Liontown Limited · ASX:LTR
Liontown — Liontown Resources — Investor Presentation (March 2016)
24 slides from Liontown's investor presentation, Mar 14, 2016
Slide 1: March 2016 Investor Presentation
For personal use only March 2016 Investor Presentation Leveraged exposure to high-grade lithium exploration
Slide 2: Disclaimer
Disclaimer Competent Person’s Statement and Disclaimer: For personal use only • The Information in this presentation that relates to Exploration Results for the Bynoe Project is extracted from ASX announcement entitled “New acquisition expands Liontown’s Northern Territory portfolio: 56 lithium pros
Slide 3: Corporate Overview
Corporate Overview For personal use only ASX Code LTR Board of Directors Shares on Issue ~583 million TIM GOYDER – Non-Executive Chairman +30 years experience, MD – Chalice Gold, Chairman – Uranium Equities Market Capitalisation ~$9.9 million (at 1.7cps) DAVID RICHARDS – Managing Director +30 years
Slide 4: Investment Highlights
Investment Highlights • Bynoe Lithium-Tantalum Project (Northern Territory) For personal use only • Rights to 100% (acquired February/March 2016) • ~80km2 tenement package near Darwin containing an extensive pegmatite field with lithium mineralisation reported from a number of prospects • Drill read
Slide 5: Key Projects
Key Projects Bynoe (NT, Australia) For personal use only • Acquired February 2016 • >50 pegmatites identified • Spodumene mineralisation confirmed Mohanga (Tanzania) • Acquired November 2015 • Significant greenfields pegmatite field • High-grade lithium and tantalum from initial sampling Jubilee Ree
Slide 6: Bynoe Lithium-Tantalum Project
Bynoe Lithium-Tantalum Project • Second lithium-prospective project acquired in For personal use only February 2016 • Comprises ~80km2 tenement package near Darwin, Northern Territory – good infrastructure • Historical exploration (Greenbushes/Talison) and NTGS mapping has identified >50 pegmatites
Slide 7: Bynoe Lithium-Tantalum Project
Bynoe Lithium-Tantalum Project Previous exploration for lithium limited and ineffective For personal use only 11 large, lithium-prospective pegmatite targets defined including: • Hang Gong - >390m long, up to 60m wide at surface Weathered spodumene observed • Lees – 10 to 20m thick, flat lying peg
Slide 8: Bynoe Lithium-Tantalum Project/Hang Gong
Bynoe Lithium-Tantalum Project/Hang Gong For personal use only • High grade Sn/Ta mineralisation from 1995 Greenbushes RC drilling* Weathered spodumene 2m @ 1.6% Sn, 0.06% Ta2O5, 11m @ 7.3% Sn, 0.27% Ta2O5, 3m @ 2.5% Sn, 0.17% Ta2O5 * See Appendix 1 for full drill hole listing 8 Multi-commodit
Slide 9: Bynoe Lithium-Tantalum Project
Bynoe Lithium-Tantalum Project For personal use only • Previous drilling and mapping indicate pegmatites with dimensions to host significant lithium deposits • Drill ready 9 Initial drill targets defined; potential to be unlocked
Slide 10: Bynoe Lithium-Tantalum Project Summary
Bynoe Lithium-Tantalum Project Summary For personal use only • Liontown’s land position covers central part of Bynoe pegmatite field* • Initial reconnaissance confirms spodumene mineralisation • 11 large pegmatites identified by early data review – potential for more • Good infrastructure • Next ste
Slide 11: Key Projects
Key Projects Mohanga (Tanzania) For personal use only • Acquired November 2015 • Significant greenfields pegmatite field • High-grade lithium and tantalum from initial sampling (up to 4.93% Li2O, 0.19% Ta2O5) Bynoe (NT, Australia) • Acquired February 2016 • >50 pegmatites identified • Spodumene mine
Slide 12: Mohanga Lithium Project
Mohanga Lithium Project • Rights to contiguous ~180km2 ground package For personal use only • Opportunity identified as a result of Liontown’s +5 years experience operating in Tanzania (see Appendix 2 for country overview) • Located in central Tanzania, ~40km N of the capital Dodoma • Virtually no m
