Koba Resources Limited · ASX:KOB
Koba Resources — Investor Presentation (February 2023)
31 slides from Koba Resources's investor presentation, February 2023
Slide 1: Metals for the EV revolution
Company Presentation February 2023 Metals for the EV revolution Lithium and cobalt projects in North America and Australia 1
Slide 2: Capital Structure
Capital Structure 2 Share price Market capitalisation A$0.15 A$11.4m 52 week high $0.32, low $0.10 Koba’s Whitlock Lithium Project is 15km from Shares on issue Cash Canada’s only operating lithium mine, the Tanco Mine. 76.0m A$3.3m Share price performance As at 31 December 2022 $0.25 Performance rig
Slide 3: Lithium and cobalt projects in North America
Lithium and cobalt projects 3 in North America. MANITOBA QUEBEC Whitlock Project Koba Resources is exploring a Lithium portfolio of high-grade lithium and cobalt projects in world class JB1 Project Lithium districts including: ONTARIO Idaho Cobalt Belt Four projects • Canada’s emerging James Bay lit
Slide 4: Ben Vallerine
Ben Vallerine 4 Managing Director Geologist with over 20 years’ experience throughout Australia and North America as CEO and Exploration Manager. • Considerable experience in the identification, acquisition and exploration of mineral assets in North America. • Six years as Country Manager based in t
Slide 5: Strong Board and technical team
Strong Board and technical team 5 Extensive USA experience Mike Haynes Ben Vallerine Scott Funston Ian Cunningham Non-Executive Chairman Managing Director Non-Executive Director Company Secretary • 30 years’ experience in international resources • Geologist with over 20 years’ experience throughout
Slide 6: Whitlock Lithium Project: Adjacent to Canada's only operating lithium mine
Whitlock Lithium Project 6 Adjacent to Canada’s only operating lithium mine Tanco Lithium Mine, Manitoba, Canada Located immediately along strike from the Tanco Lithium Mine, Canada’s only operating lithium mine. • Tanco is also the world’s largest producer of caesium and contains the largest tantal
Slide 7: Whitlock Lithium Project: Ontario-Manitoba Lithium Province
Whitlock Lithium Project 7 Within the prolific Ontario-Manitoba Lithium Province 41.8Mt @ 1.53% Li2O PAK Project Frontier Lithium MANITOBA 1.2Mt @ 1.51% Li2O Manitoba & Ontario, Canada ONTARIO Whitlock Lithium Irgon Mine Whitlock Lithium Project 3.6Mt @ 1.28% Li2O Quantum Minerals Project 9.9Mt @ 1.
Slide 8: Whitlock Lithium Project: Surrounded by lithium deposits
Whitlock Lithium Project 8 Surrounded by lithium deposits 3.6Mt @ 1.28% Li2O 1.2Mt @ 1.51% Li2O Donner Lake Irgon Mine Grid Metals Corp Quantum Minerals Whitlock Project Davidson Claim Whitlock Project Manitoba & Ontario, Canada Anson Claim Whitlock Lithium TML-08-02 Project Mine / Deposit Pegmatite
Slide 9: Whitlock Lithium Project: Ryerson Claim Block
Whitlock Lithium Project 9 Ryerson Claim Block Extensive network of mapped pegmatites. • No drilling ever undertaken around the mapped pegmatites in the southeast. Geology map of the Ryerson Claim Block, Whitlock Lithium Project showing extensive pegmatites • Along strike from multiple known lithium
Slide 10: Whitlock Lithium Project: Davidson Claim Block
Whitlock Lithium Project 10 Davidson Claim Block Highly prospective for lithium- bearing pegmatites. • No drilling ever undertaken to target lithium. • 51 holes have been previously drilled for a total of 5,472m. • Of the 51 holes, 32 contained logged pegmatites (8 holes had a thickness greater than
Slide 11: Whitlock Lithium Project: Anson Claim Block
