Building a Leading Asia Pacific Copper Gold Company Corporate - PowerPoint PPT Presentation

Building a Leading Asia Pacific Copper ‐ Gold Company Corporate Presentation June 2015 TSX.V & AIM: KLG

Forward Looking Statement This document has been prepared by Kalimantan Gold Corporation Limited (the “ Company ” or “ KLG ” or “ Kalimantan Gold ”) solely for informational purposes. This presentation is the sole responsibility of the Company. Information contained herein does not purport to be complete and is subject to certain qualifications and assumptions and should not be relied upon for the purposes of making an investment in the securities or entering into any transaction. The information and opinions contained in the presentation are provided as at the date of this presentation and are subject to change without notice and, in furnishing the presentation, the Company does not undertake or agree to any obligation to provide recipients with access to any additional information or to update or correct the presentation. This presentation contains “forward ‐ looking statements” including but not limited to, statements with respect to the Company’s plans and operating performance, the estimation of Mineral Reserves and Mineral Resources, the timing and amount of estimated future production, costs of future production, future capital expenditures, and the success of exploration activities. Generally, these forward ‐ looking statements can be identified by the use of forward ‐ looking terminology such as “expects”, “expected”, “budgeted”, “forecasts” and “anticipates”. Forward ‐ looking statements, while based on management’s best estimates and assumptions, are subject to risks and uncertainties that may cause actual results to be materially different from those expressed or implied by such forward ‐ looking statements, including but not limited to: risks related to the successful integration of acquisitions; risks related to international operations; risks related to general economic conditions and credit availability, actual results of current exploration activities, unanticipated reclamation expenses; changes in project parameters as plans continue to be refined; fluctuations in prices of metals including gold; fluctuations in foreign currency exchange rates, increases in market prices of mining consumables, possible variations in ore reserves, grade or recovery rates; failure of plant, equipment or processes to operate as anticipated; accidents, labour disputes, title disputes, claims and limitations on insurance coverage and other risks of the mining industry; delays in the completion of development or construction activities, changes in national and local government regulation of mining operations, tax rules and regulations, and political and economic developments in countries in which the Company operates. Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward ‐ looking statements, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward ‐ looking statements. Please refer to the Company’s most recent Annual Information Form filed under its profile at www.sedar.com and available from the Company’s website for further information respecting the risks affecting the Company and its business. The documented geometries of mineralized inventory or exploration targets are not intended to be a proxy, or used as a basis, for mineral resource calculations. It is not certain if additional exploration will result in the delineation of Mineral Resources in, or near, these target zones. Resource and reserve calculations that are NI 43 ‐ 101 compliant have yet to be determined for the mineralized systems in the Company’s projects. This does not imply that the mineralisation contains economic Mineral Resources but merely highlights the relationships of the mineralized zones identified. Qualified Person Duncan Hackman (B. App. Sc., MSc., MAIG) of Hackman & Associates Pty Ltd (Australia) is the independent Qualified Person within the meaning of NI 43 ‐ 101 for the purposes of Mineral Resource estimates contained within this presentation. Data disclosed in this presentation has been reviewed and verified by Stephen Hughes, P. Geo, an Employee and director of KLG and a Qualified Person within the meaning of NI 43 ‐ 101. 2

Why Copper? Market Fundamentals Support Strong Long Term Copper Price Refined copper consumption by region 1950 – 2013 Incremental Copper Mine Supply 2000 ‐ 2025E (kt) Source: WBMS, Wood Mackenzie, BMO Capital Markets Copper Project Capital Intensity vs Average Global Incremental Greenfield Copper Project Capacity Ave Global Mine Head Grade (Cu percent) 30 1.00% Head Grade (1990 ‐ 2014) Incentive Price 0.95% 25 CapEx per CuEq ($k/lb) 0.90% 20 0.85% The average CapEx intensity for a 15 0.80% greenfield copper project has more than tripled since 2000 0.75% 10 0.70% 5 0.65% 0 0.60% Escondida Los Pelambres 1985 ‐ 2011 Chambishi Voisey's Bay Duck Pond Pilares Antamina Olympic Dam Florence Marcona 2012 ‐ 2015 Carlota Pumpkin Hollow Tia Maria Rosemont Copper… 2016 ‐ 2020 Oyu Tolgoi Magistral Antapaccay Pebble Agua Rica Resolution Las Bambas Michiquillay Santo Domingo Red Dome Esperanza Las Cruces Sungun Tampakan Quellaveco Tenke… Boleo Reko Diq Mount Milligan New Prosperity San Antonio Los Chancas Constancia Frieda River Marathon El Morro Cobre Panama Quebrada… Aynak Galore Creek Source: Brook Hunt, Behre Dolbear Source: Company Technical Reports, BMO Capital Markets. Assumes a 15% IRR. 3

