Oxiana Limited - Kalimantan Gold Corporation Limited

Kalimantan Gold Corporation Limited
AIM & TSX.V: “KLG”
Gerald Cheyne, Director Corporate Development.
June 2011

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, but not
limited to, negligence, shall KLG be liable for any direct, indirect, special, 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, except for personal use unless you have obtained our express
permission.
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 contains information about adjacent properties on which we have no right to explore 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.
All technical data disclosed in this presentation have been reviewed by Peter Pollard a consultant to the Company and a Qualified
Person as defined by National Instrument 43-101.
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
June 2011 2

Overview and Delineation and Exploration Program
Kalimantan Project Locations
Overview and Delineation and Exploration Program
Copper
• 38 prospects;36,000 m of drilling completed to date; $16.4 mill spent;
• 3D inversion modelling identified targets for several world-class copper
porphyry deposits;
• JV with Freeport McMoran Copper Gold (www.fcx.com ) – deep and
shallow drilling to BFS:
Gold
• $7m in first 3 years for 51% interest; $3m in year 1; subscribe $350k
on signing; sole fund to BFS for additional 24%
• If Freeport stops funding, loses equity interest for 1% royalty up to
sums spent. KLG to be operator
• If decison to mine is taken, if either party declines to fund its share,
its equity will be assigned to other party for 1% NSR.
• 7 major veins and numerous subsidiary veins with a cumulative strike length
of more than 5kms; 13,959 m of drilling and 126 holes completed to date;
• JV with Tigers Realm Minerals – drilling to BFS
• $6m for 70%; $2m in year 1
• Tigers to complete BFS by IUP expiry date, June 2015, or lose
interest for royalty up to 2x investment.
June 2011
New Projects
The company is evaluating 3 new copper gold and gold early stage projects
3

Regional Economic Copper-Gold Porphyry Systems
• Notable deposits Grasberg, Tombulilato, Bulagidun, Elang, Batu Hijau, and Tujuh Bukit occur along East-West trending arcs and
collisional settings.
• KSK Copper project is located along the Kalimantan Arc where it trends E-W.
KLG - KSK
Copper Project
Bulagidun
Grasberg
Elang
Tombulilato
OK Tedi
Tujuh Bukit
Batu Hijau
June 2011 4

Project Overview – KSK Copper Project
KSK Copper Project
KSK Copper Project
• Key features of the KSK Copper Project include:
• Located in Central Kalimantan and covers an area of 620km 2 ;
• Expiry date is 30 years after commencement of mining;
• Significant drilling intercepts include: 83m at 2.64% Cu (incl. 29m at 3.18% Cu),
24m at 1.53% Cu, 167m at 0.56% Cu (incl. 93m at 0.75% Cu), 102m at 0.62%
Cu (incl. 63m at 0.73% Cu).
• Recent reprocessing of geophysical data provides 3D profile of large magnetic
targets below the level of drilling to date - confirming the potential for major
porphyry.
Copper Prospect
Gold Prospect
Liang Bulau II
Liang Bulau I
Sama Tuan
North
Mansur
MANSUR Focus 1
Baroi
Dangoi Kalang
FEZ
Volcano
Tumbang Huoi
Nabalang
Derajoi
Mamuring
Rinjen
BERUANG KANAN
BERUANG TENGAH
Gold Zone
Low Zone
Beruang South
June 2011
5

Project Overview – Copper sample highlights
Kalimantan Gold
Hole From To Meters CU (%) Au (g/t) Ag (g/t)
BF 5
includes
2.4
40.4
85.4
64.4
83.0
24.0
2.64
5.08
0.22
0.02
61.1
88.5
BF 9 6.8 36.8 30.0 2.18 0.05 53.7
BF28/030
includes
1.0
1.0
42.8
12.0
41.8
11.0
3.18
11.5
0.16
0.24
101
296
BK 2 4.50 171.0 167.0 0.59 - -
BK 3 6.5 85.5 79.0 0.89 - -
BK 5 3.0 105,0 102.0 0.62 - -
BF
Channel
- - 9.0 14.03 0.10 464.3
BF Float - - - 16.40 17.3 460.0
BF = Baroi = BF
BK = Beruang = BK

