Kincora Copper Limited · TSXV:KCC
Kincora Copper — Investor Presentation (October 2024)
37 slides from Kincora Copper's investor presentation, Oct 29, 2024
Slide 1: Kincora Investor Presentation
Kincora Investor Presentation Melbourne, Australia — October 29th, 2024 Kincora Copper Limited (ASX & TSXV: KCC, Kincora or the Company) is pleased to provide the attached updated Investor Presentation for release to the market. For personal use only This announcement has been authorised for release
Slide 2: Foundations in place, Inflection point reached
KINCORA COPPER For personal use only Foundations in place, Inflection point reached Focused On Tier-1 Copper-Gold Discovery October 2024 ASX & TSXV ticker: KCC
Slide 3: Cautionary Statement
Cautionary Statement Kincora Copper “KCC”: ASX & TSXV Kincora Copper Limited (ARBN 645 457 763) Certain disclosure may constitute "forward-looking statements”. In making the forward-looking statements, Kincora Copper Limited (“Kincora” or “the Company”) has applied certain For personal use only fact
Slide 4: Why Kincora?
Value through Kincora Copper “KCC”: ASX & TSXV Deals, Partner Funding & Why Kincora? For personal use only Discovery Leveraged Exposure to Copper & Gold Industry Leading Team (eg Tier-1 Cadia & Reko Diq discoveries) Projects in Exploration & Mining Hotspots New Tier-1 Scale Targets Inflection Point
Slide 5: Corporate Snapshot
Corporate Snapshot Kincora Copper “KCC”: ASX & TSXV $11m * 5 Recent Asset >$60m Potential Further Market Cap Level Deals Partner Funding Deals For personal use only Cash $1m * Leverage to Nyngan & (KCC, ex-Partner Funding/Mgmt Nevertire Projects Fee) $1.3m Discovery * Raising Nyngan + Wongarbon (Oct
Slide 6: Industry Leading Team
Industry Leading Team For personal use only Kincora Copper “KCC”: ASX & TSXV Discovery Track Record Cameron McRae • Seasoned chairman, CEO & mining Sam Spring • Ex leading mining analyst, >10 yrs Goldman & Ocean (amongst others) Independent President & CEO, Chairman executive Equities Director, Tech
Slide 7: Kincora's Highly Prospective Wholly Owned Portfolio
Kincora’s Highly NYNGAN WEST N Kincora Copper “KCC”: ASX & TSXV Prospective NYNGAN NYNGAN Wholly Owned 0 100 km Cobar SOUTH Nyngan Portfolio NEVERTIRE For personal use only MULLA Cobar NEVERTIRE mineral Superbasin Molong SOUTH belt 100% Owned Kincora Project Project name mineral WONGARBON New 2024 D
Slide 8: Current Partner Activities
Current Partner Activities For personal use only Up to 11,000m before year-end Bronze Fox Nyngan Drilling Drilling Bronze Fox Nyngan Cundumbul Multiphysics AI & Drilling * Details Provided on Slide 35 & 13 large copper-gold targets 7
Slide 9: Planned Activities
Planned Activities Targeting >30,000m pa of drilling Further deals & partnerships For personal use only KINCORA Condobolin Nevertire South KINCORA COPPER Drilling New Project COPPER Wongarbon Wongarbon Multiphysics & AI Drilling * Details Provided on Slide 35 & >35 large copper-gold targets 8
Slide 10: Pegging, Deals, Partnerships & Drilling = News Flow + Catalysts
Pegging, Deals, Partnerships & Drilling = News Flow + Catalysts Last 18 months: No drilling but realigned ~11,000m of drilling Targeting >30,000m pa of drilling business model with new partners + projects before year end (partner + Kincora funded) For personal use only Project 2019/20 Now 1H’2025 Le
Slide 11: Significant Valuation Upside Leading NSW Explorers
Significant Valuation Upside Leading NSW Explorers Kincora Copper “KCC”: ASX & TSXV Australian Gold Talisman Magmatic Legacy Waratah Inflection Kincora & Copper Mining Resources Minerals Minerals Resources Copper For personal use only AGC.ASX TLM.ASX MAG.ASX LGM.ASX WTM.ASX AUCU.CSE KCC.ASX/TSXV Mar
Slide 12: Summary Of The Opportunity
Kincora Copper “KCC”: ASX & TSXV Summary Of The Opportunity For personal use only Up to 11,000m of Leverage to Copper & Gold Significant New Discovery(s) Upside + 426Kt Copper & 437Koz Gold Inventory partner funded drilling testing 13 Industry Leading Team Outstanding Track Record Of Project Generat
Slide 13: Why NSW? Australia's foremost porphyry district
