DEFININGTHE POTENTIAL
DEVELOPING THE OPPORTUNITIES
DELIVERINGTHE OUTCOMES
ASX:KIN - www.kinmining.com.au
DisclaimerThis presentation is not a prospectus nor an offer for securities in any jurisdiction nor a securities recommendation. The information in thispresentation is an overview and does not contain all information necessary for investment decisions. In making investment decisions inconnection with any acquisition of securities, investors should rely on their own examination of Kin Mining NL and consult their own legal,business and/or financial advisers.
The information contained in this presentation has been prepared in good faith by Kin Mining NL, however no representation or warrantyexpressed or implied is made as to the accuracy, correctness, completeness or adequacy of any statements, estimates, opinions or otherinformation contained in this presentation. To the maximum extent permitted by law, Kin Mining NL, its directors, officers, employees andagents disclaim liability for any loss or damage which may be suffered by any person through the use or reliance on anything contained in oromitted from this presentation.
Certain information in this presentation refers to the intentions of Kin Mining NL, but these are not intended to be forecasts, forward lookingstatements or statements about future matters for the purposes of the Corporations Act or any other applicable law. The occurrence ofevents in the future are subject to risks, uncertainties and other factors that may cause Kin Mining NL’s actual results, performance orachievements to differ from those referred to in this presentation. Accordingly, Kin Mining NL, its directors, officers, employees and agents donot give any assurance or guarantee that the occurrence of the events referred to in the presentation will actually occur as contemplated
Competent Persons StatementThe information contained in this report relates to information compiled or reviewed by Mr. Paul Maher who is a member of the (AusIMM) and Mr. Simon Buswell-Smith who is aMember of the Australian Institute of Geoscientists (MAIG), both are employees of the company and fairly represent this information. Mr. Maher and Mr. Buswell-Smith have sufficientexperience of relevance to the styles of mineralisation and the types of deposit under consideration, and to the activities undertaken to qualify as Competent Persons as defined in the2012 edition of the “JORC Australian code for reporting of Exploration Results, Mineral Resources and Ore Reserves”. Both consent to the inclusion in this report of the matters basedon information in the form and context in which it appears.
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Corporate Snapshot
ASX Code KINIssued Shares 90,482,891Unlisted Options 13,955,000Share Price * $ 0.27Market Cap * ~ 25MCash $1,289,000 – (30.6.16)
* As at 29th July 2016
Corporate Summary
53%
25%
13%
6%
3%
Shareholders
Retail Investors
Directors
High Net Worths
Mining Partners
Institutional
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Directors and ManagementTerry Grammer Non-Executive ChairmanDon Harper Chief Executive OfficerTrevor Dixon Executive DirectorFritz Fitton Technical DirectorJoe Graziano Director/Company Secretary
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Kin Mining NL – Who are We?
Our Strategy
Potential
Opportunities
Outcomes
Our Assets
• Total Land Holding of 545sq km
• JORC Resources of 722,300 oz Au
• Untapped Underground Potential
• Infrastructure in place at Leonora
• Holding in a well known Gold Region
DESDEMONA
Leonora
REDCASTLE
MURRIN MURRIN
RAESIDE134koz Au (ASX:KIN)
MT FLORA
RANDWICK
IRON KING
King of the Hills3.8Moz
(ASX:SAR)
MERTONDALE395koz Au (ASX:KIN)
Harbour Lights1Moz (ASX:SBM)
Tower Hill1Moz (ASX:SBM)
Sons of Gwalia7Moz (ASX:SBM)
CARDINIA193koz Au (ASX:KIN)
Mt Morgan’s & Westralia 3Moz
(ASX:DCN)
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Transition From Explorer to Producer 722,300oz
• Over 70% of the 722,300 oz total Resource
classified as Indicated (JORC 2012)
• Scoping study indicates a revenue of over $460M
using a conservative A$1500 gold price
• Pre-Feasibility Study Commenced
Positive Scoping Study Outcome for the LGP
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Key Financial Parameter Base Case A$1500 oz A$1700 oz
NPV (A$M) $56.3 $105.5
Revenue (A$M) $461.6 $523.13
Operating Costs (A$M) $318.9 $318.9
Free Cashflow (A$M) $142.7 $204.3
Capital Costs (A$M) $55.0 $55.0
EBITD (A$M) $87.7 $149.3
C1 Cash Cost (A$/oz) $1,010 $1,010
AISC (A$/oz) $1,185 $1,185
IRR (%) 30% 48%
Payback (months) 45 30
* All key parameters based on scoping study inputs and Whittle pit shells and are indicative only
Kin Mining NL Development
• Acquisition of the Leonora Gold Project provided the Company with a head start against peers with 722,300 oz of JORC 2012 Resources
Plan to become a gold producing company within the next three years
Scoping Study demonstrates a
economically viable project with
substantial upside
Kin has commenced with a Feasibility
study, with a favourable outcome
expected
Fast track to production with outstanding early-
stage mining opportunity identified
for start-up open pits at Lewis
Kin intend to be a gold producer
within three years
• Scoping Study demonstrates a base case development scenario of open cut mines delivering 1Mtpa at 1.7g/t average gold grade to a standalone CIL plant over a 6 year mine life.
