Corporate Presentation - June 2021
Released
Released
Announcement PDF
The New Copper
Growth Story on
ASX
June 2021
1
Coda Minerals - Sustaining Tomorrow
Disclaimer
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 at the date of this presentation. In attending this presentation or viewing this document you agree to be bound by the following terms and conditions.
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Not financial product advice: This presentation does not take into account the individual investment objectives, financial situation and particular needs of each of the Company’s shareholders or potential investors. You may wish to seek independent
financial and taxation advice before making any decisions in respect to this presentation. Neither the Company nor any of its related bodies corporate is licensed to provide financial advice in respect of the Company’s securities or any other financial
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Forward-looking statements: Certain statements in the presentation are or may be perceived as “forward looking statements” and represent the Company’s intentions, projections, expectations or beliefs concerning, among other things, future
operating and exploration results or the Company’s future performance. You are cautioned not to place undue reliance on any forward looking statement. These forward looking statements are based on current expectations at the date of this
publication. The projections, estimates and beliefs contained in such forward looking statements necessarily involve known and unknown risks and uncertainties, and are necessarily based on assumptions, which may cause the Company’s actual
performance and results in future periods to differ materially from any express or implied estimates or projections.
Disclaimer: No representation or warrant, express or implied, is made by the Company that the material contained in this presentation will be achieved or prove to be correct. Except for statutory liability which cannot be excluded, each of the
Company, its directors, officers, employees, advisers, agents and contractors expressly disclaims any responsibility for the accuracy, fairness, sufficiency or completeness of the material contained in this presentation, or any opinions or beliefs
contained in this presentation, and excludes all liability whatsoever (including negligence) for any loss or damage which may be suffered by any persons as a consequence of any information in this presentation or any error or omission there from.
The Company is under no obligation to update or keep current the information contained in this presentation or to correct any inaccuracy or omission which may become apparent, or to furnish any person with any further information. Any opinions
expressed in the presentation are subject to change without notice.
Unverified information: This presentation may contain information (including information derived from publicly available sources) that has not been independently verified by the Company.
Photographs used on page 1 , 6 and 14 were provided by Adam Mørk Architectural Photography via http://adammork.dk/.
Rare Investment Opportunity
CAMERON RIVER
One of the few junior copper explorers on the ASX ready to move to the next level
Strong
Foundations
Existing Indicated Resources (MG14 & Windabout),
Materially Extensive Exploration Target (Emmie Bluff)
Verified IOCG Potential (Emmie Bluff Deeps)
Near Term
Growth
Ambitious drill campaign to test Emmie Bluff Deeps
Mineral Resource estimate underway at Emmie Bluff
Tier 1 Locations
Elizabeth Creek1; Olympic IOCG Copper Province
Cameron River2; Mount Isa Inlier
ELIZABETH CREEK
ELIZABETH CREEK
EMMIE BLUFF
DEEPS
IOCG PROSPECT
EMMIE BLUFF
WINDABOUT
250,000T CuEq
Demonstrated
Discovery
Potential
Recent Drill Success Validates Exploration Strategy in
the Olympic IOCG Corridor
Strategic Focus
Discovering and proving up copper resources, an
essential metal for a low carbon future
HANNIBAL
ZAMBIAN STYLE
MG14 NORTH
ZAMBIAN STYLE
ELAINE
IOCG
PROSPECT
MG14
30,000T CuEq
POWERLINE
ZAMBIAN STYLE
Total Area: 701 km2
3
1Coda has the right to earn up to 75% interest in the Elizabeth Creek assets. Current ownership 70% Coda (ASX:COD), 30% Torrens (ASX:TRN). See Appendix D for more details.
Coda
Minerals
Sustaining
Tomorrow
2Coda
has the-right
to earn
up to 80% interest in the Cameron River assets.
