Kincora Copper Limited · TSXV:KCC
Kincora Copper — Investor Presentation (July 2026)
36 slides from Kincora Copper's investor presentation, July 2026
Slide 1: Multiple Pathways to World-Class Gold-Copper Discovery in Australia
ASX: KCC · TSXV: KCC Multiple Pathways to World-Class Gold-Copper Discovery in Australia JULY 2026 www.kincoracopper.com 1
Slide 2: Corporate Overview
KINCORA COPPER CORPORATE OVERVIEW Kincora is an institutional-grade gold-copper explorer with a district-scale portfolio across Australia's premier mining jurisdictions Our hybrid prospect generator model delivers multiple discovery opportunities with enhanced leverage to exploration success assembl
Slide 3: Corporate Snapshot
KINCORA COPPER Differentiated Hybrid Prospect Generator Model Leverages “traditional” and “next generation” geoscience via partner-funded and self-funded exploration to maximize discovery potential while preserving shareholder capital and minimizing dilution Industry-Leading Technical Team Proven le
Slide 4: Hybrid Prospect Generator Model
KINCORA COPPER +$100M +$10M potential third-party in partner-funded WHY INVEST asset level investment exploration since late 2024 Hybrid Prospect Generator Model With Further Deals to Increase Scale +20,000m +$600,000 received in drilled across 7 licenses management fees Strategic Benefits Prospect
Slide 5: Sole Funded Exploration
KINCORA COPPER Divesting Mongolian projects to recognize value, generate cash, recycle cash and streamline focus to core NSW portfolio CORPORATE OVERVIEW Sole Funded Exploration Focused Value Add Strategy Southern Gobi field camp, Mongolia Divesting project to generate cash and recognize value - Mon
Slide 6: Kincora Portfolio
KINCORA COPPER OUR PROJECTS Kincora Portfolio ASX: KCC · TSXV: KCC 6
Slide 7: Capital Structure Snapshot
KINCORA COPPER CORPORATE OVERVIEW Capital Structure Snapshot 47.6M $40M Shares / CDIs on issue Undiluted market cap Compact share count helps preserve Current capitalisation reflects a upside per discovery still-early discovery rerating opportunity. $0.85 >$13M Share price Cash on hand As of July 10
Slide 8: Board & Management
KINCORA COPPER Sam Spring Peter Leaman PRESIDENT & CEO, DIRECTOR, VP EXPLORATION, TECHNICAL COMMITTEE TECHNICAL COMMITTEE LEADERSHIP Board & Management John Holiday Cameron McRae NON-EXECUTIVE DIRECTOR, INDEPENDENT NON-EXECUTIVE CHAIR TECHNICAL COMMITTEE CHAIR, DIRECTOR Industry leading technical te
Slide 9: Advisory Board
KINCORA COPPER Kaitlin Taylor INVESTOR RELATIONS LEADERSHIP Advisory Board Specialist firepower Jeff Phillips Brent Cook STRATEGIC ADVISOR ECONOMIC GEOLOGY beyond the boardroom JUNIOR RESOURCE SECTOR EXPLORATION ANALYSIS The advisory board extends Kincora’s reach across exploration acceleration, ass
Slide 10: Kincora Portfolio
KINCORA COPPER Kincora Portfolio Project Partner Status News / Results Third Party Funding Management Fee Income Northern Junee-Narromine Belt Drilling Rolling AngloGold Ashanti 10% of expenditure Condobolin 100% Owned Drilling 3Q'2026 — — Wongarbon Drilled 3Q'2026 Government Grant — Cowal East Grav
Slide 11: Condobolin Project
KINCORA COPPER COBAR BASIN Condobolin Project ASX: KCC · TSXV: KCC 11
Slide 12: Consolidation accelerating in the Cobar District
DISTRICT PROJECTS Consolidation accelerating in the Cobar District High-grade gold rich critical mineral deposits Under-utilized infrastructure/mills Active M&A MATURE MINES – Initial focus of recent M&A Active since 1870 - Long plant capacity/Short ore • Harmony’s A$1.6b acquisition of MAC Copper •
Slide 13: Condobolin project
