Slide 1: Kalahari Copper Belt, Botswana Corporate Presentation
For personal use only Kalahari Copper Belt, Botswana Corporate Presentation May 2024 This presentation has been approved by the CEO, Adam Wooldridge and Executive Chairman, Martin C Holland 1 Sydney, May 2024 ASX: CBE
Slide 2: Disclaimer
Disclaimer Not for release to US wire services or distribution in the United States. For full exploration results including relevant JORC Table information and Competent Persons Statements referred to in this Company Presentation, refer to the Company’s announcements This investor presentation has b
Slide 3: Corporate Snapshot
For personal use only 01 Snapshot Corporate
Slide 4: Corporate Structure
Corporate Structure As at 1/05/2024 Capital Structure Shareholder Structure For personal use only Share Price (as at 1/05/24) A$0.073 Shares on issue 331.13M STRATA INVESTMENT HOLDINGS PLC Market Capitalisation A$24.1M 22% 4% HSBC CUSTODY NOMINEES Cash Position1 c.A$4M 3% 3% (AUSTRALIA) LIMITED Unli
Slide 5: Fueling Copper's Future Growth
Fueling Copper's Future Growth Robust Exploration and Development Pipeline for High-Quality Copper Resources For personal use only Strategic Global Land Package Global Presence with district-scale discovery opportunities. Sandiman Armada 51% Sediment hosted Exploration and 14.4% base metals Developm
Slide 6: Kalahari Copper Belt
For personal use only 02 Kalahari Copper Belt
Slide 7: Why the Kalahari Copper Belt?
Why the Kalahari Copper Belt? In 2023 KCB becomes a copper producing district: Khoemacau Copper Mine and exploration assets sold for 1.9 B$ to MMG 1; For personal use only Sandfire’s Motheo Production hub starts production in record time. KCB remains unexplored and is regarded as one of the world’s
Slide 8: Strategic Land Position
Strategic Land Position For personal use only 100%-ownership of highly-prospective copper and silver exploration tenements in the KCB. KML Kalahari Copper Belt Second largest tenement package in the KCB consisting of four Project Areas: Ngami Copper Project (727 km2), Kitlanya East (1,359 km2), Kitl
Slide 9: Discovery: Three-Pronged Approach to Discovery
03 For personal use only Discovery Three-Pronged Approach to Discovery Focused Explore Big Identify the next tier 1 deposit with Exploration support from BHP Xplor Development Potential Prove viability for copper-silver extraction using in-situ recovery Strategic Target Drilling Potential for short-
Slide 10: Explore Big: Finding the Next Tier deposit on the northern KCB Margin
Explore Big : Finding the Next Tier 1 deposit on the northern KCB Margin Cobre is a cohort for the Big thinking discovery focussed 2024 BHP Xplor programme exploration with support from BHP through the Xplor Programme For personal use only Strategically located near the basin margin of the KCB - typ
Slide 11: Strategic Target Drilling: Okavango Copper Project
Strategic Target Drilling : Okavango Copper Project Ongoing Diamond Drilling Targets Mineralisation along Strike from MMG’s Zone 5 Production For personal use only Strike extension from known deposits along strike from Zone5, Zone5N, Zeta, Selena and Plutus deposits. Correct setting On the margin re
Slide 12: Ngami Copper Project: Scope for Development?
Ngami Copper Project: Scope for Development? 40km Strike For personal use only of Copper Silver Mineralisation Consistent chalcocite mineralisation intersected along extensive strike lengths Structurally controlled high-grade intersections include: 9.3m @ 3.4% Cu 10.7m @ 1.3% Cu and 30g/t Ag and 18
Slide 13: Ngami Copper Project Modelling Highlights
Ngami Copper Project Modelling Highlights Significant Scale and et Untested Upside Com Inte rste llar For personal use only The estimates of tonnage and grade for exploration target category are conceptual in nature, there has been insufficient exploration to estimate a Mineral Resource and it is un
Slide 14: Ngami Copper Project: Essential Criteria for In-Situ Copper Recovery
Ngami Copper Project Essential Criteria for In-Situ Copper Recovery For personal use only Mineralisation suitable for Ore Body below Suitable Host Acid Leaching: Water Table: Rock Permeability Fine-grained chalcocite ideal for Water table at 130m to 140m below Detailed fracture logging, AI-driven hy
Slide 15: In-Situ Copper Recovery: Active Pump Tests Prove Hydrogeology
In-Situ Copper Recovery : Active Pump Tests Prove Hydrogeology For personal use only Drilling of injection and monitoring wells into the primary mineralised fracture zone and less permeable hangingwall and footwall completed )("'&(*'"+ Short term injection pumping of water demonstrates amenable perm
Slide 16: In-Situ Copper Recovery: Engineering scoping and financial study
In-Situ Copper Recovery : Engineering scoping and financial study For personal use only Commencement of Scoping Study To evaluate the application of ISCR and alternative methods Gap Analysis Optimal Mining / Extraction Methods Process Design Economic study to provide a financial model 16 May 2024 AS
Slide 17: For personal use only
For personal use only Geological factors prevent 95% of copper projects from using this specific In-Situ Copper Recovery mining method! Click Here to watch the video ASX: CBE
Slide 18: Stage Gated Exploration
For personal use only 04 Stage Gated Exploration
Slide 19: Stage Gated Strategy to Advance Exploration and Development Projects
Stage Gated Strategy to Advance Exploration and Development Projects ISCR development Big-scale target generation Strategic Target drilling 2024 For personal use only Injection Pump Testing Assess priority portions of the Kalahari Copper Test priority targets where copper Complete hydrogeological dr
Slide 20: Indicative Exploration Timeline
Indicative Exploration Timeline 2024 Q1 Q2 Q3 Q4 Ngami Copper Project For personal use only Hydrogeological pump tests and modelling ! ! Metallurgical column tests Economic scoping study ! ! Resource diamond drilling ! Kitlanya West Project Seismic survey ! Target drilling ! Okavango Copper Project
Slide 21: Investment Summary
Investment Summary Strategic Global Land Package: vast land package, district-scale discovery opportunities for copper deposits. For personal use only Accelerated Development Potential in Botswana projects present discovery and copper development opportunities. Support from BHP through the 2024 Xplo
Slide 22: Appendix
For personal use only Appendix
Slide 23: Board of Directors
Board of Directors Strong Leadership For personal use only 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 Hollan
Slide 24: In Situ Recovery Comparisons
In Situ Recovery Comparisons For personal use only Taseko Mines Limited Florence Copper 363 mT @ 0.35% Cu (M+I)1 Pre-Tax IRR 49% Well field drilling site infrastructure development started CAPEX US$232m Tracking towards first copper production in Q4 2025 OPEX US$1.11 / lb Pre-Tax NPV = US$1,090m Est
Slide 25: For more information contact
For personal use only For more information contact: www.cobre.com.au info@cobre.com.au His Excellency Mokgweetsi Masisi (President), Hon Lefoko Moagi (Minister of Mines), Her Excellency Ms Dorcas Kobela Makgato (High Commissioner to Australia) with Cobre’s CEO Adam Wooldridge and Chairman Martin Hol