Koba Resources Limited · ASX:KOB
Koba Resources — Investor Presentation (April 2024)
26 slides from Koba Resources's investor presentation, April 2024
Slide 1: High-quality uranium projects in world-class districts
April 2024 1 ASX:KOB| |kobaresources.com ASX:KOB kobaresources.com High-quality uranium projects in world-class districts Ben Vallerine Managing Director
Slide 2: Two high-grade uranium projects, two world class uranium districts
Two high-grade uranium projects Two world class uranium districts • The Yarramba Uranium Project was acquired in January 2024. • 5,000km2 and 250km of palaeochannels to explore. • Includes the Oban Uranium Deposit with a JORC 2004* resource of 4.6Mlbs @ 260ppm U3O8 from 8.2Mt. • Located in a jurisdi
Slide 3: Capital structure
Capital structure Share price Market capitalisation A$19.8m Share price performance A$0.125 Year to 12 April 2024 52 week high $0.195, low $0.062 At $0.125 $0.20 Shares on issue Cash Acquisition of Yarramba 158.1m A$6.0m* $0.15 *As at 31 December 2023 plus subsequent $2m capital raising in $0.125 Ja
Slide 4: Experienced Board and technical team
Experienced Board and technical team Extensive uranium experience Mike Haynes Ben Vallerine Scott Funston Mark Couzens Non-Executive Chairman Managing Director Non-Executive Director Exploration Manager • 30 years’ experience in international • Founding Managing Director of Koba • Chartered Accounta
Slide 5: Flagship Yarramba Uranium Project is in a world-class uranium district
Flagship Yarramba Uranium Project is in a world-class uranium district Two currently producing in-situ recovery uranium operations nearby. • The Yarramba Project is located: • 17km north of the Honeymoon Uranium Operation. • 71.6Mlbs @ 620ppm U3O8 of resources. • Recently commenced mining. • 120km s
Slide 6: Yarramba's Oban Deposit offers outstanding potential
Yarramba’s Oban Deposit offers outstanding potential Immediate priority is to delineate high- grade mineralisation at the 4.6Mlb Oban Deposit. • Previous intersections include: • 7.5m @ 831ppm U3O8; • 4.5m @ 964ppm U3O8; and • 3.9m @ 1,104ppm U3O8. • Opportunities to discover extensions of thick, hi
Slide 7: Yarramba's Oban Deposit has potential for a significant high-grade resource
Yarramba’s Oban Deposit has potential for a significant high-grade resource Coherent high-grade mineralisation. • A geological review has identified coherent high- grade mineralisation. Contiguous drill intersections include: • 2.12m @ 2,236ppm U3O8; • 2.65m @ 1,174ppm U3O8; • 2.20m @ 1,502ppm U3O8;
Slide 8: Mt John Prospect within the highly endowed Yarramba Palaeochannel
Mt John Prospect within the highly endowed Yarramba Palaeochannel Immediately along strike from over 50Mlbs of uranium resources at the Honeymoon, Jason and Saffron Deposits. • Previous broadly-spaced drilling was to define the extents of the palaeochannel and was a first pass test for uranium. Dril
Slide 9: 5,000km2 and 250km of additional palaeochannels to explore
5,000km2 and 250km of additional palaeochannels to explore. Numerous prospects to follow-up. • Previously identified prospects with limited broad-spaced drilling that have returned significant intercepts include: • Berber – 1m @ 860ppm U3O8 and 0.5mm @ 1,200ppm U3O8 • Yarramba North – 2.0m @ 530ppm
Slide 10: Untested exploration target includes 25km of additional interpreted palaeochannel
Untested exploration target includes 25km of additional interpreted palaeochannel The highly-endowed Yarramba palaeochannel is interpreted to split south of the Jason Deposit. • Potential extension to the high-grade mineralisation known at the Jason Deposit – 10.7Mlbs @ 790ppm U3O8. New 25km Unteste
Slide 11: Maiden drilling to begin at Yarramba in Q2 2024
Maiden drilling to begin at Yarramba in Q2 2024 First exploration program at the Yarramba Project since 2012. • Drill program will target extensions to high-grade trends at the Oban Deposit and target new discoveries at Mt John. • Preparations are in the final stages for a 10,000m drill program to c
Slide 12: Harrier Uranium Project
Harrier Uranium Project Labrador Newfoundland, Canada An exceptionally high-grade uranium project in Canada. • In April 2024 Koba acquired a four-year option to purchase 100% of the 131km2 project in eastern Canada. • Located within a world-class uranium district that includes 127.7Mlbs of U3O8 at t
