Sarah Wells

NEW YORK, Jan. 31, 2018 /PRNewswire/ — Piedmont Lithium Limited (“Piedmont” or “Company”) is pleased to advise that the Company has increased its lithium mineral rights by 188 acres through a strategic land acquisition agreement signed with local landowners in the Carolina Tin-Spodumene Belt (“TSB“) in North Carolina, United States.  The new acreage adjoins a 57-acre parcel already under option by Piedmont, creating a large 245-acre contiguous land package in close proximity to the past-producing Hallman-Beam mine and within four miles of the Company’s current Phase 3 drilling program.

During initial prospecting, areas of multiple spodumene bearing float blocks were identified on the new property, and grab samples have been collected and submitted to the lab for analysis.  Prospecting and soil sampling will commence in the near future in order to identify high priority drill targets.

The Piedmont Lithium Project now encompasses approximately 1,092 acres within the TSB, representing a 20.7% increase in the Company’s land holding as previously announced to the Australian Securities Exchange (“ASX”). Piedmont’s strategy is to consolidate land in the region between its newly optioned and historical landholdings in order to support the large and long-lived integrated lithium project the Company intends to develop.

Keith D. Phillips, President and Chief Executive Officer, said, “This land acquisition is highly-strategic because the property is located on-trend and immediately south of the historic Hallman-Beam mine, one of the world’s largest sources of lithium from the 1950s to the 1990s.  In combination with 57 adjacent acres we already control, we now have a 245-acre package which could serve as a second core mining area for the Company, possibly enabling us to significantly increase the size of our lithium project. Our geologists are excited about the prospects on the new land and will be designing a drill program in the near future.”

For further information, contact:

About Piedmont Lithium

Piedmont Lithium Limited (ASX: PLL; OTC-Nasdaq: PLLLY) holds a 100% interest in the Piedmont Lithium Project (“Project”) located within the world-class Carolina Tin-Spodumene Belt (“TSB”) and along trend to the Hallman Beam and Kings Mountain mines, historically providing most of the western world’s lithium between the 1950s and the 1990s.  The TSB has been described as one of the largest lithium provinces in the world and is located approximately 25 miles west of Charlotte, North Carolina.  It is a premier location to be developing and integrated lithium business based on its favourable geology, proven metallurgy and easy access to infrastructure, power, R&D centres for lithium and battery storage, major high-tech population centres and downstream lithium processing facilities.

The Project was originally explored by Lithium Corporation of America which eventually was acquired by FMC Corporation (“FMC”). FMC and Albemarle Corporation (“Albemarle“) both historically mined the lithium bearing spodumene pegmatites within the TSB and developed and continue to operate the two world-class lithium processing facilities in the region which were the first modern spodumene processing facilities in the western world. The Company is in a unique position to leverage its position as a first mover in restarting exploration in this historic lithium producing region with the aim of developing a strategic, U.S. domestic source of lithium to supply the increasing electric vehicle and battery storage markets.

Piedmont, through its 100% owned U.S. subsidiary, Piedmont Lithium Inc., has entered into exclusive option agreements and land acquisition agreements with local landowners, which upon exercise, allow the Company to purchase (or in some cases long-term lease) approximately 1,092 acres of surface property and the associated mineral rights.

Forward Looking Statements

This announcement may include forward-looking statements. These forward-looking statements are based on Piedmont’s expectations and beliefs concerning future events. Forward looking statements are necessarily subject to risks, uncertainties and other factors, many of which are outside the control of Piedmont, which could cause actual results to differ materially from such statements. Piedmont makes no undertaking to subsequently update or revise the forward-looking statements made in this announcement, to reflect the circumstances or events after the date of that announcement.

Competent Persons Statement

The information in this announcement that relates to Exploration Results is based on, and fairly represents, information compiled or reviewed by Mr. Lamont Leatherman, a Competent Person who is a Registered Member of the ‘Society for Mining, Metallurgy and Exploration’, a ‘Recognized Professional Organization’ (RPO). Mr. Leatherman is a consultant to the Company. Mr. Leatherman has sufficient experience that is relevant to the style of mineralization 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’. Mr. Leatherman consents to the inclusion in the report of the matters based on his information in the form and context in which it appears.

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SOURCE Piedmont Lithium Limited

NEW YORK, Jan. 23, 2018 /PRNewswire/ — Piedmont Lithium Limited (ASX: PLL, OTC-Nasdaq: PLLLY) (“Piedmont” or “Company”) is pleased to announce the appointment of Primero Group and CSA Global to commence and manage a Scoping Study (“Scoping Study”) on the Company’s Piedmont Lithium Project (“Project”), located within the world-class Carolina Tin-Spodumene Belt (“TSB”) in North Carolina, USA.

The Scoping Study will address an integrated Project including mine, concentrator, and lithium conversion plant. The location of the Project in mining-friendly North Carolina is expected to provide many positive advantages to the integrated Project, given the Project’s proximity to:

• existing natural gas and power infrastructure;
• large, educated, and low-cost workforce with experience in lithium sector;
• major transportation infrastructure;
• existing major downstream lithium processing facilities; and
• major US battery customers (GM, BMW, Nissan, Mercedes, Tesla, etc.).

