Galan Lithium Limited · ASX:GLN
Galan Lithium — Investor Presentation (October 2019)
20 slides from Galan Lithium's investor presentation, Oct 1, 2019
Slide 1: New High-Grade Lithium Brine Discovery in South America's Lithium Triangle
For personal use only NEW HIGH-GRADE LITHIUM BRINE DISCOVERY IN SOUTH AMERICA’S LITHIUM TRIANGLE October 2019 ASX:GLN
Slide 2: Disclaimer and Important Information
For personal use only DISCLAIMER AND IMPORTANT INFORMATION
Slide 3: Galan Lithium Limited: Investment Foundations
GALAN LITHIUM LIMITED: INVESTMENT FOUNDATIONS. For personal use only
Slide 4: A Significant Investment Opportunity – The Right Place
For personal use only A SIGNIFICANT INVESTMENT OPPORTUNITY – THE RIGHT PLACE.
Slide 5: A Significant Investment Opportunity – The Right Time
For personal use only A SIGNIFICANT INVESTMENT OPPORTUNITY – THE RIGHT TIME. Source: Orocobre Ltd, Nov. 2018 Source: FMC Corp.
Slide 6: Cost Curve – Lithium Supply Fundamentals
For personal use only COST CURVE – LITHIUM SUPPY FUNDAMENTALS Source: CRU
Slide 7: Corporate Structure
For personal use only CORPORATE STRUCTURE. Capital Structure Shares on Issue 140,445,319 Options 2,825,000 Options exercisable $0.15, 29 Nov. 2019 (Listed: GLNOA) 23,941,178 Options exercisable $0.14, 31 Dec. 2019 5,350,000 Options exercisable $0.60, 31 Aug. 2020 4,000,000 Options exercisable $0.343
Slide 8: Highly Experienced Board
For personal use only HIGHLY EXPERIENCED BOARD. A civil industrial engineer Mr Jimenez has worked for world leader in the lithium industry Sociedad Química y Minera de Chile (NYSE:SQM, Santiago Stock Exchange: SQM-A, SQM-B) for 28 years based in Santiago, Chile. His last position was as Vice Preside
Slide 9: Hombre Muerto: Tier Location Worldwide for Lithium Brines
For personal use only HOMBRE MUERTO: TIER 1 LOCATION WORLDWIDE FOR Li Northern Sal de Vida Market Cap: ~US$16bn BRINES Fenix Operation Market Cap: ~US$1.0bn Sal de Vida Market Cap: ~A$450m Candelas project Market Cap: ~A$28m
Slide 10: Candelas Discovery Highlights
For personal use only CANDELAS Discovery Highlights… DISCOVERY February 2019 “Preliminary field measurements and laboratory analyses on brine suggests that the Candelas Project has the potential to become a Candelas Results (mg/l world-class soluble lithium Mg:Li Location Drillhole Li) deposit hoste
Slide 11: Candelas Maiden Resource
For personal use only CANDELAS MAIDEN RESOURCE. CANDELAS NORTH ZONE 685kt LCE @ 672 mg/l Li Resource Li LCE K K KCI Category (mg/l) (t) (mg/l) (t) (t) CANDELAS NORTH Indicated 496 888,020 5,193 1,734,090 3,306,900 CANDELAS CENTRAL Inferred 130 270,600 2,024 846,170 1,613,640 nb; Reported at zero cut
Slide 12: Western Basin Projects
For personal use only WESTERN BASIN PROJECTS. >
Slide 13: Western Basin Projects – Pata Pila Discovery
WESTERN BASIN PROJECTS – PATA PILA DISCOVERY For personal use only Sampling Sample From To S.G. Cond. Li Mg Mg/Li Method No. (m) (m) (mg/l) (mS/Cm2) mg/l mg/l Bailer 607 99 121 1.220 >200 938 1,338 1.43 Bailer 608 Failed Test Packer 609 254 301.5 1.222 >200 902 1,570 1.74 Packer 610 493 541 1.219 >2
Slide 14: Company Comparisons: Lithium Brines Comparative Table
COMPANY COMPARISONS For personal use only LITHIUM BRINES COMPARATIVE TABLE (ASX Co.s) Company Resource Average grade Project Status Preferred LCE (mg/l Li) Processing Route GLN 685kt 672 JORC resource estimate Under study, PFS completed commencing AGY 245kt 325 PEA completed, targeting Conventional
Slide 15: Impurities – Project Comparisons
For personal use only IMPURITIES – PROJECT COMPARISONS. OPEX US$/t Argosy - Rincon Zhabuye (China): $5,500 Rincon (AGY): $4,645 (PEA est.) Silver Peak (USA): $4,500 Olaroz (Arg.): $4,200 Hombre Muerto (Arg.) Fenix: $3,500 Sal de Vida: $3,144 (PEA est.) Atacama (Chile): $2,500 Source: Neo Lithium Cor
Slide 16: Achievements and Indicative Next Steps
ACHIEVEMENTS AND INDICATIVE NEXT STEPS For personal use only
Slide 17: Achievements and Indicative Next Steps
ACHIEVEMENTS AND INDICATIVE NEXT STEPS Tasks CY 2018 CY 2019 CY 2020 For personal use only Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 CANDELAS Geophysics & mapping Drilling Permits Drilling JORC Resource Pre-Feasibility Study Pilot Plant WESTERN TENEMENTS Drilling Permits Drilling JORC Resource
Slide 18: Argentina – A Pro-Mining & Investment Destination
For personal use only ARGENTINA – A PRO-MINING & INVESTMENT DESTINATION.
Slide 19: Galan Lithium Limited Investment Foundations
For personal use only GALAN LITHIUM LIMITED INVESTMENT FOUNDATIONS.
Slide 20: Fast Tracking to Lithium Carbonate Production in South America's Lithium Triangle
For personal use only FAST TRACKING TO LITHIUM CARBONATE PRODUCTION IN SOUTH AMERICA’S LITHIUM TRIANGLE Level 2, 38 Richardson Street, West Perth, WA 6005 PO Box 396, West Perth, WA, 6872 Ph. +61 8 9322 6283 Fax. +61 8 9322 6398 www.galanlithium.com.au ASX:GLN