Kingsgate Consolidated Limited · ASX:KCN
Kingsgate Consolidated — Shareholder Meeting (November 2008)
20 slides from Kingsgate Consolidated's shareholder meeting presentation, Nov 13, 2008
Slide 1: Kingsgate 2008
KINGSGATE (Ge ins to Ui alae ea Le Tina iiee a Z008
Slide 2: Chairman's Address
Kingsgate C Consolidated lid t d Limited Li it d Chairman’s Address 13 November 2008 Ross Smyth-Kirk Smyth Kirk Chairman
Slide 3: CEO's Summary
Kingsgate Consolidated Limited CEO’s Summary 13 November 2008 Gavin Thomas Chief Executive Officer
Slide 4: Kingsgate's Transition to Growth
Kingsgate’ss Kingsgate Transition to Growth
Slide 5: Disclaimer
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, & may beb unknown k
Slide 6: Disclaimer (2)
Disclaimer (2) Competent Person Person’ss Statement: Information in this presentation that relates to Exploration Results, Mineral Resource and Ore Reserve estimates, geology, drilling and mineralisation, is based on information compiled by Ron James, James who is an employee of the Kingsgate Group
Slide 7: Profitable Past Year
Profitable Past Year FY08: Produced 74,000oz @ 1.1g/t Produced gold at Global average cash cost US$457/oz Average global cost Costs similar to prior year Demonstrated profitability at Profitable at low g gold grade g FY08: Operating profit $8m Low grade More profitable at average grade Good infrastr
Slide 8: Income Statement - Solid Base
Income Statement - Solid Base (A$Million) 2007 - 08 2006 - 07 Revenue Gold/Silver 74 52 Interest 2 1 Investment Sales 44 10 Mining Costs (39) (50) Employee Costs (8) (8) Admin Costs (6) (6) D&A (9) (9) Finance Costs (4) (3) Exploration / Development (1) (4) Hedge Accounting (5) 1 Pre Tax Profit 48 (
Slide 9: Transition Phase
Transition Phase Chatree Nth mining leases granted New Pits Four new pits producing early’09 being developed Transition: old to new mining areas Higher grade & higher tonnage will Costs to reduce bring reduced costs: US$350/oz to US$350/oz Full production resumed in early ‘09 Access procedures: slow
Slide 10: Return to production growth
Return to production growth Full production in Mar-June Qtr ‘09 Return to Increased grade to ~2g/t Full production T Transition: iti old ld tto new mining i i areas New mining areas opening up – A pit, C North, K West
Slide 11: Production Growth
Production Growth Full production in Mar-June Qtr ‘09 Return to Increased grade to ~2g/t Full production Transition: old to new mining areas Higher grade & higher tonnage will Costs to reduce bring reduced costs: US$350/oz Grade to increase Full production resumed in early ‘09 Production rate 125-15
Slide 12: Expansion: De-risking process
Expansion: De-risking process Review underway to de-risk expansion & financing Increase resource base during process Plant Expansion + 2.6mtpa Current Plant 2.4mtpa Expansion Plant Area
Slide 13: Excellent Track Record
Excellent Track Record World’s Safest Gold Mine AusIMM award World’s best ISO standards Only mining company granted Social Accountability SA8000 Zero Environmental Incidents Community projects Training focus - 99% Thai 23% women in management High quality, stable workforce
Slide 14: Reserve/Resource Growth
Reserve/Resource Growth Resource development drill program expanding resource/ reserve base; ~1Moz added resource expected in FY09 High grades intersected between A & Q Pits
Slide 15: Initial Mining & Drilling Areas
Initial Mining & Drilling Areas Q Pits Chatree North C Currentt Mi i Mining Leases L Drilling area A Pit 3km+ A East Initial Mining Areas K West C North K East H Cutback Chatree
Slide 16: Resource Growth - in Leases
Resource Growth - in Leases Issara Mining Li it d Limited A Pit Chatree North (Looking south) Current drilling g areas Q Pits Q East trend Planned Pit shells
Slide 17: New Discoveries
New Discoveries Phitsanulok Province Resistivity Regional drilling started Anomalous An mal Zones New discoveries as large or Granted Phetchabun Province greater than Chatree 1st discovery made in Ch Chatree 70 Chatree North North km initial drilling of high Chatree priority p y target g Phichit Lar
Slide 18: Chokdee Prospect, Chatree Size?
Chokdee Prospect, Chatree Size? Chatree Resource Growth Chokdee 1.2Moz 2000 Prospect 2.0Moz 2003 Chatree 3 6Moz 3.6Moz 2005 4.6Moz 2006 5 km m Potential 5-10Moz 7 km Soil Geochemical Anomalies 3 km k The potential size or quantity of the Chokdee target is purely conceptual at this stage as there is
Slide 19: Chokdee Drilling
7,500mE 7,600mE 7700mE 7,800mE 7,900mE 8,000mE 8,100mE 13,600mN Drillholes: Chokdee Drillin TE says Pendin: @ | ee | I 3] x © Proposed . to | 23.0m@ Assays: 13,500mN 1.73g/tAu 23.0 metres at 1.73g/t gold ——~ Drill access tracks 3 Sell eochemistry anomaly () Bshppb gold) gold) C Silicification Rock c
Slide 20: Future's Improving
Future’s Improving Ramp-up phase for next 2 Qtrs Production Growth Low production during transition Higher Grades Costs will reduce as production lifts Drilling extensions to orebodies Resource Growth Significant resource growth within mining leases demonstrated Ne Disco New Discoveries eries New di
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