Objective Capital's Africa Resources Investment Congress 2011 Ironmongers' Hall, City of London 14-15 June 2011 Day 1: Africa Resources Speaker: Peter Hooper, Kilo Goldmines

1. AFRICA RESOURCES
INVESTMENT CONGRESS
Exploring past gold producers
Lance Hooper – Kilo Goldmines
IRONMONGERS’ HALL, CITY OF LONDON ● TUESDAY-WEDNESDAY, 14-15 JUN 2011
www.ObjectiveCapitalConferences.com

2. Investor Presentation
June 2011
J 2011
TSX Venture: KGL
Frankfurt: 02K

3. Disclaimer
The particulars contained herein were obtained from sources which we believe reliable but
are not guaranteed by us and may be incomplete. The opinions expressed are based upon
our analysis and interpretation and are not to be construed as a solicitation or offer to buy
our analysis and interpretation and are not to be construed as a solicitation or offer to buy
or sell the securities mentioned herein.
This presentation contains confidential information and by viewing this presentation, the
viewer agrees that all the information contained herein will be used by the reader solely to
determine his/her interest in Kilo Goldmines Ltd., and that such information shall be
retained exclusively for the benefit of Kilo Goldmines Ltd. The viewer agrees that he/she will
t i d l i l f th b fit f Kil G ld i Ltd Th i th t h / h ill
not, without the express consent of Kilo Goldmines Ltd., make use of, disseminate or in any
way disclose any of the confidential information to any person, firm or business, except to
the extent necessary for negotiations, discussions, and consultations with personnel or
authorized representatives of the reader for the purpose of determining such interests in
Kilo Goldmines Ltd.
Kil G ld i Ltd
No securities commission or other similar regulatory authority has reviewed or passed on
the merits of this presentation and any representation of the contrary is an offence. This
presentation is not, and under no circumstances is to be interpreted as, a prospectus, public
information, solicitation or advertisement for the sale or trade of securities.
information solicitation or advertisement for the sale or trade of securities
TSX Venture: KGL Frankfurt: 02K 3

4. Senior Management
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Klaus Eckhof, President and CEO, Director
Geologist with 20+ years experience developing mineral
G l i t ith 20 i d l i i l
deposits throughout Africa, South America, Asia, Australia
and Russia. Founded Spinifex Gold, Lafayette Mining, and
Moto (20+ M oz Au in DRC acquired by Randgold in 2009).
Moto (20+ M oz Au in DRC acquired by Randgold in 2009)
Peter Hooper, Executive Chairman , Director
B.Sc., Mining Engineering with 40+ years experience including
gold exploration and production in South Africa, Ghana,
Canada, Australia, and China. Extensive global relations and
Board experience; close corporate ties in 20+ countries.
TSX Venture: KGL Frankfurt: 02K 4

5. Management and Board
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Stanley Robinson A Canadian geologist, Stanley Robinson is a graduate of Sir George Williams and the University of
Geologist Ottawa, with over thirty years exploration and management experience in Canada and Africa,
including six years with International Gold and Ashanti Goldfields in Burkina Faso and Ghana. For
Lakota Resources Inc., Mr. Robinson was responsible for organizing and managing the Company's
exploration projects and joint ventures in Tanzania. In Burkina Faso Mr. Robinson delineated a
resource of 1.3 million ounces of gold on the Youga project; Youga is now in commercial production.
Philip Gibbs
Philip Gibbs A Chartered Management Accountant with extensive financial management experience in large
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CFO corporate environments in the manufacturing and retail sectors, both in North America and in Africa.
Philip's multi‐disciplinary exposure includes areas of Market Research, Logistics and IT Systems
implementations, providing a broad base of business acumen suited to growing businesses.
Jacques Bouchard
Jacques Bouchard A partner at Heenan Blaikie, Jacques Bouchard is the firm’s Director of International Business. He acts
firm s
Director as advisor for several governments, public corporations, multilateral development banks and major
companies. Over the past few years, he has been lead counsel for many international mandates on
behalf of clients from various countries.
Jim Mustard
Jim Mustard Jim Mustard formerly Senior Mining Analyst Vice President at Haywood Securities Inc is a
Mustard, Analyst, President, Inc.,
Director professional geologist and registered professional engineer. With over 25 years of industry experience
with major Canadian, international mining companies, and the Government of Canada, Jim’s interest
focuses on the junior exploration sector to identify early stage opportunities.
TSX Venture: KGL Frankfurt: 02K 5

