# KAL: Annual Report to shareholders Canonical Atlas analysis: https://atlas-staging.minestarters.com/news/kal-annual-report-to-shareholders--6160eeac-9e65-4966-9d37-5ba6f6a5d727 Original source: https://www.asx.com.au/asx/v2/statistics/displayAnnouncement.do?display=pdf&idsId=03145495 Publisher: asx Original announcement: 2026-09-29T07:20:00.000Z Analysis by Minestarters Atlas Atlas analysis published: 2026-09-29T14:50:30.578Z Atlas analysis updated: 2026-09-29T14:50:30.578Z - Company: Kalgoorlie Gold Mining Limited - Ticker: KAL - Exchange: ASX - Region: Western Australia - Primary commodity: Gold - Secondary commodities: None reported - Document categories: Drill results, Resource update, Capital raise - Extracted: 2026-09-29 14:50:31 UTC Narrative sentiment: 0.80 · Bullish ## Minestarters Atlas summary Kalgoorlie Gold Mining Limited's annual report details a productive year of exploration at its Pinjin Gold Project in Western Australia, marked by high-grade gold intercepts at Lighthorse and extensions of mineralization at Kirgella Gift and Providence. The company maintained its JORC Inferred Mineral Resource of 214,300 ounces and successfully raised $3.4 million to fund future exploration. A comprehensive Heritage Protection Agreement was also executed, providing a framework for continued work. Reasoning: Kalgoorlie Gold Mining Limited's annual report highlights significant progress in exploration at its flagship Pinjin Gold Project, with high-grade gold intercepts and extensions of mineralization at Lighthorse, Kirgella Gift, and Providence. The company maintained its JORC Inferred Mineral Resource and secured substantial funding through a capital raise, further supported by a new Heritage Protection Agreement, positioning it for accelerated future exploration despite the historical nature of the reported results. - Positive factor: High-grade drill intercepts at Lighthorse, including 12.69 g/t Au over 2m and 8.82 g/t Au over 3m, demonstrating strong mineralization. - Positive factor: Significant extension of primary gold mineralization at Lighthorse to over 1,100m of strike, indicating a large-scale system. - Positive factor: Confirmation of gold mineralization at Kirgella Gift and Providence to 300m vertical depth, extending below existing resource envelopes. - Positive factor: Successful capital raise of $3.4 million, strengthening financial position to accelerate exploration. - Positive factor: Execution of a comprehensive Heritage Protection Agreement, de-risking future exploration activities. - Positive factor: Maintained JORC Inferred Mineral Resource of 214,300 ounces at an industry-leading discovery cost of A$4.57 per ounce. - Negative factor: All reported drill results and resource estimates are historical restatements from previous announcements, reducing novelty. - Negative factor: Laboratory delays impacted the release of some drill results, indicating potential operational bottlenecks. - Negative factor: Drill results are reported as downhole lengths only, with no true widths provided, which may overstate actual thickness. Low confidence — this extraction should be reviewed alongside the original source. Facts used in scoring: 111 ## Classification and evidence No classification tags are available. ## Extracted facts Stored fact records: 111. Some facts used in scoring do not have a stored record. ## Drill Results (111) ### KGRC25050 [Link to this fact](https://atlas-staging.minestarters.com/news/kal-annual-report-to-shareholders--6160eeac-9e65-4966-9d37-5ba6f6a5d727#fact-drill-facts-0) Pinjin South · gold Historical result Needs review: historical\_restatement #### Identity - Hole ID: KGRC25050 - Project: Pinjin South - Commodity: gold - Region: australia\_wa - Reported Region: australia\_wa - Ticker: KAL #### Geometry - Grade: 0.42 - Grade Unit: g/t - Intercept: 35 m - From: 78 m - To: 113 m - Intercept Depth: 78 m #### Classification - Program: exploration - Sample Type: drill - Group ID: KGRC25050:78-113 #### QA/QC - QP Signed: Yes - QA/QC Methods: standards #### Compositing - Cutoff Grade: 0.5 - Cutoff Unit: g/t Au - Dilution Disclosed: Yes - Max Dilution: 2 m #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Interp. Status: scored - Historical: Yes - Historical Source Date: 2025-12-19T00:00:00.000Z #### Dates - Event date: 2026-09-29T00:00:00.000Z Reasoning: This intercept shows moderate gold grade over a significant width, but it is a restatement of historical data and the grade is not particularly high for an orogenic deposit. - Negative factor: Grade is moderate for gold in an orogenic system. - Negative factor: Result is a restatement of previously reported data. Evidence · text > KGRC25050 35m at 0.42 g/t Au from 78m #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Compositing Transparent** Polarity: positive Definition: Cut-off grade and internal dilution rules are clearly stated for reported intervals. Why it applies: cutoff\_grade and internal dilution are both stated **Stale Data Re-release** Polarity: negative Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty. Why it applies: the fact restates a prior release **Nearology Play** Polarity: neutral Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: proximity is offered as the value premise: "Extensive RC Program Beginning Shortly, 15 July 2025 • SAM geophysical survey commencing around Lighthorse, and explorat" ### KGRC25050 [Link to this fact](https://atlas-staging.minestarters.com/news/kal-annual-report-to-shareholders--6160eeac-9e65-4966-9d37-5ba6f6a5d727#fact-drill-facts-1) Pinjin South · gold Historical result Needs review: historical\_restatement #### Identity - Hole ID: KGRC25050 - Project: Pinjin South - Commodity: gold - Region: australia\_wa - Reported Region: australia\_wa - Ticker: KAL #### Geometry - Grade: 0.86 - Grade Unit: g/t - Intercept: 3 m - From: 86 m - To: 89 m - Intercept Depth: 78 m #### Classification - Program: exploration - Sample Type: drill - Group ID: KGRC25050:86-89 #### QA/QC - QP Signed: Yes - QA/QC Methods: standards #### Compositing - Cutoff Grade: 0.5 - Cutoff Unit: g/t Au - Dilution Disclosed: Yes - Max Dilution: 2 m #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Interp. Status: scored - Historical: Yes - Historical Source Date: 2025-12-19T00:00:00.000Z #### Dates - Event date: 2026-09-29T00:00:00.000Z Reasoning: This sub-interval shows a moderate gold grade over a narrow width, but it is a restatement of historical data. - Negative factor: Grade is moderate for gold in an orogenic system. - Negative factor: Result is a restatement of previously reported data. Evidence · text > 3m at 0.86 g/t Au from 86m #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Compositing Transparent** Polarity: positive Definition: Cut-off grade and internal dilution rules are clearly stated for reported intervals. Why it applies: cutoff\_grade and internal dilution are both stated **Stale Data Re-release** Polarity: negative Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty. Why it applies: the fact restates a prior release **Nearology Play** Polarity: neutral Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: proximity is offered as the value premise: "Extensive RC Program Beginning Shortly, 15 July 2025 • SAM geophysical survey commencing around Lighthorse, and explorat" ### KGRC25050 [Link to this fact](https://atlas-staging.minestarters.com/news/kal-annual-report-to-shareholders--6160eeac-9e65-4966-9d37-5ba6f6a5d727#fact-drill-facts-2) Pinjin South · gold Historical result Needs review: historical\_restatement #### Identity - Hole ID: KGRC25050 - Project: Pinjin South - Commodity: gold - Region: australia\_wa - Reported Region: australia\_wa - Ticker: KAL #### Geometry - Grade: 0.76 - Grade Unit: g/t - Intercept: 9 m - From: 92 m - To: 101 m - Intercept Depth: 78 m #### Classification - Program: exploration - Sample Type: drill - Group ID: KGRC25050:92-101 #### QA/QC - QP Signed: Yes - QA/QC Methods: standards #### Compositing - Cutoff Grade: 0.5 - Cutoff Unit: g/t Au - Dilution Disclosed: Yes - Max Dilution: 2 m #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Interp. Status: scored - Historical: Yes - Historical Source Date: 2025-12-19T00:00:00.000Z #### Dates - Event date: 2026-09-29T00:00:00.000Z Reasoning: This sub-interval shows a moderate gold grade over a moderate width, but it is a restatement of historical data. - Negative factor: Grade is moderate for gold in an orogenic system. - Negative factor: Result is a restatement of previously reported data. Evidence · text > 9m at 0.76 g/t Au from 92m #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Compositing Transparent** Polarity: positive Definition: Cut-off grade and internal dilution rules are clearly stated for reported intervals. Why it applies: cutoff\_grade and internal dilution are both stated **Stale Data Re-release** Polarity: negative Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty. Why it applies: the fact restates a prior release **Nearology Play** Polarity: neutral Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: proximity is offered as the value premise: "Extensive RC Program Beginning Shortly, 15 July 2025 • SAM geophysical survey commencing around Lighthorse, and explorat" ### KGRC25050 [Link to this fact](https://atlas-staging.minestarters.com/news/kal-annual-report-to-shareholders--6160eeac-9e65-4966-9d37-5ba6f6a5d727#fact-drill-facts-3) Pinjin South · gold Historical result Needs review: historical\_restatement #### Identity - Hole ID: KGRC25050 - Project: Pinjin South - Commodity: gold - Region: australia\_wa - Reported Region: australia\_wa - Ticker: KAL #### Geometry - Grade: 0.43 - Grade Unit: g/t - Intercept: 4 m - From: 109 m - To: 113 m - Intercept Depth: 78 m #### Classification - Program: exploration - Sample Type: drill - Group ID: KGRC25050:109-113 #### QA/QC - QP Signed: Yes - QA/QC Methods: standards #### Compositing - Cutoff Grade: 0.5 - Cutoff Unit: g/t Au - Dilution Disclosed: Yes - Max Dilution: 2 m #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Interp. Status: scored - Historical: Yes - Historical Source Date: 2025-12-19T00:00:00.000Z #### Dates - Event date: 2026-09-29T00:00:00.000Z Reasoning: This sub-interval shows a weak gold grade over a narrow width, and it is a restatement of historical data. - Negative factor: Grade is weak for gold in an orogenic system. - Negative factor: Result is a restatement of previously reported data. Evidence · text > 4m at 0.43 g/t Au from 109m #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Compositing Transparent** Polarity: positive Definition: Cut-off grade and internal dilution rules are clearly stated for reported intervals. Why it applies: cutoff\_grade and internal dilution are both stated **Stale Data Re-release** Polarity: negative Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty. Why it applies: the fact restates a prior release **Nearology Play** Polarity: neutral Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: proximity is offered as the value premise: "Extensive RC Program Beginning Shortly, 15 July 2025 • SAM geophysical survey commencing around Lighthorse, and explorat" ### KGRC25052 [Link to this fact](https://atlas-staging.minestarters.com/news/kal-annual-report-to-shareholders--6160eeac-9e65-4966-9d37-5ba6f6a5d727#fact-drill-facts-4) Pinjin South · gold Historical result Needs review: historical\_restatement #### Identity - Hole ID: KGRC25052 - Project: Pinjin South - Commodity: gold - Region: australia\_wa - Reported Region: australia\_wa - Ticker: KAL #### Geometry - Grade: 1.14 - Grade Unit: g/t - Intercept: 15 m - From: 84 m - To: 99 m - Intercept Depth: 84 m #### Classification - Program: exploration - Sample Type: drill - Group ID: KGRC25052:84-99 #### QA/QC - QP Signed: Yes - QA/QC Methods: standards #### Compositing - Cutoff Grade: 0.5 - Cutoff Unit: g/t Au - Dilution Disclosed: Yes - Max Dilution: 2 m #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Interp. Status: scored - Historical: Yes - Historical Source Date: 2025-12-19T00:00:00.000Z #### Dates - Event date: 2026-09-29T00:00:00.000Z Reasoning: This intercept shows a moderate gold grade over a good width, but it is a restatement of historical data. - Positive factor: Grade is moderate for gold in an orogenic system. - Negative factor: Result is a restatement of previously reported data. Evidence · text > KGRC25052 15m at 1.14 g/t Au from 84m #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Compositing Transparent** Polarity: positive Definition: Cut-off grade and internal dilution rules are clearly stated for reported intervals. Why it applies: cutoff\_grade and internal dilution are both stated **Stale Data Re-release** Polarity: negative Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty. Why it applies: the fact restates a prior release **Nearology Play** Polarity: neutral Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: proximity is offered as the value premise: "Extensive RC Program Beginning Shortly, 15 July 2025 • SAM geophysical survey commencing around Lighthorse, and explorat" ### KGRC25052 [Link to this fact](https://atlas-staging.minestarters.com/news/kal-annual-report-to-shareholders--6160eeac-9e65-4966-9d37-5ba6f6a5d727#fact-drill-facts-5) Pinjin South · gold Historical result Needs review: historical\_restatement #### Identity - Hole ID: KGRC25052 - Project: Pinjin South - Commodity: gold - Region: australia\_wa - Reported Region: australia\_wa - Ticker: KAL #### Geometry - Grade: 1.51 - Grade Unit: g/t - Intercept: 11 m - From: 84 m - To: 95 m - Intercept Depth: 84 m #### Classification - Program: exploration - Sample Type: drill - Group ID: KGRC25052:84-95 #### QA/QC - QP Signed: Yes - QA/QC Methods: standards #### Compositing - Cutoff Grade: 0.5 - Cutoff Unit: g/t Au - Dilution Disclosed: Yes - Max Dilution: 2 m #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Interp. Status: scored - Historical: Yes - Historical Source Date: 2025-12-19T00:00:00.000Z #### Dates - Event date: 2026-09-29T00:00:00.000Z Reasoning: This sub-interval shows a moderate to strong gold grade over a good width, but it is a restatement of historical data. - Positive factor: Grade is moderate to strong for gold in an orogenic system. - Negative factor: Result is a restatement of previously reported data. Evidence · text > 11m at 1.51 g/t Au from 84m #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Compositing Transparent** Polarity: positive Definition: Cut-off grade and internal dilution rules are clearly stated for reported intervals. Why it applies: cutoff\_grade and internal dilution are both stated **Stale Data Re-release** Polarity: negative Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty. Why it applies: the fact restates a prior release **Nearology Play** Polarity: neutral Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: proximity is offered as the value premise: "Extensive RC Program Beginning Shortly, 15 July 2025 • SAM geophysical survey commencing around Lighthorse, and explorat" ### KGRC25052 [Link to this fact](https://atlas-staging.minestarters.com/news/kal-annual-report-to-shareholders--6160eeac-9e65-4966-9d37-5ba6f6a5d727#fact-drill-facts-6) Pinjin South · gold Historical result Needs review: historical\_restatement #### Identity - Hole ID: KGRC25052 - Project: Pinjin South - Commodity: gold - Region: australia\_wa - Reported Region: australia\_wa - Ticker: KAL #### Geometry - Grade: 2.99 - Grade Unit: g/t - Intercept: 2 m - From: 86 m - To: 88 m - Intercept Depth: 84 m #### Classification - Program: exploration - Sample Type: drill - Group ID: KGRC25052:86-88 #### QA/QC - QP Signed: Yes - QA/QC Methods: standards #### Compositing - Cutoff Grade: 2 - Cutoff Unit: g/t Au - Dilution Disclosed: Yes - Max Dilution: 2 m #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Interp. Status: scored - Historical: Yes - Historical Source Date: 2025-12-19T00:00:00.000Z #### Dates - Event date: 2026-09-29T00:00:00.000Z Reasoning: This sub-interval shows a strong gold grade over a narrow width, but it is a restatement of historical data. - Positive factor: Grade is strong for gold in an orogenic system. - Negative factor: Result is a restatement of previously reported data. Evidence · text > 2m at 2.99 g/t Au from 86m #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Compositing Transparent** Polarity: positive Definition: Cut-off grade and internal dilution rules are clearly stated for reported intervals. Why it applies: cutoff\_grade and internal dilution are both stated **Stale Data Re-release** Polarity: negative Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty. Why it applies: the fact restates a prior release **Nearology Play** Polarity: neutral Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: proximity is offered as the value premise: "Extensive RC Program Beginning Shortly, 15 July 2025 • SAM geophysical survey commencing around Lighthorse, and explorat" ### KGRC25052 [Link to this fact](https://atlas-staging.minestarters.com/news/kal-annual-report-to-shareholders--6160eeac-9e65-4966-9d37-5ba6f6a5d727#fact-drill-facts-7) Pinjin South · gold Historical result Needs review: historical\_restatement #### Identity - Hole ID: KGRC25052 - Project: Pinjin South - Commodity: gold - Region: australia\_wa - Reported Region: australia\_wa - Ticker: KAL #### Geometry - Grade: 2.58 - Grade Unit: g/t - Intercept: 1 m - From: 90 m - To: 91 m - Intercept Depth: 84 m #### Classification - Program: exploration - Sample Type: drill - Group ID: KGRC25052:90-91 #### QA/QC - QP Signed: Yes - QA/QC Methods: standards #### Compositing - Cutoff Grade: 2 - Cutoff Unit: g/t Au - Dilution Disclosed: Yes - Max Dilution: 2 m #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Interp. Status: scored - Historical: Yes - Historical Source Date: 2025-12-19T00:00:00.000Z #### Dates - Event date: 2026-09-29T00:00:00.000Z Reasoning: This sub-interval shows a strong gold grade over a very narrow width, but it is a restatement of historical data. - Positive factor: Grade is strong for gold in an orogenic system. - Negative factor: Result is a restatement of previously reported data. Evidence · text > 1m at 2.58 g/t Au from 90m #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Compositing Transparent** Polarity: positive Definition: Cut-off grade and internal dilution rules are clearly stated for reported intervals. Why it applies: cutoff\_grade and internal dilution are both stated **Stale Data Re-release** Polarity: negative Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty. Why it applies: the fact restates a prior release **Nearology Play** Polarity: neutral Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: proximity is offered as the value premise: "Extensive RC Program Beginning Shortly, 15 July 2025 • SAM geophysical survey commencing around Lighthorse, and explorat" ### KGRC25053 [Link to this fact](https://atlas-staging.minestarters.com/news/kal-annual-report-to-shareholders--6160eeac-9e65-4966-9d37-5ba6f6a5d727#fact-drill-facts-8) Pinjin South · gold Historical result Needs review: historical\_restatement #### Identity - Hole ID: KGRC25053 - Project: Pinjin South - Commodity: gold - Region: australia\_wa - Reported Region: australia\_wa - Ticker: KAL #### Geometry - Grade: 0.59 - Grade Unit: g/t - Intercept: 6 m - From: 93 m - To: 99 m - Intercept Depth: 93 m #### Classification - Program: exploration - Sample Type: drill - Group ID: KGRC25053:93-99 #### QA/QC - QP Signed: Yes - QA/QC Methods: standards #### Compositing - Cutoff Grade: 0.5 - Cutoff Unit: g/t Au - Dilution Disclosed: Yes - Max Dilution: 2 m #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Interp. Status: scored - Historical: Yes - Historical Source Date: 2025-12-19T00:00:00.000Z #### Dates - Event date: 2026-09-29T00:00:00.000Z Reasoning: This intercept shows a moderate gold grade over a narrow width, but it is a restatement of historical data. - Negative factor: Grade is moderate for gold in an orogenic system, but close to the weak threshold. - Negative factor: Result is a restatement of previously reported data. Evidence · text > KGRC25053 6m at 0.59 g/t Au from 93m #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Compositing Transparent** Polarity: positive Definition: Cut-off grade and internal dilution rules are clearly stated for reported intervals. Why it applies: cutoff\_grade and internal dilution are both stated **Stale Data Re-release** Polarity: negative Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty. Why it applies: the fact restates a prior release **Nearology Play** Polarity: neutral Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: proximity is offered as the value premise: "Extensive RC Program Beginning Shortly, 15 July 2025 • SAM geophysical survey commencing around Lighthorse, and explorat" ### KGRC25053 [Link to this fact](https://atlas-staging.minestarters.com/news/kal-annual-report-to-shareholders--6160eeac-9e65-4966-9d37-5ba6f6a5d727#fact-drill-facts-9) Pinjin South · gold Historical result Needs review: historical\_restatement #### Identity - Hole ID: KGRC25053 - Project: Pinjin South - Commodity: gold - Region: australia\_wa - Reported Region: australia\_wa - Ticker: KAL #### Geometry - Grade: 1.62 - Grade Unit: g/t - Intercept: 2 m - From: 96 m - To: 98 m - Intercept Depth: 93 m #### Classification - Program: exploration - Sample Type: drill - Group ID: KGRC25053:96-98 #### QA/QC - QP Signed: Yes - QA/QC Methods: standards #### Compositing - Cutoff Grade: 0.5 - Cutoff Unit: g/t Au - Dilution Disclosed: Yes - Max Dilution: 2 m #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Interp. Status: scored - Historical: Yes - Historical Source Date: 2025-12-19T00:00:00.000Z #### Dates - Event date: 2026-09-29T00:00:00.000Z Reasoning: This sub-interval shows a strong gold grade over a narrow width, but it is a restatement of historical data. - Positive factor: Grade is strong for gold in an orogenic system. - Negative factor: Result is a restatement of previously reported data. Evidence · text > 2m at 1.62 g/t Au from 96m #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Compositing Transparent** Polarity: positive Definition: Cut-off grade and internal dilution rules are clearly stated for reported intervals. Why it applies: cutoff\_grade and internal dilution are both stated **Stale Data Re-release** Polarity: negative Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty. Why it applies: the fact restates a prior release **Nearology Play** Polarity: neutral Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: proximity is offered as the value premise: "Extensive RC Program Beginning Shortly, 15 July 2025 • SAM geophysical survey commencing around Lighthorse, and explorat" ### KGRC25053 [Link to this fact](https://atlas-staging.minestarters.com/news/kal-annual-report-to-shareholders--6160eeac-9e65-4966-9d37-5ba6f6a5d727#fact-drill-facts-10) Pinjin South · gold Historical result Needs review: historical\_restatement #### Identity - Hole ID: KGRC25053 - Project: Pinjin South - Commodity: gold - Region: australia\_wa - Reported Region: australia\_wa - Ticker: KAL #### Geometry - Grade: 2.29 - Grade Unit: g/t - Intercept: 1 m - From: 96 m - To: 97 m - Intercept Depth: 93 m #### Classification - Program: exploration - Sample Type: drill - Group ID: KGRC25053:96-97 #### QA/QC - QP Signed: Yes - QA/QC Methods: standards #### Compositing - Cutoff Grade: 2 - Cutoff Unit: g/t Au - Dilution Disclosed: Yes - Max Dilution: 2 m #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Interp. Status: scored - Historical: Yes - Historical Source Date: 2025-12-19T00:00:00.000Z #### Dates - Event date: 2026-09-29T00:00:00.000Z Reasoning: This sub-interval shows a strong gold grade over a very narrow width, but it is a restatement of historical data. - Positive factor: Grade is strong for gold in an orogenic system. - Negative factor: Result is a restatement of previously reported data. Evidence · text > 1m at 2.29 g/t Au from 96m #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Compositing Transparent** Polarity: positive Definition: Cut-off grade and internal dilution rules are clearly stated for reported intervals. Why it applies: cutoff\_grade and internal dilution are both stated **Stale Data Re-release** Polarity: negative Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty. Why it applies: the fact restates a prior release **Nearology Play** Polarity: neutral Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: proximity is offered as the value premise: "Extensive RC Program Beginning Shortly, 15 July 2025 • SAM geophysical survey commencing around Lighthorse, and explorat" ### KGRC25058 [Link to this fact](https://atlas-staging.minestarters.com/news/kal-annual-report-to-shareholders--6160eeac-9e65-4966-9d37-5ba6f6a5d727#fact-drill-facts-11) Pinjin South · gold Historical result Needs review: historical\_restatement #### Identity - Hole ID: KGRC25058 - Project: Pinjin South - Commodity: gold - Region: australia\_wa - Reported Region: australia\_wa - Ticker: KAL #### Geometry - Grade: 2.15 - Grade Unit: g/t - Intercept: 2 m - From: 82 m - To: 84 m - Intercept Depth: 82 m #### Classification - Program: exploration - Sample Type: drill - Group ID: KGRC25058:82-84 #### QA/QC - QP Signed: Yes - QA/QC Methods: standards #### Compositing - Cutoff Grade: 0.5 - Cutoff Unit: g/t Au - Dilution Disclosed: Yes - Max Dilution: 2 m #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Interp. Status: scored - Historical: Yes - Historical Source Date: 2025-12-19T00:00:00.000Z #### Dates - Event date: 2026-09-29T00:00:00.000Z Reasoning: This intercept shows a strong gold grade over a narrow width, but it is a restatement of historical data. - Positive factor: Grade is strong for gold in an orogenic system. - Negative factor: Result is a restatement of previously reported data. Evidence · text > KGRC25058 2m at 2.15 g/t Au from 82m #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Compositing Transparent** Polarity: positive Definition: Cut-off grade and internal dilution rules are clearly stated for reported intervals. Why it applies: cutoff\_grade and internal dilution are both stated **Stale Data Re-release** Polarity: negative Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty. Why it applies: the fact restates a prior release **Nearology Play** Polarity: neutral Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: proximity is offered as the value premise: "Extensive RC Program Beginning Shortly, 15 July 2025 • SAM geophysical survey commencing around Lighthorse, and explorat" ### KGRC25058 [Link to this fact](https://atlas-staging.minestarters.com/news/kal-annual-report-to-shareholders--6160eeac-9e65-4966-9d37-5ba6f6a5d727#fact-drill-facts-12) Pinjin South · gold Historical result Needs review: historical\_restatement #### Identity - Hole ID: KGRC25058 - Project: Pinjin South - Commodity: gold - Region: australia\_wa - Reported Region: australia\_wa - Ticker: KAL #### Geometry - Grade: 0.33 - Grade Unit: g/t - Intercept: 35 m - From: 90 m - To: 125 m - Intercept Depth: 82 m #### Classification - Program: exploration - Sample Type: drill - Group ID: KGRC25058:90-125 #### QA/QC - QP Signed: Yes - QA/QC Methods: standards #### Compositing - Cutoff Grade: 0.5 - Cutoff Unit: g/t Au - Dilution Disclosed: Yes - Max Dilution: 2 m #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Interp. Status: scored - Historical: Yes - Historical Source Date: 2025-12-19T00:00:00.000Z #### Dates - Event date: 2026-09-29T00:00:00.000Z Reasoning: This intercept shows a weak gold grade over a significant width, but it is a restatement of historical data. - Negative factor: Grade is weak for gold in an orogenic system. - Negative factor: Result is a restatement of previously reported data. Evidence · text > 35m at 0.33 g/t Au from 90m #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Compositing Transparent** Polarity: positive Definition: Cut-off grade and internal dilution rules are clearly stated for reported intervals. Why it applies: cutoff\_grade and internal dilution are both stated **Stale Data Re-release** Polarity: negative Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty. Why it applies: the fact restates a prior release **Nearology Play** Polarity: neutral Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: proximity is offered as the value premise: "Extensive RC Program Beginning Shortly, 15 July 2025 • SAM geophysical survey commencing around Lighthorse, and explorat" ### KGRC25058 [Link to this fact](https://atlas-staging.minestarters.com/news/kal-annual-report-to-shareholders--6160eeac-9e65-4966-9d37-5ba6f6a5d727#fact-drill-facts-13) Pinjin South · gold Historical result Needs review: historical\_restatement #### Identity - Hole ID: KGRC25058 - Project: Pinjin South - Commodity: gold - Region: australia\_wa - Reported Region: australia\_wa - Ticker: KAL #### Geometry - Grade: 1.61 - Grade Unit: g/t - Intercept: 1 m - From: 100 m - To: 101 m - Intercept Depth: 82 m #### Classification - Program: exploration - Sample Type: drill - Group ID: KGRC25058:100-101 #### QA/QC - QP Signed: Yes - QA/QC Methods: standards #### Compositing - Cutoff Grade: 0.5 - Cutoff Unit: g/t Au - Dilution Disclosed: Yes - Max Dilution: 2 m #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Interp. Status: scored - Historical: Yes - Historical Source Date: 2025-12-19T00:00:00.000Z #### Dates - Event date: 2026-09-29T00:00:00.000Z Reasoning: This sub-interval shows a strong gold grade over a very narrow width, but it is a restatement of historical data. - Positive factor: Grade is strong for gold in an orogenic system. - Negative factor: Result is a restatement of previously reported data. Evidence · text > 1m at 1.61 g/t Au from 100m #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Compositing Transparent** Polarity: positive Definition: Cut-off grade and internal dilution rules are clearly stated for reported intervals. Why it applies: cutoff\_grade and internal dilution are both stated **Stale Data Re-release** Polarity: negative Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty. Why it applies: the fact restates a prior release **Nearology Play** Polarity: neutral Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: proximity is offered as the value premise: "Extensive RC Program Beginning Shortly, 15 July 2025 • SAM geophysical survey commencing around Lighthorse, and explorat" ### KGRC25058 [Link to this fact](https://atlas-staging.minestarters.com/news/kal-annual-report-to-shareholders--6160eeac-9e65-4966-9d37-5ba6f6a5d727#fact-drill-facts-14) Pinjin South · gold Historical result Needs review: historical\_restatement #### Identity - Hole ID: KGRC25058 - Project: Pinjin South - Commodity: gold - Region: australia\_wa - Reported Region: australia\_wa - Ticker: KAL #### Geometry - Grade: 0.61 - Grade Unit: g/t - Intercept: 3 m - From: 108 m - To: 111 m - Intercept Depth: 82 m #### Classification - Program: exploration - Sample Type: drill - Group ID: KGRC25058:108-111 #### QA/QC - QP Signed: Yes - QA/QC Methods: standards #### Compositing - Cutoff Grade: 0.5 - Cutoff Unit: g/t Au - Dilution Disclosed: Yes - Max Dilution: 2 m #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Interp. Status: scored - Historical: Yes - Historical Source Date: 2025-12-19T00:00:00.000Z #### Dates - Event date: 2026-09-29T00:00:00.000Z Reasoning: This sub-interval shows a moderate gold grade over a narrow width, but it is a restatement of historical data. - Negative factor: Grade is moderate for gold in an orogenic system, but close to the weak threshold. - Negative factor: Result is a restatement of previously reported data. Evidence · text > 3m at 0.61 g/t Au from 108m #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Compositing Transparent** Polarity: positive Definition: Cut-off grade and internal dilution rules are clearly stated for reported intervals. Why it applies: cutoff\_grade and internal dilution are both stated **Stale Data Re-release** Polarity: negative Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty. Why it applies: the fact restates a prior release **Nearology Play** Polarity: neutral Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: proximity is offered as the value premise: "Extensive RC Program Beginning Shortly, 15 July 2025 • SAM geophysical survey commencing around Lighthorse, and explorat" ### KGRC25058 [Link to this fact](https://atlas-staging.minestarters.com/news/kal-annual-report-to-shareholders--6160eeac-9e65-4966-9d37-5ba6f6a5d727#fact-drill-facts-15) Pinjin South · gold Historical result Needs review: historical\_restatement #### Identity - Hole ID: KGRC25058 - Project: Pinjin South - Commodity: gold - Region: australia\_wa - Reported Region: australia\_wa - Ticker: KAL #### Geometry - Grade: 1.18 - Grade Unit: g/t - Intercept: 3 m - From: 120 m - To: 123 m - Intercept Depth: 82 m #### Classification - Program: exploration - Sample Type: drill - Group ID: KGRC25058:120-123 #### QA/QC - QP Signed: Yes - QA/QC Methods: standards #### Compositing - Cutoff Grade: 0.5 - Cutoff Unit: g/t Au - Dilution Disclosed: Yes - Max Dilution: 2 m #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Interp. Status: scored - Historical: Yes - Historical Source Date: 2025-12-19T00:00:00.000Z #### Dates - Event date: 2026-09-29T00:00:00.000Z Reasoning: This sub-interval shows a moderate gold grade over a narrow width, but it is a restatement of historical data. - Positive factor: Grade is moderate for gold in an orogenic system. - Negative factor: Result is a restatement of previously reported data. Evidence · text > 3m at 1.18 g/t Au from 120m #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Compositing Transparent** Polarity: positive Definition: Cut-off grade and internal dilution rules are clearly stated for reported intervals. Why it applies: cutoff\_grade and internal dilution are both stated **Stale Data Re-release** Polarity: negative Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty. Why it applies: the fact restates a prior release **Nearology Play** Polarity: neutral Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: proximity is offered as the value premise: "Extensive RC Program Beginning Shortly, 15 July 2025 • SAM geophysical survey commencing around Lighthorse, and explorat" ### KGRC25058 [Link to this fact](https://atlas-staging.minestarters.com/news/kal-annual-report-to-shareholders--6160eeac-9e65-4966-9d37-5ba6f6a5d727#fact-drill-facts-16) Pinjin South · gold Historical result Needs review: historical\_restatement #### Identity - Hole ID: KGRC25058 - Project: Pinjin South - Commodity: gold - Region: australia\_wa - Reported Region: australia\_wa - Ticker: KAL #### Geometry - Grade: 2.6 - Grade Unit: g/t - Intercept: 1 m - From: 120 m - To: 121 m - Intercept Depth: 82 m #### Classification - Program: exploration - Sample Type: drill - Group ID: KGRC25058:120-121 #### QA/QC - QP Signed: Yes - QA/QC Methods: standards #### Compositing - Cutoff Grade: 2 - Cutoff Unit: g/t Au - Dilution Disclosed: Yes - Max Dilution: 2 m #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Interp. Status: scored - Historical: Yes - Historical Source Date: 2025-12-19T00:00:00.000Z #### Dates - Event date: 2026-09-29T00:00:00.000Z Reasoning: This sub-interval shows a strong gold grade over a very narrow width, but it is a restatement of historical data. - Positive factor: Grade is strong for gold in an orogenic system. - Negative factor: Result is a restatement of previously reported data. Evidence · text > 1m at 2.60 g/t Au from 120m #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Compositing Transparent** Polarity: positive Definition: Cut-off grade and internal dilution rules are clearly stated for reported intervals. Why it applies: cutoff\_grade and internal dilution are both stated **Stale Data Re-release** Polarity: negative Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty. Why it applies: the fact restates a prior release **Nearology Play** Polarity: neutral Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: proximity is offered as the value premise: "Extensive RC Program Beginning Shortly, 15 July 2025 • SAM geophysical survey commencing around Lighthorse, and explorat" ### KGRC25058 [Link to this fact](https://atlas-staging.minestarters.com/news/kal-annual-report-to-shareholders--6160eeac-9e65-4966-9d37-5ba6f6a5d727#fact-drill-facts-17) Pinjin South · gold Historical result Needs review: historical\_restatement #### Identity - Hole ID: KGRC25058 - Project: Pinjin South - Commodity: gold - Region: australia\_wa - Reported Region: australia\_wa - Ticker: KAL #### Geometry - Grade: 0.47 - Grade Unit: g/t - Intercept: 4 m - From: 129 m - To: 133 m - Intercept Depth: 82 m #### Classification - Program: exploration - Sample Type: drill - Group ID: KGRC25058:129-133 #### QA/QC - QP Signed: Yes - QA/QC Methods: standards #### Compositing - Cutoff Grade: 0.5 - Cutoff Unit: g/t Au - Dilution Disclosed: Yes - Max Dilution: 2 m #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Interp. Status: scored - Historical: Yes - Historical Source Date: 2025-12-19T00:00:00.000Z #### Dates - Event date: 2026-09-29T00:00:00.000Z Reasoning: This sub-interval shows a weak gold grade over a narrow width, and it is a restatement of historical data. - Negative factor: Grade is weak for gold in an orogenic system. - Negative factor: Result is a restatement of previously reported data. Evidence · text > 4m at 0.47 g/t Au from 129m #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Compositing Transparent** Polarity: positive Definition: Cut-off grade and internal dilution rules are clearly stated for reported intervals. Why it applies: cutoff\_grade and internal dilution are both stated **Stale Data Re-release** Polarity: negative Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty. Why it applies: the fact restates a prior release **Nearology Play** Polarity: neutral Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: proximity is offered as the value premise: "Extensive RC Program Beginning Shortly, 15 July 2025 • SAM geophysical survey commencing around Lighthorse, and explorat" ### KGRC25058 [Link to this fact](https://atlas-staging.minestarters.com/news/kal-annual-report-to-shareholders--6160eeac-9e65-4966-9d37-5ba6f6a5d727#fact-drill-facts-18) Pinjin South · gold Historical result Needs review: historical\_restatement #### Identity - Hole ID: KGRC25058 - Project: Pinjin South - Commodity: gold - Region: australia\_wa - Reported Region: australia\_wa - Ticker: KAL #### Geometry - Grade: 1.15 - Grade Unit: g/t - Intercept: 1 m - From: 131 m - To: 132 m - Intercept Depth: 82 m #### Classification - Program: exploration - Sample Type: drill - Group ID: KGRC25058:131-132 #### QA/QC - QP Signed: Yes - QA/QC Methods: standards #### Compositing - Cutoff Grade: 0.5 - Cutoff Unit: g/t Au - Dilution Disclosed: Yes - Max Dilution: 2 m #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Interp. Status: scored - Historical: Yes - Historical Source Date: 2025-12-19T00:00:00.000Z #### Dates - Event date: 2026-09-29T00:00:00.000Z Reasoning: This sub-interval shows a moderate gold grade over a very narrow width, but it is a restatement of historical data. - Positive factor: Grade is moderate for gold in an orogenic system. - Negative factor: Result is a restatement of previously reported data. Evidence · text > 1m at 1.15 g/t Au from 131m #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Compositing Transparent** Polarity: positive Definition: Cut-off grade and internal dilution rules are clearly stated for reported intervals. Why it applies: cutoff\_grade and internal dilution are both stated **Stale Data Re-release** Polarity: negative Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty. Why it applies: the fact restates a prior release **Nearology Play** Polarity: neutral Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: proximity is offered as the value premise: "Extensive RC Program Beginning Shortly, 15 July 2025 • SAM geophysical survey commencing around Lighthorse, and explorat" ### KGRC25061 [Link to this fact](https://atlas-staging.minestarters.com/news/kal-annual-report-to-shareholders--6160eeac-9e65-4966-9d37-5ba6f6a5d727#fact-drill-facts-19) Pinjin South · gold Historical result Needs review: historical\_restatement #### Identity - Hole ID: KGRC25061 - Project: Pinjin South - Commodity: gold - Region: australia\_wa - Reported Region: australia\_wa - Ticker: KAL #### Geometry - Grade: 0.32 - Grade Unit: g/t - Intercept: 21 m - From: 48 m - To: 69 m - Intercept Depth: 48 m #### Classification - Program: exploration - Sample Type: drill - Group ID: KGRC25061:48-69 #### QA/QC - QP Signed: Yes - QA/QC Methods: standards #### Compositing - Cutoff Grade: 0.5 - Cutoff Unit: g/t Au - Dilution Disclosed: Yes - Max Dilution: 2 m #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Interp. Status: scored - Historical: Yes - Historical Source Date: 2025-12-19T00:00:00.000Z #### Dates - Event date: 2026-09-29T00:00:00.000Z Reasoning: This intercept shows a weak gold grade over a good width, but it is a restatement of historical data. - Negative factor: Grade is weak for gold in an orogenic system. - Negative factor: Result is a restatement of previously reported data. Evidence · text > KGRC25061 21m at 0.32 g/t Au from 48m #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Compositing Transparent** Polarity: positive Definition: Cut-off grade and internal dilution rules are clearly stated for reported intervals. Why it applies: cutoff\_grade and internal dilution are both stated **Stale Data Re-release** Polarity: negative Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty. Why it applies: the fact restates a prior release **Nearology Play** Polarity: neutral Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: proximity is offered as the value premise: "Extensive RC Program Beginning Shortly, 15 July 2025 • SAM geophysical survey commencing around Lighthorse, and explorat" ### KGRC25061 [Link to this fact](https://atlas-staging.minestarters.com/news/kal-annual-report-to-shareholders--6160eeac-9e65-4966-9d37-5ba6f6a5d727#fact-drill-facts-20) Pinjin South · gold Historical result Needs review: historical\_restatement #### Identity - Hole ID: KGRC25061 - Project: Pinjin South - Commodity: gold - Region: australia\_wa - Reported Region: australia\_wa - Ticker: KAL #### Geometry - Grade: 1.4 - Grade Unit: g/t - Intercept: 3 m - From: 57 m - To: 60 m - Intercept Depth: 48 m #### Classification - Program: exploration - Sample Type: drill - Group ID: KGRC25061:57-60 #### QA/QC - QP Signed: Yes - QA/QC Methods: standards #### Compositing - Cutoff Grade: 0.5 - Cutoff Unit: g/t Au - Dilution Disclosed: Yes - Max Dilution: 2 m #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Interp. Status: scored - Historical: Yes - Historical Source Date: 2025-12-19T00:00:00.000Z #### Dates - Event date: 2026-09-29T00:00:00.000Z Reasoning: This sub-interval shows a moderate gold grade over a narrow width, but it is a restatement of historical data. - Positive factor: Grade is moderate for gold in an orogenic system. - Negative factor: Result is a restatement of previously reported data. Evidence · text > 3m at 1.40 g/t Au from 57m #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Compositing Transparent** Polarity: positive Definition: Cut-off grade and internal dilution rules are clearly stated for reported intervals. Why it applies: cutoff\_grade and internal dilution are both stated **Stale Data Re-release** Polarity: negative Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty. Why it applies: the fact restates a prior release **Nearology Play** Polarity: neutral Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: proximity is offered as the value premise: "Extensive RC Program Beginning Shortly, 15 July 2025 • SAM geophysical survey commencing around Lighthorse, and explorat" ### KGRC25061 [Link to this fact](https://atlas-staging.minestarters.com/news/kal-annual-report-to-shareholders--6160eeac-9e65-4966-9d37-5ba6f6a5d727#fact-drill-facts-21) Pinjin South · gold Historical result Needs review: historical\_restatement #### Identity - Hole ID: KGRC25061 - Project: Pinjin South - Commodity: gold - Region: australia\_wa - Reported Region: australia\_wa - Ticker: KAL #### Geometry - Grade: 2.21 - Grade Unit: g/t - Intercept: 1 m - From: 57 m - To: 58 m - Intercept Depth: 48 m #### Classification - Program: exploration - Sample Type: drill - Group ID: KGRC25061:57-58 #### QA/QC - QP Signed: Yes - QA/QC Methods: standards #### Compositing - Cutoff Grade: 2 - Cutoff Unit: g/t Au - Dilution Disclosed: Yes - Max Dilution: 2 m #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Interp. Status: scored - Historical: Yes - Historical Source Date: 2025-12-19T00:00:00.000Z #### Dates - Event date: 2026-09-29T00:00:00.000Z Reasoning: This sub-interval shows a strong gold grade over a very narrow width, but it is a restatement of historical data. - Positive factor: Grade is strong for gold in an orogenic system. - Negative factor: Result is a restatement of previously reported data. Evidence · text > 1m at 2.21 g/t Au from 57m #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Compositing Transparent** Polarity: positive Definition: Cut-off grade and internal dilution rules are clearly stated for reported intervals. Why it applies: cutoff\_grade and internal dilution are both stated **Stale Data Re-release** Polarity: negative Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty. Why it applies: the fact restates a prior release **Nearology Play** Polarity: neutral Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: proximity is offered as the value premise: "Extensive RC Program Beginning Shortly, 15 July 2025 • SAM geophysical survey commencing around Lighthorse, and explorat" ### KGRC25062 [Link to this fact](https://atlas-staging.minestarters.com/news/kal-annual-report-to-shareholders--6160eeac-9e65-4966-9d37-5ba6f6a5d727#fact-drill-facts-22) Pinjin South · gold Historical result Needs review: historical\_restatement #### Identity - Hole ID: KGRC25062 - Project: Pinjin South - Commodity: gold - Region: australia\_wa - Reported Region: australia\_wa - Ticker: KAL #### Geometry - Grade: 0.18 - Grade Unit: g/t - Intercept: 9 m - From: 72 m - To: 81 m - Intercept Depth: 72 m #### Classification - Program: exploration - Sample Type: drill - Group ID: KGRC25062:72-81 #### QA/QC - QP Signed: Yes - QA/QC Methods: standards #### Compositing - Cutoff Grade: 0.5 - Cutoff Unit: g/t Au - Dilution Disclosed: Yes - Max Dilution: 2 m #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Interp. Status: scored - Historical: Yes - Historical Source Date: 2025-12-19T00:00:00.000Z #### Dates - Event date: 2026-09-29T00:00:00.000Z Reasoning: This intercept shows a weak gold grade over a narrow width, and it is a restatement of historical data. - Negative factor: Grade is weak for gold in an orogenic system. - Negative factor: Result is a restatement of previously reported data. Evidence · text > KGRC25062 9m at 0.18 g/t Au from 72m #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Compositing Transparent** Polarity: positive Definition: Cut-off grade and internal dilution rules are clearly stated for reported intervals. Why it applies: cutoff\_grade and internal dilution are both stated **Stale Data Re-release** Polarity: negative Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty. Why it applies: the fact restates a prior release **Nearology Play** Polarity: neutral Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: proximity is offered as the value premise: "Extensive RC Program Beginning Shortly, 15 July 2025 • SAM geophysical survey commencing around Lighthorse, and explorat" ### KGRC25062 [Link to this fact](https://atlas-staging.minestarters.com/news/kal-annual-report-to-shareholders--6160eeac-9e65-4966-9d37-5ba6f6a5d727#fact-drill-facts-23) Pinjin South · gold Historical result Needs review: historical\_restatement #### Identity - Hole ID: KGRC25062 - Project: Pinjin South - Commodity: gold - Region: australia\_wa - Reported Region: australia\_wa - Ticker: KAL #### Geometry - Grade: 0.61 - Grade Unit: g/t - Intercept: 1 m - From: 76 m - To: 77 m - Intercept Depth: 72 m #### Classification - Program: exploration - Sample Type: drill - Group ID: KGRC25062:76-77 #### QA/QC - QP Signed: Yes - QA/QC Methods: standards #### Compositing - Cutoff Grade: 0.5 - Cutoff Unit: g/t Au - Dilution Disclosed: Yes - Max Dilution: 2 m #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Interp. Status: scored - Historical: Yes - Historical Source Date: 2025-12-19T00:00:00.000Z #### Dates - Event date: 2026-09-29T00:00:00.000Z Reasoning: This sub-interval shows a moderate gold grade over a very narrow width, but it is a restatement of historical data. - Negative factor: Grade is moderate for gold in an orogenic system, but close to the weak threshold. - Negative factor: Result is a restatement of previously reported data. Evidence · text > 1m at 0.61 g/t Au from 76m #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Compositing Transparent** Polarity: positive Definition: Cut-off grade and internal dilution rules are clearly stated for reported intervals. Why it applies: cutoff\_grade and internal dilution are both stated **Stale Data Re-release** Polarity: negative Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty. Why it applies: the fact restates a prior release **Nearology Play** Polarity: neutral Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: proximity is offered as the value premise: "Extensive RC Program Beginning Shortly, 15 July 2025 • SAM geophysical survey commencing around Lighthorse, and explorat" ### KGRC26023 [Link to this fact](https://atlas-staging.minestarters.com/news/kal-annual-report-to-shareholders--6160eeac-9e65-4966-9d37-5ba6f6a5d727#fact-drill-facts-24) Pinjin South · gold Historical result Needs review: historical\_restatement #### Identity - Hole ID: KGRC26023 - Project: Pinjin South - Commodity: gold - Region: australia\_wa - Reported Region: australia\_wa - Ticker: KAL #### Geometry - Grade: 0.71 - Grade Unit: g/t - Intercept: 7 m - From: 48 m - To: 55 m - Intercept Depth: 48 m #### Classification - Program: mixed - Sample Type: drill - Group ID: KGRC26023:48-55 #### QA/QC - QP Signed: Yes - QA/QC Methods: standards #### Compositing - Cutoff Grade: 0.5 - Cutoff Unit: g/t Au - Dilution Disclosed: Yes - Max Dilution: 2 m #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Interp. Status: scored - Historical: Yes - Historical Source Date: 2026-09-02T00:00:00.000Z #### Dates - Event date: 2026-09-29T00:00:00.000Z Reasoning: This intercept shows a moderate gold grade over a narrow width, but it is a restatement of historical data. - Negative factor: Grade is moderate for gold in an orogenic system, but close to the weak threshold. - Negative factor: Result is a restatement of previously reported data. Evidence · text > KGRC26023 7m at 0.71 g/t Au from 48m #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Compositing Transparent** Polarity: positive Definition: Cut-off grade and internal dilution rules are clearly stated for reported intervals. Why it applies: cutoff\_grade and internal dilution are both stated **Stale Data Re-release** Polarity: negative Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty. Why it applies: the fact restates a prior release **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "mixed" **Nearology Play** Polarity: neutral Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: proximity is offered as the value premise: "Extensive RC Program Beginning Shortly, 15 July 2025 • SAM geophysical survey commencing around Lighthorse, and explorat" ### KGRC26023 [Link to this fact](https://atlas-staging.minestarters.com/news/kal-annual-report-to-shareholders--6160eeac-9e65-4966-9d37-5ba6f6a5d727#fact-drill-facts-25) Pinjin South · gold Historical result Needs review: historical\_restatement #### Identity - Hole ID: KGRC26023 - Project: Pinjin South - Commodity: gold - Region: australia\_wa - Reported Region: australia\_wa - Ticker: KAL #### Geometry - Grade: 1.1 - Grade Unit: g/t - Intercept: 4 m - From: 49 m - To: 53 m - Intercept Depth: 48 m #### Classification - Program: mixed - Sample Type: drill - Group ID: KGRC26023:49-53 #### QA/QC - QP Signed: Yes - QA/QC Methods: standards #### Compositing - Cutoff Grade: 0.5 - Cutoff Unit: g/t Au - Dilution Disclosed: Yes - Max Dilution: 2 m #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Interp. Status: scored - Historical: Yes - Historical Source Date: 2026-09-02T00:00:00.000Z #### Dates - Event date: 2026-09-29T00:00:00.000Z Reasoning: This sub-interval shows a moderate gold grade over a narrow width, but it is a restatement of historical data. - Positive factor: Grade is moderate for gold in an orogenic system. - Negative factor: Result is a restatement of previously reported data. Evidence · text > 4m at 1.10 g/t Au from 49m #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Compositing Transparent** Polarity: positive Definition: Cut-off grade and internal dilution rules are clearly stated for reported intervals. Why it applies: cutoff\_grade and internal dilution are both stated **Stale Data Re-release** Polarity: negative Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty. Why it applies: the fact restates a prior release **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "mixed" **Nearology Play** Polarity: neutral Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: proximity is offered as the value premise: "Extensive RC Program Beginning Shortly, 15 July 2025 • SAM geophysical survey commencing around Lighthorse, and explorat" ### KGRC26023 [Link to this fact](https://atlas-staging.minestarters.com/news/kal-annual-report-to-shareholders--6160eeac-9e65-4966-9d37-5ba6f6a5d727#fact-drill-facts-26) Pinjin South · gold Historical result Needs review: historical\_restatement #### Identity - Hole ID: KGRC26023 - Project: Pinjin South - Commodity: gold - Region: australia\_wa - Reported Region: australia\_wa - Ticker: KAL #### Geometry - Grade: 2.69 - Grade Unit: g/t - Intercept: 1 m - From: 49 m - To: 50 m - Intercept Depth: 48 m #### Classification - Program: mixed - Sample Type: drill - Group ID: KGRC26023:49-50 #### QA/QC - QP Signed: Yes - QA/QC Methods: standards #### Compositing - Cutoff Grade: 2 - Cutoff Unit: g/t Au - Dilution Disclosed: Yes - Max Dilution: 2 m #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Interp. Status: scored - Historical: Yes - Historical Source Date: 2026-09-02T00:00:00.000Z #### Dates - Event date: 2026-09-29T00:00:00.000Z Reasoning: This sub-interval shows a strong gold grade over a very narrow width, but it is a restatement of historical data. - Positive factor: Grade is strong for gold in an orogenic system. - Negative factor: Result is a restatement of previously reported data. Evidence · text > 1m at 2.69 g/t Au from 49m #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Compositing Transparent** Polarity: positive Definition: Cut-off grade and internal dilution rules are clearly stated for reported intervals. Why it applies: cutoff\_grade and internal dilution are both stated **Stale Data Re-release** Polarity: negative Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty. Why it applies: the fact restates a prior release **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "mixed" **Nearology Play** Polarity: neutral Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: proximity is offered as the value premise: "Extensive RC Program Beginning Shortly, 15 July 2025 • SAM geophysical survey commencing around Lighthorse, and explorat" ### KGRC26023 [Link to this fact](https://atlas-staging.minestarters.com/news/kal-annual-report-to-shareholders--6160eeac-9e65-4966-9d37-5ba6f6a5d727#fact-drill-facts-27) Pinjin