Kingsrose Mining Ltd · ASX:KRM
Kingsrose Mining — Investor Presentation (March 2025)
31 slides from Kingsrose Mining's investor presentation, March 2025
Slide 1: Corporate Presentation
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 summary form. Accordingly, neither the Company nor any of its shareholders, directors, officers, agents, em
Slide 3: A Clear Vision
A Clear Vision “Deliver value and lasting improvement through responsible precious and base metal discovery and development.”
Slide 4: Proven Strengths
Proven Strengths ww Ms 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 A$26.4m 2007 , aes Market Cap* Established 12.3% A$27.1m 753.5m Cash* Shares on Issue Investors saat coment $0.035 33.75m DE Share Price* Options KRM 1.9m ASX Code Performance Rights = Board & Employees HNW =Corporate = Private Investors *Reported as of 31 Decem
Slide 6: Building Strong Foundations for Growth
Building Strong v Foundations for Growth Global Search for New Assets Selection to BHP BHP Exploration Xplor program Alliances Acquisition of Rana Maiden “Drill Program Acquisition of Penikat Exploration Target E pa and High-Grade PGE Project Announced 242) Seeed New Board Managing Director _ Head o
Slide 7: Team track record: projects with team involvement
Amulsar 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 28.3 Moz Au 5 Moz Au M
Slide 8: Our Projects
Our Projects Generative exploration in Finland and Norway i ~ Drill-ready projects at Penikat in Finland and Rana in Norway.
Slide 9: Rana Project and Penikat Project locations
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: Landmark BHP Alliances
Landmark BHP Alliances BHP xX | January 2023 - Kingsrose was selected from hundreds of exploration companies worldwide, to take part in BHP’s p or inaugural accelerator programme. BHP Xplor is a global accelerator programme targeting innovative, early-stage mineral exploration companies to find the
Slide 11: Our Generative Exploration Process
Our Generative Exploration Process vy Airborne gravity, EM and magnetic sun Desktop data interpretation + geochemical surveys + age dating + ground truthing CAMP IDENTIFICATION AND PRIORITISATION lapping and sampling + ical surveys + ground based hysics + base of till drling = L TARGET GENERATION
Slide 12: Finnmark BHP Alliance - Progress
Finnmark BHP Alliance - Progress Europe’s Largest Generative Exploration Programme A 5,067 line km airborne gravity gradiometry survey was completed in 2024 along with 554 soil samples and 208 rockchip samples. High-grade copper in polymetallic copper-gold-PGE sulphide veins was discovered in the Po
Slide 13: Central Finland BHP Alliance - Progress
Central Finland BHP Alliance - Progress ~~ Europe’s Largest Generative Exploration Programme 4,980 line km of drone and ground magnetic surveys were completed in the Haapajarvi reservation, along with 795 soil samples and 87 rockchip samples (Haapajarvi and Suonenjoki) (Figure 2). Newly discovered z
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: Penikat historical intercepts and Exploration Target
• 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: Rana Project, Norway — High-Grade Ni-Cu-Co
Rana Project, Norway — High-Grade Ni-Cu-Co Ranbogen New drill discovery: 9.3 m at 1.0 % Ni, 0.3 % Cu, 0.1 % Co from 176.5m, 23RAN002 Bruvann Mine Past-producing Ni-Cu- Co mine Eilertinden Kingsrose 2024 rock chips up to 2.4% Ni, 0.8% Cu, 0.15% Co Botneidet Kingsrose 2024 rock chips up to 3.4% Cu (Hi
Slide 17: Sustainability in FY25
Sustainability in FY25 oa Nee | We actively integrate sustainability into our operations, setting new standards for the exploration industry. The following examples highlight how we’ve turned words into action, demonstrating our dedication to building a more sustainable exploration industry. | ai ~—
Slide 18: M&A is Key to Kingsrose Growth Strategy
M&A is Key to Kingsrose Growth Strategy > Well-funded & quality team means: Nimble and responsive Objective and patient Focused & thorough due diligence Key metrics for any potential acquisition: 18 Commodity Precious and base metals with a focus on copper with outsized growth potential Development
Slide 19: Europe's Dependence for Critical Minerals
Europe’s Dependence for Critical Minerals re 0% of Copper supplied from Outside Europe 4% of Nickel supplied from Outside Europe 8% of PGE supplied from Russia and Southern Africa 19 NORTH AMERICA Nickel - 24% PGE - 6% ‘Copier 12% Shipping to market Global shipping sector is responsib| for 2.5% of g
Slide 20: 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 21: 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. 21 John Carlile Non-Executive Director P
Slide 22: 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. 22 Andrew Tunnin
Slide 23: 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 23
Slide 24: Appendix
Iingsrose Appendix
Slide 25: Geology Data used to estimate the Exploration Target
The Exploration Target was estimated by Mr Jeremy Witley, Head of Department – Mineral Resources, The MSA Group (Pty) Ltd, who is a Competent Person as defined in accordance with the JORC Code (2012). Mr Witley visited the Penikat project on 17th and 18th May 2022, including a field visit to observe
Slide 26: Exploration Target Planned Exploration Work
Exploration Target The SJ and PV reefs were considered to have sufficient data to prepare an Exploration Target estimate, using the mapped strike length as a base case for determining overall strike length. The strike length was adjusted using the proportion of positive intersections (reef cut > 1.0
Slide 27: Penikat Exploration Target and Reef Attributes
Table 1: Penikat Exploration Target TABLE 2: Reef Attributes Tonnes 4E 4E 6E 6E Attribute PV Reef AP Reef1 SJ Reef (millions) (g/t) (Moz) (g/t) (Moz) Data Mean 2E grade of intersections 3.2 g/t PV Reef 3.8 g/t 5.3 g/t greater than 1.0 g/t 2E2 (incl. internal waste) Lower Limit 3.2 2.4 0.3 2.5 0.3 Av
Slide 28: Explanatory Notes
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 2024. 5An appeal was
Slide 29: 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 30: 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 31: Responsible Exploration Focused on Discovery
Responsible Exploration Focused on Discovery 31
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