Kincora Copper Limited · TSXV:KCC
Kincora Copper — Investor Presentation (October 2026)
38 slides from Kincora Copper's investor presentation, Oct 13, 2026
Slide 1: Kincora Investor Presentation
Kincora Investor Presentation For personal use only Melbourne, Australia — October 13th, 2026 Copper-gold explorer and hybrid project generator Kincora Copper Limited (ASX & TSXV: “KCC”) (Kincora or the Company) is pleased to provide the attached Investor Presentation for 4Q’2026 for release to the
Slide 2: Multiple Pathways to World-Class Gold-Copper Discovery in Australia
ASX: KCC · TSXV: KCC For personal use only Multiple Pathways to World-Class Gold-Copper Discovery in Australia 4Q 2026 www.kincoracopper.com 1
Slide 3: Corporate Overview
For personal use only CORPORATE OVERVIEW Kincora is an institutional- grade gold-copper explorer with a district-scale portfolio across Australia's premier mining jurisdictions Our hybrid prospect generator model delivers multiple discovery opportunities across a portfolio of projects and targets as
Slide 4: Corporate Snapshot
For personal use only Differentiated Hybrid Prospect Generator Model Leverages “traditional” and “next generation” geoscience via partner-funded and self-funded exploration to maximize discovery potential while preserving shareholder capital and minimizing dilution Industry-Leading Technical Team Pr
Slide 5: Capital Structure Snapshot
For personal use only CORPORATE OVERVIEW Capital Structure Snapshot 48M $47M Shares / CDIs on issue Undiluted market cap Compact share count helps preserve Current capitalisation reflects a upside per deal and discovery still-early discovery rerating opportunity $0.98 ~$13M Share price Cash on hand
Slide 6: Board & Management
John Holliday Peter Leaman CHAIR TECHNICAL COMMITTEE TECHNICAL COMMITTEE NON-EXECUTIVE DIRECTOR SENIOR VP EXPLORATION For personal use only LEADERSHIP Board & Management Sam Spring TECHNICAL COMMITTEE PRESIDENT & CEO, DIRECTOR Cerith Frame TECHNICAL COMMITTEE, EXPLORATION & BUSINESS DEVELOPMENT MANA
Slide 7: Advisory Board
Kaitlin Taylor INVESTOR RELATIONS For personal use only LEADERSHIP Advisory Board Jeff Phillips Brent Cook STRATEGIC ADVISOR ECONOMIC GEOLOGY JUNIOR RESOURCE SECTOR EXPLORATION ANALYSIS Specialist firepower beyond the boardroom The advisory board extends Kincora’s reach across exploration, asset-lev
Slide 8: Our Core Projects: Kincora Portfolio
For personal use only OUR CORE PROJECTS Kincora Portfolio ASX: KCC · TSXV: KCC 7
Slide 9: Hybrid Prospect Generator Model
+$100M +$10M For personal use only PARTNER FUNDED EXPLORATION potential third-party in partner-funded asset level investment exploration since late 2024 Hybrid Prospect Generator Model Partners fund majority of exploration expenditure with Kincora’s primary role being generating large- scale porphyr
Slide 10: Sole Funded Exploration
Divesting Mongolian project to recognize value, generate cash, For personal use only recycle cash and streamline focus SOLE FUNDED EXPLORATION to core NSW portfolio Focused Value Add Project origination and earlier stage exploration to add scale, support proof of exploration concepts and asset level
Slide 11: Kincora's Pipeline
STRATEGY Kincora’s Pipeline For personal use only Generate → Truth → Partner → Retain Material Exposure To Discovery Upside GEOLOGICAL GENERATE & ADVANCE & PARTNERS OR PARTNER-FUNDED 01 02 03 04 05 THESIS & TARGETS ACQUIRE GROUND TRUTH DIVEST DISCOVERY • “Traditional” reviews • Peg open ground/claim
Slide 12: Early Stages Of Execution
STRATEGY Early Stages Of Execution For personal use only Ramping up scale with More Deals and More Drilling Pre 2015 / 2016 2019 / 2020 2023 / 2024 2026 / 2027 Prior commodity 02Kincora pivot in jurisdiction Kincora pivot in funding model 05 Increasing cash each quarter of cycle funder + Builds NSW
Slide 13: Macquarie Arc Porphyry Projects
For personal use only MACQUARIE ARC Porphyry Projects ASX: KCC · TSXV: KCC 12
