Announcement PDF ASX Quarterly Report & Media Release | ASX: KAL | 31 January 2024 QUARTERLY ACTIVITIES REPORT for the quarter ended 31 December 2023 Kalgoorlie Gold Mining Limited (ASX: KAL) (‘KAL’ or the ‘Company’) is pleased to provide the following report on its activities during the December 2023 quarter. The Company’s primary activities during the reporting period were drill programs at Kirgella Gift at the Pinjin farm-in. Highlights: Pinjin gold project, Laverton Tectonic Zone (140 km ENE of Kalgoorlie) • Kirgella Gift and Providence showing shallow gold mineralisation extending to depth o Two highly successful drill programs completed ahead of schedule o Strike length extended to over 1km. Gold mineralisation is open in every direction o Numerous shallow intercepts (Type 1 targets) that are amenable to shallow, open pit mining with potential processing at nearby existing and proposed plants. Results include:  KGRC23008: 11 m at 2.51 g/t Au from 32 m including 4 m at 5.63 g/t Au from 39 m  KGRC23007: 11 m at 1.56 g/t Au from 24 m including 4m at 2.98 g/t Au from 27 m o These results complement and are coherent with earlier results, including:  KGRC004: 33m at 3.10g/t from 51m including 12m at 4.66g/t from 52m and 2m at 7.01g/t from 73m  KSRC013: 10m at 1.93g/t from 12m including 4m at 3.29g/t from 16m . 9m at 2.07g/t from 26m including 5m at 2.93g/t from 28m  KSR006: 32m at 2.61g/t from 13m including 5m at 3.75g/t from 27m and 7m at 4.47g/t from 37m Intersection target (Type 3) beneath Kirgella Gift and Providence with potential for mineralisation blow-outs to be tested. Planning underway. Two additional tenements granted consolidating KalGold’s strategic position at Pinjin, providing opportunity to test newly generated targets. o • Bulong Taurus Gold Project • Investigating a number of possible ways forward at Bulong Taurus, including a small-scale, shallow mining and concentrate production proposal that is at a very early stage. Corporate • Approximately A$1.5 million cash and no debt as at 31 December 2023. Kalgoorlie Gold Mining Limited | ACN 645 666 164 Suite 2, 1209 Hay St, West Perth WA 6005, Australia T: +61 (0)8 6002 2700 | E: info@kalgoldmining.com.au | www.kalgoldmining.com.au Quarterly Operations Report, December 2023 Commenting on recent activities, KalGold Managing Director and CEO Matt Painter said: “This has been a key quarter in the progression of the Pinjin Project. Buoyed by the success of the recent drill program at Kirgella Gift and the first pass drilling at Providence, the Company accelerated follow-up exploration at Providence. With thick, shallow gold intercepts uncovered at Providence, KalGold’s drilling program defined north-plunging gold mineralisation towards Kirgella Gift. KalGold has now defined what it hoped to find – an intersection target with the potential to host blow-out gold intercepts. Logistical planning and technical refinement of targets is currently underway. The main aim from this work is to define shallow gold resources that can provide feedstock for nearby planned or operating gold mills.” Figure 1 – KalGold’s projects in the Eastern Goldfields of WA, showing 100% KalGold tenure (and farm-ins) in red, and gold rights in orange. Greyed areas show the recently rescinded gold rights tenure. Towns, railways, and major roads also shown. Projection MGA 94 Zone 51. Page 2 Quarterly Operations Report, December 2023 PINJIN GOLD PROJECT Drilling continued during the quarter at KalGold’s Pinjin Gold Project around 150km east of Kalgoorlie Boulder. Results from two drill programs at Kirgella Gift and Providence provided a number of shallow gold hits and defined the down-dip and down-plunge extent of gold mineralisation. The results helped define a very prospective intersection target at depth beneath the Kirgella Gift and Providence prospects. The project covers a substantial portion of the southern part of the highly prolific Laverton Tectonic Zone which, further north, hosts some of the Eastern Goldfields’ largest gold mines and deposits (Figure 1). Kirgella Gift and Providence (Figure 2) are strategically located between Hawthorn Resources’ Anglo Saxon (Trouser Legs) open pit mine ~15km to the north, and Ramelius Resources’ Rebecca gold development project ~21km to the south. KalGold aims to define shallow resources that could potentially provide feedstock for nearby mills at Rebecca (planned) or Carosue (operating). Figure 2 – Recent and historic drilling at Kirgella Gift and Providence, with new drill data added. A north-south striking, steeply west-dipping shear zone hosts and controls gold mineralisation at Kirgella North, Kirgella Gift, and Providence. A deep, structural intersection target between the southerly Kirgella Gift plunge and the northerly Providence plunge (Figure 2 above) is identified at depth beneath the highlighted area. This target will be tested with future drilling. Projection: MGA 94 Zone 51. Page 