Coda Minerals Ltd · ASX:COD
Coda Minerals — RIU Sydney Resources Roundup 2024
25 slides from Coda Minerals's conference presentation, May 9, 2024
Slide 1: Coda Minerals Investor Presentation
For personal use only ASX COD Coda Minerals Investor Presentation RIU Sydney Resources Roundup - May 2024
Slide 2: 3D interactive version of the presentation
For personal use only A 3D interactive version of the latest presentation can be found on the Company’s website at https://www.codaminerals.com/riu-sydney-resources-round-up-2024/
Slide 3: Important Notices
Important Notices Nature of this document: The purpose of this presentation is to provide general information about Coda Minerals Limited (ACN 625 763 957) (the ‘Company’). Unless otherwise stated herein, the information in this presentation is based on the Company’s own information and estimates as
Slide 4: Corporate, Board of Directors and Senior Management
ASX COD CORPORATE BOARD OF DIRECTORS COD $22M Keith Jones Paul Hallam ASX Code Market Capitalisation NON-EXECUTIVE CHAIR NON-EXECUTIVE DIRECTOR For personal use only $0.135 $3.4M (add. $.9M for approval at EGM 15 May) Share Price Cash and Equivalents 29 April 2024 30 March 2024 Robin Marshall Chris
Slide 5: Elizabeth Creek location in South Australia
ASX COD OLYMPIC DAM - BHP 114KM NN ROXBY DOWNS OAK DAM WEST - BHP For personal use only 16KM NE WOOMERA CARRAPATEENA - OZ MINERALS (BHP) CODA MINERALS 40KM EAST ELIZABETH CREEK Major Cu-Co Total Area: 701 km2 Resource in an exceptional jurisdiction N PORT AUGUSTA SOUTH AUSTRALIA with massive upside
Slide 6: Coda Minerals: the right asset, team and time for copper
ASX COD CODA MINERALS The right asset, the right team, at the right time for copper For personal use only Material Scale Over 1Mt Contained CuEq QUALITY ASSET Advanced JORC2012 Defined Resource, 92% Indicated Low Risk South Australia ranks 3rd in Fraser’s Policy Perception Index 4x Resource Increase
Slide 7: Coda's Strategy: A Three-Stage Plan
CODA’S STRATEGY A Three-Stage Plan to a world-class copper asset For personal use only Base Expand Transform & Extend 29 Cu Copper 63.55 ELIZABETH CREEK COPPER EMMIE BLUFF RESOURCE EMMIE DEEPS COPPER TONNES COBALT PROJECT EXPANSION DRILLING • Base project • Highly prospective • Major IOCG discovery
Slide 8: Elizabeth Creek Copper Project
For personal use only Elizabeth Creek Copper Project
Slide 9: Resources & Mining
RESOURCES & MINING EMMIE BLUFF Emmie Bluff UNDERGROUND MINING, PHASE 2 Resource 40.2 Mt @ 1.27% Cu, 0.06% Co (1.87% CuEq)* WINDABOUT Production Target For personal use only 31.8Mt @ 1.19% Cu, 0.06% Co (1.81% CuEq) OPEN PIT MINING, PHASE 2 Resource (100% Indicated) 17.67 Mt @ 0.77% Cu, 0.05% Co (1.41
Slide 10: Scoping Study
ASX COD SCOPING STUDY NET REVENUE NET CASHFLOW For personal use only (A$M) PRE-TAX CAPEX (A$M) • Phased approach to processing will see concentrate $6,622M $1,755M sales from MG14, followed by high value-add hydromet processing • Early cashflow and staged approach limits Pre- Production CAPEX & Tota
Slide 11: Flat lying underground resources comparison
Surface Flat lying, underground 100m Resources are commonly 200m mined across the world AVG. MINING THICKNESS For personal use only EMMIE BLUFF - AUSTRALIA 300m LUBIN – POLAND 380-1,000m THICKNESS: 2.0-6.0M 40 MT @ AVG MINING THICKNESS: 2.8M below surface 3.4 M 1.87% CUEQ 400m DEPTH: 400M 500m POLKO
Slide 12: Exploration: Massive blue-sky potential
For personal use only Exploration Massive blue-sky potential
Slide 13: Emmie Bluff Mineral Resource expansion
Emmie Bluff Mineral Resource 40.2Mt @ 1.87 CuEq RESOURCE EXPANSION BHP (65%)/Red Tiger (35%) Advanced target generation positions for success Coda Minerals (100%) High Priority Drill Target Coincident ANT, 2D Seismic and MT anomalism For personal use only GEOPHYSICS FOR SHALE HOSTED Cu-Co • Extensiv
