Cobre Limited · ASX:CBE
Cobre — Noosa Mining Investor Conference 2022
21 slides from Cobre's conference presentation, Nov 9, 2022
Slide 1: New Copper District Discovered in the Kalahari Copper Belt, Botswana
New Copper District For personal use only Discovered in the Kalahari Copper Belt, Botswana Noosa Mining Investor Conference ASX: CBE 9-11 November 2022 This presentation has been approved by the Board of Cobre Limited ASX: CBE
Slide 2: Disclaimer
Disclaimer Not for release to US wire services or distribution in the United States. This investor presentation has been prepared by Cobre Limited (ACN 626 241 067). For personal use only This presentation is for information purposes only. This presentation is not a prospectus nor an offer for secur
Slide 3: Corporate Snapshot
For personal use only Corporate Snapshot Bornite and chalcocite mineralisation from 3 Noosa Mining Conference | November 2022 NCP11-B
Slide 4: Corporate Snapshot
Corporate Snapshot Capital Structure Shareholder Structure For personal use only Share Price (as at 08/11/22) A$0.17 Metal Tiger PLC 12.7% 2 Shares on issue 203.7M HSBC Custody Nominees (Australia) Limited 10.8% Market Capitalisation A$34.63M Holland International Pty Ltd 5.5% Cash Position1 ~A$6.4M
Slide 5: Board of Directors – Strong Leadership
Board of Directors – Strong Leadership For personal use only Martin C Holland Dr Ross McGowan Michael McNeilly Andrew Sissian Michael Addison Executive Chairman & Managing Non-Executive Director Non-Executive Director Non-Executive Director Non-Executive Director Director Mr Holland is a mining exec
Slide 6: Cu Focused Explorer
Cu Focused Explorer For personal use only High quality exploration and Cobre aims to create shareholder value through exploration, 29 development pipeline to underpin discovery and development of quality copper projects Copper’s future growth in the electric Cu Global Copper vehicle and renewable en
Slide 7: Kalahari Copper Belt
For personal use only Kalahari Copper Belt 7 Noosa Mining Conference | November 2022
Slide 8: Kalahari Copper Belt in Botswana
Kalahari Copper Belt in Botswana • On 22 November 2022, Cobre will move towards 100% For personal use only ownership of Kalahari Metals Limited (KML) which holds an extensive land package of highly-prospective copper and silver exploration tenements in the Kalahari Copper Belt (KCB).1 • The KCB is r
Slide 9: Strategic Copper Location
Strategic Copper Location • KML holds the second largest tenement For personal use only package in the KCB in proximity to, and along strike from, known deposits in the Kalahari Copper Belt, Botswana. • Tenure consists of four large Project Areas: Ngami Copper Project (727 km2), Kitlanya East (1,359
Slide 10: Significant Regional Prospectivity
Significant Regional Prospectivity For personal use only Okavango Copper Project: • Four sizeable projects each with a drill proven Target strike extension from exploration strategy. Khoemacau’s Expansion Project • 55 ranked targets covering over 700km of prospective strike. • Combination of limb, f
Slide 11: Ngami Copper and Kitlanya West Projects
For personal use only Ngami Copper and Kitlanya West Projects 11 Noosa Mining Conference | November 2022
Slide 12: Comet Copper Discovery
Comet Copper Discovery For personal use only Footprint of chalcocite mineralisation extends over >4km – in line with the larger known deposits in the KCB. • Recently completed drillhole NCP20A intersected a significant zone of high-grade copper mineralisation demonstrating the potential for economic
Slide 13: Discovery Hole NCP20A (assays pending)
Discovery Hole NCP20A (assays pending) For personal use only • NCP20A intersected a 45m zone of visible copper mineralisation, consisting primarily of chalcocite with subordinate chrysocolla from 114 to 159m downhole, 250m southwest of NCP08. • Based on visual estimates, supported by pXRF measuremen
Slide 14: KCB Deposit Copper-Silver Grade Distribution
KCB Deposit Copper-Silver Grade Distribution For personal use only Distinct Pb anomalies – updip of High grade high-grade zones? zones controlled High grade zone by plunging associated with parasitic folds parasitic fold Pb anomalies occur updip of high grade zones Source: Hall et al (2018). Regiona
Slide 15: Creating a New Copper District
Creating a New Copper District • The Ngami Copper Project (NCP) and Kitlanya West Project (Kit West) are For personal use only 10x strategically located near the basin margin of the KCB - typically prioritised for sedimentary-hosted copper deposits. • Results from Comet demonstrate the significant c
Slide 16: Creating a New Copper District
Creating a New Copper District • Widescale soil sampling programmes are nearly complete over both Kitlanya For personal use only West and NCP projects: • ~8,500 soil samples sent for ICP-MS analysis at Kitlanya West (estimated cover thickness between 0 and 40m). • ~5,000 soil samples sent for low-de
Slide 17: Nova Target
Nova Target For personal use only • Drill testing of the first batch of new soil anomalies has proven hugely successful, intersecting 12m of visible copper mineralisation in NCP21 • Results have defined a new target, Nova, located just 10km to the southwest of Comet, demonstrating the effectiveness
Slide 18: Discovery Focused Exploration
For personal use only Discovery Focused Exploration 18 Africa Down Under 2022 | August 2022
Slide 19: Indicative Exploration Timeline
Indicative Exploration Timeline • 4,600m of diamond drilling completed at NCP to date For personal use only • Ongoing infill drilling campaign at Comet focussed on identifying and delineating high-grade zones • Ongoing diamond drilling of targets within NCP (in the vicinity of Comet) • Soil sampling
Slide 20: Discovery Focused Technical Team – Botswana
Discovery Focused Technical Team – Botswana For personal use only KML’s technical team includes sediment-hosted copper specialists with extensive experience in Africa Adam Wooldridge Dr Ross McGowan David Catterall Thomas Rogers Thomas Krebs BSc Hons Pr. Sci. Nat. PhD MSc Pr. Sci. Nat. BSc Hons MSAI
Slide 21: Thank you
For personal use only Thank you Contact For more information contact: www.cobre.com.au info@cobre.com.au 21