Koba Resources Limited · ASX:KOB
Koba Resources — Investor Presentation (November 2025)
29 slides from Koba Resources's investor presentation, November 2025
Slide 1: Acquisition of the Stannary Hills & Mt Garnet Tin-Tungsten Projects
Acquisition of the Stannary Hills & Mt Garnet Tin-Tungsten Projects Building a diversified critical minerals explorer ASX:KOB | kobaresources.com
Slide 2: Discovering the Next Opportunity
Stannary Hills and Mt Garnet Tin-Tungsten Projects Discovering the Next Opportunity Exposure to building tin price backed by strong market fundamentals Tin ranked as the No 1 metal to benefit from new technology (MIT study) Supply decreasing from leading producers such as China, Myanmar and In
Slide 3: Building a Diversified Critical Minerals Portfolio in Australia
Building a Diversified Critical Minerals Portfolio in Australia Tin-tungsten and uranium Stannary Hills & Mt Yarramba Uranium Garnet Projects Project Queensland South Australia • Two proximal tin-tungsten projects with extensive high-grade • Located in favourable jurisdiction with operating uranium
Slide 4: Capital Structure
Capital Structure Pro-forma on completion of AGM Shares on issue Share price Koba Share Price v Uranium Price 285.7m* $0.078** $105 Since Feb 2024 $0.180 52 week high $0.115, low $0.029 $0.160 $95 $0.140 Options (A$0.08 - $0.30) Market capitalisation 133.0m* $0.120 $22.3m* $85 $0.100 At $0.078 $75 $
Slide 5: Stannary Hills and Mt Garnet Tin-Tungsten Projects
Stannary Hills and Mt Garnet Tin-Tungsten Projects Part of the Herberton Tin Field • Projects located <100km southwest of Cairns, Queensland. • 432km2 of highly-prospective granted tenure in the highly-endowed Herberton Tin Field. • Within Koba’s projects there are numerous historic tin mines, the l
Slide 6: Herberton Tin Field
Herberton Tin Field A rich tin mining history • Second largest tin-production region in Australia. • Produced over 75,000 tonnes of tin metal. • From 1880 onwards around 2,400 mines operated in the region. • Peak production 1880-1930; with sporadic mining continuing until 2012. • 12,260 tonnes of tu
Slide 7: Stannary Hills Project - Kitchener Trend
Stannary Hills Project Kitchener – a trend defined by high-grade tin mines • 7 high-grade mines produced ~120,000 tonnes of ore at ~2.3% Sn over 1.3km of strike. • Significant unmined mineralisation remains open at depth between the historic mines where drill results included: • 9.8m @ 1.3% Sn from
Slide 8: Stannary Hills Project - Atlanta Trend
Stannary Hills Project 10km long mineralised Atlanta Trend • The Atlanta Trend includes the extremely high-grade Lass O’Gowrie Mine that produced 6,885 tonnes @ 7.6% Sn. • The trend is defined by a concentration of mines along a granite contact, with the greatest density in the south. • Significant
Slide 9: Mt Garnet Project - Boulder Prospect
Mt Garnet Project - Boulder Prospect Potential lower-grade bulk minable mineralisation • The Boulder area comprises multiple historic mines within outcropping granite with both vein-hosted and greisen-style tin mineralisation. • The area shows significant potential for the discovery of high- grade m
Slide 10: Mt Garnet Project - Gilmore Mine Area
Mt Garnet Project - Gilmore Mine Area The largest mine on Koba’s projects • Historic production from the Gilmore Mine: • 26,169 tonnes @ 7.6% Sn. • Mining ceased in 1980. • Limited exploration drilling indicates significant mineralisation remains. Significant drill results included; • 1.0m @ 5.2% Sn
Slide 11: High-Grade Tungsten Potential
High-Grade Tungsten Potential Extremely high-grades in rock chip sampling • Significant tungsten results have been returned from rock chip sampling project-wide, including: • 15.3% W; • 9.2% W; and • 7.9% W. • No drilling has deliberately been undertaken to target tungsten mineralisation. • Signific
Slide 12: Forward Work Program
Forward Work Program Steady news flow • Geological mapping and rock chip sampling in Q4 2025 to aid in ranking of the highest priority targets in preparation for drilling; • Obtaining approvals for initial drilling; • Drilling of the highest priority targets in early 2026, following the wet season;
Slide 13: Global Tin Market
Global Tin Market Rising demand, fragile supply, and forecast deficit • Tin price has doubled over the last 3 years. • Tin price’s steady rise attributable to: • Supply-side disruptions in three of the world’s top five producing countries: Myanmar, Indonesia and the DRC. • Increasing demand as tin b
Slide 14: Koba's Flagship Yarramba Uranium Project
Koba’s Flagship Yarramba Uranium Project Located in a World-Class Uranium District Two operating in-situ recovery uranium mines nearby. • The Yarramba Project is located: • 120km southeast of the Beverley Uranium Operation: • 165Mlbs @ 2,766ppm U3O8 of resources.1 • Production of >40Mlbs of U3O8. •
