Kingsrose Mining Ltd · ASX:KRM
Kingsrose Mining — Shareholder Meeting (November 2014)
19 slides from Kingsrose Mining's shareholder meeting presentation, Nov 13, 2014
Slide 1: The Way Linggo Project – A New Operating Mine, A New Start
For personal use only The Way Linggo Project A New Operating Mine, A New Start Annual General Meeting Presentation 13 November 2014 ASX:KRM
Slide 2: 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 any person to subscribe for or apply for any securities in the Company
Slide 3: Corporate Overview
Corporate Overview For personal use only Key Statistics (ASX:KRM)1 Directors & Management Shares on issue 359 million John Morris Chairman Share Price ~33c Scott Huffadine Managing Director Market Cap ~$118 million Bill Phillips Non Exec Director Av. Daily Volume ~320,000 Andrew Spinks Non Exec Dire
Slide 4: Recent Milestones and Achievements
Recent Milestones and Achievements (past 12 months) Management refreshed – Scott Huffadine commenced as MD and Matthew For personal use only Smith as CFO – January 2014 All environmental/forestry permits received, allowing commencement of production at the Talang Santo Mine Production ramp up
Slide 5: Looking Forward – The Next Months
Looking Forward – The Next 12 Months For personal use only Implementation of 3 tiered growth strategy – funded from operating cashflows Consolidate mine production from Talang Santo Evaluate Talang Samin as a second potential operating mine Define near mine opportunities and increase current M
Slide 6: The Way Linggo Project – Ongoing Activities
The Way Linggo Project – Ongoing Activities For personal use only Talang Santo Mine – in production, currently drilling near mine targets from underground drill platforms with initial success Talang Samin - currently developing mineralised veins with potential to establish second operating mine
Slide 7: Santo Mine – Production Ramp Up
Talang Santo Mine – Production Ramp Up For personal use only Solid first quarter performance – only 2.5 months of mine/mill operation in ramp up 6,590oz Gold and 21,137oz Silver produced Cash and Bullion increased from A$6.2m1 to A$9.0m2 Mill recoveries remain higher than expected at 97% Gol
Slide 8: Santo Mine – Current Status
Talang Santo Mine – Current Status For personal use only Mine set-up activities progressed rapidly upon receipt of final permits Stope production commenced in late September and the schedule commenced in the Splay vein and high grade Hanging wall vein above the 2 Level Mine production levels h
Slide 9: Santo – Current Status
Talang Santo – Current Status For personal use only This review is also evaluating infill sludge drilling between the Mawi and Hanging wall veins from sublevels, which has highlighted some wider sections of the main ore body not previously identified in the wider spaced resource drill out Costs
Slide 10: The Talang Santo Mine
The Talang Santo Mine For personal use only Higher grade portion of the system – characteristic of grade zonation within epithermal systems 10
Slide 11: Growth Strategy – Tiered Approach
Growth Strategy – 3 Tiered Approach For personal use only Immediate focus on near-mine resource development Near Mine Opportunities opportunities within range of existing Talang Santo infrastructure Appraise Evaluate advanced exploration play at Talang Samin Advanced Projects Recovery of remnant res
Slide 12: Santo – Near Mine Exploration
Talang Santo – Near Mine Exploration Outside of the Splay vein there are multiple targets within 400m of the For personal use only current mine workings: The Silver vein (currently drilling) The Central Mawi vein North West Mawi vein 12
Slide 13: Samin – Advanced Exploration
Talang Samin – Advanced Exploration Talang Samin (800m from Talang Santo) is one of the most advanced and For personal use only prospective targets in the Talang Cluster area Development from the base of the 75m deep exploration shaft has successfully intersected the vein system linked to previo
Slide 14: Samin – Advanced Exploration
Talang Samin – Advanced Exploration For personal use only 14
Slide 15: Cluster – Exploration Upside
Talang Cluster – Exploration Upside The “Talang Cluster” – multiple structures out-cropping at surface within a 2km For personal use only radius of the Talang Santo Mine which is characteristic of larger epithermal systems 15
Slide 16: Further Exploration Opportunities
Further Exploration Opportunities Numerous defined epithermal For personal use only targets within the existing 100km2 Project area Work well advanced on the infill of Project scale dataset with surface mapping of alteration, structure and geochemistry and integrate with geophysics Back analys
Slide 17: Community, Safety & the Environment
Community, Safety & the Environment Occupational Health & Safety For personal use only Site is currently 512 days Lost Time Injury (LTI) Free Environmental Awareness Small footprint underground mines – minimise surface disturbance Rehabilitation and reforestation program Health Initiatives S
Slide 18: 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 Operation internally funding evaluation of growth projects Developing into higher grade areas of the ore system Continued investment i
Slide 19: 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
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