Patagonia Lithium Limited · ASX:PL3
Patagonia Lithium — Corporate Update (2023)
27 slides from Patagonia Lithium's corporate update, 2023
Slide 1: Patagonia Lithium Q3 2023 Investor Presentation
ASX:PL3 PATAGONIA LITHIUM Q3 2023 Investor Presentation
Slide 2: Disclaimer
Disclaimer NATURE OF THIS DOCUMENT FORWARD LOOKING STATEMENTS This presentation has been prepared by Patagonia Lithium Limited (ACN 654 004 403) (Company). The Statements and material contained in this presentation, particularly those regarding possible or assumed future information is based on publ
Slide 3: Board of Directors
Board of Directors Mr Phillip Thomas Mr Gino D’Anna Mr Paul Boyatzis Technical Support Executive Chairman Non-Executive Director Non-Executive Director Team Argentina • Phillip has more than 20 years’ experience • Paul has over 35 years' experience in the In Argentina we have the following consultin
Slide 4: Highlights
Highlights • Geological team completed sampling in May 2023 at Formentera Salar with 1,122ppm highest Lithium assay* *See ASX announcement “Sampling at Formentera and Cilon Assays 1,122ppm Lithium” on 2 June 2023. • MT geophysics shows substantial layers at 0.3-0.9 Ωm • Raised $8.6m (before costs) w
Slide 5: Project Overview
Project Overview Formentera Project Cilon Project Tomas III Project • The Formentera Project is the • The Cilon Project is adjacent to Both projects have submitted: • 571 hectares (5.71 km2) and is Company’s flagship project. the Formentera Project. • Environmental Impact located in an area dominate
Slide 6: Highlights Cont. – outstanding low resistivity provides bullseye drill targets
Highlights Cont. – outstanding low resistivity provides bullseye drill targets 500m depth 1122 ppm Lithium sample 20L brine sample taken near hole 1,122 L was sampled The geophysics show two hot spot zones with a resistivity below 0.5 Ohm-m To be tested using Ekosolve™ DLE system on each surveyed li
Slide 7: Resistivity goes down 1km increasing potential
Resisitivity goes down 1km increasing potential The inversion models for the Magneto-Telluric data describe a conductive setting, with two north northwest trending corridors of low resistivity beneath a sequence of more moderate and low resistivity layering in the uppermost 100m or so. The deeper co
Slide 8: Patagonia Lithium Ltd – drill hole plan
Patagonia Lithium Ltd – drill hole plan 8
Slide 9: Top Shareholders & Capital Structure
Patagonia Lithium Ltd - Top Shareholders & Capital Structure Shareholder Name Shares held at 3 June 2023 % Capital Structure 1 10 Bolivianos Pty Ltd 10,389,383 17.74% Shares on issue at date of replacement Prospectus 15,440,000 2 Fuyang Mingjin New Energy Development Co Ltd 10,000,000 17.08% Shares
Slide 10: Location Map of Cilon and Formentera near Jama Salar and Cauchari
Location Map of Cilon and Formentera near Jama Salar and Cauchari Cauchari/Olaroz salar ASX:LKE Major explorers Infrastructure – gas ASX:PL3 and producers pipeline, main such as Allkem, highways (sealed Lake Resources, town of Jama is Litica Resources closeby on Jama Salar are ASX:AKE nearby NYSE:LA
Slide 11: Latam Brine concentration vs Resource
Latam Brine concentration vs Resource Patagonia has no resource estimate but target based on 1725 Has Sampling results – highest was 1008ppm -1122ppm Lithium Note – log scale Referenced from Pursuit Minerals and Lake Resources Kachi Presentations 11
Slide 12: Sub surface sampling at Formentera/Cilon assays
Sub surface sampling at Formentera/Cilon assays 1122 and 1008 ppm Lithium SGS del Argentina S.A. See ASX announcement “Sampling at Formentera and Cilon Division Laboratorio. Environmental - Salta Assays 1,122ppm Lithium” on 2 June 2023. Order: SA23-00184 Cliente: PATAGONIA LITHIUM ARGENTINA S.A. Num
Slide 13: Formentera and Cilon Projects (Paso Salar)
Formentera and Cilon Projects (Paso Salar) Picture of Formentera and Cilon looking west Rainfall per year isohyet contour showing 50mm in yellow covers Formentera and Jama salars where it only rains in Jan Feb about 3mm. 13
Slide 14: Formentera/Cilon Projects – highest sampling was 1,122ppm Li
Formentera/Cilon Projects – highest sampling was 1,122ppm Li • The Cilon concession area is located on the southern boundary of Formentera. 199 hectares and located in an area dominated by clastic and saline sedimentation. • The Cilon Project includes an exploration application lodged in the Susques
Slide 15: Tomas III Project
Tomas III Project ASX:AKE • The concession area is approximately 571.5 hectares and is located in an area dominated by volcanics and sits about 300-600m above the surface of the salar. ASX:PNN • Includes an exploration licence application in the Tolar Grande Gangfeng Lithium department, Salta Provin
Slide 16: Tomas III Project – Salta province – MT geophysics lines
Tomas III Project – Salta province – MT geophysics lines Incahuasi Salar 1Km Concession Map of Tomas III, with geophysics lines in green Sections of both MT lines at Tomas III showing low resistivity in red 16
Slide 17: MT Geophysics at Tomas III – low resistivity unit
MT Geophysics at Tomas III – low resistivity unit means conductor layer – lithium brines may be present in the aquifer – drilling is next step The MT survey was able to penetrate down to 4000m And shows an anticline unit about 500m below the Surface, which has impacted the detrital layers above it.
