Kincora Copper Limited · TSXV:KCC
Kincora Copper — Investor Presentation (January 2021)
28 slides from Kincora Copper's investor presentation, Jan 26, 2021
Slide 1: Focus on large scale copper-gold porphyry deposits and associated discoveries
Focus on large scale copper- gold porphyry deposits and associated discoveries Team, Location, Targets Current drilling at the Trundle Park target, Trundle project Lachlan Fold Belt (LFB), NSW, Australia
Slide 2: Disclaimer
The views expressed in this presentation are based on information derived from Kincora Copper Ltd’s (“Kincora”) own internal and publicly available sources that have not be independently verified. No representation or warranty is made as to the accuracy, completeness or reliability of the informatio
Slide 3: Investment opportunity
Investment opportunity Technical team with intimate knowledge of the Lachlan Fold Belt (LFB) and track record of Ambition major discoveries Lead by John Holliday, a foremost expert on LFB porphyries who originated and managed the exploration phases resulting in the discovery of Cadia and also th
Slide 4: Capital structure and shareholder register
Capital structure and shareholder register Listing on the ASX (currently TSXV listed) – Ticker: KCC Board Management HNW + Family Institutions C$15.2m 1,3 70.7m 3 Office Market Cap Issued shares 6.7m options3 Retail C$4.4m 2 (weighted average 50c/sh exercise price) LIM Advisors 17% Cash 38.6m warran
Slide 5: Technical Team
Technical Team ExceptionalBigtrack Cadia record of world-class copper and gold discoveries Cadia Quarry Lead by John Holliday, a foremost expert on LFB porphyries who originated and managed the exploration phases resulting in the discovery of Cadia and also the Marsden porphyry discovery near Cowal
Slide 6: Industry leading team
Industry leading team Discovery team Exploration track record Board Discoveries include: • Cadia Au/Cu (Tier 1) Cameron McRae Technical Committee • Marsden Cu/Au Independent Chairman Sam Spring Peter Leaman • Reko Diq Cu/Au (Tier 1) Remuneration Committee Based in NSW President & CEO, Director Senio
Slide 7: Location
Ridgeway Location Big Cadia World-class belt with world- class mines – looking for the Cadia Quarry next one… Little Cadia Cadia Hill Cadia East Cadia is the largest alkalic porphyry system in the world, and Australia’s largest and Cadia Far East most profitable gold mine 77 Underground resources pr
Slide 8: The Lachlan Fold Belt (LFB)
The Lachlan Fold Belt (LFB) “As an economic geologist … NSW, Lachlan Fold Belt, for copper and gold, is the place to be” Richard Schodde, MinEx Consulting All gold-rich copper deposits in the World, highlighting those found in the last decade … and the 5 current hot spots for Alaska/Yukon exploratio
Slide 9: Macquarie Arc is the sweet spot of the LFB
Macquarie Junee-Norromine Volcanic belt The Macquarie Arc is the sweet Arc Molong Volcanic belt Rockley-Gulgong Volcanic belts spot of the LFB Intrusive Rocks (Ordovician-Early Silurian) Recent to Mesozoic cover Kincora (100%) Mines • World-class porphyry related systems in the LFB sit on the Macqua
Slide 10: Proven exploration models for the LFB
Proven exploration models for the LFB • Priority projects offering world-class potential Conceptual illustration of key deposits Alkalic Porphyry Model – Macquarie Arc following proven exploration models that have Red – Macquarie Arc example (adopted from Alan Wilson 2003) Orange – Other porphyry-as
Slide 11: Targets
Kincora’s Trundle project license boundary 5km Mordialloc drilling Trundle township Northparkes Northparkes mine/deposi deposits and ts mine Trundle Park drilling Targets Northparkes is the 2nd largest porphyry copper mine in Australia Advanced targets offering and the Trundle project sits within th
Slide 12: The Trundle project - a Northparkes repeat?
The Trundle project - a Northparkes repeat? Trundle is the only brownfield porphyry project held by a listed junior in the LFB Conceptual restoration of the Trundle and Northparkes projects (Northparkes endowment 5.5Moz Au & 4.5Mt Cu1) Prospect . Prospect . Now Deposits . At mineral deposition Depos
Slide 13: Trundle project in a prolific mining, infrastructure and agricultural district
The Trundle project is situated in a prolific mining, infrastructure and agricultural district Background: Trundle pub and main street is located within the Trundle exploration license 13
Slide 14: Trundle - two advanced priority targets (so far)
Trundle - two advanced priority targets (so far) Positive results at targets across ~8.5km N-S strike; both targets with significant further strike potential 1km Mordialloc target Broad anomalous surface and down-hole mineralization & favourable alteration; typical hallmarks for close proximity to
Slide 15: Trundle Park - potential ore grade at/near surface
Trundle Park - potential ore grade at/near surface Significant intervals in the skarn with vectors to the targeted intrusive porphyry source TRDD001 – high grade skarn “Central” Trundle Park prospect area – geological model – Surface zone: 51m @ 1.17 g/t Au & 0.54% Cu from 39m – 2nd zone: 18m @ 0.53
Slide 16: Trundle discovery comparable to other major projects
Trundle discovery comparable to other major projects First hole at Trundle up there with other recent significant gold-copper discoveries and shallow Macquarie Arc’s significant contributions on a global stage: Kincora/TRDD001 intervals in orange bubbles and Alkane/KSDD003 in a navy blue bubble Grad
Slide 17: Kincora's project pipeline
Kincora’s project pipeline Priority advanced drill targets in the shadows of head-frames of existing world-class mines Two rigs currently operational at the Trundle project with permitting on-going to drill two further projects Indicative project timelines Indicative project pipeline 1H'21 2H'21 1H'
Slide 18: The Fairholme project - a Cowal repeat?
