Kingston Resources Ltd. · ASX:KSN
Kingston Resources — RIU Explorers Conference 2026
20 slides from Kingston Resources's conference presentation, Feb 19, 2026
Slide 1: Cash-generating gold producer transitioning to underground growth
Kingston Resources Limited For personal use only Cash-generating gold producer transitioning to underground growth RIU Explorers Conference Fremantle | Feb 2026
Slide 2: Important notices and disclaimer
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 For personal use only its projects, are forward looking statements. Such forward looking statements: inc
Slide 3: Important notices and disclaimer
Important notices and disclaimer Exploration by Other Explorers For personal use only 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 vou
Slide 4: Investment highlights
KSNDDH017 Investment highlights 12.5m @ 3.41% CuEq 2 Established producer with clear growth path For personal use only Gold-silver producer with copper in FY27 Open Pit production with Underground development underway - underground production ore in the June quarter 10Mt of Mineral Resource1, now wi
Slide 5: Corporate snapshot
Corporate snapshot 1-Year Share Price Performance Market Volume('000) RHS Close Price (A$) (LHS) Shares on issue 841m 0.18 35,000 For personal use only 0.16 30,000 Warrants1 130.4m 0.14 25,000 0.12 Share price (11/02/2026) $0.11 0.1 20,000 0.08 15,000 Market cap $93m 0.06 10,000 0.04 5,000 Cash bala
Slide 6: Mineral Hill: Southern Cobar Basin
Mineral Hill: Southern Cobar Basin Producing today, FY26 margins improving For personal use only Existing open pit gold and silver production with underground development underway Fully permitted, operating processing plant in the southern Cobar Basin with flotation and CIL Located in a proven NSW m
Slide 7: Cobar consolidation has begun
Cobar consolidation has begun Strategic Growth via Regional M&A • PEEL assets Wirlong & Mallee Bull sold2 to AERIS for $214m For personal use only Wirlong: undeveloped copper resource 4.3Mt at 1.75% for 75kt Cu Mallee Bull: undeveloped copper resource 6.3Mt at 1.92% for 122kt Cu Mineral Hill: fully
Slide 8: Kingston's growth strategy for Mineral Hill
Kingston’s growth strategy for Mineral Hill Opportunity to grow scale and expand cash flow For personal use only Milestones at Mineral Hill so far: • $23 million acquisition in January 2022 • Project-to-date revenue of $178 million and operating margin of $47 million1 • Growth in production and reso
Slide 9: Open pit and underground mining
Open pit and underground mining Pearse South Open Pit Mining Underground Mining For personal use only • Pearse South ore grades during January in line with • On boarding new employees, ramp up continues, with forecast between 2.5g/t to 3.0 g/t Au and 40-60g/t Ag double shifts underway in February •
Slide 10: Mineral Hill 2025 Mineral Resource update
Mineral Hill 2025 Mineral Resource update Material resource growth with rising confidence For personal use only • Mineral Resource update: • 10Mt of total Resources1 (up 29%) • 60% Measured & Indicated • Parker’s Hill and Red Terror MRE updated • Mining studies to commence on Red Terror and Parker’s
Slide 11: Mineral Hill forward work programs
Mineral Hill forward work programs Consolidate & expand Mineral Hill Resource Inventory Brownfields Expansion Targets For personal use only EOZ (high grade gold) GD140 Southern Ore Zone (SOZ) (high grade gold) Parker’s Hill • Extension and infill/grade control drilling polymetallic • Footwall Lode 2
Slide 12: Underground expansion drilling
Underground expansion drilling Priority #1 - targeting additional underground ore sources For personal use only Extensive drill out planned to extend N mineralisation footprint 2023 discovery hole KSNDDH017 20k metres of drilling budgeted within the Jack’s Hut ML for the next two years Key focus are
Slide 13: Exceptional high-grade gold and copper
Exceptional high-grade gold and copper Underground drilling results - Southern Ore Zone (SOZ) For personal use only Initial stope production planned from high-grade gold and copper lodes. Results from recent drilling1 into planned stopes: • 8.8m @ 42.5g/t Au, 1.77% Cu (KSNDDH032). • 4.0m @ 12.89g/t
Slide 14: Regional exploration - advancement of key targets
Regional exploration - advancement of key targets Aiming for discoveries on highly prospective greenfield targets For personal use only Phase 1 RC drilling at Bogong, Long Panel, Walkers Hill complete , assay results pending Complete Phase 1 geophysics – Long Panel & Yellow Mountain Yellow Mountain
Slide 15: Organic growth strategy: Focus on expanding Mineral Hill
Organic growth strategy: Focus on expanding Mineral Hill Leveraging the existing gold-copper asset base while advancing future growth opportunities For personal use only Growing production base, transitioning to underground mining and targeting a 10-year mine life Drilling on under-explored, highly
Slide 16: Appendix
For personal use only Appendix KINGSTONRESOURCES.COM.AU | ASX:KSN 16
Slide 17: Competent Person Statement
Competent Person Statement Competent Person’s Statement − Mineral Resource Reported in Accordance with 2012 JORC The Competent Person signing off on the overall Pearse Opencut Ore Reserves Estimate is Mr Code − Mineral Hill John Wyche BE (Min Hon) BComm CP, of Australian Mine Design and Development
Slide 18: Metal equivalents
Metal equivalents This presentation quotes metal equivalent grades defined by Kingston Metallurgical recoveries are based on historical production (2010-2016) as Resources. Price assumptions used are based on market consensus well as recent metallurgical test work and are applied to the Resource For
Slide 19: Measured Resource Inventory
Measured Resource Inventory Mineral Hill – resources & reserves Au Cu Pb Zn Ag Au Cu Pb Zn Ag Deposit Kt (g/t) % % % (g/t) (Koz) (Kt) (Kt) (Kt) (Koz) Attractive commodity base with significant growth potential Southern Ore Zone 327 1.90 1.2% 0.5% 0.3% 10 20 4 2 1 109.3 TOTAL 327 1.90 1.2% 0.5% 0.3%
Slide 20: For personal use only
For personal use only KINGSTONRESOURCES.COM.AU | ASX:KSN