Patagonia Lithium Limited · ASX:PL3
Patagonia Lithium — Investor Presentation (February 2026)
22 slides from Patagonia Lithium's investor presentation, Feb 23, 2026
Slide 1: Patagonia Lithium Broker Presentation - Well JAM26-06 completed
For personal use only Well JAM26-06 completed PATAGONIA LITHIUM MRE 103,500 tonnes Li metal = 551,000 tonnes LCE ASX:PL3 23 February 2026 Broker Presentation
Slide 2: Nature of this document
Nature of this document NATURE OF THIS DOCUMENT expectations represented by such information are reasonable, there can be no assurance that the Disclaimer This presentation has been prepared by Patagonia Lithium Limited (ACN 654 004 403) (Company). The information is based on publicly available info
Slide 3: Formentera - Project update
FORMENTERA - Project update HIGHLIGHTS • Our sixth well JAM 26-06 was completed to a depth of 488m and For personal use only stopped when the drill rig encountered bedrock. • Our sixth well is currently being prepared to line it with slotted PVC which will prevent collapses. • We will conduct a 72 h
Slide 4: Mineral Resource Estimate – 551,000mt LCE
MINERAL RESOURCE ESTIMATE – 551,000mt LCE LITHIUM PROJECT - FORMENTERA Formentera and Cilon concessions host a significant and world class resource of lithium • JORC inferred and indicated mineral resource of 551,000 tonnes of lithium carbonate equivalent (LCE) drainable For personal use only resour
Slide 5: World Class Lithium Project - Formentera
WORLD CLASS LITHIUM PROJECT - FORMENTERA HIGHLIGHTS MINERAL RESOURCE ESTIMATE • 0.551M TONNES LITHIUM CARBONATE EQUIVALENT INFERRED INDICATED DRAINABLE RESOURCE For personal use only • 133,500 TONNES LITHIUM AVG SPECIFIC YIELD 11.76% • THE HIGHER THE POROSITY THE MORE EXTRACTABLE LITHIUM • 72HR PUMP
Slide 6: Drill hole location map seismic survey
Drill hole location map seismic survey For personal use only Gold lines are HSVR seismic survey lines Blue lines are MT survey conducted in 2024. Drill holes are green dots Orange dots are next drill targets
Slide 7: Formentera Inferred and Indicated Resource statement by WSP
Formentera Inferred and Indicated Resource statement by WSP For personal use only Brine being pumped from well JAM 25-05
Slide 8: Formentera lithium concentration
Formentera lithium concentration For personal use only The high porosity zone lithium content is 469ppm Lithium The thickness of the zone is approximately 200m but the MT geophysics shows it extends 500m The lithium average across all 34 samples is 279ppm SD=standard deviation, CV=coefficient of var
Slide 9: BMR - Exceptional Porosity – Jam 24-02, JAM 24-03
BMR -Exceptional Porosity – Jam 24-02, JAM 24-03 For personal use only JAM 24-02 shows 29% porosity and 538ppm Li at 300m JAM 24-03 shows 15% porosity and 499ppm Li at 360m 220m of porous sands over 2km in length
Slide 10: Formentera/Cilon Lithium Project Assay Summary
Formentera/Cilon Lithium Project Assay Summary Formentera Drill hole Lithium content ppm Depth 24-01 24-02 24-03 24-04 25-05 26-06 26-07 For personal use only 100-150 110 132 275 154 165 Porous sandy 150-200 237 254 293 152 195 core from well 200-250 316 327 325 152 195 JAM 26-06 at 250-300 485 474
Slide 11: Geophysics – outstanding low resistivity provides bullseye drill targets
Geophysics – outstanding low resistivity provides bullseye drill targets Extends to 1,000m+ depth below 3.0 ohm.m For personal use only 500mdepth 1,122 ppm Lithium sample The geophysics show two hot spot zones with a resistivity below 0.5 Ohm-m on each surveyed line where lithium brines are likely t
Slide 12: Formentera/Cilon Projects – preferred six production well locations
Formentera/Cilon Projects – preferred six production well locations = Production well For personal use only • The Cilon Project includes a permit to drill 8 wells near the location where the surface sample was 1,120ppm lithium Ekosolve Plant t Waste brine disposal The western lagoon is available to
Slide 13: Ekosolve Processing Results
Ekosolve Processing Results For personal use only Lithium Carbonate Production at Pilot Plant Lithium Extraction Efficiency • EkosolveTM Direct Lithium Extraction (DLE) technology pilot plant test work at University of Melbourne achieves 92.1% lithium extraction efficiency from brines with average l
Slide 14: Ekosolve Pilot Plant Elevation Drawings
Ekosolve Pilot Plant Elevation Drawings For personal use only 14
Slide 15: Ekosolve Pilot Plant Plan Drawings
Ekosolve Pilot Plant Plan Drawings For personal use only 15
Slide 16: MT Geophysics at Tomas III
MT Geophysics at Tomas III – low resistivity unit means conductor layer – lithium brines may be present in the aquifer – drilling is next step For personal use only The MT survey was able to penetrate down to 4000m And shows an anticline unit about 500m below the Surface, which has impacted the detr
Slide 17: Brazil Projects – Lithium, REE and Niobium
Brazil Projects – Lithium, REE and Niobium • Concessions covering 41,700 Has have been granted for three years in the Minas Gerais state. • The three key areas are a high priority target for rare For personal use only earth elements (REE) in ionic clays and Niobium • Rockchip, soils and stream sampl
Slide 18: Brazil Projects – REE and Niobium carbonatite deposit
Brazil Projects – REE and Niobium carbonatite deposit For personal use only The white areas on the figure on the right are the most probable to have been fenetized and concentrated rare earths. 18
Slide 19: Board of Directors - Strong leadership, technical and commercial experience
Board of Directors - Strong leadership, technical and commercial experience For personal use only Pablo Tarantini Phil Thomas Rick Athon Non-Executive Director Executive Chairman Non-Executive Director • Pablo Tarantini was appointed 25 • Phillip has more than 20 years’ • Rick Anthon is an independe
Slide 20: Formentera is a world class project being developed for production
Formentera is a world class project being developed for production – key features • SUBSTANTIAL LITHIUM RESOURCE WITH EXCELLENT GEOHYDROLOGY For personal use only Lithium grades from 1,122ppm on surface to 580ppm at 376m with exceptional porosity derived from core and BMR surveys means high efficien
Slide 21: Patagonia Lithium contact
PATAGONIA LITHIUM For personal use only www.patagonialithium.com.au For further information please contact the authorising officer: Phillip Thomas Executive Chairman Patagonia Lithium Ltd M: +61 433 747 380 E: phil@patagonialithium.com.au Patagonia Lithium Ltd ACN 654 004 403 21 Suite 66, 2-4 Cochra
Slide 22: Cross referenced announcements
Cross referenced announcements Sampling at Formentera and Cilon Assays 1,122ppm Lithium 2 June 2023 MT Geophysics Defines Significant Prospective Drill Targets 15 June 2023 Geophysics Generates Significant Prospective Drill Targets 4 July 2023 For personal use only 92% Lithium Extraction from Formen
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