Corporate Structure
TOP 20 SHAREHOLDERS (as of 10th June 2021)
Rank Shareholder
ANGANG GROUP HONG KONG (HOLDINGS) LIMITED
MR KEITH FRANCIS JONES & MRS JENNIFER JONES
HSBC CUSTODY NOMINEES (AUSTRALIA) LIMITED
SUNSET CAPITAL MANAGEMENT PTY LTD
CS THIRD NOMINEES PTY LIMITED
LUJETA PTY LTD
COSSACK HOLDINGS (AUS) PTY LTD
MS LINLIN LI
PERSHING AUSTRALIA NOMINEES PTY LTD
LUJAMA PTY LTD
MR PAUL DUNCAN HALLAM & MRS CHRISTINE JOY HALLAM
GOLDNEY PTY LTD
PATHWAYS CORP INVESTMENTS PTY LTD
COMSEC NOMINEES PTY LIMITED
EXIT OUT PTY LTD
ONE MANAGED INVESTMENT FUNDS LIMITED
SKINNER & CHAMPION PTY LTD
LANTECH DEVELOPMENTS PTY LTD
MARVEL VENTURE LIMITED
BRISPOT NOMINEES PTY LTD
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
Total
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Coda Minerals - Sustaining Tomorrow
CURRENT CAPITAL STRUCTURE & SHARE PRICE
%IC
13.92
8.32
6.69
4.73
4.53
3.17
2.22
2.19
1.58
1.56
1.46
1.17
1.17
1.15
0.94
0.94
0.88
0.78
0.74
0.72
58.86%
ASX Code
COD
Share Price [15/06/2021]
$1.69
Ordinary Shares (including escrow)
85,517,184
Options on Issue (exercise price $0.2145)
6,000,000
Market Capitalisation
$144.5M
Top 20 Shareholders
58.86%
Cash and Equivalents [as of 31st March 2021]
$9.9M
Board of Directors & Senior Management
Keith Jones
Colin Moorhead
Robin Marshall
Paul Hallam
Chris Stevens
Susan Park
Matt Weber
NON-EXECUTIVE
CHAIRMAN
NON-EXECUTIVE
DIRECTOR
NON-EXECUTIVE
DIRECTOR
NON-EXECUTIVE
DIRECTOR
CHIEF EXECUTIVE
OFFICER, DIRECTOR
COMPANY SECRETARY
MANAGER – GEOLOGY
Chartered Accountant
and senior mining
industry leader with
over 40 years of
corporate advisory
experience including
former Chairman of
Deloitte Australia and
former Chairman of
Cannings Purple.
Highly experienced
exploration and mine
geologist, past president
of the AuSIMM, former
member of JORC
Committee.
Experienced mining
executive previously
involved in managing
the successful delivery
of some of the world’s
largest resource
projects, including
Chairman of the
Gruyere Steering
Committee, major iron
ore projects for BHP
Billiton Iron Ore and
North Limited.
Accomplished resource
industry leader who has
been directly
responsible for the
delivery and operation
of 11 gold, base metals,
and iron ore projects
over 40 years.
Mineral economist,
feasibility and project
valuation specialist.
Previously, CEO of
Gindalbie Metals where
he led the acquisition
and demerger in 2019.
Former Director of
Mining Operations
Consulting at PwC, held
senior commercial and
consulting roles across
mining and oil and gas.
Ms Park has over 23
years’ experience in the
corporate finance
industry and extensive
experience in Company
Secretarial and NonExecutive Director roles
with ASX, AIM and TSX
listed companies.
Exploration geologist
and mineral economist
with over a decade’s
exploration experience
working with Rio Tinto
and multiple exploration
companies across
Western Australia
focussing on gold, iron
ore and base metals.
Currently Non-Executive
Director of Ora Banda
Mining.
Held senior roles
including CEO PT
Merdeka Copper Gold
Tbk, EGM Minerals at
Newcrest Mining Ltd,
Australia and Geology
Manager at Gosowong
Gold.
Former executive at
FMG, Newcrest and
current NED of Sandfire
Resources.
List of Board and Management personnel above excludes Ansteel Board nominee. More information regarding these directors can be found in Appendix B.
5
Coda Minerals - Sustaining Tomorrow
She is currently
Company Secretary of
several ASX listed
companies.
Copper Fundamentals
Copper holds a crucial role in the development of the modern world. Applications for copper are set to
heighten in unison with the world’s growing energy needs and transition towards a greener future.
DEMAND
Demand remains strong as pressure to cut greenhouse gases and
drive efficiency is contributing to the rising tide of electrification.
$16,000
LME Copper Prices (USD$/tonne
The copper supply is dwindling as grades decline, input costs
increases, and market faces a scarcity of high-quality projects.
