KILLI RESOURCES LIMITED — Interim / Quarterly Report 2025

Jan 29, 2026

QUARTERLY REPORT DECEMBER 2025

ASX: KLI

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30 January 2026

QUARTERLY HIGHLIGHTS

Copper and Gold Exploration in Australia

Mt Rawdon West Project

• Exploration at Mt Rawdon West is geared towards delineating initial drill targets within two recently identified, large geochemically anomalous areas – the Baloo and King Louis prospects.

• Baloo is a 4km x 1.5km copper-gold-molybdenum-bismuth soil geochemical anomaly occupying the junction of major intrusive bodies and regionally significant structures. During the Quarter, work programs included -

  • Infill soil sampling and rock-chip sampling at

    • Wonbah - the northern margin of the Baloo anomaly – a 2km geochemical anomaly on the contact between two major granite complexes and close to the historic Wonbah Molybdenum Mine; and the

    • Allendale Lodes – north-northwest trending copper and gold mineralised structures transecting the large Baloo geochemical anomaly.

Assays from this work are in the process of being received and interrogated. Results are expected to be available for announcement in February 2026.

• A detailed ground magnetic survey was completed covering the priority Wonbah geochemical anomaly, where a regionally significant copper-gold-molybdenumbismuth anomaly occurs on the Mount Rawdon Fault.

The magnetics and detailed geochemical survey results for this area are being used to define priority drill targets.

• At King Louie , recent reconnaissance soil sampling generated several areas of interest for follow up exploration. Infill soil and rock-chip sampling has been completed. Results are expected to be available for announcement in February 2026.

West Tanami Gold Project

• Exploration by Gold Fields Limited as part of their earn-in on Killi’s West Tanami Gold Project is progressing well. Results from a program of regional soil sampling are in the process of being received and assessed. This sampling provides coverage over most of the 75km x 50km project, on a 1,200m spacing.

Results from this work will define areas for detailed infill surface geochemical sampling and potentially drilling in the 2026 field season.

Corporate

• Killi remains well-funded to continue its exciting, generative exploration activities, closing the December Quarter with A$1.28m, contributing to cash and investments of more than A$1.78m.

KILLI Resources Limited | Quarterly Activities Report | www.killi.com.au | ASX:KLI

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Killi Resources Limited (ASX: KLI) (“Killi Resources” or “the Company”) is pleased to provide its exploration and corporate activities report for the quarter ending 31 December 2025 (“Quarter”).

EXPLORATION ACTIVITIES

Mt Rawdon West Project (100% Owned, Queensland)

The Mt Rawdon West Project (“Mt Rawdon”) remains the focus of Killi’s exploration activities as it continues to expand on recent copper-gold exploration success. The ongoing discovery of new areas of mineralisation at Mt Rawdon highlights the prospectivity of the Company’s large project area.

Mt Rawdon is located 20 kilometres northwest of the Mt Rawdon Gold Mine and 60 kilometres inland of Bundaberg, within the historic Mt Perry mining district of Queensland (Figure 1). Exploration to date at Mt Rawdon has identified significant copper and gold mineralisation defined by high-grade rock chips within large soil geochemical anomalies.

Recent exploration at Mt Rawdon has highlighted large geochemical areas of anomalism at the Baloo and King Louie prospects (ASX announcement 28[th] October 2025). The remainder of the project area remains relatively unexplored. To better define these anomalies for drill testing, a program of detailed infill soil sampling and ground geophysics was completed during the Quarter.

Baloo

Baloo is a 4 kilometre x 1.5 kilometre copper-gold-molybdenum-bismuth soil geochemical anomaly occupying the junction of major intrusive bodies and regionally significant structures. The priority target for drilling at Baloo (ASX announcement 18 August 2025) has been refined and defined as the 2 kilometre-long Wonbah anomaly on the northern boundary of the greater Baloo geochemical anomaly (ASX announcement 28[th] October 2025) (Figure 2).

