KILLI RESOURCES LIMITED — Investor Presentation 2023

May 9, 2023

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Australian based Au Cu REE explorer

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‘Exploring major Australian mineral belts with a critical mineral focus’
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KILLI RESOURCES LIMITED
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ASX:KLI
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ASX : KLI |www.killi.com.au

Disclaimer

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The Company has prepared the Presentation based on information available to it at the time of preparation. No representation or warranty, express or implied, is made as to the currency, accuracy, reliability, completeness or fairness of the information, opinions and conclusions contained in this Presentation. Neither Killi, its related bodies corporate, shareholders or affiliates, nor any of their respective officers, directors, employees, affiliates, agents or advisers (guarantee or make any representations or warranties, express or implied, as to or take responsibility for, the currency, accuracy, reliability, completeness or fairness of the information, opinions and conclusions contained in this Presentation. Killi does not represent or warrant that this Presentation is complete or that it contains all material information about Killi or which a prospective investor or purchaser may require in evaluating a possible investment in Killi or acquisition of shares. To the maximum extent permitted by law, Killi and its agents expressly disclaim any and all liability, including, without limitation, any liability arising out of fault or negligence, for any loss arising from the use of information contained in this Presentation, or otherwise arising in connection with it.

The information contained in this Presentation is for information purposes only, does not constitute investment or financial product advice (nor taxation, accounting or legal advice) and is not intended to be used as the basis for making an investment decision. In providing this Presentation, Killi has not considered the objectives, financial position or needs of any particular recipients. Before making an investment, investors should consider the appropriateness of the information in this Presentation having regard to their own objectives, financial situation and needs, and seek legal, taxation and financial advice appropriate to their jurisdiction and circumstances.

Any forward looking statements in this Presentation, including projections, forecasts and estimates, are provided as a general guide only and should not be relied on as an indication or guarantee of future performance and involve known and unknown risks, uncertainties, assumptions, contingencies and other important factors, many of which are outside the control of Killi and which are subject to change without notice and could cause the actual results, performance or achievements of Killi to be materially different from the future results, performance or achievements expressed or implied by such statements. Past performance is not necessarily a guide to future performance and recipients of this Presentation are cautioned not to place undue reliance on such forward looking statements.

Compliance Statement

The information in this Presentation that relates to prior Exploration Results for the West Tanami Project and the Ravenswood North Project is extracted from the following ASX Announcements lodged with ASX on 4th October 2022, 25th October 2022, 15[th ] November 2022, 1[st ] December 2022, 1[st ] February 2023, 7[th ] March 2023, and 21[st ] March 2023 which are available on the Company’s website www.killi.com.au and the ASX website (ASX code: KLI). 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.

Competent Person’s Statement

The information in this report that relates to Exploration Results is based on information compiled by Ms Kathryn Cutler. Ms Cutler is a Member of The Australasian Institute of Mining and Metallurgy. Ms Cutler 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. Ms Cutler consents to the inclusion in this report of the matters based on this information in the form and context in which it appears.

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Cor orate Structure p

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Richard Bevan

Non-Executive Chair

• Extensive senior management experience having been the MD/CEO of several listed and unlisted companies,

• Founding Managing Director of Cassini Resources Ltd.

• Richard is currently the Non-Executive Chairman of Narryer Metals Ltd (ASX: NYM) and Non-Executive Chairman of TG Metals (ASX:TG6).

Greg Miles

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Non-Executive Director

• Graduated as a geologist from the Australian National University

• Over 25 years of experience in numerous commodities and mineral provinces across a broad portfolio of early-stage exploration to development projects.

• Currently the CEO of Caspin Resources Limited (ASX: CPN) and former Executive Director of Cassini Resources Ltd.

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Kathryn Cutler

Chief Executive Officer

• Geologist, graduated from the Western Australian School of Mines with +16 years’ experience in the resource industry of Australia.

• Held the position of Exploration Manager for junior ASX-listed gold companies, in Australia.

• Member of the Australasian Institute in Mining and Metallurgy (AusIMM).

Phillip Warren

Non-Executive Director

• +15 Years of corporate advisory experience specialising in financing, seed capital, debt restructuring and corporate governance.

