Golden Rim Resources Ltd I ABN 39 006 710 774 I Office 7, Level 2, 609 Canterbury Road, Surrey Hills VIC 3127, Australia

www.goldenrim.com.au I info@goldenrim.com.au I T + 61 3 9836 4146

ASX Announcement

27 February 2017

Investor Presentation Golden Rim Resources Ltd (Golden Rim, ASX: GMR) is pleased to provide its latest investor presentation, Near-Term Development Projects in Chile & Burkina Faso. The Company’s Managing Director, Craig Mackay, will be meeting with various institutional investors and private funds over the coming weeks, both in London and Toronto, to raise the Company’s profile and to continue to build relationships within the financial sector. The Company will also be exhibiting at the 2017 PDAC International Convention, Trade Show & Investors Exchange in Toronto.

-ENDS- For further information, please contact: Hayley Butcher Golden Rim Resources General Manager, Corporate and Company Secretary +61 0409 880 009

Further Company Information E: info@goldenrim.com.au W: goldenrim.com.au Capital Structure: Issued Shares: 1,787,820,000 Unlisted Options: 126,032,500 Share Registry: Link Market Services Limited Central Park Level 4 152 St Georges Terrace Perth WA 6000 Telephone: (+61) 1300 554 474 Fax: 02 9287 0303

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Investor PresentationFebruary 2017

www.goldenrim.com.au

Near-Term Development Projects in Chile & Burkina Faso

ASX:GMR

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This presentation has been prepared by Golden Rim Resources Limited (ABN 39 006 710 774) (“Golden Rim”) based on information available to it. No representation or warranty,

express or implied, is made as to the fairness, accuracy, completeness or correctness of the information, opinions and conclusions contained in this presentation. To the maximum extent

permitted by law, none of Golden Rim, its related bodies corporate, its or their directors, employees or agents, advisers, nor any other person accepts any liability for any loss arising from

the use of or reliance on this presentation or anything contained in, omitted from or otherwise arising in connection with it, including, without limitation, any liability arising from fault or

negligence on the part of Golden Rim, its related bodies corporate or its or their directors, employees or agents.

The distribution of this document in jurisdictions outside Australia may be restricted by law and you should observe any such restrictions.

This presentation is not an offer, invitation, solicitation or recommendation to invest in Golden Rim and neither this document nor anything in it shall form the basis of any contract or

commitment. The information in this presentation does not take into account the investment objectives, financial situation and particular needs of investors and does not constitute

investment, legal, tax or other advice. Before making an investment in Golden Rim an investor should consider whether such an investment is appropriate to their particular investment

objectives, financial situation and particular needs and consult a financial adviser if necessary. This presentation does not purport to constitute all of the information that a potential investor

may require in making an investment decision. Investments are subject to investment risk, including possible delays in repayment and loss of income or principal invested. Golden Rim

does not guarantee the performance of the investment referred to in this presentation, the repayment of any capital invested or any particular rate of return.

Any securities described in this presentation may not be offered or sold in the United States absent registration under the US Securities Act 1933 or exemption from registration. Neither

this document nor any copy thereof may be taken or transmitted in the United States or distributed, directly or indirectly, in the United States or to any US person including (1) any US

resident, (2) any partnership or corporation or other entity organised or incorporated under the laws of the United States or any state thereof, (3) any trust of which any trustee is a US

person, or (4) any agency or branch of a foreign entity located in the United States.

You acknowledge that circumstances may change and the contents of this presentation may become outdated as a result. Golden Rim accepts no obligation to correct or update the

information or opinions in this presentation. Opinions expressed are subject to change without notice.

By accepting this document, you agree to be bound by the above limitations.

The information in this report relating to the Exploration Targets and exploration results is extracted from the announcements Golden Rim Completes Acquisition of the Paguanta Zinc -

Silver - Lead Project dated 28 July 2017, Initial Exploration Target Defined for Korongou dated 16 July 2015, and Magneto-Telluric (MT) Survey Suggests Significant Extensions to the

Mineralisation at Paguanta dated 24 October 2016 and has been reported in accordance with the 2012 edition of the JORC Code. These announcements are available on the Company’s

website (www.goldenrim.com.au). The Company confirms that it is not aware of any new information or data that materially affects the information included in these announcements.

