Announcement PDF Asia-Pacific Gold and Copper Mining Company Mines and Money Connect, Melbourne June 2023 Andrew Corbett, Managing Director  Mineral Hill delivering growth in gold and copper production  3.8Moz Misima Gold Project Definitive Feasibility Study complete ASX: KSN Disclaimer Forward Looking Statements Disclaimer Certain statements contained in this presentation, including information as to the future financial or operating performance of Kingston Resources Limited (“KSN”) and its projects, are forward looking statements. Such forward looking statements: No representation or warranty, express or implied, is made as to the fairness, accuracy, completeness or correctness of the information, opinions and conclusions contained in this presentation. To the maximum extent permitted by law, none • include, among other things, statements regarding incomplete and of KSN, its directors, employees or agents, nor any other person accepts any liability, including, without limitation, any uncertain proposals or targets, production and prices, operating liability arising out of fault of negligence, for any loss arising costs and results, capital expenditures, and are or may be based from the use of the information contained in this on assumptions and estimates related to future technical, presentation. In particular, no representation or warranty, economic, market, political, social and other conditions; express or implied is given as to the accuracy, completeness • are necessarily based upon a number of estimates and or correctness, likelihood of achievement or reasonableness assumptions that, while considered reasonable by KSN, are or any forecasts, prospects or returns contained in this inherently subject to significant technical, business, economic, presentation nor is any obligation assumed to update such competitive, political and social uncertainties and contingencies; information. Such forecasts, prospects or returns are by their and nature subject to significant uncertainties and • involve known and unknown risks and uncertainties that could contingencies. cause actual events or results to differ materially from estimated The information contained in this presentation is for or anticipated events or results reflected in such forward looking informational purposes only and does not constitute an offer statements. to issue, or arrange to issue, securities or other financial KSN disclaims any intent or obligation to update publicly any forward looking statements, whether as a result of new information, future events or results or otherwise. The words “believe”, “expect”, “anticipate”, “indicate”, “contemplate”, “target”, “scope”, “plan”, “intends”, “continue”, “budget”, “estimate”, “may”, “will”, “schedule” and similar expressions identify forward looking statements. All forward looking statements made in this presentation are qualified by the foregoing cautionary statements. Recipients are cautioned that forward looking statements are not guarantees of future performance and accordingly investors are cautioned not to put undue reliance on forward looking statements due to the inherent uncertainty therein. www.kingstonresources.com.au I ASX: KSN products. The information contained in this presentation is not investment or financial product advice and is not intended to be used as the basis for making an investment decision. The presentation has been prepared without taking into account the investment objectives, financial situation or particular needs of any particular person. Before making an investment decision, you should consider, with or without the assistance of a financial adviser, whether an investment is appropriate in light of your particular investment needs, objectives and financial circumstances. Past performance is no guarantee of future performance. Exploration by Other Explorers This presentation contains information sourced from the reports of Other Explorers. References to the original reports are provided as footnotes where the information is cited in this presentation. KSN does not vouch for the accuracy of these reports. KSN has taken the decision to include this