Kingsrose Mining Ltd · ASX:KRM
Kingsrose Mining — Shareholder Meeting (November 2013)
15 slides from Kingsrose Mining's shareholder meeting presentation, Nov 7, 2013
Slide 1: High Grades & Low Costs: The Springboard to Future Growth
High Grades & Low Costs ... The Springboard to Future Growth Annual General Meeting | 7 November 2013
Slide 2: Disclaimer
Disclaimer The information contained in this document (“Presentation”) has been prepared by Kingsrose Mining Limited (“Kingsrose” or the “Company”). This Presentation does not constitute an offer or invitation to any person to subscribe for or apply for any securities in the Company. While the infor
Slide 3: Kingsrose Mining Limited – A Snapshot
Kingsrose Mining Limited – A Snapshot Capital Structure (ASX:KRM)1 Board & Management Shares on issue 335m John Morris Chairman Share Price ~40c Tim Spencer Exec Director, CEO Market Cap ~$134m Bill Phillips Non Exec Director Av. Daily Volume 320,000 Andrew Spinks Non Exec Director Cash in Bank $8.1
Slide 4: The Way Linggo Project – Key Value Drivers
The Way Linggo Project – Key Value Drivers Resources Rich Location “Rim of Fire” in Sumatra, Indonesia - low sulphidation epithermal system Established Project (85% owned) 2 mines & 1 processing plant on 100km2 of secure title (4th generation CoW) Outstanding Grades Specialist high-grade narrow vein
Slide 5: The Way Linggo Project – The Next Chapter
The Way Linggo Project – The Next Chapter • Talang Santo mine is much larger than the Way Linggo mine and remains open • Process plant current capacity 140,000tpa but expandable to 200,000tpa for minimal capex (<$2m) • A geological review of the Way Linggo mine and its surrounds is underway • Additi
Slide 6: The Talang Santo Mine
The Talang Santo Mine • Much larger than the Way Linggo orebody and remains open along strike and at depth • Development work completed to date has revealed bonanza style grades – up to 125g/t • Located 17 Km by haul road from the processing plant • Major cluster of epithermal veining still to be ev
Slide 7: Talang Santo – High grades and High Potential for Growth
Talang Santo – High grades and High Potential for Growth • 3 horizontal cross cuts completed laterally across the ore body exposed the hanging wall vein • Grades & widths encountered across the mineralised zone exceed mine modelling • Provides good indication of the ranges of gold grades likely to b
Slide 8: Talang Santo – The Current Mine Design
Talang Santo – The Current Mine Design • Current mine design to level 6 showing main level access drifts, sublevel stoping drifts, ventilation/ore passes and haulage shafts 8
Slide 9: Talang Cluster - Activities Ramping Up
Talang Cluster - Activities Ramping Up Ore at Talang Santo mine Drill core from under ground rig Exploration shaft at Talang Semin Drill rigs on standby 9
Slide 10: Contract of Work - Exploration Footprint Expanding
Contract of Work - Exploration Footprint Expanding • 100km2 land holding in prolifically mineralised area (“Rim of Fire”) • Held under highly prized 4th generation Contract of Work (CoW) with Indonesian Govt • Numerous defined epithermal zones/targets within the Project area • In particular, multipl
Slide 11: The Way Linggo Mine – A New Approach
The Way Linggo Mine – A New Approach • Geological review of the Way Linggo Mine and surrounds in progress • Expert consultants engaged to assist Project team to review historical data collated over period of the mines operation – identification of new exploration targets • Seven 100ha blocks surroun
Slide 12: Past, present, future performance
Past, present, future performance Past (June 2010 – July 12) Ø Project EBITDA: USD $83m Ø Gold Produced: 64,706oz Ø Mined gold grade: 13.1g/t Ø EBITDA/Oz: USD$1,282 Ø Costs: C1 USD $207/oz1 C3 USD $491/oz2 Present (FY 2013) Ø Break even Future (FY 2014 and beyond) Ø Production of more ounces
Slide 13: Community Initiatives – Co-operation & Engagement
Community Initiatives – Co-operation & Engagement Health Initiatives • Substantial food & equipment donations • Subsidised medical care, including malaria control & prevention & birth control Education Initiatives • Student scholarships & teacher allowances • School building renovations Economic Sti
Slide 14: Health, Safety & the Environment
Health, Safety & the Environment Health & Safety Initiatives • Comprehensive health & safety training regularly provided to all employees, contractors and visitors to site • Recipient of “Gold Flag” certificate in recognition for the creation of a safe and responsible work environment Environmental
Slide 15: Contact Details
Contact Details: Tim Spencer – Executive Director, CEO +61 8 9486 1149 info@kingsrosemining.com.au www.kingsrosemining.com.au ASX:KRM ACN 112 389 910 15
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