Bradda Head Lithium Limited · LSE:BHL
Bradda Head Lithium — Investor Presentation (May 2023)
30 slides from Bradda Head Lithium's investor presentation, May 2023
Slide 1: Investing in the US Battery Supply Chain
AIM:BHL | TSXV:BHLI | OTCQB:BHLIF INVESTING IN THE US BATTERY SUPPLY CHAIN May 2023
Slide 2: Important Notice
The information contained in this document has been prepared by Bradda Head Lithium Limited (“Bradda Head” or the “Company”). It has not been independently verified and is subject to updating, revision and further amendment. This document has not been approved for the purposes of Section 21 of the F
Slide 3: Developing Lithium Projects in the US
Now is the Time to Invest in the US Battery Supply Chain A unique lithium explorer with exposure across all three main recognised lithium deposit types; pegmatite, brine and sedimentary. Listed in the UK, US and Canada. Developing Lithium Projects in the US All projects 100% owned and are located in
Slide 4: Investment Case
Bradda Head - Right Time, Right Place Capital Structure Tier One Political Location Right Time, Right Place Nevada and Arizona are low risk Significant lithium supply deficits Strong Cash Position jurisdictions - ranked #1 and #7 by the are forecast and the US is investing $6.6m (£.5.4m) cash as of
Slide 5: Experienced Team Driving Growth
Experienced Team Driving Growth Management, Board and Advisory Team Adam Hawkins, MBA ESG ESG Consultant Ian Stalker Charles FitzRoy Non-Executive CEO Chairman Don Hains, P.Geo, MBA Technical Consultant TECHNICAL Denham Eke Joey Wilkins Finance COO Director Dr Yatendra Sharma BSc Hons, MSc, PhD, CCh
Slide 6: Growth Strategy
Primary Lithium Growth with Flagship Pegmatite & Clay Assets in Arizona Flagship Clay Asset NEBRASKA Reno Name: Basin Stage: Resource development 2023 Activity: Drilling ongoing, resource expansion expected in NEVADA UTAH COLORADO Q3 2023 KANSAS Background: Basin is adjacent to two currently active
Slide 7: Market Backdrop
Lithium Price on the Rise Again After Drop in China Spot Price 1st Wave 2nd Wave 3rd Wave? 90,000 80,000 70,000 Lithium Carbonate Price (US$/t) 60,000 Market Backdrop 50,000 40,000 30,000 Third Wave 20,000 10,000 0 Jan 16 Jan 17 Jan 18 Jan 19 Jan 20 Jan 21 Jan 22 Jan 23 Jan 24 Jan 25 Jan 26 Global W
Slide 8: Low Carbon Footprint Lithium
Developing US Produced Low Carbon Footprint Lithium $152bn of ESG funds flowed into Low Carbon investments over 2021 Low Carbon Footprint Lithium Carbon intensity (1) Ni Ni Co Car Cell Car Lithium pCam Nickel Li Cam Cobalt Co Ni Co Ni Li Li Ni • Mineral/Pegmatites are in high carbon intensity due to
Slide 9: San Domingo Pegmatite District
San Domingo Pegmatite District Arizona’s Lithium Pegmatite District - Visible Spodumene Identified Across 9km Trend Dyke style lithium pegmatites seen at the surface up to c.60m in length, potentially overlying deeper sill-like structure hosting lithium bearing mineralised rock. SD-DH22-024 Bradda h
Slide 10: San Domingo – Soil Sampling
Soil Sampling has Identified 9km LCT Style Pegmatite Trend 23km2 lithium pegmatite San Domingo – Soil Sampling district 6 historic lithium mines on our claims 10km from Highway 93 Key 1 hour from Phoenix BHL claim outline Spodumene occurrences SRK Inferred Pegmatite Pegmatite outcrop Li*Rb*Cs/10000
Slide 11: San Domingo – Phase 1 and 2
Drilling Complete – Mineralisation Identified in 60% of Holes San Domingo – Phase 1 and 2 Identified Trend Identified Trend Phase 1 Highlights: Phase 2 Highlights: • 31.85m @ 1.60% Li2O in SD-DH22-024 • 9.54m @ 1.85% Li2O, 3.02m @1.49% Li2O, and 2.90m @ 3.03% Li2O in SD- DH23-037 • 9.75m @ 0.78% Li2
Slide 12: San Domingo – District Scale
District Scale Potential Comparable to Other Well Known LCT Systems Theorised cross-section of San Domingo Central and North and the potential underneath Spodumene has been identified at surface along whole 9km trend San Domingo – District Scale Central Claim Block Northern Claim Block No drill data
Slide 13: San Domingo – Central Claims
Follow-up Targets Identified at Morningstar Pegmatite for Phase 3 Below: 3D view of digitised historic drilling(1) at North Morning Star, displaying pegmatite and schist host Note: original depth labels given in feet San Domingo – Central Claims rock. Drill holes shown for cross-sections. Pegmatite
Slide 14: San Domingo – Next Steps
San Domingo - Next Steps to Developing a World Class Lithium District Soil sampling results analysis San Domingo – Next Steps Structural mapping of priority targets Follow-up targets Permitting new targets Additional drill holes in Central and Northern Claim Blocks at existing Follow-up targets dril
Slide 15: Arizona – Sedimentary Portfolio