The Company expects to complete the Scoping Study early in Q3 2018.  The Scoping Study will be published shortly after the announcement of a maiden Resource, which is expected in Q2 2018.

Primero Group has been appointed as lead engineer and will focus on the concentrator and lithium conversion plant aspects of the Study. Primero Group brings valuable hard rock lithium experience to the Project, having been engaged on recent projects in Australia and Canada at the scoping, feasibility, and EPC project delivery level.  Managing Director, Cameron Henry, commented, “We are very pleased to be continuing our relationship with the Piedmont team through the development stages of both the upstream and downstream processing facilities of their project.  Our chemical and hydrometallurgical team is working on a number of similar projects currently and the award of this scope of works demonstrates the sound capability and strength of the growing business unit globally. We look forward to more news flow in the coming months on the developing Piedmont story.”

CSA has been appointed to complete the mine design, and has been working with Piedmont on resource geology, QA/QC, and database management on the Project.  President of the Americas for CSA Global, Stan Wholley, stated, “By leveraging CSA Global’s strong international lithium development experience and the high quality of Piedmont’s local technical team, we are working to rapidly advance towards the Mineral Resource and Scoping Study stage.  Given the desirable location and excellent infrastructure, Piedmont is in a strong position to rapidly advance this asset.”

Keith D. Phillips, President and Chief Executive Office, said, “We are extremely pleased with the appointment of respected engineering consultants Primero and CSA Global.  The experience and ability that these companies bring to Piedmont Lithium’s Scoping Study efforts will add value to our exciting Project as the Company begins its next stage of project development.  The addition of a conversion plant to the Scoping Study potentially enhances Piedmont’s position as one of the world’s best-located lithium projects.  In parallel with these engineering study efforts Piedmont expects to begin its permitting process and metallurgical test work programs within Q1 2018.”

For further information, contact:

About Piedmont Lithium

Piedmont Lithium Limited (ASX: PLL; OTC-Nasdaq: PLLLY) holds a 100% interest in the Piedmont Lithium Project (“Project”) located within the world-class Carolina Tin-Spodumene Belt (“TSB”) and along trend to the Hallman Beam and Kings Mountain mines, historically providing most of the western world’s lithium between 1950 and 1990.  The TSB has been described as one of the largest lithium provinces in the world and is located approximately 40 kilometres west of Charlotte, North Carolina.  It is a premier location to be developing and integrated lithium business based on its favourable geology, proven metallurgy and easy access to infrastructure, power, R&D centres for lithium and battery storage, major high-tech population centres and downstream lithium processing facilities.

The Project was originally explored by Lithium Corporation of America which eventually was acquired by FMC Corporation (“FMC”). FMC and Albemarle Corporation (“Albemarle“) both historically mined the lithium bearing spodumene pegmatites within the TSB and developed and operated the two lithium processing facilities in the region which were the first modern spodumene processing facilities in the western world.

The Company is in a unique position to leverage its position as a first mover in restarting exploration in this historic lithium producing region with the aim of developing a strategic, U.S. domestic source of lithium to supply the increasing electric vehicle and battery storage markets.

Forward Looking Statements

This announcement may include forward-looking statements. These forward-looking statements are based on Piedmont’s expectations and beliefs concerning future events. Forward looking statements are necessarily subject to risks, uncertainties and other factors, many of which are outside the control of Piedmont, which could cause actual results to differ materially from such statements. Piedmont makes no undertaking to subsequently update or revise the forward-looking statements made in this announcement, to reflect the circumstances or events after the date of that announcement.

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SOURCE Piedmont Lithium Limited

NEW YORK, Jan. 9, 2018 /PRNewswire/ — Piedmont Lithium Limited (ASX: PLL, OTC-Nasdaq: PLLLY) (“Piedmont” or “Company”) is pleased to announce the appointments of Mr. Patrick Brindle, Mr. David Buckley and Mr. Bruce Czachor as senior officers of the Company.

Mr. Brindle is joining Piedmont as Vice President – Project Management. He has over 18 years of experience in the development of US and global mining operations, minerals processing plants and materials handling projects, and has expertise in all phases of project development from concept design, pre-feasibility and feasibility study, detailed design engineering, construction and commissioning, including EPC projects in North and South Carolina. He most recently worked as Vice President of Engineering for DRA Taggart in Pittsburgh, Pennsylvania, and has a BS in Environmental Science and a BS in Civil Engineering from Virginia Tech.

Mr. Buckley is joining Piedmont as Vice President – Chief Process Engineer.  He is a 25-year veteran of the lithium business, having worked most recently as Chief Process Engineer of Quebec-based Critical Elements Corporation after senior positions with FMC’s Lithium Division and Albemarle (former Rockwood Lithium).  Mr. Buckley has extensive experience in lithium extraction from both hard rock resources and lithium bearing brines. He also brings experience in converting the extracted lithium into lithium carbonate, lithium hydroxide and other downstream lithium chemicals. He has a BS in Chemical Engineering from Virginia Tech.

