KGL RESOURCES LIMITED — Investor Presentation 2012

Oct 21, 2012

Kentor Gold Gold Symposium - Sydney

22 Oct 2012

Corporate Structure

Murchison Gold Project

20 open pits and one underground mine

Alliance Pit – Cross Section

NOA 2 Underground Mine Portal

NOA 2 Underground Design – Existing workings shown in green

Underground Mining Equipment arriving at site

NOA 7 and 8 Long Section Showing g/t * m Interval

NOA 7 & 8 Mine Design

Four Stage Growth Strategy

Jervois Copper Project

Reward Results

2012 Exploration Results

• 60m @1.3 % Cu, 113.3 g/t Ag JMET 11
• 33.8m @ 1.79% Cu, 28.5 g/t Ag RJ201
• 53.5m @ 1.08% Cu, 24.9 g/t Ag RJ202
• 16.3m @ 1.87% Cu, 55.3 g/t Ag JMET3
• 10.3m @ 2.1% Cu, 13.3 g/t Ag JMET4
• 12m @ 3.72% Cu, 40.7 g/t Ag RJ206
• 4.2m @ 6.6% Cu, 30 g/t Ag JMET2
• 21.4m @ 3% Cu, 40.1 g/t Ag JMET6
• 7m @ 2.3% Cu, 23.4 g/t Ag JMET8
• 25m @ 1.5% Cu, 28.2 g/t Ag JMET12

Reward North

2012 Exploration Results

8m @ 4.8% Cu, 62.1 g/t Ag, 0.35 g/t Au 9m @ 4.9% Cu, 66.2 g/t Ag, 1.22 g/t Au

Bellbird Results

2012 Exploration Results

• 18.9m @ 2.44 % Cu, 16.3 g/t Ag RJ222
• 15.5m @ 1.55% Cu, 28.5 g/t Ag RJ221
• 10m @ 4.64% Cu, 23.5 g/t Ag RJ217

Bellbird extension

6m @ 1.2% copper, 10.3g/t silver and 12.43g/t gold from 64 m (down hole), including

2m @ 2.3% copper, 21g/t silver and 35.2g/t gold from 65 m

Chubko Prospect

Discovered due to work conducted by the NTGS in collaboration with the CSIRO led Centre of Excellence for 3D Mineral Mapping

ASTER (Advanced Space-bourne Thermal Emission and Refraction Radiometer)

Area 1.3 km x 700m of anomalous copper and gold on surface

Reward Ore Body Long Section

• Inferred Copper Resource of 11.9 Mt @ 1.3% Cu and 25.2 g/t Ag
• 150,500t of contained copper and 9.7 m oz contained silver

Andash Open Pit and Ore Body

• Wide ore body, bulk mining
• Outcrops
• Low strip ratio 0.72:1

$0.50 - > 0.75$
$0.75 - 1.00$
$1.00 - > 1.50$
1,50 -> 999.(

Andash Long Section through Block Model

• Low strip ratio 0.7:1
• Base of pit follows footwall
• High grade starter pit

Summary

• Murchison Gold Project Ramping up Production
• Jervois Copper Project Feasibility Study underway

Andash Project

Government Interdepartmental Commission established to address the issues at Andash

Disclaimer

Competent Persons Statements

• The data in this report that relates to Mineral Resource Estimates for Jervois is based on information evaluated by Mr Simon Tear who is a Member of The Australasian Institute of Mining and Metallurgy (MAusIMM) and who has sufficient experience relevant to the style of mineralisation and type of deposit under consideration and to the activity which he is undertaking to qualify as a Competent Person as defined in the 2004 Edition of the Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves (the "JORC Code"). Mr Tear is a full-time employee of Hellman & Schofield Pty Ltd and he consents to the inclusion in the report of the Mineral Resource in the form and context in which they appear.
• The Resource estimates for Andash in this report are based on information compiled by Dr. Phil Newall, who is a Chartered Engineer and Fellow of the Institute of Materials Minerals and Mining and a full time employee of Wardell Armstrong International. Dr. Newall has sufficient experience which is relevant to the style of the mineralisation and the type of deposit under consideration and to the activity to which he is undertaking, to qualify as a Competent Person as defined in the 2004 Edition of the Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves. Dr. Newall has consented to the inclusion of this information in the form and context in which it appears in this report.
• The exploration data in this report relating to the Jervois project is based on information compiled by Rudy Lennartz, who is a member of the Australian Institute of Mining and Metallurgy and a full time employee of Jinka Minerals Ltd. Mr. Lennartz has sufficient experience which is relevant to the style of the mineralisation and the type of deposit under consideration and to the activity to which he is undertaking, to qualify as a Competent Person as defined in the 2004 Edition of the Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves. Mr. Lennartz has consented to the inclusion of this information in the form and context in which it appears in this report.
• The information in this report that relates to exploration results for Murchison is based on work completed by Mr Keith Mayes who is a full-time employee of Kentor Gold Limited and a Fellow of the Geological Society of London. Mr Mayes has sufficient experience which is relevant to the style of mineralisation and type of deposit under consideration and to the activity which he is undertaking to qualify as a Competent Person as defined in the 2004 Edition of the 'Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves'. Mr Mayes has consented to the inclusion of this information in the form and context in which it appears in this report.

For more information contact

Simon Milroy on +61 7 3071 9003 or visit www.kentorgold.com

ASX Code: KGL Level 9, 40 Creek Street, Brisbane, QLD, AUSTRALIA 4000 Fax: +61 7 3071 9008

Forward-Looking Statements:

This presentation includes certain "Forward-Looking Statements". All statements, other than statements of historical fact, included herein, including without limitation, statements regarding forecast cash flows and potential mineralisation, resources and reserves, exploration results and future expansion plans and development objectives of Kentor Gold Limited are forward-looking statements that involve various risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements.