Kingsgate Consolidated Limited · ASX:KCN
Kingsgate Consolidated — RIU Kingsgate Presentation May 2008
22 slides from Kingsgate Consolidated's conference presentation, May 7, 2008
Slide 1: Gold Production Growth from Asia's Showcase Mine
Kingsgate Consolidated Limited For personal use only Gold Production Growth from Asia’s Showcase Mine May 2008
Slide 2: Disclaimer
Disclaimer Forward Looking Statements: For personal use only These materials These materials include include forward forward looking looking statements. statements. Forward Forward looking looking statements statements inherently inherently involve involve subjective subjective judgment&&analysis ju
Slide 3: What is Kingsgate? (ASX:KCN)
For personal use only What is Kingsgate? (ASX:KCN) Thai focus Thai focus –– Chatree Chatree Mine Mine Gold producer Gold producer for for 77 years years Expanding to Expanding to ~300,000oz/yr ~300,000oz/yr Chatree Chatree 1.6 Moz 1.6 Moz Reserves Reserves -- Chatree Chatree Nth Nth
Slide 4: Future Production Growth
Future Production Growth ~300,000 For personal use only Higher Grade Higher Grade Oz with Lease with Lease Granting Granting Expansion Complete* .. 100,000- 140,000 140,000 Oz Oz 65,000- 86,000 80,000 2.4 Oz Oz 2.0 Gold Grade (g/t Au) 1.2 1.1 05/06 06/07 07/08F 08/09F* ~09/10F* * production levels b
Slide 5: New Thai Government
For personal use only New Thai Government Global campaign Global campaign to: to: Pro-business Cabinet Increase foreign Increase foreign investment investment Restore investor Restore investor confidence confidence Industry Minister Industry Minister (Mining): (Mining): Minister’s drive for Champion
Slide 6: New Lease Grant – In Sight
For personal use only New Lease Grant – IN SIGHT Achieved: Forestry Achieved: Forestry approval approval New Mining Leases Processing: Mines Processing: Mines Dept Dept approval approval Last signoff to come Pending: Minister’s Pending: Minister’s final final signoff signoff
Slide 7: New Leases – Re-valuation
For personal use only New Leases – Re-valuation will occur Re-rating will Re-rating occur commences in Mining commences Mining in new new areas areas Grade increases Grade increases Mining fleet Mining fleet expands expands Expansion commences Plant Expansion Plant commences Ausenco po
Slide 8: Chatree North Potential
For personal use only Chatree North Potential LARGE gold LARGE gold system system Drilling will Drilling will increase increase Reserves Reserves Pits could Pits could possibly possibly merge to merge to become become aa Thai Super Thai Super Pit Pit 5 km 1 Kilometre
Slide 9: Current Operations
For personal use only Current Operations March Quarter March Quarter 08: 08: 20,234 20,234 oz oz gold gold On Target for FY08 YTD Production: YTD Production: 58,541 58,541 oz oz gold gold Forecast FY08: Forecast FY08: 65-80,000 65-80,000 oz oz gold gold Forecast Production Mill throughput: throughpu
Slide 10: Excellent Track Record
For personal use only Excellent Track Record World’s Safest World’s Safest Gold Gold Mine Mine No other No other gold gold mine mine with with better better ISO standards ISO standards Only mining Only mining company company granted granted Social Accountability Social Accountability SA8
Slide 11: Chatree Cash Costs/t - Stable
Chatree Cash Costs/t - Stable Chatree Total Costs US$/t = Mining, Milling, Admin, Credits personal use only Percentage Change 3 yrs 90% Cost Pressures Pressures 175% Cost 60% Oil Price 35% Thai Baht vs USD 30% 14% Chatree Cash Costs US$/t 0% 40 Costs US$/t CashFor * Peers: 10 mines 1.5-3mtpa. Source
Slide 12: Mining Areas – Current
For personal use only Mining Areas – Current A Pit A Pit H Cutback H Cutback H West H West C-H Pit C-H Pit
Slide 13: Mining Areas – With Leases
For personal use only Mining Areas – With Leases Q Pit Q Pit A Pit A Pit A East A East K Pits K Pits C-H Pit C-H Pit Model ~5 years after lease granting
Slide 14: Mining Areas FY08
For personal use only Mining Areas FY08 Chatree Chatree North Exploration Q Pits Q Pits Tenement Chatree Exploration A Pit A Pit Tenement K Pit K Pit K East K East H Cutback H West D Pit C-H Pit Chatree Plant 2.35mtpa Chatree Plant Expansion Plant Expansion Exploration + 2.65mtpa + 2.65mtpa Tenement
Slide 15: Expansion – with Leases
Expansion – with Leases 55 Million Million tpa tpa treatment treatment plant plant (commission (commission Mid Mid ’09*) ’09*) For personal use only ~300,000 oz/year ~300,000 oz/year production production rate rate Key expansion Key expansion components components ordered ordered Ausenco
Slide 16: A Large Deposit
For personal use only A Large Deposit Ore body Ore body open open ended ended depth at depth at strike along strike along the west to the to west Target Exploration Exploration recommencing recommencing Target Major resource Major resource growth anticipated growth anticipated Targ
Slide 17: "A" Pit
For personal use only “A” Pit 2.1 Moz 2.1 Moz Gold Gold Resource Resource 23 Moz 23 Moz Silver Silver Resource Resource 1.2 Moz 1.2 Moz Gold Gold Reserve Reserve A Pit A Pit A East A East Immediate drill target 30m @ 30m @ 16g/t 16g/t gold gold Higher grade 12m @ 12m @ 1oz 1oz gold gold
Slide 18: Mine Potential
For personal use only Mine Potential Geophysics Geophysics Ground Resistivity Ground Resistivity excellent tool excellent tool to to identify mineralisation identify mineralisation More drilling More drilling required required 3-5 years 3-5 years for for current current potential to potential
Slide 19: Near Mine Growth
Near Mine Growth For personal use only Resistivity Resistivity Anomalous Anomalous Zones Zones Ore zone Ore zone continues continues Resistivity shows Resistivity shows trend trend of of Chatree Chatree 23 23 North North mineralisation (red) mineralisation (red) km km High success High s
Slide 20: New Discovery Potential
New Discovery Potential Phitsanulok Province For personal use only First Mover First Mover Advantage: Advantage: Resistivity Resistivity Selected best best areas areas Anomalous Anomalous Selected Granted Zones Zones Phetchabun World class World class gold gold province province Province Con
Slide 21: Kingsgate – Re-rating & Growth
For personal use only Kingsgate – Re-rating & Growth Trading at Trading at $5/share $5/share Re-rating Market observers observers see see large large uplift uplift Market with Mining Leases Strong operational Strong operational cashflow cashflow Plant expansion Plant expansion underway underway Near
Slide 22: Consolidated Limited
For personal use only Consolidated Limited ASX : KCN www.kingsgate.com.au
Kingsgate Consolidated — RIU Kingsgate Presentation May 2008 on 6ix