Kalamazoo Resources Ltd. · ASX:KZR

Kalamazoo Resources — Shareholder Meeting (November 2021)

21 slides from Kalamazoo Resources's shareholder meeting presentation, Nov 17, 2021

  1. Slide 1: World Class Victorian & Pilbara Gold & Lithium Projects

    For personal use only World Class Victorian & Pilbara Gold & Lithium Projects resources limited November 2021 ASX: KZR

  2. Slide 2: Forward Looking Statements

    Forward Looking Statements Investment Presentation This Investment Presentation (IP) is not a disclosure document under Chapter 6D of the Corporations Act nor an The information in this IP for the Victorian, DOM’s Hill and Marble Bar Projects is based on information compiled For personal use only of

  3. Slide 3: The Kalamazoo Story

    The Kalamazoo Story An Australian gold and lithium explorer with major assets in two For personal use only of the richest mineral provinces in the world – Pilbara Craton • Ashburton Gold Project – Previous production of ~350,000oz @ 3.3g/t Au in 1998-2004 – Current JORC Code (2012) Resource of 1.65M

  4. Slide 4: Corporate Overview

    Corporate Overview Substantial Shareholders Board & Management Capital Structure For personal use only Luke Reinehr Executive Chairman/CEO Shares 134,591,434 Angus Middleton Non-Executive Director Performance Rights 4,250,000 Paul Adams Executive Director Unlisted Options 20,650,000 29.1% Bernard Cr

  5. Slide 5: Ashburton Gold Project

    Pilbara: Ashburton Gold Project • Kalamazoo’s Ashburton Project of 1.65Moz @ For personal use only 2.5g/t compares well on grade with Pilbara peers: – De Grey’s Mallina Project (9Moz @1.2g/t)1 – Calidus’ Warrawoona Project (1.5Moz @1.1g/t)2 – Capricorn’s Karlawinda Project (2.1Moz @0.8 g/t)3 – Novo’

  6. Slide 6: Ashburton Gold Project Strategy

    Pilbara: Ashburton Gold Project Strategy For personal use only • Important Tier 1 Jurisdiction: Western Australia is the world’s top-ranked mining region1 • Brownfields and regional greenfields exploration potential • Aiming to expand resource well past 2Moz • Maiden ~5,800m drilling program complet

  7. Slide 7: Ashburton Gold Project Resource

    Pilbara: Ashburton Gold Project Resource For personal use only Mineral Resource JORC Code (2012) of 20.8Mt @2.5g/t for 1.65M oz Au 7 resources limited

  8. Slide 8: Waugh Prospect Drill Program

    Pilbara: Phase 1 Waugh Prospect Drill Program For personal use only • Maiden 5,781m drilling program at the Ashburton Gold Project was completed in late December 2020 • Prospective thick quartz/ironstone units intersected, characteristic of ‘Waugh Type’ mineralisation1 • Waugh intersections include:

  9. Slide 9: Waugh Prospect Drill Program

    Pilbara: Phase 2 Waugh Prospect Drill Program • Moderate to high grade mineralisation extended NW/SE of the Waugh Pit by 2.5km (“Waugh Zone”) For personal use only • Shallow conglomerate hosted gold mineralisation (at Annie Oakley prospect) within the Waugh Zone shares many similarities with the nea

  10. Slide 10: Lithium Market

    Lithium Market • IMF forecasts sixfold increase in demand for critical minerals, including lithium over next two decades1 For personal use only • Lithium demand driven by global commitments of net zero by 2050 and race to lithium-battery EV’s2 10 1. https://www.imf.org/en/publications/weo 2. Eye on

  11. Slide 11: Lithium Projects

    Pilbara: Lithium Projects • East Pilbara hosts two of the world’s largest pegmatite-hosted lithium For personal use only mines at Pilgangoora and Wodgina • Gold and base metal Pilbara projects also highly prospective for lithium • DOM’s Hill Lithium Project (100%) – 122km2 gold and base metals proje

