TSXv.Li
EXPLORATION AND DEVELOPMENT OF LITHIUM DEPOSITS THROUGHOUT THE AMERICAS
Investor Presentation | May 2018
TSXv.Li EXPLORATION AND DEVELOPMENT OF LITHIUM DEPOSITS THROUGHOUT - - PowerPoint PPT Presentation
TSXv.Li EXPLORATION AND DEVELOPMENT OF LITHIUM DEPOSITS THROUGHOUT THE AMERICAS Investor Presentation | May 2018 FORWARD LOOKING STATEMENTS This presentation may include statements which, other than statements of historical facts, may be
Investor Presentation | May 2018
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This presentation may include statements which, other than statements of historical facts, may be considered "forward–looking statements“. These may include, but are not limited to, statements with respect to the future financial or operating performance of the Company and its projects, the future price of lithium or other metal prices, the estimation of mineral resources, the timing and amount of future production, costs of production, capital, operating and exploration expenditures, costs and timing of development of new deposits, costs and timing of future exploration, requirements for additional capital, government regulation of mining operations, environmental risks, reclamation expenses, title disputes or claims, limitations of insurance coverage and timing and possible outcome of regulatory matters. Often, but not always, forward–looking statements can be identified by the use of words such as "plans", "expects", "budgeted", "scheduled", "estimates", "forecasts", "intends", "anticipates", or "believes" or variations (including negative variations) of such words and phrases, or statements that certain actions, events or results "may", "could", "would", "might" or "will" be taken, occur or be achieved. Information inferred from the interpretation of drilling results and information concerning mineral resource estimates may also be deemed to be forward–looking, as it constitutes a prediction of what might be found to be present when and if a project is actually developed. Although the Company believes the expectations expressed in such forward–looking statements are based on reasonable assumptions, such statements involve known and unknown risks, uncertainties and assumptions, and are not guarantees of future performance and actual results may differ materially from those expressed in the forward–looking statements. Such factors include, among others: general business, economic, competitive, political and social uncertainties; the actual results of current exploration activities, actual results of reclamation activities; conclusions of economic evaluations; currency fluctuations; changes in project parameters as plans continue to be refined; changes in labour costs or costs of equipment or processes to operate as anticipated; accidents, labour disputes and other risks of the mining industry, including but not limited to environmental hazards, cave–ins, pit–wall failures, flooding, rock bursts and other acts of God or unfavourable operating conditions and losses, detrimental events that interfere with transportation of lithium, including declaration of Force Majeure events, insurrection or war; delays in obtaining governmental approvals or financing or in the completion of development or construction activities. Although the Company has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in forward–looking statements, there may be other factors that cause actions, events or results to differ from those anticipated, estimated or intended. There can be no assurance that forward– looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward– looking statements. Michael Collins, P.Geo. is the Q.P. as defined in National Instrument 43-101 and based on standards established by the Canadian Institute
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Experienced team successfully built major oil sands company from inception to over $2Bil producing commercial entity and has been instrumental in the development of a major Lithium brine project in Argentina. Rapidly acquiring large & robust lithium brine portfolio Over 18,0000 acres (7,200 hectares) in Nevada Have drilled 4 sonic holes to 500’ at opposite ends of property, and completed initial geophysical basin study with phase 2 basin model underway. 55 near-surface samples from Central North Playa averaged 150mg/L and ranged from 100 - 300mg/L. Lean share structure: ~35.9 million shares outstanding, ~66.7M fully-diluted Established strategic financing partnerships with experienced industry participants
Actively engaged in the acquisition, exploration and development of strategically located lithium projects in mining-friendly jurisdictions around the globe.
Financial Information (2018.05.15)
Share price $0.28 52 week high / low $0.16-0.55 Shares Outstanding 35,910,672 Stock Options 3,550,000 Warrants 27,303,898 Fully Diluted 66,764,570 Cash Position CAD$2.7 Mil Market Capitalization $10,082,988
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Lithium Demand Grew at 8% CAGR & Expected to Grow at 14% Going Forward
Application Lithium Carbonate Content
Cell Phone 3 grams ~ 0.1 oz Notebook 30 grams ~ 1.0 oz Power Tool 30-40 grams ~ 1.0-1.4 oz Hybrid (HEV) 3wkWh 3.5 lbs Plug-in Hybrid (PHEV) 15kWh 26 lbs Electrical Vehicle (BEV) 25kWh 44 lbs Tesla 85 kWh 112 lbs
Grid Storage
Potential Demand Cloud Exceed Electric Vehicle
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Fish Lake Valley Over 18,000 acres
Fish Lake Valley project lithium brine located 38 km from Albemarle's Silver Peak (Clayton Valley) Our nearest neighbour is the Global Geoscience Lithium Claystone project, and just one valley away is the oldest & largest lithium mine in the U.S. at Clayton Valley 3.5 hr. from Tesla Gigafactory
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Dominant land holder with over 18,000 contiguous acres Historic Boron Mine – North Playa (circa 1880 at 4 tons daily). Known & well understood lithium brine basin - Phase 1 Exploration Programs completed 2009-2015 included drilling & detailed gravity survey. Geological and geophysical characteristics analogous to Clayton Valley basin located to the southeast. North Playa Phase 2 Exploration Program completed 4 holes to 500’ and 214 near-surface brine samples. Completed preliminary Geological Model of North and South Playas and surrounding hills. Confirmed gravity low. Commencing model refinement in preparation for 2018 drill program.