$16 ,000
$15,000
Goldman Sachs Forecast Price
$14,000
EMCF High Forecast Price
$14,000
EMCF Mean Forecast Price
$14 ,000
$11,875 $12,000
$12,000
$10,000
SUPPLY
$12 ,000
Current Cu Price*: $9,938
$10 ,000
$9,675
$9,188
$7,880
$8,000
$8,0 00
$6,000
$9,508
$7,529
$9,603
$9,646
$7,206
$7,042
2023
2024
$9,831
$7,297
$6,0 00
$4,000
$4,0 00
2021
6
Coda Minerals - Sustaining Tomorrow
2022
2025
Source: LME, Energy & Metals Consensus Forecasts – 3 Month Moving Average, Copper is the New Oil – Goldman Sachs Commodities Research
*As of 14th June 2021, Source: S&P Global Market Intelligence
Elizabeth Creek
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Coda Minerals - Sustaining Tomorrow
Coda Minerals: Value Proposition
Sales
CORE ASSETS
Resource estimation process for Zambian-Style
Cu-Co mineralisation at Emmie Bluff has
commenced, anticipated completion Q3 2021
EMMIE
BLUFF
INFERRED
RESOURCE
EMMIE
BLUFF
DEEPS
IOCG
Tier 1 IOCG targets located in Olympic IOCG
Copper province, drilling commenced Q2 2021
VALUE ADD ASSETS
Existing MG14 and Windabout Indicated
Mineral Resources contain 280,000t of CuEq
Multiple shallow Cu-Co targets across tenure,
drilling to commence Q3 2021
Shallow Cu-Au targets at Cameron River
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Coda Minerals - Sustaining Tomorrow
9
Drilling IOCG Targets in Elephant Country
Olympic Dam
114km NNW
Oak Dam West
16km NE
EMMIE BLUFF DEEPS
Emmie Bluff
Emmie Bluff Deeps
Chianti North
Recently drilled extensive IOCG alteration encountered. Target defined by a series
of coincident and semi-coincident gravity and magnetic anomalies.
Elizabeth North
Carrapateena
40km E
Chianti
Windabout NE
Hannibal
Windabout
Elaine Zone
MG14 North
MG14
Powerline
SA Government IOCG Prospectivity
Modelling: Eastern Gawler Craton
ELAINE
Coinciding geophysical anomalism, comparable to other large IOCG systems in the
Eastern Grawler Craton.
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Coda Minerals - Sustaining Tomorrow
Zambian Style Sediment
Hosted Resource/Prospect
Existing Resources
IOCG Target
Targeting Emmie Bluff Deeps
SAE 4
HIGH GRAVITY, LOW MAGNETIC
Demagnetisation likely associated with multiple generations of fluid
flow events suggesting a potentially extensive hydrothermal system
MGD 55
SAE 3
EXTENT
Targeted gravity anomaly extends over approximately 1,800m by 1,100m,
of which approximately half lacks significant magnetic anomalism
BIRDS EYE
A
A|
EMMIE
BLUFF
DEEPS
EMMIE BLUFF
CROSS SECTION
DD21EB0018
Emmie Bluff
Emmie Bluff Deeps
EL 6265
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Coda Minerals - Sustaining Tomorrow
IOCG Mineralisation Intersected at Emmie Bluff Deeps
Massive haematite breccia, probably in
ex-Wandearah Fm siltstone. Elevated
Ce/La confirmed by portable XRF
Interpreted Hiltaba granite,
haematitised and chloritized, increasing
chlorite alteration with depth.
Significant K-feldspar and sericite
alteration in patches
Strongly altered (haematite, chlorite,
sericite dominant) 50m zone of intense
copper sulphides, increasing with depth.
Dominated by chalcopyrite in blebs and
forming in line with remnant
sedimentary structures. Bornite
concentration increasing with depth.
