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10  July  2013    Company  Announcements  Office  Australian  Securities  Exchange  Limited  Level  6,  20  Bridge  Street  Sydney  NSW  2000    

 

CORPORATE  PRESENTATION    Please  find  attached  a  copy  of  the  Company’s  current  Corporate  Presentation.      Further  information  regarding  the  Company  and  its  Projects  can  be  found  on  its  website  www.kingsrosemining.com.au.        Yours  faithfully  KINGSROSE  MINING  LIMITED  

       

TIMOTHY  SPENCER  INTERIM  MANAGING  DIRECTOR  KINGSROSE  MINING  LIMITED    For  more  information  please  contact:    Investors:                 Media:      Tim  Spencer                 Paul  Armstrong        Managing  Director               Read  Corporate  +61  8  9486  1149               +61  8  9388  1474  www.kingsrsosemining.com.au            info@kingsrosemining.com.au    About  Kingsrose  Mining  Limited:  

Kingsrose  Mining  Limited  is  a  gold  producer  that  owns  85%  of  the  Way  Linggo  Project  in  South  Sumatra,  Indonesia.  The  Project  has  emerged  as  small  but  highly  profitable  due  to  its  high  gold  and  silver  grades  and  low  operating  costs.  The  Way  Linggo  Project,  held  under   a   highly   prized   4th   Generation   Contract   of   Work   agreement   with   the   Indonesian   government   (mining   title   of   10,540  hectares),  sits  on  the  prolifically  mineralised  Trans-­‐Sumatra  Fault,  which  is  part  of  the  Pacific  Rim  of  Fire.  The  area  is  considered  highly   prospective   for   low-­‐sulphidation   epithermal   gold-­‐silver   deposits.     Kingsrose  made   a   second   high   grade   epithermal   gold  discovery   in  mid-­‐2011,   named   Talang   Santo   (7km  NNE   of   the  Way   Linggo  mine)   and   it   is   now   under   development.   The   early  exploration  success  and  the  numerous  positive  indicators  on  the  property  give  the  Company  confidence  that  further  high-­‐grade  gold  deposits  will  be  found.    

High Grades & Low Costs …the Springboard to Future Growth

Corporate Update - July 2013

ACN: 112 389 910

Way Linggo Project Highlights – Key Value Drivers

Resources Rich Location

“Rim of Fire” in Sumatra, Indonesia - low sulphidation epithermal system

Established Project (85% owned)

2 mines & 1 processing plant on 100km2 of secure title (4th generation CoW)

Outstanding Grades

Specialist high-grade narrow vein miners – profit, not ounces

Significant Growth Potential

Talang Santo – very large, highly prospective system

Socially Responsible Operations

Strong local community engagement & employment

“Our philosophy is to mine our resource for maximum free cash flow and profit and return excess cash generated to Shareholders via Dividends. Kingsrose conducts its operations in a socially responsible manner and strongly believes in providing education and

employment opportunities to the communities in which we operate. Our mining methods have minimal surface impact and we uphold the highest environmental standards.“

FY 2013 - What happened?

•  March 2012 Decision to move Talang Santo from exploration to pre-development phase and

preparation for the regulatory approval processes commenced;

•  June 2012 Trial mining on 2nd level and development of external shaft to Level 3 underway;

•  September 2012 Fatality at Talang Santo resulted in suspension of activities there, pending

completion of an investigation and regulatory approvals;

•  October 12 June 13 Timeframe and expertise to complete regulatory requirements was under-estimated;

Approval letter from Directorate General of Minerals & Coal advising mining is

received for Talang Santo mine (24 June 2013);

•  Way Linggo mine: Production was tapering off due to the ground conditions making remnant mining

activities difficult. Ore extraction was restricted to the lowest risk areas to minimize

the chance of any safety related incidents further disrupting the project

For  all  intents  and  purposes  we  are  now  back  mining…  

The Way Linggo Project - The Next Chapter

•  The focus is on fast tracking development at Talang Santo into early cash flow

•  A “step-back” review of Way Linggo mine and surrounding geology is in progress

•  Talang Santo is over 3 times bigger than Way Linggo

and remains open

•  All infrastructure and key personnel are in place

•  Local community workforce and strong support

for ongoing activities

“All systems go!!”