information as it is in the public domain and as we assess it to be of relevance to shareholders and investors. Diamond Drilling at Pearse North Corporate Presentation June 2023 2 Company vision Becoming a leading ASX-listed mid-tier gold and copper producer, pioneering excellence and delivering sustainable value to stakeholders Two advanced 100%-owned gold & copper projects Management team; jurisdictional experience and a track record of success Aiming to double production and extend mine life from current resources Exceptional gold & copper exploration upside Existing approvals and infrastructure Exceptional growth opportunity; strategic regional acquisition www.kingstonresources.com.au I ASX: KSN Corporate Presentation June 2023 3 A diversified portfolio of gold and copper projects Unleashing exponential growth and value Misima Gold Project, PNG (100%) • DFS Validation: Affirming the potential for a robust, scalable, and low-cost open pit operation. • Production Potential: Anticipated gold production of ~2.4Moz over a 20-Year Mine Life (Avg. 128kozpa). • Strong Financial Viability: Pre-Tax Net Present Value (NPV) of A$956 Million (based on a US$1,800/oz Gold Price). • Gold Price Sensitivity: Highly leveraged to the upside of the gold price, amplifying potential returns. • Current Focus: Prioritizing ESIA reports, strategic funding & development strategies. Mineral Hill Mine, NSW (100%) • Sustained Cashflow: Leveraging gold and silver production for ongoing financial success. • Infrastructure Excellence: Extensive CIL & flotation processing plant and advanced underground development. • Mining Expansion: Targeting resumption of open pit and underground operations during 2024. • Exploration Potential: Exceptional upside within current Mining Leases (ML) and Exploration Licenses (EL). • Current Focus: Maximizing returns through Tailings Project gold production, proactive exploration drilling, and strategic underground re-entry efforts. www.kingstonresources.com.au I ASX: KSN Corporate Presentation June 2023 4 Corporate snapshot Current Share Price1 $0.11 Directors & Management Mick Wilkes Non-Executive Chairman 35+ years experience Shares on Issue 415.6M Andrew Corbett Managing Director 25+ years experience Market Capitalisation $45.7M Stuart Rechner Non-Executive Director 20+ years experience Enterprise Value $40.7M Tony Wehby Non-Executive Director 35+ years experience Cash2 $9.5M Stuart Hayward Chief Geologist 30+ years experience Debt $5.0M Geoff Merrell GM Mineral Hill 25+ years experience 12 month Share Price Performance Shareholder Structure MarketVolume ('000) (RHS) Close Price (A$) (LHS) $0.16 8,000 $0.14 7,000 $0.12 6,000 $0.10 5,000 $0.08 4,000 $0.06 3,000 $0.04 2,000 $0.02 1,000 $0.00 Jun-22 0 Aug-22 Oct-22 Dec-22 Feb-23 ● Quintana ● Delphi ● Winchester Investments ● Farjoy ● BNP Paribas Nominees ● Other shareholders 13.2% 13.4% 8.1% 4.9% 4.5% 55.9% Apr-23 1. Close of trading 13 June 2023. 2. Last reported cash balance, as at 31 Mar 2023 www.kingstonresources.com.au I ASX: KSN Corporate Presentation June 2023 5 Mineral Hill Overview Corporate Presentation June 2023 6 Mineral Hill – strategic location Significant organic and regional resource growth opportunities Abundance of gold-silver and polymetallic Cobar-style deposits within approved ML’s and within trucking distance of Mineral Hill processing plant Location 516km W of Sydney NSW in Cobar Basin Ownership 100%: 20 ML’s (4.85km2) and 2 EL’s (335km2) Reserves (recovered)1,2 53,000 AuEq oz Resources (recovered)1,2 795,000 AuEq oz (40% Cu, 30% Au) Orebody Structure controlled polymetallic vein and epithermal Au Mining Methods Open pit and underground long-hole stoping Water Supplied from underground and site storage Power Mains with grid upgrade Historical Production 396koz Au, 33kt Cu (plus Pb, Zn concentrate) 1. Gold equivalent ounces calculated based on consensus commodity prices with adjustments based on company expectations. See Appendix for equivalency calculations 2. See KSN ASX announcements on 18 November 2021, 24 November 2022, 15 March 2023, 21 March 2023 for additional Mineral Hill Resource and Reserve