Whitlock Lithium Project 11 Anson Claim Block Geological unit that hosts the mineralisation at Tanco extends into the western block. • Never drilled for lithium. • Pegmatites mapped immediately south of the block. • These pegmatites expected to extend north onto Koba’s claims. Geology map of the Ans
Slide 12: JB1 Lithium Project: Surrounded by significant lithium deposits
JB1 Lithium Project, Quebec, Canada Surrounded by significant lithium deposits Chisasibi Radisson 107.6m @ 1.3% Li2O Located in the world class Adina Project Winsome Resources James Bay lithium province of Quebec. 26m @ 1.6% Li2O 40.3Mt @ 1.4% Li2O Cancet Project • 12km west of the Rose Lithium Wins
Slide 13: JB1 Lithium Project: ASX-listed explorers having success in Quebec
JB1 Lithium Project, Quebec, Canada ASX-listed explorers are having success in Quebec Chisasibi Radisson 107.6m @ 1.3% Li2O Recent major lithium discoveries Adina Project Winsome Resources in the James Bay region. 26m @ 1.6% Li2O Corvette Project 40.3Mt @ 1.4% Li2O Cancet Project Patriot Battery Met
Slide 14: JB1 Lithium Project: Limited exploration
JB1 Lithium Project 14 Limited exploration Highly-prospective for lithium- pegmatites. • Includes two granted claim blocks for 190km2. • Limited exploration with none targeting lithium. • Only 12 holes drilled for 1,328m. • Pegmatites logged in 10 of the 12 holes. • Over 12m of pegmatite logged in d
Slide 15: ASX peer review
ASX peer review 1. Market capitalisations as per 9 February 2023. 2. The Mineral Resource has been reported on a 100% basis. For source and classification breakdown refer to Appendices. Lithium pegmatite projects in Canada 3. For source of drill intersections refer to Appendices. 4. Cash positions a
Slide 16: Python Lithium Project, WA: Premier lithium production region
Python Lithium Project, WA 16 16 Premier lithium production region Port Hedland 18.0Mt @ 1.0% Li2O Archer Deposit Western Australia, Australia Global Lithium Python Lithium Project 157.5Mt @ 1.2% Li2O Lithium Project Pilgangorra Operations Greenstones Pilbara Minerals Major road Western Australia’s
Slide 17: Python Lithium Project, WA
Python Lithium Project, WA 17 Highly prospective for lithium-bearing pegmatites Python is a 60km2 granted tenement that has never been explored for lithium. • Highly fractionated granite, prospective for lithium-bearing pegmatites. • Similar geological setting to the Moolyella Project near Marble Ba
Slide 18: Forward Work Plan
February 2023 March April May June July August Sept Oct Nov Whitlock Project Grant of claims and data review Sampling results Mapping and sampling program Drill permitting and follow-up sampling program Drilling JB1 Project Acquisition completed, data review Forward Work Plan Mapping and sampling pr
Slide 19: Lithium-ion battery manufacturers and EV production in North America
Lithium-ion battery 19 manufacturers and Ontario 200MWh EV production in North America Quebec Michigan 60GWh New York Ontario 1.8GWh by 2022 Koba lithium projects 10GWh by 2030 Michigan 5Gwh commissioned JB1 Project Massachusetts Ohio Whitlock Project Nevada 34GWh commissioned Ohio 57GWh by 2025 30G
Slide 20: Lithium demand outpacing supply; Lithium price on the rise
Lithium demand outpacing supply 20 Lithium price on the rise Lithium hydroxide (LHM) supply and demand outlook Benchmark Lithium Price Index Million tonnes 3 1400 1200 2 1000 800 1 600 400 0 2015 2020 2025 2030 2035 2040 200 LHM global supply (operating) LHM global supply (planned) Jan 2020 2021 202
Slide 21: High grade cobalt projects in the USA
