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Aggressively Developing Four Significant, 100%-Owned,
High-Potential Lithium Projects in North America
April 2018
Forward Looking Statement
Certain statements included in this presentation are forward-looking statements within the meaning of Canadian
securities laws, including statements regarding the Little Nahanni Pegmatite Group (LNPG) Property, the Tule
Lithium Brine Project, the Gerlach Nevada Lithium Brine Project, the Cat Lake Lithium Property, the 50% joint
venture with Mag One Products Inc: statements pertaining to the ability of Equitorial Exploration Corp. (“EXX”);
the potential to develop resources and then further develop reserves; the anticipated economic potential of the
property; the availability of capital and finance for EXX to execute its strategy going forward. Forward-looking
statements are based on estimates and assumptions made by EXX in light of its experience and perception of
current and expected future developments, as well as other factors that EXX believes are appropriate in the
circumstances. Many factors could cause EXX’s results, performance or achievements to differ materially from
those expressed or implied by the forward looking statements, including: discrepancies between actual and
estimated results from exploration and development and operating risks, dependence on early exploration stage
concessions; uninsurable risks; competition; regulatory restrictions, including environmental regulatory
restrictions and liability; currency fluctuations; defective title to mineral claims or property and dependence on
key employees.
Persons reviewing this presentation are cautioned not to place undue reliance on forward-looking statements
due to inherent uncertainty therein. EXX disclaims any intention or obligation to update or revise any forward-
looking statements, whether as a result of new information, future events or otherwise, except as required by
law. This presentation is for distribution to Accredited Investors only. This presentation is NOT for public
disclosure.
1
Company Highlights
Four Significant, High Potential 100%-Owned Lithium PropertiesLNPG – Northwest Territories, Canada
● NI 43-101 (March 20, 2017) concludes, “Sufficient grades to bring the rock to within economic values.”
● Combined strike length: 13 km; Dyke swarms up to 500 m in width
● Assays with a peak value of 3.1% Li2O
● Drill program planned for this season
Cat Lake Lithium Property – Manitoba, Canada
● Adjacent to Cat Lake Mineral Project
● Lithium Corp Cat Lake Mine situated on south end of claim block
● Irgun Lithium Mine shaft 150 m from south end of Catail claim block
● 48 ft of spodumene bearing quartz drilled in 1948
Tule Valley Lithium Brine Project – Utah, USA
● Lithium bearing district - Honey Comb and Crystal Peak projects nearby
● Closed basin similar to Lithium-rich Clayton Valley
● Samples as high as 200 ppm Li
● Geophysics and drilling planned to evaluate potential for a mass brine deposit
Gerlach Lithium Brine Project – Nevada, USA
● Large closed basin
● 120 km north of Tesla Gigafactory #1
● Geophysics and drilling planned to evaluate potential for a mass brine deposit
50/50 Joint Venture with Mag One● First right to finance equally the construction of Mag One’s first magnesium and refining production facility to produce
magnesium metal and related products
● Commercial high purity MgO and SiO2 project will not be subject to an environmental evaluation (Mag One news
release: 10-12-2017)
2
LNPG Property - Location
Claim Block● 5,393 ha (53.93 km2)
● 9 Claims
3
Renowned Mining District● 5 km from access road to Howard’s Pass Project,
large zinc-lead Selwyn Chihong Mining deposit
● 30 km NW of Cantung Tungsten mine
LNPG Property - Geological Setting
Geology● Lithium-caesium-tantalum (“LCT”) pegmatite dyke
swarms
● Similar to Greenbushes (Australia) world’s largest active
lithium mine: Average grade: 2.8% Li2O
Dimensions● Combined strike length: 13km
● Dyke swarms: up to 500 m in width
● Dyke swarm contain: multiple dykes from 0.2 -10 m wide
4
LNPG Property - Assay Results
2016 Assay Highlights
● 3.1% Li2O across 0.95m
● 2.33% Li2O across 1.2m
● 2.04% Li2O across 4.0m
● 1.63% Li2O across 5.15m
Historic Assay Highlights
● 2007 channel samples
○ Up to 1.59% across 10m
● 2007 drill results
○ 1.2% over 11m
○ 0.92% over 18m
● Best historic rock samples
○ 1.74% Li2O - 3.77% Li2O
5
LNPG Project
43-101 (3/20/2017) - Interpretation and Conclusions
1. LNPG Project contains a system of Lithium-Caesium-Tantalum-type (LCT)
pegmatite dykes with a strike length of 13 km.
2. “Sufficient grades to bring the rock to within economic values.”
3. Dyke continuity over a vertical range of 300+ meters demonstrated by natural
exposure and past drilling.
4. Each “swarm” of dykes is up to 300 m thick.
5. Reliable channel sampling performed in 2016.
6. Careful measurement of dyke width and host rock intervals have enabled bulk
samples to be calculated.
