Presentation for Kombat Copper's AGM 2015

1. K o m b a t
U n d e r g r o u n d
N a m i b i a
2015 AGM

2. This Presentation contains ‘‘forward-looking information’’ which may include, but is not limited to, statements with respect to the future financial
or operating performance of Kombat Copper Inc. and its subsidiaries (collectively, the ‘‘Company’’) and its mineral projects; the future prices of
metals; the anticipated results of exploration activities; the estimation of mineral resources; the realization of mineral resource estimates; capital,
development, operating and exploration expenditures; costs and timing of the development of the Company’s mineral properties; timing of future
exploration; requirements for additional capital; government regulation of mining operations; anticipated results of economic and technical
studies; environmental matters; reclamation expenses; title disputes or claims; limitations of insurance coverage and the timing and possible
outcome of pending litigation and regulatory matters. Often, but not always, forward-looking information can be identified by the use of words and
phrases such as ‘‘plans’’, ‘‘expects’’, ‘‘is expected’’, ‘‘budget’’, ‘‘scheduled’’, ‘‘estimates’’, ‘‘forecasts’’, ‘‘intends’’, ‘‘anticipates’’, or ‘‘believes’’ or
variations (including negative variations) of such words and phrases, or state that certain actions, events or results ‘‘may’’, ‘‘could’’, ‘‘would’’,
‘‘might’’ or ‘‘will’’ be taken, occur or be achieved.
Forward-looking information is based on the opinions and estimates of management as of the date such statements are made and is based on
information currently available to management and upon what management believes to be reasonable assumptions, including, among others, that
general business, economic, competitive, political and social uncertainties remain favorable; that actual results of exploration activities justify
further studies and development of the Company’s mineral projects; that the future prices of metals, and lithium carbonate in particular, remain at
levels that justify the exploration and future development and operation of the Company’s mineral projects; that brine deposit quality and
characteristics remain as anticipated; that there is no failure of plant, equipment or processes to operate as anticipated; that accidents, labour
disputes and other risks of the mining industry do not occur; that the jurisdictions in which the Company operates remain politically stable; that
there are no unanticipated delays in obtaining governmental approvals or financing or in the completion of future studies, development or
construction activities; that the actual costs of exploration, and studies remain within budgeted amounts; that regulatory and legal requirements
required for exploration or development activities do not change in any adverse manner, as well as those factors discussed in the section entitled
‘‘Risk Factors’’ as may be identified in the Company’s MD&A and public disclosure from time to time, as filed under the Company’s profile on
SEDAR at www.sedar.com.
Forward-looking information involves known and unknown risks, uncertainties and other factors which may cause the actual results, performance
or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by such
forward-looking information. Although the Company has attempted to identify important factors that could cause actual actions, events or results
to differ materially from those described in the forward-looking information, there may be other factors that cause such actions, events or results
to differ from those anticipated, estimated or intended. Any inaccuracy in the assumptions identified above may also cause actual actions, events
or results to differ materially from those described in the forward-looking information.
Forward-looking information contained herein is made as of the date of this Presentation and the Company disclaims any obligation to update any
forward-looking information, whether as a result of new information, future events or results, except as may be required by applicable securities
laws. There can be no assurance that such forward-looking information will prove to be accurate, as actual results and future events could differ
materially from those anticipated in such information. Accordingly, potential investors should not place undue reliance on forward-looking
information.
Bill Nielsen, P.Geo and President and CEO of the Company is a “qualified person” as such term is defined in National Instrument 43-101 and has
reviewed and approved the technical information and data included in this presentation.

3. • Major asset is the past producing Kombat Mine – closed in 2008.
• Mining license remains in place.
• Significant past producer of copper, lead and silver over 45 years.
• Significant infrastructure including shafts and 2 declines from
surface, an 1,100 tpd mill, grid power, paved highway access and
tailings facility and a rail spur are in place.
• Favorable African jurisdiction.
• Namibian partners.
• MOA signed with Namibian based miner to mine lead
mineralization at Kombat Mine starting in 2016.

4. Divested the Town of Kombat
and associated liabilities and
divested all exploration
properties and associated
expenses
Cleaned up the
corporate structure
Completed a 2,000 meter drill program
designed to define areas that can host
near surface resources. Program was
successful in defining areas requiring
additional drilling in order for them to be
incorporated into a resource
classification.
A plan, schedule and budget were
presented to the Namibia water authority
that would allow them to pump water up
to 1600m3/hour and provide supply to the
country. Kombat Copper would get
increased access to underground
workings at no operating or capital costs
for dewatering.
MOA signed with Namibian
Based company to mine lead
mineralization at Kombat Mine
and Gross Otavi
2015
Completed scanning historic
documents and expanding the
mine database. Over 27,000
documents scanned and
electronically filed.
2016
In 2015 Kombat Copper focused exclusively on the Kombat Mine asset. The Company
continued with costing cutting measures and focused efforts on the Kombat Mine site
clean up. Key milestones included:

5. • There are now expanded production scenarios for Kombat Mine, both
underground and open pit. Significant amounts of additional work are required
to attain production.
• Future consideration must be given to increased production over and above
historic production rates, increased mill capacity, the processing of oxide and
sulphide ores and the recovery of lead from the eastern parts of the mine.
• Relatively low cost to attain production in short time frames compared to a new
mine start up.

6. • Anticipate limited production startup in 2016 using
a contract miner with an emphasis on producing
lead concentrates from the Kombat East area.
• Continue with the program of getting all of the
underground workings at Kombat Mine developed
into a 3D model.
• Continue consolidation of the corporate structure
• Continuation of cost saving measures
• Further work program depends on ability to finance

7. #3 shaft
ramp
Underground
workings
Drill
holes

8. 8
• Earliest production scenario for
Kombat
• Kombat East needs to be re-assessed
to determine if it is in fact a large lead
deposit with significant copper and
silver credits.
• Currently dewatered to 3 level and
water level continues to drop with
increased pumping from the # 1 shaft.
• Additional drilling required.
• Can be accessed via ramp. Shaft does
not have to be operational.

9. 9

10. 10
• Past mining from 1911-
1941 for copper and
vanadium.
• On the Kombat Mine
trend, 10km to the west of
Kombat Mine
• Mine portal established,
limited underground
workings
• Kombat’s 2012 drilling
intersected 6.03 metres of
1.55% copper, 6.64% lead,
4.09 % zinc and 18.4g/t
silver

11. Kombat Copper Underground