Kingsgate Consolidated Limited · ASX:KCN
Kingsgate Consolidated — Q2 2014 Earnings Presentation
19 slides from Kingsgate Consolidated's earnings presentation, Jul 25, 2014
Slide 1: Kingsgate Consolidated Limited Quarterly Report June 2014
Kingsgate Consolidated Limited For personal use only June 2014 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: March Quarter - Highlights
March Quarter - Highlights • Strong Group operating performance with quarterly gold For personal use only production 55,450oz at total cash cost of US$857/oz • Record annual gold production of 209,500oz, at the top-end of the guidance range of 190,000oz to 210,000oz • Chatree produced 36,475oz of go
Slide 4: All-in Sustaining Cost
For personal use only All-in Sustaining Cost Chatree Challenger Group Gold Sales oz 40,686 19,375 60,062 Adjusted Total Cash Costs US$/oz 672 1,266 864 (incl royalties and bi-product) Sustaining Capex US$/oz 124 7 86 Exploration Expense US$/oz - - - Corporate and Admin Costs^ US$/oz - - 76 All-in Su
Slide 5: Chatree: Strong June Quarter
Chatree Strong June Quarter For personal use only June Quarter 2014 Chatree Quarterly Gold Production Gold production 36,475oz Ounces US$/Oz 1,599kt @ 0.90g/t & 79.5% 50,000 (1,556kt @ 0.81g/t & 77.7%) Grade reflects access to high grade 40,000 750 areas in A Pit Stage 2. 30,000 Recovery in-
Slide 6: Challenger
For personal use only Challenger Challenger Quarterly Gold Production and "All-In" Costs June Quarter 2014 Ounces US$/Oz Gold production 18,975oz 25,000 2,500 126Kt @ 4.80g/t & 96.8% (110Kt @ 5.05g/t & 96.1%) 20,000 2,000 Localised dilution delivering lower grade 15,000 1,500 Total operating
Slide 7: Challenger Exploration
Challenger Exploration Challenger Matrix Lode For personal use only Drillhole locations with preliminary logging results • Awaiting full assay results
Slide 8: Nueva Esperanza Development schedule
Nueva Esperanza Development schedule For personal use only Project DFS completed with positive results Addendum (DIA) to approved EIA lodged Schedule DIA approval expected within 6 months Optimisation studies for mining, metallurgy Current Work and infrastructure Program Exploration drilli
Slide 9: Nueva Esperanza Upside
Nueva Esperanza Upside Highly prospective regional exploration For personal use only Extensive hydrothermal alteration footprint Three established resources TETERITA Multiple highly CHIMBEROS prospective targets CERRO HUANTAJAYA POTOSI AMARILLO RIFLE ROSA Exploration drilling to BOULDER ARQUEROS GRA
Slide 10: Bowdens: Project timing to reflect market conditions
Bowdens Project timing to reflect market conditions For personal use only Major elements of the DFS largely completed. Feasibility Study Power and water options identified but not yet finalised Environmental monitoring and on- Environmental going field data recording Impact Statement EIS wor
Slide 11: Regional Exploration
Regional Exploration Encouraging results at Sayabouly in Lao PDR For personal use only High grade quartz veins extended in follow-up trenching. New channel sample results include: • 5m @ 6.7g/t gold • 4m @ 7.5g/t gold Zones of quartz-sulphide coincide with IP anomalies Further trenching later in the
Slide 12: Balance Sheet
Balance Sheet Cash and bullion/dore of A$74.2M at 30 June 2014 For personal use only (Cash of A$64.1M and bullion/dore of A$10.1M) The cash includes A$30.9M (gross) that was received in mid-April from the retail component of the capital raising. Continued focus on optimising facilities over ti
Slide 13: Outlook
Outlook • Group gold production for the fiscal year FY2015 is For personal use only expected to be 195,000 to 215,000 ounces gold. • Chatree production expected to be 130,000 to 140,000 ounces. • Challenger production expected to be 65,000 to 75,000 ounces. • Nueva Esperanza optimisation work to con
Slide 14: Kingsgate Consolidated Limited
For personal use only Kingsgate Consolidated Limited Shares: 224 Million Market Cap: ~A$200 Million ASX: KCN www.kingsgate.com.au
Slide 15: 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 16: Chatree Reserves and Resources
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 17: Challenger Reserves and Resources
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 18: Nueva Esperanza Reserves and Resources
Nueva Esperanza Nueva Esperanza Ore Reserves (0.5g/t AuEq60 cut-off grade) For personal use only 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) Proved - - - - - - - - Probable
Slide 19: Bowdens Mineral Resources
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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