Tribeca Resources Corporation · TSXV:TRBC
Tribeca Resources — Investor Presentation (June 2023)
36 slides from Tribeca Resources's investor presentation, June 2023
Slide 1: Advancing the latest IOCG discovery in Chile
Advancing the latest IOCG discovery in Chile CORPORATE PRESENTATION JUNE 2023 TSXV: TRBC
Slide 2: Disclaimer
Disclaimer This document has been prepared by Tribeca Resources Corporation. (the “Company”) to introduce the Company’s mineral exploration projects. Because it is a high-level summary presentation, the information contained herein cannot contain all the information that should be reviewed before ma
Slide 3: The need for copper
The need for copper
Slide 4: Copper is essential for the modern world
THE NEED FOR COPPER Copper is essential for the modern world An average advanced-country human consumes 10-15 kg of copper per year1 Household Consumer Construction: Electrical Transportation: electronics: electronics: infrastructure: A/C, refrigerator, smartphones residential and power grid, cars,
Slide 5: Copper plays pivotal role in green energy transition
THE NEED FOR COPPER Copper plays pivotal role in green energy transition Near doubling of annual consumption expected by 2040 “ Demand for copper — already on a rising trend — is arguably set to explode as the energy transition takes hold. − Wood Mackenzie, Julian Kettle Sr. V.P. Metals and Mining A
Slide 6: Introduction to Tribeca Resources
Introduction to Tribeca Resources
Slide 7: We are a copper exploration company focused on discovering and developing assets in the Chilean Coastal IOCG Belt
INTRO TO TRIBECA Experienced Science- team with driven leading IOCG We are a copper exploration expertise company focused on discovering and developing assets in the Prolific Chilean Recent and Chilean Coastal IOCG belt growing Coastal IOCG discovery Belt People and Building planet portfolio via con
Slide 8: Management Team
INTRO TO TRIBECA Management Team Exceptional track-record in Latin American copper, exploration, finance and M&A Team Member Background Notable Experience Dr. Paul Gow Geologist Former Glencore GM Projects/Exploration CEO, Director 25+ years experience Geologist with extensive experience in mineral
Slide 9: Experienced Board
INTRO TO TRIBECA Experienced Board Diverse capabilities, with deep mining, investing and company-building experience Team Member Background Notable Experience Lisa Riley Equity Research Advisor and former Equity Research at RBC, TD, Lehman and Santander Director, 25+ years experience Independent con
Slide 10: Recent accomplishments and next steps
INTRO TO TRIBECA Recent accomplishments and next steps Key accomplishments 2017 - 2022 Completed 4 property acquisitions in the “La Higuera” mining district in Chile (privately funded) Feb ‘22 Completed a C$2.6 million private placement financing Nov ‘22 Listed on TSX-V via reverse take-over transac
Slide 11: Capital structure and ownership
INTRO TO TRIBECA Capital structure and ownership Listed on TSX-V, trading under “TRBC” ticker Corporate Information Shareholder breakdown (non-diluted) Share Price (31-May-2023) C$0.32 Shares Outstanding (# shares) 52.14M Warrants (# warrants) 1.25M Options (# options) 1.46M Fully Diluted (# shares)
Slide 12: Our approach
Our approach
Slide 13: New approaches are unlocking IOCG opportunities
APPROACH New approaches are unlocking IOCG opportunities Why hunt for new IOCG deposits? Low exploration maturity New concepts/ technologies Variety of deposit types with can be applied by-product credits Major Global IOCG Belts Giant Deposits Resource* Company 1. Gawler Craton (Australia) Olympic D
Slide 14: Chilean Coastal IOCG Belt is ripe for discovery
APPROACH Chilean Coastal IOCG Belt is ripe for discovery Key regional advantages 1) infrastructure-rich 2) low altitude 3) access to sea water 4) under-explored with historic focus on outcropping areas 7 major Chilean Coastal IOCG Belt deposits (within the ~1,000 km N-S area Tribeca is focussed on)
Slide 15: Our strategy: science-led, portfolio driven exploration
APPROACH Our strategy: science-led, portfolio driven exploration Differentiated from the all-or-nothing, single asset, high G&A junior template Seeking superior risk-adjusted returns by bringing a science-led approach to exploration & discovery in the Chilean Coastal IOCG belt Portfolio Approach Dis
Slide 16: La Higuera IOCG Project
La Higuera IOCG Project
Slide 17: La Higuera IOCG Project: Overview
PROJECT La Higuera IOCG Project: Overview Gaby IOCG System La Higuera NW Extension New discovery, 1km strike length drilled Geophysical targets on extensions to historic high • Located 500km north of Santiago grade mining operation Best intersection: - 268m @ 0.66% Cu, 0.14 g/t Au, • Two drilled IOC
Slide 18: La Higuera IOCG project: Exploration programs
PROJECT La Higuera IOCG project: Exploration programs Drill testing of two targets under cover completed: Gaby and Chirsposo Phase 1: Completed ✓ Geophysics (gravity, ground magnetics) GABY ✓ 2,750m RC and diamond Phase 1 drilling 2. Drilled geophysical anomalies and increasing grade under thin grav
