Cordoba Minerals Corp. · TSXV:CDB

Cordoba Minerals — Investor Presentation (June 2021)

25 slides from Cordoba Minerals's investor presentation, June 2021

  1. Slide 1: Copper-Gold Developer with District-Scale Exploration Potential

    Copper-Gold Developer with District-Scale Exploration Potential June 2021 TSXV:CDB │ OTCQB: CDBMF TSX-V: CDB │ OTCQB: CDBMF

  2. Slide 2: Cautionary Statement

    Cautionary Statement These presentation slides (the “Slides”) do not comprise a prospectus or other form of offering document relating to Cordoba Minerals Corp. (“the Company”), and do not constitute an offer or invitation to purchase or subscribe for any securities of the Company or any other compa

  3. Slide 3: Exploring In Two World-Class Porphyry Copper Belts

    Exploring In Two World-Class Porphyry Copper Belts ✓ Management team has a demonstrated track record of discovery ✓ Strong financial and technical support from cornerstone investors (Ivanhoe Electric and JCHX) ✓ Colombia and Arizona are under-explored and highly prospective Perseverance Copper Explo

  4. Slide 4: Capital Markets Profile

    Capital Markets Profile Capital Structure Share Price and Volume (Last 12 Months) TSXV: CDB $2.50 0.40 Tickers 0.35 OTCQB: CDBMF $2.00 Volume (millions) Share Price (C$) 0.30 Basic Shares Outstanding1 60.0M $1.50 0.25 0.20 Warrants2 4.1M $1.00 0.15 0.10 $0.50 Options, RSU’s & DSU’s3 2.1M 0.05 $0.00

  5. Slide 5: Proven Management Team

    Proven Management Team Sarah Armstrong-Montoya, President and Chief Executive Officer • Has held various senior management positions within the Ivanhoe group of companies since she joined in 2010 • Appointed as Vice President, General Counsel of the Company in 2016 and in June 2018 also appointed as

  6. Slide 6: Experienced Board Of Directors

    Experienced Board Of Directors Eric Finlayson, Chairman Bill Orchow, Director • Geologist with over 35 years of global exploration experience • Previously served as a director of Revett Minerals, a Canadian company trading on • Appointed President of High Power Exploration Inc. (“HPX”), now Ivanhoe

  7. Slide 7: San Matias Project

    San Matias Project Copper-gold-silver development project in Córdoba, Colombia • Large open pit resource (indicated: 1.6B lbs CuEq at 0.64% CuEq) • Low strip ratio (0.81:1) • Robust 2019 PEA outlines a 23-year mine life • Staged ramp-up to 24,900 tpy of CuEq production • Well advanced on Pre- Feasib

  8. Slide 8: San Matias Project at a Glance

    San Matias Project at a Glance Ownership • 100% owned Property • Exploration licenses covering 149 km2 • Additional 2,491 km2 of exploration licenses under application Location • Department of Córdoba, Colombia • 390 km NW of Bogotá and 160 km N of Medellín • Accessible via a 70 km highway from th

  9. Slide 9: PEA Outlines Robust Copper-Gold Project

    PEA Outlines Robust Copper-Gold Project Unit Years LOM LOM Revenue by Metal2 1-5 (23 Years) 2% Nameplate Throughput tpd 8,000 16,000 25% Copper Average Grade Gold Copper % 0.67 0.45 Silver Gold g/t 0.30 0.26 Silver g/t 3.74 2.41 73% Strip Ratio waste:ore 0.82 0.81 After-Tax NPV8% (US$M)2 $373.3 Annu

  10. Slide 10: Advancing Towards Pre-Feasibility Study

    Advancing Towards Pre-Feasibility Study • Ongoing diamond drill program Several PFS trade-off studies are Impact (135 holes, 10,160 m) in support of currently under way: the PFS is 50% complete New definition of saprolite and − 103 drill holes totaling 5,128 m have Updated resource transition zones

  11. Slide 11: Upside Opportunity: Unquantifiable Gold In High-Grade Veins

    Upside Opportunity “Unquantifiable” Gold In High-Grade Veins High-grade gold veins cross-cut the Alacran deposit • Grades vary dramatically in drill core due to significant “nugget effect” • Veins have been successfully exploited for over 40 years • Potential to add significant value during commerci

  12. Slide 12: San Matias Is A Brand-New Mineral Camp

    San Matias Is A Brand-New Mineral Camp • Exploration licenses covering 149 km2 with additional 2,491 km2 of exploration licenses under application • Only 1% of all tenements has been explored to date • Identified two undrilled targets (Alacran North and Willian) with potential for the − discovery of

