Slide 1: Annual General Meeting
ANNUAL GENERAL MEETING 22 November 2023 Kathryn Cutler ASX KLI Chief Executive Officer Exploring for the next copper-gold discovery in Queensland
Slide 2: Disclaimer
Disclaimer The Company has prepared the Presentation based on information available to it at the time of preparation. No representation or warranty, express or implied, is made as to the currency, accuracy, reliability, completeness or fairness of the information, opinions and conclusions contained
Slide 3: Corporate Structure
Corporate Structure ASX CODE KLI Current Shares on Issue 78M WEST TANAMI PROJECT RAVENSWOOD NORTH (Kimberley, 100% owned 1,634km2) (Charters Towers, 100% owned) Market Cap (November 2023 @ 0.071) ~$5.5M Gold, REE & Copper Gold & Copper Cash (September end 2023) $1.4M NT Top 20 Shareholders 41.5% QLD
Slide 4: Queensland Copper-Gold Projects
Queensland Copper-Gold Projects Killi owns two belt-scale projects in Queensland and is actively exploring for: Mt Rawdon West Project Exploring for a New Copper-Gold deposit in the Mt Perry/Mt Rawdon region • Surface rock chips up to 7.2% Cu and 12.4g/t Au • Not one drillhole on the project • Disco
Slide 5: Mt Rawdon West Project
QLD MT RAWDON WEST PROJECT Queensland ASX KLI W| www.killi.com.au E |admin@killi.com.au ASX : KLI | Slide 5
Slide 6: Queensland Copper-Gold Project
Queensland Copper-Gold Project 100km inland of Bundaberg Project 5km along strike from Mt Rawdon (Evolution) 2Moz gold mine. District scale project – 305km2 Within main gold and copper rich geological belt Historical Copper Gold and Molybdenum Mining region on tenement Project located in back-arc ba
Slide 7: Queensland Copper-Gold Project
Queensland Copper-Gold Project Intersection of two major mineralised corridors – combined 35km of strike Copper discovered in 1862 at Mt Perry. Historical workings extend 50m into the hillside. Historical Molybdenum mine and Mt Perry Copper Smelter on tenement. Historical rock chip samples 2.1% Cu,
Slide 8: Baloo – a new porphyry deposit?
Baloo – a new porphyry deposit? First field program returned high-grade rock chip results: (ASX announcement 7th September 2023) 7.2% Cu & 27.2 g/t Ag 4.2% Cu, 1.16 g/t Au, 75.8 g/t Ag 4.5% Cu, 0.09g/t Au & 83.7 g/t Ag 3.5% Cu & 85.9 g/t Ag 3.3% Cu, 0.37 g/t Au & 31.1 g/t Ag 2.4% Cu, 0.48 g/t Au & 2
Slide 9: Kaa
Kaa 0.42% Cu, 0.15% Cu, 0.11g/t • This program is the first modern exploration program 0.02g/t Au & Au & 19.7g/t Ag at the Project since historical mining operations 4.5% Cu, 1.96g/t Ag 0.09g/t Au & ended in the early 1900’s, representing a significant 2.4% Cu, 83.7g/t Ag discovery opportunity for t
Slide 10: Ravenswood North Project
QLD RAVENSWOOD NORTH PROJECT Queensland ASX KLI 10 W| www.killi.com.au E |admin@killi.com.au ASX : KLI | Slide 10
Slide 11: Queensland Gold-Copper Project
Queensland Gold-Copper Project 90km inland from Townsville. ~660km2 Ravenswood-Charters Towers Gold District. Multi-million-ounce gold province. Potential for a large-scale Intrusive Related Gold (IRG) System, like Ravenswood or Mt Wright. Renewed area of exploration with exploration Companies reali
Slide 12: Ravenswood North Gold Project
Ravenswood North Gold Project Au-Cu target Au-Ag target 43km ASX KLI W| www.killi.com.au E |admin@killi.com.au ASX : KLI | Slide 12
Slide 13: Rocky – Au-Ag target
Rocky – Au-Ag target Gold Mineralisation at surface (1.5km2) Drilling completed on 300 x 300m spaced grid across the targets Results from first 11 holes: • 10m @ 0.66g/t Au fr 174m • 12m @ 0.31g/t Au fr 15m & 5m @ 0.31g/t Au fr 160m • 5m @ 0.68g/t Au fr 51m • 75m @ 0.25g/t Ag fr 65m • 35m @ 0.32g/t
