Kingsrose Mining Ltd · ASX:KRM
Kingsrose Mining — Shareholder Meeting (November 2015)
23 slides from Kingsrose Mining's shareholder meeting presentation, Nov 12, 2015
Slide 1: Annual General Meeting Managing Director's Presentation
For personal use only ASX Announcement 12 November 2015 Annual General Meeting Managing Director’s Presentation Please find attached a copy of the presentation Kingsrose Managing Director, Mr. Scott Huffadine will give to Shareholders at the Company’s Annual General Meeting to be held today at 11 am
Slide 2: The Way Linggo Project AGM Presentation November 2015
For personal use only THE WAY LINGGO PROJECT AGM PRESENTATION NOVEMBER 2015 ASX:KRM
Slide 3: FY 2015: Operational Highlights
FY 2015: Operational Highlights Talang Santo Mine permitting completed For personal use only First year of production from the Talang Santo Mine Consistent increase on Mineral Resource grade reconciled to mined grade 2 consecutive quarters with reconciled mine grade above 12 g/t Gold Resou
Slide 4: FY 2015: Financial Highlights
FY 2015: Financial Highlights Successful restructure of the Group’s Loan Facilities For personal use only Receipt of $3.6M tax refund from the Indonesian Taxation Office Restructure of fuel contracts leading to significant cost reductions Strengthening USD against IDR and AUD – reduction in
Slide 5: FY 2016: Key Drivers to Growth
FY 2016: Key Drivers to Growth 1. Operations For personal use only Increase production from the Talang Santo Mine Manage water levels to allow production & development to continue as scheduled Completion of 5 Level shaft to access high grade ore bodies Extension of the Talang Santo Mine beyo
Slide 6: December Quarter Targets
December Quarter Targets Production For personal use only • 6,500 – 7,500 ounces of Gold • Increase in production with transition to shrink and gallery stoping • Installation of additional pumping infrastructure - completed • Implementation of a dewatering plan to minimise the impact of water on pro
Slide 7: The Way Linggo Project
The Way Linggo Project For personal use only 6
Slide 8: The Way Linggo Project
The Way Linggo Project Talang Santo Mine - Development underway on initial 6 Level mine For personal use only plan - opportunity to expand via exploration from existing development Established Infrastructure - 140Ktpa processing plant with Merrill Crowe circuit and all weather haul road forms ba
Slide 9: The Talang Santo Mine
The Talang Santo Mine For personal use only Commenced production in July 2014 6 Level mine plan – open along strike and at depth FY 2015 production impacted by poor ground conditions on 2 and 3 Level Currently mining from 4 Level – ground conditions significantly improved Transitioning int
Slide 10: Talang Santo Mine – Level Shaft Access
Talang Santo Mine – 5 Level Shaft Access The 5 Level haulage shaft will access further upside in the Talang Santo For personal use only system at depth High Grade Core New Lodes 9
Slide 11: Mine Plan Video
For personal use only Mine Plan Video 10
Slide 12: Resource Upgrade – Potential for Further Upside
Resource Upgrade – Potential for Further Upside For personal use only Total Mineral Resource of 1.4 million tones @ 8 g/t Au and 22 g/t Ag for 360,000 ounces of gold and 1,012,000 ounces of silver as at 30 June 2015 A 27% increase in contained gold, with an additional 77,000 ounces of gold over
Slide 13: Resource Definition - Next Steps
Resource Definition - Next Steps Drill platform to be established on the 5 Level to infill the current inferred For personal use only resource below the base of the current mine plan at the 6 Level, and increase confidence in the along strike mineralised occurrences INFILL DRILLING 12
Slide 14: Expanding Exploration Footprint Within the Project
Expanding Exploration Footprint Within the Project For personal use only Advanced Exploration Project Exploration 13
Slide 15: Real Scope for Organic Growth at the Project Scale
Real Scope for Organic Growth at the Project Scale Multiple epithermal targets For personal use only within the existing 100km2 Project area Infill of the dataset with a systematic approach is starting to pay dividends with immediate success at Talang Toha and Mitra Jaya identifying blind minera
Slide 16: Mitra Jaya Prospect
Mitra Jaya Prospect Priority Target For personal use only Significant gold in soil anomaly High grade quartz float including: 43 g/t Au and 220 g/t Ag, 33.5 g/t Au and 199.5 g/t Ag and 16.7 g/t Au and 65.23 g/t Gold in soil anomaly at Mitra Jaya Multiple test pits have identified quartz veinin
Slide 17: Talang Toha
Talang Toha Priority Target For personal use only Gold in soil anomaly that sits within the Talang Cluster Immediate results with blind mineralised veins exposed in trenching 0.4m @ 7.22g/t Au in quartz vein Follow up drilling defined clay quartz vein 50 metres below 1.55m @ 7.23 g/t Au
Slide 18: Focused on Delivering Long Term Value
Focused on Delivering Long Term Value For personal use only Strategy in place to manage the challenges of mining a new orebody in a larger system Inferred resource presents significant opportunity to extend mine life Developing into higher grade areas of the ore system Continued investment i
Slide 19: Thank You
Thank You For personal use only Contact: Kingsrose Mining Limited + 61 8 9486 1149 info@kingsrosemining.com.au www.kingsrosemining.com.au 18
Slide 20: Corporate Overview
Corporate Overview Key Statistics (ASX:KRM) Directors & Management For personal use only Shares on issue 359m John Morris Chairman Options on issue 8.85m Scott Huffadine Managing Director Share Price $0.20 Bill Phillips Non Exec Director Market Cap $72m Andrew Spinks Non Exec Director Cash & Bullion
Slide 21: Way Linggo Project Mineral Resource Statement
Way Linggo Project Mineral Resource Statement As at 30 June 2015 For personal use only Classification Tonnes(Kt) Gold (Au) g/t Au ounces Silver (Ag) g/t Ag ounces (Koz) (Koz) Talang Santo Measured 197 10.8 68 25 155 Indicated 468 11.1 167 22 326 Inferred 739 5.2 124 22 531 Subtotal 1,403 8.0 360 22
Slide 22: Community, Safety & the Environment
Community, Safety & the Environment Occupational Health & Safety For personal use only Continued focus on improving safety practices Bronze Safety Award 2015 - Indonesian Mines Department Environmental Awareness Small footprint underground mines – minimise surface disturbance Rehabilitation
Slide 23: Disclaimer & Competent Persons Statement
Disclaimer & Competent Persons Statement The information contained in this Presentation has been prepared by Kingsrose Mining Limited (“Kingsrose” or the “Company”). This Presentation does not constitute an For personal use only offer or invitation to any person to subscribe for or apply for any sec
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