Kingsgate Consolidated Limited · ASX:KCN
Kingsgate Consolidated — Corporate Update (February 2011)
19 slides from Kingsgate Consolidated's corporate update, Feb 4, 2011
Slide 1: ASX cover letter: Amended Kingsgate Update February 2011 Presentation
For personal use only 4 February 2011 Via ASX Online (19 pages including cover) Manager Company Announcements Office Australian Securities Exchange Dear Sir/Madam, Amended Kingsgate Update February 2011 Presentation Please find attached amended Kingsgate Update February 2011 presentation with Ore Re
Slide 2: Kingsgate Update February 2011
Kingsgate Consolidated Limited For personal use only Kingsgate Update February 2011
Slide 3: Disclaimer
Disclaimer For personal use only 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 4: Dominion Joins Kingsgate
Dominion Joins Kingsgate For personal use only • Overwhelming vote in favour of Dominion Scheme of Arrangement • Share Scheme proxies lodged • Total 67.9M Holders 1,033 • For 66.5M (98.0%) • Against 1.0M (1.5%) • Open 0.5M (0.5%) • Court Hearing on Friday 4 February • Scheme anticipated to be effect
Slide 5: Dominion Assets
Dominion Assets Challenger underground mine in South Australia For personal use only Gold production rate ~100,000 ounces pa Exploration targets to increase reserve and resource position Ungeared balance sheet and healthy cash balance Prospective portfolio of regional exploration tenements
Slide 6: Challenger Gold Mine
Challenger Gold Mine For personal use only Reserves of 421,650 ounces (as at June 30, 2010) Resources of 950,220 ounces (as at June 30, 2010) Dec Qtr 2010 production 25,195oz @ cash cost $769/oz Strong reserve increase since commencement and further reserve growth anticipated
Slide 7: December Quarter Summary
December Quarter Summary For personal use only • Chatree Gold Production 21,451oz • Low Cash Costs US$458/oz (including US$117 Thai royalty) • Expansion on Time & Budget • Drilling advances u/g potential • Access to high grade C North in 2HY • FY2011 Production 110Koz – 120Koz
Slide 8: Production Statistics
Production Statistics Quarterly Gold Production & Grade g/t For personal use only Au US$ Production Grade 2.5 50,000 2.0 2 Production in-line with 40,000 30,000 1.5 40,224 1.6 1.5 1.5 expectations 20,000 29,302 32,646 30,456 1.2 1.2 1 21,833 21,451 0.5 Throughput 648,770 tonnes 10,000 0 0 Sep 09
Slide 9: Expansion on Time and Budget
Expansion on Time and Budget For personal use only Chatree processing plant capacity increase from 2.3 to +5 Mtpa Commissioning expected September Quarter 2011 Increase production rate up to 200,000 ounces per year Project capex: ~US$56M expensed; Remaining~US$69M Positive expressions of interest fr
Slide 10: Expansion 60% complete
Expansion 60% complete For personal use only
Slide 11: Underground Potential
Underground Potential For personal use only
Slide 12: Corporate Social Responsibility
Corporate Social Responsibility World Safest Gold Mine For personal use only 15.6M hours worked (8 years) No incidents Zero Environmental Incidents ISO Standards on all activities Zero Accident Award Thailand National 2010.jpg Only mining company granted Occupational Safety & Health Award S
Slide 13: Kingsgate in Control of Laguna
Kingsgate in Control of Laguna ARQUEROS For personal use only ASX listed (ASX:LRC) Off market takeover offer of 1 KCN share for every Santiago 520 LRC shares Kingsgate moves to control with over 67% Gavin Thomas appointed Chairman Bid now final and closes on 15 February 2011 Main asset i
Slide 14: Arqueros Field Work Resumes
Arqueros Field Work Resumes Arqueros Camp re-established For personal use only Underground resource drilling commences Gaston Araya appointed VP Operations Plan to fast-track Arqueros through feasibility study into production Arqueros
Slide 15: Kingsgate Geographic Diversity
Kingsgate Geographic Diversity For personal use only Chatree Arqueros Challenger
Slide 16: Growing gold producer
Growing gold producer For personal use only Production Plant expansion on time and on budget Growth Commissioning expected Sept Qtr 2011 Resource Drilling continues to advance Growth underground potential Diversified Australia: Dominion s/h vote in favour Production Chile: Control of Laguna achieved
Slide 17: General Disclaimer
Kingsgate Consolidated Limited For personal use only General 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 presenta
Slide 18: Appendix 1. Chatree
Appendix 1. Chatree For personal use only Chatree Ore Reserves as at 30 June 2010 (>0.4g/t gold cut-off grade) Source Category Tonnes Gold Grade Silver Grade Gold Contained Silver Contained (millions) (g/t) (g/t) (million ounces) (million ounces) From Pits Proved 37.4 1.00 9.5 1.20 11.42 Probable 18
Slide 19: Appendix 2. Challenger
Appendix 2. Challenger For personal use only Challenger Ore Reserves as at 30 June 2010 Source Category Tonnes Gold Grade Gold Contained (thousands) (g/t) (thousand ounces) From Mine Proved 318 5.8 59 Probable 1,834 6.0 352 Stockpiles 157 2.1 9 Challenger Total Total 2,310 5.7 420 Challenger Mineral
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