Slide 1: September Quarter Update
For personal use only ASX: CXO September Quarter Update 24 October 2024
Slide 2: Important and Cautionary Notes
Important and Cautionary Notes This presentation has been prepared by Core Lithium Ltd (“Core”, “Company”) and provides a general overview of the Company and its strategy. This presentation does not purport to be all-inclusive or to contain all the information that you or any other party may require
Slide 3: Quarterly Highlights
Quarterly Highlights Ore Reserves Balance Sheet Restart Study For personal use only remains on track for 127.6kt $61.3M cash balance contained Li2O1 with no debt FY2025 Finniss Ore Reserves updated Strategic Investment Exploration Sustainability Positive lithium and gold results Acquisition of 7.6 m
Slide 4: Sustainability performance
Sustainability performance • No recordable injuries, safety or environmental incidents For personal use only during the quarter • Mapping and treatment of weeds commenced across the Grants and BP33 sites ahead of a larger program during the wet season • Wet season and cyclone preparedness is underwa
Slide 5: Ore Reserve update
Ore Reserve update Table 1 Ore Reserve Estimate including contained metal • Total Finniss Ore Reserves now 9.3Mt @ 1.38% Li2O For personal use only Deposit Category Ore Tonnes Li2O (%) Contained • Significant 223% growth in the BP33 Ore Reserve to (Mt) Li2O (kt) 8.7Mt @ 1.38% Li2O provides a strong
Slide 6: Corporate – balance sheet
Corporate – balance sheet • Balance sheet remains strong with $61.3M in cash and no • For the remainder of FY25, expenditures are expected to debt reduce significantly as operational costs have now ceased For personal use only • Cash movements during the quarter included a number of one-off • Expend
Slide 7: Restart Studies update
Restart Studies update • Restart study on track for completion and release in the second half of FY25. For personal use only • Focus on capital and operating costs, product quality, and sustainability to increase future efficiency, reduce costs and improve execution certainty. • Updated Ore Reserve
Slide 8: Exceptional multi-commodity potential
Exceptional multi-commodity potential • Completion of 28 RC drill holes at Shoobridge, totalling 3,535m targeting gold and lithium targets across five prospect areas For personal use only • Mapping and sampling works previously identified a 4.5km long anomalous gold trend extending from north of Mou
Slide 9: Value proposition
Value proposition Ideally placed to capture future value with infrastructure and key markets on our doorstep Strong cash balance and no debt provides stability For personal use only The Northern Territory’s first and only lithium miner Disciplined approach to capital allocation and restart studies O
Slide 10: Core Lithium Ltd contact details
For personal use only Core Lithium Ltd Investor Enquiries Media Enquiries Level 9, 2 Mill Street Paul Brown Michael Vaughan Perth, WA, 6000 CEO Fivemark Partners info@corelithium.com.au +61 8 8317 1700 +61 422 602 720 Authorised for release by the Board of Core Lithium Ltd 10
Slide 11: Appendix: JORC Mineral Resource Estimate
Appendix: JORC Mineral Resource Estimate Mineral Resource Estimate for the Finniss Lithium Project 0.5% Li2O cut-off For personal use only Resource Category Million tonnes (Mt) Li2O% Li2O Contained Metal (kt) Measured 6.33 1.41 89.3 Indicated 21.6 1.30 280 Inferred 20.3 1.18 239 Total 48.2 1.26 608