Why NSW? “Sending a clear Australia’s foremost message to Aussie and global miners: For personal use only porphyry district Invest in NSW” Chris Minns – Premier of NSW upon launching the NSW Government’s vision to drive global investment and growth the critical minerals and high-tech metals sector *
Slide 14: Macquarie Arc porphyries: Attracting Major Investment
Macquarie Arc porphyries: Attracting Major Investment N Largest intrusive >$300m in For personal use only complexes of the Macquarie Arc exploration are untested under cover earn-in /JV’s* >$16b in Boda- >160Moz gold equivalent Kaiser M&A Molong belt inventory* within the relatively mature intrusive
Slide 15: Why NSW? Macquarie Arc v Central Andes
Why NSW? Macquarie Arc v Central Andes (same scale) Kincora Copper “KCC”: ASX & TSXV Macquarie Arc, NSW Chile Central Andes, Chile/Argentina Caserones Focus of current drilling Ace with AngloGold Ashanti of For personal use only - Duck Creek: Inflection Spades - Ace of Spades: Kincora “New” Belt/Dis
Slide 16: Vicuña Central Andes Example Of Enormous Value Of New Porphyry Districts
Vicuña Central Andes Example Of Enormous Value Of New Porphyry Districts Kincora Copper “KCC”: ASX & TSXV Pre-Discovery ~C$40 million Pre-Development >C$8.5 billion * * For personal use only Market Capitalisation Market Value Value Created >200x (to date) 2009 Today Discoveries (All pre-development)
Slide 17: Globally Emerging Porphyry Districts
NORTHERN Why NSW? vJUNEE-NARROMINE BELT (+ MACQUARIE ARC IN Globally Emerging Porphyry Districts Kincora Copper GENERAL) OUTSCORES RIVAL EMERGING PORPHYRY DISTRICTS “KCC”: ASX & TSXV Macquarie Arc Undercover Vicuña District Golden Northern Extensions (Central Andes, Triangle Andean Belt For personal
Slide 18: Hotspot for M&A + Exploration
License owners Hotspot for M&A + >$16b in Kincora Kincora (2024) AngloGold Exploration M&A A/Kincora Inflection AngloGold for producing assets* A/Inflection FMG Mines / Advanced Projects For personal use only FMG/Mag >$300m in - Newmont buys Newcrest (flagship Cadia) matic - Metals Acquisition buys
Slide 19: Asset Portfolio In More Detail
Asset Portfolio In More Detail Deals support inflection point in field activities For personal use only Kincora Copper “KCC”: ASX & TSXV 18
Slide 20: Deals = 13,000m First Phase Drilling + New Projects
5 Deals = 13,000m first phase drilling + 4 New Projects More to Come First Phase 5 13,000 4 * * Deals (2024) New Projects (2024) Drilling (up to metres) For personal use only Nyngan & • <5000m Ongoing 1 Wongarbon 1 Nevertire • Phase 2 2025 Issued June / deal October • • 2 Nyngan • 2 Nevertire South
Slide 21: Secure Strategic Bolt On Projects
Secure Strategic Bolt On Projects Legend Projects phase of exploration 1 = New Complex; 2 = Right Rocks Clear Strategic + Scale Appeal of Kincora’s 100% owned + AngloGold Ashanti partnered ground # 3 = Mineralised; 4 = Discovery Kincora projects highlighted For personal use only Wongarbon: New wholl
Slide 22: New District(s) Scale Opportunities
New District(s) Scale Opportunities Kincora Copper “KCC”: ASX & TSXV Targeting a number of Tier 1-scale new magmatic porphyry complexes hosting series of new deposits/discoveries (@ same scale comparisons and relative to the Cadia Magmatic Complex) For personal use only The Cadia Magmatic Complex Ki
Slide 23: Northern Junee-Narromine
Junee-Narromine belt outline Northern Junee-Narromine N Known/interpreted complexes Nyngan ANT survey coverage Initial Partnership + New Ground West AUCU targets (post ANT survey) Permitted drill holes 6-8 holes * Recent drill holes For personal use only New District(s)-Scale Potential ~4000-5000m P
Slide 24: Fleet Space surveys & partner funded drilling
Northern Junee-Narromine Kincora Copper “KCC”: ASX & TSXV Fleet Space surveys & partner funded drilling 6-8 holes Kincora (KCC) “Ace of Spades” & SW targets For personal use only • Fleet Space ANT and gravity geophysical ~4000-5000m Inflection (AUCU) Canonba & Duck Creek Ace of Spades targets survey
Slide 25: Drilling New Success Based AI Targets/Partner
