Kingsrose Mining Ltd · ASX:KRM
Kingsrose Mining — Investor Presentation (July 2022)
30 slides from Kingsrose Mining's investor presentation, Jul 15, 2022
Slide 1: Kingsrose Announces Corporate Presentation Update, July 2022
ASX Announcement 15 July 2022 KINGSROSE ANNOUNCES CORPORATE PRESENTATION UPDATE, JULY 2022 Kingsrose Mining Limited (ASX: KRM) (“Kingsrose” or the “Company”) wishes to announce the release of its updated corporate presentation. Investor Webinar Kingsrose will host a live investor webinar on Wednesda
Slide 2: Authorisation, contact and forward-looking statements
This announcement has been authorised for release to the ASX by Fabian Baker, Managing Director of Kingsrose. For further information regarding the Company and its projects please visit www.kingsrosemining.com For more information please contact: Dani McIntosh Investor Relations +44 7797 923443 info
Slide 3: Corporate Presentation July 2022
Copyright © 2021 Kingsrose Mining. All rights reserved. Presentation Corporate July 2022
Slide 4: Disclaimer
Disclaimer The information contained in this Presentation has been prepared by Kingsrose Mining Limited (“Kingsrose” or the “Company”). The information contained in this Presentation has been prepared in summary form. Accordingly, neither the Company nor any of its shareholders, directors, officers,
Slide 5: Focused on discovery
Focused on discovery Exploration focused team Nordic high-grade PGE-nickel- with commitment to: with a track-record copper projects of discovery Penikat, Finland: One of the – Technical excellence and highest grade PGE exploration Board members played key roles in disciplined project delivery discov
Slide 6: Corporate Snapshot
Corporate Snapshot • Notable share price growth during 2021 following Shares on Issue 752,526,519 Share Price¹ A$0.053 announcements of new management and project acquisitions Options 35,500,000 (4.7%) Market Cap A$39.8m • Cash at hand represents A$0.035/share, Performance Rights 7,000,000 (0.9%) Ca
Slide 7: Strategy
Strategy Advance Nordic PGE-Ni-Cu Projects to Drilling M&A • Advanced exploration projects with – Dedicated due diligence team historical drilling and large-scale potential established • Penikat PGE Project globally significant high-grades over 25 km of – Actively looking for precious strike length
Slide 8: Critical Metals Projects in Premier Jurisdictions
Porsanger Nussir PGE-Cu Critical Metals Projects in Premier Jurisdictions Bidjovagge Nordic region is highly prospective for European sources of PGE, Ni and Cu Ikkari Au Project Two drill proven PGE-Ni-Cu projects in Finland and Norway Bruvann Kittilä • Penikat and Porsanger projects are 100% owned
Slide 9: Penikat Project, Finland
Kemi Chrome Mine viewed Windfarm viewed from the from the Penikat Project Penikat Project Penikat Project, Finland High-grade PGE-Ni-Cu adjacent to major mining and port infrastructure • Penikat is located proximal to major road, rail and power infrastructure • 25 km from the Port of Kemi • Exported
Slide 10: Penikat Exploration Target – 2.8 to 7.7 Moz 6E
Penikat Exploration Target – 2.8 to 7.7 Moz 6E Potential for a globally significant discovery of palladium, platinum, rhodium and gold with nickel and copper credits • Mineralisation is analogous to the Bushveld Complex in South Africa, where mineralised reefs can be traced over multiple kilometres
Slide 11: One of the Highest Grade PGE Exploration Projects Globally
One of the Highest Grade PGE Exploration Projects Globally Independent Exploration Target estimated at 21 to 32 million tonnes at 4.0 to 7.4 g/t 6E, for 2.8 to 7.7 million ounces 6E Grade-Tonnage Plot of Global PGE Deposits Stillwater = 212Mt at 13 g/t TPM 7.7 MOz 6E Penikat Exploration Potential to
Slide 12: High Value Precious Metal Content
High Value Precious Metal Content Largely palladium dominant mineralisation with significant rhodium grades confirmed through drill hole resampling Highlight significant drilling intercepts include: • PV Reef: 1.6 metres at 12.0 g/t 4E: 4.0 g/t Pd, 6.8 g/t Pt, 0.2 g/t Rh, 1.0 g/t Au, 0.6 % Cu, 0.2 %
Slide 13: Porsanger Project, Norway
Porsanger Project, Norway Underexplored part of the same age geological belt which is host to the major Sakatti and Kevitsa Ni- Cu-PGE deposits in Finland Drill Proven and Open to Depth • Historical drilling returned significant intercepts from surface at Porsvann: • 43.15 metres at 1.20 g/t 2E from
Slide 14: M&A Strategy
M&A Strategy Kingsrose will continue to build a portfolio of the highest quality exploration assets with tier-1 potential Well funded & quality team Key metrics for means: any potential ✓ Focused & high quality due diligence acquisition: ✓ Objective and patient ✓ Seen as a good partner ✓ Nimble Comm
