K A L G O O R LI E MI N IN G COMP A N Y L I MIT E D

Suite 1, 346 Barker Road, Subiaco WA 6008 | PO Box 846, Subiaco WA 6904 Telephone: (618) 6382 7200 | Fax: (618) 6382 3777

ACN: 091 009 559 | ABN: 44 091 009 559 | Email: enquiries@kalmining.com.au | Website: www.kalmining.com.au

20 October 2011    The Company Announcements Platform ASX Limited    By E‐lodgement    

MINES AND MONEY PRESENTATION ­ AMENDED   

Upon the request of the Australian Securities Exchange (“ASX”), Kalgoorlie Mining Company Limited (“KMC”) has amended  page  12  of  the  KMC’s  Mines  and  Money  Presentation  to  be  more  reflective  of  the  JORC  Code requirement.  Page 12, has now been amended to:  Targeting 300k – 350k oz’s Au at a grade of 4.5gr – 5gr/ tn Au at Bullant deeps with future exploration.  

(The  potential  quantity  and  grade  is  conceptual  in  nature,  there  has  been  insufficient  exploration  to  define  a Mineral  Resource,  and  it  is  uncertain  if  further  exploration  will  result  in  the  determination  of  a  Mineral Resource.)   

 ______________________________ Chris Daws Chief Executive Officer   The information in this report that relates to information complied by Mr. Trevor Eddie (Bsc Geology) who is a member of the Australasian Institute of Mining and Metallurgy (“AusIMM”) and is bound by and follows the institute’s codes and recommended practices. Mr. Eddie  is a  full­time employee of Kalgoorlie Mining Company Bullant Pty Ltd (Kalgoorlie Mining Company Limited). He has  sufficient  experience which  is  relevant  to  the  type of mineralisation and  types of deposits under consideration and to the activities being undertaken to qualify as  a Competent Person as defined in the 2004 Edition of the “Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves.” Mr. Eddie consents to the inclusion of this information in the form and context in which it appears in this report.  About Kalgoorlie Mining Company Limited 

Kalgoorlie  Mining  Company  Limited  is  an  ASX‐listed  (ASX:  KMC)  gold  development  and  exploration  Company,  which  is focused on delivering rapid shareholder wealth through production, development and exploration from its project portfolio. The  Company’s  core  project  is  the  Bullant  Gold  project,  located  70km  North  West  of  Kalgoorlie,  in  Western  Australia’s goldfields.  The Company  achieved  first  gold  ore  sales  for  the Bullant  project  in August  2011,  and  is  focused  on  the  rapid development of the project through production ramp‐up and targeted exploration to expand the project’s resource base. The Company is based in Perth, WA, and has regional offices in Kalgoorlie.  www.kalmining.com.au 

For

per

sona

l use

onl

y

ASX Code: KMC“GOING FOR GOLD”

Mines & MoneyOctober 2011

1

For

per

sona

l use

onl

y

DISCLAIMER• This presentation has been prepared by Kalgoorlie Mining Company Limited (ACN (091 009 559)) (Issuer) for the sole purpose of providing an overview of its

current prospects and proposed exploration and development strategy to recipients (Recipient). This presentation and its contents are provided to theRecipient in confidence and may not be reproduced or disclosed in whole or in part to any other person, without the written consent of the Issuer.

• The presentation is based on information available to the Issuer as at the date of the presentation. The information contained in this presentation has notbeen verified by the Issuer nor has the issuer conducted any due diligence in relation to that information. The presentation contains selected informationand does not purport to be all inclusive or to contain all information that may be relevant to the Recipient. The Recipient acknowledges that circumstancesmay change and this presentation may become outdated as a result. The Issuer accepts no obligation to update or correct this presentation.

• No representation or warranty, express or implied, is made as to the fairness, accuracy, completeness or correctness of the information, opinions andconclusions contained in this presentation. To the maximum extent permitted by law, none of the Issuer, its directors, employees or agents, advisers, norany other person accepts any liability for any loss arising from the use of this presentation or its contents or otherwise arising in connection with it, including,y p p y y y g p g , g,without limitation, any liability arising from fault or negligence on the part of the Issuer or its directors, employees or agents.

• Nothing in this Presentation is a promise or representation as to the future. Statements or assumptions in this presentation as to future matters may proveto be incorrect and differences may be material. The Issuer does not make any representation or warranty as to the accuracy of such statements orassumptions.

