Skip to main content

AI assistant

Sign in to chat with this filing

The assistant answers questions, extracts KPIs, and summarises risk factors directly from the filing text.

GREEN TECHNOLOGY METALS LIMITED Investor Presentation 2021

Dec 1, 2021

65019_rns_2021-12-01_8a0a6085-0e63-4578-830a-17216e17c64a.pdf

Investor Presentation

Open in viewer

Opens in your device viewer

RIU RESURGENCE CONFERENCE

Building a sustainable, North-American focused lithium business

December 2021

GT1 : ASX

DISCLAIMER

The information contained in this presentation has been prepared by Green Technology Metals Limited (ASX:GT1). This presentation is not an offer, invitation, solicitation or other recommendation with respect to the subscription for, purchase or sale of any securities in GT1. This presentation has been made available for information purposes only and does not constitute a prospectus, short form prospectus, profile statement or offer information statement. This presentation is not subject to the disclosure requirements affecting disclosure documents under Chapter 6D of the Corporations Act. This presentation may contain certain forward-looking statements and projections regarding estimated, resources and reserves; planned production and operating costs profiles; planned capital requirements; and planned strategies and corporate objectives. Such forward looking statements/projections are estimates for discussion purposes only and should not be relied upon. They are not guarantees of future performance and involve known and unknown risks, uncertainties and other factors many of which are beyond the control of GT1. The forward-looking statements/projections are inherently uncertain and may therefore differ materially from results ultimately achieved. GT1 does not make any representations and provides no warranties concerning the accuracy of the projections, and disclaims any obligation to update or revise any forward-looking statements/projects based on new information, future events or otherwise except to the extent required by applicable laws. While the information contained in this presentation has been prepared in good faith, neither GT1 or any of its directors, officers, agents, employees or advisors give any representation or warranty, express or implied, as to the fairness, accuracy, completeness or correctness of the information, opinions and conclusions contained in this presentation. Accordingly, to the maximum extent permitted by law, none of GT1, its directors, employees or agents, advisers, nor any other person accepts any liability whether direct or indirect, express or limited, contractual, tortuous, statutory or otherwise, in respect of, the accuracy or completeness of the information or for any of the opinions contained in this presentation or for any errors, omissions or misstatements or for any loss, howsoever arising, from the use of this presentation.

THE Ontario Lithium Projects

Three high-grade deposits in North America

2

3

1 SEYMOUR

4.8Mt Mineral Resource (2.13Mt Indicated, 2.7Mt Inferred) benefiting from a transcontinental rail siding on the tenement1

Exploration target: 22 – 26 Mt @ 0.8-1.5% Li20

ROOT

Historical estimate, dense pegmatite swarm on a granted mining lease

Exploration target: 20 – 24 Mt @ 0.8-1.5% Li20

WISA

Historical estimate strategically located 8km from the US border

Exploration target: 8 – 10 Mt @ 0.8-1.5% Li20

The potential quantity and grade is conceptual in nature, there has been insufficient exploration to estimate a Mineral Resource and it is uncertain if further exploration will result in the estimation of a Mineral Resource. See Appendix Exploration target

  1. For full details of Mineral Resources estimates, please refer to Appendix Resource Estimate. Green Technology Metals confirms that it is not aware of any new information or data that materially affects the information included in those releases. All material assumptions and technical parameters underpinning the estimates in those releases continue to apply and have not materially changed.

A PROVEN Board and management team

Track record of successfully delivering lithium projects

JOHN YOUNG Chairman

  • Highly experienced geologist
  • Co-founder and Executive Director of Pilbara Minerals Ltd
  • Current Non-Executive Director of Bardoc Gold and Trek Metals

STRATEGIC PARTNERS

CAMERON HENRY Non-Executive Director

  • Founding MD of Primero Group
  • Over 20 years experience in development and delivery of global minerals processing, energy and NPI projects

LUKE COX Chief Executive Officer

  • Geologist and mine manager with 25 years experience in the mining industry
  • Global exploration, mining and financing experience across commodities including lithium, nickel and cobalt
PATRICK MURPHY
Non-Executive
Director
Managing Director at AMCI Group, an

experienced investment firm with a
portfolio of exploration and
development interests
14 years experience gained at AMCI

and investment bank , Macquarie
ROB LONGLEY
Non-Executive
Director

Geologist with +20 years experience
in global resources across a range of
commodities
CEO/MD of Ardiden, previous GM

Geology at Sundance Resources
MATT HERBERT
General Manager
North America

Exploration Manager and OPF
Processing Manager with +20 years
experience

14 years with Rio Tinto and FMG in
management roles
JOEL IVES
Company Secretary

Finance and business advisory
executive

executive • CFO and Company Secretarial services specialist

INVESTMENT Highlights

BEST IN CLASS TEAM AND PARTNERS

STRONG ESG CREDENTIALS

STRATEGIC LITHIUM PROJECTS

FAST TRACK DEVELOPMENT STRATEGY

SUBSTANTIAL EXPLORATION UPSIDE

ATTRACTIVE METALLURGY

EMERGING North American EV battery dynamics

Canada is the cornerstone of battery supply chain

  • North America hosts all critical ingredients needed for EV batteries: lithium, nickel, cobalt and graphite
  • Two cell manufacturers plan to build gigawatt-hour scale cell manufacturing facilities in Ontario
  • Likely the rest of the EV battery component manufacturing industry will follow as suppliers move close to their customers