Slide 19: Gaby IOCG discovery
PROJECT Gaby IOCG discovery Step out from historical intersections to drill under cover RCH-LH-07 - 285m @ 0.40% copper, 0.08 g/t gold incl. 56m at 0.60% copper, 0.12 g/t gold (historic intersection) GBY001 - 268m at 0.66% copper, 0.14 g/t gold incl. 90m at 1.02% copper and 0.23 g/t gold GBY006 - 18
Slide 20: Gaby target - 2023 drill results
PROJECT Gaby target - 2023 drill results Drill holes GBY001-GBY003 GBY001 intersection: 268m at 0.66% copper and 0.14 g/t gold incl. 90m at 1.02% copper and 0.23 g/t gold A C B D 20
Slide 21: Gaby target - 2023 drill results
PROJECT Gaby target - 2023 drill results GBY004-GBY005 GBY004 94m at 0.34% copper, 0.07 g/t gold from 38m at base of gravel cover GBY005 90m @ 0.20% Cu, 0.04 g/t gold from 244m including 20m @ 0.42% copper, 0.09 g/t gold from 270m within a 200m downhole interval of copper sulphide mineralization. 21
Slide 22: Drill Summary
PROJECT Drill Summary Gaby IOCG discovery Mineralized system drilled over 1 kilometre • Phase 1 drill program increased length of system from 400m to 1km • Importantly provided higher grade intersections (GBY001: 268m @ 0.66% Cu, incl. 90m @ 1.02% Cu) • Demonstrated that the system maintains an inte
Slide 23: Chirsposo target - 2023 drill results
PROJECT Chirsposo target - 2023 drill results CHS001 and CHS002 CHS002 167m at 0.21% copper, including 12m @ 0.91% Cu, 0.24 g/t Au from 56m Chirsposo represents a near surface copper-gold IOCG system with numerous shallow, thick, copper intersections CHS002: 154-159m: 0.65% Cu, 0.25 g/t Au 23
Slide 24: La Higuera Project Targets
PROJECT La Higuera Project Targets Gaby Five targets in total (two drill-tested to date) Gaby (19 holes for 6,310 metres drilled): Benja • Mineralized system clearly open to the north and with depth, additional geophysical targets Benja (undrilled): – Magnetic complex with coincident variable intens
Slide 25: A foothold in an emerging IOCG district
PROJECT A foothold in an emerging IOCG district The Chilean IOCG Belt hosts several districts with multiple deposits Candelaria - Punta del Cobre Dominga Norte district: 13Mt1 Cu resources Dominga Norte: 7Mt at 1.5% Cu, Las Posadas 0.3 g/t Au, 36% Fe** Posadas: 43.7Mt at 0.55% CuT* Mantos de Cob
Slide 26: Investment case
Investment case paul.gow@tribecaresources.com www.tribecaresources.com thomas.schmidt@tribecaresources.com 26
Slide 27: Peer comparison: significant re-rating potential
INVESTMENT CASE Peer comparison: significant re-rating potential Selected peers with copper and/or IOCG projects in South America Mkt Cap. Company Main Project Country Project stage Deposit Type Metals Exchange (US$ MM)* Filo Filo del Sol PFS Porphyry Cu-Au-Ag TSX 1,913 Far West Santo Domingo PEA +
Slide 28: Delivering next generation of IOCG mines in Chile
INVESTMENT CASE Delivering next generation of IOCG mines in Chile Copper dominant with gold and possible cobalt credits Tribeca Investment proposition Copper is Differentiated Upside critical strategy potential The world needs more Science-led team Large and growing copper mineralized system at La H
Slide 29: Appendices
Appendices www.tribecaresources.co paul.gow@tribecaresources.com m thomas.schmidt@tribecaresources.com
Slide 30: La Higuera IOGC Project
APPENDICES La Higuera IOGC Project Mining concessions & underlying ownership (100% purchase (100% direct option)1 ownership) (100% direct ownership) (100% direct ownership) 1 US$2million one-time payment due in March 2024. 5% Exploration Levy due on exploration work carried out during option period.
Slide 31: The broader La Higuera district
APPENDICES The broader La Higuera district Current and proposed infrastructure 31
Slide 32: Early-stage targets at Caballo Blanco
APPENDICES Early-stage targets at Caballo Blanco EARLY STAGE Additional TARGETS: based on geophysical targets geophysical data Chirsposo Location of Zone historical geophysical datasets shown DON BAUCHA: Intense magnetic and LEGEND Magnetic chargeability target – Susceptibility (SI) 1 hole to date D
Slide 33: Historical work summary
APPENDICES Historical work summary 6,800 meters of drilling and met test work suggesting Cu recoveries of 85-90% Drilling Gaby metallurgical test-work Gaby: 4,058m drilled in 12 holes targeting IP & ground • 2006 metallurgical test work (G&T Metallurgical magnetic anomalous zones Services Ltd) on tw
Slide 34: Drill results obtained at La Higuera IOCG Project
APPENDICES Drill results obtained at La Higuera IOCG Project Recent and historical drill intersections reported Downhole Cu Au Co CuEq HoleID From (m) To (m) Interval (m) (%) (g/t) (ppm) (%)* Gaby GBY001 52 320 268 0.66 0.14 330 0.74 GBY002 146 160 14 0.42 0.09 43 0.43 GBY003 158 172 14 0.29 0.07 10
Slide 35: Photo Gallery
APPENDICES Photo Gallery VaINCREASING IN SIZE WITH DRILLIN |PHASE 1 DRILL [PROGRAM . ON PROPERTY
Slide 36: TSXV: TRBC
TSXV: TRBC www.tribecaresources.com | admin@tribecaresources.com
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