Announcement PDF Noosa Mining Conference Commencement of Open Pit Mining July 2024 Important notices and disclaimer Forward Looking Statements Mineral Hill Gold Bar Certain statements contained in this presentation, including information as to the future financial or operating performance of KSN and its projects, are forward looking statements. Such forward looking statements: include, among other things, statements regarding incomplete and uncertain proposals or targets, production and prices, operating costs and results, capital expenditures, and are or may be based on assumptions and estimates related to future technical, economic, market, political, social and other conditions; are necessarily based upon a number of estimates and assumptions that, while considered reasonable by KSN, are inherently subject to significant technical, business, economic, competitive, political and social uncertainties and contingencies; and involve known and unknown risks and uncertainties that could cause actual events or results to differ materially from estimated or anticipated events or results reflected in such forward looking statements. 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. Disclaimer 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 of KSN, its directors, employees or agents, nor any other person accepts any liability, including, without limitation, any liability arising out of fault of negligence, for any loss arising from the use of the information contained in this presentation. In particular, no representation or warranty, express or implied is given as to the accuracy, completeness or correctness, likelihood of achievement or reasonableness or any forecasts, prospects or returns contained in this presentation nor is any obligation assumed to update such information. Such forecasts, prospects or returns are by their nature subject to significant uncertainties and contingencies. The information contained in this presentation is for informational purposes only and does not constitute an offer to issue, or arrange to issue, securities or other financial 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. For further information on the Life of Mine at Mineral Hill referred to in this Presentation, refer to the Company’s ASX Announcement dated 27 June 2023, $6.5m Capital Raising or Mineral Hill Production Expansion. www.kingstonresources.com.au I ASX: KSN Noosa Mining Conference | July 2024 2 Important notices and disclaimer 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. Underground Production Target The LOM plan includes Mineral Resource Estimates from the Southern Ore Zone (SOZ) and Jack’s Hut to estimate the Production Target. All Ore Reserves and Mineral Resources underpinning this LOM plan have been prepared by Competent Persons in accordance with the 2012 JORC reporting guidelines. Probable Ore Reserve provides 46% of the total LOM processing plant feed tonnage. The Underground production target is based on Mineral Resource estimates and comprises Measured (7%), Indicated (31%), Inferred (56%) and unclassified (6%) material. There is a low level of confidence associated with Inferred Mineral Resources and there is no certainty that further exploration work will result in the determination of Indicated Mineral Resources or that the production target itself will be realised. The stated production target is based on the Company’s current expectations of future results or events and should not be solely relied upon by investors when making investment decisions. Further evaluation work and appropriate studies are required to establish sufficient confidence that this target will be met. The Company notes that the Project forecasts a positive financial performance and is therefore satisfied that the use of Inferred resources in production target reporting and forecast financial information is not the determining