Kutcho Copper Corp · TSXV:KC
Kutcho Copper — Investor Presentation (November 2021)
35 slides from Kutcho Copper's investor presentation, Nov 10, 2021
Slide 1: Investor Presentation November 2021
TSXV: KC | OTCQX: KCCFF Investor Presentation NOVEMBER 2021
Slide 2: Forward looking statement
2 | kutcho.ca TSXV:KC OTCQX:KCCFF Forward looking statement This presentation contains certain statements that may be considered “forward-looking statements” with respect to Kutcho The forward-looking information contained herein is expressly Copper Corp. (“Kutcho Copper” or the “Company”) within th
Slide 3: Feasibility Study Headline Results
3 | kutcho.ca TSXV:KC OTCQX:KCCFF 1 Base case metal prices: Cu US$3.50/lb, Zn US$1.15/lb, Ag US$20/oz. Kutcho Copper-Zinc Project Au US$1,600/oz 2 Spot metal prices: Cu US$4.50/lb, Zn US$1.57/lb, Ag US$24/oz. Au US$1,788/oz 3 CuEq calculation based on base Feasibility Study Headline Results case met
Slide 4: Significant Leverage to Rising Metal Prices
4 | kutcho.ca TSXV:KC OTCQX:KCCFF Significant Leverage to Rising Metal Prices Robust Economics at Base Case Metal Prices dddd
Slide 5: Kutcho Copper offers a strong share structure
5 | kutcho.ca TSXV:KC OTCQX:KCCFF Kutcho Copper offers a strong share structure Share Ownership Share Price Last 12 Months (TSX.V – C$) $1.00 $0.75 Capital structure Shares issued 98,210,897 $0.50 Stock options 8,520,000 Warrants 15,275,054 $0.25 Ticker 10% Capstone TSXV:KC OTCQX:KCCFF 7.4% Wheaton
Slide 6: Wheaton provides over $100M financing package
6 | kutcho.ca TSXV:KC OTCQX:KCCFF Wheaton provides over $100M financing package Metal % contribution Precious metals stream to revenue at base case US$7 million provided to fund the feasibility study metal prices US$58 million for development capital 65% Cu Up to an additional US$20 million towards d
Slide 7: A development-friendly region with a number of major projects
7 | kutcho.ca TSXV:KC OTCQX:KCCFF N Kutcho A development-friendly Dease Lake Property with 120km region with a number of access road major projects in various Red Chris Kemess phases of development Galore Creek KSM & construction, with Mt Milligan Brucejack Port of Stewart local skilled workforce Ki
Slide 8: First Nations – Tahltan & Kaska Dena
8 | kutcho.ca TSXV:KC OTCQX:KCCFF First Nations – Tahltan & Kaska Dena Kutcho Copper executed a new Exploration Agreement with Tahltan Central Government in November 2021 and renewed their Communications Agreement in January 2021 Exploration Agreement signed with Kaska Dena Nation in February 2019 P
Slide 9: Kutcho is an accessible project with on-site and nearby infrastructure
9 | kutcho.ca TSXV:KC OTCQX:KCCFF Kutcho is an accessible project with on-site and nearby infrastructure situated within moderate terrain Accessibility Port facilities Existing field camp First Nations 120 km of existing ground in Stewart ~400 km from with 900 m long gravel ongoing engagement with ac
Slide 10: Feasibility Study Headline Results
10 | kutcho.ca TSXV:KC OTCQX:KCCFF Feasibility Study Headline Results Reserve 17.3 Mt $461M 25% Cu 1.58% Ag 28 g/t After-Tax NPV7% After-Tax IRR Zn 2.3% Au 0.39 g/t $841M Initial capital Total capital $483 million $589 million 11 4,500 After-Tax Cash Flow year tonnes mine life per day Open Pit: 14.5
Slide 11: Efficient Infrastructure Layout