3 Quarterly Operations Report, December 2023 Drilling at Pinjin (E28/2655) KalGold accelerated its drill programs at Pinjin during the quarter. Results from two drill programs showed that coherent gold mineralisation and anomalism extends for over 1,150m, up from ~300m of confirmed gold mineralisation in mid-2023 (Figure 2). The first program was targeted at Providence, Kirgella Gift, and Kirgella North and was completed prior to the end of the previous quarter, with the results returned during the reporting period. The follow-up program, focused on Providence, was brought forward to late November (previously targeted for JanuaryFebruary 2024) with very positive results reported in December. Recent drilling at Providence Follow-up drilling intersected significant gold mineralisation from only 20 m downhole. Drilling confirmed that gold mineralisation continues downwards and is open at depth (Figures 3 & 4). The program comprised 8 RC drill hole for a total of 1,217m, focusing to the north and south of the discovery section drilled in the previous program at Providence (KalGold ASX release, 7 December 2023). New intercepts included: o KGRC23015: 4m at 1.99 g/t Au from 24 m including 2 m at 3.08 g/t Au from 25 m and 6 m at 2.11 g/t Au from 80 m including 3 m at 3.16 g/t Au from 83 m and 4 m at 1.37 g/t Au from 91 m including 1 m at 4.80 g/t Au from 94 m and 2 m at 2.58 g/t Au from 101 m including 1 m at 4.09 g/t Au from 102 m o KGRC23017: 2m at 1.71 g/t Au from 20 m including 1 m at 2.67 g/t Au from 21 m o KGRC23016: 10m at 1.12 g/t Au from 143 m including 2 m at 3.42 g/t Au from 145 m 23m at 1.08g/t from 80m The recently defined gold mineralisation intercepted at Providence (Figure 1 and 2) shows strong similarities in style to Kirgella Gift to the north, as well as with KalGold’s recently defined RC drill intercepts at Providence. In all cases, the quoted intercepts are encased within a broader, sub-grade mineralised shear zone. These broader zones sometimes coalesce into a thicker, notable intercept. In KGRC23015, the three adjacent intercepts between 80 m and 103 m depth combine into a thicker, lower-grade intercept of 23 m at 1.08 g/t Au from 80 m (Figure 4). Thick, well-mineralised intercepts like this are important in assessing the project for open pit mining possibilities. Correspondingly, the Company is statistically analysing datasets at Kirgella Gift and Providence defined by these broader zones (using lower cut-off values) for inclusion in future resource estimates. Page 4 Quarterly Operations Report, December 2023 Figure 3 – Cross section at Providence looking north, showing Figure 4 – Cross section at Providence looking north, showing new and historic drillholes (see Appendix 2 and ASX new and historic drillholes (see Appendix 2 and ASX announcement 23 May 2023). Gold mineralised lodes and announcement 23 May 2023). Gold mineralised lodes and intercepts are shown in red. Calculated intercepts are hosted intercepts are shown in reds. Calculated intercepts are within coherent, sub-grade gold mineralisation within sheared hosted within coherent mineralisation (blue, see text) within mafic to ultramafic rocks. This provides confidence for sheared mafic to ultramafic rocks. This provides confidence correlation between drill holes and in definition of multiple for correlation between drill holes and in definition of lodes. Projection: MGA 94 Zone 51. Section 6,659,200mN, multiple lodes. Projection: MGA 94 Zone 51. ±10m window, looking north. Results of the earlier program at Providence, Kirgella Gift, and Kirgella North KalGold’s initial drill program at Providence was the first at the prospect since its discovery in 2015. This both confirmed the discovery and defined gold mineralisation from near surface to depth. Follow-up drilling at Kirgella Gift extended gold mineralisation southward and also discovered coherent, shallow gold mineralisation at Kirgella North. In total, 12 drill holes (11 new holes and 1 re-entry) were drilled for 1,944 metres (KalGold ASX release, 25 October 2023). At Providence, drilling confirmed historic discovery results with additional shallower and higher-grade gold mineralisation. Intercepts at Providence, included: o KGRC23008: 11 m at 2.51 g/t Au from 32 m including 4 m at 5.63 g/t Au from 39 m o KGRC23009: 14 m at 1.32 g/t Au from 125 m including 2 m at 4.45 g/t Au from 132 m In cross section (Figure 3 & 6), new and historic intercepts depict a steep westerly orientation of the shearhosted gold mineralisation, similar to Kirgella Gift. At Kirgella Gift, the mineralised zone has been extended southward and remains open to the south and down-dip. Grades are predictable and can be modelled with a high degree of certainty. The results bring the dataset one step closer to defining a JORC Code (2012) Mineral Resource Estimate, and include: Page 5 Quarterly Operations Report, December 2023 o KGRC23007: 11 m at 1.56 g/t Au from 24 m