Kincora Copper Limited · TSXV:KCC
Kincora Copper — Investor Presentation (September 2022)
37 slides from Kincora Copper's investor presentation, September 2022
Slide 1: High impact targets, High conviction – results driven
High impact targets KINCORA High conviction – results driven COPPER September 2022 Recent results include the highest grade primary mineralisation interval drilled so far by Kincora and ever at the brownfield Trundle project. Photo of high grade zone and porphyry vein at the Southern Extension Zone
Slide 2: 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 3: Why Kincora?
Why Kincora? High quality, shallow, large scale, copper-gold targets in a Tier-1 location Pipeline of High Impact Targets Methodical Exploration Industry leading geoscience confirms ore grade >80% of treasury into exploration potential within established mineral systems + recent brownfield discovery
Slide 4: Why Now?
Why Now? High impact targets High conviction - results driven Focused drilling, expert reviews, and high grade discovery have… Refined high conviction Improved understanding of Pipeline offering world-class mineral system controls The picture can't be displayed. targets at shallower depths scale pot
Slide 5: What is Kincora?
What is Kincora? Significant leverage to exploration success Ticker “KCC” on TSXV & ASX Market Cap1 122.9m total shares (49.2m TSXV / 73.6m ASX)4 $7.6m Other TSXV Transferred to ASX CDIs since listing4 Management/ (listed March 30th, 2021) Board 6% Cash2 $2.3m NPC 6% Other ASX Highly Disciplined3 Se
Slide 6: Who is Kincora?
Who is Kincora? Highly accomplished technical team with an outstanding track record of project generation and discovery John Holliday Peter Leaman Paul Cromie Industry Leading John Holliday Peter Leaman Paul Cromie Technical Team Technical committee chair Technical committee Exploration Manager A fo
Slide 7: Discovery team with dynamic and rounded board
Discovery team with dynamic and rounded board Professional board focused on exploration excellence Key milestones Cameron McRae Sam Spring Technical Committee formed (2017): Tier- Independent Chairman President & CEO, Director 1 discovery focus Chair Remuneration Committee Technical Committee Base
Slide 8: Roadmap
Roadmap Slide 9 Milestones to high conviction targets 10 Tier-1 jurisdiction for copper-gold • Location: the place to be on a global scale • Tier 1 geology, infrastructure & legal environment • The world-class porphyry mines • The next generation of discoveries 14 Kincora’s strategic & district scal
Slide 9: Milestones to high conviction targets
Milestones to high conviction targets Actively and methodically validating and de-risking targets towards Tier-1 scale discoveries 2H 2019 4Q 2019 -1Q 2020 2Q 2020 - 2Q 2022 2Q – 3Q 2022 Now Pivot in focus to Strategic & district Drilling validates Reviews advanced High conviction & Lachlan Fold Bel
Slide 10: Location: “The place to be”
Location: “The place to be” Gold-rich copper deposits globally Australia’s world ranking for1: Gold Copper Resources 1st 2nd Production 2nd 6th “ As an economic geologist … NSW, Lachlan Fold Belt, for copper and gold, is the place to be” Richard Schodde, MinEx Consulting All gold-rich copper deposit
Slide 11: Tier 1 geology, infrastructure & legal environment
Tier 1 geology, infrastructure & legal environment In the Lachlan Fold Belt (Macquarie Arc & Cobar Superbasin) Depth of cover Australia’s Tier 1 Cobar Cobar Superbasin Superbasin Outcrop & shallow copper provinces <500m Macquarie Macquarie Arc Arc Tier 1 regions 500-1000m Junee-Narromine Junee-Narro
Slide 12: World-class mines: Host a series of deposits
World-class mines: Host a series of deposits In the Macquarie Arc (Australia’s foremost porphyry province) Cadia >50Moz Au Northparkes 5.5Moz Au >9.5Mt Cu CMOC & Sumitomo 4.5Mt Cu Newcrest Big Little Big & highly altered footprints with discrete Cadia Cadia high-grade cores Clusters/series of vertic
Slide 13: The next generation: Scale & grade potential at Trundle
The next generation: Scale & grade potential at Trundle In the Macquarie Arc (Australia’s foremost porphyry province) Boda 5.2Moz Au Trundle 0.9Mt Cu Kincora Alkane Key Alkane milestones for Boda • 3Q 2019 - Boda “discovery” • 2Q 2022 - Maiden JORC resource at Boda Trundle Park prospect • 1Q 2023 -