information. www.kingstonresources.com.au I ASX: KSN Corporate Presentation June 2023 7 Mineral Hill – mining lease and infrastructure Extensive existing infrastructure enables accelerated path to gold-silver dore, copper, lead and zinc production EL1999 Pearse Nth • History of underground and open pit mines • Numerous gold-silver and polymetallic Cobar style mineral deposits all within approved mining leases. Mineral Resources Additional Deposits • Current cash flow from reprocessing historical tailings, owner miner. • Full mine approvals, environmental permits & biodiversity offset, tailings facilities, water and power all in place. Pearse Sth Hut Processing Infrastructure • CIL with 700ktpa capacity GD140 Parker’s Hill • Flotation plant capacity of 350ktpa • 3 x separate base metal concentrates; copper, lead and zinc (superior payability compared to bulk concentrate). www.kingstonresources.com.au I ASX: KSN Parker’s Hill East TSF SOZ EL1999 Corporate Presentation June 2023 8 Mineral Hill – dynamic project pipeline Initial LOM out to the end of 2028 2023 2024 2025 2026 2027 2028 Tailings reprocessing – Au & Ag Unhedged gold production to March 2024 Processing plant refurbishment Recommission crushing, grinding and flotation Open pit mining Pearse North & South Open pit processing – Au & Ag Gold concentrate & dore Underground mining (SOZ & Jack’s Hut) Two declines in place Underground processing – Cu, Pb, Zn & Au/Ag Cu, Pb and Zn concentrates Parker’s Hill / GD140 / Red Terror Resource estimate updates in CY23 www.kingstonresources.com.au I ASX: KSN Corporate Presentation June 2023 9 Mineral Hill Mine – Resources & Reserves Attractive commodity base with significant growth potential • High grade Pearse open pit Mineral Resources. • Polymetallic underground Mineral Resources. • Additional resource areas to be estimated in CY23 (Parker’s Hill & Red Terror) TSF Total Probable Reserve Inventory Pearse South Deposit Ag (g/t) Cu % Pb % Zn % Au (Koz) Ag (Koz) Cu (Kt) Pb (Kt) Zn (Kt) 1,171 1.07 0 40 204 3.77 70 25 456 Pearse North 239 2.97 25 23 190 Southern Ore Zone 3804 1.29 19 0.9% 1.6% 1.4% 158 2349 34 60 54 1,171 1.07 Pearse South 140 4.00 84 18 375 Jack's Hut 1640 1.25 20 0.9% 0.8% 0.6% 66 1051 15 14 10 Pearse North 120 3.40 25 13 95 Parkers Hill 1843 0.19 43 1.3% 2.1% 0.9% 11 2520 23 39 17 1,431 1.6 57 71 470 TOTAL 8,901 1.13 26 1.0% 1.6% 1.1% 323 6,566 72 113 81 www.kingstonresources.com.au I ASX: KSN Ag (Koz) Au (g/t) Au (g/t) TOTAL Au (Koz) Kt Kt TSF Ag (g/t) Total Mineral Resources Deposit 40 Corporate Presentation June 2023 10 Mineral Hill – leveraging existing gold production from the Tailings Project Tailings processing with CIL capacity up to 700ktpa • Optimised the Tailings Project; increased throughput rates and increased recovery. Gold Production oz Gold Sold (oz) • Gold production increased significantly, leading to reduced costs since the start of the project. A$/oz • Owner mining focus to drive down costs. 2,000 AISC (A$/oz) • Mining of the tailings facility allows it to be rebuilt for future tailings storage. 1,500 1,000 500 0 Jul-22 Aug-22 Sep-22 Oct-22 Nov-22 Dec-22 Jan-23 Feb-23 Mar-23 Apr-23 May-23 Figure: Tailings Mining Project – current high margin gold production www.kingstonresources.com.au I ASX: KSN Corporate Presentation June 2023 11 Open pit Ore Reserve: high grade gold & silver The first component of the LOM plan to recommence hard rock mining • Updated Ore Reserve1 in 2022. • Metal pricing of US$1800/oz for gold, US$24/oz for silver and exchange rate (AUD/USD) of 0.70. • Pearse South will be a cutback and deepening of the existing pit. • Pearse North is a new pit. • Both pits are fully permitted with all management plans and environmental approvals in place. • Gold recovered via dore and gold concentrate. Mineral Resource Figure: Pearse North and South pit designs Tonnes (kt) Au g/t Ag g/t Au koz Ag koz Pearse South 204 3.77 70 25 456 Pearse North 239 2.97 25 23 190 Ore Reserve Tonnes (kt) Au g/t Ag g/t Au koz Ag koz Pearse South 140 4.0 84 18 375 Pearse North 120 3.4 25 13 95 1. See KSN ASX announcement on 15 March for further detail www.kingstonresources.com.au I ASX: KSN