Lancaster Resources Inc · CSE:LCR
Lancaster Resources — Investor Presentation (January 2024)
32 slides from Lancaster Resources's investor presentation, January 2024
Slide 1: Supplying the Transition to a Low Carbon Economy
SUPPLYING THE TRANSITION TO A LOW CARBON ECONOMY CORPORATE PRESENTATION JANUARY 2024 CSE: LCR | OTCQB: LANRF | FRA: 6UF0
Slide 2: Who we are
LANCASTER RESOURCES INC. CURRENT PROJECTS Who we are INCLUDE Alkali Flat Asset Trans Taiga Asset A dynamic exploration company dedicated to the energy transition. Discovering critical minerals crucial for electrification and decarbonization. Developing projects with minimal environmental impact, powe
Slide 3: Highlights
HIGHLIGHTS We are developing carbon free Highly analogous to the world Net Zero lithium supply chain. Through the famous Clayton Valley, the Alakli Flats Project lies within a mining Top Tier Jurisdiction Lithium development friendly jurisdiction including extensive infrastructure Net Zero Lithium,
Slide 4: Energy Transition Opportunity
ENERGY TRANSITION OPPORTUNITY “The Energy Transition is the greatest Economic Opportunity of our time. The World is shifting towards a Low-Carbon Future, and those who invest in the Transition today will reap the Rewards tomorrow.” - Adnan Z. Amin, Former Director-General of the International Renewa
Slide 5: Why Lithium?
WHY LITHIUM? EV MARKET FUELS LITHIUM DEMAND Lithium is essential for “I don’t see any producing the lithium-ion major price decline any time soon batteries used in EV’s, because demand is laptops, etc.. going to keep growing as more EVs come into the By 2040, lithium demand could grow by more than 1
Slide 6: Why Now?
WHY NOW? Global investment in the low-carbon energy transition totaled $1.1 Trillion in 2022 • A new record and a huge increase from 2021 –drove faster deployment of clean energy technologies. • Renewable energy, which includes wind, solar, and other renewables, remained the largest sector in invest
Slide 7: Electric Vehicle Market
ELECTRIC VEHICLE MARKET $500 40M BILLION TONNES Amount that the automotive Amount of carbon-dioxide industry is expected to invest equivalent of GHC emissions were by 2030 to transition to EVs (1). saved by the use of EVs globally Increasing in 2021. (4) Demand for Electric Vehicles (EVs) Number 52%
Slide 8: Why Now – USA IRA Inflation Reduction Act
WHY NOW – USA IRA Inflation Reduction Act • Single largest investment in climate and energy in American history • Enabling America to tackle the climate crisis and advancing environmental justice, • Securing America’s position as a world leader in domestic clean energy manufacturing and putting the U
Slide 9: Why New Mexico & Quebec
WHY NEW MEXICO & QUEBEC Location, Location, Location • Both jurisdictions are top tier mining jurisdictions, with Quebec Pegmatite being the most sought after globally • New Mexico playas are underexplored for Lithium brines Trans-Taiga • Close proximity to all Gigafactories/BESS plants in North Ame
Slide 10: New Mexico & Quebec Renewable Leaders
NEW MEXICO & QUEBEC RENEWABLE LEADERS New Mexico is a hub for renewable energy production • Second in the USA for Solar potential and tenth in Wind potential. • Operating Geothermal power only 8mi to the south of Alkali Flats. • In discussions to initiate a Solar PV project in New Mexico alongside o
Slide 11: Net Zero Lithium
Net Zero Lithium Clean Energy Sources used to Carbon Free Electric Vehicles • Using the abundance of clean energy sources in New Mexico, Lancaster aims to develop a world class lithium brine project at its Aklali Flats Project. • Lancaster’s management team is proud to work towards reducing the curr
