Announcement PDF ASX Announcement (ASX:KM1) 4 August 2025 Kali Metals Limited 34 Colin St, West Perth WA 6005 Australia ABN: 85 653 279 371 P 08 6424 8880 E admin@kalimetals.com.au W www.kalimetals.com.au ASX : KM1 Page 1 of 15 09 September 2026 ASX ANNOUNCEMENT High-Grade Gold in Phase II Drilling At Marble Bar Discovery Kali Metals Limited (ASX: KM1) (“Kali” or “the Company”) is pleased to announce the final assay results from its Phase II drilling program at its Marble Bar Gold Project in Western Australia. The results confirm the discovery of an outcropping and shallow-dipping gold system along a 3km cumulative strike length. Highlights • Phase II drilling comprised 4,059m reverse circulation (RC) drilling and 282m diamond drilling (DD). • Best DD results include: o 2.6m @ 10.8 g/t Au from 8.7m (MBDD004) o 1.8m @ 7.4 g/t Au from 0m (MBDD002) • Previously reported Phase II RC drilling, testing the down-dip extension of mineralisations, included:0F 1 o 3m @ 3.6 g/t Au from 41m (MBRC081) o 5m @ 1.0 g/t Au from 41m (MBRC082) • Previously reported Phase I RC drilling, testing the outcropping mineralised zone, included:1F 2 o 5m @ 2.3 g/t Au from 0m (MBRC001) o 4m @ 3.2 g/t Au from 0m (MBRC003) • The current drill spacing over the four main gold prospects (Sherman, Tiger, Tiger 2 and Churchill): drilling lines at 40-60m with drillholes at 10-20m spacing in the outcropping part and 30-50m spacing in the down-dip extension part of the gold mineralisation. To date, this gold mineralisation has been followed up to approximately 50m vertical depth only. • A follow-up drilling program is currently being designed to test the four newly discovered prospects as announced on 21 July 2026, where rock-chip sampling returned gold grades up to 53.1g/t Au. Mapping of additional gold prospects is in progress. Managing Director, Paul Adams, commented: “Diamond drilling has returned high-grade results exceeding 10 g/t Au in the shallow zone, strengthening our confidence in the Marble Bar gold system. We are also continuing to identify new high-grade mineralised outcrops, while the recently completed soil sampling has generated numerous targets for ground-truthing and potential new discoveries. A range of technical and development studies will be required as the project advances. We look forward to keeping the market updated as this work progresses.” 1 Refer to KM1 ASX announcement dated 24 June 2026 2 Refer to KM1 ASX announcement dated 29 January 2026 ASX : KM1 Page 2 of 15 Kali Metals Limited 34 Colin St, West Perth WA 6005 Australia ABN: 85 653 279 371 P 08 6424 8880 E admin@kalimetals.com.au W www.kalimetals.com.au Marble Bar Gold Project Kali’s Marble Bar Project is located in the eastern Pilbara region, approximately 10km east (20km by road) of the town of Marble Bar and > 10km north of the Warrawoona Gold Project. Figure 1: Marble Bar project location Drilling Campaign – Phase II Aim of the Phase II drilling program was to test the gently dipping mineralisation mapped on surface over cumulative length of 3km at a higher density than in Phase I, closing the line spacing to approximately 40m to 60m over selected areas. The gold mineralisation is associated with quartz veining within a strongly potassic altered granitoid units (Jenkin Granodiorite and Fig Tree Gneiss), within the south-eastern quadrant of the Mt Edgar Intrusive Complex. Previously, Kali has completed Phase I drilling program to test the outcropping zone of mineralisation consisting of 77 short vertical RC drillholes for total 1,086m drilling (average 14m per drillhole). Phase II drilling program comprised 4,059m RC (129 short vertical holes, average 31m depth per hole) and 282m DD drilling (16 drillholes, average 18m per drillhole), mostly