Corporate Presentation June 2023 12 Underground Mineral Resources Southern Ore Zone and Jack’s Hut (Cu-Au-Zn-Pb-Ag) • Polymetallic Mineral Resources estimated for the Southern Ore Zone (SOZ) and Jack’s Hut1. • Targeting recommencement of underground mining, leveraging the existing decline development and infrastructure for low-cost restart. • Substantial Mineral Resource growth potential at depth and along strike with additional drilling. Mineral Resource Tonnes (Mt) Au g/t Ag g/t Cu % Pb % Zn % 3.80 1.29 19 0.9 1.6 1.4 Mineral Resource Tonnes (Mt) Au g/t Ag g/t Cu % Pb % Zn % Jack’s Hut 1.60 1.25 20 0.9 0.8 0.6 SOZ Open Open Figure: SOZ- long section demonstrates the infrastructure advantage of the SOZ with existing decline and level development 1. See KSN ASX announcements on 24 November 2022, 21 March 2023 for further detail www.kingstonresources.com.au I ASX: KSN Corporate Presentation June 2023 13 Advanced near mine development plan 5 Resource expansion strategy and near mine exploration EL1999 Pearse Nth • Drilling at Pearse North to test Inferred and for pit slope analysis. • Drilling at SOZ to test Inferred and determine potential stope spans. Pearse Sth • Drilling from underground to test SOZ Inferred and find extensions. 2 4 3 • Surface RC/diamond drilling at Jack’s Hut – infill shallow levels and find extensions to modelled structures. GD140 Jack’s Hut EOZ • RC/Diamond drilling near mine geophysical targets 1 Southern Ore Zone (SOZ) Extension. 2 South Aurum (Pearse Corridor). 3 Ashes Graben. 4 Parkers Hill East. 5 Bogong Prospect. www.kingstonresources.com.au I ASX: KSN Parker Hill TSF SOZ EL1999 1 EL1999 Corporate Presentation June 2023 14 Exploration within EL1999 Multiple drill targets to be tested • Several near mine targets with potential to significantly expand contained copper and gold. • Lead is the primary pathfinder element for polymetallic mineralisation. • Geochemical anomalies coincident with IP chargeability anomalies. • Broadly aligned with magnetics linears and domains. MLs • Multiple untested targets IP chargeability Cyprus Pines Cu geochemistry Cyprus Pines Pb geochemistry Au+ soil geochemistry EL1999 Subtle Pb-Zn-Bi soil geochemistry Area of interest with multiple overlapping geochemistry & IP signatures Axis of best in hole RAB geochemistry anomaly Lithological unit boundary EL boundary ML boundary Road www.kingstonresources.com.au I ASX: KSN Corporate Presentation June 2023 15 Regional exploration Broader exploration strategy within EL8334 • Drilling to target coincident geophysical targets (gravity and induced polarisation). • Highly prospective geology and regional scale structures. • Lead in soil anomalies to be drill tested. • Land access agreements in progress. www.kingstonresources.com.au I ASX: KSN Corporate Presentation June 2023 16 Misima Gold Project Corporate Presentation June 2023 17 Misima Gold Project PNG − home of world-class mines 6 SIMBERI St Barbara Moz 66 Moz LIHIR Newcrest Mining 17 Moz FRIEDA RIVER PanAust PORGERA 24 Barrick Gold Moz 2 Moz 23 PANGUNA Moz 27 Moz OK TEDI PNG Govt. 17 Moz KAINANTU K92 Mining WAFI-GOLPU Morobe Mining JV HIDDEN VALLEY Harmony Gold Papua New Guinea WOODLARK Geopacific 4 2 1.6 Moz Moz GOLD RIDGE Moz TOLUKUMA 2 Moz PORT MORESBY www.kingstonresources.com.au I ASX: KSN 7 Moz Misima Project 600km from Port Moresby DFS Complete Historically produced 4Moz AuEq over 15 years Corporate Presentation June 2023 18 Misima – long-life, large scale gold project 1.73Moz Reserve underpins long-life Misima Project1 • Total Mineral Resource of 169Mt @ 0.71g/t Au for 3.8Moz • Probable Ore Reserve increased by 28% to 76 @ 0.8 g/t for 1.73Moz • Ore Reserve –mine plan delivers 15-year mine life • Production Target – mine plan delivers 20-year mine life Reserve Probable Au grade (gt / Au) 0.79 Tonnes (Mt) 75.6 koz Au (Moz) 1.9 Ag grade (gt /Ag) 4.5 Poured gold Ag (Moz) 10.9 Recovery 100% 160 140 95% 120 100 90% 80 60 85% 40 20 Figure: Historical photograph C. 1990-1994 80% 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 1. See KSN ASX announcements on 6 June 2022 for further detail www.kingstonresources.com.au I ASX: KSN