Killi Resources Limited · ASX:KLI

Killi Resources — RRS Gold Coast Conference September 2026

19 slides from Killi Resources's conference presentation, Sep 10, 2026

  1. Slide 1: Lodestone Iron Ore Project

    9- 10 September 2026 Lodestone Iron Ore Project LOCATION & INFRASTRUCTURE Western Australia home of Iron Ore GRADE High purity concentrate 68 - 70% Fe (DTR) SCALE 25km of iron ore mineralization TEAM Industry leading team with exceptional track record ASX | KLI

  2. Slide 2: Disclaimers

    Disclaimers The Company believes that it has a reasonable basis for making the forward-looking statements in this presentation based on the This presentation has been prepared by Killi Resources Limited (ACN 647 322 790) (“Killi” or "Company") and its subsidiaries. The information contained herein a

  3. Slide 3: Team with Proven Track Record

    TEAM WITH PROVEN TRACK RECORD Neville Power Hamish Halliday Steve Parsons Michael Naylor Stuart Owen Chairman Managing Director Founder Consultant Major Shareholder Major Shareholder Major Shareholder Major Shareholder Chief Geologist • From 2011 to 2018, Mr Power was • Geologist with over 25 years

  4. Slide 4: Exceptional Location

    EXCEPTIONAL LOCATION THE LODESTONE COMPETITIVE ADVANTAGE Heart of the Mid West - Immediately adjacent to the worlds largest steel producers (ANSTEEL and Baowu Steel) Existing road network ≈200km to the Port of Geraldton Existing rail network to the Port of Geraldton Existing 132kV power (WA State Go

  5. Slide 5: Leverage to Midwest (WA) Infrastructure

    LEVERAGE TO MIDWEST (WA) INFRASTRUCTURE THE LODESTONE COMPETITIVE ADVANTAGE Infrastructure Underutilised Port Road Rail Port of Geraldton 2030 Plan ASX KLI 5

  6. Slide 6: Unique Magnetite Deposit

    UNIQUE MAGNETITE DEPOSIT Geological setting results in the development of coarse recrystallised magnetite 10x to 100x 25kms coarser than typical deposits “Surrounding granites have fully recrystallised the Lodestone magnetite body over 25km of Metasomatic strike ” Recrystalization Sub - euhedral mag

  7. Slide 7: A Standout Premium High-Value Product Compared to Other Australian Peers

    A STANDOUT PREMIUM HIGH - VALUE PRODUCT COMPARED TO OTHER AUSTRALIAN PEERS CONCENTRATE GRADE VS GRIND SIZE 180 Lodestone Iron Coarse Grained Nature Drives Value 160 140 Allows for a simple circuit design 120 Substantial savings in operating costs Grind Size (microns) 100 Potential for major reductio

  8. Slide 8: Simple Low-Cost Flow Sheet

    SIMPLE LOW - COST FLOW SHEET Lodestone Preliminary Flowsheet Design Typical WA Magnetite Flowsheet Primary Crush Primary Crush Secondary Crush Secondary Crush Ball Mill (coarse grind size) High Pressure Grind (HPGR) Rougher + Cleaner Mag Sep Rougher Mag Sep Concentrate (69% Fe) 2 Ball Milling Cleane

  9. Slide 9: Maiden JORC Resource

    MAIDEN JORC RESOURCE 110mt @ 33% Mass Recovery – for 69% Fe concentrate 1 Broad zones of mineralization from surface (30m - 60m true width) Opportunity for Immediate step out- growth drilling Commencement of 20,000m RC program Multiple resource upgrades anticipated over the next 12 months No drillin

  10. Slide 10: First Diamond Hole Hits Crystalline Magnetite

    First Diamond Hole Hits Crystalline Magnetite TARGETING 25KM - LONG CORRIDOR WITH KNOWN MINERALISATION BEYOND RESOURCE First step - out diamond core hole intersects 80m (true width estimated at 40 - 50m) of coarse crystalline magnetite Hole is 100m south of the 110Mt JORC Inferred Mineral Resource V

