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PATRONUS RESOURCES LIMITED Interim / Quarterly Report 2020

Jan 12, 2021

65620_rns_2021-01-12_34cc2fa6-cf97-49bf-b8c9-5412d0408398.pdf

Interim / Quarterly Report

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ASX: KIN
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ASX Announcement 13 January 2021

DECEMBER 2020 QUARTERLY ACTIVITIES REPORT

Interim Mineral Resource update for Cardinia Gold Project delivers 22% increase in contained ounces to 1.15Moz, with further Resource updates expected in Q1 CY2021 following strong drilling results during the quarter

Highlights:

– Cardinia Gold Project Updated Mineral Resource Estimate

  • Interim Mineral Resource Estimate (MRE) for the Cardinia Gold Project (CGP) of 28.2Mt @ 1.27g/t Au for 1.15Moz of contained gold , representing a 22% increase in contained ounces over the previous MRE.

  • Maiden Inferred MRE for the Cardinia Hill deposit of 61koz, with significant scope for further growth.

  • Updated MRE based on a 2020 gold price of A$2,600/oz, optimisation shell using guidance from the 2019 Pre-Feasibility Study with increased mining cost assumptions, and a lower cut-off grade of 0.4g/t Au.

– Cardinia Gold Project Exploration Program

  • Phase 3 drilling continued throughout the December Quarter to underpin the delivery of a maiden Mineral Resource estimate for Cardinia Hill, as well as provide a first-pass assessment of several new prospects.

  • Assay results from the final Reverse Circulation (RC) and diamond drill-holes at Cardinia Hill have confirmed the Company’s understanding of the geology and sulphide zones, with assays including:

  • 6m at 5.98g/t Au from 25m and 21m at 6.62g/t Au from 37m including 14m at 9.04g/t Au from 38m (CH20RC087)

  • 17m at 2.05g/t Au from 23m (CH20RC068)

  • 6m at 2.53g/t Au from 14m (CH20RC077)

    • 11m at 1.94g/t Au from 97m (CH20RC088)

    • 5.4m at 6.18g/t Au from 186.4m (CH20DD054)

    • 5.3m at 3.31g/t Au from 96.0m (CH20DD053)

    • 31.9m at 1.20g/t Au from 83.3m including 8.3m at 2.65g/t Au from 107.4m (CH20DD055)

  • 15m at 1.30g/t Au from 61m (CH20RC074)

  • Significant assay results from final RC drill-holes at the Hobby discovery , with assays including:

  • 5m at 27.7g/t Au from 109m (HB20RC025)

  • 2m at 8.00g/t Au from 30m (HB20RC039)

  • 2m at 6.93g/t Au from 62m (HB20RC031)

  • 5m at 2.80g/t Au from 37m and 6m at 2.71g/t Au from 71m (HB20RC024)

  • 11m at 1.61g/t Au from 14m (HB20RC027)

  • East Lynne mineralisation defined over 3.2km in several semi-continuous positions, with air-core drilling also delineating a new zone of mineralisation in the Northern Zone at East Lynne – now named Collymore – extending over a strike extent of 2.0km.

  • Assay results from initial Reverse Circulation (RC) drilling at East Lynne and Collymore show potential for high-grade mineralisation, encountering narrow zones grading up to 6.1g/t Au.

ASX Code: KIN Shares on issue: 700.4 million Market capitalisation: $98 million Cash: $2.267 million (31 December 2020)

Kin Mining NL 342 Scarborough Beach Road Osborne Park WA 6017 P : +61 9 9242 2227 E [email protected] kinmining.com.au

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ASX: KIN
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OVERVIEW

The December Quarter was another positive and busy period for Kin Mining NL ( Kin or the Company ) (ASX: KIN ), with Phase 3 drilling continuing at the Company’s flagship 100%-owned Cardinia Gold Project (CGP or the Project) in Western Australia throughout the reporting period, culminating in the completion of an interim update to the Mineral Resource Estimate (MRE) for the CGP.

A large number of assay results remained outstanding at the end of the Quarter and are expected to be received in the early part of 2021.

The interim update to the CGP Mineral Resource, which totalled 28.2Mt @ 1.27g/t Au for 1.15Moz of contained gold, was based on a re-optimisation of all existing mineralisation models (with the exception of Hobby) using CY2020 gold price and operating cost assumptions, as well as a maiden 61koz MRE for the recently-discovered Cardinia Hill deposit. The update delivered a 22 per cent increase in contained ounces over the previous Resource Estimate announced in February 2020.

