Slide 1: The Copper Growth Story on ASX - Elizabeth Creek Scoping Study
ASX COD For personal use only The Copper Growth Story on ASX Elizabeth Creek Copper-Cobalt Project Scoping Study
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: Cautionary Statement
Cautionary Statement The Scoping Study referred to in this ASX release has been undertaken for the purpose of initial evaluation of the potential for development of a series of open pit and underground mines and a mineral processing facility at the Elizabeth Creek Copper-Cobalt Project (The “Elizabe
Slide 4: Scoping Study Summary
SCOPING STUDY SUMMARY ASX COD TECHNICALLY AND COMMERCIALLY ROBUST For personal use only Net Revenue Net Cash Flow Early cashflow and low CAPEX compared with peers in the Australian copper space. $5,728 $1,298 EXPOSURE TO COPPER PRICE UPSIDE $ Million $ Million Extreme supply shortages expected in th
Slide 5: Corporate Structure
CORPORATE STRUCTURE ASX COD TOP 5 SHAREHOLDERS (as of 17 March 2023) COD $29.1M For personal use only ASX Code Market Capitalisation Rank Shareholder 9.56% %IC 1 6.20% ANGANG GROUP HONG KONG (HOLDINGS) LTD 5.71% 8.39% TOP 5 SHAREHOLDERS, TOP 20 $0.205 $7.2M 26.44% 2 MR KEITH FRANCIS JONES & MRS JENN
Slide 6: Board of Directors & Senior Management
BOARD OF DIRECTORS & SENIOR MANAGEMENT ASX COD For personal use only Keith Jones Chris Stevens NON-EXECUTIVE CHAIR CHIEF EXECUTIVE OFFICER, DIRECTOR Chartered Accountant and senior mining industry leader with over 40 years of Mineral economist, feasibility and project valuation specialist. Former CE
Slide 7: Elizabeth Creek Project
ELIZABETH CREEK PROJECT OLYMPIC DAM - BHP 114KM NN ASX COD ROXBY DOWNS OAK DAM WEST - BHP For personal use only TIER 1 LOCATION 16KM NE • 701km2 of exploration tenure located approximately WOOMERA CARRAPATEENA - OZ MINERALS 500km north of Adelaide, near the town of Woomera. 40KM EAST • In the heart
Slide 8: Copper Supply Chasm
COPPER SUPPLY CHASM ASX COD For personal use only Supply Constraints • Existing mines are reaching their exhaustion point combined with geopolitical instability in key copper- producing nations impacting short-term supply Forecast • Global supply mined deficit grades up to 9.9 have declined Mt in 20
Slide 9: Elizabeth Creek Scoping Study Results in Detail
For personal use only Elizabeth Creek Scoping Study Results in Detail
Slide 10: Resources and Geology
RESOURCES AND GEOLOGY ASX COD For personal use only EMMIE BLUFF SEDIMENTARY COPPER-COBALT • Zambian-style, Tapley Hill Fm black shale hosted mineralisation • Located in the Stuart Shelf, overlying the Olympic Copper Belt ADDITIONAL PROSPECTIVITY ON THE TENURE WINDABOUT IOCG and additional sediment-h
Slide 11: Mining
MINING ASX COD Emmie Bluff Stope Model OPEN PIT - MG14/WINDABOUT For personal use only Rapid open pit extraction of these deposits will support the operation to achieve nameplate metal production during Emmie Bluff underground ramp-up. 1.3Mt @ 1.78% CuEq 6Mt @ 1.71% CuEq MG14 Production Target Winda
Slide 12: Production Schedule
PRODUCTION SCHEDULE ASX COD Annual Metal Production, Elizabeth Creek For personal use only Mined Production by Mineral Resource Category, Elizabeth Creek 40 4.0 ELIZABETH CREEK SCOPING STUDY 3,500,000 3.50% 35 3.5 Annual Production Co, Zn (kt) and Ag (MOz) 3,000,000 3.00% 30 3.0 Annual Production Cu
Slide 13: Processing flowsheet
FLOTATION TAILS THICKENER TO PROCESS DESLIME CYCLONES WATER PROCESSING O/F U/F TAILINGS STORAGE FACILITY PHASE ONE CONCENTRATE For personal use only MG14 Concentrate Sales (25.3% Cu, 1.5% Co, 248 g/t Ag) U/F SALES FLOTATION FLOTATION CON ACID ACID NEUT (PHASE ONE) THICKENER NEUT THICKENER PHASE TWO
