Kingsrose Mining Ltd · ASX:KRM
Kingsrose Mining — Mines & Money London 2012
22 slides from Kingsrose Mining's conference presentation, Nov 28, 2012
Slide 1: Corporate Presentation announcement cover letter
28 November 2012 For personal use only Company Announcements Office Australian Securities Exchange Limited Level 6, 20 Bridge Street Sydney NSW 2000 CORPORATE PRESENTATION Please find attached a copy of the presentation Chris Start, Managing Director will be giving at the Mines & Money conference in
Slide 2: Corporate Presentation December 2012
For personal use only Corporate Presenta�on December 2012
Slide 3: Strategic Focus
Strategic Focus For personal use only Exceptional Location “Rim of Fire” – low sulphidation epithermal system Way Linggo Project (85% owned) 2 mines on 4th Generation Contract of Work (CoW) Exceptional Grade Specialist high-grade narrow vein miners – profit not ounces Exceptional Cost Circa US$300/o
Slide 4: Indonesia Overview
Indonesia Overview For personal use only I One of the world’s leading emerging economies (3rd fasted growing in Asia) I Politically & economically stable democratic nation I GDP forecasted to grow by 6% for the coming years I Abundance of natural resources I 9th largest global producer of Gold I Str
Slide 5: The Way Linggo Project – Rim of Fire
The Way Linggo Project – “Rim of Fire” For personal use only I Extensive & strategic land holding located in the “Rim of Fire” on the Trans Sumatra Fault Zone I World’s second most significant source of gold deposits – Tertiary Age 4
Slide 6: The Contract of Work
The Contract of Work For personal use only Talang Santo I 4th generation CoW covering 100km2 I Legally binding agreement between PT Natarang Mining Limited (85% subsidiary) & the Indonesian government I Provides security of tenure until 2034 I 2 operating mines Way Linggo I Talang Santo I Way Linggo
Slide 7: Year End June 2012: Financial & Production Scorecard
Year End 30 June 2012: Financial & Production Scorecard For personal use only I Production: 37,650 ounces of gold and 432,754 ounces of silver I Project sales revenue: US$62.4m from the sale of 37,360 ounces of gold I Net profit after tax: A$17.6m I Cash operating cost: US$254/oz (after silver credi
Slide 8: Current Status & Looking to the Future
Current Status & Looking to the Future For personal use only I Mining activities ongoing at the Way Linggo mine I Mining activities suspended at the Talang Santo mine (Sept 2012) following the fatality of an underground miner I Following steps required to commence mining activities at Talang Santo I
Slide 9: Way Linggo Project – Consistent Growth
Way Linggo Project – Consistent Growth For personal use only Classification Tonnes Au g/t Ag g/t Au oz Ag oz Measured Way Linggo 339,215 14.45 174.84 157,592 1,906,804 Indicated Way Linggo 174,145 6.30 61.09 35,273 342,036 Inferred Way Linggo 14,120 12.15 86.98 5,516 39,486 Subtotal Way Linggo 527,4
Slide 10: Way Linggo Mine
Way Linggo Mine I Production commenced August 2010 For personal use only I Non mechanised mining of high grade epithermal veins I Possible extensions to existing ore system to the south 300m 150m 1m @ 2.1 g/t Au, 3,390 g/t Ag 2.25m @ 0.7 g/t Au, 546 g/t Ag 9
Slide 11: Way Sapta – Possible Extension of Way Linggo
Way Sapta – Possible Extension of Way Linggo For personal use only 10
Slide 12: Talang Santo – Major Cluster of Epithermal Veining
Talang Santo – Major Cluster of Epithermal Veining For personal use only I The first priority target to be extensively drill tested I Located just 7km north of Way Linggo with a 17km all weather haul road in place I JORC Mineral Resource Estimate (Indicated & Inferred) 1,660,980 @ 5.39 g/t Au & 16.7
Slide 13: Talang Santo – Major Cluster of Epithermal Veining
Talang Santo – Major Cluster of Epithermal Veining For personal use only 12
Slide 14: Talang Santo – Ore System Expanding
Talang Santo – Ore System Expanding For personal use only Mine adit Potential position for new Mine winze mine shaft – additional and X-cut mining front Mine shaft 400m 900m 13
Slide 15: Talang Santo – Mine Shaft Progress
Talang Santo – Mine Shaft Progress For personal use only 14
Slide 16: Talang Santo – lateral extent comparison to Way Linggo
Talang Santo – lateral extent comparison to Way Linggo For personal use only Potential position for new 300m mine shaft – additional mining front 150m Way Linggo 400m 900m 15
Slide 17: Talang Santo – Part of a Large System
Talang Santo – Part of a Large System For personal use only 16
Slide 18: Way Linggo Processing Plant
Way Linggo Processing Plant For personal use only I Free milling ore (non-refractory) I 140,000tpa conventional plant I Crushing > milling > leach > merrill-crowe > smelting > gold & silver dore I Gold and silver refined at refinery in Java, Indonesia I SAG mill installed mid-2011 to de-bottleneck m
Slide 19: Immense Exploration Upside
Immense Exploration Upside For personal use only I 100sqkm 4th Generation Contract of Work I Numerous defined epithermal zones/ targets I Epithermal veins exist and/or outcrop I Strong gold and associated metal anomalism exists I Intense epithermal clay alteration 18
Slide 20: Kingsrose – Achieving and Performing
Kingsrose – Achieving and Performing For personal use only I Our Achievements I In 3 years – acquired, permitted, designed, developed and delivered production from the Way Linggo mine I Emerged as one of the lowest cost gold miners in the world I Developed the project with a socially responsible, te
Slide 21: Disclaimer
Disclaimer For personal use only General Disclaimer I This presentation has been prepared by Kingsrose Mining Limited (“Kingsrose” or the “Company”). It should not be considered as an offer or invitation or inducement to subscribe for or the purchase of any securities in the Company. This presentati
Slide 22: Corporate Snapshot
Corporate Snapshot For personal use only ASX:KRM & OTCQX:KGRSY I Ordinary Shares 290m I Share Price ~ 85 cents I Listed Options 0.9m I Market Cap ~ $245m BOARD OF DIRECTORS – HIGHLY EXPERIENCED & SUCCESSFUL Mr. Morris has over 36 years experience in exploration, project development and management of