Decreasing haematite and copper
sulphides, increasing silica alteration
DD21EB0018
Intersect 200m of intense IOCG alteration including
approx. 50m of copper sulphide mineralisation
consisting of chalcocite, chalcopyrite and bornite zones
ALTERATION ASSEMBLAGE
Host-rock alteration assemblage encountered includes
chlorite, baryte, sericite, and potassium feldspar, all
typical of IOCG deposits in the region
XRF READINGS
Portable XRF readings have confirmed the presence of
copper, as well as highly elevated levels of pathfinder
elements such as La, Ce, Co and Mo
Logged massive haematite
Logged interbedded steely haematite and Wandearah Siltstone
Mineralised zone, 80m @ 0.4% Cu within a broader 105m zone of massive haematite.
Logging indicated only trace chalcopyrite, no bornite. Interpreted to indicate substantially
lower tenore mineralisation than appears to have been encountered in DD21EB0018
11
Coda Minerals - Sustaining Tomorrow
Emmie Bluff Deeps - Mineralisation Zone
COPPER SULPHIDE ZONATION
•
•
•
UPPER ZONE: disseminated and blebby
chalcocite/bornite in massive haematite, a
narrow zone of chloritic and haematised
sediment,
MIDDLE ZONE: strongly haematised
dominated by chalcopyrite and accessory
bornite with elevated molybdenum and
cobalt levels detected by portable XRF, and
LOWER ZONE: including both bornite and
chalcopyrite, again primarily in blebs and
veinlets.
12
Coda Minerals - Sustaining Tomorrow
Advanced Indicated Resources
•
•
Established, Zambian-style CopperCobalt Indicated Mineral Resources at
Windabout and MG14.
Advanced geotechnical and metallurgical
understanding, ongoing optimisation
studies.
WINDABOUT
17.67 MT @ 0.77% Cu, 492 ppm Co, 8 g/t Ag*
N
MG14
1.83 MT @ 1.24% Cu, 334 ppm Co, 14 g/t Ag*
Primed for near-term development.
13
*(0.5% CuEq Cutoff)
Coda Minerals - Sustaining Tomorrow
N
14
Emmie Bluff Resource Estimation
Final phase of drilling prior to Mineral Resource estimation
has commenced May 2021.
Emmie Bluff Exploration Target1
Tonnage Range
(Mt)
Cu Range
(%)
Co Range
(%)
Ag Range
(g/t)
Cu Eq. Range1
(%)
46 - 77
0.34 - 1.5
0.02 - 0.10
5 - 19
0.5 - 2.3
LATERAL EXTENT CONFIRMED
Exploration Target’s scale (>4.5km2 of lateral extent) has been
supported by seismic and drilling (17 Holes to date in 2020/21).
EXPANSION POTENTIAL
Demonstrated mineralisation beyond Exploration Target bounds,
room to grow to the south and southeast.
JORC 2012 COMPLIANT RESOURCE ESTIMATION IMMINENT
Final phase of drilling prior to Mineral Resource estimation
planned for Q2-Q3 2021, Resource Estimate expected Q4 2021.
14
Coda Minerals - Sustaining Tomorrow
1The Company notes that the potential quantity and grade of the Exploration Target is conceptual
in nature, and that there has been insufficient exploration to estimate a Mineral Resource. It is
uncertain whether further exploration will result in the estimation of a Mineral Resource.
Emmie Bluff Structural Setting
Domino-Style
Extensional Faulting
BASEMENT
• Tapley Hill Formation deposited in a
palaeotopographic low created by a
half-graben derived from domino-faulting .
North Looking 2D Seismic Section, Emmie Bluff
• Half-graben defined by major, pre-depositional
basement-tapping, NE aligned west dipping fault.
15
Coda Minerals - Sustaining Tomorrow
MINERALISING STRUCTURE
Interpreted NW trending mineralizing
structure. allowed for shallower transfer of
metal rich fluids into reducing environment
around Tapley Hill black shale.
SAE 20
SAE 18
Merged Lode: 3.3m from 403.35m @ 5.63% CuEq
Merged Lode: 5m from 410.8m @ 1.98% CuEq
SAE 17
DD21EB0013
Merged Lode: 3.05m from 411m@ 2.57% CuEq
Upper Lode: 3m from 400.47m @ 4.71% CuEq
DD21EB0008
Upper Lode: 1.83m from 419.96m @ 1.74% CuEq
DD21EB0012
Upper Lode: 2.24m from 497.11m @ 3.19% CuEq
DD20EB0007
Merged Lode: 3.49m from 454.2m @ 2.22% CuEq
DD21EB0014
Merged Lode: 2.13m from 445.25m @ 3.53% CuEq
•
Mineralisation occurs as narrow bands at the upper and lower contacts of the Tapley Hill Fm Black Shale.
