Slide 1: Unlocking the Kalahari Copper Belt
For personal use only Unlocking the Kalahari Copper Belt Botswana Africa Down Under | Perth September 2024 ASX: CBE This presentation has been approved by the CEO, Adam Wooldridge
Slide 2: Disclaimer
Disclaimer Not for release to US wire services or distribution in the United States. For full exploration results including relevant JORC Table information and Competent Persons Statements referred to in this Company Presentation, refer to the Company’s announcements This investor presentation has b
Slide 3: Corporate Snapshot
For personal use only 01 Snapshot Corporate
Slide 4: Corporate Structure
Corporate Structure As at 02/09/2024 Capital Structure Shareholder Structure For personal use only Share Price (as at 03/09/24) A$0.070 Shares on Issue 368.2M Strata Investment Holdings Market Capitalisation A$25.8M Holland International Pty Ltd Cash Position (as at 28/08/24) A$2.68* Mitchell Family
Slide 5: Board of Directors
Board of Directors Strong Leadership For personal use only Martin C Holland Adam Wooldridge Dr Ross McGowan Michael McNeilly Michael Addison Andrew Sissian Executive Chairman Chief Executive Officer Non-Executive Director Non-Executive Director Non-Executive Director Non-Executive Director Mr Hollan
Slide 6: Kalahari Copper Belt
For personal use only 02 Kalahari Copper Belt Target drilling, Okavango Copper Project
Slide 7: Why The Kalahari Copper Belt?
Why The Kalahari Copper Belt? In 2023 KCB becomes a copper producing district: Khoemacau Copper Mine and exploration assets sold for 1.9 B$ to MMG 1; For personal use only Sandfire’s Motheo Production hub starts production in record time. KCB remains unexplored and is regarded as one of the world’s
Slide 8: Kalahari Copper Belt – Significant Opportunity Under Cover
Kalahari Copper Belt – Significant Opportunity Under Cover For personal use only ppi oil e io l i esol tio rti l i est ir or e eismic mpli mpli etics etics eoc em i er l stems Copper-silver discoveries in the Kalahari Copper Belt by decade and primary discovery tool >40m cover 8 Perth | Sept 2024 AS
Slide 9: Belt-Scale Opportunity
Belt-Scale Opportunity 100%-ownership of highly-prospective copper and silver exploration tenements in the KCB. Central Basin Opportunity along strike from MMG Second largest tenement For personal use only Development package in the Botswana KCB consisting of four highly strategic project Comet Disc
Slide 10: Explore Big: Three-Pronged Approach to Discovery
03 Explore Big Three-Pronged Identify the next tier 1 deposit with support from For personal use only BHP Xplor Approach Strategic Target Drilling to Discovery Potential for short-term discoveries Development Potential Prove viability for copper- silver extraction using in- situ recovery Seismic Sur
Slide 11: 1. Explore Big: Finding The Next Tier Deposit
1. Explore Big : Finding The Next Tier 1 Deposit Cobre is a cohort for the 2024 BHP Xplor programme For personal use only Big thinking discovery focussed exploration with support from BHP through the 2024 Xplor Programme ➢ Focus on Basin Margins Priority setting for most large sedimentary copper dep
Slide 12: 2. Strategic Target Drilling: Okavango Copper Project
2. Strategic Target Drilling : Okavango Copper Project Drilling Targets along Strike from MMG’s Zone 5 Production For personal use only Strike extension from MMG’s production hub 39% of the remaining unexplored prospective contact, NE KCB 186km of prospective contact Comparable gravity signature to
Slide 13: Strategic Target Drilling: Early Wins
Strategic Target Drilling: Early Wins For personal use only Chalcopyrite Bornite mineralisation from OCP09, all core Bornite mineralisation from OCP09, all core is HQ size is HQ size (63.5mm diameter). Chalcocite mineralisation from drill hole OCP11 (63.5mm diameter). Anomalous Vein Hosted Copper Su
Slide 14: Ngami Copper Project: 3. ISCR Development Opportunity
Ngami Copper Project: 3. ISCR Development Opportunity For personal use only 40km Strike of Copper Silver Mineralisation Consistent chalcocite mineralisation intersected along extensive strike lengths Structurally controlled high-grade intersections include: 9.3m @ 3.4% Cu 10.7m @ 1.3% Cu and 30g/t A
Slide 15: Ngami Copper Project Modelling Highlights
Ngami Copper Project Modelling Highlights Significant Scale and Untested Upside For personal use only The estimates of tonnage and grade for exploration target category are conceptual in nature, there has been insufficient exploration to estimate a Mineral Resource and it is uncertain if further exp
Slide 16: Essential Criteria for In-Situ Copper Recovery
Ngami Copper Project Essential Criteria for In-Situ Copper Recovery For personal use only Mineralisation suitable for Ore Body below Suitable Host Acid Leaching: Water Table: Rock Permeability Fine-grained chalcocite ideal for Water table at 130m to 140m below Detailed fracture logging, AI-driven hy
Slide 17: In-Situ Copper Recovery: Active Pump Tests Prove Hydrogeology
In-Situ Copper Recovery : Active Pump Tests Prove Hydrogeology For personal use only Drilling of injection and monitoring wells into the primary mineralised fracture zone and less permeable hangingwall and footwall completed Injection of water demonstrates amenable permeability of mineralised fractu
Slide 18: Injection/Pumping Testing Proves Hydrogeology
In-Situ Copper Recovery Injection/Pumping Testing Proves Hydrogeology For personal use only 3 1 2 1 2 3 18 Perth | Sept 2024 ASX: CBE
Slide 19: In-Situ Copper Recovery: Ongoing Modelling
In-Situ Copper Recovery : Ongoing Hydrogeological, Metallurgical, Engineering and Financial Modelling For personal use only Completed Gap Analysis – confirms viability of ISCR model Trade-off study – confirms ISCR presents optimal extraction method Ongoing Hydrogeological pumping study provides 3D f
Slide 20: Investment Opportunity
Investment Opportunity Strategic Belt-Scale Land Package For personal use only Opportunity for Tier 1 Discoveries. Opportunity for Near Term Wins through Strategic Target drilling Opportunity for Low OPEX, Low CAPEX Copper-silver ISCR development Top African Mining Jurisdiction: Botswana ranks top 1
Slide 21: Appendix: In-situ Recovery Comparisons
For personal use only Appendix In-situ Recovery Comparisons
Slide 22: In-Situ Recovery Comparisons
In-Situ Recovery Comparisons Taseko Mines Limited Copper Fox Van Dyke Excelsior Gunnison Thor Mining Alford Kapunda Mine Uranium Florence Copper Deposit Copper Deposit 102Mt @ 0.23% 57% 363 mT @ 0.35% Cu (M+I)1 97.6 Mt @ 0.33% Cu 911.6 Mt @ 0.29% Cu 125.6 Mt @ 0.14% Cu Cu3 of the total uranium (Ind)
Slide 23: Contact Us
For personal use only Contact Us www.cobre.com.au info@cobre.com.au His Excellency Mokgweetsi Masisi (President), Hon Lefoko Moagi (Minister of Mines), Her Excellency Ms Dorcas Kobela Makgato (High Commissioner to Australia) with Cobre’s CEO Adam Wooldridge and Chairman Martin Holland at Africa Down