2 COMPANY HIGHLIGHTS Company management are highly qualified and - - PowerPoint PPT Presentation
2 COMPANY HIGHLIGHTS Company management are highly qualified and - - PowerPoint PPT Presentation
The information contained herein is provided solely for the reader's general knowledge. The information is not intended to be a comprehensive review of all matters and developments concerning NRG Metals Inc. All information is offered on a
The information contained herein is provided solely for the reader's general knowledge. The information is not intended to be a comprehensive review of all matters and developments concerning NRG Metals Inc. All information is offered on a "best intentions" basis. No securities commission or other regulatory authority in Canada or any other country or jurisdiction has in any way passed upon this information and no representation or warranty is made by NRG Metals Inc. to that effect. This presentation may include "forward looking statements.” All statements, other than statements of historical fact, included herein, including without limitation, statements regarding exploration results, future plans and objectives of NRG Metals Inc. are forward looking statements that involve risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. NRG Metals Inc. does not make any representations, warranties or guarantees, express or implied, regarding the accuracy, completeness, timeliness, noninfringement, or merchantability or fitness for a particular purpose or use of any information contained in presentation. Furthermore, the information in no way should be construed or interpreted as, or as a part of, an offering or solicitation of securities. Investors are advised to discuss all of their stock purchases with a registered securities broker or personal finance professional prior to investing. No obligation, responsibility or liability shall be incurred by NRG Metals Inc. or any of its
- fficers, directors, employees or agents for any loss or damage
whatsoever, whether incidental, special, indirect, consequential, punitive, exemplary, or for lost profits in connection with, caused by or arising from any delays, inaccuracies, errors or omissions in or infringement by, or from any use of, or reliance on such information contained in this presentation. THE FINANCIAL PROJECTIONS PERTAINING TO THE HOMBRE MUERTO LIHTIUM PROJECT ARE BASED UPON ASSUMPTIONS, EXPERIENCE AND PROPRIETARY KNOWLEDGE OF KEY LITHIUM
- MANAGEMENT. FURTHER EXPLORATION OF THE HOMBRE MUERTO
NORTH LITHIUM PROJECT IS REQUIRED TO CONFIRM THE ASSUMPTIONS CONTAINED WITHIN THIS PRESENTATION AND TO VERIFY AND CONFIRM THE POTENTIAL OF THE FINANCIAL MODEL THIS PRESENTATION IS FOR DISCUSSION PURPOSES ONLY
2
TSX Venture: NGZ OTCQB: NRGMF Frankfurt: OGPN
COMPANY HIGHLIGHTS
3
- Company management are highly qualified and experienced in the
exploration and development of lithium projects
- Company objective is to quickly enter the lithium market with technically
uncomplicated, limited environmental footprint projects located in Argentina
- Hombre Muerto North is a 3,287 hectare (8,100 acres) claim block
located in an area of lithium production. Drilling tested and underway. Infrastructure built.
- Salar Escondido is a 29,000 hectare (71,660 acres)claim block and
represents and exploration opportunity to make a significant new lithium
- discovery. Drilling recently confirmed lithium in target zone. Phase Two
drilling now underway.
- Company has strategic alliance with Chemphys Chendgu, a China based
lithium producer. Chemphys is the largest shareholder and has an off-take for any Hombre Muerto North lithium productio
NRG Metals listed as
TOP 10 PERFOMER
in 2018 TSX Venture 50 Ranking www.tmxmoney.com
TWO DRILL PROGRAMS NOW UNDERWAY
LITHIUM TEAM
4
Jose De Castro
C H I E F O P P E R T A I N G O F F I C E R L I T H I U M T E A M L E A D E R N R G M E T A L S A R G E N T I N A
- Mr. de Castro has five years with
Argentine lithium producer OROCOBRE LTD. (ASX:ARE) from 2010-2015 as Country Manager and was responsible for the development
- f the Salar de Olaroz Lithium Project,
a $ U.S. 300 million operation. He has extensive knowledge of lithium exploration, development and
- perations, having supervised the
work program for Orocobre at Salar de Olaroz, and Salinas Grandes. He has also held senior positions FMC Lithium the operator of South America’s largest lithium operation in the Hombre Muerto salar.