Recent rock chip sampling has returned results up to 1.9% copper and 0.67g/t Au (MRRK0135 and MRRK0133 (Figure 2). This area is located only 400 metres south of the historical Wonbah molybdenum mine and hosts historical workings with analysis of spoils returning 1.4% and 1.6% copper (MRRK0008 and MRRK0010) (ASX announcement 7[th] September 2023).

Due to the widely spaced nature of existing soil geochemical sampling and extensive soil cover, infill soil sampling and a ground magnetic survey was completed (Figure 4). During the Quarter, a total of 91 soil samples infilled the geochemical coverage to a 200 metres by 200 metres offset-spacing (effectively 145 metre sample spacing); and approximately 94 line-kilometres of ground magnetics were completed.

Assays from this work are in the process of being received and interrogated. Results are expected to be available for announcement in February 2026. The magnetics and detailed geochemical survey results for this area are being used to define priority drill targets.

Also within the Baloo anomaly is the newly recognised extension to the Allendale lode (Figures 2 and 3) (ASX announcement 28[th] October 2025), which was identified by recently acquired LiDAR geophysical data and traced between existing widely spaced soil sampling lines for approximately 750 metres.

The observed mineralised structure consists of brecciated quartz, iron oxides and copper mineralisation (predominantly as copper secondaries - malachite and azurite). Copper mineralisation is also observed within the host granodiorite, adjacent to the structure.

Assays returned from sampling of this lode (ASX announcement 28[th] October 2025) include:

• 3.3% Cu (MRRK0125)

• 3% Cu, 165g/t Ag, 0.19% Bi (MRRK0127)

• 1.7% Cu (MRRK0121)

• 1.6% Cu (MRRK0122)

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KILLI RESOURCES LIMITED | December 2025 Quarterly Report | ASX: KLI

• 1.3% Cu (MRRK0126)

• 1.3% Cu (MRRK0119)

• 1.3% Cu (MRRK0117)

• 1.1% Cu (MRRK0124)

Additional detailed infill geochemical sampling (to approximately 200 metres by 200 metres off-set spacing) was completed during the Quarter, including 68 soil samples and 13 rock chip samples. Assay results from this work are in the process of being received and interrogated. Results are expected to be available for announcement in February 2026.

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Figure 1: Mt Rawdon West Project – Area of activity, including prospects, key interpreted structure and geochemical areas of interest over a satellite image.

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KILLI RESOURCES LIMITED | December 2025 Quarterly Report | ASX: KLI

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Figure 2 : Wonbah and Allendale Lode Extension target areas within the Baloo multi-element soil geochemical anomaly, significant rock chip assay results, CET Porphyry Target and structural interpretation along the contact with the Wonbah Granodiorite and Tenningering Granodiorite.

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Figure 3 : Zoomed in view of the Allendale Lode Extension with significant historic and reported significant rock chip assay results.

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KILLI RESOURCES LIMITED | December 2025 Quarterly Report | ASX: KLI

King Louie

Exploration drilling at the Kaa prospect determined the width and intensity of alteration, mineralised veins and abundance of sulphides within the veins increasing towards the southern end of the 1.8 kilometre gold-copper trend (ASX announcement 4 December 2024).

Surface rock chip samples from the southern end of the Kaa trend have returned some of the highestgrade results from Mt Rawdon, including 238g/t Au, 2.1% Cu, and 513g/t Ag (ASX announcement 9 July 2024). This work highlighted the potential prospectivity of the King Louie area to the east and south of Kaa, previously untested by exploration.

The King Louie prospect manifests in the geophysical data as a circular magnetic feature from which linear structures/faults emanate (ASX announcement 25 June 2025 – Slide 15). Kaa’s working geological model assumes the high-grade mineralisation is a radial extension of mineralisation at King Louie.

