KGL RESOURCES LIMITED — Investor Presentation 2011

Mar 31, 2011

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KENTOR GOLD

 Kentor Gold Takeover offer for Jinka Minerals

 1[st] April 2011

 Near term development of Gold and Copper Resources

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Key terms of offer

 A$7.8m for all Jinka shares and options on issue

 Repayment of Jinka loans of A$4.95m

 All cash offer to be funded from existing cash reserves

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Location of Projects

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Burnakura (100%) 50km south of Meekatharra Gabanintha (100%) 45km southeast of Meekatharra Jervois (100%) 280km northeast of Alice Springs

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Murchison Projects

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Burnakura ‐ Gabanintha

• The Burnakura and Gananintha projects are within 20km of each other, approximately 750km NE of Perth and south of Meekatharra

• Good access from Great Northern Hwy and Meekatharra‐Sandstone Road

• Planned work aimed at early conversion of mineralisation to resources to reserves

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Burnakura Gold Project ‐ Summary

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• 100% interest

• Located 50km south of Meekatharra , WA

• 47.5 km2 gold prospective tenements ‐

• of 1994 leases pre granted mining

• Open pit historic production of 216,250 oz (1.8 million tonnes at 3.8 g/t)

• Open pit production ceased in 1998 when the gold price fell below A$440 per oz

• Underground production of 50,637 oz (264,731 tonnes at 5.95 g/t)

• 160,000 tpa CIL gold plant

• Refurbished ninety‐person camp, offices and workshops

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Burnakura Gold Project ‐ Targets

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• Targeting additional mineralisation down plunge and along strike from existing pits.

• • Historical Production of Open Pit at a head rade of 3.8 t g g/

• • Existing 160ktpa CIL Plant needs minimal capital for recommissioning. Currently under Care and Maintenance program.

• • Opportunity for capacity expans on s i h ou ld r d illi ng con fi rm a suitable resource.

• • Target is Open Pit low cost gold production in the near term

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Burnakura Aerial View

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Gabanintha Copper‐Gold Project

• 100% Interest

• Located in the Archean Meekatharra Greenstone Belt of the Murchison Mineral District of WA

• • 90km[2 ] including abandoned workings of Gabanintha gold mine

• • Historic gold production of over 180,000 oz including open pit historic production, between 1987 an d 1991, o f 157,800 oz 1.52 ( million tonnes at 3.23 g/t)

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Gabanintha Copper‐Gold Project

TARGETS

• Key prospect ‐ Yagahong North Copper‐Gold Deposit

• Recent exploration success on adjacent tenements at Lady Alma and Copper Hills

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Gabanintha ‐ Yagahong North

• Yagahong North is located just north of the Yagahong open pit

• Granted mining lease

• Aim to delineate and quantify a JORC compliant resource.

• Quality gold and copper drill results beneath and lateral to existing shallow pits

• Trucking distance to Burnakurra Plant for Ore

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Gabanintha ‐ Yagahong North Section

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Gabanintha ‐ Yagahong North Section

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Jervois Base Metals Project – Summary

• 100% Interest

• Land holding 38km[2]

• 12km strike of ros ective p p

• sequence

• All mining licences granted pr or o n i t i t ro d uc ti on o f a N ti ve Title legislation

• Advanced multi‐metal p ros p ect with over $5 million incurred on past exploration

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Planned work programme

• Delineate and quantify a JORC compliant resource at Gabanintha and Burnakura

• Complete feasibility studies at Burnakura and Gabanintha for Open Pit extensions

• Recommission the Burnakura Plant and possible increase in capacity

• Complete infill drilling program at Jervois for JORC resource calculation

• Complete feasibility study at Jervois

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KEY CONTACTS

For more information contact

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Simon Milroy on +61 7 31213206 ASX Code: KGL or visit www.kentorgold.com Level 36, Riparian Plaza, 71 Eagle St, Brisbane, QLD, AUSTRALIA 4000 Fax: +61 7 3121 3030 Forward-Looking Statements: Competent Persons Statement: Thi s presen a t ti on nc u i l d es cer a n t i “F orwar d - L oo ki ng Statements”. All statements, other than statements of We advise in accordance with Australian Stock Exchange Limited Listing historical fact, included herein, including without Rules 5(10) and 5(13) that the exploration results are based on information limitation, statements regarding forecast cash flows and compiled by Mr Nigel Cranley of Plutonic Geological Services who is a potential mineralisation, resources and reserves, corporate member of the Australian Institute of Mining and Metallurgy. Mr exploration results and future expansion plans and Cranley is not a full time employee of Jinka Minerals Limited and has development objectives of Kentor Gold Limited are consented in writing to the inclusion in the presentation of matter based on forward-looking statements that involve various risks the information so compiled by him in the form and context in which it and uncertainties. There can be no assurance that such appears. statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements.

We advise in accordance with Australian Stock Exchange Limited Listing Rules 5(10) and 5(13) that the exploration results are based on information compiled by Mr Nigel Cranley of Plutonic Geological Services who is a corporate member of the Australian Institute of Mining and Metallurgy. Mr Cranley is not a full time employee of Jinka Minerals Limited and has consented in writing to the inclusion in the presentation of matter based on the information so compiled by him in the form and context in which it appears.

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