to test the down-dip extension of mineralisation and to provide more detailed geological information on the mineralised vein system. ASX : KM1 Page 3 of 15 Kali Metals Limited 34 Colin St, West Perth WA 6005 Australia ABN: 85 653 279 371 P 08 6424 8880 E admin@kalimetals.com.au W www.kalimetals.com.au Figure 2: Map showing mapped geology and cross-sections being reported Figure 3: Sherman Prospect, cross-section A-A’ ASX : KM1 Page 4 of 15 Kali Metals Limited 34 Colin St, West Perth WA 6005 Australia ABN: 85 653 279 371 P 08 6424 8880 E admin@kalimetals.com.au W www.kalimetals.com.au To date, this gold mineralisation has been followed up to approximately 50m vertical depth only. A full list of gold intersections and complete gold assay information are presented in Appendix B - Tables. The current drill spacing over the four main gold prospects (Sherman, Tiger, Tiger 2 and Churchill): drilling lines at 40-60m with drillholes at 10-20m spacing in the outcropping part and 30-50m spacing in the down-dip extension part of the gold mineralisation. Future Planned Activities at Marble Bar The exploration strategy in the next six months will see Kali focusing on expanding the mineralisation footprint and initiating associated internal studies, comprising: • Completion of high-res (2m resolution) hyperspectral survey over entire Pilbara tenement package in the next 1-2 months – in progress. • Extension of mapping at new prospects: Stug, Vickers, Pershing and Chiha. • Initial reconnaissance (mapping and rock-chip sampling) over new gold-in-soil anomalies. • Additional drone imagery • Additional heritage and environmental surveys over newly identified prospects • RC drilling of extensional zones identified • A mineral resource estimate • Application for a Mining License Particular focus will be on the recently discovered Stug Prospect. The strike length of mapped quartz vein at Stug to date is 250m, mapped width at surface 5-30m (assuming gently-dipping geometry and true thickness of 1-3m), grades to date are very high 3.9-53.1g/t Au2F 3 . Any eventual Mineral Resource Estimate is conditional on successful exploration. Authorised for release by the Board of Kali Metals Limited. For further information please contact: Paul Adams Managing Director E admin@kalimetals.com.au Andrew Willis Investor & Media Relations E awillis@nwrcommunications.com.au 3 See ASX:KM1 announcement dated 21 July 2026 ASX : KM1 Page 5 of 15 Kali Metals Limited 34 Colin St, West Perth WA 6005 Australia ABN: 85 653 279 371 P 08 6424 8880 E admin@kalimetals.com.au W www.kalimetals.com.au About Kali Metals Limited Kali Metals’ (ASX: KM1) portfolio of assets cover 4,029km2 of exploration tenure prospective for gold, lithium and critical minerals, located in WA (including the Pilbara and Eastern Yilgarn) and the Southern Lachlan Fold Belt (in NSW and Victoria). Kali Metals has a team of well credentialed professionals who are focused on exploring and developing commercial resources and identifying new strategic assets to add to the portfolio. Kali Metals has a number of prospective gold, lithium and tin Projects within its existing tenure and is committed to generate shareholder value through exploration and development of these assets. Forward Statements This document may include forward-looking statements. Forward-looking statements include, but are not limited to, statements concerning Kali’s planned exploration program and other statements that are not historical facts. When used in this document, the words such as "could," "plan," "estimate," "expect," "intend," "may”, "potential", "should," and similar expressions are forward-looking statements. Although Kali believes that its expectations reflected in these