Kgl Resources Limited · ASX:KGL
Kgl Resources — Kentor Gold — Investor Presentation (July 2009)
25 slides from Kgl Resources's investor presentation, Jul 6, 2009
Slide 1: Andash Gold Copper Project
For personal use only Andash Gold Copper Project Simon Milroy Managing Director 6th July 2009
Slide 2: Central Asia
For personal use only Central Asia
Slide 3: Kentor Kyrgyz Tenements
For personal use only Kentor Kyrgyz Tenements
Slide 4: Andash Key Points
For personal use only Andash Key Points •Feasibility Study Complete •Environmental and Social Impact Assessment Complete •Mining Licence Issued •Low cost open pit with strip ratio 0.8/1. •JORC Compliant resources 680,000 Oz gold and 77,000 Tonnes copper •KGL holds $US100,000 option to purchase proje
Slide 5: Andash Project
For personal use only Andash Project + Easy topography + Good Road access (Sealed road to site) + Nearby power (15km to 500 kV Sub Station) + Nearby water (On Site) + Nearby rail (110 km on sealed road) + Simple metallurgy + High quality concentrate (No penalty elements)
Slide 6: Aurum Feasibility Study – Key Findings
For personal use only AURUM FEASIBILITY STUDY – Key Findings • Feasibility Study Completed by Wardell Armstrong International in Jan 2007 • 2 million tonnes per annum • Simple circuit Crush Grind Float • High Grade Concentrate 22.3% Copper, 82 g/t Gold • No deleterious elements • Capital Cost US$55.
Slide 7: Aurum Mining – Why Selling?
For personal use only Aurum Mining – Why Selling? Slide 1 of 2 • Raised development capital in 2007 • Their share market capitalisation US$120 m at December 2007 • Attempted development with no local interest • Court case started challenging ownership of project • Aurum gave 20% of Andash project to
Slide 8: Aurum Mining – Why Selling?
For personal use only Aurum Mining – Why Selling? Slide 2 of 2 Aurum had a shortfall in their funding due to : 1) The costs of managing the company for the year whilst in litigation 2) The cash was in sterling, the major costs were in dollars and the currency moved against them 3) They were forced t
Slide 9: Geology and Mineralisation
For personal use only Geology and Mineralisation •The Andash deposit is one of a number of gold-copper occurrences distributed along a structurally-controlled east-west trending porphyry belt in northwest Kyrgyzstan. •The gold-copper mineralisation of Zone 1 is hosted within a cylindrical body of er
Slide 10: JORC Compliant Resources
For personal use only JORC COMPLIANT RESOURCES
Slide 11: Andash is a High Grade copper/gold project
For personal use only Andash is a High Grade copper/gold project Project Cu Grade (%) Au Grade (g/t) Ore Value/tonne (US$/t)* Andash Resource 0.40 1.10 $ 51.83 Phu Kham Resource 0.65 0.25 $ 39.73 Lumwana Resource 0.76 0.02 $ 38.58 Cadia Open Pit Resource 0.14 0.60 $ 24.36 Telfer Open Pit Resource 0.
Slide 12: Planned Annual Output
For personal use only Planned Annual Output • Annual Gold Production 60,000 oz • Annual Copper Production 5,000 t
Slide 13: Cash Flow
For personal use only Cash Flow • Project pre-tax average annual cash flow US$45m* (KGL 80%) • Project NPV =US$150m (10% discount rate) * Using US2$/lb copper and US$900/oz gold
Slide 14: Plant Site / Open Pit
For personal use only Plant Site Open Pit
Slide 15: View From Planned Pit
For personal use only View From Planned Pit
Slide 16: Development timetable
For personal use only Development timetable • 2009 Due diligence and Funding • 2010 Commence Construction • 2011 Commissioning and ramp up to Full Production
Slide 17: Open Pit Long Section
For personal use only Open Pit Long Section •Low Strip Ratio •Base of pit follows footwall •Opportunity for high grade starter pit
Slide 18: Exploration Upside
For personal use only Exploration Upside Zone 1 Zone 2 Zone 3 Nakhodka Tokhtonysay Jerjanak Chonkyshto
Slide 19: Prospective Exploration – Nakhodka
For personal use only Prospective Exploration • Nakhodka (350m from planned pit) • The zone is represented by strongly altered breccia with intensive sulphide mineralisation (pyrite/chalcopyrite) and visible gold. Structurally it is a flat North-dipping thrust zone with distinct geological and miner
Slide 20: Prospective Exploration – Tokhtonysay
For personal use only Prospective Exploration • Tokhtonysay (6 km from planned Zone 1 pit) • An IP anomaly 600m by 300m in size. Its characteristics are typical of a porphyry system and are similar to Zone1 • The initial drill hole at Tokhtonysay hit mineralisation from the surface to a depth of 85m
Slide 21: Mining & Construction Fleet
For personal use only Mining & Construction Fleet • Option to purchase for US$5m • Replacement Cost US$9m • Mining Fleet Construction Fleet • 2 x Excavators •2 x Cranes • 9 x Trucks •2 x Compactors • 2 x Dozers •1 x Backhoe • 2 x Graders •1 x Bobcat • 2 x Drills •2 x Crane Trucks •1 x Fuel Tanker •
Slide 22: Mining Fleet
For personal use only Mining Fleet
Slide 23: Construction Fleet
For personal use only Construction Fleet
Slide 24: Strategy
For personal use only Strategy • Bring Andash Zone 1 into production at 2m tpa, enabling the Company to be re-rated as a producer • Aggressive drilling programme on exploration opportunities with key focus on Tokhtonysay and Nakhodka • Obtain JORC resource classification on Zones 2 and 3 • First mov
Slide 25: Contact and Forward-Looking Statements
For personal use only ASX Code: KGL www.kentorgold.com.au Simon Milroy Level 36, Riparian Plaza, 71 Eagle St, Brisbane, QLD, Managing Director AUSTRALIA 4000 info@kentorgold.com Phone: (07) 3121 3206 Fax: (07) 3121 3030 Forward-Looking Statements: This presentation includes certain “Forward-Looking