Surface Metals Inc. · CSE:SUR
Surface Metals — ACME Lithium — Investor Presentation (March 2023)
37 slides from Surface Metals's investor presentation, March 2023
Slide 1: Powering the Energy Revolution – Corporate Presentation
POWERING THE ENERGY REVOLUTION CORPORATE PRESENTATION March 2023 | CSE: ACME | OTCQX: ACLHF
Slide 2: Safe Harbor and Forward-Looking Statements
SAFE HARBOR AND FORWARD-LOOKING STATEMENTS DISCLAIMER: This presentation contains information, qualifications, and disclaimers to protect they involve inherent risks and uncertainties. The following list is not exhaustive of the factors the investor or potential investor when reviewing information i
Slide 3: The Future Starts Here
THE FUTURE STARTS HERE At ACME Lithium, the building blocks for the future are our focus today. The Company has one of the best portfolios of North American projects in areas known for lithium production, development and exploration. Two are found in a highly prospective region for lithium productio
Slide 4: Meet Lithium
MEET LITHIUM: A soft and lightweight metal that’s changing the world. D 87.54 billion by 2027 $52.5 BILLION USD Global lithium-ion battery market size in 2022 16.5% CAGR Projected compound annual growth rate from 2023 to 2032 $430 BILLION USD Projected market size by 2033 Sources: https://www.globen
Slide 5: The Story of Lithium
THE STORY OF LITHIUM HOW IT’S USED WHERE IT COMES FROM WHY IT MATTERS Lithium powers rechargeable batteries Lithium is found in rocks and EV sales increase every year and in electronics including cell phones, clays as well as brine that is consumers can expect to see prices laptops, cameras, tools,
Slide 6: North American Market Drivers
NORTH AMERICAN MARKET DRIVERS LITHIUM MINING MUST SCALE 20 BIDEN INTRODUCES INFLATION TIMES TO MEET 2050 DEMAND REDUCTION ACT according to Benchmark Mineral with provisions and incentives to develop a Intelligence projections domestic lithium supply chain for EVs OCTOBER 2022 AUGUST 2022 CANADA INVE
Slide 7: Building the Future, Together
BUILDING THE “ “The Benchmark Minerals' Lithium Price index has FUTURE, TOGETHER LITHIUM CARBONATE USE FOR VARIOUS DEVICES soared more than 180% in Range of LCE (lithium carbonate equivalent) the past year. The global Phones 10-20 grams energy transition Laptops 50-100 grams marathon and its demand
Slide 8: Rapid Growth in a Changing World
RAPID GROWTH IN A CHANGING WORLD While lithium is used in countless ways, the part it plays in EVs is the most interesting opportunity to watch in the coming years. OF U.S. CAR SALES ARE FORECASTED TO BE 52% ELECTRIC VEHICLES BY 2030 OF LITHIUM-ION DEMAND WILL BE FOR BATTERY 90% ELECTRIC CARS BY 203
Slide 9: The Pinnacle of the Power Revolution
THE PINNACLE OF “ “The path to net-zero emissions undeniably includes lithium, an THE POWER REVOLUTION essential raw material for the lithium-ion batteries that power electric vehicles and energy $52.5 16.5% storage applications.” BILLION USD CAGR Lithium-ion battery Expected global market size valu
Slide 10: An Urgent Need for the Domestic Supply of Lithium
AN URGENT NEED FOR THE DOMESTIC SUPPLY OF LITHIUM “ “To retain a competitive [automotive industry] Global lithium production by source1, million metric tons lithium carbonate equivalent Just a few countries dominate lithium production, but reserves are found around the world. The U.S. and Canadian g
Slide 11: Where Is Lithium Going?
