Kgl Resources Limited · ASX:KGL
Kgl Resources — Kentor Gold — Merger or Acquisition (April 2011)
15 slides from Kgl Resources's merger presentation, Apr 1, 2011
Slide 1: Kentor Gold Takeover offer for Jinka Minerals
KENTOR GOLD For personal use only Kentor Gold Takeover offer for Jinka Minerals 1st April 2011 Near term development of Gold and Copper Resources 1
Slide 2: Key terms of offer
Key terms of offer For personal use only A$7.8m for all Jinka shares and options on issue Repayment of Jinka loans of A$4.95m All cash offer to be funded from existing cash reserves 2
Slide 3: Location of Projects
Location of Projects For personal use only Burnakura (100%) 50km south of Meekatharra Gabanintha (100%) 45km southeast of Meekatharra Jervois (100%) 280km northeast of Alice Springs 3
Slide 4: Murchison Projects Burnakura - Gabanintha
Murchison Projects For personal use only Burnakura ‐ Gabanintha • The Burnakura and Gananintha projects are within 20km of each other, approximately 750km NE of Perth and south of Meekatharra • Good access from Great Northern Hwy and Meekatharra‐Sandstone Road • Planned work aimed at early conversio
Slide 5: Burnakura Gold Project - Summary
Burnakura Gold Project ‐ Summary For personal use only • 100% interest • Located 50km south of Meekatharra, Meekatharra WA • 47.5 km2 gold prospective tenements of pre pre‐1994 1994 granted mining leases • Open pit historic production of 216,250 oz (1.8 million tonnes at 3.8 g/t) • Open pit producti
Slide 6: Burnakura Gold Project - Targets
Burnakura Gold Project ‐ Targets For personal use only • Targeting additional mineralisation down plunge and along strike from existing pits. • Historical Production of Open Pit at a head ggrade of 3.8 g/ g/t • Existing 160ktpa CIL Plant needs minimal capital for recommissioning. Currently under Car
Slide 7: Burnakura Aerial View
Burnakura Aerial View For personal use only 7
Slide 8: Gabanintha Copper-Gold Project
Gabanintha Copper‐Gold Project For personal use only • 100% Interest • Located in the Archean Meekatharra Greenstone Belt of the Murchison Mineral District of WA • 90km2 including abandoned workings of Gabanintha gold mine • Historic gold production of over 180,000 oz including open pit historic pro
Slide 9: Gabanintha Copper-Gold Project Targets
Gabanintha Copper‐Gold Project For personal use only TARGETS • Key prospect ‐ Yagahong North Copper‐Gold Deposit • Recent exploration success on adjacent tenements at Lady Alma and Copper Hills 9
Slide 10: Gabanintha - Yagahong North
Gabanintha ‐ Yagahong North For personal use only Yagahong North is located just north of the Yagahong open pit Granted mining lease Aim to delineate and quantify a JORC compliant resource. Quality gold and copper drill results beneath and lateral to existing shallow pits Trucking distance
Slide 11: Gabanintha - Yagahong North Section
Gabanintha ‐ Yagahong North Section For personal use only 11
Slide 12: Gabanintha - Yagahong North Section
Gabanintha ‐ Yagahong North Section For personal use only 12
Slide 13: Jervois Base Metals Project - Summary
Jervois Base Metals Project j – Summaryy For personal use only 100% Interest Land holding 38km2 12km strike of prospective p p sequence All mining licences granted prior i tto iintroduction t d ti off N Native ti Title legislation Advanced multi‐metal prospect p p with over $5 million incu
Slide 14: Planned work programme
Planned work programme For personal use only • Delineate and quantify a JORC compliant resource at Gabanintha and Burnakura • Complete feasibility studies at Burnakura and Gabanintha for Open Pit extensions • Recommission the Burnakura Plant and possible increase in capacity • Complete infill drilli
Slide 15: Key Contacts
KEY CONTACTS For more information contact For personal use only Simon Milroy on +61 7 31213206 ASX Code: KGL or visit www.kentorgold.com Level 36, Riparian Plaza, 71 Eagle St, Brisbane, QLD, AUSTRALIA 4000 Fax: +61 7 3121 3030 Forward-Looking Statements: Competent Persons Statement: This presentatio