Koba Resources Limited · ASX:KOB
Koba Resources — RIU Uranium Investment Day 2024
21 slides from Koba Resources's conference presentation, Nov 19, 2024
Slide 1: High-quality uranium projects in world-class districts
ASX:KOB | kobaresources.com High-quality uranium projects in world-class districts RIU Uranium Investment Day, Perth, WA 19 November 2024 Ben Vallerine Managing Director
Slide 2: 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 • 5,000km2 and 250km of palaeochannels to explore. • Extremely high-grade hard rock uranium project. • Includes the Oban Uranium Deposit where there is a JOR
Slide 3: Capital structure
Capital structure Share price Market capitalisation Share price performance $0.075 $11.9m Year to 15 November 2024 $0.20 52 week high $0.195, low $0.062 At $0.075 Acquisition of Yarramba Shares on issue Cash 158.6m $3.5m* $0.15 *As at 30 September 2024. $0.10 Performance rights Options (A$0.14 - $0.
Slide 4: Flagship Yarramba Uranium Project is in a world-class uranium district
Flagship Yarramba Uranium Project is in a world-class uranium district Two operating in-situ recovery uranium mines nearby. • The Yarramba Project is located: • 17km north of the Honeymoon Uranium Operation. • 71.6Mlbs @ 620ppm U3O8 of resources.1 • Recently commenced mining, producing their first d
Slide 5: Oban Uranium Deposit, Yarramba Project
Oban Uranium Deposit, Yarramba Project Significant potential to define a high-grade resource • Historic drilling at Oban returned thick, high-grade intersections including: • 7.5m @ 831ppm eU3O8; • 2.1m @ 2,236ppm eU3O8; • 4.5m @ 964ppm eU3O8; and • 3.9m @ 1,104ppm eU3O8. • Opportunities to discover
Slide 6: The Oban Uranium Deposit
The Oban Uranium Deposit 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 eU3O8. 1.80m @ 1,306ppm eU3O8 • Underst
Slide 7: Koba's Initial Drill Results Confirm Shallow, High-Grade Mineralisation at the Oban Deposit
Koba’s Initial Drill Results Confirm Shallow, High-Grade Mineralisation at the Oban Deposit Drill program is ongoing • Koba has completed its first 53 drill holes (5,400m) at and around the Oban Deposit. Drilling has returned significant high-grade results including: • 3.9m @ 805ppm eU3O8 from 87.0m
Slide 8: Two New Mineralised Areas Identified: The Chivas Prospect
Two New Mineralised Areas Identified Following Initial Step-Out Drilling 1. The Chivas Prospect – 700m east of the Oban Deposit. • Significant uranium mineralisation identified in the first two holes drilled at the Chivas Prospect, 700m east of the Oban Deposit including: • 0.9m @ 464ppm eU3O8; and
Slide 9: Two New Mineralised Areas Identified: The Berber Prospect
Two New Mineralised Areas Identified Following Initial Step-Out Drilling 2. The Berber Prospect – 1,500m south of the Oban Deposit. • Berber was discovered in the 1990s when ten drill holes were completed. Significant historic results include: • 1.0m @ 860ppm eU3O8 from 83.3m; and • 0.5m @ 1,200ppm
Slide 10: High-Priority Mt John Prospect within the Yarramba Palaeochannel
High-Priority Mt John Prospect within the well endowed Yarramba Palaeochannel Immediately along strike from over 50Mlbs of uranium resources at the Honeymoon, Jason and Saffron Deposits. • Previous broadly-spaced drilling intersected highly anomalous uranium. Drilling results included: • 2.85m @ 323
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 and only broad-spaced drilling that have returned significant intercepts include: • Yarramba North – 2.0m @ 530ppm eU3O8. • Bingelly – 1.0m @ 225ppm eU3O8. • Ya
Slide 12: Yarramba East an additional 25km of untested 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 known high-grade mineralisation at the Jason Deposit – 10.7Mlbs @ 790ppm U3O8. • The Yarramba East palaeo
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 secured 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 En
Slide 14: 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 sampling and prospecting program at the Harrier Project, collecting 242 rock chip samples. • The initial program confirmed the presence of widespread, very high-grade mineralisa
Slide 15: 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 16: Project timeline
Project timeline 2024 - 2025 Yarramba Project November December January February March April May June July Seismic Survey Target Generation Drilling Drill Results Harrier Project November December January February March April May June July Project Planning Field Program Assay results 16
Slide 17: 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 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 15 November 2024 Source: tradingeconomics.com • Nuclear energy is a carbon-free, baseload power source; a critical part of the clean energy movem
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 t
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, 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.com.au