Kingsrose Mining Ltd · ASX:KRM
Kingsrose Mining — Mines & Money London 2013
21 slides from Kingsrose Mining's conference presentation, Nov 25, 2013
Slide 1: Corporate Presentation ASX cover letter
25 November 2013 For personal use only Company Announcements Office Australian Securities Exchange Limited Level 6, 20 Bridge Street SYDNEY NSW 2000 Corporate Presentation Please find attached a copy of Kingsrose Mining’s Corporate Presentation that will be delivered to investors as part of an inter
Slide 2: High Grades & Low Costs... The Springboard to Future Growth
For personal use only High Grades & Low Costs ... The Springboard to Future Growth Mines & Money – London 2013
Slide 3: Disclaimer
Disclaimer The information contained in this document (“Presentation”) has been prepared by Kingsrose Mining Limited (“Kingsrose” or the “Company”). For personal use only This Presentation does not constitute an offer or invitation to any person to subscribe for or apply for any securities in the Co
Slide 4: Kingsrose Mining Limited – A Snapshot
For personal use only Kingsrose Mining Limited – A Snapshot Capital Structure (ASX:KRM)1 Board & Management Shares on issue 335m John Morris Chairman Share Price ~40c Tim Spencer Executive Director Market Cap ~$134m Bill Phillips Non Exec Director Av. Daily Volume 320,000 Andrew Spinks Non Exec Dire
Slide 5: Appointment of Managing Director
For personal use only Appointment of Managing Director • Appointment of experienced Mining Executive – Scott Huffadine (effective 13 Jan 14) • Geologist, 20+ years experience in project and executive management from operational startups to large integrated operations (gold & base metals) – open cut
Slide 6: The Way Linggo Project – Key Value Drivers
The Way Linggo Project – Key Value Drivers Resources Rich Location For personal use only “Rim of Fire” in Sumatra, Indonesia - low sulphidation epithermal system Established Project (85% owned) 2 mines & 1 processing plant on 100km2 of secure title (4th generation CoW) Outstanding Grades Specialist
Slide 7: The Way Linggo Project – The Next Chapter
For personal use only The Way Linggo Project – The Next Chapter • Talang Santo mine is much larger than the Way Linggo mine and remains open • Process plant current capacity 140,000tpa but expandable to 200,000tpa for minimal capex (<$2m) • A geological review of the Way Linggo mine and its surround
Slide 8: The Talang Santo Mine
For personal use only The Talang Santo Mine • Much larger than the Way Linggo orebody and remains open along strike and at depth • Development work completed to date has revealed bonanza style grades – up to 125g/t • Located 17 Km by haul road from the processing plant • Major cluster of epithermal
Slide 9: Talang Santo – High grades and High Potential for Growth
For personal use only Talang Santo – High grades and High Potential for Growth • 3 horizontal cross cuts completed laterally across the ore body exposed the hanging wall vein • Grades & widths encountered across the mineralised zone exceed mine modelling • Provides good indication of the ranges of g
Slide 10: Talang Santo – Grade Upside
For personal use only Talang Santo – Grade Upside….. Current mining horizon: Level 2 & 3 Drilling results - Au ≈ 10 g/t Actual grade at face - Au (up to) ≈ 125 g/t 2014/15 mining horizon: Level 5 & 6 Drilling result - Au ≈ 52 g/t 2015/16/17 mining Actual grade at face - Au ≈ ??? horizon: Level 6 & 7
Slide 11: Talang Santo – The Mineralised Zone
For personal use only Talang Santo – The Mineralised Zone 10 Refer to Appendix 1 for a complete listing of all samples taken.
Slide 12: Talang Santo – The Current Mine Design – Phase 1
Talang Santo – The Current Mine Design - “Phase 1” • Current mine design to level 6 showing main level access drifts, sublevel For personal use only stoping drifts, ventilation/ore passes and haulage shafts 11
Slide 13: Talang Cluster - Activities Ramping Up
For personal use only Talang Cluster - Activities Ramping Up Ore at Talang Santo mine Drill core from under ground rig Exploration shaft at Talang Semin Drill rigs on standby 12
Slide 14: Contract of Work - Exploration Footprint Expanding
For personal use only Contract of Work - Exploration Footprint Expanding • 100km2 land holding in prolifically mineralised area (“Rim of Fire”) • Held under highly prized 4th generation Contract of Work (CoW) with Indonesian Govt • Numerous defined epithermal zones/targets within the Project area •
Slide 15: The Way Linggo Mine – A New Approach
For personal use only The Way Linggo Mine – A New Approach • Geological review of the Way Linggo Mine and surrounds in progress • Expert consultants engaged to assist Project team to review historical data collated over period of the mines operation – identification of new exploration targets • Seve
Slide 16: Past, Present & Future Performance
Past, Present & Future Performance Past (June 2010 – July 12) For personal use only Ø Project EBITDA: USD $83m Ø Gold Produced: 64,706oz Ø Mined gold grade: 13.1g/t Ø EBITDA/Oz: USD$1,282 Ø Costs: C1 USD $207/oz1 C3 USD $491/oz2 Present (FY 2013) Ø Break even Future (FY 2014 and beyond) Ø Pro
Slide 17: Community Initiatives – Co-operation & Engagement
For personal use only Community Initiatives – Co-operation & Engagement Health Initiatives • Substantial food & equipment donations • Subsidised medical care, including malaria control & prevention & birth control Education Initiatives • Student scholarships & teacher allowances • School building re
Slide 18: Health, Safety & the Environment
Health, Safety & the Environment Health & Safety Initiatives For personal use only • Comprehensive health & safety training regularly provided to all employees, contractors and visitors to site • Recipient of “Gold Flag” certificate in recognition for the creation of a safe and responsible work envi
Slide 19: Contact Details
Contact Details: For personal use only Tim Spencer – Executive Director +61 8 9486 1149 info@kingsrosemining.com.au www.kingsrosemining.com.au ASX:KRM ACN 112 389 910 18
Slide 20: Appendix – Complete listing of all significant face samples
Appendix 1 – Complete listing of all significant face samples (Note: significant meaning a sample that assays above 2/gt gold) For personal use only 19
Slide 21: Appendix – Continued
Appendix 1 – Continued. For personal use only Note: The sampling intervals are domained by geological constraints (eg. Rock types, veining and alteration/sulphidation). Samples of 0/5 – 3kgs are taken in range from 0.10m up to 3m for assay. 20