6. Shareholders and Fundamentals
Top 14 Institutions (~60% of all shares) *
p ( ) Common Shares 164.2 M
JVAR Capital, 1.2%
Anson Group, 1.2% DPX Capital Inc, 1.2%
Options 16.6 M
Picton Mahoney , 1.5%
Sequoia , 1.5%
Pinetree, 2.5%
Pinetree 2 5%
Warrants 61.0 M
Libra, 12.3%
RBC, 2.7% Fully Diluted 241.8 M
Insiders and Retail Market Value $29.6M
RMB, 3.1%
RMB 3 1%
54.9% (7 June 2011 @ $0.18/share)
Sprott, 3.7% Altus Capital, 9.6%
Randgold,
4.9%
4 9%
Mackenzie Galena Asset
Financial, 6.1% Mgmt, 7.7%
* Data obtained from a variety of sources including Thomson and may not be representative of actual ownership.
TSX Venture: KGL Frankfurt: 02K 6

7. Flanked by 2 Mega M oz Deposits
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TSX Venture: KGL Frankfurt: 02K 7

8. NE DRC Exploration & Mining Activity
p g y
Banro (Twangiza Project) ‐ mine currently under
construction; slated to begin production in Q4 2011.
Randgold (Kibali Project) ‐ aims to produce first gold in
mid‐2013, six months earlier than planned.
Ashanti Goldfields (Mongbwalu Project) ‐ mine
construction to begin mid‐2011 with production and
construction to begin mid 2011 with production and
operations to commence in 2013
Kilo Goldmines (Somituri Project) – initial inferred
resource estimate of 2.0 MMoz Au released Q1 2011 for
Adumbi Deposit; further exploration underway.
Mwana Africa (Zani‐Kodo) ‐ updated M+I resource
estimate of 1.3 MMoz Au released in Q3 2010; further
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exploration underway.
Loncor ‐ no resource estimate to date; exploration ongoing.
Rio Tinto ‐ no resource estimate to date; iron ore
exploration program underway. Key targets include joint
exploration program underway. Key targets include joint
venture project with Kilo ERW properties (iron ore only).
TSX Venture: KGL Frankfurt: 02K 8

9. Kilo Properties
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TSX Venture: KGL Frankfurt: 02K 9

10. KGL Somituri Project
j
8 Permis d’Exploitation (PE’s) 9694
Covers ~606 km sq. of the Ngayu 9692
Archaean Greenstone Belt
Includes colonial era gold
producers; Adumbi Kitenge
Adumbi, Kitenge,
Manzako & Maipunjie mines (PE 138 137
9691)
Isiro ADUMBI & AREA OVERVIEW 140 9691
HISTORIC GOLD (ounces)
Production: 291,000
Resources (Adumbi): 930,000
Past Gold Producer
Bagbaie
Adumbi
0 1 2 3 4 km
9695
Manzako 9693
Kitenge
NiaNia
Imbo River
Ref: Royal Museum for Central Africa
Tervuren, Belgium (2007) Maipinji
Bugeco Intl (1988)
Kilo has not verified the historical data,
or re-calculated the historical resources.
re calculated resources
The data is non NI43-101 compliant
TSX Venture: KGL Frankfurt: 02K 10

11. KGL Somituri – Adumbi Deposit
Drill Holes & Section Lines
Drill Results
D ill R l
• 2.60 g/t Au over 136.80m (1 Feb 2011)
• 2.38 g/t Au over 89.45m (5 Jan 2011)
• 2.07 g/t Au over 58.8m (7 Dec 2010)
• 5.01 g/t Au over 21.0m (23 Nov 2010)
• 3 33 g/t Au over 11 45m (21 Oct 2010)
3.33 g/t Au over 11.45m (21 Oct 2010)
• 2.01 g/t Au over 83.70m (19 Oct 2010)
TSX Venture: KGL Frankfurt: 02K 11