Freeport’s 3D Magnetic Inversion modeling, S Mansur
June 2011
7

Deep Drilling – KSK Copper Project
Recent 3D magnetic inversion modelling has
identified massive magnetic bodies coincident
with existing geological data and below drilling
to date
Program to drill deep drill holes to prove
identified targets at:
Beruang Kanan Porhyry Cu-Au Prospect (target of
500Mt at 0.5%-0.6% Cu);
Location and Magnetic Images of Key Prospects
Beruang Tengah Porhyry Copper-Gold Prospect
(1,000m by 1,300m);
Tumbang Huoi Porphyry Cu-Au Prospect (5,000m
by 2,500m);
Mansur Porhyry Copper-Gold Prospect (800m by
1,000m anomaly).
Delineation
Deep Drilling
JV Terms
(US$m)
$3.0m must be spent in first 12
months deep drilling first 3 targets
June 2011
8

Deep Drilling Target – KSK Copper Project
The Beruang Kanan Deposit also forms part of
the deep drilling program.
Overall exploration target for the Beruang
Kanan prospect is > 500Mt.
Beruang Kanan Deep Drilling Program
Proposal: One of two proposed holes (1000m to 1400m) to be drilled to test a
strong IP response, coincident with Copper and molybdenum in Soils at
surface, that was incompletely tested by Oxiana hole KBK0028 (13.5m
@0.65%Cu & 3.30gpt Au). Coincident apophasis of magnetic high.
There are several untested geophysical targets
defined by induced polarization (“IP”)
chargeability highs identified by KLG.
SECTION LOOKING NORTH, IP CHARGEBILITY, MAG INVERSION AND CU IN SOIL
June 2011
9

Deep Drilling Target – KSK Copper Project
Beruang Kanan Deposit
• Believed to be the source of the widespread (6,000m by 4,000m) copper mineralization defined by geochemistry and remains
untested by drilling.
• Comparison to the Oyu Tolgoi copper project in Mongolia, indicates the potential scale of the deposit.
BK2:
4.50 - 171.50m, 167m @ 0.59% Cu,
including 9m @ 2.39% Cu
OTD-150:
508m @ 0.81% Cu,
and 1.17 g/t Au
OTD-010:
36.5m @ 0.69% Cu,
and 1.16 g/t Au
June 2011
10

Deep Drilling Target – KSK Copper Project
KSK Copper Project – Beruang Tengah
Beruang Tengah Porphyry Copper-Gold Prospect
• The east west magnetic anomaly at Berang Tengah extends for 8000m through
Beruang Kanan and has not been tested.
• Proposal: Drill one deep hole (1,400m) to test porphyry copper‐gold target, represented
by high copper/moly in surface RC, and previous DDH with extensive porphyry‐style
alteration, weak‐moderate stockwork, and increasing Cu/Mo with depth.
SECTION LOOKING NORTH, MAG INVERSION AND MOLYBDENUM IN RC
Au Zone
A zone of intense quartz-sericite (phyllic)
alteration and sheeted sulphide-quartz veinlets
surrounds a central zone of potassic (biotitemagnetite)
alteration.
Classical porphyry-style quartz stockwork veins
crop out at low elevations.
500m northwest of Beruang Tengah, a 1,000m
long zone coincides with a zone of anomalous
gold (>0.1g/t Au) in soils and a 600m wide zone of
highly anomalous copper (>500ppm) in outcrop.
Anomalous gold (>0.1g/t Au) in rock chip
samples closely follows the copper anomaly,
whereas anomalous molybdenum (>50ppm) is
associated with the central potassic and sericitechlorite
alteration assemblages.
June 2011
11

Deep Drilling Target – KSK Copper Project
KSK Copper Project – Tumbang Huoi
Tumbang Huoi Porphyry Copper-Gold Prospect
• The geology at Tumbang Houi is characteristic of a caldera setting. Cu,Au,Mo
mineralization within quartz veins assoc with potassic alteration. 3D inversion modeling
shows a 5,000m by 2,500m magnetic body that is untested.
Tumbang Houi Prospect is located in the
southwest of the KSK Copper Project.
DD8: 45m @ 400ppm Cu. Quartz stockwork and
potassic alteration logged in hole.
Below: Photo of core from DH8
June 2011
12