Slide 15: Global Depth of Experience to Identify New Exploration Opportunities
Global Depth of Experience to Identify New Exploration Opportunities Board and Management have played key roles in the discovery and development of numerous significant projects globally Amulsar Sakatti 5 Moz Au, 28 Moz Ag Windfall Lake Project where team Ni-Cu-PGE 6.1 Moz Au members have played an
Slide 16: Major Mining M&A will focus on Critical Metals
Major Mining M&A will focus on Critical Metals To achieve Net Zero by 2050 – clean energy from renewable A radical increase in discovery rates and metal and nuclear sources is required to replace fossil fuels and production is needed to enable decarbonisation of the global energy supply drastically
Slide 17: Sustainability
Sustainability High standards of sustainability are integral to the strategy and potential of Kingsrose. Sustainability considerations are embedded in our organisation and at all stages of our project lifecycle. Our sustainability aims are to be: • recognised as a leading ESG conscious mineral explo
Slide 18: Board of Directors
Board of Directors Experienced team with ability to deliver value for shareholders and stakeholders Mike Andrews Fabian Baker John Carlile Tim Coughlin Daryl Corp Andrew Cooke Non-Executive Chairman Managing Director Non-Executive Director Non-Executive Director Non-Executive Director Non-Executive
Slide 19: Management
Management Experienced team with ability to deliver value for shareholders and stakeholders Mark Smith Joanna Kiernan Dr Katariina Koikkalainen Andrew Tunningley Peter Dodds Scott Spurrier CFO Company Secretary Head of Sustainability Head of Exploration Exploration Manager Senior Geologist 20+ years
Slide 20: Appendices
Appendices
Slide 21: Element-46 Transaction Terms
Element-46 Transaction Terms Yli Penikka Kingsrose has agreed to acquire Element-46 Limited and its 100% mineral exploration rights pursuant VA2021:0069 to a share sale and purchase agreement, for the following consideration: • upfront consideration: £293,750 (or A$536,893) cash and the issue of 16,
Slide 22: Way Linggo – Project Overview
Way Linggo – Project Overview • Located on the prolifically mineralised Trans-Sumatran Fault Zone • Produced 200 koz gold and 1.5 Moz silver 2011-2020 • +1Moz gold mines to the north and south of the project • Potential for Gosowong*-type high-grade low sulphidation gold veins over a 100km2 landhold
Slide 23: Way Linggo – Production History – Grade is King
Way Linggo – Production History – Grade is King Cost vs Grade Way Linggo • Success story for the company: $4,500 18 discovery – development – production $4,000 16 • High margins at the start of the project, 179 g/t Ag due to very high gold & silver grades $3,500 155 14 • Gold processing infrastructu
Slide 24: Way Linggo – Talang Santo Resource Growth & Discoveries
Way Linggo – Talang Santo Resource Growth & Discoveries 2021 Resource Update • 1.4 Mt at 5.4 g/t gold and 18 g/t silver for 240 koz gold and 790 koz silver (Indicated & Inferred at 2 g/t gold cut-off) • Includes higher grade portion of 0.68 Mt at 7.7 g/t gold and 26 g/t silver for 170 koz gold and 5
Slide 25: Way Linggo – Divestment process underway
Way Linggo – Divestment process underway • Kingsrose’s strategic direction is creation of shareholder value by discovery and responsible development of mineral deposits with Tier-1 potential. • Current Way Linggo Mineral Resources do not meet Kingsrose economic thresholds for mine development. • Kin
Slide 26: Way Linggo Mineral Resources
Way Linggo Mineral Resources Category Tonnes Gold Au Ounces Silver Ag Ounces (Kt) (Au) g/t (Koz) (Ag) g/t (Koz) Talang Santo1 Measured - - - - - Indicated 240 6.0 47 13 100 Inferred 1100 5.3 190 19 690 Subtotal 1400 5.4 240 18 790 Way Linggo2 Measured - - - - - Indicated 152 6.5 32 65 318 Inferred 8
Slide 27: Way Linggo Site Infrastructure
Way Linggo Site Infrastructure Gold Room Way Linggo Processing Plant Way Linggo Way Linggo Camp Processing Plant
Slide 28: Way Linggo Site Reclamation
Way Linggo Site Reclamation Site-Wide Reclamation to Highest Standards Talang Santo Pit Reclamation Way Linggo Waste Dumps Reclamation Plant Nursery
Slide 29: References
References Penikat benchmarking 1. https://www.nornickel.com/upload/iblock/b29/godovoj_otchet_pao_gmk_norilskij_nikel_za_2021_god_en.pdf 27. https://reports.sibanyestillwater.com/2021/download/SSW-RR21.pdf 2. https://www.angloamerican.com/~/media/Files/A/Anglo-American-Group/PLC/investors/annual- 28
Slide 30: info@kingsrosemining.com
info@kingsrosemining.com +61 +61 889389 93814494 5588 45 Ventnor Avenue, West Perth, WA 6005 Australia ABN: 49 112 389 910 www.kingsrosemining.com