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“will”,“would”,“may”,“could”€¦ · Ireland and the Mavis Lake lithium/rare metals ... projects are now the core projects for International Lithium Corp and ... Frontier

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Page 1: “will”,“would”,“may”,“could”€¦ · Ireland and the Mavis Lake lithium/rare metals ... projects are now the core projects for International Lithium Corp and ... Frontier

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Page 2: “will”,“would”,“may”,“could”€¦ · Ireland and the Mavis Lake lithium/rare metals ... projects are now the core projects for International Lithium Corp and ... Frontier

This presentation contains certain statements that may be deemed “forward-looking statements”. Allstatements, other than statements of historical fact, that address events or developments that 92Resources Corp. expects to occur, are forward-looking statements.

Forward-looking statements are statements that are not historical facts and are generally, but not alwaysidentified by the words “expects”, “plans”, “anticipates”, “believes”, “intends”, “estimates”, “projects”,“potential” and similar expressions, or that events or conditions “will”, “would”, “may”, “could” or“should” occur.

Although 92 Resources Corp. believes the expectations expressed in such forward-looking statements arebased on reasonable assumptions, such statements are not guarantees of future performance and actualresults may differ materially from those in the forward-looking statements. Factors that could cause theactual results to differ materially from those in forward-looking statements include market prices,exploration and production successes or failures, continued availability of capital and financing, inabilityto obtain required shareholder or regulatory approvals, and general economic market or businessconditions.

Forward-looking statements are based on the beliefs, estimates and opinions of 92 Resourcesmanagement on the date the statements are made.

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President, CEO and Director

Mr. Lamoureux has worked in the venture capital marketsfor the past 8 years, specializing in the design andimplementation of market strategies and corporatedevelopment. Mr. Lamoureux has particular expertise inthe mineral exploration and development sector. Duringhis time working in the venture capital markets, Mr.Lamoureux has financed a number of successful privateand public companies

CFO, Corporate Secretary and Director

Mr. Berka is a graduate engineer with a M.Sc. (Dipl.Ing.)degree from the Slovak Technical University, Bratislava,Slovakia (1968) and a member of the Association ofProfessional Engineers and Geoscientists of B.C. since1977. He has over 40 years international experience inEngineering, Marketing & Sales and BusinessAdministration. He also has extensive experience in themanagement, marketing, promotion and administration ofpublic companies as well as in the CorporateCommunications, shareholders information, public relationand contract negotiations. During the past 34 years Mr.Berka has served as a Director and Officer of various publiccompanies traded on the TSX and TSX Venture Exchangesand the NASDAQ System in USA.

Director

Mr. Chung holds a Bachelor of Science Degree in Geology from theUniversity of British Columbia and received a Masters of BusinessAdministration in IT from Athabasca University.

Mr. Chung is experienced in project management and possesses extensiveskills in bringing companies to the public markets and negotiatinginternational transactions. As a director for numerous companies, Mr. Chungconducted operations throughout North and South America as well as Chinaand is experienced in coordinating asset acquisition, financings, andmarketing for multi-location international businesses.

As a geologist, Mr. Chung helped research and identified a suite of lithiumprojects including the Mariana brine in Argentina, the Avalonia project inIreland and the Mavis Lake lithium/rare metals project in Ontario. Theseprojects are now the core projects for International Lithium Corp and theirstrategic partner Jiangxi Ganfeng Lithium Co Ltd. of China.

Director

Mr. Findlay has over 23 years of experience in the mining and resourcesectors, having served in various senior sales and management roles withAtlas Copco, a global leader in the manufacture of mining, drilling,construction and industrial equipment, from 1988 through 2004. Mr.Findlay has since worked with various mineral exploration and oil and gasissuers, including Simba Energy Inc., Lateegra Gold Corp., First Mexican GoldCorp. and West Hawk Development Corp. He is an honours graduate fromHaileybury School of Mines (1987).

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WHY LITHIUM ?

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Lithium is a green metal and a strategicmetal used in clean technology -energy storage (batteries), electronics, electric vehicles

Also used in ceramics, alloys, lubricants and pharmaceuticals

Demand is growing at 10%+ per year, while new technologies continue to support this growth trend well into the future – e.g. Tesla Motors Gigafactoryin Nevada and Gigafactory 2 in Europe

Goldman Sachs (Dec 2, 2015) says “Lithium is the new Gasoline”

Open-pit mining and relatively straight-forward mineral processing

Lithium Consumption Forecast 2012-2025

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Annual sales of lithium salts worldwide are estimated at $1 Billion US. With both demand and price set to surge, this figure could grow dramatically.

As of December, 2015 – the price for 99% pure lithium carbonate imported to China spiked to more than $13,000 US per tonne, which is more than double the price 1- year earlier.

