Gold - Yayasan Tambuhak Sinta

Kalimantan Gold 

CCopper, GGold ld & Coal C l Projects P j t in i 

Kalimantan, , Indonesia 

Kalimantan Gold Corporation p 

Rahman Connelly, Deputy Chairman and CEO 

November 2009 

1

General Disclaimer 

Kalimantan Gold Corporation Limited "KLG" has taken all reasonable care in producing and publishing 

information contained in this presentation. Material in this presentation may still contain technical or 

other inaccuracies, omissions, or typographical errors, for which KLG assumes no responsibility. KLG 

does not warrant or make any representations regarding the use, validity, accuracy, completeness or 

reliability of any claims, statements or information in this presentation. Under no circumstances, 

including including, but not limited to to, negligence negligence, shall KLG be liable for any direct direct, indirect indirect, special special, incidental incidental, 

consequential, or other damages, including but not limited to, loss of programs, loss of data, loss of 

use of computer of other systems, or loss of profits, whether or not advised of the possibility of 

damage, arising from your use, or inability to use, the material on this site. The information is not a 

substitute for independent professional advice before making any investment decisions. Furthermore, 

you may not modify or reproduce in any form, electronic or otherwise, any information in this 

presentation, t ti except t for f personal l use unless l you have h obtained bt i d our express permission. i i 

No stock exchange has reviewed the information in this presentation and no stock exchange accepts 

responsibility for the adequacy or accuracy of it. 

This presentation p contains information about adjacent j pproperties p on which we have no right g to explore p 

or mine. We advise U.S. investors that the SEC's mining guidelines generally prohibit information of 

this type in documents filed with the SEC. U.S. investors are cautioned that mineral deposits on 

adjacent properties are not indicative of mineral deposits on our properties. 

Forward-Looking Statements 

This presentation contains forward-looking statements, including but not limited to comments regarding 

predictions and projections. Forward-looking statements address future events and conditions and 

therefore involve inherent risks and uncertainties. Actual results may differ materially from those 

currently anticipated in such statements. 

2

Company background 

• London AIM (2006) & TSX Vancouver (1996) 

• Focused in Kalimantan, Indonesia on Copper, Gold & Coal projects 

• Recent Copper & Coal deals; Gold deal being advanced 

3

Gold 

East Kalimantan 

Copper 

Central Kalimantan 

Coal 


4



Thermal e a Coa Coal aand d Indonesia do es a 

• Leading g energy gy source 

• 80% of China’s and India’s electricity 

Copper 

• Indonesia largest thermal coal exporter 

• 60% from East Kalimantan 

• RRobust b t ddemand d ffor th thermal l coal l 


Coal 


5

PT Indobara Pratama 

• December 2008 KLG Option KLG Option to acquire 80% granted 

Nov 2008 

• Lapsed p April p 2009 and replaced p by y Participation p agreement g 

• Covers [ ] hectares, half of which drilled 

• [ ] holes drilled over [ ] metres 

• 2 seams identified 8 -13 metres thick 

• Low sulphur, low ash, low strip ratio 

• 4900 -5000 5000 adb cal/ kg caol suitable for modern power stations 

• Initial drilling suggests potential deposit 270 million tonnes; may be 

500 million tonnes over whole area 

• Drilled 58 holes over 4600 m 

• Potential Resource 270 MT 

• BBut t low lo CV coal onl only ssuitable itable for po power er generation 

• IBP agreed to sell 80% equity to power station interests 


Coal 

6

PT Indobara Pratama – Binding Letter of Intent 

• 29 OOctober Binding LOI O and MOU O signed, Daun Consulting C 

Singapore to acquire 80% of IBP 

• IBP to pay KLG $ 1.37 million: $1 mill mid March 2010, balance 

ffollowing ll i 12 mths. h PProduction d i RRoyalty l US$ 00.40 40 p/t / 

• Daun to pay KLG $ 4.766 mill for assistance in DD, offtake & mine 

development: $0.5 million after 6 weeks DD, $2.2 mill positive DD, 

$ 22.066 066 mill ill mine i start-up. t t PProduction d ti RRoyalty: lt $0 $0.10 10 

• Summary: Cash payments $ 6.136, Royalties $0.5 p/t (mine startup 

by second half 2010, scaling up production to 10 MT pa) 


