August 2016 Investor Presentation Liontown Resources Limited (ASX: - - PDF document

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August 2016 Investor Presentation Liontown Resources Limited (ASX: - - PDF document

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ASX : LTR ABN 39 118 153 825 ASX ANNOUNCEMENT August 2016 Investor Presentation Liontown Resources Limited (ASX: LTR) (Liontown or the Company) is pleased to provide the Companys latest Investor Presentation as attached. The

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Liontown Resources Limited, Level 2, 1292 Hay Street, West Perth, Western Australia 6005 T: +618 9322 7431 F: +618 9322 5800 E: info@ltresources.com.au www.ltresources.com.au

ASX ANNOUNCEMENT

August 2016 Investor Presentation

Liontown Resources Limited (ASX: LTR) (“Liontown” or the “Company”) is pleased to provide the Company’s latest Investor Presentation as attached. The presentation includes assays for the final 4 holes from drilling at the Bynoe Lithium Project in the Northern Territory (see Appendix 1 in the attached presentation). Significant results were returned from LBRC020 drilled at the Talmina West prospect and include:  2m @ 2.2% Li2O from 96m and  4m @ 1.3% Li2O from 110m. All other results from the drilling program were released in the ASX announcement titled “Thick zones

  • f strong lithium mineralisation intersected in maiden drilling program at Bynoe Project, NT” dated 26th

July 2016 and can be viewed at www.ltresources.com.au. The remainder of the presentation is based on information previously released to the ASX. DAVID RICHARDS Managing Director 1 August 2016

.

ABN 39 118 153 825 ASX : LTR

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August 2016 Investor Presentation

Leveraged exposure to high-grade lithium exploration

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2

Disclaimer

Competent Person’s Statement and Disclaimer:

  • The Information in this report that relates to Exploration Results for the Bynoe Project is based on and fairly represents information and

supporting documentation prepared by Mr David Richards, who is a Competent Person and a member of the Australasian Institute of Geoscientists (AIG). Mr Richards is a full-time employee of the company.

  • The Information in this report that relates to the Exploration Results for the Lake Percy Project is extracted from the ASX announcement

entitled “Liontown expands Australian lithium portfolio with joint venture on Lake Percy project in Western Australia” released on the 14th June 2016 and which is available on www.ltresources.com.au.

  • The Information in this report that relates to the Exploration Results for the Mohanga Project is extracted from the ASX announcement

entitled “Quarterly Activities Report for the period ended 31st July 2016” released on 21st July 2016 and which is available on www.ltresources.com.au.

  • The information in this report which relates to Mineral Resources for the Jubilee Reef Project is is extracted from the ASX announcement

entitled “Liontown Announces Maiden 390,000oz Mineral Resource for the Jubilee Reef Gold Project in Tanzania, East Africa” released on 30 November 2015 and which is available on www.ltresources.com.au.

  • The company confirms that it is not aware of any new information or data that materially affects the information included in the original market
  • announcements. The Company confirms that the form and context in which the Competent Person’s findings are presented have not been

materially modified from the original market announcement.

  • This report contains forward-looking statements which involve a number of risks and uncertainties. These forward looking statements are

expressed in good faith and believed to have a reasonable basis. These statements reflect current expectations, intentions or strategies regarding the future and assumptions based on currently available information. Should one or more of the risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary from the expectations, intentions and strategies described in this

  • announcement. No obligation is assumed to update forward looking statements if these beliefs, opinions and estimates should change or to

reflect other future developments.

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SLIDE 4

3

Corporate Overview

ASX Code LTR Shares on Issue ~697 million Market Capitalisation ~$14 million (at ~2 cps) Major Shareholders Tim Goyder ~26%, Lujeta ~7%, M. Fotios ~5%, G. Kluck ~5% Top 20 Shareholders ~64%

Mission: Acquiring and exploring high-grade lithium projects with the potential to supply the rapidly emerging lithium-ion battery sector

12 Month Share Price Performance

Board of Directors TIM GOYDER – Non-Executive Chairman

+30 years experience, MD – Chalice Gold, Chairman – Uranium Equities

DAVID RICHARDS – Managing Director

+30 years experience, former Managing Director – Glengarry Resources

CRAIG WILLIAMS – Non-Executive Director

+30 years experience, co-founder and former CEO – Equinox Minerals

ANTHONY CIPRIANO – Non-Executive Director

28 years experience, former partner at Deloitte

LEANNE STEVENS – Company Secretary

Chartered Accountant with >10 years experience

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SLIDE 5

Why Lithium?

