Resources  Investment  Symposium    Broken  Hill  2015  

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.  Any  recipient  of  the  presenta0on  should  observe  any  such  restric0ons  on  the  distribu0on  of  this  presenta0on  and  warrants  to  the  Company  that  the  receipt  of  the  presenta0on  is  not  unlawful.  The  presenta0on  does  not  cons0tute,  and  should  not  be  considered  as,  an  offer  or  invita0on  to  subscribe  for  or  purchase  any  securi0es  in  the  Company  or  as  an  inducement  to  make  an  offer  or  invita0on  with  respect  to  those  securi0es.  This   presenta0on   contains   forecasts   which   are   based   on   various   assump0ons.   While   the   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.      

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Kidman  Overview  

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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

Corporate  Snapshot  

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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.        

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The  New  Kidman  Resources  

•  New  Look  •  New  Strategy  •  New  Team  •  New  Gold  Mine  

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.      

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Kidman’s  Vision…  

New  Look…    

•  Re-­‐branded  the  company  in  early  2015  

•  Set  out  a  clear  vision    

•  Laid  the  founda0ons  for  growth    

 

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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  

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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  

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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  

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Project  Loca0ons  

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Burbanks  Project-­‐  immediate  focus  

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Burbanks  UG:  sub-­‐parallel  lodes  

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Defini0on  and  consolida0on  strategy  

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Coolgardie  North  Project  –  bring  online  aver  Burbanks  established  

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Gunga  West  Open  pit  mine  

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Burbanks…  Christmas  pit  last  week-­‐  RC  drilling  underway  

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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