Atlantic Lithium Limited. · LSE:ALL
Atlantic Lithium — Investor Presentation (October 2018)
25 slides from Atlantic Lithium's investor presentation, Oct 29, 2018
Slide 1: Diversified Explorer & Developer – Emerging Frontier Provinces
Diversified Explorer & Developer Emerging Frontier Provinces Len Kolff COO & Chief Geologist IMARC Africa Focus Day 29 October 2018
Slide 2: Disclaimer
Disclaimer IMPORTANT NOTICE These presentation slides (the “Slides”) have been issued by IronRidge Resources Limited (the “Company”) in relation to an update on activities by the Company. These Slides do not comprise an admission document, listing particulars or a prospectus relating to the Company,
Slide 3: Corporate Overview
Corporate Overview Major Directors & Capital Structure Management AIM: IRR Shareholders Neil Herbert Non-Executive Chairman Issued Capital 281.3m Vincent Mascolo Other Assore Limited Managing Director & CEO Options 48.35m 28.8% Performance Rights 4.05m 30% Stuart Crow Non-Executive Director TOP 20 N
Slide 4: Right DNA for Discovery, Diversity & Growth
Right DNA for Discovery, Diversity & Growth Explorer Developer Conglomerate • DGR Global Limited – • Assore Limited –JSE listed • Sumitomo Corporation ASX listed Global network • South African supplier of • • Project generator, raw material to the encompassing over 66 founder and creator of world's
Slide 5: Africa Footprint – Gold & Lithium
Africa Footprint – Gold & Lithium Africa focus - Gold & Lithium CHAD GHANA - Gold - Lithium AUSTRALIA - Bauxite, Titania, Gold & IVORY COAST Nickel - Gold & Lithium GABON - Iron Ore 5 Ongoing review of opportunities
Slide 6: Ghana – Stable Pro-Mining Jurisdiction, High-Grade Lithium Pegmatite Discovery
GHANA – Stable Pro-Mining Jurisdiction High-Grade Lithium Pegmatite Discovery 6
Slide 7: West Africa; New Lithium Frontier
West Africa; New Lithium Frontier › Proven big, high- grade Li spodumene pegmatites › Significant globally › Historical gold focus in the Birimian, yet highly prospective for lithium too › Combined 1,855km2 portfolio secured 7
Slide 8: Cape Coast Li Portfolio - Ideal Infrastructure
Cape Coast Li Portfolio - Ideal Infrastructure › 684km2 land package secured via earn-in & application 20MW solar farm (capacity to 40MW) › Within 100km of Takoradi port › Within 100km of capital Accra 20MW solar farm (capacity to 40MW) › Within 1km of a national highway › Through going high-voltage
Slide 9: Ewoyaa Discovery – First Phase Drilling Completed
Ewoyaa Discovery – First Phase Drilling Completed › First phase 8,090m RC drilling programme completed › Broad & continuous high-grade Li pegmatites in trenching & rock- chips › 100m @ 1.57% Li2O incl. 40m @ 1.93% and 15m @ 2.18% Li2O in trenching › 10m @ 2.41%, 25m @ 2.29%, 25m @ 2.14% Li2O in rock
Slide 10: Ewoyaa Discovery – High-Grade Drilling Results
Ewoyaa Discovery – High-Grade Drilling Results › 8,090m Phase 1 programme completed › Broad & continuous high-grade drilling results including*: (*0.5% Li2O cut-off & max 10m internal waste) › 128m @ 1.21% Li2O from 3m incl. › 70m @ 1.53% › 16m @ 1.36% › 111m @ 1.35% Li2O from 37m incl. › 65m @ 1.58
Slide 11: Coarse Spodumene – Broad Widths
Coarse Spodumene – Broad Widths 15m @ 1.01% Li2O from 39m incl. 6m @ 1.29% & 5m @ 1.29% 128m @ 1.21% Li2O from 3m incl. 70m @ 1.53% (incl. 5m @ 2.57%) & 16m @ 1.36% 11
Slide 12: Exploration Upside – Multiple Targets Defined
Exploration Upside – Multiple Targets Defined › Historical Egyasimanku Hill deposit 1.48Mt @ 1.67% Li2O (non JORC, deepest hole drilled to 30m) › Additional reports of 8 pegmatite bodies; 100- 170m long, 10-25m wide & 0.5–2.2% Li2O › High-resolution heli rad- mag survey completed › 12,460 Regional s
