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Re-discovering The West Congolian Copperbelt
October 2014 | HEC - TSX-V
CAUTIONARY NOTE
The information contained herein has been prepared solely for the purposes of providing the reader with general information to assist in understanding Handa Copper Corporation’s (‘Handa’ or ‘the Company’) projects in the Republic of Congo. Such being the case, no representation or warranty, expressed or implied, is made as to the realization or the ability of Handa to successfully explore and develop this project. Though the information contained herein is obtained from sources that are deemed to be reliable and thought to be accurate, nothing in this presentation is, or shall be, relied upon as a promise or representation of the future performance of the Company, and the Company’s activities are subject to the usual risk factors involved in exploration and mining ventures of this nature. The reader is further cautioned that the Company’s future plans, objectives, and goals are forward-looking statements. The forward-looking statements are not guarantees of future performance and undue reliance should not be placed on them. Actual results may differ materially as a result of any number of factors and uncertainties, many of which are beyond the Company’s control. Handa undertakes no obligation to revise any forward-looking statements except as required by applicable securities laws. None of the information contained herein is intended to or imply as an offering of securities. This information is provided solely for the purposes of enabling interested parties to evaluate the Company and the Projects.
2 Handa Copper Corporation | HEC-TSX.V
REPUBLIC OF CONGO - WHY WE ARE EXCITED
Handa Copper Corporation | HEC-TSX.V 3
Copper has been produced in the Congo for centuries from small-scale, high grade operations. No modern exploration techniques have been employed to evaluate the copper potential on Handa’s exploration licences.
Copper malachite in soils at Maboudou Project APRIL 2014
REPUBLIC OF CONGO
THE REPUBLIC OF CONGO (CONGO BRAZZAVILLE)
Handa Copper Corporation | HEC-TSX.V 4
SOLID LEGAL FRAMEWORK • EITI candidate country • Investor-friendly mining code
enacted in 2005: • Allows 100% foreign
ownership • 10% government free-carry in
mining operations • 3% Royalty • Exemption on all import
duties and taxes • Corporate tax - 30%
INVESTMENT • Well-established and
lucrative petroleum industry
• 5th largest oil producer in sub-Saharan Africa
• Advanced mineral projects:
. New Mining Act 2005
Republic of Congo is politically and financially stable with a strong infrastructure and solid legal framework for mining companies, and a desire by government to accelerate economic growth by promoting resource development.
STABILITY • Politically and financially
stable and improving for the last 15 years.
• 3.4% GDP real growth rate • Population 4,4 million
INFRASTRUCTURE • Bitumen road rehabilitation
and construction underway • New airports at Brazzaville
and Pointe Noire – 3 domestic carriers
• Cement output increased by 100% in 2012 USGS), reflecting infrastructure-related demand.
PETROLEUM INDUSTRY DOMINATES ECONOMY-MINING POTENTIAL ATTRACTING INTERNATIONAL PLAYERS
PETROLEUM 5th largest producer in sub-Saharan Africa Total, ENI and others
IRON ORE Mayoko Iron Ore Exxaro
Moussandji Iron Ore Equatorial Resources
Zanaga Iron Ore Glencore Xstrata
INDUSTRIAL MINERALS Sintoukola Potash Project Elemental Minerals
Hinda Phosphate Teck Resources
Cement and aggregate
BASE METALS Kingouala and the Reneville (Cu-Pb-Zn) NGEx Resources
Grande Cu and Yanga Koubanza (Pb-Zn) SOREMI
5 Handa Copper Corporation | HEC-TSX.V
INFRASTRUCTURE ADVANTAGE VS CENTRAL AFRICAN COPPERBELT
Handa Copper Corporation | HEC-TSX.V 6
The West Congolian Copperbelt has superior infrastructure with our both project areas benefiting from proximity to port facilities and good road and rail access.
Deep-water port at Pointe Noire
Road rehabilitation Pointe Noire
to Dolisie
Upgrade of Brazzaville to Pointe Noire Rail.
Road
Railway
Upgrade of northern railway for advanced iron-ore Projects
THE HANDA COPPER TEAM
Handa Copper Corporation | HEC-TSX.V 7
MANAGEMENT
Marek Kreczmer, M.Sc. CEO & Director Over 25 years of experience developing projects in Africa and public natural resources companies. Founded Tanzanian Royalty Exploration Corp. TSX/NYSE, Hana Mining Ltd. TSX-V, acquired by Cupric Canyon Capital; and Handa Copper Corp. TSX-V
Jon Stacey, B.Sc. President A geologist with extensive experience in identifying and executing mineral projects throughout Africa. Born, raised and resident of Zambia, fluent in Bemba. Owner of Tangila Exploration and founding Director of Infinity Minerals & Resources Ltd.