Slide 18: 12-month Exploration Program at Formentera/Cilon and Tomas III
12-month Exploration Program at Formentera/Cilon and Tomas III 18
Slide 19: ASX-listed explorers in Argentina's Lithium Triangle
ASX-listed explorers in Argentina's Lithium Triangle Allkem Ltd ASX:AKE Lake Resources Ltd ASX:LKE Lithium Energy Ltd ASX:LEL Galan Lithium Ltd ASX:GLN Patagonia Lithium Formentera and Cilon Projects Power Minerals Ltd ASX:PNN 400km Patagonia Lithium Ltd ASX:PL3 Map includes other non ASX listed com
Slide 20: Global lithium-ion battery market size projection
"The global lithium-ion battery market size is projected to grow from USD 41.1 billion in 2021 to USD 116.6 billion by 2030; it is expected to grow at a CAGR of 12.3% from 2021 to 2030." - Business Wire, A Berkshire Hathaway Company 20
Slide 21: Global Highlights 2018-2030
Global Highlights 2018-2030 • EV sales during 2022 were over 10.2 million units, a 65% YoY growth. • EV’s accounted for over 14% of the world’s passenger vehicle sales in 2022, compared to 9% in 2021. • 7 out of the top 10 EV models in Q4 2022 were from Chinese brands. • Tesla remained the top-selli
Slide 22: Lithium Carbonate Spot Price (Dec 2021 - Present) CNY
Lithium Carbonate Spot Price (Dec 2021 - Present) CNY Lithium carbonate prices steadied above the CNY 300,000 per tonne mark since touching the three- month high of CNY 312,500 in early June as markets assessed robust demand for battery inputs against signs that producers are catching up to provide
Slide 23: Battery trends - Lithium solid state battery demand timeline
Battery trends -Lithium solid state battery demand timeline
Slide 24: Share of zero-emission vehicle sales by segment
Share of zero-emission vehicle sales by segment: Economic Transition Scenario and Net Zero Scenarios According to BloombergNEF, EV sales are surging due to a combination of policy support, improvements in battery technology and cost, more charging infrastructure being built, and new compelling model
Slide 25: Gigafactories are lowering production costs and increasing demand
Gigafactories are lowering production costs and increasing demand - supercharging the Li-Ion battery revolution and demand According to Albemarle, the largest lithium producer in the world, the lithium demand is anticipated to increase by 600% from 2019 to 2025 in the EV market The global lithium-io
Slide 26: Lithium Supply Outlook (2020-2030)
Lithium Supply Outlook (2020-2030) – 54 new mines at 45kpa needed 2030 "As EV growth is set to accelerate, we expect lithium demand to triple from current levels to 1mt LCE (lithium carbonate equivalent) by 2025. Beyond this, we estimate that lithium needs will further increase to 1.8mt LCE by 2030,
Slide 27: Patagonia Lithium
PATAGONIA LITHIUM www.patagonialithium.com.au For further information please contact the authorising officer: Phillip Thomas Executive Chairman Patagonia Lithium Ltd M: +61 433 747 380 E: [email protected] Patagonia Lithium Ltd ACN 654 004 403 Level 6, 505 Little Collins Street Melbourne