Kincora Copper Limited · TSXV:KCC
Kincora Copper — Investor Presentation (May 2023)
30 slides from Kincora Copper's investor presentation, May 9, 2023
Slide 1: High Impact Drilling
KINCORA COPPER HIGH IMPACT DRILLING Targeting new globally significant copper-gold discoveries May, 2023
Slide 2: Cautionary Statement
CAUTIONARY STATEMENT Top: Kincora drilling commenced the Condobolin project - first hole CDDH001: Mid: quartz-pyrite-arsenopyrie filling breccia from Kincora Copper Limited (ARBN 645 457 763): ticker “KCC” (ASX & TSX.V) 78.3 to 82m * Bottom: banded epithermal quartz veining with pyrite- arsenopyrite
Slide 3: Why Kincora?
WHY KINCORA? Leading Pure Play Porphyry Explorer In Australia’s Foremost Porphyry District Tier-1 Discovery Team Tier-1 Location in NSW High Conviction & Large- High Impact Drilling Scale Copper-Gold Targets Ongoing 3
Slide 4: Corporate Snapshot
CORPORATE SNAPSHOT Ticker “KCC” on TSXV & ASX FOUNDATIONS FOR SIGNIFICANT VALUE CREATION 13 Large Scale Gold-Copper Discovery Market Cap Cash Targets Being Drilled $11.3m * $2m * + Artificial Intelligence Exploration Alliance Working Up Targets For Drilling In NSW, Australia District Scale Portfolio
Slide 5: Tier-1 Discovery Team
TIER-1 DISCOVERY TEAM Highly Accomplished Technical Team With An Outstanding Track Record Of Project Generation Leading To Significant Discovery John Holliday Paul Cromie Peter Leaman Industry Leading John Holliday Peter Leaman Paul Cromie Technical Team Technical committee chair Technical committee
Slide 6: Dynamic + Rounded Board
DYNAMIC + ROUNDED BOARD Focused On Exploration Excellence With “Skin In The Game” Shareholder Ownership And Remuneration Structures Key Milestones Cameron McRae Sam Spring Technical Committee formed (2017): Independent Chairman President & CEO, Director Tier-1 copper-gold focus Chair Remuneration Co
Slide 7: Tier-1 Location
TIER-1 N LOCATION Cobar NYNGAN HIGH VALUE, LONG LIFE PROJECTS Cobar superbasin Macquarie Arc Nyngan • CSA • Cadia • Endeavor • Northparkes World-Class Gold-Copper Provinces NEVERTIRE • Peak • Cowal • >115Moz Gold & >30Mt Copper • Tritton • Tomingley MULLA • Mining/Exploration Culture • Hera/Federati
Slide 8: Multiple Systems/Mines in the Better Explored Southern Macquarie Arc
MULTIPLE SYSTEMS/MINES IN THE BETTER Junee-Narromine Belt Molong N Belt EXPLORED SOUTHTERN MACQUARIE ARC 13 8 Southern sections of Magnetics maps Macquarie the Macquarie Arc belts Arc volcanic belts, intrusive have been a greater complexes and mineralised focus of prior systems. Latter focused on ex
Slide 9: Northern Junee-Narromine Stands Out but Has Limited Drilling
NORTHERN JUNEE-NARROMINE STANDS Junee-Narromine Belt N OUT BUT HAS LIMITED DRILLING ?? Nyngan / Duck Creek Previously the focus of St St Barbara ?? Barbara Ltd’s Big Gold interpreted “the area ?? Nevertire Lachlan Project-Marra Joint to contain the largest Group project that covered volcano-intrusiv
Slide 10: Many Majors Active in NSW
MANY MAJORS License owners Kincora N ACTIVE IN NSW Newmont • See insert on slides 12 0 80 km Newmont /Legacy Macquarie Arc – Newcrest Cobar superbasin Junee Narromine belt CMOC/Su Macquarie Arc is Australia’s mitomo foremost copper porphyry district Glencore Nyngan Evolution Corporate action increas
Slide 11: Kincora's Advanced Projects
KINCORA’S ADVANCED PROJECTS Trundle host a quarter of the brownfield Northparkes Igneous Complex Fairholme and Jemalong are located within a world-class immediate geological setting DRIFTWAY C ANOMALY 2 Kincora’s projects in RED N N 0 5 10km 0 5 10km Operator / project (left) KINGSWOOD/CO Kincora RV
Slide 12: Northern Junee-Narromine Belt Portfolio
N NORTHERN JUNEE-NARROMINE BELT PORTFOLIO Kincora an early entrant, followed by FMG & Inflection with recent entry Anglo Gold Ashanti District is under-explored and very geologically prospective Alkane Resources’ successes at its Northern Molong Porphyry Project with discoveries/resources at the Bod
Slide 13: What Are We/Others Drilling For?
