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1 Welcome to Our Backyard… A Domestic Lithium Hardrock Mining Opportunity OTC: CORX

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Page 1: Welcome to Our Backyard… A Domestic Lithium Hardrock ...€¦ · o Pegmatite lithium deposits, also known as hard-rock lithium deposits, can contain extractable amounts of a number

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WelcometoOurBackyard…ADomesticLithiumHardrockMiningOpportunity

OTC: CORX

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NOTICE REGARDING FORWARD-LOOKING STATEMENTS

This presentation may include statements which, other than statements of historical facts, may be considered "forward–looking statements“.These may include, but are not limited to, statements with respect to the future financial or operating performance of the Company and itsprojects, the future price of lithium or other metal prices, the estimation of mineral resources, the timing and amount of future production, costsof production, capital, operating and exploration expenditures, costs and timing of development of new deposits, costs and timing of futureexploration, requirements for additional capital, government regulation of mining operations, environmental risks, reclamation expenses, titledisputes or claims, limitations of insurance coverage and timing and possible outcome of regulatory matters. Often, but not always, forward–looking statements can be identified by the use of words such as "plans", "expects", "budgeted", "scheduled", "estimates", "forecasts", "intends","anticipates", or "believes" or variations (including negative variations) of such words and phrases, or statements that certain actions, events orresults "may", "could", "would", "might" or "will" be taken, occur or be achieved. Information inferred from the interpretation of drilling resultsand information concerning mineral resource estimates may also be deemed to be forward–looking, as it constitutes a prediction of what mightbe found to be present when and if a project is actually developed. Although the Company believes the expectations expressed in such forward–looking statements are based on reasonable assumptions, such statements involve known and unknown risks, uncertainties and assumptions, andare not guarantees of future performance and actual results may differ materially from those expressed in the forward–looking statements. Suchfactors include, among others: general business, economic, competitive, political and social uncertainties; the actual results of current explorationactivities, actual results of reclamation activities; conclusions of economic evaluations; fluctuations in the value of the Canadian dollar; changes inproject parameters as plans continue to be refined; changes in labour costs or costs of equipment or processes to operate as anticipated;accidents, labour disputes and other risks of the mining industry, including but not limited to environmental hazards, cave–ins, pit–wall failures,flooding, rock bursts and other acts of God or unfavourable operating conditions and losses, detrimental events that interfere with transportationof lithium, including declaration of Force Majeure events, insurrection or war; delays in obtaining governmental approvals or financing or in thecompletion of development or construction activities. Although the Company has attempted to identify important factors that could cause actualactions, events or results to differ materially from those described in forward–looking statements, there may be other factors that cause actions,events or results to differ from those anticipated, estimated or intended. There can be no assurance that forward–looking statements will prove tobe accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should notplace undue reliance on forward–lookingstatements.

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Investment Highlights

o CoreLithiumisapubliclytraded(NevadaCorp.)specializingintheexploration,mining,anddevelopmentofprospectiveLithiumassetsinNorthAmerica.

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o Thecompanyhasacquired100%ownershipoffifty-six(56)miningtitlestotaling7,840acresintheJamesBayregionofNorthernQuebec,Canada.

o TheGeologyoftheCoreLithiumpropertyshowssignificantsimilaritiestonearbyproductiveoperationsandenjoysreadyaccesstoroads,electricity,contractors,suppliersandairports.

o Thegeologicdomainissituatedwhererelativelylarge-scalepegmatitefieldscanbelinkedtospecificregionalrocksandstructuresknowntohostLithium.

CoreLithiumCorp.TradingOTC:CORXCUSIP21871R102FiscalY/E:Dec31SharesOutstanding:67,794,661

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Lithium Demand

o ThemajorityofincreaseddemandforLithiumcomesfromelectricvehicles(EV’s),whicharepredictedtobecheaperthanpetroleumfueledcarsby2024.

o Industrygrowthisexpectedtotranslateinto25millionEV’sbeingsoldannuallybytheyear2030.

o Additionally,governmentproductionquotasinChina,inanefforttoreducepollution,aresettobringtotalinvestmentinLithiumminingtobetween$350billionand$750billionby2030.

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Fromcellphonestolaptopstoelectricvehicles,lithiummakesupanincreasinglyimportantpartofthedailylivesofbillionsofpeoplearoundtheworld.

