KBL Mining — Diggers and Dealers Forum 2015
18 slides from KBL Mining's conference presentation, Aug 4, 2015
Slide 1: KBL Mining Diggers and Dealers Forum
KBL Mining Diggers and Dealers Forum 4 August 2015 Brian Wesson, Managing Director KBL Mining Limited (ASX: KBL)
Slide 2: Disclaimer
Disclaimer This presentation and these materials (together the “Presentation”) has been prepared by KBL Mining Limited ABN 38 129 954 365 (ASX:KBL) (“KBL”) as an Investor Presentation. By participating in this Presentation or reviewing or retaining these materials, you acknowledge and represent that
Slide 3: Qualification
Qualification The information within this presentation on the Mineral Hill and Sorby Hills Projects is extracted from the ASX Reports available on the KBL Mining Website: www.kblmining.com.au Slide 6: The Mineral Hill global resource inventory is inclusive of Measured, Indicated and Inferred Resourc
Slide 4: Corporate Snapshot
Corporate Snapshot KBL Mining Limited (ASX:KBL) - Producer, developer and explorer of precious and base metals with substantial exposure to gold, silver, copper, lead and zinc Market Capitalisation Jim Wall David Laing Non-Executive Non-Executive Director Chairman Vice President Quintana Shares Outs
Slide 5: KBL Share Price
KBL Share Price USD23m balance sheet restructure, CIL New Capri selling Kidman selling stock construction and Pearse development management
Slide 6: KBL Mineral Field Total Mineral Resource Inventory
KBL Mineral Field Estimated Total Mineral Resource Inventory 4.9 Million tonnes @ 1.1% Cu, 1.7% Pb, 0.8% Zn, 1.4g/t Au & 38g/t Ag
Slide 7: Mineral Hill - Pearse Gold-Silver Open Cut
Mineral Hill - Pearse Gold-Silver Open Cut 298kt @ 6.5g/t Au & 80g/t Ag Budget operating cost mine and mill 50$/t • High grade gold-silver resource • 800 metres from existing processing plant • Low strip ratio 8.5 • Will contribute circa $40 million in cash flow • Gold leach circuit underway to incr
Slide 8: Mineral Hill - Southern Ore Zone
Mineral Hill - Southern Ore Zone • Successful underground drilling campaign supports SOZ Resources 1,985kt @ 1.2% Cu, 1.4% Pb, 1.1% Zn, 1.8g/t Au & 19g/t Ag • Continuing underground drilling confirms continuity of high grade mineralisation below current mining levels • Drilling focused on new A Lode
Slide 9: The Plan – to sustained profitability
The Plan – to sustained profitability One - Open 40 and 20 level resource to keep plant full and sustain the company while open cut is developed. Two - Develop the Pearse open cut and produce gold concentrate in September Three - Construct CIL and commission in November Four - Upgrade the flotation
Slide 10: The Plan for the longer term
The Plan for the longer term One - Accelerate development to open underground reserves for beyond the surface mining Two - Surface infill drilling of know resources Jacks Hut Pearse North and others Three - Underground infill drilling for longer term
Slide 11: KBL Score Board – New Plan Aug 14
KBL Score Board – New Plan Aug 14 • Repair balance sheet and fund projects 35 million raised in last 12 months • Develop Pearse Open cut First bench complete, second bench in ore • Move to three concentrate streams Three concentrates produced, with the zinc flotation upgrade complete August •
Slide 12: What’s Next
What’s Next • Largest undeveloped near surface silver-lead-zinc resource in Australia, located 50km north of Kununurra, WA. 16.5Mt @ 4.7% Pb, 0.7% Zn & 53g/t Ag • KBL have a substantial footprint in an emerging mining district. • Opportunity to develop remaining Resource base for multi-decade operat
Slide 13: Appendix 1: Mineral Hill Resources
Appendix 1 : : Mineral Hill Resources Pearse Cut-off Grade 1g/t Au Oxide-Transitional & 2g/t Au Fresh (As released 19 November 2011) Tonnes Grade Contained metal Category (thousands) Silver g/t Gold g/t Silver (oz) Gold (oz) Measured 226 84.0 6.7 611,430 48,769 Indicated 71 67.0 5.7 153,803 13,085 T
Slide 14: Appendix 2: Mineral Hill Resources
Appendix 2 : : Mineral Hill Resources Red Terror Cut-off grade 1.5% Cu Eq. (As released on 14 June 2013. Adjusted for depletion from mining activities til 30 November 2013) Tonnes Grade Contained metal Category Copper Gold (thousands) Copper % Lead % Zinc % Silver g/t Gold g/t Lead (kt) Zinc (kt) Si
Slide 15: Appendix 3: Mineral Hill Reserves
Appendix 3 : : Mineral Hill Reserves Pearse Reserves Cut-off Grade 1g/t Au Oxide, 2g/t Au Primary (As Released 20 October 2011) Tonnes Grade Contained metal Category Oxidation (thousands) Silver g/t Gold g/t Silver (oz) Gold (oz) Primary 28 76.0 6.9 68,417 6,212 Probable Oxide 18 14.0 4.4 8,102 2,54
Slide 16: Appendix 4: Sorby Hills Resources
Appendix 4 : : Sorby Hills Resources Targeting accelerated development of a multi-decade mining operation Sorby Hills - Global Silver-Lead Resource Cut-off Grade 2.5% Pb (As released 22 December 2011 & updated to incorporate 29 November 2013 DE Resource Estimate) Tonnes Grade Contained metal Categor
Slide 17: Value Proposition KBL Mining (KBL)
Value Proposition KBL Mining (KBL) Refinancing- Clean Balance sheet, projects funded and working capital raised • USD23 M ( AUD30 M) raised on 16th March from Quintana through a participative ✔ • • metal stream A$3 million raised in late July for working capital KBL has repaid the Capri debt of AUD
Slide 18: Contact Us
Contact Us (02) 9927 2000 info@kblmining.com.au www.kblmining.com.au