World Copper Ltd · TSXV:WCU
World Copper — Investor Presentation (January 2025)
25 slides from World Copper's investor presentation, January 2025
Slide 1: Building America's Copper Company
TSXV: W CU | O TC : W CUFF | FRA: 7LY0 Building America’s Copper Company Corporate Presentation JANUARY 2025 T S XV : W C U \ O T C : W C U F F \ F R A : 7 L Y 0
Slide 2: Forward Looking and Cautionary Statements
FORWARD LOOKING AND Cautionary Statements This presentation contains forward-looking statements and forward-looking information (collectively, “forward-looking statements”) within the meaning of applicable Canadian and US securities legislation. All statements, other than statements of historical fa
Slide 3: Historic Copper Pricing & Forecast
MACRO MARKET VIEW Historic Copper Pricing & Forecast The State of the Copper Market $5.00 APR 15, 2024 $4.38 $4.55 $4.43 Market Balance (Supply Demand Gap) $4.50 $4.27 $4.13 0 Copper Price US $/lb Cu $4.03 $4.00 Millions of metric tons -2 $3.50 -4 $3.00 -6 $2.50 ACTUALS (2020-2024) CONSENSUS (APR 20
Slide 4: Size Matters: David vs Goliath
MACRO MARKET VIEW Size Matters: David vs Goliath The Solution: The Big Issues: The market is turning to • 85% of global refined copper production environmentally-sound oxide comes from sulphide concentration and deposits, which are less expensive, smelting – expensive, slow to develop easier to buil
Slide 5: Copper Made in America
ARIZONA: A PRIME MINING JURISDICTION Copper Made in America • Ranks 7th Global ARIZONA Canyon Uranium Mining – Fraser Institute Flagstaff Moss Gold • 71% of US copper Bagdad ZONIA supply is produced in Arizona Kay Mine Pinto Phoenix Valley Carlota • USA has Copper Resolution Miami Morenci on its Cri
Slide 6: The Zonia Solution
A UNIQUE COPPER OXIDE OPPORTUNITY The Zonia Solution Existing Infrastructure Excellent Location • Private land and Past Producer (faster • Located in Yavapai County, central permits) Arizona, 100 miles NW of Phoenix, 1 • Power and water on site hour south of Prescott Power lines on site • Pre-stripp
Slide 7: 2024 Copper Oxide Resource Estimate
NI 43-101 2024 Copper Oxide Resource Estimate ▸ Indicated Resources of 112.2 M short tons at 0.297% Cu containing 668 M lbs of copper (0.18% Cu cut-off). ▸ Inferred Resources of 62.9 M short tons at 0.255% Cu containing 320 M lbs of copper (0.18% Cu cut-off). ASSUMPTIONS: Classification Short Tons G
Slide 8: 2024 Updated Resource Estimate
NI 43-101 2024 Updated Resource Estimate ▸ Indicated Resources increased to 112.2 Mt and LOOKING NORTH copper content in this category increased by ZONIA BLOCK MODEL 50% to 668 M lbs Cu compared to the previous Blocks >0.18% CuT estimate. ▸ Potential for a significant increase in LOM and throughput
Slide 9: Zonia Cross Section
NI 43-101 Zonia Cross Section NW High-grade blocks at surface SE Surface ideal for initial production $4.00 Cu Optimized Pit Shell base of oxide base of mixed Scale (feet) BLOCK CU GRADE % T S XV : W C U \ O T C : W C U F F \ F R A : 7 L Y 0 9
Slide 10: Zonia Land Position
PRIVATE LAND & CLAIMS ON BLM LAND Zonia Land Position PHASE 1 BLM LAND ▸ Located solely on private land owned by Zonia. ▸ Approx. 10+ years of production in Phase 1. ▸ Faster to permit (state permits only). PHASE 2 PR I VA T E LAND ▸ Located on BLM land (unpatented claims). ▸ Permitting concurrent w
Slide 11: Zonia Technical Team
WORLD COPPER Zonia Technical Team DEREK WHITE | Lead Technical Advisor JOE PHILIPS | Senior Advisor 35+ years of experience in senior management and building mines. 35+ years of experience, built 14 mining projects in 11 countries. Including Projects include the KGHM Sierra Gorda, Franke, Carlota an
Slide 12: The Zonia Two-Phased Approach
DEVELOPMENT PLAN The Zonia Two-Phased Approach Phase 1: DE-RISKING PROJECT Resource Update Permits Permitting BFS Engineering DEVEL OPMENT & Leach Pad Test Received ON PRIVATE LAND 2023 2024 2025 Q1/2 2025 Q3/4 2026 2027 Phase 2: GROWTH Start of BLM EXPLORATION Drilling Zonia N New MRE Met Testing P
Slide 13: Simple Mining and Processing (SX-EW)
ZONIA’S GREENER PROCESS Simple Mining and Processing (SX-EW) ▸ Conventional open pit mining ▸ Standard heap leaching and SX-EW processing (no ISL*) ▸ Low acid consumption (~25 lbs/t) ▸ 73% Cu total recoveries ▸ No smelting – a cleaner process with lower emissions ▸ No tailings – smaller environmenta
