The New Oil A Perfect Hedge? J u n e 2019 T S X V : P L U | OTC - - PowerPoint PPT Presentation

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The New Oil A Perfect Hedge? J u n e 2019 T S X V : P L U | OTC - - PowerPoint PPT Presentation

The New Oil A Perfect Hedge? J u n e 2019 T S X V : P L U | OTC Q B : P L U U F Cautionary Language The particulars contained herein were obtained from sources which we believe reliable but are not guaranteed by us and may be incomplete.


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The New Oil – A Perfect Hedge?

J u n e 2019

T S X V : P L U | OTC Q B : P L U U F

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Cautionary Language

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The particulars contained herein were obtained from sources which we believe reliable but are not guaranteed by us and may be incomplete. The opinions expressed are based upon our analysis and interpretation and are not to be construed as a solicitation or offer to buy or sell the securities mentioned herein. This presentation includes certain forward-looking statements concerning the future performance of Plateau Energy Metals’ business, operations and financial performance and condition, as well as management's objectives, strategies, beliefs and intentions as at June 5, 2019. Forward-looking statements are frequently identified by such words as "may", "will", "plan", "expect", "anticipate", "estimate", "intend" and similar words referring to future events and results. Forward-looking statements are based on the current opinions and expectations of management. Forward-looking statements and forward-looking information include, but are not limited to, statements with respect to estimated production and mine life; the future price of lithium and uranium; the estimation of mineral reserves and resources; the realization of mineral resource and reserve estimates; the timing and amount of estimated future production; costs of production; success

  • f exploration activities; and currency exchange rate fluctuations. Except for statements of historical fact relating to Plateau Energy Metals, certain information contained herein constitutes forward-looking
  • statements. All forward-looking information is inherently uncertain and subject to a variety of assumptions, risks and uncertainties, including the speculative nature of mineral exploration and development,

fluctuating commodity prices, competitive risks, the availability of financing, variations in grades or recovery rates, the interpretation of drill results, the geology, grade and continuity of mineral deposits and conclusions of economic evaluations, results of any initial feasibility, pre-feasibility and feasibility studies, and the possibility that any future exploration, development or mining results will not be consistent with

  • ur expectations. mining and development risks, including risks related to accidents, equipment breakdowns, unanticipated difficulties with or interruptions in exploration and development, the potential for delays

in exploration or development activities or the completion of feasibility studies, if any, the uncertainty of profitability based upon the cyclical nature of the industry in which we operate, delays in obtaining governmental approvals or in the completion of development or construction activities, risks related to environmental regulation and liability, political and regulatory risks associated with mining and exploration, risks related to the certainty of title to our properties, risks relating to international operations, fluctuating currency exchange rates, changes in project parameters, the possibility of project cost overruns or unanticipated costs and expenses, labour disputes (including work stoppages and strikes) and other risks of the mining industry, failure of plant, equipment or processes to operate as anticipated, as described in more detail in the Company's recent securities filings available at www.sedar.com. Actual events or results may differ materially from those projected in the forward-looking statements and Plateau cautions against placing undue reliance thereon. Neither Plateau Energy Metals nor its management assume any obligation to revise or update these forward-looking statements. The preliminary economic assessment is preliminary in nature, it includes inferred mineral resources that are considered too speculative geologically to have the economic considerations applied to them that would enable them to be categorized as mineral reserves, and there is no certainty that the preliminary economic assessment will be realized. Qualified Persons

  • Mr. Ted O’Connor, P.Geo., a Director of Plateau Energy Metals, and a qualified person as defined by National Instrument 43-101 Standards of Disclosure for Mineral Projects, has reviewed and approved the

scientific and technical information contained in this presentation.

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FALCHANI LITHIUM PROJECT

Plateau Energy Metals

Electric Revolution

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“Air pollution is considered the greatest environment risk to health” “Air pollution kills 1.1 million in India and more than 3 million people each year”

  • World Health Organization

4 Plateau Energy Metals

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The World is Changing

Source: Benchmark Mineral Intelligence, February 2019 publication (Financing 2030: How Much Money & Material is Needed to Make the EV Supply Chain Happen?)

Canada Target of 30% penetration of EV sales by 2030 (Quebec targeting 100% zero emissions by 2050) BC recently tabled Zero Emissions Vehicles Act – 100% zero emission new vehicle sales by 2040, targets starting 2025 at 10% USA No federal target set, 10 states have set targets for 100% zero emissions vehicles by 2050 Mexico & Brazil Target of 30% penetration of electric vehicle sales by 2030 Israel Proposal to end ICE sales by 2030 India Proposal to end ICE sales by 2030 China Target of 5% penetration of EV sales by 2020, 20% by 2025 Japan & South Korea Target of 30% penetration of EV sales by 2030

Government Policy Continues to Support Electric Vehicle Adoption

UK & France Proposal to end ICE (internal combustion engines) by 2040 Norway & Netherlands Proposal to end ICE sales by 2035 Germany Proposal to end ICE sales by 2030 Italy Target of 30% penetration of EV sales by 2030 Europe Considerations for EU wide ban of ICE by 2030

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Lithium – Adopted Battery Technology

* Source: Visualist Capital (February 2017)

Lithium-ion batteries are essential in current and future technology as the world becomes greener.

