Kingsgate Consolidated Limited · ASX:KCN
Kingsgate Consolidated — Q2 2013 Earnings Presentation
16 slides from Kingsgate Consolidated's earnings presentation, July 2013
Slide 1: Kingsgate Consolidated Limited June Quarter 2013
Kingsgate Consolidated Limited June Quarter 2013
Slide 2: Disclaimer
Disclaimer Forward Looking Statements: 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,
Slide 3: June Quarter - Key Points
June Quarter - Key Points • Record Group quarterly gold production of 61,973oz at total cash cost of US$824/oz. • Full year Group gold production in-line with guidance of 200,000 ounces. • Second highest quarterly gold production from Chatree at 46,053oz at total cash cost of US$686/oz. • Challenger
Slide 4: Chatree
Chatree 1,553Kt @ 1.01g/t for 46,053oz. Operational Plants operating at a steady 6.2Mtpa Performance Grade and recovery higher with main orebody at A Pit and Q oxide ore. Total cash costs US$686/oz (incl. US$112/oz royalty). Total Cash Costs Higher production through higher grade and recov
Slide 5: Chatree Mineral Resources
Chatree Mineral Resources Chatree Mineral Resources, April 2013, Inclusive of Ore Reserves & Stockpiles At 0.30g/t Gold Cut-Off Grade Tonnes Grade Contained Metal Category Gold Silver Gold Silver (Million) (g/t) (g/t) (M oz) (M oz) Measured 92.8 0.72 6.60 2.15 19.7 Indicated 49.8 0.64 4.69 1.02 7.51
Slide 6: Chatree Ore Reserves
Chatree Ore Reserves Chatree Ore Reserves Inclusive of Stockpiles At >0.35g/t Gold cut-off grade Tonnes Grade Contained Ounces Category Gold Silver Gold Silver (Million) (g/t) (g/t) (M Oz) (M Oz) Proved 45.4 0.87 7.8 1.27 11.39 Probable 14.8 0.78 6.0 0.37 2.86 Stockpiles 9.3. 0.58 9.3 0.17 2.78 Tota
Slide 7: Chatree Ore Reserves Reconciliation
Chatree Ore Reserves Reconciliation of April 2013 to June 2012
Slide 8: Challenger
Challenger 152Kt @ 3.47g/t for 15,920oz Low equipment availability and high dilution. Production Strategic review results in new mine plan to focus principally on Challenger West. Total cash costs US$1,215/oz (incl. US$55/oz royalty). Total cash Costs Costs reflect the low head grade and l
Slide 9: Nueva Esperanza
Nueva Esperanza Scoping study for heap leach well advanced. Resource upgrade drilling completed Feasibility Study at Chimberos. Project expenditure and workforce reductions implemented. Metallurgical testwork delivers silver Metallurgical recoveries of 78% for Arqueros using HPGR and 70% for
Slide 10: Bowdens
Bowdens Engineering and permitting continued during the quarter. Feasibility Study Expenditure and manning reduced in line with KCN savings initiatives. Preliminary scope supports 4Mtpa conventional flotation with +10 year Project Scope life. Initial production 8-9Moz Ag. DFS to be aligned w
Slide 11: Outlook
Outlook • Group gold production for the fiscal year FY2014 is expected to be 190,000 to 210,000 ounces gold. • Chatree production expected to be 120,000 to 130,000 ounces. • Challenger production expected to be 70,000 to 80,000 ounces following restructure. • Nueva Esperanza heap leach and on-site p
Slide 12: Kingsgate Consolidated Limited
Kingsgate Consolidated Limited Shares: 152 Million Market Cap: ~A$260 Million ASX: KCN www.kingsgate.com.au
Slide 13: Appendix - General Disclaimer
Appendix General Disclaimer: The information contained in this presentation is for informational purposes only and does not constitute an offer to issue, or arrange to issue securities or other financial products. The information contained in this presentation is not investment or financial product
Slide 14: Challenger
Challenger Challenger Ore Reserves as at 30 June 2012 Tonnes Gold Gold Source Category Grade Contained (million) (g/t) (‘000 oz) From Mine Proven 0.64 4.32 90 Probable 2.61 6.61 550 Challenger Total Total 3.25 6.16 640 Challenger Mineral Resources as at 30 June 2012 Tonnes Gold Gold Source Category
Slide 15: Nueva Esperanza
Nueva Esperanza Nueva Esperanza Mineral Resources as at 30 June 2012 (0.5g/t AuEq cut-off grade) Gold Silver Gold Silver AgEq AuEq Tonnes Grade Grade Contained Contained Contained Contained Category (millions) (g/t) (g/t) (Moz) (Moz) (Moz) (Moz) Measured 1.8 0.01 90 0.00 5.1 5.2 0.12 Indicated 20.2
Slide 16: Bowdens
Bowdens Bowdens Mineral Resources as at 19 November 2012 (30g/t AgEq cut-off grade) Grade Contained Metal Category Tonnes Silver Lead Zinc AgEq Silver AgEq AuEq (million) g/t % % g/t (Moz) (Moz) (Moz) Measured 23.6 56.6 0.31 0.41 74.5 43.0 57 1.25 Indicated 28.4 48.0 0.27 0.36 63.6 43.8 58 1.28 Meas
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