Arizona – Sedimentary Portfolio Sedimentary Lithium Projects Overview – Arizona All sedimentary assets have shared geology, with district-wide 1 capability. Geophysical programme has been conducted over the entire claim package, enabling more targeted drilling. Extensive land package covering c.46km
Slide 16: Resource Expansion and Metallurgical Testing
Resource Expansion and Metallurgical Testing Resource of 371kt of LCE and 2023 Basin Project Overview, Arizona 1 an identified 1Mt to 6Mt LCE Exploration Target Drill programme started at BEE in Q1 to grow resources, 2 targeting 1Mt expansion and PEA start in 2023. Results from follow-up metallurgic
Slide 17: Resource Expansion Basin Project
Basin Project Resource Growth – Promising Initial Results from 2023 Drilling First seven holes drilled confirm upper clay is thickening to the west and north-west Average upper clay thickness at Basin East is 34m Upper clay thickness at Hole 3, 4 , 5 and 6 is 78m, 67m, 69m, and 79m respectively Reso
Slide 18: Lithium Brine Assets
Lithium Brine Assets Wilson Eureka Summary Overview Summary Overview • Location: Nevada, • Located in Nye County, Nevada, 81 • Location: Nevada, USA • Located in Lander County, USA miles east of Clayton Valley and • Type: Brine Nevada, 106 miles northeast of the • Type: Brine the Silver Peak lithium
Slide 19: Fast Track Approach for Growth
Fast Track Approach for Growth 2023 2024 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Drill Data Wikieup Permitting Programme Review Wikieup Drill Data Permitting South Programme Review Potential Exploration Timeline Resource BE Update Step Out Programme Potential Resource CLAY BEE Drill Programme Estimate Step Out Prog
Slide 20: ESG – Number One Priority
Environmental, Social, and Governance Environment Social Governance ESG – Number One Priority Partner with host communities to find Operate with respect for the land, sensitive Maintain a positive health and ways to support programs that increase environment, and cultural resources. safety culture.
Slide 21: Investment Summary
Low Carbon Footprint Sourced Lithium for the US Market Undervalued compared to peers, aggressive drilling campaign underway at our pegmatite asset in Arizona, with initial promising “The US is facing a dramatic results. shortfall in domestic low carbon footprint lithium supply and Bradda is ideally
Slide 22: Appendix
APPENDIX BRADDA HEAD = LITHIUM —
Slide 23: Advisers
Technical NOMAD Brokers Legal Audit Investor Relations Shard Capital Partners LLP Hill Dickinson LLP Isabella Pierre +44 (0) 207 186 9927 Panmure Gordon Ltd Fasken SRK Consulting (UK) Ltd Beaumont Cornish Ltd John Prior Tavistock Martin Pittuck James Biddle Hugh Rich KPMG Nick Elwes Druces LLP +44 (
Slide 24: Case Study - Liontown Resources
Case Study - Liontown Resources BHL Pegmatite ResourceGrowth Potential Kathleen Valley Cross-Section Liontown Resources – c.90% of its value is in its Kathleen Valley Project Outcropping dykes Liontown Resources Cut-off (% Li2O) 0.55% Grade (% Li2O) 1.40% Tonnes (Mt) 156 300m LCE Contained (kt) 5,30
Slide 25: Case Study – American Lithium
American Lithium – BHL Sedimentary Resource Growth Potential Only 1.4km2 of BHL Lithium Sedimentary Claims(1) Drilled = Huge Potential for ResourceGrowth Case Study – American Lithium Bradda Head Lithium American Lithium TLC Cut-off (ppm) 400 800 Cut-off (ppm) 500 800 Grade (ppm)(2) 690 1,051 Grade
Slide 26: Arizona Projects – Wikieup
Wikieup Sedimentary Lithium Project Geophysics programme covering all sedimentary claims has identified possible clay Arizona Projects – Wikieup strata, allowing for more targeted drilling. New claims added to Wikieup Project in 2022, total project area now covers c.28km2. Sonic drilling completed a
Slide 27: Closing the US Lithium Supply Gap
Bradda – Closing the US Lithium Supply Gap The USA is a growing, and strategicallyimportant lithium end user market US Demand 2021 US Supply U.S Lithium Supply Gap • 23 U.S. Gigafactories planned by 2026, (four are • Current total US annual production is c.5ktpa already operational) requiring c.340
Slide 28: Strategic Positioning in the USA for Lithium End-Users
Strategic Positioning in the USA for Lithium End-Users USA Lithium Projects • In April 2021, the Biden administration released a $1.9 trillion infrastructure plan Eureka • Under the Biden administration, clean energy production will be ramped up, with lithium considered to be a key resource. $174 bi
Slide 29: Glossary & Abbreviations
BLM Bureau of Land Management Li2O Lithium oxide Mt Metric Tonnes Ha Hectares m Metres NURE National Uranium Resource Assessment K Potassium Mg/l Milligram per litre PFS Pre-feasability study Glossary & Abbreviations kT Thousand tonnes MRE Mineral Resource Estimate ppb Parts per billion LCE Lithium
Slide 30: Thanks
AIM:BHL | OTCQB:BHLIF Thanks.
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