forward-looking statements are reasonable, such statements involve risks and uncertainties, and no assurance can be given that actual results will be consistent with these forward- looking statements. Competent Persons Statement The information in this report that relates to Exploration Results are based on, and fairly represents, information and supporting documentation compiled and reviewed by Mr Mladen Stevanovic a Competent Person who is a Member of the AusIMM and Exploration Manager at Kali Metals. Mr Stevanovic has sufficient experience relevant to the style of mineralisation and type of deposit under consideration and to the activity which he has undertaken to qualify as a Competent Person as defined in the 2012 Edition of the ‘Australasian Code for the Reporting of Exploration Results, Mineral Resources and Ore Reserves’. Mr Stevanovic consents to the inclusion in the report of the matters based on his information in the form and context in which it appears. Previously Reported Results The information in this announcement that relates to Exploration Results is extracted from the ASX announcements (Original Announcements), as referenced, which are available at www.kalimetals.com.au. The Company confirms that it is not aware of any new information or data that materially affects the information included in the Original Announcements and, that all material assumptions and technical parameters underpinning the estimates in the Original Announcements continue to apply and have not materially changed. The Company confirms that the form and context in which the Competent Persons’ findings are presented have not been materially modified from the original announcement. Appendix A – Tenements Marble Bar Project: E45/4700 E45/5970 E45/6389 E45/6429 E45/6430 E45/7036 E45/7037 E45/7150 E45/7151 ASX : KM1 Page 6 of 15 Kali Metals Limited 34 Colin St, West Perth WA 6005 Australia ABN: 85 653 279 371 P 08 6424 8880 E admin@kalimetals.com.au W www.kalimetals.com.au Appendix B – Tables Table1: Drillhole Details HOLEID EAST NORTH RL DEPTH HoleType Azimuth Dip HOLEID EAST NORTH RL DEPTH HoleType Azimuth Dip MBDD001 799355.58 7648874.21 219.00 23.5 DD 180 -60 MBRC134 795993.89 7649542.44 218.12 13 RC 0 -90 MBDD002 799354.05 7648844.08 219.34 17.8 DD 165 -60 MBRC135 795975.86 7649525.70 217.51 13 RC 0 -90 MBDD003 799527.94 7648814.89 223.12 10.6 DD 215 -60 MBRC136 795957.90 7649593.28 217.18 13 RC 0 -90 MBDD004 798246.73 7649141.09 227.18 24 DD 245 -60 MBRC137 795973.43 7649605.10 217.18 13 RC 0 -90 MBDD005 798235.00 7649141.14 227.29 10.3 DD 250 -60 MBRC138 795989.05 7649616.81 216.64 13 RC 0 -90 MBDD006 798102.63 7649320.30 224.79 11.7 DD 250 -60 MBRC139 796005.21 7649628.46 216.74 13 RC 0 -90 MBDD007 796977.54 7649120.74 219.42 10.6 DD 190 -60 MBRC140 796020.43 7649638.84 216.19 31 RC 0 -90 MBDD008 796889.81 7648944.89 224.15 5.9 DD 120 -60 MBRC141 796051.66 7649660.84 215.70 37 RC 0 -90 MBDD009 796157.51 7649517.77 217.83 25 DD 240 -70 MBRC142 796077.25 7649681.40 215.47 43 RC 0 -90 MBDD010 796034.60 7649585.61 216.89 18.9 DD 230 -70 MBRC143 796098.91 7649699.32 215.01 55 RC 0 -90 MBDD011 796022.35 7649569.07 217.23 15.9 DD 235 -70 MBRC144 795899.87 7649671.94 219.04 19 RC 0 -90 MBDD012 796004.96 7649554.77 217.74 11.1 DD 235 -70 MBRC145 795913.91 7649685.05 218.14 19 RC 0 -90 MBDD013 796008.16 7649630.18 216.77 15.8 DD 235 -70 MBRC146 795930.40 7649697.95 218.24 19 RC 0 -90 MBDD014 795945.81 7649709.74 218.11 16.9 DD 235 -70 MBRC147 795944.29 7649708.29 217.99 19 RC 0 -90 MBDD015 796212.08 7649389.04 220.44 15 DD 230 -60 MBRC148 795959.95 7649723.00 217.02 25 RC 0 -90 MBDD016 796189.15 7649571.20 217.24 48.7 DD 240 -70 MBRC149 795986.76 7649746.66 217.03 37 RC 0 -90 MBRC078 796015.08 7649706.32 