Importantly, the Company sees numerous near-term opportunities to further expand the CGP Resource base, with outstanding potential to extend several key deposits at depth, as well as a string of recent high-grade drilling results (including at Hobby and Bruno Lewis Deeps) that are yet to be included in the updated Mineral Resource model.

Kin anticipates further updates to the CGP Mineral Resource estimate during the March 2021 Quarter.

On the exploration front, drilling at both the Cardinia Hill and Hobby deposits has delivered outstanding thick, high-grade results, with assays of up to 21m at 6.62g/t Au at Cardinia Hill and 5m at 27.7g/t Au at Hobby.

Drilling during the Quarter, has also greatly enhanced the Company’s understanding of the structure of mineralisation at East Lynne, with exploration programs in 2021 to focus on the potential for a series of smaller, adjacent, high-grade deposits rather than a single large deposit.

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ASX Code: KIN Shares on issue: 700.4 million Market capitalisation: $98 million Cash: $2.267 million (31 December 2020)

Kin Mining NL 342 Scarborough Beach Road Osborne Park WA 6017 P : +61 9 9242 2227 E [email protected] kinmining.com.au

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Figure 1. Regional location of the Cardinia Gold Project including major mineral deposits in the region.

EXPLORATION AND DEVELOPMENT STRATEGY

Following the completion of the CGP Pre-Feasibility Study in August 2019, Kin began to evaluate exploration opportunities across its tenement package, in conjunction with other consolidation, growth and strategic options within the region.

Kin has a dominant 436km[2] land-holding across the under-explored Minerie Greenstone Belt, part of a region which has yielded multiple gold deposits in recent decades. The CGP area encompasses a +45km strike of the entire Minerie Formation sequence which contains large alteration systems related to gold mineralisation.

A program of target generation undertaken since the middle of 2019 has identified a number of new target areas, including rock chip sampling around areas of historical workings which returned grades as high as 277g/t and 895g/t gold (refer to ASX announcement dated 4th November 2019).

No substantive development activities occurred during the quarter.

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Interim Mineral Resource Update

During the Quarter, the Company announced an update to the Mineral Resource Estimate (MRE) for the CGP, delivering a 22% increase in contained ounces over the previous MRE announced on 17 February 2020.

The interim MRE included the re-optimisation of all existing mineralisation models (with the exception of Hobby) using CY2020 gold price and operating cost assumptions, as well as a maiden MRE for the recentlydiscovered Cardinia Hill deposit.

The December 2020 MRE is detailed in Table 1, with all Mineral Resources reported within optimised shells using stringent criteria for costs, recoveries and geotechnical parameters as established in the 2019 PreFeasibility Study (PFS) for the CGP, updated where appropriate and the application of a CY2020 gold price of A$2,600/oz.

Cardinia Gold Project: Mineral Resources: December 2020 Cardinia Gold Project: Mineral Resources: December 2020 Cardinia Gold Project: Mineral Resources: December 2020 Cardinia Gold Project: Mineral Resources: December 2020 Cardinia Gold Project: Mineral Resources: December 2020 Cardinia Gold Project: Mineral Resources: December 2020 Cardinia Gold Project: Mineral Resources: December 2020 Cardinia Gold Project: Mineral Resources: December 2020 Cardinia Gold Project: Mineral Resources: December 2020 Cardinia Gold Project: Mineral Resources: December 2020 Cardinia Gold Project: Mineral Resources: December 2020 Cardinia Gold Project: Mineral Resources: December 2020 Cardinia Gold Project: Mineral Resources: December 2020
Project Area Resource Gold
Price (AUD)