  13. Slide 13: Environmental & Social Governance

    Environmental & Social Governance • 12 communities within the area of interest Social management workshops to prioritize social investment in 12 communities • Social program consisting of short-, medium- and long-term plans • Current social work: − Regional development − Educational support − Cultur

  14. Slide 14: Perseverance Project

    Perseverance Project Potential for massive copper porphyry system in Arizona, U.S. • 25% owned, with right to earn up to 80% • 13,000 acre property • World-class copper region • Part of mineralized trend that hosts multiple major copper mines/deposits • ~10 km WSW of a 15 km2 outcrop of a porphyry s

  15. Slide 15: Perseverance Project at a Glance

    Perseverance Project at a Glance Ownership • Earn-in agreement with Bell Copper Corp. in Aug. 2018 • 25% owned with right to earn up to 80% Location • +13,000 acres in northwestern Arizona, ~19 miles southeast of Kingman and 150 miles northwest of Phoenix • Easily accessible via Interstate 40 Region

  16. Slide 16: Concealed Porphyry Target in a World-class Copper Province

    Concealed Porphyry Target in a World-class Copper Province Arizona has produced 10% of the world’s copper • Mainly from supergene-enriched deposits • Resolution is one of the world’s largest and highest-grade copper deposits (inferred resource of 1.8B tonnes at 1.53% Cu and 0.036% Mo) Arizona has be

  17. Slide 17: Adjacent To A Giant Porphyry Copper Root Zone

    Adjacent To A Giant Porphyry Copper Root Zone N Perseverance History • The 15 km2 Wheeler Wash quartz- magnetite stockwork was identified by Kennecott in the 1950’s f t ionot • Thought to be a “failed” porphyry ec e n Dir ovem copper system m K-15 K-20 • Dr. Tim Marsh recognized it as the root K-17

  18. Slide 18: Drill Hole K-20 Showed Evidence Of Nearby Porphyry Copper

    Drill Hole K-20 Showed Evidence Of Nearby Porphyry Copper Returned a long interval of K-20 at 814 metres anomalous copper values K-20 at 822 metres • 415 ppm Cu over 595 m1 • Downhole acoustic televiewer (ATV) measurements of fractures and vein-sets suggest the copper source is located to the northe

  19. Slide 19: Targeted Milestones

    Targeted Milestones 2021 2022 2023 2024 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 San Matias – Alacran Pre-Feasibility study Feasibility study Detailed design Final investment decision (FID) Mine construction San Matias – Regional ??? Perseverance Diamond drilling 6 key operational milestones targeted over the next 3

  20. Slide 20: Reasons to Invest

    Reasons to Invest A premier, Americas-focused copper-gold exploration & development company Potential Discovery Potential for long-life Cu- Proven potential a sizeable Au-Ag mine Advancing exploration & across porphyry life with low towards PFS development massive system at CAPEX & team property Per

  21. Slide 21: TSXV:CDB │ OTCQB: CDBMF

    Corporate Office Suite 606 – 999 Canada Place Vancouver, BC info@cordobamineralscorp.com www.cordobaminerals.com/ TSXV:CDB │ OTCQB: CDBMF TSX-V: CDB │ OTCQB: CDBMF

  22. Slide 22: San Matias – Alacran July 2019 Mineral Resource Estimate

    San Matias – Alacran July 2019 Mineral Resource Estimate CuEq Copper Gold Silver Contained Contained Contained Contained Tonnage Category Deposit grade grade grade grade CuEq copper gold silver (Mt) (%) (%) (g/t) (g/t) (tonnes) (tonnes) (oz) (oz) Alacran 16.7 0.85 0.64 0.30 3.59 142,700 106,700 158,

  23. Slide 23: Notes On Mineral Resources

    Notes On Mineral Resources 1. Mineral Resources that are not Mineral Reserves do not have demonstrated economic viability; the estimate of Mineral Resources in the updated Mineral Resource statement may be materially affected by environmental, permitting, legal, title, taxation, socio-political, mar

  24. Slide 24: Notes On The San Matias PEA

    Notes On The San Matias PEA 1. The San Matias 2019 PEA is preliminary in nature and includes an economic analysis that is based, in part, on Inferred Mineral Resources. Inferred Mineral Resources are considered too speculative geologically for the application of economic considerations that would en

  25. Slide 25: San Matias – Alacran PEA Site Layout

    San Matias – Alacran PEA Site Layout 1 2 3 4 5 6 7 416,000 417,000 418,000 419,000 420,000 421,000 422,000 858,000 858,000 LEGEN A M WATER COLLECTION AND TREATMENT S WATER COLLECTION AND PUMPING E WATER COLLECTION AND PUMPING SAPROLITE STOCKPILE 5M TONNES P 857,000 857,000 MONTIEL EAST PIT T B R MIL

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