215.48 37 RC 0 -90 MBRC150 796020.54 7649774.98 216.33 55 RC 0 -90 MBRC079 796031.30 7649719.07 215.37 37 RC 0 -90 MBRC151 796920.64 7649045.70 221.09 13 RC 0 -90 MBRC080 796047.57 7649731.88 214.80 55 RC 0 -90 MBRC152 796904.52 7649056.79 220.51 19 RC 0 -90 MBRC081 796062.29 7649741.35 214.61 67 RC 0 -90 MBRC153 796887.81 7649068.33 219.48 25 RC 0 -90 MBRC082 796080.48 7649757.44 214.36 67 RC 0 -90 MBRC154 796969.20 7649077.74 220.00 13 RC 0 -90 MBRC083 796096.00 7649770.02 214.01 79 RC 0 -90 MBRC155 796972.28 7649094.83 219.99 19 RC 0 -90 MBRC084 796143.25 7649547.91 217.40 43 RC 0 -90 MBRC156 796975.34 7649107.01 219.17 19 RC 0 -90 MBRC085 796159.86 7649556.14 217.06 43 RC 0 -90 MBRC157 796980.95 7649137.22 218.48 25 RC 0 -90 MBRC086 796181.15 7649565.45 216.82 43 RC 0 -90 MBRC158 798032.79 7649315.66 225.26 19 RC 0 -90 MBRC087 796238.93 7649422.48 219.69 33 RC 0 -90 MBRC159 798016.49 7649305.31 224.54 13 RC 0 -90 MBRC088 796250.83 7649439.74 219.50 55 RC 0 -90 MBRC160 798139.52 7649350.04 223.73 55 RC 0 -90 MBRC089 796264.97 7649456.00 220.03 73 RC 0 -90 MBRC161 798112.76 7649273.36 224.42 13 RC 0 -90 MBRC090 796275.11 7649472.11 220.23 55 RC 0 -90 MBRC162 798140.94 7649296.68 224.61 19 RC 0 -90 MBRC091 796228.54 7649343.32 220.94 19 RC 0 -90 MBRC163 798161.24 7649310.31 223.82 25 RC 0 -90 MBRC092 796241.69 7649361.64 220.26 19 RC 0 -90 MBRC164 798176.50 7649319.59 223.35 31 RC 0 -90 MBRC093 796254.83 7649375.93 220.35 25 RC 0 -90 MBRC165 798171.83 7649241.25 225.18 19 RC 0 -90 MBRC094 796267.81 7649390.96 220.41 37 RC 0 -90 MBRC166 798189.64 7649249.18 224.76 25 RC 0 -90 MBRC095 796280.37 7649407.08 220.68 49 RC 0 -90 MBRC167 798208.64 7649257.24 224.41 37 RC 0 -90 MBRC096 796291.70 7649423.84 221.53 56 RC 0 -90 MBRC168 798194.24 7649219.43 225.65 19 RC 0 -90 MBRC097 796294.33 7649434.93 221.88 62 RC 0 -90 MBRC169 798222.15 7649229.15 225.29 31 RC 0 -90 MBRC098 796163.21 7649414.45 218.89 13 RC 0 -90 MBRC170 798193.51 7649183.05 226.59 19 RC 0 -90 MBRC099 796180.82 7649429.58 219.28 19 RC 0 -90 MBRC171 798213.48 7649191.55 226.44 25 RC 0 -90 MBRC100 796194.21 7649442.16 218.64 31 RC 0 -90 MBRC172 798230.71 7649198.60 226.01 31 RC 0 -90 MBRC101 796211.46 7649458.69 218.39 37 RC 0 -90 MBRC173 798251.39 7649206.15 226.30 37 RC 0 -90 MBRC102 796224.12 7649470.51 218.48 37 RC 0 -90 MBRC174 798219.61 7649131.90 227.55 19 RC 0 -90 MBRC103 796238.00 7649483.76 218.95 55 RC 0 -90 MBRC175 798202.46 7649125.68 227.46 13 RC 0 -90 MBRC104 796165.59 7649480.36 218.28 32 RC 0 -90 MBRC176 798241.79 7649143.12 227.37 25 RC 0 -90 MBRC105 796180.78 7649489.06 217.49 38 RC 0 -90 MBRC177 798259.92 7649150.81 227.16 25 RC 0 -90 MBRC106 796196.55 7649499.02 217.71 56 RC 0 -90 MBRC178 798275.85 7649157.30 227.08 25 RC 0 -90 MBRC107 796214.29 7649511.08 218.10 62 RC 0 -90 MBRC179 798248.20 7649172.05 227.03 37 RC 0 -90 MBRC108 796139.27 7649505.46 218.48 32 RC 0 -90 MBRC180 798266.97 7649180.70 227.80 43 RC 0 -90 MBRC109 796155.80 7649515.33 217.74 32 RC 0 -90 MBRC181 798283.80 7649187.66 226.92 37 RC 0 -90 MBRC110 796170.36 7649522.81 217.08 38 RC 0 -90 MBRC182 799552.20 7648774.15 222.78 13 RC 0 -90 MBRC111 796187.41 7649534.79 217.10 49 RC 0 -90 MBRC183 799563.05 7648791.05 222.64 13 RC 0 -90 MBRC112 796203.40 7649544.14 217.53 50 RC 0 -90 MBRC184 799574.04 7648807.31 221.87 19 RC 0 -90 MBRC113 796282.17 7649585.53 217.74 68 RC 0 -90 MBRC185 799561.60 7648868.39 221.05 37 RC 0 -90 MBRC114 796299.10 7649644.45 217.24 68 RC 0 -90 MBRC186 799572.77 7648886.27 220.94 61 RC 0 -90 MBRC115 795986.82 7649504.51 217.93 13 RC 0 -90 MBRC187 799582.62 7648904.10 220.80 49 RC 0 -90 MBRC116 796003.19 7649518.47 218.63 13 RC 0 -90 MBRC188 799497.72 7648825.93 222.45 13 RC 0 -90 MBRC117 796020.88 7649527.88 218.56 