An Emerging Lithium Producer - Spring/ Summer 2019
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An Emerging Lithium Producer Spring/ Summer 2019
Disclaimer
The information contained in this document was provided by CAT Strategic Metals Inc. and its subsidiaries and associates and this
document is being furnished to a limited number of parties only.
The purpose of this document is to provide recipients with information to enable such recipients to participate in a process for the
subscription for shares in CAT Strategic Metals Inc., the proceeds of which are to be utilised for the development of the Project. It is not
intended to form the basis of any investment decision or any risk evaluation. It does not constitute a recommendation, offer, invitation or
solicitation in connection with any transaction and is not a prospectus.
The information contained in this document has not been independently verified. No representation or warranty, express or implied, is
given by any person whatsoever as to the accuracy or completeness of the information and opinions contained herein and no responsibility
or liability is accepted for the accuracy or sufficiency of any of the information or opinions, for any errors, omissions or misstatements,
negligent or otherwise, or for any other communication, written or otherwise in connection with the Proposed Transaction. The figures
included are illustrative projections and are based on a number of assumptions and no figures should be regarded as a profit forecast.
Accordingly, CAT Strategic Metals Inc. nor any other party shall be liable for any direct, indirect or consequential loss or damage suffered by
any person as a result of relying on any information contained within the Information Memorandum or in any future communication in
connection with the Proposed Transaction.
This document has been furnished to the recipient on a confidential basis. By accepting this document, the recipient agrees to keep
confidential the information contained herein or sent herewith or made available in connection with future enquiries.
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Disclaimer (continued)
The document contains forward looking statements that are based on assumptions made in good faith and in the light of current
circumstances. Neither CAT Strategic Metals Inc. nor any other party gives any assurance or guarantee that any such assumption or
projection will prove to be correct or that CAT Strategic Metals Inc. will not be affected in any substantial manner by other factors that are
not known or foreseeable by CAT Strategic Metals Inc., or are beyond their control. The assumptions and projections in this document are
based on initial test work and are therefore subject to a broad degree of uncertainty. The project is located in the Republic of Zimbabwe and
the associated political risk should be taken into account.
The document does not purport to contain all the information that a prospective financier may require about CAT Strategic Metals Inc.
and/or the Project. In all cases, before acting based on any information, the recipient should conduct its own investigation and analysis in
relation to the opportunity and should check the accuracy, reliability and completeness of the information and obtain independent and
specific advice from appropriate professional advisers. CAT Strategic Metals Inc. make no recommendation as to whether or not you should
participate in the Proposed Transaction.
The distribution of this document certain jurisdictions may be restricted by law and therefore any person into whose possession this
document comes should inform himself about and observe any such restriction.
† Qualified Persons
Alain Moreau, P.Geo., and Director, is the Qualified Person as defined by National Instrument 43-101 (NI 43-101) for CAT Strategic Metals Inc.. and has
verified the data disclosed in this presentation, including sampling, analytical, and test data underlying the information disclosure.
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Key Drivers for Success
• Low Cost Deposit (OPEX) • Low Capital Costs (CAPEX)
• Spodumene bearing Li extracted from • Haulage from existing infrastructure
an historic Tin Mine, NI-43-101 resource towards an established metallurgical
complex, minimal retrofit of an existing
delivered in Q2 2018, Pilot plant by Q4
plant for lithium carbonate production
2019
• Experienced Team
• Added Value Chain
• Management, Technical and Operations
• From spodumene concentration to
lithium carbonate production. • Government Support
• Existing mined and crushed 26.32 • Mine development supported by the
Metric Tonnes tailings stockpile @ Government, Partnering with the
Zimbabwe Mining Development
0,58% Li2O with 70% being Spodumene
Corporation (ZMDC)
4
Project Overview
• Over a century of modern mining history
under a new political stability
• Kamativi Mine site and concentrator
located in an easily accessible area in
north-west Zimbabwe
• 155,000 tonnes of Li2O concentrate to be
produced during mine life
• Concentrate shipping by railway to export
market (under an off-take agreement
with Transamine Trading S.A.)
• Projected lithium carbonate shipping by
existing railway to international ports
• Maputo and Beira in Mozambique, 1,200 km
5
On site infrastructures 6
Exceptional Grade Easily Concentrated
Ni 43-101 resource estimate
Tonnage (Mt) Li2O (%)
Ni 43-101 resource estimate Open pit
Indicated 26.32 0.58
Inferred 0.30 0.62
70% being Spodumene
RESULT: A 6.19% Li2O Concentrate at Low Cost
*Internal budget, timeframe and estimates are subject to change with the results of the feasibility study
due by Q2 2019
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Increase Potential For Resource The 120 km Kamativi pegmatite belt has been poorly explored in the past. Result Potential for new Li bearing orebodies discoveries close to mine site 8
Value-Added Chain
Lithium Hydroxide & Battery Grade
Concentration
Carbonate Hydroxide &
Process
Concentrate Carbonate
Solid Liquid
è Purification
Separation
é ê
Extraction Acid Leaching Iron Removal
ê é ê
Dense Media
Roasting Precipitation
Separation DMS
ê é ê é é
Floatation
è Li2O Concentrate Final Separation è Final Products
6.19% Li2O
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Next Steps – 2019/2020
PH ASE 1 PH ASE 2
• Q1 2019: • Q1 2020:
Off-take funding 400 tph concentrator
• Q2 2019: • Q2 2020:
Feasibility study First shipment of LiO2 concentrate
• Q4 2019: • Q4 2020:
Pilot plant Feasibility for transformation plant
10Lithium Demand per Product 2016-2031
*Source: Roskill estimates 2018
Note: 1 includes some of the products above that have not been differentiated from the total
11Battery-Grade Lithium Hydroxide Average
Annual Price Forecast 2008-2031 (US$/t CIF)
*Source: Global Trade Atlas, Graphic from Nemaska Lithium’s presentation : The World’s Premier Lithium Opportunity.
