Kingsgate Consolidated Limited · ASX:KCN
Kingsgate Consolidated — Q3 2011 Earnings Presentation
18 slides from Kingsgate Consolidated's earnings presentation, Oct 28, 2011
Slide 1: Kingsgate Consolidated Limited September Quarter 2011
For personal use only Kingsgate Consolidated Limited September Quarter 2011
Slide 2: Disclaimer
For personal use only Disclaimer Forward Looking Statements: These materials include forward looking statements. Forward looking statements inherently involve subjective judgment & analysis & are subject to significant uncertainties, risks & contingencies, many of which are outside of the control of
Slide 3: September Quarter Summary
September Quarter Summary • Group Gold Production 32,992oz For personal use only (Chatree 14,428oz, Challenger 18,564oz) • Total Cash Costs (Incl. royalties) Chatree US$608/oz, Challenger US$975/oz • Chatree operations continued during severe rain and flooding although at lower grades due to limited
Slide 4: Chatree
For personal use only Chatree Operational Pit access limited by heavy rainfall C North overburden removal slowed Performance High grade ore expected in Nov/Dec Total cash costs US$608/oz Total Cash Costs (incl. US$171/oz royalty) up 4% from US$608/oz June Qtr (US$583 incl US$141) Construction comple
Slide 5: Challenger
For personal use only Challenger Operational Gold production impacted by reduced plant throughput due to a failed water Performance bore. Now returned to budget levels. Total cash costs US$975/oz Total Cash Costs (incl. US$76/oz royalty) down 8% from US$975/oz June Qtr (US$1,059 incl US$59) 126% gol
Slide 6: Challenger Exploration Drilling: Intersections below the Fault
Challenger Exploration Drilling Intersections below the 79 Fault For personal use only
Slide 7: Challenger Exploration Drilling
Challenger Exploration Drilling Significant intersections and visible gold For personal use only
Slide 8: Nueva Esperanza
For personal use only Nueva Esperanza Combined Mineral Resources: Updated Resources 28.5Mt @ 0.25g/t Au and 78g/t Ag 1.8Moz Au (AuEq) or 81.6Moz Ag (AgEq) Coffey undertaking feasibility study Feasibility Study • Stage 1 completed in July 2011 • Final draft expected early in 2012 Esperanza: A number
Slide 9: Nueva Esperanza Preliminary mine and plant layout
Nueva Esperanza Preliminary mine and plant layout For personal use only
Slide 10: Bowdens
For personal use only Bowdens Acquisition completed in September Updated Resources Resource estimate 99Moz Ag (JORC) 131Moz AgEq (incl Pb & Zn) Ausenco to undertake feasibility Feasibility Study RW Corkery to co-ordinate EIS Community consultation plan underway Mineralisation open at depth and along
Slide 11: Bowdens Upside Potential
For personal use only Bowdens Upside Potential 1 kilometre • Significant resource potential 10,750mN along strike and at depth • Pit shell reflects the current base of drilling 10,500mN • High grade starter pit 10,250mN 10,000mN 9,750mN 14,750mE 15,000mE 15,250mE 15,500mE
Slide 12: Finance
For personal use only Finance Cash and Bullion Cash and bullion of A$36 million Chatree Expansion Thai baht facility (US$100 million) Facility fully drawn. Kingsgate Revolving credit facility of A$60 million Revolving Facility drawn to A$40 million Convertible Loan Five year A$35 million convertible
Slide 13: Outlook
For personal use only Outlook • Full year production expected to significantly exceed 2011 production. • Challenger forecast remains 95Koz to 105Koz despite low September quarter production • Chatree production under review due to monsoonal rain and flooding effects • Chatree North expansion expecte
Slide 14: Strong Production Growth
Strong Production Growth Two mines and two growth projects For personal use only 600 500 Group Gold Production Growth (in ‘000 ounces AuEq) 400 300 Chatree 200 100 0 2008 2009 2010 2011 2012F 2013F 2014F Chatree Challenger Arqueros (100%) Bowdens Nueva Esperanza Challenger Bowdens
Slide 15: Kingsgate Consolidated Limited
For personal use only Kingsgate Consolidated Limited Shares: 139 Million Market Cap: ~A$1.1Bn ASX: KCN www.kingsgate.com.au
Slide 16: Appendix: General Disclaimer
Appendix General Disclaimer: For personal use only The information contained in this presentation is for informational purposes only and does not constitute an offer to issue, or arrange to issue securities or other financial products. The information contained in this presentation is not investment
Slide 17: Nueva Esperanza
Nueva Esperanza Tonnes & INDICATED INFERRED TOTAL grade @ 0.5 g/t Mt Au g/t Ag g/t AuE Mt Au g/t Ag g/t AuEQ Mt Au g/t Ag g/t AuEQ Koz AuEQ For personal use only AuEQ Q Arqueros 16.0 0.32 81 2.12 4.0 0.3 50 1.4 20.0 0.32 75 1.98 1,272 Chimberos 3.7 0.2 85 2.1 3.7 0.2 85 2.1 248 Teterita 4.8 - 85 1.9
Slide 18: Bowdens
For personal use only Bowdens Cut-off Grade Contained Silver Resource AgEq Tonnes Silver Lead Zinc AgEq Silver AgEq Class (g/t) (t) g/t % % g/t (Moz) (Moz) Indicated 30 31.2 60.6 0.30 0.40 77.5 60.8 78 Inferred 30 27.0 44.0 0.30 0.40 61.0 38.7 53 Indicated & 30 58.2 52.9 0.30 0.40 69.8 99.4 131 Infe
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