Kincora Copper Limited · TSXV:KCC
Kincora Copper — Investor Presentation (March 2023)
27 slides from Kincora Copper's investor presentation, March 2023
Slide 1: Kincora Copper: High Impact Drilling
KINCORA COPPER HIGH IMPACT DRILLING Seeking to confirm new globally significant copper-gold discoveries March 2023 Kincora Copper Limited: ticker “KCC” (ASX & TSX.V)
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, the Company has applied certain factors and assumptions that the Company believes are reasonable. Howev
Slide 3: Why Kincora?
WHY KINCORA? Leading Pure Play Porphyry Explorer In Australia’s Foremost Porphyry District Tier-1 Discovery Team Tier-1 Location in NSW High Conviction & Large- High Impact Drilling Scale Copper-Gold Targets Ongoing 4
Slide 4: Corporate Snapshot
CORPORATE SNAPSHOT Ticker “KCC” on TSXV & ASX FOUNDATIONS FOR SIGNIFICANT VALUE CREATION Market Cap Cash $11.5m * $2.4m * 13 Large Scale Gold-copper Discovery Targets Being Drilled In NSW, Australia Money in-the-ground Drilling Grants 80% Of Treasury Into Exploration * >$0.6m Total Grants Awarded *
Slide 5: 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 Paul Cromie Peter Leaman Industry Leading John Holliday Peter Leaman Paul Cromie Technical Team Technical committee chair Technical committee
Slide 6: Dynamic + Rounded Board
DYNAMIC + ROUNDED BOARD Focused On Exploration Excellence With “Skin In The Game” Shareholder Ownership And Remuneration Structures Key Milestones Cameron McRae Sam Spring Technical Committee formed (2017): Independent Chairman President & CEO, Director Tier-1 copper-gold focus Chair Remuneration Co
Slide 7: Tier-1 Location
TIER-1 LOCATION HIGH VALUE, LONG LIFE PROJECTS NYNGAN Cobar Cobar superbasin Macquarie Arc • CSA • Cadia World-Class Gold-Copper Province Nyngan • Endeavor • Northparkes • >115moz Gold & >30mt Copper • Peak • Cowal • Mining/Exploration Culture NEVERTIRE • Tritton • Tomingley MULLA • Hera • Boda • Ex
Slide 8: NSW Neighbours
NSW NEIGHBOURS License owners N Kincora 0 80 km Newmont Macquarie Arc is Australia’s Newcrest • See insert on slide 9 foremost porphyry district • Effectively no license CMOC/Su coverage in 2019 mitomo Cooperative funding grants for Newmont secures Glencore ground in New exploration drilling / criti
Slide 9: New Major Enters the District
Kincora’s projects N in RED NEW MAJOR ENTERS THE DISTRICT The undercover Northern Junee-Narromine district has the potential to host the largest intrusive centre of the Macquarie Arc NYNGAN INFLECTION/ Recent up to $135m earn-in deal by Anglo-Gold into Inflection Resources ANGLO-GOLD Kincora an earl
Slide 10: High Conviction, Large Scale Copper-Gold Targets
HIGH CONVICTION, LARGE SCALE COPPER-GOLD TARGETS Strong Pipeline Of Value Catalysts Driven By Drilling Updates And Supported By Corporate Avenues • ~Quarter of Northparkes Igneous Complex: endowment >24Moz AuEq Drilling 5x TRUNDLE • 5 adjacent porphyry system targets over 3.2km mineralised complex o
Slide 11: What Are We/Others Drilling For? Series of Discoveries
WHAT ARE WE/OTHERS ARE DRILLING FOR? Series of Discoveries Examples Of Existing World-class Mines Comprising A Series Or Cluster Of Large Scale Deposits Cadia >50Moz Au Northparkes 5.5Moz Au >9.5Mt Cu 4.5Mt Cu Newcrest CMOC & Sumitomo Big Little Cadia Cadia Cadia is one of the world’s most profitabl
Slide 12: The Next Generation of Discoveries (So Far)
THE NEXT GENERATION OF DISCOVERY’S (SO FAR) Examples Of Recent Exploration Successes Resource 5 adjacent Boda + Kaiser 7.3Moz Au Trundle system Alkane 1.4Mt Cu Kincora targets 14.8Moz AuEq and growing Maiden JORC resource May 2022 for Boda & February 2023 for Kaiser Trundle Park prospect Trundle is
Slide 13: Trundle: Quarter of a World-Class Mining Complex
TRUNDLE: QUARTER OF A WORLD-CLASS MINING COMPLEX Outline Of The Northparkes Igneous Complex, Which Already Hosts Australia’s Second Largest Porphyry Mine Peak Hill AT MINERAL DEPOSITION Rift Basin N TRUNDLE NORTHPARKES TRUNDLE FMG NORTHPARKES . . . . . WESTERN EASTERN MORDIALLOC SECTION SECTION RIMF
Slide 14: Trundle: Why Now?