Killi’s first phase of exploration at King Louie, which included reconnaissance mapping, soil, rock and stream sediment sampling, was completed in the September quarter.

King Louie displays a similar geochemical association to that observed at the Baloo prospect (ASX announcement 20 May 2024), with peak soil assay results including 640ppb Au and 2,499ppm Cu (MRSL0139) (ASX announcement 18[th] August 2025) and elevated responses returned for molybdenum and zinc.

During the December Quarter targeted geochemical programs reduced sample spacing in key areas of focus to approximately 200 metres by 200 metres offset-spacing (effectively 145 metre sample spacing). In total 159 soil samples and 29 rock chip samples were taken. Assays from this work are in the process of being received and interrogated, and results are expected to be available for announcement in February 2026.

– Field Validation of Targets and Anomalies Reprocessing 2023 Queensland Government LiDAR

Killi acquired 235km[2] of the 2023 Queensland Government LiDAR covering the northern half of the project, including the Baloo, Kaa and King Louie prospect areas. GeoCloud Analytics were engaged to process and provide interpretation from this LiDAR data.

In total, 203 sites of interpreted historical workings were identified within the area studied, including 186 prospecting pits, 11 adits and 6 vertical shafts (ASX announcement 28[th] October 2025). There are 16 known areas of historic activity within the LiDAR survey area currently captured in the Queensland Government ‘mineral resource sites’ database. The reprocessing of the LiDAR data has identified the extent of excavations at the known locations and provided substantial new areas for future field reconnaissance work.

Within the priority Baloo anomaly alone, 43 LiDAR-identified features have been validated comprising 4 shafts, 3 adits and 36 prospecting pits. This includes 24 features not previously identified. A total of 14 high priority areas are defined for on-ground investigation.

The process of validating these features is on-going. These targets are presented in Figure 4 and summarised in Appendix A of the ASX announcement dated 28 October 2025.

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KILLI RESOURCES LIMITED | December 2025 Quarterly Report | ASX: KLI

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Figure 4: GeoCloud Analytics LiDAR reprocessed image with significant observations, locations of historic workings and upcoming fieldwork programs, currently underway.

WEST TANAMI GOLD PROJECT (100% owned, W.A. – Option and Joint Venture with Gold Fields Limited)

The West Tanami Project (“West Tanami”) is located in the Kimberley region of Western Australia, covering 1,600km[2] of the Tanami Geological Belt, on strike from major gold deposits. The Tanami Geological Province is cut in half by the Western Australian and Northern Territory border, with 19 million gold ounces attributed on Northern Territory ground, and only 700,000 ounces in Western Australia.

Gold Fields Limited (“Gold Fields’”) (JSE: GFI) have the right to earn up to an 85% interest in the project by spending $13 million within seven years. The Joint Venture agreement between Killi and Gold Fields ensures West Tanami will be adequately and systematically explored in the coming years, leveraging the project to the financial market’s sentiment for gold (ASX announcement 15 May 2024).

Gold Fields’ exploration work commenced in November 2024 via an airborne gravity survey covering the 1,600km[2] project area (ASX announcement 27 November 2024). The 1,600km[2] gravity survey was conducted on 200 metres spaced, east-west lines, over the entire West Tanami area. The survey provides

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KILLI RESOURCES LIMITED | December 2025 Quarterly Report | ASX: KLI

a very detailed dataset, with early interpretations identifying several areas of interest, some supported by past exploration results.

This work defined the requirements for the next phase of exploration at West Tanami, including additional geophysical surveys and surface geochemical sampling. During the September Quarter, a TEMPEST airborne electromagnetic (AEM) survey was completed covering the entire project area, including 9,954 line-kms on a 200 metre east-west line-spacing. A regional soil sampling program covering the project was also competed, including 958 samples on a 1,200 by 1,200 metre spacing.

The results and interpretations for both the AEM and soil sampling are in the process of being received and assessed. This work will define additional targets for detailed infill surface geochemical sampling and potentially drilling in the 2026 field season.

