Kingston Resources Ltd. · ASX:KSN
Kingston Resources — Shareholder Meeting (November 2020)
15 slides from Kingston Resources's shareholder meeting presentation, Nov 26, 2020
Slide 1: 2020 Annual General Meeting - Managing Director's Presentation
For personal use only Rising GOLD DEVELOPER in the Asia-Pacific 2020 Annual General Meeting Managing Directors Presentation 26 November 2020 130,000ozpa, A$1,159/oz AISC 26 November, 2020 17-year mine life Andrew Corbett, Managing Director Strong financial returns ASX: KSN
Slide 2: Disclaimer
Disclaimer Forward Looking Statements Certain statements contained in this presentation, including information as to the future financial or operating performance of Kingston Resources Limited (“KSN”) and its projects, are forward looking For personal use only statements. Such forward looking statem
Slide 3: Agenda
Agenda For personal use only • Vision : Building a gold company • Year in Review • Misima Gold Project : Prefeasibility and Exploration www.kingstonresources.com.au 3
Slide 4: Vision
Vision For personal use only Our vision is to create an ASX listed mid-tier gold producer operating in the Asia-Pacific Leverage the Misima Gold Project as the cornerstone asset to build a mid-tier gold company Led by an experienced and qualified management team with a proven track record for creati
Slide 5: Sustainability
Sustainability For personal use only Safety People • Zero LTI’s • PNG employees +90% • Misima risk review completed • Can-do culture • Baseline data for TRIFR • Attract and retain the right people • Introduced Take 5 & JSRA • Caring for our people Environment Community • Zero environmental non-compl
Slide 6: COVID-19 Management
COVID-19 Management For personal use only • March 2020 all drilling operations ceased • Operational readiness • COVID-19 Management Plan • COVID-19 Temperature Screening Procedure • COVID-19 Cleaning Procedure • September 2020 remobilised site management • October 2020 recommenced drilling and explo
Slide 7: Strategy
Strategy For personal use only Misima (100%) • Consolidated ownership of Misima • Completed the PFS • Mineral Resources upgraded • Maiden Ore Reserve • Approval program underway • Development roadmap in place • Exploration and Resource drilling ongoing Livingstone (75%) • Ongoing exploration • Devel
Slide 8: Management – positioned for development
Management – positioned for development For personal use only Kingston Appoints Highly-Regarded Australian Mining Executive Mick Wilkes as Chairman Appointment comes as Kingston prepares to make the transition to Asia-Pacific gold developer at the large-scale Misima Project in PNG Board & Management
Slide 9: Misima Pre-Feasibility Study
Misima Pre-Feasibility Study • PFS completed November 2020 For personal use only • Development underpinned by 3.6Moz Resource1 and 1.35Moz Reserve1 • Leveraging off 15 years of previous production history: • New plant largely replicates successful Placer design • Haul roads, port, airstrip in place
Slide 10: Misima Pre-Feasibility Study
Misima Pre-Feasibility Study • Misima Gold Project PFS delivers exceptional PFS Production Target Summary & Economics For personal use only economics1,2: LOM Years 17 • 17-year mine life at 130,000oz per annum annual average gold LOM Gold production oz 2,133,157 production, 5.5Mtpa mining and proces
Slide 11: Misima Pre-Feasibility Study
Misima Pre-Feasibility Study • Low-cost mining and processing are key advantages at PFS Production Target – Capital & Operating Costs For personal use only Misima Capital Costs • Key drivers of the forecast low operating costs: 5.5Mtpa Processing Plant A$m 99.0 • Coarse grind: P80 passing at 250 mic
Slide 12: Misima Pre-Feasibility Site Layout
Misima Pre-Feasibility Site Layout • Utilising previous process plant location PFS – Processing Plant For personal use only • Leveraging existing land topography and previous footprint • Excellent access to current Misima Island facilities such as roads and airport • Simple layout utilising historic
Slide 13: Misima: Active Work Program Advancing
Misima: Active Work Program Advancing 2021 Q1 Q2 Q3 Q4 For personal use only Resource & exploration drilling JORC Resource Mining studies update Environmental baseline work Project approvals Advancing development focus • Environmental baseline work ongoing, EIS activity to step up post PFS • Targeti
Slide 14: Questions
Questions For personal use only www.kingstonresources.com.au 14
Slide 15: Contact details and research coverage
For personal use only Andrew Corbett Managing Director Chris Drew Chief Financial Officer P: +61 2 8021 7492 E: info@kingstonresources.com.au Kingston Resources Limited Suite 201/110 Pacific Highway, North Sydney, NSW 2060 www.kingstonresources.com.au ASX: KSN Research Coverage Canaccord Reg Spencer
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