James K. Duff
E X E C U T I V E D I R E C T O R N R G M E T A L S A R G E N T I N A
- Mr. Duff has over 40 years of diverse
experience in international mining, including positions as the Chief Geologist at St. Joe Mineral’s Aguilar mine in Jujuy province, and Chief Operating Officer of Minera Andes, which owns 49% of the San Jose gold-silver mine in Santa Cruz, Argentina and 100% of the giant Los Azules porphyry copper deposit in San Juan, Argentina. Mr. Duff was also formerly the President of South American Operations for Coeur Mining with responsibility for mines in Chile, Bolivia and Argentina.
Jose Louis Martin
M A N A G E R O F N E W B U S I N E S S D E V E L O P M E N T N R G M E T A L S A R G E N T I N A
- Dr. Martín served as the Catamarca
representative for Galaxy Lithium S.A. from 2010 to 2013 where he participated in the development of the feasibility study for Galaxy’s Sal De Vida project in the Salar de Hombre Muerto. Dr. Martín has over 35 years of experience in the mining industry, including exploration, development operations and community and governmental relations.
Fernando E. Villarroel
P R O J E C T M A N A G E R N R G M E T A L S A R G E N T I N A
- Mr. Villaroel has 12 years of
experience in the mining industry in Argentina with a focus on Lithium process development. From 2009 to 2013 he worked with Lithium Americas Corp. (Minera Exar S.A.) as Project Manager which included construction management and commissioning of the initial pilot evaporation facilities and laboratory at the Cauchari Olaroz Lithium Project. He has also acted as a consultant to Neo Lithium and International Lithium
- Inc. He holds a degree in Industrial
Engineering and has specialized training in Data Modeling & Analysis for Business and Engineering from M.I.T.
NRG will focus on establishing an Industrial Grade production operation TSX Venture: NGZ OTCQB: NRGMF Frankfurt: OGPN
CURRENT MARKET
5
- World production of lithium is dominated by a small number of participants
that account for 90% of the total market
- Production from salar brine accounts for 51% of world production
- Significant operational challenges encountered in producing a technical
grade lithium product at a remote salar location.
- World projects have been characterized by low success in timing along
with budget and schedule overruns.
- The NRG strategy is founded on uncomplicated and rapid development,
minimal environmental impact, and joining an offtake partner who requires and industrial grade product.
- NRG desires a sustainable operation, and is currently negotiating with a
major supplier of solar energy systems to potentially power operations in Argentina, where the known solar resource is significant.
World production of lithium is an
- ligopoly controlled by four companies
which produce 89% of supply from all sources Albemarle produces 18%, SQM produces 21% and FMC produces 10%, all sourced from lithium brine Tianqi produce 40% of the worlds lithium supply from mineral sources in Australia
LITHIUM MARKET SUPPLY AND DEMAND
6
WORLD LITHIUM PRODUCTION FROM BRINE
Tianqi 40% SQM 21% Albemarle 18% FMC 10%
New entrants into the marketplace are required to meet future demand
Source Global Lithium 2015
Megatrends are driving lithium demand growth Electric vehicles including cars and buses (a Tesla has 112 pounds of lithium in its battery) Grid storage – potential demand could exceed electric vehicle demand Lithium ion battery technology key to renewable energy Lithium ion battery market is yet to reach maturity as new applications are continuously being defined
LITHIUM MARKET SUPPLY AND DEMAND
7
234,788 252,653 271,682 292,682 324,930 336,010 359,435 383,601 422,614 2017 2018 2019 2020 2021 2022 2023 2024 2025 GLOBAL LITHIUM CARBONATE EQUILVIANT DEMAND
METRIC TONNES
Source: Projection of Global Lithium Demand 2017
www.statista.com/statistics/452025/projected-total-demand-for-lithium-globally
NRG Metals has a strategic alliance with high-purity lithium battery producer in China www.chemphys.com Chemphy’s specializes in manufacturing lithium products for lithium battery materials, electronics and XRF spectrometry applications Chemphys Chemical Industry, founded in February 1998, is a private Australian-Chinese
- enterprise. The company is both
ISO9001 and ISO14001 certified Alison Dai, director at Chemphys, was added the board of Directors at NRG Metals Inc. in 2017
CHEMPHYS CHENGDU STRATEGIC ALLIANCE
8
- Ms. Alison Dai, of Chemphys is quoted, “We are pleased to have formalized
- ur strategic partnership with NRG and are committed to working with
NRG’s team to expedite the development of the HMN Project.”