Note: Real prices adjusted to constant US dollars using Worlds GDP deflator from the International Monetary Fund’s World Economic Outlook Database
12Battery-Grade Lithium Carbonate Average
Annual Price Forecast 2000-2031 (US$/t CIF Asia)
*Source: Global Trade Atlas, Graphic from Nemaska Lithium’s presentation : The World’s Premier Lithium Opportunity.
Note: Real prices adjusted to constant US dollars using Worlds GDP deflator from the International Monetary Fund’s World Economic Outlook Database
13Experienced Management Team
Kevin MacNeill John McTaggart James Arthur Ruan Kroukamp
Proposed President & CEO Managing Director in COO Technical Specialist
Zimbabwe
Mineral and Civil Engineer who worked 25 Agricultural Engineer with 32 Over 35 yrs mining experience, Worked in the mining industry for over
years with Etruscan Group of Companies years experience in mining. including Impala Platinum (RSA), BHP 15 years specializing in flotation,
(Market Cap $700M) and raised over He owned and operated Hartley Platinum (Zim), Luanshya technical solutions and capital project
$200M in debt & equity. He was head of chrome mines from 1995, Copper Mines (Zambia), African execution. He compiles experience of
project development for Etruscan Gold and was the largest supplier Copper Mines (Botswana), Mwana full turnkey EPC CAPEX packages
Operations in West Africa, and built several of open cast chrome ore in Africa Pty (RSA, DRC, and Zim). Over ($250M). He also managed projects
large scale CIL plants with over 2,500 tpd Zimbabwe. He also owned the last 6 yrs, engaged in capital through phases involving process,
processing capacity. He was President and Phoebe Gold Mine, and raising exercises with Mwana including mechanical, structural, EC&I, design,
CEO of Etruscan Diamonds until Etruscan bought and sold Golden equity raising in excess of $50M with estimation, scheduling and bid
was taken over by Endeavour Mining Kopje Gold Mine from Trillion various investment institutions. Debt compilation. He did project execution
(1,200,000 tpa alluvial gravel diamond Resources. He has a large with Industrial Development Bank plan; project financial analysis –
mine outside of Ventersdorp South Africa). experience in mining, mine (RSA) $10M facility for Freda Rebecca CAPEX and OPEX; commercial
His expertise includes large scale project planning and company and involved in raising a $20M Bond in management, procurement
development and corporate management. management. Zim for the Bindura Nickel Smelter procedures and controls; supply chain
restart. management.
14Board of Directors
Richard Groome Robert Rosner Luis Martins Alain Moreau
President & CEO, CFO Director Director
Chairman
Successful entrepreneur and Over 30 years Geologist with 30 yrs experience in Geologist entrepreneur since 1987. He
executive active in the financial experience creating, exploration and mining. He was worked closely with Noranda and Cambior
sector for over 30 yrs. Actively financing and building Director of the Mineral Resources (now IamGold) for strategic exploration
managed or participated in companies, from initial Department at the Geology and and acquisitions in Eastern Canada and
over 400 financings exceeding concept to market Mining Institute and Director of the South America. He was involved in the
$4B for growth companies. buildout. Experienced Mines and Quarries Department at Katinniq world class Ni mining camp
Officer and director of officer and director of the Directorate-General of Energy (Falcon Bridge, now Glencore). He spent 2
numerous private and public Canadian and US listed and Geology. Participated in several years working in Western Africa. He
companies in various sectors. companies, with international research projects, developed a mine targeting technology
Former director of the CDNX, significant experience especially in the mineral which has contributed to the identification
the predecessor of the TSX in IPOs, RTOs and exploration, environmental geology of mining discoveries around the world for
Venture Exchange. M&A. and mining heritage fields. the last 30 years.
15Highlights
• Low Mining Costs (OPEX)
• Lithium bearing minerals coming from an historic Tin tailings mine
• Added Value Producer (Low Capital Costs (CAPEX))
• Infrastructure readily in place, minimal investment in machinery
• Proximity to Markets
• Li compounds to be shipped in Asian markets from Mozambique
international ports
• Potential for new Discoveries and Expansion
• Kamativi lithium belt mostly unexplored
16Richard Groome
rick@notredamecapital.com Take Part in the
+1 (514) 402-4405
http://chimatagoldcorp.com/
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