Kingsgate Consolidated Limited · ASX:KCN
Kingsgate Consolidated — 2012 BMO Capital Markets Global Resources Conference
28 slides from Kingsgate Consolidated's conference presentation, Feb 29, 2012
Slide 1: Cover letter: 2012 BMO Capital Markets Global Resources Conference
For personal use only ABN 42 000 837 472 29 February 2012 (28 pages including cover) Manager, Company Announcements Australian Stock Exchange Limited Level 4, 20 Bridge Street SYDNEY NSW 2000 Dear Sir/Madam, 2012 BMO Capital Markets Global Resources Conference Please find attached presentation and u
Slide 2: Growing a Premier Mid-Tier Gold Miner in Asia/Pacific
Kingsgate Consolidated Limited For personal use only Growing a Premier Mid-Tier Gold Miner in Asia/Pacific February 2012
Slide 3: Disclaimer
For personal use only 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
Slide 4: Precious Metals in the Pacific Rim
Precious Metals in the Pacific Rim 2012 – Two gold mines and two advanced projects For personal use only Chatree Nueva Esperanza Challenger Bowdens
Slide 5: Half Year Financial Highlights
For personal use only Half Year Financial Highlights • Net profit before tax up 269% to A$39M • Net profit after tax up 192% to A$34M • EBITDA of A$70m an increase of 129% • Interim dividend of 10 cents per share • Gold sales volume up 90% to 82,940oz reflecting the addition of Challenger mine • Ave
Slide 6: Chatree Gold Mine in Thailand
Chatree Gold Mine in Thailand Asian showcase gold mine For personal use only Chatree
Slide 7: Chatree – Thai Gold Belt
For personal use only Chatree – Thai Gold Belt Chatree Thailand World Class Gold Bangkok Province Thai Gold Belt Phitsanulok Province Phetchabun First Mover Province SPLs Pending Advantage Chatree 63 km Phichit Province 1,200 km2 Tenement SPL Applications Package Multiple Targets Nakhonsawan Provinc
Slide 8: Chatree - World Class Deposit
Chatree - World Class Deposit Phitsanulok Province For personal use only Chatree ~5Moz to date & growing Phichit (including mined to date) Province CHATREE NORTH Phetchabun Province Ban Large low grade and Kho Din Ban Dong Long low cost gold deposit CHATREE Significant near mine potential 1 Km
Slide 9: Chatree Unit Operating Costs
Chatree Unit Operating Costs Asian competitive advantage For personal use only 20.00 *18.65 18.00 16.48 16.41 16.00 15.11 15.21 15.42 13.77 14.00 12.48 12.00 10.03 10.45 10.00 8.00 6.00 4.00 2.00 0.00 2001/2 2002/3 2003/4 2004/5 2005/6 2006/7 2007/8 2008/9 2009/10 2010/11 Total Direct Cost Per Tonne
Slide 10: Challenger Gold Mine
Challenger Gold Mine Acquired by Kingsgate in Feb 2011 For personal use only Challenger
Slide 11: Challenger Gold Mine: Operation turning around
Challenger Gold Mine Operation turning around For personal use only Strong Dec qtr 27,285oz at cash costs of US$612/oz (incl. US$54/oz royalty ) Good indicator of future potential Production rate ~100koz pa to grow to ~120Kozpa over next 12 - 18mths Strong reserve growth achieved. Reserves*
Slide 12: Challenger Upside Potential
Challenger Upside Potential E W Ventilation Shaft Challenger For personal use only Oblique Section Challenger West* RL(m) SEZ* 1.4m @ 10.6g/t 1000 2.8m @ 26.7g/t 0.32m @ 18.7g/t 2.6m @ 49.6g/t M1 3.6m @ 18.5g/t M2 800 Level 800 Exploration Drive 3.6m @ 61.3g/t M3 600 Aminus* 1.0m @ 50.5g/t 400 280 L
Slide 13: Nueva Esperanza
Nueva Esperanza Advanced silver/gold project in Chile For personal use only Nueva Esperanza
Slide 14: Located in the Maricunga Belt
Located in the Maricunga Belt Nueva Esperanza For personal use only Teterita Chimberos Arqueros 5 Kilometres
Slide 15: Nueva Esperanza drilling results and feasibility
For personal use only Nueva Esperanza Strong drilling results from Teterita. Assays include 40m @ 868g/t Ag, Resource Drilling incl. 15m @ 2,248g/t Ag*. New resource by end March qtr. Teterita & Chimberos to be added to feasibility after revised mine plan. Feasibility Study Technical feasibility com
Slide 16: Nueva Esperanza: Highly prospective regional exploration
Nueva Esperanza Highly prospective regional exploration For personal use only
Slide 17: Nueva Esperanza Panorama
Nueva Esperanza Panorama Fast track to production For personal use only Teterita Chimberos Huantajaya Arqueros Norte Arqueros • Multiple pits to provide flexibility.
