Matsa Resources Ltd · ASX:MAT

Matsa Resources — Kalgoorlie-Boulder Resources — Investor Presentation (March 2008)

34 slides from Matsa Resources's investor presentation, March 2008

  1. Slide 1: 1.44 Moz Gold - Pathway To Production

    For personal use only 1.44 Moz Gold - Pathway To Production Michael Atkins - Chairman March, 2008 Kalgoorlie- Kalgoorlie-Boulder Resources Ltd Financial Strength, Local Knowledge, Committed Team © KBRL 2008

  2. Slide 2: Forward Looking Statement

    Forward Looking Statement For personal use only The material used in this presentation is intended to be a summary of selected geological data, current and proposed activities, as well as resource estimates based on information available to Kalgoorlie Boulder Resources at the time. It does not inclu

  3. Slide 3: Table of Contents

    Table of Contents For personal use only 1 KBRL Overview 2 Norseman Gold Project 3 Clinker Hill Nickel Project 4 Dunnsville Gold Project Kalgoorlie-Boulder Resources Ltd Page 2 © KBRL 2008

  4. Slide 4: Company Highlights

    Company Highlights For personal use only • Experienced operational and capital management team • Committed to the creation of shareholder value through systematic and targeted exploration and development of its portfolio of projects located in one of the best gold and nickel producing provinces in t

  5. Slide 5: KBRL - a new direction since March 2007

    KBRL - a new direction since March 2007. For personal use only • Company Listed - April 2005 • Mining at Jackpot - July 2006 to August 2007 • Norseman acquisition deal - March 2007 • Sale of Uranium assets - June 2007 • Resource at Norseman reaches 1.44 Moz - February 2008 Kalgoorlie-Boulder Resourc

  6. Slide 6: KBRL's major strength is its experienced and proven management team

    KBRL’s major strength is its experienced and proven management team. For personal use only Non-Exec. Chairman • Michael Atkins BComm FCA – Over 20 years experience as Director of resource companies Executive Director • Stanley Lewis MA PhD – Extensive West African mining experience Non-Exec. Directo

  7. Slide 7: The financial position is sound and substantial shareholders are committed

    The financial position is sound and substantial shareholders are committed. For personal use only Shares on Issue 174,780,277 Options on Issue – Listed* 51,455,472 Directors/Employee Options (10/20 cents)** 6,600,000 Options on Issue – Unlisted 30 cents*** 8,250,000 Options on Issue – Unlisted 40 ce

  8. Slide 8: Compared to other Australian gold companies, KBRL provides excellent value

    Compared to other Australian gold companies, KBRL provides excellent value to investors. For personal use only EV/ Resource ounce (US$/oz) 400 387 350 300 250 241 200 154 150 109 100 83 55 50 16 0 R L c us ent t or gra oc a ion a v KB Fo r esc vi g In t e A m in C N a D o Kalgoorlie-Boulder Resource

  9. Slide 9: KBRL's projects have access to the best mining infrastructure in Australia

    KBRL’s projects have access to the best mining infrastructure in Australia. For personal use only Rail Kalgoorlie Southern Cross Clinker Hill Kambalda Perth Norseman Norseman Project Gas Esperance Road 400km Kalgoorlie-Boulder Resources Ltd Page 8 © KBRL 2008

  10. Slide 10: As the gold price continues its upward surge…

    As the gold price continues its upward surge… Gold Price For personal use only (US$/oz) UniCredit (3 year forecast) 1,400 1,200 ? 1,000 $1,000 Industry consensus 800 (minimum level) 600 400 200 0 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 Kalgoorlie-Boulder Resources Ltd Page 9

  11. Slide 11: KBRL's projects are being progressed towards production

    … KBRL’s portfolio of exploration and development projects are being progressed towards production… For personal use only Broad Dunnsville Arrow Preliminary Project Assessment Clinker Early Exploration Hill Jackpot Advanced Exploration Norseman Scoping Study Feasibility Study Production Gold Nickel

