Kgl Resources Limited · ASX:KGL

Kgl Resources — Kentor Gold — Schroeder Equities Conference (February 2010)

24 slides from Kgl Resources's conference presentation, Mar 1, 2010

  1. Slide 1: Kentor Gold - Andash

    Kentor Gold - Andash For personal use only Schroeder Equities Conference Presentation 26th February 2010 Simon Milroy Page 1 Managing Director of Kentor Gold KGL Andash Presentation

  2. Slide 2: Andash Introduction

    Andash Introduction For personal use only  Advanced project  JORC Resources and Reserves  Feasibility study complete  Environmental and social assessment  Mining licence issued  Mining equipment purchased KGL Andash Presentation Page 2

  3. Slide 3: Central Asia

    Central Asia For personal use only KGL Andash Presentation Page 3

  4. Slide 4: Tianshan Gold Belt

    Tianshan Gold Belt Andash located in the Talas valley which hosts a belt of porphyry For personal use only copper gold deposits Talas Valley KGL Andash Presentation Page 4

  5. Slide 5: View from Andash Orebody looking south

    View from Andash Orebody looking south For personal use only • Easy topography • Good road access • Nearby power • Nearby water • Nearby rail KGL Andash Presentation Page 5

  6. Slide 6: Movie from Plant Site

    For personal use only o 360 Movie from Plant Site KGL Andash Presentation Page 6

  7. Slide 7: Aurum Feasibility Study

    Aurum Feasibility Study For personal use only  Feasibility study Jan 2007  2 mtpa  Crush, grind and float  High grade concentrate 22.3% Copper, 82 g/t Gold  No deleterious elements KGL Andash Presentation Page 7

  8. Slide 8: Aurum Feasibility Study

    Aurum Feasibility Study  Capital cost US$55.4m* For personal use only  Life of mine average cost per tonne US9.60/t ore processed* Low costs due to :- Project Operating Costs US$/t  Low strip ratio 0.8/1 Mining (ore) 1.09 Mining (Waste) 1.11  Cheap power Mineral Processing 5.14  Cheap labour G&

  9. Slide 9: Project Economics (KGL 80%)

    Project Economics (KGL 80%) For personal use only Based on the 2007 feasibility study the project has the following parameters:-  Annual production of 60,000oz Au and 5,000t Cu in concentrate  Cash operating cost US$0/oz Au after Cu credits  Payback 1 year  Production target September 2011 Notes

  10. Slide 10: Kentor Gold Feasibility Study

    Kentor Gold Feasibility Study For personal use only  GRD Minproc appointed to update and optimise the feasibility study  Higher throughput  Higher grades in early years  Potential to increase recovery  Potential to increase concentrate grade  Revised capital and operating costs  Complete in M

  11. Slide 11: Andash Metallurgical Test work - Copper

    Andash Metallurgical Test work - Copper For personal use only KGL Andash Presentation Page 11

  12. Slide 12: Andash Metallurgical Test work - Gold

    Andash Metallurgical Test work - Gold For personal use only KGL Andash Presentation Page 12

  13. Slide 13: Currently expecting

    Currently expecting For personal use only IIn comparison with the previous study we are expecting:-  Increased capital costs  Increased operating costs  Improved recoveries  Higher concentrate grades  Increased metal production  Higher metal prices  Full results will be available in March 201

  14. Slide 14: Process Plant Design

    Process Plant Design  Movie Fly through of Plant For personal use only KGL Andash Presentation Page 14

  15. Slide 15: JORC Resources

    JORC Resources For personal use only KGL Andash Presentation Page 15

  16. Slide 16: Andash Licence Area

    Andash Licence Area For personal use only 9.9m @ 7.9g/t Au 8m @ 6 g/t Au 57m @ at 1.5g/t Au, 1.4% Cu KGL Andash Presentation Page 16

  17. Slide 17: Open Pit and Ore Body

    Open Pit and Ore Body For personal use only Wide ore body, bulk mining Outcrops Low strip ratio 0.8:1 Gold Grade (g/t) KGL Andash Presentation Page 17

  18. Slide 18: Open Pit Long Section

    Open Pit Long Section For personal use only • Low Strip Ratio • Base of pit follows footwall • Opportunity for high grade starter pit KGL Andash Presentation Page 18

  19. Slide 19: For personal use only

    For personal use only KGL Andash Presentation Page 19

  20. Slide 20: Development Timetable

    Development Timetable For personal use only Quarter Sep-09 Dec-09 Mar-10 Jun-10 Sep-10 Dec-10 Mar-11 Jun-11 Sep-11 Due Diligence Acquisition Funding Update & Optimise BFS Project Finance Construction Commissioning KGL Andash Presentation Page 20

  21. Slide 21: Mining & Construction Fleets

    Mining & Construction Fleets For personal use only KGL Andash Presentation Page 21

  22. Slide 22: Strategy

    Strategy For personal use only  Bring Andash Zone 1 into production.  Aggressive drilling programme on exploration prospects  Obtain JORC resource classification on Zones 2 and 3  First mover advantage in the Talas region KGL Andash Presentation Page 22

  23. Slide 23: Experienced Team

    Experienced Team For personal use only  John Barr AM, MAICD Chairman, Non-Executive (Former director Oxiana, Transurban, Acacia and Iluka)   Simon Milroy B.Eng (Mining) Managing Director (Formerly GM Project Development for Pan Aust, former Mining Manager Kingsgate)   Hugh McKinnon B.Eng. (Mini

  24. Slide 24: For more information contact

    For personal use only For more information contact Simon Milroy on +61 7 31213206 or visit www.kentorgold.com ASX Code: KGL | Level 36, Riparian Plaza, 71 Eagle St, Brisbane, QLD, AUSTRALIA 4000 | Fax: (07) 3121 3030 Forward-Looking Statements: Competent Persons Statement: This presentation includes

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