Slide 1: The Copper Growth Story on ASX
For personal use only The Copper Growth Story on ASX IMARC Presentation October 2023
Slide 2: 3D interactive version of IMARC presentation
For personal use only A 3D interactive version of the IMARC presentation can be found on the Company’s website at https://www.codaminerals.com/coda-minerals-imarc-presentation/
Slide 3: 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 4: Corporate
ASX COD CORPORATE Keith Jones BOARD OF DIRECTORS NON-EXECUTIVE CHAIR COD $23M ASX Code Market Capitalisation For personal use only Colin Moorhead NON-EXECUTIVE DIRECTOR $0.16 $2.8M Robin Marshall Share Price Cash and Equivalents NON-EXECUTIVE DIRECTOR 27 October 2023 30 September 2023 Paul Hallam 14
Slide 5: Elizabeth Creek Major Cu-Co Resource
ASX COD OLYMPIC DAM - BHP 114KM NN ROXBY DOWNS OAK DAM WEST - BHP For personal use only 16KM NE WOOMERA CARRAPATEENA - OZ MINERALS (BHP) CODA MINERALS 40KM EAST Major Cu-Co ELIZABETH CREEK Total Area: 701 km2 Resource in an exceptional jurisdiction PORT AUGUSTA SOUTH AUSTRALIA with massive upside N
Slide 6: Exceptional Copper Exposure
ASX COD 29 EXCEPTIONAL COPPER EXPOSURE Cu Copper - 1.1Mt of JORC defined Cu eq 63.55 - Planned 25ktpa copper cathode & 1ktpa For personal use only cobalt sulphate production TIER 1 LOCATION – SOUTH AUSTRALIA CODA MINERALS - - Standout ESG credentials Simple approvals process Major Cu-Co STRONG FOUND
Slide 7: Resources & Mining
Emmie Bluff RESOURCES & MINING EMMIE BLUFF UNDERGROUND MINING, PHASE 2 For personal use only Resource 43.3 Mt @ 1.30% Cu, 0.05% Co (1.84% CuEq)* Production Target 26.2Mt @ 1.42% Cu, 0.04% Co (1.86% CuEq) WINDABOUT OPEN PIT MINING, PHASE 2 Resource (100% Indicated) 17.67 Mt @ 0.77% Cu, 0.05% Co (1.41
Slide 8: Scoping Study Released - A$570M NPV8 (Pre Tax)
STUDY ASX COD Scoping Study Released - A$570M NPV8 (Pre Tax) A$5,728M A$1,298M For personal use only CAPEX • Phased approach to processing will see concentrate sales from MG14, followed by high Net Revenue Net Cash Flow value-add hydromet processing • Early cashflow and staged approach limits Pre- P
Slide 9: Resources commonly mined across the world
Surface 100m 200m For personal use only AVG. MINING THICKNESS EMMIE BLUFF - AUSTRALIA 300m LUBIN – POLAND 400m AVG MINING THICKNESS: 2.8M THICKNESS: 2.0-6.0M 43MT @ 3.4M 1.84% CUEQ DEPTH: 400M 500m POLKOWICE-SIEROSZOWICE – POLAND AVG MINING THICKNESS: 2.55M 600m ZHOMART - KAZAKHSTAN AVG MINING THICK
Slide 10: Exploration
For personal use only Exploration Massive blue-sky potential
Slide 11: ANT and Beyond
ANT AND BEYOND BHP (65%)/Red Tiger (35%) Coda Minerals (100%) Advanced target generation positions for success Eastern Targ ANT, 2D Seism NW Target For personal use only ANT FOR SHALE HOSTED Cu-Co MT, 2D Seismic • Graben valley and directly imaged anomalism suggests potential for southern extension
Slide 12: IOCG Drill Success
IOCG DRILL SUCCESS Oak Dam West Breakthrough drillhole in June 2021 Olympic Dam AD-232: 425.7m @ 3.04% Cu, 0.59g/t Au OC Sulphide3: 9.6Bt @ 0.57% Cu, 0.19kg/t U3O8 UG Sulphide3: 1.7Bt @ 1.48% Cu, 0.44kg/t U3O8 16km N Carrapateena For personal use only 900Mt @ 0.56% Cu, KNOWN IRON OXIDE COPPER GOLD (
Slide 13: Geophysics - IOCG
GEOPHYSICS - IOCG Breakthrough drillhole in June 2021 For personal use only MAGGIE IOCG • Anomalous basement gravity signature identified during recent geophysical exercise. • Coincident with major northwest trending structure identifiable in gravity data MGD 42 • Historical drillhole, missed the Ma
Slide 14: Newsflow
NEWSFLOW STUDY: OPTIMISATION STUDIES CU-CO OPTIMISATION For personal use only - Underground mining optimisation targeting lower cost, more selective mining methods - Commercialisation: Q4 2023 - Discussions with multiple parties, focus on funding pathway EXPLORATION: SEDIMENT HOSTED CU-CO INCREASE T
Slide 15: Appendices
For personal use only Appendices
Slide 16: Cautionary Statement
Cautionary Statement The Scoping Study referred to in this presentation was released to ASX on 23 March 2023 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
Slide 17: Appendix A: Statements
APPENDIX A: STATEMENTS Mineral Resources & Competent Person Statement Mineral Resources and Exploration Targets For personal use only 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 18: 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 19: 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 20: 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 23 March 2023. For personal use only The company confirms that it is not aware of any new inform
Slide 21: Appendix D: Board of Directors & Senior Management
APPENDIX D : BOARD OF DIRECTORS & SENIOR MANAGEMENT Keith Jones Chris Stevens NON-EXECUTIVE CHAIR CHIEF EXECUTIVE OFFICER, DIRECTOR For personal use only Chartered Accountant and senior mining industry leader with over 40 years of Mineral economist, feasibility and project valuation specialist. Form
Slide 22: Appendix E: Comparable Underground Copper Projects Data
APPENDIX E : COMPARABLE UNDERGROUND COPPER PROJECTS DATA Avg Mining Other Mine Name Company Project Status Location Thickness Depth Source Thickness Sources For personal use only Lubin KGHM Operating Poland 1.5-5.5m 2.8m 368-1006m https://kghm.com/sites/kghm2014/files/mrmr_english.pdf Polkowice- KGH
Slide 23: For personal use only
For personal use only 6 Altona Street West Perth WA 6005 08 6270 6331 info@codaminerals.com