The information in this public report that relates to previous exploration results and is based on information compiled by Mr Craig Mackay who is a member of The Australasian Institute of

Mining and Metallurgy. Mr Mackay is an employee of Golden Rim Resources 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.

Certain statements in the presentation are or maybe “forward-looking statements” and represent Golden Rim’s intentions, projections, expectations or beliefs concerning among other

things, future exploration activities. The projections, estimates and beliefs contained in such forward looking statements necessarily involve known and unknown risks, uncertainties and

other factors, many of which are beyond the control of Golden Rim, and which may cause Golden Rim’s actual performance in future periods to differ materially from any express or

implied estimates or projections. Nothing in this presentation is a promise or representation as to the future. Statements or assumptions in this presentation as to future matters may prove

to be incorrect and differences may be material. Golden Rim does not make any representation or warranty as to the accuracy of such statements or assumptions.

Disclaimer & Competent Person Statement

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Two near-term development projects in mining friendly jurisdictions

Projects in geological terrains that produce world-class deposits

Paguanta Zinc-Silver-Lead Project in Chile High grade JORC 2004 Mineral Resource and extensive Exploration Target*

40,000m of drilling & majority of Feasibility Study completed

US$31.5m (A$43m) past expenditure

Golden Rim conducting drilling to expand the resource

Korongou Gold Project in Burkina Faso Initial Exploration Target of approximately 500,000 – 611,000 oz of gold (~70m depth)

Extensive exploration upside

Infill drilling planned for maiden JORC Mineral Resource

Compelling Valuation Upside in Rising Resources Market Zinc price has risen >60% in 12 months, substantial supply deficit forecast#

Increasing M & A activity in Burkina Faso for gold projects

Golden Rim’s current Enterprise Value (EV) is ~A$12m

Key Points

Page 3*Cautionary Statement: The potential quantity (tonnage) and grade of the Exploration Target is conceptual in nature. There has been insufficient exploration to estimate a Mineral Resources and it is uncertain if further exploration will result in the estimation of Mineral Resources; #ICBC Standard Bank, March 2016

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Corporate Snapshot (ASX:GMR)

12 Month Share Price Performance Capital Structure

ASX Code GMR

Share price (15 February 2017) A$0.01

52 week low/high A$0.002 - A$0.014

Liquidity (past 12 months) ~3.5M shares/day

Issued capital

- Shares on issue 1,787m

- Unlisted options 172m

Market capitalisation (undiluted) A$17.8m

Cash (31 December 2016) A$5.4m

Debt Nil

Enterprise Value A$12.4m

Shareholders

Board & Management 5.08%

Number of Shareholders ~4,900

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DirectorsGlenister Lamont Non Executive Chairman

Craig Mackay Managing Director

Rick Crabb Non Executive Director

Kathryn Davies Non Executive Director

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Board & Senior Management Team

Glenister Lamont, Non-Executive Chairman(BEng-Min (Hons), MBA, FAICD, FAusIMM, FFIN)Mining Engineer. Previously General Manager ofAshton Mining and Executive Director at UBS.

Craig Mackay, Managing Director(BAppSc-AppGeol, BSc (Hons), MSc, MAusIMM, MAICD)Geologist with over 29 years experience inAustralia, Asia, Africa and North America.Previous positions with major resourcecompanies, including Shell Metals, AcaciaResources, AngloGold.

Rick Crabb, Non-Executive Director(Bjuris (Hons), LLB, MBA, FAICD)Over 30 years experience in the resource sectorwith a background in legal and management.Current Chairman at Paladin Energy. Councillorof WA Division of Australia Institute of CompanyDirectors.

Kathryn Davies, Non-Executive Director(BBus, CPA, GAICD)Experienced executive across mining, oil andgas, industrial, healthcare and technologygroups, including Hardman Resources, MineralDeposits, Carnegie Minerals, Japara Healthcareand Planet Innovation.