KINCORA COPPER COBAR BASIN Condobolin project L O C A TI O N SI ZE STA G E FU NDI NG B Y C A TA L YST Cobar Basin 242km² Brownfield Kincora Drilling TA R G E TS District scale historical mining field - Meritilga, Phoenix and Tilga targets • Near surface high-grade epithermal gold, silver-base metals
Slide 14: Historic shallow mining field
CONDOBOLIN PROJECT Historic shallow OBSTACLE INTO OPPORTUNITY Easy exploration by modern standards Water previously impeded mining & exploration efforts mining field MERITILGA TARGET: DISCOVERY HOLE Anomalous soil geochemistry zonation 4m @ 20g/t Au, 0.26% Cu, supports a much larger mineralised 30.2
Slide 15: Offering grade and scale
CONDOBOLIN PROJECT Offering grade and scale First systematic drilling in over a decade Shallow high-grade intervals yet to be followed up STRONG RESULTS NOT FOLLOWED UP FROM PREVIOUS PHASE OF DRILLING Blind high-grade gold discovery at Meritilga • 4m @ 20g/t Au & 30.2g/t Ag from 75m; incl 1m @ 62g/t
Slide 16: Latest Phase of Exploration Made the Meritilga Discovery
CONDOBOLIN PROJECT KINCORA COPPER Latest Phase of Exploration Made the Meritilga Discovery Condobolin project - Meritilga target open down dip and long strike Kincora (KCC.ASX/TSXV) CSA Mine Achilles discovery Examples of $1.6 billion takeover of MAC Copper >$44 million mkt cap Cobar Basin systems H
Slide 17: High-Impact Drilling Commenced at Meritilga
CONDOBOLIN PROJECT High-Impact Drilling SIGNIFICANT GROWTH OPPORTUNITY Down-dip, on strike and new coincident geochemical/geophysical targets Commenced at Meritilga Width of the section: 60m References provided in the Appendix ASX: KCC · TSXV: KCC 17
Slide 18: Porphyry Projects
KINCORA COPPER MACQUARIE ARC Porphyry Projects ASX: KCC · TSXV: KCC 18
Slide 19: Australia's foremost porphyry district
BELT HIGHLIGHTS DISTRICT PROJECTS >160Moz gold equivalent inventory within relatively mature out/sub-cropping intrusive complexes to the south Australia’s foremost • Largest intrusive complexes of the Macquarie Arc maybe untested under cover to the north >$16b in M&A for producing assets porphyry di
Slide 20: Northern Junee-Narromine Belt (NJNB) project
KINCORA COPPER PORPHYRY PROJECTS Northern Junee-Narromine Belt (NJNB) project L O C A TI O N SI ZE STA G E FU NDI NG B Y C A TA L YST Macquarie Arc 2,359km² Greenfield AngloGold Drilling Ashanti Nyngan license TA R G E TS Nevertire, Nevertire South, Nyngan, Nyngan South & Mulla licenses • Epithermal
Slide 21: NJNB Project
KINCORA COPPER NJNB PROJECT NEW PROVINCE SCALE IMMEDIATE TARGET / FIRST INTRUSIVE COMPLEX UPGRADED Section on slide 22 Ongoing drilling at Nevertire South References provided in the Appendix ASX: KCC · TSXV: KCC 21
Slide 22: Geological characteristics required for multiple discoveries
KINCORA COPPER NJNB PROJECT Geological Suggestive of increasing proximity to system core(s) characteristics required for multiple Nevertire target discoveries Long Section on slide 21 SAME SCALE Cadia Ridgeway deposit References provided in the Appendix ASX: KCC · TSXV: KCC 22
Slide 23: Wongarbon project
KINCORA COPPER PORPHYRY PROJECT Wongarbon project L O C A TI O N SI ZE STA G E FU NDI NG B Y C A TA L YST(S) Macquarie Arc 156km² Greenfield NSW Govt, Fleet Space, Drilling Kincora Geophysics TA R G E TS • Porphyry related copper-gold • Epithermal gold-base metal style mineralization Exploration Con
Slide 24: Cowal East project
KINCORA COPPER PORPHYRY PROJECT Cowal East project L O C A TI O N SI ZE STA G E FU NDI NG B Y C A TA L YST(S) Macquarie Arc 101km² Brownfield Kincora Geophysics Atomionics New partnership TA R G E TS • Epithermal gold-base metal style mineralization • Porphyry related copper-gold Historic / Nearby P
