Announcement PDF Long-term, Diversified GoldCopper Producer Corporate Presentation Update July 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 Important Notices and Disclaimer Forward looking statements: 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. 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. www.kingstonresources.com.au I ASX: KSN Corporate Presentation July 2023 2 Important Notices and Disclaimer 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 forward-looking statements included in this announcement. The detailed reasons for that conclusion are outline throughout this presentation. www.kingstonresources.com.au I ASX: KSN Corporate Presentation July 2023 3 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 Long-term diversified gold-copper producer in NSW Exceptional growth opportunity; exploration upside & regional acquisition Existing approvals and extensive infrastructure AU$18+ million cash and existing operating cashflow for growth expansion www.kingstonresources.com.au I ASX: KSN Corporate Presentation July 2023 4 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%) • Well-funded: Estimated cash balance of AU$18.1M and existing operating cash flow from the Tailings Project. • Mining Expansion: Open pit and underground mining scheduled out to the end of 2027. • Significant Upside: Current life of mine only utilizes 22% of the current 8.9Mt of Mineral Resources. • Infrastructure Excellence: Extensive existing infrastructure with all permits approvals in place. • 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 1. 2. See ASX Announcement dated 27 June 2023, $6.5m Capital Raising or Mineral Hill Production Expansion See ASX Announcement dated 3 July 2023, Additional funding received from PURE Asset Management Corporate Presentation July 2023 5 Corporate snapshot Current Share Price1 $0.08 Directors & Management Mick Wilkes Non-Executive Chairman 35+ years experience Shares on Issue 468.6M Andrew Corbett Managing Director 25+ years experience Market Capitalisation $36.6M Stuart Rechner Non-Executive Director 20+ years experience Enterprise Value $26.6M Tony Wehby Non-Executive Director 35+ years experience Cash2 $18.1M Stuart Hayward Chief Geologist 30+ years experience Debt $10.0M Geoff Merrell GM Mineral Hill 25+ years experience 12 month Share Price Performance Shareholder Structure MarketVolume ('000) (RHS) Close Price (A$) (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 Apr-23 ● Quintana ● Delphi ● Winchester Investments ● Farjoy ● BNP Paribas Nominees ● Other shareholders 11.7% 13.1% 7.3% 6.8% 4.0% 57.1% 1. Close of trading 30 June 2023. 2. Estimated Cash balance, as at 30 June 2023 www.kingstonresources.com.au I ASX: KSN Corporate Presentation July 2023 6 Mineral Hill Overview Corporate Presentation July 2023 7 Mineral Hill – Evolution and Growth Phases Long life, strategic asset in the southern Cobar region Phase 3 Phase 2 Phase 1 Open-pit and Underground Mining Tailings Project Cash Flow • Continuing gold dore production from the Tailings Project. • Refurbish the existing processing plant and underground infrastructure. • Build the resource and refine mine planning. www.kingstonresources.com.au I ASX: KSN • Current LOM out to 2027+ • Targeting 30 - 35kozpa+ AuEq. • Dore, gold concentrate, copper, lead and zinc concentrate. • Organically grow the resource base. • Pipeline of resources development targets beyond LOM inventory. Grow and Expand • Extend the LOM • Add quality throughput to maximise free cash flow. • Target flotation plant expansion from 350ktpa to 500ktpa. • Aspiration of 50kozpa+ AuEq. • Grow through regional acquisition. Corporate Presentation July 2023 8 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 Wonawinta Manuka Federation Aurelia 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 July 2023 9 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 July 2023 10 Mineral Hill – Initial LOM to 2027 Key stages in implementing transformational growth at Mineral Hill Calendar Year 2023 2024 2025 2026 2027 Cash flow from Tailings Project Processing plant refurbishment Underground re-access works Underground resource drilling Open pit mining Open pit processing Underground mining Underground processing www.kingstonresources.com.au I ASX: KSN Corporate Presentation July 2023 11 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) Total Mineral Resources Deposit TSF Total Probable Reserve Inventory Deposit Pearse South Kt Au (g/t) 1,171 1.07 Pearse South 140 4.00 84 18 Pearse North 120 3.40 25 13 1,431 1.6 57 71 TSF TOTAL www.kingstonresources.com.au I ASX: KSN Ag (g/t) Au (Koz) Kt Au (g/t) Ag (g/t) Cu % Pb % Zn % Au (Koz) 1,171 1.07 0 40 204 3.77 70 25 Ag (Koz) Cu (Kt) Pb (Kt) Zn (Kt) 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 54 375 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 8,901 1.13 26 1.0% 1.6% 1.1% 323 6,566 72 113 81 Ag (Koz) 40 Corporate Presentation July 2023 12 Mineral Hill – production outlook Zinc Transitioning to open pit and underground mining Lead • Successful Tailing project delivering platform for growth FY261 • LOM production target out to 2028 • Transition to open pit production in April 2024. Copper Silver • High grade gold and silver