Slide 18: Bowdens Silver Project in NSW
Kingsgate Growth Project Bowdens Silver Project in NSW For personal use only Bowdens
Slide 19: Bowdens Overview
Bowdens Overview Epithermal silver deposit with For personal use only lead and zinc by-products Large, continuous, near surface deposit hosted in a volcanic sequence of breccia and tuff (Rylstone Volcanics) Resource estimate 99Moz silver, (JORC)* Established infrastructure and mining workfor
Slide 20: Bowdens Upside Potential
Bowdens Upside Potential 1 kilometre For personal use only Significant resource potential along strike 10,750mN and at depth Drilling commenced in February 2012 Pit shell reflects the current base of drilling A B 10,500mN High grade starter pit 10,250mN A B 10,000mN 9,750mN 14,750mE 15,000mE
Slide 21: Outlook for FY 2012
For personal use only Outlook for FY 2012 Group production 210,000oz - 230,000oz Stronger • Chatree 115,000oz - 125,000oz Second Half • Challenger 95,000oz - 105,000 oz Chatree high grade (June qtr) & ~6Mtpa Teterita resource upgrade – end Mar qtr. Nueva Esperanza Revised mine plan with all 3 deposi
Slide 22: Summary
Summary Diversified Production Growth For personal use only Resource Growth Development Project Pipeline Generating Strong Cashflow Dividend Differential Premier ASX Mid-Tier Precious Metal Miner
Slide 23: Kingsgate Consolidated Limited
For personal use only Kingsgate Consolidated Limited Shares: 150 Million Market Cap: ~A$1Bn ASX: KCN www.kingsgate.com.au
Slide 24: Appendix: General Disclaimer
Appendix General Disclaimer: For personal use only 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
Slide 25: Chatree Ore Reserves and Mineral Resources
Chatree Chatree Ore Reserves as at 30 June 2011 (>0.4g/t gold cut-off grade) For personal use only Gold Silver Gold Silver Tonnes Source Category Grade Grade Contained Contained (millions) (g/t) (g/t) (Moz) (Moz) From Pits Proven 36.0 0.99 8.5 1.14 9.9 Probable 15.6 0.97 7.0 0.49 3.5 Stockpiles 8.4
Slide 26: Challenger Ore Reserves and Mineral Resources
Challenger Challenger Ore Reserves as at 30 June 2011 For personal use only Gold Gold Tonnes Source Category Grade Contained (thousands) (g/t) (‘000 oz) From Mine Proven 600 4.46 90 Probable 2,740 5.94 520 Challenger Total Total 3,340 5.67 610 Challenger Mineral Resources as at 30 June 2011 Gold Gol
Slide 27: Nueva Esperanza Mineral Resources
Nueva Esperanza Mineral Indicated Inferred Total Resources For personal use only >0.5g/t Tonnes Gold Silver Tonnes Gold Silver Tonnes Gold Silver Gold Silver AuEq M g/t g/t M g/t g/t M g/t g/t MOz MOz Arqueros 16.3 0.32 81 4.0 0.3 50 20.0 0.32 75 0.20 48.1 Chimberos 3.7 0.2 85 3.7 0.20 85 0.02 10.1
Slide 28: Bowdens Mineral Resources
For personal use only Bowdens Cut-off Grade Contained Silver Resource AgEq Tonnes Silver Lead Zinc AgEq Silver AgEq Class (g/t) (t) g/t % % g/t (Moz) (Moz) Indicated 30 31.2 60.6 0.30 0.40 77.5 60.8 78 Inferred 30 27.0 44.0 0.30 0.40 61.0 38.7 53 Indicated & 30 58.2 52.9 0.30 0.40 69.8 99.4 131 Infe
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