KSN Investor Presentation June 2015
Released
Released
Announcement PDF
Kingston Resources Limited
KSN
Investor Presentation
June 2015
Kingston Resources Ltd
25-27 Jewell Parade North Fremantle, Western Australia 6159
t +61 8 9336 6619 f +61 8 9335 3565 w www.kingstonresources.com.au e info@kingstonresources.com.au
KINGSTON
RESOURCES
LIMITED
-‐
Investment
Highlights
Kingston
aims
to
discover
a
Copper
/
Gold
deposit
and
deliver
significant
returns
to
shareholders
• Upcoming
drilling
campaign
at
Six
Mile
Hill
•
•
•
Mul:-‐hole
program;
regular
news
Selected
as
flagship
project
for
SA
Government
funded
Mineral
Systems
Drilling
Program
Key
targets
at
less
than
250m
depth
• Outstanding
technical
team
•
•
Led
by
former
Chief
Geophysicist
Global
Explora:on
for
Barrick
Gold
Technical
approach
repeatedly
endorsed
with
funding
by
SA
Government
• Low
opera?ng
expenditure;
low
market
cap
•
•
Commitment
of
>$1M
cash
and
>$1M
in-‐kind
SA
government
support
this
financial
year
Any
success
likely
to
deliver
significant
upside
• Excellent
project
areas
•
•
World
class
Olympic
Copper-‐Gold
province
New
mineral
province:
north
Eyre
Peninsula
*Hiltaba
ELA
awarded
pending
grant
www.kingstonresources.com.au
KINGSTON
RESOURCES
LIMITED
-‐
Corporate
Profile
Shares
on
Issue
146
million
Share
Price
(at
18
June
2015)
$0.029
Market
Capitalisa:on
$4.2
million
Cash
(at
31
March
2015)
$753,000
Op:ons
28.6
million
@
$0.07
Exp
30
Jun
16
25.7
million
@
$0.20
Exp
31
Dec
15
Top
20
shareholding
70%
Board
shareholder
representa:on
39%
Kingston
team
with
South
Australian
Minister
for
Mineral
Resources
and
Energy
(leK)
and
Director
of
the
Geological
Survey
(right)
following
award
of
Mineral
Systems
Drilling
Program
KEY
PERSONNEL
Non-‐execu:ve
Chairman
Jonathan
Davies
BJuris
LLB
Execu:ve
Director
Stuart
Rechner
BSc
(Geology)
LLB
GAIG
GAICD
Technical
Lead
Barry
Bourne
BSc
(Hons)
FAIG
MAICD
Director
/
Company
Secretary
Mathew
Whyte
BCom
CPA
FCSA
Non-‐execu:ve
Director
Yafeng
Cai
CPA
www.kingstonresources.com.au
KINGSTON
RESOURCES
LIMITED
-‐
Six
Mile
Hill
Project
Highly
Prospec?ve
area
§
§
§
§
§
Prominent
Hill
Straddles
Olympic
Copper-‐Gold
Province
and
new
mineral
province
Key
rocks
associated
with
mineralisa:on
event
are
present
Anomalous
density
and
magne:c
features
Drill
targets
modeled
to
depths
of
less
than
250m
1970s
drilling
shows
sediment-‐hosted
copper
in
rocks
above
best
target
Olympic
Cu-‐Au
Province
Olympic
Dam
Government
supported
§
Selected
for
South
Australian
Government
Mineral
Systems
Drilling
Program
§ More
than
$7
million
total
collabora:on
funding
(Cash
and
In
Kind)
from
par:cipants:
SA
Department
of
State
Development,
Deep
Emerging
mineral
province
Explora:on