Source: Bloomberg

SUPPORTIVE Local jurisdiction

Thunder Bay Government on-board

  • Over 50 potential heavy industry locations for lithium conversion facility
  • Numerous available port facilities
  • Thunder Bay Community Economic Development
  • Mining Readiness Strategy
  • City of Thunder Bay to support Mining Sector
  • Federal Government
  • Mines to Mobility, Seizing the opportunity for Canada
  • Discussing the introduction of "Priority Status" for Mining Companies in Lithium and EV Metals

DIRECT Access to hydro-power

A responsible company providing a material critical to a sustainable future

  • Targeted supply of highly competitive lithium products across all key dynamics: quality, cost, environmental, emissions, community
  • Proximate to Hydro One hydro power interconnector providing access to environmentally responsible power
  • Evaluating combination of process water recycling technologies and dry tailing stacking to minimise fresh water consumption
  • Ontario hosts a thriving agricultural industry that supports other industries such as mining with biofuels and seasonal staff
  • Early Exploration Agreement signed with Whitesand First Nation

  • In June 2021, the US Government Office of Efficiency & Renewable Energy published a National Blueprint for Lithium Batteries1to:
  • securing access to inputs
  • supporting a U.S. materials processing base

VISON FOR THE LITHIUM-BATTERY SUPPLY CHAIN

By 2030, the United States and its partners will establish secure battery materials and technology supply chain that supports longterm U.S. economic competitiveness and equitable job creation, enables decarbonization, advances social justice, and meets national security requirements1

SEYMOUR Mapped pegmatites 1

Pathway markers to substantial potential resource growth

  • History – Regional exploration commenced in 1950 by Government Geologists and Archean Greenstone Belt was delineated through Seymour.
  • Pegmatites – Two large pegmatites were mapped by Prospector Nelson Aubry and subsequently converted to a JORC Resource.
  • Exploration – Numerous other pegmatites have been mapped across the entire Seymour project with no apparent control of mineralisation…….

SEYMOUR Recent geophysics 1

Sharp delineation of structural controls

• Exploration target of 22 – 26 Mt @ 0.8-1.5% Li20 with 7km of strike identified

The potential quantity and grade is conceptual in nature, there has been insufficient exploration to estimate a Mineral Resource and it is uncertain if further exploration will result in the estimation of a Mineral Resource. See Appendix Exploration target

  • Additional pegmatites exposed at surface with rock chip lithium grades up to 4.54 Li2O 1 :
  • → Pye
  • → Central Aubry
  • → "D"
  • → "E"

  1. ADV:ASX Announcement 21 September 2016, Pegmatite Structures at Seymour

1 SEYMOUR Outcropping pegmatites across tenure

Large scale surface exposures

1 SEYMOUR Tip of iceberg parallels

Pegmatites typically bifurcate, pinch, swell and open up at depth

1 SEYMOUR A substantial initial work program complete

INTERPRETATION OF LITHOLOGY, STRUCTURE AND TARGETS

1 SEYMOUR Rapid project advancement

Systematic and swift approach to aggressively growing high-grade Mineral Resources

Activity Status
1. Review historical exploration, drilling and mining Complete
2. Build geological database and model Complete
3. LIDAR, aerial photography, and composite 3D mapping Complete
4. Geophysical surveying Complete
5. Geophysical interpretation Commenced
6. Geological mapping Ongoing
7. Drill targeting Phase 1 ready
8. Ground preparations and drilling (11-hole, 3,800 metres diamond drilling program, two rigs) Commenced
9. Updated Mineral Resource and geotechnical modelling Q2 2022

2 ROOT Significant along-strike and down-dip potential

McCombe stacked pegmatite swarm

• Exploration target 20 to 24 Mt @ 0.8 to 1.5% Li2O

The potential quantity and grade is conceptual in nature, there has been insufficient exploration to estimate a Mineral Resource and it is uncertain if further exploration will result in the estimation of a Mineral Resource. See Appendix Exploration target

  • Down dip grade continuity test confirmed 67m @ 1.7% Li2O 1
  • Patented Claims (landowner) over McCombe have simplified development process
  • Implicit modelling has highlighted a pegmatite swarm with significant widths and grade at McCombe

1: ADV – ASX 22 June 2016 Grades of up to 3.8% Lithium Oxide from maiden drill program.