Why Copper? Price Outlook Short Term Relative Weakness – Long Term Strength Source: Deutsche Bank 450 1500 $5.00 400 $4.50 1000 Market Balance (kt) Copper Price (c/lb) 350 $4.00 300 500 $3.50 250 $3.00 0 200 $2.50 150 ‐ 500 $2.00 100 $1.50 ‐ 1000 50 $1.00 0 ‐ 1500 $0.50 1990 1993 1996 1999 2002 2005 2008 2011 2014 2017 2020 $0.00 1950 1960 1970 1980 1990 2000 2010 Market Balance Copper Price Copper price in constant dollars 20 year moving average 15kg of copper 60kg of copper 1.3t/MW of copper 6.8t/MW of copper Source: Wood Mackenzie, Rio Tinto 4

Building a Leading Asia Pacific Copper ‐ Gold Company  Large copper and gold Resource base (NI 43 ‐ 101 compliant)  Significant Resource growth potential already identified Quality Assets  Near term small ‐ med scale copper development opportunity at KSK Project (BKM Deposit) coupled with a large copper ‐ gold growth option at the Beutong Project  Located in Indonesia close to key Asian consumer markets  Significant exploration discovery track record in Asia Pacific region i.e. Laos, Indonesia, Australia  Strong project evaluation and mine development capability i.e. Sepon, Martabe, Prominent Hill Team with a  Extensive experience and long track record of successfully operating in Indonesia Proven Track  Proven ability to raise exploration and development funding Record  Leaders in government and community relations, safety and environmental management  Unmatched database and coverage of the region  Team is well known and strongly supported in mining and metals markets globally  Shareholder base expanded to cover Asian, Australian, North American and UK markets  Enhanced Leverage relationships in Indonesia and wider Asia to build strong local investor participation Investor Appeal  Increased liquidity  Creates a platform upon which to continue building a significant regional copper ‐ gold business 5

Corporate Overview Proven track record in Indonesia Board and Senior Management Capital Structure Tony Manini Capital Structure TSX.V AIM Deputy Chairman, CEO Geologist, 28+ yrs Riotinto, Oxiana/OZ Multiple discoveries and mine Shares 503.1m developments in Asia and Australia. Co ‐ founder Tigers Realm Group and EMR Options 14.7m Capital, Chairman TR Coal. (avg. price C$0.091) Stephen Hughes Warrants Director, Vice President ‐ Exploration 20.1m (avg. price C$0.08) Geologist, 20+ yrs mineral exploration, project generation and evaluation, resource Share price C$0.03 £0.013 and mine geology experience at Freeport, Oxiana and Tigers Realm Group. £ 6.6m Market Cap (undiluted) C$15.1m Peter Pollard Non ‐ Executive Chairman Pro ‐ forma Cash 20+ yrs experience as a consulting C$2.6m £1.4m (as at 31 Mar 2015 plus June 2015 Capital Raising) economic geologist. International experience on porphyry copper ‐ gold deposits. Debt NIL NIL Enterprise Value C$12.5m £5.2m Raynard von Hahn Non Executive Director Mr. von Hahn is a practicing securities Significant Shareholders lawyer and was called to the bar in British Columbia in 1993. His practice focuses TR Minerals Pty Ltd 11.8% primarily on corporate finance and securities law matters. MK TRM Holdings LP 7.1% Faldi Ismail Non Executive Director Asipac Group 4.2% Extensive experience as corporate advisor specialising in the restructure Board and Management 3.6% and recapitalisation of ASX ‐ listed companies. Director of several ASX Namarong Investments 3.0% listed companies. 6