Technologies
Coopera:ve
Research
Centre
(DET
CRC),
Kingston
and
Minotaur
Explora:on
Ltd
(ASX:
MEP)
§ Includes
major
diamond
drilling
campaign
Six
Mile
Hill
CuPng
Edge
Technologies
§
§
Deploying
several
new
technologies
developed
by
the
DET
CRC
The
DET
CRC
is
an
8
year,
$145
million
research
centre
to
develop
transforma:onal
technologies
for
mineral
explora:on
through
cover
Significant
Media
Coverage
§
Herald
Sun,
Paydirt,
Resource
Stocks,
AusIMM
Bulle:n,
Greenfields
Explorer
www.kingstonresources.com.au
Hillside
KINGSTON
RESOURCES
LIMITED
-‐
Six
Mile
Hill
Project
Prospec?ve
Geology
Roopena
Shear
Zone
§ Gawler
Range
Volcanics
seen
in
outcrop
and
historic
drilling
at
Six
Mile
Hill
§ Known
Hiltaba
Suite
granites
to
the
south
§ Recent
and
historic
copper
prospects
and
occurrences
to
the
south
of
Six
Mile
Hill
along
the
Roopena
Shear
Zone
(including
Renascor
ASX:RNU)
§ NE/NW
fault
arrays
Copper
Prospects
and
Occurrences
www.kingstonresources.com.au
KINGSTON
RESOURCES
LIMITED
-‐
Six
Mile
Hill
Project
World
Class
Targets
§
§
§
SM1
SM1
SM2
SM2
Residual
detailed
Bouguer
gravity
(2.67g/cc)
with
gravity
model
Isosurfaces
of
density:
+0.075g/cc
light
blue
outer
shell,
+0.15g/cc
in
dark
blue
inner
Main
target
areas
shown
in
red
Reduc:on
to
Pole
magne:c
grid
with
magne:cs
model
Isosurfaces
of
magne:c
suscep:bility
in
pink
Main
target
areas
shown
in
red
www.kingstonresources.com.au
Large
density
and
magne:c
features
Drill
targets
are
less
than
250m
from
surface
Shallow
sediment-‐
hosted
copper
mineralisa:on
(green)
above
SM1
target
area
KINGSTON
RESOURCES
LIMITED
-‐
Six
Mile
Hill
Project
Drilling
Campaign
to
Commence
in
July
§ Five
hole
diamond
drilling
program
to
test
top
:er
targets
§ South
Australian
Government
managing
environmental
and
heritage
approvals
§ Deep
Explora:on
Technologies
ready
to
be
deployed
to
the
field
www.kingstonresources.com.au
KINGSTON
RESOURCES
LIMITED
-‐
Cootanoorina
Project
Characteris?cs
of
Cootanoorina
Project
ü Loca?on
–
On
the
margin
of
Olympic
Domain
as
defined
by
Geoscience
Australia
and
GSSA
ü Structure
-‐
Regional
scale
NE
orienta:on
in
regional
gravity,
magne:cs
and
outcrop
geology
to
east
ü Mineralisa?on
–
Local
Cu
mineral
occurrences
to
east
with
Prominent
Hill
to
the
south
west.
Trace
suphide
in
veins
in
drilling
with
haema:te
selvage
(no
sericite)
ü Magma?sm
–
Paleoproterozoic
volcanics
intersected
in
drilling
immediately
north
of
project
with
granite
dykes
and
sills
ü Host
–
Evidence
of
uplip
from
gravity
ridge
and
outcrop
to
east.
Altered
Peake
Metamorphics
intersected
in
shallow
historic
drilling.
ü Altera?on
–
Poten:al
for
hema:te
altera:on
as
defined
in
new
gravity
data
and
magne:te
for
regional
magne:c
data.