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Current Schedule 2016(1st Half)
2016(2nd Half)
2017(1stHalf)
2017(2nd Half)
2018(1st Half)
2018(2nd Half)
2019(1st Half)
2019(2nd Half)
Scoping Study CompleteDemonstrated a base case scenario of an open cut mine delivering 1Mtpa at 1.7g/t average gold grade to a standalone CIL plant over a 6 year mine life
Lewis Trial MineOperation
Approvals granted. Mining commenced in April
Toll Treatment
Gold Pour
Prefeasibility Study Commenced Positive PFS secure fundingMove to FS
Feasibility Study Secure funding for plant build
Approvals
Construction
Operations Commence Mining
First GoldPour
Kin Mining NL Development Leonora Gold Project-Current Schedule
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LEONORA
GOLD
PROJECT 2019
Mertondale 5.59Mt @ 2.2g/t
Bruno-Lewis-Kyte 3.40Mt @ 1.3g/t
Helens & Rangoon 1.27Mt @ 1.3g/t
Raeside 1.57Mt @ 2.6g/t
(Mineral Resources 722,300 ozs)
Helen’s North, Helen’s South, Black Chief, Gambier Lass
Murrin Murrin, Kingfisher, Hobby, Triangle,
Nevertire, Pelsart, Mertondale Targets T1-T5, Cook
Paradise, Paradise North, Annapurna
Mt Flora, Iron King, Anzac, Eagle, Flamingo and Pelican, Webster’s Find
Group C Targets - Tonto (T6-T8), Mertondale 5 (T9), Quicksilver (T10)
Mert’s Reward South (T11), Mertondale Shear Zone (T12)
Gwalia South, Redcastle, Coronation Well, Randwick, Kismet, Golden Dolerite
Group D Targets - Mertondale East (T13), Egret, Charcoal West
ProductionScoping Study complete PFS commenced, Production 2019underground and open cut scenarios
Resources JORC 2012Open along strike and at depthLeonora Gold Project 11.825Mt @ 1.9g/t Au
Geochemical AnomaliesAnomalous gold-in-soil resultsand some significant drill results
Advanced ProjectsTargets with some drilling however mineralisation is not closed off, scope to advance projects to resource status
TargetsStructural and MagneticAnomalies, AnomalousRock chip sampling
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Active Project Portfolio Advancing to Production
395,000oz of Gold Along the Mertondale Shear Zone… and Growing
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• Core Asset for the Pre-feasibility Study
• Potential to grow Resources along Shear Zone
TONTO
39,000oz @1.8g/t Au
49,000oz @1.8g/t Au
60,000oz @1.9g/t Au
110,000oz @2.2g/t Au
91,000oz @2.6g/t Au
46,000oz @3.0g/t Au
Mertondale Project
• Multiple open cut Resources creates a flexible mine plan
TONTO
MERT 3/4
MERTS REWARD
QUICKSILVER
TONTO
ECLIPSE
MERT 5
1 km
MERT 3/4
Mineralisation Outside Current Resource
Resource Optimisation (blue shell)
51m @ 5.62 g/t Au
8m @ 3.50 g/t Au
2m @ 8.60 g/t Au
21m @ 5.68 g/t Au
18m @ 3.97 g/t Au
1m @ 20.68 g/t Au
1m @ 31.09 g/t Au
25m @ 2.82 g/t Au
15m @ 4.54 g/t Au
5m @ 12.60 g/t Au
13m @ 3.43 g/t Au
3m @ 5.78 g/t Au
5m @ 6.90 g/t Au
20m @ 2.30 g/t Au
3m @ 6.51 g/t Au
3m @ 6.00 g/t Au
5m @ 4.47 g/t Au
2m @ 6.78 g/t Au
7m @ 8.59 g/t Au
6m @ 11.40 g/t Au7m @ 16.18 g/t Au
Underground Potential Defined at Tonto
1111
Defined Along the Mertondale Shear Zone
0.6m @1.95 g/t Au 0.6m @0.50 g/t Au
0.6m @0.54 g/t Au
Long Section looking west from Merton’s Reward through to Mertondale 3/4 (1.8km) highlighting the mineralisedsystem with existing underground workings (orange + yellow), open pits (light brown), high grade mineralisation
(+5g/t Au in magenta) and high ranked targets (T1-T5).
