Kincora Copper Limited · TSXV:KCC
Kincora Copper — Mines and Wines Conference 2022 – Discoveries in the Tasmanides
32 slides from Kincora Copper's conference presentation, May 13, 2022
Slide 1: Mines and Wines Geological Presentation
Mines and Wines Geological Presentation Orange, Australia — May 13th, 2022 Kincora Copper Limited’s Exploration Manager, Dr. Paul Cromie, will be presenting at the Mines and Wines conference – Discoveries in the Tasmanides today. A copy of Dr. Cromie’s presentation titled “Trundle Park prospect: Evo
Slide 2: Trundle Park Prospect: Evolving Geological Insights Through Deeper Drilling
TRUNDLE PARK PROSPECT: KINCORA EVOLVING GEOLOGICAL INSIGHTS COPPER THROUGH DEEPER DRILLING Paul Cromie: Exploration Manager Discoveries in the Tasmanides: Mines & Wines Conference, Orange, NSW 13th May 2022
Slide 3: Cautionary Statement
Cautionary Statement Certain disclosure may constitute "forward-looking statements”. In making the forward-looking statements, the Company has applied certain factors and assumptions that the Company believes are reasonable. However, the forward-looking statements are subject to numerous risks, unce
Slide 4: Presentation outline
Presentation outline • District setting and targeting models • Trundle Project: • Geology • Exploration Background • Trundle Park Prospect: • Geological insights • Observations & learnings Acknowledgements: • Tony Crawford & Doug Mason (Petrology) • Todd McGilvray & Murray Brooker (Geology) • Dave C
Slide 5: Targets: Kincora's strategic + district scale portfolio
Targets: Kincora’s strategic + district scale portfolio Favorable locations in key Macquarie Arc volcanic belts LACHLAN FOLD BELT Advanced exploration stage &/or host large footprints (“LFB”) REGION New discovery at Southern Extension Zone (Trundle project) MACQUARIE Macquari Level of Project e Prox
Slide 6: Trundle: Brownfield setting to Northparkes
Trundle: Brownfield setting to Northparkes Western side of the Northparkes Igneous Complex Previously 2208 holes for 61,146m, only 11 >250m depth TRUNDLE NORTHPARKES . . Mordialloc drilling Northparkes mining Ravenswood Sth drilling complex Dunns drilling Trundle Park drilling Kincora diamond drill
Slide 7: Big systems but need to drill to their discrete cores
Big systems but need to drill to their discrete cores Cadia Northparkes Highly altered systems with discrete high-grade cores Clusters of vertically extensive deposits across a significant strike which can 5.7km be missed with only shallow 4.5km drilling Satellite image Satellite image Core of syste
Slide 8: Targets: Trundle Park prospect - our initial concept
Targets: Trundle Park prospect - our initial concept Cadia East Trundle Park Skarn zones Cadia Far East Little Cadia Kincora hole TRDD001 Porphyry Skarn Top 50m Open Porphyry zones Fluids cool as they 200m migrate, providing 200m vectors to underlying source Drill intersections Causative Cadia and T
Slide 9: Trundle: Geology, Exploration & Discovery!