Mr. Czachor is joining Piedmont as Vice President – General Counsel. He is a former partner of major international law firm Shearman & Sterling, and brings almost 30 years of experience in corporate governance, securities, M&A and commercial transactions. Mr. Czachor has represented a range of clients from start-ups to Fortune 500 companies, and he has extensive experience in the mining industry and with initial US listings.  He earned his BA from Binghamton University and his Juris Doctor from New York Law School.

Keith D. Phillips, President and Chief Executive Officer, said, “I am excited that Patrick, Dave and Bruce have chosen to join the Piedmont team.  Patrick is a highly experienced engineer and has been instrumental in taking many companies from scoping study through to production.  He will be coordinating the technical and permitting studies we are commencing in early 2018. Dave has decades of experience in the sector, including several years focused on the Carolina Tin-Spodumene Belt.  We are committed to building an integrated lithium business and Dave will be instrumental in the development of our downstream strategy.   I have known Bruce for over 25 years and; he will be extremely helpful in driving our US capital markets strategy and play an important role in the strategic and offtake conversations that are beginning to develop.  2018 year will be an exciting year for Piedmont, with metallurgical testing, a maiden Resource and Scoping Study all planned for the first half of the year.”

For further information, contact:

About Piedmont Lithium

Piedmont Lithium Limited (ASX: PLL; OTC-Nasdaq: PLLLY) holds a 100% interest in the Piedmont Lithium Project (“Project”) located within the world-class Carolina Tin-Spodumene Belt (“TSB”) and along trend to the Hallman Beam and Kings Mountain mines, historically providing most of the western world’s lithium between 1950 and 1990.  The TSB has been described as one of the largest lithium provinces in the world and is located approximately 40 kilometers west of Charlotte, North Carolina.  It is a premier location to be developing and integrated lithium business based on its favorable geology, proven metallurgy and easy access to infrastructure, power, R&D centers for lithium and battery storage, major high-tech population centers and downstream lithium processing facilities.

The Project was originally explored by Lithium Corporation of America which eventually was acquired by FMC Corporation (“FMC”). FMC and Albemarle Corporation (“Albemarle”) both historically mined the lithium bearing spodumene pegmatites within the TSB and developed and operated the two lithium processing facilities in the region which were the first modern spodumene processing facilities in the western world.

The Company is in a unique position to leverage its position as a first mover in restarting exploration in this historic lithium producing region with the aim of developing a strategic, U.S. domestic source of lithium to supply the increasing electric vehicle and battery storage markets.

Forward Looking Statements

This announcement may include forward-looking statements. These forward-looking statements are based on Piedmont’s expectations and beliefs concerning future events. Forward looking statements are necessarily subject to risks, uncertainties and other factors, many of which are outside the control of Piedmont, which could cause actual results to differ materially from such statements. Piedmont makes no undertaking to subsequently update or revise the forward-looking statements made in this announcement, to reflect the circumstances or events after the date of that announcement.

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SOURCE Piedmont Lithium Limited

NEW YORK, Dec. 12, 2017 /PRNewswire/ — Piedmont Lithium Limited (ASX: PLL, OTC-Nasdaq: PLLLY) (“Piedmont” or “Company”) is pleased to announce that following completion of the recent capital raising and building upon the successful results from previous drilling programs, a new comprehensive 20,000-meter drill program has commenced at the Piedmont Lithium Project (“Project“), located within the world-class Carolina Tin-Spodumene Belt (“TSB“). The new drill program will be focused on completing infill drilling for the definition of a maiden Mineral Resource and also aggressively testing the extensions of the pegmatites identified both along strike and down dip.

In addition, based on the drilling results on the portions of the Project explored to-date and geological modelling of the pegmatites, an initial Exploration Target of between 10 to 15 million tonnes at a grade of between 1.00% and 1.25% Li₂O has been estimated by CSA Global. The potential quantity and grade of this Exploration Target is conceptual in nature, there has been insufficient exploration to estimate a Mineral Resource and it is uncertain if further exploration will result in the estimation of a Mineral Resource.

The Company remains highly confident in its ability to develop a world class integrated lithium operation in North Carolina and will continue its land acquisition strategy to capitalize on its “first-mover” initial land position in the Carolina Tin-Spodumene Belt. The location of the Project gives it key competitive strengths over other potential lithium locations worldwide:

• The only independent spodumene project strategically located in the US
• Proximity to major downstream lithium processing facilities
• Proximity to major US battery customers (GM, BMW, Nissan, Mercedes, Tesla, etc)
• Closely located to established low cost gas and power infrastructure
• Strong, large and low cost local workforce with experience in lithium sector
• Proximity to major transportation infrastructure including highways, rail, airports and ports
• Located in North Carolina, a mining and development friendly state

Keith D. Phillips, President and Chief Executive Officer, said, “We are extremely pleased with the scale of our initial Exploration Target for the Project, which is based on the portion of our initial core land package that has been drilled to date, and leaves considerable upside as we broaden our drill horizons and continue to expand our land package. Our next drilling program will position us to announce a maiden Mineral Resource in early to mid-2018, which will serve as the basis of a Scoping Study on the Project shortly thereafter.

