Coda Minerals Ltd · ASX:COD
Coda Minerals — Investor Presentation (December 2024)
29 slides from Coda Minerals's investor presentation, Dec 20, 2024
Slide 1: Coda Minerals Investor Presentation – Scoping Study Update Dec 2024
For personal use only ASX COD Coda Minerals Investor Presentation Scoping Study Update – Dec 2024
Slide 2: 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 3: Coda Minerals South Australia
CODA MINERALS SOUTH AUSTRALIA ASX:COD PROMINENT HILL South Australia – Tier 1, low risk jurisdiction with LOCATION simplified approvals and standout ESG credentials OLYMPIC DAM For personal use only Over 1 Million tonnes contained CuEq in JORC OAK DAM WEST COPPER EXPOSURE 2012 Compliant Resources al
Slide 4: Corporate
ASX COD CORPORATE BOARD OF DIRECTORS COD $17M Paul Hallam Keith Jones ASX Code Market Capitalisation NON-EXECUTIVE CHAIR NON-EXECUTIVE DIRECTOR For personal use only 18 December 2024 $0.07 $6.7M Share Price Cash and Equivalents 18 December 2024 31 Oct 2024 (after costs of raise) 249M Robin Marshall
Slide 5: Elizabeth Creek Copper-Cobalt-Silver Scoping Study
For personal use only ELIZABETH CREEK COPPER-COBALT- SILVER SCOPING STUDY
Slide 6: Key Metrics Scoping Study
ASX:COD KEY METRICS SCOPING STUDY Metallurgical improvements in For personal use only NET REVENUE NET CASHFLOW PRE-PRODUCTION (A$M) PRE-TAX (A$M) CAPEX (A$M) recoveries, additional deposit and $7,574M $2,244M $331M updated macro-economic assumptions results in an 57% increase in post-tax NPV, from ~
Slide 7: Coda's Copper Portfolio
Possible Borefield Location ASX:COD CODA’S COPPER PORTFOLIO Emmie Bluff Production Target: 31.81Mt @ 1.19% Cu, 0.06% Co (1.81% CuEq) Emmie Deeps JORC RESOURCE SUMMARY Discovery Hole: > 1 Million tonnes contained CuEq EB18, aggregate 35m @ >1% Cu from 797m1 For personal use only Resource Confidence C
Slide 8: Processing – Phase One
PROCESSING FLOTATION CON FLOTATION CON THICKENER DESLIME CYCLONES PHASE ONE O/F MG14 Concentrate Sales (26.8% Cu, 1.3% Co, 262g/t Ag) FLOTATION For personal use only Cattle Grid South Concentrate Sales (48.0% Cu, 226 g/t Ag ) Addition of oxide collectors and a U/F second mill-float stage to the flot
Slide 9: Processing – Phase Two
PROCESSING ACID FLOTATION CON NEUT THICKENER ACID NEUT Lime THICKENER PHASE 1 (Previous Slide) PHASE TWO Windabout and Emmie Bluff Downstream Processing For personal use only CCD RAFFINATE OXIDATIVE LEACH RICH ELECTROLYTE Cu CYANIDATION ELECTRO LEAN WINNING ELECTROLYTE Cu CuCATHODE CATHODE PRODUCT P
Slide 10: Mined Production & Cashflow
ASX:COD MINED PRODUCTION & CASHFLOW Mined Production by Mineral Resource Category, Elizabeth Creek Pre-Tax Annual Cash Flow (A$M) 5,000,000 2.50% 500 2,600 4,500,000 2,400 For personal use only 400 2,200 4,000,000 2.00% 2,000 3,500,000 1,800 300 1,600 Cumulative Cashflow (A$M) 3,000,000 1.50% Annual
Slide 11: Sensitivity Analysis
ASX:COD SENSITIVITY ANALYSIS Sensitivity Analysis (+/- 20%) Commodity Price Sensitivity Analysis 3,500 70% $25 $250 $500 $750 $750 $1,000 $1,181 $1,250 $1,500 $1,750 $1,750 $2,000 $2,250 $2,250 0 For personal use only 2,993 Exchange Rate 472 2,244 3,000 60% 2,677 Copper Revenue 596 1,765 2,500 2,362
Slide 12: Infrastructure
Possible Borefield Location INFRASTRUCTURE Emmie Bluff ASX COD Emmie Bluff Location ROAD AND RAIL • Road access via Stuart and Olympic Highway. For personal use only • Excellent dirt roads on site including Mt Gunson mine Possible Borefield Location access road and recently completed Oz Minerals Wes
Slide 13: Heritage & ESG
