ASX: GSC Rhyolite Ridge L ith ithium-Boron Proj roject Path thway to to Pro roduction Nev evada, USA Investor Presentation – August 2017
Important Notices and Disclaimers This presentation has been prepared as a summary only and does not update or review any forward-looking statements, whether as a result of contain all information about Global Geoscience Limited’s (“Global” or “the new information or future events. Past performance cannot be relied on as Company”) assets and liabilities, financial position and performance, profits a guide to future performance. and losses, prospects, and the rights and liabilities attaching to Global’s Compe petent nt Persons ns Sta tate tement nt securities. The securities issued by Global are considered speculative and there is no guarantee that they will make a return on the capital invested, The information in this report that relates to Exploration Results is based on that dividends will be paid on the shares or that there will be an increase in information compiled by Bernard Rowe, a Competent Person who is a the value of the shares in the future. Member of the Australian Institute of Geoscientists. Bernard Rowe is a shareholder, employee and Managing Director of Global Geoscience Ltd. Global does not purport to give financial or investment advice. No account Mr Rowe has sufficient experience that is relevant to the style of has been taken of the objectives, financial situation or needs of any mineralisation and type of deposit under consideration and to the activity recipient of this presentation. Recipients of this presentation should being undertaken to qualify as a Competent Person as defined in the 2012 carefully consider whether the securities issued by Global are an Edition of the ‘Australasian Code for Reporting of Exploration Results, appropriate investment for them in light of their personal circumstances, Mineral Resources and Ore Reserves’ . Bernard Rowe consents to the including their financial and taxation position. Investors should make and inclusion in the report of the matters based on his information in the form rely upon their own enquiries before deciding to acquire or deal in the and context in which it appears. Company's securities. In respect of Mineral Resources referred to in this presentation and For orward Loo ooking king Sta tatements ts previously reported by the Company in accordance with JORC Code 2012, Various statements in this presentation constitute statements relating to the Company confirms that it is not aware of any new information or data intentions, future acts and events which are generally classified as “forward that materially affects the information included in the public report titled looking statements” . These forward looking statements are not guarantees “Maiden Resource for South Basin at Nevada Lithium-Boron Project” dated or predictions of future performance and involve known and unknown risks, 10 October 2016 and released on ASX. Further information regarding the uncertainties and other important factors (many of which are beyond the Mineral Resource estimate can be found in that report. All material Company’s control) that could cause those future acts, events and assumptions and technical parameters underpinning the estimates in the circumstances to differ materially from what is presented or implicitly report continue to apply and have not materially changed. portrayed in this presentation. No of No offer of of se secur urit itie ies For example, future reserves described in this presentation may be based, in Nothing in this presentation should be construed as either an offer to sell or part, on market prices that may vary significantly from current levels. These a solicitation of an offer to buy or sell Global securities in any jurisdiction, or variations may materially affect the timing or feasibility of particular be treated or relied upon as a recommendation or advice by Global. developments. Relia iance on on thir hird party informatio ion Words such as “anticipates”, “expects”, “intends”, “plans”, “believes”, “seeks”, “estimates”, “potential” and similar expressions are intended to identify The views expressed in this presentation contain information that has been forward-looking statements. derived from publicly available sources that have not been independently Global cautions security holders and prospective security holders