Corporate Presentation

Transcription

1 Advancing lithium properties in North and South America Corporate Presentation February TSXV: NRM OTC: NRVTF Frankfurt: N7R 1

2 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

3 Location of Zeus Lithium Property, Clayton Valley, Nevada OPEN FOR EXPANSION 225 km from Tesla Lithium Battery Gigafactory Next door to Albermarle s Silver Peak lithium brine producer, in production for >60 years NEW INFERRED RESOURCE ESTIMATE ppm Li: expanding with every drill program 3

4 New Inferred Resource, : 145 million tonnes at 1145 ppm lithium Previous Inferred Resource, : 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

5 Lithium Market: Driven by Lithium Ion Batteries for Electric Vehicles (EV): 7 kg Li/EV 7 kg Li per vehicle 5

6 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 6

7 Projected Number of Electric Vehicles Built Globally to : ~10x increase in demand for LIB EV Tesla in 2020 Bloomberg Business News

8 Lithium Market Forecast Rapidly expanding supply and demand, prices ~$10,000-$12,000/T after BMO Capital Markets,

9 NEW RESOURCE ESTIMATE, FEBRUARY 2019 Inferred Resources, Cutoff Grade 300 ppm 600 ppm 900 ppm: Mineral Resource Estimate Tonnes (1000s) 330, , ,168 Grade (ppm) Contained Li (kg) 283,796, ,569, ,238,452 Li 2 CO 3 equivalent (= Li * 5.323, in metric tonnes) 1,510,648 1,317, ,887 Lithium carbonate (99.5% pure) price in on Chinese market = $US12,500 $14,500/metric tonne

10 Zeus Property: Next Door to Albermarle s Silver Peak Operations Phase III drilling area Phase I, II drilling area ppm Li OPEN FOR EXPANSION 10

11 OPEN FOR EXPANSION TO WEST Open at depth OPEN FOR EXPANSION TO SOUTH AND EAST 11

12 Initial Leaching Tests on Zeus Samples: >80% Li into Solution at 80 o C, 2M H 2 SO 4 12

13 Processing Options Acid leaching: Nanofiltration: >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 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 13

14 Comparable Companies

15 Comparable Companies

16 Comparable Companies

17 Share Structure Current Share Price: ~$0.15 Shares Outstanding: 36.4 M Warrants Outstanding: 12.5 M Options Outstanding: 2.29 M Fully Diluted: 51.2 M 10:1 Consolidation completed February % owned by Management Alba Minerals Ltd. owns 3.8 million shares TSXV: NRM OTC: NRVTF Frankfurt: N7R 17

18 Management 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 Algie 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. 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 18

19 Summary 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 Strong management team with well qualified senior geologists Recent consolidation and current low market cap provide upside value for shareholders Current Inferred Resource: ppm Li, potentially surface mineable, = 0.88 MT lithium carbonate equivalent Next Steps: Phase IV drilling, technical work on extraction, PEA in Noram has 100% ownership of Zeus Property TSXV: NRM OTC: NRVTF Frankfurt: N7R 19

20 Contact Information Corporate Office Noram Ventures Inc. Suite W. Hastings Street Vancouver, BC, V6B 4N6, Canada C. Tucker Barrie, Ph.D., P. Geo. tel: Daniel F. Hachey, Director tel: Art Brown, Director tel: TSXV: NRM OTC: NRVTF Frankfurt: N7R 20

21 References: 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 Technical Report, Lithium inferred mineral resource estimate, Clayton Valley, Esmeralda County, Nevada, USA, for Noram Ventures Ltd., 67 p. 21

22 Noram 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 22

23 EXTRA SLIDES 23

24 Components 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 x 24

25 Thin alluvial cover Zeus lithium clay deposit characteristics Reduced at depth Local sulfate patches Oxidized at surface playa lake environment Local organics from 25