including 4m at 2.98 g/t Au from 27 m and 6 m at 1.18 g/t Au from 45 m o KGRC23011: 10 m at 1.16 g/t Au from 85 m including 1 m at 2.90 g/t Au from 88 m and 15 m at 0.98 g/t Au from 166 m including 4 m at 2.14 g/t Au from 173 m Multiple lodes are evident with gold mineralisation open in all directions. All intercepts are encased within coherent, sub-grade shear zones which assists correlation, interpretation, and targeting. Further north at Kirgella North, KalGold has defined coherent, sheared gold mineralisation in KGRC23004 with 4 m at 1.50 g/t Au from 93 m. This is located only 90 m north of Kirgella Gift. This is important because the extent of gold mineralisation to the north is difficult to define in historic drill data. As a result, this new information indicates that mineralisation may be through going. Figure 5 – Oblique perspective view of KalGold’s Pinjin project, to the south of the Pinjin mining centre. The view looks southsouth-east from Hawthorn Resources’ Anglo Saxon open pit (at the southern end of the Pinjin Goldfield) towards Ramelius Resources’ Rebecca project around 35 km away. The agreements cover several tenements (pink outlines), including Pinjin South tenure in the foreground, Kirgella in the middle distance, and Rebecca West tenure in the distance. KalGold’s applications (black) are shown in the foreground and middle distance, with the footprint of the Rebecca project (blue) in the distance south of Lake Rebecca. Oblique view of Google Earth imagery as of May 2023, with DMIRS tenure footprints shown. Page 6 Quarterly Operations Report, December 2023 Gold trends and targeting at the Pinjin Project Three types of targets have emerged at the Pinjin Project (Figure 5) and at Kirgella Gift and Providence. These are: 1. Shallow, easily accessible (by open pit mining) gold mineralisation. 2. Depth continuity of shallow gold mineralisation, displaying a steep westerly dip and either northerly or southerly plunge within the dip plane. 3. Deeper intersection targets at the conjunction of the two structural orientations. Type 1 – Shallow targets Shallow targets at Kirgella Gift and Providence offer the greatest short to medium-term opportunity for KalGold, with inexpensive mining providing access to thick, coherent gold mineralisation. The first two examples of the Type 1 targets, Kirgella Gift and Providence are providing very promising results with only a thin cover of transported material (usually less than 12m). These are highly amenable to shallow open pit mining. Some of the results reported this quarter at Providence and Kirgella Gift fall into this category. These complement earlier results such as: o KGRC004: 33m at 3.10g/t from 51m including 12m at 4.66g/t from 52m and 2m at 7.01g/t from 73m o KSRC013: 10m at 1.93g/t from 12m including 4m at 3.29g/t from 16m 9m at 2.07g/t from 26m including 5m at 2.93g/t from 28m o KSR006: 32m at 2.61g/t from 13m including 5m at 3.75g/t from 27m 7m at 4.47g/t from 37m and Other shallow targets are yet to be tested along strike from the Anglo Saxon gold mine in the north and along the ~20km corridor within KalGold’s tenure. These will include Wessex, Wessex South, and Harbour Lights extension to the north. The Company has also defined structurally controlled targets over several kilometres of strike in the area. To date, only around 1km of this strike length has been drill tested (at Kirgella Gift and Providence). Type 2 – Depth continuity targets Type 2 targets represent the subsurface extension of shallow gold mineralisation to depth. Both prospects tested (to date) at Pinjin show down-dip extent. Some of the intercepts quoted above extend into depth continuity targets by virtue of the thickness of the intercepts. The definition of depth continuity at Pinjin is important as it provides upside to the shallow results, opening the potential for a substantial open pit mine and/or an underground operation, similar to the Anglo Saxon gold mine immediately to the north. Gold mineralisation at both prospects is shear-hosted, dipping steeply to the west, constituting several lodes, with a distinct plunge (Figure 6). By following the dip and plunge, KalGold has been extending known gold mineralisation. Page 7 Quarterly Operations Report, December 2023 Type 3 – Intersection targets The generation of Type 3 targets comes from developing a thorough geological understanding of the gold mineralisation at Pinjin. The two closely spaced, opposing gold mineralisation plunges at Kirgella Gift and Providence suggest the likelihood of an intersection target between them. Modelling shows that the target starts from around 180 m vertical depth beneath the southernmost extent of Kirgella, and extends over 250m strike to around 330m vertical depth (Figure 6). Such intersections can be the holy grail of gold exploration and mineralisation because they provide an opportunity for grade and tonnage blow-outs. Therefore, testing this target