Slide 13: Nine prospects have returned rock chip assays > 1.0% U3O8
Nine prospects have returned rock chip assays > 1.0% U3O8 • 5.83% U3O8 − Moran Height Prospect • 5.08% U3O8 − Fish Hawk North Prospect • 4.86% U3O8 − Brook Prospect • 3.48% U3O8 − Minisinakwa Prospect Geologist at the Harrier Uranium Project. • 2.12% U3O8 − Anomaly 7 Prospect • 1.49% U3O8 − Fish Haw
Slide 14: Harrier Uranium Project: Field work to start in June 2024
Harrier Uranium Project Field work to start in June 2024 Considerable potential to discover a very high-grade uranium deposit at Harrier. • The Project is heavily under-explored as: • Three of the nine high-grade prospects are undrilled; and • Four of the prospects have been tested by 11 holes or le
Slide 15: Planned timeline
Planned timeline 2024 Yarramba Project April May June July August September October November December Target Generation Permitting Drilling Drill Results Harrier Project April May June July August September October November December Target Generation Prospecting and Mapping Assay results 15
Slide 16: Nuclear energy is undergoing a resurgence globally
Nuclear energy is undergoing a resurgence globally Uranium price surged to US$106/lb in Uranium price ($US/lb) January 2024, the highest since 2007. As at 12 April 2024 Source: tradingeconomics.com 100 • Nuclear energy is a carbon-free, baseload power source offering a much higher energy density tha
Slide 17: Disclaimer
Disclaimer This presentation prepared by Koba Resources Limited (“Company”) does not purport to contain all the information that a or intended. These forward-looking statements are expressed in good faith and believed to have a reasonable basis. These prospective investor may require in connection w
Slide 18: Appendices
Appendices The Oban Deposit Area
Slide 19: Project Acquisition Terms
Appendix 1 Project Acquisition Terms Yarramba Uranium Project Harrier Uranium Project 1. Koba acquired the right to earn an 80% interest in the Tertiary 1. Koba acquired a 4-year option to purchase 100% of the Harrier hosted uranium rights from Havilah Resources Limited in Uranium Project in conside
Slide 20: Oban JORC Mineral Resource
Appendix 2 Oban JORC Mineral Resource Contained Project Classification Tonnes (Mt) eU3O8 (ppm) eU3O8 (Mlbs) Oban1 Inferred 8.2 260 4.63 1Details released to the ASX by Curnamona Energy Limited* on 4 June 2009 applying a grade-thickness cut-off of 0.015 metre % eU3O8. Numbers in the resource table ar
Slide 21: Lithium Projects Within the Prolific Ontario-Manitoba Lithium Province
Appendix 3 Whitlock Lithium Project. Lithium Projects Within the Prolific Ontario-Manitoba Lithium Province. 6.8Mt @ 1.39% Li2O 21
Slide 22: Whitlock Lithium Project
Whitlock Lithium Project Surrounded by lithium deposits Manitoba & Ontario, Canada Whitlock Li project Mine or Deposit Pegmatite Bird River Greenstone Belt Historical drilling Roads N 5km 22
Slide 23: Whitlock Lithium Project: Extensive network of mapped pegmatites
Whitlock Lithium Project. Extensive network of mapped pegmatites. Discovered three prospects with lithium-bearing pegmatites during 2023 exploration programs. • Blue Moon Prospect returned assays up to 3,806ppm Cs2O, 731ppm Ta2O5, 0.15% Li2O and 0.63% SnO2. Pegmatites outcrop over 70m of strike and
Slide 24: JB1 Lithium Project, Quebec, Canada
JB1 Lithium Project. Quebec, Canada Located in the world class James Bay lithium province near significant deposits. • 12km west of the Critical Elements’ Rose Lithium Deposit - 34.2Mt @ 0.9% Li2O. • 30km southeast of Allkem’s James Bay Lithium Deposit – 110.2Mt @ 1.3% Li2O. • 18km east of Cygnus Me
Slide 25: References to Resources
Appendix 4 References to Resources 1. Tanco Mine - GSWA Mineral Resources Bulletin 22, Chapter 10. International tantalum resources – 13. James Bay Lithium Deposit - Allkem Limited (ASX:AKE) ASX Release James Bay Lithium Project Feasibility exploration and mining. Study & Maiden Ore Reserve, 21 Dece
Slide 26: Contact
Contact 1 ASX:KOB | kobaresources.com Ben Vallerine Managing Director Unit 25, Level 3, 22 Railway Road Subiaco, Western Australia, 6008 Mobile: +61 4 3997 0595 Phone: +61 8 9226 1356 Email: info@kobaresources.com kobaresources.com