Tailings 11 | kutcho.ca TSXV:KC OTCQX:KCCFF Management Facility Efficient Infrastructure Layout Stockpiles Open Pit Collection Pond Compact site footprint Waste rock dump temporary - backfilled to open pit during operations Underground Mill Complex Portal Tailings embankment: downstream Camp Accomodat
Slide 12: Kutcho Project Mine Workings
12 | kutcho.ca TSXV:KC OTCQX:KCCFF Kutcho Project Mine Workings View to Northeast Main Main Open Pit Portal to Underground Mines Esso Underground Mine Esso Main Underground Mine Sumac Inferred Resource
Slide 13: Kutcho Copper Development Timeline
13 | kutcho.ca TSXV:KC OTCQX:KCCFF Kutcho Copper Development Timeline Environmental permitting Feasibility Study: Completion November 2021 Construction Decision: Estimated Q2/Q3 2024 subject to only BC provincial 2021 2022 2023 2024 review process Feasibility Study The Company filed the Project Descr
Slide 14: The Kutcho project covers 90% of the prospective Kutcho Formation rocks
14 | kutcho.ca TSXV:KC OTCQX:KCCFF The Kutcho project covers 90% of the prospective Kutcho Formation rocks Kutcho Deposit SOUTH NORTH Andrea Creek Limestone Andrea Creek Limestone Nahlin King Salmon Andrea Thrust Fault The prospective volcanic rocks are Thrust Fault Creek Kutcho Limestone Fault fold
Slide 15: Kutcho Copper: Strong upside potential
15 | kutcho.ca TSXV:KC OTCQX:KCCFF Kutcho Copper: Measured Strong upside potential Indicated Inferred Drillholes Near resource (brownfields) drill targets 1 Open Pit Shell: 459,000 tonnes Main deposit Inferred Mineral resources resides within the current open pit shell and are available for potential
Slide 16: No significant exploration on the property since 1990
16 | kutcho.ca TSXV:KC OTCQX:KCCFF No significant exploration N on the property since 1990 Esso Deposit Multiple repeated VMS sulphide horizons are under-explored Sumac Deposit Main Deposit Priority Targets The IRJ Northwest was first identified as a conductor IRJ Northeast. Three holes drilled in 1990
Slide 17: Copper Developers: Feasibility Study Re-Rate Opportunity
17 | kutcho.ca TSXV:KC OTCQX:KCCFF Copper Developers: Feasibility Study Re-Rate Opportunity dddd Based on Kutcho Copper’s closing price as of November 8, 2021 Source: Haywood Securities Inc., S&P Capital IQ Pro.
Slide 18: Upcoming catalysts
18 | kutcho.ca TSXV:KC OTCQX:KCCFF Regional Exploration Upcoming catalysts Planning for ongoing systematic exploration of several underexplored green fields targets - no significant Near Mine exploration done on the property since Opportunities Permitting Expansion 1990. High priority targets identifie
Slide 19: Management team
19 | kutcho.ca TSXV:KC OTCQX:KCCFF Management team Vince Sorace Rob Duncan Angus Christie President & CEO, Director COO Senior Manager, Engineering ● Over 30 years experience in ● 26 years experience in mineral ● Over 30 years experience in mine project capital markets exploration for majors includi
Slide 20: Board of Directors & Advisory Board
20 | kutcho.ca TSXV:KC OTCQX:KCCFF Board of Directors & Advisory Board Vince Sorace Stephen Quin Bill Bennett Jay Sujir President & CEO, Director Director Director Director ● Over 30 years experience ● 30 years experience in mining ● Former BC gov’t MLA for 16 years ● Partner, Farris, Vaughan, in ca
Slide 21: Kutcho Copper – a clear path to production
21 | kutcho.ca TSXV:KC OTCQX:KCCFF Kutcho Copper – a clear path to production High Grade Copper Zinc development project with Permitting – Transparent and prescribed process, 22.8 Mt in the Measured and Indicated resources supportive First Nations, local stakeholders and category at 2.26% CuEq¹ repr