•
Upper and Lower lodes tend to merge into thicker, higher grade lodes at edges, where shale pinches out
3.3km within Coda Tenure.
Opportunities for expansion to the South and Southeast
16
Coda Minerals - Sustaining Tomorrow
Assay results presented are for illustrative purposes, please refer to release: 26 April 2021 for full details
17
Ongoing Regional Exploration
Opportunities for new deposits, resource expansion
IOCG
EMMIE BLUFF DEEPS
Proximal historical IOCG mineralisation intersected.
Ongoing drillhole targeting low-mag, high-grav core of IOCG system
after extensive geophysical re-evaluation.
SEDIMENT HOSTED CU
HANNIBAL
Potential Emmie Bluff repeat on opposite side of Pernatty Upwarp.
6 hole initial RC programme in previously untouched area.
POWERLINE
Historical evidence of mineralisation and shale body geometry.
Up to 12 RC holes planned <10km southwest of MG14.
MG14 NORTH
Opportunities for expansion to the north and west.
Up to 22 low-cost, shallow RC holes for significant potential uplift.
17
Coda Minerals - Sustaining Tomorrow
Planned Drilling at Elizabeth Creek in the coming months. Green dots represent planned holes.
Coloured dots represent mineralised holes as per the legend in the previous slidce. The MG14
Indicated Mineral Resource (0.5% CuEq cut off) is outlined as the black dashed line in the lower
right.
Cameron River
Queensland – Cameron River Project
Coda is earning up to 80% ownership of the Cameron River Copper-Gold
Project through low-risk, staged expenditure.
COMPLEMENTS FLAGSHIP ELIZABETH CREEK PROJECT
• Provides Coda with additional exposure to buoyant copper market through highly
prospective copper-gold exploration assets.
• Numerous anomalous rock chips, up to 22% Cu and 6.58 g/t Au respectively.
LOW RISK STAGED FARM IN
• Stage 1: $1 million exploration expenditure within 2 years to earn a 51% interest.
• Stage 2: Additional $1 million expenditure within 1 year of earning the Stage 1
interest, to earn an additional 29% interest
OPPORTUNITIES FOR RAPID START UP
• Existing native title agreement and walk-up geochemical targets.
• Coda’s strong cash balance will allow the Company to deliver on both its current
and future commitments.
19
Coda Minerals - Sustaining Tomorrow
20
ESG Compliance and the Green Economy
Emmie Bluff presents opportunities for value creation in a greening and
increasingly ethically focused world.
COPPER AND COBALT
Coda’s focus is on key commodities driving the green revolution, with
extraordinary anticipated demand growth.
SUPPLY CHAIN PREMIUMS
Conflict-free, ethical supplies of cobalt are rare and sought after by
manufacturers, likely to attract a premium.
ENVIRONMENTAL COMMITMENT
Coda is committed to environmentally responsible operations and is
actively researching low impact lixiviants for application at Elizabeth Creek.
STRONG RELATIONSHIP WITH TRADITIONAL OWNERS
Coda has a strong, productive and respectful relationship with the
Traditional Owners of the land on which it works.
20
Coda Minerals - Sustaining Tomorrow
Ambitious Work Program
Coda will focus on delivery of a Mineral Resource at Emmie Bluff while progressing emergent IOCG and other
exploration opportunities at Elizabeth Creek and Cameron River.
Q2 2021
EMMIE BLUFF
Q3 2021
Emmie Bluff Inferred Drill Programme
Resource Development & Estimation
Inferred Resource
Anticipated Release
Emmie Bluff Deeps IOCG Drilling
IOCG
3rd Diamond Rig Arrives
REGIONAL
Regional Exploration Drilling
Emmie Bluff VTEM Acquisition & Interp
Regional Exploration Assay Final
EXPLORATION
Geochemical Exploration Program
CAMERON
RIVER
21
Q4 2021
Soil Sample Assay Results
Coda Minerals - Sustaining Tomorrow
*Timeline is indicative only
WHY INVEST IN CODA?