ROOT Planned drilling of sizeable targets in 2022 2

Dense pegmatite swarms with a granted mining lease

  • Prospective - four prospects with outcropping pegmatites offering walkup drill targets
  • Ready for exploration – additional 4.8km of potential strike length identified and awaiting testing
  • Early success - historical estimatehas been identified

WISA Large-scale pegmatite corridor 3

Strategically located 8km from the US border

  • Large – tenement base that covers 18.9km2 historically an under-explored area
  • Potential - Exploration target 8 - 10 Mt @ 0.8 to 1.5% Li2O

The potential quantity and grade is conceptual in nature, there has been insufficient exploration to estimate a Mineral Resource and it is uncertain if further exploration will result in the estimation of a Mineral Resource. See Appendix Exploration target

  • Multiple zones – North Zone displays sheeted south dipping pegmatites open at depth and South Zone displays dipping pegmatites
  • Accessible – established all seasons road 40km from Trans Canadian Highway

Wisa

ACTIVITY Plan

Rapid resource expansion and an accelerated pathway to financing

BUILDING A SUSTAINABLE, NORTH-AMERICAN FOCUSED Lithium Business

BEST IN CLASS TEAM AND PARTNERS

STRONG ESG CREDENTIALS

STRATEGIC LITHIUM PROJECTS

FAST TRACK DEVELOPMENT STRATEGY

SUBSTANTIAL EXPLORATION UPSIDE

ATTRACTIVE METALLURGY

CONTACT Details

Chief Executive Officer

LUKE COX

Unit 6/94 Rokeby Rd, Subiaco Perth, Western Australia 6008 Email: [email protected]

www.greentm.com.au

Contact

INVESTOR RELATIONS AND MEDIA

Fivemark Partners

Email: [email protected]

SHARE REGISTRY

Automic Group

Email: [email protected]

APPENDIX A Mineral Resources

APPENDIX Resource estimate

The Ontario Lithium Projects

Seymour Lake 1
Area Category Mt Li
O (%)
2
Ta
O
(ppm)
2
5
North Aubry Indicated 2.13 1.29 210
North Aubry Inferred 1.70 1.50 189
South Aubry Inferred 1.00 0.80 128
Total 4.83 1.25 186

1: ADV – ASX Announced 6th March 2019, Substantial Increase in Mineral Resources at Seymour Lake.

APPENDIX Exploration targets

Qualifying Statement for the Exploration Targets

The potential quantity and grade is conceptual in nature, there has been insufficient exploration to estimate a Mineral Resource and it is uncertain if further exploration will result in the estimation of a Mineral Resource

Geological Setting

All the Claims (Seymour, Root & Wisa) host lithium bearing pegmatites which sit within the fractioned lithium zone close to their magmatic source

Strike

Drilling, surface sampling, aerial ortho-mosaics and topographic mapping (LiDAR) have been used to determine the approximate strike length of the pegmatites

Depth

Drilling at Seymour and Root have confirmed the pegmatites can exceed 250m in depth, thus a depth of 500m has been applied

Thickness

Implicit Modelling has been utilised to determine the thickness of the pegmatites and then extrapolated along strike and down dip using the parameters mentioned above

Tonnage

Specific gravity of 2.78 has been applied to the implicit model volumes to determine the tonnage

Grade

The Seymour JORC Resource hosted Inferred grades ranging from 0.8 to 1.5% Li2O , this has been used for the Exploration Targets

Exploration Activities

All exploration targets will be tested by field mapping and drilling over a period of 24 months

APPENDIX Competent Person Statements

The information in this presentation that relates to Exploration Results and Mineral Resources for the projects in which the Company has tenure over was first released in the Company's prospectus lodged with ASIC on 16 September 2021 (Prospectus) in respect of its initial public offer of shares on ASX. The Company confirms that it is not aware of any new information or data that materially affects the information in the Prospectus and that the material assumptions and technical parameters underpinning the Mineral Resource continue to apply and have not materially changed.

The information in this Presentation that relates to the Exploration Target at Seymour is based on activities carried out by Mr Luke Cox. Mr Cox has sufficient experience which is relevant to the style of mineralisation and type of deposit under consideration and the activity they are undertaking to qualify as Competent Persons as defined in the 2012 Edition of the Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves (JORC Code 2012). Mr Cox consents to the inclusion in this Presentation of the matters based on the information in the form and context in which it appears in this Presentation. Mr Cox is the Chief Executive Officer of the Company and holds securities in the Company.

The information in this Presentation that relates to the Exploration Target at Root is based on activities carried out by Mr Luke Cox. Mr Cox has sufficient experience which is relevant to the style of mineralisation and type of deposit under consideration and the activity they are undertaking to qualify as Competent Persons as defined in the 2012 Edition of the Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves (JORC Code 2012). Mr Cox consents to the inclusion in this Presentation of the matters based on the information in the form and context in which it appears in this Presentation. Mr Cox is the Chief Executive Officer of the Company and holds securities in the Company.

The information in this Presentation that relates to the Exploration Target at Wisa is based on activities carried out by Mr Luke Cox. Mr Cox has sufficient experience which is relevant to the style of mineralisation and type of deposit under consideration and the activity they are undertaking to qualify as Competent Persons as defined in the 2012 Edition of the Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves (JORC Code 2012). Mr Cox consents to the inclusion in this Presentation of the matters based on the information in the form and context in which it appears in this Presentation. Mr Cox is the Chief Executive Officer of the Company and holds securities in the Company.