Kingsrose Mining Ltd · ASX:KRM
Kingsrose Mining — Shareholder Meeting (November 2019)
16 slides from Kingsrose Mining's shareholder meeting presentation, Nov 21, 2019
Slide 1: The Way Linggo Project AGM Presentation
THE WAY LINGGO PROJECT AGM PRESENTATION NOVEMBER 2019 ASX:KRM
Slide 2: FY 2019: Operational Highlights
FY 2019: Operational Highlights Key Metrics FY2019 Ore Mined (t) 79,643 ✓ Second open pit (Talang Mine Grade (Gold) (g/t) 7.7 Santo) – permitting / infrastructure / started Gold Produced (Oz) 18,815 mining November 2018. ✓ Processing plant running Recovery (Gold) (%) 94.7 at capacity since April 201
Slide 3: FY 2019: Financial Highlights
FY 2019: Financial Highlights ✓ Quarter on quarter increased production and decreased costs. ✓ 16,299oz of gold sold at an average price of US$1,278/oz. ✓ Significant investment in Mine Development. ✓ Significant investment in Exploration. ✓ Building cash reserves.
Slide 4: FY 2020: Key Strategy
Continue to maximise cash reserves for future investment in development of Way Linggo project Maintain full production in the plant for efficiency and recovery for FY20 Manage costs to optimise AISC including investment in infrastructure and rationalisation of workforce FY 2020: Key Strategy Continu
Slide 5: FY 2020: Operational outlook
FY 2020: Operational outlook 1. Mining and Processing ▪ Way Linggo - Remediated wall failure to enable safe mining to continue. ▪ Maximise production in Way Linggo open pit before closure in December 2019. ▪ Optimise Talang Santo pit for future production. ▪ Streamline workforce over the year for ch
Slide 6: Way Linggo Project – connection to mains power (PLN) video
Way Linggo Project – connection to mains power (PLN) video
Slide 7: Current Talang Santo open pit design video
Current Talang Santo open pit design video
Slide 8: Talang Santo – Phase 1 In-fill Deep Drilling Programme (complete)
Talang Santo – Phase 1 In-fill Deep Drilling Programme (complete)
Slide 9: Talang Santo – Phase 1 In-fill Deep Drilling Programme (interim)
Talang Santo – Phase 1 In-fill Deep Drilling Programme (interim) ▪ In-fill drilling aimed at providing more confidence in existing Mineral Resource Estimate below previous underground workings and to test grade continuity between the previous drilling intersections. ▪ All 21 holes now completed, 7,3
Slide 10: Talang Santo: Underground Concept Study
Talang Santo: Underground Concept Study ✓ Reviewing design and mining method alternatives. ✓ Obtained independent Indonesian contractor costings and unit rates. ✓ Independent geotechnical review. ✓ Independent hydrology review and suggested water management designs. ✓ Consideration of mining remnant
Slide 11: Way Linggo: Deep Drilling
Way Linggo: Deep Drilling ✓ Testing potential below previous underground mine. ✓ Single drill planned to do 2 deep holes. Further drilling dependent on results. ✓ Drilling started in November – completion expected early December.
Slide 12: Regional Exploration
Regional Exploration ✓ FY2019 5k metres of diamond drilling undertaken at Rawa Gabus and Talang Toha-Samin. ✓ Programme a technical success as first phase. Both still interesting prospects and open as target areas. ✓ Focus moved to nearer term Talang Santo prospect. ✓ Collation of all regional explo
Slide 13: Focused on Delivering Long Term Value – Thank you
Focused on Delivering Long Term Value ✓ Strategy in place to economically assess longer life of mine operations ✓ Current drilling results presents significant opportunity to extend mine life ✓ Continued investment in capital mine development and exploration ✓ Working to re-establish our position as
Slide 14: Way Linggo Project Mineral Resource Statement
Way Linggo Project Mineral Resource Statement As at 30 June 2019 Classification Tonnes(Kt) Gold (Au) g/t Au ounces (Koz) Silver (Ag) g/t Ag ounces (Koz) Talang Santo Measured 199 10.3 66 24 154 Indicated 284 11.0 100 20 183 Inferred 696 5.0 111 20 455 Subtotal 1,179 7.3 277 21 792 Way Linggo Measure
Slide 15: Community, Safety & The Environment
Community, Safety & the Environment Occupational Health & Safety ▪ Continued focus on improving safety practices underpinned by the statistics ▪ At 30 September 2019 achieved a 12 month moving average: ▪ Lost Time Injury Frequency Rate of 1.14 ▪ Total Recordable Injury Frequency Rate of 3.98 Environ
Slide 16: 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
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