Cobre Limited · ASX:CBE
Cobre — Africa Downunder Conference 2021
25 slides from Cobre's conference presentation, Sep 1, 2021
Slide 1: Africa Downunder Conference 2021
For personal use only This presentation has been approved by the Board of Cobre Limited Explore…Discover Africa Downunder Conference 2021 ASX: CBE September 2021
Slide 2: Disclaimer
Disclaimer For personal use only Not for release to US wire services or distribution in the United States. This investor presentation has been prepared by Cobre Limited (ACN 626 241 067). This presentation is for information purposes only. This presentation is not a prospectus nor an offer for secur
Slide 3: Cobre Capital Structure
Cobre Capital Structure For personal use only Sh are Pr i c e (As of 27 August 2021) 16 cps Shares on issue 156,649,877 Market capitalisation $25.064m Cash at bank as at 30 June* $8.146m Options on Issue –exercise price 20cps 13,249,000 Options on Issue – exercise price 30cps 2,000,000 Options on Is
Slide 4: Board of Directors – Strong Leadership
Board of Directors – Strong Leadership For personal use only Martin C Holland Andrew Sissian Michael McNeilly Michael Addison Executive Chairman & Managing Director Finance Director Non-Executive Director Non-Executive Director Mr Holland is a mining executive with over 12 Mr Sissian has experience
Slide 5: Diversified Cu Focused Explorer
Diversified Cu Focused Explorer For personal use only 29 Cu Copper High quality exploration and development pipeline to underpin Copper’s 63.546 future growth in the electric vehicle and renewable energy sector Clear Growth Strategy Strong Fundamentals Set for Growth Experienced Board & Mana
Slide 6: Copper's Path to $15,000/t
Copper’s Path to $15,000/t For personal use only Annual consumption growth estimated at Copper to trade up to $15,000/t by mid-decade 1.8% and has averaged 2.5% over last 40 years to mitigate depletion risks 5 Mt deficit projected Historical and forecast Copper price No Decarbonization without cop
Slide 7: Unlocking The Prolific Kalahari Copper Belt In Botswana
For personal use only BOTSWANA Unlocking The Prolific Kalahari Copper Belt In Botswana… Gaborone
Slide 8: Botswana: Kalahari Metals Ltd JV
Botswana: Kalahari Metals Ltd JV For personal use only The Kalahari Copper Belt (KCB) is regarded as one of the world’s JOINT VENTURE most prospective areas for yet-to-be-discovered sediment-hosted copper deposits by the US Geological Survey1 With shareholders’ approval, in April 2021 Cobre and
Slide 9: The Future of the KCB
The Future of the KCB For personal use only Could there be a tier-one discovery left to be found? Belt still largely under-explored, KCB remains immature in terms of discovered metal endowment Most deposit types are traditional limb hosted on the main redox contact – with T3/A4 presenting a newer ca
Slide 10: KCB Development Projects & Mineralisation Styles
KCB Development Projects & Mineralisation Styles For personal use only Permitted Motheo Production Hub1 Limb-hosted deposits = typically require underground exploitation (Structurally controlled examples) • T3: 53.3Mt @ 0.9%Cu & 13g/t Ag • A4: 6.5Mt @ 1.5%Cu & 24g/t Ag • T1: 2.7Mt @ 2%Cu & 50g/t Ag
Slide 11: Kalahari Metals Overview
Kalahari Metals Overview For personal use only KML, together with its subsidiaries Kitlanya (Proprietary) Limited (Kitlanya) (100%) and Triprop Holdings (Proprietary) Limited (51%) hold 8,100 km2 in proximity to, and along strike from, known deposits in the Kalahari Copper Belt, Botswana. 2nd BIGG
Slide 12: Kalahari Metals Overview
Kalahari Metals Overview For personal use only KML is targeting sediment hosted copper–silver deposits 2021 approved exploration similar to those being developed by neighbours Sandfire and Exploration Target Cupric Canyon Capital Progression May June July August Tenure consists of four Project A
