Kingsrose Mining Ltd · ASX:KRM
Kingsrose Mining — Shareholder Meeting (January 2022)
26 slides from Kingsrose Mining's shareholder meeting presentation, Jan 28, 2022
Slide 1: Corporate presentation
Copyright © 2021 Kingsrose Mining. All rights reserved. presentation Corporate 28 January 2022 For personal use only
Slide 2: Disclaimer
Disclaimer For personal use only The information contained in this Presentation has been prepared by Kingsrose Mining Limited (“Kingsrose” or the “Company”). The information contained in this Presentation has been prepared in summary form. Accordingly, neither the Company nor any of its shareholders
Slide 3: Focused on discovery
Focused on discovery For personal use only New exploration focused High-grade PGE-nickel-copper with commitment to: team with a track-record projects in Scandinavia of discovery Penikat, Finland: layered intrusion – Technical excellence and with 25 kilometres cumulative strike of Board members playe
Slide 4: Corporate Snapshot
Corporate Snapshot • Notable share price growth since announcements Shares on Issue 746,486,518 Share Price For personal use only As at 24 January 2022 A$0.088 of new board, management and strategic direction Options 12,000,000 (1.6%) Market Cap A$60.7m in early 2021 Performance Rights 3,500,000 (0.
Slide 5: Strategy
Strategy For personal use only Advance Scandinavian PGE-Ni-Cu M&A Projects to Drilling – Dedicated M&A team • Advanced exploration projects with established historical drilling and large-scale potential – Actively looking for precious • Penikat Project globally significant high-grades over 25 km of
Slide 6: Acquisition of Scandinavian Assets
For personal use only Acquisition of Scandinavian Assets Why Scandinavia? • Acquisition establishes a foothold in premier global mining jurisdictions of Finland and Norway, highly prospective for nickel, copper, PGE and gold • Multiple large-scale deposits are in production, recent influx of major m
Slide 7: Penikat, Finland – Large Scale PGE-Ni-Cu Deposit
Penikat, Finland – Large Scale PGE-Ni-Cu Deposit For personal use only Penikat is a high-grade PGE-nickel-copper-gold deposit hosted within a layered intrusion. • Mineralisation is hosted in three outcropping parallel reefs with a cumulative strike length of 25 kilometres • 4,158 meters of historica
Slide 8: Penikat Benchmarking
Penikat Benchmarking • Average drilled historical grades of each Penikat reef indicates they are high-grade compared to global deposits For personal use only • Majority of recent discoveries and development projects are low-grade, open pit targets will be increasingly challenging to permit and finan
Slide 9: Porsanger, Norway – Underexplored Region
Porsanger, Norway – Underexplored Region For personal use only PGE and copper bearing intrusions at Porsvann and Karenhaugen have potential to host massive sulphide polymetallic mineralisation • Same mineral belt as Boliden’s Kevitsa and Anglo American’s Sakatti Ni-Cu-PGE deposits in Finland, Norweg
Slide 10: M&A Strategy
M&A Strategy For personal use only Building a portfolio of the highest quality exploration assets with tier-1 potential Well funded & quality team Key metrics for means: any potential Focused & high quality due diligence acquisition: Objective and patient Seen as a good partner Nimble Commod
Slide 11: Global Depth of Experience to Identify New Exploration Opportunities
Global Depth of Experience to Identify New Exploration Opportunities Board and Management have played key roles in the discovery and development of numerous significant projects globally For personal use only Amulsar Sakatti 5 Moz Au, 28 Moz Ag Windfall Lake Project where team Ni-Cu-PGE 6.1 Moz Au m
Slide 12: Green Energy Metals
Green Energy Metals Essential for Global Decarbonisation For personal use only • Platinum and Palladium’s catalytic • Nickel is a key component in batteries • Copper-intensive solutions required for properties are fundamental to a green • Nickel price supported by projected demand for electrificatio
Slide 13: Way Linggo – Project Overview