One of the most promising & largely undeveloped lithium brine basins in North America
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214 shallow brine samples collected and assayed Li values ranging from trace to 300 mg/l 55 samples from center of north playa range from 100mg/l to 300mg/l 3 sonic drill hole up to 500 feet drilled with 13A showing a sodium spike at bottom Completed Phase 1 addition mapping and geophysics for Basin model
Highlights
Completed initial extraction tests on the North Playa shallow sedimentary clays
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Q2 2016 - Acquired South Playa (2,882 acres) 69 placer claims 19 association placer claims
Located in a desert basin that exhibits similar geological and geophysical characteristics to Clayton Valley where lithium brines accumulate in faulted sub-basins, or "traps“. Map shows depth contours (200 m) and major faults.
Field mapping: expand basin model Two bore holes <500’ not tested at depth Additional gravity work
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Handbook of Lithium and Natural Calcium Chloride – Their Deposits, Processing, Uses and Properties. Garrett, Donald E., 2004; Elsevier Academic Press. * The detailed disclosure contained in the NI 43-101 Technical Report is hereby incorporated in summary by reference in this presentation. The full text of the Technical Report may be accessed online under the SEDAR profile of Lithium Corp. at www.sedar.com
National Instrument 43-101 titled Technical Report, Fish Lake Valley Lithium - Brine Property, Esmeralda County, Nevada, Nov 30, 2015* In-Sediment Concentrations:
Lithium 116 ppm to 1040 ppm (average 540.7 ppm) Boron 110 ppm to 4070 ppm (average 1772 ppm) Potassium TBD ? Magnesium 0.35% to 6.37% (average 2.09%)
Lithium
ranging from 0.81 mg/L to 150 mg/L
Boron
from <1 mg/L to 2670 mg/L
Potassium
TBD ?
Magnesium
from 0.116 mg/L to 41.5 mg/L
Brines tested to-date also contain anomalous concentrations of
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Mine Product Lithium Carbonate (Li2CO3) Spodumene Concentrate (6% Li1O) Lithium Carbonate (Li2CO3) Value of Mine Product Long Term Price ($/t) 8000 600 8000 Typical Grade 500-1---ppm Li (0.1-0.2% Li2O) 4500-7000pm 1.0-1.5% Li2O 1500-3000ppm Li (0.4-0.6% Li2O) Estimated Cash Costs ($/tonne Li2 CO3) 2500-4000 6000+ Target 3500-4500* Basic Steps to Produce Lithium Carbonate Pumping Evaporation Crystallization Precipitation Mining Crushing and Grinding Concentration Shipping Roasting Acidification Mining Crushing Acid Leaching Crystallization and Precipitation
Regional sedimentary clays may also have Boron co-product of similar value
Brine Pegmatite Sedimentary
Source: Global Geosciences
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Phase 2 basin model Drill 13A clone to 1800 feet Identify additional deep drill locations for lithium brines Grid sample existing and newly acquired claims for lithium claystone Identify shallow drill sites for the lithium claystone Photogrammetry survey
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Michael Kobler
CEO & Director Over the past 35 years, Michael Kobler has specialized in identifying, acquiring, developing and producing natural resource
variety of roles for early stage companies including, Chairman, Chief Executive Officer, President, Technical Advisor, Engineer and Project Manager, and has been a founder and a major shareholder in a number of these ventures. Mr. Kobler has a strong record of success in the exploration, permitting and de-risking of resource projects. His expertise in identifying opportunities through detailed examination of all available information combined with his in-depth knowledge of permitting processes, including detailed environmental work, and dealing with issues related to water supply have positioned him for projects across North and South America. In 2005, Mr. Kobler was a Co-Founder and the
core of Osum’s projects at Cold Lake and the Saleski carbonates, both in Alberta. During his tenure with Osum, Mike oversaw the growth of the company from start-up to a valuation approaching $500 million; he also hired his successors to ensure the smooth transition of the Company to its next phase of growth and an equity value approaching $2 Billion. Mr. Kobler holds a BSc in Mining Engineering from Montana Tech.