DRILLING UNDERWAY AT TWO LITHIUM BRINE PROJECTS
9
HOMBRE MUERTO NORTH LITHIUM PROJECT
10
- In a 43-101 Technical Report dated March 7, 2012, Lithium
One provided a detailed log of diamond drill hole SVH11-21 with assay values that ranged from a low of 564 mg/L Li to a high of 895 mg/L Li over the 95m length of the hole.
- That hole is located 750 m south of the Tramo concession.
- In a press release dated April 10, 2017, Galaxy Resources
announced the initiation of production-well drilling at Sal de Vida, approximately two km south of the Tramo concession.
- Given robust exploration, development and mining activity in
the area, access to key infrastructure is excellent.
- Montgomery and Associates completed NI 43-101 Technical
Report in October 2017 recommending drill testing the claim group
PROJECT AREA HIGHLIGHTS
ARGENTINA
CATAMARCA
HOMBRE MUERTO NORTH LITHIUM PROJECT
11
- Property package of 3,287 hectares
- Package comprised of six concessions, located
in Salta Province, adjacent to Galaxy Resources Sal de Vida Li Project and FMC Li Fenix Mine
- Large amount of public data suggest the claims
are located in a high grade portion of the salar.
- Drill pads and road construction is complete
- High grade surface lithium results from recent
sample program
- Off-take agreement in place with Chemphys
Chengu for all lithium production from this site
PROJECT SUMMARY
DRILLING UNDERWAY
HOMBRE MUERTO NORTH LITHIUM PROJECT
12
HOMBRE MUERTO NORTH LITHIUM PROJECT
13
2018 SAMPLE RESULTS AND CHEMISTRY PROFILE
Sample Number Property Li (mg/l) K (mg/l) Mg (mg/l) Mg/Li SO4 HMN-1 Tramo 1120 8554 3594 3.2 9158 HMN-2 Tramo 792 6049 2392 3.0 9627 HMN-4 Tramo 1011 9236 2378 2.4 7441 HMN-6 Tramo 1216 10368 3718 3.1 5316 HMN-7 Alba Sabrina 353 3059 2674 7.6 10388 HMN-9 Natalia Maria 911 8857 1300 1.4 8528 HMN-11 Natalia Maria 793 8870 1075 1.4 7985
ARGENTINA
CATAMARCA
HOMBRE MUERTO NORTH LITHIUM PROJECT
14
PROJECT HIGHLIGHTS
- Tramo Claim road and pad completed
- All weather camp operational
- Other road areas and pads under construction
- HMN prelim drill results
- Drill Assay results
SALAR ESCONDIDO LITHIUM PROJECT
15
- Located in Catamarca Province, 40km south of
Antofagasta de la Sierra
- NRG controls a dominant portion of the basin
with a total of 29,192 hectares under option
- Drill tested in December 2017 confirms lithium in
target zone
- Nearby Galan Caldera
- Approximately 40km east of the large Antofalla
Salar
- Approximately 100km south of Hombre de Muerto
salar, location of the FMC lithium production facility and Sal de Vida lithium deposit owned by Galaxy Resources
PROJECT AREA HIGHLIGHTS
ARGENTINA
CATAMARCA
SALAR ESCONDIDO LITHIUM PROJECT
16
ARGENTINA
CATAMARCA
SALAR ESCONDIDO LITHIUM PROJECT
17
ARGENTINA
CATAMARCA
SALAR ESCONDIDO LITHIUM PROJECT
18
PROJECT CLAIM HISTORY
- Company completed a VES
survey across two of the claim blocks
- Surface sampling in fresh
water zone returned anomalous Li values up to 50ppm and high carbonate values
SALAR ESCONDIDO LITHIUM PROJECT
19
EXPLORATION HISTORY
- Preliminary interpretation
indicates four distinct zones
- Surface zones 1 and 2 are
dry sediments followed by sediments with fresh water / not conductive
- Middle zone is fresh water
and brine / semi-conductive
- Fourth zone which is the
target zone is highly conductive and has been confirmed to contain lithium bearing brine
SALAR ESCONDIDO LITHIUM PROJECT
20
PROJECT HIGHLIGHTS
- First drill hole completed in
December 2017
- Difficult geological conditions
allowed only limited sample recovery
- One fifteen meter sample
- btained from the top of the
target zone confirmed 229 ppm Lithium
- Program restarted April 2018,
with rig on site completing second hole
- May 2018 – Drilling reaches
400 meter target depth
DRILLING UNDERWAY
