Kingsrose Mining Ltd · ASX:KRM
Kingsrose Mining — Shareholder Meeting (November 2010)
49 slides from Kingsrose Mining's shareholder meeting presentation, Nov 9, 2010
Slide 1: Kingsrose Mining AGM 2010 – Achievements Over The Year
For personal use only Kingsrose Mining Limited (ABN 49 112 389 910) AGM – 2010 Achievements Over The Year “ We are miners!! ”
Slide 2: The Year Past – Key Events/Outcomes
The Year Past For personal use only K E Key Events/Outcomes t /O t Development of Way Linggo Divestment of Comet Vale Interest SARINC project agreement Growth in share price & market cap.
Slide 3: Growth in Share Price/Market Cap
Growth in Share Price/Market Cap For personal use only Market Cap 30 June 2009 = $100m Market Cap 30 June 2010 = $200m Market Cap (today) = $250m+ Share price doubles over year
Slide 4: SARINC Project Agreement
SARINC Project Agreement For personal use only SAR ((Sardinia)) and INC (Zinc) ( ) also abbreviation for Sardegna-Ambiente-Recupero Inc. (Sardinia-Environmental-Recovery (Sardinia Environmental Recovery Inc Inc.)) An agreement with the Government of Sardinia to extract metals from historic tailings
Slide 5: Divestment of Comet Vale
Divestment of Comet Vale For personal use only C Comet tVVale l – A Mi Mine Production P d ti JV - KRM responsible for mining and RDR responsible for Processing. - KRM entitled to 60% recovered reco ered gold belo below 3 le level el and 50% abo above. e - KRM could earn 50% in tenements if it produ
Slide 6: Development of Way Linggo
Development of Way Linggo For personal use only Feb 09 – Acqisition of 85% interest in Way Linggo May 09 – $20m capital raising Development and Construction gains pace Nov 09 – Positive Reconcilaitions and Project Potential Realised Decision to increase plant capacity to 140ktpa. Jan 10 – Additional
Slide 7: The year ahead – Key Objectives
The year ahead – Key Objectives For personal use only • Establish steady-state operation - debottleneck & fix plant defects by year end - build plant throughput to full capacity • Commence underground stoping production cycle • Complete Develop 3 level to establish production ore for year 2 & 3 • Ex
Slide 8: Sumatra, Indonesia
Way Linggo Project - Sumatra, Sumatra Indonesia For personal use only
Slide 9: 4th Generation CoW Key Prospect Locations
Way Linggo Project For personal use only 4th Generation CoW Key Prospect Locations • Way Linggo • Semung Kecil • Others
Slide 10: Mining
Way Linggo Project - Mining For personal use only ROM Pad 1020 Level Main Haulage Portal Mine Service Area
Slide 11: Mining
Way Linggo Project - Mining For personal use only Experienced Indonesian miners Bogging high grade ore on staff. 3 shifts per day
Slide 12: Site progress – 12 months ago
Way Linggo LS -Sep Sep 09 (12 Months ago) For personal use only
Slide 13: Site progress – Sep 2010
Way Linggo LS -Sep Sep ‘10 10 For personal use only
Slide 14: North Vein Ore Bodies
Way Linggo Project - North Vein Ore Bodies For personal use only A Ore Body B Ore Body Quartz - Adularia – Clay Assemblage Quartz – Chlorite – Clay Assemblage p g (uncut) 1020 Level Face sampling ( ) p g (uncut) 1020 Level Face sampling ( ) 112 m @ 20.4 g Au/t, 304 g Ag/t 90 m @ 33.5 g Au/t, 414 g A
Slide 15: Where to put the plant?
Where to put the plant? For personal use only
Slide 16: Process Plant Design
Way Linggo Project - Process Plant Design For personal use only
Slide 17: Process Plant Flow Sheet
Way Linggo - Process Plant Flow Sheet For personal use only
Slide 18: Process Plant
Way Linggo Project - Process Plant For personal use only
Slide 19: Process Plant
Way Linggo Project - Process Plant For personal use only
Slide 20: Plant – nearly complete
Way Linggo Plant – nearly complete For personal use only
Slide 21: Tailings Dam
Way Linggo Project - Tailings Dam For personal use only
Slide 22: Projected Performance
Way Linggo Project - Projected Performance For personal use only Ore Stockpile by Oct 2010 20,000+ tonnes @ ~20g/t Au Mill Throughput 140,000 tonnes p.a. Budgeted g g grade for first 18 months 12 g g/t Au,, 180g/t g Agg Plant Commissioning Starts April – May 2010 Mill recovery rate 90% Mill availabi
Slide 23: The right geological setting
Way Linggo – The right geological setting For personal use only Highly Hi hl prospective ti geological l i l setting Structural setting related to Trans Sumatra Fault Zone (TSFZ) Major dextral strike slip regime –Dilational jogs –Pull apart basins Significant mines and projects related to TSFZ ‐ Mar
Slide 24: Regional Geophysical Data
Way Linggo Project For personal use only REGIONAL GEOPHYSICAL DATA Magnetics, Radiometrics, Landsat, Ground Radar & Digital Terrain surveys and modeling define crustal and alteration features.
