Kincora Copper Limited · TSXV:KCC
Kincora Copper — Investor Presentation (February 2024)
28 slides from Kincora Copper's investor presentation, Feb 7, 2024
Slide 1: Consolidation of NSW Portfolio & Proposed Mongolia Divestment
KINCORA COPPER Consolidation of NSW Portfolio & Proposed Mongolia Divestment ASX & TSXV : KCC February, 2024
Slide 2: Cautionary Statement
CAUTIONARY STATEMENT Kincora Copper Limited (ARBN 645 457 763): ticker “KCC” (ASX & TSX.V) Certain disclosure may constitute "forward-looking statements”. In making the forward-looking statements, Kincora Copper Limited (“Kincora” or “the Company”) has applied certain factors and assumptions that th
Slide 3: Why Kincora?
WHY KINCORA? Exposure To World-Class Copper-Gold Discovery Potential Tier-1 Location + Tier-1 Discovery Team M&A/Investment Hotspot Wholly Owned, Large-Scale Mongolia Divestment + Copper-Gold Targets High Impact Drill Targets 3
Slide 4: Corporate Snapshot
CORPORATE SNAPSHOT * Ticker “KCC” on TSXV & ASX MAJOR ASSETS NSW, Australia Market Cap Cash 4 Large-scale Porphyry Projects $8.7m $2m Trundle, Fairholme, Jemalong & Northern Junee- Narromine Belt + Artificial Intelligence Exploration Alliance with Earth AI for the Cundumbul project Mongolia Divestme
Slide 5: Recent Milestones and Upcoming Catalysts
RECENT MILESTONES AND UPCOMING CATALYSTS Creating The Foundations To Unlock And Realise Significant Asset Level Value Kincora has consolidated a 100% interest in all NSW projects • Restructured key asset level ownerships in 2H 2023 • Concurrent with A$2m private placement • Catalysts for funding/dil
Slide 6: Value Drivers for Significant Value Creation
VALUE FOUNDATIONSDRIVERSFOR SIGNIFICANT VALUE CREATION Key assets Value Drivers With Corporate Strategy And The Drill Bit Cundumbul project 1, 2 Condobolin project 1, 2 Mongolian portfolio divestment 1,2 • Success based AI exploration alliance • High grade gold-base metals • Portfolio offers Tier-1
Slide 7: Dynamic + Rounded Board
DYNAMIC + ROUNDED BOARD Focused On Exploration Excellence And Creating Shareholder Value, Shareholder Ownership And Remuneration Structures Key Milestones Cameron McRae Sam Spring Independent Chairman President & CEO, Director 2019: Pivot to NSW: Strategic review post mining Chair Remuneration Commi
Slide 8: Tier-1 Discovery Team
TIER-1 DISCOVERY TEAM Highly Accomplished Technical Team With An Outstanding Track Record Of Project Generation Leading To Significant Discovery John Holliday Peter Leaman Paul Cromie Industry Leading Technical Team John Holliday Peter Leaman Paul Cromie Discovery track record (amongst others) Techn
Slide 9: Highly Prospective + Strategically Located District Scale Portfolio in NSW
HIGHLY PROSPECTIVE + STRATEGICALLY LOCATED DISTRICT SCALE PORTFOLIO IN NSW Background: Core logging yard at Trundle with high-grade returned in TRDD037, the first hole at the Botfield prospect, with 2.9m @ 0.95% Cu, 0.62g/t Au from 129m within coarse banded chalcopyrite-bornite-pyrite epithermal vei
Slide 10: Tier-1 Location
TIER-1 N LOCATION Cobar NYNGAN HIGH VALUE, LONG LIFE PROJECTS Cobar superbasin Macquarie Arc Nyngan • CSA • Cadia • Endeavor • Northparkes World-Class Gold-Copper Provinces • >115Moz Gold & >30Mt Copper NEVERTIRE • • Peak Tritton • • Cowal Boda-Kaiser • Mining/Exploration Culture MULLA • Hera/Federa
Slide 11: Multiple Billion Dollar M&A + Investment
License owners MULTIPLE BILLION DOLLAR Kincora Newmont M&A + INVESTMENT Macquarie Arc Newmont /Legacy Metals Acq – Junee Narromine Evolution Recent transactions Cobar Superbasin belt Alkane Mines / Advanced Projects FMG - Newmont buys Newcrest (flagship Cadia) NYNGAN - Metals Acquisition buys the CS
Slide 12: Cundumbul
CUNDUMBUL * Maiden AI Led Drilling Campaign (1Q 2024): Using Artificial Intelligence To Generate, Fund And Test Drill Targets • Proprietary Artificial Intelligence and 0 2 4km Earth AI’s field Machine Learning approach to exploration activities ahead of imminent drilling via alliance with Earth AI*
Slide 13: Condobolin
CONDOBOLIN * Potential Hub And Spoke Development Scenario Historic Open Pit, High Grade Mining District With Lack Of Modern Exploration Kincora follow up Phoenix mine Meritilga Tilga target areas • High grade gold-base metals • 1893 – 1907 Previous drilling: Mine workings Cobar superbasin project •
Slide 14: Highly Prospective Large Scale Porphyry Targets
HIGHLY PROSPECTIVE LARGE NYNGAN / DUCK CREEK N Outline of Macquarie Arc Volcanic Belts (Molong belt: east SCALE PORPHYRY TARGETS Junee-Narromine belt: west) Post Mineral Cover Mineral Endowment NEVERTIRE Intrusive Complexes Kincora Projects The Macquarie Arc is Australia’s foremost porphyry district