Slide 15: Yarramba Palaeochannel
Yarramba Palaeochannel Globally significant uranium resources 50Mlbs of uranium resources in a 35km stretch of the Yarramba Palaeochannel. • Honeymoon Mine (Boss Energy) • 36Mlbs @ 660ppm U3O8 • 17km south of Koba’s Yarramba Project • Commercial production declared 1 January 2025 • Jason Deposit (Bo
Slide 16: Yarramba Uranium Project
Yarramba Uranium Project Over 250km of highly-endowed palaeochannels Strong potential for a significant uranium discovery. • Koba’s has over 5,000km2 of highly-prospective tenure which includes: • Over 250km of uranium-bearing palaeochannels. • Of which ~150km is the north and south extensions of th
Slide 17: Koba Made Three High-Grade Discoveries
Koba Made Three High-Grade Discoveries During maiden drilling program in 2024 - 2025 Discoveries at the Everest, Berber and Chivas Prospects. • Completed 123 holes for 12,800m during maiden drill program in 2024 - 2025. • Berber has high-grade mineralisation delineated over 700m of strike with a bes
Slide 18: Oban Uranium Deposit
Oban Uranium Deposit Koba’s Initial drilling confirmed shallow, high-grade mineralisation Potential to expand the resource base through step out drilling and discovery. • Significant results from Koba’s maiden drill program in 2024- 2025 include: • 3.9m @ 805ppm eU3O8 from 87.0m; including • 1.3m @
Slide 19: Oban Uranium Deposit - Significant results from previous drilling
Oban Uranium Deposit Significant results from previous drilling Consistent and contiguous high- grade mineralisation. • Contiguous drill results from a single section include: • 2.12m @ 2,236ppm eU3O8; • 2.65m @ 1,174ppm eU3O8; 2.12m @ 2,236ppm eU3O8 • 2.20m @ 1,502ppm eU3O8; and • 1.80m @ 1,306ppm
Slide 20: Berber Prospect
Berber Prospect High-grade results – room for expansion Sparsely drilled 1,500m corridor between Berber and the Oban Deposit. • Berber was first identified in the 1990s when ten holes were drilled. • Koba discovered thicker and higher-grade mineralisation >350m further east, with significant results
Slide 21: Chivas Prospect
Chivas Prospect High-grade mineralisation remains open to the east Discovered with step out drilling 700m east of the Oban Deposit. • Significant uranium mineralisation identified in the initial step out drilling at the Chivas Prospect, 700m east of the Oban Deposit including: • 1.0m @ 629ppm eU3O8
Slide 22: Successful 1,800m Drill Program
Successful 1,800m Drill Program Discovery of the high-grade Delord Prospect • High-grade mineralisation was discovered during September 2025 in the 1.5km sparsely drilled corridor between Oban and Berber, including: • 1.1m @ 693ppm eU3O8; including • 0.53m @ 1,045ppm eU3O8. • Drilling also revealed
Slide 23: Everest and Mt John Prospects
Everest and Mt John Prospects Northern continuation of the Yarramba Palaeochannel Numerous high priority targets identified within an initial 15km stretch of under-explored Yarramba Palaeochannel. • Located in the southern part of the Yarramba Project. Everest • 10.7Mlb Jason Uranium Deposit 4km to
Slide 24: Everest Prospect
Everest Prospect A significant discovery in 2025. Multiple high-grade drill intercepts >1,000ppm eU3O8 over 4km of strike. • Initial discovery made when 22 broad spaced holes were drilled in February 2025. • High-grade results returned from initial broad-spaced drilling include: • 1.0m @ 558ppm eU3O
Slide 25: Everest Prospect - Consistent mineralisation across multiple horizons
Everest Prospect A significant discovery in 2025. Consistent mineralisation across multiple horizons. • Currently, drill lines are spaced 400m – 1,200m apart. • Opportunity to delineate thicker and higher-grade mineralisation with infill drilling. • Mineralisation also remains open along strike and
Slide 26: Significant Regional Potential
Significant Regional Potential 250km of palaeochannels to explore across 5,000km2 Numerous prospects to follow-up. • Previously identified prospects with limited and only broad-spaced drilling that have returned significant intercepts include: • Yarramba North – 2.0m @ 530ppm eU3O8. • Bingelly – 1.0
Slide 27: Experienced Board
Experienced Board Extensive uranium experience Mike Haynes Ben Vallerine Scott Funston Ian Cunningham Non-Executive Chairman Managing Director Non-Executive Director Company Secretary • 30 years’ experience in international • Founder and Managing Director of Koba • Proven executive level experience
Slide 28: 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 29: Contact
Contact The Oban Deposit Area Ben Vallerine Managing Director Ground Floor 215 Hay Street 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.com.a
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