Kincora Copper Limited · TSXV:KCC
Kincora Copper — Investor Presentation (June 2013)
28 slides from Kincora Copper's investor presentation, June 2013
Slide 1: Kincora Copper: Commences 2013 Exploration in the Oyu Tolgoi Copper Belt Mongolia
KINCORA COPPER Commences 2013 Exploration in the Oyu Tolgoi Copper belt Mongolia June 2013
Slide 2: Forward-looking statements and qualified person
oS... =... n information reg : d herein may constitute forward- looking statements within the meaning of applicable securities laws. Forward-looking statements may include estimates, plans, expectations, opinions, forecasts, projections nce or other statements that are not statements of fact. Althou
Slide 3: Introduction to Kincora Copper
Introduction to Kincora Copper Company Overview ! Kincora’s ambition is to be the leading listed independent copper junior in the proven and highly prospective Oyu Tolgoi South Gobi porphyry copper belt, via: o Exploration/Development: • 40 holes for 15,809 metres of drilling in 2012 (previous year
Slide 4: Corporate overview
Corporate overview ! Kincora Copper was formed mid-2011 and is listed on the TSX Venture Exchange (KCC) ! Three licenses in the fourth year of a nine year exploration period ! Market Cap C$8 million (202.9m shares @ C$0.04/sh), Convertible Note C$2.5 million (due before Jul’15 with a mandatory conve
Slide 5: Recent Developments
Recent Developments ! Activities in late 2012 confirmed and significantly advanced a number of copper porphyry targets at the flagship Bronze Fox license ! Commencement of planned multi-stage 2013 exploration activities focusing on Bronze Fox ! Comprehensive review of strategy and overhead/administr
Slide 6: 2013 strategy – adding value at the project level whilst remaining funded until 2014
2013 strategy – adding value at the project level whilst remaining funded until 2014 ! Phase 1. A staged program has commenced focusing on refining copper-gold targets o multiple copper porphyry targets already confirmed, many of which have had limited exploration o first phase activities include de
Slide 7: Directors & Management: Realignment optimizes technical, commercial & financial markets experience
Directors & Management: Realignment optimizes technical, commercial & financial markets experience John Rickus Head of Technical Services for Origo Partners with +40 years of mining experience, including 24 years Executive Chairman with Rio Tinto (incl. Technical Services & the Copper Group). Techni
Slide 8: Flagship Bronze Fox license
Flagship Bronze Fox license ! Bronze Fox hosts a large area of lower grade copper and gold mineralisation, open at depth and in every direction with high-grade intersections and new targets continuing to be generated o broad mineralisation and deeper higher grade eg hole F62 +1,000m @ > 0.40% CuEq,
Slide 9: Location: one of the last underexplored frontiers
Location: one of the last underexplored frontiers Oyu Tolgoi South Gobi copper/gold belt is an proven yet underexplored copper porphyry system ! “The Ulaan Khud North discovery reinforces our longstanding belief that with continued exploration there is excellent potential to discover new porphyry de
Slide 10: Location: a large and strategic landholding in an emerging infrastructure and mining region
Location: a large and strategic landholding in an emerging infrastructure and mining region Future phase Phase 1 Phase 2 Open-Pit Mine A number of juniors and majors alike Depth (m) (Southern Oyu Deposits) have a copper presence in the 00 immediate region 500 500 1000 1,000 1500 1,500 2000 2,000 . 2
Slide 11: Kincora licenses and exploration targets
Kincora licenses and exploration targets Focus of late 2012 was determining the potential for higher grade Cu-Au porphyry mineralisation at depth and near surface oxides at the West Kasulu prospect and drilling two previously untested geophysics anomalies at Bronze Fox Priority of Exploration Target
Slide 12: 2012 confirmed targets and focus of 2013 is Bronze Fox
2012 confirmed targets and focus of 2013 is Bronze Fox Infra-Red Spectrum alteration study 2013 phase one primary exploration targets • Drilling results of 2012 further confirm the porphyry Cu/Au Zoom area potential and a possibility of higher grade in West Kasulu !"#$ (“WK”) target zone • The last
Slide 13: Focus of Exploration - West Kasulu prospect (WK)
Focus of Exploration - West Kasulu prospect (WK) Highlights Hole No. Interval (m) Cu Eq (%) Start from (m) BF6 38 0.79 12 BF7 322 0.4 60 inc 32 1 114 BF11 32 0.5 28 BF15 20 0.51 30 BF18 19.5 0.51 56 BF21 96.5 0.4 1.5 BF23 254 0.4 88 BF23 16 1.08 116 RC15 9 0.76 86 F31 106 0.4 surface ! F47 28 0.41 2
Slide 14: Drilling Section – Illustration of a longsection from the West Kasulu prospect
Drilling Section – Illustration of a longsection from the West Kasulu prospect BF BF BF BF BF BF 15 62 31 21 7 23 Kincora Copper | June 2013 14
