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The information contained herein is ... - NRG Metals Inc. · This presentation may include "forward looking statements.” All statements, other than statements of historical fact,

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Page 1: The information contained herein is ... - NRG Metals Inc. · This presentation may include "forward looking statements.” All statements, other than statements of historical fact,
Page 2: The information contained herein is ... - NRG Metals Inc. · This presentation may include "forward looking statements.” All statements, other than statements of historical fact,

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 FINANCIAL PROJECTIONS PERTAINING TO THE HOMBRE

MUERTO LIHTIUM PROJECT ARE BASED UPON ASSUMPTIONS,

EXPERIENCE AND PROPRIETARY KNOWLEDGE OF KEY LITHIUM

MANAGEMENT. FURTHER EXPLORATION OF THE HOMBRE MUERTO

NORTH LITHIUM PROJECT IS REQUIRED TO CONFIRM THE

ASSUMPTIONS CONTAINED WITHIN THIS PRESENTATION AND TO

VERIFY AND CONFIRM THE POTENTIAL OF THE FINANCIAL MODEL

THIS PRESENTATION IS FOR DISCUSSION PURPOSES ONLY

2

Page 3: The information contained herein is ... - NRG Metals Inc. · This presentation may include "forward looking statements.” All statements, other than statements of historical fact,

TSX Venture: NGZ

OTCQB: NRGMF

Frankfurt: 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 with technically

uncomplicated, limited environmental footprint projects located in Argentina

• Hombre Muerto North is a 3,287 hectare (8,100 acres) claim block

located in an area of lithium production. Drilling tested and underway.

Infrastructure built.

• Salar Escondido is a 29,000 hectare (71,660 acres)claim block and

represents and exploration opportunity to make a significant new lithium

discovery. Drilling recently confirmed lithium in target zone. Phase Two

drilling now underway.

• Company has strategic alliance with Chemphys Chendgu, a China based

lithium producer. Chemphys is the largest shareholder and has an off-take

for any Hombre Muerto North lithium productio

NRG Metals listed as

TOP 10 PERFOMERin 2018

TSX Venture 50

Ranking

www.tmxmoney.com

TWO DRILL PROGRAMS NOW UNDERWAY

Page 4: The information contained herein is ... - NRG Metals Inc. · This presentation may include "forward looking statements.” All statements, other than statements of historical fact,

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: The information contained herein is ... - NRG Metals Inc. · This presentation may include "forward looking statements.” All statements, other than statements of historical fact,

NRG will focus on

establishing an

Industrial Grade

production operation

TSX Venture: NGZ

OTCQB: NRGMF

Frankfurt: 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.

• The NRG strategy is founded on uncomplicated and rapid development,

minimal environmental impact, and joining an offtake partner who requires

and industrial grade product.

• NRG desires a sustainable operation, and is currently negotiating with a

major supplier of solar energy systems to potentially power operations in

Argentina, where the known solar resource is significant.

Page 6: The information contained herein is ... - NRG Metals Inc. · This presentation may include "forward looking statements.” All statements, other than statements of historical fact,

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 produce 40% of the worlds

lithium supply from mineral sources in

Australia

LITHIUM MARKET SUPPLY AND DEMAND

6

WORLD LITHIUM

PRODUCTION FROM BRINE

Tianqi40%

SQM21%

Albemarle18%

FMC10%

New entrants into the marketplace

are required to meet future demand

Source Global Lithium 2015

Page 7: The information contained herein is ... - NRG Metals Inc. · This presentation may include "forward looking statements.” All statements, other than statements of historical fact,

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

234,7

88

252,6

53

271,6

82

292,6

82

324,9

30

336,0

10

359,4

35

383,6

01

422,6

14

2017 2018 2019 2020 2021 2022 2023 2024 2025

GLOBAL L ITHIUM CARBONATE EQUILVIANT DEM AND

ME

TR

IC T

ON

NE

S

Source: Projection of Global Lithium Demand 2017 www.statista.com/statistics/452025/projected-total-demand-for-lithium-globally

