Kingsgate Consolidated Limited · ASX:KCN
Kingsgate Consolidated — Shareholder Meeting (November 2023)
15 slides from Kingsgate Consolidated's shareholder meeting presentation, Nov 30, 2023
Slide 1: Annual General Meeting Presentation
Annual General Meeting Presentation Jamie Gibson – Managing Director & CEO 30 November 2023
Slide 2: Disclaimer
DISCLAIMER Forward Looking Statement These materials include forward looking statements. Forward looking statements inherently involve subjective judgement and analysis and are subject to significant uncertainties, risks and contingencies, many of which are outside of the control of, and may be unkn
Slide 3: Corporate Overview
CORPORATE OVERVIEW Capital Structure Key Assets Market cap1 Cash, bullion & doré2 Chatree Gold Mine, Thailand Nueva Esperanza Project, Chile A$367.3m A$13.7m Share price1 Debt2 A$1.425 A$12.7m Shares on issue1 Options on issue3 257.8m 2.5m Share Register October 23 Board of Directors & Management Ro
Slide 4: Key Asset - Chatree Gold Mine (Thailand)
KEY ASSET - CHATREE GOLD MINE (THAILAND) • Akara Resources - Kingsgate’s Thai subsidiary operates "Chatree" • Located in the highly prospective Loei Fold Belt (significant part of Indochina Block) • Large open pit, low grade, epithermal gold deposit with 1.3 Moz of Reserves and 3.4 Moz of Resources*
Slide 5: 2023 Key Highlights
2023 KEY HIGHLIGHTS Reopened Chatree after 6 years - Metallurgical Licence granted for the maximum term under Thai Law Completed the refurbishment of Plant #2 on time and under budget Secured ~ $150 million in Board of Investment incentives (8-year tax holiday) Granted access to 115 Special Prospect
Slide 6: Plant #1 Overhaul Project Update
PLANT #1 OVERHAUL PROJECT UPDATE • The Plant #1 restart remains a key priority • Works are significantly advanced and are now concentrating on completing: • the Crushing Circuit; • the Ball and Sag Mill reline; • Gearbox installation; and • the CIL tank circuit. • 80% of all structural steel needing
Slide 7: Mining Planning & Operations – 2023/24
MINING PLANNING & OPERATIONS – 2023/24 • First Phase- mining operations recommenced in A West (September 2023) • Second Phase (Jan-Feb 2024) – expanding into the Quartz Lease and K West (~400 to 500koz of Au) • Strong focus on near mine resource development • Grade control drilling targeting additio
Slide 8: Thailand – Regional Exploration
THAILAND – REGIONAL EXPLORATION • Extensive opportunities inside and outside existing mining leases • Aggressive exploration program over newly granted Special Prospecting Licenses (“SPLs”) • Concentrating on South-Eastern corridor – both near mine and regional • Significant near surface, near mine
Slide 9: Thailand – Regional Exploration
THAILAND – REGIONAL EXPLORATION • Significant intersections at the Chang Puek Prospect, previously a wildcat hole identified mineralisation: • 26m@3.02 g/t Au from 81-107m including 7m@5.77 g/t Au from 125-132m (mineralisation open at depth EOH 1m@1.17 g/t Au) • Additional RC drilling returned: • 20
Slide 10: Thailand — Sustainability
THAILAND — SUSTAINABILITY ‘ Sanciorguwuy Community =) + Educational ®————® Good Health Opportunities & Wellbeing EIA Fund, community funds and donations are directed towards initiatives under the four pillars.
Slide 11: Nueva Esperanza Development Project (Chile)
NUEVA ESPERANZA DEVELOPMENT PROJECT (CHILE) • A prospective feasibility stage development project, located in the highly endowed Maricunga gold/silver belt of the Atacama Region • Environmental impact assessment granted in July 2020 • Resources of 0.49 Moz gold and 83 Moz silver* • Kingsgate project
Slide 12: Why KCN? Our Value Proposition
WHY KCN? OUR VALUE PROPOSITION World class gold producing asset, with proven operating history: 1.8Moz gold produced between 2001-2016 Approx. 27,000 oz gold produced to date* since restart in March 2023 using low-grade stockpiles Proven large scale, low-cost, open-pit operation +5 Mtpa processing c
Slide 13: Contact Us
Contact Us info@kingsgate.com.au kingsgate.com.au kingsgate-consolidated-limited
Slide 14: Group Ore Reserves
GROUP ORE RESERVES As at 30 June 2023
Slide 15: Group Mineral Resources
GROUP MINERAL RESOURCES As at 30 June 2023 Notes to the Ore Reserves and Mineral Resources 1. Rounding errors are apparent. 2. Chatree metallurgical recoveries: 83.3% Au and 38.7% Ag based on metallurgical test work and plant performance. 3. Chatree Mineral Resources are reported at cut-off of 0.30
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