Coda Minerals Ltd · ASX:COD
Coda Minerals — RIU Explorers Conference 2024
23 slides from Coda Minerals's conference presentation, Feb 13, 2024
Slide 1: Coda Minerals Investor Presentation
For personal use only ASX COD Coda Minerals Investor Presentation RIU Explorers Conference – February 2024
Slide 2: 3D interactive presentation available online
For personal use only A 3D interactive version of the latest presentation can be found on the Company’s website at https://www.codaminerals.com/coda-minerals-investor-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, Board and Senior Management
ASX COD CORPORATE BOARD OF DIRECTORS COD $20M Keith Jones Colin Moorhead ASX Code Market Capitalisation NON-EXECUTIVE CHAIR NON-EXECUTIVE DIRECTOR For personal use only $0.14 $1.9M Share Price Cash and Equivalents 8 February 2024 30 December 2023 Robin Marshall Paul Hallam 142,371,371 NON-EXECUTIVE
Slide 5: Major Cu-Co Resource in an exceptional jurisdiction
ASX COD OLYMPIC DAM - BHP 114KM NN ROXBY DOWNS OAK DAM WEST - BHP For personal use only 16KM NE WOOMERA CARRAPATEENA - OZ MINERALS (BHP) CODA MINERALS 40KM EAST Major Cu-Co ELIZABETH CREEK Total Area: 701 km2 Resource in an exceptional jurisdiction PORT AUGUSTA SOUTH AUSTRALIA with massive upside N
Slide 6: Exceptional Copper Exposure
ASX COD 29 EXCEPTIONAL COPPER EXPOSURE Cu Copper - 1.1Mt of JORC defined CuEq 63.55 - Planned 25.4ktpa copper cathode & 1.3ktpa For personal use only cobalt sulphate production TIER 1 LOCATION – SOUTH AUSTRALIA CODA MINERALS - - Standout ESG credentials Simple approvals process Major Cu-Co STRONG FO
Slide 7: Resources & Mining
RESOURCES & MINING EMMIE BLUFF Emmie Bluff UNDERGROUND MINING, PHASE 2 Resource 40.2 Mt @ 1.27% Cu, 0.06% Co (1.87% CuEq)* WINDABOUT Production Target 28.7Mt @ 1.18% Cu, 0.05% Co (1.80% CuEq) For personal use only OPEN PIT MINING, PHASE 2 Resource (100% Indicated) 17.67 Mt @ 0.77% Cu, 0.05% Co (1.41
Slide 8: Scoping Study
ASX COD SCOPING STUDY NET REVENUE NET CASHFLOW For personal use only (A$M) PRE-TAX CAPEX (A$M) • Phased approach to processing will see concentrate $6,040M $1,674M sales from MG14, followed by high value-add hydromet processing • Early cashflow and staged approach limits Pre- Production CAPEX & Tota
Slide 9: Flat lying, underground resources commonly mined across the world
Surface Flat lying, underground Resources are commonly 100m 200m mined across the world AVG. MINING THICKNESS EMMIE BLUFF - AUSTRALIA For personal use only 300m LUBIN – POLAND 380-1,000m THICKNESS: 2.0-6.0M 40MT @ AVG MINING THICKNESS: 2.8M below surface 3.4M 1.87% CUEQ 400m DEPTH: 400M 500m POLKOWI
Slide 10: Exploration
For personal use only Exploration Massive blue-sky potential
Slide 11: Emmie Bluff Mineral Resource
Emmie Bluff Mineral Resource RESOURCE EXPANSION 40.2Mt @ 1.87 CuEq BHP (65%)/Red Tiger (35%) Advanced target generation positions for success Coda Minerals (100%) High Priority Drill Target Coincident ANT, 2D Seismic and MT anomalism For personal use only GEOPHYSICS FOR SHALE HOSTED Cu-Co • Extensiv
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 EMMIE IOCG • North-South extent of gravity anomalism associated with mineralisation mapped by Mira Geoscience gravity inversion. • Detailed exploration model developed suggesting 2.5km long exploratory corridor backed by geo
Slide 14: News Flow
NEWS FLOW OPTIMISE STUDIES CU-CO ⁻ Driving value through mining and flowsheet optimisation For personal use only ADVANCE ⁻ Increased recoveries and higher extraction targeting more metal production ⁻ Advancing approvals and critical path ⁻ Commercialisation - focus on funding pathway EXPLORATION: SE
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 30 January 2024 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 Copp
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 7 is taken from the Scoping Study published on 30 January 2024. For personal use only The company confirms that it is not aware of any new info
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 Mine Name Company Project Status Location Thickness Depth Source Thickness For personal use only Lubin KGHM Operating Poland 1.5-5.5m 2.8m 368-1006m KGHM website – For full details Coda Minerals – Appendix E Information Slide Polkow
Slide 23: For personal use only
For personal use only 6 Altona Street West Perth WA 6005 08 6270 6331 info@codaminerals.com