Kingsrose Mining Ltd · ASX:KRM
Kingsrose Mining — Investor Presentation (April 2015)
25 slides from Kingsrose Mining's investor presentation, Apr 29, 2015
Slide 1: The Way Linggo Project Project Update
For personal use only The Way Linggo Project Project Update April 2015 ASX:KRM
Slide 2: Disclaimer & Competent Persons Statement
Disclaimer & Competent Persons Statement The information contained in this Presentation has been prepared by Kingsrose Mining Limited (“Kingsrose” or the “Company”). This Presentation does not constitute an offer or invitation to any person to subscribe for or apply for any securities in the Company
Slide 3: Corporate Overview
Corporate Overview Key Statistics (ASX:KRM)1 Directors & Management For personal use only Shares on issue 359m John Morris Chairman Options on issue 14.85m Scott Huffadine Managing Director Share Price 28c Bill Phillips Non Exec Director Market Cap $100m Andrew Spinks Non Exec Director Av. Daily Vol
Slide 4: March 2015 Quarter Highlights
March 2015 Quarter Highlights For personal use only 50% increase in mined grade from 8.3 g/t Au to 12.44 g/t Au 17% increase in gold production to 6,409 ounces 5,815t @ 15.0 g/t Au mined at C1 US$559 and AISC US$712 in the month of March Processing recoveries remain high at 97% Au Continue
Slide 5: Talang Santo – Upside in the Mineral Resource Grade
Talang Santo – Upside in the Mineral Resource Grade For personal use only Talang Santo developing its own operating history with an average 1.9 x uplift on Mineral Resource grade to ore mined grade from December to March 2015 Drivers to this are a loss of gold bearing clays in drilling and varia
Slide 6: Talang Santo | Level – 1st sublevel
Talang Santo | 4 Level – 1st sublevel Bonanza Grades in the Hanging Wall vein For personal use only 1,062t @ 28.4g/t Au mined from this section of level development in January 2015 6
Slide 7: Talang Santo – An Evolving Understanding
Talang Santo – An Evolving Understanding For personal use only Moving beyond the limited development phase of 2013/2014 with 6 months of production metrics from October 2014 Mine development increasing the resolution by identifying localised high grade sections of the orebody, allowing for more
Slide 8: Talang Santo Mine – Level Shaft Access
Talang Santo Mine – 5 Level Shaft Access The 5 Level haulage shaft will access further upside in the Talang Santo For personal use only system at depth High Grade Core New Lodes 8
Slide 9: Organic Growth
Organic Growth For personal use only Advanced Exploration Project Exploration 9
Slide 10: Talang Cluster – Exploration Upside
Talang Cluster – Exploration Upside The “Talang Cluster” – multiple structures of out-cropping at surface For personal use only within a 2km radius of the Talang Santo Mine which is characteristic of larger epithermal systems 10
Slide 11: Talang Samin – Advanced Exploration
Talang Samin – Advanced Exploration Level 1 development completed to intersect: For personal use only DDH 180 4.75m @ 4.30 g/t Au and 5.45 g/t Ag from 73.75 (including 0.5m @ 30.20 g/t Au and 30.40 g/t Ag) Development has confirmed a number of short strike vein intercepts – further work to be co
Slide 12: Further Exploration Opportunities
Further Exploration Opportunities Numerous defined epithermal For personal use only targets within the existing 100km2 Project area Initial soil geochemistry underway to be completed over priority targets to infill the current dataset – Talang Samin, Talang Toha and Mitra Jaya Drilling will be
Slide 13: Appendix – Way Linggo Project Mineral Resource Statement
Appendix 1 – Way Linggo Project Mineral Resource Statement As at 30 June 2014 For personal use only Classification Tonnes Gold (Au) g/t Silver (Ag) g/t Au ounces Ag ounces Talang Santo Measured Indicated 848,991 6.1 16 167,417 441,041 Inferred 797,355 4.5 17 115,616 443,751 Subtotal 1,646,346 5.3 17
Slide 14: Contact Details
Contact Details For personal use only Scott Huffadine Managing Director + 61 8 9486 1149 info@kingsrosemining.com.au www.kingsrosemining.com.au 14
Slide 15: Face Sampling Results | Level Talang Santo
Face Sampling Results | 4 Level Talang Santo Face Sample_ID Easting Northing Elevation Depth From Depth To Interval Au Ag Thickness Average Au Average Ag 0 1.2 1.2 36.73 54.09 L4_S8_HWV_8E_E13_MS114966 433387.86 9425227.47 1207.44 1.2 1.7 0.5 0.39 1.84 1.2 36.73 54.09 For personal use only 1.7 2.2 0
Slide 16: Face Sampling Results | Level Talang Santo
Face Sampling Results | 4 Level Talang Santo Face Sample_ID Easting Northing Elevation Depth From Depth To Interval Au Ag Thickness Average Au Average Ag 0 0.2 0.2 0.26 3.93 0.2 0.4 0.2 110.52 89.49 For personal use only 0.4 0.7 0.3 0.63 2.72 L4_S8_HWV_8E_E21_MS116240 433400.50 9425224.63 1207.56 0.