Slide 13: A World-Class Address
A World-Class Address • South-eastern portion of Archaean Tanzanian For personal use only Craton, 500km from main gold fields Jubilee Reef • High gold endowment in the north – analogous to Eastern Goldfields, Western Australia • Virtually unexplored for other commodities, Mohanga despite historical
Slide 14: Mohanga – Phase Trenching
Mohanga – Phase 1 Trenching For personal use only Ipata Trenching 14
Slide 15: Mohanga: High-grade Trenching Results
Mohanga: High-grade Trenching Results For personal use only Ipata Prospect: • MOHTR001: 4.1m @ 4.93% Li2O and 1,862ppm Ta2O5 • MOHTR002: 2.3m @ 1.79% Li2O and 712ppm Ta2O5 • Interpreted to define a continuous zone, open along strike and at depth Tresor Prospect: • MOHTR007: 22.5m @ 192ppm Ta2O5 incl
Slide 16: Mohanga – The Next Steps
Mohanga – The Next Steps For personal use only • Define lithium/tantalum trends that warrant drill testing – initial, wide-spaced soil sampling completed (~350 assays pending) • Emphasis on identifying spodumene mineralisation, a primary hard rock source of lithium globally. • Upcoming work will com
Slide 17: Why Lithium?
Why Lithium? • Fundamentals aligned For personal use only • Supply shortfall due to lithium batteries • Already seen in actual price performance with high prices forecast to continue • An increasingly critical metal “Amid a surge in demand for rechargeable batteries, companies are scrambling for 17
Slide 18: Key Projects
Key Projects Mohanga (Tanzania) For personal use only • Acquired November 2015 • Significant greenfields pegmatite field • High-grade lithium and tantalum from initial sampling Bynoe (NT, Australia) • Acquired February 2016 • >50 pegmatites identified • Spodumene mineralisation confirmed Jubilee Ree
Slide 19: Jubilee Reef – Inferred Resources (2012 JORC)
Jubilee Reef – Inferred Resources (2012 JORC) Total For personal use only • Inferred - ~8.5Mt @ 1.4g/t gold • ~390,000oz • 0.7g/t gold lower cut • JORC 2012 Simba – 3D view of mineralised lodes (looking NNE) Simba • Inferred - ~7.4Mt @ 1.4g/t gold • ~320,000oz Panapendesa • Inferred - ~1.1Mt @ 2g/t
Slide 20: Simba – Large Granite-hosted Gold System
Simba – Large Granite-hosted Gold System • Drill results include: For personal use only • 21m @ 4.7g/t Au • 23m @ 2.9g/t Au • 54m @ 2.6g/t Au • 29.7m @ 3.2g/t Au • Multiple mineralised zones • Large scale, shallow system • Exploration upside open along strike Drill hole plan superimposed on magnet
Slide 21: Key Reasons to Invest in Liontown
Key Reasons to Invest in Liontown 1. Significant new lithium-tantalum projects secured in For personal use only Australia and Tanzania 2. Drill ready targets at Bynoe and encouraging early results at Mohanga 3. Reviewing other opportunities in lithium – exposure to a promising growth commodity 4. Ex
Slide 22: Contacts
Contacts David Richards (Managing Director) For personal use only Tim Goyder (Chairman) +61 8 9322 7431 www.ltresources.com.au info@ltresources.com.au Thank you
Slide 23: Appendix 1: Hang Gong RC Drilling (1995)
Appendix 1: Hang Gong RC Drilling (1995) For personal use only Significant Ta2O5 (>500ppm) Significant Sn (>0.25%) HOLEID EAST NORTH RL DEPTH (m) Dip Azimuth Date From To Interval Grade (ppm) From To Interval Grade (%) BEC032 694511 8598389 30 30 -60 90 6/07/1995 No significant assays No significant
Slide 24: Appendix 2: Tanzania Overview
Appendix 2: Tanzania Overview For personal use only • Tanzania has established mining industry – 3rd largest gold producer in Africa • Significant uranium, rare earth, graphite and coal reserves • Fraser Institute Rating – 8th most attractive out of 30 African countries • 30% corporate tax & 4% roya
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