Corporate Presentation - Advancing lithium properties in North and South America February 2019 - Noram Ventures Inc.
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Advancing lithium properties
in North and South America
Corporate Presentation
February 2019
www.noramventures.com
TSXV: NRM OTC: NRVTF Frankfurt: N7R 1
About Noram Ventures Inc.
Noram Ventures Inc. is a Vancouver based junior exploration
and development company focused on lithium properties.
Noram’s flagship property is the Zeus lithium clay property
in Clayton Valley, Nevada.
The Company has established strategic relationships
in Nevada and Argentina.
TSXV: NRM OTC: NRVTF Frankfurt: N7R 2
Location of Zeus Lithium Property,
Clayton Valley, Nevada
OPEN
FOR
EXPANSION
225 km from Tesla Next door to Albermarle’s NEW INFERRED RESOURCE ESTIMATE
Lithium Battery Gigafactory Silver Peak lithium brine producer, 145 MT @ 1145 ppm Li:
in production for >60 years expanding with every drill program
• New Inferred Resource, 2019-02-20:
145 million tonnes at 1145 ppm lithium
• Previous Inferred Resource, 2017-07-27:
17 million tonnes at 1060 ppm lithium
Increased resource 8.5x, at higher grade
• Deposit open in three directions and at depth.
Next steps:
• Phase IV drilling to expand resources and further increase grade;
• Technical studies on extraction methods
• PEA in 2019-2020.
4
Lithium Market: Driven by Lithium Ion Batteries
for Electric Vehicles (EV): 7 kg Li/EV
7 kg Li per
vehicle
Tesla Lithium Ion Battery (LIB) Gigafactory,
30 km east of Reno, Nevada:
500,000 LIB/year in 2020
Ten major
auto producers
are building
LIB Gigafactories
Projected number of Electric Vehicles
built globally to 2030
2020 – 2030: ~10x increase in demand for LIB – EV
Tesla
in 2020
Bloomberg Business News 2017
Lithium Market Forecast
-BMO Capital Markets, 2018-06
Rapidly expanding supply and demand, prices stable @ ~$10,000-$12,000/T after 2020
8
NEW RESOURCE ESTIMATE, FEBRUARY 2019
Inferred Resources, 2019-02
Cutoff Grade
900 ppm: Mineral
300 ppm 600 ppm Resource Estimate
Tonnes (1000s) 330,670 251,526 145,168
Grade (ppm) 858 984 1145
Contained Li (kg) 283,796,297 247,569,218 166,238,452
Li2CO3 equivalent (= Li *
1,510,648 1,317,811 884,887
5.323, in metric tonnes)
Lithium carbonate (99.5% pure) price in 2019-01 on Chinese market = $US12,500 – $14,500/metric tonne
- www.metalbulletin.com 2019-02-09.
9
Zeus property: Next door to
Albermarle’s Silver Peak operations
Phase III
drilling area
Phase I, II
drilling area
OPEN
FOR
145 MT @ 1145 ppm Li EXPANSIONOPEN
FOR
Open at depth EXPANSION
TO
SOUTH
AND
OPEN
EAST
FOR
EXPANSION
TO
WEST
11Initial leaching tests on Zeus samples: >80% Li into solution at 80oC, 2M H2SO4
Processing options
Acid leaching: >80% with moderate temperature and moderate sulfuric acid contents*
*Cypress Dev’t PEA 2018 on adjacent property to south:
successful processing flow sheet
32.7% IRR after tax and 8% discount rate
Nanofiltration: Bench scale testing indicates successful extraction using ion resin beads;
membrane filtration
Solvent Extraction: Bench scale testing indicates successful extraction using organic solutions
and membrane filtration
Evaporation: Successful for brines
13Comparable Companies - 1
14Comparable Companies - 2
15Comparable Companies - 3
16Share Structure
Current Share Price: ~$0.15
Shares Outstanding: 31.7 M
Warrants Outstanding: 12.5 M
Options Outstanding: 2.29 M
Fully Diluted: 51.2 M
10:1 Consolidation completed February 2018
9.01% owned by Management
Alba Minerals Ltd. owns 3.8 million shares
TSXV: NRM OTC: NRVTF Frankfurt: N7R 17Management
C. Tucker Barrie
President and CEO: C. Tucker Barrie, Ph.D., P. Geo. Mr. Barrie has over 25 years’ experience as a global metallic minerals Economic Geologist, with expertise in copper-zinc volcanogenic massive
sulfide deposits, porphyry copper-gold deposits, and magmatic sulfide nickel-copper – platinum group element deposits. Recently he has focused on lithium deposits including detailed studies of
lithium brines and clays in North and South America.
