Core Lithium Ltd · ASX:CXO

Core Lithium — Investor Presentation (May 2014)

23 slides from Core Lithium's investor presentation, May 21, 2014

  1. Slide 1: Drilling Australia's New Exploration Hot-Spot

    Core : CXO For personal use only DRILLING AUSTRALIA’S NEW EXPLORATION HOT-SPOT Company Update Presentation May 2014 May 2014

  2. Slide 2: Core's Projects

    Core’s Projects For personal use only • Drilling Blueys and Inkheart Silver Prospects, Albarta NT • Drill assay results expected over next few weeks from Blueys Albarta • Copper exploration underway delivering exceptional results at Albarta, NT • Strong geophysical IOCG drill targets near Olympic Da

  3. Slide 3: Albarta Project, NT

    Albarta Project, NT Darwin Australia’s new exploration hot-spot For personal use only Core has recently moved to 100% ownership* of 20 tenements covering over 2,000km2 comprising the Albarta Project, NT NORTHE RN TERRITORY • Multiple occurrences of copper mineralisation indicates strong prospectivit

  4. Slide 4: Strong Prospectivity

    Strong Prospectivity For personal use only • 10% copper and 4,500g/t silver at Blueys Prospect • 19,552ppb silver in soils at new Inkheart Prospect • Up to 14% copper and 72g/t gold at Copper Royals • Up to 34% copper at Virginia Prospect • Multiple >1% copper at Greater Paradise Well • Large scale

  5. Slide 5: 20 tenements, 100% owned, 2,000km2

    20100% tenements For personal use only Owned 2,000km2 5

  6. Slide 6: Exploration Underway

    Exploration Underway On new IOCG & copper exploration hot-spot For personal use only Results pending Exploration underway during 2014 6

  7. Slide 7: Drilling Blueys Silver Project

    Drilling Blueys Silver Project For personal use only 4.5kg/t silver and 10% copper at surface 7

  8. Slide 8: Blueys Silver Project

    Blueys Silver Project For personal use only • Very high grades of 4.5kg/t (4,500g/t) silver and 10% copper at surface • Peak value of 25,250ppb silver is well above 100ppb commonly regarded as anomalous • Inkheart Prospect also characterised by extremely high silver in soils • Core’s IP geophyics fi

  9. Slide 9: Blueys IP Drill Targets at Depth

    Blueys IP Drill Targets at Depth For personal use only LINE 2700 BLUEYS 3,000 Silver in soils 3,000 Ag (ppb) 2,000 2,000 1,000 1,000 RL metres 600 IP profile 600 40.0 33.3 26.7 400 400 20.0 13.3 6.7 200 200 0.0 474347 E 474634 E 7400733 N 7400323 N Line 2700N 50-100-200m Chargeability Model (msec) S

  10. Slide 10: Blueys Project

    Blueys Project For personal use only • Core’s Blueys Prospect has a footprint of 500m x 250m assaying over 1,000ppb Ag. Peak silver in soil value is 25,250ppb Ag. • Core’s Inkheart Prospect has a footprint of 1,400m x 300m assaying over 1,000ppb Ag. Peak silver in soil value is 19,552ppb Ag. • Inves

  11. Slide 11: Copper Royals

    Copper Royals For personal use only Large copper mineral field Up to 14% copper and 72g/t gold at surface 11

  12. Slide 12: Phase 2 Drilling: Copper Targets

    Phase 2 Drilling : Copper Targets For personal use only • Copper Royals large copper mineral field recognised in area of new 100% owned tenement • 5km long copper soil anomaly • 15 separate copper prospects within 5km x 5km area • Geophysics not used in previous targeting • IP results pending 12

  13. Slide 13: Virginia Prospect

    Virginia Prospect For personal use only Stratiform kilometre scale copper target grading 1%-5% Cu at surface Results from IP survey pending 13

  14. Slide 14: Virginia Prospect: Phase 2 Drilling Copper Targets

    Virginia Prospect Phase 2 Drilling : Copper Targets For personal use only • Stratiform copper horizon identified over 1km strike >1% Cu • No previous geophysics or drilling • IP survey completed 14

  15. Slide 15: Greater Paradise Well

    Greater Paradise Well For personal use only 4 separate copper prospects new discovery 3km x 3km 15

  16. Slide 16: Greater Paradise Well: Phase 2 Drilling Copper Targets

    Greater Paradise Well Phase 2 drilling Copper Targets For personal use only • Multiple occurrences of copper • Copper now identified at surface over a 3km x 3km • Soils results pending 16

  17. Slide 17: IOCG Prospectivity

    IOCG Prospectivity Assessment from multiple independent sources For personal use only 400,000 mE 500,000 mE Copper Queen (14% Cu & 72g/t Au) in rock chips Virginia (34.0% ghw Hi y aCu) in rock chip • Copper prospectivity Copper King (14% Cu & 38g/t Au) in rock chips Plenty of the region well Daicos

  18. Slide 18: Summary

    Summary For personal use only Core’s has moved to full ownership of the Albarta Project in Australia’s new exploration hotspot in the NT : • Core has 100%-ownership* of 20 tenements covering over 2,000km2 in the NT • Multiple occurrences of mineralisation at surface a strong indicator of prospectivi

  19. Slide 19: Core's Projects, S.A.

    Core’s Projects, S.A. For personal use only • Strong geophysical IOCG drill targets near Olympic Dam, Roxby SA • Thick and high grade uranium drill intersections at Fitton discovery, SA Albarta • Multiple mineralised zinc/lead breccia zones up to 1.5km long at Yerelina, SA Fitton Roxby Downs South Y

  20. Slide 20: Roxby, SA

    Roxby, SA For personal use only 100% owned Roxby Downs South Project, SA • 10km from BHPB’s new Wirrda Well find and 40km from Olympic Dam • Strong geophysical drill targets • Surrounded by Majors 20

  21. Slide 21: Fitton, SA

    Fitton, SA For personal use only 6,686,950mN 6,686,900mN 6,686,850mN 7 100% owned Fitton Project in SA 01 North South RC SL 22 3 00 C0 RC R SL SL SLRC • Outstanding new discovery of high grade uranium 028 • Thick and high grade uranium intersections drilled by Core 1m@355ppm U3O8 from 25m 150mRL • U

  22. Slide 22: Yerelina, SA

    Yerelina, SA For personal use only 100% owned Yerelina Project, SA • 567g/t silver and 15.11% zinc and lead in rock chips • High grades in gossans discovered at surface • Mineralised breccias up to 1.5km long • Large1,000km2 tenement area 22

  23. Slide 23: JORC Code competent person statement

    For personal use only The presentation includes exploration information that was prepared and first disclosed by Core under the JORC Code 2004. It has not been updated since to comply with the JORC Code 2012 on the basis that the information has not materially changed since it was last reported. The

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