• The information in this presentation does not take into account the investment objectives, financial situation and particular needs of any Recipient. TheR i i t h ld t k i t t d i i th b i f thi t ti l d th R i i t h ld d t it i d d tRecipient should not make an investment decision on the basis of this presentation alone and the Recipient should conduct its own independentinvestigation and assessment of the content of this presentation. Nothing in this presentation constitute financial product, investment, legal, tax or otheradvice. Nothing in this presentation should be construed as a solicitation to buy or sell any security or to engage or refrain from engaging in any dealing inany security.

• This presentation is provided to Recipients in Australia as professional or sophisticated investors, or other persons, specified in section 708 of theCorporations Act to whom a disclosure document is not required to be given under Chapter 6D of the Corporations Act and in accepting this presentation theRecipient warrants that it is such a person. The issuer in its sole discretion, may make an offer of its ordinary shares in the future and at that time a disclosuredocument will be made available. Any person who wishes to acquire the ordinary shares will need to complete the application form that will be in or willaccompany the disclosure document.

• Photographs, maps, charts, diagrams and schematic drawings appearing in this presentation are owned by and have been prepared by or commissioned bythe Issuer, unless otherwise stated. Maps and diagrams used in the presentation are illustrative only and may not be drawn to scale. Unless otherwisestated, all data contained in charts, graphs and tables is based on information available at the date of this presentation., , g p p

• By accepting this presentation the Recipient agrees to be bound by the foregoing statements.

2

For

per

sona

l use

onl

y

CONTENTS

1. Investment Highlights1. Investment Highlights

2. Management

3. Corporate Profile

4. Bullant Project

5. Summary

3

For

per

sona

l use

onl

y

INVESTMENT HIGHLIGHTS

Excellent project base to grow – Bullant Gold Operations

Well positioned geographically – NW Kalgoorlie WA

Strong gold fundamentals – heading to $2,000oz Au

Capable executive management – history of wealth generation Capable executive management  history of wealth generation

4

For

per

sona

l use

onl

y

MANAGEMENT TEAM

CEO – Christopher Daws MAICD, Fin SAChris has a strong background in finance and economics and hold an Affiliate Membership with theSecurities Institute of Australia. Chris held the role of CEO for four years for ASX‐listed NiagaraMining Limited (renamed Poseiden Nickel Limited) including as a Director from November 2006 toJuly 2007. Chris is also currently a non‐executive director of ASX Listed Spitfire Resources Limited.July 2007. Chris is also currently a non executive director of ASX Listed Spitfire Resources Limited.

General Manager Operations – David (Shorty) RyanShorty has 30 years of experience in the mining industry across Australia and Internationally,working in key resource sector supply roles including transport, logistics, energy supply, and projectdeployment.

5

For

per

sona

l use

onl

y

MANAGEMENT TEAMNon Executive Director – Peter George

Peter is a qualified Mining Engineer with fifteen years of Australian and international experience ini l h i l d l i l i hi h i i i d P i l M imanagerial, technical and consulting roles within the mining industry. Peter is currently Managing

Director of respected WA based Rapallo, a significant and long‐standing mining engineering firmservicing the minerals industry.

Non Executive Director – James CroserJames is a qualified mining engineer with significant broad experience in the resources sector,particularly underground mining in hard rock. James was instrumental in the construction of theFrog’s Leg Gold Mine for La Mancha Resources & has held mine management positions for LaMancha Resources & Perilya Limited as well as operational roles in some of Australia’s largestunderground contracting company’s. James is currently consulting to the mining industry asOperations Manager of Rock Team Pty LtdOperations Manager of Rock Team Pty Ltd.

Chairman – Jonathan MurrayJonathan is a Partner of Steinepreis Paganin, an independent law firm based in Perth, WesternAustralia. Jonathan specialises in equity capital raisings, all forms of acquisitions and divestments,governance and corporate compliance.