Slide 25: Regional Geophysical Data
Way Linggo Project For personal use only REGIONAL GEOPHYSICAL DATA Magnetics, Radiometrics, Landsat, Ground Radar & Digital Terrain surveys and modeling define crustal and alteration features.
Slide 26: Regional Geophysical Data
Way Linggo Project For personal use only REGIONAL GEOPHYSICAL DATA Magnetics, Radiometrics, Landsat, Ground Radar & Digital Terrain surveys and modeling define crustal and alteration features. Detailed Interpretation and structural modeling by experts (in this case Dr Steve Garwin) unravel a complex
Slide 27: Exploration Targets
Way Linggo Project – Exploration Targets For personal use only Zone of subdued magnetic relief indicates extent of major After Dr S. Garwin 2010 hydrothermal cell extending to north of known prospects
Slide 28: For personal use only
For personal use only Way Linggo Project
Slide 29: For personal use only
For personal use only Way Linggo Project
Slide 30: Exploration
Way Linggo Project – Exploration For personal use only
Slide 31: For personal use only
For personal use only Way Linggo Project
Slide 32: Exploration
Way Linggo Project – Exploration For personal use only
Slide 33: For personal use only
For personal use only Way Linggo Project
Slide 34: Exploration
Way Linggo Project – Exploration For personal use only
Slide 35: For personal use only
For personal use only Way Linggo Project
Slide 36: Exploration
Way Linggo Project – Exploration For personal use only
Slide 37: For personal use only
For personal use only Way Linggo Project
Slide 38: Exploration
Way Linggo Project – Exploration For personal use only
Slide 39: The infancy of Way Linggo – In perspective
The infancy of Way Linggo – In perspective For personal use only Original Pajingo - 370,000 370 000 oz Au @ 8 – 9 g Au/t Vera Nancy - 2,900,000 oz Au @ 13.5 g Au/t Current extent of drilled resource at Way Linggo overlaid
Slide 40: Key Assets
Key Assets For personal use only Way Linggo Gold Project 85% Sumatra,, Indonesia SARINC Base Metal Tailings Project 85% S di i Italy Sardinia, It l
Slide 41: SARINC Project
SARINC Project For personal use only SAR (Sardinia) and INC (Zinc) also a so abb abbreviation e a o foro Sardegna-Ambiente-Recupero Inc. (Sardinia-Environmental-Recovery Inc.) A tailing retreatment project aimed at the recovery off metals t l and d the th detoxification d t ifi ti of the region of h
Slide 42: SARINC Project Highlights
SARINC Project For personal use only Highlights • Agreement to reprocess massive Lead- Zinc tailings g pproject j in Sardinia. • Tailings Resource estimate (Non-JORC) 89.2Mt @ 2.07% Zn, 0.56% Lead. • Over 1.8 million tonnes contained Zinc, nearly 500 500,000 000 tonnes Lead + ???Silver ???Silver. •
Slide 43: SARINC Project Highlights
SARINC Project For personal use only Highlights • Cambrian-Ordivician Age • Largest g historic Lead-Zinc province in Europe • Hydrothermal Style and Mississippi Valley Style Deposits • Lead Zinc Silver plus other metals in highly fertile area
Slide 44: SARINC Project – Montivecchio No 2 Dam
SARINC Project For personal use only M ti Montivecchio hi No N 2D Dam
Slide 45: SARINC Project
SARINC Project For personal use only • Mississippi Valley style at Montoponi/Iglesias. • Hydrothermal Style in the Montivecchio Region. • Differing mineralogical compositions. • Several different metallurgical processes have been used to recover metals and similarly over time different methods of ta
Slide 46: SARINC Project – Campo Pisano & Cross-section
SARINC Project For personal use only Campo Pisano 3 & 4 Cross-section Dam 4 0.4% Pb 1.4% Zn Dam 3 0.33% Pb 1.80% Zn 100m
Slide 47: SARINC Resource Estimates (Non-JORC)
SARINC Project For personal use only Resource Estimates (Non-JORC) – Major Tailings Dam sites
Slide 48: SARINC – Key Objectives
SARINC – Key Objectives For personal use only • Confirm results from IGEA sampling - completed the first phase of evaluation drilling - perform our own resource estimates • Commence first pass metallurgical testwork to ascertain recoverability of minerals i l and dbbasic i flowsheet. fl h t • Finali
Slide 49: General Disclaimer
For personal use only General Disclaimer This presentation has been prepared by Kingsrose Mining Limited (“Kingsrose” or the “Company”). It should not be considered as an offer or invitation or inducement to subscribe for or the purchase of any securities in the Company. This presentation contains f
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