South · gold Historical result Needs review: historical\_restatement #### Identity - Hole ID: KGRC26023 - Project: Pinjin South - Commodity: gold - Region: australia\_wa - Reported Region: australia\_wa - Ticker: KAL #### Geometry - Grade: 1.01 - Grade Unit: g/t - Intercept: 7 m - From: 67 m - To: 74 m - Intercept Depth: 48 m #### Classification - Program: mixed - Sample Type: drill - Group ID: KGRC26023:67-74 #### QA/QC - QP Signed: Yes - QA/QC Methods: standards #### Compositing - Cutoff Grade: 0.5 - Cutoff Unit: g/t Au - Dilution Disclosed: Yes - Max Dilution: 2 m #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Interp. Status: scored - Historical: Yes - Historical Source Date: 2026-09-02T00:00:00.000Z #### Dates - Event date: 2026-09-29T00:00:00.000Z Reasoning: This intercept shows a moderate gold grade over a narrow width, but it is a restatement of historical data. - Positive factor: Grade is moderate for gold in an orogenic system. - Negative factor: Result is a restatement of previously reported data. Evidence · text > 7m at 1.01 g/t Au from 67m #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Compositing Transparent** Polarity: positive Definition: Cut-off grade and internal dilution rules are clearly stated for reported intervals. Why it applies: cutoff\_grade and internal dilution are both stated **Stale Data Re-release** Polarity: negative Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty. Why it applies: the fact restates a prior release **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "mixed" **Nearology Play** Polarity: neutral Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: proximity is offered as the value premise: "Extensive RC Program Beginning Shortly, 15 July 2025 • SAM geophysical survey commencing around Lighthorse, and explorat" ### KGRC26023 [Link to this fact](https://atlas-staging.minestarters.com/news/kal-annual-report-to-shareholders--6160eeac-9e65-4966-9d37-5ba6f6a5d727#fact-drill-facts-28) Pinjin South · gold Historical result Needs review: historical\_restatement #### Identity - Hole ID: KGRC26023 - Project: Pinjin South - Commodity: gold - Region: australia\_wa - Reported Region: australia\_wa - Ticker: KAL #### Geometry - Grade: 2.05 - Grade Unit: g/t - Intercept: 3 m - From: 67 m - To: 70 m - Intercept Depth: 48 m #### Classification - Program: mixed - Sample Type: drill - Group ID: KGRC26023:67-70 #### QA/QC - QP Signed: Yes - QA/QC Methods: standards #### Compositing - Cutoff Grade: 0.5 - Cutoff Unit: g/t Au - Dilution Disclosed: Yes - Max Dilution: 2 m #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Interp. Status: scored - Historical: Yes - Historical Source Date: 2026-09-02T00:00:00.000Z #### Dates - Event date: 2026-09-29T00:00:00.000Z Reasoning: This sub-interval shows a strong gold grade over a narrow width, but it is a restatement of historical data. - Positive factor: Grade is strong for gold in an orogenic system. - Negative factor: Result is a restatement of previously reported data. Evidence · text > 3m at 2.05 g/t Au from 67m #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Compositing Transparent** Polarity: positive Definition: Cut-off grade and internal dilution rules are clearly stated for reported intervals. Why it applies: cutoff\_grade and internal dilution are both stated **Stale Data Re-release** Polarity: negative Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty. Why it applies: the fact restates a prior release **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "mixed" **Nearology Play** Polarity: neutral Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: proximity is offered as the value premise: "Extensive RC Program Beginning Shortly, 15 July 2025 • SAM geophysical survey commencing around Lighthorse, and explorat" ### KGRC26023 [Link to this fact](https://atlas-staging.minestarters.com/news/kal-annual-report-to-shareholders--6160eeac-9e65-4966-9d37-5ba6f6a5d727#fact-drill-facts-29) Pinjin South · gold Historical result Needs review: historical\_restatement #### Identity - Hole ID: KGRC26023 - Project: Pinjin South - Commodity: gold - Region: australia\_wa - Reported Region: australia\_wa - Ticker: KAL #### Geometry - Grade: 2.64 - Grade Unit: g/t - Intercept: 2 m - From: 67 m - To: 69 m - Intercept Depth: 48 m #### Classification - Program: mixed - Sample Type: drill - Group ID: KGRC26023:67-69 #### QA/QC - QP Signed: Yes - QA/QC Methods: standards #### Compositing - Cutoff Grade: 2 - Cutoff Unit: g/t Au - Dilution Disclosed: Yes - Max Dilution: 2 m #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Interp. Status: scored - Historical: Yes - Historical Source Date: 2026-09-02T00:00:00.000Z #### Dates - Event date: 2026-09-29T00:00:00.000Z Reasoning: This sub-interval shows a strong gold grade over a narrow width, but it is a restatement of historical data. - Positive factor: Grade is strong for gold in an orogenic system. - Negative factor: Result is a restatement of previously reported data. Evidence · text > 2m at 2.64 g/t Au from 67m #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Compositing Transparent** Polarity: positive Definition: Cut-off grade and internal dilution rules are clearly stated for reported intervals. Why it applies: cutoff\_grade and internal dilution are both stated **Stale Data Re-release** Polarity: negative Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty. Why it applies: the fact restates a prior release **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "mixed" **Nearology Play** Polarity: neutral Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: proximity is offered as the value premise: "Extensive RC Program Beginning Shortly, 15 July 2025 • SAM geophysical survey commencing around Lighthorse, and explorat" ### KGRC26025 [Link to this fact](https://atlas-staging.minestarters.com/news/kal-annual-report-to-shareholders--6160eeac-9e65-4966-9d37-5ba6f6a5d727#fact-drill-facts-30) Pinjin South · gold Historical result Needs review: historical\_restatement #### Identity - Hole ID: KGRC26025 - Project: Pinjin South - Commodity: gold - Region: australia\_wa - Reported Region: australia\_wa - Ticker: KAL #### Geometry - Grade: 4.16 - Grade Unit: g/t - Intercept: 7 m - From: 54 m - To: 61 m - Intercept Depth: 54 m #### Classification - Program: mixed - Sample Type: drill - Group ID: KGRC26025:54-61 #### QA/QC - QP Signed: Yes - QA/QC Methods: standards #### Compositing - Cutoff Grade: 0.5 - Cutoff Unit: g/t Au - Dilution Disclosed: Yes - Max Dilution: 2 m #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Interp. Status: scored - Historical: Yes - Historical Source Date: 2026-09-02T00:00:00.000Z #### Dates - Event date: 2026-09-29T00:00:00.000Z Reasoning: This intercept shows a strong gold grade over a good width, but it is a restatement of historical data. - Positive factor: Grade is strong for gold in an orogenic system. - Negative factor: Result is a restatement of previously reported data. Evidence · text > KGRC26025 7m at 4.16 g/t Au from 54m #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Compositing Transparent** Polarity: positive Definition: Cut-off grade and internal dilution rules are clearly stated for reported intervals. Why it applies: cutoff\_grade and internal dilution are both stated **Stale Data Re-release** Polarity: negative Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty. Why it applies: the fact restates a prior release **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "mixed" **Nearology Play** Polarity: neutral Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: proximity is offered as the value premise: "Extensive RC Program Beginning Shortly, 15 July 2025 • SAM geophysical survey commencing around Lighthorse, and explorat" ### KGRC26025 [Link to this fact](https://atlas-staging.minestarters.com/news/kal-annual-report-to-shareholders--6160eeac-9e65-4966-9d37-5ba6f6a5d727#fact-drill-facts-31) Pinjin South · gold Historical result Needs review: historical\_restatement #### Identity - Hole ID: KGRC26025 - Project: Pinjin South - Commodity: gold - Region: australia\_wa - Reported Region: australia\_wa - Ticker: KAL #### Geometry - Grade: 4.86 - Grade Unit: g/t - Intercept: 6 m - From: 54 m - To: 60 m - Intercept Depth: 54 m #### Classification - Program: mixed - Sample Type: drill - Group ID: KGRC26025:54-60 #### QA/QC - QP Signed: Yes - QA/QC Methods: standards #### Compositing - Cutoff Grade: 0.5 - Cutoff Unit: g/t Au - Dilution Disclosed: Yes - Max Dilution: 2 m #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Interp. Status: scored - Historical: Yes - Historical Source Date: 2026-09-02T00:00:00.000Z #### Dates - Event date: 2026-09-29T00:00:00.000Z Reasoning: This sub-interval shows a strong gold grade over a good width, but it is a restatement of historical data. - Positive factor: Grade is strong for gold in an orogenic system, approaching exceptional. - Negative factor: Result is a restatement of previously reported data. Evidence · text > 6m at 4.86 g/t Au from 54m #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Compositing Transparent** Polarity: positive Definition: Cut-off grade and internal dilution rules are clearly stated for reported intervals. Why it applies: cutoff\_grade and internal dilution are both stated **Stale Data Re-release** Polarity: negative Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty. Why it applies: the fact restates a prior release **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "mixed" **Nearology Play** Polarity: neutral Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: proximity is offered as the value premise: "Extensive RC Program Beginning Shortly, 15 July 2025 • SAM geophysical survey commencing around Lighthorse, and explorat" ### KGRC26025 [Link to this fact](https://atlas-staging.minestarters.com/news/kal-annual-report-to-shareholders--6160eeac-9e65-4966-9d37-5ba6f6a5d727#fact-drill-facts-32) Pinjin South · gold Historical result Needs review: historical\_restatement #### Identity - Hole ID: KGRC26025 - Project: Pinjin South - Commodity: gold - Region: australia\_wa - Reported Region: australia\_wa - Ticker: KAL #### Geometry - Grade: 8.82 - Grade Unit: g/t - Intercept: 3 m - From: 55 m - To: 58 m - Intercept Depth: 54 m #### Classification - Program: mixed - Sample Type: drill - Group ID: KGRC26025:55-58 #### QA/QC - QP Signed: Yes - QA/QC Methods: standards #### Compositing - Cutoff Grade: 2 - Cutoff Unit: g/t Au - Dilution Disclosed: Yes - Max Dilution: 2 m #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Interp. Status: scored - Historical: Yes - Historical Source Date: 2026-09-02T00:00:00.000Z #### Dates - Event date: 2026-09-29T00:00:00.000Z Reasoning: This sub-interval shows an exceptional gold grade over a narrow width, but it is a restatement of historical data. - Positive factor: Grade is exceptional for gold in an orogenic system. - Negative factor: Result is a restatement of previously reported data. Evidence · text > 3m at 8.82 g/t Au from 55m #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Compositing Transparent** Polarity: positive Definition: Cut-off grade and internal dilution rules are clearly stated for reported intervals. Why it applies: cutoff\_grade and internal dilution are both stated **Stale Data Re-release** Polarity: negative Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty. Why it applies: the fact restates a prior release **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "mixed" **Nearology Play** Polarity: neutral Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: proximity is offered as the value premise: "Extensive RC Program Beginning Shortly, 15 July 2025 • SAM geophysical survey commencing around Lighthorse, and explorat" ### KGRC26028 [Link to this fact](https://atlas-staging.minestarters.com/news/kal-annual-report-to-shareholders--6160eeac-9e65-4966-9d37-5ba6f6a5d727#fact-drill-facts-33) Pinjin South · gold Historical result Needs review: historical\_restatement #### Identity - Hole ID: KGRC26028 - Project: Pinjin South - Commodity: gold - Region: australia\_wa - Reported Region: australia\_wa - Ticker: KAL #### Geometry - Grade: 0.25 - Grade Unit: g/t - Intercept: 22 m - From: 104 m - To: 126 m - Intercept Depth: 104 m #### Classification - Program: mixed - Sample Type: drill - Group ID: KGRC26028:104-126 #### QA/QC - QP Signed: Yes - QA/QC Methods: standards #### Compositing - Cutoff Grade: 0.5 - Cutoff Unit: g/t Au - Dilution Disclosed: Yes - Max Dilution: 2 m #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Interp. Status: scored - Historical: Yes - Historical Source Date: 2026-09-02T00:00:00.000Z #### Dates - Event date: 2026-09-29T00:00:00.000Z Reasoning: This intercept shows a weak gold grade over a good width, and it is a restatement of historical data. - Negative factor: Grade is weak for gold in an orogenic system. - Negative factor: Result is a restatement of previously reported data. Evidence · text > KGRC26028 22m at 0.25 g/t Au from 104m #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Compositing Transparent** Polarity: positive Definition: Cut-off grade and internal dilution rules are clearly stated for reported intervals. Why it applies: cutoff\_grade and internal dilution are both stated **Stale Data Re-release** Polarity: negative Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty. Why it applies: the fact restates a prior release **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "mixed" **Nearology Play** Polarity: neutral Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: proximity is offered as the value premise: "Extensive RC Program Beginning Shortly, 15 July 2025 • SAM geophysical survey commencing around Lighthorse, and explorat" ### KGRC26028 [Link to this fact](https://atlas-staging.minestarters.com/news/kal-annual-report-to-shareholders--6160eeac-9e65-4966-9d37-5ba6f6a5d727#fact-drill-facts-34) Pinjin South · gold Historical result Needs review: historical\_restatement #### Identity - Hole ID: KGRC26028 - Project: Pinjin South - Commodity: gold - Region: australia\_wa - Reported Region: australia\_wa - Ticker: KAL #### Geometry - Grade: 3.06 - Grade Unit: g/t - Intercept: 1 m - From: 107 m - To: 108 m - Intercept Depth: 104 m #### Classification - Program: mixed - Sample Type: drill - Group ID: KGRC26028:107-108 #### QA/QC - QP Signed: Yes - QA/QC Methods: standards #### Compositing - Cutoff Grade: 0.5 - Cutoff Unit: g/t Au - Dilution Disclosed: Yes - Max Dilution: 2 m #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Interp. Status: scored - Historical: Yes - Historical Source Date: 2026-09-02T00:00:00.000Z #### Dates - Event date: 2026-09-29T00:00:00.000Z Reasoning: This sub-interval shows a strong gold grade over a very narrow width, but it is a restatement of historical data. - Positive factor: Grade is strong for gold in an orogenic system. - Negative factor: Result is a restatement of previously reported data. Evidence · text > 1m at 3.06 g/t Au from 107m #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Compositing Transparent** Polarity: positive Definition: Cut-off grade and internal dilution rules are clearly stated for reported intervals. Why it applies: cutoff\_grade and internal dilution are both stated **Stale Data Re-release** Polarity: negative Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty. Why it applies: the fact restates a prior release **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "mixed" **Nearology Play** Polarity: neutral Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: proximity is offered as the value premise: "Extensive RC Program Beginning Shortly, 15 July 2025 • SAM geophysical survey commencing around Lighthorse, and explorat" ### KGRC26028 [Link to this fact](https://atlas-staging.minestarters.com/news/kal-annual-report-to-shareholders--6160eeac-9e65-4966-9d37-5ba6f6a5d727#fact-drill-facts-35) Pinjin South · gold Historical result Needs review: historical\_restatement #### Identity - Hole ID: KGRC26028 - Project: Pinjin South - Commodity: gold - Region: australia\_wa - Reported Region: australia\_wa - Ticker: KAL #### Geometry - Grade: 0.45 - Grade Unit: g/t - Intercept: 6 m - From: 186 m - To: 192 m - Intercept Depth: 104 m #### Classification - Program: mixed - Sample Type: drill - Group ID: KGRC26028:186-192 #### QA/QC - QP Signed: Yes - QA/QC Methods: standards #### Compositing - Cutoff Grade: 0.5 - Cutoff Unit: g/t Au - Dilution Disclosed: Yes - Max Dilution: 2 m #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Interp. Status: scored - Historical: Yes - Historical Source Date: 2026-09-02T00:00:00.000Z #### Dates - Event date: 2026-09-29T00:00:00.000Z Reasoning: This intercept shows a weak gold grade over a narrow width, and it is a restatement of historical data. - Negative factor: Grade is weak for gold in an orogenic system. - Negative factor: Result is a restatement of previously reported data. Evidence · text > 6m at 0.45 g/t Au from 186m #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Compositing Transparent** Polarity: positive Definition: Cut-off grade and internal dilution rules are clearly stated for reported intervals. Why it applies: cutoff\_grade and internal dilution are both stated **Stale Data Re-release** Polarity: negative Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty. Why it applies: the fact restates a prior release **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "mixed" **Nearology Play** Polarity: neutral Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: proximity is offered as the value premise: "Extensive RC Program Beginning Shortly, 15 July 2025 • SAM geophysical survey commencing around Lighthorse, and explorat" ### KGRC26028 [Link to this fact](https://atlas-staging.minestarters.com/news/kal-annual-report-to-shareholders--6160eeac-9e65-4966-9d37-5ba6f6a5d727#fact-drill-facts-36) Pinjin South · gold Historical result Needs review: historical\_restatement #### Identity - Hole ID: KGRC26028 - Project: Pinjin South - Commodity: gold - Region: australia\_wa - Reported Region: australia\_wa - Ticker: KAL #### Geometry - Grade: 2.23 - Grade Unit: g/t - Intercept: 1 m - From: 191 m - To: 192 m - Intercept Depth: 104 m #### Classification - Program: mixed - Sample Type: drill - Group ID: KGRC26028:191-192 #### QA/QC - QP Signed: Yes - QA/QC Methods: standards #### Compositing - Cutoff Grade: 2 - Cutoff Unit: g/t Au - Dilution Disclosed: Yes - Max Dilution: 2 m #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Interp. Status: scored - Historical: Yes - Historical Source Date: 2026-09-02T00:00:00.000Z #### Dates - Event date: 2026-09-29T00:00:00.000Z Reasoning: This sub-interval shows a strong gold grade over a very narrow width, but it is a restatement of historical data. - Positive factor: Grade is strong for gold in an orogenic system. - Negative factor: Result is a restatement of previously reported data. Evidence · text > 1m at 2.23 g/t Au from 191m #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Compositing Transparent** Polarity: positive Definition: Cut-off grade and internal dilution rules are clearly stated for reported intervals. Why it applies: cutoff\_grade and internal dilution are both stated **Stale Data Re-release** Polarity: negative Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty. Why it applies: the fact restates a prior release **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "mixed" **Nearology Play** Polarity: neutral Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: proximity is offered as the value premise: "Extensive RC Program Beginning Shortly, 15 July 2025 • SAM geophysical survey commencing around Lighthorse, and explorat" ### KGRC26029 [Link to this fact](https://atlas-staging.minestarters.com/news/kal-annual-report-to-shareholders--6160eeac-9e65-4966-9d37-5ba6f6a5d727#fact-drill-facts-37) Pinjin South · gold Historical result Needs review: historical\_restatement #### Identity - Hole ID: KGRC26029 - Project: Pinjin South - Commodity: gold - Region: australia\_wa - Reported Region: australia\_wa - Ticker: KAL #### Geometry - Grade: 1.01 - Grade Unit: g/t - Intercept: 11 m - From: 54 m - To: 65 m - Intercept Depth: 54 m #### Classification - Program: mixed - Sample Type: drill - Group ID: KGRC26029:54-65 #### QA/QC - QP Signed: Yes - QA/QC Methods: standards #### Compositing - Cutoff Grade: 0.5 - Cutoff Unit: g/t Au - Dilution Disclosed: Yes - Max Dilution: 2 m #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Interp. Status: scored - Historical: Yes - Historical Source Date: 2026-09-02T00:00:00.000Z #### Dates - Event date: 2026-09-29T00:00:00.000Z Reasoning: This intercept shows a moderate gold grade over a good width, but it is a restatement of historical data. - Positive factor: Grade is moderate for gold in an orogenic system. - Negative factor: Result is a restatement of previously reported data. Evidence · text > KGRC26029 11m at 1.01 g/t Au from 54m #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Compositing Transparent** Polarity: positive Definition: Cut-off grade and internal dilution rules are clearly stated for reported intervals. Why it applies: cutoff\_grade and internal dilution are both stated **Stale Data Re-release** Polarity: negative Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty. Why it applies: the fact restates a prior release **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "mixed" **Nearology Play** Polarity: neutral Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: proximity is offered as the value premise: "Extensive RC Program Beginning Shortly, 15 July 2025 • SAM geophysical survey commencing around Lighthorse, and explorat" ### KGRC26029 [Link to this fact](https://atlas-staging.minestarters.com/news/kal-annual-report-to-shareholders--6160eeac-9e65-4966-9d37-5ba6f6a5d727#fact-drill-facts-38) Pinjin South · gold Historical result Needs review: historical\_restatement #### Identity - Hole ID: KGRC26029 - Project: Pinjin South - Commodity: gold - Region: australia\_wa - Reported Region: australia\_wa - Ticker: KAL #### Geometry - Grade: 1.74 - Grade Unit: g/t - Intercept: 5 m - From: 54 m - To: 59 m - Intercept Depth: 54 m #### Classification - Program: mixed - Sample Type: drill - Group ID: KGRC26029:54-59 #### QA/QC - QP Signed: Yes - QA/QC Methods: standards #### Compositing - Cutoff Grade: 0.5 - Cutoff Unit: g/t Au - Dilution Disclosed: Yes - Max Dilution: 2 m #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Interp. Status: scored - Historical: Yes - Historical Source Date: 2026-09-02T00:00:00.000Z #### Dates - Event date: 2026-09-29T00:00:00.000Z Reasoning: This sub-interval shows a strong gold grade over a moderate width, but it is a restatement of historical data. - Positive factor: Grade is strong for gold in an orogenic system. - Negative factor: Result is a restatement of previously reported data. Evidence · text > 5m at 1.74 g/t Au from 54m #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Compositing Transparent** Polarity: positive Definition: Cut-off grade and internal dilution rules are clearly stated for reported intervals. Why it applies: cutoff\_grade and internal dilution are both stated **Stale Data Re-release** Polarity: negative Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty. Why it applies: the fact restates a prior release **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "mixed" **Nearology Play** Polarity: neutral Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: proximity is offered as the value premise: "Extensive RC Program Beginning Shortly, 15 July 2025 • SAM geophysical survey commencing around Lighthorse, and explorat" ### KGRC26029 [Link to this fact](https://atlas-staging.minestarters.com/news/kal-annual-report-to-shareholders--6160eeac-9e65-4966-9d37-5ba6f6a5d727#fact-drill-facts-39) Pinjin South · gold Historical result Needs review: historical\_restatement #### Identity - Hole ID: KGRC26029 - Project: Pinjin South - Commodity: gold - Region: australia\_wa - Reported Region: australia\_wa - Ticker: KAL #### Geometry - Grade: 2.34 - Grade Unit: g/t - Intercept: 3 m - From: 55 m - To: 58 m - Intercept Depth: 54 m #### Classification - Program: mixed - Sample Type: drill - Group ID: KGRC26029:55-58 #### QA/QC - QP Signed: Yes - QA/QC Methods: standards #### Compositing - Cutoff Grade: 2 - Cutoff Unit: g/t Au - Dilution Disclosed: Yes - Max Dilution: 2 m #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Interp. Status: scored - Historical: Yes - Historical Source Date: 2026-09-02T00:00:00.000Z #### Dates - Event date: 2026-09-29T00:00:00.000Z Reasoning: This sub-interval shows a strong gold grade over a narrow width, but it is a restatement of historical data. - Positive factor: Grade is strong for gold in an orogenic system. - Negative factor: Result is a restatement of previously reported data. Evidence · text > 3m at 2.34 g/t Au from 55m #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Compositing Transparent** Polarity: positive Definition: Cut-off grade and internal dilution rules are clearly stated for reported intervals. Why it applies: cutoff\_grade and internal dilution are both stated **Stale Data Re-release** Polarity: negative Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty. Why it applies: the fact restates a prior release **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "mixed" **Nearology Play** Polarity: neutral Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: proximity is offered as the value premise: "Extensive RC Program Beginning Shortly, 15 July 2025 • SAM geophysical survey commencing around Lighthorse, and explorat" ### KGRC26029 [Link to this fact](https://atlas-staging.minestarters.com/news/kal-annual-report-to-shareholders--6160eeac-9e65-4966-9d37-5ba6f6a5d727#fact-drill-facts-40) Pinjin South · gold Historical result Needs review: historical\_restatement #### Identity - Hole ID: KGRC26029 - Project: Pinjin South - Commodity: gold - Region: australia\_wa - Reported Region: australia\_wa - Ticker: KAL #### Geometry - Grade: 1.96 - Grade Unit: g/t - Intercept: 12 m - From: 94 m - To: 106 m - Intercept Depth: 54 m #### Classification - Program: mixed - Sample Type: drill - Group ID: KGRC26029:94-106 #### QA/QC - QP Signed: Yes - QA/QC Methods: standards #### Compositing - Cutoff Grade: 0.5 - Cutoff Unit: g/t Au - Dilution Disclosed: Yes - Max Dilution: 2 m #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Interp. Status: scored - Historical: Yes - Historical Source Date: 2026-09-02T00:00:00.000Z #### Dates - Event date: 2026-09-29T00:00:00.000Z Reasoning: This intercept shows a strong gold grade over a good width, but it is a restatement of historical data. - Positive factor: Grade is strong for gold in an orogenic system. - Negative factor: Result is a restatement of previously reported data. Evidence · text > 12m at 1.96 g/t Au from 94m #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Compositing Transparent** Polarity: positive Definition: Cut-off grade and internal dilution rules are clearly stated for reported intervals. Why it applies: cutoff\_grade and internal dilution are both stated **Stale Data Re-release** Polarity: negative Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty. Why it applies: the fact restates a prior release **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "mixed" **Nearology Play** Polarity: neutral Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: proximity is offered as the value premise: "Extensive RC Program Beginning Shortly, 15 July 2025 • SAM geophysical survey commencing around Lighthorse, and explorat" ### KGRC26029 [Link to this fact](https://atlas-staging.minestarters.com/news/kal-annual-report-to-shareholders--6160eeac-9e65-4966-9d37-5ba6f6a5d727#fact-drill-facts-41) Pinjin South · gold Historical result Needs review: historical\_restatement #### Identity - Hole ID: KGRC26029 - Project: Pinjin South - Commodity: gold - Region: australia\_wa - Reported Region: australia\_wa - Ticker: KAL #### Geometry - Grade: 2.77 - Grade Unit: g/t - Intercept: 8 m - From: 94 m - To: 102 m - Intercept Depth: 54 m #### Classification - Program: mixed - Sample Type: drill - Group ID: KGRC26029:94-102 #### QA/QC - QP Signed: Yes - QA/QC Methods: standards #### Compositing - Cutoff Grade: 0.5 - Cutoff Unit: g/t Au - Dilution Disclosed: Yes - Max Dilution: 2 m #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Interp. Status: scored - Historical: Yes - Historical Source Date: 2026-09-02T00:00:00.000Z #### Dates - Event date: 2026-09-29T00:00:00.000Z Reasoning: This sub-interval shows a strong gold grade over a good width, but it is a restatement of historical data. - Positive factor: Grade is strong for gold in an orogenic system. - Negative factor: Result is a restatement of previously reported data. Evidence · text > 8m at 2.77 g/t Au from 94m #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Compositing Transparent** Polarity: positive Definition: Cut-off grade and internal dilution rules are clearly stated for reported intervals. Why it applies: cutoff\_grade and internal dilution are both stated **Stale Data Re-release** Polarity: negative Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty. Why it applies: the fact restates a prior release **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "mixed" **Nearology Play** Polarity: neutral Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: proximity is offered as the value premise: "Extensive RC Program Beginning Shortly, 15 July 2025 • SAM geophysical survey commencing around Lighthorse, and explorat" ### KGRC26029 [Link to this fact](https://atlas-staging.minestarters.com/news/kal-annual-report-to-shareholders--6160eeac-9e65-4966-9d37-5ba6f6a5d727#fact-drill-facts-42) Pinjin South · gold Historical result Needs review: historical\_restatement #### Identity - Hole ID: KGRC26029 - Project: Pinjin South - Commodity: gold - Region: australia\_wa - Reported Region: australia\_wa - Ticker: KAL #### Geometry - Grade: 4.4 - Grade Unit: g/t - Intercept: 4 m - From: 95 m - To: 99 m - Intercept Depth: 54 m #### Classification - Program: mixed - Sample Type: drill - Group ID: KGRC26029:95-99 #### QA/QC - QP Signed: Yes - QA/QC Methods: standards #### Compositing - Cutoff Grade: 2 - Cutoff Unit: g/t Au - Dilution Disclosed: Yes - Max Dilution: 2 m #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Interp. Status: scored - Historical: Yes - Historical Source Date: 2026-09-02T00:00:00.000Z #### Dates - Event date: 2026-09-29T00:00:00.000Z Reasoning: This sub-interval shows a strong gold grade over a moderate width, but it is a restatement of historical data. - Positive factor: Grade is strong for gold in an orogenic system. - Negative factor: Result is a restatement of previously reported data. Evidence · text > 4m at 4.40 g/t Au from 95m #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Compositing Transparent** Polarity: positive Definition: Cut-off grade and internal dilution rules are clearly stated for reported intervals. Why it applies: cutoff\_grade and internal dilution are both stated **Stale Data Re-release** Polarity: negative Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty. Why it applies: the fact restates a prior release **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "mixed" **Nearology Play** Polarity: neutral Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: proximity is offered as the value premise: "Extensive RC Program Beginning Shortly, 15 July 2025 • SAM geophysical survey commencing around Lighthorse, and explorat" ### KGRC26030 [Link to this fact](https://atlas-staging.minestarters.com/news/kal-annual-report-to-shareholders--6160eeac-9e65-4966-9d37-5ba6f6a5d727#fact-drill-facts-43) Pinjin South · gold Historical result Needs review: historical\_restatement #### Identity - Hole ID: KGRC26030 - Project: Pinjin South - Commodity: gold - Region: australia\_wa - Reported Region: australia\_wa - Ticker: KAL #### Geometry - Grade: 0.41 - Grade Unit: g/t - Intercept: 11 m - From: 33 m - To: 44 m - Intercept Depth: 33 m #### Classification - Program: mixed - Sample Type: drill - Group ID: KGRC26030:33-44 #### QA/QC - QP Signed: Yes - QA/QC Methods: standards #### Compositing - Cutoff Grade: 0.5 - Cutoff Unit: g/t Au - Dilution Disclosed: Yes - Max Dilution: 2 m #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Interp. Status: scored - Historical: Yes - Historical Source Date: 2026-09-02T00:00:00.000Z #### Dates - Event date: 2026-09-29T00:00:00.000Z Reasoning: This intercept shows a weak gold grade over a good width, and it is a restatement of historical data. - Negative factor: Grade is weak for gold in an orogenic system. - Negative factor: Result is a restatement of previously reported data. Evidence · text > KGRC26030 11m at 0.41 g/t Au from 33m #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Compositing Transparent** Polarity: positive Definition: Cut-off grade and internal dilution rules are clearly stated for reported intervals. Why it applies: cutoff\_grade and internal dilution are both stated **Stale Data Re-release** Polarity: negative Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty. Why it applies: the fact restates a prior release **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "mixed" **Nearology Play** Polarity: neutral Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: proximity is offered as the value premise: "Extensive RC Program Beginning Shortly, 15 July 2025 • SAM geophysical survey commencing around Lighthorse, and explorat" ### KGRC26030 [Link to this fact](https://atlas-staging.minestarters.com/news/kal-annual-report-to-shareholders--6160eeac-9e65-4966-9d37-5ba6f6a5d727#fact-drill-facts-44) Pinjin South · gold Historical result Needs review: historical\_restatement #### Identity - Hole ID: KGRC26030 - Project: Pinjin South - Commodity: gold - Region: australia\_wa - Reported Region: australia\_wa - Ticker: KAL #### Geometry - Grade: 1.57 - Grade Unit: g/t - Intercept: 2 m - From: 39 m - To: 41 m - Intercept Depth: 33 m #### Classification - Program: mixed - Sample Type: drill - Group ID: KGRC26030:39-41 #### QA/QC - QP Signed: Yes - QA/QC Methods: standards #### Compositing - Cutoff Grade: 0.5 - Cutoff Unit: g/t Au - Dilution Disclosed: Yes - Max Dilution: 2 m #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Interp. Status: scored - Historical: Yes - Historical Source Date: 2026-09-02T00:00:00.000Z #### Dates - Event date: 2026-09-29T00:00:00.000Z Reasoning: This sub-interval shows a strong gold grade over a narrow width, but it is a restatement of historical data. - Positive factor: Grade is strong for gold in an orogenic system. - Negative factor: Result is a restatement of previously reported data. Evidence · text > 2m at 1.57 g/t Au from 39m #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Compositing Transparent** Polarity: positive Definition: Cut-off grade and internal dilution rules are clearly stated for reported intervals. Why it applies: cutoff\_grade and internal dilution are both stated **Stale Data Re-release** Polarity: negative Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty. Why it applies: the fact restates a prior release **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "mixed" **Nearology Play** Polarity: neutral Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: proximity is offered as the value premise: "Extensive RC Program Beginning Shortly, 15 July 2025 • SAM geophysical survey commencing around Lighthorse, and explorat" ### KGRC26030 [Link to this fact](https://atlas-staging.minestarters.com/news/kal-annual-report-to-shareholders--6160eeac-9e65-4966-9d37-5ba6f6a5d727#fact-drill-facts-45) Pinjin South · gold Historical result Needs review: historical\_restatement #### Identity - Hole ID: KGRC26030 - Project: Pinjin South - Commodity: gold - Region: australia\_wa - Reported Region: australia\_wa - Ticker: KAL #### Geometry - Grade: 2.14 - Grade Unit: g/t - Intercept: 1 m - From: 39 m - To: 40 m - Intercept Depth: 33 m #### Classification - Program: mixed - Sample Type: drill - Group ID: KGRC26030:39-40 #### QA/QC - QP Signed: Yes - QA/QC Methods: standards #### Compositing - Cutoff Grade: 2 - Cutoff Unit: g/t Au - Dilution Disclosed: Yes - Max Dilution: 2 m #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Interp. Status: scored - Historical: Yes - Historical Source Date: 2026-09-02T00:00:00.000Z #### Dates - Event date: 2026-09-29T00:00:00.000Z Reasoning: This sub-interval shows a strong gold grade over a very narrow width, but it is a restatement of historical data. - Positive factor: Grade is strong for gold in an orogenic system. - Negative factor: Result is a restatement of previously reported data. Evidence · text > 1m at 2.14 g/t Au from 39m #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Compositing Transparent** Polarity: positive Definition: Cut-off grade and internal dilution rules are clearly stated for reported intervals. Why it applies: cutoff\_grade and internal dilution are both stated **Stale Data Re-release** Polarity: negative Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty. Why it applies: the fact restates a prior release **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "mixed" **Nearology Play** Polarity: neutral Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: proximity is offered as the value premise: "Extensive RC Program Beginning Shortly, 15 July 2025 • SAM geophysical survey commencing around Lighthorse, and explorat" ### KGRC26030 [Link to this fact](https://atlas-staging.minestarters.com/news/kal-annual-report-to-shareholders--6160eeac-9e65-4966-9d37-5ba6f6a5d727#fact-drill-facts-46) Pinjin South · gold Historical result Needs review: historical\_restatement #### Identity - Hole ID: KGRC26030 - Project: Pinjin South - Commodity: gold - Region: australia\_wa - Reported Region: australia\_wa - Ticker: KAL #### Geometry - Grade: 1.19 - Grade Unit: g/t - Intercept: 3 m - From: 81 m - To: 84 m - Intercept Depth: 33 m #### Classification - Program: mixed - Sample Type: drill - Group ID: KGRC26030:81-84 #### QA/QC - QP Signed: Yes - QA/QC Methods: standards #### Compositing - Cutoff Grade: 0.5 - Cutoff Unit: g/t Au - Dilution Disclosed: Yes - Max Dilution: 2 m #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Interp. Status: scored - Historical: Yes - Historical Source Date: 2026-09-02T00:00:00.000Z #### Dates - Event date: 2026-09-29T00:00:00.000Z Reasoning: This intercept shows a moderate gold grade over a narrow width, but it is a restatement of historical data. - Positive factor: Grade is moderate for gold in an orogenic system. - Negative factor: Result is a restatement of previously reported data. Evidence · text > 3m at 1.19 g/t Au from 81m #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Compositing Transparent** Polarity: positive Definition: Cut-off grade and internal dilution rules are clearly stated for reported intervals. Why it applies: cutoff\_grade and internal dilution are both stated **Stale Data Re-release** Polarity: negative Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty. Why it applies: the fact restates a prior release **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "mixed" **Nearology Play** Polarity: neutral Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: proximity is offered as the value premise: "Extensive RC Program Beginning Shortly, 15 July 2025 • SAM geophysical survey commencing around Lighthorse, and explorat" ### KGRC26030 [Link to this fact](https://atlas-staging.minestarters.com/news/kal-annual-report-to-shareholders--6160eeac-9e65-4966-9d37-5ba6f6a5d727#fact-drill-facts-47) Pinjin South · gold Historical result Needs review: historical\_restatement #### Identity - Hole ID: KGRC26030 - Project: Pinjin South - Commodity: gold - Region: australia\_wa - Reported Region: australia\_wa - Ticker: KAL #### Geometry - Grade: 1.61 - Grade Unit: g/t - Intercept: 2 m - From: 81 m - To: 83 m - Intercept Depth: 33 m #### Classification - Program: mixed - Sample Type: drill - Group ID: KGRC26030:81-83 #### QA/QC - QP Signed: Yes - QA/QC Methods: standards #### Compositing - Cutoff Grade: 0.5 - Cutoff Unit: g/t Au - Dilution Disclosed: Yes - Max Dilution: 2 m #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Interp. Status: scored - Historical: Yes - Historical Source Date: 2026-09-02T00:00:00.000Z #### Dates - Event date: 2026-09-29T00:00:00.000Z Reasoning: This sub-interval shows a strong gold grade over a narrow width, but it is a restatement of historical data. - Positive factor: Grade is strong for gold in an orogenic system. - Negative factor: Result is a restatement of previously reported data. Evidence · text > 2m at 1.61 g/t Au from 81m #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Compositing Transparent** Polarity: positive Definition: Cut-off grade and internal dilution rules are clearly stated for reported intervals. Why it applies: cutoff\_grade and internal dilution are both stated **Stale Data Re-release** Polarity: negative Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty. Why it applies: the fact restates a prior release **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "mixed" **Nearology Play** Polarity: neutral Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: proximity is offered as the value premise: "Extensive RC Program Beginning Shortly, 15 July 2025 • SAM geophysical survey commencing around Lighthorse, and explorat" ### KGRC26030 [Link to this fact](https://atlas-staging.minestarters.com/news/kal-annual-report-to-shareholders--6160eeac-9e65-4966-9d37-5ba6f6a5d727#fact-drill-facts-48) Pinjin South · gold Historical result Needs review: historical\_restatement #### Identity - Hole ID: KGRC26030 - Project: Pinjin South - Commodity: gold - Region: australia\_wa - Reported Region: australia\_wa - Ticker: KAL #### Geometry - Grade: 2.63 - Grade Unit: g/t - Intercept: 1 m - From: 81 m - To: 82 m - Intercept Depth: 33 m #### Classification - Program: mixed - Sample Type: drill - Group ID: KGRC26030:81-82 #### QA/QC - QP Signed: Yes - QA/QC Methods: standards #### Compositing - Cutoff Grade: 2 - Cutoff Unit: g/t Au - Dilution Disclosed: Yes - Max Dilution: 2 m #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Interp. Status: scored - Historical: Yes - Historical Source Date: 2026-09-02T00:00:00.000Z #### Dates - Event date: 2026-09-29T00:00:00.000Z Reasoning: This sub-interval shows a strong gold grade over a very narrow width, but it is a restatement of historical data. - Positive factor: Grade is strong for gold in an orogenic system. - Negative factor: Result is a restatement of previously reported data. Evidence · text > 1m at 2.63 g/t Au from 81m #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Compositing Transparent** Polarity: positive Definition: Cut-off grade and internal dilution rules are clearly stated for reported intervals. Why it applies: cutoff\_grade and internal dilution are both stated **Stale Data Re-release** Polarity: negative Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty. Why it applies: the fact restates a prior release **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "mixed" **Nearology Play** Polarity: neutral Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: proximity is offered as the value premise: "Extensive RC Program Beginning Shortly, 15 July 2025 • SAM geophysical survey commencing around Lighthorse, and explorat" ### KGRC26030 [Link to this fact](https://atlas-staging.minestarters.com/news/kal-annual-report-to-shareholders--6160eeac-9e65-4966-9d37-5ba6f6a5d727#fact-drill-facts-49) Pinjin South · gold Historical result Needs review: historical\_restatement #### Identity - Hole ID: KGRC26030 - Project: Pinjin South - Commodity: gold - Region: australia\_wa - Reported Region: australia\_wa - Ticker: KAL #### Geometry - Grade: 0.44 - Grade Unit: g/t - Intercept: 6 m - From: 90 m - To: 96 m - Intercept Depth: 33 m #### Classification - Program: mixed - Sample Type: drill - Group ID: KGRC26030:90-96 #### QA/QC - QP Signed: Yes - QA/QC Methods: standards #### Compositing - Cutoff Grade: 0.5 - Cutoff Unit: g/t Au - Dilution Disclosed: Yes - Max Dilution: 2 m #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Interp. Status: scored - Historical: Yes - Historical Source Date: 2026-09-02T00:00:00.000Z #### Dates - Event date: 2026-09-29T00:00:00.000Z Reasoning: This intercept shows a weak gold grade over a narrow width, and it is a restatement of historical data. - Negative factor: Grade is weak for gold in an orogenic system. - Negative factor: Result is a restatement of previously reported data. Evidence · text > 6m at 0.44 g/t Au from 90m #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Compositing Transparent** Polarity: positive Definition: Cut-off grade and internal dilution rules are clearly stated for reported intervals. Why it applies: cutoff\_grade and internal dilution are both stated **Stale Data Re-release** Polarity: negative Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty. Why it applies: the fact restates a prior release **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "mixed" **Nearology Play** Polarity: neutral Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: proximity is offered as the value premise: "Extensive RC Program Beginning Shortly, 15 July 2025 • SAM geophysical survey commencing around Lighthorse, and explorat" ### KGRC26030 [Link to this fact](https://atlas-staging.minestarters.com/news/kal-annual-report-to-shareholders--6160eeac-9e65-4966-9d37-5ba6f6a5d727#fact-drill-facts-50) Pinjin South · gold Historical result Needs review: historical\_restatement #### Identity - Hole ID: KGRC26030 - Project: Pinjin South - Commodity: gold - Region: australia\_wa - Reported Region: australia\_wa - Ticker: KAL #### Geometry - Grade: 1.85 - Grade Unit: g/t - Intercept: 1 m - From: 90 m - To: 91 m - Intercept Depth: 33 m #### Classification - Program: mixed - Sample Type: drill - Group ID: KGRC26030:90-91 #### QA/QC - QP Signed: Yes - QA/QC Methods: standards #### Compositing - Cutoff Grade: 0.5 - Cutoff Unit: g/t Au - Dilution Disclosed: Yes - Max Dilution: 2 m #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Interp. Status: scored - Historical: Yes - Historical Source Date: 2026-09-02T00:00:00.000Z #### Dates - Event date: 2026-09-29T00:00:00.000Z Reasoning: This sub-interval shows a strong gold grade over a very narrow width, but it is a restatement of historical data. - Positive factor: Grade is strong for gold in an orogenic system. - Negative factor: Result is a restatement of previously reported data. Evidence · text > 1m at 1.85 g/t Au from 90m #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Compositing Transparent** Polarity: positive Definition: Cut-off grade and internal dilution rules are clearly stated for reported intervals. Why it applies: cutoff\_grade and internal dilution are both stated **Stale Data Re-release** Polarity: negative Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty. Why it applies: the fact restates a prior release **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "mixed" **Nearology Play** Polarity: neutral Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: proximity is offered as the value premise: "Extensive RC Program Beginning Shortly, 15 July 2025 • SAM geophysical survey commencing around Lighthorse, and explorat" ### KGRC26032 [Link to this fact](https://atlas-staging.minestarters.com/news/kal-annual-report-to-shareholders--6160eeac-9e65-4966-9d37-5ba6f6a5d727#fact-drill-facts-51) Pinjin South · gold Historical result Needs review: historical\_restatement #### Identity - Hole ID: KGRC26032 - Project: Pinjin South - Commodity: gold - Region: australia\_wa - Reported Region: australia\_wa - Ticker: KAL #### Geometry - Grade: 0.76 - Grade Unit: g/t - Intercept: 6 m - From: 68 m - To: 74 m - Intercept Depth: 68 m #### Classification - Program: mixed - Sample Type: drill - Group ID: KGRC26032:68-74 #### QA/QC - QP Signed: Yes - QA/QC Methods: standards #### Compositing - Cutoff Grade: 0.5 - Cutoff Unit: g/t Au - Dilution Disclosed: Yes - Max Dilution: 2 m #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Interp. Status: scored - Historical: Yes - Historical Source Date: 2026-09-02T00:00:00.000Z #### Dates - Event date: 2026-09-29T00:00:00.000Z Reasoning: This intercept shows a moderate gold grade over a narrow width, but it is a restatement of historical data. - Negative factor: Grade is moderate for gold in an orogenic system, but close to the weak threshold. - Negative factor: Result is a restatement of previously reported data. Evidence · text > KGRC26032 6m at 0.76 g/t Au from 68m #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Compositing Transparent** Polarity: positive Definition: Cut-off grade and internal dilution rules are clearly stated for reported intervals. Why it applies: cutoff\_grade and internal dilution are both stated **Stale Data Re-release** Polarity: negative Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty. Why it applies: the fact restates a prior release **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "mixed" **Nearology Play** Polarity: neutral Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: proximity is offered as the value premise: "Extensive RC Program Beginning Shortly, 15 July 2025 • SAM geophysical survey commencing around Lighthorse, and explorat" ### KGRC26032 [Link to this fact](https://atlas-staging.minestarters.com/news/kal-annual-report-to-shareholders--6160eeac-9e65-4966-9d37-5ba6f6a5d727#fact-drill-facts-52) Pinjin South · gold Historical result Needs review: historical\_restatement #### Identity - Hole ID: KGRC26032 - Project: Pinjin South - Commodity: gold - Region: australia\_wa - Reported Region: australia\_wa - Ticker: KAL #### Geometry - Grade: 1.69 - Grade Unit: g/t - Intercept: 2 m - From: 69 m - To: 71 m - Intercept Depth: 68 m #### Classification - Program: mixed - Sample Type: drill - Group ID: KGRC26032:69-71 #### QA/QC - QP Signed: Yes - QA/QC Methods: standards #### Compositing - Cutoff Grade: 0.5 - Cutoff Unit: g/t Au - Dilution Disclosed: Yes - Max Dilution: 2 m #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Interp. Status: scored - Historical: Yes - Historical Source Date: 2026-09-02T00:00:00.000Z #### Dates - Event date: 2026-09-29T00:00:00.000Z Reasoning: This sub-interval shows a strong gold grade over a narrow width, but it is a restatement of historical data. - Positive factor: Grade is strong for gold in an orogenic system. - Negative factor: Result is a restatement of previously reported data. Evidence · text > 2m at 1.69 g/t Au from 69m #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Compositing Transparent** Polarity: positive Definition: Cut-off grade and internal dilution rules are clearly stated for reported intervals. Why it applies: cutoff\_grade and internal dilution are both stated **Stale Data Re-release** Polarity: negative Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty. Why it applies: the fact restates a prior release **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "mixed" **Nearology Play** Polarity: neutral Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: proximity is offered as the value premise: "Extensive RC Program Beginning Shortly, 15 July 2025 • SAM geophysical survey commencing around Lighthorse, and explorat" ### KGRC26032 [Link to this fact](https://atlas-staging.minestarters.com/news/kal-annual-report-to-shareholders--6160eeac-9e65-4966-9d37-5ba6f6a5d727#fact-drill-facts-53) Pinjin South · gold Historical result Needs review: historical\_restatement #### Identity - Hole ID: KGRC26032 - Project: Pinjin South - Commodity: gold - Region: australia\_wa - Reported Region: australia\_wa - Ticker: KAL #### Geometry - Grade: 2.12 - Grade Unit: g/t - Intercept: 1 m - From: 69 m - To: 70 m - Intercept Depth: 68 m #### Classification - Program: mixed - Sample Type: drill - Group ID: KGRC26032:69-70 #### QA/QC - QP Signed: Yes - QA/QC Methods: standards #### Compositing - Cutoff Grade: 2 - Cutoff Unit: g/t Au - Dilution Disclosed: Yes - Max Dilution: 2 m #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Interp. Status: scored - Historical: Yes - Historical Source Date: 2026-09-02T00:00:00.000Z #### Dates - Event date: 2026-09-29T00:00:00.000Z Reasoning: This sub-interval shows a strong gold grade over a very narrow width, but it is a restatement of historical data. - Positive factor: Grade is strong for gold in an orogenic system. - Negative factor: Result is a restatement of previously reported data. Evidence · text > 1m at 2.12 g/t Au from 69m #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Compositing Transparent** Polarity: positive Definition: Cut-off grade and internal dilution rules are clearly stated for reported intervals. Why it applies: cutoff\_grade and internal dilution are both stated **Stale Data Re-release** Polarity: negative Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty. Why it applies: the fact restates a prior release **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "mixed" **Nearology Play** Polarity: neutral Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: proximity is offered as the value premise: "Extensive RC Program Beginning Shortly, 15 July 2025 • SAM geophysical survey commencing around Lighthorse, and explorat" ### KGRC26032 [Link to this fact](https://atlas-staging.minestarters.com/news/kal-annual-report-to-shareholders--6160eeac-9e65-4966-9d37-5ba6f6a5d727#fact-drill-facts-54) Pinjin South · gold Historical result Needs review: historical\_restatement #### Identity - Hole ID: KGRC26032 - Project: Pinjin South - Commodity: gold - Region: australia\_wa - Reported Region: australia\_wa - Ticker: KAL #### Geometry - Grade: 2.19 - Grade Unit: g/t - Intercept: 3 m - From: 100 m - To: 103 m - Intercept Depth: 68 m #### Classification - Program: mixed - Sample Type: drill - Group ID: KGRC26032:100-103 #### QA/QC - QP Signed: Yes - QA/QC Methods: standards #### Compositing - Cutoff Grade: 0.5 - Cutoff Unit: g/t Au - Dilution Disclosed: Yes - Max Dilution: 2 m #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Interp. Status: scored - Historical: Yes - Historical Source Date: 2026-09-02T00:00:00.000Z #### Dates - Event date: 2026-09-29T00:00:00.000Z Reasoning: This intercept shows a strong gold grade over a narrow width, but it is a restatement of historical data. - Positive factor: Grade is strong for gold in an orogenic system. - Negative factor: Result is a restatement of previously reported data. Evidence · text > 3m at 2.19 g/t Au from 100m #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Compositing Transparent** Polarity: positive Definition: Cut-off grade and internal dilution rules are clearly stated for reported intervals. Why it applies: cutoff\_grade and internal dilution are both stated **Stale Data Re-release** Polarity: negative Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty. Why it applies: the fact restates a prior release **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "mixed" **Nearology Play** Polarity: neutral Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: proximity is offered as the value premise: "Extensive RC Program Beginning Shortly, 15 July 2025 • SAM geophysical survey commencing around Lighthorse, and explorat" ### KGRC26032 [Link to this fact](https://atlas-staging.minestarters.com/news/kal-annual-report-to-shareholders--6160eeac-9e65-4966-9d37-5ba6f6a5d727#fact-drill-facts-55) Pinjin South · gold Historical result Needs review: historical\_restatement #### Identity - Hole ID: KGRC26032 - Project: Pinjin South - Commodity: gold - Region: australia\_wa - Reported Region: australia\_wa - Ticker: KAL #### Geometry - Grade: 3.21 - Grade Unit: g/t - Intercept: 2 m - From: 100 m - To: 102 m - Intercept Depth: 