Coda Minerals Ltd · ASX:COD
Coda Minerals — RRS Gold Coast (September 2026)
24 slides from Coda Minerals's conference presentation, Sep 9, 2026
Slide 1: Coda Minerals Investor Presentation
For personal use only ASX COD Coda Minerals Investor Presentation RRS Gold Coast September 2026
Slide 2: Important Notices
ASX COD Important Notices Nature of this document: The purpose of this presentation is to provide general information about Coda Minerals Limited (ACN 625 763 957) (the ‘Company’). Unless otherwise stated herein, the information in this presentation is based on the Company’s own information and esti
Slide 3: Video Presentation
ASX COD VIDEO PRESENTATION For personal use only A video presentation accompanying this pack is available to view online on our website. https://codaminerals.com/
Slide 4: Rapidly Advancing PFS
SOUTH AUSTRALIA OLYMPIC DAM STAGE ELIZABETH OAK DAM WEST CARRAPATEENA Rapidly Advancing PFS CREEK NPV7 (Pre-Tax) :2.3B & IRR: 56% For personal use only TEAM PORT AUGUSTA Experienced Board >17 Project Experience LOCATION South Australia Supportive jurisdiction, low sovereign risk ADELAIDE SOLID FOUND
Slide 5: Coda's Copper Portfolio
ASX:COD ELIZABETH CREEK Total Area: 701 km2 EMMIE BLUFF CODA’S COPPER PORTFOLIO (FLAGSHIP) Underground Deposit 65.5Mt @ 1.6% CuEq For personal use only EMMIE DEEPS ~ 400m depth Iron Oxide Copper Gold (IOCG) Underground Deposit ~ 800m depth > 1 Million Tonnes of CuEq WINDABOUT Open Pit Deposit JORC R
Slide 6: Corporate
ASX COD CORPORATE $0.12 427M $51M $10.8M Share Price Ordinary Shares Market Capitalisation Cash and Equivalents For personal use only 3 Sept 2026 3 Sept 2026 3 Sept 2026 30 June 2026 Experienced Board & Management Discovery to Project delivery, exploration, studies and corporate 200+ 25+ development
Slide 7: The Proposition
TH E PR OPO SITIO N ASX:COD A long-life copper-silver deposit to make finished metal in one plant, next door to BHP. For personal use only T H E R E SO U R C E TH E C HE M IS T RY TH E A DD R E S S THE VALUE 706kt Cu ~95% Cu South A$2.25Bn 28Moz Ag ~98% Ag Australia Contained in a 65.5Mt@1.6% Whole-
Slide 8: Why the PFS Matters
ASX:COD WHY THE PFS MATTERS For personal use only PFS VALUE UPLIFT TIMING De-risking the pathway to Potential valuation catalyst Supportive market environment development ❖ Most fundamental step on the ❖ Peers have demonstrated ❖ Copper & Silver at road to commercialisation significant value uplift
Slide 9: Location & Approvals
ASX:COD LOCATION & APPROVALS Tier 1 Jurisdiction OLYMPIC DAM - BHP OAK DAM WEST - BHP 114KM NN For personal use only 16KM NE ❖ South Australian - Low sovereign risk CARRAPATEENA - BHP ❖ 4th Place on the Fraser Institute Global 40KM EAST Risk Rankings Infrastructure Access ❖ Access via established hi
Slide 10: Simple Mining – Open Pit and 400m Underground
ASX:COD SIMPLE MINING – OPEN PIT AND 400M UNDERGROUND Open Pits MG14 WINDABOUT For personal use only ❖ MG14 - 1.3Mt @ 1.9% CuEq Production Target ❖ WINDABOUT - 6Mt @ 1.7% CuEq Production Target ❖ Provides early revenue Flagship Underground EMMIE BLUFF ❖ EMMIE BLUFF - 32Mt @ 1.8% CuEq Production Targ
Slide 11: Shallow by Global Standards
ASX:COD Shallow by Global Standards Emmie Bluff: For personal use only ❖ Shallower depth ❖ Larger average mined thickness; and ❖ Lower throughput than is achieved at similar deposits worldwide Upper Lower Average Avg Mined Project Nation Mining Mining Productivity Thickness Depth Depth (MTPA) Emmie
Slide 12: The Breakthrough – When Chemistry Changes Everything
ASX:COD TH E B RE AK TH R O UGH — WH EN CH EM IS TR Y CH A NGE S EVE RY TH ING What if we dissolved it instead? PREVIOUS FLOWSHEET: Flotation → Concentrate → Albion For personal use only Two plants, fine grind, intermediate concentrate, cobalt circuit. Bulk-float testwork returned ~83–94% recoveries
