Kgl Resources Limited · ASX:KGL
Kgl Resources — Kentor Gold — Investor Presentation (May 2011)
31 slides from Kgl Resources's investor presentation, May 16, 2011
Slide 1: Kentor Gold Investor Presentation May 2011
For personal use only Kentor Gold May 2011 Investor Presentation
Slide 2: Andash Project
ANDASH PROJECT Andash Project For personal use only 1.6mtpa to 3.2mtpa throughput Simple and conventional open pit and flotation plant 3 stage crush, grind, float process Average annual production: – 70,000 oz Au and 7,400t Cu – High grade concentrate 24.5% Cu and 72 g/t Au No deleterious
Slide 3: Project Economics (KGL 80%)
ANDASH PROJECT Project Economics (KGL 80%) For personal use only Cash cost US$29/oz Au Cost component Phase 1 Phase 2 (after Cu credits and royalty) (US$/t) (1.5mtpa) (3mtpa) Mining 3.46 3.46 Capital Cost US$96m Processing 8.62 7.09 Base Case NPV US$130m G&A 3.38 1.69 – US$1,000/oz Au & US$2.7
Slide 4: Project Funding
ANDASH PROJECT Project Funding For personal use only Project Capital Cost US$96m Macquarie Bank to provide project debt of US$50m No compulsory hedging Cash in the bank US$71m (end of March 2011) 4
Slide 5: Andash and Aktash
ANDASH PROJECT Andash and Aktash For personal use only 5
Slide 6: Andash
Andash For personal use only Fully funded through to production Developing one of the world’s lowest cost gold mines Growing the resource base Negotiations with local community 12 month construction programme 6
Slide 7: Jinka Minerals
Jinka Minerals For personal use only Kentor Gold has taken over 94% of Jinka Minerals Near term development of Gold and Copper Resources 7
Slide 8: 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 8
Slide 9: 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 9
Slide 10: 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 11: Burnakura Gold Project - Summary
Burnakura Gold Project - Summary For personal use only • 100% interest • Located 50km south of Meekatharra, WA • 47.5 km2 gold prospective tenements of pre-1994 granted mining leases • Open pit historic production of 216,250 oz (1.8 million tonnes at 3.8 g/t) • Open pit production ceased in 1998 whe
Slide 12: Burnakura Project
For personal use only 12 Burnakura Project
Slide 13: Burnakura Aerial View
Burnakura Aerial View For personal use only 13
Slide 14: Burnakura NOA and
Burnakura NOA 7 and 8 For personal use only
Slide 15: Burnakura Authaal
For personal use only Burnakura Authaal
Slide 16: Gabanintha Copper-Gold Project
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 16
Slide 17: 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 18: Gabanintha - Yagahong North Section
Gabanintha - Yagahong North Section For personal use only 18
Slide 19: Gabanintha - Yagahong North Section
Gabanintha - Yagahong North Section For personal use only 19
Slide 20: Jervois Base Metals Project – Summary
Jervois Base Metals Project – Summary For personal use only 100% Interest Land holding 38km2 12km strike of prospective sequence All tenements granted prior to introduction of Native Title legislation Advanced multi-metal prospect with over $5 million incurred on past exploration 20
Slide 21: Magnetics
For personal use only Magnetics
Slide 22: SAM Conductivity
For personal use only SAM Conductivity
Slide 23: Jervois - Exploration
Jervois - Exploration For personal use only Reward Longitudinal Section Bellbird Longitudinal Section 23
Slide 24: Jervois
For personal use only Jervois
Slide 25: Reward looking east
For personal use only Reward looking east
Slide 26: Reward looking north
For personal use only Reward looking north
Slide 27: Reward looking south
For personal use only Reward looking south
Slide 28: Bellbird looking north
Bellbird looking north For personal use only
Slide 29: Bellbird looking south
Bellbird looking south For personal use only
Slide 30: 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 31: 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