Koba Resources Limited · ASX:KOB
Koba Resources — RIU Explorers Conference 2025
22 slides from Koba Resources's conference presentation, Feb 18, 2025
Slide 1: RIU Explorers Conference Presentation (ASX Release)
18 FEBRUARY 2025 ASX RELEASE RIU Explorers Conference Presentation Koba Resources Limited (ASX:KOB) attaches a copy of the presentation that its Managing Director Ben Vallerine will present at the RIU Explorers Conference at 3.05pm (AWST) on 18 February 2025. Authorised for release by Ian Cunningham
Slide 2: High-Quality Uranium Projects in World-Class Districts
ASX:KOB | kobaresources.com High-Quality Uranium Projects in World-Class Districts RIU Explorers Conference - Fremantle 18 - 20 February 2025 Ben Vallerine Managing Director
Slide 3: Two Projects with Outstanding Potential to Discover Large, High-Grade Uranium Deposits
Two Projects with Outstanding Potential to Discover Large, High-Grade Uranium Deposits Yarramba Project Harrier Project South Australia Canada • Located in a favourable jurisdiction with operating uranium mines. • Located 50km west of the 127.7Mlb Michelin Uranium Project, owned by Paladin Energy. •
Slide 4: Capital Structure
Capital Structure Share price Market capitalisation Share price performance $0.068 $10.8m Year to 14 February 2025 52 week high $0.18, low $0.066 At $0.068 $0.17 Shares on issue Cash $0.15 158.6m $2.8m* $0.13 *As at 31 December 2024. $0.11 Performance rights Options (A$0.11 - $0.30) $0.09 23.5m 40.6
Slide 5: Koba's Flagship Yarramba Uranium Project
Koba’s Flagship Yarramba Uranium Project Located in a World-Class Uranium District Two operating in-situ recovery uranium mines nearby • The Yarramba Project is located: • 17km north of the Honeymoon Uranium Operation: • 71.6Mlbs @ 620ppm U3O8 of resources.1 • Produced their first drum of yellowcake
Slide 6: Berber and Chivas Prospects
Berber and Chivas Prospects Two High-Grade Uranium Discoveries from 2024 Maiden Drill Program Strong potential for resource expansion confirmed by these discoveries • High-grade results from new discoveries include: • the Berber Prospect. • 1.6m @ 1,026ppm eU3O8 from 91.5m. • The Chivas Prospect. •
Slide 7: Berber Prospect
Berber Prospect High-Grade Results, and Open In All Directions Sparsely drilled 1500m corridor between Berber and the Oban Deposit • Berber was discovered in the 1990s when ten holes were drilled. Significant historic results include: • 1.0m @ 860ppm eU3O8 from 83.3m; and • 0.5m @ 1,200ppm eU3O8 fro
Slide 8: Chivas Prospect
Chivas Prospect High-Grade Mineralisation remains Open to the East Discovered with a step out drill hole 700m east of the Oban Deposit • Significant uranium mineralisation identified in the initial step out drilling at the Chivas Prospect, 700m east of the Oban Deposit including: • 1.0m @ 629ppm eU3
Slide 9: Oban Uranium Deposit
Oban Uranium Deposit Initial Drillings Confirm Shallow, High-Grade Mineralisation Potential to expand the resource base through step out drilling and discovery • Significant results from Koba’s maiden drill program in 2024 include: • 3.9m @ 805ppm eU3O8 from 87.0m; including • 1.3m @ 1,261ppm eU3O8;
Slide 10: Oban Uranium Deposit
Oban Uranium Deposit High-grade, consistent sections within resource Consistent and contiguous high- grade mineralisation • Contiguous drill results from a single section include: • 2.12m @ 2,236ppm eU3O8; • 2.65m @ 1,174ppm eU3O8; 2.12m @ 2,236ppm eU3O8 • 2.20m @ 1,502ppm eU3O8; and • 1.80m @ 1,306
Slide 11: Mt John Prospect
Mt John Prospect High-Priority target in Well-Endowed Yarramba Palaeochannel Immediately along strike from over 50Mlbs of uranium resources at the Honeymoon, Jason and Saffron Deposits • Mt John is located ~45km southwest of the Oban – Berber area (see page 12). • Significant mineralisation intersec
