Golden Rim Investor Fact Sheet Resources www.goldenrim.com.au Growing footprint in West Africa ASX Code West Africa is emerging as one of the strongest growth areas in the world for gold production. Gold and GMR copper exploration and mining company, Golden Rim Resources (ASX: GMR) is capitalising on this opportunity by establishing an expanding foothold in the region (covering 3,770km2). The Company has advanced gold 52WK Share Price Range projects in Mali (Sepola, Faraba and Sanso) and recently acquired tenements in the geologically rich, Burkina $0.08 - $0.255 Faso. The potential for a low capital and early cash flow opportunity through toll treating is strengthened by GMR’s technical and administrative team with over 20 years experience in West Africa. Market Capitalisation (at 21 cents) Unique to junior explorers, GMR has the financial support from Abu Dhabi-based investment house, the Royal Group. The Royal Group is GMR’s largest shareholder (13.10%.) and the two companies have formed a Golden Rim $75M strategic alliance company, Royal Falcon Mining LLC (Royal Falcon). Royal Falcon actively seeks to expand its Resources Issued Capital participation in significant minerals projects internationally. Through the alliance, the companies have secured advanced gold and copper projects (Falun & Bersbo) in Sweden. 354.9M outstanding shares GMR is well placed to accelerate exploration, deliver increased resources and fund project acquisitions in the 24.3M unlisted options remainder of 2010, particularly in West Africa. Board of Directors West Africa Burkina Faso (GMR acquiring 100% following staged payments over 3 years) Rick Crabb, • 15 exploration permits covering an area of 3,370km2 with little modern exploration Chairman • Permits are strategically located on highly prospective greenstone belts, with major mineralizing structures Craig Mackay, and active artisanal gold mining • Soil sampling has outlined an extensive 1km wide gold anomaly at Sebba in a major shear zone Managing Director • Rock chip results up to 78.5 g/t gold from veining in the soil anomaly at Sebba Gilbert Rodgers, • Previous drilling intersections up to 11m @ 8.73 g/t gold remain open along strike and at depth at Yako Executive Director • Mineralisation exposed by recent artisanal workings on a number of permits offer walk-up drill targets • Focus: Drilling underway to test new targets at Sebba. Major geochemical sampling program continues to Glenister Lamont, test additional strike extent Non-Executive Director Sepola Project, Mali Nadir Ahmed Mohammad Al Hammadi, • Covers 300km2 and lies 40km SE of Sadiola and Yatela gold mines (containing 15Moz+ gold) and 40km Non-Executive Director NW of the Loulo gold deposit (containing 11Moz+ gold). Top Shareholders • Existing Inferred Resource of 3.8 Mt @ 1.5 g/t gold for 181,000 oz of gold (at 0.5 g/t gold cut-off) • Significant new gold mineralisation targets defined at Sepola by IP surveys PAL Technology 13.10% • Over 4km of potential new strike to be tested at Mogoyafara South prospect HSBC Custody Nominees 7.45% • Soil sampling completed at the Linnguekoto prospect outlined extensive new anomaly with results up to Rick Crabb Group 5.78% 6.1 g/t gold and rockchip samples up to 14.8 g/t obtained within this soil anomaly Citicorp Nominees Pty Ltd 3.33% • Additional drilling is expected to expand the number of resource ounces and lift the grade • Focus: Drilling of extensive new target areas based on recent rock chipping (1205g/t gold), soil W & MG Jansen Super Fund 2.54% geochemistry and geophysics with the aim of expanding existing resource Top 20 Holding Faraba Project, Mali 47.92% • Located only 120km SW of capital city Bamako, in Southern Mali • 99km2 comprising three licences (Faraba, Kadiouni, and Niaouleni West) 12-Month Share Price Performance • Covers highly prospective Birimian volcano-sedimentary rocks, host of major gold deposits in West Africa • Soil sampling on Faraba up to 6.5 g/t gold • TSXV-listed African Gold Group holds an adjoining licence and defined an Inferred Resource of 5.6Mt @ 3.02g/t gold for 546,933oz beneath a major arsenic soil anomaly - the same major arsenic soil anomaly extends for 8km through Faraba (walk-up drill targets) • Focus: Infill geochemical sampling in preparation for RAB drilling Sanso Project, Mali • Located 3km N of Morila gold mine (JV of Randgold Resources and AngloGold Ashanti), covering 4km2 • Morila gold mine currently produces >300,000 oz of gold p.a. with production planned through 2012 • Close proximity to the Morila mine offer scope to investigate toll treating of ore, should exploration NOVEMBER 2010 be successful Royal Group Alliance About Burkina Faso In July 2008, GMR entered into an alliance with PAL Technology Services LLC, a member of the Royal Group conglomerate based in Abu Dhabi, UAE. The