Kgl Resources Limited · ASX:KGL
Kgl Resources — Kentor Gold — Investor Presentation (June 2013)
25 slides from Kgl Resources's investor presentation, Jun 19, 2013
Slide 1: Northern Territory Mining
NORTHERN TERRITORY MINING For personal use only
Slide 2: Outline
Outline For personal use only Scoping Study Results Key Drivers of Project Economics Feasibility Studies Resource and Exploration drilling programs 2
Slide 3: Location
Location For personal use only Transport route from Jervois 221km unsealed road (Plenty Hwy) 73km bitumen (Plenty Hwy) 1,300km rail to port of Darwin 3
Slide 4: Project History
Project History For personal use only First discovered 1928 Plenty River Mining 1980-83 – Mining Green Parrot Lead deposit MIM – Deeper drilling Reward Minerals – RC drilling on several prospects Kentor Gold – 2011& 2012 Drilling Programs – Resource Updates 2011,12,13 – Scoping Study – Jan
Slide 5: Post Scoping Study
Post Scoping Study For personal use only Cost Reduction Revenue Increase Construction – Value Copper, Silver, Gold engineering study concentrate – Power – Value engineering Remove/reduce penalties study Improved Recoveries Resource upgrade and increase Potential New Products Copper catho
Slide 6: Construction - Value Engineering Study
Construction - Value Engineering Study For personal use only Capital Cost Breakdown Reduced capital cost to 1.5Mtpa A$m ∆ A$m A$185.5m Construction Indirects 14.9 14.4 29.3 Increases 58 Process Plant Costs 59.1 -1.1 – camp rental for construction Reagents & Plant period 10.7 -1.2 9.5 Services
Slide 7: Magnetite Concentrate
Magnetite Concentrate For personal use only Ore is hosted in Magnetite schist Magnetic separation of tails – ~ 25% of tails mass Regrind produces – high grade concentrate +70%Fe – Low impurity Silica ~1.3% Phosphorous ~0.004% Alumina ~0.6% Sulphur ~0.3% (higher than spec) Possible Tu
Slide 8: Copper Oxide Resource
Copper Oxide Resource For personal use only Assessing feasibility of copper heap leach in advance of flotation • High average grade • Good exploration potential • Historical test work successful Jan 2013 Resource kT Cu % Ag g/t Marshall/Reward Oxidised 196 1.43 42.5 Partially Ox. 829 1.71 45.6 Bellb
Slide 9: Bismuth
Bismuth For personal use only Some areas of the deposit have elevated bismuth Leach tests on the copper concentrate with NaCl and H2SO4 addition Tests on concentrate with the highest bismuth levels were very successful Further bismuth leach evaluation will be conducted. 100 Metal Extraction
Slide 10: Sustainability
Sustainability For personal use only Environmental surveys in July 2012 and a contrasting survey in April 2013 AAPA clearance process is being conducted now Preliminary meeting held with Central Land Council (CLC) in 2012. Further meetings planned Draft Notice of Intent (NOI) is prepared 10
Slide 11: Resource Development
Resource Development For personal use only Identified Exploration Potential adjacent to existing resource Outcropping Copper Ore 11
Slide 12: 2012 Development drilling
2012 Development drilling For personal use only Contained Copper Indicated Inferred TOTAL 13.5Mt @ 1.3% copper 25.8g/t Ag Marshall/Reward 68,166 43,613 111,779 13% increase in contained copper Bellbird 33,073 16,564 49,637 20% increase contained silver Green Parrot 7,000 7,000 Bellbird North 2
Slide 13: Marshall - Reward Long Section
Marshall - Reward Long Section For personal use only 1.2 km 0.5 km 13
Slide 14: Marshall Reward Drilling
Marshall Reward Drilling For personal use only Step-out drilling targeting significant increase and upgrade of resource Program 1 (white) – 3,395m RC – 1,395m Diamond Program 2 (red) – Phase 1 7,748m RC 2,950m Diamond – Phase 2 5,789m RC 2,754m Diamond 14
Slide 15: Marshall-Reward Planned Drilling 2013-14
Marshall-Reward Planned Drilling 2013-14 For personal use only Red blocks – Indicated Yellow blocks - Inferred 15
Slide 16: Bellbird Long Section
Bellbird Long Section For personal use only 800 m 400 m 16
Slide 17: Bellbird Planned Drilling 2013-14
Bellbird Planned Drilling 2013-14 For personal use only Long Section Previously only 7 holes below 200m Program 1 (white) – 3,053m RC – 210m Diamond Program 2 (red) – Phase 1 4,037m RC 659m Diamond – Phase 2 2,677m RC 1,201m Diamond Red blocks – Indicated Yellow blocks - Inferred Plan
Slide 18: Exploration - Bellbird
Exploration - Bellbird For personal use only 2012 Kentor Drilling Mineralisation open to north Best gold assays on northern most line 6m @ 1.2% copper, 10.3g/t silver and 12.43g/t gold from 64 m (down hole), including • 2m @ 2.3% copper, 21g/t silver and 35.2g/t gold from 65 m 18
Slide 19: Exploration - Bellbird
Exploration - Bellbird For personal use only Geophysics – IP MIM completed IP in 1999- 2001 Good correlation between Chargeability and known mineralisation Several strong Chargeability anomalies untested 19
Slide 20: Exploration - Reward North
Exploration - Reward North For personal use only 2011 Kentor Drilling Reward Extension 72m @ 3.3% Cu, 51.2 g/t Ag, 1.16 g/t Au from 414m (Hole RJ169) 2012 Kentor Drilling 8.0m @ 4.8% Cu, 62.1g/t Ag, 0.35g/t Au from 502m (Hole RJ204) 9.05m @ 4.9%Cu, 66.2g/t Ag, 1.22g/t Au from 509m (Hole RJ204W
Slide 21: Exploration – Marshall & Green Parrot
Exploration – Marshall & Green Parrot For personal use only Green Parrot Potential extension to the North 32m @ 1.1% Cu, 1.2% Pb, 1.4% Reward Eastern Zn, 60.4 g/t Ag, 0.12g/t Au from Zone surface (Hole RJ242) Marshall Green Parrot Extension Marshall Extension Potential extension to the South Rew
Slide 22: Exploration Potential
Exploration Potential For personal use only Chubko Prospect Discovered due to ASTER work conducted by the NTGS in collaboration with the CSIRO led Centre of Excellence for 3D Mineral Mapping ASTER (Advanced Space-borne Thermal Emission and Refraction Radiometer) Morley Prospect Field mapping a
Slide 23: PFS Timetable
PFS Timetable For personal use only 2014 July Aug Sept Oct Nov Dec Feb ACTIVITY Jan Prefeasibility Study (PFS) DFS → Environ. Baseline Studies, Impact Assessment Environmental Permits & Approvals Community & CLC Engagement Surveys Resource Drilling Resource Upgrade Mine Design, Planning & Optimisati
Slide 24: Jervois – The future
Jervois – The future For personal use only Drilling planned to commence Aug 2013 Targeting a significant increase in Resource Resource update targeted for Dec 2014 Further exploration drilling to test high priority targets Scoping study of oxide copper resource Complete Pre-Feasibility S
Slide 25: For more information contact
For more information contact For personal use only Simon Milroy on +61 7 3071 9003 or visit www.kentorgold.com ASX Code: KGL Level 9, 40 Creek Street, Brisbane, QLD, AUSTRALIA 4000 Fax: +61 7 3071 9008 Forward-Looking Statements: This presentation includes certain “Forward-Looking Statements”. All s