Kingston Resources Ltd. · ASX:KSN
Kingston Resources — Blue Ocean Precious and Base Metals Conference (February 2025)
26 slides from Kingston Resources's conference presentation, Feb 4, 2025
Slide 1: Corporate Presentation - Gold and Copper Producer
For personal use only Corporate Presentation GOLD AND COPPER PRODUCER FEBRUARY 2025 www.kingstonresources.com.au I ASX: KSN
Slide 2: Important notices and disclaimer
Important notices and disclaimer For personal use only Forward Looking Statements Mineral Hill Gold Bar Certain statements contained in this presentation, including information as to the future financial or operating performance of KSN and its projects, are forward looking statements. Such forward l
Slide 3: Important notices and disclaimer
Important notices and disclaimer Exploration by Other Explorers For personal use only This presentation contains information sourced from the reports of other Explorers. References to the original reports are provided as footnotes where the information is cited in this presentation. KSN does not vou
Slide 4: Kingston Resources: Investment highlights
Kingston Resources: Investment highlights For personal use only Extended Mine Life to 2030+: Maiden underground Ore Reserve extends life of mine beyond six years, boosting payable metal1. Mineral Hill Processing Plant: Operating at full capacity, weekly gold/silver dore sales. Copper production from
Slide 5: Corporate snapshot
Corporate snapshot 1-Year Share Price Performance Market Volume('000) RHS Close Price (A$) (LHS) Shares on issue 821m For personal use only 0.12 35,000 Warrants & options2,3 168.4m 0.1 30,000 0.08 25,000 Share price $0.076 20,000 0.06 15,000 Market cap $62m 0.04 10,000 0.02 5,000 Cash @ 31 Dec 20241
Slide 6: Mineral Hill Gold and Copper Mine
Pearse North November 2024 For personal use only Mineral Hill Gold and Copper Mine www.kingstonresources.com.au I ASX: KSN Corporate Presentation | February 2025 6
Slide 7: Mineral Hill – Life of Mine extended to 2030
Mineral Hill – Life of Mine extended to 2030 Six-year mine life extension with a strategy to grow 1 For personal use only Pearse North open pit mining operations • Cash flow from open pit mining: Currently mining free-milling ore, producing gold/silver dore. • Building mining capability: Owner minin
Slide 8: Open Pit Mining – Pearse North
Open Pit Mining – Pearse North Successful Production, Processing and Financial Performance1 For personal use only December 2025 quarterly results: • Increased Revenue: $14.4 million (+113% QoQ) • Operating cashflow: $6.4million • Strong Gold Sales: 3,261 ounces • Higher Realised Gold Price: $4,101/o
Slide 9: Maiden Underground Ore Reserve
Maiden Underground Ore Reserve Building the foundations to grow For personal use only • Six-year life of mine with highly versatile processing plant. • Total open pit and underground Ore Reserves1 increased to 1.1Mt. • Copper and gold comprise 85% of the payable metal in AuEq terms. Copper and gold
Slide 10: SOZ Underground – Drilling Program
SOZ Underground – Drilling Program Expanding Resources and extending operational life of mine For personal use only Andrew Corbett at SOZ Underground Mine • Drilling commences in February 2025. • Focus: Infill and extension of existing resources, targeting both stope shapes and high-grade lodes. • P
Slide 11: Increase scale at Mineral Hill
Increase scale at Mineral Hill Strategy on expanding Mineral Resources and making new discoveries For personal use only EOZ high GD140 Parkers Hill Currently 7.2Mt of grade Au target MRE update and underground resources target extensions Plan: • Underground drilling Red Terror • Update Mineral Resou
Slide 12: Exploration potential at depth and regionally
Exploration potential at depth and regionally Mineral Hill remains open at depth and along the regional trends For personal use only Extension potential at depth and regionally: • Depth of drilling at Mineral Hill less than 500m depth • Key mineral deposits in Cobar extend to ~1.8km • Numerous regio
Slide 13: Grow the operating scale with regional exploration
Grow the operating scale with regional exploration Highly prospective drill targets and geochemical signatures For personal use only Shift to creating value with exploration • Capital spend on mining and processing now largely complete • Cash flow from Mineral Hill and potential Misima transaction A