7. “Results such as 10.35 m at 1.13% Li2O, 71.1 g/t Ta2O5 and SnO2 are highly
encouraging.”
6
Cat Lake Lithium Property
2018 Drill Program● 7 holes, 1,256 meters drilled
● 6 holes tested positive for pegmatite potential
● Spodumene bearing pegmatite approximately
33 M wide (true width not determined)
● Pegmatite system proven to continue
horizontally and vertically
Property● 3 claims, 99 hectares (244 acres)
● 150 km north of Winnipeg, Manitoba, Canada
● MB Hwy #314 passes through claim block
Adjacent to Cat Lake Mineral Project● Development Work 1953-1954
● 1,203,500 Tons of 1.5% Li20 (Manitoba Gov’t
Assessment File 94932)
● Lithium Corporation of Canada drilled 25 holes
into Irgon Dike
● Strike length of 365 meters and to a depth of
213 meters (Northern Miner, Vol. 41, no.19, Aug.
4, 1955, p.3)
Lithium Corp Cat Lake Mine● Located at south end of Catail claim block
● Mine shaft 150 m from south end of Catail claim
block
7
Claims map goes here
Tule Valley Lithium Brine Project - Property Description
Claims● 26 placer claims of 26 acres each
● 4,800 acres in total
Location● 190 km south of Salt Lake City, Utah
● Straddles Juab and Millard counties
Lithium Bearing District● 20km north: Honey Comb beryllium-
rubidium-lithium-REE project
○ NI 43-101 (Redhill Resources,
9/30/2011): 1,500-1,700 ppm Li
● 30km northeast: Spor Mountain beryllium
mine
● 60km southeast: Crystal Peak’s potash-
lithium-magnesium brine project
○ NI 43-101 (Crystal Peaks,
11/18/2013): Lithium in solution
(brine) values = 50mg - 200mg/liter
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Tule Valley Lithium Brine Project - Closed Basin
What is a Closed Basin?● Surface and groundwater flow into the basin and only escape by
evaporation at surface
● Evaporation leaves behind minerals dissolved in resulting brines and
evaporation pools
Similar to Clayton Valley● USGS calls the Clayton Valley, “the best
known deposit in the world” for Lithium due to:
○ Closed tectonically active basin
○ Arid climate
○ Elevated heat flow, due to hot springs or
young volcanoes
● Tule Valley has the same attributes
Down Faulted● Normal faults on both sides of valley
● Generates fluid mobilization from hard-rock
Lithium sources
9
Tule Valley Lithium Brine Project - Preliminary Assays
Sampling● August, 2016
● 4 water samples
● 13 soil samples (most collected at claim post sites located on exposed playa)
Results● Samples of actively evaporating briny surface muds are all anomalous in Lithium (over 0.01% Li)
● Samples as high as 200 ppm Li
● Each anomalous sample is:
○ Very wet
○ Saturated with salty brine
○ Contains salt and/or gypsum crystals
Relationship to Water Table● Sample locations are where:
○ Playa surface dips below current groundwater table (less than 1,339m)
○ Near-surface brines reach the surface
○ Form shallow pools
○ Brine evaporates
Bottom Line● The surface brines and saturated muds being anomalous in lithium is deemed encouraging for
the deposition of near-surface lithium mineralization
Exploration - Next Steps● Geophysical surveying, particularly induced polarization to detect conductive layers beneath the
playa
10
Gerlach Lithium Brine Project
Property● 89 claims, 720 hectares (1,780 acres)
● San Emidio desert, 5 miles from Gerlach, Wahoe
County, Nevada
● 120 km north of Tesla Gigafactory #1
Why Gerlach?● Nearby geothermal clusters with hot springs
● Large closed basin
● Gravity low / basin low with Pleistocene lake bottom
● Potential lithium source rocks
● Within ashfall deposition
● Ideal desert evaporation climate
● All weather access on paved roads
● Mine-friendly Nevada
2009 Sampling Program● Detailed geological mapping and prospecting
● 146 samples collected (including blanks)
● Significant values of beryllium
● Anomalous values of lithium and uranium
Exploration - Next Steps● Geophysics and drilling to evaluate potential for a
mass brine deposit
11
Gerlach
TESLA Gigafactory
Reno
50/50 Joint Venture with Mag One Products Inc
Mag One Products Inc.● Project in Danville, Que.