Deep Drilling Target – KSK Copper Project
KSK Copper Project – Mansur
Mansur Copper- Gold Porphyry Prospect
• The majority of previous shallow drill holes (blue) are located directly above the
magnetic anomaly. Drill Hole SMH-15/11 (white) forms part of the proposed deep
drilling program.
The North looking section of the magnetic
anomaly (adjacent) shows previous drill holes,
which fell short of intercepting the top of the
large magnetic body with a diameter of 800m by
1,000m vertical.
Mansur Prospect is associated with a strong
magnetic anomaly of 800m in diameter and
+1,000m in vertical extent.
To put the size of the magnetic body into
perspective, Newmont’s Batu Hijau mine
(Indonesia), which is ranked in the top 10 in the
world by size of deposit and annual production,
has a diameter of 1,000m by 1,000 vertical, with a
resource of 941mt at 0.53% Cu and 0.4g/t Au.
Vertical section looking North
June 2011
13

43-101 - KSK Copper Project
KSK Copper Project – Beruang Kanan
Beruang Kanan Open Pit Prospect
• Beruang Kanan is a high-sulphidation copper system exposed at the surface.
• Several magnetic anomalies at depth at the Main Zone remains untested by drilling.
• Believed to be the source of the widespread (6,000m by 4,000m) copper
mineralization defined by geochemistry and drilling to date.
• Beruang Kanan – Drilling highlights:
• BK2 – 167meters at 0.59% Cu, including: 93 metres at 0.75% Cu;
• BK3 – 79 metres at 0.89% Cu; and
• BK4 – 105m at 0.53% Cu, including: 63 metres at 0.75% Cu.
Beruang Kanan – Chalcopyrite Mineralisation
• Beruang Kanan – JV Delineation Drilling Exploration Target:
• 250Mt at 0.5-0.6% Cu target has been determined using available surface
sampling and drill hole data.
• Minimum JV expenditure in first 12 months $500,000
Exploration Targets
Tonnes
(kt)
Grade
(% Cu)
Contained metal
(kt)
(mid-point)
Beruang Kanan – subject to
delineation drilling
Beruang Kanan – overall
exploration target
250,000 0.5-0.6% 1,375
500,000 0.5-0.6% 2,750
June 2011
14

KSK Copper Project – Beruang Kanan select drill results
Hole Number Hole Depth Bearing/Dip From-To Meters Copper Grade
0.00 –153.00 153 0.32%
BK1 167.5 0°/90°
Including 22.50-102.50 80 0.48%
BK2
4.50 – 171.50 167 0.59%
171.5 90°/70°
Including 4.50-97.50 93 0.75%
BK3 240.4 270°/60° 6.40 – 85.40 79 0.89%
BK4
BK5
BK6
6.00 – 111.00 105 0.53%
200.2 0°/90°
Including 18.00-81.00 63 0.65%
3.00 – 105.00 102 0.62%
212.65 270°/60°
Including 3.00-66.00 63 0.75%
0.00 – 42.00 42 0.25%
75.4 0°/90°
Including 18.00-42.00 24 0.40%
BK7 217.8 270°/60° 6.00 – 21.00 15 0.20%
21.70 – 112.00 90.3 0.14%
BK10
249.8 253°/60°
Including 237.50 – 249.80 12.9 0.58%
BK-11 148.4 270°/74° 0.00 – 114.00 114 0.25%
BK-12 109.1 270°/64° 0.00 – 48.00 48 0.21%
BK-14 243.35 270°/65° 0.00 – 3.00 3 0.47%
BK-15 281 270°/79° 0.00 – 41.00 41 0.51%
BK-17B 277.2 300°/80° 33.00 – 66.00 33 0.11%
BK-18
270°/80° 89.80-197.80 108 0.32%
276.65
Including 89.80-164.80 75 0.41%
KBK-21 636.6 270°/70°
16.60-60.60 44 0.58%
147.00-188.70 41.7 0.46%
KBK-24 601.9 90°/70° 95.50-136.00 40.5 0.51%
KBK-28
0.00-61.00 61 0.21%
151.3 90°/70°
including 11.50-25.00 13.5 0.65% & 3.30gpt Au
June 2011
15

43 101 – KSK Copper Project
The figure adjacent illustrates the location of the
proposed drill holes at Beruang Kanan designed
to delineate the 250Mt delineation exploration
target.
Beruang Kanan Delineation Drilling
The delineation drilling program would require
up to 110 drill holes spaced approximately 100
metres apart.
KLG estimate the cost to convert 250Mt of the
Beruang Kanan target to a 43-101 resource to be
US$2.0m.
June 2011
16

