Global Lithium Resources Ltd. · ASX:GL1
Global Lithium Resources — Investor Presentation (February 2023)
31 slides from Global Lithium Resources's investor presentation, Feb 20, 2023
Slide 1: Investor Roadshow
For personal use only INVESTOR ROADSHOW Global Lithium Resources Advanced Exploration and Development February 2023 | ASX: GL1
Slide 2: Important Notice and Disclaimer
Important Notice and Disclaimer For personal use only These presentation materials and the accompanying verbal presentation (together, the Presentation Materials) have been • are necessarily based upon a number of estimates and assumptions that, while considered reasonable by the prepared by Global
Slide 3: GL1 Purpose & Values
GL1 Purpose & Values For personal use only Empowering people to power the planet People | Power | Planet SAFETY INNOVATION The standard you walk past is the We empower people to innovate standard you accept. for the better. OWN IT TEAMWORK We do what we say we will do. We all win when we work togeth
Slide 4: Global Lithium – Our Story
Global Lithium – Our Story For personal use only Marble Bar Primary School visit to the GL1 office – November 2022. 4 Investor Presentation | February 2023
Slide 5: Global Lithium on a page
Global Lithium on a page For personal use only ▪ Combined Mineral Resource of 50.7Mt @ 1.0% Li2O Multi-asset ▪ Two highly prospective Projects at similar stages provides significant optionality around development optionality development and funding alternatives Marble Bar Lithium Project ▪ Global Li
Slide 6: Board
Board For personal use only Warrick Hazeldine Dr Dianmin Chen Non-Executive Chair Non-Executive Director Co-founder & NED of Cannings Purple; Non-Executive Chair ChemX Founder of Global Lithium; 35 years' experience in metals (ASX:CMX), 20 years capital markets experience with a key focus on mining
Slide 7: Management
Management For personal use only Dr Tony Chamberlain Simon Corrigan Project Director Approvals and Corporate Affairs Advisor PhD in metallurgy with +25 years experience in the resources industry More than 20 years of experience in approvals, government including several battery and new world metals
Slide 8: GL1 Snapshot
Oct & Nov 2022 Dec 2022 Acquisition of the remaining 20% of 50.7Mt lithium resource GL1 Snapshot Mar 2022 Mineral Resources Ltd becomes Manna from Breaker for A$60m Raised A$111.4m via institutional placement and A$10m from a SPP base delivered Scoping study commences for the cornerstone investor in
Slide 9: Western Australia: World's Best Jurisdiction
Western Australia World’s Best Jurisdiction Why WA Spodumene? For personal use only o WA spodumene is proven as the preferred raw material for lithium WA iron ore Built the new world chemical production WA lithium will Power the new world WA lithium leads global supply in o WA has a peerless ecosyst
Slide 10: Mineral Resource Upgrade
Mineral Resource Upgrade TRANSFORMATIVE 50.7MT RESOURCE BASE For personal use only 148% Resource Increase Achieved at WA Hard-Rock Lithium Projects – Manna and Marble Bar1 • 230% increase in Manna Lithium Project’s Mineral Resource to 32.7Mt @ 1.0% Li2O • 71% increase in Marble Bar Lithium Project’s
Slide 11: Strategic Investors
Strategic Investors Mineral Resources Limited Suzhou TA&A For personal use only Access to downstream lithium expertise PORT HEDLAND Access to upstream lithium expertise MLBP • Mineral Resources and Suzhou TA&A each have a MARBLE BAR 9.7% interest in GL1 following the $111.5m Institutional Wodgina Pl
Slide 12: Manna Lithium Project
For personal use only Manna Lithium Project 12 INVESTOR PRESENTATION | October 2022
Slide 13: Manna Lithium Project
Manna Lithium Project For personal use only • Outcropping spodumene bearing pegmatite Geology • Individual pegmatite dykes +20m wide • 100% ownership acquired1 Manna Deposit • Mineral Resource Estimate of 32.7Mt @ 1.0% Li2O2 • Significant exploration upside with resource open at depth and to the NE
Slide 14: Thick Pegmatite Widths Over an Outcropping Strike of +1,500m
Manna Lithium Project Thick Pegmatite Widths Over an Outcropping Strike of +1,500m For personal use only 1. Refer ASX release titled “POSITIVE DRILLING RESULTS AT MANNA UNDERPIN POTENTIAL FUTURE RESOURCE UPGRADE”, 31 January 2023. 2. Refer ASX release titled “GLOBAL LITHIUM TO PROGRESS THE MANNA LIT
Slide 15: Scoping Study Project Fly Through
Manna Lithium Project Scoping Study Project Fly Through For personal use only 15 & DEALERS| PRESENTATION DIGGERSPresentation Investor February 2023 | August 2022
Slide 16: Robust Scoping Study Results
Manna Lithium Project Robust Scoping Study Results For personal use only Study Sets Foundation for Feasibility Study • Scoping Study completed with MinSol Engineering undertaking study in conjunction with GL11 • MinSol defined process and non-process infrastructure requirements, as well as capital a