“Given the numerous advantages inherent in our location in North Carolina, including outstanding infrastructure, a strong local work force, and proximity to important lithium processing facilities and other downstream customers, this initial Exploration Target is more than sufficient to support the potential re-establishment of a strategic high value battery materials operation.”

About Piedmont Lithium

Piedmont Lithium Limited (ASX: PLL; OTC-Nasdaq: PLLLY) holds a 100% interest in the Piedmont Lithium Project (“Project”) located within the world-class Carolina Tin-Spodumene Belt (“TSB”) and along trend to the Hallman Beam and Kings Mountain mines, historically providing most of the western world’s lithium between 1950 and 1990. The TSB has been described as one of the largest lithium provinces in the world and is located 40 kilometers west of Charlotte, North Carolina.  It is a premier location to be developing an integrated lithium business based on its favorable geology, proven metallurgy and easy access to infrastructure, power, R&D centers for lithium and battery storage, major high-tech population centers and downstream lithium processing facilities.

The Project was originally explored by Lithium Corporation of America which eventually was acquired by FMC Corporation (“FMC”). FMC and Albemarle Corporation (“Albemarle“) both historically mined the lithium bearing spodumene pegmatites within the TSB and developed and operated the two lithium processing facilities in the region which were the first modern spodumene processing facilities in the western world.

The Company is in a unique position to leverage its position as a first mover in restarting exploration in this historic lithium producing region with the aim of developing a strategic, U.S. domestic source of lithium to supply the increasing electric vehicle and battery storage markets.

Forward Looking Statements

This announcement may include forward-looking statements. These forward-looking statements are based on Piedmont’s expectations and beliefs concerning future events. Forward looking statements are necessarily subject to risks, uncertainties and other factors, many of which are outside the control of Piedmont, which could cause actual results to differ materially from such statements. Piedmont makes no undertaking to subsequently update or revise the forward-looking statements made in this announcement, to reflect the circumstances or events after the date of that announcement.

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SOURCE Piedmont Lithium Limited

NEW YORK, Nov. 28, 2017/PRNewswire/ —

• Assay results from a further 26 drill holes of the Phase 2 program have been received and continue to confirm high grade lithium mineralization along the 4 kilometers of strike within the Project including:
• 24.38m of cumulative thickness of mineralization across 3 pegmatites which includes high grade intercepts of 18.04m @ 1.01% Li₂O and 1.99m @ 1.28% Li₂O in Hole 17-BD-87
• 23.64m of cumulative thickness of mineralization across 5 pegmatites which includes high grade intercepts of 11.60m @ 1.29% Li₂O, and 5.97m @ 1.14% Li₂O in Hole 17-BD-77
• 22.82m of cumulative thickness of mineralization across 4 pegmatites which includes high grade intercepts of 9.74m @ 1.31% Li₂O and 5.73m @ 1.36% Li₂O in Hole 17-BD-98
• 21.86m of cumulative thickness of mineralization across 4 pegmatites which includes high grade intercepts of 13.95m @ 1.34% Li₂O and 2.93m @ 1.41% Li₂O in Hole 17-BD-95
• 15.69m of cumulative thickness of mineralization across 3 pegmatites which includes high grade intercepts of 11.09m @ 1.27% Li₂O and 3.41m @ 1.20% Li₂O in Hole 17-BD-90
• 12.51m of cumulative thickness of mineralization across 2 pegmatites which includes a high grade intercept of 10.55m @ 1.46% Li₂O in Hole 17-BD-102
• The Company has now received assays for 76 of the 93 Phase 2 drill holes and anticipates receiving assay results for the remaining 17 drill holes over the next few weeks
• A Schematic Long Section for the B and G corridors has been prepared based on drilling results to-date (Figure 1) and illustrates the continuity of mineralization along strike for 1400 meters
• Preliminary geological modelling has, thus far, identified 38 pegmatite bodies within the 4+ kilometers of strike on the Project with the vast majority being intersected at depths less than 100 meters from surface
• As a result of the work done to date the Company is confident in defining a shallow, open-pitable deposit within the Piedmont Lithium Project strategically located within the USA

Keith D. Phillips, President and Chief Executive Officer, said, “These additional drill results are outstanding and confirm our belief in the Piedmont Lithium Project.  Our team has discovered a world-class mineral system with over 30 pegmatite bodies over a combined 4+ kilometers of strike length, virtually all within 100 meters of surface.  We look forward to receiving the remaining Phase 2 assay results over the coming weeks.”

Piedmont Lithium Limited (ASX: PLL, OTC: PLLLY) (“Piedmont” or “Company”) is pleased to report further high-grade mineralisation from the 93-hole Phase 2 drilling campaign on the Piedmont Lithium Project (“Project“) located within the world-class Carolina Tin-Spodumene Belt (“TSB“).

