AI assistant
KGL RESOURCES LIMITED — Investor Presentation 2012
Jun 27, 2012
65179_rns_2012-06-27_0c6087c7-d76e-43b2-a885-3a9546182ca8.pdf
Investor Presentation
Open in viewerOpens in your device viewer
==> picture [596 x 179] intentionally omitted <==
----- Start of picture text -----
Kentor Gold Ltd
ACN 082 658 080
----- End of picture text -----
28 June 2012
Australian-based Kentor Gold Limited (ASX: KGL) is entering the ranks of operating gold mining companies in 2012. The Company is progressing a pipeline of advanced projects in Australia and the Kyrgyz Republic.
More High Grade copper results from the Jervois Copper-Silver-Gold Project
Further high grade drilling results have been received from diamond drilling at the Jervois copper project in the Northern Territory.
Reward
The Murchison Gold Project in Western Australia -scheduled to commence high grade gold mining at the Burnakura plant in mid-2012, with the potential to add goldcopper production from the neighbouring Gabanintha deposit.
4.2m @ 6.6% Cu, 0.3% Pb, 0.2% Zn, 30g/t Ag, 0.19g/t Au from 37.4 m (Hole JMET2)
Marshall
21.4m @ 3.0% Cu, 0.4% Pb, 0.4% Zn, 40.1g/t Ag, 0.38g/t Au from 94.5 m (Hole JMET 6)
Bellbird
The high grade, very low cost Andash Gold-Copper Project in the Kyrgyz Republic – development-ready, awaiting site access and targeting 2013 to commence production at 70,000 oz gold and 7,400 tonnes copper pa for an initial six years, with high potential for expansion.
The Jervois Copper-Silver-Gold Project in the Northern Territory – targeting 2014 startup following current studies into developing the high grade copper-silver resource with potential for gold, magnetite and other base metals.
==> picture [184 x 4] intentionally omitted <==
7.0m @ 2.3% Cu, 23.4g/t Ag, 0.32g/t Au from 42.6m (Hole JMET8)
Kentor Gold Limited (“Kentor Gold” or “the Company”) is pleased to announce that drilling at the Jervois Project in the Northern Territory continues to indicate significant mineralisation in targeted areas.
Diamond drilling of diamond tails remains on target to be completed by mid-July.
The 10,000m RC program is also nearing completion with the rig expected to demobilise from site next week.
All thirteen metallurgical diamond holes are in Ammtec’s laboratory in Perth where comminution test work and assaying is nearing completion. Composites are now being prepared in advance of flotation test
Issued capital:
106.2 million ordinary shares 5.8 million unlisted options
Market Capitalisation
27 June 2012: $72 million
Kentor Gold Limited
www.kentorgold.com.au
==> picture [41 x 37] intentionally omitted <==
==> picture [460 x 164] intentionally omitted <==
==> picture [460 x 163] intentionally omitted <==
==> picture [460 x 164] intentionally omitted <==
==> picture [460 x 164] intentionally omitted <==
Page 2 of 5
28 June 2012
Kentor Gold Limited
www.kentorgold.com.au
==> picture [41 x 37] intentionally omitted <==
==> picture [460 x 164] intentionally omitted <==
==> picture [460 x 163] intentionally omitted <==
==> picture [460 x 164] intentionally omitted <==
==> picture [460 x 164] intentionally omitted <==
Page 3 of 5
28 June 2012
Kentor Gold Limited
www.kentorgold.com.au
==> picture [40 x 37] intentionally omitted <==
Table 1. Drill Hole Mineralisation Intercepts
| Hole ID |
Easting | Northing | RL | Dip | Azimuth | BOX* (m) |
From (m) |
To (m) |
Interval (m) |
_EHTW (m)_** |
Cu % |
Pb % |
Zn % |
Ag g/t |
Au g/t |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| JMET1 | 630378 | 7495138 | 364 | -50 | 270 | 19.2 | 12.3 | 16.8 | 4.5 | 2.9 | 0.4 | 0.1 | 0.4 | 13.1 | 0.02 |
| JMET2 | 630384 | 7495137 | 364 | -60 | 270 | 19.8 | 37.4 | 36.1 | 4.2 | 2.1 | 6.6 | 0.3 | 0.2 | 30.0 | 0.19 |
| JMET6 | 630328 | 7494550 | 356 | -60 | 270 | 12.6 | 85.5 94.5 |
94.5 115.9 |
9.0 21.4 |
4.5 10.7 |
0.5 3.0 |
0.5 0.4 |
0.4 0.4 |
53.4 40.1 |
0.12 0.38 |
| JMET8 | 627291 | 7490840 | 362 | -50 | 270 | 28.0 | 0.0 35.4 42.6 |
4.9 36.3 49.6 |
4.9 0.9 7.0 |
3.1 0.6 4.5 |
0.4 2.6 2.3 |
0.0 0.0 0.0 |
0.0 0.0 0.0 |
0.9 14.0 23.4 |
0.05 0.08 0.32 |
| JMET12 | 630290 | 7494585 | 357.5 | -70 | 360 | 30.0 | 22.8 55.7 |
28.3 80.7 |
5.5 25.0 |
n/a | 0.1 1.5 |
1.6 0.2 |
0.1 0.1 |
8.1 28.2 |
0.01 0.22 |
| JMET13 | 627280 | 7490730 | 367 | -70 | 350 | 17.0 | 0.0 20.4 39.0 64.5 71.8 |
9.2 28.0 40.8 71.8 81.0 |
9.2 7.6 1.8 7.3 9.2 |
n/a | 0.6 0.7 1.0 0.4 0.9 |
0.0 0.0 0.0 0.0 0.0 |
0.0 0.0 0.0 0.0 0.0 |
2.2 0.0 3.1 0.8 4.4 |
0.08 0.07 0.12 0.04 0.08 |
Base of Oxidisation down hole depth *Estimated horizontal true width
Page 4 of 5
28 June 2012
Kentor Gold Limited
www.kentorgold.com.au
==> picture [40 x 37] intentionally omitted <==
Mr Simon Milroy Managing Director Phone: (07) 3071 9003 Email: [email protected]
Mr. David Waterhouse Investor Relations Phone (03) 9670 5008 Email: [email protected]
Competent Person Statement
The data in this report is based on information compiled by Rudy Lennartz, who is a member of the Australasian Institute of Mining and Metallurgy and a full time employee of Kentor Minerals (NT) Pty 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.
Page 5 of 5
28 June 2012