68 m #### Classification - Program: mixed - Sample Type: drill - Group ID: KGRC26032:100-102 #### QA/QC - QP Signed: Yes - QA/QC Methods: standards #### Compositing - Cutoff Grade: 2 - Cutoff Unit: g/t Au - Dilution Disclosed: Yes - Max Dilution: 2 m #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Interp. Status: scored - Historical: Yes - Historical Source Date: 2026-09-02T00:00:00.000Z #### Dates - Event date: 2026-09-29T00:00:00.000Z Reasoning: This sub-interval shows a strong gold grade over a narrow width, but it is a restatement of historical data. - Positive factor: Grade is strong for gold in an orogenic system. - Negative factor: Result is a restatement of previously reported data. Evidence · text > 2m at 3.21 g/t Au from 100m #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Compositing Transparent** Polarity: positive Definition: Cut-off grade and internal dilution rules are clearly stated for reported intervals. Why it applies: cutoff\_grade and internal dilution are both stated **Stale Data Re-release** Polarity: negative Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty. Why it applies: the fact restates a prior release **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "mixed" **Nearology Play** Polarity: neutral Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: proximity is offered as the value premise: "Extensive RC Program Beginning Shortly, 15 July 2025 • SAM geophysical survey commencing around Lighthorse, and explorat" ### KGRC26032 [Link to this fact](https://atlas-staging.minestarters.com/news/kal-annual-report-to-shareholders--6160eeac-9e65-4966-9d37-5ba6f6a5d727#fact-drill-facts-56) Pinjin South · gold Historical result Needs review: historical\_restatement #### Identity - Hole ID: KGRC26032 - Project: Pinjin South - Commodity: gold - Region: australia\_wa - Reported Region: australia\_wa - Ticker: KAL #### Geometry - Grade: 5.56 - Grade Unit: g/t - Intercept: 1 m - From: 100 m - To: 101 m - Intercept Depth: 68 m #### Classification - Program: mixed - Sample Type: drill - Group ID: KGRC26032:100-101 #### QA/QC - QP Signed: Yes - QA/QC Methods: standards #### Compositing - Cutoff Grade: 2 - Cutoff Unit: g/t Au - Dilution Disclosed: Yes - Max Dilution: 2 m #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Interp. Status: scored - Historical: Yes - Historical Source Date: 2026-09-02T00:00:00.000Z #### Dates - Event date: 2026-09-29T00:00:00.000Z Reasoning: This sub-interval shows an exceptional gold grade over a very narrow width, but it is a restatement of historical data. - Positive factor: Grade is exceptional for gold in an orogenic system. - Negative factor: Result is a restatement of previously reported data. Evidence · text > 1m at 5.56 g/t Au from 100m #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Compositing Transparent** Polarity: positive Definition: Cut-off grade and internal dilution rules are clearly stated for reported intervals. Why it applies: cutoff\_grade and internal dilution are both stated **Stale Data Re-release** Polarity: negative Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty. Why it applies: the fact restates a prior release **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "mixed" **Nearology Play** Polarity: neutral Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: proximity is offered as the value premise: "Extensive RC Program Beginning Shortly, 15 July 2025 • SAM geophysical survey commencing around Lighthorse, and explorat" ### KGRC26032 [Link to this fact](https://atlas-staging.minestarters.com/news/kal-annual-report-to-shareholders--6160eeac-9e65-4966-9d37-5ba6f6a5d727#fact-drill-facts-57) Pinjin South · gold Historical result Needs review: historical\_restatement #### Identity - Hole ID: KGRC26032 - Project: Pinjin South - Commodity: gold - Region: australia\_wa - Reported Region: australia\_wa - Ticker: KAL #### Geometry - Grade: 2.57 - Grade Unit: g/t - Intercept: 2 m - From: 124 m - To: 126 m - Intercept Depth: 68 m #### Classification - Program: mixed - Sample Type: drill - Group ID: KGRC26032:124-126 #### QA/QC - QP Signed: Yes - QA/QC Methods: standards #### Compositing - Cutoff Grade: 0.5 - Cutoff Unit: g/t Au - Dilution Disclosed: Yes - Max Dilution: 2 m #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Interp. Status: scored - Historical: Yes - Historical Source Date: 2026-09-02T00:00:00.000Z #### Dates - Event date: 2026-09-29T00:00:00.000Z Reasoning: This intercept shows a strong gold grade over a narrow width, but it is a restatement of historical data. - Positive factor: Grade is strong for gold in an orogenic system. - Negative factor: Result is a restatement of previously reported data. Evidence · text > 2m at 2.57 g/t Au from 124m #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Compositing Transparent** Polarity: positive Definition: Cut-off grade and internal dilution rules are clearly stated for reported intervals. Why it applies: cutoff\_grade and internal dilution are both stated **Stale Data Re-release** Polarity: negative Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty. Why it applies: the fact restates a prior release **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "mixed" **Nearology Play** Polarity: neutral Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: proximity is offered as the value premise: "Extensive RC Program Beginning Shortly, 15 July 2025 • SAM geophysical survey commencing around Lighthorse, and explorat" ### KGRC26032 [Link to this fact](https://atlas-staging.minestarters.com/news/kal-annual-report-to-shareholders--6160eeac-9e65-4966-9d37-5ba6f6a5d727#fact-drill-facts-58) Pinjin South · gold Historical result Needs review: historical\_restatement #### Identity - Hole ID: KGRC26032 - Project: Pinjin South - Commodity: gold - Region: australia\_wa - Reported Region: australia\_wa - Ticker: KAL #### Geometry - Grade: 4.35 - Grade Unit: g/t - Intercept: 1 m - From: 124 m - To: 125 m - Intercept Depth: 68 m #### Classification - Program: mixed - Sample Type: drill - Group ID: KGRC26032:124-125 #### QA/QC - QP Signed: Yes - QA/QC Methods: standards #### Compositing - Cutoff Grade: 2 - Cutoff Unit: g/t Au - Dilution Disclosed: Yes - Max Dilution: 2 m #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Interp. Status: scored - Historical: Yes - Historical Source Date: 2026-09-02T00:00:00.000Z #### Dates - Event date: 2026-09-29T00:00:00.000Z Reasoning: This sub-interval shows a strong gold grade over a very narrow width, but it is a restatement of historical data. - Positive factor: Grade is strong for gold in an orogenic system. - Negative factor: Result is a restatement of previously reported data. Evidence · text > 1m at 4.35 g/t Au from 124m #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Compositing Transparent** Polarity: positive Definition: Cut-off grade and internal dilution rules are clearly stated for reported intervals. Why it applies: cutoff\_grade and internal dilution are both stated **Stale Data Re-release** Polarity: negative Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty. Why it applies: the fact restates a prior release **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "mixed" **Nearology Play** Polarity: neutral Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: proximity is offered as the value premise: "Extensive RC Program Beginning Shortly, 15 July 2025 • SAM geophysical survey commencing around Lighthorse, and explorat" ### KGRC26032 [Link to this fact](https://atlas-staging.minestarters.com/news/kal-annual-report-to-shareholders--6160eeac-9e65-4966-9d37-5ba6f6a5d727#fact-drill-facts-59) Pinjin South · gold Historical result Needs review: historical\_restatement #### Identity - Hole ID: KGRC26032 - Project: Pinjin South - Commodity: gold - Region: australia\_wa - Reported Region: australia\_wa - Ticker: KAL #### Geometry - Grade: 0.9 - Grade Unit: g/t - Intercept: 7 m - From: 143 m - To: 150 m - Intercept Depth: 68 m #### Classification - Program: mixed - Sample Type: drill - Group ID: KGRC26032:143-150 #### QA/QC - QP Signed: Yes - QA/QC Methods: standards #### Compositing - Cutoff Grade: 0.5 - Cutoff Unit: g/t Au - Dilution Disclosed: Yes - Max Dilution: 2 m #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Interp. Status: scored - Historical: Yes - Historical Source Date: 2026-09-02T00:00:00.000Z #### Dates - Event date: 2026-09-29T00:00:00.000Z Reasoning: This intercept shows a moderate gold grade over a narrow width, but it is a restatement of historical data. - Negative factor: Grade is moderate for gold in an orogenic system, but close to the weak threshold. - Negative factor: Result is a restatement of previously reported data. Evidence · text > 7m at 0.9 g/t Au from 143m #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Compositing Transparent** Polarity: positive Definition: Cut-off grade and internal dilution rules are clearly stated for reported intervals. Why it applies: cutoff\_grade and internal dilution are both stated **Stale Data Re-release** Polarity: negative Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty. Why it applies: the fact restates a prior release **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "mixed" **Nearology Play** Polarity: neutral Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: proximity is offered as the value premise: "Extensive RC Program Beginning Shortly, 15 July 2025 • SAM geophysical survey commencing around Lighthorse, and explorat" ### KGRC26032 [Link to this fact](https://atlas-staging.minestarters.com/news/kal-annual-report-to-shareholders--6160eeac-9e65-4966-9d37-5ba6f6a5d727#fact-drill-facts-60) Pinjin South · gold Historical result Needs review: historical\_restatement #### Identity - Hole ID: KGRC26032 - Project: Pinjin South - Commodity: gold - Region: australia\_wa - Reported Region: australia\_wa - Ticker: KAL #### Geometry - Grade: 2.55 - Grade Unit: g/t - Intercept: 2 m - From: 144 m - To: 146 m - Intercept Depth: 68 m #### Classification - Program: mixed - Sample Type: drill - Group ID: KGRC26032:144-146 #### QA/QC - QP Signed: Yes - QA/QC Methods: standards #### Compositing - Cutoff Grade: 0.5 - Cutoff Unit: g/t Au - Dilution Disclosed: Yes - Max Dilution: 2 m #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Interp. Status: scored - Historical: Yes - Historical Source Date: 2026-09-02T00:00:00.000Z #### Dates - Event date: 2026-09-29T00:00:00.000Z Reasoning: This sub-interval shows a strong gold grade over a narrow width, but it is a restatement of historical data. - Positive factor: Grade is strong for gold in an orogenic system. - Negative factor: Result is a restatement of previously reported data. Evidence · text > 2m at 2.55 g/t Au from 144m #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Compositing Transparent** Polarity: positive Definition: Cut-off grade and internal dilution rules are clearly stated for reported intervals. Why it applies: cutoff\_grade and internal dilution are both stated **Stale Data Re-release** Polarity: negative Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty. Why it applies: the fact restates a prior release **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "mixed" **Nearology Play** Polarity: neutral Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: proximity is offered as the value premise: "Extensive RC Program Beginning Shortly, 15 July 2025 • SAM geophysical survey commencing around Lighthorse, and explorat" ### KGRC26032 [Link to this fact](https://atlas-staging.minestarters.com/news/kal-annual-report-to-shareholders--6160eeac-9e65-4966-9d37-5ba6f6a5d727#fact-drill-facts-61) Pinjin South · gold Historical result Needs review: historical\_restatement #### Identity - Hole ID: KGRC26032 - Project: Pinjin South - Commodity: gold - Region: australia\_wa - Reported Region: australia\_wa - Ticker: KAL #### Geometry - Grade: 0.51 - Grade Unit: g/t - Intercept: 6 m - From: 157 m - To: 163 m - Intercept Depth: 68 m #### Classification - Program: mixed - Sample Type: drill - Group ID: KGRC26032:157-163 #### QA/QC - QP Signed: Yes - QA/QC Methods: standards #### Compositing - Cutoff Grade: 0.5 - Cutoff Unit: g/t Au - Dilution Disclosed: Yes - Max Dilution: 2 m #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Interp. Status: scored - Historical: Yes - Historical Source Date: 2026-09-02T00:00:00.000Z #### Dates - Event date: 2026-09-29T00:00:00.000Z Reasoning: This intercept shows a moderate gold grade over a narrow width, but it is a restatement of historical data. - Negative factor: Grade is moderate for gold in an orogenic system, but close to the weak threshold. - Negative factor: Result is a restatement of previously reported data. Evidence · text > 6m at 0.51 g/t Au from 157m #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Compositing Transparent** Polarity: positive Definition: Cut-off grade and internal dilution rules are clearly stated for reported intervals. Why it applies: cutoff\_grade and internal dilution are both stated **Stale Data Re-release** Polarity: negative Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty. Why it applies: the fact restates a prior release **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "mixed" **Nearology Play** Polarity: neutral Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: proximity is offered as the value premise: "Extensive RC Program Beginning Shortly, 15 July 2025 • SAM geophysical survey commencing around Lighthorse, and explorat" ### KGRC26032 [Link to this fact](https://atlas-staging.minestarters.com/news/kal-annual-report-to-shareholders--6160eeac-9e65-4966-9d37-5ba6f6a5d727#fact-drill-facts-62) Pinjin South · gold Historical result Needs review: historical\_restatement #### Identity - Hole ID: KGRC26032 - Project: Pinjin South - Commodity: gold - Region: australia\_wa - Reported Region: australia\_wa - Ticker: KAL #### Geometry - Grade: 2.21 - Grade Unit: g/t - Intercept: 1 m - From: 158 m - To: 159 m - Intercept Depth: 68 m #### Classification - Program: mixed - Sample Type: drill - Group ID: KGRC26032:158-159 #### QA/QC - QP Signed: Yes - QA/QC Methods: standards #### Compositing - Cutoff Grade: 0.5 - Cutoff Unit: g/t Au - Dilution Disclosed: Yes - Max Dilution: 2 m #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Interp. Status: scored - Historical: Yes - Historical Source Date: 2026-09-02T00:00:00.000Z #### Dates - Event date: 2026-09-29T00:00:00.000Z Reasoning: This sub-interval shows a strong gold grade over a very narrow width, but it is a restatement of historical data. - Positive factor: Grade is strong for gold in an orogenic system. - Negative factor: Result is a restatement of previously reported data. Evidence · text > 1m at 2.21 g/t Au from 158m #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Compositing Transparent** Polarity: positive Definition: Cut-off grade and internal dilution rules are clearly stated for reported intervals. Why it applies: cutoff\_grade and internal dilution are both stated **Stale Data Re-release** Polarity: negative Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty. Why it applies: the fact restates a prior release **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "mixed" **Nearology Play** Polarity: neutral Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: proximity is offered as the value premise: "Extensive RC Program Beginning Shortly, 15 July 2025 • SAM geophysical survey commencing around Lighthorse, and explorat" ### KGRC26032 [Link to this fact](https://atlas-staging.minestarters.com/news/kal-annual-report-to-shareholders--6160eeac-9e65-4966-9d37-5ba6f6a5d727#fact-drill-facts-63) Pinjin South · gold Historical result Needs review: historical\_restatement #### Identity - Hole ID: KGRC26032 - Project: Pinjin South - Commodity: gold - Region: australia\_wa - Reported Region: australia\_wa - Ticker: KAL #### Geometry - Grade: 0.44 - Grade Unit: g/t - Intercept: 7 m - From: 175 m - To: 182 m - Intercept Depth: 68 m #### Classification - Program: mixed - Sample Type: drill - Group ID: KGRC26032:175-182 #### QA/QC - QP Signed: Yes - QA/QC Methods: standards #### Compositing - Cutoff Grade: 0.5 - Cutoff Unit: g/t Au - Dilution Disclosed: Yes - Max Dilution: 2 m #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Interp. Status: scored - Historical: Yes - Historical Source Date: 2026-09-02T00:00:00.000Z #### Dates - Event date: 2026-09-29T00:00:00.000Z Reasoning: This intercept shows a weak gold grade over a narrow width, and it is a restatement of historical data. - Negative factor: Grade is weak for gold in an orogenic system. - Negative factor: Result is a restatement of previously reported data. Evidence · text > 7m at 0.44 g/t Au from 175m #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Compositing Transparent** Polarity: positive Definition: Cut-off grade and internal dilution rules are clearly stated for reported intervals. Why it applies: cutoff\_grade and internal dilution are both stated **Stale Data Re-release** Polarity: negative Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty. Why it applies: the fact restates a prior release **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "mixed" **Nearology Play** Polarity: neutral Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: proximity is offered as the value premise: "Extensive RC Program Beginning Shortly, 15 July 2025 • SAM geophysical survey commencing around Lighthorse, and explorat" ### KGRC26032 [Link to this fact](https://atlas-staging.minestarters.com/news/kal-annual-report-to-shareholders--6160eeac-9e65-4966-9d37-5ba6f6a5d727#fact-drill-facts-64) Pinjin South · gold Historical result Needs review: historical\_restatement #### Identity - Hole ID: KGRC26032 - Project: Pinjin South - Commodity: gold - Region: australia\_wa - Reported Region: australia\_wa - Ticker: KAL #### Geometry - Grade: 1.31 - Grade Unit: g/t - Intercept: 2 m - From: 175 m - To: 177 m - Intercept Depth: 68 m #### Classification - Program: mixed - Sample Type: drill - Group ID: KGRC26032:175-177 #### QA/QC - QP Signed: Yes - QA/QC Methods: standards #### Compositing - Cutoff Grade: 0.5 - Cutoff Unit: g/t Au - Dilution Disclosed: Yes - Max Dilution: 2 m #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Interp. Status: scored - Historical: Yes - Historical Source Date: 2026-09-02T00:00:00.000Z #### Dates - Event date: 2026-09-29T00:00:00.000Z Reasoning: This sub-interval shows a moderate gold grade over a narrow width, but it is a restatement of historical data. - Positive factor: Grade is moderate for gold in an orogenic system. - Negative factor: Result is a restatement of previously reported data. Evidence · text > 2m at 1.31 g/t Au from 175m #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Compositing Transparent** Polarity: positive Definition: Cut-off grade and internal dilution rules are clearly stated for reported intervals. Why it applies: cutoff\_grade and internal dilution are both stated **Stale Data Re-release** Polarity: negative Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty. Why it applies: the fact restates a prior release **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "mixed" **Nearology Play** Polarity: neutral Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: proximity is offered as the value premise: "Extensive RC Program Beginning Shortly, 15 July 2025 • SAM geophysical survey commencing around Lighthorse, and explorat" ### KGRC26036 [Link to this fact](https://atlas-staging.minestarters.com/news/kal-annual-report-to-shareholders--6160eeac-9e65-4966-9d37-5ba6f6a5d727#fact-drill-facts-65) Pinjin South · gold Historical result Needs review: historical\_restatement #### Identity - Hole ID: KGRC26036 - Project: Pinjin South - Commodity: gold - Region: australia\_wa - Reported Region: australia\_wa - Ticker: KAL #### Geometry - Grade: 1.58 - Grade Unit: g/t - Intercept: 22 m - From: 145 m - To: 167 m - Intercept Depth: 145 m #### Classification - Program: mixed - Sample Type: drill - Group ID: KGRC26036:145-167 #### QA/QC - QP Signed: Yes - QA/QC Methods: standards #### Compositing - Cutoff Grade: 0.5 - Cutoff Unit: g/t Au - Dilution Disclosed: Yes - Max Dilution: 2 m #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Interp. Status: scored - Historical: Yes - Historical Source Date: 2026-09-02T00:00:00.000Z #### Dates - Event date: 2026-09-29T00:00:00.000Z Reasoning: This intercept shows a strong gold grade over a good width, but it is a restatement of historical data. - Positive factor: Grade is strong for gold in an orogenic system. - Positive factor: Good intercept length. - Negative factor: Result is a restatement of previously reported data. Evidence · text > KGRC26036 22m at 1.58 g/t Au from 145m #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Compositing Transparent** Polarity: positive Definition: Cut-off grade and internal dilution rules are clearly stated for reported intervals. Why it applies: cutoff\_grade and internal dilution are both stated **Stale Data Re-release** Polarity: negative Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty. Why it applies: the fact restates a prior release **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "mixed" **Nearology Play** Polarity: neutral Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: proximity is offered as the value premise: "Extensive RC Program Beginning Shortly, 15 July 2025 • SAM geophysical survey commencing around Lighthorse, and explorat" ### KGRC26036 [Link to this fact](https://atlas-staging.minestarters.com/news/kal-annual-report-to-shareholders--6160eeac-9e65-4966-9d37-5ba6f6a5d727#fact-drill-facts-66) Pinjin South · gold Historical result Needs review: historical\_restatement #### Identity - Hole ID: KGRC26036 - Project: Pinjin South - Commodity: gold - Region: australia\_wa - Reported Region: australia\_wa - Ticker: KAL #### Geometry - Grade: 9.01 - Grade Unit: g/t - Intercept: 3 m - From: 145 m - To: 148 m - Intercept Depth: 145 m #### Classification - Program: mixed - Sample Type: drill - Group ID: KGRC26036:145-148 #### QA/QC - QP Signed: Yes - QA/QC Methods: standards #### Compositing - Cutoff Grade: 2 - Cutoff Unit: g/t Au - Dilution Disclosed: Yes - Max Dilution: 2 m #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Interp. Status: scored - Historical: Yes - Historical Source Date: 2026-09-02T00:00:00.000Z #### Dates - Event date: 2026-09-29T00:00:00.000Z Reasoning: This sub-interval shows an exceptional gold grade over a narrow width, but it is a restatement of historical data. - Positive factor: Grade is exceptional for gold in an orogenic system. - Negative factor: Result is a restatement of previously reported data. Evidence · text > 3m at 9.01 g/t Au from 145m #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Compositing Transparent** Polarity: positive Definition: Cut-off grade and internal dilution rules are clearly stated for reported intervals. Why it applies: cutoff\_grade and internal dilution are both stated **Stale Data Re-release** Polarity: negative Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty. Why it applies: the fact restates a prior release **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "mixed" **Nearology Play** Polarity: neutral Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: proximity is offered as the value premise: "Extensive RC Program Beginning Shortly, 15 July 2025 • SAM geophysical survey commencing around Lighthorse, and explorat" ### KGRC26036 [Link to this fact](https://atlas-staging.minestarters.com/news/kal-annual-report-to-shareholders--6160eeac-9e65-4966-9d37-5ba6f6a5d727#fact-drill-facts-67) Pinjin South · gold Historical result Needs review: historical\_restatement #### Identity - Hole ID: KGRC26036 - Project: Pinjin South - Commodity: gold - Region: australia\_wa - Reported Region: australia\_wa - Ticker: KAL #### Geometry - Grade: 12.69 - Grade Unit: g/t - Intercept: 2 m - From: 145 m - To: 147 m - Intercept Depth: 145 m #### Classification - Program: mixed - Sample Type: drill - Group ID: KGRC26036:145-147 #### QA/QC - QP Signed: Yes - QA/QC Methods: standards #### Compositing - Cutoff Grade: 2 - Cutoff Unit: g/t Au - Dilution Disclosed: Yes - Max Dilution: 2 m #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Interp. Status: scored - Historical: Yes - Historical Source Date: 2026-09-02T00:00:00.000Z #### Dates - Event date: 2026-09-29T00:00:00.000Z Reasoning: This sub-interval shows an exceptional gold grade over a narrow width, but it is a restatement of historical data. - Positive factor: Grade is exceptional for gold in an orogenic system. - Negative factor: Result is a restatement of previously reported data. Evidence · text > 2m at 12.69 g/t Au from 145m #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Compositing Transparent** Polarity: positive Definition: Cut-off grade and internal dilution rules are clearly stated for reported intervals. Why it applies: cutoff\_grade and internal dilution are both stated **Stale Data Re-release** Polarity: negative Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty. Why it applies: the fact restates a prior release **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "mixed" **Nearology Play** Polarity: neutral Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: proximity is offered as the value premise: "Extensive RC Program Beginning Shortly, 15 July 2025 • SAM geophysical survey commencing around Lighthorse, and explorat" ### KGRC26036 [Link to this fact](https://atlas-staging.minestarters.com/news/kal-annual-report-to-shareholders--6160eeac-9e65-4966-9d37-5ba6f6a5d727#fact-drill-facts-68) Pinjin South · gold Historical result Needs review: historical\_restatement #### Identity - Hole ID: KGRC26036 - Project: Pinjin South - Commodity: gold - Region: australia\_wa - Reported Region: australia\_wa - Ticker: KAL #### Geometry - Grade: 1.11 - Grade Unit: g/t - Intercept: 2 m - From: 152 m - To: 154 m - Intercept Depth: 145 m #### Classification - Program: mixed - Sample Type: drill - Group ID: KGRC26036:152-154 #### QA/QC - QP Signed: Yes - QA/QC Methods: standards #### Compositing - Cutoff Grade: 0.5 - Cutoff Unit: g/t Au - Dilution Disclosed: Yes - Max Dilution: 2 m #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Interp. Status: scored - Historical: Yes - Historical Source Date: 2026-09-02T00:00:00.000Z #### Dates - Event date: 2026-09-29T00:00:00.000Z Reasoning: This sub-interval shows a moderate gold grade over a narrow width, but it is a restatement of historical data. - Positive factor: Grade is moderate for gold in an orogenic system. - Negative factor: Result is a restatement of previously reported data. Evidence · text > 2m at 1.11 g/t Au from 152m #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Compositing Transparent** Polarity: positive Definition: Cut-off grade and internal dilution rules are clearly stated for reported intervals. Why it applies: cutoff\_grade and internal dilution are both stated **Stale Data Re-release** Polarity: negative Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty. Why it applies: the fact restates a prior release **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "mixed" **Nearology Play** Polarity: neutral Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: proximity is offered as the value premise: "Extensive RC Program Beginning Shortly, 15 July 2025 • SAM geophysical survey commencing around Lighthorse, and explorat" ### KGRC26038 [Link to this fact](https://atlas-staging.minestarters.com/news/kal-annual-report-to-shareholders--6160eeac-9e65-4966-9d37-5ba6f6a5d727#fact-drill-facts-69) Pinjin South · gold Historical result Needs review: historical\_restatement #### Identity - Hole ID: KGRC26038 - Project: Pinjin South - Commodity: gold - Region: australia\_wa - Reported Region: australia\_wa - Ticker: KAL #### Geometry - Grade: 0.32 - Grade Unit: g/t - Intercept: 27 m - From: 51 m - To: 78 m - Intercept Depth: 51 m #### Classification - Program: