KBL Mining's Project Portfolio

• Mineral Hill, NSW (100% KBL)
• Sorby Hills, WA (75% KBL)
• Constance Range, QLD (30% KBL)

The Mineral Hill project covers an area of 49km² in the Cobar Basin of central NSW. The project area houses a state-of-the-art operating mine and mill, which currently produces copper in concentrates. As a result of KBL’s recent and significant exploration successes, the mine is this year expanding its capabilities to also produce gold and silver dore (bullion) and lead-zinc concentrates. The Mineral Hill mine is a strategic asset – the next operating mill is over 150km away and its replacement value is approximately $150m.

Sorby Hills is the largest near surface silver-lead deposit in Australia, located in the East Kimberley region, Western Australia. It constitutes only 12km of KBL’s controlled / farmed-in 140km of tenements, lying along a mineralised syncline around the Bonaparte Basin. A Pre-Feasibility study has been successfully completed for the project, with results confirming the economic and technical viability of Sorby Hills. The project is now in the final stages of permitting, and development is expected to commence this year, with production to follow in FY14.