Lower
Cut off
(g/t Au)
Measured Resources Indicated Resources Inferred Resources Total Resources Date
Announced
Tonnes
(Mt)
Au
(g/t Au)
Au
(k Oz)
Tonnes
(Mt)
Au
(g/t Au)
Au
(k Oz)
Tonnes
(Mt)
Au
(g/t Au)
Au
(k Oz)
Tonnes
(Mt)
Au
(g/t Au)
Au
(k Oz)
Mertondale
Mertons Reward $2,600 0.4 0.9 2.17 66 1.9 0.65 41 2.9 1.15 106 26-Nov-20
Mertondale 3-4 $2,600 0.4 1.4 1.85 81 1.0 0.97 31 2.3 1.48 111 26-Nov-20
Tonto $2,600 0.4 1.8 1.14 67 1.1 1.24 43 2.9 1.18 111 26-Nov-20
Mertondale 5 $2,600 0.4 0.5 1.67 26 0.8 1.24 32 1.3 1.40 59 26-Nov-20
Eclipse $2,600 0.4 0.6 1.01 19 0.6 1.01 19 26-Nov-20
Quicksilver $2,600 0.4 1.1 1.10 39 1.1 1.10 39 26-Nov-20
Subtotal Mertondale 4.6 1.61 240 6.5 0.98 205 11.1 1.24 445
Cardinia
Bruno $2,600 0.4 1.2 0.89 35 2.6 1.17 96 3.8 1.08 132 26-Nov-20
Lewis $2,600 0.4 0.4 0.98 13 4.8 0.85 131 1.5 1.00 48 6.3 0.89 179 26-Nov-20
Kyte $2,600 0.4 0.3 1.53 17 0.1 0.92 3 0.4 1.38 20 26-Nov-20
Helens $2,600 0.4 0.7 2.14 50 0.3 1.94 19 1.0 2.08 69 26-Nov-20
Fiona $2,600 0.4 0.6 1.35 25 0.2 1.21 8 0.8 1.32 32 26-Nov-20
Rangoon $2,600 0.4 0.5 1.24 21 0.3 1.07 12 0.9 1.17 32 26-Nov-20
**Hobby *** $2,000 0.5 0.1 2.10 8 0.1 2.10 8 14-Feb-20
Cardinia Hill** $2,600 0.4 1.2 1.66 61 1.2 1.66 61 18-Dec-20
Subtotal Cardinia 0.4 0.98 13 8.2 1.06 279 6.3 1.26 255 14.5 1.15 534
Raeside
Michaelangelo $2,600 0.4 1.1 2.00 73 0.4 2.19 25 1.5 2.04 98 26-Nov-20
Leonardo $2,600 0.4 0.4 2.39 30 0.2 2.20 14 0.6 2.32 44 26-Nov-20
Forgotten Four $2,600 0.4 0.1 2.09 7 0.1 1.96 6 0.2 2.03 14 26-Nov-20
Krang $2,600 0.4 0.3 1.74 17 0.0 2.59 2 0.3 1.80 19 26-Nov-20
Subtotal Raeside 2.0 2.04 128 0.7 2.17 47 2.6 2.07 175
TOTAL 0.4 0.98 13 14.8 1.36 647 13.4 1.17 507 28.2 1.27 1154

Table 1: Mineral Resource Estimate Table December 2020. Mineral Resources estimated by Jamie Logan, and reported in accordance with JORC 2012 using a 0.4g/t Au cut-off within AUD2,600 optimisation shells. Note: Hobby was not reoptimised as part of this MRE and is still reported at the lower gold price and higher cut-off grade. Note: *Cardinia Hill Mineral Resource Estimate completed by Cube Consulting.

Full details of the MRE are available from the Company’s ASX Announcement dated 22 December 2020.

The updated MRE includes a maiden 61,000-ounce Mineral Resource Estimate for the recently-discovered Cardinia Hill deposit, which offers outstanding potential for further growth.

In addition, the Company has a strong pipeline of deposits that are yet to be fully assessed and have not been included in the December 2020 Mineral Resource Estimate, including recent drilling at the Hobby and Bruno Lewis Deeps prospects.

Kin anticipates delivering further CGP MRE updates in the March 2021 quarter which will include these targets.

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2020 Phase 3 Drilling Program

The Phase 3 drilling program commenced at the CGP on 29 June 2020.

The drilling program comprised 60,000m of Reverse Circulation (RC), diamond drilling (DD) and air-core (AC) drilling, designed to deliver a maiden Mineral Resource estimate for the high-priority Cardinia Hill target, as well as to provide an initial assessment of several compelling regional targets.

During the December 2020 Quarter, a total of 26,786m of drilling was completed at Cardinia Hill, Hobby, East Lynne, Collymore, Bruno Lewis Deeps, Pelsart and Iron King. This follows 33,701m of drilling in the September 2020 quarter.

Assays from 29,159m of drilling has been reported during the quarter (including assays from 16,426m of drilling in the previous quarter) with assay results for the remaining 14,053m of 2020 drilling still to be released from the laboratories. Drilling results reported in the December 2020 quarter are summarised below.

