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AUGUST 2017

AUGUST 2017 - NRG Metals Inc....Aug 13, 2017  · This presentation may include "forward looking statements.” All statements, other than statements of historical fact, included herein,

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Page 1: AUGUST 2017 - NRG Metals Inc....Aug 13, 2017  · This presentation may include "forward looking statements.” All statements, other than statements of historical fact, included herein,

A U G U S T 2 0 1 7

Page 2: AUGUST 2017 - NRG Metals Inc....Aug 13, 2017  · This presentation may include "forward looking statements.” All statements, other than statements of historical fact, included herein,

The information contained herein is provided solely for the reader's

general knowledge. The information is not intended to be a comprehensive

review of all matters and developments concerning NRG Metals Inc. All

information is offered on a "best intentions" basis. No securities

commission or other regulatory authority in Canada or any other country or

jurisdiction has in any way passed upon this information and no

representation or warranty is made by NRG Metals Inc. to that effect.

This presentation may include "forward looking statements.” All

statements, other than statements of historical fact, included herein,

including without limitation, statements regarding exploration results, future

plans and objectives of NRG Metals Inc. are forward looking statements

that involve risks and uncertainties. There can be no assurance that such

statements will prove to be accurate and actual results and future events

could differ materially from those anticipated in such statements. NRG

Metals Inc. does not make any representations, warranties or guarantees,

express or implied, regarding the accuracy, completeness, timeliness,

noninfringement, or merchantability or fitness for a particular purpose or

use of any information contained in presentation.

Furthermore, the information in no way should be construed or interpreted

as, or as a part of, an offering or solicitation of securities. Investors are

advised to discuss all of their stock purchases with a registered securities

broker or personal finance professional prior to investing. No obligation,

responsibility or liability shall be incurred by NRG Metals Inc. or any of its

officers, directors, employees or agents for any loss or damage

whatsoever, whether incidental, special, indirect, consequential, punitive,

exemplary, or for lost profits in connection with, caused by or arising from

any delays, inaccuracies, errors or omissions in or infringement by, or from

any use of, or reliance on such information contained in this presentation.

The preparation of this presentation was supervised by Mr. William

Feyerabend, a Certified Professional Geologist and a member of the

American Institute of Professional Geologists, and a Qualified Person

as defined under National Instrument 43-101. Mr. Feyerabend

approves the scientific and technical disclosure contained in this

presentation.

2

Page 3: AUGUST 2017 - NRG Metals Inc....Aug 13, 2017  · This presentation may include "forward looking statements.” All statements, other than statements of historical fact, included herein,

Listed TSX Venture

symbol: NGZ

OTC symbol:

GPOFF

Frankfurt symbol:

OGPN

COMPANY HIGHLIGHTS

3

• Company management are highly qualified and experienced in the

exploration and development of lithium projects

• Company objective is to quickly enter the lithium market by developing

technically uncomplicated, limited environmental footprint projects located

in Argentina.

• Hombre Muerto North Project is located in an area of lithium production

and development.

• Salar Escondido Project is a drill ready, fully permitted, 29,000 hectare

claim block that represents an exploration opportunity to make a significant

new lithium discovery.

• The market for lithium is expected to grow considerably over the coming

decade

Page 4: AUGUST 2017 - NRG Metals Inc....Aug 13, 2017  · This presentation may include "forward looking statements.” All statements, other than statements of historical fact, included herein,

LITHIUM TEAM

4

Jose De CastroC H I E F O P P E R T A I N G

O F F I C E R

L I T H I U M T E A M L E A D E R

N R G M E T A L S A R G E N T I N A

Mr. de Castro has five years with

Argentine lithium producer

OROCOBRE LTD. (ASX:ARE) from

2010-2015 as Country Manager and

was responsible for the development

of the Salar de Olaroz Lithium Project,

a $ U.S. 300 million operation. He has

extensive knowledge of lithium

exploration, development and

operations, having supervised the

work program for Orocobre at Salar de

Olaroz, and Salinas Grandes. He has

also held senior positions FMC Lithium

the operator of South America’s

largest lithium operation in the Hombre

Muerto salar.