CORPORATE

Killi Resources held cash reserves of $1.28 million as at 31 December 2025. Investments held by the Company includes 1,290,860 Black Canyon Limited shares (ASX:BCA), valued at about $0.39/share (31 December 2025).

In accordance with Listing Rule 5.3.1, details of the Company's group exploration activities for the Quarter, comprised exploration and evaluation costs associated with geological assessments and surface geochemistry at Mt Rawdon West Project. In addition, geological consulting, database and tenement management and administration overheads. The exploration expenditure for the Quarter was $167,000.

In accordance with ASX Listing Rule 5.3.2, the Company advise that no Mining, Development or Production activities were conducted during the Quarter.

Related Party Transactions

In accordance with ASX Listing Rules 4.7C.3 payments to related parties of the entity and their associates outlined in the Company’s Appendix 5B for the quarter relate to Directors fees of $42,000.

Performance Rights

A summary of the Performance Rights currently on issue is outlined below.

Table 1 : Summary of Performance Rights

Class	Milestone	Expiry	Number	Vested (Yes/No)
Class B Performance Rights	Each Class B Performance Right will vest and convert (at the election of the holder) into one Share upon the Company achieving a 20 Day VWAPexceeding $0.60.	10 Feb 2027	1,850,0001	No
Class C Performance Rights	Each Class C Performance Right will vest and convert (at the election of the holder) into one Share upon the Company achieving a 20 Day VWAPexceeding $0.70.	10 Feb 2027	510,0001	No
Class A1 and A2 Performance Rights	Continued employment	7 Feb 2026	53,4632	Yes
Class A	Continued employment with the Company until the Milestone Date and the Company achieving a volume weighted average price for 20 consecutive trading days exceeding $0.09 bytheMilestoneDate	31 May 2026	1,700,0003	No
**Total **			4,113,463
1Allotted prior to the Company’s ASX admission. 2Issued during the December 2022 Quarter 3Issued during theSeptember 2025 Quarter

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KILLI RESOURCES LIMITED | December 2025 Quarterly Report | ASX: KLI

ABOUT KILLI RESOURCES

Killi Resources Ltd (‘Killi” (ASX: KLI) is an Australia-based and focused explorer employing a methodical and disciplined approach to exploring for gold and copper in forgotten mineral provinces. Its 100% owned projects include the West Tanami Gold Project in Western Australia, and two gold-copper exploration projects in Queensland - the Mt Rawdon West Project near Bundaberg and the Ravenswood Project in the Charters Towers region (Figure 5) - both well-endowed mineral provinces that are significantly underexplored and amenable to new large-scale discoveries.

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Figure 5: Location of all Killi Resources Projects in Australia.

The Company also retains copper rights to the Balfour Project in the Pilbara of Western Australia (tenure held by Black Canyon (ASX: BCA)).

The Mt Rawdon West Project is Killi’s flagship exploration asset, comprising of tenement EPM27828 which covers 309km[2] of prospective gold and copper ground between Evolutions Mt Rawdon Gold Mine and SolGold’s Mt Perry Project, located inland 60 kilometres from Bundaberg in Queensland (Figure 1).

The project is an early-stage exploration play and hosts a large Cu-Au-Mo soil geochemical anomaly at the intersection of major structural breaks, extending from the Mt Perry and Mt Rawdon deposits. This geochemical anomaly is coincident with compelling geophysical features.

The Ravenswood North Project consists of five granted tenements totalling ~580km[2] , mostly covering the prospective Ravenswood-Charter Towers gold corridor, host to Ravenswood Gold Mine, Charter Towers, Golden Valley, Kitty O’Shea, Mt Success and Piccadilly (Figure 6). The Company believes this project has the potential for an Intrusive-Related Gold System.