Slide 13: Kitlanya East Project targeting Endurance and Perseverance
For personal use only Kitlanya East Project targeting Endurance and Perseverance • Target: Mineralisation in similar structural environment to neighbouring T3 and A4 deposits A4 6.5Mt @ 1.5% Cu, 24g/t Ag T1 CHALCOCITE ZONE 2.7Mt @ 2% Cu, 50g/t Ag New intersections include: 33Mt @ 0.64% Cu and 6 g/t
Slide 14: Perseverance
Perseverance For personal use only 2021 Diamond drilling (1,249m completed in 3 holes – drilling ongoing) Detailed magnetic and AEM data used to identify folds truncated by low angle shears in the core of the anticline = trap-sites for mineralisation Target model includes: Mineralisation along
Slide 15: Perseverance ongoing drilling – target models
Perseverance ongoing drilling – target models For personal use only Trap-site model above NPF-DKF contact Chalcopyrite (pXRF 18% Cu) KITE-019 KITE-010 Galena Fold hinge target ASX: CBE 15
Slide 16: Kitlanya East Drilling – Endurance
Kitlanya East Drilling – Endurance For personal use only 2021 Diamond (389 m in 2 holes) and reverse circulation (RC) drilling (1,695 m in 9 holes) Combined RC and diamond drilling programme recently completed over Endurance Targeting fold trap-sites identified in AEM inversion modelling, magnet
Slide 17: Kitlanya West Project
For personal use only Kitlanya West Project • Target model: Structurally controlled mineralisation above the contact, mineralisation on fold limbs and in hinge zones • KML data: high resolution magnetics and gravity (9,970km), regional AEM (847km) and soil sampling traverses (3,548 samples) • Histor
Slide 18: Kitlanya West: Exploration Strategy
Kitlanya West: Exploration Strategy For personal use only Airborne gravity results: trend removed Bouguer Anomaly Location of project on basin margin considered prospective for sedimentary copper deposits Outcropping Kgwebe Group volcanic basement considered an important regional vector to miner
Slide 19: Technical Team – Botswana
Technical Team – Botswana For personal use only KML’s technical team includes sediment-hosted copper specialists with significant operational experience Adam Wooldridge Dr Ross McGowan David Catterall Thomas Rogers Dr Wesley Hall BSc Hons Pr. Sci. Nat. PhD MSc Pr. Sci. Nat. BSc Hons MSAIMM PhD Adam
Slide 20: Strategic money in the ground JV budget
Strategic money in the ground JV budget For personal use only 2020 Exploration Budget Breakdown Completed stratigraphic drilling and soil sampling on South anticline target and KIT-E North anticline target Completed soil sampling, AEM and magnetic survey 2021 Completed detailed targeting progr
Slide 21: Active investment in Gabon
For personal use only Active investment in: GABON Belt-scale project focused on magmatic Ni-Cu discovery in Gabon
Slide 22: Armada Overview
Armada Overview For personal use only Cobre Ltd owns 18.5% of Armada- exploring the Nyanga Project Portfolio of belt-scale projects covering an area of ~3000km2 focused on Ni-Cu discovery First mover advantage targeting untested Ni-Cu (Co-PGM) sulphides in Gabon Strong land holding (100%-own
Slide 23: Global Magmatic Ni-Cu Deposits
Global Magmatic Ni-Cu Deposits For personal use only • All deposits are on, or near, craton margins • The ages and geometries of intrusions varies • Large deposits form in long-lived fault systems and are strongly controlled by pre-existing structures • A crustal source of sulphur is important • Min
Slide 24: References
References For personal use only Slides 1. Qualitative assessment of selected areas of the world for undiscovered sediment-hosted strata bound copper deposits: U.S. Geological Survey 8 Scientific Investigations Report 2010–5090–Y, 143 p., and spatial data available at http://dx.doi.org/10.3133/sir20
Slide 25: Thank you
For personal use only Thank you For more information contact: www.cobre.com.au info@cobre.com.au