BOARD OF DIRECTORS Anton Gabriel Esterhuizen, BSc (Hons), Msc (MinEx), FGSSA Director A geologist resident in South Africa with 40 years of experience in the continent. The founder and MD of Pangea Exploration (Pty) Limited and recipient of the Des Pretorius Memorial Award for outstanding work in economic geology in Africa and the Dreyer Award by the Society for Mining Metallurgy and Exploration Inc (USA) for outstanding achievements in applied economic geology. Hi participated in numerous discoveries: In Tanzania: Tulawaka, Buzwagi and Golden Ridge In South Africa: the world class high grade Rhovan vanadium deposit, the Taaiboschspruit coal mine, the 16Moz Burnstone gold deposit, Hillendale Ti-Zr deposit In Kenya: the Kwale Ti-Zr deposit In Mozambique: the world class Corridor Sands deposit Dr. Humphrey Mathe, M.Sc, P.H.D., Director Over 36 year relevant experience developing projects in Africa. During his distinguished career was involved in senior executive positions with Exxaro and Eyesizwe Coal, the largest black-owned, controlled, operated coal mining company in South Africa. Darryl Yea, M.Sc., Director President of Investco Capital management Inc. and previously President and CEO of TSX-listed Datawest Solutions Inc and a national financial services organization. Former member of the Board of Governors of the predecessor of the TSX-Venture Exchange and chaired its Corporate Finance Committee
THE HANDA COPPER TEAM (Continued)
8 Handa Copper Corporation | HEC-TSX.V
ADVISORY TEAM
Greg McKelvey, M.Geol. Advisor A geologist with over 40 years of world-wide experience. Directed and lead exploration efforts resulting in the discovery and identification of three major ore deposits • published two USGS mineral resource
assessment programs • Currently an Adjunct Faculty member at the
University of Arizona • Participated in or organized and lead the teams
that discovered: • Sossego (Cu/Au), Brazil, • Sheep Creek (Zn, Cu, Co), Montana, • Spar Lake – Cabinet Mts. (Cu, Ag),
Montana, • Marble Island (High purity CaCo3),
Alaska, • Sechura, (P2O5), Peru, • Extensions of the Punta de Cobre
(Cu/Au) deposits, Chile, • Cerro Lindo (Zn, Pb, Cu), Peru, • Sierra Gorda (Cu), Chile, • Kinsley Mtn (Au), Nevada • Extensions of ore at Chino (Cu), New
Mexico.
CORPORATE STRUCTURE
Handa Copper Corporation | HEC-TSX.V 9
HANDA COPPER CORPORATION TSX-V.HEC
Market Capitalization $ 0.93M
Cash On Hand $ 0.73M
Common Shares Outstanding
8,469,180
Options 426,000
Fully Diluted Shares 8,895,180
MAJOR SHAREHOLDERS
% OF O/S
NWT Uranium Corporation 10.02
Management 9.89
Cupric Canyon Capital 8.91
Makenzie Financial Corporation
4.35
Handa has the right to acquire 100% interest in the projects subject to 10% compulsory government participation and 1.445% vendor royalty (which can be purchased).
Handa Copper Corporation | HEC-TSX.V 10
TETELO-MAVOIO 16 MT @ 2.4% Cu Exploration Ongoing
BAMBA KILENDA Tonnage uncertain 5-20% Cu; Exploration Ongoing
BHOKO SONGO AfriOre - Pending information West Congolian Belt
Cu Deposit
Cu Occurrence
THE WEST CONGOLIAN BELT
SEDIMENTARY COPPER IN SUB-SAHARAN AFRICA
11 Handa Copper Corporation
CENTRAL AFRICAN COPPERBELT WORLD’S RICHEST COPPER PROVINCE Avg. 72 MT @ 3% Cu
KHOEMACAU (HANA GHANZI) 40 MT @ 1.9% Cu
TSUMEB 30 MT @ 4.3% Cu
TETELO-MAVOIO 16 MT @ 2.4% Cu
COPPERBELTS COMPARED
12
DAMARAN CENTRAL AFRICAN COPPERBELT
WEST CONGOLIAN COPPERBELT HANDA COPPER
635 Ma
730 Ma
900 Ma
MARINOAN GLACIATION
STURTIAN GLACIATION
Banda-Kayes Maboudou
TSUMEB 30MT 4% Cu 9%
KIPUSHI 70MT 4.8% Cu 8.8%
KAMOA 550MT 3% Cu
COPPERBELT Avg 2.5% Cu
LUMWANA 914MT @ 0.49%
OAMITES
OMITIOMIRE 136MT @ 0.53%
MAFOUMBI OCCURRENCES
BAMBA-KILENDA 2-20%Cu
TETELO-NAVOIO [email protected]%
MINDOULI GROUP
MABOUDOU TARGET
Petit Congl
Grand Cong
Tillite Sup.