BOARD OF DIRECTORS AND MANAGEMENT
21 A d r i a n h a s 2 6 years of experience in the mining and venture capital industry, He has been involved in Guyana for over twenty years and founded the company to develop the Groete Gold Copper Deposit in 2006, the third largest gold deposit in
- Guyana. He has worked in many
countries including Argentina and is the largest shareholder of NRG Metals Inc., founding the company in 2016. Founder and President of Minera Andes from November 1995 until it’s combin- ation with McEwen Mining in 2012., Mr. Ambrose directed the exploration and completion of the San Jose Mine in Argentina for Minera Andes. He now sits
- n the board of McEwen Mining. He has
- ver 30 years experience in the mining
industry and is the co-discoverer of the Brisas Gold Deposit in Venezuela.
- Mr. de Castro has five years with
Argentine lithium producer OROCOBRE LTD. (ASX:ARE) from 2010-2015 as Country Manager and was responsible for the development of the Salar de Olaroz Lithium Project, a $ U.S. 300 million operation. He has extensive knowledge of lithium exploration, development and
- perations, having supervised the
work program for Orocobre at Salar de Olaroz, and Salinas
- Grandes. He has also held senior
positions FMC Lithium the
- perator of South America’s
largest lithium operation.
Christopher P. Cherry
Director &Chief Financial Officer: Mr. Cherry has over 14 years of corporate accounting and audit experience. Formerly an auditor with KPMG, Mr. Cherry has extensive corporate experience and has held senior-level positions for several public mining companies. He is a certified general accountant and a chartered accountant.
Jose de Castro
Director & Chief Operating Officer
Adrian F.C.Hobkirk
President & Chief Executive Officer
Allen V. Ambrose
Director Gordon Neal has more than 35 years experience in governance, corporate finance and investor
- relations. He founded Neal
McInerney Investor Relations in
- 1991. Through marketing more
than $4 billion in debt and equity financings, the company grew to be the second largest full service Investor Relations firm in Canada He is currently VP Corporate Development for Silvercorp Metals Inc.
Gordon K. Neal
Director
Fernando E. Villarroel
Directory & Project Manager
- Mr. Villaroel has 12 years of
experience in the mining industry in Argentina with a focus on Lithium process development. From 2009 to 2013 he worked with Lithium Americas Corp. (Minera Exar S.A.) as Project Manager which included construction management and commissioning of the initial pilot evaporation facilities and laboratory at the Cauchari Olaroz Lithium
- Project. He has also acted as a
consultant to Neo Lithium and International Lithium Inc. He holds a degree in Industrial Engineering and has specialized training in Data Modeling & Analysis for Business and Engineering from M.I.T.
Jan Urata
Corporate Secretary: Ms. Urata brings over 20 years experience in public company corporate finance and securities related matters including her years as a paralegal at McMillan. She also serves as a Corporate Secretary to other TSX Venture issuers.
- Ms. Dai has 7 years of experience in the
lithium industry and is responsible for business development and is a director for Chengdu Chemphys Chemical Industry Co., Ltd. In her role at Chemphys, Ms. Dai has been involved in developing strategic partnerships, international markets and procurement. Prior to joining Chemphys, Ms. Dai was an investment banking analyst at J.P. Morgan Australia in the mining and metals team. Ms. Dai holds a double degree in Bachelor of Laws and Bachelor
- f Commerce from the University of
Western Australia.
Alison Dai
Director
750 W Pender St. Suite 804, Vancouver B.C. Canada V6C-2T7 Ph: 855-415-8100 | Direct: 714-316-3272 ahobkirk@nrgmetalsinc.com