The Talang Santo Mine

•  JORC Mineral Resource Estimate (Indicated & Inferred)

1,660,980 @ 5.39 g/t Au & 16.77g/t Ag1

= 287,489oz Gold & 894,951oz Silver

•  Greater than 3 times the size of the Way Linggo orebody and remains open along strike and at depth

•  Mine infrastructure incl.

•  400tpd Headframe/Winder

•  Power station

•  Located 17km by haul road

from the Way Linggo process

plant

1. For full details, including rounding details and cut off grades, refer JORC Resource Statement in 2012 Annual Report

Talang Santo –The Mine Plan

External  sha,  

Mine  adit  Internal  Sha,  

Level  2  

Level  5  

Level  4  

Level  3  

Talang Santo – 3 x The Size of Way Linggo and Growing….

300m

150m

1000m

300m

Orebody remains open along strike and at depth

Talang Santo – High Grades and High Potential for Growth

•  Development work

has exposed the ore body

on Level 2 & Level 3

•  Samples indicate gold grade

exceeds current resource

model grade1

•  Similar to what occurred at

the Way Linggo mine

1.  Refer  ASX  Announcement  25  June  2013  for  a  complete  lis1ng  of  face  sampling  results  and  sampling  methodology  .  

Talang Santo – Face Sampling vs Drill Results

1.  Refer  September  2012  Quarterly  report  ASX  Announcement  26  October  2012  for  a  complete  lis1ng  of  drill  results  .  

Talang Santo – Major Cluster of Epithermal Veining

Additional Exploration Targets – Proximal to Talang Santo

Figure&12:**Inferred*quartz*vein*surface*traces,*poten(al*vein*targets,*cross@structures,*regional*lineaments*and*drill*holes*for*the*Way*Lunik*area*in*the*northern*part*of*the*Way*Linggo*CoW*shown*on*an*image*of*the*first*ver(cal*deriva(ve*minus*the*horizontal*gradient*magnitude*of*the*reduced*to*the*pole*magne(c*data*(100@m*line*spacing),*which*shows*zones*of*rela(vely*high*magne(c*response*in*red.*The*poten(al*vein*targets*(pink*lines)**are*drawn*to*coincide*with*linear*zones*of*steeper*topography*and*the*margins*of*the*magne(c*highs,*which*are*inferred*to*be*steeply*dipping*pre@mineraliza(on*faults.*These*inferred*faults*may*contain*gold@bearing*quartz*vein*lodes*locally*and*cons(tute*good*targets*for*trenching*and*drilling.*

400 m

Tl.&Toha&

Tl.&Santo&

Tl.&Samin&

Regional lineament

Quartz vein trace

Cross-structure

Potential vein trace

*

Results at Talang Samin include:

•  DDH168 - 6.2m @ 3.85 g/t Au and 14.24 g/t Ag; & 0.2m @ 20.3 g/t Au and 1,049 g/t Ag

•  DDH180 - 4.75m @ 4.3 g/t Au and 5.45 g/t Ag from 73.75m, (including 0.5m @ 30.2 g/t Au and 30.4

g/t Ag); & 1.4m @ 5.18 g/t Au and 4.31 g/t Ag from 89.2

Refer to March 2011 Quarterly Activities Report ASX Announcement - 29 April 2011 and June 2011 Quarterly Activities Report ASX Announcement – 27 July 2011 for a complete listing of drill results.

