Kalgoorlie Gold Mining Limited · ASX:KAL
Kalgoorlie Gold Mining — IPO Roadshow (September 2021)
29 slides from Kalgoorlie Gold Mining's IPO roadshow presentation, Sep 23, 2021
Slide 1: ASX & Media Release: Kalgoorlie Gold Mining IPO Investor Presentation
ASX & Media Release 23 September 2021 Kalgoorlie Gold Mining IPO Investor Presentation For personal use only ASX Symbol Ardea Resources Limited (Ardea) (ASX: ARL) is pleased to release the attached ARL presentation prepared by wholly owned subsidiary Kalgoorlie Gold Mining Limited (KalGold) on the d
Slide 2: Kalgoorlie Gold Mining IPO Investor Presentation
For personal use only Investor Presentation September 2021 Kalgoorlie Gold Mining IPO (ASX: KAL) Discovery and development of gold resources in the Eastern Goldfields of Western Australia Matt Painter Managing Director and Chief Executive Officer 2cm (L) Daylighting slot at Great Ophir, Bulong Tauru
Slide 3: Disclaimer and Forward Looking Statement
Disclaimer and Forward Looking Statement This presentation has been prepared by Ardea Resources Limited (Company). It contains general background information only which is current at the date of this presentation unless otherwise specified. It contains selected summary information and does not purpo
Slide 4: Introducing 'KalGold'
Introducing ‘KalGold’ For personal use only With high quality gold assets, walk-up drill targets, and an experienced team, Kalgoorlie Gold Mining (KalGold) plans to rapidly build a robust resource inventory to accelerate gold mine development. ASX: KAL KalGold projects KALGOORLIE-BOULDER PERTH 3
Slide 5: Historic results to build on…
Historic results to build on… GREAT OPHIR Lead project: 5m at 52.1g/t Au For personal use only from 15m (TAC-004)1 Bulong Taurus Gold • High-grade, shallow gold mineralisation TRAFALGAR 4m at 9.34g/t Au with depth continuation. from 16m (BGRB244)2 • Not drilled since the 1990s. • Immediate drilling
Slide 6: …and new findings.
…and new findings. Lead project: For personal use only Bulong Taurus Gold • Active prospectors’ workings* at Turnpike continue to produce gold. • Metal-detected nuggets recovered in June 2021 (dish field of view 20cm). • Delicate “filigree” gold morphology indicates proximal source: a nearby reef bu
Slide 7: Proposed Capital Structure
Proposed Capital Structure* Minimum raise Maximum raise Key Details of the Offers $7 million $12 million • KalGold IPO to raise up to $12 million before costs. For personal use only Existing Shares 100 100 Shares to be issued under the offer • 84 to 109 million shares on offer post raising. ($0.20 p
Slide 8: Discovery and Development Strategy
Discovery and Development Strategy KalGold will utilise its considerable For personal use only expertise to accelerate discovery and development of gold resources near Kalgoorlie-Boulder, with fast-tracked progression to mining. 1. Bulong Taurus Gold Project – resource definition, development, and p
Slide 9: Exciting Near-Term News Flow
Exciting Near-Term News Flow 2021 2022 2022 2023 Bulong Taurus Project For personal use only Q4 2021 Q1-3 2022 Q4 2022 H1 2023 Drill programs to Drill-out & geological Resource updates, confirm & extend modelling of drilled metallurgical testwork, Decision to mine historic high grades projects minin
Slide 10: Bulong Taurus Gold Project
BULONG TAURUS GOLD PROJECT • Lead project mined by For personal use only prospectors since 1890s • Tenure continuity at the Taurus gold mining centre (first time in decades) • Gold Rights on 39 tenements (M:9, E:1, P:29), all in good standing • 35km east of Kalgoorlie on sealed and gravel roads • Pr
Slide 11: Bulong Taurus – Gold-Fertile Structures
Bulong Taurus – Gold-Fertile Structures Great Ophir KalGold’s lead project brings outstanding opportunity and pedigree For personal use only Central TAURUS MINING Myrhee CENTRE to surface and near-surface high-grade gold near Kalgoorlie. BULONG Queen Margaret GLANDORE Veined, mineralised and oxidise
Slide 12: Exploring Gold Rush Mining Centres
Exploring Gold Rush Mining Centres • Taurus Gold Mining Centre and battery: established 1896. For personal use only Almost continuous mining by prospectors since. • Sheeted vein complex at Central, Great Ophir, and other prospects* – Intense bleaching and pyritic vein selvages – Locally coarse gold
Slide 13: Near-Surface High-Grade Gold at Great Ophir
Near-Surface High-Grade Gold at Great Ophir High-grade intercepts were not followed up For personal use only during 1990s drill programs: • ~90% ineffective (too shallow & mine cavities) • Most holes targeted shallow alluvial gold • Mineralisation open in all directions GREAT OPHIR DRILL PROGRAM Aim
Slide 14: Bulong Taurus – Work Programs
Bulong Taurus – Work Programs Programs designed, PoWs in place, rigs booked to drill Fremantle group For personal use only At Great Ophir and Central, a fast-tracked initial JORC resource Great Ophir will incorporate historic results (where possible), followed by feasibility and potential develo
Slide 15: Laverton Tectonic Zone Project
