Slide 1: Coda Minerals Investor Presentation IMARC October 2024
For personal use only ASX COD Coda Minerals Investor Presentation IMARC - October 2024
Slide 2: 3D interactive version available online
For personal use only A 3D interactive version of the latest presentation can be found on the Company’s website at https://www.codaminerals.com/blog/imarc-sydney-2024/
Slide 3: Important Notices
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 estimates as
Slide 4: Resource in an exceptional jurisdiction
ASX COD OLYMPIC DAM - BHP 114KM NN ROXBY DOWNS OAK DAM WEST - BHP For personal use only 16KM NE WOOMERA CARRAPATEENA - BHP CODA MINERALS 40KM EAST ELIZABETH CREEK Major Cu-Co Total Area: 701 km 2 Resource in an exceptional jurisdiction N PORT AUGUSTA SOUTH AUSTRALIA with massive upside 0 25 km 50 EL
Slide 5: Corporate, Board of Directors and Senior Management
ASX COD CORPORATE BOARD OF DIRECTORS COD $18M Keith Jones Paul Hallam ASX Code Market Capitalisation NON-EXECUTIVE CHAIR NON-EXECUTIVE DIRECTOR For personal use only 28 October 2024 $0.8 $6.7M Share Price Cash and Equivalents 28 October 2024 Post Cap Raise Completion Robin Marshall Chris Stevens 248
Slide 6: The right asset, the right team, at the right time for copper
ASX: COD CODA MINERALS The right asset, the right team, at the right time for copper For personal use only South Australia – Tier 1, low risk jurisdiction with simplified approvals LOCATION under SA Scoping Process and standout ESG credentials 29 Cu Copper EXPOSURE TO COPPER Over 1Mt Copper Equivale
Slide 7: Coda's Copper Portfolio
Possible Borefield Location Emmie Bluff ASX COD CODA’S COPPER PORTFOLIO Production Target: 31.81Mt @ 1.19% Cu, 0.06% Co (1.81% CuEq) Emmie Deeps JORC RESOURCE SUMMARY Discovery Hole: > 1 Million tonnes contained CuEq EB18, aggregate 35m @ >1% Cu from 797m 1 For personal use only Resource Confidence
Slide 8: Scoping Study
ASX: COD SCOPING STUDY CAPEX • Phased approach to processing will see concentrate NET REVENUE NET CASHFLOW sales from MG14, followed by high value-add For personal use only (A$M) PRE-TAX hydromet processing (A$M) • Early cashflow and staged approach limits Pre- Production CAPEX & Total Financing Req
Slide 9: Emmie East
EMMIE EAST Advanced Advanced Target Target Generation Generation • Extensive geophysical and historical drilling For personal use only EL 6316 (65% BHP, 35% Red Ti ger Resources) provides compelling evidence for growth EL 6518 (100% Coda Minerals) proximal to Emmie Bluff Resource. • Comprehensive su
Slide 10: Oakden
OAKDEN Oakden • Newly acquired tenement ~73km2, Oakden For personal use only (EL6945), provides further exploration potential for Zambian-Style Copper Cobalt OK36 resources 3m @ 1.15% Cu from 39m • Historical drilling intersected Tapley hill mineralisation, OK 36 shows prospectivity EMMIE BLUFF inte
Slide 11: Emmie Deeps – IOCG System
Oak Dam West EMMIE DEEPS – IOCG SYSTEM AD-232: 425.7m @ 3.04% Cu, 0.59g/t Au Carrapateena 900Mt @ 0.56% Cu, 0.24g/t Au, 2.6g/t Ag2 16km N 40km East IRON OXIDE COPPER GOLD (IOCG) • IOCG elephant country – 16km to Oak Dam For personal use only • Emmie Deeps – 5th major Gawler Craton IOCG Emmie Bluff 4
Slide 12: Kinloch
KINLOCH Kinloch Overview • Kinloch project consists of four highly prospective For personal use only tenements situated in the northern Murray Basin covering an area totalling 3,184km 2. • Held with Boss Energy (Coda 25%, Boss 75%) • Proposed mineral rights sharing arrangement entitles Coda to 100%
Slide 13: Copper – The Next Boom
ASX COD Lithium Carbonate – CNY/t COPPER – THE NEXT BOOM Data Source: Grad View Research, Data Bridge Market Research, Business Research Company Trading Economics 700,000 - Prices peaked 2022 following surging EV demand Lithium 600,000 and supply ramp up constraints. only 500,000 - Strong supply res
Slide 14: Copper Supply & Demand
ASX COD COPPER SUPPLY & DEMAND 30 For personal use only 25 The world is facing a looming deficit of up 20 to 10mt per annum of copper by 2035. Mtpa 15 10 Incentive pricing required to bring additional supply online 5 Goldman Sachs: Bank of America: JP Morgan: $15,000 USD/t by $12,000 USD/t by $12,00
Slide 15: Copper's Supply Response
ASX COD COPPER’S SUPPLY RESPONSE Addressing this shortfall will require every solution: Big Projects, Small Projects, Recycling and Substitution For personal use only Advanced Projects like Elizabeth Creek can be nimble and respond quickly to demand signals Low CAPEX Lower barrier to entry compared
Slide 16: Transformational short-term catalysts
ASX COD CODA MINERALS Transformational short-term catalysts For personal use only STATUS WHAT’S NEXT Average Cu Recovery: 66-77% High reward test-work programme June 2024, new oxide collectors demonstrated 12% Results throughout Sept 2024 METALLURGY increase in Cu Recovery Multiple targets identifie
Slide 17: Any Questions?
For personal use only Any Questions?
Slide 18: Appendices
For personal use only Appendices
Slide 19: Appendix A: Statements – Mineral Resources
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 available to view at: https://cdn-api.
Slide 20: Appendix A: Competent Person Statement
APPENDIX A: STATEMENTS Competent Person Statement Competent Person Statement for JORC 2012 Mineral Resources 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 Reserves’ (“JORC C
Slide 21: Appendix B: Metal Equivalent Calculations
APPENDIX B: 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 22: Appendix B: Metal Equivalent Calculations (continued)
APPENDIX B: 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 23: Appendix C: Statements & References
APPENDIX C: STATEMENTS & REFERENCES Production Targets The information in relation to production targets included in this presentation specifically on slide 9 is taken from the Scoping Study published on 14 March 2024. For personal use only The company confirms that it is not aware of any new inform
Slide 24: Appendix D: Board of Directors & Senior Management
APPENDIX D : BOARD OF DIRECTORS & SENIOR MANAGEMENT Keith Jones Chris Stevens NON-EXECUTIVE CHAIR CHIEF EXECUTIVE OFFICER, DIRECTOR For personal use only Chartered Accountant and senior mining industry leader with over 40 years of Mineral economist, feasibility and project valuation specialist. Form
Slide 25: For personal use only
For personal use only 6 Altona Street West Perth WA 6005 08 6270 6331 info@codaminerals.com