Slide 1: High-grade Australian Gold Production with Strong Development Pipeline
High-grade Australian Gold Production with Strong Development Pipeline Perth NWR Investor Presentation ASX: KAU
Slide 2: Disclaimer
Disclaimer FOR CONSIDERATION This presentation has been prepared by Kaiser Reef Limited “Kaiser” (ASX: KAU). This document contains background information about Kaiser current at the date of this presentation. The presentation is in summary form and does not purport to be all inclusive or complete.
Slide 3: Investment Highlights Set to Grow Production and Cashflow
Investment Highlights Set to Grow Production and Cashflow 3 * ASX 21 July 2022
Slide 4: Investment Highlights
Investment Highlights Victorian project locations 4 4
Slide 5: Corporate Overview (proforma following Ragnar Placement)
Corporate Overview (proforma following Ragnar Placement) ASX: KAU Share price Share price $0.17* 0.20 Ordinary shares on issue 204M 0.15 Performance shares 2M * 0.10 Options on issue (Exc. 22c to 60c) 43M 1M Market Capitalisation $35M 1 Volume Debt Nil 500k Hedging Nil June 2023 May 2024 1. At closi
Slide 6: Corporate Overview
Corporate Overview Substantial Shareholders Summary (Proforma following Ragnar investment) Ragnar Metals Limited 16.4% US Family Office 8.4% Investius 7.5% PB Micro Cap Fund Tim Neesham Group 6.0% DC and PC Holdings 2.6% Board and management 4.7% Top 20 shareholders 54.4% 6
Slide 7: The A1 Gold Mine
The A1 Gold Mine Historical Production of Discovered in 1861 ~500,000 ounces of gold at an average recovered grade of 25 g/t gold** Excellent ground 160 years of almost conditions in the diorite continuous operation with drilling returning high grades at depth One of Australia’s longest operating Ka
Slide 8: The A1 Gold Mine 700m
A1 Mine Long Section Looking West The A1 Gold Mine Restricted production due to interactions with historic mining and the nature of extracting remnant ore 700m Produced 30,537t @ 11.6g/t for 11,350 ounces gold last financial year*** Kaiser has been advancing a modern decline (5m x 5m) to only 25m ab
Slide 9: The A1 Gold Mine
The A1 Gold Mine A repeating system • Drilling below historical 23 Level has demonstrated geological continuity and encountered high grade gold mineralisation • Gold reef systems are interpreted to repeat and continue with numerous untouched lodes identified • Abundant visible gold Recent drill resu
Slide 10: The A1 Gold Mine
The A1 Gold Mine Fully operational, but constrained • Fully permitted and operational owner operated site • Full fleet of mining equipment, including jumbos (twin and single boom), loaders (1700, 1300, 151), trucks and IT’s. Modernising the fleet with increasing remote capability. • Excess milling c
Slide 11: The A1 Gold Mine
The A1 Gold Mine The final push • De-bottle neck the ventilation. Dedicated development in the upper levels of the mine to put in place a “push – pull” fan system, increasing total volume and reducing recirculation • Advance the decline at modern rates, advancing capital in front of production • Est
Slide 12: Accelerating to the future
The A1 Gold Mine Accelerating to the future Accelerated development underway to access A1 Nova 1. Upper-level ventilation development 2. Accelerate decline and associated capital development 3. Commit to infrastructure purchases (fans & wall plates) Capital Allocation $4M @ ≈$5,000/m (actual cost) a
Slide 13: The A1 Gold Mine
The A1 Gold Mine The Target • Historical production averages over 800oz Au per • Potential for annual cashflow to be equivalent to current vertical metre within a small footprint market capitalisation • Production rates to >34m vertical per annum (2 levels), • Pathway to restart the Maldon operation
Slide 14: Maldon Processing Plant
Maldon Processing Plant No Constraints • ≈250,000tpa CIP gold processing plant located at Maldon • Expandable with newly purchased Cone Crusher • Operating at between 20% and 30% of its capacity • Routinely delivering 97% recovery • 200,000 tonnes of tailings capacity increase underway and a further
Slide 15: Maldon Goldfield – Future Pipeline
Maldon Goldfield – Future Pipeline Open ended exploration targets North Maldon – 2.1 Million ounces of production at 28 g/t gold* South Nuggetty Reef Eaglehawk Reef 301,000oz @ 187g/t Au 491,000oz Beehive Reef 273,300oz 231,000oz Alliance South 145,253oz 300m Historical high-grade ore shoot/reef Gen
Slide 16: Union Hill long section
Union Hill long section Inset – Established infrastructure and permitting***** ***** ASX 7 July 2020 16 16
Slide 17: Corporate Overview Board of Directors
Corporate Overview Board of Directors Jonathan Downes Steve Formica Managing Director Chairman Geologist with 30 years’ experience in the mining industry 35 years’ of management and business development working in various geological & corporate capacities from experience as a very successful busines
Slide 18: Thank you
Thank you For further information: Jonathan Downes Managing Director admin@kaiserreef.com.au Make sure to follow Kaiser Reef on our socials: 18