Koba Resources Limited · ASX:KOB
Koba Resources — Investor Presentation (September 2024)
21 slides from Koba Resources's investor presentation, Sep 10, 2024
Slide 1: ASX Release: Company Presentation
10 SEPTEMBER 2024 ASX RELEASE Company Presentation Koba Resources Limited (ASX:KOB) attaches a copy of its updated Company Presentation, following recent announcements in relation to exploration results from its Yarramba Uranium Project (South Australia) and Harrier Uranium Project (Canada). Authori
Slide 2: High-quality uranium projects in world-class districts
ASX:KOB | kobaresources.com High-quality uranium projects in world-class districts September 2024 Ben Vallerine Managing Director
Slide 3: Two projects with outstanding potential to discover large, high-grade uranium deposits
Two projects with outstanding potential to discover large, high-grade uranium deposits Yarramba Project Harrier Project South Australia Canada • Project acquired January 2024 – earning an 80% interest. • Extremely high-grade Harrier Uranium Project added to the • 5,000km2 and 250km of palaeochannels
Slide 4: Capital structure
Capital structure Share price Market capitalisation Share price performance Year to 30 August 2024 $0.11 $17.5m 52 week high $0.195, low $0.062 At $0.11 $0.20 Acquisition Shares on issue Cash of Yarramba 158.6m $4.6m* $0.15 *As at 30 June 2024. $0.11 $0.10 Performance rights Options (A$0.14 - $0.30)
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: The Oban Uranium Deposit within the Yarramba Project has outstanding potential
The Oban Uranium Deposit within the Yarramba Project has outstanding potential Immediate priority is to extend the high- grade mineralised trends. • Previous thick, high-grade intersections include: • 7.5m @ 831ppm eU3O8; • 2.1m @ 2,236ppm eU3O8 • 4.5m @ 964ppm eU3O8; and • 3.9m @ 1,104ppm eU3O8. •
Slide 7: The Oban Uranium Deposit has potential for a significant high-grade resource
The Oban Uranium Deposit has potential for a significant high-grade resource Consistent and contiguous high- grade mineralisation. • A geological review has identified consistent high- grade mineralisation. Contiguous drill intersections include: • 2.12m @ 2,236ppm eU3O8; 2.12m @ 2,236ppm eU3O8 • 2.
Slide 8: Initial Drill Results from the Oban Uranium Deposit
Initial Drill Results from the Oban Uranium Deposit Shallow, thick, high-grade uranium intersected in Koba’s initial holes. • Koba commenced a 110-hole, 11,000m drilling program in August 2024. • The first 9 holes (996m) at the Oban Deposit returned significant, high-grade results which include: • 3
Slide 9: Drilling is continuing at the Oban Deposit, the first exploration since 2012
Drilling is continuing at the Oban Deposit, the first exploration since 2012 Target Geological review has indicated southwest to northeast trends. Target • The new interpretation has resulted in multiple new target areas around the Oban Deposit. Target • The undrilled target areas provide significan
Slide 10: 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 completed to define the extents of the palaeochannel and as a first pass test for uran
Slide 11: 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 Oban Uranium returned significant intercepts include: Deposit • Berber – 1.0m @ 860ppm eU3O8 and 0.5mm @ 1,200ppm eU3O8 • Yarram
Slide 12: Yarramba East an additional 25km of untested, interpreted palaeochannel
Yarramba East an additional 25km of untested, 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 Untested • The Ya
Slide 13: Harrier Uranium Project, Newfoundland and Labrador, Canada
Harrier Uranium Project Newfoundland and Labrador, Canada An exceptionally high-grade uranium project. • In April 2024 Koba acquired a four-year option to purchase 100% of the 131km2 Harrier Uranium Project. • Located within a world-class uranium district that includes 127.7Mlbs of U3O8 at Paladin E
Slide 14: Ten prospects have returned rock chip assays > 1.0% U3O8
Ten prospects have returned rock chip assays > 1.0% U3O8 • 7.48% U3O8 − Moran Height Prospect • 2.12% U3O8 − Anomaly 7 Prospect • 5.08% U3O8 − Fish Hawk North Prospect • 1.49% U3O8 − Fish Hawk South Prospect • 4.86% U3O8 − Brook Prospect • 1.48% U3O8 − Boiteau Prospect • 3.48% U3O8 − Minisinakwa Pro
Slide 15: Harrier Uranium Project 7.48% U3O8 from inaugural sampling program
Harrier Uranium Project 7.48% (74,800ppm) U3O8 from Koba’s inaugural sampling program. • During June 2024 Koba conducted a 3-week sampling and prospecting program at the Harrier Project, collecting 242 rock chip samples. • The initial program confirmed the presence of widespread, very high-grade min
Slide 16: Project timeline
Project timeline 2024 - 2025 Yarramba Project August September October November December January February March April Target Generation Permitting Drilling Drill Results Harrier Project August September October November December January February March April Project Planning Field Program Assay resul
Slide 17: 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 • Founder and Managing Director of Koba • Chartered Accou
Slide 18: 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 1 September 2024 Source: tradingeconomics.com 100 • Nuclear energy is a carbon-free, baseload power source; a critical part of the clean energy m
Slide 19: In-Situ Recovery (ISR) ~60% of global uranium production
In-Situ Recovery (ISR) ~ 60% of global uranium production • ISR mining accounts for ~ 60% of global uranium production. • Well understood and proven technology. • Low-cost mining method. • Reverses the natural process of uranium ore deposition by: • Circulating a lixiviant (mining solution) through
Slide 20: Disclaimer
Disclaimer This presentation prepared by Koba Resources Limited (“Company”) does not purport to contain all the information that a statements reflect current expectations, intentions or strategies regarding the future and assumptions based on currently prospective investor may require in connection
Slide 21: Contact
Contact The Oban Deposit Area Ben Vallerine Managing Director Unit 25, Level 3, 22 Railway Road Subiaco, Western Australia, 6008 Phone: +61 8 9226 1356 Mobile: +61 4 3997 0595 Email: info@kobaresources.com kobaresources.com Alex Cowie Investor Relations Mobile +61 412 952 610 alexc@nwrcommunications
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