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Prospect AC (m) RC(m) Diamond (m)
Cardinia Hill - 5,808 3,052
Hobby - 2,281 282
East Lynne 13,952 1,140 219
Collymore 2,203 222 -
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Table 2: Drill metres reported to 31 December 2020 for the Phase 3 Cardinia Regional Drilling Program

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Figure 2: Location of the target areas for the Cardinia Regional drilling program

Cardinia Hill

Results received from Diamond and Reverse Circulation drilling at the Cardinia Hill discovery during the December Quarter have improved the Company’s understanding of the geology and sulphide zones, delivering high-grade assay results including:

  • 6m at 5.98g/t Au from 25m and 21m at 6.62g/t Au from 37m including 14m at 9.04g/t Au from 38m (CH20RC087)

  • 5.4m at 6.18 g/t Au from 186.4m (CH20DD054)

  • 17m at 2.05 g/t Au from 23m (CH20RC068)

  • 6m at 2.53 g/t Au from 14m (CH20RC077)

  • 15m at 1.30g/t Au from 61m (CH20RC074)

  • 11m at 1.94g/t Au from 97m (CH20RC088)

  • 5.3m at 3.31 g/t Au from 96.0m (CH20DD053)

  • 31.9m at 1.20 g/t Au from 83.3m including 8.3m at 2.65g/t Au from 107.4m (CH20DD055)

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The results confirm the extension of the Cardinia Hill mineralisation at depth below the recently completed RC and Diamond Resource Definition drilling program.

In the Southern Shoot, high-grade gold mineralisation (5.4m at 6.18g/t Au in CH20DD054 and 5.3m at 3.31g/t Au in CH20DD053) has been intersected at a depth up to 150m below surface. Diamond drilling of the Northern Shoot has also intersected high-grade gold mineralisation in the sulphide zone at shallower depths, to approximately 100m below surface in CH20DD055. RC drilling in the centre of the deposit has confirmed the continuity of mineralisation between the high-grade Southern and Northern Shoots.

The recently completed RC and DD resource definition program has successfully extended the overall strike length of the Cardinia Hill mineralisation to more than 700m.

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Figure 3: Location of the Cardinia Hill RC and DD drilling program over the ground gravity survey data

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Figure 4: Location of the Cardinia Hill RC and DD results in the Southern Shoot drilling (Figure 3 A-A’). True width is approximately 70% of downhole intersection.

Full details of the drilling and assay results received from Cardinia Hill during the Quarter were provided in the Company’s ASX Announcements dated 21 October and 10 November 2020.

An extensive gravity survey commenced with Haines Surveys late in the reporting period to map the Cardinia Fault and porphyry intrusions along strike and at depth.

Hobby

The Hobby prospect, located 7km from the proposed processing plant site, is a recent discovery and has been the focus of a resource drill-out program designed to underpin a growing inventory of higher-grade deposits across the Cardinia Project.

In-fill Reverse Circulation (RC) drilling at Hobby during the Quarter successfully extended the overall strike length of the mineralisation to ~450m, with the deposit remaining open both down-plunge to the north and along strike to the south.

Highlights from assays reported during the December Quarter include:

  • 5m at 27.7 g/t Au from 109m (HB20RC025)

  • 2m at 8.00 g/t Au from 30m (HB20RC039)

  • 2m at 6.93 g/t Au from 62m (HB20RC031)

  • 5m at 2.80 g/t Au from 37m and 6m at 2.71g/t Au from 71m (HB20RC024)

  • 11m at 1.61 g/t Au from 14m (HB20RC027)

  • 10m at 1.18 g/t Au from 21m (HB20RC035)

The latest results have confirmed the Company’s understanding of the geology and sulphide zones at Hobby, confirming the presence of both wider zones of ore grade mineralisation and narrow high-grade mineralisation at depth associated with porphyry intrusions, laminated quartz veins and sulphide mineralisation.

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The new results also confirm and reinforce the previously reported results from Hobby (see ASX announcement, 12 August 2020) which included a combination of narrow, high-grade results and wider lowgrade results with the prospect demonstrating strong geological similarities to other important new discoveries at the Cardinia Project such as Cardinia Hill, Comedy King and East Lynne/Collymore.