HERITAGE & ESG ASX COD LOW HERITAGE AND ENVIRONMENTAL RISK • No heritage or environmental challenges identified from For personal use only preliminary environmental surveys or heritage register search. • Strong relationship with the Traditional Owners, the Kokatha People. GREEN ENERGY HOTSPOT • The
Slide 14: Timeline to Production
E L I Z A B E T H CREEK SCO PI NG STUDY 2024 ASX:COD TIMELINE TO PRODUCTION 2025 2026 2027 2028 2029 2029 FEASIBILITY SCOPING STUDY RELEASED For personal use only STUDIES PFS BFS APPROVALS FID CONSTRUCTION CONSTRUCT FLOTATION PLANT CONSTRUCT HYDROMET PLANT PRESTRIP - MG14 PRESTRIP - WINDABOUT CONSTR
Slide 15: Exploration
For personal use only EXPLORATION
Slide 16: Short Term Catalysts
SOUTH AUSTRALIA Short Term Catalysts ASX:COD ELIZABETH OLYMPIC DAM OAK DAM WEST CARRAPATEENA CREEK PROJECT EMMIE BLUFF EXPLORATION - Q1 2025 FLAGSHIP Cu-Co-Ag PORT AUGUSTA KINLOCH PROJECT Underground For personal use only ~ 400m depth EMMIE EAST DRILLING – RESOURCE EXPANSION EMMIE DEEPS ADELAIDE IOC
Slide 17: Emmie East Offers Major Scale Opportunity
ASX:COD EMMIE EAST OFFERS MAJOR SCALE OPPORTUNITY AdvancedTarget Advanced TargetGeneration Generation • Drill targets backed by extensive multi-method For personal use only independent geophysical review, with primary target clear in both seismic and MT. • Coincident anomalism is the gold-standard o
Slide 18: Oakden Advanced Open Pit Target
ASX:COD OAKDEN ADVANCED OPEN PIT TARGET Advanced Target Generation Oakden • Newly acquired tenement ~73km2 prospective For personal use only for more copper-cobalt-silver mineralisation • Historical drilling has intersected copper mineralisation, • Undrilled area of interest extends 2km NW/SE EMMIE
Slide 19: Target Generation to Drive New Open Pit Discoveries
ASX:COD TARGET GENERATION TO DRIVE NEW OPEN PIT DISCOVERIES Advanced Target Geophysics Generation Program • Over low-cost kms airborne electromagnetic For personal use only Windabout exploration planned at Oakden and Canegrass prospects Canegrass • Driving additional open pit- low-cost startup MG14
Slide 20: Emmie Deeps (IOCG)
Emmie Deeps (IOCG) SOUTH AUSTRALIA ASX:COD PROMINENT HILL June 2021 remains unfinished business offering huge potential upside Gawler Craton – Copper Elephant Country OLYMPIC DAM For personal use only - Deep Iron-Oxide Copper-Gold intercepts demonstrate copper-rich OAK DAM WEST ground EMMIE DEEPS CA
Slide 21: Kinloch: Greenfields Exploration, Early but Exciting
SOUTH AUSTRALIA ASX:COD KINLOCH: GREENFIELDS EXPLORATION, PROMINENT HILL EARLY BUT EXCITING OLYMPIC DAM Kinloch Overview For personal use only OAK DAM WEST • Kinloch project consists of four highly prospective tenements situated CARRAPATEENA in the northern Murray Basin covering an area totalling 3,
Slide 22: Appendices
For personal use only Appendices
Slide 23: 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 24: 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 25: 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 Mineral
Slide 26: 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 27: Appendix C: Statements & References
APPENDIX C: STATEMENTS & REFERENCES Production Targets The information in relation to production targets included in this presentation specifically on slide 8 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 28: Appendix D: Board of Directors & Senior Management
APPENDIX D : 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 29: For personal use only
For personal use only 6 Altona Street West Perth WA 6005 08 6270 6331 info@codaminerals.com
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