Slide 25: Fairholme project
KINCORA COPPER PORPHYRY PROJECT Fairholme project L O C A TI O N SI ZE STA G E FU NDI NG B Y C A TA L YST(S) 112km² Independent reviews, Macquarie Arc Brownfield Kincora Geophysics / target refinement, +78km2 Drilling, application New partnership TA R G E TS • Epithermal gold-base metal style minera
Slide 26: Trundle project
KINCORA COPPER PORPHYRY PROJECT Trundle project L O C A TI O N SI ZE STA G E FU NDI NG B Y C A TA L YST(S) Independent reviews Macquarie Arc 167km² Brownfield Kincora Geophysics / target refinement Drilling, New partnership TA R G E TS • Epithermal gold-base metal style mineralization • Porphyry and
Slide 27: Cundumbul project
KINCORA COPPER PORPHYRY PROJECT Cundumbul project L O C A TI O N SI ZE STA G E FU NDI NG B Y C A TA L YST(S) Target refinement Macquarie Arc 35km² Greenfield Kincora New partnership TA R G E TS • Porphyry related copper-gold Historic / Nearby Production Kincora Strategy • Located within the same vol
Slide 28: Why Invest?
KINCORA COPPER KINCORA COPPER Discovery potential with Why Invest? disciplined capital exposure Au-Cu Tier-1 01 02 Exposure to Tier-1 Gold-Copper Districts Proven Discovery Team Hybrid Near-term Strategic land position within Australia’s premier mining Leadership and technical expertise with a demon
Slide 29: Important notices
KINCORA COPPER Important notices DISCLAIMER Certain disclosure may constitute "forward-looking statements”. In making the forward-looking statements, Kincora Copper Limited (ARBN 645 457 763)(“Kincora” or the “Company”) has applied certain factors and assumptions that the Company believes are reason
Slide 30: References
KINCORA COPPER References The Company confirms that it is not aware of any new information or data that materially affects the information included in the original market announcements, and that all material assumptions and technical parameters have not materially changed. Kincora also confirms that
Slide 31: References
KINCORA COPPER References Metal Endowment disclosed on slides 6, 12, 19, 20 & 23-27 per MinEx Consulting report for Kincora and publicly available data Slide 7: “Corporate Overview, Capital Structure Snapshot” section Share price: as at COB July 10, 2026 on the ASX Cash: as at March 31, 2026 (see Ma
Slide 32: Appendix
KINCORA COPPER APPENDIX ASX: KCC · TSXV: KCC 32
Slide 33: Increasing M&A, earn-in's & discovery
DISTRICT PROJECTS KINCORA COPPER Increasing M&A, earn-in’s & discovery MACQUARIE ARC Australia’s foremost porphyry belt • Newmont buys Newcrest (flagship Cadia) • Evolution buys 80% of Northparkes ($720m) • Evolution post buying Cowal: >3x the resource (175,000m program ongoing), expands production
Slide 34: Leverage to the upside
PROSPECT GENERATOR MODEL KINCORA COPPER Leverage to the upside CASE STUDIES Historic success stories MODERN DAY Porphyry examples ~C$1b >130x US$365m >15x ~£1.5b >20x >C$50m >5x >C$60m >5x >C$330m >8x Takeover Takeover Mkt Cap Mkt Cap Mkt Cap Mkt Cap Arequipa Resources Reservoir Minerals Greatland G
Slide 35: Reduced Risk Profile
KINCORA COPPER PROSPECT GENERATOR MODEL: Reduced Risk Profile FINANCIAL STRUCTURE COMPARISON RISK PROFILE COMPARISON ASX: KCC · TSXV: KCC 35
Slide 36: Contact Us
CONTACT US Sam Spring Kaitlin Taylor President & CEO Investor Relations Time Zone: Australian Eastern Standard Time Zone: North American Eastern Standard sam.spring@kincoracopper.com investors@kincoracopper.com +61 431 329 345 +1778 887 6861 ASX: KCC · TSXV: KCC 36