Kingsrose Mining Ltd · ASX:KRM
Kingsrose Mining — Investor Presentation (March 2025)
30 slides from Kingsrose Mining's investor presentation, Mar 3, 2025
Slide 1: Corporate Presentation March 2025
For personal use only Corporate Presentation March 2025
Slide 2: Disclaimer
The information contained in this Presentation has been prepared by Kingsrose Mining Limited (“Kingsrose” or the “Company”). The information contained in this Presentation has been prepared in For personal use only summary form. Accordingly, neither the Company nor any of its shareholders, directors
Slide 3: A Clear Vision
A Clear Vision “Deliver value and lasting improvement through responsible precious and base metal discovery and development.” Onal use only
Slide 4: Proven Strengths
Proven Strengths use only zt) Y o fo) Q LL Track record of discovery and value creation * Industry-leading BHP Alliances * High quality, drill-ready Nordic portfolio Well-funded with $27m and no debt Relentless global search for high quality assets
Slide 5: Company Structure
Company Structure Ownership Structure Board & Employees 12.3% Private Investors 59.81% Corporate 9.89% For personal use only = Board & Employees HNW =Corporate = Private Investors A$26.4m Market Cap* A$27.1m Cash* $0.035 Share Price* KRM ASX Code 2007 Established 753.5m Shares on Issue 33.75m Option
Slide 6: Building Strong Foundations
Building Strong Foundations for ® te} 5 > Cc je) ® 12) =) © Cc je) i) pes (0) a iv New Board Managing Director Linea ‘ining and MRE Growth 2021 Acquisition of Penikat Exploration Target : , High-Grade PGE Project Announced Exploration Permits WA Global Search for New Assets BHP Selection to BHP BHP
Slide 7: Team track record on major projects
Amulsar For personal use only Sakatti 5 Moz Au, 28 Moz Ag Windfall Lake Ni-Cu-PGE 6.1 Moz Au Project where team members have played an integral role Country where team members have Raska District operational experience Acquired by Adriatic Metals 2020 Gosowong 5.9 Moz Au Production La Colosa Sukari
Slide 8: Our Projects
Our Projects er Generative exploration in Finland and Norway i ~ Drill-ready projects at Penikat in Finland and Rana in Norway. RP
Slide 9: Rana and Penikat project overview
Rana Project, Norway >5000m drilled >70% intercepted significant mineralisation ® Nickel Mine ® Copper/Zinc Mine Finnmark BH Alliance 2,736 km? staked across Norway Penikat Project, Finland One of the highest- Br ROY , & + -\ - ~S grade PGE Exploration edge. jects globally SS Fbarpenbury SWEDEN. © 9
Slide 10: For personal use only
For personal use only • • • • • • • • •
Slide 11: Our Generative Exploration Process
Our Generative Exploration Process vy Airborne gravity, EM and magnetic su Desktop data interpretation + geocherr surveys + age dating + ground truthing CAMP IDENTIFICATION AND PRIORITISATION ‘Mapping and sampling + ical surveys + ground based ysics + base of tll drling = LL TARGET GENERATION For pe
Slide 12: Finnmark BHP Alliance - Progress
Finnmark BHP Alliance - Progress >Europe’s Largest Generative Exploration Programme cA 5,067 line km airborne gravity gradiometry survey was (Ceompleted in 2024 along with 554 soil samples and 208 rockchip y sae 600000 { >, ] 700000 qgamples. Z| eS BRA fi KRM Rockchipsup - Sa at tee high-grade coppe
Slide 13: Central Finland BHP Alliance - Progress
Central Finland BHP Alliance - Progress >Europe’s Largest Generative Exploration Programme “C4980 line km of drone and ground magnetic surveys were ©completed in the Haapajarvi reservation, along with 795 soil samples aed 87 rockchip samples (Haapajarvi and Suonenjoki) (Figure 2). 12) newly discover
Slide 14: Penikat Project, Finland
Penikat Project, Finland One of the highest-grade PGE exploration projects globally * Tenure covers 20km? * 100+ historical drill holes - 99 intercepted mineralisation * 100% owned * Adjacent to major mining and port infrastructure * Drilling anticipated December 2025 45 78 28 29 Pd Pt Ni Cu 14 “We
Slide 15: For personal use only
• For personal use only 1.4m @ 20.1 g/t 4E from 7.9m (SJ Reef SI/KI-93) • • istori ri oe eef eef eef eef p oration arget 8.8m @ 11.1g/t 4E eef p oration arget from 0m (AP Reef SI/KI-34) ( p oration arget dips est to m) pper nit Centra nit asa nit m
Slide 16: For personal use only
