Kaiser Reef Ltd · ASX:KAU
Kaiser Reef — Investor Presentation (January 2021)
20 slides from Kaiser Reef's investor presentation, Jan 28, 2021
Slide 1: Victorian High Grade Gold Producer and Explorer
For personal use only Victorian High Grade Gold Producer and Explorer January ASX.KAU
Slide 2: Disclaimer
Disclaimer FOR CONSIDERATION For personal use only This presentation has been prepared by Kaiser Reef Limited “Kaiser” (ASX: KAU). This document contains background information about Kaiser current at the date of this presentation. The presentation is in summary form and does not purport to be all i
Slide 3: Yes – we are now a gold producer!
Yes – we are now a gold producer! For personal use only 3
Slide 4: Kaiser Summary
Kaiser Summary Building a high quality Victorian and NSW focused gold For personal use only production and exploration company Kaiser holds • 100% ownership of a suite of assets • High Grade Gold Production - Operating high-grade mine (A1 Mine) - Operating processing plant (Maldon) • Exceptional exp
Slide 5: Kaiser Reef Limited – Gold Miner and Explorer
Kaiser Reef Limited – Gold Miner and Explorer Kaiser the Miner (VIC) For personal use only • Previous owner, Centennial was in Voluntary Administration - Complex process but this was also the opportunity • Historic production of +2.0M ounces of gold across 2 goldfields on the LFB • Operating mine an
Slide 6: The Centennial Assets – Victoria
The Centennial Assets – Victoria (+2Moz gold historic production) The A1 Mine For personal use only • The operating A1 Mine gold mine ( last 18 months mined 11.4 g/t gold ) • A1 has been operating most of the period since its discovery in 1861 • The A1 has excellent exploration potential • Exploring
Slide 7: The Strategy – Victoria Assets
The Strategy – Victoria Assets For personal use only A1 Mine • Commence resource and reserve drilling • Exploiting the Queens Lode at the A1 mine (increased mining rate) – Kaiser is targeting a ramp up production. • Explore and develop below historic workings Maldon • Currently reduced mining rate u
Slide 8: The A1 Mine
The A1 Mine Fact For personal use only • Discovered 1861 and in production of majority of time since • Production of ~500,000 ounces of gold at an average grade of 25.9 g/t gold • Provided the processing plant with ore grading 11.4 g/t gold over the past 18 months Opportunity • No reserves and minim
Slide 9: The A1 Mine
The A1 Mine For personal use only • Looking to expand resources, define reserves and increase production rate • First target for bulk mining – the Queens Lode • Resource drilling commenced – decline on standby Historic drill hits at Queens include:* - A1UDH-325: 11.9m @ 16.3 g/t gold - L7-008: 25.0m
Slide 10: The Processing Plant – Maldon
The Processing Plant – Maldon “Porcupine Flat” For personal use only • Wholly owned 150,000 tpa Carbon in Pulp (CIP) gold processing plant • Located on the Maldon Goldfield, Victoria • Historically strong gold recoveries • Important strategic location with numerous surrounding gold explorers • Opera
Slide 11: The Maldon Goldfield
The Maldon Goldfield • Wholly owned major historic high-grade goldfield For personal use only • Located at the township of Maldon Gold Field, Victoria • Maldon supplementary gold operations could support increased production • Numerous priority exploration targets such as Union Hill and Nuggety Reef
Slide 12: The Maldon Goldfield
The Maldon Goldfield For personal use only Production Reef Name (ozs) Eaglehawk Reef 491,400 Nuggetty Reef 301,000 German Reef 270,300 North British Reef 242,000 Beehive Reef 231,000 Victoria & Derby Reefs 145,253 Wilsons Reef 61,500 Total 1,742,453 Significant historic production since discovery 12
Slide 13: The Maldon Goldfield – Numerous Exploration Opportunities
The Maldon Goldfield – Numerous Exploration Opportunities For personal use only 13
Slide 14: Victorian assets complement existing NSW exploration assets
For personal use only The Victorian assets complement the Companies existing NSW exploration assets which are also in the Lachlan Fold Belt (LFB). • Stuart Town • North Macquarie 14
Slide 15: Highly Prospective Lachlan Fold Belt Projects
Highly Prospective Lachlan Ford Belt Projects For personal use only Stuart Town Goldfield • Located on trend between Cadia and Boda on the LFB • Huge/high grade soil anomalism • Large scale geophysical targets modelled at shallow depth and not yet drill untested • Coincident with very large number o
Slide 16: Stuart Town
Stuart Town For personal use only Stuart Town - Exploration • 100% ownership • Production commenced in 1850’s with no records kept until the field was largely depleted in 1875 • Over 80 documented gold occurrences within the prospect area (Stuart Town represents one of the densest concentration of h
Slide 17: Stuart Town
Stuart Town For personal use only Stuart Town - Exploration • Coincident gravity and magnetic target directly below gold workings • High tenor soil results • Large scale/high order soil anomalism • Large scale geophysical targets modelled at shallow depth and not yet drill tested • Coincident with v
Slide 18: Macquarie North
Macquarie North For personal use only Macquarie North - Exploration • Northern End of the Macquarie Arc – part of the LFB • The Macquarie Arc hosts some of Australia's largest copper/gold mines • Government modelling interprets ~80km strike of Prospective Cu-Au porphyry belt and Macquarie Arc intrus
Slide 19: Undervalued Gold Miner – Capital Structure and Uses of Funds
Undervalued Gold Miner Uses of Funds - Capital Structure Allocation of funds For personal use only Expenditure on Victorian Projects 4,820,500 Heavily oversubscribed recent Capital raising of $7.5 Infrastructure Costs 2,266,500 million @ $0.30 per share Tight capital structure and compelling value E
Slide 20: Summary
Summary For personal use only High-Grade Victorian gold producer complements existing gold exploration assets Assets exited from administration. Debt free and with much stronger gold price (~AUD$2400) compared to when the company went into administration (AUD$1600 oz) • Wholly owned gold processing