Kgl Resources Limited · ASX:KGL
Kgl Resources — Proactive Investors (August 2015)
24 slides from Kgl Resources's conference presentation, Aug 4, 2015
Slide 1: Proactive Investors, 4th August 2015
For personal use only Proactive Investors 4th August 2015 1
Slide 2: Corporate Overview
Corporate Overview For personal use only ASX code KGL Board of Directors & Management Issued shares 141.5 million Options 2.8 million Simon Milroy Managing Director Share Price 13.5 cents Chris Bain Acting Chairman Market capitalisation (3 Aug 15) $19.1 million Brad Ellis Non-Executive Director Cash
Slide 3: For personal use only
For personal use only 1. Jervois Copper Project 2. Jervois PFS Optimisation 3. Resource Update 4. Geophysics Results 3
Slide 4: Jervois Project Setting
Jervois Project Setting For personal use only On the Plenty Highway Concentrate to be trucked from site to Alice Springs then transported by rail to Darwin port In the 1960’s, ore was trucked from Jervois to Mt Isa 4
Slide 5: Geological Setting
For personal use only Geological Setting • Hosted by Bonya Metamorphics in Eastern Arunta • Northerly Plunging Syncline • Hybrid SEDEX-VMS 5
Slide 6: Reward Prospect looking south
Reward Prospect looking south Reward Marshall Cox’s Find Green Parrot Rockface Bellbird For personal use only 6 6
Slide 7: PFS Optimisation
For personal use only 7 PFS Optimisation
Slide 8: Jervois Pre-Feasibility Study
For personal use only Jervois Pre-Feasibility Study Dec 2014 2 mtpa Flotation Plant 7 Year Mine Life 21,000 tpa Copper Production 1 M ozpa Silver Production Initial Capex $189m C1 cost US$1.51/lb* * (After by-product credits and using an exchange rate of A$/USD 0.845 and silver price of
Slide 9: PFS Optimisation
PFS Optimisation For personal use only 1. Geotechnical – Steeper Pit Walls 2. Metallurgy – Increased recovery of Copper and Silver 3. Resource Drilling 4. Operating Costs – Reductions in mining costs Pre-Feasibility Study Update – October 2015 9
Slide 10: Resource Update
For personal use only 10 Resource Update
Slide 11: Mineral Resources Update
Mineral Resources Update 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 20
Slide 12: Highlights of Resource Update
For personal use only Highlights of Resource Update 21% increase in Total Resource to 30.5Mt 36% increase in Indicated Resources to 11.5Mt 17% increase in contained copper to 327,000 tonnes 26% increase in contained silver to 22.6Moz 12
Slide 13: 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 Zinc Indicated Lead Indicated
Slide 14: Geophysics
For personal use only 14 Geophysics
Slide 15: 3D Induced Polarisation Survey and Magnetotelluric
For personal use only 3D Induced Polarisation Survey (IP) (0-500m depth) Magnetotelluric (MT) (500m-1,500m depth) 15
Slide 16: IP Survey Results
IP Survey Results For personal use only BELLBIR TARGET D SOUTH TARGET A PIT BELLBIRD B CENTRAL TARGET PIT G TARGET TARGET TARGETD Z TARGET E F TARGET X TARGET C Resistivity 400 Ohm-m Chargeability 25 mrads Chargeability 18 mrads 16
Slide 17: IP Results
IP Results For personal use only The IP results show excellent correlation with known mineralisation. Known copper mineralisation is both conductive (low resistivity) and chargeable. The IP survey generated a number of new anomalies which are both conductive and chargeable in areas that have n
Slide 18: Resistivity and Chargeability 200m RL
Resistivity and Chargeability 200m RL (160m below Surface) For personal use only 18
Slide 19: Resistivity and Chargeability 100m RL
Resistivity and Chargeability 100m RL (260m below Surface) For personal use only 19
Slide 20: Resistivity and Chargeability 0m RL
For personal use only Resistivity and Chargeability 0m RL (360m below Surface) 20
Slide 21: Schedule
Schedule For personal use only RC and Diamond drilling to test IP targets to commence in 2 weeks MT Results complete in September PFS Update in October 21
Slide 22: For more information contact
For more information contact For personal use only Simon Milroy on +61 7 3071 9003 or info@kglresources.com or visit www.kglresources.com ASX code: KGL Level 7, 167 Eagle Street Brisbane, QLD 4000 AUSTRALIA Forward-Looking Statements: This presentation includes certain “Forward-Looking Statements”.
Slide 23: July 2015 Jervois Resource
July 2015 Jervois Resource For personal use only Jervois Category Tonnes Copper Silver Lead Zinc Copper Silver Lead Zinc Cut‐off Copper Resources Mt % g/t % % kt Moz kt kt Cu% Marshall Indicated 1.4 1.45 35.6 20.1 1.6 0.5 Copper Inferred 0.3 0.90 20.2 2.5 0.2 0.5 Reward Indicated 5.0 1.14 25.3 57.1
Slide 24: Competent Person Statement
For personal use only Competent Person Statement The Jervois Exploration data in this report is based on information evaluated by Martin Bennett, who is a member of the Australian Institute of Geoscientists and a full time employee of KGL Resources Limited. Mr. Bennett has sufficient experience whic