Lithium One 060110 Corporate Presentation

8/8/2019 Lithium One 060110 Corporate Presentation

1/20

1238 200 Granville Street, Vancouver, BC V6C 1S4 T: +1.604.697.6259 www.lithium1.com TSXv: Li

June 2010

ADVANCING Lithium Projects TO FEASIBILITY


2/20


2

This presentation contains certain forward-looking statements that mayinvolve a number of risks and uncertainties. Actual events or results coulddiffer materially from Lithium Ones (the Company) expectations andprojections. Except for statements of historical fact relating to the Company,certain information contained herein constitutes "forward-looking statements".

Forward-looking statements are frequently characterized by words such as"plan", "expect", "project", "intend", "believe", "anticipate" and other similarwords, or statements that certain events or conditions "may" or "will" occur.Forward-looking statements are based on the opinions and estimates of

management at the date the statements are made, and are subject to a varietyof risks and uncertainties and other factors that could cause actual events orresults to differ materially from those projected in the forward-lookingstatements. These factors include the inherent risks involved in the explorationand development of mineral properties, the uncertainties involved ininterpreting drilling results and other geological data, fluctuating prices, the

possibility of project cost overruns or unanticipated costs and expenses,uncertainties relating to the availability and costs of financing needed in thefuture and other factors.

Circumstances or management's estimates or opinions could change. Thereader is cautioned not to place undue reliance on forward-lookingstatements.

Forward-Looking Statements


3/20


Corporate Structure

Shares Issued & Outstanding*: 46,074,157

Fully Diluted Shares Outstanding*: 60,939,836Cash Position: ~C$4.5 million

Debt: nil

Recent Share Price: C$1.45Held by Insiders: ~20%

Held by Institutions: ~25%

*at May 31st, 2010


4/20


Focus and Strategy

Two flagship lithium projects progressing through resource stage in 2010A Board seasoned in capital markets

Management with strong mining credentials and superior technicalbackgrounds

Lithium BRINE Asset brownfield exploration adjacent to producing mine

Adjacent FMC operation produces 14% of worlds lithium Drilling and sampling underway, resource expected in H2 2010

Hardrock Lithium Asset high grade open pit target in Quebec

Drilled 12,300 meters in 2009 on 50m grid Resource calculation UNDERWAY; Metallurgical testing UNDERWAY NI

43-101 compliant resource expected in Q2 2010

Purpose-built to Feed the NEW Lithium Battery Market:First-tier Projects, Extraordinary Team, Executing in the Field


5/20


Patrick Highsmith, CEO & DirectorM.Sc. (Geochemistry)

Martin R. Rowley, Chairman

Paul Matysek, DirectorM.Sc. (Geochemistry)

Jeff Pontius, DirectorM.Sc. (Geology)

Darren Pylot, Director

Maurice Colson, DirectorMBA

Founders and Directors

+ 20 years experience in the mining industry Geologist, geochemist, and business development specialist: Rio Tinto,

BHP Billiton, and Newmont Chairman of Copper One Inc.

Founder and former CFO First Quantum Minerals Ltd Executive Director Business Development, First Quantum Minerals Ltd Chairman of Forsys Metals Corp

President & CEO of Potash One Inc Founder of Energy Metals Corp. and Lithium One, Advisor to Copper One Associated with + $250 million in financings and $1.8 billion sale of

company

President and CEO of International Tower Hill Mines Ltd US and N.A. Exploration Manager for AngloGold Ashanti for 7 years -

member of their regional business development team. 4 gold discoveries: Cripple Creek (15MM oz) and Livengood (>8 MM oz)

Founder, Vice-Chairman, & CEO of Capstone Mining Corp

Former President and CEO for Silverstone Resources Corp +17 years in management of junior resource public companies Raised +$200 million in the past three years.

Former managing director in the U.K. for a major Canadian investmentdealer

Provides strategic counsel and financing assistance to emerging privateand public companies in Canada and internationally.

5


6/20


6

Iain Scarr, Vice President - DevelopmentB.Sc (Geology), MBA30 years experience in industrial minerals with US Borax/Rio Tinto. Former Vice President and Commercial Director for US Borax and RioTinto Minerals. Participated in major discoveries and acquisitions in US, Serbia, Bolivia, Uganda, and elsewhere.

James McCann, Qualified Person and Project Manager

M.Sc. (Geology)Over 35 years experience as economic geologist in Quebec. 30 years with Soquem, including roles as Chief Geologist and RegionalManager. Extensive focus on exploration, development, and marketing of industrial minerals in Quebec, particular emphasis on lithium.

Montgomery and Associates Water Resource Consultants, Qualified Person and ConsultantM&A is a leading water resource consulting firm with major offices in Tucson, AZ and Santiago, Chile. In addition to a client listincluding most of the worlds leading mining companies, M&A is involved in all aspects of water resources, including innovativemodeling and measurement technologies. The Sal de Vida Project team has over 120 years cumulative experience, including Salar de

Atacama and other salars in Argentina and Chile.

John Houston, Qualified Person and AdvisorM.Sc. (Hydrogeology), MBAOver 35 years experience as resource hydrogeologist, including resource calculations at Salar del Hombre Muerto, Argentina and Salar deAtacama, Chile. Specialist in brine occurrence, reserve quantification, and exploitation of lithium and potash brines.