Tillite Inf.
visible copper occurrence
Chuos Fm
COPPERBELT COMPARISON
13 Handa Copper Corporation | HEC-TSX.V
FEATURES CENTRAL AFRICAN COPPERBELT
WEST CONGOLIAN COPPERBELT
Age Neoproterozoic Neoproterozoic
Mineralisation style Sediment-hosted stratabound Cu-Co-Zn-Pb Sediment-hosted stratabound Cu-Co-Zn-Pb
Basin architecture Failed rift- intracratonic basin Failed rift- intracratonic basin
Stratigraphy Similar due to same depositional conditions.
Similar due to same deposit ional conditions.
Structure Belt divided into 3 structural zones Belt divided into 3 structural zones
Achaean granitogneiss basement
Present Present
Host lithologies Dolomites of the Mine Series
Dolomites of the Schisto-calcaire group
Marker horizons Glaciogenic diamictites/conglomerates Glaciogenic diamictites/conglomerates
TONNAGE AND GRADE OF AFRICAN COPPER DEPOSITS
14 Handa Copper Corporation | HEC-TSX.V
OCCURRENCE COUNTRY BELT COMPANY MEASURED
CONTAINED METAL (Cu MT)
MT Cu%
Kamoa DRC Central African Copperbelt Ivanplats 739.0 2.67 19.73
Sentinel Zambia Central African Copperbelt First Quantum 489.0 0.55 2.69
Lumwana Zambia Central African Copperbelt Barrick 322.0 0.73 2.35
Tenke DRC Central African Copperbelt Lundin 52.0 3.70 1.92
Tsumeb Namibia Damaran Dundee Precious Metals 30.0 4.30 1.29
Kansanshi Zambia Central African Copperbelt First Quantum 80.0 1.11 0.89
Tetelo-Mavoio Angola West Congolian Copperbelt Solantera Resources 16.0 2.46 0.39
Khoemacau (Ghanzi)
Botswana Ghanzi-Chobe Hana Mining Ltd 40.0 1.9 0.80
Handa Copper Corporation | HEC-TSX.V 15
“The 30 highest grade deposits in the Central African Copperbelt (historical included) had close to 3 Mt contained copper metal at 3% Cu!” Anton Esterhuizen – Director, Handa Copper Corporation
Handa Copper Corporation | HEC-TSX.V 16
TETELO-MAVOIO 16 MT @ 2.4% Cu Exploration Ongoing
BAMBA KILENDA Tonnage uncertain 5-20% Cu; Exploration Ongoing
BHOKO SONGO AfriOre - Pending information West Congolian Belt
Cu Deposit
Cu Occurrence
THE WEST CONGOLIAN COPPER BELT
FIRST-MOVER ADVANTAGE
Handa Copper Corporation | HEC-TSX.V 17
Cu Deposit
Maboudou Target
West Congolian Belt
Upper Tillite Formation
Lower Tillite Formation
Cu Occurrence
SIZE COMPARISON
Handa Copper Corporation | HEC-TSX.V 18
MABOUDOU PROJECT HIGHLIGHTS
Handa Copper Corporation | HEC-TSX.V 19
MABOUDOU
• Phase 1 soil sampling and hand auguring underway on 2 priority targets
• Malachite and chalcocite in soils associated with pre-colonial copper smelting activities
• Historic (BRGM) copper occurrences within the license area
• License area approximately 3,000 sq. km
BANDA-KAYES PROJECT
Handa Copper Corporation | HEC-TSX.V 20 20
BANDA-KAYES
• Handa has uncovered historic data from archives at
BRGM in Paris that identifies 17 stream-geochemical
anomalies in the Banda Kayes license
• The targets were identified following a comprehensive
stream and soil geochemical survey carried out in the
1960’s specifically targeting copperbelt-style copper
mineralization concealed by regolith cover.