KINCORA DISCOVERIES AT TRUNDLE: 2020-22 Trundle: Why Now? Multiple Phase, Zoned, Porphyry Intrusive Typical Of The Cadia And/Or Northparkes Series/Cluster Of Deposits 40% of discoveries at Northparkes are economic 3 Kincora discoveries so far Southern Extension Zone (SEZ): Hole TRDD032: 34m @ 1.45g/
Slide 15: Northparkes Igneous Complex: 2023 Drilling Activities
NORTHPARKES IGNEOUS COMPLEX: 2023 DRILLING ACTIVITIES Eastern Section - Hosts The Northparkes Mine: >24moz AuEq Mineral Endowment. Western Section - Currently The Focus Of Significant Drilling Activities: Location Of 2023 Drill Pads VALLEY Trundle township Highlights Of Kincora’s First Ever Holes In
Slide 16: Initial Kincora Results from 2023 Drilling
INITIAL KINCORA RESULTS FROM 2023 DRILLING First Drill Holes Into Three Prospects At The Trundle Project Have Intersected Significant Zones Of Mineralization At Shallow Depths (a) (b) Dunn’s North Hole TRDD035* (from 77.5m): 12.5m @ 2.77g/t Au, incl. 2m @ 14.2 g/t Au Multiple phase complex with porp
Slide 17: Northparkes 4.5km: Current Phase Tests Scale Potential
N Geochemical Footprints CURRENT PHASE TESTS SCALE POTENTIAL & Series Of Deposits Kincora Is Drilling 5 Adjacent System Targets Across A 3.2km Mineralized And Magnetic System Complex. Neighboring Explorers Also Drill Testing Strike Potential. Significant Coincident Mineral Footprints And Magnetic Bi
Slide 18: Drilling Follows Up Open Ore Grades
DRILLING FOLLOWS UP OPEN ORE GRADES Program Commenced Testing Porphyry Targets Following Up Shallow Open Ore Grades With The One Deep Target Subsidised By A NSW Government Co-operative Funding Grant Long section S Southern Extension Zone Eastern Zone NE Gold Zone Dunn’s South Dunn’s North N Open TRD
Slide 19: Botfield Uplifted to the Southern Extension Zone
BOTFIELD UPLIFTED TO THE SOUTHERN EXTENSION ZONE Large Magnetic Complex Coincident With Shallow Copper-gold And Chargeability Anomaly Is Indicative Of A Large Untested Skarn &/Or Porphyry Complex. Priority follow up planned into the up-dip and core of the system. Cross Section Botfield W SEZ E Histo
Slide 20: Consolidated the Condobolin Mineral Field
CONSOLIDATED 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 Co
Slide 21: Investment Opportunity
INVESTMENT OPPORTUNITY HIGH IMPACT PHASE 13 DISCOVERY HIGH CONVICTION OF DRILLING ONGOING: OPPORTUNITIES TARGETS Right Right Right Team Place Time . . . For new globally significant copper-gold discoveries TRDD037 @ 131.3-131.5m 22
Slide 22: Appendix
APPENDIX 23
Slide 23: Footnotes
FOOTNOTES SHARE REGISTER SUMMARY Slide 4 Market Cap: based on 166.5m total shares (47.3m TSXV / 119.2m ASX issued). Share price as at March 17th, 2023 Other TSXV Transferred to Cash: as at Dec 31st, 2022, excluding 2nd tranche of Dec’22 placement (A$832k) which was received in March 2023. ASX CDIs s
Slide 24: High Conviction – Results Driven
HIGH CONVICTION – RESULTS DRIVEN Validating And De-risking Targets Towards Tier-1 Scale Copper-gold 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 Belt scale positions c
Slide 25: Why Discovery Drilling?
WHY DISCOVERY DRILLING? The Discovery Of A New Globally Significant Copper-gold Deposit Generates Significant Shareholder Returns Through The Cycle >20x return for a large scale copper-gold porphyry discovery SolGold case study: Alpala porphyry deposit discovery at the Cascabel project in Ecuador (w
Slide 26: Divesting Mongolian Portfolio
DIVESTING MONGOLIAN PORTFOLIO Large-tonnage JORC Resource On Small Portion Of One Of 3 Underexplored Porphyry Complexes. Corporate Strategy To Divest Or Seek JV Funding Partner To Extract Appropriate Value 100% interest in one of the largest land positions in the world- class Southern Gobi copper-go
Slide 27: Kincora Copper
Sam Spring President & CEO @KincoraCopper Kincora Copper Limited KINCORA COPPER sam.spring@kincoracopper.com Melbourne: +61431 329 345 www.kincoracopper.com Kincora Copper Limited – KCC : ASX & TSX-V 28