Koba Resources Limited · ASX:KOB
Koba Resources — Investor Presentation (February 2024)
24 slides from Koba Resources's investor presentation, February 2024
Slide 1: Advancing The Yarramba Uranium Project, South Australia
Advancing The Yarramba Uranium Project, South Australia February 2024
Slide 2: Capital Structure Post Completion of the Yarramba Project Acquisition
Capital Structure Post Completion of the Yarramba Project Acquisition Share Price Market Capitalisation Share Price Performance A$0.165 A$26.1m Past 12 months $0.20 As at 9 February 2024 Acquisition Shares on Issue Cash of Yarramba $0.165 158.1m A$6.0m $0.15 As at 31 December 2023 plus subsequent ra
Slide 3: Yarramba Uranium Project Within a World-Class Uranium District
Yarramba Uranium Project Within a World-Class Uranium District Koba has acquired the right to earn at least an 80% interest in over 5,100km2 of highly prospective tenure in South Australia – amongst significant uranium operations. • Yarramba is located: • 17km north of the Honeymoon Uranium Operatio
Slide 4: Previous Operator
Previous Operator Curnamona Energy Limited achieved a market capitalisation of A$120m during 2007, based on a project largely coincident with Koba’s Yarramba Uranium Project. • Curnamona completed an IPO and listed on the ASX in 2005. • Between 2005 – 2012 Curnamona drilled 1,074 holes for 104,335m.
Slide 5: Oban Deposit
Oban Deposit The Oban Uranium Deposit has a JORC 2004 compliant resource* of: 8.2Mt @ 260ppm U3O8 for 4.6mlbs of U3O8* • Opportunities to discover extensions of thick, high-grade mineralisation at Oban. Previous intersections include: ▪ 7.5m @ 831ppm U3O8; ▪ 4.5m @ 964ppm U3O8; and ▪ 3.9m @ 1,104ppm
Slide 6: Greater Oban Area Potential to Grow
Greater Oban Area Potential to Grow Oban Deposit is centred on a 7km-long anomalous trend. • Multiple significant uranium intersections have been returned over 2km south of Oban at the Berber Prospect, including: ▪ 1.0m @ 860ppm U3O8; and ▪ 0.5m @ 1,200ppm U3O8. • Numerous dill holes contain highly
Slide 7: Mt John Prospect Within the Highly Endowed Yarramba Paleochannel
Mt John Prospect Within the Highly Endowed Yarramba Paleochannel Immediately along strike from over 50mlbs of uranium resources at the Honeymoon, Jason and Saffron Deposits. • Previously broad-spaced drilling to define the extents of the paleochannel and a first pass test for uranium. Drilling resul
Slide 8: Numerous Prospects to Explore
Numerous Prospects to Explore >5,100km2 and over 250km of paleochannels to explore. The next Honeymoon could well be hidden at Yarramba. • The Honeymoon deposit is approximately 800m x 400m and comprises 36mlbs @ 660ppm U3O8. • Yarramba North – within the Yarramba paleochannel where limited, broad-
Slide 9: Maiden Drilling Planned at Yarramba in the 2nd Quarter of 2024
Maiden Drilling Planned at Yarramba in the 2nd Quarter of 2024 Initial focus to be the expansion of the Oban Deposit and discovery at the Mt John Prospect • Koba’s upcoming drill program will be the first uranium exploration undertaken at the Yarramba Project since 2012. • Planning ~10,000m for the
Slide 10: Lithium Projects in North America
Lithium Projects in North 10 America. MANITOBA QUEBEC Whitlock Lithium Project Koba Resources is exploring a portfolio of lithium projects in world class districts including: JB1 Lithium ONTARIO Project • One of Canada’s two currently producing Idaho Cobalt Belt lithium districts in Manitoba. Four p
Slide 11: Whitlock Lithium Project, Manitoba, Canada
Whitlock Lithium Project, Manitoba, Canada Immediately along strike from the Tanco Lithium Mine, Manitoba, Canada Tanco Lithium Mine. Tanco is also the world’s largest producer of caesium and contains the largest tantalum reserves in Canada. Koba’s Whitlock Lithium Project 1991 Reserves Lithium Tant
Slide 12: Whitlock Lithium Project