  11. Slide 11: Substantial Resource Growth Planned

    SUBSTANTIAL RESOURCE GROWTH PLANNED Northern Zone Current JORC Resource Resource Growth 110Mt @ 33% MR – 69% Fe Current resource covers less than Central Zone 20% of identified mineralization Resource Growth Drilling to target additional 20km of crystalline magnetite Southern Zone Parallel zones alr

  12. Slide 12: Why Target DR Grade & Electric Arc Furnace Steel Production

    WHY TARGET DR GRADE & ELECTRIC ARC FURNACE STEEL PRODUCTION Direct Reduction (DR) pallets attract a substantial premium ( ≈40%) over the 62% Fe Index Electric Arc Furnace (EAF) predicted to account for half of all steel production by 2050 Projects capable of producing high purity magnetite are rare

  13. Slide 13: The Global Rise of EAF Steel Production and Demand for DR Grade Feed

    THE GLOBAL RISE OF EAF STEEL PRODUCTION AND DEMAND FOR DR GRADE FEED An additional 100mt of DR grade feed needed by 2030 Bloomberg estimates by 2035, DR - grade pellets will face a supply deficit of 67Mt S&P Global expects deficit of 70- 85Mt by 2035. Wood McKenzie estimates a supply gap of 200mt by

  14. Slide 14: Killi Resources Corporate Summary

    KILLI RESOURCES CORPORATE SUMMARY A$0.27 ~361M ~A$97.4M A$18.5M Share Price Shares on Issue Market Cap Cash and Investments Shareholders 0.32 Macquarie Bank 0.28 5% Gold Fields Limited 4.3% 0.24 0.2 0.16 52% 0.12 Other 38.7% Shareholders Board and Strong Cash Position, Tight Management 0.08 Capital

  15. Slide 15: What's Next?

    WHAT’S NEXT? DRILLING AND RESOURCE GROWTH Aggressive infill and extensional drilling 40,000m Multiple Resource Upgrades Completion of further detailed Metallurgy Programs Fully funded through to Prefeasibility Study Management fully focused on growth and a pathway to FID ASX KLI 15

  16. Slide 16: Lodestone Iron Ore Project

    LODESTONE IRON ORE PROJECT LOCATION & INFRASTRUCTURE Broome Exceptional location in the heart of the Mid - West Iron Ore District Port Hedland Karratha GRADE Newman Capable of producing high purity high value concentrate 68 - 70% Fe Based on DTR testing Carnarvon WESTERN AUSTRALIA SCALE Meekatharra

  17. Slide 17: Contact Us

    CONTACT US E: hamish@killi.com.au Media W: www.killi.com.au Paul Armstrong A: Level 2, 8 Richardson Street Read Corporate West Perth WA 6005 E: paul@readcorporate.com.au ASX KLIASX KLI 17

  18. Slide 18: Appendix A Resource Estimate Summary Table

    APPENDIX A RESOURCE ESTIMATE SUMMARY TABLE Lodestone Iron Project Inferred Resources (Fresh zone) for key elements by DTR Mass Recovery cut - offs. DTR Concentrate Lower cut - off DTR Mass Class DTR Mass Million Tonnes Recovery % Fe % SiO2 % Al2O3 % Recovery % 0 110 33 69 3.9 0.08 Inferre d 10 110 3

  19. Slide 19: Appendix B: Peer Comparison Support

    APPENDIX B: PEER COMPARISON SUPPORT Concentrate Project Company Grind Size Grade Reference Grade derived from resource model & Grind size from DTR Lodestone Iron Killi Resources 150 microns 69% Fe composites AusIMM - Fine Grinding Circuit Process Improvement at the Karara Mine Concentrator. Accessed

Killi Resources — RRS Gold Coast Conference September 2026 on 6ix