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Hayley Butcher, General Manager Corporate,Company Secretary(BFA, MScL, ACIS, ACSA, GAICD)Chartered Secretary, governance and complianceprofessional. Experience with a number of ASXlisted companies.

Alex Raab, Exploration Manager(BSc-Geol, MSc)Geologist with over 20 years exploration and projectdevelopment experience in Latin America and NorthAmerica. Previous positions with several major andjunior mining companies, including HomestakeMining, Kennecott Minerals, MIM Exploration,Farwest Mining, Chapleau Resources, and OrosurMining.

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Paguanta Zinc-Silver-Lead Project, Chile

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Acquired July 2016 for US$1.5m cash & US$0.8m in shares (payable at Decision to Mine)

Golden Rim owns 70% and is manager

Granted Mining Licences with no expiry

Mining Easement signed (land access to 2029) Geological terrain hosting world-class mineral

deposits

195km by road from Iquique (Golden Rim office & a port that can ship concentrates)

Historical silver mine on 3 high-grade veins High grade zinc-silver-lead Mineral Resource*

outlined at the Patricia Prospect

Previous expenditure US$31.5m (A$43m)

~40,000m of drilling (mostly Diamond) Bulk of a Feasibility Study completed

Paguanta Zinc-Silver-Lead Project

Page 7*JORC 2004 Mineral Resource (see ASX Announcement 10 May 2016)

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Epithermal vein deposit

Multiple, fault -controlled mineralised veins (2 – 10m wide)

Sulphide breccia veins & stock work veins

Veins open at depth and along strike

Potential for new veins to be discovered (particularly to the south)

Excellent potential to significantly expand the resource

Patricia Geology

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Patricia Drill Section 494225E

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Drill core from Hole PTDD101 with hydrothermalbreccia from the Cathedral Vein. This metreinterval (119 – 120m) assayed 7.4% zinc, 14.6%lead, 631 g/t silver and 0.5 g/t gold.

Patricia Mineralisation

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Outcropping high grade Cathedral Vein zinc-silver-lead mineralisation associated withhydrothermal breccia and surrounding stockwork veining.

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Zinc-silver-lead orebodies outcrop with high grades at surface

Previous Feasibility Study proposed open pit followed by underground operations

Feasibility Study managed by Golder Associates (2012 – 2014) & included: Mine Design

Plant Design

Geology/Resource

Metallurgy

Power Supply

Hydrogeology/Water Supply

Tailings Dam

Geotechnical

Environmental (baseline, EIA)

Community

Access Road

Port (Concentrate Shipping)

Economic Evaluation

Paguanta Feasibility Study

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Patricia Exploration Upside

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Notes:• Cautionary Statement: The potential quantity (tonnage) and

grade of the Exploration Target is conceptual in nature. There has been insufficient exploration to estimate a Mineral Resource and it is uncertain if further exploration will result in the estimation of Mineral Resources.

• Mining Plus created an indicative mineralisation model to identify the potential location and size of the immediate strike and dip extensions to the current mineralised system utilising Leapfrog Geo implicit modelling software to create solids at a 3% cut-off grade and a maximum vein width of 5m.

• The Exploration Target was based on drilling data, surface geochemical data and a 3D model of Induced Polarisation (IP) chargeability data. The surface geochemical data (1,930 samples) and IP geophysical data (survey by Zonge, Chile, 2012) were utilised to support the continuity of mineralisation in areas where drilling was more sparse.

• A total of 28 RC drill holes (3,626m) and 11 diamond drill holes (1,338m) were used to prepare the Exploration Target. The holes are generally drilled on lines spaced from 20m – 250m apart, with a spacing along the lines ranging from 30m – 200m*.

• A base for the Exploration Target was set at 3250mRL – 200m below the base of the current drilling. The Exploration Target extends along strike for 250m from the eastern-most drill hole.