19 RC 0 -90 MBRC189 799505.71 7648844.63 221.69 19 RC 0 -90 MBRC118 796041.53 7649539.77 218.27 19 RC 0 -90 MBRC190 799512.59 7648860.74 221.45 25 RC 0 -90 MBRC119 796056.91 7649549.43 218.08 25 RC 0 -90 MBRC191 799465.02 7648862.17 220.51 19 RC 0 -90 MBRC120 796070.98 7649558.10 217.82 31 RC 0 -90 MBRC192 799470.26 7648880.97 219.70 25 RC 0 -90 MBRC121 796084.07 7649566.04 217.53 26 RC 0 -90 MBRC193 799476.35 7648898.73 218.84 31 RC 0 -90 MBRC122 796101.35 7649576.86 217.39 32 RC 0 -90 MBRC194 799482.45 7648919.53 218.55 55 RC 0 -90 MBRC123 796115.89 7649586.86 216.73 31 RC 0 -90 MBRC195 799410.58 7648874.26 219.05 19 RC 0 -90 MBRC124 796131.83 7649596.70 216.67 49 RC 0 -90 MBRC196 799409.69 7648852.45 219.67 13 RC 0 -90 MBRC125 796146.02 7649607.13 216.62 49 RC 0 -90 MBRC197 799409.65 7648835.12 220.41 13 RC 0 -90 MBRC126 796163.75 7649616.23 216.61 62 RC 0 -90 MBRC198 799408.47 7648815.05 220.57 13 RC 0 -90 MBRC127 796108.82 7649647.12 215.71 49 RC 0 -90 MBRC199 799306.85 7648835.87 219.65 13 RC 0 -90 MBRC128 796077.70 7649615.43 216.48 38 RC 0 -90 MBRC200 799304.62 7648854.45 219.75 13 RC 0 -90 MBRC129 796061.49 7649601.53 216.57 25 RC 0 -90 MBRC201 799303.30 7648863.38 219.84 13 RC 0 -90 MBRC130 796044.20 7649590.20 216.74 25 RC 0 -90 MBRC202 799302.92 7648872.66 219.98 13 RC 0 -90 MBRC131 796033.31 7649579.85 217.02 25 RC 0 -90 MBRC203 799302.05 7648893.29 220.04 13 RC 0 -90 MBRC132 796020.05 7649566.29 216.96 19 RC 0 -90 MBRC204 799358.29 7648947.68 220.53 25 RC 0 -90 MBRC133 796004.83 7649551.38 217.77 13 RC 0 -90 MBRC205 799358.05 7648968.43 220.83 37 RC 0 -90 MBRC206 799358.15 7648988.15 220.51 49 RC 0 -90 ASX : KM1 Page 7 of 15 Kali Metals Limited 34 Colin St, West Perth WA 6005 Australia ABN: 85 653 279 371 P 08 6424 8880 E admin@kalimetals.com.au W www.kalimetals.com.au Table 2: Drilling Results - Summary HOLEID Result (0.5 g/t c/o, max 2 smpl waste) HOLEID Result (0.5 g/t c/o, max 2 smpl waste) MBDD001 0.2m @ 1.2g/t Au from 12.53m MBRC134 3m @ 1.4g/t Au from 0m MBDD002 1.8m @ 7.4g/t Au from 0m MBRC135 NSA MBDD003 3.9m @ 1.7 g/t Au from 0m MBRC136 NSA MBDD004 2.36m @ 10.8 g/t Au from 8.7m MBRC137 NSA MBDD005 NSA MBRC138 NSA MBDD006 NSA MBRC139 NSA MBDD007 0.9m @ 0.6g/t Au from 2.9m MBRC140 NSA MBDD008 1.2m @ 1.4g/t Au from 0.2m MBRC141 NSA MBDD009 NSA MBRC142 NSA MBDD010 NSA MBRC143 NSA MBDD011 0.4m @ 3.2g/t Au from 7.9m MBRC144 NSA MBDD012 0.8m @ 3.1g/t Au from 4.5m MBRC145 NSA MBDD013 1.6m @ 0.4g/t Au from 8.6m MBRC146 NSA MBDD014 NSA MBRC147 NSA MBDD015 0.8m @ 2.5g/t Au from 2.6m MBRC148 NSA MBDD016 NSA MBRC149 NSA MBRC078 3m @ 0.4g/t Au from 23m MBRC150 1m @ 0.6g/t Au from 22m MBRC078 1m @ 1.0g/t Au from 29m MBRC151 NSA MBRC079 2m @ 1.6g/t Au from 29m MBRC152 NSA MBRC080 3m @ 0.6g/t Au from 34m MBRC153 1m @ 0.6g/t Au from 10m MBRC080 2m @ 1.6g/t Au from 47m MBRC154 NSA MBRC081 3m @ 3.4g/t Au from 41m MBRC155 NSA MBRC082 5m @ 1.0g/t Au from 41m MBRC156 1m @ 1.4g/t Au from 0m MBRC083 1m @ 0.8g/t Au from 49m MBRC157 NSA MBRC084 1m @ 3.0g/t Au from 21m MBRC158 NSA MBRC085 2m @ 1.4g/t Au from 26m MBRC159 NSA MBRC086 NSA MBRC160 NSA MBRC087 NSA MBRC161 NSA MBRC088 1m @ 1.3g/t Au from 27m MBRC162 NSA MBRC089 NSA MBRC163 NSA MBRC090 1m @ 0.9g/t Au from 32m MBRC164 NSA MBRC091 NSA MBRC165 NSA MBRC092 2m @ 1.4g/t Au from 8m MBRC166 1m @ 4.3g/t Au from 16m MBRC093 NSA MBRC167 NSA MBRC094 1m @ 2.1g/t Au from 22m MBRC168 2m @ 1.3g/t Au from 10m MBRC095 NSA MBRC169 1m @ 1.2g/t Au from 22m MBRC096 NSA MBRC170 NSA MBRC097 1m @ 0.5g/t Au from 43m MBRC171 NSA MBRC098 NSA MBRC172 NSA MBRC099 NSA MBRC173 1m @ 0.7g/t Au from 26m MBRC100 2m @ 1.7g/t Au from 10m MBRC174 NSA MBRC101 1m @ 0.6g/t Au from 14m MBRC175 NSA MBRC102 1m @ 1.1g/t Au from 18m MBRC176 1m @ 1.4g/t Au from 10m MBRC103 