In Western Australia, the Company owns 100% of the West Tanami Project, including 1,634km[2] of granted tenure over 100 kilometre strike of the major gold corridor. The existing gold endowment of the Tanami Gold Province is greater than 19M oz Au and includes the Callie, Tanami, Twin Bonanza, Coyote and Kookaburra mines (Figure 7).

Exploration at West Tanami is being undertaken by Gold Fields Limited (JSE: GFI), who have the right to earn up to an 85% interest in the project by spending $13 million within seven years. The Joint Venture agreement between Killi and Gold Fields ensures the project will be adequately and systematically explored in the coming years, leveraging it to the financial market’s sentiment for gold.

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KILLI RESOURCES LIMITED | December 2025 Quarterly Report | ASX: KLI

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Figure 6. Location of Ravenswood North Gold and Copper Project in relation to existing Gold Mines in the Charter Towers Province, Queensland.

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Figure 7 Location of West Tanami Gold and REE Project in relation to existing Gold and REE Mines in the Tanami

Province.

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KILLI RESOURCES LIMITED | December 2025 Quarterly Report | ASX: KLI

This Announcement has been authorised by the Killi Resources Ltd. Board of Directors.

For enquiries contact:

Mr. Brett Smith

Chief Executive Officer admin@killi.com.au

Competent Person’s Statement

The information in this report that relates to Exploration Results is based on information compiled by Mr Brett Smith. Mr Smith is a Member of The Australasian Institute of Mining and Metallurgy and the Australian Institute of Geoscientists. Mr Smith has sufficient experience that is relevant to the style of mineralisation and type of deposit under consideration and to the activity which they are undertaking to qualify as a Competent Person as defined in the 2012 Edition of the Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves. Mr Smith is a consultant to Killi Resources Limited and consents to the inclusion in this report of the matters based on this information in the form and context in which it appears.

Compliance Statement

The information in this report that relates to Exploration Results are extracted from the ASX Announcements listed below which are available on the Company’s website www.killi.com.au and the ASX website (ASX code: KLI):

Table 2 : KLI ASX Announcements referenced in this report

Date	Announcement title
7 September 2023	Mt Rawdon – High-grade Cu-Au at surface, at Baloo Prospect
30 October 2023	Mt Rawdon – Large-scale Cu-Au porphyry targets defined
20 May 2024	Mt Rawdon – Exploration recommences
9 July 2024	Mt Rawdon – Confirmed high-grade Au-Cu at Kaa
21 October 2024	Mt Rawdon – Drilling confirms large-scale Au-Cu system
21 November 2024	Mt Rawdon – Significant IP target identified at Baloo
27 November 2024	Gold Fields earn-in commences – West Tanami
4 December 2024	Mt Rawdon – Drill results indicate large epithermal at Kaa
25 June 2025	Corporate – Company Presentation
18 August 2025	Mt Rawdon – New Areas of Mineralisation Identified
28 October 2025	Mt Rawdon Project Update

The Company confirms that it is not aware of any new information or data that materially affects the information included in the original market announcements and that all material assumptions and technical parameters underpinning the estimates in the market announcements continue to apply and have not materially changed. The Company confirm that form and context in which the Competent Person’s finding are presented have not been materially modified from the original market announcements.

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KILLI RESOURCES LIMITED | December 2025 Quarterly Report | ASX: KLI

Forward Looking Statements

This ASX announcement contains certain statements that may constitute “forward looking statement”. Such statements are only predictions and are subject to inherent risks and uncertainties, which could cause actual values, results, performance achievements to differ materially from those expressed, implied or projected in any forward looking statements.

Forward looking statements are statements that are not historical facts. Words such as “expect(s)”, “feel(s)”, “believe(s)”, “will”, “may”, “anticipate(s)” and similar expressions are intended to identify forward-looking statements. These statements include, but are not limited to statements regarding future production, resources or reserves and exploration results. All such statements are subject to certain risks and uncertainties, many of which are difficult to predict and generally beyond the control of the Company, that could cause actual results to differ materially from those expressed in, or implied or projected by, the forward-looking information and statements.