  12. Slide 12: Aim to complete a feasibility study at Norseman by end of FY08

    …with the aim to complete a feasibility study at Norseman by the end of FY08. For personal use only Feasibility study will evaluate – Annual production target of 100 – 120 Koz for 6 – 7 years – Stand alone 2 Mt p.a. processing plant – Further exploration to extend mine life and supplement mill feed

  13. Slide 13: Table of Contents

    Table of Contents For personal use only 1 KBRL Overview 2 Norseman Gold Project 3 Clinker Hill Nickel Project 4 Dunnsville Gold Project Kalgoorlie-Boulder Resources Ltd Page 12 © KBRL 2008

  14. Slide 14: Norseman Gold Project Video

    Norseman Gold Project Video For personal use only Kalgoorlie-Boulder Resources Ltd Page 13 © KBRL 2008

  15. Slide 15: Excellent location within world class Moz province

    Excellent location within world class 270 Moz province… Gold deposits in Norseman-Wiluna greenstone belt For personal use only Kalgoorlie (60 Moz) • Eastern Goldfield mineral endowment of 270 Moz Coolgardie (15 Moz) with over 120 Moz of historical production. Kambalda • Norseman field with Go histor

  16. Slide 16: Two advanced deposits hosted only km apart within a Banded Iron Formation

    …and with two advanced deposits hosted only 4 km apart within a Banded Iron Formation… For personal use only Norseman ro rt bb BIF / Che Ga New New highly highly prospective prospective exploration exploration corridor corridor with with Abbotshall known Basic known gold gold resource resource Volca

  17. Slide 17: The Norseman Project has a large resource

    …the Norseman Project has a large resource… For personal use only Indicated & Inferred Resource (Koz) 1,500 40 30 1,440 740 3.4g/t 2.0g/t 1,250 1,000 1.5g/t 750 1.7g/t 630 500 250 1.9g/t 0 Mt Henry Selene Nth Scotia Abbotshall TOTAL Kalgoorlie-Boulder Resources Ltd Page 16 © KBRL 2008

  18. Slide 18: Similar grade to other successful bulk mining operations

    …that has a similar grade to other successful bulk mining operations… For personal use only Resource Grade (g/t) 2.0 1.9 1.8 1.7 1.7 1.52 1.5 1.0 0.5 0.0 Telfer Kalgoorlie Norseman Paddington Carosue (Excl.Cu credits) Super Pit Project Dam Source: ASX announcements, company websites and analyst repo

  19. Slide 19: Resource base rapidly upgraded and increased since Q1 2007

    … and since Q1 2007 KBRL has rapidly upgraded and increased the resource base. For personal use only Resource @ 1 g/t cutoff (Koz) 1,600 1.44 Moz 1,400 1,200 Additional 490 Inferred 1.02 Moz Inferred resources 1,000 800 93% conversion to Indicated 600 Inferred 950 Indicated 400 200 0 Q1 07 Q1 08 Kal

  20. Slide 20: Norseman Resource Visualisation Video

    Norseman Resource Visualisation Video For personal use only Kalgoorlie-Boulder Resources Ltd Page 19 © KBRL 2008

  21. Slide 21: Historical mining at Mt Henry reveals competent rock units

    Historical mining at Mt Henry reveals competent rock units… For personal use only Features • Resource of 10.6 Mt @ 1.9 g/t for 630 Koz • Conceptual mining studies indicate the Competent rock units will potential for low cost mining allow for steep walls Recent developments • Resource definition dril

  22. Slide 22: Recent intersections confirming a wide, steeply dipping ore body

    …with recent intersections confirming a wide, steeply dipping ore body… For personal use only 5000E MT HENRY New drillholes SECTION 9650mN 300mRL one 25m @ 4.12 g/t Z Conceptual Ore pit outline @ A$850/oz 17m @ 1.56 g/t 9m @ 3.71 g/t 3m @ 3.91 g/t Pegmatite 200mRL 16m @ 2.58 g/t rt ite Che t s r Do