Corporate Presentation June 2023 19 Misima – definitive feasibility and ore reserve1 Large scale, long-life, low-cost open pit gold and silver mine • High leverage opportunity on the gold price. • DFS uses $1,800/oz gold price and 0.7 AUD:USD. Gold price scenario of $2,000/oz lifts LOM NPV to $1.3bn. 3.8Moz Gold 22.1Moz Silver Resource Resource 1.73Moz Gold 4.1Moz Silver Ore Reserve Ore Reserve 2.4Moz $956M pre-tax NPV with 22% IRR • Work is continuing to find optimal funding and development options. Production at AISC A$1,217/oz 20-year life of mine LOM Revenue $6.1bn and LOM pre-tax FCF $2.7bn Extensive mining history de-risks development pathway 1. See KSN ASX announcements on 6 June 2022 for further detail www.kingstonresources.com.au I ASX: KSN Corporate Presentation June 2023 20 Summary: focus on executing our clearly defined strategy Leveraging existing gold-copper asset base while advancing future growth opportunities Experienced management team focused on maximising shareholder returns Mineral Hill holds an extensive Resource base, gold production and cashflow, outstanding copper potential Focused gold-copper exploration and long life development plan at Mineral Hill Figure: KSNDDH015 - 71.9m: Chalcopyrite vein. Sample interval 71.6m to 72.3m: 5.5% Cu, 0.5g/t Au, 13g/t Ag. Misima holds a large-scale, low-cost, long life, production opportunity as we progress the strategic review Platform for growth from Mineral Hill cashflow and optionality with the Misima gold project www.kingstonresources.com.au I ASX: KSN Corporate Presentation June 2023 21 Appendix Corporate Presentation June 2023 22 Mineral Hill Mine Environmental and social licence to operate • Stakeholder engagement – excellent relationship with landholders, community and Condobolin Chamber of Commerce • Mining Licences (ML) granted • Environment protection, cyanide and water permits in place • Environmental Bonds in place with a staged payment schedule • Development Applications (DA) approvals in place for tailings (TSF), Pearse pits, SOZ underground • Mine Operation Plan (MOP) in place for the tailings retreatment, update required before re-commencing hard rock mining • Biodiversity offset in place, review underway to increase offset by March 2023 • Dam Safety NSW site review complete • Tailings Dam strategy • TSF1 currently being re-processed, approval will be sought for re-use as tailings storage on completion • TSF2 approved, lift 4 & 5 designed providing storage capacity for 2.5 years www.kingstonresources.com.au I ASX: KSN Corporate Presentation June 2023 23 Competent Person Statement Competent Person’s Statement - Mineral Resource Reported in Accordance with 2012 JORC Code – Mineral Hill The information in this report that relates to the reporting of the Mineral Hill Mine Mineral Resource Estimate is based on and fairly represents, information and supporting documentation compiled by Mr. Stuart Hayward (BAppSc (Geology)) MAIG ,who is a Member of the Australian Institute of Geoscientists. Mr. Stuart Hayward is a full-time employee of Kingston Resources Limited. Mr. Hayward has sufficient experience relevant to the style of mineralisation and type of deposit under consideration and to the activity which he is undertaking to qualify as a Competent Person as defined in the 2012 Edition of the ‘Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves’. Mr. Hayward confirms that the information in the market announcement provided is an accurate representation of the available data and studies for the material mining project and consents to the inclusion in this report of the matters based upon the information in the form and context in which it appears. The Company confirms that the form and context in which the Competent Person’s findings are presented have not been materially modified from the original report. Competent Person’s Statement - Mineral Resource Reported in Accordance with 2004 JORC Code – Mineral Hill The information in this release that relates to Mineral Resources is based on information reviewed by Mr. Stuart Hayward (BAppSc (Geology)) MAIG, who is a Member of The Australian Institute of Geoscientists and a