The Geology Points to Additional High Grade Deposits Being Found…

•  100km2 land holding

•  Large exploration footprint in prolifically

mineralised area (“Rim of Fire”)

•  Numerous defined epithermal zones/targets

•  Epithermal veins exist and/or outcrop

•  Strong gold and associated metal

anomalism exists

•  Intense epithermal clay alteration

Looking Ahead to 2014 and Beyond

•  Mining rates •  Mine production:

•  End of Quarter 1: 150tpd

•  End of Quarter 2: 250tpd

•  End of Quarter 3: 350tpd

•  End of Quarter 4: +400tpd (June 2014)

•  Expected grades: 11 g/t gold & 30 g/t silver

•  Milling/gold production to recommence 1 October 2013 at a rate of approximately 300 tpd and stepping up from there, in line with mine production

•  Gold Production •  Reach 35,000 ounce annualised rate by beginning of 2014

•  Reach 40,000 ounce annualised rate by mid 2014

•  Reach 50,000+ ounce annualised rate by end 2014

•  Production Costs •  C1 costs falling from $550 to $400 as production ramps up this financial year •  “All in” costs circa $650/oz by end of Quarter 3 2014  

The above targets are guidance only. They are not guarantees of future performance and may involve unknown risks and uncertainties and other factors that are beyond the control of the Company. Therefore results ultimately achieved may differ materially from the above.

The Way Linggo Mine - The Benchmark

•  EBITDA: USD $83m

•  Au Produced: 64,706oz

•  Mined Au grade: 13.1g/t

•  EBITDA/Oz: USD $1,282

•  Costs: C1 USD $207/oz1

C3 USD $491/oz2

“All- In” Project Costs USD $606/oz3

June 10 to

July 12

1  C1:  Total  Cash  Costs  (less  silver  by  product    credit)  2  C3:  C1  +  royal1es,  deprecia1on  and  mine  development  amor1sa1on  3  All-­‐in  project  costs:  C3  +  capitalised  mine  development  costs  

Industry Cost Curve – Well Positioned to Deliver Returns

Source: Company Reports, Bloomberg, JCF Factset, Incrementum AG and Internal Analysis

“Stress Testing” POG at USD $1,200/oz

KRM “All-in Cash Costs $USD650/0z)

0

200

400

600

800

1000

1200

1400

1600

1800

2010 2011 2012

Average Gold Price C1 Cash Costs (Industry Average) All-in Cash Costs (Industry Average)

USD

Community Initiatives – Co-operation & Engagement

Health Initiatives

•  Substantial food & equipment donations

•  Subsidised medical care, incl. malaria control & prevention & birth control

Education Initiatives

•  Student scholarships & teacher allowances

•  School building renovations

Economic Stimulation

•  Provision of micro loans to assist local entrepreneurs

•  Employment opportunities – majority of mine workers are from local villages

•  Financial assistance to local infrastructure projects – roads, bridges, water drainage