Highlights from this earlier drilling included:

  • 6m at 2.41 g/t from 22m (HB20RC001)

  • 5m at 3.72 g/t from 74m (HB20RC004)

  • 2m at 5.64 g/t from 17m (HB20RC012)

  • 13m at 1.30 g/t from 46m (HB20RC015)

Work will commence on an updated Mineral Resource Estimate for Hobby, which is expected to be delivered in the March 2021 Quarter. Further drilling is also planned in 2021 to expand the mineralisation at Hobby.

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Figure 5: Location of the Hobby RC and DD drilling program over the magnetics.

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Figure 6: Location of the Hobby RC and DD results in the in-fill drilling (Figure 5 A-A’). True width is approximately 70% of down-hole intersection.

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Figure 7: Location of the Hobby RC and DD results in the in-fill drilling (Figure 5 B-B’). True width is approximately 70% of down-hole intersection.

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East Lynne / Collymore

The East Lynne trend is located ~3km north-east of the proposed plant site at the Cardinia Gold Project and is a large greenfields gold target identified over the past 12 months as a result of systematic exploration work by Kin’s geological team.

Kin Mining has now completed 21 lines of air-core drilling at East Lynne totalling 19,500m of drilling. The initial program consisted of 14 lines of AC drilling at nominal 400m line spacing targeting a 6km long multi-element soil geochemical anomaly. Lines 15 to 21 were drilled as 200m in-fill lines in the Northern Zone at East Lynne.

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Figure 8: Location of the East Lynne AC drilling program.

The results confirm the continuity of the East Lynne mineralisation in AC drilling from Line 2 to Line 10, a distance of 3.2km. High-grade gold mineralisation in the near-surface environment is present above a broad zone of sulphide mineralisation marked by a strong IP anomaly above a major geological feature at East Lynne.

The growing evidence from soil sampling and air-core drilling is that East Lynne contains three parallel zones of mineralisation, including the new Collymore Trend, which extends over a strike length of 2.0km.

The Company has also completed an initial RC drilling program at both East Lynne and Collymore to test immediately beneath ore grade intersections from earlier AC drilling programs.

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The initial program consisted of nine (9) RC holes at East Lynne and two (2) RC holes at Collymore to test the style, width and grade of mineralisation in the fresh rock zone below the AC intersections. Significant intercepts in the RC drilling included:

  • 2m at 1.94g/t Au from 79m (EL20RC376)

  • 1m at 3.51g/t Au from 76m (EL20RC377)

  • 1m at 3.79g/t Au from 22m (EL20RC380)

  • 1m at 6.10g/t Au from 12m (CM20RC062)

The combination of the AC and initial RC drilling has outlined semi-continuous mineralisation in several zones over an extensive area with occasional very high-grade intersections over 4m and 1m sample intervals.

This suggests that the source of the gold in the oxide zone at East Lynne and Collymore is several relatively narrow zones of pyrite mineralisation sometimes associated with laminated quartz veins. On occasion, several narrow zones are present in a drill hole. This style of narrow, high-grade mineralisation is seen at more advanced deposits at Cardinia Hill, Hobby and Helens, located to the north and south of East Lynne and Collymore.

East Lynne and Collymore continue to represent significant mineralised targets within the Cardinia system, with these targets now considered likely to be a series of smaller, adjacent, high-grade deposits rather than a single large deposit.

The 2021 exploration drilling program will focus on testing these positions once additional geological interpretation, structural mapping and gravity geophysics programs have been completed to assist in mapping the dominant structural controls to these geologically continuous features.

CORPORATE

At the end of the December Quarter 2020, Kin had $2.267 million cash on hand.

-ENDS-

Authorised by the Board of Kin Mining NL

For further information, please contact:

Investor enquiries Media enquiries Andrew Munckton Nicholas Read Managing Director, Kin Mining NL Read Corporate +61 8 9242 2227 +61 419 929 046

About Kin Mining NL

Kin Mining NL (ASX: KIN) is a West Australian based gold development and exploration company. Kin’s key focus is its 100% owned Cardinia Gold Project (CGP) located in the highly prospective North-Eastern Goldfields region of Western Australia. The CGP has a 1154koz[1] gold Mineral Resource defined in both oxide and deeper primary mineralisation with considerable potential to grow this resource with further drilling.

1 The Company confirms that it is not aware of any new information or data that materially affects the information included in the ASX Announcement of 22 December 2020 “CGP Mineral Resource Estimate Increased to 1.15Moz”, and that all material assumptions and technical parameters underpinning the estimates in that announcement continue to apply and have not materially changed.