• • Current Non-executive Director of Anax Metals Ltd (ASX:ANX), Rent.com.au (ASX:RNT), Narryer Metals Ltd (ASX:NYM) and Family Zone Cyber Safety (ASX:FZO)

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ASX : KLI |www.killi.com.au

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CAPITAL STRUCTURE
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Current Shares on Issue
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52,000,000
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Market Cap
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~$4M
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Cash
2023
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$1.37M
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43.9%
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Top 20 Shareholders
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Board/Advisor Options (@
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6,500,000
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Board/Management
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5,299,752
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Total Options and Performance
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11,799,752
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West Tanami Project, August 2022
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Project Portfolio

WEST TANAMI PROJECT (Kimberley, 100% owned) Gold, REE & Copper BALFOUR PROJECT (Pilbara, Copper Rights) Co er pp

NT QLD

WA SA NSW VIC TAS

20kg Cu metal (10.8%)

Lithium-ion Battery

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Copper Graphite Aluminium Nickel Steel Manganese Cobalt Lithium Iron

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ASX : KLI |www.killi.com.au

RAVENSWOOD NORTH (Charters Towers, 100% owned) Gold & Co er pp MT RAWDON WEST (Mt Perry, 100% owned) Gold & Co er pp

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RAVENSWOOD NORTH PROJECT
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Au & Cu

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QLD

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RPrav ns Pwooodrtfoli Noorth oject

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Belt-scale position

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~660km[2 ] RavenswoodCharters Towers Gold District

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Gold endowment of >28Moz Au

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Potential for a largescale Intrusive Related Gold (IRG) System

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Renewed area of exploration

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Focus on the main mineralised corridor

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ASX : KLI |www.killi.com.au

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IRG S stems y

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ASX : KLI |www.killi.com.au

STYLES OF IRG GOLD SYSTEMS IN NORTHERN QUEENSLAND

Adjacent Gold Deposits

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Ravenswood – 8Moz Gold Deposit

• Gold in quartz veins within granodiorite

• Intrusive complex 3.8km[2]

• Large-low grade gold deposit

• Gold surface footprint – 600m x 900m

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Mt Wright – 1.5Moz Rhyolite Breccia Pipe

• Intrusive complex 450m x 350m

• Gold mineralised Rhyolite breccia

• Narrow intrusive

• Gold surface footprint – 200m x 60m

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Rock – IRG tar et y g

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Gold Mineralisation at surface - 1.5km[2] Au-Ag-CuMo soil anomaly)

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3km[2] alteration system identified from geophysics

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Breccia mapped at surface

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First 5 drillholes ever at Rocky return gold results:

1m @ 3.22 g/t Au, 2.10 g/t Ag &

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ASX : KLI |www.killi.com.au

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A A [1]
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1m @ 4.12 g/t Au, 1.30 g/t Ag

7m @ 0.77 g/t Au, 3.09 g/t Ag

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Two intrusives identified (Target 1 & 2)

Targeted drill program currently underway

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West Branch – Cu-Au Porphyry target

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High-grade CuAu-Ag surface results Preliminary magnetics interpretation identifies potential intrusive feature Processing underway to provide drill targets To be drill tested in 2023

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ASX : KLI |www.killi.com.au

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MT RAWDON WEST PROJECT
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Au & Cu QLD

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Mt Rawdon West

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100km inland of Bundaberg

Intersection of two major mineralised corridors – combined 35km of strike

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Copper discovered in 1862 at Mt Perry. Wonbah Hill - previously worked for copper. Historical workings extend 50m into the hillside of

Wonbah Hill/Knob. Historical Molybdenum mine and Mt Perry Copper Smelter on tenement.

Rock chip samples returned 2.1% Cu, and 1.4% Cu outcrop and existing Cu-Mo-Au soil anomaly

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Extension of mineralisation into Killi tenement, where intercepts on the boundary returned:

• 56m @ 1.0g/t Au fr surface

• 26m @ 1.41g/t Au fr surface

Not one drillhole on the tenement – discovery opportunity

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ASX : KLI |www.killi.com.au

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Mt Perry
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Ex loration Pi eline p p

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Ravenswood North Rocky

RC Drill Program RC Drill Results West Branch Geophysics processing Drill program design Drill Program

Mt Rawdon West Geochem Program (Soils and Rock Chips)

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West Tanami

Geochem Program (Soils and Rock Chips)

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April

May

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ASX : KLI |www.killi.com.au

June

July

August

Results

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Results

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Investment Summar y

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ASX : KLI |www.killi.com.au

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Results to be released in coming months
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Drilling at Rocky target now
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scale projects
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Exposure to multiple commodity markets
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Experienced Team with a discovery and delivery track record
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poised for discovery
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–
Market Cap
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