Trundle: Geology, Exploration & Discovery! Trundle township, rail-siding & pub are located within the 88 Trundle Park prospect: diamond drilling Trundle exploration license
Slide 10: Trundle: Prior shallow drilling defined a big footprint
Trundle: Prior shallow drilling defined a big footprint Lack of deeper drilling that would have intersected the core of a Northparkes or Cadia system Geology Copper >500ppm Gold >0.1g/t Holes >250m All prior explorer drill hole All prior explorer drill hole Prior explorer drill traces in PIG PEN tra
Slide 11: Trundle: Shallow drilling defined 700m strike
Trundle Park: Shallow drilling defined 700m strike Large magnetic complexes were previously untested, IP, geological and geochemical vectors remained open for followed up IP - Chargeability Magnetics 2020 HPX Typhoon Induced Polarisation (IP) survey • 17 identified chargeability ) 0M anomalies (70 •
Slide 12: Geological insights through deeper drilling: Eastern Zone
Trundle Park: Geological insights through deeper drilling X EASTERN ZONE TRDD0018 NOTABLE INTERVALS INCLUDE TRDD001 TRDD011 DRILL HOLE KEY 74m @ 0.37g/t Au, 0.40% Cu from surface incl: Collar • 4m @ 3.36g/t Au, 4.98% Cu from 66m >0.5 CuEq % 3 TR 0.1-0.5 CuEq % 3 TRDD001 D0D 51m @ 1.17g/t Au, 0.54% C
Slide 13: Trundle Park: Eastern Zone
Trundle Park: Eastern Zone Kincora TRDD001: near surface skarn zones in volcaniclastic rocks, then into monzodiorite + monzonite intrusions X’ X S N Gnt 2 01 DD Volcaniclastic TR Limestone Py Skarn Chl Monzodiorite TOP - TRDD001: Garnet (Gnt)-chlorite (Chl) skarn with semi- Monzonite massive pyrite,
Slide 14: Trundle Park: Eastern Zone
Trundle Park: Eastern Zone TRDD008-016: Multiple skarn zones in volcaniclastic rocks, with quartz-pyrite veins (+/- molybdenite, chalcopyrite, bornite) mainly in monzonite intrusions X’ X S 2 01 N DD TR Volcaniclastic Limestone Skarn Monzodiorite Monzonite TOP- TRDD015 (from 395m): Grey monzodiorite
Slide 15: Geological insights through deeper drilling: Central Zone
Trundle Park: Geological insights through deeper drilling CENTRAL Y ZONE TRDD 0 22 NOTABLE INTERVALS INCLUDE TRDD001 TRDD008 TRDD DRILL HOLE KEY 87.7m @ 0.65g/t Au, 0.19% Cu from surface incl: Collar TRDD008 • 8m @ 1.63g/t Au, 0.57% Cu from 66m 029 >0.5 CuEq % 3 TR TRDD 0.1-0.5 CuEq % 3 TR D TRDD014
Slide 16: Trundle Park: Central Zone
Trundle Park: Central Zone Qu TRDD014W1 & TRDD022 intersected artz -mo nzod iorit skarn development from surface to depth + broad intervals of gold e associated with hematite-kfeldspar-pyrite Monzodiorite altered @ 626.5 m zones in monzodiorite Y Y’ Interpreted hematite and outer potassic alteration
Slide 17: Geological insights through deeper drilling: Southern Extension Zone
Trundle Park: Geological insights through deeper drilling Z NOTABLE INTERVALS INCLUDE TRDDO29 UPPPER SKARN: 36m @ 0.68g/t Au, 0.29% Cu TRDD DRILL HOLE KEY MIDDLE SKARN: 139m @ 0.17 g/t Au, 0.12% Cu Collar incl. 34m @ 0.38g/t Au, 0.30% Cu 029 >0.5 CuEq % 3 LOWER SKARN: 13m @ 0.13 g/t Au, 0.07% Cu TRD
Slide 18: Trundle Park: Southern Extension Zone
Trundle Park: Southern Extension Zone Monzonite intruding monzodiorite (vein dykes near surface and varying to broader intrusions with depth) Z Z’ N S Hole TRDD029 Hole TRDD028 Hole TRDD030 Monzonite Monzodiorite Volcaniclastic Limestone Skarn Monzonite2 Monzodiorite2 Quartz-carbonate- ABOVE: Monzod
Slide 19: Trundle Park: Southern Extension Zone
Trundle Park: Southern Extension Zone Overlying volcaniclastic rocks with alteration increasing towards mineralised zones TOP: Volcaniclastic sandstone Z Z’ (grey) with silty bands and N S pebbles, TRDD029 @ 432m Hole TRDD029 Hole TRDD028 Hole TRDD030 MIDDLE: Volcaniclastic sandstone with pebbles, c
Slide 20: Trundle Park: Southern Extension Zone
Trundle Park: Southern Extension Zone Skarn: Upper Zone (vein and disseminated type mineralisation) TOP- TRDD029 @ 510m: Z Z’ Carbonate-quartz vein with N S chalcopyrite, hosted by Hole TRDD029 Hole TRDD028 Hole TRDD030 volcaniclastic rocks, occur above the Upper Skarn Volcaniclastic Limestone Skarn
