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Re-discovering The West Congolian Copperbelt October 2014 | HEC - TSX-V

Re-discovering The West Congolian Copperbelt€¦ · • Cerro Lindo (Zn, Pb, Cu), Peru, • Sierra Gorda (Cu), Chile, • Kinsley Mtn (Au), Nevada • Extensions of ore at Chino

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Page 1: Re-discovering The West Congolian Copperbelt€¦ · • Cerro Lindo (Zn, Pb, Cu), Peru, • Sierra Gorda (Cu), Chile, • Kinsley Mtn (Au), Nevada • Extensions of ore at Chino

Re-discovering The West Congolian Copperbelt

October 2014 | HEC - TSX-V

Page 2: Re-discovering The West Congolian Copperbelt€¦ · • Cerro Lindo (Zn, Pb, Cu), Peru, • Sierra Gorda (Cu), Chile, • Kinsley Mtn (Au), Nevada • Extensions of ore at Chino

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

Page 3: Re-discovering The West Congolian Copperbelt€¦ · • Cerro Lindo (Zn, Pb, Cu), Peru, • Sierra Gorda (Cu), Chile, • Kinsley Mtn (Au), Nevada • Extensions of ore at Chino

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

Page 4: Re-discovering The West Congolian Copperbelt€¦ · • Cerro Lindo (Zn, Pb, Cu), Peru, • Sierra Gorda (Cu), Chile, • Kinsley Mtn (Au), Nevada • Extensions of ore at Chino

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.

Page 5: Re-discovering The West Congolian Copperbelt€¦ · • Cerro Lindo (Zn, Pb, Cu), Peru, • Sierra Gorda (Cu), Chile, • Kinsley Mtn (Au), Nevada • Extensions of ore at Chino

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

Page 6: Re-discovering The West Congolian Copperbelt€¦ · • Cerro Lindo (Zn, Pb, Cu), Peru, • Sierra Gorda (Cu), Chile, • Kinsley Mtn (Au), Nevada • Extensions of ore at Chino

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

Page 7: Re-discovering The West Congolian Copperbelt€¦ · • Cerro Lindo (Zn, Pb, Cu), Peru, • Sierra Gorda (Cu), Chile, • Kinsley Mtn (Au), Nevada • Extensions of ore at Chino

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

Page 8: Re-discovering The West Congolian Copperbelt€¦ · • Cerro Lindo (Zn, Pb, Cu), Peru, • Sierra Gorda (Cu), Chile, • Kinsley Mtn (Au), Nevada • Extensions of ore at Chino

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.

Page 9: Re-discovering The West Congolian Copperbelt€¦ · • Cerro Lindo (Zn, Pb, Cu), Peru, • Sierra Gorda (Cu), Chile, • Kinsley Mtn (Au), Nevada • Extensions of ore at Chino

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).

Page 10: Re-discovering The West Congolian Copperbelt€¦ · • Cerro Lindo (Zn, Pb, Cu), Peru, • Sierra Gorda (Cu), Chile, • Kinsley Mtn (Au), Nevada • Extensions of ore at Chino

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

Page 11: Re-discovering The West Congolian Copperbelt€¦ · • Cerro Lindo (Zn, Pb, Cu), Peru, • Sierra Gorda (Cu), Chile, • Kinsley Mtn (Au), Nevada • Extensions of ore at Chino

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

Page 12: Re-discovering The West Congolian Copperbelt€¦ · • Cerro Lindo (Zn, Pb, Cu), Peru, • Sierra Gorda (Cu), Chile, • Kinsley Mtn (Au), Nevada • Extensions of ore at Chino

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

Page 13: Re-discovering The West Congolian Copperbelt€¦ · • Cerro Lindo (Zn, Pb, Cu), Peru, • Sierra Gorda (Cu), Chile, • Kinsley Mtn (Au), Nevada • Extensions of ore at Chino

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

Page 14: Re-discovering The West Congolian Copperbelt€¦ · • Cerro Lindo (Zn, Pb, Cu), Peru, • Sierra Gorda (Cu), Chile, • Kinsley Mtn (Au), Nevada • Extensions of ore at Chino

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

Page 15: Re-discovering The West Congolian Copperbelt€¦ · • Cerro Lindo (Zn, Pb, Cu), Peru, • Sierra Gorda (Cu), Chile, • Kinsley Mtn (Au), Nevada • Extensions of ore at Chino

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

Page 16: Re-discovering The West Congolian Copperbelt€¦ · • Cerro Lindo (Zn, Pb, Cu), Peru, • Sierra Gorda (Cu), Chile, • Kinsley Mtn (Au), Nevada • Extensions of ore at Chino

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

Page 17: Re-discovering The West Congolian Copperbelt€¦ · • Cerro Lindo (Zn, Pb, Cu), Peru, • Sierra Gorda (Cu), Chile, • Kinsley Mtn (Au), Nevada • Extensions of ore at Chino

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

Page 18: Re-discovering The West Congolian Copperbelt€¦ · • Cerro Lindo (Zn, Pb, Cu), Peru, • Sierra Gorda (Cu), Chile, • Kinsley Mtn (Au), Nevada • Extensions of ore at Chino

SIZE COMPARISON

Handa Copper Corporation | HEC-TSX.V 18

Page 19: Re-discovering The West Congolian Copperbelt€¦ · • Cerro Lindo (Zn, Pb, Cu), Peru, • Sierra Gorda (Cu), Chile, • Kinsley Mtn (Au), Nevada • Extensions of ore at Chino

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

Page 20: Re-discovering The West Congolian Copperbelt€¦ · • Cerro Lindo (Zn, Pb, Cu), Peru, • Sierra Gorda (Cu), Chile, • Kinsley Mtn (Au), Nevada • Extensions of ore at Chino

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!

Page 21: Re-discovering The West Congolian Copperbelt€¦ · • Cerro Lindo (Zn, Pb, Cu), Peru, • Sierra Gorda (Cu), Chile, • Kinsley Mtn (Au), Nevada • Extensions of ore at Chino

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

Page 22: Re-discovering The West Congolian Copperbelt€¦ · • Cerro Lindo (Zn, Pb, Cu), Peru, • Sierra Gorda (Cu), Chile, • Kinsley Mtn (Au), Nevada • Extensions of ore at Chino

2014 REVISED TIMELINE

Handa Copper Corporation | HEC-TSX.V 22

Page 23: Re-discovering The West Congolian Copperbelt€¦ · • Cerro Lindo (Zn, Pb, Cu), Peru, • Sierra Gorda (Cu), Chile, • Kinsley Mtn (Au), Nevada • Extensions of ore at Chino

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

Page 24: Re-discovering The West Congolian Copperbelt€¦ · • Cerro Lindo (Zn, Pb, Cu), Peru, • Sierra Gorda (Cu), Chile, • Kinsley Mtn (Au), Nevada • Extensions of ore at Chino

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

Page 25: Re-discovering The West Congolian Copperbelt€¦ · • Cerro Lindo (Zn, Pb, Cu), Peru, • Sierra Gorda (Cu), Chile, • Kinsley Mtn (Au), Nevada • Extensions of ore at Chino

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

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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