For personal use only Way Linggo – Project Overview • Located on the prolifically mineralised Trans-Sumatran Fault Zone • Produced 200 koz gold and 1.5 Moz silver 2011-2020 • +1Moz gold mines to the north and south of the project • Potential for Gosowong*-type high-grade low sulphidation gold veins
Slide 14: Way Linggo – Production History – Grade is King
Way Linggo – Production History – Grade is King For personal use only Cost vs Grade Way Linggo • Success story for the company: $4,500 18 discovery – development – production $4,000 16 • High margins at the start of the project, 179 g/t Ag due to very high gold & silver grades $3,500 155 14 g/t Ag •
Slide 15: Way Linggo – Talang Santo Resource Growth & Discoveries
Way Linggo – Talang Santo Resource Growth & Discoveries For personal use only 2021 Resource Update • 1.4 Mt at 5.4 g/t gold and 18 g/t silver for 240 koz gold and 790 koz silver (Indicated & Inferred at 2 g/t gold cut-off) • Includes higher grade portion of 0.68 Mt at 7.7 g/t gold and 26 g/t silver
Slide 16: Way Linggo – Divestment process underway
Way Linggo – Divestment process underway For personal use only • Kingsrose’s strategic direction is creation of shareholder value by discovery and responsible development of mineral deposits with Tier-1 potential. • Current Way Linggo Mineral Resources do not meet Kingsrose economic thresholds for m
Slide 17: Board of Directors
Board of Directors Experienced team with ability to deliver value for shareholders and stakeholders For personal use only Mike Andrews Fabian Baker John Carlile Tim Coughlin Daryl Corp Andrew Cooke Non-Executive Chairman Managing Director Non-Executive Director Non-Executive Director Non-Executive D
Slide 18: Management
Management Experienced team with ability to deliver value for shareholders and stakeholders For personal use only Mark Smith Joanna Kiernan CFO Company Secretary 20+ years operational experience Ms Kiernan is a governance in mining industry globally professional with over 16 years’ experience in the
Slide 19: Appendices
For personal use only Appendices
Slide 20: Element-46 Transaction Terms
Element-46 Transaction Terms Kingsrose has agreed to acquire Element-46 Limited and its 100% mineral exploration rights pursuant For personal use only to a share sale and purchase agreement, for the following consideration: • upfront consideration: £293,750 (or A$536,893) cash and the issue of 16,41
Slide 21: Way Linggo Mineral Resources
Way Linggo Mineral Resources For personal use only Category Tonnes Gold Au Ounces Silver Ag Ounces (Kt) (Au) g/t (Koz) (Ag) g/t (Koz) Talang Santo1 Measured - - - - - Indicated 240 6.0 47 13 100 Inferred 1100 5.3 190 19 690 Subtotal 1400 5.4 240 18 790 Way Linggo2 Measured - - - - - Indicated 152 6.
Slide 22: Way Linggo Site Infrastructure
Way Linggo Site Infrastructure Gold Room For personal use only Way Linggo Processing Plant Way Linggo Way Linggo Camp Processing Plant
Slide 23: Way Linggo Site Reclamation
Way Linggo Site Reclamation Site-Wide Reclamation to Highest Standards Talang Santo Pit Reclamation For personal use only Way Linggo Waste Dumps Reclamation Plant Nursery
Slide 24: Way Linggo Divestment Requirement
Way Linggo Divestment Requirement For personal use only Loans to subsidiaries Kingsrose Mining Limited Debt Free • The Way Linggo Project in South • Each divestment tranche is to be offered (Kingsrose) Sumatra, Indonesia is held under for sale at a fair market price to either (Australia) a 4th gener
Slide 25: References
References Penikat benchmarking For personal use only 1. Sibanye-Stillwater 2021 investor day (https://thevault.exchange/?get_group_doc=245/1632367763-ssw-investor-days-session-2-PGM-market-outlook-23sep2021.pdf) 2. EU hydrogen policy 2021 (https://www.europarl.europa.eu/RegData/etudes/BRIE/2021/689
Slide 26: For personal use only
For personal use only info@kingsrosemining.com +61 8 9381 5588 45 Ventnor Avenue, West Perth, WA 6005 Australia ABN: 49 112 389 910 www.kingsrosemining.com
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