Kgl Resources Limited · ASX:KGL
Kgl Resources — Mines and Money Hong Kong 2015
23 slides from Kgl Resources's conference presentation, Mar 24, 2015
Slide 1: Mines and Money Hong Kong
For personal use only Mines and Money Hong Kong March 2015 24 March, 1 2015
Slide 2: Corporate Overview
Corporate Overview For personal use only Price KGL 20 Mar 2014 - 30 Mar 2015 $0.43 ASX code KGL $0.38 Issued shares 141.5 million $0.33 Options 2.8 million Average monthly volume 8.4 million $0.28 Market capitalisation (20 Mar 15) $21 million $0.23 Cash (31 Dec 2014) $9.8 million $0.18 Debt Nil $0.1
Slide 3: Jervois Project Setting
Jervois Project Setting For personal use only On the Plenty Highway Concentrate to be trucked from site to Alice Springs then transported by rail to Darwin port In the 1960’s, ore was trucked from Jervois to Mt Isa 3
Slide 4: Jervois Project
For personal use only Jervois Project 12km strike length 4
Slide 5: Reward Prospect looking south
For personal use only Reward Prospect looking south Outcropping Copper Mineralisation 5 5
Slide 6: Jervois Project Setting
For personal use only Jervois Project Setting Existing Mining Lease due to historical mining activities on site 6
Slide 7: Geological Setting
For personal use only Geological Setting • Hosted by Bonya Schist in Eastern Arunta • Northerly Plunging Syncline • SEDEX style deposit 7
Slide 8: For personal use only
Mineralisation intersected 870m Deep Drill Hole For personal use only below surface 72m @ 3.27% Cu, 51.22 g/t Ag and 1.16 g/t Au Copper mineralisation Lead and Zinc mineralisation 8
Slide 9: Mineral Resources Update
Mineral Resources Update For personal use only 25.3 Mt @ 1.1% Cu for 280,000 t Cu 25.3 Mt @ 22 g/t Ag for 18 Moz Ag 450,000 25 400,000 20 350,000 +64% +61% 300,000 Million Ounces 15 Copper Metal (tonnes) 250,000 200,000 10 150,000 100,000 5 50,000 0 0 May 2011 July 2011 Jan 2012 Nov 2012 Sep 2014 Ma
Slide 10: High Grade Resources
High Grade Resources For personal use only 1.6 Mutooroo Australian Copper Mines and Projects 1.4 (open pit only) 1.2 Jervois 1.0 Maroochydore Copper Grade (%Cu) White Range 0.8 Mt Elliott E1-Monakoff Kanmantoo Lady Annie Einasleigh 0.6 Hillside Kalkaroo Roseby Kalman Browns 0.4 Rocklands Nanadie Wel
Slide 11: High Grade Resources
High Grade Resources For personal use only 3.0 Size and grade of undeveloped copper projects 2.5 First Quartile Second Quartile Third Quartile Fourth Quartile 2.0 Copper Grade (%Cu) Jervois 1.5 1.0 0.5 Weighted Average: 0.49% Cu 0.0 0 200 400 600 800 1,000 Copper Contained in Resources (Mt) Source:
Slide 12: Jervois Pre-Feasibility Study
For personal use only Jervois Pre-Feasibility Study 2 mtpa Flotation Plant 7 Year Mine Life 21,000 tpa Copper Production 1 M ozpa Silver Production Initial Capex $189m C1 cost US$1.51/lb* * (After by-product credits and using an exchange rate of A$/USD 0.845 and silver price of USD 20/oz
Slide 13: Jervois Flotation Plant
Jervois 2 mtpa Flotation Plant For personal use only 13
Slide 14: Additional Work Programme
Additional Work Programme For personal use only The Jervois project’s value can be significantly increased by further drilling and metallurgical work: 1. Geotechnical – Steeper Pit Walls 2. Metallurgy – Targeting increased recovery of Copper and Silver 3. Resource Drilling – Targeting known high gra
Slide 15: 1. Geotechnical Drilling
1. Geotechnical Drilling For personal use only • 1,200 meters of diamond core in to the planned pit walls • Aim is to design steeper walls to reduce waste mining • New zone of copper in Eastern wall at Marshall 15
Slide 16: 2. Metallurgical Test work
2. Metallurgical Test work For personal use only Metallurgy test work designed to achieve the following:- Increase the gold and silver recoveries Increase the recovery of copper in the transitional zone Test the production of a mixed lead and zinc concentrate 16
Slide 17: 3. Resource Drilling
3. Resource Drilling For personal use only High Value Exploration Targets 17
Slide 18: 3. Resource Drilling
3. Resource Drilling For personal use only High Value Exploration Targets 18
Slide 19: 4. Operating Costs
4. Operating Costs For personal use only Going to tender for open pit and underground mining costs Cheaper fuel price will result in substantial cost reduction of transport, mining and power 19
Slide 20: Schedule
Schedule For personal use only 1,200m Diamond Core Geotechnical Drilling Completed in March 2015 9,000m Resource Drilling Programme Commenced February 2015 Metallurgical Test work – Nearing Completion Resource update scheduled for June 15 Updated PFS September 15 20
Slide 21: For more information contact
For more information contact For personal use only Simon Milroy on +61 7 3071 9003 or smilroy@kglresources.com or visit www.kglresources.com ASX code: KGL Level 7, 167 Eagle Street Brisbane, QLD 4000 AUSTRALIA Forward-Looking Statements: This presentation includes certain “Forward-Looking Statements
Slide 22: Mineral Resources
For personal use only 22 Mineral Resources
Slide 23: Compliance Statement
Compliance Statement For personal use only The Jervois Resources information was first released to the market on 15 September 2014 and complies with JORC 2012. The company confirms that it is not aware of any new information or data that materially affects the information included in the original