Thor Explorations Ltd. · TSXV:THX
Thor Explorations — Investor Presentation (June 2023)
17 slides from Thor Explorations's investor presentation, June 2023
Slide 1: Introducing Thor Lithium
THOR EXPLORATIONS LTD INTRODUCING THOR LITHIUM Our vision is to create significant shareholder value by being the largest producer of gold and the leading and sustainable supplier of lithium in Nigeria Thor’s mission is to supply Nigerian lithium ore for renewable energy, green technology, a sustain
Slide 2: Disclaimer
THOR EXPLORATIONS LTD DISCLAIMER
Slide 3: About Thor Lithium
THOR EXPLORATIONS LTD About Thor Lithium Newstar Minerals Ltd was formed by Thor in 2022 to take advantage of its FIRST MOVER ADVANTAGE in Nigeria to acquire, explore and develop prospective lithium projects in Nigeria THOR EXPLORATIONS LTD Lithium Gold 100% 100% 100% Douta Gold Project, Senegal Seg
Slide 4: Key Areas that are Creating Substantial Shareholder Value
THOR EXPLORATIONS LTD Key Areas that are Creating Substantial Shareholder Value Limited/no shareholder dilution due to funding from free cash flow derived from steady-state gold production at 100% Thor-owned Segilola Project Shared-vision with Nigeria Government and established Government networks F
Slide 5: Sustained Lithium Demand
THOR EXPLORATIONS LTD Sustained Lithium Demand Forecast lithium market deficit is expected to grow out to 2040, Demand driven by significant demand and tight supply • Consensus shifting significant demand gap emerging ~2030 Demand / Supply Forecast, 2023-40, kt LCE (Battery Grade) • EV penetration e
Slide 6: West Africa Yet To Join The Lithium Supply Chain
THOR EXPLORATIONS LTD West Africa Yet To Join The Lithium Supply Chain Western Australia dominates world hard-rock supply (NT) untapped lithium potential
Slide 7: Adding value to Thor Exploration's investors
THOR EXPLORATIONS LTD Adding value to Thor Exploration’s investors EXCELLENT VALUE-ADDING OPPORTUNITY ..lithium hydroxide prices are forecast to rise from US$17,370 a tonne in 2021 to US$39,900 in 2022 and US$61,200 in 2023 before moderating to US$48,500 by 2024 Building On Thor’s Proven Track Recor
Slide 8: Our pathway to becoming a leading supplier of lithium
THOR EXPLORATIONS LTD Our pathway to becoming a leading supplier of lithium Fast track to lithium production in Nigeria Production • Built and operated 1st Industrial Our objective is to develop our sized modern gold mine in Nigeria first large-scale lithium mine • Target 1st concentrate production
Slide 9: Nigeria – An Emergent Lithium Supplier
THOR EXPLORATIONS LTD NIGERIA – AN EMERGENT LITHIUM SUPPLIER Under The Radar Lithium Opportunity • Favourable geological settings • No modern systematic exploration • One of the largest economies in Africa and capable of value-adding industries associated with lithium supply chain • Government’s amb
Slide 10: Thor's Exploration Tenure
THOR EXPLORATIONS LTD THOR’S EXPLORATION TENURE • Initial focus on south-west Nigeria • Close proximity to established infrastructure including Lagos Port • Thor has assembled prospective land package through target generation and ground reconnaissance exploration • Newstar land package of 600km2 gr
Slide 11: Nigeria – An Emergent Lithium Supplier
THOR EXPLORATIONS LTD NIGERIA – AN EMERGENT LITHIUM SUPPLIER Exciting Large Scale Lithium Exploration Portfolio Already Acquired NEWSTAR LITHIUM PORTFOLIO • 600km² land package secured via earn-in & application massive lepidolite • Covers key lithium pegmatite occurrences • Within 110km of Lagos por
Slide 12: Oyo State Lithium Project
THOR EXPLORATIONS LTD OYO STATE LITHIUM PROJECT 2cm Lepidolite specimen containing 9.13% Li2O from Oyo State Spodumene-lepidolite mineralization confirmed in evolved lithium-cesium-tantalum (LCT) pegmatites Outcrop of large spodumene crystals containing 7.19%Li2O in Oyo State Project Spodumene cryst
Slide 13: Progress and Achievements to Date
THOR EXPLORATIONS LTD THOR EXPLORATIONS PROGRESS AND ACHIEVEMENTS TO DATE Parent Company with Cash Flow and Established Operating Experience In Nigeria EXPLORATION DEVELOPMENT OPERATIONS PARTNERSHIPS • Proven project • Open pit mine • Excellent working • Exploration development moving 750k BCM relat
Slide 14: Established Operating Experience In Nigeria
THOR EXPLORATIONS LTD THOR EXPLORATIONS Established Operating Experience In Nigeria Continued development of Nigeria’s first modern mining company Lithium – a new value adding business alongside Thor’s gold operations Committed to developing both gold and lithium businesses in parallel
Slide 15: Thank You
Thank You
Slide 16: Appendices: Lithium Supply Information
Appendices Lithium Supply Information
Slide 17: Lithium Supply Set to Near Triple by 2025
LITHIUM SUPPLY SET TO NEAR TRIPLE BY 2025 Lithium s an integral component of batteries for electric vehicles. ver the past few years EV purchases have rocketed, with over? milion soldin 2018 alone. With the anticipation ofnreased <demand irom the battery sector, Ithium projets, exoloration and inves
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