Slide 1: New Copper District in the Kalahari Copper Belt, Botswana
New Copper District in the Kalahari Copper Belt, Botswana Future Facing Commodities Conference Singapore ASX: CBE 4-6 April 2023 This presentation has been approved by the Board of Cobre Limited ASX: CBE
Slide 2: Disclaimer
Disclaimer Not for release to US wire services or distribution in the United States. For full exploration results and relevant JORC table information referred to in this Presentation, refer to the Company’s ASX announcements of 27 July, 1 August, 3 August, This investor presentation has been prepare
Slide 3: Corporate Snapshot
Corporate Snapshot 3 Future Facing Commodities Conference | April 2023
Slide 4: Corporate Snapshot
Corporate Snapshot Capital Structure Shareholder Structure Share Price (as at 17/03/23) A$0.10 Metal Tiger PLC: 16.9% Shares on issue 277.7M HSBC Custody Nominees (Australia) Limited: 8.1% Market Capitalisation A$27.7M Citicorp Nominees PTY Limited: 6.1% Cash Position1 (as at 31/12/22) ~A11M Holland
Slide 5: Board of Directors – Strong Leadership
Board of Directors – Strong Leadership Martin C Holland Adam Wooldridge Dr Ross McGowan Michael McNeilly Michael Addison Andrew Sissian Executive Chairman Chief Executive Officer Non-Executive Director Non-Executive Director Non-Executive Director Non-Executive Director Mr Holland is a mining execut
Slide 6: Cu Focused Explorer
Cu Focused Explorer High quality exploration and Cobre aims to create shareholder value through exploration, 29 development pipeline to underpin discovery and development of quality copper projects Copper’s future growth in the electric Cu Global Copper vehicle and renewable energy sector 63.546 Pre
Slide 7: Kalahari Copper Belt
Kalahari Copper Belt 7 Future Facing Commodities Conference | April 2023
Slide 8: Kalahari Copper Belt in Botswana
Kalahari Copper Belt in Botswana KML Kalahari Copper Belt • Cobre owns 100% of an extensive land package of highly-prospective copper and silver exploration tenements in the Kalahari Copper Belt (KCB).1 • Landholding comprises the second largest tenement package in the KCB in proximity to, and along
Slide 9: Strategic License Holding with Significant Regional Prospectivity
Strategic License Holding with Significant Regional Prospectivity • Tenure consists of four large Project Areas: Ngami Copper Project (727 km2), Kitlanya East (1,359 km2), Kitlanya West (1,900 km2) and Okavango (1,362 km2). • Four sizeable projects each with a drill proven exploration strategy. • Co
Slide 10: District-scale opportunities: Northern KCB Margin
District-scale opportunities: Northern KCB Margin (Ngami Copper and Kitlanya West Projects) 10 Future Facing Commodities Conference | April 2023
Slide 11: Creating a new Copper District
Creating a new Copper District • The Ngami Copper Project (NCP) and Kitlanya West Project (Kit West) are strategically located near the basin margin of the KCB - typically prioritised for sedimentary-hosted copper deposits. • Results from Comet demonstrate the significant copper potential on the nor
Slide 12: Multi-Target Project Opportunity at NCP
Multi-Target Project Opportunity at NCP Copper endowment To date, 47 of 48 drill holes completed on 80km of mineralised contact in the southern regional anticline at NCP have intersected anomalous copper. Drill proven copper-silver targets Several compelling targets based on low detection limit part
Slide 13: Comet Copper Discovery
Comet Copper Discovery Footprint of chalcocite mineralisation extends over >4km – in line with the larger known deposits in the KCB. • Assay results from discovery hole NCP20A delineated a broad 30m zone (downhole) of chalcocite mineralisation grading at 1.25% Cu and 17 g/t Ag which includes economi
Slide 14: Opening up 2000km2 of prospective terrane – Kitlanya West
Opening up 2000km2 of prospective terrane – Kitlanya West The relatively thin cover combined with numerous soil sample anomalies highlights the potential of this extensive area which hosts several hundred kms of prospective sub- cropping Ngwako Pan / D’Kar formation contact Developing targets includ
Slide 15: Discovery Focused Exploration
Discovery Focused Exploration 15 Future Facing Commodities Conference | April 2023
Slide 16: Exploration Approach
Exploration Approach High-Priority Targets: • Tlou • Cosmos • Helios • Comet • Asteroid • Interstellar • Meta District Target Target Evaluation Target Evaluation Target Evaluation Resource Evaluation Generation Stage 1 Stage 2 Stage 3 Delineation Asset Cu potential on Create set of ranked Test prior
Slide 17: Indicative Exploration Timeline
Indicative Exploration Timeline 2023 Q1 Q2 Q3 Q4 Ngami Copper Project • A total of Target drilling at Interstellar, Helios, Asteroid and Cosmos 12,000m of Testing for further high-grade zones at Comet and drill sample assays ● diamond drilling completed at NCP to date AAG Survey (ASX: SFR collaborat
Slide 18: Discovery Focused Technical Team – Botswana
Discovery Focused Technical Team – Botswana KML’s technical team includes sediment-hosted copper specialists with extensive experience in Africa Adam Wooldridge Dr Ross McGowan David Catterall Thomas Rogers Thomas Krebs BSc Hons Pr. Sci. Nat. PhD MSc Pr. Sci. Nat. BSc Hons MSAIMM MSc Pr. Sci. Nat. A
Slide 19: Thank you
Thank you Contact For more information contact: www.cobre.com.au info@cobre.com.au 19