Core Lithium Ltd · ASX:CXO
Core Lithium — Core Exploration — RIU Conference Sydney & Melbourne 2017
22 slides from Core Lithium's conference presentation, Sep 26, 2017
Slide 1: Developing First Lithium Resource in NT
For personal use only Developing First Lithium Resource in NT RIU Conference Sydney & Melbourne September 2017 ASX code: CXO
Slide 2: Disclaimer
DISCLAIMER For personal use only 2 | LITHIUM | Sep 2017 | Core Exploration Ltd
Slide 3: Developing the first Lithium Resource in the NT
Developing the first Lithium Resource in the NT For personal use only • Core has established the first Lithium Resource in the NT near Darwin • Recent placement to Yahua - one of China’s largest lithium producers – and spodumene offtake agreement being negotiated • Development supported by arguably
Slide 4: Company Information
COMPANY INFORMATION For personal use only Shares Management Price A$ (22/09/2016) ~$0.05 Stephen Biggins – Managing Director ex SAU, IVR Shares on issue ~440M Greg English – Chairman Market cap (undil.) ~$22M AXE, LCK Cash (22/09/2017) ~$7M Heath Hellewell – Non-executive Director CMM, DKM, ex DRM E
Slide 5: ASX Lithium Sector
ASX LITHIUM SECTOR For personal use only COMPARATIVE MARKET CAP AVZ 5 | LITHIUM | Sep 2017 | Core Exploration Ltd
Slide 6: CXO First Lithium Resource in the NT
CXO FIRST LITHIUM RESOURCE IN THE NT For personal use only Core’s 2016 drilling discovered and in 2017 defined maiden Resource - 1.8Mt at 1.5% Li2O at Grants Grants Lithium Resource is one of the highest grade undeveloped lithium deposits in Australia Preliminary Mining Study shows strongly positive
Slide 7: Finniss and New Bynoe Lithium Projects
FINNISS AND NEW BYNOE LITHIUM PROJECTS : For personal use only Advanced Project with Large-Scale Upside Core’s dominant position in the Bynoe Pegmatite Field expanded by acquisition of Liontown’s adjacent Project, includes : • One of Australia's Highest Grade Lithium Resources • Large Area ~500km2 o
Slide 8: New Bynoe Lithium Project
NEW BYNOE LITHIUM PROJECT : New Bynoe ML close to high-grade Grants and BP33 For personal use only • Core has consolidated the best lithium projects in the NT by acquiring Liontown’s adjacent Bynoe Lithium Project • Bynoe complementary to Core’s Finniss Project as directly adjacent to Core’s high-gr
Slide 9: New Bynoe Lithium Project
NEW BYNOE LITHIUM PROJECT : For personal use only Widespread spodumene above 1% Li2O • Previous drilling has confirmed widespread spodumene related lithium mineralisation above 1% Li2O within the new Bynoe Project • Broad zones of ore grade already discovered at other prospects including Sandras pro
Slide 10: 2017 Lithium Exploration: Finniss
2017 LITHIUM EXPLORATION : FINNISS Drilling underway For personal use only • Exploration and aggressive drill programs in 2017 to target building a resource base to support a long-life lithium production operation • The 2016 program at the Finniss Project discovered some of the highest grade lithium
Slide 11: NT Lithium Exploration Projects
NT LITHIUM EXPLORATION PROJECTS For personal use only • Core continuing to expand and advance major discoveries on its strategic lithium projects in pegmatite provinces in the NT • Core has a dominant position in the NT Pegmatite Fields • Includes strong diversity of lithium projects with a range of
Slide 12: Barrow Creek and Anningie Pegmatites Expands NT Lithium Focus
BARROW CREEK AND ANNINGIE PEGMATITES EXPANDS NT LITHIUM FOCUS For personal use only Core has Large Granted Tenements Prospective for Lithium in Northern Arunta Pegmatite Province in NT • Barrow Creek is an early-stage look-alike to Core’s Finniss Lithium Project with a long history of tin and tantal
Slide 13: Development of Grants Resource Positive Mining Study
DEVELOPMENT OF GRANTS RESOURCE POSITIVE MINING STUDY For personal use only 13 | LITHIUM | Sep 2017 | Core Exploration Ltd
Slide 14: High Grade Lithium discovery drill results by Core at Grants
High Grade Lithium discovery drill results by Core at Grants in 2016/2017 For personal use only – 59m @ 1.45% Li2O from 79m, including 3m @ 2.12% Li2O (FRC031) – 38m @ 1.49% Li2O from 70m, including 3m @ 2.00% Li2O (FRC032) – 55m @ 1.42% Li2O from 66m, including 4m @ 2.18% Li2O (FRC033) – 43m @ 1.46
Slide 15: Core Drilling of Grants High Quality Spodumene
CORE DRILLING of GRANTS HIGH QUALITY SPODUMENE IN 2016/2017 For personal use only 15 | LITHIUM | Sep 2017 | Core Exploration Ltd
Slide 16: 6% Li2O Concentrate at >80% Recovery in Metallurgical Testwork
6% Li2O Concentrate at >80% Recovery in Metallurgical Testwork of DSO Spodumene For personal use only • Several potential processing routes identified to produce a spodumene concentrate product of 6% Li2O at recoveries of 80% or higher – Whole-of-Ore Flotation achieved excellent results with a conce
Slide 17: Grants DSO Infrastructure
GRANTS DSO INFRASTRUCTURE Substantial Infrastructure Advantages – Low Transport Costs For personal use only • Core’s Finniss Lithium Project has substantial infrastructure advantages • Potentially best logistics chain to China of any Australian Lithium Project • Bulk shipping costs of around US$10/t
Slide 18: Darwin Port Agreement
DARWIN PORT AGREEMENT Core has Agreement with Darwin Port to ship 1Mt/y of spodumene For personal use only • Heads of Agreement signed with Darwin Port in respect of potential export of lithium products from Grants • Agreement provides Core with capacity to export up to 1Mtpa of spodumene direct shi
Slide 19: Massive Expansion of Lithium Battery Making Capacity Underway
Massive Expansion of Lithium Battery Making Capacity Underway For personal use only • Global Boom in Lithium Battery Storage expected to continue long term • China, Europe and Global Car Manufacturers are considering phasing out combustion engine cars • Lithium-ion Batteries growth driven by Electri
Slide 20: Australia's First Lithium Battery Giga-Factory set for Darwin
Australia’s First Lithium Battery “Giga-Factory” set for Development in Darwin For personal use only • Energy Renaissance recently announced plans to build a lithium ion battery manufacturing plant in Darwin – Planned Annual production capacity of 1GWh - commencing 2018 • Builds on Darwin’s strategi
Slide 21: Developing the first Lithium Resource in the NT
Developing the first Lithium Resource in the NT For personal use only • Core has established the first Lithium Resource in the NT near Darwin • Recent placement to Yahua - one of China’s largest lithium producers – and spodumene offtake agreement being negotiated • Development supported by arguably
Slide 22: Competent Person Statement
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
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