Slide 14: Australia's foremost porphyry district
DISTRICT PROJECTS For personal use only Australia’s foremost porphyry district Multiple world-class mines New discoveries being made and rewarded Active M&A & majors partnering with juniors References provided in the Appendix ASX: KCC · TSXV: KCC 13
Slide 15: Northern Junee-Narromine Belt (NJNB) project
For personal use only PORPHYRY PROJECTS Northern Junee-Narromine Belt (NJNB) project Nyngan West L O C A TIO N SI ZE STA G E FUNDING B Y C A TA L YST Macquarie Arc 2,359km² Greenfield AngloGold Drilling Ashanti Nyngan license TA R G E TS Nevertire, Nevertire South, Nyngan, Nyngan South & Mulla licen
Slide 16: NJNB Project
NJNB PROJECT For personal use only NEW PROVINCE SCALE IMMEDIATE TARGET / INITIAL INTRUSIVE COMPLEXES UPGRADED Long Section on Slide 16 References provided in the Appendix ASX: KCC · TSXV: KCC 15
Slide 17: NJNB Project Geological Characteristics
NJNB PROJECT For personal use only Geological Suggestive of increasing proximity to system core(s) Plan View on Slide 15 characteristics required for multiple Nevertire target discoveries SAME SCALE Cadia Ridgeway deposit References provided in the Appendix ASX: KCC · TSXV: KCC 16
Slide 18: Nyngan West project
PORPHYRY & CRITICAL MINERALS PROJECT For personal use only Nyngan West project L O C A TIO N SI ZE STA G E FUNDING B Y C A TA L YST(S) Macquarie Arc 207km² Greenfield Kincora Drilling Fifield Suite TA R G E TS • Epithermal gold-base metal style • Porphyry related copper- • Ultramafic hosted critical
Slide 19: Cowal East project
PORPHYRY PROJECT For personal use only Cowal East project L O C A TIO N SI ZE STA G E FUNDING B Y C A TA L YST(S) 101km² Geophysics Brownfield Kincora Macquarie Arc + 9km² Application Atomionics Drilling New partnership TA R G E TS • Epithermal gold-base metal style mineralization • Porphyry related
Slide 20: Fairholme project
For personal use only PORPHYRY PROJECT Fairholme project L O C A TIO N SI ZE STA G E FUNDING B Y C A TA L YST(S) Macquarie Arc 190km² Brownfield Kincora Drilling, New partnership TA R G E TS • Epithermal gold-base metal style mineralization • Porphyry related copper-gold Historic / Nearby Production
Slide 21: Trundle project
For personal use only PORPHYRY PROJECT Trundle project L O C A TIO N SI ZE STA G E FUNDING B Y C A TA L YST(S) Macquarie Arc 167km² Brownfield Kincora Drilling, New partnership TA R G E TS • Porphyry and skarn related copper-gold • Epithermal gold-base metal style mineralization Historic / Nearby Pr
Slide 22: Cundumbul project
For personal use only PORPHYRY PROJECT Cundumbul project L O C A TIO N SI ZE STA G E FUNDING B Y C A TA L YST(S) Macquarie Arc 35km² Greenfield Kincora Target refinement New partnership TA R G E TS • Epithermal gold-base metal style mineralization • Porphyry related copper-gold Historic / Nearby Pro
Slide 23: Wongarbon project
PORPHYRY PROJECT For personal use only Wongarbon project L O C A TIO N SI ZE STA G E FUNDING B Y C A TA L YST(S) Macquarie Arc 156km² Greenfield NSW Govt, Fleet Space, Drilling Kincora Geophysics TA R G E TS • Porphyry related copper-gold • Epithermal gold-base metal style mineralization Exploration
Slide 24: Cobar Basin: Condobolin Project
For personal use only COBAR BASIN Condobolin Project ASX: KCC · TSXV: KCC 23
Slide 25: Consolidation accelerating in the Cobar District
DISTRICT PROJECTS For personal use only Consolidation accelerating in the Cobar District High-grade gold rich critical mineral deposits Under-utilized infrastructure/mills Active M&A MATURE MINES – Initial focus of recent M&A Active since 1870 - Long plant capacity/Short ore • Harmony’s A$1.6b acqui
Slide 26: Condobolin project
COBAR BASIN For personal use only Condobolin project L O C A TIO N SI ZE STA G E FUNDING B Y C A TA L YST Cobar Basin 242km² Brownfield Kincora Drill results & review TA R G E TS District scale historical mining field - Meritilga, Phoenix and Tilga targets • Near surface high-grade epithermal gold,