Whitlock Lithium Project Within the Prolific Ontario-Manitoba Lithium Province 6.8Mt @ 1.39% Li2O Information source see Appendices | Uranium for nuclear energy’s resurgence 12
Slide 13: Whitlock Lithium Project
Whitlock Lithium Project Surrounded by lithium deposits Manitoba & Ontario, Canada Whitlock Li project Mine or Deposit Pegmatite Bird River Greenstone Belt Historical drilling Roads N 5km | Uranium for nuclear energy’s resurgence 13
Slide 14: Whitlock Lithium Project
Whitlock Lithium Project Extensive Network of Mapped Pegmatites Discovered three prospects with lithium-bearing pegmatites during 2023 exploration programs • Blue Moon Prospect returned assays up to 3,806ppm Cs2O, 731ppm Ta2O5, 0.15% Li2O and 0.63% SnO2. Pegmatites outcrop over 70m of strike and 3m
Slide 15: JB1 Lithium Project, Quebec
JB1 Lithium Project, Quebec 87.5m @ 1.3% Li2O Surrounded by significant lithium deposits Trieste Project Loyal Lithium 26m @ 1..6% Li2O Located in the world class James Bay 59Mt @ 1.12% Li2O Cancet Project lithium province in Quebec. Winsome Resource 109.2Mt @ 1.4% Li2O Corvette Project Adina Projec
Slide 16: JB1 Lithium Project
JB1 Lithium Project Limited Previous Exploration Highly-prospective for lithium-pegmatites. • Critical Elements Lithium Corporation discovered a new spodumene bearing pegmatite 4.5km to the east. • In 2023 a field crew collected 117 outcrop samples and 20 till samples. • Limited historic exploration
Slide 17: Disclaimer
Disclaimer This presentation prepared by Koba Resources Limited (“Company”) does not purport to contain all the information that a or intended. These forward-looking statements are expressed in good faith and believed to have a reasonable basis. These prospective investor may require in connection w
Slide 18: Appendices
Appendices 18 Unit 25, Level 3, 22 Railway Road Subiaco Western Australia 6008 Phone: +61 8 9226 1356 Email: [email protected] kobaresources.com
Slide 19: Strong Board and Technical Team
Strong Board and Technical Team Extensive uranium experience Mike Haynes Ben Vallerine Scott Funston Mark Couzens Non-Executive Chairman Managing Director Non-Executive Director Exploration Manager • 30 years’ experience in international • Founding Managing Director of Koba • Chartered Accountant an
Slide 20: Geological setting of the Frome Embayment and its numerous sand-hosted uranium deposits
Geological setting of the Frome Embayment and its numerous sand-hosted uranium deposits Sand-hosted uranium deposits and ISR mining account for over 50% of global production. | Uranium for nuclear energy’s resurgence 20
Slide 21: Uranium Price is Rising An Extended Bull Market?
Uranium Price is Rising An Extended Bull Market? U3O8 price surged to US$106 per pound in U3O8 price Rising amid increasing signs of strong demand and risks to supply January 2024, the highest since 2007. Uranium ($US/lbs) Source: tradingeconomics.com 106 • Nuclear energy is a carbon-free, base-load
Slide 22: Oban JORC 2004 Mineral Resource Estimate
Oban JORC 2004 Mineral Resource Estimate Contained U3O8 Contained U3O8 Project Classification Tonnes (Mt) U3O8 (ppm) (million pounds) (Tonnes) Oban1 Inferred 8.2 260 4.63 2,100 1Details released to the ASX by Curnamona Energy Limited* on 4 June 2009 applying a grade-thickness cut-off of 0.015 metre
Slide 23: Information Sources
Information Sources Manitoba / Ontario References 12. Whabouchi Lithium Deposit - Nemaska Lithium NI 43-101 Technical Report for the Whabouchi Mine and Shawinigan Electrochemical plant Nemaska Project. 1. Tanco Mine - GSWA Mineral Resources Bulletin 22, Chapter 10. International tantalum resources 1
Slide 24: Contact
Contact 24 Unit 25, Level 3, 22 Railway Road Subiaco Western Australia 6008 Phone: +61 8 9226 1356 Email: [email protected] kobaresources.com
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