Coal 

7

Coal – KLG Strategy 

• Many undeveloped coal areas whose owners know little about coal 

• Source such areas to upgrade through drilling 

• Agreement g with owners: KLG to earn share of the sale pproceeds 

(as with IBP) or project equity 

• Assessments underway on several areas 

KLG took strategic decision to add coal division in 2007 and coal 

manager recruited to take advantage of: 

• rising thermal coal prices 

• extensive t i llocal l kknowledge l d and d contacts; t t and d 

• large numbers of undeveloped coal sites in East Kalimantan 

Strategy: 

• Assess opportunity 

• Take option 

• DDrill ill if necessary tto 

prove resource 

• Negotiate Off take agreement 

• Mine or assist with mining as appropriate 


Coal 

8



Jelai epithermal gold project 

• Previously explored by 

Ivanhoe Mines (Indochina) 

( ) 

• 12 prospects over 5,000 ha 

• Work to date on Mewet 

Prospect confirms potential 

for a major resource 

Copper 


Coal 


9

Mewet Prospect - Ivanhoe Drilling 

• 26 holes over 4000 m 

depths to 200 m 

• Bonanza grades to 63g/t 

& 87g/t gold 



Hole From To Metres Au g/t Ag g/t 

JM011 26.3 28.4 2.1 6.9 16 

JM012 57.0 58.7 1.7 11.1 10 

JM013 38.3 40.2 1.9 7.5 13 

• Less than 5% of 5 km 

strike length drilled JM015 67.5 69.0 1.5 7.3 14 

JM015 69 69.3 3 70 70.8 8 15 1.5 74 7.4 20 

JM018 115.0 119.5 4.5 6.4 8 

JM019 185 185.1 1 191 191.2 2 61 6.1 57 5.7 15 

JM024 58.1 59.4 1.3 8.4 3 

JM024 60.7 60.9 0.1 53.8 18 

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Mewet Prospect –KLG Drilling 

• 100 holes drilled over 

9,595 m 

• Bonanza o a a ggrades ades 662.3 3 

g/t and 53.3 g/t gold 



Hole From To Metres Au g/t Ag g/t Vein 

JCM-13 32 36.75 4.75 10.43 14.6 

JCM-26 JCM 26 42 47 47.2 2 52 5.2 56 5.6 27 2.7 

JCM-27 12.55 18.5 5.95 2.15 4.2 

Sembawang 

South 

Sembawang 

Central 

Sembawang 

Central 

JCM-38 21.95 27.35 5.4 11.74 5.05 Lipan 

JCM-50 26.45 34.5 8.05 4.52 2.74 Lipan 

JCM-67 121 130.5 9.5 7.08 9.49 Mewet 

JCM-69 

includes 

JCM-76 

includes 

22.75 

22.75 

14.10 

18.70 

28.75 

23.50 

27.00 

20.20 

6.00 

0.75 

12.90 

1.50 

15.84 

62.27 

2.23 

17.10 

81.19 

256.00 

5.92 

36.80 

Mewet 

Mewet 

JCM-81 34.3 41.2 6.9 24.7 22.49 Mewet 

JCM-92 21 25 4 13.27 18.78 Sembawang 

South 

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Jelai project – prospect areas 



12

Jelai project - consultants reports 

“The Mewet lode system is extensive in terms of known lowsulphidation 

epithermal deposits and has the potential to contain a 

world class deposit.” Bradley Wake, Consultant Geologist, June 2006 

Report 

“Worsley (1999) considered that the Jelai vein system has the 

potential to host a world class deposit deposit. Exploration since that time 

has met with considerable success and has enhanced the chance of 

delineating a major gold resource in the Jelai district.” Dr Pollard, 

Economic Geologist, February 2008 Report 

Note: Both Wake & Pollard compared the Mewet prospect to the Vera 

Nancy gold mine in Australia which produced 2 million ounces ounces. 



