Kingsgate Consolidated Limited · ASX:KCN
Kingsgate Consolidated — Q4 2013 Earnings Presentation
15 slides from Kingsgate Consolidated's earnings presentation, Jan 22, 2014
Slide 1: Kingsgate Consolidated Limited December 2013 Quarterly Report
Kingsgate Consolidated Limited For personal use only December 2013 Quarterly Report
Slide 2: Disclaimer
For personal use only Disclaimer Forward Looking Statements: These materials include forward looking statements. Forward looking statements inherently involve subjective judgment & analysis & are subject to significant uncertainties, risks & contingencies, many of which are outside of the control of
Slide 3: December Quarter - Highlights
December Quarter - Highlights • Strong Group operating performance with a 7% increase in For personal use only quarterly gold production to 54,539oz, and a 12% reduction in total cash costs to US$918/oz. • All-in Sustaining Cash Costs 14% lower at US$1,055/oz (US$1,223) • Challenger benefitting from
Slide 4: All-in Sustaining Cost
For personal use only All-in Sustaining Cost Chatree Challenger Group Gold Sales oz 33,163 19,650 52,813 Adjusted Total Cash Costs US$/oz 731 1,195* 906 (incl royalties and bi-product) Sustaining Capex US$/oz 132 15 89 Exploration Expense US$/oz - - - Corporate and Admin Costs^ US$/oz - - 56 All-in
Slide 5: Chatree
For personal use only Chatree Chatree Quarterly Gold Production Gold production 32,221oz and Costs 1,487Kt @ 0.93g/t & 80.3% Ounces US$/Oz (1,592Kt @ 0.79g/t & 80.1%) 50,000 1,000 45,000 900 Total cash costs US$743 40,000 800 (incl.US$99/oz royalty) 35,000 700 Grade reflects access to higher
Slide 6: Challenger
Challenger Production and costs continue to improve For personal use only Challenger Quarterly Gold Production Gold production 20,318oz Highest production since March Oz 25,000 2,500 Qtr 2012 141Kt @ 4.64g/t & 95.9% 20,000 2,000 (129Kt @ 4.67g/t & 95.5%) Transition to higher grade 15,000 1,5
Slide 7: Nueva Esperanza
Nueva Esperanza Definitive feasibility study nearing completion For personal use only Heap leach processing and on-site power confirmed. Confidence in technical and financial Feasibility Study robustness. DFS on track for completion in March Qtr 2014. Modification to approved EIA for Environ
Slide 8: Bowdens
Bowdens Project timing to reflect market conditions For personal use only Major elements of the DFS largely completed. Feasibility Study Sterilisation drilling over the proposed plant site successfully completed in December. Environmental Monitoring Plan in preparation. Environmental Continu
Slide 9: Outlook
Outlook • Group gold production for the fiscal year FY2014 is For personal use only expected to be 190,000 to 210,000 ounces gold. • Chatree production expected to be 120,000 to 130,000 ounces. • Challenger production expected to be 70,000 to 80,000 ounces. • Nueva Esperanza DFS on track for complet
Slide 10: Kingsgate Consolidated Limited
For personal use only Kingsgate Consolidated Limited Shares: 164 Million Market Cap: ~A$195 Million ASX: KCN www.kingsgate.com.au
Slide 11: Appendix - General Disclaimer
Appendix General Disclaimer: The information contained in this presentation is for informational purposes only and does not constitute an offer to issue, or arrange to issue securities or other financial products. The information contained in this presentation is not investment or financial product
Slide 12: Chatree
Chatree Chatree Ore Reserves as at 30 April 2013 (>0.35g/t gold cut-off grade) For personal use only Tonnes Gold Silver Gold Silver AuEq Source Category Grade Grade Contained Contained (million) (g/t) (g/t) (Moz) (Moz) (Moz) From Pits Proven 45.4 0.87 7.8 1.27 11.39 Probable 14.8 0.78 6.0 0.37 2.86
Slide 13: Challenger
Challenger Challenger Ore Reserves as at 30 June 2013 For personal use only Tonnes Gold Gold Source Category Grade Contained (million) (g/t) (‘000 oz) From Mine Proven 0.25 5.52 40 Probable 0.22 8.30 60 Challenger Total Total 0.47 6.82 100 Challenger Mineral Resources as at 30 June 2013 Tonnes Gold
Slide 14: Nueva Esperanza
For personal use only Nueva Esperanza Nueva Esperanza Mineral Resources as at 30 June 2013 (0.5g/t AuEq60 cut-off grade) Gold Silver Gold Equiv Gold Silver AgEq AuEq Tonnes Category Grade Grade Grade Contained Contained Contained Contained (millions) (g/t) (g/t) (g/t) (Koz) (Moz) (Moz) (Moz) Measure
Slide 15: Bowdens
Bowdens Bowdens Mineral Resources as at 30 June 2013 (30g/t AgEq cut-off grade) For personal use only Grade Contained Metal Category Tonnes Silver Lead Zinc AgEq Silver AgEq AuEq (million) g/t % % g/t (Moz) (Moz) (Moz) Measured 23.6 56.6 0.31 0.41 74.5 43.0 57 1.25 Indicated 28.4 48.0 0.27 0.36 63.6
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