Slide 1: AGM Presentations
www.kglresources.com.au 18 May 2017 For personal use only AGM Presentations KGL Resources Limited (ASX code: KGL) provides the following presentations to be given at today’s AGM. For further information contact: Ms Kylie Anderson Company Secretary Phone: (07) 3071 9003 Page 1 of 1
Slide 2: Chairman's Address to the AGM
Chairman’s Address to the AGM of KGL Resources Limited, 18 May 2017 For personal use only Welcome to the Annual General Meeting of KGL Resources. On behalf of directors, it is my pleasure to report to shareholders that KGL has had a very successful year. As I wrote in the latest Annual Report, the J
Slide 3: Chairman's Address (continued)
Studies are under way to determine the best and most reliable water source needed to support the mining and processing of the Jervois ore. We continue to enjoy a good relationship with the Northern Territory Government as evidenced by the project being given Major Project Status by way of a Project
Slide 4: Chairman's Address (conclusion)
would like to thank my fellow directors for contributing their experience and judgment as we directed the course of KGL over the past year. I would also like to thank the employees for their valued service to the Company. On behalf of directors, I extend sincere thanks to shareholders for their cont
Slide 5: Jervois Copper Project AGM 2017
For personal use only Jervois Copper Project AGM 2017 May 2017 1
Slide 6: Location
For personal use only Location 380 km by road east north east of Alice Springs Jervois Pastoral Lease Access via Stuart and Plenty Highway Bonya Community 17 km south west of project 2
Slide 7: Jervois
Jervois For personal use only Coxs Find - 3km ROCKFACE - 5km Bellbird - 5km Green Parrot - 1km Marshall - 500m Reward 3
Slide 8: Geological Setting
For personal use only Geological Setting • Hosted by Bonya Metamorphics in Eastern Arunta • Stratabound mineralisation • Copper appears structurally controlled • Hybrid SEDEX-VMS IOCG? 4
Slide 9: Copper and Silver Resources
Copper and Silver Resources For personal use only 30.5 Mt @ 1.07% Cu for 327,000 t Cu 30.5 Mt @ 23 g/t Ag for 22.6 M oz Ag 350 25 300 20 Contained Silver (Moz) Contained Copper Metal (kt) 250 200 15 150 10 100 5 50 0 May July Jan Nov Sep July 0 2011 2011 2012 2012 2014 2015 May July Jan Nov Sep July
Slide 10: Lead and Zinc Resources
Lead and Zinc Resources For personal use only 160 50 45 140 40 Contained Zinc Metal (kt) 120 Contained Lead Metal (kt) 35 100 30 80 25 20 60 15 40 10 20 5 0 0 May July Jan Nov Sep July May July Jan Nov Sep July 2011 2011 2012 2012 2014 2015 2011 2011 2012 2012 2014 2015 Lead Indicated Zinc Indicated
Slide 11: Rockface
Rockface For personal use only View of Rockface looking south 7
Slide 12: Orion 3DIP
Orion 3DIP For personal use only • The use of 3DIP in the geologically complex area was key to initial discovery • Good correlation with known mineralisation and further targets to be tested 8
Slide 13: Rockface Ground Magnetics
Rockface Ground Magnetics For personal use only • Magnetite alteration is associated with mineralisation • Magnetic high associated with Rockface • Additional magnetic highs yet to be tested 9
Slide 14: Rockface HG Discovery
Rockface HG Discovery For personal use only KJCD171 13m @ 2.14% Cu, 12.5g/t Ag, 0.10g/t Au from 255m 2m @ 2.83% Cu, 10.8g/t Ag, 0.05g/t Au from 278 m KJCD171 10
Slide 15: Drilling Priorities
Drilling Priorities For personal use only Eastern zone (C6,7,8) Shallower areas of C3 are target for infill drilling Infill drilling on remainder of C3 & C5 in advance of resource update IP Chargeability suggesting potential to the west Rockhole extension drilling 11
Slide 16: Western Zone
Western Zone For personal use only ETW RL SG HoleID Interval (m) (m) (t/m3) KJD016 7.35m @ 1.22% Cu, 2.1g/t Ag, 0.06g/t Au from 0m 4.3 389.7 2.71 13m @ 2.14% Cu, 12.5g/t Ag, 0.10g/t Au from 255m 10.0 140.6 4.33 KJCD171 2m @ 2.83% Cu, 10.8g/t Ag, 0.05g/t Au from 278 m 1.5 121.5 2.95 9m @ 2.91% Cu, 17
Slide 17: Eastern Zone
Eastern Zone For personal use only ETW RL SG HoleID Interval (m) (m) (t/m3) KJCD198 5.95m @ 4.94% Cu, 25.9g/t Ag, 0.45g/t Au from 449.85m 4.0 -61.4 3.90 5.55m @ 4.11% Cu, 0.59% Zn, 37.4g/t Ag, 0.65g/t Au from 511.11m 3.9 -104.8 3.56 KJCD205 5.5m @ 3.54% Cu, 18.5g/t Ag, 0.25g/t Au from 619m 3.9 -193.
