Patronus Resources Limited · ASX:PTN

Patronus Resources — ASX Investor – Gold Investor Event (February 2020)

17 slides from Patronus Resources's conference presentation, Feb 11, 2020

  1. Slide 1: Investor Presentation – ASX Investor Gold Investor Event

    Investor Presentation ASX Investor – Gold Investor Event February 2020 ASX: KIN

  2. Slide 2: Disclaimer

    Disclaimer Disclaimer This presentation is not a prospectus nor an offer for securities in any jurisdiction nor a securities recommendation. The information in this presentation is an overview and does not contain all information necessary for investment decisions. In making investment decisions in

  3. Slide 3: Cardinia Gold Project

    Cardinia Gold Project Delivering a more robust, higher returning gold project A large gold development asset: Mineral Resource of 841koz Au defined at the Cardinia Gold Project in both supergene and deeper mineralisation Located in attractive gold mining region: Large 414km2 land package 30km east o

  4. Slide 4: Corporate overview

    Corporate overview ASX: KIN Shareholders Share price (10 Feb 2020) A$0.042 Retail Investors 2% Ordinary shares on issue 571.0M Directors 31% Options (exercise $0.27 - $1.25) 24.0M High Net Worths Institutional Market capitalisation (undiluted) $24.0M Cash (31 December 2019) $2.7M 65% 2% Debt Nil Liq

  5. Slide 5: Technical and geology team

    Technical and geology team Technical management Key consultants Andrew Munckton • Geologist with 35+ years experience, technical and Entech • Respected industry consultants Managing Director and operations, underground and open pit • Specialists in Open Pit Optimisation, CEO • Previous Managing Dire

  6. Slide 6: Minerie Greenstone Belt

    Minerie Greenstone Belt Mertondale 5 A large mineralised system delivering new gold discoveries Eclipse, Tonto Randwick  The Cardinia Gold Project (CGP) is centred around a Quicksilver controlling 414km2 landholding in an underexplored Mertondale 2, 3-4 greenstone belt which has yielded multiple de

  7. Slide 7: Recent exploration success

    Recent exploration success Three potentially significant new discoveries made in drill testing of six gold targets in December 2019  Key objective of identifying new deposits with potential to enhance the CGP mine plan as outlined in the 2019 PFS  Comedy King aircore results included:  12m at 14.

  8. Slide 8: Cardinia area depth potential

    Cardinia area depth potential Major mineralised corridor ineffectively tested . At Cardinia 400Koz Mineral Resource within 75m of surface All drilling Drilling deeper than 50m vertical depth Drilling deeper than 100m vertical depth 8

  9. Slide 9: Exploration momentum to continue

    Exploration momentum to continue Extensional drilling of new discovery areas to resume in the current March quarter 2020 Hobby  Cardinia is a large mineralised system with substantial high-grade zones within broader zones of alteration containing lower grade material  The NE trending Lewis Fault a

  10. Slide 10: Pre-Feasibility Study outcomes

    Pre-Feasibility Study outcomes A viable development project with significant leverage to the Australian dollar gold price  An 8+ year mine life producing an average 51koz gold per annum for the first five years  New discoveries have potential to improve forecast gold output and returns by displaci

  11. Slide 11: Processing centre

    Processing centre Development foundations established  Ownership of existing processing infrastructure enables ability to expedite future project development  Lawlers process plant deconstruction commenced 3 February 2020  Ball mill, workshop, office and tanks (in Lawlers process plant – ball mil

  12. Slide 12: Investment proposition

    Investment proposition Delivering a more robust, higher returning gold project $ Advanced 841Koz The first drilling of New discoveries Extensional drilling of Attractive valuation of gold project in an new target areas at have potential to the new discovery existing development attractive gold minin

  13. Slide 13: Contact details

    Contact details Kin Mining NL Level 1, 342 Scarborough Beach Rd Osborne Park WA 6017 T: 61 8 9242 2227 E: info@kinmining.com.au ASX: KIN 13

  14. Slide 14: Appendices

    Appendices 14

  15. Slide 15: APPENDIX A Resource and Reserve estimates

    APPENDIX A Resource and Reserve estimates CGP Resource & Reserve underpins future mine plan1 Increase in total Mineral Resource tonnage, grade  Total Mineral Resource estimate of 18.2Mt @ 1.4g/t for and contained ounces from 841koz (June 2019) March 2019 estimate  Predominantly defined in Cardinia

  16. Slide 16: APPENDIX B – Kin Mining NL Mineral Resources

    APPENDIX B – Kin Mining NL Mineral Resources Notes Cardinia Gold Project: Mineral Resources: June 2019 Resource Lower Measured Resources Indicated Resources Inferred Resources Total Resources Project Area Gold Price Cut off Tonnes Au Au Tonnes Au Au Tonnes Au Au Tonnes Au Au  See ASX Announcement 9

  17. Slide 17: APPENDIX C – Cardinia Gold Project – Ore Reserve Estimate

    APPENDIX C – Cardinia Gold Project – Ore Reserve Estimate1, 2, 3 Open Pit Mine Classification Tonnes (t) Grade (g/t) Metal (oz. Au) Kyte Probable 280,000 1.6 14,000 Proved 430,000 0.9 13,000 Bruno Lewis Probable 4,790,000 0.8 127,000 Helens Probable 480,000 1.8 28,000 Rangoon/Fiona Probable 490,000

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