Phase 2 Results and Discussion

In addition to the first 51 Phase 2 drill holes (reported September 26, 2017 and November 2, 2017), the current group of 26 drill holes reported in this release continue to define high grade mineralised trends totalling over 4 kilometers in strike.  The entire Pegmatite system remains open at depth and along strike.  Drill hole details and weighted-composite assay intercepts are attached as Table 1.

Geological modelling has begun on the results from the Phase 2 drill campaign with initial results indicating the presence of 38 pegmatite bodies across the 4+ kilometres of strike length on the Project. Importantly, the vast majority of the dykes have been intersected at shallow depths of less than 100 metres vertically. These initial results give the Company confidence in being able to define a shallow, open-pitable deposit which is strategically located within the historical lithium mining and processing region of the USA.

Logging, sampling and shipping of all Phase 2 drill core samples has been completed.  All assays from the Phase 2 program should be received from SGS Labs by early-December.

The Phase 2 drill holes reported in this release highlight the initial high grade intercepts with significant cumulative thickness within the Star Corridor (figure 3) and further defined the mineralization in the B, F & G corridors. Significant intercepts within the B, F & G corridors continued to display similar high grade results as have been previously reported.

Significant intercepts from the Star Corridor include:

• 22.82m of cumulative thickness of mineralization across 4 pegmatites which includes high grade intercepts of 9.74m @ 1.31% Li₂O and 5.73m @ 1.36% Li₂O in Hole 17-BD-98
• 21.86m of cumulative thickness of mineralization across 4 pegmatites which includes high grade intercepts of 13.95m @ 1.34% Li₂O and 2.93m @ 1.41% Li₂O in Hole 17-BD-95
• 21.30m of cumulative thickness of mineralization across 4 pegmatites which includes high grade intercepts of 4.23m @ 1.20% Li₂O and 4.52m @ 1.31% Li₂O in Hole 17-BD-91
• 17.42m of cumulative thickness of mineralization across 3 pegmatites which includes high grade intercepts of 5.35m @ 1.23% Li₂O and 4.00m @ 1.12% Li₂O in Hole 17-BD-101

About Piedmont Lithium

Piedmont Lithium Limited (ASX: PLL; OTC-Nasdaq: PLLLY) holds a 100% interest in the Piedmont Lithium Project (“Project”) located within the world-class Carolina Tin-Spodumene Belt (“TSB”) and along trend to the Hallman Beam and Kings Mountain mines, historically providing most of the western world’s lithium between 1950 and 1990. The TSB is one of the premier localities in the world to be exploring for lithium pegmatites given its history of lithium bearing spodumene mining, favorable geology and ideal location with easy access to infrastructure, power, R&D centers for lithium and battery storage, major high-tech population centers and downstream lithium processing facilities.

The TSB has previously been described as one of the largest lithium provinces in the world and is located approximately 40 kilometers west of Charlotte, North Carolina, United States. The TSB was the most important lithium producing region in the western world prior to the establishment of the brine operations in Chile in the late 1990s. The TSB extends over approximately 60 kilometers in length and reaches a maximum width of approximately 1.6 kilometers.

The Project was originally explored by Lithium Corporation of America which eventually was acquired by FMC Corporation (“FMC”). FMC and Albemarle Corporation (“Albemarle“) both historically mined the lithium bearing spodumene pegmatites from the TSB with the historic Kings Mountain lithium mine being described as one of the richest spodumene deposits in the world by Albemarle. These two mines and their respective metallurgy also formed the basis for the design of the two lithium processing facilities in the region which were the first modern spodumene processing facilities in the western world.

Albemarle and FMC continue to operate these important lithium processing facilities with FMC’s Bessemer City lithium processing facility being approximately 14 kilometers from the Project whilst Albemarle’sKings Mountain lithium processing facility is approximately 17 kilometers from the Project.

The Company is in a unique position to leverage its position as a first mover in restarting exploration in this historic lithium producing region with the aim of developing a strategic, U.S. domestic source of lithium to supply the increasing electric vehicle and battery storage markets.

Forward Looking Statements

This announcement may include forward-looking statements. These forward-looking statements are based on Piedmont’s expectations and beliefs concerning future events. Forward looking statements are necessarily subject to risks, uncertainties and other factors, many of which are outside the control of Piedmont, which could cause actual results to differ materially from such statements. Piedmont makes no undertaking to subsequently update or revise the forward-looking statements made in this announcement, to reflect the circumstances or events after the date of that announcement.

Competent Persons Statement

The information in this announcement that relates to Exploration Results is based on, and fairly represents, information compiled or reviewed by Mr Lamont Leatherman, a Competent Person who is a Registered Member of the ‘Society for Mining, Metallurgy and Exploration’, a ‘Recognised Professional Organisation’ (RPO). Mr Leatherman is a consultant to the Company. Mr Leatherman has sufficient experience that is relevant to the style of mineralization 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’. Mr Leatherman consents to the inclusion in the report of the matters based on his information in the form and context in which it appears.