will be a focus in KalGold’s future drill programs. Figure 6 – Long section of RC and Diamond drilling at Kirgella and Providence, looking east. Bold black traces represent RC drilling completed by KalGold, including from the most recent program at Providence. To represent the breadths of gold mineralisation in the corridor and the likely multiple lodes present, the long section is particularly wide (±150m), meaning some of the drill holes may laterally pass out of the mineralised zones with depth. Projection: MGA 94 Zone 51. Other conceptual Type 3 targets have been generated by interpretation of geophysical datasets throughout the Pinjin Project area. These typically constitute intersections of particular generations of faults with goldprone structures or strata. None of these targets have yet been tested. Tenements granted at Pinjin Two of KalGold’s tenement applications were granted at Pinjin during the quarter, leaving only one more application outstanding. The granted tenements are: • • E 28/3134, covering 38.5 km2 (Figure 7, KalGold ASX release, 14 December 2023). P 31/2168, covering only 8 ha (KalGold ASX release, 8 November 2023) The smaller tenement, P 31/2168, is important as it provides continuity of tenure at Pinjin South, between Kirgella Gift and the Anglo Saxon gold mine. The tenement opens the Pinjin South area for exploration of the Company’s gold targets at Wessex South, where the full extent of the target area can now be explored. Page 8 Quarterly Operations Report, December 2023 The grant of the larger E 28/3134 also opens a highly prospective area for gold at Pinjin that, in our view, has not been adequately tested by previous explorers. This covers a distinct regional-scale bend in the Laverton Tectonic Zone. From the northwest around Hawthorn Resources’ Anglo Saxon Gold Mine, faults and strata of the Pinjin Goldfield strike northnorthwest, reorienting clockwise to a northsouth orientation to the south toward Ramelius Resources’ Rebecca Gold Project (Figure 1). The axis of this broad curvature highlights internal structures and bends along with demagnetised magnetic ridges, making this a prime target area for gold mineralisation. Only E 31/1347 remains to be granted. Forthcoming exploration at Pinjin With the acceleration of the second drill program at Providence, the Company is now assessing its next steps. Rig availability, target assessment, heritage risk outside of the cleared areas around Kirgella Gift and Providence, and other factors will shape the Company’s near-term plans. Possible programs include: • • • • Deep drilling of the Type 3 intersection target between Kirgella Gift and Providence, possibly using a combination of RC and diamond drill rigs. First-pass aircore drilling for Type 1 targets south and along strike of high- Figure 7 – E 28/3134 granted at Pinjin, providing additional ground along the Laverton Tectonic Zone along strike from the Anglo grade, shallow intercepts located just Saxon gold mine. Broad-scale curvature of the zone is depicted by the thick dashed line, with detail of KalGold-interpreted faults off-tenure and along strike at Harbour showing meso-scale bends that are considered highly Lights prospective for gold mineralisation and are untested. Gold prospects and deposits shown. Projection MGA 94 Zone 51. First-pass aircore drilling for Type 1 targets east and south along strike of historic intercepts at Wessex and Wessex South. First-pass aircore drill assessment of the broad kink in the Laverton Tectonic Zone on E 28/3134, searching for Type 1 targets. The Company will announce next steps once assessment is complete. Page 9 Quarterly Operations Report, December 2023 BULONG TAURUS GOLD PROJECT The Company is also investigating a number of possible ways forward at Bulong Taurus. La Mascotte deposit currently has a (JORC Code (2012) Inferred Mineral Resource Estimate of 3.61 Mt @ 1.19 g/t Au for 138,000 oz, (KalGold ASX release, 7 March 2023). As well as the possibilities detailed last quarter, the Company has been approached regarding small-scale, shallow mining and concentrate production using a modular plant. Although at a very early stage, the Company has started assessing the viability of such a proposal. With the deposit located on a current mining licence (M25/19), this could be a viable option. OTHER PROJECTS During the quarter, the Company also undertook cost-effective, systematic programs to identify further gold targets for shallow, low-cost resources in highly prospective areas within the broader KalGold portfolio (KalGold ASX release, 6 July 2023). Programs for several projects have been prepared, including surface sampling, aircore drilling, and RC drilling. Desktop interrogation and interpretation at Zelica, Hammersmith (at Bulong Taurus), Perrinvale, and Lake Rebecca are ongoing and at various stages of completion. CORPORATE During the quarter, the Annual General Meeting was held on 22 November 