2m @ 1.1g/t Au from 23m MBRC177 NSA MBRC104 4m @ 0.4g/t Au from 9m MBRC178 NSA MBRC105 1m @ 3.3g/t Au from 14m MBRC179 1m @ 0.8g/t Au from 16m MBRC105 1m @ 1.4g/t Au from 26m MBRC180 1m @ 1.8g/t Au from 22m MBRC106 5m @ 0.5g/t Au from 17m MBRC181 1m @ 2.2g/t Au from 30m MBRC107 1m @ 1.2g/t Au from 25m MBRC182 NSA MBRC108 2m @ 0.8g/t Au from 7m MBRC183 1m @ 0.8g/t Au from 0m MBRC109 NSA MBRC184 5m @ 0.4g/t Au from 4m MBRC110 1m @ 9.4g/t Au from 21m MBRC185 1m @ 0.5g/t Au from 8m MBRC111 2m @ 2.0g/t Au from 24m MBRC186 NSA MBRC112 1m @ 0.5g/t Au from 28m MBRC187 1m @ 1.3g/t Au from 23m MBRC113 NSA MBRC188 2m @ 0.8g/t Au from 0m MBRC114 NSA MBRC189 1m @ 0.5g/t Au from 5m MBRC116 1m @ 1.6g/t Au from 0m MBRC190 NSA MBRC117 2m @ 0.8g/t Au from 0m MBRC191 1m @ 1.9g/t Au from 4m MBRC118 2m @ 0.5g/t Au from 4m MBRC192 NSA MBRC119 2m @ 1.5g/t Au from 8m MBRC193 NSA MBRC120 2m @ 0.9g/t Au from 11m MBRC194 1m @ 3.0g/t Au from 20m MBRC121 1m @ 1.3g/t Au from 15m MBRC195 4m @ 1.0g/t Au from 7m MBRC122 1m @ 0.6g/t Au from 18m MBRC196 1m @ 1.8g/t Au from 4m MBRC123 NSA MBRC197 2m @ 1.4g/t Au from 0m MBRC124 NSA MBRC198 NSA MBRC125 NSA MBRC199 NSA MBRC126 NSA MBRC200 NSA MBRC127 1m @ 1.7g/t Au from 33m MBRC201 NSA MBRC128 NSA MBRC202 NSA MBRC129 1m @ 0.8g/t Au from 17m MBRC203 NSA MBRC130 2m @ 2.0g/t Au from 11m MBRC204 NSA MBRC131 NSA MBRC205 NSA MBRC132 1m @ 0.5g/t Au from 7m MBRC206 NSA ASX : KM1 Page 8 of 15 Kali Metals Limited 34 Colin St, West Perth WA 6005 Australia ABN: 85 653 279 371 P 08 6424 8880 E admin@kalimetals.com.au W www.kalimetals.com.au Annexure D: JORC Code, 2012 Edition – Table 1 Section 1: Sampling Techniques and Data (Criteria in this section apply to all succeeding sections.) Criteria JORC Code explanation Commentary Sampling techniques Nature and quality of sampling (eg cut channels, random chips, or specific specialised industry standard measurement tools appropriate to the minerals under investigation, such as down hole gamma sondes, or handheld XRF instruments, etc). These examples should not be taken as limiting the broad meaning of sampling. Reverse Circulation (RC) and Diamond Drilling (DD) in granitic and quartz-rich outcrops. Aside from a few locations with thin (<2m) sandy/alluvial patches, majority of drilling started in weathered bedrock (predominantly granitic) units. Altered zones of interest were sampled and analysed. The sampling practice is appropriate to the generally extensive outcropping/sub-cropping terrain and complies with industry best practice. Include reference to measures taken to ensure sample representativity and the appropriate calibration of any measurement tools or systems used. The bulk RC sample material (typically 15-20kg) arrives through the rods, hose and cyclone, and 80% captured in big plastic bags and 20% in pre- numbered calico bags (typically 3-4kg material). Diamond drillcore was cut to two even parts along the core axis, and only one side of the cut half- core was systematically sampled. Core recovery was calculated and entered into database. Aspects of the determination of mineralisation that are Material to the Public Report. Gold mineralisation at Project area is not visible. The microscopy has shown that gold micro-flakes (up to 0.2mm in size) are hosted in goethitic remnants of pyrite. The individual cubic euhedral x-suplhides are 1-10cm in size (and as such, visible) and associated to quartz-potassic zones. Mineralisation is spatially associated to certain alteration mineral assemblages and rock textures: pyritic quartz veining in strongly altered (potassic and propylitic) granodiorite intrusive within the adamellite gneiss. In cases where ‘industry standard’ work has been done this would be relatively simple (eg ‘reverse