The Fairholme project - a Cowal repeat? Looking for another Cowal deposit, following in the shadows of significant resource growth by Evolution Kincora’s Fairholme project has various hallmarks to the world-class Cowal mine Manna Creek Kennel Prior to Evolution Mining’s ownership, the focus of exp
Slide 19: Evolution Mining's Cowal mine and near term Kincora drilling at Fairholme
Location insert from slide 9 Kincora-RareX Junee-Norromine Evolution Mining’s flagship project is the world-class Cowal mine; Volcanic belt (Macquarie Arc) with near term Kincora drilling at Fairholme <15km on strike 50km Background: Key gold deposits at the Cowal mine, projected over the E42 pit (s
Slide 20: Nyngan & Nevertire
Magnetic Vector Amplitude Nyngan & Nevertire (MVA) background Prior drill holes Planned KCC holes Gravity anomaly Two large strategic landholdings with untested potential Kincora license Region potentially covers the largest intrusive centre of the Macquarie Arc Other licenses NYNGAN • Kincora an ea
Slide 21: Why Kincora?
Why Kincora? Team, Location, Targets INDUSTRY LEADING TECHNICAL FOREMOST GOLD RICH TEAM PORPHYRY BELT PURE PLAY Intimate knowledge of LFB, track record of World-class belt with world-class mines – major discoveries and “skin in the game” Control a district scale project pipeline highly ownership pro
Slide 22: Appendices
Appendices TRDD001 high grade interval of native copper, chalcocite, chalcopyrite and black chlorite in skarn: 4.24g/t gold and 1.6% copper @ 60.6m-61.6m within a broader interval of 51m @ 1.17g/t gold and 0.54% copper from 39m – refer July 6th, 2020 press release – photos of selected intervals are
Slide 23: Appendix - Lachlan Fold Belt players
Appendix - Lachlan Fold Belt players Legend Market Cap Insert of major mining/exploration regions in the LFB Kincora (KCC.TSXV) C$15.2m Newcrest (Cadia) A$21.8b Trundle CMOC (Northparkes) HK$155.6b Northparkes Boda FMG (recon) A$77.5b Nyngan Gold & Copper (drilling) private Project Freeport (recon)
Slide 24: Appendix - Pathways between skarns / porphyry deposits
Appendix - Pathways between skarns / porphyry deposits Skarn and Porphyry deposit examples and ratios Examples of porphyry and skarn deposits Skarn name and Porphyry resource Skarn type and skarn Porphyry: location (wt%Cu, ppm Au) resource skarn ratio Big Cadia and Little Cadia Hilla and Cadia FeCuA
Slide 25: Appendix - Trundle assay results
Appendix - Trundle assay results Easting Northing Core Assay Press Target Hole# Length (m) Dip (°) Azimuth (°) RL (MGA) (MGA) recovery results release Trundle Park TRDD001 685 60 262 270 570049 6352082 95.9% Yes 1 Mordialloc TRDD002 790 60 101 271 568443 6360363 98.2% Yes 2 Bayleys TRDD003 721 60 32
Slide 26: Appendix - Kincora deal with RareX for LFB projects
Appendix - Kincora deal with RareX for LFB projects Key commercial terms (closed March 19, 2020) Project Trundle Cundumbul Fairholme Condobolin Jemalong License(s)—EL 8222 6661 6552 and 6915 7748 8502 Kincora issuing 14.95m common shares at a deemed price of $0.065/sh, Size (km2) 167.0 69.3 169.2
Slide 27: Appendix - Peer group analysis disclosure and disclaimer
Appendix - Peer group analysis disclosure and disclaimer Bespoke Jul’20 analysis by opaxe.com for Kincora Copper opaxe is a proprietary database of announcements published by resources companies listed on the world’s major stock exchanges: www.opaxe.com • All projects in this report are represented
Slide 28: Contact
Contact Sam Spring President & CEO sam.spring@kincoracopper.com Melbourne +61431 329 345 @KincoraCopper Kincora Copper Limited KCC – TSXV (ASX) www.kincoracopper.com
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