Anita Angie
Chief Financial Officer: Anita over 15 years of experience in management, listings, compliance, corporate structure and development as well as mergers and acquisitions for exploration and
resource based public companies. She is the former President &CEO of Unity Metals Corp. (UTY-TSXV), First Cobalt Corp. (FCC-TSXV) and American Lithium Corp. (LI-TSXV). She has served on
numerous boards over her career in the public markets.
Arthur Brown
Director: Art brings 36 years of business experience to Noram’s board. He has served on the boards of eight other companies in sectors ranging from technology to oil & gas and mineral
exploration. Art understands all the aspects and requirements a public company has to operate successfully. This knowledge and experience has been translated into many successful financings for
the various companies he has been involved with.
Daniel F. Hachey
Director: Dan brings a strong capital markets background to Noram, largely in the area of equity financing, both public and private. Mr. Hachey has held senior investment banking positions with a
number of firms and has worked in Toronto, New York and Montreal. Mr. Hachey has also been active in the area of mergers and acquisitions and other advisory work. In addition, Mr. Hachey has
held Board of Directors positions with both public (NASDAQ, AMEX, TSX and TSX-V) and private companies. Mr. Hachey Holds an MBA degree in Finance from McGill University.
Glen MacDonald
Director: Glen is a P. Geo. With the British Columbia Association of Professional Engineers and Geoscientists, as well as Alberta’s Professional Engineers Geologists and Geophysicists Association. He
brings more than 45 years of experience exploring and evaluating mining properties for senior and junior Canadian resource companies. In addition, Mr. MacDonald spent seven years as a District
Exploration Manager in the Yukon and Western North West Territories for Noranda Mines, designing and managing various exploration projects.
Mark Ireton
Director: Mark is a banker by profession with over 30 years of experience in all areas of commercial mid-market lending. He is versed in both public and private transactions, reorganizations,
acquisitions—both management buyouts and leveraged buyouts—and divestitures in a variety of sectors that include wholesale distribution, manufacturing, aviation, transportation, construction,
excavation, post production and oil service.
Cyrus Driver
Independent Director: A chartered accountant, Cyrus was founding partner in the firm of Driver Anderson since its inception in 1982 and a retired partner in the firm of Davidson and Company LLP.
Whilst providing general public accounting services to a wide range of clients, he specializes in servicing TSX Venture listed companies and members of the brokerage community. His wide
knowledge of the securities industry and its rules have enabled him to give valuable advice to clients with respect to finance, taxation and other accounting related matters. Cyrus currently serves
as director and or chief financial officer of several TSX-V listed companies.
TSXV: NRM OTC: NRVTF Frankfurt: N7R 18Summary
Treasury: October 2018 PP closed at $1.2M, will open new financing for
$3-4 million to complete PEA study and Phase IV drilling in 2019-2020
Strong management team with well qualified senior geologists
Recent consolidation and current low market cap provide upside value
for shareholders
Current Inferred Resource: 145 MT @ 1145 ppm Li, potentially surface
mineable, = 0.88 MT lithium carbonate equivalent
Next Steps: Phase IV drilling, technical work on extraction, PEA in 2019-
2020
Noram has 100% ownership of Zeus Property
TSXV: NRM OTC: NRVTF Frankfurt: N7R 19Contact Information
Corporate Office
Noram Ventures Inc.