Slide 13: Grade, Scale, Mineralogy, Infrastructure & Jurisdiction
Grade, Scale, Mineralogy, Infrastructure & Jurisdiction View looking south-west at Ewoyaa Pegmatite discovery › High-Grade drilling results, spodumene dominant › Just one of multiple untested pegmatites in a rediscovered lithium field › Infrastructure; 1km from highway, 100km from port, adjacent to
Slide 14: Chad – 1st Mover Advantage, Dorothe Discovery
CHAD – 1st Mover Advantage Province Scale Tenure; High-Grade 14 Dorothe Discovery
Slide 15: Chad: Large Scale Gold Mineralised Province
Chad: Large Scale Gold Mineralised Province › Licenses covering 900km2 in Saharan Metacraton › Potential analogue of Intrusion Related Gold Systems – Globally significant › Little/no modern-day exploration; oil focus › First mover advantage; two advanced gold projects › Multiple targets with extensi
Slide 16: Dorothe Gold Project
Dorothe Gold Project › 200km2 exploration license granted › Extensive artisanal workings › Visible gold in quartz veining with nuggets up to 1cm across Gold nuggets from license areas › Two discrete mineralisation types noted: › Sheeted Veins over 3km x 1km area › Main vein over 1km strike with poss
Slide 17: Dorothe: 3km x 1km High-Grade Gold in Trenching Target
Dorothe: 3km x 1km High-Grade Gold in Trenching Target › Large surface mineralised footprint › Multiple trench intersections incl: › 84m @ 1.66g/t Au › 4m @ 18.77g/t Au › 32m @ 2.02g/t Au › 24m @ 2.53g/t Au › 12m @ 2.32g/t Au › 4m @ 5.27g/t Au › Coherent, large scale anomalies defined: › Sheeted Vei
Slide 18: Dorothe: Schematic Cross-Section
Dorothe: Schematic Cross-Section › Steep dipping ‘Main Vein’ Target › Shallow dipping ‘Sheeted Vein’ targets › Possible repetitions at depth A’ A 18
Slide 19: Exploration Upside - Multiple Targets Defined
Exploration Upside - Multiple Targets Defined › Structural repetitions › Major Dorothe Shear NABAGAY › Gold targets and artisanal workings defined: KALAKA › Dorothe target › Guerere target GUERERE › Kalaka target › Nabagay target DOROTHE › Sheeted veins and skarns › 40km prospective strike secured 1
Slide 20: Ivory Coast – Gold Pedigree
Ivory Coast – Gold Pedigree 20
Slide 21: Ivory Coast: Proven Birimian Terrain
Ivory Coast: Proven Birimian Terrain › 3,187km2 gold portfolio › 1,172km2 lithium portfolio › Country underlain by prolific Birimian Greenstone Belts › Underexplored yet hugely prospective › Major regional structures with operating mines; Tongon 5Moz, Yaoure 2.8Moz, Bonikro 2.7Moz › Majors & mid-tie
Slide 22: Vavoua Project Area
Vavoua Project Area › 1,114.6km2 ground holding › Along strike of significant and growing 700Koz Abujar Project (3rd party, JORC compliant) › Highly anomalous reconnaissance auger drilling results: › 2.3g/t Au › 0.53g/t Au › High priority target areas defined › Airmag survey planned 22
Slide 23: Bianouan & Bodite Gold Projects
Bianouan & Bodite Gold Projects › 540.3km2 land holding › Along strike from c.17Moz, 5.5Moz and 5Moz deposits › Target areas defined in rock chips, soils & artisanal sites › Bodite auger drilling underway › Bianouan trenching, pitting and extensional soils completed 23
Slide 24: Kineta Project Area – Contiguous Ground Holding
Kineta Project Area – Contiguous Ground Holding › 1,532km2 ground holding › Artisanal workings defined over 8km strike insert › Along strike from Konkera (3.3Moz) and Wa-Lawra (2.1Moz) deposits › High-grade rock-chip results › Soil anomaly defined at Kineta North insert Artisanal mining 24 Artisanal
Slide 25: IronRidge Resources Ltd contact details
IronRidge Resources Ltd (AIM:IRR) 111 Eagle St, Brisbane, QLD Australia www.ironridgeresorces.com.au
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