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Jelai project - consultants reports 

“The assessment of data has outlined an exploration target of 

between 900,000-950,000 tonnes of mineralisation with a gold grade 

of approximately 3 g/t and an accompanying silver grade of 

approximately i t l 3 g/t. /t Thi This ttarget t iis … approximately i t l 250 metres t of f 

strike length of the Mewet Vein and between the surface and the 

extent of drilling at depth. There remains potential to increase the size 

of the target by drilling along the strike of the Mewet Vein Vein, both to the 

north and south.” Brett Dennis Gunter (mAusIMM) April 2009 Report, 



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Jelai – possible development Strategies 

Joint Venture 

• Recently 3 mining companies undertook detailed desk & field 

reviews; JV terms in discussion 

• JV partner will want majority interest; not the preferred route 

Go it alone with a Small Scale Mine 

• Source an investor to acquire minority stake in the project 

• Use funds to develop a small scale mine; 20,000 ounces pa 

• UUse cash h fl flow tto expand d th the resource 



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KSK Contract of Work – 941 km2 

• Explored since 1997 including 36,000 m 

drilling; $16.4 mill spent 

• 38 prospects identified including 5 

major copper porphyry targets 

• In 2007 Oxiana spent $2.5 on medium 

depth drilling 

• Advanced discussions with major to 

deep drill 3 main copper porphyry 

targets 

Copper 


KSK CoW 

Coal 


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KSK CoW - 3 priority copper gold 

porphyry targets 

Mansur 

• Untested 900m by 1400m magnetic anomaly is 

close to surface. 

• Located within 1Km copper geochemical 

anomaly 

• Porphyry rocks exposed 

• Large quantities of gold recovered from the 

Mansur river 

Beruang Tengah 

• Untested magnetic anomaly 900m by 1200m 

• Underlies copper and gold surface 

geochemical anomalies 

• Porphyry rocks and alteration exposed exposed. 

Beruang Kanan 

• Untested 750m diameter magnetic anomaly 

• 6km by 4km area of surface copper 

mineralization 

• Distal zones of massive basemetals 

Copper Prospect 

Gold Prospect 

North 

Mansur 

Baroi 

MANSUR 


Copper 

Liang Bulau IILiang Bulau I 

Focus 1 

Dangoi 

Kalang 

FEZ 

Volcano 

Tumbang Huoi 

Sama Tuan 

Nabalang 

Derajoi 

Mamuring 

Rinjen 

BERUANG KANAN 

BERUANG TENGAH 

Gold Zone 

Low Zone 

Beruang South 

17

KSK CoW – Mansur Prospect 

Magnetic body: Diameter 950 m, Vertical Depth 1,400 m 


Copper 

18

KSK CoW Beruang Tengah 


Copper 

19

KSK CoW Beruang Kanan 


Copper 

20

Community Development – our social license 

“ Working in advance of mining to foster good relationships & 

strengthen local capacity using a ‘Hand Up’ approach” 

• Building local capacity to self manage 

village development 

• Linking villages with local government 

services 

• Li Link k donor d agency support t to t the th 

needs of communities 

• Providing technical support to improve 

livelihoods 

• Programs g currently y operating p g in 24 

villages 


Copper 

21

Directors and Senior Management 

Peter Bojtos 

Rahman Connelly 

Chairman Deputy Chairman, Chairman 

CEO 

Doris Meyer 

Faldi Ismail 

Mansur Geiger 

CFO Director 

VP Exploration 

Brett Gunter 

Gerald Cheyne Bardolf Paul 

Nick Cottam 

Technical 

Director Corporate Community 

Corporate Relations 

Advisor Advisor, Jelai Development 

Development 

Manager 

Dr Peter Pollard 

Technical Adviser 

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Share Structure 

AIM & TSX.V code: KLG 

Shares outstanding 121.5 million 

Warrants 0 

Options 5.4 million 

Fully diluted 126 126.9 9 million 

Kalimantan 

Investment 

Corporation 

Management 

Retail and 

Institutional 

Holders 

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In summary the KLG opportunity 

Coal 

Sale completion will provide upfront cash and substantial royalties 


Potential for substantial resource; JV or Small Scale Mine to develop 

Copper 

Ad Advanced d discussions di i with ith major j tto ddeep ddrill ill 3 main i ttargets t 

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Contact 

Gerald Cheyne, 

Director Corporate Development 

Office +44 (0) 2077311806 

Mobile +44 (0) 7717473168 

Email: gerald gerald.cheyne@kalimantan.com 

cheyne@kalimantan com 

www.kalimantan.com 

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Gold - Yayasan Tambuhak Sinta

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