Suite 304 – 700 W. Pender Street
Vancouver, BC V6C 1G8
C. Tucker Barrie, Ph.D., P. Geo.
barriect@gmail.com
tel: 1- 613-324-9917
Daniel F. Hachey, Director
Email: dfhachey@gmail.com
tel: 1-778-319-2261
Art Brown, Director
Email: art.astoriusresources@gmail.com
tel: 1-778-319-2261
TSXV: NRM OTC: NRVTF Frankfurt: N7R 20References:
Barrie, C. T., Peek, B., and Whittaker, P., 2018, Lithium clay deposits of the Zeus Property,
Eastern Clayton Valley, Nevada: American Geophysical Union Annual Meeting,
Washington, D.C., extended abstract 6 p.
Lane, T., et al., 2018, Preliminary Economic Assessment Technical Report Clayton Valley Lithium Project,
Esmeralda County, Nevada: for Cypress Development Corp., 152 p.
Peek, B. C., and Spanjers, R. P., 2017, NI 43-101 Technical Report, Lithium inferred mineral resource
estimate, Clayton Valley, Esmeralda County, Nevada, USA, for Noram Ventures Ltd., 67 p.
21Noram Ventures Inc.:
Forward Looking Statement
This presentation contains "forward-looking information "with in the meaning of Canadian securities legislation. All information contained here in that is not clearly
historical in nature may constitute forward-looking information. Generally, such forward-looking information can be identified by the use of forward-looking terminology
such as "plans", "expects" or "does not expect", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates"or"doesnotanticipate",or“
believes", or variation so such words and phrases or state that certain actions, event so results“ may", "could", "would", "might" or "will be taken", "occur" or "be
achieved". Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity,
performance or achievements of the Company to be materially different from those expressed or implied by such forward-looking information, including but not limited
to: (i) volatile stock price; (ii) the general global markets and economic conditions; (iii) the possibility of write-downs and impairments; (iv) the risk associated with
exploration, development and operations of mineral deposits;(v)the risk associated with establishing title to mineral properties and assets; (vi) the risks associated with
entering into joint ventures; (vii) fluctuations in commodity prices; (viii) the risks associated with uninsurable risks arising during the course of exploration, development
and production; (ix) competition faced by the resulting issuer in securing experienced personnel and financing; (x) access to adequate infrastructure to support mining,
processing, development and exploration activities; (xi) the risks associated with changes in the mining regulatory regime governing the resulting issuer; (xii) the risks
associated with the various environmental regulations the resulting issuer is subject to; (xiii) risks related to regulatory and permitting delays; (xiv) risks related to
potential conflicts of interest; (xv) the reliance on key personnel; (xvi) liquidity risks; (xvii) the risk of potential dilution through the issue of common shares; (xviii) the
Company does not anticipate declaring dividends in the near term; (xix) the risk of litigation; and(xx) risk management.
Forward-looking information is based on assumptions management believes to be reasonable at the time such statements are made, including but not limited to,
continued exploration activities, no material adverse change in metal prices, exploration and development plans proceeding in accordance with plans and such plans
achieving their stated expected outcomes, receipt of required regulatory approvals, and such other assumptions and factors as set out herein. Although the Company
has attempted to identify important factors that could cause actual results to differ materially from those contained in the forward looking information, there may be
other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such forward-looking information will prove to be
accurate, as actual results and future events could differ materially from those anticipated in such forward- looking information. Such forward-looking information has
been provided for the purpose of assisting investors in understanding the Company's business, operations and exploration plan sand may not be appropriate for other
purposes. Accordingly, readers should not place undue reliance on forward-looking in formation. Forward-looking information is made as of the date of this press
release, and the Company does not undertake to update such forward-looking information excepting accordance with applicable securities laws.
TSXV: NRM OTC: NRVTF Frankfurt: N7R 22EXTRA SLIDES
23Components of Zeus Deposit lithium clay
Lithium content
Clays –
Smectite – Hectorite ***
Illite ***
Kaolinite *
Other clays **
Carbonates – calcite, dolomite x
Salts, sulfates, borates etc. x*
Clastic material – gravel, sand x
Organic Material – algal mats xZeus lithium clay deposit –
characteristics
Thin alluvial cover Reduced at depth
Oxidized at surface
Local sulfate patches
playa lake environment
Local organics fromYou can also read
