Kgl Resources Limited · ASX:KGL
Kgl Resources — Investor Presentation (September 2017)
26 slides from Kgl Resources's investor presentation, Sep 13, 2017
Slide 1: Capital Raising – Investor Presentation
For personal use only Capital Raising – Investor Presentation ASX Code: KGL 13 September 2017 1
Slide 2: Important Notices and Disclaimers
Important Notices and Disclaimers For personal use only No reliance: This capital raising presentation is a document that has been prepared by KGL Resources Limited (KGL) for the purpose of providing a company and technical overview to interested investors. None of KGL, nor any of its related bodi
Slide 3: Capital Raising Overview
Capital Raising Overview For personal use only • KGL to raise approximately $12.4m at 30 cents per share Capital Raising • $6.9m placement – completed (Placement) • $5.5m - 1 for 11 pro rata non-renounceable entitlement offer (Entitlement Offer) • RCF Opportunities Fund L.P. subscribed for $3.0m • E
Slide 4: Capital Raising – Source and Use of Funds
Capital Raising – Source and Use of Funds For personal use only Entitlement Offer Entitlement Offer Source of Funds Placement (Assumes 100% (Committed Portion) Participation) Cash on Hand (30 June 2017)1 $4.2m $4.2m $4.2m Financial Assets held to Maturity (Term Deposits)1 $0.5m $0.5m $0.5m Funds Rai
Slide 5: Impact on Capital Structure
Impact on Capital Structure For personal use only Entitlement Entitlement Offer Offer Shares on Issue (m) Placement (Assumes (Committed 100% Portion) Participation) Current shares on issue 184.9 184.9 184.9 Placement Shares 18.5 18.5 18.5 (excluding Director Placement) Director Placement Shares 4.3
Slide 6: Pro-forma Balance Sheet at June 2017 (unaudited)
Pro-forma Balance Sheet at 30 June 2017 (unaudited) For personal use only Entitlement Entitlement Placement Offer Pro-forma Balance Sheet 30 June Offer (Assumes • Based on the (unaudited) 2017 (Committed Shares 100% Statement of Financial Portion) Participation) Position for the Half Year ended Cash
Slide 7: Entitlement Offer Timetable
Entitlement Offer Timetable For personal use only Event Date Announcement Date – date on which the Offer is announced Wednesday, 13 September 2017 Record Date – record date for the Offer 5pm AEDST, Tuesday, 19 September 2017 Opening Date – first date on which acceptances of the Offer may be received
Slide 8: Building a Quality Australian Copper Company
Building a Quality Australian Copper Company For personal use only Jervois Copper Project – 100% Owned • Located 380km ENE of Alice Springs with access via Stuart and Plenty Highway • Jervois Project Area 111km2 – located on Pastoral Lease • Mining Lease Approved • Bonya Community 17km SW of project
Slide 9: Corporate Information
Corporate Information For personal use only Shares Price (8 Sept) 34 cents Denis Wood - Executive Chairman Appointed 28 July 2015 Shares on Issue 184.9m Christopher Bain - Non-Executive Director Directors Appointed 5 September 2013 Market Capitalisation ~$63m Ferdian Purnamasidi - Non-Executive Dire
Slide 10: Jervois – Establishing a Mining District
Jervois – Establishing a Mining District For personal use only Coxs Find - 3km ROCKFACE - 5km Bellbird - 5km Green Parrot - 1km Marshall - 500m Reward Outcropping Copper Mineralisation 10
Slide 11: Geological Setting and Gravity Inversion
Geological Setting and Gravity Inversion For personal use only NORTH REWARD MARSHALL GREEN PARROT BELLBIRD COXS FIND ROCKFACE KEY Location Rock Type SG Mineralised wireframe Rockface Massive Magnetite/Chalcopyrite 4.3 Gravity Isosurface 0.06 Bellbird Disseminated Chalcopyrite 3.1 Gravity Isosurface
Slide 12: Rockface Prospect
Rockface Prospect For personal use only Rockface cross-section 628305E • Latest assays confirm continuity of high-grade copper at Rockface1 • Multiple parallel lenses, dipping north at -80 degrees • Strike for Conductor 6,7 and 8 swinging to the north • Recent drilling confirmed good continuity of t
Slide 13: Rockface Priorities
Rockface Priorities For personal use only Rockface long-section 628220E • Resource definition drilling identified zones of high- grade mineralisation in preparation for a Resource upgrade • Resource extension drilling to the east and down dip, guided by DHEM surveying • Test potential of Conductor 8
Slide 14: Reward Prospect