  • Supply shortfall due to lithium batteries
  • Already seen in actual price

performance with high prices forecast to continue

  • An increasingly critical metal

4

“Amid a surge in demand for rechargeable batteries, companies are scrambling for supplies of lithium” (The Economist, 14 January 2016)

Commodity Price (Lithium Carbonate 99% China) Jan 2016 Mar 2015 8 20 14

“We estimate demand to more than triple from ~170kmt in 2015 to ~530kmt in 2025, led by lithium ion battery demand growth” Goldman Sachs – April 25th 2016

Source – Goldman Sachs (April 2016)

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SLIDE 6

Strongly leveraged to exploration success in lithium – market cap of just ~$14M

Investment Highlights

  • Bynoe Lithium Project (Northern Territory)
  • Significant spodumene-related mineralisation intersected in maiden drilling program
  • Rights to 100% of 88km2 tenement package near Darwin, >60 rare metal pegmatites identified
  • Follow up drilling scheduled for August 2016
  • Lake Percy Lithium Project (Western Australia)
  • Large ( up to 3km by 550m) pegmatites defined by historic Ni exploration
  • No previous lithium exploration
  • Mohanga Lithium-Tantalum-Gold Project (Tanzania)
  • Unexplored greenstone belt with large greenfields pegmatite field
  • Multiple high grade lithium and tantalum values
  • Strong gold-in-soils anomalism
  • Jubilee Reef Gold Project (Tanzania)
  • Inferred Resource ~ 390,000oz gold
  • Reviewing additional strategic metals opportunities worldwide

5

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Key Projects

Bynoe (NT, Australia)

  • >60 pegmatites identified
  • >1% Li2O (spodumene-related) mineralisation

intersected in first drilling program Lake Percy (WA, Australia)

  • Very large, unexplored pegmatites
  • Li occurrences documented along strike

Mohanga (Tanzania)

  • Significant greenfields pegmatite field
  • Strong lithium, tantalum and gold anomalism

Jubilee Reef Project (Tanzania)

  • Inferred Mineral Resource of 8.5 Mt @ 1.4g/t

for ~390,000 ozs gold

6

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Exploration work commenced; potential being unlocked

Bynoe Lithium Project

  • Acquired in February 2016
  • Comprises ~88km2 tenement package near

Darwin, Northern Territory – good infrastructure

  • Historical work has documented >60 pegmatites

within project area

  • Previous exploration focused on tin and

tantalum in weathered material (<20m deep) – lithium assays rare and often ineffective

  • 10 targets tested by maiden drilling program
  • >1% Li2O values intersected at 6 out 10

prospects

  • Follow up drilling scheduled for August 2016

7

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Initial drilling successful; potential confirmed

Bynoe Lithium Project

  • 10 targets tested by maiden drilling program

 >1% Li2O intersected at 6 prospects  Anomalous values associated with spodumene

  • Sandras

 Part of 1.5 to 2 km long pegmatite trend  Up to 40m thick  Better intersections include:

  • 42m @ 1.0% Li2O from 93m (LBRC014); and
  • 24m @ 1.1% Li2O from 70m (LBRC015)

 Defined over 300m length with strike extensions

  • bscured by transported cover

8 >1% Li2O

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SLIDE 10

Good widths – open at depth and along strike

Bynoe Lithium Project/Sandras

9

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Multiple untested pegmatites; significant exploration upside

Bynoe Lithium Project/Upside

10

Sandra’s Pegmatite

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Strategic land position with multiple lithium prospective pegmatites

Bynoe Lithium Project

Highlights

  • Liontown’s land position covers central part of

Bynoe pegmatite field*

  • >60 pegmatites documented* on LTR tenure
  • Initial drilling confirms widespread spodumene

related lithium mineralisation

  • Numerous untested pegmatites
  • Good infrastructure
  • Follow up RC drill program (~2,500m) planned

for August 2016

* Frater KM, 2005: Tin-tantalum pegmatite mineralisation of the Northern Territory. Northern Territory Geological Survey, Report 16 (Appendix 5) 11

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Key Projects

Bynoe (NT, Australia)

  • >60 pegmatites identified
  • >1% Li2O, spodumene-related mineralisation

intersected in first drilling program Lake Percy (WA, Australia)

  • Very large, unexplored pegmatites
  • Li occurrences documented along strike

Mohanga (Tanzania)

  • Significant greenfields pegmatite field
  • Strong lithium, tantalum and gold anomalism

Jubilee Reef Project (Tanzania)

  • Inferred Mineral Resource of 8.5 Mt @ 1.4g/t

for ~390,000 ozs gold

12

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Strategic location; large, untested pegmatites