Slide 22: Contact
TSXV: KC | OTCQX: KCCFF +1 604-628-5623 info@kutcho.ca Kutcho.ca Suite 717 1030 West Georgia St. Tel Email Website Vancouver, BC Canada V6E 2Y3
Slide 23: Appendix
kutcho Appendix
Slide 24: Technical information compliance with NI 43-101
24 | kutcho.ca TSXV:KC OTCQX:KCCFF Technical information compliance with NI 43-101 The technical information in this presentation (the “Technical Information”) has been reviewed and approved by Mr. The Project will be subject to a number of federal, provincial and Garth Kirkham, P.Geo., Technical Ad
Slide 25: Feasibility Study Overview
25 | kutcho.ca TSXV:KC OTCQX:KCCFF Feasibility Study Overview Notes: ● Tonnages are reported in metric tonnes (t), copper and zinc in pounds (lbs), silver and gold reported in troy ounces (oz). ● "M" = million, "k" = thousand ● All tables report rounded figures and may not sum precisely. ● The financi
Slide 26: Estimate of Mineral Resources
26 | kutcho.ca TSXV:KC OTCQX:KCCFF Estimate of Mineral Resources Inclusive of Reserves (effective 30 July 2021) Notes: 1. The mineral resource estimates in the table above form coherent bodies of mineralisation that are considered amenable to a combination of open pit and underground extraction meth
Slide 27: Mineral Reserve Estimate
27 | kutcho.ca TSXV:KC OTCQX:KCCFF Mineral Reserve Estimate (effective 4 November 2021) See next page for Notes
Slide 28: Mineral Reserve Estimate Notes
28 | kutcho.ca TSXV:KC OTCQX:KCCFF Mineral Reserve Estimate (effective 4 November 2021) Notes: Underground Specific Notes: 1. CIM definitions were followed for Mineral Reserves. 10. Underground Mineral Reserve cut-off grade was C$129.45/t NSR. 2. Mineral Resources are reported inclusive of Mineral Res
Slide 29: Ore by Source and NSR
29 | kutcho.ca TSXV:KC OTCQX:KCCFF Ore by Source and NSR
Slide 30: Open Pit and Underground Mining Statistics
30 | kutcho.ca TSXV:KC OTCQX:KCCFF Open Pit and Underground Mining Statistics (Incl Pre-Production) Notes: 1. Includes 1.25 years for pre-production and stockpile rehandle periods 2. Mining operational costs and tonnages are inclusive of the pre-production period.
Slide 31: Flotation Feed Grades
31 | kutcho.ca TSXV:KC OTCQX:KCCFF Flotation Feed Grades
Slide 32: Processing and Concentrate Production
32 | kutcho.ca TSXV:KC OTCQX:KCCFF Processing and Concentrate Production Notes: 1. 10.75 years after pre-production, plus 0.25 years in pre-production start-up 2. 0.25 years for pre-production and 2.75 for stockpile rehandle periods 3. Metal recovery to concentrates compared to crusher head feed, an
Slide 33: Capital Cost Summary
33 | kutcho.ca TSXV:KC OTCQX:KCCFF Capital Cost Summary(1,2) Notes: 1. All values stated are undiscounted. 2. No inflation or depreciation of costs were applied; all costs are in 2021 money values. Major underground mobile equipment, all open pit mobile equipment and the power gensets are leased. 3.
Slide 34: Operating Cost Summary; Cash Costs and All-In Sustaining Costs
34 | kutcho.ca TSXV:KC OTCQX:KCCFF Operating Cost Summary (Excluding Pre-Production(1)) Notes: 1. Pre-production tonnages and costs are not included in the Life-of-Mine operating cost summary (these are Years -2 and -1 and are capitalized). 2. Year 1 includes pro-rated adjustments for working capita
Slide 35: Cash Flow Summary
35 | kutcho.ca TSXV:KC OTCQX:KCCFF Cash Flow Summary
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