Kidman Resources (ASX: KDR), Martin Donahue, Managing Director. Investor presentation at 2015 Broken Hill Resources Investment symposium.

1. Resources
Investment
Symposium
Broken
Hill
2015

2. Disclaimer
This
presenta0on
has
been
prepared
and
issued
by
Kidman
Resources
Limited
(“the
Company”).
It
contains
general
informa0on
about
the
Company’s
ac0vi0es
current
as
at
the
date
of
the
presenta0on.
The
informa0on
is
provided
in
summary
form
and
does
not
purport
to
be
complete.
This
presenta0on
is
not
to
be
distributed
(nor
taken
to
have
been
distributed)
to
any
persons
in
any
jurisdic0ons
to
whom
an
offer
or
solicita0on
to
buy
shares
in
the
Company
would
be
unlawful.
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recipient
of
the
presenta0on
should
observe
any
such
restric0ons
on
the
distribu0on
of
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to
the
Company
that
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of
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unlawful.
The
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cons0tute,
and
should
not
be
considered
as,
an
offer
or
invita0on
to
subscribe
for
or
purchase
any
securi0es
in
the
Company
or
as
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inducement
to
make
an
offer
or
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respect
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securi0es.
This
presenta0on
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Company
has
endeavoured
to
ensure
that
that
these
assump0ons
are
reasonable,
the
Company
can
not
factor
in
future
events
which
are
not
foreseeable.
Therefore,
it
is
possible
that
the
forecasts
may
not
be
achieved.
To
the
maximum
extent
permiLed
by
law,
no
representa0on,
warranty
or
undertaking,
express
or
implied,
is
made
and,
to
the
maximum
extent
permiLed
by
law,
no
responsibility
or
liability
is
accepted
by
the
Company
or
any
or
its
officers,
employees,
agents
or
consultants
or
any
other
person
as
to
the
adequacy,
accuracy,
completeness
or
reasonableness
of
the
informa0on
in
this
presenta0on.
To
the
maximum
extent
permiLed
by
law,
no
responsibility
for
any
errors
or
omissions
from
this
presenta0on
whether
arising
out
of
negligence
or
otherwise
is
accepted.
An
investment
in
the
the
Company
is
to
be
considered
highly
specula0ve.
2

3. Kidman
Overview
3
MELBOURNE
-­‐
BASED
RESOURCE
COMPANY
WITH
PORTFOLIO
OF
PROJECTS
IN
WA,
NSW
AND
NT.
FOCUS
ON
COOLGARDIE
PROJECT
IN
THE
EASTERN
GOLDFIELDS
OF
WA.
BARROW CREEK
PROJECT
ARUNTA REGION, NT
CROWL CREEK
PROJECT
COBAR BASIN, NSW
BROWN’S REEF
PROJECT
COBAR BASIN, NSW
COOLGARDIE PROJECT
EASTERN
GOLDFIELDS, WA

4. Corporate
Snapshot
4
Capital
Structure
ASX
Code
KDR
Shares
on
Issue
118.61M
Share
Price
0.071
Market
Cap
@
0.074
$8.8M
Cash
end
March
qtr
$1.2M
Directors
&
Key
Management
> Garrick
Higgins
Non-­‐Execu0ve
Chairman
> Mar>n
Donohue
Managing
Director
> Brad
Evans
Non-­‐Execu0ve
Director
> Jus>n
Mouchacca
Company
Secretary
v Chief
Opera>ng
Officer
(COO)
–
Mr
Tony
Davis
Mr
Davis
is
a
highly
accomplished
and
experienced
mining
engineer
with
more
than
20
years’
opera0ng
experience
in
the
Australian
mining
industry,
across
a
range
of
commodi0es
including
gold,
base
metals
and
coal
in
both
open
cut
and
underground
mines.
A
graduate
of
the
WA
School
of
Mines,
Tony
was
recently
COO
for
Unity
Mining
and
has
previously
held
senior
management
roles
with
Rio
Tinto,
WMC,
Pasminco,
CBH
and
Sons
of
Gwalia.
v Explora>on
Manager
–
Mr
Michael
Green
Ex
Newmont
Mining-­‐
Broad
experience
with
mineralised
systems
at
Newmont
working
in
both
the
Regional
Explora0on
Team
in
QLD,
NSW
and
the
NT
before
moving
to
the
Tanami
Opera0ons
where
he
was
responsible
for
both
near
mine
and
District
explora0on.
During
that
0me
at
Newmont
Michael
was
a
part
of
the
team
that
made
the
Oberon
Regional
discovery,
and
the
near
mine
Auron
Ore
body
discovery
which
has
significantly
increased
the
LOM
at
Newmont
Tanami
Opera0ons.
Responsible
for
near
mine
resource
development
and
delinea0on
with
a
significant
component
involving
the
management
of
contractors
and
a
large
geology
team.
v Chief
Financial
Officer
(CFO)-­‐
Ms
Melanie
Leydin
Melanie
is
a
Chartered
Accountant
and
is
a
Registered
Company
Auditor.
She
graduated
from
Swinburne
university
in
1997,
became
a
Chartered
Accountant
in
1999
and
since
February
2000
has
been
the
principal
of
chartered
accoun0ng
firm,
Leydin
Freyer.
In
the
course
of
her
prac0ce
she
audits
listed
and
unlisted
public
companies
involved
in
the
resources
industry.
Ms
Leydin
has
19
years
experience
in
the
accoun0ng
profession
and
is
a
director,
CFO
and
company
secretary
for
a
number
of
oil
and
gas,
junior
mining
and
explora0on
en00es
on
the
Australian
Stock
Exchange.

