Lithium Plus Minerals Ltd. · ASX:LPM
Lithium Plus Minerals — IPO Roadshow (January 2022)
22 slides from Lithium Plus Minerals's IPO roadshow presentation, Jan 24, 2022
Slide 1: Australian Lithium for a Clean Energy Future
Australian Lithium for a Clean Energy Future INITIAL PUBLIC OFFERING ASX:LPM
Slide 2: Important information
Important information Forward Looking Statements Certain statements contained in this presentation, including information as to the future financial or operating performance of Lithium Plus Minerals Ltd (“Lithium Plus”) and its projects, are forward looking statements. Such forward looking statement
Slide 3: Executive Summary
Executive Summary ! Australian Lithium Exploration Company listing on ASX Q2 2022 ! Key projects in Northern Territory, located next to Core Lithium’s (ASX:CXO, MC$1.1bn) Finniss Project ! Discovery hole (12m @ 1.43% Li2O from 121m) confirms high grade LiO2 host in pegmatite ! Aggressive drilling pr
Slide 4: Significant Lithium Potential
Significant Lithium Potential ! Neighbouring Core Lithium’s (ASX:CXO) Finniss Project located 45 km from Darwin ! Lithium discovery (12m @ 1.43% Li2O from 121m) proves high grade Li2O host in pegmatite on Lithium Plus ground ! Similar geological setting to CXO ! CXO on track to export Spodumene conc
Slide 5: Attractive Lithium Fundamentals
Attractive Lithium Fundamentals ! Growing demand for Electric Vehicles ! Growing demand for LiOH faster than LC ! Spodumene concentrate will be used to produce LiOH ! LiOH approaching supply deficiency ! Lithium peers market capitalisations demonstrate the huge potential for Lithium Plus Figure 2. E
Slide 6: Growth Strategy
Growth Strategy ! Aggressive exploration drilling on pegmatite targets ! Define maiden resource ! Commence feasibility studies ! Similar geology and strategy to neighbouring tenement holder Core Lithium (market cap $1.1b) Table 1. Listed lithium explorers and developers market caps (8 Nov 2021) with
Slide 7: Capital Structure and Timetable
Capital Structure and Timetable [to be updated/removed] Stage Shares Issue Raise Market Cap ! Target ASX listing Q2 2022 Price Amount ! Exploration drilling on pegmatite targets post IPO Shares on issue 57,000,000 Cornerstone Investor 8,800,000 $0.25 $2,200,000 $14,250,000 ! Attractive valuation rel
Slide 8: Board and Management
Board and Management Dr. Bin Guo – Executive Chairman Dr Guo has more than 20 years of experience in the mining and financial industry. He has worked with SRK Consulting, CITIC Securities & Mining One Consultants, developed a wide range of technical and commercial knowledge. Dr Guo is the founder of
Slide 9: Northern Territory Lithium Projects
Northern Territory Lithium Projects ! Lithium Plus has 5 projects in the Northern Territory: Bynoe, Wingate, Barrow Creek, Spotted Wonder and Moonlight. ! The Bynoe Project lies in the northern end of the Litchfield Pegmatite Belt adjacent to Core Lithium’s (ASX:CXO) Finniss Lithium Project ! Signif
Slide 10: Bynoe Lithium Project
Bynoe Lithium Project ! The Bynoe Project is situated on the Cox Penisula, 50 km south of Darwin adjacent to the Core Lithium’s (ASX: CXO) Finniss Project (current Mineral Resource (14.7Mt @ 1.32% Li2O) across 7 prospects) ! Lithium Plus has 11 GRANTED tenements at Bynoe that border CXO, covering 29
Slide 11: Bynoe Prospects
Bynoe Prospects ! Strong lithium anomalies in soils have identified several prospects: ! Lei, Lianna, Cai, SW Cai, Cai North, Min, Perseverance & Jewellers ! Only limited soil sample coverage exists across Bynoe. Strong potential for more soil sampling to identify several more lithium bearing pegmat
Slide 12: Lei Prospect