• This work includes over 9,500 samples taken at 250m
spacing in every drainage and along access roads
and pathways.
• Due to the change of administration upon
independence, this work was never followed up!
TARGETS IN THE BANDA-KAYES LICENSE
Handa Copper Corporation | HEC-TSX.V 21
• Handa has already carried out a
reconnaissance visit to 7 of the
targets and taken 55 soil samples
• This work has established good
road access to priority targets and
anomalous soil samples up 5 times
background (230 ppm Cu) at
Mbiongo and Tsangui targets.
• Completion of the GIS interpretation
in October will confirm a structural
and lithological control on the
targets that is consistent with the
deposit model.
Cu ppm determined by
colorimetric analysis
Scale: Approx. 30 km
2014 REVISED TIMELINE
Handa Copper Corporation | HEC-TSX.V 22
INVESTMENT HIGHLIGHTS
Handa Copper Corporation | HEC-TSX.V 23
Good jurisdiction with excellent infrastructure and proximity to coast
A solid team with proven track record
Sound geological model
Large 2MT contained copper metal target
First-mover advantage in a highly prospective copper belt
18 geochemical targets identified
Phase 1 work programme funded and underway
THE TAKE-AWAY
Handa Copper Corporation | HEC-TSX.V 24
visible copper mineralization on
surface
Cu Market Capitalization equals current cash
in the treasury
Phase 1 Handa is funded to complete Phase I
exploration
contained copper metal target
2MT
REFERENCES
Handa Copper Corporation | HEC-TSX.V 25
PRINT REFERENCES
Kampunzu, D. Kapenda, B. Manteka. 1991. Basic magmatism and geotectonic evolution of the Pan African belt in central Africa: Evidence from the Katangan and West Congolian segments. Tectonophysics, Volume 190, Issues 2–4, 10 May 1991, Pages 363-371
Tack, M.T.D Wingate, J.-P Liégeois, M Fernandez-Alonso, A Deblond. 2001. Early Neoproterozoic magmatism (1000–910 Ma) of the Zadinian and Mayumbian Groups (Bas-Congo): onset of Rodinia rifting at the western edge of the Congo craton. Precambrian Research, Volume 110, Issues 1–4, 1 August 2001, Pages 277-306
Feybesse, V. Johan, C. Triboulet, C. Guerrot, F. Mayaga-Mikolo, V. Bouchot, J. Eko N'dong. 1998. The West Central African belt: a model of 2.5–2.0 Ga accretion and two-phase orogenic evolution. Precambrian Research, Volume 87, Issues 3–4, February 1998, Pages 161-216
Milesi, S.F. Toteu, Y. Deschamps, J.L. Feybesse, C. Lerouge, A. Cocherie, J. Penaye, R. Tchameni, G. Moloto-A-Kenguemba, H.A.B. Kampunzu, N. Nicol, E. Duguey, J.M. Leistel, M. Saint-Martin, F. Ralay, C. Heinry, V. Bouchot, J.C. Doumnang Mbaigane, V. Kanda Kula, F. Chene, J. Monthel 2006. An overview of the geology and major ore deposits of Central Africa: Explanatory note for the 1:4,000,000 map “Geology and major ore deposits of Central Africa” Journal of African Earth Sciences, Volume 44, Issues 4–5, April 2006, Pages 571-595
Scolari, G. 1965. Études Géologique du Bassin du Niari Oriental et de ses Mineralisations Cu-Pb-Zn. BRGM Memoire 35, pp219.
WEB REFERENCES: USGS Mineral Yearbook - http://minerals.usgs.gov/minerals/pubs/country/2012/myb3-2012-cf.pdf
First Quantum Minerals - www.first-quantum.com/
Weatherly International Plc - http://weatherlyplc.com/
Kombat Copper - www.kombatcopper.com
Mining Weekly - http://www.miningweekly.com/topic/republic-of-congo
Mining Journal - http://www.mining-journal.com/reports/republic-of-congo-bulking-up
Bernstein Research – Copper Report August 2013 - www.bernsteinresearch.com
CONTACT INFORMATION
Handa Copper Corporation 26
Marek Kreczmer – CEO and Director [email protected] +1 604 601 6926 Jon Stacey – President [email protected] +26 0966 206 525 www.handacopper.com