Kalimantan Gold
Investor Presentation
Rahman Connelly | London | October 2006
Kalimantan Gold Investor Presentation Rahman Connelly | London | - - PowerPoint PPT Presentation
Kalimantan Gold Investor Presentation Rahman Connelly | London | October 2006 Disclaimer Kalimantan Gold The information contained within this presentation is not intended to be a comprehensive review of all matters and developments
Rahman Connelly | London | October 2006
Kalimantan Gold
2 Disclaimer
The information contained within this presentation is not intended to be a comprehensive review of all matters and developments concerning Kalimantan Gold Corporation Limited (KLG) and KLG assumes no responsibility as to its completeness, accuracy or currency. This presentation may contain forward-looking statements which involve risks and uncertainties which may affect KLG's business and prospects and cause actual results to differ from the forward-looking statements. Specifically, charts, tables and text in this presentation may make use of estimates. Forward-looking statements contained in this presentation may be affected by the following factors, among others: – risks associated with mining exploration, development, construction and mining operations; – changes in the equity markets and market conditions for equity financing; – changes in the price of commodities; – changes in foreign currency exchange rates; – foreign investment risk; – government regulations including regulations relating to prices, taxes, royalties, land tenure, use, importing and exporting
The information in no way should be construed or interpreted as – or as a part of – an offering or solicitation of securities. No securities commission, stock exchange or other regulatory authority in Canada or any other country or jurisdiction has in any way passed upon this information and no representation or warranty is made by KLG to that effect .
Kalimantan Gold
3 Kalimantan - Overview
in Indonesia
prospects
program - vital ahead of potential mining
Kalimantan
Kalimantan Gold
4 Indonesia – Large Exploration Potential
20 32 34 52 24 36 55 3 9 4 6 10 5 8
2
21 7 11 12 13 14 15 16 17 18
1
19 22 30 31 27 26 23 25 29 28 33 35 37 38 39 40-45 48 47 46 51 50 49 53 54
= In Operation = Exploration / Development Copper/Gold/Silver Base Metals Coal (Selected) Other Kalimantan
Active Operators include: RioTinto Freeport Newmont BHP Billiton, Eramet Newcrest Antam Avocet
Kalimantan Gold
5
The Copper Story
Kalimantan Gold
6 Indonesia: Copper Rich
– Freeport’s Grasberg mine – Newmont’s Batu Hijau mine
margins and magmatic arcs) provide heat sources and structures favourable for copper and gold mineralisation
underexplored
Kalimantan Gold
7 Copper Exploration - Central Kalimantan
Work (CoW)
Baroi
– Drilling – over 20 km – IP & mag surveys – over 190 km – Samples – over 9,000 – Aeromagnetics – 8000 km – Structural analysis
Kalimantan Gold
8
* Terry Leach paper to PDAC “ Porphyry Copper Gold Systems in Central Kalimantan” ** Resource World Magazine
contribute to more than 50% of annual world production (~15mt)**
Au - in-ground asset / resource $380bn
0.42g/t Au: in-ground asset / resource $50bn
CoW– New Copper Porphyry Province
Kalimantan Gold
9 Baroi Prospect
massive 6x4km area
porphyry deposits in the region*
for deeper drilling
*Leach Report 2003
Hole BF-5 – 83 meters @ 2.6% copper; 0.6% lead; 1.9% zinc; 61 g/t silver and 0.22 g/t gold
Kalimantan Gold
10
Low Zone South Polymetallic South Zone Main Zone North Polymetallic West Zone
N/W S/E
Beruang Kanan looking S/W
Right structural setting intersecting major faults Drill hole BK2 results up to 167 meters @ 0.59% copper Two independent technical reviews Deep drill ready
Beruang Prospect
Kalimantan Gold
11
faults
– Airborne geophysics & satellite image interpretation – Geological mapping/sampling – Diamond drilling
Mansur Prospect
Kalimantan Gold
12 Development Strategy
– Initial funding period
– Right to sole fund JV to earn equity
– Project Financing
financing
Kalimantan Gold
13 Summary – Copper Prospects
transforming
independent review of data to prioritize drill targets