Slide 12: Mt John Prospect
Mt John Prospect Significant Results from Maiden Drilling at MJ3B target Significant mineralisation intersected in the first phase of drilling at Mt John • Significant results from Koba’s initial 11 holes at the MJ3B target include: • 1.0m @ 397ppm eU3O8 from 104.4m; and • 0.7m @ 282ppm eU3O8 from 9
Slide 13: Significant Regional Potential
Significant Regional Potential 250km of Palaeochannels to Explore Across 5,000km2 Numerous prospects to follow-up • Previously identified prospects with limited and only broad-spaced drilling that have returned significant intercepts include: • Yarramba North – 2.0m @ 530ppm eU3O8. • Bingelly – 1.0m
Slide 14: Harrier Uranium Project
Harrier Uranium Project Newfoundland and Labrador, Canada An exceptionally high-grade uranium project • The 489km2 Harrier Project is located within a world-class uranium district that includes 127.7Mlbs of U3O8 at Paladin Energy’s Michelin Uranium Project. • Ten 10 prospects have returned rock chip
Slide 15: Harrier Uranium Project
Harrier Uranium Project 7.48% (74,800ppm) U3O8 from Koba’s inaugural sampling program • During June 2024 Koba conducted a sampling and prospecting program, collecting 242 rock chip samples. • The initial program confirmed the presence of widespread, very high-grade mineralisation, including: • Moran
Slide 16: Harrier Uranium Project
Harrier Uranium Project Ten prospects have returned rock chip assays > 1.0% U3O8 • 7.48% U3O8 − Moran Height Prospect • 2.12% U3O8 − Anomaly 7 Prospect • 5.08% U3O8 − Fish Hawk North Prospect • 1.49% U3O8 − Fish Hawk South Prospect • 4.86% U3O8 − Brook Prospect • 1.48% U3O8 − Boiteau Prospect • 3.48
Slide 17: Project Timeline – Continuous News Flow
Project Timeline – Continuous News Flow 2025 2025 Yarramba Project February March April May June July August September October Drilling Drill Results Seismic Survey Processing Target Generation Harrier Project February March April May June July August September October Project Planning Field Program
Slide 18: Experienced Board
Experienced Board Extensive uranium experience Mike Haynes Ben Vallerine Scott Funston Ian Cunningham Non-Executive Chairman Managing Director Non-Executive Director Company Secretary • 30 years’ experience in international • Founder and Managing Director of Koba • Proven executive level experience
Slide 19: In-Situ Recovery (ISR)
In-Situ Recovery (ISR) Accounts for ~ 60% of global uranium production • Discoveries with the Yarramba Uranium Project will potentially be amenable to ISR mining like the neighbouring Honeymoon Mine. • Well understood and proven technology. • Low-cost mining method. • Reverses the natural process of
Slide 20: Growth in Nuclear Energy is driving increased demand for uranium
Growth in Nuclear Energy is driving increased demand for uranium Uranium spot price has gained 200% Uranium Spot Price $US/lb over 5 years, despite recent pullback As at 14 February 2025 $120 • Nuclear energy, using uranium as fuel, helps fight climate change by providing low-carbon power as an alte
Slide 21: Disclaimer
Disclaimer This presentation prepared by Koba Resources Limited (“Company”) does not purport to contain all the information that a statements reflect current expectations, intentions or strategies regarding the future and assumptions based on currently prospective investor may require in connection
Slide 22: Contact
Contact The Oban Deposit Area Ben Vallerine Managing Director Unit 25, 22 Railway Road Subiaco, Western Australia, 6008 Phone: +61 8 9226 1356 Mobile: +61 4 3997 0595 Email: info@kobaresources.com kobaresources.com Alex Cowie Investor Relations Mobile +61 412 952 610 alexc@nwrcommunications.com.au