LITHIUM EXPLORATION IN ARGENTINA
Jose de Castro
Chief Operating Officer Buenos Aires T: +54 9 1144028155 E: jdecastro@nrgmetalsinc.com
Adrian F.C. Hobkirk
President and Chief Executive Officer T: 714-316-3272 E: ahobkirk@nrgmetalsinc.com
IN ARGENTINA Adrian F.C. Hobkirk Jose de Castro Chief Operating - - PowerPoint PPT Presentation
LITHIUM EXPLORATION IN ARGENTINA Adrian F.C. Hobkirk Jose de Castro Chief Operating Officer President and Chief Executive Officer Buenos Aires T: 714-316-3272 T: +54 9 1144028155 E: ahobkirk@nrgmetalsinc.com E: jdecastro@nrgmetalsinc.com
Jose de Castro
Chief Operating Officer Buenos Aires T: +54 9 1144028155 E: jdecastro@nrgmetalsinc.com
Adrian F.C. Hobkirk
President and Chief Executive Officer T: 714-316-3272 E: ahobkirk@nrgmetalsinc.com
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
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
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
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TSX Venture: NGZ OTCQB: NRGMF Frankfurt: OGPN
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exploration and development of lithium projects
uncomplicated, limited environmental footprint projects located in Argentina
located in an area of lithium production. Drilling tested and underway. Infrastructure built.
represents and exploration opportunity to make a significant new lithium
drilling now underway.
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
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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
Argentine lithium producer OROCOBRE LTD. (ASX:ARE) from 2010-2015 as Country Manager and was responsible for the development
a $ U.S. 300 million operation. He has extensive knowledge of lithium exploration, development and
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
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
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
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
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
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that account for 90% of the total market
grade lithium product at a remote salar location.
with budget and schedule overruns.
minimal environmental impact, and joining an offtake partner who requires and industrial grade product.
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
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
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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
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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
ISO9001 and ISO14001 certified Alison Dai, director at Chemphys, was added the board of Directors at NRG Metals Inc. in 2017
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NRG’s team to expedite the development of the HMN Project.”
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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.
announced the initiation of production-well drilling at Sal de Vida, approximately two km south of the Tramo concession.
the area, access to key infrastructure is excellent.
Report in October 2017 recommending drill testing the claim group
ARGENTINA
CATAMARCA
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in Salta Province, adjacent to Galaxy Resources Sal de Vida Li Project and FMC Li Fenix Mine
are located in a high grade portion of the salar.
sample program
Chengu for all lithium production from this site
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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
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Antofagasta de la Sierra
with a total of 29,192 hectares under option
target zone
Salar
salar, location of the FMC lithium production facility and Sal de Vida lithium deposit owned by Galaxy Resources
ARGENTINA
CATAMARCA
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ARGENTINA
CATAMARCA
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ARGENTINA
CATAMARCA
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survey across two of the claim blocks
water zone returned anomalous Li values up to 50ppm and high carbonate values
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indicates four distinct zones
dry sediments followed by sediments with fresh water / not conductive
and brine / semi-conductive
target zone is highly conductive and has been confirmed to contain lithium bearing brine
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December 2017
allowed only limited sample recovery
target zone confirmed 229 ppm Lithium
with rig on site completing second hole
400 meter target depth
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
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
industry and is the co-discoverer of the Brisas Gold Deposit in Venezuela.
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
work program for Orocobre at Salar de Olaroz, and Salinas
positions FMC Lithium the
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
McInerney Investor Relations in
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
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
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.
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
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 TSX.V: NGZ OTCQB: NRGMF Frankfurt: OGPN