Koba Resources Limited · ASX:KOB
Koba Resources — Investor Presentation (November 2022)
24 slides from Koba Resources's investor presentation, November 2022
Slide 1: Metals for the EV revolution
Company Presentation November 2022 Metals for the EV revolution Lithium and cobalt projects in North America 1
Slide 2: Capital Structure
Capital Structure Share price Market capitalisation A$0.21 A$13.65m 52 week high $0.32, low $0.10 Koba’s Whitlock Lithium Project is 15km from Shares on issue Cash Canada’s only operating lithium mine, Tanco. 65.0m A$2.5m Share price performance As at 30 September 2022 Announcement 0.25 Performance
Slide 3: Strong Board and technical team
Strong Board and technical team Extensive USA experience Mike Haynes Ben Vallerine Scott Funston Ian Cunningham Non-Executive Chairman Managing Director Non-Executive Director Company Secretary • 30 years’ experience in international • Geologist with over 20 years’ experience • Chartered Accountant
Slide 4: Lithium and cobalt projects in North America
Lithium and cobalt projects in North America. MANITOBA Whitlock Project Colson Project Lithium Cobalt-Copper Elkhorn Project Panther Project Cobalt-Copper Cobalt-Copper IDAHO Blackpine Project Cobalt-Copper NEVADA Goodsprings Project Copper-Cobalt 4
Slide 5: Whitlock Lithium Project
Whitlock Lithium Project Adjacent to Canada’s only operating lithium mine Located immediately along strike from the Tanco Lithium Mine. • Canada’s only operating lithium mine where 1991 reserves comprise: o 7.3Mt @ 2.76% Li2O. • Early mover advantage for ASX explorer in the Manitoba Lithium space. 5
Slide 6: Whitlock Lithium Project, Canada
Whitlock Lithium Project, Canada Surrounded by significant lithium deposits 41.8Mt @ 1.53% Li2O PAK Project Frontier Lithium MANITOBA 1.1Mt @ 1.51% Li2O Whitelock Li project ONTARIO Mine Deposit Irgon Mine 3.6Mt @ 1.28% Li2O Quantum Minerals Bird River Whitlock Lithium 9.9Mt @ 1.04% Li2O Greenstone
Slide 7: Whitlock Lithium Project
Whitlock Lithium Project Adjacent to Canada’s only operating lithium mine 3.6Mt @ 1.28% Li2O 1.1Mt @ 1.51% Li2O Donner Lake Irgon Mine Whitelock Li project In addition to the Tanco Mine, Grid Metals Corp Quantum Minerals Mine Deposit there are several other Pegmatite resources in close proximity, Bi
Slide 8: Whitlock Lithium Project
Whitlock Lithium Project Ryerson Claim Group Extensive network of mapped pegmatites. • No drilling ever undertaken around the mapped pegmatites in the southeast. • Exploration crew currently on site: o Investigating and sampling mapped pegmatites. o Investigating sites where previous drilling has in
Slide 9: Whitlock Lithium Project
Whitlock Lithium Project Anson Claim Group Geological unit that hosts the mineralisation at Tanco extends into the Anson Claim Group. • Never drilled for lithium. • Pegmatites mapped immediately south of the block. • These pegmatites expected to extend north onto Koba’s claims. Geology map of the we
Slide 10: Whitlock Lithium Project Forward work plan
Whitlock Lithium Project Koba geologists assessing outcropping pegmatites at the Whitlock Lithium Project, November 2022 Forward work plan Initial field program now underway. • Geological team investigating areas of key initial interest, including mapped pegmatites within project area. • Future work
Slide 11: New Opportunities
New Opportunities Koba geologists assessing outcropping pegmatites at the Whitlock Lithium Project, November 2022 Koba continues to assess new opportunities in the lithium, cobalt and battery metal space in North America and Australia. 11
Slide 12: High grade cobalt projects in the USA
High grade cobalt Colson Project Co-Cu projects in the USA Elkhorn Project Panther Project Co Co-Cu Boise Blackpine Project Co-Cu IDAHO Focus on the Idaho Cobalt Belt, the NEVADA western world’s premier cobalt district. Reno • The Blackpine Project is located 15km from Jervois’ Idaho Cobalt Operatio