from open pit mining. • Underground mining to produce high-tech critical metals, with first copper concentrate in CY2025. Silver Lead Zinc • High potential to add mining inventory from exploration within the current mining leases. FY251 Gold Copper Gold Gold FY241 Silver 1. Pie sectors based on proportion of payable metal. www.kingstonresources.com.au I ASX: KSN Corporate Presentation July 2023 13 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 increased significantly, leading to reduced unit costs since the start of the project. • Owner mining focus to drive down costs. Gold Production oz Gold Sold (oz) AISC (A$/oz) A$/oz 2,000 • 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 July 2023 14 Mineral Hill – Surface Mining High-grade gold ore with silver credits • Two separate open pits at Pearse: • New pit at Pearse North • Deepening and cutback of Pearse South • All permits, management plans and environmental approvals in place. • High-grade gold/silver ore (4.4g/t AuEq). • Owner mining strategy to be employed. • Discovering additional high-grade Au/Ag deposits within the ML will be a key focus. Mining Unit Open pit Oxide Tonnes kt 7.8 Sulphide Tonnes kt 250 Total Ore Tonnes kt 258 Gold g/t 3.7 Silver g/t 58 Gold koz 31 Silver koz 470 Total Waste Tonnes kt 2,674 Total Ore Tonnes kt 258 Total Material Movement kt 2,933 Strip Ratio W:O 10:1 Grades Metal Material Movement Pearse North and South pit designs www.kingstonresources.com.au I ASX: KSN Corporate Presentation July 2023 15 Mineral Hill – Underground Mining Existing decline development minimises capital requirement to access high-grade ore • Production target1 using the Southern Ore Zone (SOZ) and Jack’s Hut MREs. • Existing decline development reduces capital expenditure. • Access to SOZ underground development has commenced. • Resource drilling in Q2FY24. Initial Ore Reserve by Q4FY24. • Jack’s Hut is highly prospective with potential to increase Mineral Resources along the entire Mineral Hill trend (2.2km strike length). Underground longitudinal projection looking east – Jack’s Hut and Southern Ore Zone www.kingstonresources.com.au I ASX: KSN 1. Mining Physicals Mining Development Ore Tonnes Stope Ore Tonnes Grades (Dev and Stope) Gold Silver Copper Lead Zinc Metal Gold Silver Copper Lead Zinc Material Movement Waste Tonnes Ore Tonnes Total Material Movement Lateral Development Capital Development Operating Development Total Lateral Development Vertical Development Vertical Development See ASX Announcement dated 27 June 2023, $6.5m Capital Raising or Mineral Hill Production Expansion for key assumptions. Unit Underground kt kt 112 773 g/t g/t % % % 1.7 18 0.9% 1.6% 1.3% koz koz kt kt kt 47 503 8 14 11 kt kt kt 309 885 1,194 m m m 1,509 6,845 8,534 m 240 Corporate Presentation July 2023 16 Advanced near mine development plan Resource expansion strategy and near mine exploration EL1999 5 • Drilling at Pearse North to test Inferred and for pit slope analysis. Pearse Nth • Drilling at SOZ to test Inferred and determine potential stope spans. Pearse Sth • Drilling from underground to test SOZ Inferred and find extensions. 4 22 • Surface RC/diamond drilling at Jack’s Hut – infill shallow levels and find extensions to modelled structures. 3 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 July 2023 17 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 July 2023 18 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 July 2023 19 Misima Gold Project Corporate Presentation July 2023 20 Misima Gold Project PNG − home of world-class mines SIMBERI St Barbara 6 Moz 66 Moz LIHIR Newcrest Mining 17 Moz FRIEDA RIVER PanAust PORGERA 24 Barrick Gold Moz 2 Moz Papua New Guinea 23 PANGUNA Moz 27 Moz OK TEDI PNG Govt. 17 Moz KAINANTU K92 Mining WAFI-GOLPU Morobe Mining JV HIDDEN VALLEY Harmony Gold 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 July 2023 21 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 Tonnes (Mt) 75.6 Reserve Probable koz 160 Au grade (gt / Au) 0.79 Ag grade (gt /Ag) 4.5 Poured gold Recovery Au (Moz) 1.9 Ag (Moz) 10.9 100% 140 120 95% 100 80 90% 60 40 85% 20 Figure: Historical photograph C. 1990-1994 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 80% 1. See KSN ASX announcements on 6 June 2022 for further detail www.kingstonresources.com.au I ASX: KSN Corporate Presentation July 2023 22 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. • Work is continuing to find optimal funding and development options. 3.8Moz Gold 22.1Moz Silver 1.73Moz Gold 4.1Moz Silver Resource Ore Reserve 2.4Moz Production at AISC A$1,217/oz 20-year life of mine LOM Revenue $6.1bn and LOM pre-tax FCF $2.7bn Resource Ore Reserve $956M pre-tax NPV with 22% IRR 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 July 2023 23 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 Well-funded with platform for growth from Mineral Hill cashflow and optionality with the Misima gold project www.kingstonresources.com.au I ASX: KSN Corporate Presentation July 2023 24 Appendix Corporate Presentation July 2023 25 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 July 2023 26 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. 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 Res