2023. All resolutions put to the meeting of shareholders were passed on a poll, by the requisite majority. Finance and Use of Funds The Company’s cash position was approximately $1.5M at 31 Dec 2023, largely driven by the cost of accelerated drilling programs at Pinjin that were originally slated for January-February 2024. Expenditure incurred on exploration activities during the quarter was approximately $465,000. No expenditure was incurred on mining production or development activities. The Company expects expenditure to be significantly less during the March 2024 quarter. Payments totalling approximately $162,000 were made to related parties of the Company, as shown in the attached Appendix 5B comprising current and accrued directors’ fees of $89,000 and salary of $73,000. Pursuant to ASX listing rule 5.3.4, the Company provides a comparison of its actual expenditure against the estimated expenditure on items set out in the Company’s Pre-Quotation Disclosure Document. Page 10 Quarterly Operations Report, December 2023 Use of funds Funds Received from prospectus $ Repayment to Ardea of IPO, exploration costs pursuant to the Loan Agreement Forecast Expenditure to Date $ Actual to Date Variance $ $ 1,100,000 1,100,000 1,086,917 13,083 - - (2,241,303) 2,241,303 Capital raising fee 386,000 386,000 690,117 (304,117) Payment to unrelated vendor 100,000 100,000 100,045 (45) Exploration Programs Tenement costs, administrative costs and working capital 4,900,900 4,900,900 4,280,561 620,339 1,000,000 1,000,000 2,088,660 (1,088,660) Total Funds allocated 7,486,900 7,486,900 6,004,997 1,481,903 Capital raising Variances due to accelerated exploration programs and project acquisitions during the past 2 years. Authorised for lodgement by the Board of Kalgoorlie Gold Mining Limited. For further information regarding KalGold, please visit kalgoldmining.com.au or contact: Matt Painter Managing Director and Chief Executive Officer Tel +61 8 6002 2700 Page 11 Quarterly Operations Report, December 2023 About KalGold ASX-listed resources company Kalgoorlie Gold Mining (KalGold, ASX: KAL) is a proven, low-cost gold discoverer with a large portfolio of West Australian projects, focussed on: • The Bulong Taurus Project, 35km east of KalgoorlieBoulder, contains the outcropping La Mascotte gold deposit as well as a series of satellite prospects and historic workings of the Taurus Goldfield. Importantly, KalGold’s methods resulted in the definition of a JORC (2012) Mineral Resource Estimate (3.61 Mt @ 1.19 g/t Au for 138,000 oz 1) that is one of the most inexpensive in recent times (A$4.60 per ounce of gold). Exploration work continues at the project. • The Pinjin Project within the 30Moz Laverton Tectonic Zone (host to Sunrise Dam, Granny Smith, Rebecca, Anglo Saxon, and Wallaby projects) is located only 25km north along strike from Ramelius Resources (ASX: RMS) Rebecca Gold Project. With historic work identifying open gold mineralisation from shallow levels, immediate work is focused on testing mineralisation continuity. At Kirgella and Pinjin South, tenure is the subject of a farm-in over the next two years to expand upon known mineralisation. Between this tenure and KalGold’s existing tenure and applications, the Company has established a significant presence in a strategic and important region. • Other projects are the focus of early-stage exploration programs. Gold anomalism and recent discoveries are driving efforts at Perrinvale and Zelica, and underexplored parts of the Keith-Kilkenny Tectonic Zone are being examined. Additionally, lithium potential is being tested at the Pianto and Pinjin projects. Follow KalGold on social media 1 See KalGold ASX release, “La Mascotte gold deposit: First JORC (2012) Mineral Resource of 138,000 oz Au”. 7 March 2023. Page 12 Quarterly Operations Report, December 2023 CAUTIONARY NOTE REGARDING FORWARD-LOOKING INFORMATION This news release contains forward-looking statements and forward-looking information within the meaning of applicable Australian securities laws, which are based on expectations, estimates and projections as of the date of this news release. This forward-looking information includes, or may be based upon, without limitation, estimates, forecasts and statements as to management’s expectations with respect to, among other things, the timing and amount of funding required to execute the Company’s exploration, development and business plans, capital and exploration expenditures, the effect on the Company of any changes to existing legislation or policy, government regulation of mining operations, the length of time required to obtain permits, certifications and approvals, the success of exploration, development and mining activities, the geology of the Company’s properties, environmental risks, the availability and mobility of labour, the focus of the Company in the future, demand and market outlook for precious metals and the prices