Who we are
Kingsgate Consolidated Limited (Kingsgate) is a highly successful gold mining and exploration company, traded on the Australian Stock Exchange (KCN: ASX). The company owns and operates the low cost Chatree gold mine in central Thailand through its wholly-owned subsidiary, Akara mining limited, using world's best practice for safe, environmental and socially responsible operations.

A rapidly growing reserve/resource position is fuelled by exploration within a surrounding gold province which exhibits world class potential.

Our Vision
Kingsgate's vision is to be a preferred gold company delivering shareholder value through profit and growth. We are continually assessing new business opportunities and recognise that the strength of our relationships, our experience in both low sulphidation epithermal gold deposits and in Asia, and our operating expertise will provide the opportunities for growth.

Engineering and Surveying

Growth is propelled by focused gold exploration and prudent acquisitions producing high margin operations. Our expertise is based on embracing cultural diversity and skill development, fostering teamwork and a focus on the best result for all stakeholders.

History
Kingsgate was officially listed on the ASX in April 1988.
The company's strategic advantage is its specialist knowledge of the geological, political and economic climate of mainland South East Asia developed over the 15 years of operating there. Exploration in Thailand led to the greenfields discovery of the Chatree gold deposit.

Gold mineralisation occurs at Chatree as a low sulphidation quartz carbonate adularia style epithermal, occurring in shallow to steeply dipping structures carrying gold bearing veins, breccias and stockworks, within a 7.5 by 2.5 kilometre zone of silicified latitic and trachytic volcanic fragmentals and flows. 

The deposit is located 280 kilometres north of Bangkok in gentle farmland adjacent to bitumen roads and serviced by the national power grid and is accessed from Bangkok and its port by highway quality asphalt and concrete roads. 

Chatree Gold Mine
Construction of the Chatree Gold Mine took place between December 2000 and October 2001 with commissioning in November 2001. It was completed within time and under budget and commercial production commenced on 27 November 2001.

Installation of a pebble crusher increased plant capacity to 2.4 Mtpa in early 2006 and has operated consistently at that rate since.

The ore has a high metallurgical recovery (89-91%) with gold and silver extraction by standard Carbon in Leach (CIL) processing with destruction of cyanide in the pulp to 5-7ppm prior to delivery to the tailings storage facility.

Mineral Resources
The company's exploration program expanded the resources and reserves substantially from 2000 to 2006. Ore Reserves are 1.6 million ounces of gold as at 30 April 2007.

Mineral Resources are 3.4 million ounces of gold, as at 30 April 2007, and 30 million ounces of silver. New discoveries have been made at various locations north and south of the existing operation, demonstrating mineralisation occurs over approximately 23 kilometres in strike length as well as to the west of current operations.

Production
Total production at Chatree for the year ended 30 June 2008 was 74,137 ounces of gold (2007: 85,994 ounces) and 232,039 ounces of silver (2006: 290,897 ounces) at a total cash cost of US$ 457 per ounce (2006: US$440 per ounce) and total production cost of US$556 per ounce.

Thai Subsidiary
Akara Mining Limited is the Thai subsidiary which operates Chatree.
Thai investors hold 52% of the share issued in Akara with the remaing 48% held by Kingsgate. Kingsgate maintains management control and provides regularly updated technical support to ensure the world-class standards and technical skills are maintained.