Lei Prospect ! Lei Prospect is located 2km south of Core’s BP 33 Deposit which has a JORC compliant resource of 2.15Mt @ 1.51 % Li2O ! Drilling at the Lei prospect in 2017 intersected LCT (Lithium- Caesium-Tantalum) pegmatite bearing Lithium host mineral spodumene at comparable grades to Core’s reso
Slide 13: Lei Lithium Discovery
Lei Lithium Discovery ! In 2017, significant lithium mineralisation was discovered at Lei Prospect (KBRC024) ! 12m @ 1.43% Li2O from 121m, including 9m @ 1.69% ! 1m @ 1.80% Li2O from 142m, and ! 5m @ 1.07% Li2O from 152m ! Drilling confirms high lithium grades in fresh pegmatite with multiple pegmat
Slide 14: Lei & Lianna Soil Geochemistry
Lei & Lianna Soil Geochemistry ! Soil geochemistry is a very effective technique to identify lithium bearing pegmatite targets in the field especially at Lei & Lianna where outcrop is very limited and weathering is extensive. ! Lithium is easily depleted by weathering so values above 100 ppm are con
Slide 15: Cai trend aligns with Core prospects
Cai trend aligns with Core prospects ! Lithium soil anomaly extends for 1,800m along a southwest trend ! Historical 2017 drilling at Cai was too shallow and intersected weathered pegmatite where Lithium is likely depleted due to weathering. Failed to test beneath the weathering profile ! Anomalous L
Slide 16: Drill Targets at SW Cai
Drill Targets at SW Cai Work to date has identified several drill targets: ! Mapped pegmatite across historical tin mine workings has a 500m strike length ! DGPR surveys were performed at SW Cai in 2017 along the soil anomaly trend ! Several pegmatite dyke targets were identified across most section
Slide 17: SW Cai drill targets
SW Cai drill targets DGPR profiles at SW Cai have revealed very similar vertical trending anomalies like the Lei anomaly that drilling has proven to be Lithium bearing pegmatite dykes Figure 16. DGPR section line 7 (50m depth) shows likely pegmatite dyke, coincident Figure 17. DRPG section line 7 (2
Slide 18: Cai drill targets
Cai drill targets DGPR profiles at Cai have also revealed multiple vertical trending anomalies lying beneath anomalous Lithium in soil geochemistry Figure 18. DGPR section line 8 (50m depth) shows likely pegmatite dyke in the Figure 19. DGPR section line 8 (200m depth) continues to identify east mat
Slide 19: Perseverance & Jewellers
Perseverance & Jewellers ! Situated in northern Bynoe, Perseverance and Jewellers have multiple Lithium bearing pegmatite drill targets ! Surface mapping has identified several weathered pegmatites: ! 500 m long at Jewellers ! +100 m long at Perseverance Figure 20. DGPR section line from Perseveranc
Slide 20: Wingate Project
Wingate Project ! 150km south of Darwin ! A single tenement (EL31132) covers the Wingate Mountains Pegmatite District, the southern part of the Litchfield Pegmatite Belt ! Known presence of pegmatites with very little exploration and minor historical production of tin ! Historical gold workings (Fle
Slide 21: Arunta Lithium Projects
Arunta Lithium Projects ! The Barrow Creek and Spotted Wonder projects are in the Northern Arunta pegmatite province, which contains many pegmatite fields and is prospective for lithium ! Tin and tantalum production from pegmatites in the Barrow Creek project suggest lithium potential, supported by
Slide 22: For further information, please contact
Mr. Simon Kidston Non-Executive Director Mobile: 0414 785 009 For further information, please contact: skidston@lithiumplus.com.au Dr Bin Guo Dr Jason Berton Executive Chairman Non-Executive Director Mobile: 0421 176 099 Mobile: 0402 199 166 Email: bguo@lithiumplus.com.au jberton@lithiumplus.com.au