High grade cobalt Colson Project Co-Cu 21 21 projects in the USA Elkhorn Project Panther Project Co Co-Cu Boise Blackpine Project Co-Cu Focus on the Idaho Cobalt Belt, the IDAHO western world’s premier cobalt district. NEVADA • The Blackpine Project is located 15km from Reno Jervois’ Idaho Cobalt Op
Slide 22: Idaho Cobalt Belt
Idaho Cobalt Belt UNITED STATES The western world’s premier Colson Project Co-Cu cobalt district Elkhorn Project LEGEND High-grade resources where Co cobalt is the primary metal of Panther Project Apple Creek Formation economic importance. Co-Cu Historical Prospect Historical Mine Salmon Fault IDAHO
Slide 23: Blackpine Project, Idaho: Cobalt-Copper
Blackpine Project, Idaho Cobalt-Copper Located 15km from Jervois’ Idaho Cobalt Operation. • Koba completed its initial 3-hole (457.8m) drill program in October 2022 at the Swift Prospect. High-grade intersections included: Drill hole plan at the Swift Prospect, overlying an image of copper-in- o 0.7
Slide 24: Blackpine Project, Idaho: High priority IP targets
Blackpine Project, Idaho High priority IP targets Multiple, strong, undrilled chargeability anomalies delineated over 4km of strike. • Strong cobalt-copper-gold geochemical soil anomalism over 5km of strike. • IP anomalies coincident with strong cobalt-copper-gold soil anomalism, hence, they are hig
Slide 25: Blackpine Project, Idaho: Regina Prospect
Blackpine Project, Idaho Regina Prospect Extremely high-grade cobalt-copper grades intersected in previous drilling. • Co-Cu-Au soil anomaly >500m long. • 13 historic holes for 2,608.9m. • Drilling results include: o 0.15m @ 4.79% Co & 4.00 g/t Au from 82.1m; o 6.2m @ 0.61% Co & 6.4 g/t Au from 77.4
Slide 26: Disclaimer
Disclaimer 26 This presentation prepared by Koba Resources Limited (“Company”) does not purport to contain all the intentions, expectations or plans will be achieved either totally or partially or that any particular rate of return information that a prospective investor may require in connection wi
Slide 27: Appendices
Appendices Unit 25, Level 3, 22 Railway Road Subiaco Western Australia 6008 Phone: +61 8 9226 1356 Email: info@kobaresources.com kobaresources.com 27
Slide 28: Information Sources
Information Sources 28 Manitoba / Ontario References Quebec, James Bay References 1. Tanco Mine - GSWA Mineral Resources Bulletin 22, Chapter 10. International tantalum resources 11. Rose Mine - Critical Elements Lithium Corp. Rose Lithium-Tantalum Project Feasibility Study NI – exploration and mini
Slide 29: Information Sources
Information Sources 29 Pilbara References Cobalt References 21. Pilbara Minerals (ASX:PLS) – website: https://www.pilbaraminerals.com.au/our- 24. Idaho Cobalt Belt – Bookstrom, A.A., Box, S.E., Cossette, P.M., Frost, T.P., Gillerman, V.S., company/our-projects/pilgangoora-operation/ King, G.R., and
Slide 30: Resource Classification Summary
Resource Classification Summary 30 Owner Project Deposit Category Tonnes Grade Li2O (%) Cut-off Li2O (%) Source Reference Sinomine Resources Tanco Mine 1991 pre-production reserve 7,300,000 2.76 - 1 Grid Metals Corp. Donner Lake Historic Resource 3,950,000 1.28 - 6 Quantum Minerals Corp. Irgon Histo
Slide 31: Resource Classification Summary
Resource Classification Summary 31 Owner Project Deposit Category Tonnes Grade Li2O (%) Cut-off Li2O (%) Source Reference Nemaska Lithium Inc Whabouchi Project Measured (pit) 16,953,000 1.57 0.3 13 Indicated (pit) 20,403,000 1.41 0.3 Inferred (pit) 6,687,000 1.37 0.3 Measured (underground) 12,000 1.
Koba Resources — Investor Presentation (February 2023) on 6ix