Page 8: The information contained herein is ... - NRG Metals Inc. · This presentation may include "forward looking statements.” All statements, other than statements of historical fact,

NRG Metals has a strategic

alliance with high-purity lithium

battery producer in China

www.chemphys.com

Chemphy’s specializes in

manufacturing lithium products for

lithium battery materials,

electronics and XRF spectrometry

applications

Chemphys Chemical Industry,

founded in February 1998, is a

private Australian-Chinese

enterprise. The company is both

ISO9001 and ISO14001 certified

Alison Dai, director at Chemphys,

was added the board of Directors

at NRG Metals Inc. in 2017

CHEMPHYS CHENGDU STRATEGIC ALLIANCE

8

Ms. Alison Dai, of Chemphys is quoted, “We are pleased to have formalized

our strategic partnership with NRG and are committed to working with

NRG’s team to expedite the development of the HMN Project.”

Page 9: The information contained herein is ... - NRG Metals Inc. · This presentation may include "forward looking statements.” All statements, other than statements of historical fact,

DRILLING UNDERWAY ATTWO LITHIUM BRINE PROJECTS

9

Page 10: The information contained herein is ... - NRG Metals Inc. · This presentation may include "forward looking statements.” All statements, other than statements of historical fact,

HOMBRE MUERTO NORTH LITHIUM PROJECT

10

• In a 43-101 Technical Report dated March 7, 2012, Lithium

One provided a detailed log of diamond drill hole SVH11-21

with assay values that ranged from a low of 564 mg/L Li to a

high of 895 mg/L Li over the 95m length of the hole.

• That hole is located 750 m south of the Tramo concession.

• In a press release dated April 10, 2017, Galaxy Resources

announced the initiation of production-well drilling at Sal de

Vida, approximately two km south of the Tramo concession.

• Given robust exploration, development and mining activity in

the area, access to key infrastructure is excellent.

• Montgomery and Associates completed NI 43-101 Technical

Report in October 2017 recommending drill testing the claim

group

PROJECT AREA HIGHLIGHTS

ARGENTINA

CATAMARCA

Page 11: The information contained herein is ... - NRG Metals Inc. · This presentation may include "forward looking statements.” All statements, other than statements of historical fact,

HOMBRE MUERTO NORTH LITHIUM PROJECT

11

• Property package of 3,287 hectares

• Package comprised of six concessions, located

in Salta Province, adjacent to Galaxy Resources

Sal de Vida Li Project and FMC Li Fenix Mine

• Large amount of public data suggest the claims

are located in a high grade portion of the salar.

• Drill pads and road construction is complete

• High grade surface lithium results from recent

sample program

• Off-take agreement in place with Chemphys

Chengu for all lithium production from this site

PROJECT SUMMARY

DRILLING UNDERWAY

Page 12: The information contained herein is ... - NRG Metals Inc. · This presentation may include "forward looking statements.” All statements, other than statements of historical fact,

HOMBRE MUERTO NORTH LITHIUM PROJECT

12

Page 13: The information contained herein is ... - NRG Metals Inc. · This presentation may include "forward looking statements.” All statements, other than statements of historical fact,

HOMBRE MUERTO NORTH LITHIUM PROJECT

13

2018 SAMPLE RESULTS AND CHEMISTRY PROFILE

Sample Number Property Li (mg/l) K (mg/l) Mg (mg/l) Mg/Li SO4

HMN-1 Tramo 1120 8554 3594 3.2 9158

HMN-2 Tramo 792 6049 2392 3.0 9627

HMN-4 Tramo 1011 9236 2378 2.4 7441

HMN-6 Tramo 1216 10368 3718 3.1 5316

HMN-7 Alba Sabrina 353 3059 2674 7.6 10388

HMN-9 Natalia Maria 911 8857 1300 1.4 8528

HMN-11 Natalia Maria 793 8870 1075 1.4 7985

ARGENTINA

CATAMARCA

Page 14: The information contained herein is ... - NRG Metals Inc. · This presentation may include "forward looking statements.” All statements, other than statements of historical fact,