WHERE IS LITHIUM GOING? “ “The entire lithium-ion battery chain, from mining through recycling, could grow by over 30 percent annually from 2022 to 2030, when it would reach a value of more than $400 Quote & Sources: r https://www.mckinsey.com/industries/automotive-and-assembly/our-insights/battery-
Slide 12: ACME Lithium Project Claims
ACME LITHIUM PROJECT CLAIMS NEVADA CLAYTON VALLEY 100% interest in 122 claims acquired and under option to acquire, totaling 2,440 acres FISH LAKE VALLEY 100% interest in 144 lode mining claims held, totaling approximately 2,975 acres MANITOBA SHATFORD LAKE 100% interest in 21 claims held, totaling
Slide 13: Nevada Projects
NEVADA PROJECTS Welcome to Esmeralda County, Nevada, the epicenter of lithium exploration and development in the United States. PROJECT HIGHLIGHTS: § ACME Lithium has acquired, or is under option to acquire a combined 100% interest in 122 claims totaling 2,440 acres in Clayton Valley and holds 100%
Slide 14: Building Blocks of the Future
BUILDING BLOCKS OF THE FUTURE § ACME’s Clayton Valley project neighbors the Silver Peak lithium mine owned and operated by one of largest lithium producers in the world, Albemarle Corporation (NYSE:ALB) § Silver Peak is the only current lithium production in the U.S. where lithium has been continuou
Slide 15: Clayton Valley Project Overview
CLAYTON VALLEY PROJECT OVERVIEW § ACME’s CC, CCP, JR, and SX Placer Claims in Clayton Valley are found in an area with a rich history and promising future § The claims cover basin-fill sediments and aquifers similar to sediments currently producing lithium brines in the region § Extensive valley gro
Slide 16: Positive Outlook for the Future
POSITIVE OUTLOOK FOR THE FUTURE § ACME’s Fall 2021 survey of the project claims by Hasbrouck Geophysics reported positive results for potential lithium brine § The Phase 1 Gravity Survey and Phase 2 Hybrid Source Audio-Magnetotellurics (HSAMT) survey prioritized key drill locations to test for lithi
Slide 17: Phase 1 Drill Program at Clayton Valley
PHASE 1 DRILL PROGRAM AT CLAYTON VALLEY In June 2022, ACME launched our Phase 1 Drill Program in Clayton Valley. Harris Drilling Exploration and Associates Inc. was contracted to provide drilling services based on prospective lithium brine targets defined by geophysical in Fall 2021. Phase PROSPECTI
Slide 18: A Significant Discovery at Clayton Valley
A SIGNIFICANT DISCOVERY AT CLAYTON VALLEY Positive results have been reported following the analysis of brine samples taken from the Phase 1 Drill Program. KEY FINDINGS: § Lithium detected at concentrations ranging between 38 and 130 mg/L § Results strongly indicate existence of a bicarbonate rich g
Slide 19: Phase 2 Drill Program at Clayton Valley
PHASE 2 DRILL PROGRAM AT CLAYTON VALLEY Following ACME’s successful Phase 1 drill program lithium brine discovery, the Company launched in January 2023 an expanded Phase 2 multi-hole drill program to examine deeper characteristics of the highly prospective lithium brine aquifer in the lower gravel u
Slide 20: Next Steps at Clayton Valley
NEXT STEPS AT CLAYTON VALLEY § Conduct an open hole geophysical survey to interpret changes in lithology, chemistry and assess permeability and other material characteristics § Follow with packer testing to include multi-zonal isolated lithium brine sampling and hydraulic testing § Sample zones will
Slide 21: An Emerging Technology: Direct Lithium Extraction
AN EMERGING TECHNOLOGY DIRECT LITHIUM EXTRACTION DLE is the technology we expect to use at Clayton Valley to process lithium. It is a low-cost and sustainable technology that extracts lithium from brine water. § DLE is a more efficient process compared to traditional lithium extraction by selectivel
Slide 22: Fish Lake Valley Project Overview
FISH LAKE VALLEY PROJECT OVERVIEW UP to 1418 PPM SURFACE LITHIUM VALUES The highest found to date in March 2023, confirms historical and new lithium occurrences on the property LITHIUM WITHIN SEDIMENTARY HORIZONS Can potentially be recovered under reasonable metallurgical conditions BILLION-DOLLAR P
Slide 23: Sampling Program at Fish Lake Valley
SAMPLING PROGRAM AT FISH LAKE VALLEY HIGHLIGHTS: § Our Phase 2 sampling program commenced February 2023 § Our recent Phase 2 sampling program utilized Asterra’s satellite- based technology § Recent Phase 2 geology field review and sampling program resulted in numerous new occurrences of lithium valu
Slide 24: Satellite-Based Technology