Lake Percy Lithium Project

  • Right to 70% - JV with White Cliff Minerals
  • Very large pegmatites defined by historic nickel

exploration

  • Located in greenstone belt with lithium-bearing

pegmatites reported along strike to the south

  • Strategic setting in southern Yilgarn block –

host to a number of existing and emerging lithium deposits

  • Similar geological setting to nearby Forrestania

Belt

  • No previous lithium exploration
  • Field work to commence immediately

13

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Strategic location; large, untested pegmatites

Lake Percy Lithium Project

14

  • Pegmatites up to 550m

wide and 3km long defined by previous Ni drilling

  • No previous lithium

exploration

  • Strong weathering means

that spodumene unlikely to be preserved at surface

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SLIDE 16

Key Projects

Bynoe (NT, Australia)

  • >60 pegmatites identified
  • >1% Li2O, spodumene-related mineralisation

intersected in first drilling program Lake Percy (WA, Australia)

  • Very large, unexplored pegmatites
  • Li occurrences documented along strike

Mohanga (Tanzania)

  • Significant greenfields pegmatite field
  • Strong lithium, tantalum and gold anomalism

Jubilee Reef Project (Tanzania)

  • Inferred Mineral Resource of 8.5 Mt @ 1.4g/t

for ~390,000 ozs gold

15

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SLIDE 17

Unexplored greenstone belt; significant exploration potential

Mohanga Lithium Tantalum Project

  • Rights to contiguous ~180km2 ground package
  • Opportunity identified as a result of Liontown’s +5

years experience operating in Tanzania

  • Located in central Tanzania, ~40km N of the capital

Dodoma

  • Virtually no modern exploration – historical mapping

located numerous pegmatite-hosted lithium

  • ccurrences
  • Initial sampling returned high-grade lithium and

tantalum results = right type of pegmatites

  • Follow up exploration confirms large pegmatite field

plus strongly anomalous gold hosted by greenstone belt (similar setting to southern WA)

16

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SLIDE 18

17

Mohanga – Prospects and Pegmatites

Large pegmatite field and anomalous gold hosted by unexplored greenstone belt

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Key Projects

Bynoe (NT, Australia)

  • >60 pegmatites identified
  • >1% Li2O, spodumene-related mineralisation

intersected in first drilling program Lake Percy (WA, Australia)

  • Very large, unexplored pegmatites
  • Li occurrences documented along strike

Mohanga (Tanzania)

  • Significant greenfields pegmatite field
  • Strong lithium, tantalum and gold anomalism

Jubilee Reef Project (Tanzania)

  • Inferred Mineral Resource of 8.5 Mt @ 1.4g/t

for ~390,000 ozs gold

18

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19

Simba

  • Inferred - ~7.4Mt @ 1.4g/t gold
  • ~320,000oz

Panapendesa

  • Inferred - ~1.1Mt @ 2g/t gold
  • ~70,000oz

Total

  • Inferred - ~8.5Mt @

1.4g/t gold

  • ~390,000oz
  • 0.7g/t gold lower cut
  • JORC 2012

Simba – 3D view of mineralised lodes (looking NNE) Panapendesa – 3D view of mineralised lodes (looking N)

Jubilee Reef – Inferred Resources (2012 JORC)

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20

  • Drill results include:
  • 21m @ 4.7g/t Au
  • 23m @ 2.9g/t Au
  • 54m @ 2.6g/t Au
  • 29.7m @ 3.2g/t Au
  • Multiple mineralised

zones

  • Large scale, shallow

system

  • Exploration upside

open along strike and at depth parallel lodes undrilled prospects

Drill hole plan superimposed on magnetic (tilt) image

System defined over 1km strike – open to NE with potential for multiple, parallel lodes

Simba – Large Granite-hosted Gold System

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An opportunity to invest in one of the world’s hottest commodities

Key Reasons to Invest in Liontown

1. Significant lithium-tantalum projects secured in Australia and Tanzania 2. Maiden drilling program confirms significant new lithium discovery at Bynoe in the Northern Territory 3. Reviewing other opportunities in lithium – exposure to a promising growth commodity 4. Exposure to improving gold market 5. Experienced Board and Management with strong track record 6. Strongly leveraged to growth through exploration success – market cap of just ~$14M

21

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Thank you

Contacts David Richards (Managing Director) Tim Goyder (Chairman) +61 8 9322 7431 www.ltresources.com.au info@ltresources.com.au

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SLIDE 24

Appendix 1: Bynoe RC Drilling

23

Estimated true widths – to be confirmed by further drilling  BP33 – 33% of down hole widths  Lees – 100% of down hole width  Booths South – 75% of down hole widths  RR West – 75% of down hole widths  Sandras – 50% of down ole widths