12. KGL Somituri – Adumbi Deposit
Simplified Vertical Cross Section
p
TSX Venture: KGL Frankfurt: 02K 12

13. KGL Somituri – Adumbi Deposit
Resource Estimate
Graded Mineral Resource Estimates (Inferred)
Cut off Tonnes above Grade above Tonnage above Million ounces Au
(g/t Au) cut off cut off (g/t Au) cut off above cut off
0.50 46 307 259 1.37 80% 2.03
1.00
1 00 27 337 071 1.80
1 80 47% 1.58
1 58
Estimated strike length of 1.2 km that appears to be 2010 Somituri Exploration
hosted within a regional lineament in excess of 5 km
h t d ithi i l li ti f5k • 9,746 m diamond drilling
length along which artisanal gold mining activity occurs • 734 m trenching
• 592 m adit sampling
The deposit remains open at depth
p p p • 1,233 soil samples
1 233 soil samples
Open‐pittable, starts at surface, favourable/simple CIL
metallurgy (30% oxide, potential heap leach)
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14. Adumbi Hill
(Looking from SE to NW)
Historic Workings (1927 to 1959)

15. Adumbi Hill
(Looking from NW to SE)

16. KGL Somituri
2011 Exploration Plan
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TSX Venture: KGL Frankfurt: 02K 16

17. KGL Somituri
2011 Exploration Plan
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Strike Length Width Target Area
Target
g
(km) (km) (Square km)
(Square km)
Adumbi North Prospect 0.5 0.50 0.25
Adumbi Gold Deposit – 2.03 Moz*
p 1.2 0.20 0.24
Canal Prospect 1.5 0.10 0.15
Libreville – Monde Arabe Prospect 3.0 0.75 2.25
Vatican Prospect 1.0 0.75 0.75
Kitenge Prospect 1.2 0.80 0.96
Manzako prospect 2.5 0.50 1.25
Total 5.85
TSX Venture: KGL Frankfurt: 02K 17

18. KGL Somituri
Kitenge and Manako Prospects
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MANZAKO PROSPECT
• Strike length: +2.0km
• 1015 m drilled in 2010
• Recent results:
9.92 g/t Au over 5.00m (Jan 2011)
9 92 / A 5 00 (J 2011)
9.37 g/t Au over 4.70m (Oct 2011)
KITENGE PROSPECT
• Strike length: +2.0km
• 1711m drilled in 2010
• Recent results:
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21.4 g/t Au over 0.95m &
1.89 g/t Au over 8.15m (Jan 2011)
TSX Venture: KGL Frankfurt: 02K 18

19. KGL ERW
Rio Tinto JV for Iron Ore
Rio Tinto Cash
Title
Title
Min. Work Payments
Ownership
Expenditure Rio ‐> Kilo
Phase 1
Phase 1 51% Rio
51% Rio
$15.75 M
$ $7.25 M
$
(2009 – 2013) 49% Kilo
Phase 2 75% Rio
$50 M
$50 M $10 M
$10 M
(2014 – 2018) 25% Kilo
‐ ‐ Kilo has the option
Phase 3 to convert its’
equity for cash
(2019 +)
(2019 +)
plus an NSR
Kilo / Rio JV
Properties
(KGL ERW)
Rio Tinto to manage and conduct all iron‐ore
exploration activities.
TSX Venture: KGL Frankfurt: 02K 19

20. Iron Ore JV – Early Indications
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 Rio has identified a 10km2 surface outcrop
 Direct shipping ore; +64%, low phosphorus
h % l h h
 Two rigs operational Q3, 2011; drill pad
locations have already been scoped
 Exploration to date: $7.6M
 2011 Exploration budget: $4.5M
20