WHAT ARE WE/OTHERS DRILLING FOR? Examples Of Existing World-class Mines In The Macquarie Arc Comprising A Series Or Cluster Of Large Scale Deposits Within Big Alteration-Lower Grade Footprints Cadia >50Moz Au Northparkes 5.5Moz Au >9.5Mt Cu 4.5Mt Cu Newcrest CMOC & Sumitomo Big Little Cadia Cadia Ca
Slide 14: The Next Generation of Discoveries (So Far)
THE NEXT GENERATION OF DISCOVERY’S (SO FAR) Examples Of Recent Exploration Successes (on the same plan view and cross section scale) Northern Molong Resource Porphyry Project 7.3Moz Au Trundle 5 adjacent Kincora systems 1.4Mt Cu Alkane 14.8Moz AuEq and growing Maiden JORC resource May 2022 for Boda
Slide 15: Trundle's Extensive Multiple System Porphyry Complex in Perspective
GEOCHEMICAL N FOOTPRINTS WITH TRUNDLE’S EXTENSIVE MULTIPLE SYSTEM DEPOSIT STRIKE AND SYSTEM PORPHYRY COMPLEX IN PERSPECTIVE ENDOWMENT • Significant Coincident Mineral Footprints And Magnetic Complexes In Both The North And South Of License • Kincora’s Drilling Has Confirmed A Multiple System Complex
Slide 16: Kincora Strategy Overview 2023
KINCORA STRATEGY OVERVIEW 2023 Strong Pipeline Of Value Catalysts Driven By Drill Targets And Supported By Corporate Avenues 1 • ~Quarter of Northparkes Igneous Complex: endowment >24Moz AuEq 5x TRUNDLE • 5 adjacent porphyry system targets over 3.2km mineralised complex • Adjacent exploration / dril
Slide 17: A World-Class Mining Complex
A WORLD-CLASS MINING COMPLEX Outline Of The Northparkes Igneous Complex Australia’s Second Largest Porphyry Mine At Northparkes And Trundle Hosts ~Quarter Of The Complex Peak Hill N AT MINERAL DEPOSITION Rift Basin TRUNDLE NORTHPARKES TRUNDLE FMG NORTHPARKES . . . . . WESTERN EASTERN RIMFIRE MORDIAL
Slide 18: Trundle: Why Now?
