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Investor Presentaiton

SOLAROZ LITHIUM BRINE PROJECT Table 1: Upgraded Total JORC Indicated and Inferred Mineral Resource Estimate Mineral Resource Lithology Units Sediment Volume (million m³) Specific Yield % Brine volume million m³ LCE Lithium mg/l Lithium Tonnes Tonnes Category A (Upper Aquifer) 7,200 10.0% 720 245 176,600 940,000 Indicated B (Halite Salt Unit) 1,731 4.0% 69 340 23,600 125,000 Mineral C (Lower Aquifer) 4,671 6.5% 304 363 110,000 590,000 Resource D (Tertiary Basement) 5,651 5.8% 328 406 133,000 705,000 TOTAL 19,253 7.4% 1421 312 443,200 2,360,000 A 3,589 10.0% 359 245 88,000 470,000 Inferred B 3,060 4.0% 122 340 42,000 220,000 Mineral C 1,058 6.5% 69 362 25,000 130,000 Resource D 634 5.8% 37 405 15,000 80,000 TOTAL 8,340 7.0% 587 289 170,000 900,000 TOTAL INDICATED & INFERRED MINERAL RESOURCE 7.3% 305 3,260,000 Notes: (b) (c) The Indicated Mineral Resource Estimate encompasses the Chico I, Chico V, Chico VI, Payo 2 South and Silvia Irene (Central Block) concessions The Inferred Mineral Resource Estimate encompasses the Mario Angel, Payo 2 South and Silvia Irene, Payo 1 and Payo 2 North concessions, and is in addition to the Indicated Mineral Resource Estimate Lithium (Li) is converted to lithium carbonate (Li₂CO3) equivalent (LCE) using a conversion factor of 5.323 (d) Totals may differ due to rounding Reported at a zero Lithium mg/l cut-off grade Total Specific Yields are weighted averages Source: LEL ASX Announcement dated 26 October 2023: Significant Solaroz Milestone Achieved with Upgrade to 2.4Mt LCE JORC Indicated Resource EL LITHIUM ENERGY LTD ASX:LEL 19
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