SATELLITE-BASED TECHNOLOGY KEY POINTS: § As of January 2023, ACME signed a teaming agreement with ASTERRA to utilize their groundbreaking Synthetic Aperture Radar (SAR) § The SAR uses data analytics, patented algorithms and AI to identify lithium specific targets. § This pilot project resulted in ou
Slide 25: Geophysics Findings at Fish Lake Valley
GEOPHYSICS FINDINGS AT FISH LAKE VALLEY Hasbrouck Geophysics completed gravity and Hybrid-Source Audio- Magnetotellurics (HSAMT) surveys on the property in November 2022. KEY FINDINGS: § A basin fault is evident near the southwestern end of the profile, GRAVITY SURVEY with modeled depths to Paleozoi
Slide 26: Manitoba Projects
MANITOBA PROJECTS The Bird River Greenstone Belt in southeastern Manitoba, Canada: A global area of focus and opportunity for emerging and developing lithium projects. PROJECT HIGHLIGHTS § ACME holds 100% interest in 37 mineral claims totaling approximately 17,000 acres (70 square km) in the Bird Ri
Slide 27: Shatford and Birse Lake Projects Overview
SHATFORD AND BIRSE LAKE PROJECTS OVERVIEW § Located in the southern limb of the Bird River Greenstone Belt, ACME’s Shatford Lake project is comprised of 21 claims totaling approximately 8,883 acres § Contiguous and directly east of the Shatford Lake project claims, our Birse Lake project is comprise
Slide 28: Cat-Euclid Lake Project Overview
CAT-EUCLID LAKE PROJECT OVERVIEW § 6 claims totaling approximately 2,930 acres in the northern limb of the Bird River Greenstone Belt § The claims straddle the prospective Cat-Euclid Lake shear zone and extend along southeasterly trend of known pegmatite occurrences § World leading lithium producer
Slide 29: Manitoba Exploration Program Findings
MANITOBA EXPLORATION PROGRAM FINDINGS § ACME completed an extensive summer 2022 exploration program employing remote sensing, structural geology, ground-based geological mapping, and geochemical sampling to localize targets for drilling § Dias Airborne Ltd. carried out a high-resolution airborne ful
Slide 30: Next Steps in Manitoba
NEXT STEPS IN MANITOBA § Exploration agreement signed with the Sagkeeng First Nation § Drill targets from multiple sites have been identified and include numerous pegmatites, some of which were undocumented prior to the summer exploration program § The winter drilling work program has now received p
Slide 31: Critical Mineral Development in Saskatchewan
CRITICAL MINERAL DEVELOPMENT IN SASKATCHEWAN The Government of Saskatchewan recently announced expansion to existing investment and innovation incentive programs to include eligible lithium projects with the aim to become one of the best resource development jurisdictions in the world. PROJECT HIGHL
Slide 32: Bailey Lake Project Overview
BAILEY LAKE PROJECT OVERVIEW PROMISING HISTORIC SAMPLING Historical sampling reported includes up to 3950 ppm Li in the Bailey Lake region and up to 3470 ppm Li at the Misaw Lake region to the east of Bailey Lake. ENCOURAGING GEOLOGY Till sampling in the region has reported numerous sites with eleva
Slide 33: Management Team & Board
MANAGEMENT TEAM & BOARD STEPHEN HANSON VIVIAN KATSURIS ZARA KANJI DIRECTOR, PRESIDENT AND CEO DIRECTOR CHIEF FINANCIAL OFFICER, CORPORATE SECRETARY Over 28 years of finance and corporate A specialist in corporate development, Experienced in financial reporting compliance development experience acros
Slide 34: Advisory Board
ADVISORY BOARD PAUL MCGUIGAN, P. GEO. MATT BANTA, PH TECHNICAL ADVISOR TECHNICAL ADVISOR A Professional Geoscientist registered with the Association of Over 20 years of technical and professional experience in Engineers and Geoscientists of the Province of British Columbia groundwater and surface wa
Slide 35: Investment Highlights
INVESTMENT HIGHLIGHTS MULTIBILLION DOLLAR EPICENTER OF LITHIUM OPPORTUNITY EXPLORATION & DEVELOPMENT with multiple projects in known regions of lithium in the growing battery and electric production and development: Manitoba and vehicle sectors Saskatchewan, Canada and Nevada, U.S. EXPANDED DRILL PR
Slide 36: Capital Overview
CAPITAL OVERVIEW CSE ACME OTCQX ACLHF SHARES ISSUED AND OUTSTANDING 59,121,067 WARRANTS 8,261,847 OPTIONS 3,550,000 FULLY DILUTED 70,932,914 LEGAL AUDITOR TRANSFER AGENT Owen Bird Law Corporation Charlton & Company, Odyssey Trust Company Bentall 3 Suite 2900, 595 Burrard Street Chartered Professiona
Slide 37: Contact Us
CONTACT US 1-604-564-9045 INFO@ACMELITHIUM.COM INVESTOR INQUIRIES ANTHONY SIMONE SIMONE CAPITAL 1-416-881-9045 ACME LITHIUM US INC. 318 N CARSON ST #208 CARSON CITY, NV 89701 USA 318 – 1199 WEST PENDER ST VANCOUVER, BC V6E 2R1 CSE: ACME | US OTCQX: ACLHF 37