Kincora Copper Limited · TSXV:KCC
Kincora Copper — Investor Presentation (April 2020)
24 slides from Kincora Copper's investor presentation, April 2020
Slide 1: Focus on large scale porphyry discoveries
Focus on large scale porphyry discoveries Location, Team, Targets April 2020 Trundle pub, near flagship Trundle project, Central West NSW, Australia Australia Mongolia
Slide 2: Disclaimer and forward-looking statements
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. This presentation contains certain forward-looking information and statements which may not be based on
Slide 3: Investment opportunity
Investment opportunity “ ¡ Location: Strategic positions in Australia and Mongolia’s world class copper- gold porphyry belts Drilling at flagship Trundle ¡ Team: Exceptional track record of Tier 1 discoveries, knowledge of the belts project to shortly commence we operate in, with “skin in the game”
Slide 4: Corporate summary
Corporate summary KCC - TSXV Strong Backing Sophisticated and consolidated shareholder register Board Management HNW + Family $5.4m1 153.6m3 Office Institutions Market Cap Issued shares Retail Well funded for $3.5m2 near term high impact, value add Cash LIM Advisors 24% drilling New Prospect Capital
Slide 5: Experienced Board
Experienced Board 1 Exploration Know Australia “Skin in the Record and Mongolia’s game” Multiple Tier 1 porphyry own 7% of share discoveries belts register ¡ Chairman2: President & CEO of three Rio Tinto businesses (three different countries) - Including ex President & CEO Oyu Tolgoi/chair of Explor
Slide 6: Discovery Team
Discovery Team 3 2 Macquarie Arc of the Lachlan Fold Belt 1 4 § Major discoveries and extensive regional exploration: - Cadia Au/Cu and Marsden Cu/Au (Newcrest) - John Holliday § Chief geophysicist: HPX and with RareX projects (+BHP/ Ivanhoe) - Consultant geophysicist KCC - Barry de Wet § Consultant
Slide 7: Location: latest hot spot for global exploration
Location In the latest “hot spot” for global exploration 10 current “Hot Spots” for exploration – MinEx Consulting, March 2020 Saskatchewan Central Europe [U] [Base Metals] “As an economic Saskatchewan Central Europe [U] [Base Metals] geologist… NSW, Lachlan Fold Belt, for copper and gold, is China
Slide 8: Australia's foremost porphyry belt
Location Australia’s foremost porphyry belt Insert for slides 10 & 11 The Macquarie Arc of the LFB is a world-class gold-copper porphyry belt Cobar Dubbo § >100Moz gold and >24Mt copper endowment (R. Schodde 20201) - Cadia gold-copper porphyries (>50Moz Au & >9.5Mt Cu1) - Northparkes copper-gold por
Slide 9: Cadia, Northparkes and Boda discovery
Location Cadia Northparkes Boda discovery Newcrest CMOC (China Molybdenum Co Ltd) Alkane Resources FY’18/19 Production 913koz Au 1 FY’2020F Production 38.6kt Cu 2 KSDD003 502m @ 0.48g/t Au, 0.20% Cu 1 AISC US$132/oz 1 AISC US$1.34/lb Cu 2 incl 100m @ 1.06g/t Au, 0.41% Cu Drilled 200 metres beneath K
Slide 10: Strategic position and portfolio in the Macquarie Arc
Macquarie Junee-Norromine Volcanic belt Arc Location Molong Volcanic belt Rockley-Gulgong Volcanic belts Intrusive Rocks (Ordovician-Early Silurian) Recent to Mesozoic cover Strategic position and portfolio in the Macquarie Arc Kincora’s team enjoys previous Tier 1 discovery success in the belt Kinc
Slide 11: Ground status and increased exploration activity
Ground Status August 30th, 2019 Application 2,786 Location At August, 2019 Licenses Total (km2) 35,621 38,407 New ground March 18th, 2020 Application 7,818 Land grab, increased exploration and corporate activities Licenses Total (km ) 2 37,820 45,638 “If the Paterson Province was the hottest explora
Slide 12: Discoveries rewarded, driven re-rating & favorable for Kincora
Discovery’s rewarded, driven re-rating & favorable for Kincora Activities / Drilling Total Peer Group Discovery Drilling, no Drilling, results IPO, IPO, IPO, Not yet Discovery M&A to enter results available announced recon recon recon belt/peers Equity raised $81.1m $40.7m $5.4m $4.6m $7.5m $4.5 $0.