thereof, progress in development of mineral properties, the Company’s ability to raise funding privately or on a public market in the future, the Company’s future growth, results of operations, restrictions caused by COVID-19, performance, and business prospects and opportunities. Wherever possible, words such as “anticipate”, “believe”, “expect”, “intend”, “may” and similar expressions have been used to identify such forward-looking information. Forward-looking information is based on the opinions and estimates of management at the date the information is given, and on information available to management at such time. Forward-looking information involves significant risks, uncertainties, assumptions and other factors that could cause actual results, performance or achievements to differ materially from the results discussed or implied in the forward-looking information. These factors, including, but not limited to, fluctuations in currency markets, fluctuations in commodity prices, the ability of the Company to access sufficient capital on favourable terms or at all, changes in national and local government legislation, taxation, controls, regulations, political or economic developments in Australia or other countries in which the Company does business or may carry on business in the future, operational or technical difficulties in connection with exploration or development activities, employee relations, the speculative nature of mineral exploration and development, obtaining necessary licenses and permits, diminishing quantities and grades of mineral reserves, contests over title to properties, especially title to undeveloped properties, the inherent risks involved in the exploration and development of mineral properties, the uncertainties involved in interpreting drill results and other geological data, environmental hazards, industrial accidents, unusual or unexpected formations, pressures, cave-ins and flooding, limitations of insurance coverage and the possibility of project cost overruns or unanticipated costs and expenses, and should be considered carefully. Many of these uncertainties and contingencies can affect the Company’s actual results and could cause actual results to differ materially from those expressed or implied in any forward-looking statements made by, or on behalf of, the Company. Prospective investors should not place undue reliance on any forward-looking information. Although the forward-looking information contained in this news release is based upon what management believes, or believed at the time, to be reasonable assumptions, the Company cannot assure prospective purchasers that actual results will be consistent with such forward-looking information, as there may be other factors that cause results not to be as anticipated, estimated or intended, and neither the Company nor any other person assumes responsibility for the accuracy and completeness of any such forward-looking information. The Company does not undertake, and assumes no obligation, to update or revise any such forward-looking statements or forward-looking information contained herein to reflect new events or circumstances, except as may be required by law. No stock exchange, regulation services provider, securities commission or other regulatory authority has approved or disapproved the information contained in this news release. COMPETENT PERSON STATEMENT The information in this report that relates to Exploration Targets, Exploration Results, Mineral Resources or Ore Reserves is based on information compiled by Dr Matthew Painter, a Competent Person who is a Member of the Australian Institute of Geoscientists. Dr Painter is the Managing Director and Chief Executive Officer of Kalgoorlie Gold Mining Limited (KalGold) and has sufficient experience that is relevant to the style of mineralisation and type of deposit under consideration and to the activity being undertaken 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. Dr Painter consents to the inclusion in the report of the matters based on his information in the form and context in which it appears. Dr Painter holds securities in Kalgoorlie Gold Mining Limited. Page 13 Quarterly Operations Report, December 2023 REFERENCES TO PREVIOUSLY REPORTED RESULTS The references in this announcement to Exploration Results were reported in accordance with Listing Rule 5.7 in the following announcements: La Mascotte gold deposit: First JORC (2012) Mineral Resource of 138,000 oz Au 7 March 2023 KalGold farms into Kirgella gold tenements and acquires Rebecca West tenure at Pinjin 23 May 2023 Thick, shear-hosted gold mineralisation intercepted at Kirgella Gift 8 June 2023 Shallow, high-grade results extend Kirgella Gift and Providence corridor to over 1,150m of strike 25 October 2023 Providence: North plunging shallow gold mineralisation has significant potential at depth 7 December 2023 The company confirms that it is not aware of