Slide 13: Scoping Study: Elizabeth Creek
SCOPING STUDY NPV7 Pre-Tax NPV7 Pre-Tax A$2.25Bn ELIZABETH A$3.46Bn For personal use only Pre-Tax IRR Pre-Tax IRR 56% CREEK 76% NPV7 Post-Tax NPV7 Post-Tax A$1.52Bn A$2.38Bn Post-Tax IRR Post-Tax IRR 43% 60% Revenue Revenue A$8.98Bn A$11.11Bn BASE CASE 15.5 Mine Life Production SPOT PRICE 29 Cu $10,
Slide 14: PFS Workstream & Pathway to Development
PFS WORKSTREAM & PATHWAY TO DEVELOPMENT PFS Program – Near-Term Catalysts For personal use only ✓ Complete In Progress Upcoming . Scoping Study Update Updated MREs PFS Level Mine Plan Drilling Program Metallurgy & Flowsheet Base Process Engineering Case to PFS Standard Scoping Report Gazetted Maiden
Slide 15: Appendices
For personal use only Appendices
Slide 16: Appendix A: Statements
APPENDIX A: STATEMENTS Mineral Resources Mineral Resources and Exploration Targets For personal use only 1. MG14 Indicated Mineral Resource: The information is extracted from the report entitled "Confirmation Statements JORC" created on 26th October 2020 and is avai lable to view at: https://cdn-api
Slide 17: Appendix A: Competent Person Statement
APPENDIX A: STATEMENTS Competent Person Statement Competent Person Statement for JORC 2012 Mineral Resources - MG14 & Windabout For personal use only This report was prepared in accordance with the 2012 Edition of the ‘Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore
Slide 18: Appendix B: Mineral Resources
APPENDIX B: MINERAL RESOURCES Aggregated Mineral Resources at Elizabeth Creek OPEN PIT Proposed Tonnage Cut-off Copper Cobalt Silver Zinc Copper Equivalent For personal use only Resource Category Type Mining Mt Grade Grade Contained Grade Contained Grade Contained Grade Contained Grade Contained Met
Slide 19: Appendix C: Metal Equivalent Calculations
APPENDIX C: METAL EQUIVALENT CALCULATIONS Statement Regarding Metal Equivalent Calculations Metal Equivalent grades are quoted for one or more of the Emmie Bluff, Windabout and MG14 Mineral Resources, or for exploration results considered by the company to be related directly to one of these Miner a
Slide 20: Appendix C: Metal Equivalent Calculations (continued)
APPENDIX C: METAL EQUIVALENT CALCULATIONS Statement Regarding Metal Equivalent Calculations (continued) The calculation of this metal equivalent is based on the following assumptions: For personal use only Metal Mining Dilution % Recovery % Payability % Forecast Price Price Unit Recovery % Copper 0.
Slide 21: Appendix D: Statements & References
APPENDIX D: STATEMENTS & REFERENCES Production Targets – Listing Rule 5.19.2 For personal use only In relation to any Production Target or any forecast financial information based on any Production Target quoted or referenced in this announcement, the Company confirms that all material assumptions u
Slide 22: Appendix E: Board of Directors & Senior Management
APPENDIX E : BOARD OF DIRECTORS & SENIOR MANAGEMENT Keith Jones Susan Park NON-EXECUTIVE CHAIR COMPANY SECRETARY For personal use only Chartered Accountant and senior mining industry leader with over 40 years of Over 25 years’ experience in the corporate finance industry and extensive corporate advi
Slide 23: Appendix F: Comparable Underground Copper Projects Data
APPENDIX F : COMPARABLE UNDERGROUND COPPER PROJECTS DATA Avg Mining Other Mine Name Company Project Status Location Thickness Depth Source Thickness Sources For personal use only Lubin KGHM Operating Poland 1.5-5.5m 2.8m 368-1006m https://kghm.com/sites/kghm2014/files/mrmr_english.pdf Polkowice- KGH
Slide 24: For personal use only
For personal use only 6 Altona Street West Perth WA 6005 08 6270 6331 info@codaminerals.com