Cobre Limited · ASX:CBE

Cobre — Armada Metals — Future Facing Commodities Conference 2023

16 slides from Cobre's conference presentation, April 2023

  1. Slide 1: Magmatic Nickel-Copper Explorer in Africa

    Magmatic Nickel-Copper Explorer in Africa Future Facing Commodities Conference | Singapore 4 – 6 April 2023 ASX: AMM This presentation was approved by Armada’s Managing Director & CEO, Dr Ross McGowan

  2. Slide 2: Disclaimer

    Disclaimer This presentation was prepared by Armada Metals Limited (“the Company”). No reproduction or distribution of this material is permitted to companies or individuals outside of those for whom this is intended. No agents, brokers or investment banks are authorised to present this material to

  3. Slide 3: Corporate Snapshot

    Corporate Snapshot Capital Structure: Shareholder Structure: Share Price1 A$0.046 15.6% RED Capital Shares on issue 104M Cobre 42.3% Current Market Capitalisation A$4.78M 14.4% Metal Tiger Current Cash Position2 A$2.785M 14.4% RCF Opportunities Fund 13.2% Others Directors and Management: Share Price

  4. Slide 4: Technical Team

    Technical Team Thomas Rogers (Technical Management) • Over 25 years in the exploration industry in Africa and co-founder of Armada Exploration and manager of technical programs. • Experience in a variety of mineral projects from early-stage exploration to feasibility across Africa, including Ghana,

  5. Slide 5: The Future of Green Metals: EV Revolution in Full Swing

    The Future of Green Metals: EV Revolution in Full Swing Nickel Copper The key battery cathode material in EVs, high Used extensively in the green energy industry nickel NMC 811 batteries are the favoured including in renewables, energy storage and EVs. chemistry. Copper demand is forecast to outstri

  6. Slide 6: Investment Overview

    Investment Overview • Belt-scale Nyanga Project covering an area of ~2,725km2 focused on magmatic nickel-copper discovery. • First mover advantage drilling untested Ni-Cu (Co- PGE) sulphide targets in Gabon. • Strategic land holding (100%-ownership) in a stable country with solid mining code. • Proo

  7. Slide 7: Nyanga Ni-Cu Project, Gabon

    Nyanga Ni-Cu Project, Gabon April 2023 | Armada Metals Ltd

  8. Slide 8: Nyanga Project Location

    Nyanga Project Location Previously unexplored craton margin offering belt-scale potential Gabon Tanzanian Craton Kabanga Deposit Armada Metals (Ni | Cu | Co) (Ni | Cu | Co | PGE) Congo 58.6Mt @ 2.61% Ni Exploration Craton | 0.37% Cu • The Nyanga Project is located along Munali Hills Deposit the Cong

  9. Slide 9: Nyanga Project Tenure

    Nyanga Project Tenure • G5-555 is valid until February 2025. • G5-150 is valid until until November 2025. • Exploration Conventions have been granted over both permits. • An Environmental Impact Notice, including Armada’s Environmental Management Plan, was accepted by the Ministry of Environment at

  10. Slide 10: Exploration to End 2022

    Exploration to End 2022 Nyanga Exploration Programs 2013 to end of 2022 Stream sediment samples 1,523 samples Soil samples 17,832 samples Rock geochemistry 568 samples Magnetic and radiometric survey Regional data acquired VTEMPlus airborne EM Survey 4,264 line-km Ground gravity 1377 stations Test p

  11. Slide 11: Drill Program − 2022

    Drill Program − 2022 • Ten-hole diamond drill program (3,240m) complete. • Magmatic sulphide mineralisation was intersected in all ten diamond drill holes at the Libonga North, Matchiti Central and Libonga South targets along the Libonga-Matchiti Trend (‘LMT’). • Detailed core logging has confirmed

  12. Slide 12: NSAMT Program − 2022

    NSAMT Program − 2022 a) Plan View b) Looking North Topographic surface • Modelling of ground NSAMT survey data has defined multiple discrete, very strong apparent conductors, which are consistent with the geological setting of the LMT intrusions. UBC: Magnetic Susceptibility (SI) Resistivity Isoshel

  13. Slide 13: MobileMT Program − 2022

    MobileMT Program − 2022 • First survey of its kind deployed on the African continent. • Preliminary inversion modelling of airborne MobileMT survey resistivity data has defined multiple potential targets which will drive future ground-based programs. • The MobileMT survey has achieved the objective

  14. Slide 14: 2023 Program

    2023 Program • NSAMT surveys to define drill ready targets to expand the current targets along the LMT. • Further characterisation of the mineral systems framework. • Drilling to focus on testing the Company’s priority NSAMT targets for the potential occurrence of accumulated magmatic sulphides and

  15. Slide 15: Summary: Advanced Exploration in Africa

    Summary: Advanced Exploration in Africa Experienced Board and management team with significant corporate and African exploration expertise. Discovery-focused technical team with proven track-record of discovery. First mover advantage drilling untested Ni-Cu sulphide targets in Gabon with belt-scale

  16. Slide 16: To explore further, contact:

    To explore further, contact: Armada Metals Ltd L7, 151 Macquarie Street Sydney, Australia armadametals.com.au For more details, please contact Ross McGowan: ross@armadametals.com.au

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