James K. Duff E X E C U T I V E D I R E C T O R

N R G M E T A L S A R G E N T I N A

Mr. Duff has over 40 years of diverse

experience in international mining,

including positions as the Chief

Geologist at St. Joe Mineral’s Aguilar

mine in Jujuy province, and Chief

Operating Officer of Minera Andes,

which owns 49% of the San Jose

gold-silver mine in Santa Cruz,

Argentina and 100% of the giant Los

Azules porphyry copper deposit in

San Juan, Argentina. Mr. Duff was

also formerly the President of South

American Operations for Coeur

Mining with responsibility for mines

in Chile, Bolivia and Argentina.

Jose Louis MartinM A N A G E R O F N E W

B U S I N E S S D E V E L O P M E N T

N R G M E T A L S A R G E N T I N A

Dr. Martín served as the Catamarca

representative for Galaxy Lithium

S.A. from 2010 to 2013 where he

participated in the development of

the feasibility study for Galaxy’s Sal

De Vida project in the Salar de

Hombre Muerto. Dr. Martín has over

35 years of experience in the mining

industry, including exploration,

development operations and

community and governmental

relations.

Fernando E. VillarroelP R O J E C T M A N A G E R

N R G M E T A L S A R G E N T I N A

Mr. Villaroel has 12 years of

experience in the mining industry in

Argentina with a focus on Lithium

process development. From 2009 to

2013 he worked with Lithium

Americas Corp. (Minera Exar S.A.) as

Project Manager which included

construction management and

commissioning of the initial pilot

evaporation facilities and laboratory at

the Cauchari Olaroz Lithium Project.

He has also acted as a consultant to

Neo Lithium and International Lithium

Inc. He holds a degree in Industrial

Engineering and has specialized

training in Data Modeling & Analysis

for Business and Engineering from

M.I.T.

Page 5: AUGUST 2017 - NRG Metals Inc....Aug 13, 2017  · This presentation may include "forward looking statements.” All statements, other than statements of historical fact, included herein,

NRG will focus on

establishing an

Industrial Grade

production operation

Listed TSX Venture

symbol: NGZ

OTC symbol: GPOFF

Frankfurt symbol:

OGPN

CURRENT MARKET

5

• World production of lithium is dominated by a small number of participants

that account for 90 % of the total market.

• Production from salar brine accounts for 51% of world production.

• Significant operational challenges encountered in producing a Technical

Grade lithium product at a remote salar location.

• World projects have been characterized by low success in timing along

with budget and schedule overruns.

• NRG will focus on identifying, and establishing a project with the intent of

producing an industrial grade lithium product.

Page 6: AUGUST 2017 - NRG Metals Inc....Aug 13, 2017  · This presentation may include "forward looking statements.” All statements, other than statements of historical fact, included herein,

World production of lithium is an

oligopoly controlled by four companies

which produce 89% of supply from all

sources.

Albemarle produces 18%, SQM

produces 21% and FMC produces 10%,

all sourced from lithium brine.

Tianqi / Albemarle produce 40% of the

worlds lithium supply from mineral

sources in Australia.

LITHIUM MARKET SUPPLY AND DEMAND

6

WORLD LITHIUM

PRODUCTION FROM BRINE

New entrants into the marketplace

are required to meet future demand

Source Global Lithium 2015

Page 7: AUGUST 2017 - NRG Metals Inc....Aug 13, 2017  · This presentation may include "forward looking statements.” All statements, other than statements of historical fact, included herein,

Megatrends are driving lithium

demand growth.

Electric vehicles including cars and

buses (a Tesla has 112 pounds of

lithium in its battery).

Grid storage – potential demand

could exceed electric vehicle

demand.

Lithium ion battery technology key

to renewable energy.

Lithium ion battery market is yet to

reach maturity as new applications

are continuously being defined.

