Global Geoscience
Global Geoscience Limited ASX:GSC
Rhyolite Ridge Lithium-Boron Project
Nevada, USA
1 ASX: GSC
Disclaimer
Forward Looking Statements
This presentation may contain some references to forecasts, estimates, assumptions and other forward-looking statements. Although the company believes that its expectations, estimates and forecast outcomes are based on reasonable assumptions, it can give no assurance that they will be achieved.They may be affected by a variety of variables and changes in underlying assumptions that are subject to risk factors associated with the nature of the business, which could cause actual results to differ materially from those expressed herein.All references to dollars ($) and cents in this presentation are to Australian currency, unless otherwise stated.
Investors should make and rely upon their own enquires and assessments before deciding to acquire or deal in the Company's securities.
Competent Persons Statement
The information in this report that relates to Exploration Results and Exploration Targets is based on information compiled by Bernard Rowe, a Competent Person who is a Member of the Australian Institute of Geoscientists. Bernard Rowe is an employee and Managing Director of Global Geoscience Ltd. Bernard has sufficient experience that is relevant to the style of mineralisation and type of deposit under consideration and to the activity being undertaken to qualify as a Competent Person as defined in the 2012 Edition of the 'Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves'. Bernard Rowe consents to the inclusion in the report of the matters based on his information in the form and context in which it appears.
In respect of Exploration Results and Exploration Targets referred to in this presentation and previously reported by the Company in accordance with JORC Code 2012, the Company confirms that it is not aware of any new information or data that materially affects the information included in the relevant market announcements or in this presentation.
2 Global Geoscience Ltd
ASX: GSC
Investment highlights
Attractive market fundamentals
Increased global demand for lithium expected to grow1:
70% by 2020 (359kt)
190% by 2025 (534kt)
Favourable market conditions for boron
320km from Tesla Gigafactory (Nevada)
High quality asset
Over 100 drill holes and 450 trench and rock chip samples
Exploration Target2 : 200-300Mt at 0.6-1.1% Lithium Carbonate Eq. and 0.6-1.2% Boron
Opportunity to rapidly advance project to PFS stage
Target represents less than 10% of total prospective area
Potential for long-life, low-cost domestic source of Lithium
lower capital costs and shorter lead time vs. Brine
lower operating costs vs. Pegmatite
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Deutsche Bank - Lithium 101 (9 May 2016)
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The potential quantity and grade of the Exploration Target is conceptual in nature and there has been insufficient exploration to estimate a Mineral Resource. It is uncertain if further exploration will result in the estimation of a Mineral Resource.
3 Global Geoscience Ltd
ASX: GSC
Global market - Li & B
Boron
Two companies currently produce majority of world supply
Rio Tinto and Eti Maden AS
Used in glass, fibre glass, ceramic and agriculture industries
Only one mine in production in the USA
USA and Turkey main producers
Borax US$550-1100/t
Boric Acid US$750-1250/t
Colemanite (80% con.) ~ US$350/t
Lithium
Four companies currently produce 85% of world supply
Nearly 60% of world's identified Li resources in Bolivia, Chile and Argentina
Only one mine in production in the USA
Start of the Lithium-ion Age
Rapid growth in demand predicted
Driven by Electric Vehicles and Energy Storage
Demand forecast to increase 70% by 2020 and190% by 20251
Lithium-ion battery market predicted to quadruple by 20201
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Deutsche Bank - Lithium 101 (9 May 2016)
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4 Global Geoscience Ltd
ASX: GSC