Source:BloombergNewEnergyFinance

PredictedEVCarSales(2017-2030)

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Hard Rock vs. Brine Mining

o Pegmatiteisacoarse-grainedintrusiveigneousrockformedfromcrystallizedmagmabelowtheEarth’scrust.o Pegmatitelithiumdeposits,alsoknownashard-rocklithiumdeposits,cancontainextractableamountsofanumberofelements,

includinglithium,tin,tantalumandniobium.o Lithiuminpegmatitesismostcommonlyfoundinthemineralspodumene,butalsomaybepresentinpetalite,lepidolite,

amblygonite,andeucryptite.o Hard-rockorecontaininglithiumisextractedatopen-pitorundergroundminesusingconventionalminingtechniques.Theoreis

processedandconcentratedusingavarietyofmethodspriortodirectuseorfurtherprocessingintolithiumcompounds.5

v HardRockLithiumDeposits– LithiumdevelopmentandmininginCanadaispredominantlyfoundintheCanadianShieldofNECanada,withexplorationfocusedonfindinghigh-gradespodumenelithium-bearingpegmatiteofeconomicsize.SeparatingtheLithiumbearingspodumenefromtheothermineralsoccursbydensemediaseparationand/orflotation,creatingaconcentratethatformsthebasicproductionmaterialforbattery-gradelithiumchemicals.

v BrineProcessing– Brinedepositsoccurinclosedbasinwithhighevaporationrates,themostfamousofwhicharelocatedinthehighAndesofSouthAmerica.Brinelithiumconcentratesaregenerallylowerthanspodumenedepositsandrequireadditionaltimeandcollectionponds,withrecoveriesbeinggenerally<50%.

PegmatiteLithiumDeposits

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Project Overviewo TheCoreLithiumProjectinQuebec,Canadacomprises56

contiguousclaimstotalingroughly3,000ha(approx.7,400acres)inanLi-enrichedgeologicdomain,whererelativelylarge-scalepegmatitefieldscanbelinkedtospecificregionalrocksandstructuresknowntohostLithium.

o Ourprojectincludesfourmappedpegmatiteoccurrenceswithnohistoricanalysis/followup.

o Stakingisbasedonhistoricgovernmentexploration,interpretationofoverlookedLithium-Cesium-Tantalum(LCT)pegmatite-bearingregionalstructures,andproximitytoknownLCTlithiumdeposits.

o Projectiscentred10kmawayfromCriticalElementCorp.’sRose(Li-Ta)Projectinthesamegeology.

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Location

o Located in mining-friendly jurisdiction of Quebec, ranked 6th in the world for mining investment.

o Prospective Li geology is very actively explored.o Most of the favourable ground between Nemaska,

Rose, Cyr deposits and Pontax showings is solidly staked.

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Quebec Lithium Projects

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PROJECT COMPANY STAGECurrentResourceMt

(Date)UNDILUTEDGRADELi20

Cut-offgradeLi20

Rose1. CriticalElements FS26.5

(I:2012PEA)1.34% $41pit,$66u/g

QuebecLithium2. JilinJienNickelCo.FS 29.29

(M+I:2011)1.19% 0.8%

Authier3. SayonaMining PEA7.7

(M+I:2011)0.96% 0.5%

CYR(JamesBay).GalaxyResources(formerlyLithiumOne)

PFS11.75

(I:2010)1.30% 0.75%

Whabouchi5. Nemaska FS27.3(2016)

1.46% 0.43%

Moblan West 6. Perilya(Globestar)/Soquemexploration-scoping

14.25(M+I+I:2011)

1.41% 0.60%

1. If consider Ta byproduct, Rose deposit (current Indicated resource of 26.5 million tonnes of 1.30% Li2O Eq. or 0.98% Li2O and 163 ppm Ta2O5 plus an Inferred resource of 10.7 million tonnes of 1.14% Li2O Eq. or0.86% Li2O and 145 ppm Ta2O5) (CRE-web site, May 15th, 2016, diluted grades)

2. Canada Lithium, located near Authier, has a Feasibility Study showing proven and probable reserves of 17.1 million tonnes grading 0.94% Lithium Oxide at 0.60% cut off with a strip ratio of 5.4:1 in addition ofhaving a Lithium Carbonate plant recently built at a cost of $291.3 million. The plant is currently on care and maintenance due to bankruptcy filings (Glen Eagle: 2015 project update).