Slide 18: Eastern Zone
Eastern Zone For personal use only KJCD205 ~621m The Eastern Zone was only discovered when KJCD197 was drilled and logged with DHEM KJCD198 – 5.95m @ 4.94% Cu, 25.9g/t Ag, 0.45g/t Au (C6) KJCD205 – 5.55m @ 4.11% Cu, 0.59% Zn, 37.4g/t Ag, 0.65g/t Au from 511.11m (C6) 5.5m @ 3.54% Cu, 18.5
Slide 19: Rockface Metallurgy
Rockface Metallurgy For personal use only Copper Feed Grade Vs. Copper Recovery - Sulphide Ores 98.0 Composite sample from 96.0 KJCD 171,182,183 94.0 92.0 Composite head grade y = -0.1892x2 + 1.6791x + 91.29 R² = 0.27523 90.0 2.05% Cu Copper Recovery % 88.0 PFS flow sheet 86.0 84.0 The grade
Slide 20: Gravity Inversion
For personal use only Gravity Inversion REWARD MARSHALL GREEN PARROT COXS FIND Garnet-Magnetite alteration halo ROCKFACE Direct detection of magnetite + KEY BELLBIRD massive/semi- Mineralised wireframe Gravity Isosurface 0.06 Gravity Isosurface 0.08 massive sulphides Gravity Isosurface 0.1 16
Slide 21: Gravity
Gravity For personal use only ROCKFACE MINERALIZED BELLBIRD SOUTH WIREFRAME High Density 17
Slide 22: Rockface Conceptual Model
Rockface Conceptual Model For personal use only Conceptual figures prepared by consultant geologist Warwick Crowe 18
Slide 23: Jervois Conceptual Model
Jervois Conceptual Model For personal use only Conceptual figures prepared by consultant geologist Warwick Crowe 19
Slide 24: The next Rockface?
The next Rockface? For personal use only Copper Mineralisation in KJCD075 Copper Mineralisation in KJD010W1 KJCD075 Hole ID Interval J15 11m @ 4.73% Cu, 1.84g/t Au from 512 RJ236 3.7m @ 4.68% Cu, 54g/t Ag, 1.96g/t Au from 433 m KJCD043 7m @ 1.36% Cu, 25g/t Ag, 0.5g/t Au from 413 7m @1.28%Cu, 20.1g/t
Slide 25: The Greater Jervois Project
The Greater Jervois Project For personal use only Jervois Project Area increased from 37.9km2 to 110.8km2 Within the Bonya Metamorphics Already surveyed with SAM Soils geochemistry survey completed Multiple walk-up drill targets Marshall-Reward-Morley trend Becana Yohoho North-east o
Slide 26: Northern Extension
Northern Extension For personal use only 1.85km northern extension of the Reward/Morley trend Magnetite alteration associated with mineralisation is highlighted in the magnetics Boundary 11m @ 0.72% Cu, 3.6g/tAg from 63m in KJCD004 Becana 9m @ 2.3% Cu, 9.8g/tAg from 144m 2m @ 1.4% Cu from
Slide 27: Northern Extension
Northern Extension For personal use only Soil sampling and Rockchip geochemistry conducted by NRE confirm a strong mineralised trend Multiple rock chips samples over 10% Cu Soil sample assays of up to 2,080ppm Cu 23
Slide 28: Northern Extension
Northern Extension For personal use only Disseminated sulphide mineralisation responding well to Induced Polarisation at Marshall-Reward and Morley Trend extends north onto Unca Creek tenement IP chargeability response is stronger at depth on Unca Creek tenement 24
Slide 29: Hamburger Hill
Hamburger Hill For personal use only Sedimentary/volcanic host sequence that resembles the Bellbird-Rockface area Historical Drilling HHD1A 7m @ 1.28% Cu, 0.65% Pb, 0.34% Zn from 158.6m HHD3 4.2m @ 1.17% Cu from 115.8m 1km long central EQMMIP anomaly coincident with known mineralisation 25
Slide 30: Yambah
Yambah For personal use only Similar style and age of mineralisation at Jervois Two new prospects discovered Emily Rock chips contain up to 22.2% Cu, 4.01% Zn and 1.05g/t Au Dawn Rock chips contain up to 0.56% Cu, 0.38% Zn, 0.43% Pb and 4.0g/t Ag 26
Slide 31: Yambah – Emily & Dawn
Yambah – Emily & Dawn For personal use only Samples of mineralisation were taken from exposures of calc-silicate rock and ironstone/gossan within felsic gneiss Mineralisation coincides with aeromagnetic lineaments – possible retrograde alteration within shear zone 27
Slide 32: Summary
Summary For personal use only Rockface will remain our immediate focus Continue drilling at Rockface Continue targeting high-grade copper mineralisation with DHEM Continue to build on our understanding of structural geology and possible controls on mineralisation Realise the potential of our p
Slide 33: May 2017
For personal use only 29 18 May 2017
Slide 34: Competent Person Statement
Competent Person Statement For personal use only The Jervois Resources information and Exploration Potential were first released to the market on 29 July 2015 and complies with JORC 2012. The company confirms that it is not aware of any new information or data that materially affects the information