• The Exploration Target was calculated using a SG of 3.2 g/cm3

*Drill hole location diagram in Quarterly Activities Report for the period ending 30 September 2016

The Exploration Target represents potential polymetallic endowment at Patricia beyond the existing Mineral Resource.

JORC 2012 - Exploration Target

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Patricia MT* Geophysical Targets

Page 13*MT = Magneto-telluric

Section 495000mE (500m along strike from the existing zinc-silver-lead Mineral Resource)

Section 494600mE (on eastern edge of current Mineral Resource, which lies within red box)

Plan of MT 1D inversion resistivity at 400m depth (existing zinc-silver-lead mineralisation (dark red) & Mineral Resource (red box). Untested target area (orange ellipse)

Strong MT resistivity anomaly associated with zinc-silver-lead mineralisation

MT anomaly extends for at least 1km along strike (ESE) beyond the existing Mineral Resource and >1km at depth

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Paguanta – Pathway to Feasibility

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Planned Activities EnvisagedTiming

Mining easement agreement with landowners

Signed

Drilling (2,900m Diamond, 3,500m RC to test for depth & strike extensions to Patricia mineralisation, test for new veins to the south)

Underway (January –April 2017)

Upgrade JORC 2004 Mineral Resource to JORC 2012 Mineral Resource

April 2017

Infill Drilling (based on results of Jan –Apr 2017 drilling)

May – June 2017

Further metallurgical test work to optimise recoveries

June 2017

Water Studies/Community Engagement On-going

Revised Mineral Resource following infill drilling

July 2017

Preliminary Economic Assessment (PEA) August 2017

Re-commence Feasibility Study 2nd Half 2017

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Zinc Fundamentals

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Rising Zinc Price Zinc prices are up >60% in 12 months

Second best performing commodity in 2016

9 year high of US$1.30/lb Wood Mackenzie forecasting zinc price of

~US$1.80/lb by 2018*

Supply Side >50% reduction LME zinc stockpiles in past 4

years Zinc LME inventories down to 380k tonnes

(500 k tonnes February 2016)

Two of the largest zinc mines globally have closed in recent years (Century and Lisheen)

Glencore reduced production from late 2015; yet to indicate any re-start plans

Forecasts of large supply deficit for the next 2 years and beyond#

#ICBC Standard Bank, March 2016*Wood Mackenzie Q4 2016 Forecast

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Paguanta Copper Potential

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>5% copper at surface at Doris

Large unexplored alteration anomaly at Loreto (porphyry-Cu potential)

Loreto over-pegged by Codelco & BHP

Loreto is 35km from BHP’s Cerro Colorado Mine (Mineral Resource of 400Mt at 0.62% copper)

Loreto

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Korongou Gold Project, Burkina Faso

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Location of Burkina Faso Gold Projects

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Major regional shear zone in greenstone belt extending from Samira Hill Mine (2.5Moz)

Golden Rim owns 90% and is manager (subject to licence extension)

Mineralised shear zone extends for 16km in the licence

At least 20 parallel, NE-trending gold zones identified at the Banouassi Prospect in 1km wide corridor over 3km of strike

Past production 20,000 oz at 5.2 g/t gold at the Banouassiusing a 10tpd gravity/CIL plant

15,800m reverse circulation (RC) drilling completed

RC drilling intercepts at Banouassi include: 21m at 5.6 g/t gold from 13m 10m at 4.5 g/t gold from 15m

Initial Exploration Target* of approximately 500,000 ounces to 611,000 ounces of gold at an approximate grade range of 1.8 g/t to 2.2 g/t gold at Banouassi

Excellent potential with infill & extensional drilling to define a large open pittable gold resource

Korongou Gold Project

Page 19*Cautionary Statement: The potential quantity (tonnage) and grade of the Exploration Target is conceptual in nature. There has been insufficient exploration to estimate a Mineral Resources and it is uncertain if further exploration will result in the estimation of Mineral Resources. Exploration Target details are provided in Appendix 1.

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Banouassi Prospect at Korongou

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Banouassi Prospect at Korongou

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Artisanal workings on the Banouassi mineralised gold corridor. The corridoris ~ 1km wide and hosts multiple parallel zones of gold mineralisation.

