KBL Mining Limited is a profitable copper-gold producer from the Mineral Hill mine in New South Wales, with plans for silver-lead production from Sorby Hills. The presentation outlines their renewed strategy highlighting a diversified portfolio, key financial statistics, and significant production improvements at the Mineral Hill mine. Sorby Hills is in the final permitting stages, positioning KBL for future growth and expansion with expected development to commence in fiscal 2014.

1. KBL Mining Limited | ABN 67 141 233 632
Anthony (Trangie) Johnston
Chief Executive Officer
Date: May 2013
Renewed strategy delivering rewards

2. KBL Mining Limited | ABN 67 141 233 632
Disclaimer
Important Notice and Disclaimer
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3. KBL Mining Limited | ABN 67 141 233 632
KBL Mining – Company snapshot
KBL is a profitable copper-gold producer from the Mineral Hill Mine in NSW. Silver-lead production is also on
the radar, with Sorby Hills, Australia’s largest shallow silver-lead deposit, now in the final stages of permitting
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Key statistics
ASX code: KBL
Share price: $0.077
52 week range: $0.068 - $0.24
Shares outstanding: 293.5 million
Market cap: $22.6 million
Cash*: $6.84 million
Debt*: $10.0 million
Net debt: $3.16 million
Enterprise value: $25.76 million
Board of Directors
Jim Wall Chairman
Steve Lonergan Exec Director
Bob Besley Non-Exec Director
John Richards Non-Exec Director
Key Management
Trangie Johnston CEO
Will Beaurepaire CFO
Rod Griffith COO
Ed Newman GM – projects

4. KBL Mining Limited | ABN 67 141 233 632
Investment Highlights
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Refocused mining strategy – already delivering material performance improvements
Diversified portfolio by project and commodity – mitigates risk profile
Two advanced stage, quality projects:
- Mineral Hill, NSW (producing) – underground high-grade copper-gold deposit
- Sorby Hills, WA (production to commence early CY14) – shallow silver-lead deposit
Next two years to deliver significant ramp up in production – cashflow booster
Active production and exploration work pipeline – share price catalysts
Attractive production profile compared to peers – unique value proposition
Commercially-focused Board and management with a proven track record
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5. KBL Mining Limited | ABN 67 141 233 632
Mineral Hill – the geology
• Located in the Lachlan Fold Belt in central NSW – a world
class mineral province
• Mineral Hill geological features:
- Volcanic centre, located at junction of regionally
important
structures: Gilmore Suture & Lachlan Transfer Zone (LTZ)
- Silurian rift containing felsic volcanics, volcaniclastics
& younger cover sediments
- Polymetallic epithermal system, comprising multiple high-
grade,
low tonnage orebodies arranged in distinct metal zones:
 Cu-Au (Red Terror, SOZ)
 Au-Cu (EOZ, ESOZ, SOZ, Jacks Hut, Ashes)
 Cu-Pb-Zn-Ag-Au (Parkers Hill, SOZ, Iodide)
 Au-Ag (Pearse, Pearse Nth – 800m from processing plant)
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6. KBL Mining Limited | ABN 67 141 233 632
Production at Mineral Hill Mine
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Current mill operations – Back on track
• Producing Cu-Au concentrates at a rate of 320,000tpa
• Potential for 10+ years production life
• Record performance in March quarter 2013 – result of inclusion of Red Terror Southwest in the mine plan:
Record 1,114 t of Cu in concentrate produced – up 29% on last quarter
Record 652oz of Au in concentrate produced – up 79% on last quarter
Record Cu recoveries – averaged 91.5%, compared to average of 75% for FY12
• Production was previously focused on working through the start-up Parkers Hill deposit:
Compromised production performance in the latter half of 2012. Production figures for FY12 were 2,791t Cu, 836oz Au, 82,228oz Ag

7. KBL Mining Limited | ABN 67 141 233 632
Exploration at Mineral Hill
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Exploration success continues to expand the size of the underground mineralised envelope at Mineral Hill
Exploration work in the past 10 months has:
 Uncovered significant depth and strike extensions of existing underground orebodies
A number of deposits are proving to be larger than first anticipated
 Reviewed access roads to ESOZ and SOZ – dewatering now complete
 Ultimately, add significant tonnage to the existing JORC Resource and develop sufficient
Reserves for at least 2 years of sustainable production from the Mineral Hill mill

8. KBL Mining Limited | ABN 67 141 233 632
Sorby Hills – key facts
• Largest, undeveloped near-surface silver-lead-zinc (Ag-Pb-Zn) deposit in Australia
• Located in the East Kimberley region of WA, ~50km by sealed road from Kununurra
• 75% ownership – remaining 25% held by JV partner Yuguang (largest Ag & Pb smelter group in China)
• Has been well defined by extensive exploration
• Current Resource of 16.7Mt @ 4.5% Pb, 0.7% Zn & 52g/t Ag
containing: 750,000t Pb, 117,000t Zn & 28Moz Ag
• Pre-Feasibility Study successfully completed for Stage 1 – Sorby Hills is a staged development
• Now in final stages of permitting : Public Environmental Review (PER) closed 10 April. Results pending
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L: Sorby Hills location map
R: Sorby Hills top down view

9. KBL Mining Limited | ABN 67 141 233 632
Sorby Hills – A staged development
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Stage 1 PFS results cover only 27% of the Global
Indicated and Inferred Resource for Sorby Hills:
4.432Mt @ 4.29% Pb & 44g/t Ag, at 2.5%Pb cut-off
Sorby Hills is planned as a staged development to reduce operational and capital risk
Stage 1: Covers 1,787ha. Will focus on the shallow central C, D & E deposits, which span 1km of the 10km strike
length
Stage 2: Conceptual expansion of production. Will focus on deeper higher grade H, I, alpha & beta deposits
Stage 1 deposits

10. KBL Mining Limited | ABN 67 141 233 632
Sorby Hills – PFS results for Stage 1
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Key results:
 NPV post-tax = $88 million
 Cash costs of -$30.70 (negative) / oz Ag after Pb credits
 < 2 year payback period, with initial 10-year mine life
 Approx. 4Moz Ag and 100,000t Pb produced in first 5
years
 Final environmental approval expected by mid 2013
 Development expected to commence in FY2014
Stage 1 inputs Year 1 – Year 5 Life of mine
Mining inventory (Mt) 2.2 6.2
Strip ratio (x) 3.6 3.7
Throughput (tpa) 400,000 625,000
Initial mine life (years) 5 10
Average silver (Ag) grade (g/t) 70 50
Average lead (Pb) grade (%) 5.30 4.20
Average Ag recovery (%) 87 80
Average Pb recovery (%) 91 86
Average Ag produced (Ozpa) 830,000 715,000
Average Pb produced (tpa) 20,000 20,500
Mining costs ($/t mined) 11.50 11.50
Processing costs ($/t mined) 20.00 18.00
Capital costs (AUD m) 70 80
PFS modelling results
Life of mine cash surplus (AUD m) 201
Project Net Present Value (NPV) before tax (AUD m) 132
Project NPV after tax (AUD m) 86
Project IPP before tax (%) 58
Project IRR after tax (%) 49
Payback period (years) 1.7
CAPEX (AUD m) 70
C1 cash costs ($/oz Ag) -30.70
C2 cash costs ($/lb. Pb) -0.11

11. KBL Mining Limited | ABN 67 141 233 632
KBL Mining
Level 3, 2 Elizabeth Plaza
North Sydney, NSW 2060
CONTACT US
P: +61 2 9927 2006
E: info@kblmining.com.au
www.kblmining.com.au