* All 2m composite samples From (m) To (m) Interval (m) Grade (%) LBRC001 694533 8593573 23

  • 80

125 78 52 68 16 1.1 LBRC003 Booths South 695148 8995139 57

  • 60

245 96 LBRC004 694668 8595976 44

  • 70

180 90 66 70 4 1.1 LBRC005 694637 8595994 37

  • 90

180 90 66 68 2 0.8 LBRC006 Booths South 695073 8595223 53

  • 90

230 118 90 92 2 1.1 LBRC007 694710 8598552 29

  • 60

90 132 LBRC008 694697 8598502 31

  • 60

90 114 LBRC009 694780 8598450 28

  • 60

270 90 LBRC010 694744 8598643 27

  • 78

90 72 70 78 8 0.9 LBRC012 693222 8576799 55

  • 65

290 102 LBRC013 693252 8576866 52

  • 65

297 96 64 72 8 0.7 93 135 42 1 LBRC015 693307 8576976 53

  • 65

300 114 70 94 24 1.1 LBRC016 Martins 693783 8577524 49

  • 65

308 96 LBRC017 Turners 694058 8577814 58

  • 65

128 96 LBRC018 690764 8578236 44

  • 65

135 108 LBRC019 690829 8578162 45

  • 65

315 102 96 98 2 2.2 102 106 4 0.6 110 114 4 1.3 LBRC021 Martins 693847 8577462 51

  • 65

308 96 Hole ID Prospect Significant (>0.5%) Lithium Results * No significant assays LBRC002 BP33 694499 8593566 23

  • 60

125 78 East North RL Dip Azimuth Depth (m)

  • incl. 4m @ 1.6% from 56m and

2m @ 2.2% from 64m No significant assays LBRC011 RR West 692793 8589503 35 Bilatos No significant assays Lees Hang Gong 290 108

  • incl. 2m @ 1.9% from 76m

No significant assays

  • 65

No significant assays

  • incl. 6m @ 1.9% from 93m

LBRC014 693253 8576866 52

  • 80

297 162 and 2m @ 1.7% from 133m Sandras No significant assays

  • incl. 2m @ 2.0% from 112m

LBRC020 Talamia West 693354 8578620 69

  • 70

115 132

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Appendix 2: Mohanga Trenching

24

From To Interval Li2O% Ta2O5 ppm MOHTR001*

8252 11688

1207 10 230 35 14.3 18.4 4.1 4.93 1,862 13 18.4 5.4 214 20.2 22.5 2.3 1.79 712 MOHTR003*

8271 11649

1205.5 17 230 50 MOHTR004* 9008 14752 1268

  • 10

230 77 12.4 16.5 4.1 0.24 MOHTR005* 5878 11937 1246.5

  • 15

165 98 MOHTR006* 9012 14805 1286

  • 2

230 64 6 10 4 146 29.5 52 22.5 191 MOHTR008 9055 14719 1270

  • 3

200 40 MOHTR009 8953 14767 1274

  • 20

200 55 MOHTR010 10761 9365 1222 215 110 MOHTR011 8206 11746 1212

  • 10

20 35 MOHTR012 8201 11763 1211

  • 12

20 17 MOHTR013 7517 12429 1280

  • 5

45 101 61 62.5 1.5 226 63.7 64.4 0.7 181 67.5 70.5 3 137 74.5 78 3.5 230 MOHTR015 4024 13538 1226 5 34 3 4 1 197 8 16.3 8.3 395 MOHTR017 3965 13488 1223 315 35 MOHTR018 4151 13507 1210

  • 15

30 50 MOHTR019 4060 13386 1222 10 30 101 MOHTR020 4312 12359 1412 20 10 79 MOHTR021 1367 13945 1312 5 10 140 MOHTR022 1060 13407 1252

  • 15

10 145 MOHTR023 8277 11433 1312

  • 30

45 110 including 2m @ 943ppm Ta2O5 from 9m and 2m @ 520ppm Ta2O5 from 13m No significant assays No significant assays 4093 13158 1247 30 156 20 42 MOHTR014 Azimuth Length (m) Significant Results (>0.2% Li2O and/or >100ppmTa2O5) Hole_ ID East North RL Dip MOHTR002* Not sampled No significant assays including 6m @ 407ppm Ta2O5 from 36.5m MOHTR007* 28 4025 13550 1234.5 240 60

8270 11682

1205.5 12 230 MOHTR016 3990 13521 1226

* Previously reported Trench intersections interpreted to equivalent to true thicknesses