Killi Resources Limited · ASX:KLI
Killi Resources — Investor Presentation (July 2026)
17 slides from Killi Resources's investor presentation, Jul 23, 2026
Slide 1: Lodestone Iron Ore Project
ASX | KLI 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 mineralisation TEAM Industry leading team with exceptional track record 23rd July 2026
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
Slide 3: Team with Proven Track Record
TEAM WITH PROVEN TRACK RECORD Neville Power Hamish Halliday Steve Parsons Michael Naylor Stuart Owen Chairman Founder, NED Founder Consultant Major Shareholder Major Shareholder Major Shareholder Major Shareholder Chief Geologist • From 2011 to 2018, Mr Power was • Geologist with over 25 years of •
Slide 4: Lodestone Iron Ore Project
LODESTONE IRON ORE PROJECT LOCATION Located in the heart of the Mid-West Iron Ore District Immediately adjacent to the worlds largest steel producers (ANSTEEL and Baowu Steel) INFRASTRUCTURE Leveraging off extensive existing infrastructure Road, Rail, Grid Power, an only ≈200km to the Port of Gerald
Slide 5: Unique Magnetite Deposit
UNIQUE MAGNETITE DEPOSIT Geological setting results in the development of coarse recrystallised magnetite “Surrounding granites have fully recrystallised the Lodestone magnetite body over 25km of strike” Sub-euhedral magnetite ranging Photomicrographs KKRC019 - ASX KLI 5 in size from 0.1mm – 5mm 1,2
Slide 6: A High Value Premium Product
A HIGH VALUE PREMIUM PRODUCT THE LODESTONE COMPETITIVE ADVANTAGE 180 Lodestone Iron 160 Metallurgical Benefits of Recrystalised Deposit 140 HIGH PURITY CONCENTRATE - 68% to 70% Fe Grind Size (microns) liberated at a very coarse grind sizes of up to 250µm 120 SIMPLE CIRCUIT DESIGN – drives potential
Slide 7: Maiden JORC Resource
MAIDEN JORC RESOURCE 110mt @ 33% Mass Recovery – for 69% Fe concentrate1 Broad zones of mineralization from surface (30m - 60m true width) Opportunity for Immediate step out resource extensions Commencement of 20,000m RC program Multiple resource upgrades anticipated over the next 12 months No drill
Slide 8: Substantial Resource Growth Planned
SUBSTANTIAL RESOURCE GROWTH PLANNED Northern Zone Current JORC Resource Resource Growth 110Mt @ 33% MR – 69% Fe 1 Current resource covers less than 20% of identified mineralization Central Zone Resource Growth Drilling to target additional 20km of crystalline magnetite and to upgrade the JORC catego
Slide 9: 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 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 with les
Slide 10: 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 20
Slide 11: 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 11
Slide 12: Work Program – News Flow Catalyst
WORK PROGRAM – NEWS FLOW CATALYST FULLY FUNDED THROUGH PFS 2026 2027 2028 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Growth Drilling Resource Updates Metallurgy Scoping Study/PFS Environmental & Permitting ASX KLI 12
Slide 13: Killi Resources Corporate Summary
KILLI RESOURCES CORPORATE SUMMARY CAPITAL STRUCTURE INFORMATION MAJOR SHAREHOLDERS Pro-Forma1 Pro-Forma1 Macquarie Bank 6.8% Ordinary Shares on Issue 360.7M Neville Power 4.7% Market Capitalisation A$79.0 Steve Parsons 14.1% Cash & Investments A$18.5 Hamish Halliday 13.2% Enterprise Value (EV) A$60.
Slide 14: 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 Capable of producing high purity high value concentrate 68-70% Fe Newman Based on DTR testing Carnarvon WESTERN AUSTRALIA SCALE Meekatharra 25 k
Slide 15: Contact Us
CONTACT US E: hamish@lodestoneiron.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 KLI 15 ASX KLI
Slide 16: 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 Million DTR Mass Class DTR Mass Tonnes Recovery % Fe % SiO2 % Al2O3 % Recovery % 0 110 33 69 3.9 0.08 Inferred 10 110 33 6
Slide 17: Appendix B - Peer Comparison Support
Appendix B - Peer Comparison Support Concentrate Project Company Grind Size Reference Grade 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 (in production) Ansteel 35