& development of micro hydroelectric systems for power generation

Disclaimer The information contained in this document (“Presentation”) has been prepared by Kingsrose Mining Limited (“Kingsrose” or the “Company”). This Presentation does not constitute an offer or invitation to any person to subscribe for or apply for any securities in the Company. While the information contained in this Presentation has been prepared in good faith, neither the Company nor any of its shareholders, directors, officers, agents, employees or advisers give any representation or warranties (express or implied) as to the accuracy, reliability or completeness of the information in this Presentation, or of any other written or oral information made or to be made available to any interested party or its advisors (all such information being referred to as “Information”) and liability therefore is expressly disclaimed. Accordingly, to the full extent permitted by law, either the Company nor any of its shareholders, directors, officers, agents, employees or advisers take any responsibility for, or will accept any liability whether direct or indirect, express or implied, contractual, tortious, statutory or otherwise, in respect of, the accuracy or completeness of the Information of for any of the opinions contained in this Presentation or for any errors, omissions or misstatements or for any loss, howsoever arising, from the use of this Presentation. Neither the issue of this Presentation nor any part of its contents is to be taken as any form of commitment on the part of the Company to proceed with any transaction and the right is reserved to terminate any discussions or negotiations with any person. In no circumstances will the Company be responsible for any costs, losses or expenses incurred in connection with any appraisal or investigation of the Company. In furnishing this Presentation, the Company does not undertake or agree to any obligation to provide the recipient with access to any additional information or to update this Presentation or to correct any inaccuracies in, or omissions from, this Presentation which may become apparent. This Presentation may include certain statements that may be deemed “forward-looking statements”. All statements in this presentation, other than statements of historical facts, that address future activities and events or developments that the Company expects, are forward-looking statements. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those in the forward-looking statements. The Company, its shareholders, directors, officers, agents, employees or advisers, do not represent, warrant or guarantee, expressly or impliedly, that the information in this Presentation is complete or accurate. To the maximum extent permitted by law, the Company disclaims any responsibility to inform any recipient of this Presentation of any matter that subsequently comes to its notice which may affect any of the information contained in this Presentation. Factors that could cause actual results to differ materially from those in forward-looking statements include market prices, continued availability of capital and financing, and general economic, market or business conditions. Investors are cautioned that any forward-looking statements are not guarantees of future performance and that actual results or developments may differ materially from those projected in forward-looking statements.

Competent Person Statement

Exploration Results:

The information in this report that relates to exploration results is based on information compiled by Mr Andrew Spinks, B.App. Sc (Geology),

Grad.Dip (Mining) and is a member of AusIMM who is a Director of Kingsrose Mining Limited. Mr Spinks has sufficient experience which is relevant to

the styles of mineralisation and types of deposits and to the activity 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 (“JORC Code”). Mr Spinks consents to the inclusion

in this report of the matters based on his information in the form and context in which it appears.

Mineral Resource Estimate:

The information in this report that relates to mineral resources and ore reserves is based on information complied by Mr Peter Cook, BSc Applied Geol.

MSc (Min Econ) and is a member of AusIMM, and a consultant to Kingsrose Mining Limited. Mr Cook has sufficient experience which is relevant to the

styles of mineralisation and types of deposits and to the activity he is undertaking to qualify as a Completent Person as defined in the 2004 edition of

the Australian Code for Reporting of Exploration Results, Mineral Resources or Ore Reserves (“JORC Code”). Mr Cook consents to the inclusion in this

report of the matters based on his information in the form and context in which is appears.

Appendix One - The Contract of Work (KRM 85%)

•  4th generation CoW covering 100km2

•  Legally binding agreement between the

Republic of Indonesia and PT Natarang

•  Mining Limited (85% subsidiary)

•  Provides security of tenure until 2034

•  2 operating underground mines

•  Talang Santo

•  Way Linggo

•  140,000tpa Processing Plant

•  Capacity to expand to 200,000tpa

Appendix Two – Corporate Structure

Highly Experienced Board & Management Chairman – John Morris •  +38yrs experience in exploration, project

development & management of resource companies

Interim Managing Director – Timothy Spencer •  +16yrs in accounting, treasury & finance •  Extensive experience in precious metals markets & hedging strategies Non Executive Director – Andrew Spinks •  Geologist with +24yrs technical, corporate &

managerial experience within Australia & overseas

Non Executive Director - Bill Phillips •  +30yrs experience in mining

contracting & mine management – specialist underground miner

President Director (PTNM) - Herryansjah •  Geologist +26yrs experience in gold and base

metals •  Overseen numerous exploration and

development projects in Indonesia Head of Mining & Geology – Jerry Baguio •  Ex - Barrick Gold / Medusa Mining Ltd. •  20 years experience including 7 years as

Resident Mine Manager at Co-O mine, Philippines.

Capital Structure

•  Shares on Issue 290m

•  Share Price $0.50

•  Market Capitalisation ~$145m

•  Av. Daily Volume 350,000