LITHIUM MARKET SUPPLY AND DEMAND

7

GLOBAL LITHIUM CARBONATE DEMAND

ME

TR

IC T

ON

NE

S

Source Global Lithium 2015

Page 8: AUGUST 2017 - NRG Metals Inc....Aug 13, 2017  · This presentation may include "forward looking statements.” All statements, other than statements of historical fact, included herein,

HOMBRE MUERTO NORTH LITHIUM PROJECT

9

• 3,297 Hectare claim package comprised of six

concessions in Salta Province

• Adjacent to Galaxy Resources’ Sal de Vida lithium

development project and FMC Corp’s long-time producing

Fenix lithium brine operations.

• 20 surface samples collected in 2016-2017 range from 48

to 1,064 mg/L Li, averaging 587 mg/L Li , with seven

samples over 800 mg/Li.

• Magnesium to lithium ratios range from 1.1:1 to 10.2:1,

averaging 4.6:1 , which are low by industry standards.

• Geophysical data indicates zones of low resistivity,

interpreted to be potential lithium-bearing zones that are

open at depth.

PROJECT HIGHLIGHTS

Page 9: AUGUST 2017 - NRG Metals Inc....Aug 13, 2017  · This presentation may include "forward looking statements.” All statements, other than statements of historical fact, included herein,

HOMBRE MUERTO NORTH LITHIUM PROJECT

8

• Large amount of public data

suggest the claims are located

in a high grade portion of the

salar.

• Company has applied for

permits that include exploration

test wells, pumping well tests

and evaporation test pond

construction.

• Negotiations underway to

expand the land package.

SUMMARY

Page 10: AUGUST 2017 - NRG Metals Inc....Aug 13, 2017  · This presentation may include "forward looking statements.” All statements, other than statements of historical fact, included herein,

SALAR ESCONDIDO PALEO SALAR

10

• Drill ready project located in Catamarca Province,

40km south of Antofagasta de la Sierra.

• NRG controls a dominant portion of the basin

with a total of 29,192 hectares under option.

• Road access direct to claim area, infrastructure

support nearby.

• Approximately 40km east of the large Antofalla

Salar, and approximately 100km south of Hombre

de Muerto salar, location of the FMC lithium

production facility and Sal de Vida lithium deposit

owned by Galaxy Resources.

• Drill contractor selection currently underway with

drilling expected to commence fourth quarter 2017

PROJECT HIGHLIGHTS

Page 11: AUGUST 2017 - NRG Metals Inc....Aug 13, 2017  · This presentation may include "forward looking statements.” All statements, other than statements of historical fact, included herein,

SALAR ESCONDIDO PALEO SALAR

11

Page 12: AUGUST 2017 - NRG Metals Inc....Aug 13, 2017  · This presentation may include "forward looking statements.” All statements, other than statements of historical fact, included herein,

SALAR ESCONDIDO PALEO SALAR

12

0 20KM

Page 13: AUGUST 2017 - NRG Metals Inc....Aug 13, 2017  · This presentation may include "forward looking statements.” All statements, other than statements of historical fact, included herein,

13

Company has completed a VES survey

across two of the claim blocks

Surface sampling in fresh water zone

returned anomalous Li values up to

50ppm and high carbonate values

SALAR ESCONDIDOPALEO SALAR

Page 14: AUGUST 2017 - NRG Metals Inc....Aug 13, 2017  · This presentation may include "forward looking statements.” All statements, other than statements of historical fact, included herein,

14

Preliminary interpretation indicates four

distinct zones

Surface zones 1 and 2 are dry sediments

followed by sediments with fresh water /

not conductive

Middle zone is fresh water and brine /

semi-conductive

Fourth zone which is the target zone is

highly conductive and indicative of a brine

zone with potential lithium mineralization

SALAR ESCONDIDOPALEO SALAR

Page 15: AUGUST 2017 - NRG Metals Inc....Aug 13, 2017  · This presentation may include "forward looking statements.” All statements, other than statements of historical fact, included herein,