factor in overall Project viability and that it is reasonable to report the LOM plan with Inferred Resources. The Company has concluded that it is has a reasonable basis for providing the forwardlooking statements included in this announcement. The detailed reasons for that conclusion are outline throughout this presentation. www.kingstonresources.com.au I ASX: KSN Noosa Mining Conference | July 2024 3 Kingston Resources: Investment highlights Mining Commenced: First blast at Pearse open pits, high-grade gold/silver production in FY25. Processing Plant Expansion: Crushing starts July 2024, internal expansion studies underway. Strategic Advantage: Owns key polymetallic plant in Cobar Basin and Misima Gold Project potential. Growth: Increasing gold production from open pit mining and copper from underground mining. 1. See ASX Announcement dated 2 April 2024 & 27 June 2023, for further detail and key assumptions 2. See KSN ASX announcements on 6 June 2022 for further detail www.kingstonresources.com.au I ASX: KSN Noosa Mining Conference | July 2024 4 Corporate snapshot 3-Year Share Price Performance Shares on issue 707m Warrants & options2,3 98.7m Share price @ 15 July 2024 $0.08 0.3 Market cap @ 15 July 2024 $56m 0.2 Cash @ 8 April 20241 $10.7m 0.1 Restricted cash for environmental bond $7.3m 0 Debt ($5m mature 7 July 2026, $5m matures 29 June 2027) $10m Market Volume('000) RHS Close Price (A$) (LHS) 8000 6000 4000 2000 0 Shareholder Structure Delphi 15% Quintana 9.4% Winchester 9.1% Farjoy 6.7% Other 59.8% 1. Estimated Cash balance, as at 8 April 2024, excludes $7.27m cash backed environmental bond 2. 38m unlisted options @ $0.14, exp 31 July 25, 3. 25m unlisted warrants @ $0.20, exp 07 July 2027, 35.7m unlisted warrants @ $0.14 exp 29 June 2028. Exercise price of the warrants to be repriced post capital raise www.kingstonresources.com.au I ASX: KSN Noosa Mining Conference | July 2024 5 Strategic regional setting for foundational base metals1 • Strategic advantage of ownership of flexible processing capacity and 8.9Mt of polymetallic resources • Clear path to underground mining sees increasing levels of copper and zinc production Zinc Lead Gold Silver FY24 FY27 Copper Silver Gold 1. See ASX Announcement dated 2 April 2024 & 27 June 2023, for further detail and key assumptions www.kingstonresources.com.au I ASX: KSN Noosa Mining Conference | July 2024 6 Mineral Hill Growth strategy for 2024 and beyond Growth Strategy for 2024 and Beyond www.kingstonresources.com.au I ASX: KSN Noosa Mining Conference | July 2024 7 Extensive existing infrastructure Targeting a mine plan beyond 10 years Production set to increase with open pit mining in FY25 Mineral Hill Processing Capacity 700 ktpa 350 ktpa Open pit mining High grade gold and silver production Resource growth Regional acquisition and organic growth Today Float capacity The Future CIL capacity Underground mining Further resource drilling in DecQ 2024 Finalise ore reserve and life of mine plan 1. See ASX Announcement dated 2 April 2024 & 27 June 2023, for further detail and key assumptions. www.kingstonresources.com.au I ASX: KSN Noosa Mining Conference | July 2024 8 Plant refurbishment on track and open pit mining ramping up Increasing gold and silver production with high grade open pits Ramping up production: Plant refurbishment on budget with oxide ore commissioning in July. www.kingstonresources.com.au I ASX: KSN Noosa Mining Conference | July 2024 9 Underground and open pit mining Focus on extending 5-year mine life, producing both precious and base metals Open pit mining underway Underground access established Calendar Year 2023 Underground drilling to commence in Q4 2024 2024 Underground mining to commence in 2025 2025 2026 2027 + Tailings Project Open pit mining (Pearse) Underground resource drilling Underground mining www.kingstonresources.com.au I ASX: KSN Noosa Mining Conference | July 2024 10 Pearse open pit mining: Updated MRE Significantly larger gold deposit • Updated Pearse North MRE, with gold and silver increasing from the previous estimate 30% and 67% respectively • Both pits contain high grade gold and silver • All permits and approvals in place Table 1 Pearse North Mineral Resource Estimate1 at 1.0g/t Au Cut Off Classification Total Tonnes kt Grade Au g/t Grade Ag g/t Metal Au koz Metal Ag koz 292 3.2 33.9 30 318 Table 2 Pearse South Mineral Resource Estimate2 at 1.0g/t Au Cut Off Classification Total Tonnes kt Grade Au g/t Grade Ag g/t Metal Au koz Metal Ag koz 204 3.8 69 25 457 * Due to rounding to appropriate significant figures, minor discrepancies may occur, tonnages are dry metric tonnes. 1. See ASX Announcement dated 14/5/2024 2. See ASX Announcement dated 15/3/2023 www.kingstonresources.com.au I ASX: KSN Pearse North and South pit designs Noosa Mining Conference | July 2024 11 Upside opportunities Resource expansion strategy and near mine exploration EOZ high grade Au target • Mineralisation over 2.5km GD140 target Parkers Hill MRE update and extensions • Multiple ore bodies Red Terror target • Existing development in place SOZ MRE1 update Jacks Hut Infill & Extension New Lode Extension Mineral Resource Estimate for the Southern Ore Zone, November 20222 Tonnes (Mt) Au g/t Ag g/t Cu % Pb % Zn % 3.80 1.29 g/t 19 g/t 0.9% 1.6% 1.4% Mineral Resource Estimate for the Jack’s Hut, 21 March 20232 Tonnes (Mt) Au g/t Ag g/t Cu % Pb % Zn % 1.60 1.25 g/t 20 g/t 0.9% 0.8% 0.6% G-H Lode Infill 1. MRE – Mineral Resource Estimate 2. See ASX Announcement dated 24 November 2023 and 21 March 2023 for MRE announcements www.kingstonresources.com.au I ASX: KSN Noosa Mining Conference | July 2024 12 SOZ underground – infill drilling Infill drilling expands high-grade copper • New Discovery at Mineral Hill1 • New lode intersected in the footwall (New Structure #2) Existing Mineral Resource Zone • 12.5m @ 3.41% CuEq2 (KSNDDH017) • Infill drilling confirms main underground lode over 400m strike3: • 3m @ 8.13% CuEq (KSNDDH020) Potential Mineral Resource Expansion Zone • 3m @ 6.18% CuEq (KSNDDH022) • 10.2m @ 2.73% CuEq (KSNDDH023) 1. See ASX Announcement on 1 November 2023: Near mine discovery at Mineral Hill. 2. CuEq = see the slide on Metal Equivalents 3. See ASX Announcement on 9 April 2024 - Southern Ore Zone Confirmed over 400m Strike www.kingstonresources.com.au I ASX: KSN Noosa Mining Conference | July 2024 13 Advanced near mine development plan on EL8334 4 5 EL1999 Resource expansion strategy and near mine exploration • Five priority targets within the ML and regionally • Focus on resource expansion and extending the mine life 2.5km 3 1 SOZ infill & extension drilling 2 Parkers Hill – GD140 resource updates 3 Jacks Hut and EOZ extensions 4 Bogong target – drilling 5 Webers Gossan and Long Panel – regional exploration www.kingstonresources.com.au I ASX: KSN 2 EL1999 1 EL1999 Noosa Mining Conference | July 2024 14 Exploration tenure Multiple drill targets, geochemical anomalies and geophysical anomalies • Several near-mine copper and gold targets in EL1999 • Multiple untested targets • Highly prospective geology and regional scale structures in EL8334 • Extensive lead-in-soil anomalies. Federation discovered with this tool • Coincident geochemical, gravity and IP chargeability anomalies • Broadly aligned with magnetic lineaments and domains www.kingstonresources.com.au I ASX: KSN Noosa Mining Conference | July 2024 15 Misima Gold Project Noosa Mining Conference | July 2024 16 Misima – definitive feasibility and ore reserve1 Large scale, long-life, low-cost open pit gold and silver mine • Large, low-cost 20-year gold project with A$956m1 NPV at a gold price US$1,800/oz. • 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 Misima Project • 600km from Port Moresby • DFS Complete • Historically produced 4Moz AuEq