Slide 21: Trundle Park: Southern Extension Zone
Trundle Park: Southern Extension Zone Skarn: Middle Zone (banded & massive textures) TOP - TRDD030: Banded Z Z’ garnet-pyroxene-magnetite N S skarn (upper) then into Hole TRDD029 Hole TRDD028 Hole TRDD030 massive magnetite skarn with disseminated pyrite & chalcopyrite, overprinted by retrograde skar
Slide 22: Deeper drilling >1300m strike (open)
Trundle Park: Deeper drilling >1300m strike (open) Prior drilling averaged <30m depth, Kincora has expanded mineralised footprint to approximately 800m depth (and open) CENTRAL EASTERN ZONE 2022 ZONE Kincora discoveries to date: • Two new porphyry intrusion areas (Central and Eastern) with DRILL HOL
Slide 23: Observations & learnings: Trundle Park prospect
Observations & learnings: Trundle Park prospect Significantly improved geological understanding has both guided and justified deeper drilling, resulting in the discovery of: • Two new porphyry intrusion Zones (Central and Eastern) and the Southern Extension Zone (in the last quarter) • Mineralisatio
Slide 24: Team
Team Paul Cromie Sam Spring Sam McRae (CEO) Cameron McRae (Chairman) John Holliday (Technical Director) Ben Jones John Baggy Drew McPhie Aaron Carpenter James Wickham Jim Finlay Baggy Molor Nick Firth Erdenebat Tsolmon Amgaa Peter Leaman SVP Exploration 23 and Alexis Jaraczewski 23
Slide 25: Thanks - Contact
THANKS KINCORA Contact Sam Spring COPPER @KincoraCopper President & CEO sam.spring@kincoracopper.com Kincora Copper Limited Melbourne +61431 329 345 www.kincoracopper.com ASX/TSXV: KCC 24
Slide 26: Trundle Project background
Trundle Project background The Trundle Project is located in the Junee-Narromine volcanic belt of the Macquarie Arc, less than 30km from the mill at the Northparkes mines in a brownfield setting within the westerly rift separated part of the Northparkes Igneous Complex (“NIC”). The NIC hosts a miner
Slide 27: Qualified Person
Qualified Person The scientific and technical information in this news release was prepared in accordance with the standards of the Canadian Institute of Mining, Metallurgy and Petroleum and National Instrument 43-101 – Standards of Disclosure for Mineral Projects (“NI 43-101”) and was reviewed, ver
Slide 28: JORC Table 1 Section 1 Sampling Techniques and Data
JORC TABLE 1 Section 1 Sampling Techniques and Data (Criteria in this section apply to all succeeding sections). Criteria JORC Code explanation Commentary Sampling • Nature and quality of sampling (e.g. • Kincora Copper Limited is the operator of the techniques cut channels, random chips, or Trundle
Slide 29: Sub-sampling techniques
• The total length and percentage of the • Historic drilling was logged with logging mostly relevant intersections logged. recorded on paper in reports lodged with the NSW Department of Mines. Sub- • If core, whether cut or sawn and • Once all geological information was extracted from sampling wheth
Slide 30: Data spacing and distribution
• Grid system used is the Map Grid of Australia Zone 55, GDA 94 datum. • Topography in the area of Trundle is near-flat and drill collar elevations provide adequate control Data spacing • Data spacing for reporting of • Kincora drilling at Trundle is at an early stage, with and Exploration Results.
Slide 31: Section 2 Reporting of Exploration Results
Section 2 Reporting of Exploration Results (Criteria listed in the preceding section also apply to this section.) Criteria JORC Code explanation Commentary Mineral • Type, reference name/number, location • Kincora holds three exploration licences in NSW tenement and ownership including agreements an
Slide 32: Data aggregation methods
Data • In reporting Exploration Results, • For Kincora drilling at Trundle the following aggregation weighting averaging techniques, methods were used: methods maximum and/or minimum grade • Interpreted near-surface skarn gold-copper truncations (e.g. cutting of high intercepts were aggregated using
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