Kingston Resources Ltd. · ASX:KSN
Kingston Resources — Mines and Money Connect, Melbourne 2023
27 slides from Kingston Resources's conference presentation, Jun 14, 2023
Slide 1: Asia-Pacific Gold and Copper Mining Company
For personal use only Asia-Pacific Gold and Copper Mining Company Mines and Money Connect, Melbourne June 2023 Andrew Corbett, Managing Director Mineral Hill delivering growth in gold and copper production 3.8Moz Misima Gold Project Definitive Feasibility Study complete ASX: KSN
Slide 2: Disclaimer
Disclaimer Forward Looking Statements Disclaimer Exploration by Other Explorers For personal use only Certain statements contained in this presentation, including No representation or warranty, express or implied, is made as This presentation contains information sourced from information as to the f
Slide 3: Company vision
Company vision Becoming a leading ASX-listed mid-tier gold and copper producer, pioneering excellence and delivering sustainable value to stakeholders For personal use only Two advanced 100%-owned gold & copper projects Management team; jurisdictional experience and a track record of success Aiming
Slide 4: A diversified portfolio of gold and copper projects
A diversified portfolio of gold and copper projects Unleashing exponential growth and value For personal use only Misima Gold Project, PNG (100%) • DFS Validation: Affirming the potential for a robust, scalable, and low-cost open pit operation. • Production Potential: Anticipated gold production of
Slide 5: Corporate snapshot
Corporate snapshot For personal use only Current Directors & Management Share Price1 $0.11 Mick Wilkes Non-Executive Chairman 35+ years experience Shares on Issue 415.6M Andrew Corbett Managing Director 25+ years experience Market Capitalisation $45.7M Stuart Rechner Non-Executive Director 20+ years
Slide 6: Mineral Hill Overview
For personal use only Mineral Hill Overview Corporate Presentation June 2023 6
Slide 7: Mineral Hill – strategic location
Mineral Hill – strategic location Significant organic and regional resource growth opportunities For personal use only Abundance of gold-silver and polymetallic Cobar-style deposits within approved ML’s and within trucking distance of Mineral Hill processing plant Location 516km W of Sydney NSW in C
Slide 8: Mineral Hill – mining lease and infrastructure
Mineral Hill – mining lease and infrastructure Extensive existing infrastructure enables accelerated path to EL1999 gold-silver dore, copper, lead and zinc production For personal use only Pearse Nth • History of underground and open pit mines • Numerous gold-silver and polymetallic Cobar style mine
Slide 9: Mineral Hill – dynamic project pipeline
Mineral Hill – dynamic project pipeline Initial LOM out to the end of 2028 For personal use only 2023 2024 2025 2026 2027 2028 Tailings reprocessing – Au & Ag Unhedged gold production to March 2024 Processing plant refurbishment Recommission crushing, grinding and flotation Open pit mining Pearse No
Slide 10: Mineral Hill Mine – Resources & Reserves
Mineral Hill Mine – Resources & Reserves Attractive commodity base with significant growth potential For personal use only • High grade Pearse open pit Mineral Resources. Total Mineral Resources • Polymetallic underground Mineral Resources. Deposit Kt Au Ag Cu Pb Zn Au Ag Cu Pb Zn • Additional resou
Slide 11: Leveraging existing gold production from the Tailings Project
Mineral Hill – leveraging existing gold production from the Tailings Project Tailings processing with CIL capacity up to 700ktpa For personal use only • Optimised the Tailings Project; increased Gold Production throughput rates and increased recovery. oz Gold Sold (oz) AISC (A$/oz) • Gold production
Slide 12: Open pit Ore Reserve: high grade gold & silver
Open pit Ore Reserve: high grade gold & silver The first component of the LOM plan to recommence hard rock mining For personal use only • Updated Ore Reserve1 in 2022. • Metal pricing of US$1800/oz for gold, US$24/oz for silver and exchange rate (AUD/USD) of 0.70. • Pearse South will be a cutback an
Slide 13: Underground Mineral Resources
Underground Mineral Resources Southern Ore Zone and Jack’s Hut (Cu-Au-Zn-Pb-Ag) For personal use only • Polymetallic Mineral Resources estimated for the Southern Ore Zone (SOZ) and Jack’s Hut1. • Targeting recommencement of underground mining, leveraging the existing decline development and infrastr
