Slide 1: Exceptional grades, exceptional costs, exceptional growth
For personal use only Exceptional grades, exceptional costs, exceptional growth Corporate Presentation March 2012 ACN 112 389 910
Slide 2: Kingsrose – Strategic Focus
Kingsrose – Strategic Focus • Specialist Miner For personal use only • Focus on non-mechanized, narrow vein mining. • Geological Focus • “Rim of Fire” • Bonanza Grade, Low Sulphidation Epithermals • Key Project • Way Linggo (85%) in Sumatra, Indonesia
Slide 3: Kingsrose … Way Linggo on the Rim of Fire
Kingsrose … Way Linggo on the “Rim of Fire” • Located in the Rim of Fire and on the For personal use only Trans Sumatra Fault Zone • World’s second-most significant source of gold deposits – Tertiary Age 3
Slide 4: Kingsrose … The Approach
Kingsrose … The Approach • Developing Country – A need to be socially responsible. For personal use only • Respect for local customs, cultures and beliefs • Local workforce – 4 expats only • Focus on regional economic output and employment multipliers. • Sustainable outputs from training, education
Slide 5: Kingsrose … Rewarding our Shareholders
For personal use only Kingsrose … Rewarding our Shareholders • Capital Appreciation • Over 500% share price increase in 3 years • Organic Growth – self funding a $14m Good Liquidity exploration budget this year from cash flow • Dividends • Announced intent to pay an interim dividend in June quarter
Slide 6: Way Linggo Mine – the growth
Way Linggo Mine – the growth • Orebody drilled just 350m along strike and 200m vertically For personal use only • Epithermal veins continuous in all directions • Evidence of fluid telescoping system • Possible extensions to extend ore system 250m 150m 6
Slide 7: Way Linggo Process Plant
Way Linggo Process Plant • Free milling ore (non-refractory) For personal use only • 140,000tpa conventional plant • Crushing > milling > leach >merrill-crowe > smelting > gold & silver dore • Gold and silver refined at refinery in Java, Indonesia • SAG mill installed mid-2011 to de-bottleneck mater
Slide 8: Way Linggo – The scorecard
Way Linggo – The scorecard 2011 C year Steady State Expanded Capability For personal use only Mill Tonnes t 106,410 140,000 200,000 Gold Grade g/t 12.9 11.0 11.0 Gold Produced oz 40,497 45,000 64,000 Mining Cost US$/t 66 50 48 Process Cost US$/t 88 76 71 Admin Cost US$/t 29 19 14 Operating Cost US$/
Slide 9: Organic Growth – Exploration Strategy
Organic Growth – Exploration Strategy • Corporate Objective – to self-fund exploration and project development For personal use only • Mining operation is built – focus now moved toward exploration and extending life and/or expanding scale • Exploration Strategy & Budget – US$14m for 2011-12 year, 1
Slide 10: Immense exploration upside
Immense exploration upside • 100sqkm 4th Generation For personal use only Contract of Work • 15 defined epithermal 15 exploration zones/targets targets • Epithermal veins exist 3 exploration priorities and/or outcrop Talang cluster • Strong gold and Way Linggo mine associated metal Semung Kecil anom
Slide 11: Talang Santo – Major Cluster of Epithermal Veining
For personal use only Talang Santo – Major Cluster of Epithermal Veining • The first priority target to be extensively drill tested was successful • Located just 7km north of Way Linggo with a haul road in place • Resource Estimate (Inferred) 879,000t @ 5.9 g/t Au & 14.6g/t Ag 166,000oz Gold & 413,0
Slide 12: Talang Santo – Ore system expanding
Talang Santo – Ore system expanding Latest drill results - mineralisation is open to the west, east & at depth For personal use only 350m 600m 12
Slide 13: Talang Santo – Ore system expanding: Comparison to Way Linggo
Talang Santo – Ore system expanding Comparison to Way Linggo For personal use only 250m 150m 350m 600m 13
Slide 14: Talang Santo – The Second Mine
For personal use only Talang Santo – The Second Mine • Development starts - just 9 months after the first significant drill result • Trial mining has commenced – ore production expected to supplement Way Linggo ore feed late in June quarter 2012 14
Slide 15: Way Linggo – Total Mineral Resource Estimate (JORC)
Way Linggo – Total Mineral Resource Estimate (JORC) Classification Tonnes Au g/t Ag g/t Au oz Ag oz For personal use only Measured 0 0 0 0 0 Indicated 0 0 0 0 0 Inferred 879,000 5.89 14.63 166,400 413,000 Total 879,000 5.89 14.63 166,400 413,000 DDH 226 4.65m @ 16.31 g/t Au,47 g/t Ag (from 305.6 m)
Slide 16: Exceptional growth – Aggressive drilling program
Exceptional growth – Aggressive drilling program • Drill testing of other priority Targets: For personal use only • Extensions to the Way Linggo Mine • Semung Kecil – on 3rd hole, high grade epithermal floats • Way Sapta – a structural look-alike to Way Linggo – good outcropping veins • Rowo Rejo –
Slide 17: Corporate Summary
For personal use only Corporate Summary Board Members Corporate Structure Market ASX John Morris Chairman Share Code KRM Chris Start Managing Director Listed Option Code KRMO Tim Spencer Finance Director Share Price $1.30 Bill Phillips Director 52 week high/low $0.90 - $1.96 Peter Cook Director Shar
Slide 18: Kingsrose – Achieving and Performing
Kingsrose – Achieving and Performing • Our Achievements For personal use only • In 3 years – acquired, permitted, designed, developed and delivered production from the Way Linggo mine • Emerged as one of the lowest cost gold miners in the world • Developed the project with a socially responsible, te
Slide 19: Why Invest in Kingsrose?
Why Invest in Kingsrose? Exceptional Grade For personal use only Specialist high-grade narrow vein miners – We chase profit not ounces. Exceptional Cost Sub- US$200/oz after silver credits, EBITDA US$16.7m Dec 2011 Quarter Exceptional Growth Second mine at Talang Santo – exceptional prospectivity Re
Slide 20: Disclaimer
Disclaimer General Disclaimer For personal use only • This presentation has been prepared by Kingsrose Mining Limited (“Kingsrose” or the “Company”). It should not be considered as an offer or invitation or inducement to subscribe for or the purchase of any securities in the Company. This presentati
Slide 21: Board of Directors – Highly Experienced & Successful
For personal use only Board of Directors – Highly Experienced & Successful Mr. Morris has over 36 years experience in exploration, project development and management of public listed resource companies. John Morris He has held prior directorships in a number of gold and base metals public companies