These risks and uncertainties include, but are not limited to: (i) those relating to the interpretation of drill results, the geology, grade and continuity of mineral deposits and conclusions of economic evaluations, (ii) risks relating to possible variations in reserves, grade, planned mining dilution and ore loss, or recovery rates and changes in project parameters as plans continue to be refined, (iii) the potential for delays in exploration or development activities or the completion of feasibility studies, (iv) risks related to commodity price and foreign exchange rate fluctuations, (v) risks related to failure to obtain adequate financing on a timely basis and on acceptable terms or delays in obtaining governmental approvals or in the completion of development or construction activities, and (vi) other risks and uncertainties related to the Company’s prospects, properties and business strategy. Our audience is cautioned not to place undue reliance on these forward-looking statements that speak only as of the date hereof, and we do not undertake any obligation to revise and disseminate forward-looking statements to reflect events or circumstances after the date hereof, or to reflect the occurrence of or non-occurrence of any events.

The Company believes that it has a reasonable basis for making the forward-looking Statements in the announcement based on the information contained in this and previous ASX announcements.

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KILLI RESOURCES LIMITED | December 2025 Quarterly Report | ASX: KLI

TENEMENT SCHEDULE

Table 3. Killi Resources Tenement Holding

As at 31 December 2025

As required by listing rule 5.3.3 Iron Bull Bangemall Pty Ltd (a wholly owned subsidiary company of Killi Resources Limited) Access Australia Mining Pty Ltd (a wholly owned subsidiary company of Killi Resources Limited)

			Killi
	Tenement		Ownership	Change in
Project		Holder
	Number		(at end of	Ownership
			quarter)
West Tanami – Gold Fields Joint Venture (Western Australia)	E80/5100	Iron Bull Bangemall PtyLtd	100%	Nil
	E80/5101	Iron Bull Bangemall Pty Ltd	100%	Nil
	E80/5102	Iron Bull Bangemall Pty Ltd	100%	Nil
	E80/5103	Iron Bull Bangemall Pty Ltd	100%	Nil
Ravenswood Nth (Queensland)	EPM26889	Access Australia Mining Pty Ltd	100%	Nil
	EPM26890	Access Australia Mining Pty Ltd	100%	Nil
	EPM26892	Access Australia Mining Pty Ltd	100%	Nil
	EPM26908	Access Australia Mining Pty Ltd	100%	Nil
	EPM26909	Access Australia Mining Pty Ltd	100%	Nil
	EPM28413	Access Australia Mining Pty Ltd	100%	Nil
Mt Rawdon West (Queensland)	EPM27828	Access Australia Mining Pty Ltd	100%	Nil

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KILLI RESOURCES LIMITED | December 2025 Quarterly Report | ASX: KLI

Rule 5.5

Appendix 5B

Mining exploration entity or oil and gas exploration entity quarterly cash flow report

Name of entity Killi Resources Limited ABN Quarter ended (“current quarter”) 74 647 332 790 31 December 2025

Consolidated statement of cash flows	Current quarter $A’000	Year to date (6 months) $A’000
1. Cash flows from operating activities 1.1 Receipts from customers 1.2 Payments for (a) exploration & evaluation (b) development (c) production (d) staff costs (e) administration and corporate costs 1.3 Dividends received 1.4 Interest received 1.5 Interest and other costs of finance paid 1.6 Income taxes paid 1.7 Government grants and tax incentives 1.8 Other 1.9 Net cash from / (used in) operating activities	- (167) - - (121) (142) - 1 - - - -	- (275) - - (269) (249) - 2 - - - -
	(429)	(791)
2. Cash flows from investing activities 2.1 Payments to acquire or for: (a) entities (b) tenements (c) property, plant and equipment (d) exploration & evaluation (e) investments (f) other non-current assets	- - - - - -	- - (3) - - -

ASX Listing Rules Appendix 5B (17/07/20) + See chapter 19 of the ASX Listing Rules for defined terms.