Slide 14: Advanced near mine development plan
Advanced near mine development plan 5 EL1999 Resource expansion strategy and near mine exploration For personal use only Pearse Nth • Drilling at Pearse North to test Inferred and for pit slope analysis. • Drilling at SOZ to test Inferred and determine potential Pearse Sth stope spans. • Drilling fr
Slide 15: Exploration within EL1999
Exploration within EL1999 Multiple drill targets to be tested For personal use only • Several near mine targets with potential to significantly expand contained copper and gold. • Lead is the primary pathfinder element for polymetallic mineralisation. • Geochemical anomalies coincident with IP charg
Slide 16: Regional exploration
Regional exploration Broader exploration strategy within EL8334 For personal use only • Drilling to target coincident geophysical targets (gravity and induced polarisation). • Highly prospective geology and regional scale structures. • Lead in soil anomalies to be drill tested. • Land access agreeme
Slide 17: Misima Gold Project
For personal use only Misima Gold Project Corporate Presentation June 2023 17
Slide 18: Misima Gold Project – PNG, home of world-class mines
Misima Gold Project PNG − home of world-class mines 6 For personal use only Moz SIMBERI St Barbara 66 Moz LIHIR Newcrest Mining FRIEDA RIVER 17 Moz PanAust KAINANTU 24 PORGERA 2 K92 Mining 23 Moz PANGUNA Barrick Gold Moz Moz OK TEDI 27 Moz PNG Govt. WAFI-GOLPU 17 Morobe Mining JV Moz HIDDEN VALLEY 2
Slide 19: Misima – long-life, large scale gold project
Misima – long-life, large scale gold project 1.73Moz Reserve underpins long-life Misima Project1 For personal use only • Total Mineral Resource of 169Mt @ 0.71g/t Au for 3.8Moz • Probable Ore Reserve increased by 28% to 76 @ 0.8 g/t for 1.73Moz • Ore Reserve –mine plan delivers 15-year mine life • P
Slide 20: Misima – definitive feasibility and ore reserve
Misima – definitive feasibility and ore reserve1 Large scale, long-life, low-cost open pit gold and silver mine For personal use only • High leverage opportunity on the gold price. 3.8Moz Gold 22.1Moz Silver • DFS uses $1,800/oz gold price and 0.7 AUD:USD. Resource Resource Gold price scenario of $2
Slide 21: Summary: focus on executing our clearly defined strategy
Summary: focus on executing our clearly defined strategy Leveraging existing gold-copper asset base while advancing future growth opportunities For personal use only Experienced management team focused on maximising shareholder returns Mineral Hill holds an extensive Resource base, gold production a
Slide 22: Appendix
For personal use only Appendix Corporate Presentation June 2023 22
Slide 23: Environmental and social licence to operate
Mineral Hill Mine Environmental and social licence to operate For personal use only • Stakeholder engagement – excellent relationship with land- holders, community and Condobolin Chamber of Commerce • Mining Licences (ML) granted • Environment protection, cyanide and water permits in place • Environ
Slide 24: Competent Person Statement
Competent Person Statement Competent Person’s Statement - Mineral Resource Reported in Accordance with 2012 JORC Code – Mineral Hill Australian Mine Design and Development Pty Ltd, who is a Fellow of the Australasian Institute of Mining and Metallurgy and who has sufficient relevant experience in op
Slide 25: Mineral Hill – Resources and Reserves
Mineral Hill – Resources and Reserves Attractive commodity base with significant growth potential For personal use only Total Probable Reserve Inventory Measured Resource Inventory Au Ag Au Ag Au Ag Cu Pb Zn Au Ag Cu Pb Zn Deposit Kt (g/t) (g/t) (Koz) (Koz) Deposit Kt (g/t) (g/t) % % % (Koz) (Koz) (
Slide 26: Metal equivalents
Metal equivalents This presentation quotes metal equivalent grades for the life of mine plan, Mineral Resources and Ore Reserves. Price assumptions used are based For personal use only primarily on consensus forecasts with adjustments based on company expectations. Gold equivalent (AuEq) conversion
Slide 27: Misima Gold Project – Resources & Reserves
Misima Gold Project – Resources & Reserves Misima Resources & Reserves For personal use only Indicated Resource Inventory Misima Resources Total Au Ag C/O Au Ag Au Ag C/O Au Ag Deposit Mt (g/t) (g/t) (Moz) (Moz) Deposit Mt (g/t) (g/t) (Moz) (Moz) Umuna 93.5 0.78 4.3 0.3 2.4 13.1 Umuna 157.6 0.7 4.1
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