Kingsrose Mining Ltd · ASX:KRM
Kingsrose Mining — Non-Deal Roadshow (June 2015)
26 slides from Kingsrose Mining's roadshow presentation, Jun 4, 2015
Slide 1: ASX Announcement: Investor Presentation
ASX Announcement For personal use only 4 June 2015 INVESTOR PRESENTATION Please find attached a copy of the current Investor Presentation that will be given by Managing Director, Scott Huffadine in Hong Kong and London as part of an International Roadshow. Investors are directed to the Company’s web
Slide 2: The Way Linggo Project - Project Update June 2015
For personal use only The Way Linggo Project Project Update June 2015 ASX:KRM
Slide 3: Corporate Overview
Corporate Overview Key Statistics (ASX:KRM)1 Directors & Management For personal use only Shares on issue 359m John Morris Chairman Options on issue 14.85m Scott Huffadine Managing Director Share Price 28.5 Bill Phillips Non Exec Director Market Cap $102m Andrew Spinks Non Exec Director Cash & Bulli
Slide 4: Delivering Long Term Shareholder Value
Delivering Long Term Shareholder Value For personal use only Seasoned, ‘hands on’ management team with proven track record in discovering and developing mines Lean, compact operations – strong fiscal discipline whilst steadily increasing grade and ounces produced Strategic and disciplined approach b
Slide 5: Way Linggo Project Location – Rim of Fire
Way Linggo Project Location – “Rim of Fire” Located on the prolifically mineralised Trans-Sumatran Fault For personal use only Extensive and strategic landholding located in the “Rim of Fire” on the Trans-Sumatran Fault Zone World’s second most significant source of Tertiary Age gold deposits
Slide 6: Focussed on Continued Improvement
Focussed on Continued Improvement Quarter on Quarter | Improvements from December to March For personal use only 50% increase in mined grade from 8.3 g/t Au to 12.44 g/t Au 17% increase in gold production to 6,409 ounces of gold Continued cost improvements with C1 cost down 16% to US$658 and AIS
Slide 7: Talang Santo – Upside in the Mineral Resource Grade
Talang Santo – Upside in the Mineral Resource Grade Talang Santo developing its own operating history with an average 2.04 x For personal use only increase on Mineral Resource grade reconciled to ore mined from December to April 2015 Drivers to this are a loss of gold bearing clays in drilling a
Slide 8: Talang Santo Level – 1st sublevel: Bonanza Grades in Hanging Wall Vein
Talang Santo | 4 Level – 1st sublevel Bonanza Grades in the Hanging Wall vein For personal use only 1,062t @ 28.4g/t Au mined from this section of level development in January 2015 7
Slide 9: Talang Santo – An Evolving Understanding
Talang Santo – An Evolving Understanding For personal use only Moving beyond the limited development phase of 2013/2014 with 7 months of production metrics from October 2014 Mine development increasing the resolution by identifying the localised high grade sections of the orebody allowing for mo
Slide 10: Level Haulage Shaft - Current Development
5 Level Haulage Shaft Current Development
Slide 11: Talang Santo Mine – Level Shaft Access
Talang Santo Mine – 5 Level Shaft Access The 5 Level haulage shaft will access further upside in the Talang Santo For personal use only system at depth High Grade Core New Lodes 10
Slide 12: Resource Definition
Resource Definition For personal use only Objective is to infill existing drilling completed pre development and confirm new vein systems from current structural model High grade results from 4 Level definition drilling continuing to define higher grade areas not previously indicated by wider sp
Slide 13: UDH-050 Level – Hanging Wall Vein
UDH-050 | 4 Level – Hanging Wall Vein For personal use only 12
Slide 14: Resource Definition - Next Steps
Resource Definition - Next Steps For personal use only Drill platform to be established on the 5 Level to infill the current inferred resource below the base of the current mine plan at the 6 Level, and increase confidence in the along strike mineralised occurrences INFILL DRILLING 13
Slide 15: Expanding Exploration Footprint Within the Project
Expanding Exploration Footprint Within the Project For personal use only Advanced Exploration Project Exploration 14
Slide 16: Advanced - Talang Santo Surface Geochemistry Orientation Survey
Advanced - Talang Santo Surface Geochemistry Orientation Survey For personal use only Identified known mineralisation by using geochemistry proving the method by back- analysis over existing deposit Limited drilling between surface and 50m depth Drilling was undertaken to define the upper limi
Slide 17: Real Scope for Organic Growth at the Project Scale
Real Scope for Organic Growth at the Project Scale Multiple epithermal targets For personal use only within the existing 100km2 Project area Infill of the dataset with a systematic approach is starting to pay dividends with early success at Talang Toha and Mitra Jaya identifying blind mineralise
Slide 18: The Process - Boots on the Ground
The Process - “Boots on the Ground” For personal use only Review and gap analysis of the existing dataset was undertaken throughout 2014 This identified areas for increased focus, including alteration and geological mapping, and in particular a lack of soil geochemistry which has played a part i
Slide 19: Talang Toha/Talang Samin Prospect Level Geochemistry
Talang Toha/Talang Samin For personal use only Prospect Level Geochemistry Gold in soil anomaly, within the Talang Cluster Immediate results with blind mineralised veins exposed in trenching All results undercover 0.4m @ 7.22g/t Au in quartz vein 0.6m @ 3.61 g/t Au in quartz stringer zone
Slide 20: Mitra Jaya Prospect Level Geochemistry
Mitra Jaya Prospect For personal use only Prospect Level Geochemistry Significant gold in soil anomaly No veining in outcrop Coincident geophysics High grade quartz float including: 43 g/t Au and 220 g/t Ag, 33.5 g/t Au and 199.5 g/t Ag and 16.7 g/t Au and 65.23 g/t 0.77g/t Au in clay alte
Slide 21: Building the Framework for the Next Discovery
Building the Framework for the Next Discovery For personal use only Soil geochemistry is a key piece of the puzzle, providing the key to unlocking the exploration upside Validated by the identification of mineralised veining undercover Confirms the potential for the application of this method
Slide 22: Community, Safety & the Environment
Community, Safety & the Environment Occupational Health & Safety For personal use only Continued focus on improving safety practices Environmental Awareness Small footprint underground mines – minimise surface disturbance Rehabilitation and reforestation program Health Initiatives Subsidised
Slide 23: A New Mine, A New Story, A Whole New Opportunity
A New Mine, A New Story, A Whole New Opportunity For personal use only Establishing a track record mining a new orebody in a larger system = longer mine life Operations internally funding evaluation of growth projects Developing into higher grade areas of the ore system Continued investment
Slide 24: Appendix – Way Linggo Project Mineral Resource Statement
Appendix 1 – Way Linggo Project Mineral Resource Statement As at 30 June 2014 For personal use only Classification Tonnes Gold (Au) g/t Silver (Ag) g/t Au ounces Ag ounces Talang Santo Measured Indicated 848,991 6.1 16 167,417 441,041 Inferred 797,355 4.5 17 115,616 443,751 Subtotal 1,646,346 5.3 17
Slide 25: Contact Details
Contact Details For personal use only Scott Huffadine Managing Director + 61 8 9486 1149 info@kingsrosemining.com.au www.kingsrosemining.com.au 24
Slide 26: Disclaimer & Competent Persons Statement
Disclaimer & Competent Persons Statement The information contained in this Presentation has been prepared by Kingsrose Mining Limited (“Kingsrose” or the “Company”). This Presentation does not constitute an offer or invitation to For personal use only any person to subscribe for or apply for any sec