Kgl Resources Limited · ASX:KGL
Kgl Resources — Morgans Business Breakfast (April 2022)
21 slides from Kgl Resources's conference presentation, Apr 20, 2022
Slide 1: Morgans Business Breakfast - KGL Resources Equity Raising 2022
For personal use only Morgans Business Breakfast 20 April 2022 KGL Resources Limited Equity Raising 2022
Slide 2: Investment highlights: Australia's next copper producer
Investment highlights Australia’s next copper producer For personal use only High >2.0% copper Feasibility advanced - Near-term growth Funding plan being grade Resource1 – project fully permitted opportunities finalised unique vs. global Cu Updated FS expected for Resource and projects mid 2022 Mine
Slide 3: Jervois Copper Project
Jervois Copper Project KGL Resources is creating the next Australian copper hub in the Northern Territory For personal use only Consolidating the proximate & prospective Reward, Rockface and Bellbird deposits Robust PFS led to Feasibility Study – planned delivery of mid 2022 Direct access to
Slide 4: Jervois Project Development update
Jervois Project Development update Clear pathway to production For personal use only Project parameters • 1.6Mtpa plant; 300-person camp; tailings storage facility; hybrid (solar and diesel) power station; bore farm; 2 x Open Cut and 3 x UG mines Key achievements to date PFS and design Civils de
Slide 5: Binding Offtake Agreement with Glencore
Binding Offtake Agreement with Glencore For personal use only Terms Key benefits • Evergreen with minimum 5–year term from Certainty of concentrate sales for the project – commercial production supporting the funding strategy • Covers 100% of copper concentrate from Strong project support from a
Slide 6: Favourable Macro Tailwinds
Favourable Macro Tailwinds For personal use only KGL Resources Limited 20 April 2022 – Morgans Business Breakfast 6
Slide 7: Driving the Jervois Copper Project
Driving the Jervois Copper Project Many years’ experience in project evaluation, For personal use only feasibility and development Executive management team Simon Finnis Amy Treble Allan Reid John Levings Managing Director / CEO Chief Financial Officer Project Director Chief Geologist Over 30 years
Slide 8: Corporate Structure and Shareholders
Corporate Structure and Shareholders Capital Structure For personal use only Australian Stock Exchange (ASX) code KGL Financial Position ASX Share price (close 19 April 2022) $0.435 Cash $7.47m (31 March 2022) Shares outstanding 392 M No debt Options on Issue 1M Entitlement Issue launched Mark
Slide 9: Entitlement Issue Announced
Entitlement Issue Announced* Offer Structure & Size For personal use only 1 for 6 pro-rata traditional non- renounceable entitlement offer to raise up to A$24.2 million – not underwritten • Minimum raising under the offer of $A9.9 million • Up to approximately 65.4 million new KGL shares (New Shares
Slide 10: Development timeline
Development timeline 2020 2021 2022 For personal use only 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q Drilling and exploration Resource Definition Resource Enhancement Exploration Development activities PFS ILUA Permitting Updated Resource Capital Raise Reserve Feasibility Study
Slide 11: Resource update
Resource update Exceptional growth in Resource For personal use only 2.15% 800 2.04% 2.1% 700 1.8% 1.59% Copper Metal (kt) 600 1.52% Cu Grade (%) 1.5% 500 1.30% 1.30% 1.25% 466 1.10% 1.07% 410 1.2% 400 369 375 146 327 127 279 125 0.9% 300 220 191 0.6% 200 150 170 179 113 284 319 69 250 100 0.3% 113
Slide 12: Rockface Depth Potential
Rockface Depth Potential Copper assays up to 61.4% Cu For personal use only Rockface Deposit 3.53Mt @3.07% Cu (indicated & inferred) Recent drilling into the north lens produced record copper assay of 61.4% over true width 0.74m True width intersections include: • KJCD481 – 6.28m @ 2.39%Cu • K
Slide 13: Upside at Reward
Upside at Reward For personal use only KGL Resources Limited 20 April 2022 – Morgans Business Breakfast 13
Slide 14: Upside at Reward
Upside at Reward For personal use only KGL Resources Limited 20 April 2022 – Morgans Business Breakfast 14
Slide 15: Exploration Strategy
Exploration Strategy Unlocking the potential of the Jervois copper hub For personal use only Significant Resource increase reported Drilling Ongoing around Reward – late 2021 assay results imminent Rockface depth potential • Accessible extension with strong potential • Drill core from KJCD481D
Slide 16: Environment, Social and Governance
Environment, Social and Governance KGL is focussed on implementing industry For personal use only leading ESG practices Environment Social Governance Authorisation granted and Mining Employees sourced locally where KGL has developed a set of guiding Management Plan approved by the possible, re
Slide 17: Summary and Outlook
For personal use only Summary and Outlook Globally significant high-grade greenfield copper project Key workstreams for 2022 poised for development Approvals complete • Finalise funding strategy • Complete Reserve Clear pathway to production with offtake signed • Finalise Feasibility Study S
Slide 18: Disclosures
Disclosures For personal use only Competent Person Statement The Jervois resources information were first released to the ASX on 23/03/2022 and complies with JORC 2012. The company confirms that it is not aware of any new information or data that materially affects the information included in the or
Slide 19: Appendices
For personal use only Appendices
Slide 20: Project Resources
Project Resources For personal use only Mineralised Resource Grade Metal Mass Copper Silver Gold Copper Silver Gold Area Category (Mt) (%) (g/t) (g/t) (kt) (Moz) (koz) Indicated 3.84 1.80 39.4 0.31 69.06 4.86 38.2 Reward Inferred 0.65 0.92 9.2 0.07 5.91 0.19 1.5 Open Cut Potential > 0.5 % Cu Indicat
Slide 21: Contact us
For personal use only Contact us: Level 5, 167 Eagle Street, Brisbane QLD 4000, Australia T: +61 7 3071 9003 info@kglresources.com.au kglresources.com.au KGL Resources Limited Equity Raising 2022
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