joint development of the prospects
“The KSK CoW contains the Baroi, Beruang and Mansur prospects.......mineralisation shows similarities with that which occurs in similar arc-related settings in Indonesia and the south-west Pacific, which are known to host economically significant copper deposits.” SRK Competent Persons Report
Kalimantan Gold
14 GOLD
Kalimantan Gold
15 Jelai Mewet – East Kalimantan
Goldfields (Ivanhoe)
gold mineralisation
Kalimantan Gold
16 Mewet Prospect
200m
gold
drilled
Kalimantan Gold
17 Select Indochina Drill Hole Results
Hole Hole Fro From To To Metr Metres es Au g/t Ag g/t
JM011 26.31 28.43 2.12 6.9 16 10 13 14 20 8 15 3 18 JM012 57.00 58.70 1.70 11.1 JM013 38.33 40.20 1.87 7.5 JM015 67.50 69.00 1.50 7.3 JM018 115.00 119.51 4.51 6.4 JM019 185.10 191.20 6.10 5.7 JM024 58.07 59.35 1.28 8.4 JM024 60.73 60.85 0.12 53.8 JM015 69.27 70.77 1.50 7.4
Kalimantan Gold
18
Proposed Drill Holes
Jelai Mewet Drilling Program
drilling program
prospects
Kalimantan Gold
19 Summary - Gold Prospects
Kalimantan Gold
20 Directors & Management
Murray Clapham, Chairman Rahman Connelly, Executive Chairman Peter Bojtos, Director Doris Meyer, CEO
Brett Gunter, Technical Advisor Jelai Mewet Bardolf Paul, Community Development Manager
Kalimantan Gold
21 Key Focus over next 6 months
– US$2.5m deep drilling program funded by Oxiana
– Substantial drilling program to prove up initial Indicated Resource to NI 43-101 standards
– Work through extensive data on hand to acquire other well worked / highly prospective areas in Kalimantan
Kalimantan Gold
22 Share Structure
KLG/TSX.V
57.1 million
17.3 million
3.6 million
78.0 million
69.5%
21%
9.5% Shareholders Kalimantan Investment Corp. Management Retail & Institutional holders
Kalimantan Gold
23 Community Development Program
conditions locally
– Building local capacity to self-manage village level development – Linking villages with local government services – Linking donor agency support to the needs of communities
ahead of potential mining operations
Kalimantan Gold
24 Investment Opportunity
by the market
definition
commitment Listing on AIM
Kalimantan Gold
25 Contacts
www.kalimantan.com Rahman Connelly Doris Meyer Executive Chairman President and CEO Office +61 7 55232298 Office +1 604 536 2711 Mobile +61 418 116955 Email: rconnelly@ozemail.com.au Email: dorism@telus.net
Kalimantan Gold
26
Appendices
Kalimantan Gold
27 Baroi Geology
Kalimantan Gold
28 Baroi
Kalimantan Gold
29
Cu-Au Geochem Anomalies IP Chargeability High
BF0047 BF0046 BF0048 BF0049 BB04 BB03 BC08 BC09
BDH-4 Diamond Drill Hole
BB-7 BB-6 BB-5
Baroi soil and IP chargeability anomalies
Kalimantan Gold
30
Surface/Channel Samples
Baroi Drilling
Sample No Meter Cu % Pb % Zn % Au_Ave Ag 0633-5 12 3.90 0.01 0.03 0.07 53.3 672-5 12 6.06 0.17 0.40 0.72 197.5 1800 & 1845-6 9 4.16 0.24 0.76 0.05 62 1802 & 1863-4 9 0.83 0.17 3.79 0.06 24.7 1869-71 9 2.42 0.54 3.26 0.16 149.7 0641-3 9 14.03 0.04 0.66 0.11 464.3 0669-71 9 3.63 0.01 0.51 0.07 46 0241&0330 6 6.68 3.51 5.78 0.61 240 0648-9 6 6.73 0.04 0.32 0.14 104.5 676-7 6 15.60 0.02 0.25 0.14 240.5 682-3 6 6.30 0.02 0.17 0.04 103 724-5 6 4.82 0.30 1.84 0.04 119.5 822-3 6 7.68 0.52 0.78 0.05 332.5
Kalimantan Gold
31
Drill Core Results
Baroi Drilling
Hole From To Meters Cu (%) Pb (%) Zn (%) Ag(g/t) Au(g/t) BF-4 52.75 76.75 24.00 1.53 0.25 2.27 28.6 0.13 BF-5 2.45 85.45 83.00 2.64 0.62 1.85 61.1 0.22 Incl. 2.45 31.45 29.00 3.18 1.71 4.21 97.1 0.57 Incl. 40.45 64.45 24.00 5.08 0.04 1.24 88.5 0.02 BF-9 6.80 36.80 30.00 2.18 0.07 0.37 53.7 0.05 BF024 13.50 61.50 48.00 0.52 0.26 0.18 28.1 0.02 BF28/030 1.00 42.85 41.85 3.18 0.99 1.85 101 0.16 Incl. 1.00 12.05 11.05 11.05 1.64 2.55 296 0.24 BF29/033 27.95 64.90 36.95 0.73 1.08 0.02 144.7 0.23 BF040 36.30 67.30 31.00 1.04 0.59 2.9 29.6 0.17 BF0048 154.50 184.50 30.00 1.1 0.2 0.8 29.4 0.02 Incl. 163.50 175.50 12.00 2.2 0.05 0.5 47.8 0.02
Kalimantan Gold
32
BK-2 : 0 4 .5 0 – 1 7 1 .5 0 m : 1 6 7 .0 0 m @ 0 .5 9 % Cu including : 9 3 .0 0 m @ 0 .7 5 2 % Cu
BK-2
Proposed Drill hole
Kalimantan Gold
33 Jelai Sample
Kalimantan Gold
34
Jelai Mewet