APPENDIX 1: SUMMARY OF CORE DRILL HOLE INTERSECTIONS

APPENDIX 2 – JORC TABLE 1 CHECKLIST OF ASSESSMENT AND REPORTING CRITERIA

Section 1 Sampling Techniques and Data

Section 2 Reporting of Exploration Results

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SOURCE Piedmont Lithium Limited

NEW YORK, Nov. 14, 2017 /PRNewswire/ — Piedmont Lithium Limited (ASX: PLL; OTC – Nasdaq International: PLLLY) (“Piedmont” or “Company”) is pleased to advise that the Company has increased its lithium mineral rights by 188 acres through additional land option and acquisition agreements signed with local landowners in the Carolina Tin-Spodumene Belt (“TSB“) in North Carolina, United States.

The Piedmont Lithium Project (“Project“) now encompasses approximately 903 acres within the TSB, representing a 118% increase in the Company’s initial land holding as announced to the Australian Securities Exchange (“ASX“) on 27 September 2016. Piedmont’s strategy is to consolidate the region between the newly optioned and historical landholdings, with all additional landholdings highly prospective for spodumene bearing pegmatite.

During initial prospecting, an area of multiple spodumene bearing float blocks was identified on one of the new properties.  The blocks range up to 1 meter in scale.  Grab samples have been collected and submitted to the lab for analysis.  Prospecting and soil sampling are planned for all of the new properties in order to identify high priority drill targets.

Piedmont, through its 100% owned U.S. subsidiary, Piedmont Lithium Inc., has entered into exclusive option agreements and land acquisition agreements with local landowners, which upon exercise, allow the Company to purchase (or in some cases long-term lease) approximately 903 acres of surface property and the associated mineral rights. The new properties optioned have been secured on substantially the same terms as the Company’s existing option agreements.

Keith D. Phillips, President and Chief Executive Officer, said, “These strategic land acquisitions are on-trend and should enable us to grow mineral resources over time, ultimately leading to greater throughput and a longer mine life. These latest agreements increase our land holdings in the prolific Carolina Tin-Spodumene Belt by over 26%, and we are in conversations with many other landowners to further consolidate our position in the region.”

Piedmont is also pleased to report that its first ADRs were traded on the OTC Market last week as a member of the Nasdaq International Designation, after completion of the customary regulatory review process.  Mr. Phillips commented, “We are very pleased that our ADRs commenced trading last week and hope to develop substantial liquidity on the Nasdaq OTC prior to our full US listing early in 2018.  With a US asset and a US-based management team, we expect to develop a very strong following in the US capital markets as a complement to our strong base with the ASX.”

About Piedmont Lithium

Piedmont Lithium Ltd holds a 100% interest in the Piedmont Lithium Project (“Project“) which is located within the world-class Carolina Tin-Spodumene Belt (“TSB“), and along trend to the Hallman Beam and Kings Mountain mines, historically providing most of the western world’s lithium between 1950 and 1990. The TSB is one of the premier localities in the world to be exploring for lithium pegmatites given its history of lithium bearing spodumene mining, favourable geology and ideal location with easy access to infrastructure, power, R&D centres for lithium and battery storage, major high-tech population centres and downstream lithium processing facilities.

The TSB has previously been described as one of the largest lithium provinces in the world and is located approximately 40 kilometers west of Charlotte, North Carolina, United States. The TSB was the most important lithium producing region in the western world prior to the establishment of the brine operations in Chile in the late 1990’s. The TSB extends over approximately 60 kilometers in length and reaches a maximum width of approximately 1.6 kilometers.

The Project was originally explored by Lithium Corporation of America which eventually was acquired by FMC Corporation (“FMC“). FMC and Albemarle Corporation (“Albemarle“) both historically mined the lithium bearing spodumene pegmatites from the TSB with the historic Kings Mountain lithium mine being described as one of the richest spodumene deposits in the world by Albemarle. These two mines and their respective metallurgy also formed the basis for the design of the two lithium processing facilities in the region which were the first modern spodumene processing facilities in the western world.

Albemarle and FMC continue to operate these important lithium processing facilities with FMC’s Bessemer City lithium processing facility being approximately 14 kilometers from the Project whilst Albemarle’sKings Mountain lithium processing facility is approximately 17 kilometers from the Project.

The Company is in a unique position to leverage its position as a first mover in restarting exploration in this historic lithium producing region with the aim of developing a strategic, U.S. domestic source of lithium to supply the increasing electric vehicle and battery storage markets.

Forward Looking Statements

This announcement may include forward-looking statements. These forward-looking statements are based on Piedmont’s expectations and beliefs concerning future events. Forward looking statements are necessarily subject to risks, uncertainties and other factors, many of which are outside the control of Piedmont, which could cause actual results to differ materially from such statements. Piedmont makes no undertaking to subsequently update or revise the forward-looking statements made in this announcement, to reflect the circumstances or events after the date of that announcement.