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Appendix 5B

Mining exploration entity or oil and gas exploration entity quarterly cash flow report

Consolidated statement of cash flows	Current quarter $A’000	Year to date (6 months) $A’000
2.2 Proceeds from the disposal of: (a) entities (b) tenements (c) property, plant and equipment (d) investments (Net of costs) (e) other non-current assets 2.3 Cash flows from loans to other entities 2.4 Dividends received 2.5 Other (provide details if material) 2.6 Net cash from / (used in) investing activities	- - - - - - - -	- - - 569 - - - -
	-	566
3. Cash flows from financing activities 3.1 Proceeds from issues of equity securities (excluding convertible debt securities) 3.2 Proceeds from issue of convertible debt securities 3.3 Proceeds from exercise of options 3.4 Transaction costs related to issues of equity securities or convertible debt securities 3.5 Proceeds from borrowings 3.6 Repayment of borrowings 3.7 Transaction costs related to loans and borrowings 3.8 Dividends paid 3.9 Other (provide details if material) 3.10 Net cash from / (used in) financing activities	- - - - - - - - -	- - - - - - - - -
	-	-
4. Net increase / (decrease) in cash and cash equivalents for the period
4.1 Cash and cash equivalents at beginning of period 4.2 Net cash from / (used in) operating activities (item 1.9 above) 4.3 Net cash from / (used in) investing activities (item 2.6 above) 4.4 Net cash from / (used in) financing activities (item 3.10 above)	1,714 (429) - -	1,510 (791) 566 -

ASX Listing Rules Appendix 5B (17/07/20) + See chapter 19 of the ASX Listing Rules for defined terms.

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Appendix 5B

Mining exploration entity or oil and gas exploration entity quarterly cash flow report

Consolidated statement of cash flows	Consolidated statement of cash flows	Current quarter $A’000	Year to date (6 months) $A’000
4.5 Effect of movement in exchange rates on cash held 4.6 Cash and cash equivalents at end of period		-	-
		1,285	1,285
5. Reconciliation of cash and cash equivalents at the end of the quarter (as shown in the consolidated statement of cash flows) to the related items in the accounts		Current quarter $A’000	Previous quarter $A’000
5.1 Bank balances 5.2 Call deposits 5.3 Bank overdrafts 5.4 Other (provide details) 5.5 Cash and cash equivalents at end of quarter (should equal item 4.6 above)		1,285 - - -	1,714 - - -
		1,285	1,714
6. Payments to related parties of the entity and their associates			Current quarter $A'000
6.1 Aggregate amount of payments to related parties and their associates included in item 1 42 6.2 Aggregate amount of payments to related parties and their associates included in item 2 - Note: if any amounts are shown in items 6.1 or 6.2, your quarterly activity report must include a description of, and an explanation for, such payments.			42
			-
7. 7.1 7.2 7.3 7.4 7.5 7.6	Financing facilities Note: the term “facility’ includes all forms of financing arrangements available to the entity. Add notes as necessary for an understanding of the sources of finance available to the entity. Total facility amount at quarter end $A’000 Amount drawn at quarter end $A’000 Loan facilities - - Credit standby arrangements - - Other (please specify) - - Total financing facilities - - Unused financing facilities available at quarter end - Include in the box below a description of each facility above, including the lender, interest rate, maturity date and whether it is secured or unsecured. If any additional financing facilities have been entered into or are proposed to be entered into after quarter end, include a note providing details of those facilities as well.	Total facility amount at quarter end $A’000	Amount drawn at quarter end $A’000
		-	-
		-	-
		-	-
		-	-
	N/A

ASX Listing Rules Appendix 5B (17/07/20) + See chapter 19 of the ASX Listing Rules for defined terms.