Slide 27: Condobolin Project: Obstacle into Opportunity
CONDOBOLIN PROJECT Historic shallow OBSTACLE INTO OPPORTUNITY Easy exploration by modern standards Water previously impeded mining & exploration efforts mining field For personal use only MERITILGA TARGET: DISCOVERY HOLE Anomalous soil geochemistry zonation 4m @ 20g/t Au, 0.26% Cu, supports a much l
Slide 28: Latest Phase of Exploration Made the Meritilga Discovery
CONDOBOLIN PROJECT Latest Phase of Exploration Made the Meritilga Discovery For personal use only Condobolin project - Meritilga target Kincora along strike (KCC.ASX/TSXV) CSA Mine Achilles discovery Examples of $40 million mkt cap Cobar Basin $1.6 billion takeover of MAC Copper systems Harmony Gold
Slide 29: Kincora Portfolio Summary
Kincora Portfolio Summary For personal use only Project Partner Status News / Results Third Party Funding Management Fee Income Northern Junee-Narromine Belt Drilling Rolling AngloGold Ashanti 10% of expenditure Drilled: 9 holes & Condobolin 100% Owned 4Q'2026 — — review pending Drilled: Discussions
Slide 30: Why Invest?
KINCORA COPPER For personal use only Discovery potential with Why Invest? disciplined capital exposure Au-Cu Tier-1 01 02 Exposure to Tier-1 Gold-Copper Districts Proven Discovery Team Hybrid Near-term Strategic land position within Australia’s premier mining Leadership and technical expertise with
Slide 31: Appendix
For personal use only APPENDIX ASX: KCC · TSXV: KCC 30
Slide 32: Increasing M&A, earn-ins & discovery
DISTRICT PROJECTS Increasing M&A, earn-in’s & discovery For personal use only MACQUARIE ARC Australia’s foremost porphyry belt • Newmont buys Newcrest in 2023 (flagship Cadia ) • Evolution buys 80% of Northparkes in 2023 ($720m – fully repaid) • Evolution buys Cowal in 2015 as cornerstone asset: sin
Slide 33: Prospect Generator Model: Leverage to the upside
PROSPECT GENERATOR MODEL Leverage to the upside For personal use only CASE STUDIES Historic success stories MODERN DAY Porphyry examples ~C$1b >130x US$365m >15x ~£1.5b >20x >C$50m >5x >C$60m >5x >C$330m >8x Takeover Takeover Mkt Cap Mkt Cap Mkt Cap Mkt Cap Arequipa Resources Reservoir Minerals Grea
Slide 34: Prospect Generator Model: Reduced Risk Profile
PROSPECT GENERATOR MODEL Reduced Risk Profile For personal use only FINANCIAL STRUCTURE COMPARISON RISK PROFILE COMPARISON Partner Funding Limited or none Significant portion of exploration budget Exploration Risk Higher — Often relatively Lower — generally diversified "binary" and "all-in" on acros
Slide 35: Important notices
For personal use only Important notices DISCLAIMER Certain disclosure may constitute "forward-looking statements”. In making the forward-looking statements, Kincora Copper Limited (ARBN 645 457 763)(“Kincora” or the “Company”) has applied certain factors and assumptions that the Company believes are
Slide 36: References
For personal use only References The Company confirms that it is not aware of any new information or data that materially affects the information included in the original market announcements, and that all material assumptions and technical parameters have not materially changed. Kincora also confir
Slide 37: References
For personal use only References (f) Cowal East project: On March 10, 2026, Kincora announced (see “Kincora consolidates, commences Geophysics at Cowal East”) a new partnership with Atomionics initially for the Cowal East project, with a pathway for other projects. At Kincora’s costs a “traditional”
Slide 38: Contact Us
For personal use only CONTACT US Sam Spring Kaitlin Taylor President & CEO Investor Relations Time Zone: Australian Eastern Standard Time Zone: North American Eastern Standard sam.spring@kincoracopper.com investors@kincoracopper.com +61 431 329 345 +1778 887 6861 ASX: KCC · TSXV: KCC 37
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