LAVERTON TECTONIC ZONE PROJECT • Recent prospecting success suggests For personal use only good potential beneath cover • Numerous structural targets to test • All Mineral Rights on 4 tenements (E:4), 3 of these pending • 130km northeast of Kalgoorlie on sealed and gravel roads • Prospects include:
Slide 16: Laverton Tectonic Zone – Pinjin West
Laverton Tectonic Zone – Pinjin West ZELICA (71km) Laverton Tectonic Zone (and Celia TZ) EDJUDINA For personal use only • Southern extent of the LTZ trending south from Laverton and Lancefield Gold Mining Centres, to Wallaby and Sunrise Dam • Tenements and applications are adjacent to the historic P
Slide 17: Laverton Tectonic Zone – Zelica South
For personal use only Laverton Tectonic Zone – Zelica South • South of main Eucalyptus mining centre EUCALYPTUS • Folds and second-order faults next to the Celia TZ provide numerous targets • Numerous gold deposits: – Zelica (excised) contains 577,000t at 1.63g/t ZELICA Au for >30koz (WAMEX A98026,
Slide 18: Keith-Kilkenny Tectonic Zone Project
KEITH-KILKENNY TECTONIC ZONE PROJECT • Not explored for gold in decades For personal use only • Inexpensive, targeted re-assaying of archived nickel laterite pulps to lead gold exploration program • Gold Rights on 14 tenements (M:6, E:5, P:3), 2 Ms pending • 135km NNE of Kalgoorlie on sealed and gra
Slide 19: Keith-Kilkenny Tectonic Zone Project
Keith-Kilkenny Tectonic Zone Project Gold-fertile Keith-Kilkenny Tectonic Zone is host to Apollo Hill, Carosue Dam, For personal use only AUBILS Mulgabbie, and the Breaker Resources Lake Roe discovery. • Cost effective exploration from projects untested for gold (historic nickel focus). – Geological
Slide 20: Kalgoorlie Project
KALGOORLIE PROJECT • Projects overlooked and poorly For personal use only assessed despite neighbouring one of the richest patches of ground on Earth • New interpretations are defining new targets within walking distance of town • Gold Rights on 7 tenements (E:1, P:6), 1 E and 3 Ps pending • Adjacen
Slide 21: On the Golden Mile – the Ninga Mia Gold Prospect
On the Golden Mile – the Ninga Mia Gold Prospect • Within 6km from the iconic Superpit For personal use only • Surface workings plus transported cover • Known mineralised geological contact • Common structures with the Golden Mile Oblique view of Kalgoorlie-Boulder, the Superpit, Mt Percy and Mt Cha
Slide 22: Gold potential at the Kalgoorlie Project
Gold potential at the Kalgoorlie Project • Adjacent to the gold-controlling Boulder- Lefroy Fault and the Bardoc Tectonic Zone. KANOWNA For personal use only • Ninga Mia project neighbours the Golden Mile, within 6 km of the KCGM Superpit. GIDJI – Numerous surface workings, gold “specking” site – Na
Slide 23: City of Kalgoorlie-Boulder
City of Kalgoorlie-Boulder Kalgoorlie-Boulder is WA’s golden For personal use only heart. It is a centre of world-class infrastructure in an established and prolific mining district: • Established in the 1890s gold rush • Lowest sovereign risk • World-leading workplace practices enshrined in law • A
Slide 24: We've done it before – and will do it again
We’ve done it before – and will do it again The KalGold team was responsible for a flurry of gold discoveries within For personal use only the footprint of Ardea’s KNP Goongarrie nickel hub and granted mining licences. The team has developed a scientifically robust gold target generation technique,
Slide 25: Board & Management
Board & Management Pauline Gately – Chair (Non-Exec) Ms Gately is an accomplished investment strategist and seasoned director with experience across a portfolio of Board For personal use only positions. Pauline brings a sharp commercial focus to strategy underpinned by 20-years investment banking Th
Slide 26: IPO Transaction Structure
IPO Transaction Structure Minimum Subscription Maximum Subscription Sources and Uses of Funds A$ % A$ % For personal use only • Minimum raise of $7.0 million Total funds raised from the Offer 7,000,000 100.0% 12,000,000 100.0% enables portfolio-wide Allocation of Funds exploration to target and defi
Slide 27: Indicative IPO Timetable
For personal use only Indicative IPO Timetable Event Date Lodgement of Prospectus with ASIC 17 September 2021 Opening Date of the Offers 25 September 2021 Priority Offer Closing Date 8 October 2021 General Offer Closing Date 26 October 2021 Effective Date of Distribution 29 October 2021 Issue of Sha
Slide 28: KalGold Investment Proposition
KalGold Investment Proposition Regional portfolio For personal use only KalGold has an asset portfolio of highly prospective gold tenements in the gold-producing Kalgoorlie region of Western Australia, with 1077km2 of tenure within 150km of Australia’s premier gold destination, the City of Kalgoorli
Slide 29: Kalgoorlie Gold Mining Limited – Applications
For personal use only Kalgoorlie Gold Mining Limited Applications to partake in the KalGold IPO Applications can be made online via the Automic website from 25 September 2021. • Select Investors (including all ARL shareholders as at 17 September 2021) are eligible to apply through the Priority Offer
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