mixed - Sample Type: drill - Group ID: KGRC26038:51-78 #### QA/QC - QP Signed: Yes - QA/QC Methods: standards #### Compositing - Cutoff Grade: 0.5 - Cutoff Unit: g/t Au - Dilution Disclosed: Yes - Max Dilution: 2 m #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Interp. Status: scored - Historical: Yes - Historical Source Date: 2026-09-02T00:00:00.000Z #### Dates - Event date: 2026-09-29T00:00:00.000Z Reasoning: This intercept shows a weak gold grade over a good width, and it is a restatement of historical data. - Negative factor: Grade is weak for gold in an orogenic system. - Negative factor: Result is a restatement of previously reported data. Evidence · text > KGRC26038 27m at 0.32 g/t Au from 51m #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Compositing Transparent** Polarity: positive Definition: Cut-off grade and internal dilution rules are clearly stated for reported intervals. Why it applies: cutoff\_grade and internal dilution are both stated **Stale Data Re-release** Polarity: negative Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty. Why it applies: the fact restates a prior release **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "mixed" **Nearology Play** Polarity: neutral Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: proximity is offered as the value premise: "Extensive RC Program Beginning Shortly, 15 July 2025 • SAM geophysical survey commencing around Lighthorse, and explorat" ### KGRC26038 [Link to this fact](https://atlas-staging.minestarters.com/news/kal-annual-report-to-shareholders--6160eeac-9e65-4966-9d37-5ba6f6a5d727#fact-drill-facts-70) Pinjin South · gold Historical result Needs review: historical\_restatement #### Identity - Hole ID: KGRC26038 - Project: Pinjin South - Commodity: gold - Region: australia\_wa - Reported Region: australia\_wa - Ticker: KAL #### Geometry - Grade: 2 - Grade Unit: g/t - Intercept: 1 m - From: 60 m - To: 61 m - Intercept Depth: 51 m #### Classification - Program: mixed - Sample Type: drill - Group ID: KGRC26038:60-61 #### QA/QC - QP Signed: Yes - QA/QC Methods: standards #### Compositing - Cutoff Grade: 0.5 - Cutoff Unit: g/t Au - Dilution Disclosed: Yes - Max Dilution: 2 m #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Interp. Status: scored - Historical: Yes - Historical Source Date: 2026-09-02T00:00:00.000Z #### Dates - Event date: 2026-09-29T00:00:00.000Z Reasoning: This sub-interval shows a strong gold grade over a very narrow width, but it is a restatement of historical data. - Positive factor: Grade is strong for gold in an orogenic system. - Negative factor: Result is a restatement of previously reported data. Evidence · text > 1m at 2.00 g/t Au from 60m #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Compositing Transparent** Polarity: positive Definition: Cut-off grade and internal dilution rules are clearly stated for reported intervals. Why it applies: cutoff\_grade and internal dilution are both stated **Stale Data Re-release** Polarity: negative Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty. Why it applies: the fact restates a prior release **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "mixed" **Nearology Play** Polarity: neutral Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: proximity is offered as the value premise: "Extensive RC Program Beginning Shortly, 15 July 2025 • SAM geophysical survey commencing around Lighthorse, and explorat" ### KGRC26038 [Link to this fact](https://atlas-staging.minestarters.com/news/kal-annual-report-to-shareholders--6160eeac-9e65-4966-9d37-5ba6f6a5d727#fact-drill-facts-71) Pinjin South · gold Historical result Needs review: historical\_restatement #### Identity - Hole ID: KGRC26038 - Project: Pinjin South - Commodity: gold - Region: australia\_wa - Reported Region: australia\_wa - Ticker: KAL #### Geometry - Grade: 1.61 - Grade Unit: g/t - Intercept: 4 m - From: 92 m - To: 96 m - Intercept Depth: 51 m #### Classification - Program: mixed - Sample Type: drill - Group ID: KGRC26038:92-96 #### QA/QC - QP Signed: Yes - QA/QC Methods: standards #### Compositing - Cutoff Grade: 0.5 - Cutoff Unit: g/t Au - Dilution Disclosed: Yes - Max Dilution: 2 m #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Interp. Status: scored - Historical: Yes - Historical Source Date: 2026-09-02T00:00:00.000Z #### Dates - Event date: 2026-09-29T00:00:00.000Z Reasoning: This intercept shows a strong gold grade over a narrow width, but it is a restatement of historical data. - Positive factor: Grade is strong for gold in an orogenic system. - Negative factor: Result is a restatement of previously reported data. Evidence · text > 4m at 1.61 g/t Au from 92m #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Compositing Transparent** Polarity: positive Definition: Cut-off grade and internal dilution rules are clearly stated for reported intervals. Why it applies: cutoff\_grade and internal dilution are both stated **Stale Data Re-release** Polarity: negative Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty. Why it applies: the fact restates a prior release **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "mixed" **Nearology Play** Polarity: neutral Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: proximity is offered as the value premise: "Extensive RC Program Beginning Shortly, 15 July 2025 • SAM geophysical survey commencing around Lighthorse, and explorat" ### KGRC26038 [Link to this fact](https://atlas-staging.minestarters.com/news/kal-annual-report-to-shareholders--6160eeac-9e65-4966-9d37-5ba6f6a5d727#fact-drill-facts-72) Pinjin South · gold Historical result Needs review: historical\_restatement #### Identity - Hole ID: KGRC26038 - Project: Pinjin South - Commodity: gold - Region: australia\_wa - Reported Region: australia\_wa - Ticker: KAL #### Geometry - Grade: 2.08 - Grade Unit: g/t - Intercept: 3 m - From: 92 m - To: 95 m - Intercept Depth: 51 m #### Classification - Program: mixed - Sample Type: drill - Group ID: KGRC26038:92-95 #### QA/QC - QP Signed: Yes - QA/QC Methods: standards #### Compositing - Cutoff Grade: 0.5 - Cutoff Unit: g/t Au - Dilution Disclosed: Yes - Max Dilution: 2 m #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Interp. Status: scored - Historical: Yes - Historical Source Date: 2026-09-02T00:00:00.000Z #### Dates - Event date: 2026-09-29T00:00:00.000Z Reasoning: This sub-interval shows a strong gold grade over a narrow width, but it is a restatement of historical data. - Positive factor: Grade is strong for gold in an orogenic system. - Negative factor: Result is a restatement of previously reported data. Evidence · text > 3m at 2.08 g/t Au from 92m #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Compositing Transparent** Polarity: positive Definition: Cut-off grade and internal dilution rules are clearly stated for reported intervals. Why it applies: cutoff\_grade and internal dilution are both stated **Stale Data Re-release** Polarity: negative Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty. Why it applies: the fact restates a prior release **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "mixed" **Nearology Play** Polarity: neutral Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: proximity is offered as the value premise: "Extensive RC Program Beginning Shortly, 15 July 2025 • SAM geophysical survey commencing around Lighthorse, and explorat" ### KGRC26038 [Link to this fact](https://atlas-staging.minestarters.com/news/kal-annual-report-to-shareholders--6160eeac-9e65-4966-9d37-5ba6f6a5d727#fact-drill-facts-73) Pinjin South · gold Historical result Needs review: historical\_restatement #### Identity - Hole ID: KGRC26038 - Project: Pinjin South - Commodity: gold - Region: australia\_wa - Reported Region: australia\_wa - Ticker: KAL #### Geometry - Grade: 1.22 - Grade Unit: g/t - Intercept: 17 m - From: 100 m - To: 117 m - Intercept Depth: 51 m #### Classification - Program: mixed - Sample Type: drill - Group ID: KGRC26038:100-117 #### QA/QC - QP Signed: Yes - QA/QC Methods: standards #### Compositing - Cutoff Grade: 0.5 - Cutoff Unit: g/t Au - Dilution Disclosed: Yes - Max Dilution: 2 m #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Interp. Status: scored - Historical: Yes - Historical Source Date: 2026-09-02T00:00:00.000Z #### Dates - Event date: 2026-09-29T00:00:00.000Z Reasoning: This intercept shows a moderate gold grade over a good width, but it is a restatement of historical data. - Positive factor: Grade is moderate for gold in an orogenic system. - Negative factor: Result is a restatement of previously reported data. Evidence · text > 17m at 1.22 g/t Au from 100m #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Compositing Transparent** Polarity: positive Definition: Cut-off grade and internal dilution rules are clearly stated for reported intervals. Why it applies: cutoff\_grade and internal dilution are both stated **Stale Data Re-release** Polarity: negative Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty. Why it applies: the fact restates a prior release **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "mixed" **Nearology Play** Polarity: neutral Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: proximity is offered as the value premise: "Extensive RC Program Beginning Shortly, 15 July 2025 • SAM geophysical survey commencing around Lighthorse, and explorat" ### KGRC26038 [Link to this fact](https://atlas-staging.minestarters.com/news/kal-annual-report-to-shareholders--6160eeac-9e65-4966-9d37-5ba6f6a5d727#fact-drill-facts-74) Pinjin South · gold Historical result Needs review: historical\_restatement #### Identity - Hole ID: KGRC26038 - Project: Pinjin South - Commodity: gold - Region: australia\_wa - Reported Region: australia\_wa - Ticker: KAL #### Geometry - Grade: 2.91 - Grade Unit: g/t - Intercept: 5 m - From: 101 m - To: 106 m - Intercept Depth: 51 m #### Classification - Program: mixed - Sample Type: drill - Group ID: KGRC26038:101-106 #### QA/QC - QP Signed: Yes - QA/QC Methods: standards #### Compositing - Cutoff Grade: 0.5 - Cutoff Unit: g/t Au - Dilution Disclosed: Yes - Max Dilution: 2 m #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Interp. Status: scored - Historical: Yes - Historical Source Date: 2026-09-02T00:00:00.000Z #### Dates - Event date: 2026-09-29T00:00:00.000Z Reasoning: This sub-interval shows a strong gold grade over a moderate width, but it is a restatement of historical data. - Positive factor: Grade is strong for gold in an orogenic system. - Negative factor: Result is a restatement of previously reported data. Evidence · text > 5m at 2.91 g/t Au from 101m #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Compositing Transparent** Polarity: positive Definition: Cut-off grade and internal dilution rules are clearly stated for reported intervals. Why it applies: cutoff\_grade and internal dilution are both stated **Stale Data Re-release** Polarity: negative Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty. Why it applies: the fact restates a prior release **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "mixed" **Nearology Play** Polarity: neutral Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: proximity is offered as the value premise: "Extensive RC Program Beginning Shortly, 15 July 2025 • SAM geophysical survey commencing around Lighthorse, and explorat" ### KGRC26038 [Link to this fact](https://atlas-staging.minestarters.com/news/kal-annual-report-to-shareholders--6160eeac-9e65-4966-9d37-5ba6f6a5d727#fact-drill-facts-75) Pinjin South · gold Historical result Needs review: historical\_restatement #### Identity - Hole ID: KGRC26038 - Project: Pinjin South - Commodity: gold - Region: australia\_wa - Reported Region: australia\_wa - Ticker: KAL #### Geometry - Grade: 6.06 - Grade Unit: g/t - Intercept: 2 m - From: 101 m - To: 103 m - Intercept Depth: 51 m #### Classification - Program: mixed - Sample Type: drill - Group ID: KGRC26038:101-103 #### QA/QC - QP Signed: Yes - QA/QC Methods: standards #### Compositing - Cutoff Grade: 2 - Cutoff Unit: g/t Au - Dilution Disclosed: Yes - Max Dilution: 2 m #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Interp. Status: scored - Historical: Yes - Historical Source Date: 2026-09-02T00:00:00.000Z #### Dates - Event date: 2026-09-29T00:00:00.000Z Reasoning: This sub-interval shows an exceptional gold grade over a narrow width, but it is a restatement of historical data. - Positive factor: Grade is exceptional for gold in an orogenic system. - Negative factor: Result is a restatement of previously reported data. Evidence · text > 2m at 6.06 g/t Au from 101m #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Compositing Transparent** Polarity: positive Definition: Cut-off grade and internal dilution rules are clearly stated for reported intervals. Why it applies: cutoff\_grade and internal dilution are both stated **Stale Data Re-release** Polarity: negative Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty. Why it applies: the fact restates a prior release **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "mixed" **Nearology Play** Polarity: neutral Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: proximity is offered as the value premise: "Extensive RC Program Beginning Shortly, 15 July 2025 • SAM geophysical survey commencing around Lighthorse, and explorat" ### KGRC26038 [Link to this fact](https://atlas-staging.minestarters.com/news/kal-annual-report-to-shareholders--6160eeac-9e65-4966-9d37-5ba6f6a5d727#fact-drill-facts-76) Pinjin South · gold Historical result Needs review: historical\_restatement #### Identity - Hole ID: KGRC26038 - Project: Pinjin South - Commodity: gold - Region: australia\_wa - Reported Region: australia\_wa - Ticker: KAL #### Geometry - Grade: 1.21 - Grade Unit: g/t - Intercept: 4 m - From: 113 m - To: 117 m - Intercept Depth: 51 m #### Classification - Program: mixed - Sample Type: drill - Group ID: KGRC26038:113-117 #### QA/QC - QP Signed: Yes - QA/QC Methods: standards #### Compositing - Cutoff Grade: 0.5 - Cutoff Unit: g/t Au - Dilution Disclosed: Yes - Max Dilution: 2 m #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Interp. Status: scored - Historical: Yes - Historical Source Date: 2026-09-02T00:00:00.000Z #### Dates - Event date: 2026-09-29T00:00:00.000Z Reasoning: This intercept shows a moderate gold grade over a narrow width, but it is a restatement of historical data. - Positive factor: Grade is moderate for gold in an orogenic system. - Negative factor: Result is a restatement of previously reported data. Evidence · text > 4m at 1.21 g/t Au from 113m #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Compositing Transparent** Polarity: positive Definition: Cut-off grade and internal dilution rules are clearly stated for reported intervals. Why it applies: cutoff\_grade and internal dilution are both stated **Stale Data Re-release** Polarity: negative Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty. Why it applies: the fact restates a prior release **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "mixed" **Nearology Play** Polarity: neutral Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: proximity is offered as the value premise: "Extensive RC Program Beginning Shortly, 15 July 2025 • SAM geophysical survey commencing around Lighthorse, and explorat" ### KGRC26038 [Link to this fact](https://atlas-staging.minestarters.com/news/kal-annual-report-to-shareholders--6160eeac-9e65-4966-9d37-5ba6f6a5d727#fact-drill-facts-77) Pinjin South · gold Historical result Needs review: historical\_restatement #### Identity - Hole ID: KGRC26038 - Project: Pinjin South - Commodity: gold - Region: australia\_wa - Reported Region: australia\_wa - Ticker: KAL #### Geometry - Grade: 3.07 - Grade Unit: g/t - Intercept: 1 m - From: 115 m - To: 116 m - Intercept Depth: 51 m #### Classification - Program: mixed - Sample Type: drill - Group ID: KGRC26038:115-116 #### QA/QC - QP Signed: Yes - QA/QC Methods: standards #### Compositing - Cutoff Grade: 0.5 - Cutoff Unit: g/t Au - Dilution Disclosed: Yes - Max Dilution: 2 m #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Interp. Status: scored - Historical: Yes - Historical Source Date: 2026-09-02T00:00:00.000Z #### Dates - Event date: 2026-09-29T00:00:00.000Z Reasoning: This sub-interval shows a strong gold grade over a very narrow width, but it is a restatement of historical data. - Positive factor: Grade is strong for gold in an orogenic system. - Negative factor: Result is a restatement of previously reported data. Evidence · text > 1m at 3.07 g/t Au from 115m #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Compositing Transparent** Polarity: positive Definition: Cut-off grade and internal dilution rules are clearly stated for reported intervals. Why it applies: cutoff\_grade and internal dilution are both stated **Stale Data Re-release** Polarity: negative Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty. Why it applies: the fact restates a prior release **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "mixed" **Nearology Play** Polarity: neutral Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: proximity is offered as the value premise: "Extensive RC Program Beginning Shortly, 15 July 2025 • SAM geophysical survey commencing around Lighthorse, and explorat" ### KGRC26039 [Link to this fact](https://atlas-staging.minestarters.com/news/kal-annual-report-to-shareholders--6160eeac-9e65-4966-9d37-5ba6f6a5d727#fact-drill-facts-78) Pinjin South · gold Historical result Needs review: historical\_restatement #### Identity - Hole ID: KGRC26039 - Project: Pinjin South - Commodity: gold - Region: australia\_wa - Reported Region: australia\_wa - Ticker: KAL #### Geometry - Grade: 0.32 - Grade Unit: g/t - Intercept: 10 m - From: 49 m - To: 59 m - Intercept Depth: 49 m #### Classification - Program: mixed - Sample Type: drill - Group ID: KGRC26039:49-59 #### QA/QC - QP Signed: Yes - QA/QC Methods: standards #### Compositing - Cutoff Grade: 0.5 - Cutoff Unit: g/t Au - Dilution Disclosed: Yes - Max Dilution: 2 m #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Interp. Status: scored - Historical: Yes - Historical Source Date: 2026-09-02T00:00:00.000Z #### Dates - Event date: 2026-09-29T00:00:00.000Z Reasoning: This intercept shows a weak gold grade over a moderate width, and it is a restatement of historical data. - Negative factor: Grade is weak for gold in an orogenic system. - Negative factor: Result is a restatement of previously reported data. Evidence · text > KGRC26039 10m at 0.32 g/t Au from 49m #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Compositing Transparent** Polarity: positive Definition: Cut-off grade and internal dilution rules are clearly stated for reported intervals. Why it applies: cutoff\_grade and internal dilution are both stated **Stale Data Re-release** Polarity: negative Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty. Why it applies: the fact restates a prior release **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "mixed" **Nearology Play** Polarity: neutral Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: proximity is offered as the value premise: "Extensive RC Program Beginning Shortly, 15 July 2025 • SAM geophysical survey commencing around Lighthorse, and explorat" ### KGRC26039 [Link to this fact](https://atlas-staging.minestarters.com/news/kal-annual-report-to-shareholders--6160eeac-9e65-4966-9d37-5ba6f6a5d727#fact-drill-facts-79) Pinjin South · gold Historical result Needs review: historical\_restatement #### Identity - Hole ID: KGRC26039 - Project: Pinjin South - Commodity: gold - Region: australia\_wa - Reported Region: australia\_wa - Ticker: KAL #### Geometry - Grade: 0.42 - Grade Unit: g/t - Intercept: 12 m - From: 78 m - To: 90 m - Intercept Depth: 49 m #### Classification - Program: mixed - Sample Type: drill - Group ID: KGRC26039:78-90 #### QA/QC - QP Signed: Yes - QA/QC Methods: standards #### Compositing - Cutoff Grade: 0.5 - Cutoff Unit: g/t Au - Dilution Disclosed: Yes - Max Dilution: 2 m #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Interp. Status: scored - Historical: Yes - Historical Source Date: 2026-09-02T00:00:00.000Z #### Dates - Event date: 2026-09-29T00:00:00.000Z Reasoning: This intercept shows a weak gold grade over a good width, and it is a restatement of historical data. - Negative factor: Grade is weak for gold in an orogenic system. - Negative factor: Result is a restatement of previously reported data. Evidence · text > 12m at 0.42 g/t Au from 78m #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Compositing Transparent** Polarity: positive Definition: Cut-off grade and internal dilution rules are clearly stated for reported intervals. Why it applies: cutoff\_grade and internal dilution are both stated **Stale Data Re-release** Polarity: negative Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty. Why it applies: the fact restates a prior release **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "mixed" **Nearology Play** Polarity: neutral Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: proximity is offered as the value premise: "Extensive RC Program Beginning Shortly, 15 July 2025 • SAM geophysical survey commencing around Lighthorse, and explorat" ### KGRC26039 [Link to this fact](https://atlas-staging.minestarters.com/news/kal-annual-report-to-shareholders--6160eeac-9e65-4966-9d37-5ba6f6a5d727#fact-drill-facts-80) Pinjin South · gold Historical result Needs review: historical\_restatement #### Identity - Hole ID: KGRC26039 - Project: Pinjin South - Commodity: gold - Region: australia\_wa - Reported Region: australia\_wa - Ticker: KAL #### Geometry - Grade: 1.14 - Grade Unit: g/t - Intercept: 2 m - From: 87 m - To: 89 m - Intercept Depth: 49 m #### Classification - Program: mixed - Sample Type: drill - Group ID: KGRC26039:87-89 #### QA/QC - QP Signed: Yes - QA/QC Methods: standards #### Compositing - Cutoff Grade: 0.5 - Cutoff Unit: g/t Au - Dilution Disclosed: Yes - Max Dilution: 2 m #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Interp. Status: scored - Historical: Yes - Historical Source Date: 2026-09-02T00:00:00.000Z #### Dates - Event date: 2026-09-29T00:00:00.000Z Reasoning: This sub-interval shows a moderate gold grade over a narrow width, but it is a restatement of historical data. - Positive factor: Grade is moderate for gold in an orogenic system. - Negative factor: Result is a restatement of previously reported data. Evidence · text > 2m at 1.14 g/t Au from 87m #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Compositing Transparent** Polarity: positive Definition: Cut-off grade and internal dilution rules are clearly stated for reported intervals. Why it applies: cutoff\_grade and internal dilution are both stated **Stale Data Re-release** Polarity: negative Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty. Why it applies: the fact restates a prior release **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "mixed" **Nearology Play** Polarity: neutral Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: proximity is offered as the value premise: "Extensive RC Program Beginning Shortly, 15 July 2025 • SAM geophysical survey commencing around Lighthorse, and explorat" ### KGRC26039 [Link to this fact](https://atlas-staging.minestarters.com/news/kal-annual-report-to-shareholders--6160eeac-9e65-4966-9d37-5ba6f6a5d727#fact-drill-facts-81) Pinjin South · gold Historical result Needs review: historical\_restatement #### Identity - Hole ID: KGRC26039 - Project: Pinjin South - Commodity: gold - Region: australia\_wa - Reported Region: australia\_wa - Ticker: KAL #### Geometry - Grade: 0.72 - Grade Unit: g/t - Intercept: 7 m - From: 160 m - To: 167 m - Intercept Depth: 49 m #### Classification - Program: mixed - Sample Type: drill - Group ID: KGRC26039:160-167 #### QA/QC - QP Signed: Yes - QA/QC Methods: standards #### Compositing - Cutoff Grade: 0.5 - Cutoff Unit: g/t Au - Dilution Disclosed: Yes - Max Dilution: 2 m #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Interp. Status: scored - Historical: Yes - Historical Source Date: 2026-09-02T00:00:00.000Z #### Dates - Event date: 2026-09-29T00:00:00.000Z Reasoning: This intercept shows a moderate gold grade over a narrow width, but it is a restatement of historical data. - Negative factor: Grade is moderate for gold in an orogenic system, but close to the weak threshold. - Negative factor: Result is a restatement of previously reported data. Evidence · text > 7m at 0.72 g/t Au from 160m #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Compositing Transparent** Polarity: positive Definition: Cut-off grade and internal dilution rules are clearly stated for reported intervals. Why it applies: cutoff\_grade and internal dilution are both stated **Stale Data Re-release** Polarity: negative Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty. Why it applies: the fact restates a prior release **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "mixed" **Nearology Play** Polarity: neutral Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: proximity is offered as the value premise: "Extensive RC Program Beginning Shortly, 15 July 2025 • SAM geophysical survey commencing around Lighthorse, and explorat" ### KGRC26039 [Link to this fact](https://atlas-staging.minestarters.com/news/kal-annual-report-to-shareholders--6160eeac-9e65-4966-9d37-5ba6f6a5d727#fact-drill-facts-82) Pinjin South · gold Historical result Needs review: historical\_restatement #### Identity - Hole ID: KGRC26039 - Project: Pinjin South - Commodity: gold - Region: australia\_wa - Reported Region: australia\_wa - Ticker: KAL #### Geometry - Grade: 1.12 - Grade Unit: g/t - Intercept: 4 m - From: 161 m - To: 165 m - Intercept Depth: 49 m #### Classification - Program: mixed - Sample Type: drill - Group ID: KGRC26039:161-165 #### QA/QC - QP Signed: Yes - QA/QC Methods: standards #### Compositing - Cutoff Grade: 0.5 - Cutoff Unit: g/t Au - Dilution Disclosed: Yes - Max Dilution: 2 m #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Interp. Status: scored - Historical: Yes - Historical Source Date: 2026-09-02T00:00:00.000Z #### Dates - Event date: 2026-09-29T00:00:00.000Z Reasoning: This sub-interval shows a moderate gold grade over a narrow width, but it is a restatement of historical data. - Positive factor: Grade is moderate for gold in an orogenic system. - Negative factor: Result is a restatement of previously reported data. Evidence · text > 4m at 1.12 g/t Au from 161m #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Compositing Transparent** Polarity: positive Definition: Cut-off grade and internal dilution rules are clearly stated for reported intervals. Why it applies: cutoff\_grade and internal dilution are both stated **Stale Data Re-release** Polarity: negative Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty. Why it applies: the fact restates a prior release **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "mixed" **Nearology Play** Polarity: neutral Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: proximity is offered as the value premise: "Extensive RC Program Beginning Shortly, 15 July 2025 • SAM geophysical survey commencing around Lighthorse, and explorat" ### KGRC26039 [Link to this fact](https://atlas-staging.minestarters.com/news/kal-annual-report-to-shareholders--6160eeac-9e65-4966-9d37-5ba6f6a5d727#fact-drill-facts-83) Pinjin South · gold Historical result Needs review: historical\_restatement #### Identity - Hole ID: KGRC26039 - Project: Pinjin South - Commodity: gold - Region: australia\_wa - Reported Region: australia\_wa - Ticker: KAL #### Geometry - Grade: 3.1 - Grade Unit: g/t - Intercept: 1 m - From: 164 m - To: 165 m - Intercept Depth: 49 m #### Classification - Program: mixed - Sample Type: drill - Group ID: KGRC26039:164-165 #### QA/QC - QP Signed: Yes - QA/QC Methods: standards #### Compositing - Cutoff Grade: 2 - Cutoff