Slide 1: Investor Presentation
For personal use only Investor Presentation 9 July 2020 www.kglresources.com.au ASX:KGL I 0
Slide 2: KGL Resources - Corporate Snapshot
KGL Resources - Corporate Snapshot For personal use only CAPITAL STRUCTURE 60 MONTH SHARE PRICE PERFORMANCE Australian Stock Exchange (ASX) code KGL ASX Share price (close 08-July-2020) 17.5 cents 52 week low / high A$0.277 / A$0.094 Shares on issue 311.8M Options on Issue Nil Market capitalisation
Slide 3: KGL Resources - Capital Raising Overview
KGL Resources - Capital Raising Overview For personal use only Offer Size and Structure To Raise approximately $4 million. 2 new ordinary share for every 25 existing ordinary share held. Offer Price $0.16 per share. 8.6% discount to the closing price of $0.175 on 8 July 2020 Use of Funds Proceeds ra
Slide 4: KGL Resources - Capital Raising Timetable
KGL Resources - Capital Raising Timetable Event Date For personal use only Announcement of Entitlement Offer Thursday, 9 July 2020 Shares traded on an ‘ex’ entitlement basis Monday, 13 July 2020 Record date for eligibility to participate in the Entitlement Offer 7.00pm AEST, Tuesday, 14 July 2020 De
Slide 5: Jervois Project - Overview
Jervois Project - Overview For personal use only • 100% owned. • Located 380km ENE of Alice Springs with access via Stuart and Plenty Highway. • Mineral Resource: • 26.6 million tonnes at 1.47% copper and 24.7 g/t silver, • containing 390,600 tonnes copper and 21.1 million ounces silver, • including
Slide 6: Jervois Project - Resource
Jervois Project - Resource For personal use only ASX:KGL I 5
Slide 7: Jervois Copper Project – Progress
Jervois Copper Project – Progress • COVID-19 shutdown has provided time to review For personal use only and improve upon the geological model, incorporate recent drill results, complete mine geotechnical studies and other planning work. • Other works underway and planned include:- • Updating the Lif
Slide 8: Jervois Project – Mineralised Zones
Jervois Project – Mineralised Zones For personal use only • This map shows selected exploration targets based on 3D IP & MT (magnetotelluric) resistivity and gravity around Reward, Rockface and Bellbird. • These ready drill targets were outlined within the company's strategy to establish a mine plan
Slide 9: Jervois Project – Reward Exploration Potential
Jervois Project – Reward Exploration Potential For personal use only Surface map of Reward with selected recent drill intercepts and IP resistivity 0.5 Ohm-m iso- lines projected onto the surface. ASX:KGL I 8
Slide 10: Reward Deposit - Geophysics
Reward Deposit - Geophysics Longitudinal section of all drill intercepts depicted as discs with disc size reflecting the Cu grade. Also showing For personal use only recent interpreted conductor plates, IP resistivity iso-lines and gravity image of Reward. The white sashed line marks the perimeter o
Slide 11: Bellbird Deposit - Geophysics
Bellbird Deposit - Geophysics Longitudinal section of all drill intercepts depicted as discs with disc size reflecting the Cu grade. Also For personal use only showing recent interpreted conductor plates, IP resistivity iso-lines and gravity image of Reward. The white dashed line marks the perimeter
Slide 12: Jervois Project – High Potential Exploration Areas
Jervois Project – High Potential Exploration Areas For personal use only • Prospects and exploration opportunities within the target horizon along the J-fold. • Only a fraction of the target horizon has been drilled. Numerous areas have been highlighted for their favourable geology, structures and g
Slide 13: Jervois Project – Site Planning
Jervois Project – Site Planning For personal use only • Detailed planning underway for site layout and infrastructure. • Review of power supply tenders and civil design proposal in progress. • Lease and licence applications underway for water bore field supply. • Mining Management Plan lodged with N
Slide 14: Copper Market
Copper Market For personal use only • Growing expectations of a strengthening international copper market. • Supply side – COVID-19 has forced mine operations to halt and delayed further developments. • Demand Side – Government incentives for copper intensive projects (renewables and electric vehicl
Slide 15: Copper Demand
Copper Demand For personal use only ASX:KGL I 14
Slide 16: Copper Price
Copper Price • Price began to increase late 2019 to peak at US$6327/tonne on For personal use only 14/01/2020. • Price fell with the onset of COVID-19 to US$4630 on 23 March • Price on 8 July was US$6,082/tonne • Market has been influenced by the prospect of government stimulus measures. ASX:KGL I 1
Slide 17: KGL Resources Board at Jervois Site
KGL Resources Board at Jervois Site For personal use only ASX:KGL I 16
Slide 18: Risk Factors
Risk Factors For personal use only • Activities in KGL Resources and its controlled entities, as in any business, are subject to risks which may impact on KGL Resources’ future performance. There are a number of factors, both specific to KGL Resources and of a general nature, which may affect the fu
Slide 19: Material Business Risks
Material Business Risks Future Capital Raisings For personal use only KGLs’ ongoing activities may require substantial further financing in the future, in addition to amounts raised pursuant to t he Entitlement Offer. KGL will require additional funding to bring the Jervois Copper Project into comme
Slide 20: Material Business Risks (cont.)
Material Business Risks (cont.) legitimate common law native title rights of Aboriginal Australians exist. If native title rights do exist, the ability of KGL to gain access to tenements (through obtaining consent of any relevant landowner), or to progress from the exploration phase to the developme
Slide 21: Material Business Risks (cont.)
Material Business Risks (cont.) Availability of equipment and contractors For personal use only Prior to the COVID19 pandemic, the availability of appropriate equipment, including drill rigs, was in short supply. There was also high demand for contractors providing other services to the mining indus
Slide 22: General Risk Factors
General Risk Factors Mineral exploration and mining may be hampered by circumstances beyond the control of KGL Resources and are speculative operations which by their nature are subject to a number of inherent risks. These include general risk factors such as: For personal use only Market Risk: As w
Slide 23: Jervois Project – JORC Resources
Jervois Project – JORC Resources For personal use only ASX:KGL I 22
Slide 24: Important Notices
Important Notices For personal use only JORC Compliance Statement • The Jervois Resources information was first released to the market on 22 August 2019 as “Significant upgrade of copper resources at KGL’s Jervois Copper Projectand complies with JORC 2012 and can be found on the Company website www.
Slide 25: More Information
More Information For personal use only For more information, please contact us: KGL Resources Limited Level 7, 167 Eagle Street, Brisbane QLD 4000, Australia T: +61 7 3071 9003 E: info@kglresources.com.au W: www.kglresources.com.au ASX:KGL I 24