Slide 14: Rocky – Au-Ag target
Rocky – Au-Ag target Cross-section of the Rocky Prospect drilling with gold and silver drill results, geological interpretation, ASX KLI and geophysical anomaly (ASX Announcement 13th July 2023). W| www.killi.com.au E |admin@killi.com.au ASX : KLI | Slide 14
Slide 15: West Branch – Au-Cu target
West Branch – Au-Cu target High-grade surface results: • 6.18% Cu, 8.93g/t Au, & 10.1g/t Ag • 5.21% Cu, 8.47g/t Au, & 27.3g/t Ag Preliminary magnetics interpretation identifies potential intrusive feature Processing underway to provide drill targets ASX KLI Plan view of the West Branch Prospect with
Slide 16: West Tanami Project
WA West Tanami Project Western Australia ASX KLI W| www.killi.com.au E |admin@killi.com.au ASX : KLI | Slide 16
Slide 17: West Tanami Gold Project - Location
West Tanami Gold Project - Location • Belt scale project - 1,634km2 tenement package • Adjacent +20M oz goldfield • Exploring for large scale sediment- hosted orogenic gold systems, like Callie. WA ASX KLI W| www.killi.com.au E |admin@killi.com.au ASX : KLI | Slide 17
Slide 18: West Tanami – Geology & Deposits
West Tanami – Geology & Deposits • Tanami Group – host to the following gold ASX KLI deposits • Killi Killi Formation - Coyote & Kookaburra Gold Controlling Feature (~0.7M oz) • Dead Bullock Formation (DBF)- • Dead Bullock Soak (+14M oz) • The Granites (1.3M oz) • Tanami Goldfield (3M oz) • +18M oz
Slide 19: West Tanami – Why underexplored?
West Tanami – Why underexplored? Why is the project under explored: • Remote location, exploration still within the first stages • Heritage issues – limiting exploration for decades. • Under alluvial cover– Only 2 to 5m All historical drilling - • All existing holes are RAB/VAC/AC • Average spacing
Slide 20: Heritage and Environmental access
Heritage and Environmental access All approvals Heritage received to Relationships Agreement All within 6 access the built and affirmed & operational, major future months of corridors programs listing 4-day survey across the supported. completed. project. ASX KLI W| www.killi.com.au E |admin@killi.c
Slide 21: Camp scale targets
Camp scale targets Major Structural areas to be tested 1. Anticlines thrust zones and structural jogs 2. Dead Bullock Formation is the focus 3. Geochemical anomalies, believed to be arsenic/gold – now understand bismuth/gold far more useful as a pathfinder. 7 Areas to be the focus, with exploration
Slide 22: Gold Targets generated – Area
Gold Targets generated – Area 4 FOX Target Target DEVA Target ASX KLI Plan view of the AC/RC drill results from the Fox and Deva prospects, also in cross- section (right) (ASX Announcement 1st December 2022). W| www.killi.com.au E |admin@killi.com.au ASX : KLI | Slide 22
Slide 23: Comparison of Fox to Callie
Comparison of Fox to Callie • Anticline – folded dead bullock sediments. • Similarly oriented faulted anticline. Target • Plunging eastward folds. • Magnetic units towards the top of the sequence. • Low-grade gold in quartz veins at surface. • Killi Killi Formation Target overlying the Dead Bullock.
Slide 24: Investment Summary
Investment Summary Belt-scale land holdings in major mineral provinces, for gold, copper and rare earth elements Exploration currently ongoing at the Mt Rawdon West Copper-Gold Project – developing and exploring for a new porphyry system in Queensland Uncovering a potentially large-scale mineral sys
Slide 25: ASX KLI
ASX KLI W| www.killi.com.au E |admin@killi.com.au