Slide 17: Robust Scoping Study Results at Manna
Robust Scoping Study Results at Manna For personal use only A$2.8 Billion 10 Year 2Mtpa & 221ktpa 32.7Mt at 1% Li20 Robust pre-tax NPV8% Life of Mine ROM & SC5.5 Nameplate Mineral Resource Estimate 15 Month Payback US$688/t & $419M 103% 100% ownership after first production LOM cash OPEX & CAPEX IRR
Slide 18: Robust Scoping Study Results: NPV Sensitivities
Manna Lithium Project Robust Scoping Study Results For personal use only Base Case NPV8% $2,775M1 Exchange Rate (AUD:USD) +/-20% 2,008 3,925 SC5.5 Price +/-20% 1,855 3,695 Recovery +/-10% 2,330 3,220 ROM grade +/-10% 2,330 3,220 Discount Rate (5-10%) 2,449 3,372 Capital cost -10%, +20% 2,694 2,815 P
Slide 19: Feasibility Study Focus Areas
Manna Lithium Project Feasibility Study Focus Areas For personal use only GL1 will focus efforts across key Scoping Study optimisation areas during the Feasibility Study • Ore Sorting Technology o Testing of optical, spectral and XRT ore sorting technology to improve mining and processing feed assum
Slide 20: Feasibility Study Focus Areas
Manna Lithium Project Feasibility Study Focus Areas For personal use only GL1 will focus efforts across key Scoping Study optimisation areas during the Feasibility Study • Mining Assumptions: o Assessing the pit shell optimisation economics that support the underlying mining assumptions of the Scopi
Slide 21: Next steps: Feasibility Study
Manna Lithium Project Next steps: Feasibility Study For personal use only GL1 commences Feasibility Study following completion of Scoping Study • Feasibility Study results expected in Q4 CY2023 • Aim of reaching Final Investment Decision (FID) in CY2024 • Further Mineral Resource update in CY2023 in
Slide 22: Marble Bar Lithium Project (MBLP)
For personal use only Marble Bar Lithium Project (MBLP) 22 DIGGERS &PRESENTATION INVESTOR | January 2023 DEALERS PRESENTATION | August 2022
Slide 23: Marble Bar Lithium Project
Marble Bar Lithium Project Highly prospective geological setting For personal use only • Spodumene bearing pegmatite hosted in greenstone and granite contact Geology • Demonstrates similar geological settings to the Pilgangoora1 and Wodgina2 deposits • Inferred Mineral Resource of 18.0Mt @ 1.0% Li2O
Slide 24: Results Demonstrate Upside Potential
Marble Bar Lithium Project Results Demonstrate Upside Potential For personal use only Highest grade lithium assays delivered to date1 • Significant high-grade lithium assay results continue from drilling campaigns • 11m @ 1.42 Li2O and 62ppm Ta2O5 from 25m in MBRC02582 • 7m @ 1.82% Li2O and 66ppm Ta
Slide 25: Results Demonstrate Upside Potential
Marble Bar Lithium Project Results Demonstrate Upside Potential For personal use only 1. Refer ASX release titled “GL1 DELIVERS TRANSFORMATIVE LITHIUM RESOURCE BASE”, 15 December 2022. 25 & DEALERS| PRESENTATION DIGGERSPresentation Investor February 2023 | August 2022
Slide 26: Building Momentum – Significant News Flow and Next Steps
Building Momentum – Significant News Flow and Next Steps For personal use only Global Lithium Resources 2023 2024 2025 2026 • Exploration (MBLP & Manna) • Feasibility study (Manna) • Resource upgrades (MBLP & Manna) • Metallurgical test work (Manna) • Environmental / Native Title approvals (Manna) •
Slide 27: ESG at Global Lithium
At the heart of our values ESG at Global Lithium For personal use only THINK GLOBAL, ACT LOCAL THE MOST IMPORTANT THINGS WITH HELP FROM THE BEST This year we will begin our journey towards Global Lithium recently undertook a stakeholder Resources-industry sustainability specialists adoption of globa
Slide 28: ESG at Global Lithium: Achievements
At the heart of our values ESG at Global Lithium For personal use only ACHIEVEMENTS • ESG project team in place • Engaged specialist ESG consultants Futureproof Sustainability roadmap produced • Materiality assessment completed Case study: Marble Bar • Appointment of Community Relations Manager Comm
Slide 29: For personal use only
For personal use only
Slide 30: Contact Us
For personal use only Contact Us RON MITCHELL au.linkedin.com/company/ Managing Director global-lithium-resources +61 8 6103 7488 info@globallithium.com.au @Global_Lithium VICTORIA HUMPHRIES Subscribe to our mailing list at: Media and Investor Relations globallithium.com.au +61 (0) 431 151 676 victo
Slide 31: Global Lithium – Mineral Resources
Global Lithium – Mineral Resources Global Lithium – Mineral Resources For personal use only Project Name Category Million Tonnes Li2O% Ta2O5 ppm (Mt) Marble Bar Indicated 3.8 0.97 53 Inferred 14.2 1.01 50 Subtotal 18.0 1.00 51 Manna Indicated 18.5 1.03 45 Inferred 14.2 0.97 43 Subtotal 32.7 1.00 44
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