21. Investment Rationale
 2.0 Million oz Au at 1.4g/t Au (0.5g/t Au cut‐off) initial inferred mineral
resource estimate for the Adumbi Deposit, Somituri Project
resource estimate for the Adumbi Deposit Somituri Project
 Adumbi Deposit starts at surface of a hill 130m above base level (i.e.
open pittable; very low stripping ratio) and has favourable/simple CIL
open‐pittable; very low stripping ratio) and has favourable/simple CIL
metallurgy (30% oxide, potential heap leach)
 Experienced management team with a history of success in Africa & DRC
 Strategic partnership with Rio Tinto for iron ore assets
 Established camp with good infrastructure
 Blue sky potential
TSX Venture: KGL Frankfurt: 02K 21

22. Next Steps
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 Increase number of drills turning from 2 to 4;
20,000 additional metres of drilling and an
additional 2M oz Au (inferred)
additional 2M oz Au (inferred)
 Drilling targets include:
• Adumbi Deposit – expand resource estimate by
p p y
drilling along strike and at depth; turn inferred
resources to measured (2 drills)
• Further drilling on nearby Kitenge and Manzako
prospects; and drill Vatican and Adumbi North
• Initial drilling on PE 9692 (NW Somituri)
 Additional metallurgical test work is in progress
Addi i l ll i l ki i
and petrographic studies are planned
 Mapping, trenching, soil sample of other Somituri
PE's to determine new potential drill targets
22

23. Contact Information
Web site: www.kilogoldmines.com
Email: info@kilogoldmines.com
Phone: +1‐416‐867‐
+1‐416‐867‐8094
Head Office:
141 Adelaide Street West
Suite 1200
Toronto, Ontario
M5H 3L5
TSX Venture: KGL Frankfurt: 02K 23

24. Appendix 1
Gold Comparables
TSX Venture: KGL Frankfurt: 02K 24

25. Public Trading Comparables
g p
Reserves and Resources Au Moz (Total + Historic)
16.0
14.0 DRC Peers
12.0
10.0
8.0
6.0
4.0
2.0
0.0
TSX Venture: KGL Frankfurt: 02K 25

26. Public Trading Comparables
g p
Enterprise Value ($US millions)
800
700 DRC Peers
600
500
400
300
200
100
0
TSX Venture: KGL Frankfurt: 02K 26

27. Capital Raised to Date
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LONCOR KILO
25‐Sep‐09 $ 2,250,000 $ 0.75 01‐Feb‐06 $ 477,884 $ 0.10
18‐Feb‐10 $ 10,208,125 $ 1.25 01‐Nov‐06 $ 1,005,884 $ 0.30
18‐Feb‐10 $ 5,000,000
$ 5 000 000 $ 1.25
$ 1 25 NEM Mar‐07 $ 3,009,000
$ 3 009 000 $ 0.60
$ 0 60
16‐Dec‐10 $ 3,900,000 $ 1.95 Mar‐08 $ 3,150,000 $ 1.50
01‐Feb‐11 $ 19,975,000 $ 2.35 24‐Sep‐09 $ 10,015,500 $ 0.45
01‐Feb‐11 $ 3,995,000 $ 2.35 NEM 05‐Aug‐10 $ 1,037,060 $ 0.20
25‐Aug‐10 $ 300,000 $ 0.20
$ 45,328,125
$ 45,328,125 07‐Oct‐10 $ 3,662,940 $ 0.20
08‐Nov‐10 $ 4,748,000 $ 0.20
12‐May‐11 $ 10,000,000 $ 0.20
$ 37,406,268
TSX Venture: KGL Frankfurt: 02K 27

28. Appendix 2
Social Responsibility
TSX Venture: KGL Frankfurt: 02K 28

29. KGL Foundation
KGL Foundation
The main objectives of the Foundation are to help the communities
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around the KGL exploration sites improve their lives:
• by building the capacity of these communities
by building the capacity of these communities
to identify their needs and establish priorities;
• by collaborating with stakeholders and interest
groups to design, monitor, and evaluate
groups to design monitor and evaluate
programs and strategies; and,
• by partnering with local, national, and
international organizations already in the area.
29

30. KGL Foundation Projects
KGL Foundation Projects
30

31. KGL Foundation Projects
KGL Foundation Projects
31

32. Appendix 3
Project Photos – Dec. 2010
TSX Venture: KGL Frankfurt: 02K 32