HOMBRE MUERTO NORTH LITHIUM PROJECT

14

PROJECT HIGHLIGHTS

• Tramo Claim road and pad completed

• All weather camp operational

• Other road areas and pads under construction

• HMN prelim drill results

• Drill Assay results

Page 15: The information contained herein is ... - NRG Metals Inc. · This presentation may include "forward looking statements.” All statements, other than statements of historical fact,

SALAR ESCONDIDO LITHIUM PROJECT

15

• 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

• Drill tested in December 2017 confirms lithium in

target zone

• Nearby Galan Caldera

• Approximately 40km east of the large Antofalla

Salar

• 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

PROJECT AREA HIGHLIGHTS

ARGENTINA

CATAMARCA

Page 16: The information contained herein is ... - NRG Metals Inc. · This presentation may include "forward looking statements.” All statements, other than statements of historical fact,

SALAR ESCONDIDO LITHIUM PROJECT

16

ARGENTINA

CATAMARCA

Page 17: The information contained herein is ... - NRG Metals Inc. · This presentation may include "forward looking statements.” All statements, other than statements of historical fact,

SALAR ESCONDIDO LITHIUM PROJECT

17

ARGENTINA

CATAMARCA

Page 18: The information contained herein is ... - NRG Metals Inc. · This presentation may include "forward looking statements.” All statements, other than statements of historical fact,

SALAR ESCONDIDO LITHIUM PROJECT

18

PROJECT CLAIM

HISTORY

• Company 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

Page 19: The information contained herein is ... - NRG Metals Inc. · This presentation may include "forward looking statements.” All statements, other than statements of historical fact,

SALAR ESCONDIDO LITHIUM PROJECT

19

EXPLORATION HISTORY

• 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 has been

confirmed to contain lithium

bearing brine

Page 20: The information contained herein is ... - NRG Metals Inc. · This presentation may include "forward looking statements.” All statements, other than statements of historical fact,

SALAR ESCONDIDO LITHIUM PROJECT

20

PROJECT HIGHLIGHTS

• First drill hole completed in

December 2017

• Difficult geological conditions

allowed only limited sample

recovery

• One fifteen meter sample

obtained from the top of the

target zone confirmed 229

ppm Lithium

• Program restarted April 2018,

with rig on site completing

second hole

• May 2018 – Drilling reaches

400 meter target depth

DRILLING UNDERWAY

Page 21: The information contained herein is ... - NRG Metals Inc. · This presentation may include "forward looking statements.” All statements, other than statements of historical fact,

BOARD OF DIRECTORS AND MANAGEMENT

21

A d r i a n h a s 2 6 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 combin-

ation 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. CherryDirector &Chief 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. VillarroelDirectory & 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.

Ms. Dai has 7 years of experience in the

lithium industry and is responsible for

business development and is a director

for Chengdu Chemphys Chemical

Industry Co., Ltd. In her role at

Chemphys, Ms. Dai has been involved in

developing strategic partnerships,

international markets and procurement.

Prior to joining Chemphys, Ms. Dai was

an investment banking analyst at J.P.

Morgan Australia in the mining and

metals team. Ms. Dai holds a double

degree in Bachelor of Laws and Bachelor

of Commerce from the University of

Western Australia.

Alison DaiDirector

Page 22: The information contained herein is ... - NRG Metals Inc. · This presentation may include "forward looking statements.” All statements, other than statements of historical fact,

750 W Pender St. Suite 804, Vancouver B.C. Canada V6C-2T7Ph: 855-415-8100 | Direct: 714-316-3272

[email protected]

Adrian F.C. HobkirkPresident and Chief Executive OfficerT: 714-316-3272E: [email protected]

Jose de CastroChief Operating Officer Buenos AiresT: +54 9 1144028155E: [email protected]