Slide 14: IOCG Drill Success
IOCG DRILL SUCCESS Oak Dam West Breakthrough drillhole in June 2021 Olympic Dam AD-232: 425.7m @ 3.04% Cu, 0.59g/t Au OC Sulphide3: 9.6Bt @ 0.57% Cu, 0.19kg/t U3O8 UG Sulphide3: 1.7Bt @ 1.48% Cu, 0.44kg/t U3O8 16km N Carrapateena For personal use only 900Mt @ 0.56% Cu, KNOWN IRON OXIDE COPPER GOLD (
Slide 15: Geophysics - IOCG
GEOPHYSICS - IOCG Breakthrough drillhole in June 2021 For personal use only EMMIE IOCG • North-South extent of gravity anomalism associated with mineralisation mapped by Mira Geoscience gravity inversion. • Detailed exploration model developed suggesting 2.5km long exploratory corridor backed by geo
Slide 16: News Flow
NEWS FLOW OPTIMISE STUDIES CU-CO ⁻ Driving value through mining and flowsheet optimisation For personal use only ADVANCE ⁻ Increased recoveries and higher extraction targeting more metal production ⁻ Advancing approvals and critical path ⁻ Commercialisation - focus on funding pathway EXPLORATION: SE
Slide 17: Appendices
For personal use only Appendices
Slide 18: Cautionary Statement
Cautionary Statement The Scoping Study referred to in this presentation was released to ASX on 30 January 2024 undertaken for the purpose of initial evaluation of the potential for development of a series of open pit and underground mines and a mineral processing facility at the Elizabeth Creek Copp
Slide 19: Appendix A: Statements
APPENDIX A: STATEMENTS Mineral Resources & Competent Person Statement Mineral Resources and Exploration Targets For personal use only 1. MG14 Indicated Mineral Resource: The information is extracted from the report entitled "Mt Gunson Copper-Cobalt Project Update" created on 19 January 2018 and is a
Slide 20: Appendix B: Metal Equivalent Calculations
APPENDIX B: METAL EQUIVALENT CALCULATIONS Statement Regarding Metal Equivalent Calculations Metal Equivalent grades are quoted for one or more of the Emmie Bluff, Windabout and MG14 Mineral Resources, or for exploration results considered by the company to be related directly to one of these Miner a
Slide 21: Appendix B: Metal Equivalent Calculations (continued)
APPENDIX B: METAL EQUIVALENT CALCULATIONS Statement Regarding Metal Equivalent Calculations (continued) The calculation of this metal equivalent is based on the following assumptions: For personal use only Metal Mining D ilution % R ecovery % P ayability % Fo recast Price P r ice Unit R ecovery % Co
Slide 22: Appendix C: Statements & References
APPENDIX C: STATEMENTS & REFERENCES Production Targets The i nformation in relation to production targets i ncluded in this presentation s pecifically on slide 7 i s taken from the Sco ping Study published on 30 Ja nuary 2024. For personal use only The company confirms that it is not aware of any ne
Slide 23: Appendix D: Board of Directors & Senior Management
APPENDIX D : BOARD OF DIRECTORS & SENIOR MANAGEMENT Keith Jones Chris Stevens NON-EXECUTIVE CHAIR CHIEF EXECUTIVE OFFICER, DIRECTOR For personal use only Chartered Accountant and senior mining industry leader with over 40 years of Mineral economist, feasibility and project valuation specialist. Form
Slide 24: Appendix E: Comparable Underground Copper Projects Data
APPENDIX E : COMPARABLE UNDERGROUND COPPER PROJECTS DATA Avg Mining Mine Name Company Project Status Location Thickness Depth Source Thickness For personal use only Lubin KGHM Operating Poland 1.5-5.5m 2.8m 368-1006m KGHM website – For full details Coda Minerals – Appendix E Information Slide Polkow
Slide 25: For personal use only
For personal use only 6 Altona Street West Perth WA 6005 08 6270 6331 info@codaminerals.com