  12. Slide 12: DOM's Hill Lithium Project

    Pilbara: DOM’s Hill Lithium Project • Recent studies and field work identifies significant LCT pegmatite-hosted mineralisation potential For personal use only • Pilbara Minerals’ Pilgangoora Lithium Mine (223Mt @ 1.37% Li2O) – geologic analogue 50kms SW • >25km strike of prospective 1-10km wide Arch

  13. Slide 13: The Sisters Gold Project

    Pilbara: The Sisters Gold Project • The Sisters Gold Project along same shear zone as De Grey’s world class Hemi discovery1 For personal use only • Ultrafine+TM soil sampling and airborne surveys have identified 5 highly prospective drill targets • First RC drilling program planned early 2022 • ~5,0

  14. Slide 14: Victoria: Bendigo Zone

    Victoria: Bendigo Zone For personal use only • Bendigo Zone: 60M+ oz Au1 at average grade of ~ 15g/t Au2 • Kalamazoo exploring 485km2 of major goldfields - right locations for next World-Class discovery • Limited modern exploration, Castlemaine historical drilling averaged 137m, exploring smarter 14

  15. Slide 15: Victoria: Strategy and Target Generation

    Victoria: Strategy and Target Generation For personal use only • Discovering high-grade (>10g/t) large resources (1Moz+) in structurally complex goldfields • New approach required – thinking differently Fentimans Prospect Mustang Lightning • Exploring smarter and innovating with “Low Prospect Prospe

  16. Slide 16: Victorian Drill Programs 2020/21

    Victorian Drill Programs 2020/21 Castlemaine Gold Project For personal use only • Mustang ~4,500m drill program March 2020 (e.g. 1.42m@ 261g/t Au)1 • Lightning ~1.800m drill program December 2020 highgrade/anomalous intersections (e.g. 0.8m at 11 g/t Au and 0.4m at 12 g/t Au)2 • Mustang and Lightnin

  17. Slide 17: Victoria: Tarnagulla Gold Project

    Victoria: Tarnagulla Gold Project • Tarnagulla Gold Project centrally located within the historic Tarnagulla goldfield (561,000 oz Au)1 For personal use only • Ultrafine+TM soil geochemistry sampling program with CSIRO completed October 20202 • 1.4km long linear gold in soil anomaly consistent with

  18. Slide 18: ASX Gold Peer Valuations

    ASX Gold Peer Valuations1 Enterprise value per total Mineral Resource ounce For personal use only $350 $304 $300 $250 $227 $200 $181 $171 $150 $139 $100 $78 $73 $89 Av. $62 $54 $50 $49 $50 $41 $34 $32 $30 $29 $27 $14 $- Note: Nil ounce value allocated to Kalamazoo’s Pilbara or Victorian Gold Project

  19. Slide 19: Investment Highlights

    Investment Highlights ✓ Major assets in two of the most highly rated gold and lithium provinces in the world today For personal use only ✓ Ashburton Gold Project - expanding 1.65Moz @ 2.5g/t Au resource towards development1 ✓ Exploration underway at DOM’s Hill and Marble Bar Lithium Projects ✓ Searc

  20. Slide 20: Contact Us

    For personal use only Contact Us resources limited Luke Reinehr Taylor Collison Chairman/CEO Tom Whiting Unit 3, 328 Reserve Road +61 02 9377 1500 Cheltenham 3192, Victoria twhiting@taylorcollison.com.au +61 3 9988 9007 luke.reinehr@kzr.com.au Victoria Humphries Investor Relations Paul Adams +61 (0)

  21. Slide 21: Appendix: Source Data for EV/Resource ASX Gold Peer Comparison

    Appendix 1 Source Data for EV/Resource ASX Gold Peer Comparison For personal use only Company MGV BGL CAI GMD AOP BRB KIN VAN HRZ KAI STN AUC BDC HRN LCD RXL KZR MDI Price (ASX Closing 1/11/2021 1/11/2021 1/11/2021 1/11/2021 1/11/2021 1/11/2021 1/11/2021 1/11/2021 1/11/2021 1/11/2021 1/11/2021 1/11/

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