Slide 15: West Kasulu prospect relative to additional targets and the oxide zone
West Kasulu prospect relative to additional targets and the oxide zone Hole F72, semimassive copper mineralization in hydrothermal alteration zone, with 4% Cu and 0.2g/t Au, 1 me interval. West Kasulu target zone outlined in red Note: CuEq Insert of the above mineralisation. Red dots infill F holes
Slide 16: Summary and Next 6 months
Summary and Next 6 months ! Team: Management and board with proven technical, commercial and financial markets experience, and years of background in Mongolia ! Location: Large strategic position in the proven yet underexplored South Gobi Oyu Tolgoi porphyry belt ! Porphyry and oxide targets confirm
Slide 17: Location: copper porphyry systems typically occur in trends/clusters
Location: copper porphyry systems typically occur in trends/clusters The South Gobi’s geology and tectonic setting is highly prospective for large size mineral deposits ! Porphyry copper systems provide almost 3⁄4 of the world’s copper and 1⁄2 of the world’s molybdenum ! Mid-large scale porphyry sys
Slide 18: Location – One of the world’s fastest developing mining & infrastructure regions
Appendix: Location – One of the world’s fastest developing mining & infrastructure regions The South Gobi has numerous billion dollar plus greenfield mining projects for copper and coal on China’s doorstep increasing M&A appeal and reducing barriers to entry Selected key mining ! Kincora’s projects
Slide 19: Oyu Tolgoi Case Study
Appendix: Oyu Tolgoi Case Study Oyu Tolgoi Oyu Tolgoi discovery ! 1980s: Joint Mongolian—Russian regional geochemical surveys => Moly anomaly in Central Oyu ! 1997: BHP—regional reconnaissance program, geo mapping, stream, soil sediment surveys, magnetic and IP surveys, 6 holes (1,100m) drilled ! 19
Slide 20: Precedent regional development supports a new emerging peer group
Appendix: Precedent regional development supports a new emerging peer group The development of the Pilbara provides an advanced roadmap for regional development and M&A for the OT belt without the significant infrastructure, capital and lead time related barriers to entry = a OT Belt H m|* laapbeate
Slide 21: Timeline of major regional developments
Appendix: Timeline of major regional developments ! Presidential election due June 26, 2013 ! IVN‘discovery hole’ in Jul’01 ! Areva buys East Asia ! Ulann Khud ! Weak coal prices result in curtailment of key ! +C$50m raised by Jan’02. Maiden Uranium. Kerry Holdings discovery - OT export operations i
Slide 22: Timeline of Bronze Fox & Tourmaline Hills
Appendix: Timeline of Bronze Fox & Tourmaline Hills ! 2012 results confirm & advance a number of ! NI 43-101 Technical Report copper porphyry targets at Bronze Fox ! Ivanhoe ! Kincora formed from RTO into ! Internal management changes relinquishes Brazilian Diamonds shell. ! Criminal court matter in
Slide 23: Mongolia’s true copper potential expected to be illustrated
Appendix: Mongolia’s true copper potential expected to be illustrated The face of Mongolia mining is reverting back to a copper destination after a brief period of coal exuberance ! Tax revenue illustrates the importance of copper production to the Mongolian economy with two world-class mines to be
Slide 24: Regional consolidation advances strategic appeal and geological understanding
Appendix: Regional consolidation advances strategic appeal and geological understanding Completed two script deals in the last 18 months with funds to be spent in the ground ! Kincora continues to target advanced copper-gold exploration projects to make the Company the leading independent regional e
Slide 25: Potential initial oxide development project to provide cash flow and proof of concept
Appendix: Potential initial oxide development project to provide cash flow and proof of concept A first phase, small scale oxide development project, if viable, could provide cash flow to be reinvested into further exploration and conversion to a mining license ! Extensive near surface oxide mineral
Slide 26: Kincora Corporate Structure
Appendix: Kincora Corporate Structure * In exchange for 100% of the Origo Partners PLC shares of Golden Grouse, Kincora Other shareholders in Apr’12 issued to Temujin, a and affiliates member of the Forbes & Manhattan Group of Companies, 20 million shares. On closing, Temujin retained 1.5m Kincora s
Slide 27: OT is driving foreign investment & a key barometer for the Chinggis Bonds
Appendix: OT is driving foreign investment & a key barometer for the Chinggis Bonds ,#+-+! !#+#!! The price of the Mongolian Sovereign ,"-'! !#++!! Bond has been closely correlated of late with concerns regarding OT (and the ,"-+! !""!! existing OTIA) and the Turquoise Hills ,*-'! !"*!! share price
Slide 28: Contact