Kincora Copper Limited · TSXV:KCC
Kincora Copper — Investor Presentation (June 2021)
31 slides from Kincora Copper's investor presentation, June 2021
Slide 1: Kincora Copper
KINCORA COPPER World-class copper gold projects in ASX & TSXV: KCC Australia’s foremost porphyry region June 2021
Slide 2: Cautionary Statement
Cautionary Statement The views expressed in this presentation are based on information derived from Kincora Copper Limited’s (“Kincora”) own internal and publicly available sources that have not be independently verified. This presentation contains certain forward-looking information and statements
Slide 3: Why Kincora?
Why Kincora? Team, Location, Targets and well Funded Ambition to become the leading pure play porphyry explorer in Australia’s foremost porphyry belt Industry leading technical Foremost gold rich porphyry team belt pure play Unique knowledge of the Lachlan Fold Belt (“LFB”) World-class belt, world-c
Slide 4: Capital structure and shareholder register
Capital structure and shareholder register Recent dual listing on the ASX (Mar’21) -- Ticker “KCC” on TSXV & ASX Australian based assets, management/board and now capital market support/liquidity Transferred to ASX CDIs since listing3 A$33.2m (listed March 30th, 2021) 120.7m Other TSXV Market Cap1 I
Slide 5: Foundations for success ...
Foundations for success ... 4Q’19 Mar’20 Dec’20 Mar’21 May’21 Enter NSW & Lachlan Fold Belt Close RareX transaction NSW Term sheet to realised ASX dual listing Sultan Resources drill testing Kincora’s (“LFB”): Nyngan & Nevertire value for Mongolia portfolio Cundumbul project • 1144km2 (two licenses)
Slide 6: … support value catalysts for re-rating
… support value catalysts for re-rating Now Project Apr’20 Apr’21 >17,000m drilling in the Trundle 22 holes (assay results reported for 16) 12 months post Nyngan 2 holes ASX listing Fairholme 39 holes for 6,000 metres (diamond then aircore drilling) + Phase 1: Sultan Resources drilling Cundumbul 3 h
Slide 7: Technical Team
Technical Team Multiple world-class copper and gold discoveries, and mine developments Exploration: Led by John Holliday, a foremost expert on LFB porphyries who originated and managed the Cameron McRae exploration phases resulting Chairman in the discovery of Cadia and also the Marsden porphyry dis
Slide 8: Industry leading exploration, mining and financing team
Industry leading exploration, mining and financing team Board Cameron McRae Exploration track record Independent Chairman Discovery Team Discoveries include: Remuneration Committee Based in NSW • Cadia Au/Cu (Tier 1) • Seasoned director, CEO and mining executive, incl. 28-yrs Rio • Marsden Cu/Au Tin
Slide 9: Location
Location KINCORA COPPER World-class belt with world-class mines — looking for the next one … Cadia is the largest alkalic porphyry system in the world with multiple deposits Underground resources projected to surface. Deposit outlines: • Aqua = porphyry • Purple = skarn 9
Slide 10: NSW Lachlan Fold Belt is the place to be for copper and gold
KINCORA COPPER “ As an economic geologist … NSW, Lachlan Fold Belt (“LFB”), for copper and gold, is the place to be “ - Richard Schodde, MinEx Consulting All gold-rich copper deposits in the World, highlighting those found in the last decade … and the 5 Gold-Rich Copper Deposits (ie where Au account
Slide 11: World-class porphyry systems
World-class porphyry systems LACHLAN FOLD BELT (“LFB”) REGION JUNEE-NARROMINE MACQUARIE VOLCANIC BELT Multiple world-class mines with multiple deposits ARC MOLONG Kincora’s priority drilling projects: VOLCANIC BELT • Sit in favorable locations of the key porphyry belts of the Macquarie Arc • Are adv
Slide 12: Porphyry systems sit on the Macquarie Arc
Porphyry systems sit on the Macquarie Arc Gravity low = major Magnetic high = fertile intrusive complex intrusive complex Airborne public Airborne public access access gravity magnetic (RTP) 12 12
Slide 13: Players, projects and activity
Players, projects and activity
Slide 14: Geological model, deposits and mines
Geological model, deposits and mines Trundle Project hallmarks of Cadia & Northparkes • Brownfield setting to Northparkes • Target: demonstrated skarn and finger porphyry mineralization at multiple prospects Nyngan Project Fairholme Project hallmarks of Boda hallmarks of Cowal • Co-operative funding
Slide 15: Targets
Targets Advanced targets offering world-class copper gold potential Northparkes is the 2nd largest porphyry copper mine in Australia and the Trundle project sits within the same mineral system - Northparkes underground resources projected to surface. Outline of deposits in blue 15 15
Slide 16: The Trundle Project - a Northparkes repeat?
