Lake Resources N.l. · ASX:LKE
Lake Resources N.l — Corporate Update (June 2018)
27 slides from Lake Resources N.l's corporate update, Jun 15, 2018
Slide 1: Lake Resources: Major Discovery - Kachi, Large Lithium Projects
For personal use only LAKE RESOURCES Major Discovery - Kachi 4 Large Lithium Projects Update 15 Jun 2018
Slide 2: Disclaimer
Disclaimer For personal use only General Statement and Cautionary Statement This presentation has been prepared by Lake Resources N.L (Lake) for information purposes and meetings with sophisticated and professional investors, institutional investors and brokers and not any particular party. The info
Slide 3: Investment Highlights
Investment Highlights For personal use only Lake Resources (ASX:LKE) - Lithium exploration/development company – listed in Australia - Focus on developing 3 lithium brine & 1 hard rock lithium project in Argentina Large Lease Holding in Lithium Triangle - One of Largest Lease Holdings of Lithium ~ 1
Slide 4: Prime Location, Large Lease Holdings
LKE – Prime Location Large Lease For personal use only Holdings Albemarle Orocobre Production 180,000 Ha OLAROZ PASO SQM 4 Projects Production 3 Brine Projects SQM / 1 Hardrock Lithium Americas 100% owned Heartland of Lithium X (Takeover) Major Lithium Galaxy (Lithium) Albemarle FMC Production Codel
Slide 5: Four Lithium Projects – Four Potential Company Makers
Four Lithium Projects – Four Potential Company Makers For personal use only Kachi – Drilling Underway Olaroz Cauchari - High grades at Large Project 100% LKE Adjoins Production lease boundary Large Scale ~50,000 Ha Adjoins Orocobre production Adjoins Advantage Lithium/ Large Discovery Recent access
Slide 6: Corporate Snapshot
Corporate Snapshot For personal use only LAKE RESOURCES (ASX:LKE) Total Current Shares on Issue 305,683,867 Scale & Location Listed Options (10c) Aug 2018 Expiry Options To Be Listed* (20c) 15 Dec 2018 Expiry 19,200,000 33,316,667 Deep Value Being Unlocked Unlisted Options (5c) Nov 2018 Expiry 5,042
Slide 7: Comparisons - LKE Deep Value
Comparisons - LKE Deep Value For personal use only 1.6 Companies with Neighbours - Jujuy In District Hardrock – Adjoining Leases - 1.4 – Catamarca / Salta West Aust Jujuy 1.2 LAC Mkt Caps 400% to 4000% 1800% 1 A$ Bn Mkt Cap larger than LKE shows Growth upside 0.8 2 yrs LKE ??% Lithium Americas Growt
Slide 8: Time Line – LKE Value Uplift
Time Line – LKE Value Uplift For personal use only Jan/Apr 2016 Nov 2016 Dec 2017/Feb 2018 May/Oct 2018 2018/ 2019 • Peg Leases • Lake Resources • Jujuy Leases & • Kachi results/resource • Offtake deals / vend Kachi Drilling • Cauchari drilling Investment / PFS • Argentine Govt • Large Lease • Landm
Slide 9: Kachi Project
For personal use only KACHI PROJECT Large Scale; Low Impurities Similar to projects in development Catamarca
Slide 10: Kachi – New Discovery
Kachi – New Discovery For personal use only Large Project – Scale New discovery - Maiden drill program Previously untested – salt lake 22 x 8km ~54,000Ha mining leases – 100% Lake Results – Good chemistry, low impurities ~300mg/L lithium; drilling deeper Brines from surface to 400+m depth 10
Slide 11: Kachi Drilling Underway
Kachi Drilling Underway For personal use only 11
Slide 12: Kachi Drilling Underway
Kachi Drilling Underway For personal use only 12
Slide 13: Kachi – Deep Brines, Potential Expansion
Kachi – Deep Brines For personal use only Potential Expansion Geophysics – Passive Seismic Shows large deep basin Shows brines from surface to 600+m depth Potential for expansion to size and depth 13
Slide 14: Kachi - Low Impurities, Compares Favourably
Kachi - Low Impurities, Compares Favourably For personal use only Kachi – Low impurities Good chemistry Kachi Implies better final product Compares favourably Big Producers Projects in development 14 Source: NeoLithium; Company Reports; Industry Research
Slide 15: Local Communities, Environmental