Slide 14: Kincora’s strategic positions in key belts
NYNGAN Kincora’s High value, long life projects strategic Cobar superbasin Macquarie Arc Cobar • CSA • Cadia Nyngan NEVERTIRE • Endeavor • Northparkes positions in • Peak • Cowal • Tritton • Tomingley MULLA • Hera • Boda key belts Kincora’s projects in RED Dubbo Target the best ground in the best be
Slide 15: Hallmarks to neighboring world-class mines
Hallmarks to neighboring world-class mines With big, underexplored mineral systems hosting demonstrated ore grade potential DRIFTWAY C ANOMALY 2 N N Operator / project (left) 0 5 10km 0 5 10km Kincora Trundle project Copper CORVETTE CMOC Northparkes mine Kincora’s projects MYALL in RED . GATEWAY FMG
Slide 16: Exploration pipeline focused on commercial outcomes
Exploration pipeline focused on commercial outcomes Geoscience and commercial merits validated by drilling Fundamentals: Trundle hosts an estimated quarter of the brownfield Northparkes Igneous Complex (NIC) • Eastern portion of NIC hosts the Northparkes mine: >24Moz gold equivalent Key belts of t
Slide 17: What’s next? High impact and conviction drilling
What’s next? High impact and conviction drilling Target System Summary Project Prospect Analogue depth target (further details on slide 32 in Appendix) From Cadia Hill + Northparkes Eg First time following up 10m at 1.99 g/t Au, 0.12% Cu (from 36m to EOH) on the margin of a Trundle Dunn’s South & No
Slide 18: Trundle: Indicating world-class potential
Trundle: Indicating world-class potential Series of targets across a 3.2km mineralised and magnetic system complex TRUNDLE PROJECT Geochemical footprints & series Significant coincident mineral footprints and magnetic complexes in both the north and south of license of deposits Northparkes 4.5km E26
Slide 19: Southern Trundle: testing more prospects, shallow depths
Southern Trundle: testing more prospects, shallow depths Kincora drilling has focused on two zones (Eastern/Central & Southern Extension Zones (SEZ)) Northparkes Resulting in two discoveries, including the highest primary mineralisation to date at the project (SEZ) • 22 porphyry systems defined to d
Slide 20: Southern Trundle: significantly improved understanding
Southern Trundle: significantly improved understanding High conviction targets driven by comprehensive internal and external technical reviews Favourable grade, level in the porphyry system, lithology and scale potential identified at adjacent targets Four porphyry target zones are shallow (Dunn’s,
Slide 21: Southern Trundle: following up ore grade porphyry
Southern Trundle: following up ore grade porphyry The large magnetic complex coincident with shallow copper-gold at Botfield is indicative of a large untested skarn &/or porphyry complex Following up the SEZ porphyry at shallower depths at Botfield (the distance from Botfield to the SEZ is comparabl
Slide 22: Fairholme following a highly successful template
Fairholme following a highly Anomaly 2 Driftway C successful template Recent Kincora drilling converts two anomalies into highly prospective targets & extends the mineralised system strike to >1.6km at the Gateway prospect Gateway World-class geological setting, evidenced by the resource growth at C
Slide 23: Fairholme: Gateway prospect strike >1.6km with vectors
Fairholme: Gateway prospect strike >1.6km with vectors Recent drilling returned anomalous gold and copper in all nine holes, including 5th highest grade air-core interval to date at the Fairholme project (3.35g/t gold over 2m in hole FHAC008, noting a total of 552 prior explorer air-core holes) Open
Slide 24: Fairholme: Gateway v the Gold Corridor at Cowal
Fairholme: Gateway v the Gold Corridor at Cowal The Gateway prospect versus the Gold Corridor at Cowal (total endowment of 14Moz Au) provides an indication of the size of the existing system despite limited relative drilling Gateway Cowal gold corridor 4.5km Plan view Plan view SSE NNW E46 GRE46 E42
Slide 25: Fairholme: First drilling at northern prospects since 1997 delivers
Fairholme: First drilling at northern prospects since 1997 delivers Anomaly 2 and Driftway identified as highly prospective follow up targets - all Kincora holes returned anomalous copper Results analogues to Geopeko’s drilling to bedrock program that ultimately led to the discovery of the Cowal dep