3. Authier: measured and indicated resource of 7.7 million tonnes grading 0.96% Lithium Oxide at 0.50% cut off. The project has a ten year mine life based on processing 2,200 tonnes per day. The data wasretrieved from Glen Eagle’s Preliminary Economic Assessment Study done by SGS Canada. The Authier Property Technical Report shows a core resource with 3.7 million tonnes grading 0.94% at a strip ratio of 2:1(Glen Eagle: Dec 2015 project update).

4. James Bay lithium pegmatite Project in Quebec, Canada contains indicated resources of 11.75 million tonnes grading at 1.30% Li2O and inferred resources of 10.47mt grading at 1.20% Li2O.5. Proven and Probable: 27.30 Mt at 1.46% Li2O (2016). Cut off grade is 0.43% Li2O open pit, 0.80% Li2O underground.6. An independent 2011 Technical Report prepared on the Moblan West deposit calculated a total mineral resource of 14.25 million tonnes (M+I+I) at a grade of 1.41% Li2O using a 0.60% Li2O cut-off grade.

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Major Regional Resource Rose Deposit (Critical Elements Corp.)

o RoseDepositis10KmSEofCORELithiumProjecto Resourcescontainedin9 of23sub-horizontal,

structurally-controlledpegmatites,atandnearsurface.o Zonethicknessfrom2mto21m,averaging13m.o Excellentpotentialtoconsiderablyandquicklyincrease

thesizeofdepositatRoseitselfandthenearbyPivertandHelico showings.

o Lowironinspodumeneoreat Roseprovideconcentrateswhichmeetspecsfortechnicalgrade(<0.25%Fe)products(i.e.highpurity/lowoperatingcost).

o Potentialrevenuefromtantalumandmicabyproducts.o Roseproductionfeasibilitystudycompletedin2017.o Rosestudywasbasedonaconventionaltruckand

shovelopenpitoperationandconventionalmillingtoproducetechnicalandchemicalgradespodumeneconcentratesandatantaliteconcentrate.

o ClaimssoutheastofCOREownedbyCriticalElements;northandwesthavebeenexploredforgoldforlast6years(ExplorationDios/Osisko/EastmainResources).

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Geologyo Fourpegmatiteshowingsmappedregionallyby

governmentgeologist.Nofollow-uporsamplingcompleted.

o SeveralareasidentifiedaspotentiallyfavourableforLi(plusTa,REE),ZnandMo.

o Favourable regionalscalemajorstructurespluslocal(NNW,NNEandNEandroughlyE-Wtrending)fracturesandtheirintersectionsservedaslocusforintrusionofLi-richpegmatites.

o Immediatetargetsfor follow-upbasedonpastregionalLiexplorationinJamesBayareausingspecificsatelliteimageryandconsideringtheregionalscaleverticalmagneticgradientalongwithknownlocal/regionalgeologyfromQuebecgovernment.

o Cheapandcost-effectiveexploration

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Geologyo Centrallylocatedinlithiumrichanddistrict-scalegeologicsub-provincewithrelativelylarge-scalepegmatitefieldslinkedtospecificregionalrockunitsandstructures.

o Regionallocationinage-favourableSuperiorProvincewithinpermissiveArcheanandNeoArchean geologicaldomains(20kmby100km)characterizedbytonalites,granodioritesandgranites.

o Favourable Li-bearingpegmatitesareproximal(1to5km)ofrelativelyhomogeneousgraniticintrusives (e.g.Mitsumis pluton)identifiedasparents.

o NotesimilarityofgeologybetweenRoseandCORE

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Geologyo Pegmatitesoccuronthepropertywithin

granodiorite,tonalite,andmonzogranite.o Characteristicanddistinctivewhitepegmatites

readilyidentifiedinsatelliteimagery.o SamelithologicdomainasCriticalElement’s

26.5Mt1.34%LiRoseDeposito Locatedinasimilarzoneofintersectionof

favorablyorientedregionallineaments/structuresfoundatRose.

o “Neighbourhood”Lidepositscharacterizedbyexcellentcontinuity;coarsecrystalsize;sparsezoning;average10-15mthickness;outcropping,withatleast800mofstrikeand+1000malongdip.

o BothRoseandNemaska exploredforonly1500mdown-dipbeforeidentifyingsufficientresourcesforfeasibility-levelproductiondecision.

