Lake Resources N.l. · ASX:LKE
Lake Resources N.l — XII International Seminar on Lithium in the South American Region 2023
23 slides from Lake Resources N.l's conference presentation, Aug 10, 2023
Slide 1: Lake Resources to Present at The XII International Seminar on Lithium
10 August 2023 Lake Resources to Present at The XII International Seminar on Lithium on August 10th, 2023 Executives to Provide Details on Flagship Kachi Project at Leading Lithium Industry Event Held in Salta, Argentina Lake Resources NL (ASX: LKE; OTC: LLKKF) (Lake) announces that company executiv
Slide 2: About Lake Resources NL
About Lake Resources NL Lake Resources NL (ASX:LKE) (OTCMKTS:LLKKF) is a clean lithium developer utilising state- of-the-art ion exchange extraction technology for production of sustainable, high purity lithium from its flagship Kachi Project in Catamarca Province within the Lithium Triangle in Arge
Slide 3: Kachi Reset & Update
Kachi Reset & Update For personal use only August 10, 2023
Slide 4: Disclaimer
2 Disclaimer General Statement and Cautionary Statement For personal use only This presentation has been prepared by Lake Resources N.L (Lake) for information purposes and meetings with sophisticated and professional investors, institutional investors and brokers and not any particular party. The in
Slide 5: Company Overview
Company Overview Lake Resources NL (ASX:LKE; OTC:LLKKF) is a responsible developer of lithium For personal use only from its flagship Kachi Project, in the Catamarca Province of Argentina, in addition to owning three other lithium brine assets in Argentina. We have an OUR VISION international team w
Slide 6: Presenters: Amalia Saenz and Christian Vega
For personal use only Amalia Saenz Christian Vega SVP, Country Manager Hydrogeology & Argentina Manager at Kachi Corporate Affairs 4
Slide 7: Argentina’s Significant Lithium Assets
Argentina’s Significant Lithium Assets Kachi – Lake’s Flagship Project For personal use only § Located in Catamarca region, within the Lithium Triangle which holds ~56% of the world’s lithium reserves1 § Government is committed to speedily developing the country’s lithium resources, with investments
Slide 8: For personal use only
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Slide 9: Strong Community Engagement
Strong Community Engagement Building a strong relationship with surrounding communities For personal use only § Daily work to maintain and monitor Lake’s Social License to Operate § Committed to ensuring our people and our project are understood and accepted by all members of the communities in whic
Slide 10: Project Kachi: A New, Phased Approach
For personal use only Project Kachi A New, Phased Approach 8
Slide 11: Project Concept Reset
Project Concept Reset Track record of achievement over nine months For personal use only Notes: 1. DLE = Direct Lithium Extraction 2. Refer to ASX announcement dated 11 January 2023 3. Refer to ASX announcement dated 12 January 2023 4. Refer to ASX announcement dated 12 January 2023 5. Refer to ASX
Slide 12: Project Concept Reassessment & Validation
10 Project Concept Reassessment & Validation Phased development to target Outcome of Preliminary Assessment plant capacity of 50,0001 tpa For personal use only Gaps identified in the following areas § Power supply and demand battery grade lithium § Resource knowledge and reservoir performance § Logi
Slide 13: New Path to First Lithium
New Path to First Lithium New Production Plan: Two Phases to 50Ktpa Target Capacity1 For personal use only Planned modular plant expansion (Ktpa LCE) Production Plan New Plan Old Plan 50 Fastest path to first lithium production P O 40 Phased multi-train approach de-risks project execution “design-1-
Slide 14: Kachi Development Timeline
Kachi Development Timeline Key Milestones Targeted Timeline 2023 2024 2025 2026 2027 2028 2029 2030 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 For personal use only Bankable DFS Completion for Phase 1 (25Ktpa) Dec. 2023 Phase 1 EIA Submission Q1 2024
Slide 15: Phased Approach Reduces Risk And Unlocks Value
Phased Approach Reduces Risk And Unlocks Value 3-year ramp up to 50ktpa Target Capacity by 2030 For personal use only Phase 1 50 ktpa Phase 2 Capacity Available 37.5 ktpa Capacity Available 25 ktpa 12.5 ktpa Capacity Available Capacity Available 2027 2028 2029 2030 2031+ Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q
Slide 16: Significant Resource Growth
Significant Resource Growth True Scale of Resource expansion to 8.1 million tonnes LCE For personal use only from January 2023 update: Deposit is Emerging § Measured resource has increased ~37% from 1.6 to 2.2 million tonnes LCE Resources in Million Tonnes LCE § Indicated resource has increased ~24%
Slide 17: Additional Lithium Discovery
Additional Lithium Discovery New brine found north and south of For personal use only previously measured resource § 283 mg/L at K22 in northern expansion area § 219 mg/L at K21 in southern expansion area § K21 is shallow and may have better grades at depth § Infilling necessary for higher confidenc
Slide 18: Successful Extraction and Reinjection
Successful Extraction and Reinjection Demonstrated extraction and reinjection in the resource area For personal use only KB Water storage (Injection Point) between wells § Tested upper reservoir § High reservoir permeability § Extrapolates to high well production rates (~65 liters per second) Indica
Slide 19: DLE Process Proven
DLE Process Proven Major Milestones Achieved in Process flow sheet proven from brine Kachi Demonstration Plant using to battery grade lithium carbonate For personal use only Lilac DLE Technology § DLE demonstration plant continuously operational for more than 2,500 hours with 90% uptime § Highly sel
Slide 20: Project Kachi: Next Steps
For personal use only Project Kachi Next Steps 18
Slide 21: Next Six Months
Next Six Months § Completion of DFS Field Test Work (end of pumping) For personal use only Reservoir § Complete Groundwater Model Lithium Carbonate Demo Plant § Completion of demo plant test work EPCM § Select FEED / EPCM Contract Partner Bankable DFS § DFS for Phase 1 Complete Power § Power solutio
Slide 22: Positioned for Success
Positioned for Success Credible, Achievable and De-risked For personal use only § Potential resource expansion to 8.2 million tonnes LCE § ~40% increase in Measured and Indicated Resource and 67% increase in Inferred Significant Resource Resource Growth § Higher lithium grades from new discoveries §
Slide 23: Thank you!
For personal use only Thank you!
Lake Resources N.L. — XII International Seminar on Lithium in the South American Region 2023 on 6ix