Pilbara Gold Limited · ASX:PGL
Pilbara Gold — Kairos Minerals — Investor Presentation (February 2025)
17 slides from Pilbara Gold's investor presentation, Feb 26, 2025
Slide 1: Advancing the Mt York Gold Project
For personal use only ADVANCING THE MT YORK GOLD PROJECT TARGETING RESOURCE GROWTH AT THE PILBARA’S LARGEST UNDEVELOPED FREE-MILLING GOLD PROJECT FEBRUARY 2025 ASX: KAI
Slide 2: The Mt York Gold Project
THE MT YORK GOLD PROJECT 100% OWNERSHIP OF THE PILBARA’S BIGGEST, UNDEVELOPED, FREE-MILLING GOLD PROJECT For personal use only SCOPING STUDY RESOURCE GROWTH WELL FUNDED CONFIRMS ROBUST ECONOMICS 1.4Moz IN SINGLE OPEN PIT $12.36M, +$10M EXPECTED IN AT CONSERVATIVE GOLD PRICE EXPANDED EXPLORATION PORT
Slide 3: Company Profile
COMPANY PROFILE ASX:KAI Kairos Minerals is an ASX-listed, well-funded gold developer of the 100%-owned flagship 1.4 Moz Mt York Gold Project, in the heart of For personal use only WA's mineral-rich Pilbara region. KAI's Board & Management has proven experience in developing projects up the value-cha
Slide 4: Gold Rush in the Pilbara
GOLD RUSH IN THE PILBARA MULTI-MILLION-OUNCE DISTRICT, BIG RECENT DISCOVERIES AND MERGERS & ACQUISITIONS MT YORK GOLD PROJECT For personal use only GROWING RESOURCE BASE ROBUST SCOPING STUDY 367km2 PROSPECTIVE NEIGHBOURING TENEMENTS MULTI-MILLION-OUNCE POTENTIAL NEW GOLD DISCOVERIES GIANT HEMI GOLD
Slide 5: 1.4 Moz Gold Resource with Big Upside
1.4 MOZ GOLD RESOURCE WITH BIG UPSIDE RESOURCE GROWTH TOP PRIORITY IN 2025 For personal use only Current Resource (0.3 g/t cutoff) • 26.36 Mt @ 0.91 g/t Au for 771 koz (Ind) • 36.59 Mt @ 0.74 g/t Au for 871 koz (Inf) • 62.95 Mt @ 0.81 g/t Au for 1,639,000 ozs (Ind+Inf) Current Resource (0.5 g/t cuto
Slide 6: Mt York Mineral Resource Growth
MT YORK MINERAL RESOURCE GROWTH A QUALITY ASSET THAT KEEPS GROWING WITH EVERY DRILL PROGRAMME For personal use only Main Trend Resource Growth Over Time 2,500,000 Indicated Total Resource 2,000,000 1,500,000 1385koz 1,000,000 899koz 699koz 486koz 500,000 123koz 0 44koz 210koz 284koz 445koz 690koz (3
Slide 7: Mt York 2024 Scoping Study
MT YORK 2024 SCOPING STUDY TECHNICALLY AND FINANCIALLY ROBUST GOLD PROJECT1 8-year For personal use only LIFE OF MINE Built on conservative gold price of A$3,500/oz, current gold price of A$4,585 (LOM) creates improved economic returns (see Tornado plot below) 4Mtpa for best ROI, with modelling vari
Slide 8: One Large, Single Open Pit
ONE LARGE, SINGLE OPEN PIT MAIN TREND MINERALISATION CAPTURED WITHIN 3KM MINE DESIGN IN SCOPING STUDY For personal use only 2.5, 4.0 & 5.0Mtpa mining & processing scenarios reviewed at Main Trend Estimated 25.6Mt mineralisation for 747,000oz Au to be mined for 657,200 Pit stages at prospects Main Hi
Slide 9: Simple Metallurgy, Conservative Estimates
SIMPLE METALLURGY, CONSERVATIVE ESTIMATES For personal use only SCOPING STUDY TEST WORK COMPLETED BY LEADING CONSULTANTS 88% metallurgical recovery estimated for fresh mineralisation (80.8% of Mineral Resource Estimate or MRE) through conventional carbon-in-leach (CIL) circuit Improvements expected
Slide 10: Brownfield (Near Mine) Targets
BROWNFIELD (NEAR MINE) TARGETS NEAR TERM RESOURCE GROWTH Main Hill Extension1 For personal use only • 1,500m of mineralisation extends on to PLS ground • KAI to acquire gold & base metal rights over 367km2 of ASX:PLS licences and applications, per KAI announcement dated Aug 1, 2024 • KAI prioritisin
Slide 11: Greenfield Targets
GREENFIELD TARGETS EXPLORATION UPSIDE For personal use only Gilt Dragon • 10m @ 2.04 g/t Au from 4m (GL15) • Incl 2m @ 6.6 g/t Au from 4m • 17m @ 1.00 g/t Au from 3m (GL10) • Incl 2m @ 4.73 g/t Au from 14m • 6m @ 2.10 g/t Au from 14m (GL14) • 4m @ 1.2 g/t Au from 16m (GL8) Lucky 13 ELA 45/6298 • Lar
Slide 12: Peer Comparisons
PEER COMPARISONS1 BASIS OF PEER GROUP SELECTIONS Gold-dominant or gold equivalent commodity project Value is attributed largely to a single gold project Project must be at, or close to scoping study level but at least have a mineral resource estimate Project location preferred in Australia use only
Slide 13: Outlook and Next Steps
OUTLOOK AND NEXT STEPS A DEFINITIVE PATHWAY TO DEVELOPMENT 2023/24 Achievements 2025 Goals 2026 Goals For personal use only • Mining Lease Application (MLA) • Drilling (RC, DDH) (20,000-30,000m) • Minor Drilling (RC, DDH) • Drilling (RC, DDH) (11,013.6m) • Resource modelling • Resource Modelling • R
Slide 14: Investment Drivers
INVESTMENT DRIVERS ROBUST PROJECT ECONOMICS, BIG DRILLING, ROBUST RESOURCE GROWTH TARGET, BLUE SKY For personal use only PROJECT CORPORATE EXPLORATION POSITIONING 100% ownership, stable $12.4m cash balance1, Fully-funded 30,000m Gold price tailwinds jurisdiction additional $10m drilling in 2025 High
Slide 15: Contact Us
For personal use only Contact Us KAIROS MINERALS LTD Suite 12, Level 1, 100 Railway Road, DAGLISH WA 6008 T: +61 (0)8 6380 1904 E: info@kairosminerals.com.au Investor Relations Nathan Ryan NWR Communications T: +61 (0)420 582 887 ASX:KAI kairosminerals.com.au F: YAJ ASX: KAI
Slide 16: Disclaimer
DISCLAIMER The information contained in this presentation is for informational purposes only and does not constitute an offer to issue, or arrange to issue, securities or other financial products. The information contained in this presentation is not investment or For personal use only financial pro
Slide 17: Peer Comparison Companies
PEER COMPARISON COMPANIES APPENDIX 1 Record Commodit Development Share MktCap Cash Debt EV Measured Indicated Inferred Resource Ounces EV/Resources For personal use only Name Exchange Project Country Ownership Shares Date of Source Date(s) y Status Price (A$) (A$M) (A$M) (A$M) (A$M) (MOzs) (Mozs) (M
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