Local Communities, Environmental For personal use only Local Employment Community Interaction Started with local community discussions Preference for local labour Environmental Care Protection for fresh water resources Assistance with water wells, solar energy But many tracks made by tourists Renova
Slide 16: Olaroz - Cauchari
For personal use only OLAROZ - CAUCHARI Among the Majors Next to Production/ Development Jujuy
Slide 17: Olaroz, Paso and Cauchari Projects
Olaroz Project Prime Location Brine Project For personal use only Extends 30km North-South Next to Orocobre, SQM/Lithium Americas Paso Project Brine Project Next to LSC Lithium Cauchari Project Brine Project Extends 11km North-South Heartland of Next to Orocobre/Advantage SQM/Lithium Americas Lithiu
Slide 18: Cauchari Brine Project
Cauchari Brine Project 11 For personal use only km Section Adjoins Major Development Lithium Brine Project adjoins SQM/Lithium Americas and Advantage Lithium/Orocobre Development Projects Targeting same aquifers; covered targets on margins Section Target 18 Source: Lithium Americas PFS 2012 Source:
Slide 19: Cauchari Brine Project – Adjacent Drill Results
Cauchari Brine Project AAL Drillhole AAL Drillhole For personal use only 600mg/L Lithium 430-530mg/L High flow rates Lithium 11km Nth-Sth Covered Target Targeting same aquifers as SQM/Lithium Americas and Advantage Lithium (AAL) Targets – under cover on basin Drilling immediately outside Lake leases
Slide 20: Olaroz Brine Project
Olaroz Brine Project For personal use only Adjoins Production Area 30km belt adjoins Orocobre Production & SQM/Lithium Americas Development Project 30 Targeting same aquifers – alluvial covered target km Most advanced lithium brine projects are extending resource under cover on basin margins Section
Slide 21: Olaroz Brine Project
Olaroz Brine Project For personal use only Leases 30km Nth-Sth Covered Target Targeting same aquifers as Orocobre Production along Olaroz Lithium Production Plant 30km long margin Covered targets / faults under alluvial cover Deeper aquifers Photos indicate approximate boundary 21
Slide 22: Large Pegmatite Belt
Large Pegmatite Belt For personal use only New 150km Long Belt Target- Thick Swarms Initial exploration targeting Pegmatites + Lithium where pegmatites merge to Newly recognised long belt provide thick dyke swarms Only one other company in area Adjacent drill results >2% Li2O Outcropping spodumene P
Slide 23: Experienced Board
Experienced Board For personal use only STEVE PROMNITZ STU CROW NICK LINDSAY ANDREW BURSILL Managing Director Chairman Non-Exec Non-Exec Director CFO/Company Secretary Extensive Project Management More than 25 years of 25+ years of experience in Accounting/ governance experience in South America – e
Slide 24: Unlocking Deep Value – Catalyst Rich 2018
Unlocking Deep Value Catalyst rich 2018 For personal use only Drilling Access Offtake With Drilling Results Landmark Agreement to Partner Potential or Drilling – Kachi – Positive Results Access Olaroz-Cauchari Offtake Potential - Kachi – Large new discovery Recent agreement March 2018 Resource/Scopi
Slide 25: Scale, Value, Catalysts
Scale, Value, Catalysts For personal use only Prime Location Brine & Hardrock Large Leaseholding Scale, Optionality Amongst the Majors 4 Key Projects Lowest Cost Production All potential company makers Same Aquifers … Full lithium offering Large tenement package Development Potential Positioned pre-
Slide 26: Appendix JORC Code 2012 – Table Report Kachi Lithium Project
Appendix 1 JORC Code 2012 – Table 1 Report Kachi Lithium Project For personal use only Competent Person’s Statement – Kachi Lithium Brine Project The information contained in this ASX release relating to Exploration Results has been compiled by Mr Andrew Fulton. Mr Fulton is a Hydrogeologist and a M
Slide 27: Lake Resources: Scale, Location, Value Uplift
LAKE RESOURCES For personal use only Scale, Location, Value Uplift Lithium at a Higher Level steve@lakeresources.com.au www.lakeresources.com.au +61 2 9188 7864 twitter.com/Lake_Resources IR (Ben) +61 4131 50448