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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
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
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.
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.
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
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
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.”
DRILLING UNDERWAY ATTWO LITHIUM BRINE PROJECTS
9
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
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
HOMBRE MUERTO NORTH LITHIUM PROJECT
12
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
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
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
SALAR ESCONDIDO LITHIUM PROJECT
16
ARGENTINA
CATAMARCA
SALAR ESCONDIDO LITHIUM PROJECT
17
ARGENTINA
CATAMARCA
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
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
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
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
750 W Pender St. Suite 804, Vancouver B.C. Canada V6C-2T7Ph: 855-415-8100 | Direct: 714-316-3272
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]