Reward Prospect For personal use only Reward Cross-Section 7495275N • Recent drilling confirms significant discovery at Reward1 • Significant extension of mineralisation at Reward • Conductor R1 intersected 95m below the previous deepest intercept • Visible chalcopyrite plus pyrite mineralisation –
Slide 15: Reward Prospect - DHEM
Reward Prospect - DHEM Reward Longitudinal Section – Looking West For personal use only • DHEM surveying of KJD216 has confirmed that the hole intersected Conductor R1 ~25m inside the northern edge and ~90m above the bottom edge1 • Updated modelling, positions the bottom edge of Conductor R3 approxi
Slide 16: Greater Jervois Project
Greater Jervois Project Residual Bouguer Gravity highlighting deeper gravity anomalies For personal use only (Gravity high- White/Red, Gravity low – Blue/Green) • KGL considers the acquisition of exploration tenement EL28082, known as the Unca Creek Exploration Project, to have considerable strategi
Slide 17: Summary and Outlook
Summary and Outlook For personal use only • KGL to raise up to A$12.4m in new equity capital • Placement of $6.9m • Entitlement Offer up to $5.5m • Jervois Copper Project, one of Australia’s most promising new copper mineral discoveries • KGL is well funded for exploration and development activities
Slide 18: Key Risks
Key Risks For personal use only Risk Factors Activities in the Company and its controlled entities, as in any business, are subject to risks which may impact on the Company's future performance. There are a number of factors, both specific to the Company and of a general nature, which may affect t
Slide 19: Key Risks (continued)
Key Risks (continued) For personal use only Specific Risk Factors (continued) Regulatory risk: The Company's operations are subject to various Federal, State and local laws and plans, including those relating to mining, prospecting, development permit and licence requirements, industrial relations
Slide 20: Key Risks (continued)
Key Risks (continued) For personal use only Specific Risk Factors (continued) Availability of equipment and contractors: Given the current level of activity across the Australian mining industry, including drill rigs, are in short supply. There is also high demand for contractors providing other s
Slide 21: Foreign Jurisdiction Disclaimer
Foreign Jurisdiction Disclaimer For personal use only Singapore This document and any other materials relating to the New Shares have not been, and will not be, lodged or registered as a prospectus in Singapore with the Monetary Authority of Singapore. Accordingly, this document and any other docu
Slide 22: Appendix - Western Zone
Appendix 1 - Western Zone For personal use only ETW RL SG HoleID Interval C (m) (m) (t/m3) 13m @ 2.14% Cu, 12.5g/t Ag, 0.10g/t Au from 255m 3 10.0 140.6 4.33 KJCD171 2m @ 2.83% Cu, 10.8g/t Ag, 0.05g/t Au from 278 m 3 1.5 121.5 2.95 9m @ 2.91% Cu, 17.6g/t Ag, 0.2g/t Au from 284m 3 6.6 118.3 3.65 KJCD
Slide 23: Appendix - Eastern Zone
Appendix 1 - Eastern Zone For personal use only ETW RL SG HoleID Interval C (m) (m) (t/m3) KJCD198 5.95m @ 4.94% Cu, 25.9g/t Ag, 0.45g/t Au from 449.85m 6 4.0 -61.4 3.90 5.55m @ 4.11% Cu, 0.59% Zn, 37.4g/t Ag, 0.65g/t Au from 511.11m 6 3.9 -104.8 3.56 KJCD205 5.5m @ 3.54% Cu, 18.5g/t Ag, 0.25g/t Au
Slide 24: Appendix - Reward North
Appendix 1 - Reward North For personal use only ETW RL SG HoleID Interval C (m) (m) (t/m3) J15 11m @ 4.73% Cu, 1.84g/t Au from 512 R1 8.7 -35.5 - RJ236 3.7m @ 4.68% Cu, 54g/t Ag, 1.96g/t Au from 433 m - 3.0 15.6 3.29 7m @ 1.36% Cu, 25g/t Ag, 0.5g/t Au from 413 - 5.6 17.2 2.96 KJCD043 7m @1.28%Cu, 20
Slide 25: Appendix 2: Jervois – Mineral Resource
Appendix 2: Jervois – Mineral Resource Cut-off Copper Resources Category Mt Cu % Ag g/t Pb % Zn % Copper kt Silver Moz Lead kt Zinc kt For personal use only Cu% Indicated 1.4 1.45 35.6 - - 20.1 1.6 - - 0.5 Marshall Copper Inferred 0.3 0.90 20.2 - - 2.5 0.2 - - 0.5 Indicated 5.0 1.14 25.3 - - 57.1 4.
Slide 26: Appendix 2: Jervois – Mineral Resource
Appendix 2: Jervois – Mineral Resource For personal use only Competent Person Statement The data in this report that relates to Mineral Resource Estimates is based on information evaluated by Mr Simon Tear who is a Member of The Australasian Institute of Mining and Metallurgy (MAusIMM) and who has
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