Kingsgate Consolidated Limited · ASX:KCN

Kingsgate Consolidated — Q3 2013 Earnings Presentation

18 slides from Kingsgate Consolidated's earnings presentation, October 2013

  1. Slide 1: Kingsgate Consolidated Limited September Quarter 2013

    Kingsgate Consolidated Limited September Quarter 2013

  2. Slide 2: Disclaimer

    Disclaimer Forward Looking Statements: These materials include forward looking statements. Forward looking statements inherently involve subjective judgment & analysis & are subject to significant uncertainties, risks & contingencies, many of which are outside of the control of, & may be unknown to,

  3. Slide 3: September Quarter - Key Points

    September Quarter - Key Points • Group quarterly gold production of 50,786oz in line with expectations. • Highest quarterly gold production from Challenger since the June quarter 2012 at 18,545oz. • New mine plan and new contractor at Challenger delivering lower costs and improved productivity. • Co

  4. Slide 4: All-in Sustaining Cost

    All-in Sustaining Cost Chatree Challenger Group Gold Sales oz 36,203 19,594 55,797 Adjusted Total Cash Costs US$/oz 785 1,439* 1,017 (incl royalties and bi-product) Sustaining Capex US$/oz 191 73 150 Exploration Expense US$/oz - - - Corporate and Admin Costs^ US$/oz - - 56 All-in Sustaining Cost US$

  5. Slide 5: Chatree

    Chatree  Gold production 32,241oz Chatree Quarterly Gold Production and Costs  1,593Kt @ 0.79g/t & 80.1% Oz US$/Oz (1,553Kt @ 1.01g/t & 84.1%) 50,000 1,000  Total cash costs US$807 900 (incl.US$123/oz royalty) 40,000 800 700  Costs reflect lower grade and 30,000 600 recovery as current Q high gr

  6. Slide 6: Akara Resources Thai IPO

    Akara Resources Thai IPO IPO of Akara Resources on Thai stock exchange  Advisors appointed and IPO documents lodged with Thai authorities  Prospectus registration is current for 12 months  Timing will depend on a number of factors including valuation metrics and market conditions  High quality A

  7. Slide 7: Challenger

    Challenger Production and costs improving Challenger Quarterly Gold Production  Gold production 18,545oz and Costs  Highest production since June Qtr Oz 2012 20,000 2,500  129Kt @ 4.67g/t & 95.5% 2,000 (156Kt @ 3.47g/t & 94.4%) 15,000  Higher grade with transition to 1,500 Challenger west 10,000

  8. Slide 8: Challenger: High grade structures at Challenger West

    Challenger High grade structures at Challenger West

  9. Slide 9: Nueva Esperanza: Moving to final feasibility and design stage

    Nueva Esperanza Moving to final feasibility and design stage  Heap leach processing and on-site power confirmed.  Confidence in technical and financial robustness Feasibility Study  Moving to final feasibility and design stage.  DFS expected to be finalised in March Qtr 2014.  Modification to a

  10. Slide 10: Nueva Esperanza: Positive preliminary feasibility results

    Nueva Esperanza Positive preliminary feasibility results Resources 93.3Moz Silver Eq / 1.6Moz Gold Eq Throughput 3,000,000 tonnes per annum Initial mine life +6 years Annualised production (post ramp up) ‐ Silver 6,000,000 – 8,000,000 oz ‐ Gold 18,000 – 22,000 oz Estimated start-up capital cost US$1

  11. Slide 11: Bowdens Silver Project: Project timing to reflect market conditions

    Bowdens Silver Project Project timing to reflect market conditions Feasibility  Completion of the technical feasibility study including mine planning and infrastructure Study aligned to the finalisation of the EIS in 2014.  Open pit mining with pit optimisation Mining delivering a low strip ratio

  12. Slide 12: Outlook

    Outlook • Group gold production for the fiscal year FY2014 is expected to be 190,000 to 210,000 ounces gold. • Chatree production expected to be 120,000 to 130,000 ounces. • Challenger production expected to be 70,000 to 80,000 ounces following restructure. • Nueva Esperanza DFS expected to be final

  13. Slide 13: Kingsgate Consolidated Limited

    Kingsgate Consolidated Limited Shares: 152 Million Market Cap: ~A$235 Million ASX: KCN www.kingsgate.com.au

  14. Slide 14: Appendix: General Disclaimer

    Appendix General Disclaimer: The information contained in this presentation is for informational purposes only and does not constitute an offer to issue, or arrange to issue securities or other financial products. The information contained in this presentation is not investment or financial product

  15. Slide 15: Chatree

    Chatree Chatree Ore Reserves as at 30 April 2013 (>0.35g/t gold cut-off grade) Tonnes Gold Silver Gold Silver AuEq Source Category Grade Grade Contained Contained (million) (g/t) (g/t) (Moz) (Moz) (Moz) From Pits Proven 45.4 0.87 7.8 1.27 11.39 Probable 14.8 0.78 6.0 0.37 2.86 Stockpiles 9.3 0.58 9.

  16. Slide 16: Challenger

    Challenger Challenger Ore Reserves as at 30 June 2013 Tonnes Gold Gold Source Category Grade Contained (million) (g/t) (‘000 oz) From Mine Proven 0.25 5.52 40 Probable 0.22 8.30 60 Challenger Total Total 0.47 6.82 100 Challenger Mineral Resources as at 30 June 2013 Tonnes Gold Gold Source Category G

  17. Slide 17: Nueva Esperanza

    Nueva Esperanza Nueva Esperanza Mineral Resources as at 30 June 2013 (0.5g/t AuEq60 cut-off grade) Gold Silver Gold Equiv Gold Silver AgEq AuEq Tonnes Category Grade Grade Grade Contained Contained Contained Contained (millions) (g/t) (g/t) (g/t) (Koz) (Moz) (Moz) (Moz) Measured 1.5 0.01 101 1.69 1.

  18. Slide 18: Bowdens

    Bowdens Bowdens Mineral Resources as at 30 June 2013 (30g/t AgEq cut-off grade) Grade Contained Metal Category Tonnes Silver Lead Zinc AgEq Silver AgEq AuEq (million) g/t % % g/t (Moz) (Moz) (Moz) Measured 23.6 56.6 0.31 0.41 74.5 43.0 57 1.25 Indicated 28.4 48.0 0.27 0.36 63.6 43.8 58 1.28 Meas & I

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