MCB Pit from previous small scale mining atBanouassi.

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Exploration Upside at Korongou

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The current Exploration Target of 500,000 ounces to 611,000 ounces at Banouassi is open

900m gap area remains to be drilled (bedrock auger results up to 4.4 g/t gold)

Current Exploration Target only extends to ~70m below surface (~6:1 stripping ratio)

Infill drilling in the 900m gap and deeper drilling has the potential to provide a significant increase in the extent of the gold mineralisation at Banouassi

Potential cross-structures offer gold grade upside

13km of gold mineralised strike, outside Banouassi, remains poorly explored to date

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Korongou – Pathway to Maiden Resource

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Planned Activities Envisaged Timing

Exploration Permit extension March 2017

Resource drilling (RC & Diamond) April – November 2017

Initial metallurgical test work October 2017

Maiden JORC 2012 Mineral Resource December 2017

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Increasing Gold M&A in Burkina Faso

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Quality gold resources are in demand Gold resources are reflected in current

Burkina Faso company valuations (e.g. Enterprise Value (EV) of ~A$65 per ounce of gold for Indicated/Inferred Resources*)

SEMAFO A$178m takeover of Orbis Gold (1.5Moz Natougou Project)

Endeavour Mining C$191m takeover of True Gold (5Moz Karma Project)

Teranga Gold A$84m takeover of Gryphon Minerals (3Moz Banfora Project)

Endeavour Mining US$25.3m sale of Youga Mine to MNG Gold

Golden Rim US$8m cash sale of Balogo(0.2Moz) to MNG Gold

US$4b merger of Acacia & Endeavour

*Derived from West African Resources ASX announcement 20 February 2017 (Current company EV of ~A$100m/1.55Moz Indicated & Inferred Resources at 1 g/t gold cut-off)

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Investment Highlights

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Multi-commodity exposure (zinc, silver & gold, possibly copper)

Two near-term development projects in world-class mining jurisdictions

Proven & experienced management team

Company with discovery success

Track record of monetarising company assets (US$8m cash for Balogo)

Drilling underway at Paguanta to expand Mineral Resource

Commitment to advance Paguanta to Feasibility

Drilling to commence at Korongou to outline maiden Mineral Resource

Plenty of news flow moving forward

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Contacts

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Craig MackayManaging DirectorEmail: info@goldenrim.com.auPhone: +61 3 9836 4146Web: www.goldenrim.com.au

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Appendix 1: Korongou Exploration Target

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Exploration Target Area

Tonnage Range Gold Grade Range (g/t) Gold Ounces Range

90% 110% 90% 110% 90% 110%

Guitorga North 2,924,000 3,573,000 1.9 2.4 201,000 246,000

Guitorga South 3,643,000 4,452,000 1.4 1.7 178,000 219,000

MCA/MCB Pits 719,000 879,000 1.8 2.2 47,000 57,000

Diabouga 669,000 818,000 3.0 3.7 73,000 89,000

TOTAL 7,954,000 9,722,000 1.8 2.2 500,000 611,000

Notes:•The Exploration Target was estimated using the following parameters: 0.5 g/t gold cut-off grade; maximum of 100m strike extent from drill holes (wherethe continuity of the mineralisation is supported by mapping, the location of artisanal workings or anomalous auger results); maximum of 70m verticalextent below surface for the Guitorga North, Guitorga South and Diabouga areas; maximum of 120m vertical extent below surface for theMCA/MCB Pits area; minimum downhole width of 2m; and SG of 2.5.•A total of 94 RC drill holes were used to prepare the Exploration Target. The holes are generally drilled on lines spaced from 40m – 100m apart, with aspacing along the lines ranging from 40m – 50m.

Cautionary Statement: The potential quantity (tonnage) and grade of the Exploration Target is conceptual in nature. There has been insufficient exploration to estimate a Mineral Resources and it is uncertain if further exploration will result in the estimation of Mineral Resources.

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