2025 Annual General Meeting Presentation

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Stock Kingsgate Consolidated Ltd (KCN.ASX)
Release Time 27 Nov 2025, 1:05 p.m.
Price Sensitive Yes
 Kingsgate Consolidated Ltd Provides 2025 AGM Presentation
Key Points
  • Chatree Gold Mine in Thailand is Kingsgate's flagship asset with 1.22 Moz of Ore Reserves
  • Chatree production steadily ramping up with FY26 guidance of 85-95k oz of gold and AISC of US$1,550/oz-US$1,750/oz
  • Robust exploration program planned for 2026 to assess the highly prospective Chatree South-East Complex
Full Summary

Kingsgate Consolidated Ltd's 2025 Annual General Meeting presentation provided an overview of the company's key assets and recent operational and financial highlights. The company's flagship asset is the Chatree Gold Mine in Thailand, which has 1.22 Moz of Ore Reserves and a proven operating history, having produced 1.8 Moz of gold and 10 Moz of silver between 2001-2016. Chatree recommenced full mining operations in late 2024 and produced around 75k ounces of gold and 625k ounces of silver during the ramp-up in FY25. The company is targeting a record 85-95k ounces of gold production in FY26 at an AISC of US$1,550/oz-US$1,750/oz. Kingsgate also has significant exploration potential, with over 1,200 km2 of land within 20 km of the Chatree mine, and plans a robust exploration program for the 2026 field season to assess the highly prospective Chatree South-East Complex, which has an inaugural resource estimate of 0.55 Moz of gold and 4.2 Moz of silver. The company is also advancing its Nueva Esperanza development project in Chile, one of South America's largest undeveloped silver deposits, and is exploring options to unlock value from this asset.

Guidance

FY26 production guidance of 85-95k ounces of gold and an AISC (pre-royalties) of US$1,550/oz - US$1,750/oz. FY26 gold equivalent production guidance of 93-103k ounces AuEq.

Outlook

Kingsgate is focused on disciplined capital management, debt repayment, and returning cash to shareholders. The company is also actively exploring all options to advance the Nueva Esperanza project and maximize shareholder value, including through a joint venture, sale, or separate listing.