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Lower Battery Costs = Mass Adoption

Since 2010, +80% reduction in cost per kWh, and with 25% of the cost of an electric vehicle (EV) being the battery, more affordable EVs will hit the market, leading to mass adoption.

* Source: Benchmark Mineral Intelligence

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Lithium – A Growing Need

Growing Sectors Consumers Demand Demand for lithium is growing 20% per year *

* Source: Benchmark Mineral Intelligence

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Lithium – Be an Early Adopter

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Electric Car Adoption Rates

* Source: Dent Research

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FALCHANI LITHIUM PROJECT

Plateau Energy Metals

The New Oil – A Perfect Hedge?

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Macusani Uranium Project

Early Development Stage

Falchani Lithium Project

Advanced Exploration Stage 11

Plateau’s Projects in Peru

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Falchani Lithium Project

Sixth Largest Hard Rock Lithium Deposit in the World *

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Quality

  • Potential for

battery grade lithium carbonate 99.74% with low impurities Development Potential

  • Amenable to
  • pen pit mining

Growth Potential

  • Estimated to be 6th

largest Li deposit globally

  • Resource estimate

based on only ~30%

  • f target area

Excellent Infrastructure

  • Easy transport
  • Low cost power
  • Labour
  • Water

Supply Security (Peru)

  • Geopolitical

stable jurisdiction

  • Responsible

mining practices

* Based on the Company’s review of publicly available information as at March 4, 2019

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Kick off PEA Appointed Advisory Board Resource Update

  • Expanded resources +90%

Falchani Lithium: Growth Plan

David Laing

Q1 2019 (complete) Q1 2019 (complete) Q1 2019 (complete)

Metallurgical Studies Ph II

  • Completed Phase I studies
  • Currently evaluating four conventional

process routes to identify preferred path Q2 2019 Q2 2019

Techno-economic trade-off Studies

  • High-level trade-off studies to

select one or more optimal processing route(s) End of H1 2019

Falchani PEA

  • Targeting PEA at the

end of H1 2019 13

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PlateauEnergyMetals.com (416) 628-9600 Alex@PlateauEnergyMetals.com @pluenergy

Alex Holmes, CEO & Director

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Plateau Energy Metals

Appendix

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Corporate Overview

Philip Gibbs

CFO

  • Toronto ● CMA
  • 30+ years financial management

experience

Technical Consultants

Alex Holmes

CEO & Director

  • Vancouver ● Capital Markets
  • Project Evolution ● MSc IM
  • Prev. VP BD True Gold Mining

Shares outstanding* ~79.5 million Options ~7.8 M @ C$0.35 – C$1.14 Warrants ~5.0 M @ C$0.90 – C$1.25 Fully diluted ~92.3 million

TSX-V: PLU | OTCQB:PLUUF

Laurence Stefan

President, COO & Director

  • Peru ● Geologist
  • Exploration & Dev. ● PhD
  • Founder since 2007

Ted O’Connor

  • Prof. Geologist & Director
  • Saskatoon ● Geologist
  • Uranium Expert
  • 20+ years Cameco

Wayne Drier

Director

  • Vancouver ● Finance & Ops
  • CFO, Ero Copper

Alan Ferry

Chair, Director

  • Toronto ● Geologist, Analyst
  • Director, Guyana Goldfields

Maryse Belanger

Director

  • Vancouver ● Engineer & Ops
  • President & COO, Atlantic Gold

Christian Milau

Director

  • Vancouver ● Finance & Ops
  • CEO, Equinox Gold

Analyst Coverage Market capitalization ~C$46 million Recent share price* C$0.58

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* As at June 5, 2019

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Value Chain Comparison*

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Macusani Uranium Project

Early Development Stage

Strong Project Economics (1)

  • NPV = US$603M
  • IRR(8%) = 40.6%
  • Payback = 1.8 yrs
  • Large, low cost

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Growth Potential

  • Scalable, flexible

mine plan

  • Porous volcanic

rock -> rapid leach, low acid Control all U3O8 Resources in Peru (2)

  • M&I resources =

52.9 Mlbs U3O8

(3)

  • Inferred resources

= 72.1 Mlbs U3O8

(4)

Excellent Infrastructure

  • Easy transport
  • Low cost power
  • Labour
  • Water

Located in Peru

  • Geopolitical

stable jurisdiction

  • Responsible

mining practices

(1) Refer to NI 43-101 technical report as filed on SEDAR on Feb 10, 2016; using US$50/lb uranium price (2) Refer to NI 43-101 technical report as filed on SEDAR on Jun 22, 2015 (3) At an average grade of 248ppm (75ppm U cut off) (4) At an average grade of 251ppm (75ppm U cut off)

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EIA work & Permitting Clarity Exploration Resource Update Updated PEA & FS fast track

Macusani Uranium: Growth Plan

Scope and initiate work programs on tank leach, vat leach and pre-concentration for potential optimized development plan

Optimization Work

2019+ 2019+ H2 2019 H2 2019 H2 2019

Environmental Assessment work to continue advancing project Anticipating legal framework for uranium transport and export to be solidified Follow up on extensions to known deposits, in between existing deposits and improved definition on deposits outside PEA mine plan Based on exploration and data interpretation success, evaluate a resource update in H2 2019 Targeting PEA late 2019 Advance to feasibility - ~18-24m

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Enabling the New Energy Paradigm

T S X V : P L U | OTC Q B : P L U U F