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KENTOR GOLD LTD ACN 082 658 080 Lead Manager & Underwriter: Tolhurst Noall Limited Co-Manager to the Issue: Melbourne Capital Ltd Financial Adviser: Investor Resources Limited Strategic exploration play in the Kyrgyz Tien Shan Important Notice
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KENTOR GOLDLTD ACN 082 658 080 Lead Manager & Underwriter: Tolhurst Noall Limited Co-Manager to the Issue: Melbourne Capital Ltd Financial Adviser: Investor Resources Limited Strategic exploration play in the Kyrgyz Tien Shan
Important Notice A Prospectus dated 31 January 2005 was lodged on that day with the Australian Securities and Investments Commission (“ASIC”). The Company has applied to the Australian Stock Exchange Limited (“the ASX”) for admission to the official list of the ASX and permission for the Shares offered by this Prospectus and the Existing Shares to be listed for quotation on the ASX. ASIC and ASX take no responsibility for the contents of the Prospectus No person is authorized to give any information or make any representation in connection with the Offer described in the Prospectus which is not contained in the Prospectus. Before deciding to invest in Kentor, potential investors should read the Prospectus in its entirety and, in particular, consider the risk factors set out in Section 8 that could affect the performance of Kentor. You should carefully consider these factors in light of your personal circumstances (including financial and taxation issues) and seek professional advice from your accountant, stockbroker, lawyer or other professional advisor before deciding whether to invest.
Kentor – the Company • Kentor Gold Ltd – a gold explorer and project generator, operated in the Kyrgyz Republic since 1998 • Kentor is focused on the Tien Shan of Central Asia – a region now emerging as a world-class gold beltthat has the potential to deliver multi-million ounce, low-cost orebodies • Large tenement holding of 3,675 km² granted tenements, including the strategic Ertash license surrounding the Centerra owned Kumtor Gold Mine (+12Moz) • Including the IPO will have raised over almost $10 million. Exploration to date has generated gold targets ready to drill
Directors & Management Directors • John Barr, Melbourne - Chairman • Andrew Daley, Melbourne - Non-Executive Director • David Royle, Brisbane - Managing Director • Hugh McKinnon, Bishkek – Director &Country Manager • Orozbai Tohtonazarov, Bishkek - General Director CJSC Kentor and Director of Kyrgyz Geophysical Expedition Consultants Global Ore Discovery - Stephen Nano and Daryl Nunn
The Kyrgyz Republic – straddling the Tien Shan belt KYRGYZ REPUBLIC& Tien Shan belt Top 20 gold producers
The Kyrgyz Republic • Land-locked independent republic in Central Asia approx same size and population as Victoria, bordered by China, Kazakhstan, Tajikistan & Uzbekistan; • President holds executive powers, parliament has broad legislative & constitutional power; • Kyrgyz currency – Som, is freely convertible at a floating rate; • Member of the World Trade Organisation • Mining represents a significant part of the economy with gold comprising 35% of export receipts, Kumtor Mine has operated uninterrupted for 7 years • Favourable tax changes to encourage mining investment are proposed • Mining law has many features of Australian Mining Law
Operating Structure • CJSC Kentor holds licenses & manages activities in the Kyrgyz Republic • Owned 80% Kentor Gold Ltd, 20% Kyrgyz Geophysical Expedition (“KGE” – a state organisation) • Permanent staff of 6 in Bishkek • Global Ore Discovery manages exploration activities • KGE - preferred contractor for field operations
The string of gold beads ERTASH TENEMENT South West Deposit South West Deposit Akbel Akbel - - Kentor Kentor KUMTOR MINE KUMTOR MINE Prospect Prospect BORDOO PROSPECT BORDOO PROSPECT SARYTOR PROSPECT SARYTOR PROSPECT 12M oz Kumtor Panorama looking south
Project Generation • Using a team of experienced & successful people to apply new technology & a proven generative approach to an under-explored belt with a world-class pedigree • By integrating state-of-art satellite mineral mapping with proprietary GIS database • Soviet Geochemistry • Soviet Geology • Soviet Geophysics • Structural Analysis • Permissive stratigraphy interpretation • Aster alteration mapping • RESULT - new targets identified and tenement applications lodged
Opportunity Kentor has: • Gold projects – demonstrated excellent discovery potential for world-class deposits • Ertash – strategic land package on Kumtor Trend • People – enthusiastic & successful technical team • Management skills to: • undertake cost effective/efficient exploration • remain focused • Extensive & usable proprietary database • Excellent partner and preferred contractor - KGE