Kincora Copper Limited · TSXV:KCC
Kincora Copper — Investor Presentation (July 2023)
23 slides from Kincora Copper's investor presentation, Jul 31, 2023
Slide 1: Asset Level Restructuring and $2M Capital Raising
KINCORA COPPER For personal use only ASSET LEVEL RESTRUCTURING AND $2M CAPITAL RAISING ASX & TSXV : KCC July, 2023
Slide 2: Cautionary Statement
CAUTIONARY STATEMENT Kincora Copper Limited (ARBN 645 457 763): ticker “KCC” (ASX & TSX.V) Certain disclosure may constitute "forward-looking statements”. In making the forward-looking statements, Kincora Copper Limited (“Kincora” or “the For personal use only Company”) has applied certain factors a
Slide 3: Why Kincora?
WHY KINCORA? Leading Pure Play Explorer In Australia’s Foremost Copper-Gold District For personal use only Tier-1 Discovery Team Tier-1 Location in NSW Pending Transactions Outlined In This Presentation: Wholly Owned, Large-Scale High Impact Drilling Copper-Gold Targets Ongoing 3
Slide 4: Improved Foundations for Significant Value Creation
IMPROVED FOUNDATIONS FOR SIGNIFICANT VALUE CREATION Summary And Rationale For The Proposed Asset Restructuring And $2 Million Equity Offering ALLOWS KINCORA’S DISTRICT SCALE AND STRATEGIC For personal use only ASSET PORTFOFLIO TO NOW BECOME WHOLLY OWNED PROPOSED TRANSACTIONS PRO FORMA Restructure as
Slide 5: Value Drivers
VALUE DRIVERS Creating Value With The Drill Bit AND Corporate Strategy For personal use only Condobolin project 1 Northern Junee-Narromine projects 1 Trundle, Fairholme & Jemalong projects 1 • High grade gold-base metals • “Cadia-scale targets” with best ground in • Extensive existing mineral system
Slide 6: Dynamic + Rounded Board
DYNAMIC + ROUNDED BOARD Focused On Exploration Excellence And Creating Shareholder Value Shareholder Ownership And Remuneration Structures Key Milestones For personal use only Cameron McRae Sam Spring Independent Chairman President & CEO, Director 2019 - Pivot to NSW: Strategic review post mining Ch
Slide 7: Tier-1 Discovery Team
TIER-1 DISCOVERY TEAM Highly Accomplished Technical Team With An Outstanding Track Record Of Project Generation Leading To Significant Discovery John Holliday Paul Cromie For personal use only Peter Leaman Industry Leading John Holliday Peter Leaman Paul Cromie Technical Team Technical committee cha
Slide 8: Tier-1 Location
TIER-1 N LOCATION Cobar NYNGAN HIGH VALUE, LONG LIFE PROJECTS Cobar superbasin Macquarie Arc Nyngan • CSA • Cadia World-Class Gold-Copper Provinces • Endeavor • Northparkes NEVERTIRE • Peak • Cowal • >115Moz Gold & >30Mt Copper For personal use only • Tritton • Tomingley MULLA • Mining/Exploration C
Slide 9: Increasing Corporate Action
INCREASING License owners Kincora N Newmont CORPORATE ACTION 0 80 km Newmont /Legacy Macquarie Arc – Newcrest Cobar superbasin Junee Narromine belt CMOC/Su Recent / pending transactions mitomo Glencore For personal use only Mines / Advanced Projects Evolution - Glencore A$1.3b sale of CSA mine NYNGA
Slide 10: Condobolin: Potential Hub and Spoke Development Scenario
CONDOBOLIN Potential Hub And Spoke Development Scenario Historic Open Pit, High Grade Mining District With Lack Of Modern Exploration Kincora follow up Phoenix mine Meritilga Tilga target areas • High grade gold-base metals Cobar superbasin project For personal use only • 1893 – 1907 Previous drilli
Slide 11: District Scale + Strategically Located Porphyry Portfolio
DISTRICT SCALE+STRATEGICALLY NYNGAN / Duck Creek Outline of Macquarie Arc volcanic belts (Molong belt: east LOCATED PORPHYRY PORTFOLIO Junee-Narromine belt: west) Post mineral cover The Macquarie Arc is Australia’s foremost porphyry district and truly NEVERTIRE N world-class For personal use only Ju
Slide 12: The Largest Complex in the Macquarie Arc Is Untested
