Atlas Lithium Corporation · NASDAQ:ATLX
Atlas Lithium — Investor Presentation (October 2022)
28 slides from Atlas Lithium's investor presentation, Oct 20, 2022
Slide 1: Atlas Lithium October 2022
OCTOBER 2022 www.atlas-lithium.com OTCQB: ATLX WWW.ATLAS-LITHIUM.COM
Slide 2: Forward-Looking Disclaimer
Forward-Looking Disclaimer This presentation contains, or incorporates by reference, “forward-looking information” within the meaning of applicable U.S. securities legislation. Forward-looking information may include, but is not limited to, statements with respect to the future performance of Atlas
Slide 3: Investment Highlights
Investment Highlights ➢We own 100% of hard-rock lithium mineral properties – there is not enough supply of lithium today and in the foreseeable future given EV battery demand for the next decades ➢Our drilling to date has indicated several high-quality lithium deposits; top intersect grade = 3.26% L
Slide 4: Comparables – Hard-Rock Lithium Companies
Comparables – Hard-Rock Lithium Companies Company Name and Lithium Properties Market Cap Ticker Symbol (based on public fillings) Revenues (10/20/2022) Sigma Lithium Resources 46,471 acres none US$ 3 billion (Nasdaq: SGML) (Minas Gerais, Brazil) Piedmont Lithium 3,245 acres none US$ 1 billion (Nasda
Slide 5: Projects & Properties
Projects & Properties Battery Metals Portfolio Gold-Focused Iron-Focused 100%-Owned 24%-Owned 44%-Owned Lithium (2 projects) 72,344 Acres (293 km2) OTCQB: JUPGF Private Nickel 54,950 Acres (222 km2) Rare Earths 30,054 Acres (122 km2) Titanium 22,050 Acres (89 km2) Graphite 13,766 Acres (56 km2) Octo
Slide 6: Key Team Members
Key Team Members Volodymyr Mark Petersen Marc Fogassa Chairman & CEO Myadzel, PhD Chief Technical Advisor Sr. VP, Geology ➢ 10-yr experience as CEO of Atlas Lithium; ➢ “Qualified Person” (Expert) in lithium under ➢ Extensive background in taking projects from previously was in U.S. venture capital f
Slide 7: Board of Directors
Board of Directors Ambassador Stephen Cassi Marc Roger Noriega Petersen, CFA Olson, Esq. Fogassa Independent Director Independent Director Independent Director Chairman & CEO ▪ Nominated by President George W. ▪ 40-yr experience in capital markets ▪ Extensive experience in global Bush for Assistant
Slide 8: Our 100%-Owned Battery Metals Exploration Portfolio
Our 100%-Owned Battery Metals Exploration Portfolio Nickel/Cobalt II Properties Lithium Nickel/Cobalt Rare Earths Northeastern Lithium Project Graphite Titanium Rare Earths I Properties Rare Earths II Properties Nickel/Cobalt I Properties Minas Gerais Lithium Project Titanium Properties Graphite Pro
Slide 9: Lithium: High Demand = High Prices
Lithium: High Demand = High Prices Electric Vehicle (EV) share of new car production will increase from ~5% Commercial development of our lithium project entails processing of in 2021 to ~40% in 2030 driving continued demand for lithium for EV our lithium-bearing minerals and future sales of our lit
Slide 10: Overview – Minas Gerais Lithium Project
Overview – Minas Gerais Lithium Project Our Minas Gerais Lithium Project encompasses 52 mineral rights (227 km2) in and around the municipalities of Araçuaí and Itinga, a well-known district for lithium. We are currently drilling one of our mineral rights, the Neves Area, where twenty pegmatite
Slide 11: Our Neighbor – Sigma Lithium
Our Neighbor – Sigma Lithium (SGML; US$2.9B mkt cap) ➢ Sigma Lithium Resources is the most active lithium explorer in the region with a world-class lithium resource Sigma Lithium base which currently stands at approximately 80MT of has 27 mineral Li2O contained within four separate deposits. Salinas
Slide 12: Minas Gerais Lithium Project – Neves Area
Minas Gerais Lithium Project – Neves Area Several Lithium Pegmatites Already Identified Lithium Pegmatite with >20% spodumene Lithium Pegmatite visually estimated with 10-20% visually estimated spodumene and with the presence of petalite, another lithium- bearing mineral Lithium Pegmatite with >30%
Slide 13: Drilling Program – Neves Area
Drilling Program – Neves Area www.atlas-lithium.com ATLAS LITHIUM (OTCQB: ATLX) | 13
Slide 14: ESG – Environmental, Social & Corporate Governance
ESG – Environmental, Social & Corporate Governance As the “Mineral We appointed and Resources Company empowered an ESG for the Green Energy Chief who coordinates Revolution,” we are our efforts with the deeply committed to communities in these ESG causes. important matters. www.atlas-lithium.com ATL
Slide 15: Active ESG – Some of Our Contributions to Communities
Active ESG – Some of Our Contributions to Communities We planted more than 6,000 trees of diverse types for the benefit of local populations in areas in which we operate. Constructed over 1,000 small retention walls to preserve and enhance dirt access roads used by communities. Many of our work need
Slide 16: Iron – We Own 44% of Apollo Resources Corp.