to not verified. No representation or warranty is made as to the accuracy, place undue reliance on these forward-looking statements, which reflect completeness or reliability of the information. This presentation should not the view of Global only as of the date of this presentation. The forward- be relied upon as a recommendation or forecast by Global. looking statements made in this presentation relate only to events as of the Note ote: All $ ’s are US US$ ’s except pt wh where ot othe herwis ise note oted. date on which the statements are made. Except as required by applicable 2 ASX: GSC regulations or by law, Global does not undertake any obligation to publicly
Company Overview 3 ASX: GSC
Corporate Overview Ca Capita tal St Structu ture as of of 1 Au Aug, , 2017 Shares 1,139M Options (unlisted) 75M Performance Rights (unlisted) 28M Cash A$7.4M Share Price A$0.19 Market Cap. A$216M Directo Dir tors James D. Calaway Non-Exec. Chairman Volume averages 1.5 to 2.0 million shares per day Bernard Rowe Managing Director Majo ajor Sha Sharehold lders Alan Davies Non-Exec. Director Top 20 60% Patrick Elliott Non-Exec. Director Directors 8% John Hofmeister Non-Exec. Director 4 ASX: GSC
Investment Highlights 2 Sources of Revenue Experienced Team 50:50 Lithium & Boron Bernard Rowe James Calaway Lithium Price Managing Director Chairman 1t Lithium $$$$$ Lithium Carbonate 13 Revenue $$$$$ Boric Acid Price Boron 9t Boric Acid Orocobre’s former Years Exploring Revenue $ Chairman Nevada Simple Mining Process Mining-Friendly Nevada New New Well Serviced by Infrastructure Capex Ca Ope pex Technolo Te logy Skilled Mining Workforce 350 Km from Reno/ Tesla Gigafactory Not Lower than Lower than Required Brines Pegmatites 100% Owned Project 5 ASX: GSC
Rhyolite Ridge - Advantages Over Other Lithium Projects = Nevada Location Mining friendly & close to markets = Large deposit Long mine life = Shallow, thick & flat lying Low strip ratio = Soft ore and waste rock Low-cost mining and milling = Amenable to acid-leaching No roasting or new technology = $ $ Lithium and Boron products Two revenue streams 6 ASX: GSC
Rhyolite Ridge Project Overview Large 100%-owned property Sediment-hosted deposit • Similar mineralisation in two basins • North Basin – Mineralisation outcrops over 3 km • confirmatory strike length drilling required 13km Indicated & Inferred Resource • Maiden Resource - Oct 2016 • Resource open to the N, S and E • 393Mt at 0.9% lithium carbonate (Li 2 CO 3 ), 2.9% boric acid (H 3 BO 3 ) High-Grade Upper Zone South Basin – Cross-section maiden • 65 Mt at 1.0% lithium carbonate, 9.1% Line 4185600N Resource boric acid contains: underlies o 0.65 Mt lithium carbonate shaded area o 5.9 Mt boric acid Further drilling likely to add substantially to initial Resource 1 km 7 ASX: GSC
Rhyolite Ridge – Simple Mining & Processing • Metallurgical testwork demonstrates: Simple process route o Flotation to removed acid consuming carbonate from Li-B ore (>95% recoveries) o Acid leach to extract lithium and boron (>95% recoveries) o • Scalable production options • No new technology required • Two products (Lithium Carbonate and Boric Acid) of roughly equal value produced on site Lookin ing so south utheast t over ver Rhy Rhyolite te Ri Ridge So South uth Bas asin in 8 ASX: GSC ASX: GSC
South Basin Cross-Section 4185600N SLB-2 Upper Zone of 65Mt contains: 28m 8m at 163 637pp ppm Li Li, 1.80% B • 0.65Mt lithium carbonate • 5.9Mt boric acid 47.2m at 1461p 47 461ppm pm Li Li, 1.39 39% B 29m 9m at 1564 564pp ppm Li Li, 1.90% B 19m 9m at 2148 48pp ppm Li Li, 1.34% 34% B 55m 55m at 1415p 415ppm pm Li Li, 1.47% B 35.1m at 1207pp 35. ppm Li Li, 0.98% B 33. 33.5m 5m at 1023pp 3ppm Li Li, 2.29% B 22.9 .9m at 1354 354ppm pm Li Li, 1.68% B Upper Searlesite Zone shown in BLU BLUE hosts high-grade Indicated and Inferred Resource of 9 65M 5Mt at 1910 10pp ppm Li (1.0% 0% Li 2 CO CO 3 ) and nd 1.59 59% B B (9.1% % H 3 BO BO 3 ) ) ASX: GSC ASX: GSC
The Lithium-Boron Advantage Boron Bor Strong Glass, Ceramics Demand Insulation Growth Li Lithiu ium Electronics Energy Agri. Limited Storage Essential for Supply in Electric Modern Life North America Vehicles Rhyolite Ridge is a near-term, cost-competitive, major producer of lithium carbonate and boric acid with scalable production options. Pre-Feasibility Study In Progress 10 ASX: GSC
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