Kingsgate Consolidated Limited · ASX:KCN

Kingsgate Consolidated — Q2 2014 Earnings Presentation

19 slides from Kingsgate Consolidated's earnings presentation, June 2014

  1. Slide 1: Kingsgate Consolidated Limited June 2014 Quarterly Report

    Kingsgate Consolidated Limited June 2014 Quarterly Report

  2. Slide 2: 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 be unknown to,

  3. Slide 3: March Quarter - Highlights

    March Quarter - Highlights • Strong Group operating performance with quarterly gold production 55,450oz at total cash cost of US$857/oz • Record annual gold production of 209,500oz, at the top-end of the guidance range of 190,000oz to 210,000oz • Chatree produced 36,475oz of gold at US$631/oz and Ch

  4. Slide 4: All-in Sustaining Cost

    All-in Sustaining Cost Chatree Challenger Group Gold Sales oz 40,686 19,375 60,062 Adjusted Total Cash Costs US$/oz 672 1,266 864 (incl royalties and bi-product) Sustaining Capex US$/oz 124 7 86 Exploration Expense US$/oz - - - Corporate and Admin Costs^ US$/oz - - 76 All-in Sustaining Cost (June Qt

  5. Slide 5: Chatree

    Chatree Strong June Quarter June Quarter 2014 Chatree Quarterly Gold Production  Gold production 36,475oz Ounces US$/Oz  1,599kt @ 0.90g/t & 79.5% 50,000 (1,556kt @ 0.81g/t & 77.7%)  Grade reflects access to high grade 40,000 750 areas in A Pit Stage 2. 30,000  Recovery in-line with LOM of 80.5%

  6. Slide 6: Challenger

    Challenger Challenger Quarterly Gold Production and "All-In" Costs June Quarter 2014 Ounces US$/Oz  Gold production 18,975oz 25,000 2,500  126Kt @ 4.80g/t & 96.8% (110Kt @ 5.05g/t & 96.1%) 20,000 2,000  Localised dilution delivering lower grade 15,000 1,500  Total operating costs US$1,291 10,000

  7. Slide 7: Challenger Exploration

    Challenger Exploration Challenger Matrix Lode Drillhole locations with preliminary logging results • Awaiting full assay results

  8. Slide 8: Nueva Esperanza Development schedule

    Nueva Esperanza Development schedule Project  DFS completed with positive results  Addendum (DIA) to approved EIA lodged Schedule  DIA approval expected within 6 months  Optimisation studies for mining, metallurgy Current Work and infrastructure Program  Exploration drilling of high grade gold

  9. Slide 9: Nueva Esperanza Upside

    Nueva Esperanza Upside Highly prospective regional exploration Extensive hydrothermal alteration footprint Three established resources TETERITA Multiple highly CHIMBEROS prospective targets CERRO HUANTAJAYA POTOSI AMARILLO RIFLE ROSA Exploration drilling to BOULDER ARQUEROS GRANDOTE focus historic h

  10. Slide 10: Bowdens

    Bowdens Project timing to reflect market conditions  Major elements of the DFS largely completed. Feasibility Study  Power and water options identified but not yet finalised  Environmental monitoring and on- Environmental going field data recording Impact Statement  EIS work anticipated to be co

  11. Slide 11: Regional Exploration

    Regional Exploration Encouraging results at Sayabouly in Lao PDR High grade quartz veins extended in follow-up trenching. New channel sample results include: • 5m @ 6.7g/t gold • 4m @ 7.5g/t gold Zones of quartz-sulphide coincide with IP anomalies Further trenching later in the year as a pre-cursor

  12. Slide 12: Balance Sheet

    Balance Sheet  Cash and bullion/dore of A$74.2M at 30 June 2014 (Cash of A$64.1M and bullion/dore of A$10.1M)  The cash includes A$30.9M (gross) that was received in mid-April from the retail component of the capital raising.  Continued focus on optimising facilities over time, particularly in co

  13. Slide 13: Outlook

    Outlook • Group gold production for the fiscal year FY2015 is expected to be 195,000 to 215,000 ounces gold. • Chatree production expected to be 130,000 to 140,000 ounces. • Challenger production expected to be 65,000 to 75,000 ounces. • Nueva Esperanza optimisation work to continue while EIA addend

  14. Slide 14: Kingsgate Consolidated Limited

    Kingsgate Consolidated Limited Shares: 224 Million Market Cap: ~A$200 Million ASX: KCN www.kingsgate.com.au

  15. Slide 15: Appendix - General Disclaimer

    Appendix General Disclaimer: The information contained in this presentation is for informational purposes only and does not constitute an offer to issue, or arrange to issue securities or other financial products. The information contained in this presentation is not investment or financial product

  16. Slide 16: Chatree

    Chatree Chatree Ore Reserves as at 30 April 2013 (>0.35g/t gold cut-off grade) Tonnes Gold Silver Gold Silver AuEq Source Category Grade Grade Contained Contained (million) (g/t) (g/t) (Moz) (Moz) (Moz) From Pits Proven 45.4 0.87 7.8 1.27 11.39 Probable 14.8 0.78 6.0 0.37 2.86 Stockpiles 9.3 0.58 9.

  17. Slide 17: Challenger

    Challenger Challenger Ore Reserves as at 30 June 2013 Tonnes Gold Gold Source Category Grade Contained (million) (g/t) (‘000 oz) From Mine Proven 0.25 5.52 40 Probable 0.22 8.30 60 Challenger Total Total 0.47 6.82 100 Challenger Mineral Resources as at 30 June 2013 Tonnes Gold Gold Source Category G

  18. Slide 18: Nueva Esperanza

    Nueva Esperanza Nueva Esperanza Ore Reserves (0.5g/t AuEq60 cut-off grade) Gold Silver Gold Equiv Gold Silver AgEq AuEq Tonnes Category Grade Grade Grade Contained Contained Contained Contained (millions) (g/t) (g/t) (g/t) (Koz) (Moz) (Moz) (Moz) Proved - - - - - - - - Probable 17.1 0.27 97 1.89 148

  19. Slide 19: Bowdens

    Bowdens Bowdens Mineral Resources as at 30 June 2013 (30g/t AgEq cut-off grade) Grade Contained Metal Category Tonnes Silver Lead Zinc AgEq Silver AgEq AuEq (million) g/t % % g/t (Moz) (Moz) (Moz) Measured 23.6 56.6 0.31 0.41 74.5 43.0 57 1.25 Indicated 28.4 48.0 0.27 0.36 63.6 43.8 58 1.28 Meas & I

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