Slide 12: Alkali Flats Lithium Brine Property Overview
ALKALI FLATS LITHIUM BRINE PROPERTY OVERVIEW Geochemical Data Geophysics Data Up to 149 ppm Li Drone Survey in May & in samples Magneto Telluric in August Alkali Flats Asset Drill Program Excellent Access Permits applied for and Interstate Highway and Railway drilling to commence on or beside the pr
Slide 13: Alkali Flat Lithium Brine Property Overview
ALKALI FLAT LITHIUM BRINE PROPERTY OVERVIEW Geochemical Data Nearby Exploration Large Closed Basin Sampling Program AZL, ACDC, and Excellent completed in Lighting Dock Geology Q1 2023 Exploration • Identified 143 surface samples, • Arizona Lithium completed an MT • 3 sources of Li identified averaging
Slide 14: Alkali Flat Lithium Brine Property Geology
ALKALI FLAT LITHIUM BRINE PROPERTY GEOLOGY Alkali Flat: The Next Clayton Valley Clayton Valley? • Host to the only commercially producing lithium project in • The Alkali Flat playa is understood to be a fault bounded, large closed North America, started in 1966, basin, ~315km2 • This basin has not y
Slide 15: Alkali Flat Lithium Brine Property Geology
ALKALI FLAT LITHIUM BRINE PROPERTY GEOLOGY • Geochem Results from Q1 2023 sampling program (also showing Q3 geophysics program) • Area Geology, showing extent of playa infill along with Q3 2023 MT program • Surface concentrations are relatively analogous to the surface concentrations for the deposits
Slide 16: Alkali Flat Lithium Brine Property Geophysics
ALKALI FLAT LITHIUM BRINE PROPERTY GEOPHYSICS • Geophysics results from Q3 2023 successful magneto-telluric program. Built on May 2023 Drone program and AZL MT 2022 program. • Well defined highly conductive subsurface targets. • Regulatory applications submitted for February 2024 drilling program. 20
Slide 17: Alkali Flats Lithium Brine Property Infrastructure
ALKALI FLATS LITHIUM BRINE PROPERTY INFASTRUCTURE New Frontiers in Renewable Energy Infrastructure Lithium Exploration Opportunities Access Placer Mineral Claims & Abundant Clean Adjacent to Significant Significant Growth Potential Energy Sources Transportation • 260 BLM Placer Mineral Claims, • Inves
Slide 18: Alkali Flat Lithium Brine Property Development Plan
ALKALI FLAT LITHIUM BRINE PROPERTY DEVELOPMENT PLAN Initial Raise Pilot Raise Equity & Flowthrough Equity & Flowthrough $1.5MM CAD $5-7MM CAD 2023 2024 2025 2026 Q1-2 Q3-4 Q1-2 Q3-4 Q1-2 Q3-4 MT Program Maiden Drill DLE Tech. DLE Pilot Field Pilot 43-101 Rep. & Drilling Appl Program & Update Enginee
Slide 19: Trans-Taiga Lithium Pegmatite Property Overview
TRANS-TAIGA LITHIUM PEGMATITE PROPERTY OVERVIEW Claim For 100% Exclusive acquisition rights on Trans-Taiga 3,520 acres Road Excellent Access Gravel Road & Hydro ROW transects property LCR – Trans Taiga Nearby Exploration Located between Patriot Corvette and Winsome Cancet deposits LG-3 Hydro ROW Geo
Slide 20: Trans-Taiga Lithium Pegmatite Property Geology
TRANS-TAIGA LITHIUM PEGMATITE PROPERTY GEOLOGY Claim for 100% Nearby Exploration Under Explored Property Acquired Significant Discoveries Geology in June 2023 on nearby properties • 100% Option agreement • Patriot Battery Metals Corvette is • Pegmatites confirmed on lease • 3,520 acres in most ~120km
Slide 21: Trans-Taiga Lithium Pegmatite Property Geology
TRANS-TAIGA LITHIUM PEGMATITE PROPERTY GEOLOGY Confirmed Pegmatites Public databases shown • Pathfinder Minerals • Known pegmatite outcroppings • Faulting and Geology Targeting Spring 2024 surface exploration and geophysics program • Geophysics • Field Geochemical / Grab Samples 2024 • LANCASTER RESOU
Slide 22: Trans-Taiga Lithium Pegmatite Property Area Map