Merton’s Reward Underground Mine
Mertondale 3/4
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Merton’s Reward Maiden Drilling Delivered
5m @ 8.0g/t Au incl 1m @ 24.7g/t Au MR15RC002 29m @ 1.4g/t Au incl 10m @ 1.7g/t Au and 7m @ 1.8g/t Au MR15RC003 27m @ 2.7g/t Au incl 2m @ 16.5g/t and 5m @ 5.5g/t Au MR16RC004 15m @ 1.8g/t Au incl 5m @ 3.8g/t Au MR16RC005 1m @ 16.7g/t Au and 1m 8.1g/t Au MR16RC006 1m @ 10.7g/t Au MR16RC008 9m @ 2.2g/t Au incl 4m @ 3.7g/t Au and 7m @ 1.9g/t Au incl 1m @ 7.5g/t Au MR16RC010 22m @ 2.7g/t Au incl 8m @ 4.7g/t Au MR16RC011 6m @ 1.6g/t Au incl 1m @ 5.8g/t Au and 6m @ 2.5g/t Au incl 1m @ 9.5g/t Au MR16RC014 6m @ 3.0g/t Au incl 1m @ 9.1g/t Au MR16RC019 23m @ 2.1g/t Au incl 2m @ 8.7g/t Au MR16RC020 5m @ 2.3g/t Au incl 2m @ 4.4g/t Au MR16RC021
A$1500 Pit Optimisation
100mbs
200mbs
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Merton’s Reward Maiden Drilling Delivered
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MR15RC003 4m @ 2.36g/t Au including 1m @6.56g/t Au
MT15RC001 5m @ 5.47g/t AuIncluding 2m @ 11.95g/t Au
And 6m @ 1.91g/t Au
MR15RC003 29m @ 1.35g/tAuIncluding 10m @ 1.73 and
7m @ 1.83g/t Aug/t Au
MR15RC001 25m @ 0.54g/t AuIncluding 4m @ 1.65g/t Au
MR15RC002 5m @ 7.99g/t AuIncluding 1m @ 24.70g/t Au
T2 Target
Merton’s RewardExtension
Recent drill intersections sit outside current Resource model and have delivered gold mineralisation below and along strike of the current Mertondale Resource
MR15RC003 29m @ 1.35g/t Au incl10m @ 1.73g/t Au and 7m @ 1.83g/t Au
• Large portion of mineralisation sits below current open pit Resource at Mertondale 3
• Recent drilling confirms mineralisation persists at depth
• Mineralisation is concentrated within and at the margins of a distinct felsic porphyry
• Focus of potential underground development
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MT15RC0016m @ 1.91g/t Au
MT15RC001 5m @ 5.47g/t Au incl 2m @ 11.95g/t Au
Mertondale 3Underground Potential Beginning to Grow
Southern end of Open Cut Pit
Mining at Lewis Open Pit Cardinia
HIGHLIGHTS :
• Outstanding early-stage mining opportunity identified with low cost start-up open pits at Lewis, within the larger +130,000oz Bruno-Lewis Resource.
• Kin extracted the first ore from the Lewis Open Pit in early July
• First parcel of ore to be delivered to Lakewood processing facility in coming weeks
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• Gwalia Shear Zone hosts Multiple World Class Gold Deposits
• Kin Mining’s Gwalia Shear Zone coverage is now 26 strike kilometers commencing immediately south of the Sons of Gwalia mine
• Multiple gold targets identified along the newly acquired Gwalia South corridor
• Gold hosting geology and structural sequence continues through into Kin’s tenure
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Desdemona Project Camp Scale TargetsUnlocking the Potential along the World Class Gwalia Shear Zone
CWA728 12m @3.57g/t Au
CWC779 4m @ 15.15g/t Au
HWA03078m @ 22.48g/t Au
Kailis 50koz
Harbour Lights 1Moz
Tower Hill 1Moz
Sons of Gwalia 7Moz
Gwalia South Prospect ???oz
CWA500 10m @ 0.94g/t Au Incl2m @ 2.04g/t Au EOH
Gwalia South Camp Scale Target
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• 2.5km south of Sons of Gwalia (7Moz) Mine
• Same geological sequence
• Same structural regime that is found at multiple Million ounce deposits
• Poorly tested due to predominately vertical shallow aircore drilling by previous owners
• 1600m Stage 1 drill programme is planned to commence in 2016
• Drilling planned near historic Annapurna Prospect CWC7794m @ 15.15g/t Au
CWC779 4m @ 15.15g/t Au
From 170m
Stage 1Drill Areas
• Kin Mining are on the path to an early cash flow.
• Outstanding tenement package within the prolific Leonora region.
• Strong board and management with track record of making
discoveries and running successful mining operations.
• Acquisition of the Leonora Gold Project provides an outstanding,
low risk pathway to production:
• Near-term production opportunity at Cardinia - Lewis
• Scoping Study complete PFS commenced
• Numerous exciting exploration opportunities within broader project
portfolio.
• Highly leveraged to growth through acquisition and exploration
success – market cap of ~$25 Million (@ 0.27 cents).
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Why Invest in Kin Mining?Quality team. Quality projects. Clear Pathway to Production and Growth
Phone: (08) 9242 2227Email: [email protected]
www.kinmining.com.au
Define …. Develop …. Deliver
Thank You
Kin Mining NL Office342 Scarborough Beach RoadOsborne Park, WA 6017
Mailing AddressPO Box 565Mount Hawthorn, WA 6915
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