Iron – We Own 44% of Apollo Resources Corp. Apollo Resources Corporation Apollo Resources, a private company, is focused on the development of its initial iron 10 in the well-known mine its Piracicaba Project Iron Quadrangle mining district. www.atlas-lithium.com ATLAS LITHIUM (OTCQB: ATLX) | 16
Slide 17: Apollo Resources – 100%-Owned Iron Projects
Apollo Resources – 100%-Owned Iron Projects Project Location Area Name Mineral in Brazil (State) (Acres) Highlights In Operational Licensing: Premier location next to Vale’s iron mine. Technical Report Summary presents an estimate of 7.85M tons of iron ore resources. Iron Quadrangle, Rio Piracicaba
Slide 18: Gold – We Own 24% of Jupiter Gold Corp.
Gold – We Own 24% of Jupiter Gold Corp. Jupiter Gold Corporation (OTCQB: JUPGF) Jupiter Gold is focused on the exploration of several highly promising gold areas in Brazil. 10 In addition, it owns 100% of a quartzite project which is expected to start producing revenues in 2023. www.atlas-lithium.co
Slide 19: Jupiter Gold – 100%-Owned Projects
Jupiter Gold – 100%-Owned Projects Project Location Area Name Mineral in Brazil (State) (Acres) Highlights Exploration Stage: Greenstone belt formation in an area known for artisanal Alpha Gold Minas Gerais 28,167 gold. Gold mineralization reported by prior owner and verified by us in new trenching
Slide 20: Additional Information
ADDITIONAL INFORMATION www.atlas-lithium.com ATLAS LITHIUM (OTCQB: ATLX) | 20
Slide 21: Lithium Deposits & Mining
Lithium Deposits & Mining HARD ROCK LITHIUM LITHIUM BRINES Lithium Deposits ❑ Lithium minerals hosted in igneous pegmatite bodies distributed around ❑ Occur in arid regions dominated by high evaporation rates margins of large granitic intrusions ❑ Lithium dissolved in saline groundwater brines below
Slide 22: Geologic Address
Geologic Address Eastern Brasil Pegmatite Province – EBP ❑ 150,000 km2 Araçuaí orogenic belt of large granitic igneous intrusives and related pegmatite deposits ❑ Extends more than 850 km across eastern Minas Gerais state ❑ Host to at least 1,000 pegmatites mined since 1940’s ❑ Multiple mineral comm
Slide 23: Mineral Properties
Mineral Properties Minas Gerais Lithium Project Araçuaí Mining District Salinas ❑ 227 km2 of 100% Atlas-owned mineral rights comprising largest lithium portfolio in Brazil ❑ Dominant property position in Araçuaí mining district, covering multiple centers of prospective pegmatite mineralization ❑ Str
Slide 24: Das Neves Target
Das Neves Target ❑ Recently expanded concession block to 28.2 km2 with acquisition of four new mineral rights – ~ 40-fold increase ❑ Li-bearing pegmatites exposed in historic artisanal mine workings and along stream drainages and road cuts Das Neves North ❑ Exploration currently focused on cluster o
Slide 25: Das Neves Target (continued)
Das Neves Target (continued) ❑ Significant Li2O grades begin at top of fresh bedrock at ~30 to 50m depth from surface ❑ Best results to date returned from drill holes AB-11, AB-11B, AB-12 and AB-15 - Latest 10 holes pending Abelhas Pegmatite Drilling Highlights Target Neves Target Area – Abelhas Peg
Slide 26: Other 100%-Owned District Targets
Other 100%-Owned District Targets Santa Clara Area Pegmatite Outcrop – Santa Clara Target ▪ Adjoins Sigma Lithium’s Grota do Cirulo property, recently expanded with acquisition of 4 new concessions ▪ 14 prospective pegmatites mapped on original concession – field reconnaissance over new concessions
Slide 27: Metallurgy
Metallurgy ➢ Preliminary testing completed in Q2 2022 by SGS Geosol in Belo Horizonte, Brazil Objectives ❑ Determine physical density and size distribution of crushed material ❑ Test use of dense media gravity separation (DMS) methods to produce commercial grade spodumene concentrate ❑ Evaluate pote
Slide 28: Thank You
Marc Fogassa Chief Executive Officer Gustavo Aguiar Chief Financial Officer Brian W. Bernier Vice-President, Corporate Development THANK YOU (833) 661-7900 info@atlas-lithium.com atlas-lithium.com @Atlas_Lithium www.atlas-lithium.com BRAZIL MINERALS (OTCQB: BMIX)