Unit: g/t Au - Dilution Disclosed: Yes - Max Dilution: 2 m #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Interp. Status: scored - Historical: Yes - Historical Source Date: 2026-09-02T00:00:00.000Z #### Dates - Event date: 2026-09-29T00:00:00.000Z Reasoning: This sub-interval shows a strong gold grade over a very narrow width, but it is a restatement of historical data. - Positive factor: Grade is strong for gold in an orogenic system. - Negative factor: Result is a restatement of previously reported data. Evidence · text > 1m at 3.10 g/t Au from 164m #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Compositing Transparent** Polarity: positive Definition: Cut-off grade and internal dilution rules are clearly stated for reported intervals. Why it applies: cutoff\_grade and internal dilution are both stated **Stale Data Re-release** Polarity: negative Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty. Why it applies: the fact restates a prior release **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "mixed" **Nearology Play** Polarity: neutral Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: proximity is offered as the value premise: "Extensive RC Program Beginning Shortly, 15 July 2025 • SAM geophysical survey commencing around Lighthorse, and explorat" ### KGRC26040 [Link to this fact](https://atlas-staging.minestarters.com/news/kal-annual-report-to-shareholders--6160eeac-9e65-4966-9d37-5ba6f6a5d727#fact-drill-facts-84) Pinjin South · gold Historical result Needs review: historical\_restatement #### Identity - Hole ID: KGRC26040 - Project: Pinjin South - Commodity: gold - Region: australia\_wa - Reported Region: australia\_wa - Ticker: KAL #### Geometry - Grade: 0.42 - Grade Unit: g/t - Intercept: 10 m - From: 187 m - To: 197 m - Intercept Depth: 187 m #### Classification - Program: mixed - Sample Type: drill - Group ID: KGRC26040:187-197 #### QA/QC - QP Signed: Yes - QA/QC Methods: standards #### Compositing - Cutoff Grade: 0.5 - Cutoff Unit: g/t Au - Dilution Disclosed: Yes - Max Dilution: 2 m #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Interp. Status: scored - Historical: Yes - Historical Source Date: 2026-09-02T00:00:00.000Z #### Dates - Event date: 2026-09-29T00:00:00.000Z Reasoning: This intercept shows a weak gold grade over a moderate width, and it is a restatement of historical data. - Negative factor: Grade is weak for gold in an orogenic system. - Negative factor: Result is a restatement of previously reported data. Evidence · text > KGRC26040 10m at 0.42 g/t Au from 187m #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Compositing Transparent** Polarity: positive Definition: Cut-off grade and internal dilution rules are clearly stated for reported intervals. Why it applies: cutoff\_grade and internal dilution are both stated **Stale Data Re-release** Polarity: negative Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty. Why it applies: the fact restates a prior release **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "mixed" **Nearology Play** Polarity: neutral Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: proximity is offered as the value premise: "Extensive RC Program Beginning Shortly, 15 July 2025 • SAM geophysical survey commencing around Lighthorse, and explorat" ### KGRC26040 [Link to this fact](https://atlas-staging.minestarters.com/news/kal-annual-report-to-shareholders--6160eeac-9e65-4966-9d37-5ba6f6a5d727#fact-drill-facts-85) Pinjin South · gold Historical result Needs review: historical\_restatement #### Identity - Hole ID: KGRC26040 - Project: Pinjin South - Commodity: gold - Region: australia\_wa - Reported Region: australia\_wa - Ticker: KAL #### Geometry - Grade: 1.11 - Grade Unit: g/t - Intercept: 3 m - From: 190 m - To: 193 m - Intercept Depth: 187 m #### Classification - Program: mixed - Sample Type: drill - Group ID: KGRC26040:190-193 #### QA/QC - QP Signed: Yes - QA/QC Methods: standards #### Compositing - Cutoff Grade: 0.5 - Cutoff Unit: g/t Au - Dilution Disclosed: Yes - Max Dilution: 2 m #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Interp. Status: scored - Historical: Yes - Historical Source Date: 2026-09-02T00:00:00.000Z #### Dates - Event date: 2026-09-29T00:00:00.000Z Reasoning: This sub-interval shows a moderate gold grade over a narrow width, but it is a restatement of historical data. - Positive factor: Grade is moderate for gold in an orogenic system. - Negative factor: Result is a restatement of previously reported data. Evidence · text > 3m at 1.11 g/t Au from 190m #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Compositing Transparent** Polarity: positive Definition: Cut-off grade and internal dilution rules are clearly stated for reported intervals. Why it applies: cutoff\_grade and internal dilution are both stated **Stale Data Re-release** Polarity: negative Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty. Why it applies: the fact restates a prior release **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "mixed" **Nearology Play** Polarity: neutral Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: proximity is offered as the value premise: "Extensive RC Program Beginning Shortly, 15 July 2025 • SAM geophysical survey commencing around Lighthorse, and explorat" ### KGRC26040 [Link to this fact](https://atlas-staging.minestarters.com/news/kal-annual-report-to-shareholders--6160eeac-9e65-4966-9d37-5ba6f6a5d727#fact-drill-facts-86) Pinjin South · gold Historical result Needs review: historical\_restatement #### Identity - Hole ID: KGRC26040 - Project: Pinjin South - Commodity: gold - Region: australia\_wa - Reported Region: australia\_wa - Ticker: KAL #### Geometry - Grade: 2.28 - Grade Unit: g/t - Intercept: 1 m - From: 192 m - To: 193 m - Intercept Depth: 187 m #### Classification - Program: mixed - Sample Type: drill - Group ID: KGRC26040:192-193 #### QA/QC - QP Signed: Yes - QA/QC Methods: standards #### Compositing - Cutoff Grade: 2 - Cutoff Unit: g/t Au - Dilution Disclosed: Yes - Max Dilution: 2 m #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Interp. Status: scored - Historical: Yes - Historical Source Date: 2026-09-02T00:00:00.000Z #### Dates - Event date: 2026-09-29T00:00:00.000Z Reasoning: This sub-interval shows a strong gold grade over a very narrow width, but it is a restatement of historical data. - Positive factor: Grade is strong for gold in an orogenic system. - Negative factor: Result is a restatement of previously reported data. Evidence · text > 1m at 2.28 g/t Au from 192m #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Compositing Transparent** Polarity: positive Definition: Cut-off grade and internal dilution rules are clearly stated for reported intervals. Why it applies: cutoff\_grade and internal dilution are both stated **Stale Data Re-release** Polarity: negative Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty. Why it applies: the fact restates a prior release **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "mixed" **Nearology Play** Polarity: neutral Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: proximity is offered as the value premise: "Extensive RC Program Beginning Shortly, 15 July 2025 • SAM geophysical survey commencing around Lighthorse, and explorat" ### KGDD25004 [Link to this fact](https://atlas-staging.minestarters.com/news/kal-annual-report-to-shareholders--6160eeac-9e65-4966-9d37-5ba6f6a5d727#fact-drill-facts-87) Pinjin South · gold Historical result Needs review: historical\_restatement #### Identity - Hole ID: KGDD25004 - Project: Pinjin South - Commodity: gold - Region: australia\_wa - Reported Region: australia\_wa - Ticker: KAL #### Geometry - Grade: 1.75 - Grade Unit: g/t - Intercept: 15 m - From: 26 m - To: 41 m - Intercept Depth: 26 m #### Classification - Program: mixed - Sample Type: drill - Group ID: KGDD25004:26-41 #### QA/QC - QP Signed: Yes - QA/QC Methods: standards #### Compositing - Cutoff Grade: 0.5 - Cutoff Unit: g/t Au - Dilution Disclosed: Yes - Max Dilution: 2 m #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Interp. Status: scored - Historical: Yes - Historical Source Date: 2026-02-13T00:00:00.000Z #### Dates - Event date: 2026-09-29T00:00:00.000Z Reasoning: This intercept shows a strong gold grade over a good width, but it is a restatement of historical data. - Positive factor: Grade is strong for gold in an orogenic system. - Positive factor: Good intercept length. - Negative factor: Result is a restatement of previously reported data. Evidence · text > KGDD25004 15 m at 1.75 g/t Au from 26 m #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Compositing Transparent** Polarity: positive Definition: Cut-off grade and internal dilution rules are clearly stated for reported intervals. Why it applies: cutoff\_grade and internal dilution are both stated **Stale Data Re-release** Polarity: negative Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty. Why it applies: the fact restates a prior release **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "mixed" **Nearology Play** Polarity: neutral Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: proximity is offered as the value premise: "Extensive RC Program Beginning Shortly, 15 July 2025 • SAM geophysical survey commencing around Lighthorse, and explorat" ### KGDD25004 [Link to this fact](https://atlas-staging.minestarters.com/news/kal-annual-report-to-shareholders--6160eeac-9e65-4966-9d37-5ba6f6a5d727#fact-drill-facts-88) Pinjin South · gold Historical result Needs review: historical\_restatement #### Identity - Hole ID: KGDD25004 - Project: Pinjin South - Commodity: gold - Region: australia\_wa - Reported Region: australia\_wa - Ticker: KAL #### Geometry - Grade: 1.28 - Grade Unit: g/t - Intercept: 23 m - From: 20 m - To: 43 m - Intercept Depth: 26 m #### Classification - Program: mixed - Sample Type: drill - Group ID: KGDD25004:20-43 #### QA/QC - QP Signed: Yes - QA/QC Methods: standards #### Compositing - Cutoff Grade: 0.1 - Cutoff Unit: g/t Au - Dilution Disclosed: Yes - Max Dilution: 2 m #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Interp. Status: scored - Historical: Yes - Historical Source Date: 2026-02-13T00:00:00.000Z #### Dates - Event date: 2026-09-29T00:00:00.000Z Reasoning: This enveloping zone shows a moderate gold grade over a good width, but it is a restatement of historical data. - Positive factor: Grade is moderate for gold in an orogenic system. - Positive factor: Good intercept length. - Negative factor: Result is a restatement of previously reported data. Evidence · text > 23 m at 1.28 g/t Au from 20 m #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Compositing Transparent** Polarity: positive Definition: Cut-off grade and internal dilution rules are clearly stated for reported intervals. Why it applies: cutoff\_grade and internal dilution are both stated **Stale Data Re-release** Polarity: negative Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty. Why it applies: the fact restates a prior release **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "mixed" **Nearology Play** Polarity: neutral Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: proximity is offered as the value premise: "Extensive RC Program Beginning Shortly, 15 July 2025 • SAM geophysical survey commencing around Lighthorse, and explorat" ### KGDD25004 [Link to this fact](https://atlas-staging.minestarters.com/news/kal-annual-report-to-shareholders--6160eeac-9e65-4966-9d37-5ba6f6a5d727#fact-drill-facts-89) Pinjin South · gold Historical result Needs review: historical\_restatement #### Identity - Hole ID: KGDD25004 - Project: Pinjin South - Commodity: gold - Region: australia\_wa - Reported Region: australia\_wa - Ticker: KAL #### Geometry - Grade: 2.74 - Grade Unit: g/t - Intercept: 6 m - From: 28 m - To: 34 m - Intercept Depth: 26 m #### Classification - Program: mixed - Sample Type: drill - Group ID: KGDD25004:28-34 #### QA/QC - QP Signed: Yes - QA/QC Methods: standards #### Compositing - Cutoff Grade: 2 - Cutoff Unit: g/t Au - Dilution Disclosed: Yes - Max Dilution: 2 m #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Interp. Status: scored - Historical: Yes - Historical Source Date: 2026-02-13T00:00:00.000Z #### Dates - Event date: 2026-09-29T00:00:00.000Z Reasoning: This sub-interval shows a strong gold grade over a narrow width, but it is a restatement of historical data. - Positive factor: Grade is strong for gold in an orogenic system. - Negative factor: Result is a restatement of previously reported data. Evidence · text > 6 m at 2.74 g/t Au from 28 m #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Compositing Transparent** Polarity: positive Definition: Cut-off grade and internal dilution rules are clearly stated for reported intervals. Why it applies: cutoff\_grade and internal dilution are both stated **Stale Data Re-release** Polarity: negative Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty. Why it applies: the fact restates a prior release **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "mixed" **Nearology Play** Polarity: neutral Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: proximity is offered as the value premise: "Extensive RC Program Beginning Shortly, 15 July 2025 • SAM geophysical survey commencing around Lighthorse, and explorat" ### KGDD25004 [Link to this fact](https://atlas-staging.minestarters.com/news/kal-annual-report-to-shareholders--6160eeac-9e65-4966-9d37-5ba6f6a5d727#fact-drill-facts-90) Pinjin South · gold Historical result Needs review: historical\_restatement #### Identity - Hole ID: KGDD25004 - Project: Pinjin South - Commodity: gold - Region: australia\_wa - Reported Region: australia\_wa - Ticker: KAL #### Geometry - Grade: 3.09 - Grade Unit: g/t - Intercept: 1 m - From: 38 m - To: 39 m - Intercept Depth: 26 m #### Classification - Program: mixed - Sample Type: drill - Group ID: KGDD25004:38-39 #### QA/QC - QP Signed: Yes - QA/QC Methods: standards #### Compositing - Cutoff Grade: 2 - Cutoff Unit: g/t Au - Dilution Disclosed: Yes - Max Dilution: 2 m #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Interp. Status: scored - Historical: Yes - Historical Source Date: 2026-02-13T00:00:00.000Z #### Dates - Event date: 2026-09-29T00:00:00.000Z Reasoning: This sub-interval shows a strong gold grade over a very narrow width, but it is a restatement of historical data. - Positive factor: Grade is strong for gold in an orogenic system. - Negative factor: Result is a restatement of previously reported data. Evidence · text > 1 m at 3.09 g/t Au from 38 m #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Compositing Transparent** Polarity: positive Definition: Cut-off grade and internal dilution rules are clearly stated for reported intervals. Why it applies: cutoff\_grade and internal dilution are both stated **Stale Data Re-release** Polarity: negative Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty. Why it applies: the fact restates a prior release **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "mixed" **Nearology Play** Polarity: neutral Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: proximity is offered as the value premise: "Extensive RC Program Beginning Shortly, 15 July 2025 • SAM geophysical survey commencing around Lighthorse, and explorat" ### KGDD25004 [Link to this fact](https://atlas-staging.minestarters.com/news/kal-annual-report-to-shareholders--6160eeac-9e65-4966-9d37-5ba6f6a5d727#fact-drill-facts-91) Pinjin South · gold Historical result Needs review: historical\_restatement #### Identity - Hole ID: KGDD25004 - Project: Pinjin South - Commodity: gold - Region: australia\_wa - Reported Region: australia\_wa - Ticker: KAL #### Geometry - Grade: 2.72 - Grade Unit: g/t - Intercept: 4 m - From: 50 m - To: 54 m - Intercept Depth: 26 m #### Classification - Program: mixed - Sample Type: drill - Group ID: KGDD25004:50-54 #### QA/QC - QP Signed: Yes - QA/QC Methods: standards #### Compositing - Cutoff Grade: 0.5 - Cutoff Unit: g/t Au - Dilution Disclosed: Yes - Max Dilution: 2 m #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Interp. Status: scored - Historical: Yes - Historical Source Date: 2026-02-13T00:00:00.000Z #### Dates - Event date: 2026-09-29T00:00:00.000Z Reasoning: This intercept shows a strong gold grade over a narrow width, but it is a restatement of historical data. - Positive factor: Grade is strong for gold in an orogenic system. - Negative factor: Result is a restatement of previously reported data. Evidence · text > 4 m at 2.72 g/t Au from 50 m #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Compositing Transparent** Polarity: positive Definition: Cut-off grade and internal dilution rules are clearly stated for reported intervals. Why it applies: cutoff\_grade and internal dilution are both stated **Stale Data Re-release** Polarity: negative Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty. Why it applies: the fact restates a prior release **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "mixed" **Nearology Play** Polarity: neutral Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: proximity is offered as the value premise: "Extensive RC Program Beginning Shortly, 15 July 2025 • SAM geophysical survey commencing around Lighthorse, and explorat" ### KGDD25004 [Link to this fact](https://atlas-staging.minestarters.com/news/kal-annual-report-to-shareholders--6160eeac-9e65-4966-9d37-5ba6f6a5d727#fact-drill-facts-92) Pinjin South · gold Historical result Needs review: historical\_restatement #### Identity - Hole ID: KGDD25004 - Project: Pinjin South - Commodity: gold - Region: australia\_wa - Reported Region: australia\_wa - Ticker: KAL #### Geometry - Grade: 1.87 - Grade Unit: g/t - Intercept: 6 m - From: 49 m - To: 55 m - Intercept Depth: 26 m #### Classification - Program: mixed - Sample Type: drill - Group ID: KGDD25004:49-55 #### QA/QC - QP Signed: Yes - QA/QC Methods: standards #### Compositing - Cutoff Grade: 0.1 - Cutoff Unit: g/t Au - Dilution Disclosed: Yes - Max Dilution: 2 m #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Interp. Status: scored - Historical: Yes - Historical Source Date: 2026-02-13T00:00:00.000Z #### Dates - Event date: 2026-09-29T00:00:00.000Z Reasoning: This enveloping zone shows a strong gold grade over a narrow width, but it is a restatement of historical data. - Positive factor: Grade is strong for gold in an orogenic system. - Negative factor: Result is a restatement of previously reported data. Evidence · text > 6 m at 1.87 g/t Au from 49 m #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Compositing Transparent** Polarity: positive Definition: Cut-off grade and internal dilution rules are clearly stated for reported intervals. Why it applies: cutoff\_grade and internal dilution are both stated **Stale Data Re-release** Polarity: negative Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty. Why it applies: the fact restates a prior release **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "mixed" **Nearology Play** Polarity: neutral Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: proximity is offered as the value premise: "Extensive RC Program Beginning Shortly, 15 July 2025 • SAM geophysical survey commencing around Lighthorse, and explorat" ### KGDD25004 [Link to this fact](https://atlas-staging.minestarters.com/news/kal-annual-report-to-shareholders--6160eeac-9e65-4966-9d37-5ba6f6a5d727#fact-drill-facts-93) Pinjin South · gold Historical result Needs review: historical\_restatement #### Identity - Hole ID: KGDD25004 - Project: Pinjin South - Commodity: gold - Region: australia\_wa - Reported Region: australia\_wa - Ticker: KAL #### Geometry - Grade: 4.59 - Grade Unit: g/t - Intercept: 2 m - From: 51 m - To: 53 m - Intercept Depth: 26 m #### Classification - Program: mixed - Sample Type: drill - Group ID: KGDD25004:51-53 #### QA/QC - QP Signed: Yes - QA/QC Methods: standards #### Compositing - Cutoff Grade: 2 - Cutoff Unit: g/t Au - Dilution Disclosed: Yes - Max Dilution: 2 m #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Interp. Status: scored - Historical: Yes - Historical Source Date: 2026-02-13T00:00:00.000Z #### Dates - Event date: 2026-09-29T00:00:00.000Z Reasoning: This sub-interval shows a strong gold grade over a narrow width, but it is a restatement of historical data. - Positive factor: Grade is strong for gold in an orogenic system. - Negative factor: Result is a restatement of previously reported data. Evidence · text > 2 m at 4.59 g/t Au from 51 m #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Compositing Transparent** Polarity: positive Definition: Cut-off grade and internal dilution rules are clearly stated for reported intervals. Why it applies: cutoff\_grade and internal dilution are both stated **Stale Data Re-release** Polarity: negative Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty. Why it applies: the fact restates a prior release **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "mixed" **Nearology Play** Polarity: neutral Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: proximity is offered as the value premise: "Extensive RC Program Beginning Shortly, 15 July 2025 • SAM geophysical survey commencing around Lighthorse, and explorat" ### KGDD25004 [Link to this fact](https://atlas-staging.minestarters.com/news/kal-annual-report-to-shareholders--6160eeac-9e65-4966-9d37-5ba6f6a5d727#fact-drill-facts-94) Pinjin South · gold Historical result Needs review: historical\_restatement #### Identity - Hole ID: KGDD25004 - Project: Pinjin South - Commodity: gold - Region: australia\_wa - Reported Region: australia\_wa - Ticker: KAL #### Geometry - Grade: 2.24 - Grade Unit: g/t - Intercept: 28 m - From: 92 m - To: 120 m - Intercept Depth: 26 m #### Classification - Program: mixed - Sample Type: drill - Group ID: KGDD25004:92-120 #### QA/QC - QP Signed: Yes - QA/QC Methods: standards #### Compositing - Cutoff Grade: 0.5 - Cutoff Unit: g/t Au - Dilution Disclosed: Yes - Max Dilution: 2 m #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Interp. Status: scored - Historical: Yes - Historical Source Date: 2026-02-13T00:00:00.000Z #### Dates - Event date: 2026-09-29T00:00:00.000Z Reasoning: This intercept shows a strong gold grade over an excellent width, but it is a restatement of historical data. - Positive factor: Grade is strong for gold in an orogenic system. - Positive factor: Excellent intercept length. - Negative factor: Result is a restatement of previously reported data. Evidence · text > 28 m at 2.24 g/t Au from 92 m #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Compositing Transparent** Polarity: positive Definition: Cut-off grade and internal dilution rules are clearly stated for reported intervals. Why it applies: cutoff\_grade and internal dilution are both stated **Stale Data Re-release** Polarity: negative Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty. Why it applies: the fact restates a prior release **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "mixed" **Nearology Play** Polarity: neutral Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: proximity is offered as the value premise: "Extensive RC Program Beginning Shortly, 15 July 2025 • SAM geophysical survey commencing around Lighthorse, and explorat" ### KGDD25004 [Link to this fact](https://atlas-staging.minestarters.com/news/kal-annual-report-to-shareholders--6160eeac-9e65-4966-9d37-5ba6f6a5d727#fact-drill-facts-95) Pinjin South · gold Historical result Needs review: historical\_restatement #### Identity - Hole ID: KGDD25004 - Project: Pinjin South - Commodity: gold - Region: australia\_wa - Reported Region: australia\_wa - Ticker: KAL #### Geometry - Grade: 2.18 - Grade Unit: g/t - Intercept: 29 m - From: 91 m - To: 120 m - Intercept Depth: 26 m #### Classification - Program: mixed - Sample Type: drill - Group ID: KGDD25004:91-120 #### QA/QC - QP Signed: Yes - QA/QC Methods: standards #### Compositing - Cutoff Grade: 0.1 - Cutoff Unit: g/t Au - Dilution Disclosed: Yes - Max Dilution: 2 m #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Interp. Status: scored - Historical: Yes - Historical Source Date: 2026-02-13T00:00:00.000Z #### Dates - Event date: 2026-09-29T00:00:00.000Z Reasoning: This enveloping zone shows a strong gold grade over an excellent width, but it is a restatement of historical data. - Positive factor: Grade is strong for gold in an orogenic system. - Positive factor: Excellent intercept length. - Negative factor: Result is a restatement of previously reported data. Evidence · text > 29 m at 2.18 g/t Au from 91 m #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Compositing Transparent** Polarity: positive Definition: Cut-off grade and internal dilution rules are clearly stated for reported intervals. Why it applies: cutoff\_grade and internal dilution are both stated **Stale Data Re-release** Polarity: negative Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty. Why it applies: the fact restates a prior release **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "mixed" **Nearology Play** Polarity: neutral Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: proximity is offered as the value premise: "Extensive RC Program Beginning Shortly, 15 July 2025 • SAM geophysical survey commencing around Lighthorse, and explorat" ### KGDD25004 [Link to this fact](https://atlas-staging.minestarters.com/news/kal-annual-report-to-shareholders--6160eeac-9e65-4966-9d37-5ba6f6a5d727#fact-drill-facts-96) Pinjin South · gold Historical result Needs review: historical\_restatement #### Identity - Hole ID: KGDD25004 - Project: Pinjin South - Commodity: gold - Region: australia\_wa - Reported Region: australia\_wa - Ticker: KAL #### Geometry - Grade: 3.21 - Grade Unit: g/t - Intercept: 8.5 m - From: 96 m - To: 104.5 m - Intercept Depth: 26 m #### Classification - Program: mixed - Sample Type: drill - Group ID: KGDD25004:96-104.5 #### QA/QC - QP Signed: Yes - QA/QC Methods: standards #### Compositing - Cutoff Grade: 2 - Cutoff Unit: g/t Au - Dilution Disclosed: Yes - Max Dilution: 2 m #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Interp. Status: scored - Historical: Yes - Historical Source Date: 2026-02-13T00:00:00.000Z #### Dates - Event date: 2026-09-29T00:00:00.000Z Reasoning: This sub-interval shows a strong gold grade over a good width, but it is a restatement of historical data. - Positive factor: Grade is strong for gold in an orogenic system. - Negative factor: Result is a restatement of previously reported data. Evidence · text > 8.5 m at 3.21 g/t Au from 96 m #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Compositing Transparent** Polarity: positive Definition: Cut-off grade and internal dilution rules are clearly stated for reported intervals. Why it applies: cutoff\_grade and internal dilution are both stated **Stale Data Re-release** Polarity: negative Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty. Why it applies: the fact restates a prior release **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "mixed" **Nearology Play** Polarity: neutral Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: proximity is offered as the value premise: "Extensive RC Program Beginning Shortly, 15 July 2025 • SAM geophysical survey commencing around Lighthorse, and explorat" ### KGDD25004 [Link to this fact](https://atlas-staging.minestarters.com/news/kal-annual-report-to-shareholders--6160eeac-9e65-4966-9d37-5ba6f6a5d727#fact-drill-facts-97) Pinjin South · gold Historical result Needs review: historical\_restatement #### Identity - Hole ID: KGDD25004 - Project: Pinjin South - Commodity: gold - Region: australia\_wa - Reported Region: australia\_wa - Ticker: KAL #### Geometry - Grade: 2.82 - Grade Unit: g/t - Intercept: 9 m - From: 110 m - To: 119 m - Intercept Depth: 26 m #### Classification - Program: mixed - Sample Type: drill - Group ID: KGDD25004:110-119 #### QA/QC - QP Signed: Yes - QA/QC Methods: standards #### Compositing - Cutoff Grade: 