KSK – Follow up exploration prospects
Within the next year’s
exploration program, several
prospects will be developed to
drill ready.
These include, Low Zone,
Focus 1, Rinjen, Baroi and
Mamuring - new projects in the
pipeline.
June 2011
17

Project Overview – Jelai Gold Project
Jelai Gold Project
Overview
• The Jelai Gold Project is a series of low sulphidation epithermal veins with anomalous
precious metal values hosted within andesitic volcanics.
• Significant drilling intercepts include: 6.9m @ 24.7gpt Au, 19gpt Ag: 6.00m
@15.84gpt Au, 81gpt Ag: 9.5m @ 7.08gpt Au, 10gpt Ag: 5.4m 11.75gpt Au, 5gpt Ag.
• Potential to yield a major epithermal gold deposit, comparable in scale to the Vera-
Nancy Project (Queensland) that has produced 2.3Moz Au to date, plus 11 other
highly prospective targets.
Joint Venture
• Joint Venture signed with Tigers Realm Minerals - www.tigersrm.com.au, subject to
forestry permit being issued , expected August 2011.
• Tigers to spend not less than $6m by IUP expiry (June 2015) for 70% of equity; $2m
in year 1.
• Must fund drilling up to Bank Feasibility Study to retain equity; otherwise 1% royalty
up to 2x investment .
• Both parties will fund their share of development costs post BFS. Tigers will use best
commercial endeavours to arrange project finance for up to a maximum of 75% of the
Company’s funding requirements for the project.
June 2011
18

Project Overview – Jelai Gold Project
The figure opposite shows drill result highlights
from the Mewet Prospect.
Mewet Drill Results – Plan View
The Mewet Prospect contains several
mineralised veins.
At least 5 gold bearing shoots appear to have
been discovered.
There is a clear potential for further discoveries
in several kilometres of untested quartz veins.
Work on the Mewet vein has shown a vertical
extent of at least 200 metres for the precious
metal zone.
There appears to be a major untested potential
at depth in known shoots.
June 2011
19

Project Overview – Jelai Gold Project
June 2011
20

Project Overview – Jelai Gold Project
The figure adjacent illustrates the drill holes
proposed under the delineation drilling
program. Additional exploration drilling will be
undertaken initially.
Proposed Mewet Prospect Drill Holes
The proposed delineation drilling program
would consist of approximately 40 drill holes
and aim to delineate a resource of 400koz Au.
Of which 87koz Au of the 400koz Au exploration
target requires no further drilling.
Drilling would take place at the Mewet, South
Sembawang, Nyabi and Lipan veins.
KLG estimate the cost of delineating the 400koz
Au exploration target is approximately US$1.5m
June 2011
21

Project Overview – Jelai Gold Project
Jelai Gold Project – Resembles Vera Nancy
• The Vera-Nancy Project is considered geologically similar and of comparable scale to the Mewet vein system.
• After an extensive drilling program, the Vera Nancy Project has thus far produced 2.3 million ounces of gold.
• Mewet is open to north, south and down dip. Lipan, Sumbawang, Nyabi and Obi veins and Balangan silica cap are yet to be tested.
June 2011
22

Infrastructure and Operating in Indonesia
Projects and Planned Rail System
Jelai Gold Project
KSK Copper Project
Mewet Prospect Exploration Target 87koz Au
Exploration Target 500Mt at 0.5-0.6% Cu.
Region Exploration Target 500,000oz Au
Coal Division
Infrastructure
• KSK Copper Project:
• Two separate access roads of approximately 100km.
• Saleable product could be transported by road to either township of Tumbang
Samba or Kuala Kurun (both with jetty points for 8,000 tonne barges), and then
barged to the coast.
• In the longer term, should the KSK Copper Project move towards a larger scale,
there are several infrastructure development options considered to be suitable.
• Jelai Gold Project:
• Located in East Kalimantan and accessible by road and future production will
be able to be transported to port facilities at Tarakan (50km) by using a
combination of road and barge transport.
Xxxx
• Operating in Indonesia
• KLG has developed close working relationships at all levels of society, from the
local communities surrounding its project areas to the highest tier of decision
making.
• KLG has been working in advance of mining to foster good relationships and
strengthen local capacity to self manage across various community aspects
including linking villages with local government services and linking donor
agency support to the needs of communities.
Possible Concentrate Pipeline
June 2011
23