Slide 13: Cobalt: Demand outpacing supply
Cobalt Demand outpacing supply Cobalt metal (equivalent) Cobalt prices Tonnes per annum US$/tonne March 2018 May 2022 ~US$95,000/tonne ~US$82,000/tonne 400K 90k January 2021 ~US$33,000/tonne 300K 70k 200K 50k 100K 30k Nov 2022 ~US$52,000/tonne 0 0 2016 2018 2020 2022 2024 2026 2028 2030 2014 2016 20
Slide 14: Idaho Cobalt Belt
Idaho Cobalt Belt UNITED STATES The western world’s premier Colson Project Co-Cu cobalt district Elkhorn Project LEGEND High-grade resources where Co cobalt is the primary metal of Panther Project Apple Creek Formation economic importance. Co-Cu Salmon Historical Prospect Historical Mine Fault IDAHO
Slide 15: Blackpine Project soil geochemistry
Cobalt in soil geochemistry – Blackpine Project Blackpine Project Cobalt-Copper Located 20km from Jervois’ Idaho Cobalt Operation, where mining started October 2022. • Strong cobalt-copper-gold geochemical soil anomalism over 5km of strike. • High-grade cobalt, copper and gold mineralisation interse
Slide 16: Blackpine Project
Cross section through the Swift Prospect Blackpine Project Swift Prospect Includes the historical Blackpine Mine that produced ~6,000 tons of ore grading 2% copper. • High-grade Co &Cu mineralisation over 500m. • 83 holes have been drilled; better drill results include: 16 • 12.2m @ 2.80% Cu & 0.43
Slide 17: Blackpine Project
Blackpine Project Regina Prospect Extremely high-grade cobalt-copper grades intersected in previous drilling. • Co-Cu-Au soil anomaly >500m long. • 13 historic holes for 2,608.9m. • Drilling results include: o 0.15m @ 4.79% Co & 4.00 g/t Au from 82.1m; o 6.2m @ 0.61% Co & 6.4 g/t Au from 77.4m; o in
Slide 18: Blackpine Project
Blackpine Project High priority IP targets Multiple, strong, undrilled chargeability anomalies delineated over 4km of strike. • IP anomalies coincident with strong cobalt-copper soil anomalism, hence, they are high-priority drill targets. • Applications have been submitted for drilling at the highes
Slide 19: Colson Project
Colson Project Cobalt-Copper Centred on the historic Salmon Canyon mine that produced several hundred tonnes of cobalt-copper-gold ore intermittently between 1964 and 1979. • Results from underground sampling include: o 2.5m @ 0.59% Co, 5.33% Cu, & 2.24 g/t Au; o 1.3m @ 0.35% Co, 6.16% Cu, & 2.54 g/
Slide 20: Colson Project
Colson Project Cobalt-Copper Two holes drilled for 986.6m with assays pending. • Drilling in 2022 targeted strong IP anomalies coincident with strong cobalt-copper soil anomalism, including: • Long Tom Prospect. IP anomalies at the Colson Cobalt-Copper Project o 700m x 700m strong IP anomaly. o >2km
Slide 21: Forward Work Plan
Nov 2022 December January 2023 February March April May June July August Whitlock Lithium Project Pegmatite sampling Data review and target generation for extended mapping and sampling Grant of claims Sampling results Detailed mapping, sampling and drill target generation Apply for drill permits Dri
Slide 22: Disclaimer
Disclaimer Cobalt for the EV revolution This presentation prepared by Koba Resources Limited (“Company”) does not purport to contain all the implied, is made by the Company, or any of its directors, officers, employees, advisers or agents that any information that a prospective investor may require
Slide 23: Appendices
Appendices Unit 25, Level 3, 22 Railway Road Subiaco Western Australia 6008 Phone: +61 8 9226 1356 Email: info@kobaresources.com kobaresources.com 23
Slide 24: Lithium Resources
Lithium Resources Information Sources Tanco Mine - GSWA Mineral Resources Bulletin 22, Chapter 10. Donner Lake Lithium Deposit - Website: International tantalum resources – exploration and mining. https://gridmetalscorp.com/properties/donner-lake-lithium-property (after Manitoba Mineral Inventory Fi
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