Slide 14: Zonia Production Profile / Economics
2018 HISTORICAL PEA PARAMETERS* Zonia Production Profile / Economics Total Tons Leached 93 M Preliminary Economic Assessment – March 2018 Head Grade 0.30% Cu Base case $2.00/lb Cu designed pit shell; $3.00/lb Cu price Mine Life 8.6 years Payback Period 2.9 years ▸ After-tax NPV (8%) of US$192 M, 29%
Slide 15: Zonia: Extensive Metallurgical Testing
DEVELOPMENT PLAN Zonia: Extensive Metallurgical Testing ▸ Extensive metallurgical test-work with Column Leach Results (Redstone, 2011) average recovery of 73%. ▸ Low acid consumption of 25 lbs/ton. ▸ Multiple metallurgical tests conducted on the property in 1995, 2008 and 2011. ▸ Master composite sa
Slide 16: Zonia's Expansion
GROWTH POTENTIAL Zonia’s Expansion New Porphyry Target ▸ Zonia North: large geochemical anomaly identified northeast of Zonia open pit, along strike. ▸ Elevated Mo, Cu & Au, with depressed Mn and Zn: “textbook” porphyry Cu footprint. ▸ This untested drill target measures 1.5 km x 2 km (~1 x 1.5 mile
Slide 17: Addressing the Need for Carbon Neutrality in Mining
A NET ZERO VISION Addressing the Need for Carbon Neutrality in Mining ▸ Zonia’s aspiration is to become carbon neutral operations and to reduce all operational emissions to meet and exceed the highest industry standards. ▸ Project location, production process, existing infrastructure and size puts Z
Slide 18: Zonia's Outstanding Profile
COMPARISON WITH ARIZONA PEERS Zonia’s Outstanding Profile COPPER COPPER ZONIA CACTUS SANTA CRUZ WORLD CREEK World Copper Arizona Sonoran HudBay Faraday Copper Ivanhoe Electric CAPEX 233M No 1.74 B 2.2 B 2.66 B 2.1 B (initial + sustaining) flotation, TSF & = $100 M pre- stripping. CAPITAL $8,896 $10,
Slide 19: Zonia's Key Advantages
IN THE HEART OF US COPPER COUNTRY Zonia’s Key Advantages • Accessible by road INFRASTRUCTURE • Powerline and water on the property • Railroad access 10 miles away • First ~10+ years of production on private patented land (only state permits) PERMITTING • Brownfield site, pre-stripped • Mining-friend
Slide 20: Escalones: Largest Copper Oxide Deposit in Development in Chile
HIGHLIGHTS Escalones: Largest Copper Oxide Deposit in Development in Chile ▸ 3.4B lbs of Cu in inferred resources. ▸ PEA annual production 50 kt of copper in cathodes over 20 years. ▸ Post-Tax $1.5B NPV (8.0%) and 46.2% IRR at $3.60/ lb Cu. ▸ High exploration potential: multiple new porphyry targets
Slide 21: Escalones: 426 Mt of Copper Oxide in Inferred Resources
AN OUTSTANDING SX-EW OPPORTUNITY Escalones: 426 Mt of Copper Oxide in Inferred Resources ▸ Total land Package: 4,202 hectares, with an option to N acquire 100% ownership. ▸ Potential to discover new copper-gold porphyries 28,000m Resource Estimate Statement drilled in Hard Rock Consulting LLC. Augus
Slide 22: Management
WORLD COPPER Management GORDON NEAL | President & CEO JOHN DROBE | Head Geologist • Mr. Neal has extensive experience in the metals and mining sector, as • Mr. Drobe is a geologist with over 30 years’ experience specializing in well as in capital market, corporate governance, corporate finance and p
Slide 23: Board of Directors
WORLD COPPER Board of Directors HENK VAN ALPHEN | Chairman JONATHAN LOTZ | Director Mr. van Alphen founded Wealth Minerals in 2005. With more than 30 Mr. Lotz is a member of the Bars of British Columbia & New York and is a years of experience in the mining industry, he has been a key player in found
Slide 24: Share Structure
WORLD COPPER Share Structure 26.0% Insiders & Management Outstanding Warrants 62,575,736 87,713,195 shares 43.4% Shares Outstanding: Public Float Outstanding Broker Warrants 201,892,567 61,665,177 shares 802,397 Restricted Shares Outstanding Options 17,320,000 52,514,195 shares 30.5% T S XV : W C U
Slide 25: Contact us
TSXV: WCU | OTC: WCU FF | FRA: 7LY0 Contact us: Michael Pound, Corporate Development Phone: (604) 638-3665 Email: mpound@worldcopperltd.com Visit us online: www.worldcopperltd.com Follow us: WorldCopperLtd T S XV : W C U \ O T C : W C U F F \ F R A : 7 L Y 0 25