Slide 14: Add projects within trucking distance to Mineral Hill
Add projects within trucking distance to Mineral Hill Mineral Hill is the only processing facility in the southern Cobar Basin For personal use only Grow resources and expand grinding and flotation 700 Approved 380 for 700ktpa Current Expansion Potential Resource growth strategy Mineral Hill Regiona
Slide 15: Misima Gold Project
For personal use only Misima Misima Gold Mine – circa 1995 Gold Project Corporate Presentation | February 2025 15
Slide 16: Misima – high value growth asset
Misima – high value growth asset Large scale, long-life, low-cost open pit gold and silver mine For personal use only • Large, low-cost, 20-year gold project averaging Item Unit Base Spot 128koz gold per annum Gold Price USD/oz US$1,800/oz US$2,700/oz • Base case NPV of A$956m1 at a gold price Excha
Slide 17: Exploration Upside Potential and Site Layout
Exploration Upside Potential and Site Layout Excellent infrastructure and proven accessibility For personal use only Abundant Exploration Targets N • Potential for additional high-grade inventory by targeting the Umuna corridor. • Extension potential at depth and along strike. • New discovery potent
Slide 18: Misima Project history
Misima Project history 5 High leverage to the gold price 4 KSN initiates For personal use only sale/JV Gold Price 3 2022 process Misima $2,500.00 2021 DFS 2 Resource 5 2019 – KSN grows to 1 completes 3.8Moz 4 $2,000.00 2017 - KSN 100% 3 commences ownership Misima earn-in 2 $1,500.00 1 2004 1988 Misi
Slide 19: Summary: Focus on executing our clearly defined strategy
Summary: Focus on executing our clearly defined strategy Leveraging the existing gold-copper asset base while advancing future growth opportunities For personal use only Experienced Management Team: Focus on maximising returns from Mineral Hill and Misima Prime Cobar Location: Mineral Hill in the Co
Slide 20: Appendix
For personal use only Appendix www.kingstonresources.com.au I ASX: KSN Corporate Presentation | February 2025 20
Slide 21: Highly experienced and well-regarded Executive Team
Highly experienced and well-regarded Executive Team Significant experience across the development life cycle through to production For personal use only Mick Wilkes Andrew Corbett Tony Wehby Stuart Rechner Non-Executive Chairman Managing Director Non-Executive Director Non-Executive Director Mick is
Slide 22: Building a safe and sustainable culture
Building a safe and sustainable culture For personal use only Investing in our people and our community A large employer in Condobolin ESG framework: safe, responsible and sustainable Investing in our local and residential workforce www.kingstonresources.com.au I ASX: KSN Corporate Presentation | Fe
Slide 23: Mineral Hill – Social License
Mineral Hill – Social License Environmental and Social Licence to operate For personal use only Permits in place for mining and processing Cash backed environmental bonds Tailings capacity in place and expansion plans scheduled Biodiversity offset established www.kingstonresources.com.au I ASX: KSN
Slide 24: Competent Person Statement
Competent Person Statement Competent Person’sStatement - Mineral Resource Reported in Accordance with 2012 JORC Code – Mineral Hill Competent Person’sStatement - Mineral Resource Reported in Accordance with 2012 JORC Code – Misima The information in this report that relates to the reporting of the M
Slide 25: Metal equivalents
Metal equivalents For personal use only This presentation quotes metal equivalent grades for the life of mine plan, Mineral Resources and Ore Reserves. Price assumptions used are based primarily on consensus forecasts with adjustments based on company expectations. Gold equivalent (AuEq) and copper
Slide 26: Misima Gold Project – Resources & Reserves
Misima Gold Project – Resources & Reserves Misima Resources & Reserves For personal use only Indicated Resource Inventory Misima Resources Total Au Ag C/O Au Ag Au Ag C/O Au Ag Deposit Mt (g/t) (g/t) (Moz) (Moz) Deposit Mt (g/t) (g/t) (Moz) (Moz) Umuna 93.5 0.78 4.3 0.3 2.4 13.1 Umuna 157.6 0.7 4.1
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