circulation drilling was used to obtain 1 m samples from which 3 kg was pulverised to produce a 30 g charge for fire assay’). In other cases more explanation may be required, such as where there is coarse gold that has inherent sampling problems. Unusual commodities or mineralisation types (eg submarine nodules) may warrant disclosure of detailed information. RC drilling was used to obtain 1m samples from which 3-4kg was pulverised to produce 50g charge for fire assay. DD sampling intervals varied subject to geology intersected. Sampling to date (drilling and rock-chip) suggest that majority of positive results are fairly uniform (1-3g/t Au average) and with low variability, with a relatively small population of samples (<1%) showing higher grades (>10g/t Au). Drilling results generally confirm previous conclusions. Drilling techniques Drill type (eg core, reverse circulation, open- hole hammer, rotary air blast, auger, Bangka, sonic, etc) and details (eg core diameter, triple or standard tube, depth of diamond tails, face-sampling bit or other type, whether core is oriented and if so, by what method, etc). RC & DD drilling with multipurpose rig UDR650 with supported truck-mounted auxiliary booster compressor, using 4.5” hammer and 6m rods or PQ/HQ diameter coring. The mineralised zone was right on surface and assumed flat to gently- dipping, hence short vertical holes were used in ASX : KM1 Page 9 of 15 Kali Metals Limited 34 Colin St, West Perth WA 6005 Australia ABN: 85 653 279 371 P 08 6424 8880 E admin@kalimetals.com.au W www.kalimetals.com.au this initial “scout” drilling Drill sample recovery Method of recording and assessing core and chip sample recoveries and results assessed. All samples for mineralised intervals were dry. Some minor ground water ingress occurred rarely and overall, the water did not interfere with drilling and RC samples were collected dry. Sample recoveries were acceptable. Some losses occurred in the first metres, especially in sandy areas. Samples are monitored for possible contamination during the drilling process by Company geologists. Where RC samples were significantly affected by ground water, the drilling was repeated with DD. Measures taken to maximise sample recovery and ensure representative nature of the samples. Drilling is carried out high-angle to orthogonal to the mineralisation to get representative samples of the mineralisation. Standard practices for RC and DD drilling were used. Whether a relationship exists between sample recovery and grade and whether sample bias may have occurred due to preferential loss/gain of fine/coarse material. No relationship between recovery and grade have been identified. This is not seen to be a material risk with the drilling methods and approach to sampling being undertaken. Logging Whether core and chip samples have been geologically and geotechnically logged to a level of detail to support appropriate Mineral Resource estimation, mining studies and metallurgical studies. Geological logging was completed by qualified geologist, to a level of detail to support potential future metallurgical testwork, mineral resource estimation and mining studies. Whether logging is qualitative or quantitative in nature. Core (or costean, channel, etc) photography. Logging is qualitative and records lithology, grain size, texture, weathering, structure, alteration, veining and sulphides. Chip trays are subsequently photographed – furthermore, a selection of RC chips from different lithologies was sent for external petrological assessment. DD coretrays were photographed dry and wet. The total length and percentage of the relevant intersections logged. All holes were geologically logged in full. Sub-sampling techniques and