over 15 years 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 • Kingston is running a process to bring about value realisation through a sale or JV Poured gold koz Recovery 160 100% 140 120 95% Production at AISC A$1,217/oz 20-year life of mine 100 80 90% 60 40 85% 20 - 80% 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 Years 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 Noosa Mining Conference | July 2024 17 Misima Project history 5 High leverage to the gold price 4 Gold Price 3 $2,500.00 2 1 2017 - KSN commences Misima earn-in $2,000.00 2019 – KSN completes 100% ownership 2021 Resource grows to 3.8Moz KSN initiates sale/JV process 2022 Misima DFS 5 4 3 2 $1,500.00 1 1988 Commencement of mining, 4.0Moz AuEq over 15 years $1,000.00 2004 Misima decommissionsed by Placer Dome $500.00 $0.00 1970 1972 1974 1976 1978 1980 1982 1984 1986 1988 1990 1992 1994 1996 1998 2000 2002 2004 2006 2008 2010 2012 2014 2016 2018 2020 2022 2024 www.kingstonresources.com.au I ASX: KSN Noosa Mining Conference | July 2024 18 Summary: Focus on executing our clearly defined strategy Leveraging the existing gold-copper asset base while advancing future growth opportunities Experienced Management Team: Focus on maximising returns from Mineral Hill and Misima Insert mining picture Prime Cobar Location: Mineral Hill in the heart of Cobar Basin, rich in copper & gold (clean energy transition) Excavator/truck Fast-Track Production Boost: Expanding production from open pit mining and moving into underground mining Strategic advantage: Fully approved and operating processing plant with multiple growth options Misima Gold Project: Large scale, long-life, low-cost open pit gold and silver mine www.kingstonresources.com.au I ASX: KSN Noosa Mining Conference | July 2024 19 Appendix www.kingstonresources.com.au I ASX: KSN Noosa Mining Conference | July 2024 20 Highly experienced and well-regarded Executive Team Significant experience across the development life cycle through to production Mick Wilkes Andrew Corbett Tony Wehby Stuart Rechner Non-Executive Chairman Managing Director Non-Executive Director Non-Executive Director Mick is a seasoned mining professional with 35 years’ experience in the industry, primarily in gold and base metals. He has specialised in sustainable project development, construction, and operations throughout his career. Andrew is a highly experienced mining engineer with over 25 years in mine management and financial markets. He has an indepth understanding of mining, equity markets, business development and corporate strategy. Tony is a highly experienced board member and chairman, previously Non-Executive Chairman of Tellus Resources Limited and Aurelia Metals Limited, and a Director of Harmony Gold (Aust) Pty Ltd. Stuart is an experienced company director and geologist with a background in project generation and acquisition in Australia and overseas. Mr Rechner holds degrees in both geology and law. www.kingstonresources.com.au I ASX: KSN Noosa Mining Conference | July 2024 21 Building a safe and sustainable culture Investing in our people and our community A large employer in Condobolin ESG framework: safe, responsible and sustainable Investing in our local and residential workforce www.kingstonresources.com.au I ASX: KSN Noosa Mining Conference | July 2024 22 Mineral Hill – Social License Environmental and Social Licence to operate • Permits in place for mining and processing • Environmental bonds secured • Tailings strategy defined • Biodiversity offset established www.kingstonresources.com.au I ASX: KSN Noosa Mining Conference | July 2024 23 Mineral Hill Mine – Resources and 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 CY24 (Parker’s Hill and Red Terror) Total Probable Reserve Inventory Deposit Kt Au (g/t) TSF 437 0.89 Pearse South 140 4.00 84 18 Pearse North 120 3.40 25 13 TOTAL 697 1.9 57 44 www.kingstonresources.com.au