THE LARGEST COMPLEX IN THE Outline of Macquarie Arc ?? volcanic belts (Molong belt: east MACQUARIE ARC IS UNTESTED Junee-Narromine belt: west) Post mineral cover ?? N Untested district For personal use only ?? Junee-Narromine Under post mineral cover Co-operative funding grants available from NSW Go
Slide 13: Northern Junee-Narromine Belt
Kincora’s Projects In N NORTHERN JUNEE-NARROMINE BELT RED Kincora Beat Others To The Best Ground INFLECTION/ AngloGold A. • “The Northern Junee-Narromine belt offers further “Cadia-scale” discovery opportunities” - John Holliday, co-discover of Cadia (chair of Kincora’s technical committee) For pers
Slide 14: Northern Junee-Narromine Belt Outscores Rival Emerging Porphyry Districts
NORTHERN JUNEE-NARROMINE BELT (+ MACQUARIE ARC IN GENERAL) OUTSCORES RIVAL EMERGING PORPHYRY DISTRICTS Nth Junee-Narromine Belt Golden Triangle Vicuña District Nth Andean Belt – Ecuador For personal use only Macquarie volcanic arc Stikine multiphase arc Miocene metallogenic belt Eocene + Miocene bel
Slide 15: Trundle
TRUNDLE N Extensive Multiple System Porphyry And Skarn Systems Across 10km Strike Mordialloc NE • All five diamond holes within the southern portion of the Trundle license of Mordialloc Kincora’s 2023 program have confirmed an extensive multiple system gold-copper West For personal use only complex
Slide 16: Fairholme + Jemalong
FAIRHOLME + JEMALONG Driftway C Anomaly 2 World-Class Geological Setting, Evidenced By Resource Growth At Cowal • Driftway C and Anomaly 2 prospects: first drilling since 1997 by Kincora last year upgrades anomalies to highly prospective For personal use only FAIRHOLME Gateway targets • all Kincora
Slide 17: Cundumbul: Using AI to Generate, Fund and Test Drill Targets
CUNDUMBUL Using AI To Generate, Fund And Test Near Term Drill Targets • Proprietary Artificial Intelligence and 0 2 4km Machine Learning approach to For personal use only exploration via alliance with Earth AI ANDREWS Target • Up to $4.5m to be spent by Earth AI Structures • Success based where a ro
Slide 18: Mongolian Portfolio
MONGOLIAN PORTFOLIO External Strategic Review / Divestment Process Commenced June 20231 • Kincora was originally formed to undertake, and has been, the most active Western group undertaking regional copper exploration in the For personal use only Bronze Fox Southern Gobi (over the last decade) Tourm
Slide 19: The Majors Leading Change in Investor Sentiment
THE MAJORS (AGAIN) LEADING CHANGE IN INVESTOR SENTIMENT? 10 years ago, it was almost a necessity for all major copper miners to be in Mongolia: the geology hasn’t changed In the last 12 months, BHP, Rio Tinto & Zijin Mining have made investments, increasing or initiating Mongolian exposure ▪ Jan 202
Slide 20: Favorable Direct Peer Value Comparison
FAVORABLE DIRECT PEER VALUE COMP Xanadu Mines: ~A$150m market cap (ticker “XAM” : ASX/TSX) Kincora Holds The Largest Series Of Underexplored Copper-Gold Porphyry Flagship project: Kharmagtai Complexes In BRONZE Mongolia FOX PROJECT PROSPECTS (AND LICENSES) KHARMAGTAI PROJECT Location: PROSPECTS ~120
Slide 21: Why Copper?
WHY Volume COPPER? of 20 50 Net-zero Copper Demand Right Fundamentals INFRASTRUCTURE (HTTPS:/ / ENERGYMINUTE.CA/ INFOGRAPHICS/ TECHNOLOGY/ INFRASTRUCTURE/ ), MATERIALS (HTTPS:/ / ENERGYMINUTE.CA/ INFOGRAPHICS/ TECHNOLOGY/ MATERIALS/ ), MINING AND MINERALS (HTTPS:/ / ENERGYMINUTE.CA/ INFOGRAPHICS/ TE
Slide 22: Investment Opportunity
INVESTMENT OPPORTUNITY Location, Team, Targets For personal use only INCREASING ASSET VALUE DRIVERS FOCUSED, HIGH- VALUE AND WITH THE DRILL BIT IMPACT DRILLING STRENGTHENING AND CORPORATE ONGOING BALANCE SHEET STRATEGY Right Right Right Team Place Time RHS photo from the first hole CDDH001 61-65m Ph
Slide 23: Contact
KINCORA COPPER For personal use only Contact Sam Spring President & CEO Kincora drilling the first ever hole to basement (NEDD001) Email: sam.spring@kincoracopper.com at the Nevertire project in June 2023 Mobile: +61431 329 345 KCC . ASX Celebrating &soum’s Mandakh TSXV th 95 annual Naadam festival