sample preparation If core, whether cut or sawn and whether quarter, half or all core taken. Drillcore was half sawn, with only duplicates quarter sawed. If non-core, whether riffled, tube sampled, rotary split, etc and whether sampled wet or dry. 1m RC samples are split on cyclone (20% split). No compositing. All samples are dry, and no holes were terminated in mineralisation due to ingress of ground water For all sample types, the nature, quality and appropriateness of the sample preparation technique. The sample preparation at the lab included: dry, crush 70% to -2mm, pulverise 85% to -75um and rotary split to produce 200g pulp for assays. The sample preparation procedures carried out are considered industry standard and acceptable. ASX : KM1 Page 10 of 15 Kali Metals Limited 34 Colin St, West Perth WA 6005 Australia ABN: 85 653 279 371 P 08 6424 8880 E admin@kalimetals.com.au W www.kalimetals.com.au Quality control procedures adopted for all sub-sampling stages to maximise representivity of samples. Sampling is supervised by a geologist. A checklist to ensure ongoing checking for sample sequence, quality and to avoid contamination has been implemented. The geologist monitors samples for contamination during RC drilling. Drill crews are required to routinely clean the cyclone, typically after each rod. Measures taken to ensure that the sampling is representative of the in situ material collected, including for instance results for field duplicate/second-half sampling. Samples are inspected for contamination. The RC cyclone is routinely cleaned after each rod. RC field duplicates are produced systematically during drilling. The duplicate samples are collected directly from the second chute from the on-rig cone splitter. Dupicates of diamond core are achieved by quarter cutting of diamond core. Whether sample sizes are appropriate to the grain size of the material being sampled. Sample sizes are considered appropriate to give an indication of mineralisation. Once a meaningful population of samples is collected per sample domain an assessment will be made of the appropriate weight and number of samples to allow the classification of mineral resources. Quality of assay data and laboratory tests The nature, quality and appropriateness of the assaying and laboratory procedures used and whether the technique is considered partial or total. RC samples were submitted to ALS Perth (independent and internationally accredited laboratory). Samples were analysed with method Au-ICP22 (50g charge). Au-ICP22 is a code for fire assay analysis of gold with an ICP-AES finish, generally considered a total analysis method. It involves a total 4-acid digest to dissolve all elements, including gold, in the sample, followed by ICP-AES analysis to determine the gold content. Diamond drilling samples were submitted to Intertek Perth for Photon Assay analysis PAAU02. Currently, all RC samples from the zones of interest are being re-submitted for Photon Assay analysis at ALS Perth. For geophysical tools, spectrometers, handheld XRF instruments, etc, the parameters used in determining the analysis including instrument make and model, reading times, calibrations factors applied and their derivation, etc. No geophysical surveys or p-XRF analysis are being reported herein. Nature of quality control procedures adopted (eg standards, blanks, duplicates, external laboratory checks) and whether acceptable levels of accuracy (ie lack of bias) and precision have been established. QAQC process consist of Company procedures, prescribed style of sampling and use of control samples, as well as the check of control sample performance and reporting. Some 10% of control samples were included, consisting relatively evenly of h