Drilling New Success Based Kincora Copper “KCC”: ASX & TSXV AI Targets/Partner Open Open 5 holes For personal use only New 2.2km x 800m copper target at Cundumbul ~2000-3000m Andrews prospect • Maiden Earth AI drilling program tests newly identified copper mineralisation (≤5.2% Cu) associated with a
Slide 26: Northern Molong: New Ground + New Partnership
Northern Molong: New Ground + New Partnership Kincora Copper “KCC”: ASX & TSXV 0 10km WONGARBON Multiple stage (Kincora) deal: For personal use only Innovative Partner Structure with Fleet Space Multiphysics + 2000m drilling WONGARBON Yarindury (Kincora) (Talisman) On strike from one of the most sig
Slide 27: Cobar District Explorers: Kincora's Condobolin Project
Cobar District Explorers: Kincora’s Condobolin Project Emerging new Cobar districts: Different levels of exploration Recent exploration illustrates favourable grade and vertically extensive systems maturity within the Cobar Superbasin New geochemistry-geophysical programs yielding new targets/discov
Slide 28: Attractive Exposure to the World-Class Southern Gobi
Attractive Exposure to the World-Class Southern Gobi Kincora Copper “KCC”: ASX & TSXV The Southern Gobi is one of the fastest growing sources 2 rigs of global copper (and coal) supply Bronze ~2250-3250m Fox For personal use only Tourmaline Hills Intrusive Complex Kincora retains attractive exposure
Slide 29: Appendix
Appendix For personal use only Kincora Copper “KCC”: ASX & TSXV 28
Slide 30: Regional Activity Informing Strategy
Regional Activity Informing Strategy Kincora Copper “KCC”: ASX & TSXV NSW Porphyry Projects >$300m in recent exploration earn-in/option JV’s For personal use only • Inflection Resources (AUCU.CSE) Earn-in/JV agreement for up to 5 projects with AngloGold Ashanti. Duck Creek elected a Stage 2 project
Slide 31: Kincora Project Summary
Kincora Project Summary Kincora Copper “KCC”: ASX & TSXV Partner Projects (Porphyry) Partner For personal use only • Nyngan & Nevertire AngloGold Ashanti Early stage projects with drilling focused exploration seeking to confirm the potential for one/multiple new porphyry districts in the covered nor
Slide 32: Cowal District: World-Class Gold and Porphyry Copper Terrane
Anomaly 2 Cowal District: World-Class Gold and Driftway C >500pm Cu &/ Porphyry Copper Terrane or >0.1g/t Au Evolution FAIRHOLME prospects (Kincora) For personal use only Gateway Gold corridor at Cowal hosts >14Moz gold endowment* Gateway South Estimated endowment of Marsden deposit pre being dismem
Slide 33: Fairholme Project
Fairholme Project Kincora Copper “KCC”: ASX & TSXV Cowal District Intrusive Complexes KCC’s Driftway C & Anomaly 2: Big open anomalies the size (& with analogues) to Marsden NORTHERN FAIRHOLME MARSDEN Resource outline For personal use only (Kincora) (Evolution) Multiple advanced gold +/- copper targ
Slide 34: Northparkes District: Clear Strategic Appeal
Northparkes District: Clear Strategic Appeal Inserts on slide 30 N Myall For personal use only Northparkes is Australia’s second largest porphyry mine and was acquired by Region 2 Evolution Mining in December 2023 MAG/ FMG • Continuous production since 1994 with first quartile cash costs • 5.5Moz Au
Slide 35: Trundle Project
Trundle Project Region 1: Northparkes Porphyry Cluster • 80% interest for US$475m by Evolution in Dec 2023 • 5.5Mt Cu & 4.5Moz Au Region 2: Myall Porphyry Project • $14m earn-in for 75% with FMG in March 2024 • 0.354Mt CuEq maiden resource • 22 porphyry deposits discovered, 9 economic E28NE E31N For
Slide 36: References
References Kincora Copper “KCC”: ASX & TSXV Partnerships (Slides 3, 6-9, 19-25, 27, 30) • AngloGold Ashanti up to A$50m earn-in & JV agreement for the Nyngan and Nevertire projects – refer to May 28 release SHARE REGISTER SUMMARY • Fleet Space partnership under Research & Development Grant for geoph
Slide 37: Contact
KINCORA COPPER For personal use only CONTACT Kincora Copper “KCC”: ASX & TSXV Sam Spring - President & CEO Email: sam.spring@kincoracopper.com Mobile: +61 431 329 345
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