  23. Slide 23: At Selene wide intersections up to 40m confirm bulk mining potential

    …and at Selene wide intersections up to 40m confirm the potential for bulk mining. For personal use only 4600E 4800E 11m @ 1.85 g/t 15m @ 1.76 g/t 7m @ 2.05 g/t 200mRL g ma tite Pe Conceptual 7m @ 3.10 g/t pit outline @ A$850/oz 22m @ 1.76 g/t e Or e n Zo 100mRL 41m @ 1.91 g/t BIF t is rite SELENE c

  24. Slide 24: Table of Contents

    Table of Contents For personal use only 1 KBRL Overview 2 Norseman Gold Project 3 Clinker Hill Nickel Project 4 Dunnsville Gold Project Kalgoorlie-Boulder Resources Ltd Page 23 © KBRL 2008

  25. Slide 25: Clinker Hill Nickel Project Video

    Clinker Hill Nickel Project Video For personal use only Kalgoorlie-Boulder Resources Ltd Page 24 © KBRL 2008

  26. Slide 26: Clinker Hill is located within a world class nickel province

    Clinker Hill is located within a world class nickel province and surrounded by known deposits/mines… For personal use only Nickel deposits in Norseman-Wiluna greenstone belt Kalgoorlie Clinker Hill Bulong Coolgardie Southern Gold Exploration Kambalda 2m @ 2.06% Ni Nic ke lD epo Blair Kalgoorlie 30kt

  27. Slide 27: Right geology to host a major nickel deposit

    …and has the right geology to host a major nickel deposit… 1km For personal use only Geochem anomaly Ul tra ba • 5 km under-explored mapped basal sic contact 10.5m @ 0.22% Ni Gossan Geochem • Recent results show coincident Ni/ 26.4% Cu Under- Cu/ Co/ PGE soil geochemical 1.4% Ni 1.5m @ 0.47% Ni, 5.6

  28. Slide 28: KBRL plans to discover using modern exploration techniques

    …which KBRL plans to discover using modern exploration techniques. For personal use only Define SQUID-EM Drilling Survey Exploration Program Targets Q1 08 Q2 08 Q4 08 Exploration plans • Commission moving loop SQUID - EM survey along the entire Basal contact, to locate sources of sulphide mineralisa

  29. Slide 29: Table of Contents

    Table of Contents For personal use only 1 KBRL Overview 2 Norseman Gold Project 3 Clinker Hill Nickel Project 4 Dunnsville Gold Project Kalgoorlie-Boulder Resources Ltd Page 28 © KBRL 2008

  30. Slide 30: Dunnsville Project encompasses shear zones with proven gold production history

    The Dunnsville Project encompasses a number of shear zones that have a proven history of gold production… For personal use only Dunnsville Project - magnetic intensity map and historical Features mining Iguana • 210 km2 leasehold 237 Koz (Historical) • Favourable geology for gold and nickel Lizard H

  31. Slide 31: KBRL plans to test Dunnsville during 2008

    …which KBRL plans to test during 2008. For personal use only RAB, RC & Geophysical Define Exploration Sampling Survey Drilling Programme Q2 08 Q3 08 Q4 08 Exploration plans • Rotary Air Blast (RAB) follow up on geochem anomalies • Reverse Circulation (RC) drilling on: – lines of workings identified

  32. Slide 32: Summary of activities during 2008

    Summary of activities during 2008. For personal use only Norseman Gold Project Remodel Scoping Pre- Pre-feasibility Feasibility Selene & Mt Henry Study Study Study (Completed) Clinker Hill Nickel Project Define SQUID- SQUID-EM Drilling Exploration Survey Program Targets Dunnsville Gold Project RAB,

  33. Slide 33: In Summary

    In Summary: For personal use only •Focused management and technical team •Large Low Grade Gold Resource •In one of worlds best gold/nickel provinces •Scoping/Pre-feasibility study underway •Exploration upside- gold and nickel •Low EV/Resource oz = great leverage to gold price Kalgoorlie-Boulder Reso

  34. Slide 34: Thank You

    For personal use only Thank You Kalgoorlie-Boulder Resources Ltd Page 33 © KBRL 2008

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