Kingsrose Mining Ltd · ASX:KRM
Kingsrose Mining — Investor Presentation (July 2013)
21 slides from Kingsrose Mining's investor presentation, Jul 10, 2013
Slide 1: Corporate Presentation – ASX cover letter
10 July 2013 Company Announcements Office For personal use only Australian Securities Exchange Limited Level 6, 20 Bridge Street Sydney NSW 2000 CORPORATE PRESENTATION Please find attached a copy of the Company’s current Corporate Presentation. Further information regarding the Company and its Proje
Slide 2: High Grades & Low Costs: the Springboard to Future Growth
ACN: 112 389 910 For personal use only High Grades & Low Costs …the Springboard to Future Growth Corporate Update - July 2013
Slide 3: Way Linggo Project Highlights – Key Value Drivers
Way Linggo Project Highlights – Key Value Drivers For personal use only Resources Rich Location “Rim of Fire” in Sumatra, Indonesia - low sulphidation epithermal system Established Project (85% owned) 2 mines & 1 processing plant on 100km2 of secure title (4th generation CoW) Outstanding Grades Spec
Slide 4: FY 2013 - What happened?
FY 2013 - What happened? For personal use only • March 2012 Decision to move Talang Santo from exploration to pre-development phase and preparation for the regulatory approval processes commenced; • June 2012 Trial mining on 2nd level and development of external shaft to Level 3 underway; • Septembe
Slide 5: The Way Linggo Project - The Next Chapter
The Way Linggo Project - The Next Chapter For personal use only • The focus is on fast tracking development at Talang Santo into early cash flow • A “step-back” review of Way Linggo mine and surrounding geology is in progress • Talang Santo is over 3 times bigger than Way Linggo and remains open • A
Slide 6: The Talang Santo Mine
The Talang Santo Mine JORC Mineral Resource Estimate (Indicated & Inferred) For personal use only • 1,660,980 @ 5.39 g/t Au & 16.77g/t Ag1 = 287,489oz Gold & 894,951oz Silver • Greater than 3 times the size of the Way Linggo orebody and remains open along strike and at depth • Mine infrastructure in
Slide 7: Talang Santo – The Mine Plan
Talang Santo –The Mine Plan For personal use only Mine adit Internal Sha, External sha, Level 2 Level 3 Level 4 Level 5
Slide 8: Talang Santo – x The Size of Way Linggo and Growing
Talang Santo – 3 x The Size of Way Linggo and Growing…. For personal use only 300m 150m 300m 1000m Orebody remains open along strike and at depth
Slide 9: Talang Santo – High Grades and High Potential for Growth
Talang Santo – High Grades and High Potential for Growth For personal use only • Development work has exposed the ore body on Level 2 & Level 3 • Samples indicate gold grade exceeds current resource model grade1 • Similar to what occurred at the Way Linggo mine 1. Refer ASX Announcement 25 June 2013
Slide 10: Talang Santo – Face Sampling vs Drill Results
Talang Santo – Face Sampling vs Drill Results For personal use only 1. Refer September 2012 Quarterly report ASX Announcement 26 October 2012 for a complete lis1ng of drill results .
Slide 11: Talang Santo – Major Cluster of Epithermal Veining
Talang Santo – Major Cluster of Epithermal Veining For personal use only
Slide 12: Additional Exploration Targets – Proximal to Talang Santo
Figure&12:**Inferred*quartz*vein*surface*traces,*poten(al*vein*targets,*cross@structures,*regional*lineaments*and*drill*holes*for*the*Way*Lunik* area*in*the*northern*part*of*the*Way*Linggo*CoW*shown*on*an*image*of*the*first*ver(cal*deriva(ve*minus*the*horizontal*gradient*magnitude* of*the*reduced*to*
Slide 13: The Geology Points to Additional High Grade Deposits Being Found
The Geology Points to Additional High Grade Deposits Being Found… For personal use only • 100km2 land holding • Large exploration footprint in prolifically mineralised area (“Rim of Fire”) • Numerous defined epithermal zones/targets • Epithermal veins exist and/or outcrop • Strong gold and associate
Slide 14: Looking Ahead to 2014 and Beyond
Looking Ahead to 2014 and Beyond • Mining rates For personal use only • Mine production: • End of Quarter 1: 150tpd • End of Quarter 2: 250tpd • End of Quarter 3: 350tpd • End of Quarter 4: +400tpd (June 2014) • Expected grades: 11 g/t gold & 30 g/t silver • Milling/gold production to recommence 1 O
Slide 15: The Way Linggo Mine - The Benchmark
The Way Linggo Mine - The Benchmark For personal use only • EBITDA: USD $83m • Au Produced: 64,706oz • Mined Au grade: 13.1g/t June 10 to • EBITDA/Oz: USD $1,282 July 12 • Costs: C1 USD $207/oz1 C3 USD $491/oz2 “All- In” Project Costs USD $606/oz3 1 C1: Total Cash Costs (less silver by product credi
Slide 16: Industry Cost Curve – Well Positioned to Deliver Returns
Industry Cost Curve – Well Positioned to Deliver Returns For personal use only 1800 1600 1400 “Stress Testing” POG at USD $1,200/oz 1200 1000 USD 800 KRM “All-in Cash 600 Costs $USD650/0z) 400 200 0 2010 2011 2012 Average Gold Price C1 Cash Costs (Industry Average) All-in Cash Costs (Industry Averag
Slide 17: Community Initiatives – Co-operation & Engagement
Community Initiatives – Co-operation & Engagement For personal use only Health Initiatives • Substantial food & equipment donations • Subsidised medical care, incl. malaria control & prevention & birth control Education Initiatives • Student scholarships & teacher allowances • School building renova
Slide 18: Disclaimer
Disclaimer The information contained in this document (“Presentation”) has been prepared by Kingsrose Mining Limited For personal use only (“Kingsrose” or the “Company”). This Presentation does not constitute an offer or invitation to any person to subscribe for or apply for any securities in the Co
Slide 19: Competent Person Statement
Competent Person Statement For personal use only Exploration Results: The information in this report that relates to exploration results is based on information compiled by Mr Andrew Spinks, B.App. Sc (Geology), Grad.Dip (Mining) and is a member of AusIMM who is a Director of Kingsrose Mining Limite
Slide 20: Appendix One - The Contract of Work (KRM 85%)
Appendix One - The Contract of Work (KRM 85%) For personal use only • 4th generation CoW covering 100km2 • Legally binding agreement between the Republic of Indonesia and PT Natarang • Mining Limited (85% subsidiary) • Provides security of tenure until 2034 • 2 operating underground mines • Talang S
Slide 21: Appendix Two – Corporate Structure
Appendix Two – Corporate Structure For personal use only Highly Experienced Board & Management Chairman – John Morris Non Executive Director - Bill Phillips • +38yrs experience in exploration, project • +30yrs experience in mining development & management of resource contracting & mine management –