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Appendix 5B

Mining exploration entity or oil and gas exploration entity quarterly cash flow report

8.	Estimated cash available for future operating activities	$A’000
8.1 8.2 8.3 8.4 8.5 8.6 8.7 8.8	Net cash from / (used in) operating activities (item 1.9) (429) (Payments for exploration & evaluation classified as investing activities) (item 2.1(d)) - Total relevant outgoings (item 8.1 + item 8.2) (429) Cash and cash equivalents at quarter end (item 4.6) 1,285 Unused finance facilities available at quarter end (item 7.5) - Total available funding (item 8.4 + item 8.5) 1,285 Estimated quarters of funding available (item 8.6 divided by item 8.3) 3.00 Note: if the entity has reported positive relevant outgoings (ie a net cash inflow) in item 8.3, answer item 8.7 as “N/A”. Otherwise, a figure for the estimated quarters of funding available must be included in item 8.7. If item 8.7 is less than 2 quarters, please provide answers to the following questions: 8.8.1 Does the entity expect that it will continue to have the current level of net operating cash flows for the time being and, if not, why not?	(429) - (429) 1,285 -
		1,285
		3.00
	N/A
	8.8.2 Has the entity taken any steps, or does it propose to take any steps, to raise further cash to fund its operations and, if so, what are those steps and how likely does it believe that they will be successful?
	N/A
	8.8.3 Does the entity expect to be able to continue its operations and to meet its business objectives and, if so, on what basis?
	N/A
	Note: where item 8.7 is less than 2 quarters, all of questions 8.8.1, 8.8.2 and 8.8.3 above must be answered.

Compliance statement

• 1 This statement has been prepared in accordance with accounting standards and policies which comply with Listing Rule 19.11A.

• 2 This statement gives a true and fair view of the matters disclosed.

Date: 30 January 2026

Authorised by: The Board of Killi Resources Limited.........................

(Name of body or officer authorising release – see note 4)

Notes

1. This quarterly cash flow report and the accompanying activity report provide a basis for informing the market about the entity’s activities for the past quarter, how they have been financed and the effect this has had on its cash position. An entity that wishes to disclose additional information over and above the minimum required under the Listing Rules is encouraged to do so.

2. If this quarterly cash flow report has been prepared in accordance with Australian Accounting Standards, the definitions in, and provisions of, AASB 6: Exploration for and Evaluation of Mineral Resources and AASB 107: Statement of Cash Flows apply to this report. If this quarterly cash flow report has been prepared in accordance with other accounting standards agreed by ASX pursuant to Listing Rule 19.11A, the corresponding equivalent standards apply to this report.

ASX Listing Rules Appendix 5B (17/07/20) + See chapter 19 of the ASX Listing Rules for defined terms.

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Appendix 5B

Mining exploration entity or oil and gas exploration entity quarterly cash flow report

1. Dividends received may be classified either as cash flows from operating activities or cash flows from investing activities, depending on the accounting policy of the entity.

2. If this report has been authorised for release to the market by your board of directors, you can insert here: “By the board”. If it has been authorised for release to the market by a committee of your board of directors, you can insert here: “By the [ name of board committee – eg Audit and Risk Committee ]”. If it has been authorised for release to the market by a disclosure committee, you can insert here: “By the Disclosure Committee”.

3. If this report has been authorised for release to the market by your board of directors and you wish to hold yourself out as complying with recommendation 4.2 of the ASX Corporate Governance Council’s Corporate Governance Principles and Recommendations , the board should have received a declaration from its CEO and CFO that, in their opinion, the financial records of the entity have been properly maintained, that this report complies with the appropriate accounting standards and gives a true and fair view of the cash flows of the entity, and that their opinion has been formed on the basis of a sound system of risk management and internal control which is operating effectively.

ASX Listing Rules Appendix 5B (17/07/20) + See chapter 19 of the ASX Listing Rules for defined terms.

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