Kingsgate Consolidated Limited · ASX:KCN
Kingsgate Consolidated — Shareholder Meeting (November 2017)
28 slides from Kingsgate Consolidated's shareholder meeting presentation, Nov 23, 2017
Slide 1: Nueva Esperanza, Chile Exploration Overview
NUEVA ESPERANZA, CHILE EXPLORATION OVERVIEW KCN AGM 23 NOVEMBER 2017
Slide 2: Disclaimer
These materials include forward looking statements. Forward looking statements inherently involve subjective judgment & analysis & are subject to significant uncertainties, risks & contingencies, many of which are outside of the control of, & may be unknown to, the Company. Actual results and develo
Slide 3: Beyond
Kingsgate is an Australian based company with a long and successful history of operating gold and silver mines, with a former operating mine in Thailand and Australia and an exploration and development portfolio in Chile. Strategic pivot towards South America Australian portfolio divested in 2016, f
Slide 4: Chile: Building a portfolio in a great location
CHILE Building a portfolio in a great location Brownfields Exploration New and experienced team at Nueva Esperanza Greenfields Exploration New areas under application in the Maricunga belt New Projects Actively reviewing new projects in Chile 4
Slide 5: Nueva Esperanza Overview
Nueva Esperanza Overview Strategy – build off a robust PFS study & unlock the district exploration potential History – ~1Moz AuEq production under fragmented ownership. Now consolidated 100% KCN Scale – 45km2 alteration footprint / resource Differentiation – power & water options PFS to FS – metrics
Slide 6: Nueva Esperanza Flythrough
Nueva Esperanza Flythrough 6
Slide 7: Chile & Maricunga Belt – A Great Address
Chile & Maricunga Belt – A Great Address Chile – A Premier Jurisdiction Favored mining investment destination Worlds largest copper producer Top 20 global gold producer1 Maricunga Belt ‐ New Discoveries Defined total gold resources of >100M oz AuEq602 Extensive historical exploration in the south Re
Slide 8: Nueva Esperanza History
NUEVA ESPERANZA HISTORY Project History Historic bonanza silver production pre-Kingsgate Consolidation of district and resources by Kingsgate in 2011 Extensive work completed 2012-14 Kingsgate project breakthroughs in 2014-15 Teterita Gold discovery at Chimberos Arqueros Chimberos Structural cost re
Slide 9: Nueva Esperanza
NUEVA ESPERANZA High Sulphidation Epithermal Gold and Silver Mineral Resources Numerous ‘brown field’ exploration targets in Kingsgate’s Concession area Extensive (45km2) and continuous hydrothermal alteration footprint Excellent growth potential 15
Slide 10: Nueva Esperanza Three Oxide Reserves to Date
Nueva Esperanza Three Oxide Reserves to Date 14
Slide 11: Nueva Esperanza Exploration
NUEVA ESPERANZA EXPLORATION Multiple Target Styles New & Evolving Concepts Evolving geological models dictating exploration strategy – Focus on dome margins Mature district – 35 years exploration – Full potential of historical data not realised 18 Similar geology to nearby La Coipa (Kinross Gold) &
Slide 12: Regional Target Generation
NUEVA ESPERANZA Regional Target Generation A systematic, multi‐layered approach to unlocking potential Cerro Blanco West Innovative ~800 hole Air-Blast (RAB) drill campaign in 2016 19
Slide 13: Cerro Blanco West: KCN's Latest Discovery
Cerro Blanco West: KCN’s Latest Discovery Drilling in progress 19
Slide 14: Cerro Blanco West
Cerro Blanco West Plan view of 1400x400m high resistivity zone A systematic,ulti‐layered approach to unlocking potential showing existing and proposed drilling Target is under cover consisting of a horizontal, manto-like body 20-60m thick and to date about 500x300m Deep oxidation down to 180m
Slide 15: Regional Target Generation
NUEVA ESPERANZA Regional Target Generation A systematic,ulti‐layered approach to unlocking potential Cerro Blanco West Cross Section 2500 – System is open to North, East and West 19
Slide 16: Nueva Esperanza Resource Growth
NUEVA ESPERANZA RESOURCE GROWTH Late 2011: Kingsgate’s bid for Laguna becomes unconditional Resources in Arqueros ML of 28Mt for 1.0M oz AuEq60 19
Slide 17: Nueva Esperanza Resource Growth
NUEVA ESPERANZA RESOURCE GROWTH Early 2102: Kingsgate acquires Esperanza Mining Concession Resources grow by acquisition to 28Mt for 1.4M oz AuAq60 (+40%) 19
Slide 18: Nueva Esperanza Resource Growth
NUEVA ESPERANZA RESOURCE GROWTH Late 2014 – early 2015: Chimberos Gold discovery Resources grow by discovery to 39Mt for 1.9M oz AuEq60 (+90%) 19
Slide 19: Nueva Esperanza Resource Growth
NUEVA ESPERANZA RESOURCE GROWTH Late 2015 – early 2015: Chimberos Gold discovery Resources grow by discovery to 39Mt for 1.9M oz AuEq60 Spectacular intersection in ECHR-25: 170m @ 2.79g/t Au & 82g/t Ag (4.16g/t AuEq60) from 58m 19
Slide 20: Satellite image of Nueva Esperanza and La Coipa
Satellite image of Nueva Esperanza and La Coipa Similar size alteration footprint and mineralisation styles Long history of mining (25 yrs.) & exploration discoveries in la Coipa Production of 3.5M oz Au & 230M oz Ag 19
Slide 21: Kingsgate Chile – Exploration & Business Pipeline
Kingsgate Chile – Exploration & Business Pipeline Targeting high grade gold-silver epithermal deposits: The strategy for FY2017-18 is to build the portfolio and pipeline using the expertise and capability embedded in the flagship Nueva Esperanza project 19
Slide 22: Nueva Esperanza Financial Year 2018 workflow
Nueva Esperanza Financial Year 2018 workflow Feasibility work streams -> enhance economics Exploration -> value add Progressing feasibility work streams Continue to build multi-layers of Technical, environmental & community inputs for district geology, geochemistry, permitting alteration, remote sen
Slide 23: Thank You
Kingsgate Consolidated Limited
Slide 24: Competent Person Statement
COMPETENT PERSON STATEMENT The information relating to Nueva Esperanza Mineral Resources is extracted from an announcement by Kingsgate titled “Nueva Esperanza Mineral Resource Update” dated 13 April 2016. The aforementioned announcements are available to view on Kingsgate’s public website www.kings
Slide 25: Mineral Resource and Ore Reserve Statement as at 30 June 2017
APPENDIX Mineral Resource and Ore Reserve Statement as at 30 June 2017 26
Slide 26: Mineral Resource and Ore Reserve Statement as at 30 June 2017
APPENDIX Mineral Resource and Ore Reserve Statement as at 30 June 2017 26
Slide 27: Mineral Resource and Ore Reserve Statement as at 30 June 2017
APPENDIX Mineral Resource and Ore Reserve Statement as at 30 June 2017 26
Slide 28: Mineral Resource and Ore Reserve Statement as at 30 June 2017
APPENDIX Mineral Resource and Ore Reserve Statement as at 30 June 2017 26
Kingsgate Consolidated — Shareholder Meeting (November 2017) on 6ix