● Proprietary magnesium metal technology
● Mag One has access to 50,000,000 tonnes of already mined serpentinite tailings
First Right● 50/50 joint venture to finance equally the construction of Mag One’s first magnesium and refining
production facility to produce magnesium metal and related products
No Environmental Evaluation Required● Commercial high purity MgO and SiO2 project will not be subject to an environmental evaluation
(Mag One news release: 10-12-2017)
12
Share Structure
13
Issued and Outstanding 69,493,571
Options 2,600,000
Warrants 1,500,000
Management
Jack Bal, CEO/DirectorJack Bal is a business executive, with over 15 years of experience in the resource industry and public markets. Mr. Bal has been involved in capital markets,management, public relations and marketing in the resource sector with contacts in Canada, the U.S. and Europe. Jack has raised in excess of $50m for listedjunior resource companies in the field of mining, oil and gas and high technology. He has served as CEO of TSX publicly listed companies and is currently aCEO of Cardiff Energy Corp and CMC Metals and director with a number of TSX listed companies. Mr. Bal was the founder, Vice President and Director ofAppareo Software Inc., which did over $9m in revenue in 2002.
Buddy Doyle, DirectorBuddy Doyle worked with Rio Tinto for over 23 years and most recently as Exploration Manager/Vice President of Kennecott Canada Exploration Inc. (ownedby Rio Tinto), in charge of North American diamond exploration. He was a key member of the Kennecott Exploration Australia team that discovered themulti-million ounce Minifie gold deposits at Lihir in 1987-1988 and led the team that discovered the Diavik diamond deposits in 1994-1995. Few geologistshave seen two projects from discovery through decision to mine. Buddy is recognized by his peers as an authority on diamond exploration and kimberlitegeology, and has authored/co-authored numerous papers on these subjects. He was awarded the 2007 Hugo Dummitt Award for excellence in diamondexploration. Buddy Doyle brings to Equitorial a scientific approach to mineral exploration and managerial skills with a proven track record.
Binny Jassal, CFO/DirectorBinny Jassal brings over 20 years of accounting and management experience to the Company. Mr. Jassal is a member of Certified General Accountants inCanada, fellow member of the Association of Chartered Certified Accountants in London, England and holds a Certificate of Accounting Finance for RyersonUniversity, Toronto. Binny Jassal has worked in various positions - with public and private companies - in the manufacturing, IT and telecommunicationssectors. Mr Jassal joined Equitorial in 2006 and has been an important member of the team working on the financial and corporate aspects of operations.
Saf Dhillon, DirectorMr. Saf Dhillon served as Head of Investor Relations at U.S. Geothermal Inc. Mr. Dhillon has worked in the Banking, Investment and Securities industries forthe last 20 years in both the Public and the Private Markets. Mr. Dhillon had been involved in raising over $75 million for the venture capital markets. He hasbeen involved in the growth, development and corporate communications of U.S. Geothermal Inc. He has been a Director of Equitorial Exploration Corp.since December, 2015.
Robert Bick, Corporate DevelopmentFrom 2007 to 2010, Robert served as CEO and Executive Chairman of Evolving Gold Corp. During Robert’s tenure, Evolving Gold raised over $50 million,moved from the Canadian Securities Exchange to the TSX main board. EVG’s market cap increased from $3 million to over $100 million. Robert Bick was thefounding CEO of Prima Diamond now trading as Voltaic Minerals (TSX-V:VLT) and has served as CEO and Director with several other junior resourcecompanies. He is the founder of Resource Clips http://resourceclips.com/ providing news to the resource sector. Robert brings to Equitorial a comprehensiveunderstanding of the requirements of building junior resource public companies.
14
Company Highlights - Recap
Four Significant, High Potential 100%-Owned Lithium PropertiesLNPG – Northwest Territories, Canada
● NI 43-101 (March 20, 2017) concludes, “Sufficient grades to bring the rock to within economic values.”
● Combined strike length: 13 km; Dyke swarms up to 500 m in width
● Assays with a peak value of 3.1% Li2O
● Drill program planned for this season
Cat Lake Lithium Property – Manitoba, Canada
● Adjacent to Cat Lake Mineral Project
● Lithium Corp Cat Lake Mine situated on south end of claim block
● Irgun Lithium Mine shaft 150 m from south end of Catail claim block
● 48 ft of spodumene bearing quartz drilled in 1948
Tule Valley Lithium Brine Project – Utah, USA
● Lithium bearing district - Honey Comb and Crystal Peak projects nearby
● Closed basin similar to Lithium-rich Clayton Valley
● Samples as high as 200 ppm Li
● Geophysics and drilling planned to evaluate potential for a mass brine deposit
Gerlach Lithium Brine Project - Nevada, USA
● Large closed basin
● 120 km north of Tesla Gigafactory #1
● Geophysics and drilling planned to evaluate potential for a mass brine deposit
50/50 Joint Venture with Mag One● First right to finance equally the construction of Mag One’s first magnesium and refining production facility to produce
magnesium metal and related products
● Commercial high purity MgO and SiO2 project will not be subject to an environmental evaluation (Mag One news
release: 10-12-2017)
● its commercial high-purity magnesium oxide (MgO) and silica (SiO2) project will not be subject to an environmental evaluation.
15
Contact
Please Contact:
Jack Bal
604-306-5285
16
Thank You