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COMPETENT PERSON’S STATEMENT

The information contained in this report relating to exploration results relates to information compiled or reviewed by Glenn Grayson. Mr. Grayson is a member of the Australasian Institute of Mining and Metallurgy and is a full-time employee of the company. Mr. Grayson has sufficient experience of relevance to the styles of mineralisation and the types of deposit under consideration, and to the activities undertaken to qualify as a Competent Person as defined in the 2012 edition of the JORC “Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves".

Mr. Grayson consents to the inclusion in this report of the matters based on information in the form and context in which it appears.

KIN MINING NL TENEMENT SCHEDULE December Quarter 2020

KIN EAST PTY LTD TENEMENT SCHEDULE

(a wholly owned subsidy of Kin Mining NL)

TENEMENT INFORMATION AS REQUIRED BY LISTING RULE 5.3.3

REDCASTLE REDCASTLE
65 kms South West of Laverton
Tenement ID Ownership Change
at end of Quarter During Quarter
M39/1108 100%
P39/5267 100%
P39/6118 100%
Tenement ID
Ownership
Change
at end of Quarter
During Quarter
M39/279
66.66%
M39/1121
100%
M39/1136
0%
M39/1141
0%
P39/5112
100%
P39/5113
100%
P39/5176
100%
P39/5177
100%
P39/5178
100%
P39/5179
100%
P39/5180
100%
P39/5861
100%
P39/5862
100%
P39/5863
100%
P39/5864
100%
Tenement ID
Ownership
Change
at end of Quarter
During Quarter
M39/1118
100%
P39/5859
100%
P39/5860
100%
MURRIN MURRIN
50 kms East of Leonora
MT FLORA
50 kms East North East of Leonora
REDCASTLE
65 kms South West of Laverton
REDCASTLE
65 kms South West of Laverton
REDCASTLE
65 kms South West of Laverton
Tenement ID
Ownership
Change
at end of Quarter
During Quarter
M39/1108 100%
P39/5267 100%
P39/6118 100%
RANDWICK
45 kms North East of Leonora
Tenement ID
Ownership
Change
at end of Quarter
During Quarter
M37/1316 100%
M37/1343 0%
P37/8000 100%
P37/8965 100%
P37/8966 100%
P37/8967 100%
P37/8968 100%
P37/8969 100%
P37/8970 100%
P37/8971 100%
P37/8972 100%
P37/8973 100%
P37/9320 100%
P37/9321 100%
P37/9322 100%
P37/9323 100%
P37/9324 100%
P37/9325 100%

KIN WEST WA PTY LTD TENEMENT SCHEDULE

(a wholly owned subsidy of Kin Mining NL)

TENEMENT INFORMATION AS REQUIRED BY LISTING RULE 5.3.3

DESDEMONA

PIG WELL

Ownership
Change
at end of Quarter
During Quarter
E37/1152
100%
E37/1156
100%
E37/1201
100%
E37/1203
100%
E37/1315
100%
E37/1326
100%
E40/283
100%
E40/285
0%
Surrendered 23/10/20
E40/323
100%
E40/366
100%
E40/369
100%
M40/330
100%
M40/346
100%
P37/8350
100%
P37/8390
100%
P37/8500
100%
P37/8504
100%
P40/1464
100%
Tenement ID
IRON KING / MT FOURACRE
20 kms South of Leonora Townsite
25 kms East of Leonora Townsite 25 kms East of Leonora Townsite 25 kms East of Leonora Townsite
Tenement ID
Ownership
Change
at end of Quarter
During Quarter
P37/8948 100%
P37/8949 100%
P37/8950 100%
P37/8951 100%
P37/8952 100%
P37/8953 100%
P37/8954 100%
P37/8955 100%
P37/8956 100%
P37/8957 100%
P37/8958 100%
P37/8959 100%
P37/8960 100%
P37/8961 100%
P37/8962 100%
P37/8963 100%
P37/8964 100%
P37/8974 100%
P37/8975 100%
P37/8976 100%
P37/8977 100%
P37/8978 100%