AMBITIOUS TRANSFORMATIONAL
ONGOING WORK PROGRAM
STRONG FOUNDATIONS; $9.9M CASH,
HIGHLY EXPERIENCED BOARD
EXISTING 280,000 CUEQ AT MG14
AND WINDABOUT (JORC 2012 INDICATED)
MAIDEN RESOURCE AT EMMIE BLUFF
Q4 2021
INITIAL RESULTS AT EMMIE BLUFF
DEEPS ILLUSTRATES COMMITMENT TO
EXPLORATION
22
Coda Minerals
Tomorrow
Coda
Minerals- Sustaining
- Sustaining
Tomorrow
Appendices
Copper &
Future Minerals
Appendix A: Statements
Mineral Resources & Competent Person Statement
Mineral Resources and Exploration Targets
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 available to view on
https://www.asx.com.au/asxpdf/20180119/pdf/43qxphjd18l2x0.pdf. The company confirms that it is not aware of any new information or data that materially affects the information included in the original market announcement and, in the case
of estimates of Mineral Resources or Ore Reserves, that all material assumptions and technical parameters underpinning the estimates in the relevant market announcement continue to apply and have not materially changed. The company
confirms that the form and context in which the Competent Person’s findings are presented have not been materially modified from the original market announcement.
2.
Windabout Indicated Mineral Resource: The information is extracted from the report entitled "Mt Gunson Copper-Cobalt Project Update" created on 19 January 2018 and is available to view on
https://www.asx.com.au/asxpdf/20180119/pdf/43qxphjd18l2x0.pdf. The company confirms that it is not aware of any new information or data that materially affects the information included in the original market announcement and, in the case
of estimates of Mineral Resources or Ore Reserves, that all material assumptions and technical parameters underpinning the estimates in the relevant market announcement continue to apply and have not materially changed. The company
confirms that the form and context in which the Competent Person’s findings are presented have not been materially modified from the original market announcement.
3.
Emmie Bluff Exploartion Target: The information is extracted from the report entitled "Initial Exploration Target at Emmie Bluff" created on 19 June 2019 and is available to view on
https://www.asx.com.au/asxpdf/20190619/pdf/445yk7d7vkq685.pdf . The company confirms that it is not aware of any new information or data that materially affects the information included in the original market announcement and, in the
case of estimates of Mineral Resources or Ore Reserves, that all material assumptions and technical parameters underpinning the estimates in the relevant market announcement continue to apply and have not materially changed. The company
confirms that the form and context in which the Competent Person’s findings are presented have not been materially modified from the original market announcement.
Competent Person Statement for JORC 2012 Mineral Resources
This report was prepared in accordance with the 2012 Edition of the ‘Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves’ (“JORC Code”) by Tim Callaghan, who is a Member of the Australian Institute of Mining and
Metallurgy (“AusIMM”), has a minimum of five years’ experience in the estimation and assessment and evaluation of Mineral Resources of this style and is the competent Person as defined in the JORC Code. This announcement accurately summarises
and fairly reports his estimations and he has consented to the resource report in the form and context it appears.
The MG14 and Windabout Mineral Resource at the Mount Gunson Copper-Cobalt Project has been estimated by Mr Tim Callaghan, an external consultant, and is reported under the 2012 Edition of the Australasian Code for reporting of Exploration
Results, Mineral Resources and Ore Reserves (see Gindalbie Metals ASX announcement 19 January 2018 titled: Mt Gunson Copper-Cobalt Project Update).
Competent Person Statement for JORC 2012 Exploration Target
Information relating to the Exploration Target and Exploration Results for Emmie Bluff is based on, and fairly represents, information and supporting documentation compiled by Craig Went, a Senior Associate Geologist of Mining & Process Solutions Pty.
Ltd. Mr Went is a Member of the Australasian Institute of Mining and Metallurgy (“AusIMM”), and has a minimum of five years’ experience which is relevant to the style of mineralisation and type of deposit under consideration and to the activity which
he is undertaking to qualify as a Competent Person as defined in the 2012 Edition of the ‘Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves’ (”JORC Code”). Mr Went consents to the inclusion of the matters based
in this ASX Release on his information in the form and context in which it appears.