Page 6: “will”,“would”,“may”,“could”€¦ · Ireland and the Mavis Lake lithium/rare metals ... projects are now the core projects for International Lithium Corp and ... Frontier

Pegmatite Projects Worldwide

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Summary of Corporations Developing Pegmatite Hosted Lithium Deposits (October 27, 2016)

Company Exchange Project Status Tonnages Inferred Market

Mt Li2O% Mt Li2O% Cap (US)

Pilbara PLS: ASX Pilgangoora PFS 128.6 1.22 $ 453.88

Nemaska NMX: TSX Whabouchi FS 27.99 1.57 4.69 1.51 $ 310.80

Critical Elements CRE: TSX Rose FS 26.5 1.3 10.7 1.14 $ 58.00

Avalon Advanced Materials AVL: TSX Separation Rapids Resource 8.9 1.34 2.7 1.34 $ 22.81

Frontier Lithium FL: TSX Pakeagama Lake Resource 7.89 1.73 0.29 1.35 $ 25.84

RockTech Lithium RCK: TSX Georgia Lake Resource 3.19 1.10 6.31 1.00 $ 16.86

International Lithium Corp. ILC:TSX Various Exploration - - - - $ 11.14

Macarthur Minerals MMS:TSX Pilbara Exploration - - - - $ 5.66

92 Resources NTY: TSX Hidden Lake Exploration - - - - $ 6.40

92 Resources has a relatively low market cap relative to others developing and exploring lithium pegmatites

Four pegmatites channel sampled to date from 350 to 800 m in length, up to 11.5 m in width. Two additional lithium-bearing pegmatites identified.

Road accessible and 40 km east of Yellowknife, NWT. The Yellowknife area has a long history of mine development including diamonds, gold and rare metals

Given the simplicity of the project, the company anticipates being able to advance the project quickly from DISCOVERY THROUGH DEVELOPMENT!

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HISTORIC PROJECT SUMMARY

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Dyke #12Hidden Lake

Property

• The Hidden Lake Project encompasses 1,045 ha within the world-class Yellowknife lithium-pegmatite district, NWT

• Lithium-rich pegmatites (Dyke #12) with up to 35% coarse-grained spodumene crystals

• Historic trench samples for Dyke #12 from 1.37 to 3.01% Li2O – confirmed during 2016 trenching

• Trend of known lithium pegmatites. Historic reports of high-grades and sizeable resources (Lasmanis, 1977)

Lasmanis (1977) summarized “Lithium Resources in the Yellowknife Area, Northwest Territories, Canada” and concluded:

“Detailed mapping and surface sampling of fourteen properties within the district has demonstrated the presence of 49,000,000 tons of rock to a depth of 152 m (500 ft) having an average grade of 1.40% Li2O. These resources could be developed if and when market conditions place a strain on available supplies.” *

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2016 EXPLORATION

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HL8

HL6

Dyke #12

HL1

HL3

HL4

Channel sampling of Dyke #12;• 1.53% Li2O over 11.58 m, including

1.90% Li2O over 9.02 m • Sample high of 3.08% Li2O

3 new pegmatites mapped and channel sampled, ~ 500 to 800 m long;• HL1 - 1.26% Li2O over 8.72 m,

including 1.53% Li2O over 6.32 m• HL3 - 1.58% Li2O over 8.78 m,

including 1.78% Li2O over 6.93 m• HL4 - 1.71% Li2O over 5.78 m

Grab Sample taken from 2 additional pegmatites• HL6 – 1.86% Li2O – on trend with

Dyke #12• HL8 – 0.47% Li2O

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HISTORIC EXPLORATION

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Promising lithium-pegmatite mapping in 50’s and 70’s resulting in discovery of Yellowknife Pegmatite District with an estimated 49 million tons of rock averaging 1.40% Li 2O* (includes pegmatites not within Hidden Lake Property)

Historic trench samples (7) from Dyke #12 yielding 1.37 to 3.01% Li2O

Adjacent “Shorty” Pegmatite Dyke -historic resource estimate of 3.8 Mt at 1.24% Li2O*

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PRESENT & FUTURE EXPLORATION

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Present Exploration Comprehensive mapping and channel sampling

program (308 samples and 60 channels) carried out on Dyke #12, HL1, HL3 and HL4 Dyke #12 - 1.53% Li2O over 11.58 m• HL1 – 1.26% Li2O over 8.72 m• HL3 – 1.58% Li2O over 8.78 m• HL4 – 1.71% Li2O over 5.78 m

Discovery of 2 additional lithium-bearing pegmatites• HL6 – Grab Sample 1.86% Li2O• HL8 – Grab Sample 0.47% Li2O

Future Exploration Permitting 2017 Drilling Channel sampling of new pegmatites HL6 and

HL8 Resource Estimation

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TSX-V:NTY

Frankfurt:R9G2

Issued and Outstanding 45,171,623

Warrants 2,417,360

Options 2,017,000

Fully Diluted 49,605,983

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Corporate Office#1400 – 1111 West Georgia St.

Vancouver BC, V6E 4M3Tel: +1 778 945 2950

[email protected]