Slide 26: Northern Junee-Narromine belt
Kincora’s projects in RED Northern Junee-Narromine belt (Nyngan, Mulla and Nevertire) Kincora an early mover before land grab and recent peer successes Region potentially covers the largest intrusive centre of the Macquarie Arc NYNGAN INFLECTION Alkane Resources’ successes at its Northern Molong Por
Slide 27: Consolidating the Condobolin mineral field
Consolidating the Condobolin mineral field Historic open pit, high grade mining district with lack of systematic modern exploration Kincora has consolidated the mineral field (including 25 mining pits) with near surface, high grade targets for drilling Recent significant new discoveries within the C
Slide 28: Divesting Mongolian portfolio
Divesting Mongolian portfolio Large-tonnage JORC resource on small portion of one of three underexplored porphyry complexes Corporate strategy to divest and extract appropriate value 100% interest in one of the largest land positions in the world- class Southern Gobi copper-gold porphyry belt, which
Slide 29: Kincora Copper: Right Team, Right Place, Right Time
Kincora Copper Right Right Right Team Place Time … for a Tier-1 copper-gold discovery District scale and strategic Highly accomplished technical position in a Australia’s team with an outstanding track world-class, copper-gold record of discovery successes Lachlan Fold Belt at a capital efficient sp
Slide 30: Appendix
Appendix Five high conviction porphyry system target zones at Southern Trundle • Four are from/near surface, not dissimilar to Kincora’s first target at Trundle • Kincora’s first hole (TRDD001) resulted in a new discovery Native copper, chalcocite, chalcopyrite and black chlorite in skarn: 4.24g/t C
Slide 31: Drilling to date in NSW
Drilling to Focused, cost effective and strong vectors for follow up targets Cash cost base benefits from location in Central-West NSW, team/remuneration date in NSW structures, cooperative funding grants and shallower drilling profiles that drive exploration dollars further Summary of activitie
Slide 32: Next phase: High conviction, large-scale and shallow targets
Next phase: High conviction, large-scale and shallow targets Drilling and technical reviews affirm prospectivity for multiple Tier-1 scale targets Target System Evidence of high-grade / broad Last Additional Project Prospect Analogue depth target mineralisation exploration comment(s) Trundle Dunn’s
Slide 33: Northparkes series of mines
Eastern side of Northparkes 0 1 2 km Veedas Igneous Complex E37W >24Moz AuEq E37 Northparkes series of mines E22 • 22 porphyry systems defined to date E27 55500 • 4 main ore systems mined, 5 planned (above industry average grade) • 40% of technical discoveries economic - Past production: 1.2Mt coppe
Slide 34: Trundle series of targets
Western side of Northparkes 0 1 2 km Igneous Complex Same scale to Northparkes Rawenswood Bloomfield South prospect prospect Trundle series of targets • 2 discoveries within the 2 prospects with diamond drilling to 55500 date by Kincora (within 1.3km strike) Dunn’s North prospect • 4 high priority a
Slide 35: Mongolia’s world-class Southern Gobi belt
Mongolia’s world-class Southern Gobi belt Highly mineralised but vastly underexplored, on China’s doorstep and trucking distance to the world’s largest copper consumer Recent significant investment milestones Mining Licenses Kincora’s projects 1. Oyu Tolgoi partners approve commencement of Kincora E
Slide 36: Mongolian portfolio: 3 large porphyries
Mongolian portfolio: 3 large porphyries Seeking to extract appropriate value (carrying value $1.9 million) West Fox BFIC: Bronze Fox Intrusive Complex covers 1.4 x 2.4km THIC • “Relatively limited drilling supports upside at one of the largest copper systems in Mongolia with only a small portion of
Slide 37: Kincora Copper
CLICK HERE FOR AN EXPLORATION STRATEGY & PROGRESS VIDEO KINCORA Contact Sam Spring @KincoraCopper COPPER President & CEO Kincora Copper Limited sam.spring@kincoracopper.com Melbourne +61431 329 345 www.kincoracopper.com ASX/TSXV: KCC 37
Kincora Copper — Investor Presentation (September 2022) on 6ix