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Infrastructure & Jurisdictiono Regionalinfrastructuresupportslowcostexploration.

o Powerlinecutsthroughtheproperty.o Satelliteimageryshowspegmatite outcroppingforfirstphasesampling.

o QuadATVaccessfromnearbynetworkofwellmaintained“heavyhaul”roads.

o Highlyactiveareaofexplorationwithmajorcontractorsandsuppliersnearby.

o Productionfeasibilitystrategybasedonconventionaltruckandshovelopenpitoperationandconventionalmilling.

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Proposed Work Program

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2018 – 2019o Airborne surveyo Detailed geological & structural mappingo Field prospectingo Geophysical worko Grab and channel samplingo N.I. 43-101 report preparationo Diamond drill testing

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ManagementChristopher Vallos, President and Executive DirectorAs a senior executive, Mr. Vallos has a broad and deep experience as a general manager in both large corporate and entrepreneurialenvironments. Mr. Vallos' experience provides a thorough understanding of the profit center concept, the management of annual budgeting,and profit planning Mr. Vallos thinks strategically, plans convincingly, and is particularly effective in an inter-active environment thatemphasizes a high level of communication and teamwork. Areas of expertise include, financial and strategic analysis. mergers and acquisitions,marketing and deal structuring, as well as strong general management experience. Mr. Vallos holds a Master of Business Administration fromLake Erie College, Painesville Ohio. Mr. Vallos currently is Certified Six Sigma Black-Belt and has extensive experience in the financial andoperational needs to run a successful company.

Ed Morrow, VP Mining ExplorationMr. Morrow brings extensive mining expertise to our project. He has worked as an employee or consultant for over 35 years in exploration,development and production in the natural resources area - in multiple commodities. He has held line and executive positions within themining and minerals industry with Sonoma Quicksilver, Utah International Inc, InterPace Corporation, Federal Bentonite Corporation,Homestake Mining company, Laminco Resources Inc, and Zaruma Resources Inc. Mr. Morrow also has over 10 years’ experience in real estatemanagement including planning, entitlement, permitting, engineering and construction management.

Dov Zaidman, VP FinanceMr. Zaidman is a founding partner of ZBS Group, LLP (an independent member of ABACUS Worldwide), a local practice based in Plainview,New York, where he manages both the Audit and Taxation Divisions. He has over 30 years of Private and Public Company Audit, InternationalBusiness and tax experience His areas of expertise include real estate, internet services, wholesale, restaurants and construction. Herepresents foreign clients who have business relationships in the United States as well as American businesses with international dealings. Dovstarted his career in 1983 holding various positions in both public and private accounting. Prior to forming ZBS Group, LLP, Dov had been apartner at Frumkin, Lukin & Zaidman, CPA’s, P.C. In private accounting, he held the position of Assistant Director of Revenue with Tower AirInternational Inc and US Financial Controller at Travelex America, Inc. a major foreign currency exchange. While in this position, he gainedinternational experience.

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Summaryo Project Location: Northern Quebec, Canada o Project Area: Fifty-six (56) contiguous claims totalling over 3,000Ha in an Lithium-enriched geologic domain.o Claim staking based on historic government exploration, interpretation of overlooked Lithium-Cesium-

Tantalum (LCT) pegmatite-bearing regional structures.o Close proximity to cheap power source, with power lines cutting through property.o Identified by experienced project generators with direct experience in advancing Quebec lithium deposits. o Existing infrastructure already in-place.o Strategic Location: Close proximity to Critical Element’s Rose Deposit, with favourable and major regional

scale structures, plus local fractures and their intersections serve as locus for intrusion of Li-rich pegmatites.

Favourable Geology │ Potentially Large Shallow Resource │ Accessible Infrastructure

Core Lithium Corp. is uniquely positioned to leverage the global shift to Electric Vehicles.

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Lithium has always been an important element, but with the advancement of electric vehicles coming to the forefront of 21st century transportation needs, being able to readily and consistently produce low cost, technical-grade Lithium is more important than ever.

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CoreLithiumCorp.250EastFifthStreet,15thFloorPMB#121

Cincinnati,OH45202USATel:+1(513)[email protected]

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ThankYou

OTC: CORX