For personal use only • Stillwater = 212Mt at 13 g/t TPM 7.7 MOz 6E • Potential to grow through • exploration of AP Reef and below 500m 2.8 MOz 6E Panton High Grade Platreef Note: Few mines in production below 3 g/t Waterberg Great Dyke Luanga Mogalakwena Julimar High Grade Suhanko ▪ ± ± ± ± ± Panto
Slide 17: Rana Project, Norway — High-Grade Ni-Cu-Co
Rana Project, Norway — High-Grade Ni-Cu-Co Ranbogen (New drill discovery: mat 1.0 % Ni, 0.3 Cu, 0.1 % Co from 176.5m, 23RAN002 ivann Mine ist-producing Ni-Cu- mine Flertinden igsrose 2024 rock ips up to 2.4% Ni, 8% Cu, 0.15% Co Gotneidet ingsrose 2024 rock ips up to 3.4% Cu (Historical rockships up
Slide 18: Sustainability in FY25
Sustainability in FY25 oa Nee | >We actively integrate sustainability into our operations, setting new standards for the exploration industry. Clhe following examples highlight how we’ve turned words into action, demonstrating our dedication to building a more sustainable exploration industry. la _
Slide 19: M&A is Key to Kingsrose Growth Strategy
M&A is Key to Kingsrose Growth Strategy 2 Well-funded Cc ; Nimble and responsive Objective and patient Focused & thorough due diligence For personal us Commodity Precious and base metals with a focus on copper with outsized growth potential Key metrics for any potential acquisition: Development stag
Slide 20: Europe's Dependence for Critical Minerals
Europe’s Dependence for Critical Minerals re > 0% at Copper supplied fm Outside Europe = 94% Cc @of Nickel supplied ffm Outside Europe oO 598% of PGE supplied from Russia and Southern Africa 20 Kingsrose Projects NORTH AMERICA Nickel - 24% PGE - 6% Sanne 12% e ee Shipping to market Global shipping s
Slide 21: Why Invest?
Why Invest? Ms Strong cash position ($27M AUD) Strategic Exploration Alliances with BHP = stability and flexibility in a challenging = US$5M of exploration funding per year market for juniors Focus on high-grade, high-margin Disciplined approach tO aiammmemtions opportunities in precious and base me
Slide 22: Board of Directors
Board of Directors Mike Andrews Non-Executive Chairman Extensive experience in the industry across gold, copper, coal and iron ore exploration globally. Founding Director of Kingsrose, instrumental in the discovery and development of the Way Linggo Gold Mine. 22 John Carlile Non-Executive Director P
Slide 23: Leadership Team
Leadership Team Fabian Baker Managing Director Geologist with diverse corporate and exploration experience from grassroots through to feasibility. Founder and CEO of TSX.V-listed Tethyan Resources (acquired by Adriatic Metals plc). Previously Chief Geologist at Lydian International. 23 Andrew Tunnin
Slide 24: Contact Information
Contact Information Fabian Baker Scott North Managing Director Corporate Development Manager Fabian.baker@kingsrose.com Scott.north@kingsrose.com +44 779 774 2600 +61 477 007 414 24
Slide 25: For personal use only
For personal use only 25
Slide 26: Explanatory Notes
For personal use only Explanatory Notes: 1Kingsrose received a positive Statement from ELY in January 2024. 2Kingsrose received the Derogation Permit from the Ministry of Environment in June 2024. 3No appeals were lodged against the Derogation Permit. 4Tukes awarded the Exploration Permit on 27 June
Slide 27: Penikat Court Escalation Process
Penikat Court Escalation Process 3 MONTHS 5 MONTHS 4 MONTHS ADMINISTRATIVE COURT KRM submits rejoinder to the appeal(s) and Administrative Administrative Court Authorities (ELY, statements, and the Court reviews the receives appeals Tukes, etc.) provide appellants are appeals, rejoinders Appeal peri
Slide 28: References
1. https://www.nornickel.com/upload/iblock/b29/godovoj_otchet_pao_gmk_norilskij_nikel_za_2021_god_en.pdf 27. https://reports.sibanyestillwater.com/2021/download/SSW-RR21.pdf For personal use only 2. https://www.angloamerican.com/~/media/Files/A/Anglo-American-Group/PLC/investors/annual-reporting/202
Slide 29: Competent Persons
Competent Persons The information in this presentation that relates to Exploration Results is based on information compiled by Mr Andrew Tunningley, who is a Member and Chartered Professional (Geology) of the Australasian Institute of Mining and Metallurgy and is Head of Exploration of Kingsrose Min
Slide 30: Responsible Exploration Focused on Discovery
For personal use only Responsible Exploration Focused on Discovery 30
Kingsrose Mining — Investor Presentation (March 2025) on 6ix