KINCORA DISCOVERIES AT TRUNDLE: 2020-22 Trundle: Why Now? Multiple Phase, Zoned, Porphyry Intrusive Typical Of The Cadia And/Or Northparkes Series/Cluster Of Deposits 40% of discoveries at Northparkes are economic 3 Kincora discoveries so far Eastern + Central Zones: Hole TRDD001: 51m @ 1.17g/t Au,
Slide 19: Northparkes Igneous Complex: 2023 Drilling Activities
NORTHPARKES IGNEOUS COMPLEX: 2023 DRILLING ACTIVITIES Eastern Section - Hosts The Northparkes Mine: >24moz AuEq Mineral Endowment Western Section - Currently The Focus Of Significant Drilling Activities: Location Of 2023 Drill Pads N VALLEY Trundle NORTHPARKES township MINING COMPLEX DUNN’S NORTH DU
Slide 20: Multiple Adjacent Mineral Systems
MULTIPLE ADJACENT MINERAL SYSTEMS Kincora’s 2023 Drilling At Trundle is Suggestive Of A Proximal Setting At Multiple Mineral Systems Supports Concept Of A Series Or Cluster Of High-Grade Deposits N DUNN’S TRDD035: 12.5m @ 2.77g/t Au from 77.5m, including 2m @ 14.2g/t Au NORTH Multiple phase complex
Slide 21: Significant Shallow Mineralisation
SIGNIFICANT SHALLOW MINERALISATION Initial Results From All Five Holes Of The 2023 Trundle Project Program (a) (b) (c) Dunn’s North (a) TRDD035: qtz (A type) vein truncated act stringers + cp @ 74m (b) py-mt>carbonate-ch-sericite vein cut by irregular carbonate-hm veins (within 2m @ 14.2g/t Au from
Slide 22: Workshop to Review Final Results / Plan Follow Up
WORKSHOP TO REVIEW FINAL RESULTS / PLAN FOLLOW UP Initial Results From All Five Holes Of The 2023 Trundle Project Program Botfield (a) (b) (a) TRDD037: 2.9m @ 0.95% Cu, 0.62g/t Au within coarse banded chalcopyrite-bornite-pyrite epithermal veins (from 129-132m), including 0.9m (retrograde) filling v
Slide 23: Extensive Skarn System Coming Toward Surface
EXTENSIVE SKARN SYSTEM COMING TOWARD SURFACE Causative Porphyry Source And Pathway Yet To Be Confirmed For The Southern Extension Zone-Botfield Skarn Cross Section W SEZ Botfield E Historical workings (projected) TRDD029 430m 36m @ 0.68 g/t Au, 0.29% Cu incl.: ???? TRDD037 4m @ 1.19 g/t Au, 0.59% Cu
Slide 24: Maiden Kincora Drilling Commenced at Condobolin
MAIDEN KINCORA DRILLING COMMENCED AT CONDOBOLIN Kincora Has Consolidated The Historic Open Pit, High Grade Condobolin Mining District With Lack Of Systematic Modern Exploration Near Surface Targets For Drilling Testing The Concept Of A Hub And Spoke Development Scenario • Recent significant new disc
Slide 25: Success Based AI Alliance for Cundumbul
SUCCESS BASED AI ALLIANCE FOR CUNDUMBUL Ground Truthing Field Work Commenced By Exploration Alliance Partner, Earth AI Leveraging Vertically Integrated, Proprietary Artificial Intelligence (AI) To Generate, Fund And Test Near Term Drill Targets “ Earth AI’s proprietary 0 2 4km Up to $4.5m to be spen
Slide 26: Seeking New Investor for Mongolian Portfolio
SEEKING NEW INVESTOR FOR MONGOLIAN PORTFOLIO Large-tonnage JORC Resource Within A Mining License On Small Portion Of One Of 3 Underexplored Porphyry Complexes >2-year tax dispute Supreme Court hearing imminent – A Key Catalyst Kincora is currently defending an ongoing tax dispute in the Mongolian le
Slide 27: Investment Opportunity
INVESTMENT OPPORTUNITY Team, Location, Targets Catalysts: Drilling; Project Generation/Realisation; and, Mongolian Dispute Resolution/New Investor HIGH IMPACT PHASE 13 DISCOVERY HIGH CONVICTION OF DRILLING ONGOING: OPPORTUNITIES TARGETS Right Right Right Team Place Time . . . For new globally signif
Slide 28: Appendix
i> a oo —— Ss == > APPENDIX
Slide 29: Footnotes
FOOTNOTES Slide 4 SHARE REGISTER SUMMARY Market Cap: based on 166.5m total shares (47.3m TSXV / 119.2m ASX issued). Share price (6.8c) as at May 5th, 2023 Cash: estimated balance as at Mar 31st, 2023 Money in-the-ground: >80% of treasury into exploration since ASX listing (ex listing costs). >2/3 di
Slide 30: Kincora Copper
Sam Spring President & CEO sam.spring@kincoracopper.com @KincoraCopper Kincora Copper Limited KINCORA Melbourne: +61431 329 345 Kincora Copper Limited – KCC : ASX & TSX-V www.kincoracopper.com COPPER 30