Slide 1: High-grade Australian Gold Production & Development
High-grade Australian Gold Production & Development May 2024 Investor Presentation ASX: KAU
Slide 2: Investment Highlights: Victorian Gold Producer set to Grow
Investment Highlights Victorian Gold Producer set to Grow 2 * ASX 21 July 2022
Slide 3: Victorian project locations
Investment Highlights Victorian project locations Maldon Gold Processing Plant A1 gold mine Melbourne 3 3
Slide 4: Corporate Overview: Board of Directors
Corporate Overview Board of Directors Jonathan Downes Steve Formica Managing Director Chairman 30 years’ experience in the mining industry working in various 35 years’ of management and business development geological & corporate capacities from exploration through to experience as a very successful
Slide 5: Corporate Overview (proforma following Ragnar Placement)
Corporate Overview (proforma following Ragnar Placement) ASX: KAU Share price Share price $0.15* 0.20 Ordinary shares on issue 204M 0.15 Performance shares 2M * 0.10 Options on issue (Exc. 22c to 60c) 43M 1M Market Capitalisation $31M 1 Volume Debt Nil 500k Hedging Nil June 2023 May 2024 1. At closi
Slide 6: Corporate Overview: Substantial Shareholders
Corporate Overview Substantial Shareholders Summary (Proforma following Ragnar investment) Ragnar Metals Limited 16.4% US Family Office 8.4% Investius 7.5% PB Micro Cap Fund Tim Neesham Group 6.0% DC and PC Holdings 2.6% Board and management 4.7% Top 20 shareholders 54.4% 6
Slide 7: The A1 Gold Mine
The A1 Gold Mine Historical Production of Discovered in 1861 ~500,000 ounces of gold at an average recovered grade of 25 g/t gold** Excellent ground 160 years of almost conditions in the diorite continuous operation with drilling returning high grades at depth One of Australia’s longest operating Ka
Slide 8: A1 Mine Long Section
A1 Mine Long Section Looking West The A1 Gold Mine Restricted production due to interactions with historic mining and the nature of extracting remnant ore 700m Produced 30,537t @ 11.6g/t for 11,350 ounces gold last financial year*** Kaiser has been advancing a modern decline (5m x 5m) to only 25m ab
Slide 9: The A1 Gold Mine: A repeating system
The A1 Gold Mine A repeating system • Drilling below historical 23 Level has demonstrated geological continuity and encountered high grade gold mineralisation • Gold reef systems are interpreted to repeat and continue with numerous untouched lodes identified • Abundant visible gold Recent drill resu
Slide 10: Fully operational, but constrained
The A1 Gold Mine Fully operational, but constrained • Fully permitted and operational owner operated site • Full fleet of mining equipment, including jumbos (twin and single boom), loaders (1700, 1300, 151), trucks and IT’s. Modernising the fleet with increasing remote capability. • Excess milling c
Slide 11: The final push
The A1 Gold Mine The final push • De-bottle neck the ventilation. Dedicated development in the upper levels of the mine to put in place a “push – pull” fan system, increasing total volume and reducing recirculation • Advance the decline at modern rates, advancing capital in front of production • Est
Slide 12: Accelerating to the future
The A1 Gold Mine Accelerating to the future $5M will deliver accelerated to the A1 Nova and support 1. Upper-level ventilation development 2. Accelerate decline and associated capital development 3. Commit to infrastructure purchases (fans & wall plates) Capital Allocation $4M @ ≈$5,000/m (actual co
Slide 13: The Target
The A1 Gold Mine The Target • Historical production averages over 800oz Au per • Potential for annual cashflow to be equivalent to current vertical metre within a small footprint market capitalisation • Production rates to >34m vertical per annum (2 levels), • Targeting a production rate with simila
Slide 14: Maldon Processing Plant
Maldon Processing Plant No Constraints • ≈250,000tpa CIP gold processing plant located at Maldon • Expandable with newly purchased Cone Crusher • Operating at between 20% and 30% of its capacity • Routinely delivering 97% recovery • 200,000 tonnes of tailings capacity increase underway and a further
Slide 15: Maldon Goldfield – Future Pipeline
Maldon Goldfield – Future Pipeline Open ended exploration targets North Maldon – 2.1 Million ounces of production at 28 g/t gold* South Nuggetty Reef Eaglehawk Reef 301,000oz @ 187g/t Au 491,000oz Beehive Reef 273,300oz 231,000oz Alliance South 145,253oz 300m Historical high-grade ore shoot/reef Gen
Slide 16: Union Hill long section
Union Hill long section Inset – Established infrastructure and permitting***** ***** ASX 7 July 2020 16 16
Slide 17: Summary
Summary • Fully permitted and operating mine and process plant • A $5M represents a modest investment and low risk v’s new development or restart • Ongoing production and cashflow • Additional production and cashflow opened up with • Significant asset backing & market cap v’s ramp up additional decl
Slide 18: Disclaimer
Disclaimer FOR CONSIDERATION 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 inclusive or complete.
Slide 19: Thank you
Thank you For further information: Jonathan Downes Managing Director admin@kaisereef.com.au Make sure to follow Kaiser Reef on our socials: 19