full-time employee of Kingston Resources Limited. Mr Hayward has sufficient experience in the style of mineralisation and types of deposit under consideration and to the activity he is undertaking to qualify as a Competent Person as defined in the 2004 Edition of the ‘Australian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves’. Mr. Hayward confirms that the information in the market announcement provided is an accurate representation of the available data and studies for the material mining project and consents to the inclusion in the report of the matters based on his information in the form and context in which it appears. All Mineral Resource estimates were prepared and first disclosed under the JORC Code 2004 and are an accurate representation of the available data and studies for the Mineral Hill Mine. This information has not been updated since to comply with the JORC Code 2012 on the basis that the information has not materially changed since it was last reported. Work will commence on close of acquisition by the Company to bring each of the Mineral Resources into line with the JORC Code 2012. Competent Person’s Statement – Ore Reserve Reported in Accordance with JORC Code – Mineral Hill The Ore Reserve and Mineral Resources estimates were prepared by a Competent person in accordance with the JORC Code 2012 with exception of the Parkers Hill Mineral Resource Estimates that have been prepared by a Competent Person in accordance with the JORC Code 2004 and have not been updated to comply with the JORC Code 2012 on the basis that the information has not materially changed since it was last reported. Pearse, Parkers Hill, Jacks Hut and the Southern Ore Zone Mineral Resource estimates and Ore Reserves have been adjusted by mining depletion using the production wireframes created by the site survey department at the time of mining. These wireframes represent the mining activities at these deposits to the best of Kingston’s knowledge although they are not to be viewed as complete or accurate in their entirety and therefore mining depletion may be revised when Kingston is able to produce revised determinations on more complete data and verification thereof. Information pertaining to Mineral Resource Estimates (MRE) and Ore Reserves (OR) in this presentation has been previously released to the public. The tables on this page indicate the authors of the historical Resources/Reserves and the dates they were initially published. Kingston is not reporting these estimates as its own with exception of the MRE and OR for the TSF which has not been reported previously by any other company. The other original reports are available through the ASX website. The Competent Person (JORC 2012) for the TSF Ore Reserve is Mr Jeremy Peters (BSc, BEng) a Fellow of the Australasian Institute of Mining and Metallurgy and Chartered Professional Geologist and Mining Engineer of that organisation. Mr Peters is a full-time employee of Burnt Shirt Pty Ltd and has sufficient relevant experience to act as Competent Person. The Competent Person signing off on the overall Pearse Opencut Ore Reserves Estimate is Mr John Wyche BE (Min Hon), of www.kingstonresources.com.au I ASX: KSN Australian Mine Design and Development Pty Ltd, who is a Fellow of the Australasian Institute of Mining and Metallurgy and who has sufficient relevant experience in operations and consulting for open pit metalliferous mines. Mr Wyche consents to the inclusion in this report of the information pertaining to the Pearse Opencut Ore Reserve in the form and context in which it appears. Competent Person’s Statement - Mineral Resource Reported in Accordance with 2012 JORC Code – Misima The information in this report that relates to the reporting of the Misima Mineral Resource Estimate is based on and fairly represents, information and supporting documentation compiled by Mr. Stuart Hayward (BAppSc (Geology)) MAIG ,who is a Member of the Australian Institute of Geoscientists. Mr. Stuart Hayward is a full-time employee of Kingston Resources Limited. Mr. Hayward has sufficient experience relevant to the style of mineralisation and type of deposit