6

For

per

sona

l use

onl

y

Corporate ProfileInvestor Shares (MM) %

Ordinary Shares (M) 271.3 Christopher Daws 25.3 9.32Escrow (M) May '12 20 5 Social Investments 15 4 5 67

ASX Code: KMC

Escrow (M) May 12 20.5 Social Investments 15.4 5.67Listed Options (M) 27.1* Hewlett Alexander 11.4 4.20Total (M) 271.3 Gallin Nicole Joan 8.1 2.98Market Cap (Undil., A$M) 36.6 Pannin Pty Ltd 4.9 1.80Range (Since Listing) 0.08-0.20 Northerly Inv Pty Ltd 4.5 1.65Average Daily Vol 843,688* KCMO $0.25 exercise May 2014

Directors and Senior ManagementChristopher Daws Chief Executive OfficerJonathan Murray ChairmanyJames Croser Non Executive DirectorPeter George Non Executive DirectorDavid (Shorty) Ryan General Manager OperationsCli t B k R id ti l Mi MClint Baker Residential Mine ManagerTrevor Eddie Geology Manager

7

For

per

sona

l use

onl

y

PROJECTBullant Gold MineBullant Gold Mine

8

For

per

sona

l use

onl

y

BULLANT GOLD MINE

Acquisition of Bullant Gold Mine completed April 2011completed April 2011

Bullant mining operations commenced  May 2011 

Excellent potential for immediate resource increase with deeper drilling below 

t i l lcurrent mine levels

Exploration already finding more ore  4 6m@ 26 17gt / Au4.6m @ 26.17gt / Au5.0m @ 8.43gt / Au             8.3m @ 5.52gt / Au

Possible 8‐10yr mine life if depth extensions proven

9

For

per

sona

l use

onl

y

NEAR MINE EXPLORATION BULLANTBULLANT

10

For

per

sona

l use

onl

y

BULLANT EXPLORATION

Many other opportunities lie within mining leases including butwithin mining leases including but not limited to:

East Lode East Lode

Wattlebird

Bowerbird

Rocky Damy

Zuleika South

11

For

per

sona

l use

onl

y

BULLANT RESOURCEProject Category Tonnes Au g/t Ounces

Wattle Bird Measured ‐ ‐ ‐

Indicated 1,283,200 2.04 84,200

I f d 255 800 2 02 16 600Inferred 255,800 2.02 16,600

Total 1,539,000 2.02 100,800

Bullant Measured 40,800 4.12 5,400

Indicated 256 700 5 72 47 200Indicated 256,700 5.72 47,200

Inferred 595,500 5.05 96,600

Total 893,000 5.20 149,200

Total Mineral Resources 2,432,000 3.20 250,000

Mine resource currently at 210,800 oz Au after Barrick depletion from mining

Total Mineral Resources 2,432,000 3.20 250,000

Resource upgrade expected East Lode Dec quarter

Targeting 300k – 350k oz’s Au at a grade of 4.5gr – 5gr/ tn Au at Bullant

12

deeps with future exploration (The potential quantity and grade is conceptual in nature, there has been insufficient exploration to define a Mineral Resource, and it is uncertain if further exploration will result in the determination of a Mineral Resource.)

For

per

sona

l use

onl

y

GOLD TREATMENT FACILITY

700 000 t/pa ball mill has 700,000 t/pa ball mill has been purchased

Mill build 2 Stages

Mill/tailings site selectedMill/tailings site selected

Key components secured

Commissioning 2012

13

For

per

sona

l use

onl

y

SUMMARY

ll j b Excellent project base to grow

Capable executive management

Excellent exposure to gold production

Track record to deliver rapid shareholder wealth

14

For

per

sona

l use

onl

y

COMPETENT PERSONS’ STATEMENT

• The information in this report that relates to exploration results for theBullant Project is based upon data that has been reviewed by Mr. Trevor Eddiewho is a member of Australasian Institute of Mining and Metallurgy hascompiled the information within this report that relates to the Bullantp pdeposit. Mr. Eddie has sufficient experience relevant to the style ofmineralisation and type of deposit under consideration and to the activitycurrently being undertaken to qualify as a Competent Person as defined in the2004 edition of the Australasian Code for Reporting of Exploration Results,2004 edition of the Australasian Code for Reporting of Exploration Results,Mineral Resources and Ore Reserves and consents to the inclusion of thisinformation in the form and context in which is appears in this report.

15

For

per

sona

l use

onl

y

CONTACT:

Head OfficeHead OfficeSuite 1, 346 Barker RoadSubiaco, WA, 6008

Phone: +61 8 6382 7200

Fax: +61 8 6382 3777Fax: +61 8 6382 3777

enquiries@kalmining.com.au

www.kalmining.com.au

16

For

per

sona

l use

onl

y