I ASX: KSN Ag (g/t) Au (Koz) Ag (Koz) Total Mineral Resources Deposit Kt Au (g/t) Ag (g/t) Cu % Pb % Zn % Au (Koz) TSF 437 0.89 0 13 Pearse South 204 3.77 70 25 Ag (Koz) Cu (Kt) Pb (Kt) Zn (Kt) 34 60 54 456 Pearse North 292 3.18 34 30 318 Southern Ore Zone 3804 1.29 19 0.9% 1.6% 1.4% 158 2349 375 Jack's Hut 1640 1.25 20 0.9% 0.8% 0.6% 66 1051 15 14 10 95 Parkers Hill 1843 0.19 43 1.3% 2.1% 0.9% 11 2520 23 39 17 470 TOTAL 8220 1.14 27 1.0% 1.6% 1.1% 302 6693 72 113 81 13 Noosa Mining Conference | July 2024 24 Competent Person Statement Competent Person’s Statement - Mineral Resource Reported in Accordance with 2012 JORC Code – Mineral Hill 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 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. 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 - Mineral Resource Reported in Accordance with 2004 JORC Code – Mineral Hill Competent Person’s Statement – Ore Reserve Reported in Accordance with 2012 JORC Code – Misima 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. 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. Deposit JORC ASX Announcement Competent Person Company Competent Person’s Statement – Ore Reserve Reported in Accordance with JORC Code – Mineral Hill Misima 2012 KSN 06/06/2022 John Wyche AMDAD 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. 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 Deposit JORC ASX Announcement Competent Person Company Misima 2012 KSN 15/09/2021 Stuart Hayward KSN TSF 2012 KSN 18/11/2021 Stuart Hayward KSN Pearse South 2012 KSN 15/03/2023 Stuart Hayward KSN Pearse North 2012 KSN 7/05/2024 Stuart Hayward KSN Southern Ore Zone 2012 KSN 24/11/2022 Stuart Hayward KSN Jack’s Hut 2012 KSN 21/03/2023 Stuart Hayward KSN Parkers Hill 2004 KBL 13/09/2011 Anthony Johnston KBL 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 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. www.kingstonresources.com.au I ASX: KSN 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 Mineral Resource Noosa Mining Conference | July 2024 25 Mineral Hill – resources & reserves Attractive commodity base with significant growth potential Total Probable Reserve Inventory Measured Resource Inventory Deposit Au (g/t) Kt Ag (g/t) Au (Koz) 18 Ag (Koz) TSF 437 0.89 Pearse South 140 4.00 84 13 Pearse North 120 3.40 25 13 95 TOTAL 697 1.9 57 44 470 375 Total Mineral Resources Deposit TSF Pearse South • • • • • Kt 437 204 Au (g/t) 0.89 Ag (g/t) Cu % Pb % Zn % 0 3.77 70 Au (Koz) Ag (Koz) Cu (Kt) Pb (Kt) Zn (Kt) 25 456 Pearse North 292 3.18 34 30 318 Southern Ore Zone 3804 1.29 19 0.9% 1.6% 1.4% 158 2349 Jack's Hut 1640 1.25 20 0.9% 0.8% 0.6% 66 1051 Parkers Hill 1843 0.19 43 1.3% 2.1% 0.9% 11 2520 TOTAL 8,220 1.14 27 1.0% 1.6% 1.1% 302 6,693 72 34 Cu % Pb % Southern Ore Zone 228 2.11 11 1.3% 0.5% TOTAL 228 2.11 11 1.3% 0.5% Zn % Au (Koz) Ag (Koz) Cu (Kt) Pb (Kt) Zn (Kt) 0.3% 15 79.9 3 1 1 0.3% 15 80 3 1 1 24 Indicated Resource Inventory TSF 437 0.89 Pearse South 164 4.10 85 22 13 Pearse North 270 3.20 34 28 297 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 4,893 1.08 30 1.2% 1.7% 1.1% 169 4,361 47 70 42 450 60 54 15 14 10 Inferred Resource Inventory 23 39 17 Pearse South 40 2 5 3 6 113 81 Pearse North 22 2.92 29 2 21 Southern Ore Zone 1,954 1.20 20 0.7% 1.6% 1.5% 75 1,231 14 30 29 Jack's Hut 1,032 1.09 28 0.7% 1.0% 0.8% 36 917 7 11 8 Parkers Hill 50 0.20 48 0.7% 1.8% 2.4% 0.3 77 0.4 1 1 3,098 1.17 23 0.7% 1.4% 1.2% 117 2,253 22 42 38 Noosa Mining Conference | July 2024 26 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 Estimate, which 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 South, Parkers Hill 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. Mineral Resources are reported inclusive of Ore Reserves. See Competent Person details and year of original release on slide 33. For full information of Mineral Resource and Ore