45 kms North North West of Leonora

Ownership
Change
at end of Quarter
During Quarter
Tenement ID
Ownership
Change
at end of Quarter
During Quarter
Tenement ID
Ownership
Change
at end of Quarter
During Quarter
Tenement ID
8 kms East of Leonora Townsite
RAESIDE
8 kms East of Leonora Townsite
RAESIDE
8 kms East of Leonora Townsite
RAESIDE
E37/1134 100%
M37/1327 100%
P37/8359 100% Tenement ID
Ownership
Change
at end of Quarter
During Quarter
P37/8414 100%
P37/8415 100% E37/1300 100%
P37/8455 100%
P37/8458 100%
P37/8459 100%
P37/8460 100%
P37/8461 100%
P37/8491 100%

NAVIGATOR MINING PTY LTD TENEMENT SCHEDULE (a wholly owned subsidy of Kin Mining NL)

TENEMENT INFORMATION AS REQUIRED BY LISTING RULE 5.3.3

CARDINIA / MERTONDALE

35 kms East & North East of Leonora Townsite

Ownership
Change
at end of Quarter
During Quarter
Tenement ID
Ownership
Change
at end of Quarter
During Quarter
Tenement ID
Ownership
Change
at end of Quarter
During Quarter
Tenement ID
Ownership
Change
at end of Quarter
During Quarter
Tenement ID
Ownership
Change
at end of Quarter
During Quarter
Tenement ID
Ownership
Change
at end of Quarter
During Quarter
Tenement ID
L37/106 100% P37/8944 100%
L37/127 100% P37/8945 100%
L37/128 100% P37/8946 100%
L37/195 100% P37/8947 100%
L37/196 100% P37/8988 100%
L37/226 100% P37/8989 100%
L37/232 100% P37/8990 100%
L37/241 100% P37/8991 100%
L37/242 100% P37/8992 100%
L37/243 100% P37/8993 100%
L37/244 100% P37/8994 100%
M37/81 100% P37/8995 100%
M37/82 100% P37/8996 100%
M37/86 100% P37/8997 100%
M37/88 100% P37/8998 100%
M37/223 100% P37/8999 100%
M37/227 100% P37/9000 100%
M37/231 100% P37/9001 100%
M37/232 100% P37/9002 100%
M37/233 100% P37/9003 100%
M37/277 100% P37/9004 100%
M37/299 100% P37/9008 100%
M37/300 100% P37/9009 100%
M37/316 100% P37/9010 100%
M37/317 100% P37/9122 100%
M37/422 100% P37/9123 100%
M37/428 100% P37/9124 100%
M37/487 100% P37/9125 100%
M37/594 100% P37/9126 100%
M37/646 100% P37/9127 100%
M37/720 100% P37/9128 100%
M37/1284 100% P37/9129 100%
M37/1303 100% P37/9130 100%
M37/1304 100% P37/9131 100%
M37/1315 100% P37/9132 100%
M37/1318 100% P37/9133 100%
M37/1319 100% P37/9134 100%
M37/1323 100% P37/9135 100%
M37/1325 100% P37/9136 100%
M37/1328 100% P37/9137 100%
M37/1329 0% P37/9158 100%
M37/1330 0% P 37/9166 100%
M37/1331 100% P 37/9170 100%
M37/1332 100% P 37/9171 100%
M37/1333 100% P 37/9172 100%
M37/1340 100% P 37/9173 100%
M37/1342 100% Granted on 13/11/20 P37/9221 100%
M37/1345 100% Granted on 13/11/20 P37/9222 100%
P37/8007 0% Replaced by M37/1345 P37/9223 100%
P37/8199 0% Surrendered 22/10/20 P37/9224 100%
P37/8223 100% P37/9225 100%
P37/8536 100% P37/9226 100%
P37/8537 100% P37/9227 100%
P37/8538 100% P37/9228 100%
P37/8539 100% P37/9229 100%
P37/8540 100% P37/9230 100%
P37/8541 100% P37/9231 100%
P37/8542 100% P37/9232 100%
P37/8543 100% P37/9326 100%
P37/8737 100% P37/9327 100%
P37/8738 100% P37/9328 100%
P37/8739 100% RAESIDE
8 kms East of Leonora Townsite
P37/8740 100%
P37/8741 100%
P37/8742 100%
P37/8743 100%
P37/8744 100%
P37/8795 100%
P37/8938 100% Tenement ID
Ownership
Change
at end of Quarter
During Quarter
P37/8939 100%
P37/8940 100% L37/77 100%
P37/8941 100% L37/125 100%
P37/8942 100% M37/1298 100%
P37/8943 100% E37/1402 0%