Kingsgate Consolidated Limited · ASX:KCN
Kingsgate Consolidated — Investor Presentation (February 2024)
16 slides from Kingsgate Consolidated's investor presentation, Feb 22, 2024
Slide 1: North American Investor Presentation
North American Investor Presentation Jamie Gibson – Managing Director & CEO 22 February 2024
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 – Kingsgate Today
CORPORATE OVERVIEW – KINGSGATE TODAY Capital Structure Key Assets Market cap1 Cash, bullion & doré2 Chatree Gold Mine, Thailand Nueva Esperanza Project, Chile ~US$245m US$15.6m Share price1 Debt2 US$0.94 US$18m Shares on issue1 Options on issue3 257.8m 2.5m Share Register January 24 Board of Directo
Slide 4: Key Asset - Chatree Gold Mine (Thailand)
KEY ASSET - CHATREE GOLD MINE (THAILAND) • Located in the highly prospective Loei Fold Belt (significant part of Indochina Block) • Large open pit, low sulphidation epithermal gold deposit with 1.3 Moz of Reserves and 3.4 Moz of Resources* • “First and Only Mover” advantage, largest Australian inves
Slide 5: Key Achievements
KEY ACHIEVEMENTS Reopened Chatree after 6 years - Metallurgical Licence granted for the maximum term under Thai Law Upgraded the Chatree Ore Reserve by 46% to 1.3 million ounces of gold Secured ~ $150 million in Board of Investment incentives (8-year tax holiday) Renewed 4 key mining leases at Chatr
Slide 6: Plant #1 Overhaul Project Update
PLANT #1 OVERHAUL PROJECT UPDATE • The Plant #1 overhaul project will start full commissioning shortly • Ball and SAG Mills relined and connected to power • Dry commissioning has started on the crushing, reclaim and grinding circuits • 8 out of 9 conveyors have been commissioned • Elution circuit pi
Slide 7: Mining Planning & Operations – 2023/24
MINING PLANNING & OPERATIONS – 2023/24 • First Phase- mining operations recommenced in A West (September 2023) • Second Phase (March Quarter) – expanding into the Quartz Lease and K West (~400 to 500koz of Au) • Strong focus on near mine resource development • Grade control drilling targeting additi
Slide 8: Thailand – Mine Exploration
THAILAND – MINE EXPLORATION • Grade control drilling returned significant economic grade mineralisation in five out of the six holes drilled to 20m depth • Results in the A West Pit show excellent high-grade intersections, indicating a continuous high-grade ore body extending towards the north • Sig
Slide 9: Thailand – Regional Exploration Highlights
THAILAND – REGIONAL EXPLORATION HIGHLIGHTS • 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 intersections in 2023/24 include: • 29m@1.53g/t Au from 3
Slide 10: Thailand – Sustainability
THAILAND — SUSTAINABILITY Community =) + Educational ®————® Good Health Opportunities & Wellbeing EIA Fund, community funds and donations are directed towards initiatives under the four pillars.
Slide 11: Thailand – Sustainability (Strong Focus on Community Engagement)
THAILAND – SUSTAINABILITY (Strong Focus on Community Engagement)
Slide 12: 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 13: Why KCN? Our Value Proposition
WHY KCN? OUR VALUE PROPOSITION Tight capital structure by peer comparison to ensure meaningful returns World class gold producing asset, with proven operating history: 1.8Moz gold produced between 2001-2016 Proven large scale, low-cost, open-pit operation +5 Mtpa processing capacity across two plant
Slide 14: Contact Us
Contact Us info@kingsgate.com.au kingsgate.com.au kingsgate-consolidated-limited
Slide 15: Group Ore Reserves
GROUP ORE RESERVES As at 30 June 2023
Slide 16: 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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