Slide 14: Infrastructure
Possible Borefield Location INFRASTRUCTURE Emmie Bluff ASX COD Emmie Bluff Location For personal use only ROAD AND RAIL • Road access via Stuart and Olympic Highway. Possible Borefield Location • Excellent dirt roads on site including Mt Gunson mine access road and recently completed Oz Minerals Wes
Slide 15: Heritage and ESG
HERITAGE AND ESG ASX COD For personal use only LOW HERITAGE AND ENVIRONMENTAL RISK • No heritage or environmental challenges identified from preliminary environmental surveys or heritage register search. • Strong relationship with the Traditional Owners, the Kokatha People. GREEN ENERGY HOTSPOT • Th
Slide 16: Economic Assumptions
ECONOMIC ASSUMPTIONS ASX COD For personal use only Cu $8,800 USD/t COPPER PRICE DISCOUNT RATE 29 Copper 63.55 $4 USD/lb % 8% Co COBALT 27 PRICE EXCHANGE RATE $60,627 USD/t Cobalt 58.935 $ 0.68 USD:AUD 47 Ag SILVER PRICE $21 USD/oz % FEDERAL CORPORATE TAX RATE Silver 107.87 30% 30 Zn ZINC PRICE SA RO
Slide 17: Economic Outcomes
ECONOMIC OUTCOMES ASX COD For personal use only Net Revenue Net Cash Flow NPV8 (Pre Tax) 317,000 t of Cu at a steady-state average of 25,000 tpa 1 $5,728 $1,298 $570 $ Million $ Million $ Million 14,400 t of Co at a steady-state average of 1,000 tpa 1 Pre-Tax Annual Cash Flow (A$M) 250 1200 Peak Neg
Slide 18: Sensitivity and Upside Case
SENSITIVITY AND UPSIDE CASE ASX COD SENSITIVITY ANALYSIS ($AM) For personal use only 0 300 570 900 1,200 250 0 70% Exchange Rate $45 $1,358 60% 2000 Copper Revenue $124 $1,016 Pre Tax NPV ($A Million) (Price, Recovery or Grade) 50% Processing OPEX $414 $726 Pre Tax IRR 1500 40% Cobalt Revenue $430 $
Slide 19: Upside Opportunities
UPSIDE OPPORTUNITIES ASX COD For personal use only MECHANICAL CUTTING • Ongoing, materially advanced mechanical study cutting at the Emmie Bluff deposit. • Potential to improve mining OPEX, mining rate and cut-off grade, reduce ventilation requirements and better integrate with ore sorting (see belo
Slide 20: Next Steps
NEXT STEPS ASX COD For personal use only SCOPING STUDY PRE-FEASIBILITY STUDY BANKABLE FEASIBILITY STUDY FINAL INVESTMENT DECISION Commencing Pending PFS Pending BFS ✓ Complete Est. Duration 2023-24 Est. Duration 2024-25 Est. Decision 2025 2023 2024 2025 Scoping Study Released PFS Feasibility BFS Stu
Slide 21: With thanks to key consultants and contractors
With thanks to key consultants and contractors For personal use only Crystal Sun Consulting Independent Consulting Mining Engineers Barron Environmental
Slide 22: Appendices
For personal use only Appendices
Slide 23: Appendix A: Statements
APPENDIX A: STATEMENTS Mineral Resources & Competent Person Statement For personal use only Mineral Resources and Exploration Targets 1. MG14 Indicated Mineral Resource: The information is extracted from the report entitled "Mt Gunson Copper-Cobalt Project Update" created on 19 January 2018 and is a
Slide 24: Appendix B: Metal Equivalent Calculations
APPENDIX B: METAL EQUIVALENT CALCULATIONS Statement Regarding Metal Equivalent Calculations For personal use only 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 t
Slide 25: Appendix B: Metal Equivalent Calculations (continued)
APPENDIX B: METAL EQUIVALENT CALCULATIONS Statement Regarding Metal Equivalent Calculations (continued) For personal use only The calculation of this metal equivalent is based on the following assumptions: Metal Mining Dilution % Recovery % Payability % Forecast Price Price Unit Recovery % Copper 0.
Slide 26: For personal use only
For personal use only 6 Altona Street West Perth WA 6005 08 6270 6331 info@codaminerals.com