TRANS-TAIGA LITHIUM PEGMATITE PROPERTY AREA MAP Significant Discoveries on nearby properties Reviewing options for adding high quality claims • Adjacent to Trans-Taiga • Stand-alone Utilizing existing public databases • Pathfinder Minerals • Known pegmatite outcroppings • Faulting and Geology 2024 • L
Slide 23: Nelson Lake Copper Property Overview
NELSON LAKE COPPER PROPERTY OVERVIEW Excellent Access Room to Expand Geochemical & Geology Why Nelson Lake Nelson Lake Claim Tier 1 Mining Jurisdiction Area? Block • Target sedimentary hosted copper • Large 5,746 hectares contiguous • Historical copper production near Flin deposits Janice Lake FM, R
Slide 24: Nelson Lake Copper Property Location and Geology
NELSON LAKE COPPER PROPERTY LOCATION AND GEOLOGY Key Lake Uranium HWY 905 Operation NELSON LAKE COPPER PROPERTY HWY 914 Janice Lake All Season Trail Hydropower ROW Cosa Resources - Heron Forum Energy – Janice Lake 2024 • LANCASTER RESOURCES • CSE: LCR • OTCQB: LANRF • FRA: 6UF0 24
Slide 25: Nelson Lake Copper Property Adjacent Analogues
NELSON LAKE COPPER PROPERTY Adjacent Analogues Forum Energy - Janice Lake Property Cosa Resources - Heron Property • Rio Tinto optioned into the property in 2019 for $30mm in exploration. Forum bought back in March 2023 • 3 distinct properties, combined • Rio built a 110km Janice Lake ~11,122ha, opt
Slide 26: Our Technology & Technical Partners
Our Technology & Technical Partners EXPERTISE: KLM Geophysical Exploration specializes in geophysical DATA INTERPRETATION & mapping such as MT/AMT/IP and INTEGRATION has strong experience in lithium brine exploration. 3D MODELLING, TARGET ID Earthex Geophysical Solutions Inc. GEOPHYSICAL PROGRAM, is
Slide 27: Management Team
MANAGEMENT TEAM Penny White BA, LLB Andrew Watson, P. ENG. Rick Huang, BA, CGA, MBA President and CEO VP, Engineering and Operations & QP Chief Financial Officer & Corporate Secretary Penny White is an accomplished business leader with Andrew Watson has 21 years of rich technical Rick Huang has been
Slide 28: Technical Team
TECHNICAL TEAM Rodney Blakestad, J.D., C.P.G. William Feyerabend, CPG Gary Lohman, B.Sc., Geo, Exploration Consultant QP & Advisory Board QP & Advisory Board Rodney Blakestad is a highly experienced consulting Mr. Feyerabend is experienced with the exploration and Gary Lohman is one of the founding
Slide 29: Board of Directors
BOARD OF DIRECTORS Penny White BA, LLB Danny Kang Heather Williamson President and CEO, Director Director Director Penny White is an accomplished business leader with Mr. Kang has a decade-long established career in banking Ms. Heather Williamson stands out as a skilled professional over 20 years of
Slide 30: Investment Highlights / Capitalization Table
INVESTMENT HIGHLIGHTS CAPITALIZATION TABLE Top Tier Resource Growing Demand Jurisdiction For Critical Minerals Total Outstanding Shares 43,274,053 Reserved for Issuance 24,778,349 Renewable Early Stage Power Potential Valuation 2024 • LANCASTER RESOURCES • CSE: LCR • OTCQB: LANRF • FRA: 6UF0 30
Slide 31: Legal Disclaimer
LEGAL DISCLAIMER WARNING FORWARD LOOKING INFORMATION This management presentation was prepared as a summary overview only of the Certain statements in this presentation constitute “forward-looking statements” within current affairs of Lancaster Resources Inc. (the “Company” and “Lancaster the meanin
Slide 32: Supplying the Transition to a Low Carbon Economy
SUPPLYING THE TRANSITION TO A LOW CARBON ECONOMY PENNY WHITE . PRESIDENT & CEO +1 (604) 923 6100 [email protected] Lancaster-Resources.com CSE: LCR | OTCQB: LANRF | FRA: 6UF0
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