Jerome Lukes, Consultant

M.Sc. (Chemical Engineering)Extensive experience in the recovery of lithium carbonate from brines. Designed and managed the process research and development atSalar de Atacama Mine in Chile. Led process development for the potash plant at the Potasio Rio Colorado Project in Argentina andmany other solar evaporation projects in Brazil, Australia, Saudi Arabia, Egypt, Mexico and the United States.

Deborah Thiel, Corporate DevelopmentEducated in International Finance and more than 18 years experience in corporate finance, corporate development, strategy, marketing,and related activities for TSX listed companies. Served in Board and Executive level, as well as corporate development consultant, for

several junior resource companies, including Altius Minerals and AuEx Ventures Inc.

Technical Team and Advisors


7/20


Key Projects

Sal de Vida Lithium Brine ProjectSalar del Hombre Muerto, Argentina

2km

James Bay Bulk Tonnage Lithium ProjectRoute de la Baie James, Quebec


8/20

Sal de Vida Project Land Holdings


9/20


Sal de Vida Project Summary

Acquiring 100% interest in 300+ sq km of the only commercially productive lithium salar inArgentina

FMC Corp. produces ~14% of the worlds lithium from this salar: 10,000 tonnes Li2CO3 and7,600 tonnes LiCl

Low political/permitting risk as western portion of the salar has been permitted and inproduction since 1997

High grades in both lithium and potash obtained throughout first phases of sampling;consistently low Mg:Li ratios

Project on fast track to feasibility decision for Li and K by end of 2010


10/20


Sal de Vida Project Location

RINCON(SENTIENT)

CAUCHARI -OLAROZ

(LITHIUM AMERICAS,

OROCOBRE)

POZUELOS

DIABLILLOS(RODINIA)SAL DE

VIDA

FENIX

(FMC)

RATONES(RODINIA)

TINCALAYU

(RT BORAX)

ANTOFALLA

(VALE - POTASH)

ARIZARO

(VARIOUS)


11/20


Sal de Vida Project Land Overview


12/20


Salar del Hombre Muerto

West Sub-Basin

FMC

East Sub-Basin

Lithium One

Ordovician

Sediments

PrecambrianMetamorphic

Basement

Haliteand

Clastic Sediments

(


13/20


Sal de Vida Project Results to Date

Grid sampling (n=80):

Avg Li = 760 mg/L

Avg K = 8,559 mg/L Avg Mg:Li = 1.65 Widespread near surface aquifer >120km2 so far

Sampling in east sub-basin underway,more geophysics in Q2

Bench-scale evaporation testsunderway; pan evaporation testscommence in Q2

Well drilling underway (4th hole)

Core drilling, pump tests, and detailedhydrologic studies in H2 2010


14/20


Sal de Vida Project - Well Drilling

Preliminary Basin Model fromGravity

Complex Basin Geometry with 4Sub-Basins

Model Suggests Max Depth of

>300 MetersFirst Phase of Well DrillingProgressing from South to Northwith Permits Brine Assays

Pending

Near-Surface Sand Aquifers andMassive Halite from ~35 Meterswith Fractures and Caverns


15/20


Sal de Vida Project Photos

Sampling Methodology


16/20


James Bay Project Overview

Hard rock spodumene pegmatite deposit in NW Quebec:

Excellent infrastructure, low cost power and consumables

Approximately $2.0 million program executed in 2009: 12,300m of core drilling at 50m grid completed with 2 drill rigs on Sept 18, 2009

The Company believes the project will yield a multi-million tonne openpittable resource at a grade of >1.5% Li2O:

NI 43-101 resource and prelim economic assessment expected in Q2 2010Commissioned resource study; beneficiation and metallurgical testingunderway:

Target: payable concentrate and battery grade lithium carbonate


17/20


James Bay Project Location

Route de la Baie James 381kmnorth (4 hours) of Matagami

Discovered in 1966. Drilled bygovt in 1977

Readily accessible by paved road asthe highway cuts through the

propertySignificant Hydro Quebecinfrastructure in the areahightension power


18/20


James Bay Project Summary

Bulk Tonnage Outcropping

Deposit - Open Pit TargetGrid drilled at 50m to 43-101 standards, resourceexpected in H1 2010

Pegmatite dyke swarmsgrade 1.4 to 1.8% Li2O,thicken from east to west.

Maximum intercepts >60mtrue width with favorable

stripFill-in diamond drillingprogram to recommence inWinterSpot Image Showing Property & Infrastructure

Area of Detail

Highway

Camp

Pegmatite Dykes

Pow

erL

ine


19/20

James Bay Project Cross Section

Hole # Width (m) Li2O (%)

JBL09-66 64.0 1.65

JBL09-65 57.9 1.66

JBL09-80 45.5 1.80

JBL09-67 37.3 1.84

JBL09-47 49.5 1.72

JBL09-43 38.9 1.68

JBL09-23 26.9 1.76

JBL09-28 21.0 1.98

JBL09-13 10.5 2.38

JBL09-46 5.6 3.46


20/20


Contact Details

Robbie Orr

Investor Relations

Email: [email protected]

Lithium One Inc.Suite 1238 - 200 Granville St.

Vancouver, BC, V6C 1S4Tel: 604-697-6259Fax: 604-408-4799

Email: [email protected]: www.lithium1.comExchange & Symbol: TSX-V Li

Lithium One 060110 Corporate Presentation

Documents

Transcript of Lithium One 060110 Corporate Presentation