The Trundle Project - a Northparkes repeat? Trundle is the only brownfield porphyry project held by a listed junior in the LFB Conceptual restoration of the Trundle and Northparkes projects (Northparkes endowment 5.5Moz Au and 4.5Mt Cu1) Now At mineral deposition Background magnetics (TMI RTP) from
Slide 17: World-class mines with multiple deposits
World-class mines with multiple deposits • Core of the systems not evident in the top 50 metres Cadia Northparkes • Cadia undergoing mine expansion and comprised of 5 main Newcrest CMOC & Sumitomo deposits • Australia’s largest and most profitable gold mine2 CY’2020 Production 822koz Au 1 FY’2020F P
Slide 18: Kincora's portfolio in a prolific mining district
Kincora’s portfolio is situated in a prolific mining, infrastructure & agricultural district Trundle township, rail-siding & pub are located within the Trundle exploration license 18
Slide 19: Trundle Drilling - two advanced priority targets
Trundle Drilling - two advanced priority targets (so far) Mineralization at 2 targets across ~8.5km N-S strike; both with significant further strike potential Geology Geophysics Mordialloc target 0.5km • Broad anomalous surface and down-hole mineralization and favourable alteration; typical hallmark
Slide 20: Trundle Park Target - our initial concept
Trundle Park Target - our initial concept Both skarn and “pencil or finger” porphyry style systems are targets at Trundle Park Cadia Trundle Park Newcrest Kincora Skarn target Cadia Far East Pencil or finger porphyry Little Cadia Near surface skarn zones TRDD001 Open 2 Near surface “Finger skarn por
Slide 21: Trundle Park Target - potential ore grade at/near surface
Trundle Park Target - potential ore grade at/near surface Significant intervals in the skarn with vectors to the targeted intrusive porphyry source TRDD007 • 8m @ 1.4 g/t AuEq1 from 158m TRDD007, TRDD016 & TRDD018 – Support northern strike and skarn mineralisation potential TRDD008 - Broadest grade
Slide 22: Encouragement to grade and scale potential
Encouragement to grade and scale potential Multiple and broad skarn horizons with grade at/near surface growing at central Trundle Park over 500m+ strike Encouragement for skarn grade and causative intrusion (porphyry source) 22
Slide 23: Nyngan drilling
Nyngan drilling Kincora’s first drilling of our Northern Junee-Narromine belt portfolio Region potentially covers the largest intrusive centre of the Macquarie Arc • Early mover: 1761km2 landholding with Nyngan, Nevertire & Mulla licenses/projects • Portfolio covers the interpreted most prospective
Slide 24: Big Hill drilling
Big Hill drilling t Sultan Resources is currently drill testing the Big Hill target which is common to Kincora’ Cundumbul project The Big Hill target has been described by Sultan as “the standout, undrilled porphyry gold copper target in the central Lachlan Fold Belt” 1 • Sultan Resources Ltd (“Sult
Slide 25: Fairholme drilling
Fairholme drilling Kincora’s Fairholme project has various hallmarks to the neighboring world-class Cowal mine Looking for another Cowal deposit, following in the footsteps of significant growth achieved by Evolution • Prior to Evolution Mining’s ownership, the focus of exploration at Cowal was deep
Slide 26: Investment opportunity
Investment opportunity KINCORA COPPER • Technical team with unique knowledge of the Lachlan Fold Belt (LFB), track record of world-class copper gold discoveries, and project development • Exploration led by John Holliday, a foremost expert on LFB porphyries who originated and managed the exploration
Slide 27: Appendices
Appendices KINCORA COPPER TRDD001 high grade interval of native copper, chalcocite, chalcopyrite and black chlorite in skarn: 4.24g/t gold and 1.6% copper @ 60.6m-61.6m within a broader interval of 51m @ 1.17g/t gold and 0.54% copper from 39m – refer July 6th, 2020 press release – photos of selected
Slide 28: Appendix - Term sheet for Mongolian portfolio
Appendix - Term sheet for Mongolian portfolio Conditional transaction to retain carried upside to Mongolia portfolio “ • Binding term sheet executed with Resilience Mining Mongolia Pty Ltd (“RMM”) for Kincora’s Mongolian asset portfolio retaining significant upside to exploration, project generation
Slide 29: Appendix - Kincora deal with RareX for LFB projects
Appendix - Kincora deal with RareX for LFB projects Key commercial terms (closed March 19, 2020) § Kincora issued 4.98m1 shares subject to 12-month lock-up, resulting in RareX Project Trundle Cundumbul Fairholme Condobolin Jemalong becoming a then 9.9% shareholder (RareX no longer a significant shar
Slide 30: Appendix - Trundle assay results
Appendix - Trundle assay results Easting Northing Core Press Target Hole# Length (m) Dip (°) Azimuth (°) RL (MGA) (MGA) recovery release Trundle Park TRDD001 685 60 262 270 570049 6352082 95.90% 1 Mordialloc TRDD002 790 60 101 271 568443 6360363 98.20% 2 Bayleys TRDD003 721 60 329 274 569230 6360641
Slide 31: Contact
KINCORA COPPER Contact Sam Spring @KincoraCopper President & CEO sam.spring@kincoracopper.com Kincora Copper Limited ASX & TSXV: KCC Melbourne +61431 329 345 www.kincoracopper.com June 2021