under consideration and to the activity which he is undertaking to qualify as a Competent Person as defined in the 2012 Edition of the ‘Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves’. Mr. Hayward confirms that the information in the market announcement provided is an accurate representation of the available data and studies for the material mining project and consents to the inclusion in this report of the matters based upon the information in the form and context in which it appears. The Company confirms that the form and context in which the Competent Person’s findings are presented have not been materially modified from the original report. Competent Person’s Statement – Ore Reserve Reported in Accordance with 2012 JORC Code – Misima The Competent Person signing off on the overall Misima Ore Reserves Estimate is Mr John Wyche BE (Min Hon), of Australian Mine Design and Development Pty Ltd, who is a Fellow of the Australasian Institute of Mining and Metallurgy and who has sufficient relevant experience in operations and consulting for open pit metalliferous mines. Mr Wyche consents to the inclusion in this report of the matters based upon the information in the form and context in which it appears. Kingston confirms that it is not aware of any new information or data that materially affects the information included in all ASX announcements referenced in this release, and that all material assumptions and technical parameters underpinning the estimates in these announcements continue to apply and have not materially changed. Ore Reserve Deposit JORC ASX Announcement Competent Person Company Misima 2012 KSN 06/06/2022 John Wyche AMDAD TSF 2012 KSN 18/11/2021 Jeremy Peters Burnt Shirt Pearse North 2012 KSN 15/03/2023 John Wyche AMDAD Pearse South 2012 KSN 15/03/2023 John Wyche AMDAD Company Mineral Resource Deposit JORC ASX Announcement Competent Person Misima 2012 KSN 15/09/2021 Stuart Hayward KSN TSF 2012 KSN 18/11/2021 Troy Lowien Groundwork Plus Pearse South 2012 KSN 15/03/2023 Stuart Hayward KSN Pearse North 2012 KSN 15/03/2023 Stuart Hayward KSN KSN Southern Ore Zone 2012 KSN 24/11/2022 Stuart Hayward Jack’s Hut 2012 KSN 21/03/2023 Stuart Hayward KSN Parkers Hill 2004 KBL 13/09/2011 Anthony Johnston KBL Corporate Presentation June 2023 24 Mineral Hill – Resources and Reserves Attractive commodity base with significant growth potential Total Probable Reserve Inventory Measured Resource Inventory Kt Au (g/t) 1,171 1.07 Pearse South 140 4.00 84 18 375 Pearse North 120 3.40 25 13 95 1,431 1.6 57 71 470 Deposit TSF TOTAL Ag (g/t) Au (Koz) Ag (Koz) 40 Deposit Kt Au (g/t) Ag (g/t) Cu % Pb % Zn % Au (Koz) Ag (Koz) Cu (Kt) Pb (Kt) Zn (Kt) Southern Ore Zone 228 2.11 11 1.3% 0.5% 0.3% 15 79.9 3 1 1 TOTAL 228 2.11 11 1.3% 0.5% 0.3% 15 80 3 1 1 24 Indicated Resource Inventory TSF Total Mineral Resources Pearse South Au (Koz) Ag (Koz) 40 22 450 1,171 1.07 0 40 204 3.77 70 25 Pearse North 239 2.97 25 23 190 Southern Ore Zone 3804 1.29 19 0.9% 1.6% 1.4% 158 2349 34 60 54 Jack's Hut 1640 1.25 20 0.9% 0.8% 0.6% 66 1051 15 14 10 Parkers Hill 1843 0.19 43 1.3% 2.1% 0.9% 11 2520 23 39 17 Pearse South 40 2 5 3 6 TOTAL 8,901 1.13 26 1.0% 1.6% 1.1% 323 6,566 72 113 81 Pearse North 15 2.50 21 1 10 75 1,231 Cu (Kt) Pb (Kt) 85 Kt Pearse South Zn % 4.10 Ag (g/t) TSF Pb % 1.07 164 Au (g/t) Deposit Cu % 1,171 Zn (Kt) 456 Pearse North 224 3.00 25 22 180 1,622 1.28 20 1.0% 1.8% 1.5% 67 1,038 16 29 Jack's Hut 608 1.53 7 1.3% 0.5% 0.4% 30 134 8 3 2 Parkers Hill 1,793 0.191 42 1.3% 2.1% 0.9% 11 2,443 23 38 16 TOTAL 5,582 1.06 30 1.2% 1.7% 1.1% 191 4,244 47 70 42 14 30 29 Southern Ore Zone Inferred Resource Inventory • The Ore Reserve and Mineral Resources estimates were prepared by a Competent person in accordance with the JORC Code 2012 Southern Ore Zone 1,954 1.20 with exception of the Parkers Hill Mineral Resource Estimate, which been prepared by a Competent Person in accordance with the 1,032 1.09 JORC Code 2004 and have not been updated to comply with the JORC Code 2012 on the basis that the information has not materially Jack's Hut changed since it was last reported. Pearse South, Parkers Hill and th