Slide 17: Face Sampling Results | Level Talang Santo
Face Sampling Results | 4 Level Talang Santo Face Sample_ID Easting Northing Elevation Depth From Depth To Interval Au Ag Thickness Average Au Average Ag 0 0.8 0.8 47.44 68.65 0.8 1.5 0.7 105.58 122.42 L4_S8_HWV_8E_E29_MS116576 433416.61 9425220.97 1207.73 2.2 64.62 76.85 For personal use only 1.5 2
Slide 18: Face Sampling Results | Level Talang Santo
Face Sampling Results | 4 Level Talang Santo Face Sample_ID Easting Northing Elevation Depth From Depth To Interval Au Ag Thickness Average Au Average Ag 0 0.3 0.3 28.5 16.78 0.3 0.8 0.5 3.48 5.45 For personal use only L4_S8_HWV_8E_E39_MS117236 433429.23 9425212.74 1207.82 1.5 12.03 8.12 0.8 1.5 0.7
Slide 19: Face Sampling Results | Level Talang Santo
Face Sampling Results | 4 Level Talang Santo Average Face Sample_ID Easting Northing Elevation Depth From Depth To Interval Au Ag Thickness Average Ag Au 0 0.3 0.3 28.5 16.78 0.3 0.8 0.5 3.48 5.45 For personal use only L4_S8_HWV_8E_E39_MS117236 433429.23 9425212.74 1207.82 1.5 12.03 8.12 0.8 1.5 0.7
Slide 20: Face Sampling Results | Level Talang Santo
Face Sampling Results | 4 Level Talang Santo Face Sample_ID Easting Northing Elevation Depth From Depth To Interval Au Ag Thickness Average Au Average Ag 0 0.2 0.2 1.3 2.98 0.2 1 0.8 0.64 7.47 For personal use only L4_S8_HWV_8E_E51_MS118604 433449.29 9425206.94 1208.12 0.9 42.81 38.04 1 1.6 0.6 5.13
Slide 21: JORC Code 2012 Edition – Table 1 Section 1: Sampling Techniques and Data
JORC CODE, 2012 EDITION – TABLE 1 Section 1: Sampling Techniques and Data For personal use only Criteria JORC Code Explanation Commentary Sampling Nature and quality of sampling (eg cut channels, This Table 1 relates to sampling by diamond drilling, face techniques random chips, or specific spec
Slide 22: JORC Table 1 – Sampling Techniques (continued)
detail to support appropriate Mineral Resource geological, structural, alteration and/or mineralogical estimation, mining studies and metallurgical boundaries, to industry standard. studies. Logging is qualitative and all core is photographed. Rock Whether logging is qualitative or quantitative
Slide 23: JORC Table 1 – Location and Data Spacing
Quality and adequacy of topographic control. handheld GPS. Elevation values were in AHD RL and values recorded within the database. Expected accuracy is + or – 5m for easting, northing and 10m for elevation coordinates. The Universal Transverse Mercator (UTM) system is used. For personal use onl
Slide 24: JORC Table 1 – Geology and Drill Hole Information
Exploration Acknowledgment and appraisal of exploration by All exploration at the Way Linggo Project has been done by other parties. completed by PTNM/KRM. other parties Geology Deposit type, geological setting and style of The Talang Santo deposit is an epithermal gold / silver mineralisati
Slide 25: JORC Table 1 – Other Data and Further Work
Other Other exploration data, if meaningful and material, No other exploration data is considered meaningful and substantive should be reported including (but not limited to): material to this announcement. exploration geological observations; geophysical survey results; data geochemical survey
Kingsrose Mining — Investor Presentation (April 2015) on 6ix