24
Coda Minerals - Sustaining Tomorrow
Appendix B: Board and Management Extended Bio
Keith Jones BBus, FCA, FAICD, FFin
Non-Executive Chairman
Mr Jones is an experienced public company Chairman with a background of over 40 years professional experience providing advisory and consulting services to the mining and resources sector. Mr Jones served for 10
years on the Board of Deloitte Australia and was elected Chairman of Deloitte Australia for four years. He is the former Chairman of Gindalbie Metals Limited and Cannings Purple and currently serves as a NonExecutive Director of ASX listed Ora Banda Mining Limited. Mr Jones has significant executive leadership experience serving for 15 years as the Managing Partner of Deloitte in Western Australia and as Leader of the
National Chinese Services Group and National Energy and Resources Group. As a Partner of Deloitte, Mr Jones provided Audit, Corporate Finance and Advisory Services to a wide range of corporate clients with a focus
on the resources sector. He has also advised on numerous transactions, capital raisings, valuations and takeovers as advisor or expert.
Robin Marshall
I.Eng (UK), MAICD
Non-Executive Director
Mr Marshall has previously been involved in managing the successful delivery of some of the world’s largest resource projects, including major iron ore projects for BHP Billiton and North Limited. At Vale Inco, he held
the position of Project Director with responsibility for delivery of the multi-billion dollar Goro Nickel Project in New Caledonia through to its commissioning in early 2009. At BHP Billiton Iron Ore, Mr Marshall held the
position of Vice President – Asset Development Projects with responsibility for the development of a number of projects in the first wave of expansion in the iron ore business sector. In additional to these roles, Mr
Marshall also previously held key positions of Project Manager for the West Angelas Iron Ore Project with North Limited, Project Director with Iron Ore Company of Canada, Manager Projects for Forrestania
Gold/LionOre Australia, Manager Engineering & Project Services for Western Mining Corporation and Project Manager for Nedpac (Signet Engineering).
Paul Hallam BE(Hons)Mining, FAICD, FAU SIMM
Non-Executive Director
Mr Hallam has more than 40 years Australian and international resource industry experience. His operating and corporate experience is across a range of commodities (iron ore, bauxite, alumina, aluminium, gold, silver,
copper, zinc and lead) and includes both surface and underground mining. Mr Hallam retired in 2011 to pursue a career as a professional non-executive director. He has held Australian and international non-executive
director roles since 1997. His former executive roles include Director – Operations with Fortescue Metals Group, Executive General Manager – Developments & Projects with Newcrest Mining Limited, Director –
Victorian Operations with Alcoa and Executive General Manager – Base and Precious Metals with North Ltd. Mr Hallam is a qualified mining engineer and holds a BE (Hons) from Melbourne University and a Certificate
of Mineral Economics from Curtin University. He is a Fellow of the Australian Institute of Company Directors and the Australasian Institute of Mining & Metallurgy.
Colin Moorhead
BSc(Hons) FAusIMM (CP) GAICD
Non-Executive Director
Mr Moorhead is an experienced mining professional. He is well recognised in the mining industry, including building safe, successful and highly regarded technical teams; ability to develop and deliver strategy, culture
and governance; a thorough understanding of the technical, legal and commercial aspects of the mining business with an exposure to many different cultures and operating environments. Also recognised as a leader in
the areas of health, safety, environment and community. Prior to joining Coda Minerals, he served as CEO PT Merdeka Copper Gold Tbk (2016-2018), EGM Minerals, Newcrest Mining Ltd, Australia (2008- 2015), GM
Resources & Reserves of the same company (2006- 2008), Geology Manager, PT Nusa Halmahera Minerals, Gosowong Gold Mine, Indonesia (2003-2006), Technical Services Manager, Cadia Holdings Ltd, NSW, Australia
(1997-2003), and various other positions in the mining industry in a career spanning 33 years since 1987. Mr. Moorhead a former member of The JORC Committee and also served as President of the Australasian
Institute of Mining and Metallurgy (AusIMM) for 2017-2018.
25
Coda Minerals - Sustaining Tomorrow
Appendix B: Board and Management Extended Bio
Chris Stevens BA (Hons), MA (Oxon), MSc, GAICD
Chief Executive Officer, Director
Mr Stevens is an experienced resources executive and mineral economist who, prior to joining
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