Andrew Bowering, B.A.
Director Andrew Bowering is a venture capitalist with 30 years of operational experience and leadership in mineral exploration and development
metals from early exploration through to production. Mr. Bowering is an owner and founder of Sunrise Drilling Ltd. and has owned and operated drilling companies for the past 20 years. Mr. Bowering has held senior management positions in a variety of capacities. He has been responsible for the acquisition and sale of several assets and the raising of upwards of $250 million in development capital. He has operated and managed programs throughout North and South America and abroad. He is a founder, director and shareholder of Millennial Lithium Corp, and other publicly traded companies primarily focused in the battery metals space.
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and international. In this time, he has established a proven history of success in creating strong management teams and helping grow new resource ventures into prosperous operations. His entrepreneurial spirit combined with his all-encompassing technical, operational, and financial knowledge on the logistics and complexity in this sector are the talents that have led to his success in helping create and monetize value in the resource development sector. Of recent note, Mr. Squires was part of the original executive team of Osum Oil Sands Corp., a successful junior oil sands company, in which he was instrumental in creating the team and helping raise over $1 Billion in private equity taking the company to commercial production. Prior to starting Osum Oil Sands, Mr. Squires worked for his own consulting firm providing services for clients including Exxon, Pemex, PetroCanada and Chevron. Mr. Squires' engineering and management skills were honed working for companies such as Dominion Exploration, Paramount Resources and Amoco. Mr. Squires is currently an executive advisor for Osum Oil Sands Corp., President of AXS Industries - a global energy investment advisory firm, a Senior Associate of Renown AMG (upstream energy asset management company), and is actively engaged in a number of start-ups and financings in the energy storage, oilfield equipment, and aerospace fields. Mr. Squires holds a B.Sc. in Mechanical Engineering from the University
Andrew Squires, B.Sc.
Director
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Dana Brock, P.E., R.G., C.E.G.
Consultant
Dana Brock is a field oriented Civil Engineer, Geologist and Engineering Geologist. For over 30 years, he has performed and directed investigations, designed facilities and supported large scale construction and remediation projects. His experience spans a broad range of projects in the U.S. and ten other countries, including facilities development for geothermal well fields (Calpine, Unocal Geothermal, Kiewit, CalEnergy, Coso Operators); exploration, drilling and resource management for low temperature and mineralized waters (Sonoma Mission Inn, City of Calistoga and 29 Palms, Crystal Geyser and Mendocino Mineral Water); private and municipal water supply, distribution, impoundment and disposal (Cities of San Francisco, Santa Rosa, and Burlingame, Kendall-Jackson Wines and DeLoach Wines); basin management and due diligence and technical support for legal issues involving geothermal and oil well fields, mineral prospects and underground construction (Deutsche Bank, Florida Power and Light, Mission Energy, Gordon & Rees and Los Angeles Metropolitan Transportation Authority).
Technical Consultant
Field Studies at the University of Texas, Dallas, was retained as Technical Consultant to the Company effective June 1,
in the Fish Lake Valley, to develop a geological model of the Company’s 18,552 acre lithium brine project. Dr. Oldow’s work includes geologic mapping and the application of structural and stratigraphic analysis, along with potential field geophysics, GPS geodesy and terrestrial laser scanning to advance understanding of regional tectonics. Dr. Oldow’s past geophysical work in Fish Lake Valley, including a detailed gravity survey which defined historical gravity lows in both the North and South Bowl Playas, as deep sub- basins, was instrumental in directing the acquisition of the Company’s South Bowl Playa property and optimizing our current 13 hole drill program in the North Bowl Playa.
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Contiguous land position, over 18,000 acres in Fish Lake Valley Lithium brines, clays and claystone identified Very low magnesium found with the surface brines Geothermal field proximal to the land position Close to major interstate transportation hub Nevada, good North American mining history Drilling permits in place, reclamation bonds in place New players developing different lithium brine separation technology American Lithium developing its own lithium clay and claystone separation technology
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Michael Kobler
CEO & Director
1507-1030 West Georgia St. Vancouver, British Columbia, V6E 2Y3
Exchange Symbol TSX Venture Li Exchange Symbol OTCQB LIACF Exchange Symbol Frankfurt 5LA1 / WKN: A2DWUX
American Lithium Corp.
info@americanlithiumcorp.com www.americanlithiumcorp.com