Kingston Resources Ltd. · ASX:KSN
Kingston Resources — Shareholder Meeting (November 2019)
11 slides from Kingston Resources's shareholder meeting presentation, Nov 6, 2019
Slide 1: Advanced gold exploration in the Asia-Pacific: 2.8Moz Resource
For personal use only Advanced gold exploration in the Asia-Pacific: 2.8Moz Resource, high-impact drilling programs underway in Australia and PNG Annual General Meeting Andrew Corbett, Managing Director 6 November 2019 ASX: KSN www.kingstonresources.com.au
Slide 2: Disclaimer
Disclaimer Forward Looking Statements For personal use only Certain statements contained in this presentation, including information as to the future financial or operating performance of Kingston Resources Limited (“KSN”) and its projects, are forward looking statements. Such forward looking statem
Slide 3: Investment Snapshot
Investment Snapshot For personal use only • ASX-listed gold explorer and developer (ASX: KSN) • Two high-quality projects – PNG and WA • Misima Gold Project, PNG: • 2.8Moz JORC Resource with significant exploration upside • Extensive mining history – significantly de-risks future development • Poten
Slide 4: Kingston Exploration & Development Strategy
Kingston Exploration & Development Strategy For personal use only • Existing 2.8Moz JORC Resource forms the backbone of the project development strategy • Currently drilling near-surface targets to define early mill feed • Aim to increase Resource inventory to +3.0Moz • Key targets include: • Quartz
Slide 5: Kingston Exploration & Development Strategy: drilling productivity
Kingston Exploration & Development Strategy For personal use only Substantial increase in drilling productivity • Addition of second rig delivers 251% increase in drilling metres • 1,261m drilled in October, compared with the September quarter monthly average of 494m. Misima North drilling underway
Slide 6: Misima: Locals' support is key to success
Misima: Locals’ support is key to success • 130-year history of artisanal mining For personal use only • Skilled resident workforce, with over 100 FIFO Misima residents • Kingston Project Manager, Charles Yobone, is working closely with local landowners • Strong local support of Kingston’s program,
Slide 7: Misima: Active work program advancing
Misima: Active work program advancing For personal use only CY2019 CY2020 Sep Q Dec Q Mar Q Jun Q Sep Q Dec Q Regional fieldwork Regional drilling JORC Resource Update Mining studies Project approvals 7 www.kingstonresources.com.au
Slide 8: Livingstone Gold Project (75%)
Livingstone Gold Project (75%) For personal use only • 140km NW of Meekatharra in Western Australia • Kingsley discovered in 2018 below auger soil anomaly • Homestead Prospect hosts a 49,000oz JORC 2004 Resource1, with shallow high-grade intersections including: • 18m @ 7.85g/t Au from 68m • 5m @ 20
Slide 9: Livingstone Gold Project: Kingsley discovery
Livingstone Gold Project Kingsley discovery1 For personal use only Historic workings at Livingstone North (left) and east of recent RC drilling at Kingsley (right), both areas to be drilled 1.2km of Kingsley strike remains untested 1. KSN announcements 11/10/18 & 5/11/18 9 www.kingstonresources.com.
Slide 10: In Summary…
In Summary… For personal use only • Exceptional large-scale production opportunity at the Misima Gold Project in PNG – significantly de-risked given extensive production history • Misima ticks all the boxes: proven geological setting, proven mining history, high-quality untested exploration targets
Slide 11: Contact
Contact For personal use only Andrew Corbett – Managing Director Chris Drew – Chief Financial Officer P: +61 2 8021 7492 E: info@kingstonresources.com.au Kingston Resources Limited Suite 201/110 Pacific Highway, North Sydney, NSW 2060 www.kingstonresources.com.au 11 www.kingstonresources.com.au
Kingston Resources — Shareholder Meeting (November 2019) on 6ix