Corporate
Capital Structure and Shareholders*
June 2011 Units Value
Share price
GBp 4.5p
(AIM)
Shares M 165.407
Options M 9.181
Market cap. £8.5m C$16.3m
Debt Nil Nil
Major Shareholders (%)
Rahman Connelly (Director) 4.6
Capital Structure and Shareholders
• Market capitalisation of £7.4m at 4.5p/ C$ 13.2m at 8c.
• 2.5 million shares issued at 14c for C$350,000 to Freeport in April 2011
• Raised £800k December 2010 by issuing 16.125m shares at 5p
• Raised C$662k during July 2010 by issuing 13 million common shares at C$0.05.
• During FY09 raised US$1.3 million from two private placements totalling 29 million
common shares, 17 million in April 2009 and 12 million in December 2009, at
issue prices of C$0.05 per share.
• 5 million common shares were issued in May 2009 at C$0.05 per share to
extinguish US$220k accounts payable.
Murray Clapham (Former Director) 2.0
Faldi Ismail (Director) 1.6
Mansur Geiger (Employee) 0.9
Golden Oak Corporate 0.6
Peter Bojtos (Director) 0.2
Doris Meyer (Director) 0.0
*Source: Bloomberg
June 2011
24

Corporate
Board of Directors
Name and Position
Peter Bojtos
Director and Nonexecutive
Chairman
Faldi Ismail
Deputy Chairman and
CEO
Doris Meyer
Director and CFO
Rahman Connelly
Director
June 2011
Brief
• Appointed on 17 September 2009.
• Professional engineer with over 38 years of worldwide experience in the mining industry.
• Background in corporate management as well as all facets of the industry – from exploration through to feasibility to mine
construction, operation and decommissioning.
• Independent director of several mining and exploration companies. Resident of USA.
• Appointed non-executive director in September 2009; appointed Deputy Chairman and CEO in April 2011.
• Extensive current experience of the coal sector in Kalimantan, Indonesia where KLG is active.
• Prior to this he has worked as a corporate consultant specialising in the restructure and recapitalisation of a wide range of ASXlisted
companies.
• Currently a director of several ASX-Listed companies (Kangaroo Resources Limited, Coventry Resources Limited and Energio
Limited).
• Involved with KLG since 1997. Initially as Corporate Secretary, then Chief Financial Officer, becoming a director in 2000.
• Extensive experience in the mining industry, is a Member of the Associations of the Certified General Accountants of British
Columbia and Canada.
• Broad network of contacts in financial markets in North America and Europe, which will serve KLG well in its next stage of
growth and financing. Resident of Canada.
• Deputy Chairman and CEO from 2006 until April 2011.
• A businessman with experience in the financial services sector prior to joining KLG.
• He was a founding director of Connelly Temple, an Australian specialist pension fund management business which introduced
an innovative product offering and had $850 million under management with some 60,000 members by 1996. In that year the
business was sold to Royal & Sun Alliance of the UK.
• In 1997 Rahman became an investor in KLG, taking over as CEO in 2006.
• He was instrumental in bringing the company to the London AIM market to complement its TSX-V listing and has focused on
expanding the company's gold, copper and, most recently, coal prospects in Indonesia.
25

Summary
• KSK Copper Project
JV with Freeport-McMoran Copper and Gold. Worlds largest publically listed copper company
• $7m in first 3 years for 51% interest; $3m in year 1; subscribed C$350k for ordinary shares @ 14c; sole
fund to BFS for additional 24%;
• If Freeport stops funding, loses equity interest for 1% royalty up to sums spent. KLG to be operator;
• If decison to mine is taken, if either party declines to fund its share, its equity will be assigned to other party
for 1% NSR;
• Deep drilling at 3 (4) targets to identify source of porphyry;
• 43-101 drilling at Beruang Kanan to delineate a target 250Mt at 0.5-0.6% Cu;
• Ready to mobilize 1500m capable drill rigs and definition drilling rigs pending issuance of forestry permits,
expected in July.
• Jelai Gold Project
• JV signed with Tigers Realm Minerals;
• $6m by IUP expiry for 70% of equity; $2m in year 1;
• Must fund drilling up to Bank Feasibility Study to retain equity; otherwise 1% royalty up to 2x investment;
• Exploration IUP granted to June 2015, awaiting conditional forestry permit that is expected by August.
June 2011 26