Slide 15: New District Scale Potential
Junee- Molong NEW DISTRICT SCALE N N Outline of Macquarie Arc Narromine Belt ?? volcanic belts Nyngan / (Molong belt: east Duck Creek POTENTIAL 100km Junee-Narromine belt: west) Post mineral cover 55km ?? ?? Untested district • Northern extension of the Macquarie Arc ?? Junee-Narromine 50km Nevertir
Slide 16: Northern Junee-Narromine Belt
Kincora’s N Projects In RED NORTHERN JUNEE-NARROMINE BELT Kincora Beat Others To The Best Ground: Next Steps INFLECTION/ • “The Northern Junee-Narromine belt offers further “Cadia-scale” discovery AngloGold A. opportunities” - John Holliday, co-discover of Cadia (Kincora’s technical committee chair)
Slide 17: Trundle: Next Steps
Kincora targets for TRUNDLE: Next Steps * follow up drilling Prior explorer drill traces in black Mordialloc Extensive Multiple System Porphyry And Skarn Systems Across 10km Strike and Kincora holes in white for all holes drilled to over 250m depth NE over magnetics (ASVI) at prospects the previous
Slide 18: Southern Trundle: Multiple Adjacent Mineral Systems
SOUTHERN TRUNDLE: MULTIPLE ADJACENT MINERAL SYSTEMS * Kincora’s 2023 Drilling At Trundle (Holes TRDD035-39) Is Suggestive Of A Proximal Setting At Multiple Mineral Systems Supports Concept Of A Series Or Cluster Of High-Grade Deposits In The Southern Portion Of The License N TRDD035: 12.5m @ 2.77g/t
Slide 19: Fairholme + Jemalong
FAIRHOLME + JEMALONG * Driftway C Anomaly 2 World-Class Geological Setting, Evidenced By Resource Growth At Cowal Next Steps: Advanced negotiations for asset level funding partner(s) • Driftway C and Anomaly 2 prospects: first drilling since 1997 by FAIRHOLME Gateway Kincora last year upgrades anoma
Slide 20: Fairholme: Next Steps
Driftway C Anomaly 2 N FAIRHOLME : Next Steps * Overview of proposed follow up targets Follow up drill targets Northern targets • Open and highly prospective Kincora’s maiden drilling (air-core) in 2022 successfully expanded intrusion related bedrock single point geochem anomalies into highly prospe
Slide 21: Why Copper?
WHY COPPER? * Right Fundamentals: Supply peaking without significant new investment/discoveries Unprecedented demand to achieve decarbonization 2040 Supply -36% Demand +90% Copper mine supply ~60Mt of annual copper supply is needed by 2040 to help contracts ~36% by 2040 deliver Net Zero Emissions (o
Slide 22: Investment Opportunity
INVESTMENT OPPORTUNITY Team, Location, Targets & Value Drivers INCREASING ASSET EXPOSURE TO VALUE DRIVERS VALUE & WORLD-CLASS WITH CORPORATE STRENGTHENING COPPER-GOLD STRATEGY AND THE BALANCE SHEET DISCOVERY UPSIDE DRILL BIT Right Right Right Team Place Time RHS photo from the first hole CDDH001 61-
Slide 23: Appendix
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Slide 24: Northern Junee-Narromine Belt Outscores Rival Emerging Porphyry Districts
NORTHERN JUNEE-NARROMINE BELT (+ MACQUARIE ARC IN GENERAL) OUTSCORES RIVAL EMERGING PORPHYRY DISTRICTS Nth Junee-Narromine Belt Golden Triangle Vicuña District Nth Andean Belt – Ecuador Macquarie volcanic arc Stikine multiphase arc Miocene metallogenic belt Eocene + Miocene belts Cadia Red Chris Fil
Slide 25: Large Scale Porphyry Projects: Seeking Asset Level Partners
LARGE SCALE PORPHYRY PROJECTS: Seeking asset level partners Walk up, large scale drill targets: detailed project level overviews available at https://kincoracopper.com / “Projects” Trundle Fairholme Jemalong Northern Junee-Narromine Belt Nyngan (EL8929) Fairholme (EL6552) License Trundle (EL8222) Je
Slide 26: Ongoing Exploration Projects
ONGOING EXPLORATION PROJECTS Walk up, large scale drill targets Cundumbul Condobolin Cundumbul (EL6661) with private Earth AI the operator/funder under an Exploration Alliance Condobolin (EL7748) License + KCC retaining 100% interest Condobolin East (EL9340) Metals Copper (Cu) + Molybdenum (Mo) + Go
Slide 27: Footnotes
FOOTNOTES SHARE REGISTER SUMMARY Slide 4 Market Cap: based on 247.2m total shares (48.4m TSXV / 198.8m ASX issued), post the issuance of share consideration to RareX Other TSXV Transferred to ASX CDIs Limited (“RareX”) for the buy out of its minority and carried interest in various NSW projects (Dec
Slide 28: Contact
KINCORA COPPER Contact Sam Spring President & CEO Email: sam.spring@kincoracopper.com ASX & TSXV: KCC Mobile: +61431 329 345 Background: Activities at the Trundle core yard, NSW
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