5. 5
The
New
Kidman
Resources
• New
Look
• New
Strategy
• New
Team
• New
Gold
Mine

6. To
be
a
mid-­‐0er
miner
crea0ng
significant
value
for
shareholders
through
the
acquisi0on,
development
and
opera0on
of
assets
that
have
the
ability
to
sustain
high
opera0ng
margins,
return
cash
to
shareholders
and
have
a
self
funding
growth
profile.
6
Kidman’s
Vision…

7. New
Look…
• Re-­‐branded
the
company
in
early
2015
• Set
out
a
clear
vision
• Laid
the
founda0ons
for
growth
7

8. 8
New
Strategy…
• Centred
on
desire
to
avoid
the
capital
raising-­‐explora0on-­‐
capital
raising
roundabout,
dilu0ng
shareholders
in
the
process
• Adopted
strategy
based
on
securing
opera0ng
assets
during
the
market
downturn
that
would
allow
the
company
to
self-­‐
fund
its
growth
• Looked
at
dozens
of
projects
at
various
stages-­‐
mainly
Australian-­‐based
• Short-­‐listed
4-­‐5
projects
for
detailed
Due
Diligence
by
early
2015

9. 9
New
Team…
• Due
diligence
on
poten0al
opportuni0es
handled
mainly
in-­‐house
• Team
comprises
mining
engineers,
geologists,
corporate
finance,
legal
and
accoun0ng
• Not
reliant
on
consultants/
advisers
for
advice
• Internal
accountability

10. 10
New
Mine…
• Acquisi0on
announced
29th
April
2015
• Ini0al
80%
stake
with
op0on
to
go
to
100%
within
3
years
• No
JORC
compliant
resource,
hence
low
acquisi0on
price
($3m
+
$2.4m
in
working
capital)
• Large
drill
hole
database
with
high
gold
grades
and
ore
zones
that
remain
open
at
both
Burbanks
and
Coolgardie
Nth
• Upgrade
ore
zones
to
JORC
asap
• Significant
infrastructure
in
a
great
mining
loca0on
Burbanks
and
Coolgardie
North
in
W.A

11. 11
Project
Loca0ons

12. 12
Burbanks
Project-­‐
immediate
focus

13. 13
Burbanks
UG:
sub-­‐parallel
lodes

14. 14
Defini0on
and
consolida0on
strategy

15. 15
Coolgardie
North
Project
–
bring
online
aver
Burbanks
established

16. 16
Gunga
West
Open
pit
mine

17. 17
Burbanks…
Christmas
pit
last
week-­‐
RC
drilling
underway

18. 18
Conclusion
• First
drill
results
from
Burbanks
Christmas
open
pit
imminent
• Produc0on
from
both
open
pit
and
UG
in
Sept
Qtr,
2015
• UG
Diamond
drilling
at
Burbanks
ongoing
from
July
• Upgrade
to
JORC
resource
and
extend
mine
life
in
conjunc0on
with
produc0on
• Self-­‐funding
growth
profile.
• Generate
strong
real
shareholder
returns