Residual
regional
magne:cs
with
major
deposit
loca:ons
www.kingstonresources.com.au
KINGSTON
RESOURCES
LIMITED
-‐
Cootanoorina
Project
ü Mineralisa?on
§ Cu/Au
occurrences
on
surface
in
older
Proterozoic
Peake
Metamorphics
§ Looking
for
IOCG
mineralisa:on
along
NW
oriented
structure
under
shallow
cover
to
the
west
of
outcropping
Peake-‐Denison
Inlier
ü Altera?on
Surface
geology,
target
loca:ons
with
mineral
occurrences
§ Residual
detailed
Bouguer
gravity
(2.67g/cc)
with
regional
structure
§ Gravity
features
defined
by
recent
detailed
ground
gravity
survey
by
Kingston
(black
dots)
§ Detailed
gravity
modelling
has
confirmed
target
poten:al
(target
features
in
blue)
§ Historical
drilling
show
in
yellow
ü SA
Government
PACE
Drill
Co-‐Funding
§ $70,000
funding
to
test
best
IOCG
target
Tenement
width
~46km
www.kingstonresources.com.au
KINGSTON
RESOURCES
LIMITED
-‐
Hiltaba
Project
Hiltaba
project
Hiltaba
EL
applica?on
Gawler
Range
Volcanics
§ Explora:on
Licence
Applica:on
awarded
pending
grant
§ Located
at
western
margin
of
southern
Gawler
Ranges
/
northern
Eyre
Peninsula
§ Emerging
new
mineral
province
§ Part
of
Mineral
Systems
Drilling
Program
study
area
(Stage
2
-‐
Minotaur
Explora:on)
§ Hiltaba
Suite
granites
and
Gawler
Range
Volcanics
present
www.kingstonresources.com.au
KINGSTON
RESOURCES
LIMITED
-‐
Hiltaba
Project
Prospec?ve
Geophysics
§ Analy:c
Signal
magne:c
image
§ Open
file
mineral
drill
holes
in
yellow
§ Kingston
zone
of
interest
(yellow)
along
strike
from
Mineral
Systems
Drilling
Program
targets
§ SA
government
funded
Mineral
Systems
Drilling
Program
proposed
targets
(Minotaur
Explora:on)
in
black
10km
*From
ASX:
MEP
presenta:on
2105
www.kingstonresources.com.au
KINGSTON
RESOURCES
LIMITED
JUN
JUL
AUG
SEP
OCT
SIX
MILE
HILL
Cu-‐Au
Environ
Heritage
MSDP
Stage
1
drilling
(Kingston)
Assays
Analysis
COOTANOORINA
Cu-‐Au
Magne:c
survey
Modelling
targets
Environ
Heritage
HILTABA
Cu-‐Au
Tenement
granted
NOV
DEC
MSDP
Stage
2
drilling
(Minotaur)
Kingston
tenement
along
strike
JAN
FEB
Drilling
Assays
Analysis
Results
analysis
Airborne
EM
Indica've
'meline
Competent Person Statement
The
informa:on
in
this
presenta:on
that
relates
to
results
of
geophysical
explora:on
is
based
upon
informa:on
compiled
by
Mr
Barry
Bourne,
who
is
employed
as
a
Consultant
to
the
Company
through
geophysical
consultancy
Terra
Resources
Pty
Ltd.
Mr
Bourne
is
a
fellow
of
the
Australian
Ins:tute
of
Geoscien:sts
and
a
member
of
the
Australian
Society
of
Explora:on
Geophysicists.
He
has
proper
and
relevant
experience
with
the
styles
of
mineralisa:on
as
well
as
the
kinds
of
mineral
deposits
under
considera:on
and
ac:vi:es
undertaken.
This
is
sufficient
to
qualify
him
as
a
“Competent
Person”
as
defined
in
the
2012
Edi:on
of
the
Joint
Ore
Reserves
Commivee
(JORC)
Australasian
Code
for
Repor:ng
of
Explora:on
Results,
Mineral
Resources
and
Ore
Reserves.
Mr
Bourne
consents
to
the
inclusion
in
the
presenta:on
of
mavers
based
on
informa:on
in
the
form
and
context
in
which
it
appears.
JORC
Code
2012
Repor?ng
The
most
recent
JORC
Code
2012
edi:on
explora:on
results
repor:ng
on
the
informa:on
contained
within
this
ASX
Announcement
can
be
reviewed
in
the
“KSN
Explora:on
Update
–
October
2014”
ASX
Announcement
as
released
to
ASX
on
30th
October
2014.
www.kingstonresources.com.au
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