Competent Persons Statement

The information in this announcement that relates to Exploration Results is based on, and fairly represents, information compiled or reviewed by Mr Lamont Leatherman, a Competent Person who is a Registered Member of the ‘Society for Mining, Metallurgy and Exploration’, a ‘Recognised Professional Organisation’ (RPO). Mr Leatherman is a consultant to the Company. Mr Leatherman has sufficient experience that is relevant to the style of mineralization 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’. Mr Leatherman consents to the inclusion in the report of the matters based on his information in the form and context in which it appears.

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SOURCE Piedmont Lithium Limited

NEW YORK, Nov. 1, 2017 /PRNewswire/ —

• Assay results from a further 25 holes of the Phase 2 drill program have been received and continue to confirm high grade lithium mineralization along the 4 kilometers of strike within the property including:
• 25.22m of cumulative thickness of mineralization across 6 pegmatites which includes high grade intercepts of 5.40m @ 1.46% Li₂O, 2.65m @ 1.24% Li₂O and 2.00m @ 1.43% Li₂O in Hole 17-BD-73
• 21.92m of cumulative thickness of mineralization across 5 pegmatites which includes high grade intercepts of 8.86m @ 1.72% Li₂O, and 8.04m @ 1.02% Li₂O in Hole 17-BD-80
• 18.66m of cumulative thickness of mineralization across 6 pegmatites which includes high grade intercepts of 6.27m @ 1.39% Li₂O, 4.21m @ 1.83% Li₂O, 2.26m @1.52% Li₂O and 1.68m @ 1.83% Li₂O in Hole 17-BD-64
• 18.64m of cumulative thickness of mineralization across 6 pegmatites which includes high grade intercepts of 6.66m @ 1.59% Li₂O and 2.68m @ 1.58% Li₂O in Hole 17-BD-75
• 14.08m of cumulative thickness of mineralization across 5 pegmatites which includes a high grade intercepts of 5.03m @ 1.98% Li₂O and 2.04m @ 1.52% Li₂O n Hole 17-BD-70
• 12.97m of cumulative thickness of mineralization across 2 pegmatites which includes a high grade intercept of 10.36m @ 1.53% Li₂O in Hole 17-BD-72
• Piedmont has now completed the 93-hole Phase 2 diamond drilling program, which totaled 12,262 meters
• The Company anticipates receiving assay results for the remaining 42 holes of the extended Phase 2 program over the coming weeks

Piedmont Lithium Limited (ASX: PLL, OTC – Nasdaq International: PLLLY) (“Piedmont” or “Company”) is pleased to report further high grade mineralisation from the 93-hole Phase 2 drilling campaign on the Piedmont Lithium Project (“Project“) located within the world-class Carolina Tin-Spodumene Belt (“TSB“).  The Phase 2 program totalled 12,262 meters of diamond core drilling.

Keith D. Phillips, President and Chief Executive Officer, said, “These additional Phase 2 results continue to showcase the high-grade mineralization throughout our growing land package. We are increasingly confident in our ability to define a large lithium deposit in this historic belt, and we look forward to releasing the remaining results of our Phase 2 drilling campaign over the coming weeks.”

Forward Looking Statements

This announcement may include forward-looking statements. These forward-looking statements are based on Piedmont’s expectations and beliefs concerning future events. Forward looking statements are necessarily subject to risks, uncertainties and other factors, many of which are outside the control of Piedmont, which could cause actual results to differ materially from such statements. Piedmont makes no undertaking to subsequently update or revise the forward-looking statements made in this announcement, to reflect the circumstances or events after the date of that announcement.

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SOURCE Piedmont Lithium Limited

NEW YORK, Oct. 11, 2017 /PRNewswire/ —Piedmont Lithium Limited (ASX: PLL; OTC – Nasdaq International: PLLLY) (“Piedmont” or “Company”) is pleased to advise that it has been admitted to Nasdaq International Designation and its American Depositary Receipts (“ADRs”) have commenced trading in the United States, via a sponsored Level 1 ADR program with The Bank of New York Mellon as depositary.

Piedmont’s ADRs will trade on the OTC Market as a member of the Nasdaq International Designation under the ticker symbol “PLLLY”, with each ADR representing 100 ordinary shares of the Company.

The Nasdaq International Designation and Level 1 ADR program in the United States will enable new and existing U.S. investors to trade Piedmont’s ADRs in U.S. dollars and during normal U.S. trading hours. Piedmont’s ordinary shares will continue to trade on the ASX under the symbol “PLL”.

With the establishment of the Level 1 ADR program, the Company will now begin an extensive marketing campaign to new investors throughout the United States and will continue to build relationships with U.S. banks and brokers that have experience and knowledge of the lithium and “clean-technology” sectors.

Keith D. Phillips, President and Chief Executive Officer, said, “Launching an ADR program in the United States signals a key milestone as we drive development forward at our Piedmont Lithium Project in North Carolina and boost visibility among U.S. investors. We are excited to begin an extensive U.S. marketing campaign with a Nasdaq International Designation that allows investors to trade in U.S. dollars, during U.S. trading hours.”