15

Nivaldo Rojas and Associates completed

a NI 43-101 Technical Report which has

been filed on

Drill permits received for up to six test

wells across the project

Negotiations currently underway to select

a drill contractor

Drilling anticipated fourth quarter 2017

SALAR ESCONDIDOPALEO SALAR

Page 16: AUGUST 2017 - NRG Metals Inc....Aug 13, 2017  · This presentation may include "forward looking statements.” All statements, other than statements of historical fact, included herein,

BOARD OF DIRECTORS AND MANAGEMENT

16

Adrian has 26 years of experience

in the mining and venture capital

industry, He has been involved in

Guyana for over twenty years and

founded the company to develop

the Groete Gold Copper Deposit in

2006, the third largest gold deposit

in Guyana. He has worked in

many countries including

Argentina and is the largest

shareholder of NRG Metals Inc.,

founding the company in 2016.

Founder and President of

Minera Andes from November

1995 until it’s combination with

McEwen Mining in 2012., Mr.

Ambrose directed the

exploration and completion of

the San Jose Mine in Argentina

for Minera Andes. He now sits

on the board of McEwen

Mining. He has over 30 years

experience in the mining

industry and is the co-

discoverer of the Brisas Gold

Deposit in Venezuela.

Mr. de Castro has five years with

Argentine lithium producer

OROCOBRE LTD. (ASX:ARE)

from 2010-2015 as Country

Manager and was responsible for

the development of the Salar de

Olaroz Lithium Project, a $ U.S.

300 million operation. He has

extensive knowledge of lithium

exploration, development and

operations, having supervised the

work program for Orocobre at

Salar de Olaroz, and Salinas

Grandes. He has also held senior

positions FMC Lithium the

operator of South America’s

largest lithium operation.

Christopher P. CherryChief Financial Officer: Mr. Cherry has over 14 years of corporate accounting and audit experience. Formerly

an auditor with KPMG, Mr. Cherry has extensive corporate experience and has held senior-level positions for

several public mining companies. He is a certified general accountant and a chartered accountant.

Jose de CastroDirector & Chief Operating Officer

Adrian F. C. HobkirkPresident & Chief Executive Officer

Allen V. AmbroseDirector

Gordon Neal has more than 35

years experience in governance,

corporate finance and investor

relations. He founded Neal

McInerney Investor Relations in

1991. Through marketing more than

$4 billion in debt and equity

financings, the company grew to be

the second largest full service

Investor Relations firm in Canada

He is currently VP Corporate

Development for Silvercorp Metals

Inc.

Gordon K. NealDirector

Fernando E. VillarroelDirect & Project Manager

Mr. Villaroel has 12 years of

experience in the mining industry in

Argentina with a focus on Lithium

process development. From 2009 to

2013 he worked with Lithium

Americas Corp. (Minera Exar S.A.)

as Project Manager which included

construction management and

commissioning of the initial pilot

evaporation facilities and laboratory

at the Cauchari Olaroz Lithium

Project. He has also acted as a

consultant to Neo Lithium and

International Lithium Inc. He holds a

degree in Industrial Engineering and

has specialized training in Data

Modeling & Analysis for Business

and Engineering from M.I.T.

Jan UrataCorporate Secretary: Ms. Urata brings over 20 years experience in public company corporate finance and

securities related matters including her years as a paralegal at McMillan. She also serves as a Corporate

Secretary to other TSX Venture issuers.

Page 17: AUGUST 2017 - NRG Metals Inc....Aug 13, 2017  · This presentation may include "forward looking statements.” All statements, other than statements of historical fact, included herein,

www.nrgmetalsinc.com

NRG Metals Inc.

750 W Pender St. Suite 804

Vancouver B.C. Canada V6C-2T7

T 855-415-8100

E [email protected]

TSX-V: NGZ

OTCQB: NRGMF

XFRA: OGPN