alliance partners have incorporated a purpose specific company, Royal Falcon (GMR 35% and Royal Group 65%), to acquire, explore and develop major mineral projects and undertake operations for the alliance partners. GMR manages Royal Falcon and continues to search for quality and significantly sized projects. Sweden In April 2009, Royal Falcon and Drake Resources (Drake) executed a farm-in and joint venture agreement on the advanced Falun and Bersbo polymetallic projects in the Bergslagen district of central Sweden (Bergslagen JV). Under the terms of the agreement, Royal Falcon has the right to earn a 51% interest in the Falun and Bersbo licences by spending US$3M within three years. Royal Falcon then has the right to spend a further US$3M to increase this interest to 75%. To date, Royal Falcon has approved total financing of US$3M for Located in West Africa, Burkina Faso is gaining the Bergslagen JV. international attention as its mining industry A second phase of drilling has recently been completed, the results of which are expected to establish the first grows. The country has a new investment code JORC resource for the gold-copper zone and develop new targets in the region. that is helping to promote foreign investment, including a number of pro-mining programs. The Falun, Sweden (Royal Falcon earning 51% from DRK with the right to earn up to 75%) strongest increase in any sector during 2009 • Located 200km NW of Stockholm was in gold production. The government has • 101km2 comprising 6 licences around the historic mining centre of Falun announced their intention to set up a mining • Significant new zones of copper and gold mineralisation intercepted in the Eastern Copper-Gold Zone at development fund, but specifics have yet to Falun with intercepts including: 11.6m @ 61.2 g/t gold and 1.2% copper; and 21.4m @ 6.8 g/t gold and be released. In December, 800 international 0.9% copper delegates descended upon the capital city of • Very high-grade gold and broad zones of gold, copper and bismuth mineralisation intercepted Ouagadougou to attend the Promin Burkina • Focus: Resource estimation, gravity survey and re-assaying of deep historic drill holes 2009 conference – demonstrating the strong Bersbo, Sweden (Royal Falcon earning 51% from DRK with the right to earn up to 75%) international interest in the region. Burkina • Located 150km SW of Stockholm Faso has 6 gold mines and is expected to add • 275km2 comprising nine licences over the Bersbo massive sulphide belt 5 over the next 5 years according to Abdoulaye • Copper was mined at Bersbo for almost 1000 years Abdoulkader Cisse, the mining and energy • Lies in a ‘forgotten corner’ of Bergslagen and is regarded as almost totally unexplored minister. The most recent gold mine start- up, Essakane (IAMGOLD Corp), represents a Strengthened Team major milestone for Burkina Faso as the largest GMR made two important appointments this year to the team in West Africa. Geochemist Michael Bal is the private foreign investment in the country and a Manager of the West African Operations, located in the Company’s Bamako, Mali office. He has 33 years significant driver for the country moving forward. experience and has managed regional geochemical surveys covering an area of Birimian and Upper Proterzoic terrain, which led to the discovery of the Sadiola gold mine. Richard Zongo is GMR’s Country Manager for Producing gold mines in Burkina Faso: Burkina Faso working form the Company’s new regional office in Ouagadougou. He has worked for over 20 Kalsaka – Cluff Gold PLC years throughout West Africa and is a Burkinabe geologist with major resource development experience. Mana – Semafo Inc Taparko Bouroum – HRG/Severstal Youga – Etruscan Resources Inc. Essakane – IAMGOLD Corp. Inata – Avocet Mining Golden Rim Resources Ltd Craig Mackay, Managing Director Level 2, 10 Outram Street West Perth WA, 6005, Australia T: +61 8 9481 5758 F: +61 8 9481 5759 E: [email protected] Investor Relations Ann M Nahajski, Director AMN Corporate T: +61 (0)400 205 433 E: [email protected] Competent Person Statement The information in this report that relates to exploration results and mineral resources is based on information compiled by Mr Craig Mackay who is a member of The Australasian Institute of Mining and Metallurgy. Mr Mackay is a consultant of Golden Rim Resources Ltd through Earth Science Solutions Pty Ltd. Mr Mackay has sufficient experience, which is relevant to the style of mineralisation and type of deposit under consideration and to the activity, which he is undertaking to qualify as a Competent Person as defined in the 2004 Edition of the Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves. Mr Mackay consents to the inclusion in the report of the matters based on his information in the form and context in which it appears..