUM-RICH MINERAL PROVINCE Outcropping, fresh, spodumene-related For personal use only mineralisation Mineralisation at Anna extended to the SE under shallow cover – strike length >650m and open Phase 2 drilling program upgraded to resource drill out and exp
Slide 12: Large Lithium Mineralised Pegmatite Intersected at the Anna Prospect
LARGE LITHIUM (SPODUMENE) MINERALISED PEGMATITE INTERSECTED AT THE ANNA PROSPECT Mineralisation fresh from surface and open along strike and at depth For personal use only 13m @ 1.0% Li2O 41m @ 1.0% Li2O Section A incl. 5m @ 2.5% Li2O 25m @ 1.0% Li2O incl. 5m @ 2.0% Li2O 35m @ 1.2% Li2O incl. 18m @
Slide 13: Initial Drilling Discovers Wide Zones of Lithium Mineralisation at Anna
INITIAL DRILLING DISCOVERS WIDE ZONES OF LITHIUM MINERALISATION AT THE ANNA PEGMATITE For personal use only 15m @ 1.2% Li20 19m @ 0.7% Li20 incl. 4m @ 2.1% Li20 6m @ 1.0% Li20 36m @ 1.0% Li20 and 12m @ 1.3% Li20 14m @ 0.9% Li20 incl. 4m @ 1.6% Li20 58m @ 1.2% Li20 incl. 21m @ 1.6% Li20 13m @ 0.8% Li
Slide 14: Follow Up Drilling Extends Mineralisation at Anna to South East
FOLLOW UP DRILLING EXTENDS MINERALISATION AT ANNA TO SOUTH EAST – SYSTEM REMAINS OPEN For personal use only 3m @ 1.6% Li2O 2m @ 1.7% Li2O 13m @ 1.3% Li2O 5m @ 1.0% Li2O incl. 6m @ 1.5% Li2O 26m @ 1.0% Li2O 9m @ 1.0% Li2O incl. 9m @ 1.8% Li2O, incl. 5m @ 1.3% Li2O 12m @ 1.1% Li2O 35m @ 1.2% Li2O incl
Slide 15: Buldania Is Part of a Large Strategic Land Position Prospective for Lithium
BULDANIA IS PART OF A LARGE (~600km2) STRATEGIC LAND POSITION HIGHLY PROSPECTIVE FOR LITHIUM For personal use only NORCOTT PROJECT KILLALOE PROJECT • 377km2 area located 4km to the south and • 163km2 area located immediately north west along strike of the Buldania Project and along strike of the Bul
Slide 16: Toolebuc Vanadium Project, Queensland
For personal use only TOOLEBUC VANADIUM PROJECT QUEENSLAND 16
Slide 17: Maiden ~84Mt Vanadium Resource Confirms Significant Addition to Battery-Metal Portfolio
MAIDEN ~84MT VANADIUM RESOURCE CONFIRMS SIGNIFICANT ADDITION TO BATTERY-METAL PORTFOLIO For personal use only Inferred Mineral Resource estimate - ~84Mt @ 0.30% V2O5 Additional Exploration Target# of 100 –110Mt @ 0.28% to 0.32% V2O5 Low cost exposure to emerging energy–storage metal Project adjoins
Slide 18: Significant Exploration Upside Adjacent to Existing Resource
SIGNIFICANT EXPLORATION UPSIDE ADJACENT TO EXISTING RESOURCE (AND REGIONALLY) For personal use only 100-110 Mt @ 0.28-0.32% V 2O5 ~84Mt @ 0.3% V2O5 18
Slide 19: Vanadium Mineralisation Is Shallow, Soft and Close to Infrastructure
VANADIUM MINERALISATION IS SHALLOW (<20m), SOFT AND CLOSE TO INFRASTRUCTURE For personal use only • Located immediately east of the 671Mt Lilyvale Mineral Resource of Intermin Resources’ (ASX:IRC)* • 5km x 3km mineralised zone, open to the north and east • Grades and widths similar to Lilyvale Miner
Slide 20: Vanadium Is a Relative New Comer to the Battery Metals Space
VANADIUM IS A RELATIVE NEW COMER TO THE BATTERY METALS SPACE IN THE EMERGING LARGE SCALE ENERGY STORAGE INDUSTRY For personal use only VANADIUM PRICE ( WEEKLY), AUD$/ LB 22.00 300% increase in price since 20.00 2017 and tipped to be the 18.00 ‘metal to watch’ in 20181 16.00 14.00 Use and price under
Slide 21: Going Forward
GOING FORWARD Kathleen Valley Project For personal use only • Scoping Study (Q1 2019) Metallurgy Hydrology Optimisation/Engineering Studies Environmental Financial Modelling • Feasibility Study (Q3 2019) Buldania Project ALL PROJECTS ARE • Resource Estimation (Q1 2019) EITHER WHOLLY • Regi
Slide 22: A Proven, Experienced Team
A PROVEN, EXPERIENCED TEAM DAVID RICHARDS TIM GOYDER For personal use only Managing Director Chairman Former Senior Geologist - Battle +40 years experience, Executive Mountain (discovered multi-million Chairman – Chalice Gold Mines, ounce Vera Nancy gold deposits), Chairman – DevEx Resources, Region
Slide 23: For personal use only
For personal use only EMAIL WEBSITE: OFFICE PHONE NUMBER info@ltresources.com.au www.ltresources.com.au Level 2, 1292 Hay St 08 9322 7431 West Perth WA 6005 CONNECT https://au.linkedin.com/company/liontown-resources-limited https://twitter.com/LiontownRes 23
Liontown Resources — Investor Presentation (October 2018) on 6ix