2 - Cutoff Unit: g/t Au - Dilution Disclosed: Yes - Max Dilution: 2 m #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Interp. Status: scored - Historical: Yes - Historical Source Date: 2026-02-13T00:00:00.000Z #### Dates - Event date: 2026-09-29T00:00:00.000Z Reasoning: This sub-interval shows a strong gold grade over a good width, but it is a restatement of historical data. - Positive factor: Grade is strong for gold in an orogenic system. - Negative factor: Result is a restatement of previously reported data. Evidence · text > 9 m at 2.82 g/t Au from 110 m #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Compositing Transparent** Polarity: positive Definition: Cut-off grade and internal dilution rules are clearly stated for reported intervals. Why it applies: cutoff\_grade and internal dilution are both stated **Stale Data Re-release** Polarity: negative Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty. Why it applies: the fact restates a prior release **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "mixed" **Nearology Play** Polarity: neutral Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: proximity is offered as the value premise: "Extensive RC Program Beginning Shortly, 15 July 2025 • SAM geophysical survey commencing around Lighthorse, and explorat" ### KGDD25001 [Link to this fact](https://atlas-staging.minestarters.com/news/kal-annual-report-to-shareholders--6160eeac-9e65-4966-9d37-5ba6f6a5d727#fact-drill-facts-98) Pinjin South · gold Historical result Needs review: historical\_restatement #### Identity - Hole ID: KGDD25001 - Project: Pinjin South - Commodity: gold - Region: australia\_wa - Reported Region: australia\_wa - Ticker: KAL #### Geometry - Grade: 1.03 - Grade Unit: g/t - Intercept: 10 m - From: 231 m - To: 241 m - Intercept Depth: 231 m #### Classification - Program: mixed - Sample Type: drill - Group ID: KGDD25001:231-241 #### QA/QC - QP Signed: Yes - QA/QC Methods: standards #### Compositing - Cutoff Grade: 0.5 - Cutoff Unit: g/t Au - Dilution Disclosed: Yes - Max Dilution: 2 m #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Interp. Status: scored - Historical: Yes - Historical Source Date: 2026-02-13T00:00:00.000Z #### Dates - Event date: 2026-09-29T00:00:00.000Z Reasoning: This intercept shows a moderate gold grade over a moderate width, but it is a restatement of historical data. - Positive factor: Grade is moderate for gold in an orogenic system. - Negative factor: Result is a restatement of previously reported data. Evidence · text > KGDD25001 10 m at 1.03 g/t Au from 231 m #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Compositing Transparent** Polarity: positive Definition: Cut-off grade and internal dilution rules are clearly stated for reported intervals. Why it applies: cutoff\_grade and internal dilution are both stated **Stale Data Re-release** Polarity: negative Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty. Why it applies: the fact restates a prior release **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "mixed" **Nearology Play** Polarity: neutral Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: proximity is offered as the value premise: "Extensive RC Program Beginning Shortly, 15 July 2025 • SAM geophysical survey commencing around Lighthorse, and explorat" ### KGDD25001 [Link to this fact](https://atlas-staging.minestarters.com/news/kal-annual-report-to-shareholders--6160eeac-9e65-4966-9d37-5ba6f6a5d727#fact-drill-facts-99) Pinjin South · gold Historical result Needs review: historical\_restatement #### Identity - Hole ID: KGDD25001 - Project: Pinjin South - Commodity: gold - Region: australia\_wa - Reported Region: australia\_wa - Ticker: KAL #### Geometry - Grade: 0.97 - Grade Unit: g/t - Intercept: 11 m - From: 230 m - To: 241 m - Intercept Depth: 231 m #### Classification - Program: mixed - Sample Type: drill - Group ID: KGDD25001:230-241 #### QA/QC - QP Signed: Yes - QA/QC Methods: standards #### Compositing - Cutoff Grade: 0.1 - Cutoff Unit: g/t Au - Dilution Disclosed: Yes - Max Dilution: 2 m #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Interp. Status: scored - Historical: Yes - Historical Source Date: 2026-02-13T00:00:00.000Z #### Dates - Event date: 2026-09-29T00:00:00.000Z Reasoning: This enveloping zone shows a moderate gold grade over a good width, but it is a restatement of historical data. - Negative factor: Grade is moderate for gold in an orogenic system, but close to the weak threshold. - Negative factor: Result is a restatement of previously reported data. Evidence · text > 11 m at 0.97 g/t Au from 230 m #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Compositing Transparent** Polarity: positive Definition: Cut-off grade and internal dilution rules are clearly stated for reported intervals. Why it applies: cutoff\_grade and internal dilution are both stated **Stale Data Re-release** Polarity: negative Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty. Why it applies: the fact restates a prior release **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "mixed" **Nearology Play** Polarity: neutral Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: proximity is offered as the value premise: "Extensive RC Program Beginning Shortly, 15 July 2025 • SAM geophysical survey commencing around Lighthorse, and explorat" ### KGDD25001 [Link to this fact](https://atlas-staging.minestarters.com/news/kal-annual-report-to-shareholders--6160eeac-9e65-4966-9d37-5ba6f6a5d727#fact-drill-facts-100) Pinjin South · gold Historical result Needs review: historical\_restatement #### Identity - Hole ID: KGDD25001 - Project: Pinjin South - Commodity: gold - Region: australia\_wa - Reported Region: australia\_wa - Ticker: KAL #### Geometry - Grade: 2.83 - Grade Unit: g/t - Intercept: 1 m - From: 233 m - To: 234 m - Intercept Depth: 231 m #### Classification - Program: mixed - Sample Type: drill - Group ID: KGDD25001:233-234 #### QA/QC - QP Signed: Yes - QA/QC Methods: standards #### Compositing - Cutoff Grade: 2 - Cutoff Unit: g/t Au - Dilution Disclosed: Yes - Max Dilution: 2 m #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Interp. Status: scored - Historical: Yes - Historical Source Date: 2026-02-13T00:00:00.000Z #### Dates - Event date: 2026-09-29T00:00:00.000Z Reasoning: This sub-interval shows a strong gold grade over a very narrow width, but it is a restatement of historical data. - Positive factor: Grade is strong for gold in an orogenic system. - Negative factor: Result is a restatement of previously reported data. Evidence · text > 1m at 2.83 g/t Au from 233 m #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Compositing Transparent** Polarity: positive Definition: Cut-off grade and internal dilution rules are clearly stated for reported intervals. Why it applies: cutoff\_grade and internal dilution are both stated **Stale Data Re-release** Polarity: negative Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty. Why it applies: the fact restates a prior release **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "mixed" **Nearology Play** Polarity: neutral Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: proximity is offered as the value premise: "Extensive RC Program Beginning Shortly, 15 July 2025 • SAM geophysical survey commencing around Lighthorse, and explorat" ### KGDD25001 [Link to this fact](https://atlas-staging.minestarters.com/news/kal-annual-report-to-shareholders--6160eeac-9e65-4966-9d37-5ba6f6a5d727#fact-drill-facts-101) Pinjin South · gold Historical result Needs review: historical\_restatement #### Identity - Hole ID: KGDD25001 - Project: Pinjin South - Commodity: gold - Region: australia\_wa - Reported Region: australia\_wa - Ticker: KAL #### Geometry - Grade: 2.14 - Grade Unit: g/t - Intercept: 1 m - From: 237 m - To: 238 m - Intercept Depth: 231 m #### Classification - Program: mixed - Sample Type: drill - Group ID: KGDD25001:237-238 #### QA/QC - QP Signed: Yes - QA/QC Methods: standards #### Compositing - Cutoff Grade: 2 - Cutoff Unit: g/t Au - Dilution Disclosed: Yes - Max Dilution: 2 m #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Interp. Status: scored - Historical: Yes - Historical Source Date: 2026-02-13T00:00:00.000Z #### Dates - Event date: 2026-09-29T00:00:00.000Z Reasoning: This sub-interval shows a strong gold grade over a very narrow width, but it is a restatement of historical data. - Positive factor: Grade is strong for gold in an orogenic system. - Negative factor: Result is a restatement of previously reported data. Evidence · text > 1m at 2.14 g/t Au from 237 m #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Compositing Transparent** Polarity: positive Definition: Cut-off grade and internal dilution rules are clearly stated for reported intervals. Why it applies: cutoff\_grade and internal dilution are both stated **Stale Data Re-release** Polarity: negative Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty. Why it applies: the fact restates a prior release **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "mixed" **Nearology Play** Polarity: neutral Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: proximity is offered as the value premise: "Extensive RC Program Beginning Shortly, 15 July 2025 • SAM geophysical survey commencing around Lighthorse, and explorat" ### KGDD25002 [Link to this fact](https://atlas-staging.minestarters.com/news/kal-annual-report-to-shareholders--6160eeac-9e65-4966-9d37-5ba6f6a5d727#fact-drill-facts-102) Pinjin South · gold Historical result Needs review: historical\_restatement #### Identity - Hole ID: KGDD25002 - Project: Pinjin South - Commodity: gold - Region: australia\_wa - Reported Region: australia\_wa - Ticker: KAL #### Geometry - Grade: 0.91 - Grade Unit: g/t - Intercept: 2 m - From: 259 m - To: 261 m - Intercept Depth: 259 m #### Classification - Program: mixed - Sample Type: drill - Group ID: KGDD25002:259-261 #### QA/QC - QP Signed: Yes - QA/QC Methods: standards #### Compositing - Cutoff Grade: 0.5 - Cutoff Unit: g/t Au - Dilution Disclosed: Yes - Max Dilution: 2 m #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Interp. Status: scored - Historical: Yes - Historical Source Date: 2026-02-13T00:00:00.000Z #### Dates - Event date: 2026-09-29T00:00:00.000Z Reasoning: This intercept shows a moderate gold grade over a narrow width, but it is a restatement of historical data. - Negative factor: Grade is moderate for gold in an orogenic system, but close to the weak threshold. - Negative factor: Result is a restatement of previously reported data. Evidence · text > KGDD25002 2 m at 0.91 g/t Au from 259 m #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Compositing Transparent** Polarity: positive Definition: Cut-off grade and internal dilution rules are clearly stated for reported intervals. Why it applies: cutoff\_grade and internal dilution are both stated **Stale Data Re-release** Polarity: negative Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty. Why it applies: the fact restates a prior release **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "mixed" **Nearology Play** Polarity: neutral Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: proximity is offered as the value premise: "Extensive RC Program Beginning Shortly, 15 July 2025 • SAM geophysical survey commencing around Lighthorse, and explorat" ### KGDD25002 [Link to this fact](https://atlas-staging.minestarters.com/news/kal-annual-report-to-shareholders--6160eeac-9e65-4966-9d37-5ba6f6a5d727#fact-drill-facts-103) Pinjin South · gold Historical result Needs review: historical\_restatement #### Identity - Hole ID: KGDD25002 - Project: Pinjin South - Commodity: gold - Region: australia\_wa - Reported Region: australia\_wa - Ticker: KAL #### Geometry - Grade: 0.51 - Grade Unit: g/t - Intercept: 21 m - From: 255 m - To: 276 m - Intercept Depth: 259 m #### Classification - Program: mixed - Sample Type: drill - Group ID: KGDD25002:255-276 #### QA/QC - QP Signed: Yes - QA/QC Methods: standards #### Compositing - Cutoff Grade: 0.1 - Cutoff Unit: g/t Au - Dilution Disclosed: Yes - Max Dilution: 2 m #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Interp. Status: scored - Historical: Yes - Historical Source Date: 2026-02-13T00:00:00.000Z #### Dates - Event date: 2026-09-29T00:00:00.000Z Reasoning: This enveloping zone shows a moderate gold grade over a good width, but it is a restatement of historical data. - Negative factor: Grade is moderate for gold in an orogenic system, but close to the weak threshold. - Negative factor: Result is a restatement of previously reported data. Evidence · text > 21 m at 0.51 g/t Au from 255 m #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Compositing Transparent** Polarity: positive Definition: Cut-off grade and internal dilution rules are clearly stated for reported intervals. Why it applies: cutoff\_grade and internal dilution are both stated **Stale Data Re-release** Polarity: negative Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty. Why it applies: the fact restates a prior release **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "mixed" **Nearology Play** Polarity: neutral Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: proximity is offered as the value premise: "Extensive RC Program Beginning Shortly, 15 July 2025 • SAM geophysical survey commencing around Lighthorse, and explorat" ### KGDD25002 [Link to this fact](https://atlas-staging.minestarters.com/news/kal-annual-report-to-shareholders--6160eeac-9e65-4966-9d37-5ba6f6a5d727#fact-drill-facts-104) Pinjin South · gold Historical result Needs review: historical\_restatement #### Identity - Hole ID: KGDD25002 - Project: Pinjin South - Commodity: gold - Region: australia\_wa - Reported Region: australia\_wa - Ticker: KAL #### Geometry - Grade: 0.94 - Grade Unit: g/t - Intercept: 6 m - From: 268 m - To: 274 m - Intercept Depth: 259 m #### Classification - Program: mixed - Sample Type: drill - Group ID: KGDD25002:268-274 #### QA/QC - QP Signed: Yes - QA/QC Methods: standards #### Compositing - Cutoff Grade: 0.5 - Cutoff Unit: g/t Au - Dilution Disclosed: Yes - Max Dilution: 2 m #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Interp. Status: scored - Historical: Yes - Historical Source Date: 2026-02-13T00:00:00.000Z #### Dates - Event date: 2026-09-29T00:00:00.000Z Reasoning: This intercept shows a moderate gold grade over a narrow width, but it is a restatement of historical data. - Negative factor: Grade is moderate for gold in an orogenic system, but close to the weak threshold. - Negative factor: Result is a restatement of previously reported data. Evidence · text > 6 m at 0.94 g/t Au from 268 m #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Compositing Transparent** Polarity: positive Definition: Cut-off grade and internal dilution rules are clearly stated for reported intervals. Why it applies: cutoff\_grade and internal dilution are both stated **Stale Data Re-release** Polarity: negative Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty. Why it applies: the fact restates a prior release **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "mixed" **Nearology Play** Polarity: neutral Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: proximity is offered as the value premise: "Extensive RC Program Beginning Shortly, 15 July 2025 • SAM geophysical survey commencing around Lighthorse, and explorat" ### KGDD25002 [Link to this fact](https://atlas-staging.minestarters.com/news/kal-annual-report-to-shareholders--6160eeac-9e65-4966-9d37-5ba6f6a5d727#fact-drill-facts-105) Pinjin South · gold Historical result Needs review: historical\_restatement #### Identity - Hole ID: KGDD25002 - Project: Pinjin South - Commodity: gold - Region: australia\_wa - Reported Region: australia\_wa - Ticker: KAL #### Geometry - Grade: 1.14 - Grade Unit: g/t - Intercept: 1 m - From: 336 m - To: 337 m - Intercept Depth: 259 m #### Classification - Program: mixed - Sample Type: drill - Group ID: KGDD25002:336-337 #### QA/QC - QP Signed: Yes - QA/QC Methods: standards #### Compositing - Cutoff Grade: 0.5 - Cutoff Unit: g/t Au - Dilution Disclosed: Yes - Max Dilution: 2 m #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Interp. Status: scored - Historical: Yes - Historical Source Date: 2026-02-13T00:00:00.000Z #### Dates - Event date: 2026-09-29T00:00:00.000Z Reasoning: This intercept shows a moderate gold grade over a very narrow width, but it is a restatement of historical data. - Positive factor: Grade is moderate for gold in an orogenic system. - Negative factor: Result is a restatement of previously reported data. Evidence · text > 1 m at 1.14 g/t Au from 336 m #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Compositing Transparent** Polarity: positive Definition: Cut-off grade and internal dilution rules are clearly stated for reported intervals. Why it applies: cutoff\_grade and internal dilution are both stated **Stale Data Re-release** Polarity: negative Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty. Why it applies: the fact restates a prior release **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "mixed" **Nearology Play** Polarity: neutral Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: proximity is offered as the value premise: "Extensive RC Program Beginning Shortly, 15 July 2025 • SAM geophysical survey commencing around Lighthorse, and explorat" ### KGDD25002 [Link to this fact](https://atlas-staging.minestarters.com/news/kal-annual-report-to-shareholders--6160eeac-9e65-4966-9d37-5ba6f6a5d727#fact-drill-facts-106) Pinjin South · gold Historical result Needs review: historical\_restatement #### Identity - Hole ID: KGDD25002 - Project: Pinjin South - Commodity: gold - Region: australia\_wa - Reported Region: australia\_wa - Ticker: KAL #### Geometry - Grade: 0.51 - Grade Unit: g/t - Intercept: 3 m - From: 336 m - To: 339 m - Intercept Depth: 259 m #### Classification - Program: mixed - Sample Type: drill - Group ID: KGDD25002:336-339 #### QA/QC - QP Signed: Yes - QA/QC Methods: standards #### Compositing - Cutoff Grade: 0.1 - Cutoff Unit: g/t Au - Dilution Disclosed: Yes - Max Dilution: 2 m #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Interp. Status: scored - Historical: Yes - Historical Source Date: 2026-02-13T00:00:00.000Z #### Dates - Event date: 2026-09-29T00:00:00.000Z Reasoning: This enveloping zone shows a moderate gold grade over a narrow width, but it is a restatement of historical data. - Negative factor: Grade is moderate for gold in an orogenic system, but close to the weak threshold. - Negative factor: Result is a restatement of previously reported data. Evidence · text > 3 m at 0.51 g/t Au from 336 m #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Compositing Transparent** Polarity: positive Definition: Cut-off grade and internal dilution rules are clearly stated for reported intervals. Why it applies: cutoff\_grade and internal dilution are both stated **Stale Data Re-release** Polarity: negative Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty. Why it applies: the fact restates a prior release **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "mixed" **Nearology Play** Polarity: neutral Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: proximity is offered as the value premise: "Extensive RC Program Beginning Shortly, 15 July 2025 • SAM geophysical survey commencing around Lighthorse, and explorat" ### KGDD25002 [Link to this fact](https://atlas-staging.minestarters.com/news/kal-annual-report-to-shareholders--6160eeac-9e65-4966-9d37-5ba6f6a5d727#fact-drill-facts-107) Pinjin South · gold Historical result Needs review: historical\_restatement #### Identity - Hole ID: KGDD25002 - Project: Pinjin South - Commodity: gold - Region: australia\_wa - Reported Region: australia\_wa - Ticker: KAL #### Geometry - Grade: 1.18 - Grade Unit: g/t - Intercept: 1 m - From: 350 m - To: 351 m - Intercept Depth: 259 m #### Classification - Program: mixed - Sample Type: drill - Group ID: KGDD25002:350-351 #### QA/QC - QP Signed: Yes - QA/QC Methods: standards #### Compositing - Cutoff Grade: 0.5 - Cutoff Unit: g/t Au - Dilution Disclosed: Yes - Max Dilution: 2 m #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Interp. Status: scored - Historical: Yes - Historical Source Date: 2026-02-13T00:00:00.000Z #### Dates - Event date: 2026-09-29T00:00:00.000Z Reasoning: This intercept shows a moderate gold grade over a very narrow width, but it is a restatement of historical data. - Positive factor: Grade is moderate for gold in an orogenic system. - Negative factor: Result is a restatement of previously reported data. Evidence · text > 1 m at 1.18 g/t Au from 350 m #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Compositing Transparent** Polarity: positive Definition: Cut-off grade and internal dilution rules are clearly stated for reported intervals. Why it applies: cutoff\_grade and internal dilution are both stated **Stale Data Re-release** Polarity: negative Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty. Why it applies: the fact restates a prior release **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "mixed" **Nearology Play** Polarity: neutral Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: proximity is offered as the value premise: "Extensive RC Program Beginning Shortly, 15 July 2025 • SAM geophysical survey commencing around Lighthorse, and explorat" ### KGDD25002 [Link to this fact](https://atlas-staging.minestarters.com/news/kal-annual-report-to-shareholders--6160eeac-9e65-4966-9d37-5ba6f6a5d727#fact-drill-facts-108) Pinjin South · gold Historical result Needs review: historical\_restatement #### Identity - Hole ID: KGDD25002 - Project: Pinjin South - Commodity: gold - Region: australia\_wa - Reported Region: australia\_wa - Ticker: KAL #### Geometry - Grade: 0.78 - Grade Unit: g/t - Intercept: 2 m - From: 349 m - To: 351 m - Intercept Depth: 259 m #### Classification - Program: mixed - Sample Type: drill - Group ID: KGDD25002:349-351 #### QA/QC - QP Signed: Yes - QA/QC Methods: standards #### Compositing - Cutoff Grade: 0.1 - Cutoff Unit: g/t Au - Dilution Disclosed: Yes - Max Dilution: 2 m #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Interp. Status: scored - Historical: Yes - Historical Source Date: 2026-02-13T00:00:00.000Z #### Dates - Event date: 2026-09-29T00:00:00.000Z Reasoning: This enveloping zone shows a moderate gold grade over a narrow width, but it is a restatement of historical data. - Negative factor: Grade is moderate for gold in an orogenic system, but close to the weak threshold. - Negative factor: Result is a restatement of previously reported data. Evidence · text > 2 m at 0.78 g/t Au from 349 m #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Compositing Transparent** Polarity: positive Definition: Cut-off grade and internal dilution rules are clearly stated for reported intervals. Why it applies: cutoff\_grade and internal dilution are both stated **Stale Data Re-release** Polarity: negative Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty. Why it applies: the fact restates a prior release **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "mixed" **Nearology Play** Polarity: neutral Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: proximity is offered as the value premise: "Extensive RC Program Beginning Shortly, 15 July 2025 • SAM geophysical survey commencing around Lighthorse, and explorat" ### KGDD25003 [Link to this fact](https://atlas-staging.minestarters.com/news/kal-annual-report-to-shareholders--6160eeac-9e65-4966-9d37-5ba6f6a5d727#fact-drill-facts-109) Pinjin South · gold Historical result Needs review: historical\_restatement #### Identity - Hole ID: KGDD25003 - Project: Pinjin South - Commodity: gold - Region: australia\_wa - Reported Region: australia\_wa - Ticker: KAL #### Geometry - Grade: 0.53 - Grade Unit: g/t - Intercept: 4.5 m - From: 40 m - To: 44.5 m - Intercept Depth: 40 m #### Classification - Program: mixed - Sample Type: drill - Group ID: KGDD25003:40-44.5 #### QA/QC - QP Signed: Yes - QA/QC Methods: standards #### Compositing - Cutoff Grade: 0.5 - Cutoff Unit: g/t Au - Dilution Disclosed: Yes - Max Dilution: 2 m #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Interp. Status: scored - Historical: Yes - Historical Source Date: 2026-02-13T00:00:00.000Z #### Dates - Event date: 2026-09-29T00:00:00.000Z Reasoning: This intercept shows a moderate gold grade over a narrow width, but it is a restatement of historical data. - Negative factor: Grade is moderate for gold in an orogenic system, but close to the weak threshold. - Negative factor: Result is a restatement of previously reported data. Evidence · text > KGDD25003 4.5 m at 0.53 g/t Au from 40 m #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Compositing Transparent** Polarity: positive Definition: Cut-off grade and internal dilution rules are clearly stated for reported intervals. Why it applies: cutoff\_grade and internal dilution are both stated **Stale Data Re-release** Polarity: negative Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty. Why it applies: the fact restates a prior release **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "mixed" **Nearology Play** Polarity: neutral Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: proximity is offered as the value premise: "Extensive RC Program Beginning Shortly, 15 July 2025 • SAM geophysical survey commencing around Lighthorse, and explorat" ### KGDD25003 [Link to this fact](https://atlas-staging.minestarters.com/news/kal-annual-report-to-shareholders--6160eeac-9e65-4966-9d37-5ba6f6a5d727#fact-drill-facts-110) Pinjin South · gold Historical result Needs review: historical\_restatement #### Identity - Hole ID: KGDD25003 - Project: Pinjin South - Commodity: gold - Region: australia\_wa - Reported Region: australia\_wa - Ticker: KAL #### Geometry - Grade: 0.29 - Grade Unit: g/t - Intercept: 17 m - From: 32 m - To: 49 m - Intercept Depth: 40 m #### Classification - Program: mixed - Sample Type: drill - Group ID: KGDD25003:32-49 #### QA/QC - QP Signed: Yes - QA/QC Methods: standards #### Compositing - Cutoff Grade: 0.1 - Cutoff Unit: g/t Au - Dilution Disclosed: Yes - Max Dilution: 2 m #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Interp. Status: scored - Historical: Yes - Historical Source Date: 2026-02-13T00:00:00.000Z #### Dates - Event date: 2026-09-29T00:00:00.000Z Reasoning: This enveloping zone shows a weak gold grade over a good width, and it is a restatement of historical data. - Negative factor: Grade is weak for gold in an orogenic system. - Negative factor: Result is a restatement of previously reported data. Evidence · text > 17 m at 0.29 g/t Au from 32 m #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Compositing Transparent** Polarity: positive Definition: Cut-off grade and internal dilution rules are clearly stated for reported intervals. Why it applies: cutoff\_grade and internal dilution are both stated **Stale Data Re-release** Polarity: negative Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty. Why it applies: the fact restates a prior release **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "mixed" **Nearology Play** Polarity: neutral Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: proximity is offered as the value premise: "Extensive RC Program Beginning Shortly, 15 July 2025 • SAM geophysical survey commencing around Lighthorse, and explorat" ## How Atlas produces this analysis Minestarters Atlas uses automated extraction to summarize mining announcements, identify reported measurements, and classify supporting evidence. Sentiment reflects the extracted narrative and classification rules; it is an interpretation, not a reported measurement. Evidence quotes and context are provided where available. Missing data, low-confidence results, and review flags indicate limitations. Check the original publisher announcement before relying on an interpretation.