Slide 13: Trundle
Trundle The only brownfield porphyry project held by a listed junior in the Macquarie Arc Compelling large scale and drill ready porphyry targets seeking to discover a new cluster of porphyry deposits § Porphyry and skarn-style copper-gold mineralisation associated with several Ordovician intrusive
Slide 14: Trundle: a large mineralized system with a lack of deeper drilling
Trundle A large mineralized system with a lack of deeper drilling Excellent potential for blind preserved higher-grade porphyry and/or skarn gold/copper deposits below extensive near surface mineralization Large § Just 11 holes >300 metres (0.5% of holes drilled) Limited deep drilling: mineralized L
Slide 15: Trundle: Northparkes analogue
Trundle Northparkes Northparkes deposit clusters on the eastern margin of the intrusive complex – provides templates for exploration and scale potential 1km § China Molybdenum Company (CMOC) acquired 80% interest from Rio Tinto in Jul’13 for E27 E48 deposit US$820m (Sumitomo retains a 20% interest)
Slide 16: Trundle: drilling three fences
Trundle Drilling three fences at Trundle to test three known mineralized Northparkes porphyry targets analogous to Northparkes Phase 1 drilling to shortly commence: 6 holes for 3,800 metres 1km Phase 1 drilling targets have MVA1 2 holes at extensive shallow lower background with Bayleys Wilcox’s Min
Slide 17: Trundle Park
Trundle Park Shallow drilling has intersected higher grade material at the top of an interpreted preserved porphyry Drilling has failed to test the potential of an underlying porphyry Proposed Prior drilling provides vectors and first hole supports subsequently defined 2020 underlying geophysical ta
Slide 18: Mordialloc
Mordialloc Improving grade at end of hole coincident with deeper geophysical target Metal grades comparable to the peripheral parts of the Northparkes deposits with improving grades down hole and open Proposed Correlation between mineralisation third hole 2020 and geophysical profiles, both open and
Slide 19: Bronze Fox
Bronze Fox Large copper-gold porphyry discovery in Mongolia License boundary rn Drilling has confirmed and better defined a large Mining Associations lower block model/ grade porphyry system with localized higher-grade zones exploration target Drill hole Open Key fault Exploration Bronze Fox Intrusi
Slide 20: Why Kincora?
Why Kincora? § Team with exceptional Tier 1 discovery track record § Active and systematic explorer of strategic district scale landholdings § Strong and aligned shareholder register, board and management § Funded for high impact, value add, near term drilling at a number of the most compelling dril
Slide 21: Bios: Board and Technical team
Bios: Board and Technical team Discovery team Board Cameron McRae Technical Committee Technical Advisers Independent Chairman Based in Sydney, NSW Sam Spring Peter Leaman Barry de Wet Plus Minerals LLC President & CEO, Director Senior Vice-President of Geophysics Technical Committee Joined Sep 2012
Slide 22: Trundle: why has it been overlooked until now?
Trundle Why has it been overlooked until now? Impacted by funding, project ownership, primary focus on other projects & prior target depths (eg >92% of holes <50m depth only) Newcrest (1990’s & early 2000’s) – predominately only HPX (2015) – Drilled one hole into shallow drilling (<50m), with only s
Slide 23: RareX deal
RareX deal Key commercial terms (closed March 19, 2020) Project Trundle Cundumbul Fairholme Condobolin Jemalong License(s)—EL 8222 6661 6552 & 6915 7748 8502 § Issuing 14.95m common shares at a deemed price of $0.065/sh, subject to Size (km2) 167.0 69.3 169.2 89.1 91.5 12-month lock-up, resulting in
Slide 24: Contact
Contact Sam Spring President & CEO enquiries@kincoracopper.com Melbourne +61431 329 345 Ulaanbaatar +976 701 0095 Vancouver +1 604 283 1722 Follow www.kincoracopper.com Richard Schodde & John Holliday video interview of the LFB (April 2020): https://www.kincoracopper.com/investors/interviews Shareho