AU GU ST 2017 The information contained herein is provided solely - - PowerPoint PPT Presentation
AU GU ST 2017 The information contained herein is provided solely - - PowerPoint PPT Presentation
AU GU ST 2017 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
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 preparation of this presentation was supervised by Mr. William Feyerabend, a Certified Professional Geologist and a member of the American Institute of Professional Geologists, and a Qualified Person as defined under National Instrument 43-101. Mr. Feyerabend approves the scientific and technical disclosure contained in this presentation.
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Listed TSX Venture symbol: NGZ OTC symbol: GPOFF Frankfurt symbol: OGPN
COMPANY HIGHLIGHTS
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- Company management are highly qualified and experienced in the
exploration and development of lithium projects
- Company objective is to quickly enter the lithium market by developing
technically uncomplicated, limited environmental footprint projects located in Argentina.
- Hombre Muerto North Project is located in an area of lithium production
and development.
- Salar Escondido Project is a drill ready, fully permitted, 29,000 hectare
claim block that represents an exploration opportunity to make a significant new lithium discovery.
- The market for lithium is expected to grow considerably over the coming
decade
LITHIUM TEAM
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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 Listed TSX Venture symbol: NGZ OTC symbol: GPOFF Frankfurt symbol: OGPN
CURRENT MARKET
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- 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.
- NRG will focus on identifying, and establishing a project with the intent of
producing an industrial grade lithium product.
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 / Albemarle produce 40% of the worlds lithium supply from mineral sources in Australia.
LITHIUM MARKET SUPPLY AND DEMAND
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WORLD LITHIUM PRODUCTION FROM BRINE
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
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GLOBAL LITHIUM CARBONATE DEMAND
METRIC TONNES
Source Global Lithium 2015
HOMBRE MUERTO NORTH LITHIUM PROJECT
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- 3,297 Hectare claim package comprised of six
concessions in Salta Province
- Adjacent to Galaxy Resources’ Sal de Vida lithium
development project and FMC Corp’s long-time producing Fenix lithium brine operations.
- 20 surface samples collected in 2016-2017 range from 48
to 1,064 mg/L Li, averaging 587 mg/L Li , with seven samples over 800 mg/Li.
- Magnesium to lithium ratios range from 1.1:1 to 10.2:1,
averaging 4.6:1 , which are low by industry standards.
- Geophysical data indicates zones of low resistivity,
interpreted to be potential lithium-bearing zones that are
- pen at depth.
PROJECT HIGHLIGHTS
HOMBRE MUERTO NORTH LITHIUM PROJECT
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- Large amount of public data
suggest the claims are located in a high grade portion of the salar.
- Company has applied for
permits that include exploration test wells, pumping well tests and evaporation test pond construction.
- Negotiations underway to
expand the land package.
SUMMARY
SALAR ESCONDIDO PALEO SALAR
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- Drill ready project 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.
- Road access direct to claim area, infrastructure
support nearby.
- Approximately 40km east of the large Antofalla
Salar, and approximately 100km south of Hombre de Muerto salar, location of the FMC lithium production facility and Sal de Vida lithium deposit
- wned by Galaxy Resources.
- Drill contractor selection currently underway with
drilling expected to commence fourth quarter 2017
PROJECT HIGHLIGHTS
SALAR ESCONDIDO PALEO SALAR
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SALAR ESCONDIDO PALEO SALAR
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20KM
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Company has 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 PALEO SALAR
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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 indicative of a brine zone with potential lithium mineralization
SALAR ESCONDIDO PALEO SALAR
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Nivaldo Rojas and Associates completed a NI 43-101 Technical Report which has been filed on Drill permits received for up to six test wells across the project Negotiations currently underway to select a drill contractor Drilling anticipated fourth quarter 2017
SALAR ESCONDIDO PALEO SALAR
BOARD OF DIRECTORS AND MANAGEMENT
16 Adrian has 26 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 combination 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 over 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
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
Direct & 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.