“I have been very pleased with the initial feedback from our US marketing efforts to-date and this listing is consistent with our ‘U.S. asset, U.S. management, U.S. listing’ strategy. We continue to be highly encouraged by the results of our Phase 2 drilling campaign and look forward to updating the market on further results from our Phase 2 drilling campaign and our project development plans for what we believe to be the world’s most strategically located lithium project.”

This press release has been prepared for release in Australia and nothing in this press release shall constitute an offer to sell, or a solicitation of an offer to buy, securities in the United States or in any other jurisdiction.  

About Nasdaq International Designation 

Launched in December 2015, the Nasdaq International Designation program is designed for non-U.S.-based companies that have level 1 American Depository Receipts or shares that trade in the over-the-counter (OTC) market. The program offers a unique partnership with Nasdaq that provides member companies with Nasdaq’s robust visibility offering which allows for greater access to US investors, and can potentially increase liquidity. The Nasdaq International Designation is home to a diverse range of companies in innovative industries across the globe. Total Market Cap of Member Companies exceeds $150B and program members hail from Australia, Japan, Germany, Brazil, Canada, the U.K., and the Netherlands. As a comprehensive program, companies receive a full service offering that includes investor relations tools and services, as well as access to Nasdaq’s visibility assets to enhance communication with the investment community. In the past year, members of the program were invited to the Nasdaq MarketSite with the opportunity to amplify their brand activities through different channels.

About Nasdaq

Nasdaq is a leading global provider of trading, clearing, exchange technology, listing, information and public company services. Through its diverse portfolio of solutions, Nasdaq enables customers to plan, optimize and execute their business vision with confidence, using proven technologies that provide transparency and insight for navigating today’s global capital markets. As the creator of the world’s first electronic stock market, its technology powers more than 89 marketplaces in 50 countries, and 1 in 10 of the world’s securities transactions. Nasdaq is home to 3,800 total listings with a market value of $11.0 trillion.

About BNY Mellon

BNY Mellon is the leading depositary bank, managing more sponsored depositary receipt programs than all other depositary banks combined. BNY Mellon acts as depositary for 60 percent of all sponsored programs globally – more than 1,300 sponsored programs from 68 countries. BNY Mellon is committed to helping securities issuers access the world’s rapidly evolving financial markets and delivers a comprehensive suite of depositary receipt services. BNY Mellon is a global investments company dedicated to helping its clients manage and service their financial assets throughout the investment lifecycle. BNY Mellon is the corporate brand of The Bank of New York Mellon Corporation.

About Piedmont

Piedmont Lithium Limited (ASX: PLL; OTC – Nasdaq International: PLLLY) holds a 100% interest in the Piedmont Lithium Project (“Project”) located within the world-class Carolina Tin-Spodumene Belt (“TSB”) and along trend to the Hallman Beam and Kings Mountain mines, historically providing most of the western world’s lithium between 1950 and 1990. The TSB is one of the premier localities in the world to be exploring for lithium pegmatites given its history of lithium bearing spodumene mining, favorable geology and ideal location with easy access to infrastructure, power, R&D centers for lithium and battery storage, major high-tech population centers and downstream lithium processing facilities.

The TSB has previously been described as one of the largest lithium provinces in the world and is located approximately 40 kilometers west of Charlotte, North Carolina, United States. The TSB was the most important lithium producing region in the western world prior to the establishment of the brine operations in Chile in the late 1990’s. The TSB extends over approximately 60 kilometers in length and reaches a maximum width of approximately 1.6 kilometers.

The Project was originally explored by Lithium Corporation of America which eventually was acquired by FMC Corporation (“FMC”). FMC and Albemarle Corporation (“Albemarle“) both historically mined the lithium bearing spodumene pegmatites from the TSB with the historic Kings Mountain lithium mine being described as one of the richest spodumene deposits in the world by Albemarle. These two mines and their respective metallurgy also formed the basis for the design of the two lithium processing facilities in the region which were the first modern spodumene processing facilities in the western world.

Albemarle and FMC continue to operate these important lithium processing facilities with FMC’s Bessemer City lithium processing facility being approximately 14 kilometers from the Project whilst Albemarle’sKings Mountain lithium processing facility is approximately 17 kilometers from the Project.

The Company is in a unique position to leverage its position as a first mover in restarting exploration in this historic lithium producing region with the aim of developing a strategic, U.S. domestic source of lithium to supply the increasing electric vehicle and battery storage markets.

Forward Looking Statements

This announcement may include forward-looking statements. These forward-looking statements are based on Piedmont’s expectations and beliefs concerning future events. Forward looking statements are necessarily subject to risks, uncertainties and other factors, many of which are outside the control of Piedmont, which could cause actual results to differ materially from such statements. Piedmont makes no undertaking to subsequently update or revise the forward-looking statements made in this announcement, to reflect the circumstances or events after the date of that announcement.

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SOURCE Piedmont Lithium Limited