ASARA RESOURCES LIMITED — AGM Information 2020

Nov 15, 2020

16 November 2020

YOUR ATTENDANCE AT THE

COMPANY’S ANNUAL GENERAL MEETING

As previously announced (20 October 2020), Golden Rim Resources Ltd (ASX: GMR, Golden Rim or Company ) is holding its Annual General Meeting on 19 November 2020, at 1.00pm (AEDT) at Level 23 Tower 5, 727 Collins Street, Melbourne, Victoria, 3008.

In line with the Government of Victoria’s response to COVID-19 and in the best interests of your health and that of the broader community, we ask the following:

1. If you are showing symptoms of or have been in close contact with someone who has tested positive for COVID-19 and you have not yet received test results, you should NOT attend the Company’s Annual General Meeting.

2. If you choose to and are able to attend, please follow the directions issued by the Government of Victoria, particularly with respect to the wearing of face masks.

3. If you are planning on attending, please advise our Company Secretary (M: 0409 880 009) as soon as possible.

-ENDS-

Contact Information:

Golden Rim Resources Ltd

ABN 39 006 710 774

Hayley Butcher General Manager, Corporate & Company Secretary

+61 (0)409 880 009 hayley@goldenrim.com.au

This announcement was authorised for release by the Company Secretary of Golden Rim Resources Ltd.

GOLDEN RIM RESOURCES ASX:GMR

Level 23, Collins Square Tower Five, 727 Collins Street, Melbourne, VIC, 3008 T + 61 3 8677 0829 | E info@goldenrim.com.au | goldenrim.com.au

16 November 2020

ABOUT GOLDEN RIM RESOURCES

Golden Rim Resources Limited is an ASX listed exploration company with a portfolio of advanced minerals projects in Burkina Faso and Guinea, West Africa and in Chile, South America.

The Company discovered and has outlined a 2Moz Mineral Resource at the Kouri Gold Project, located in north-east Burkina Faso. Kouri is currently Golden Rim’s flagship project and it covers 325km2 of highly prospective Birimian greenstones. As exploration progresses, significant additional gold mineralisation, including a high-grade gold shoot, has been discovered and the gold inventory at Kouri is expected to grow.

The Company recently announced an agreement to acquire the Kada Gold Project in eastern Guinea. Guinea remains one of the most under-explored countries in West Africa. Kada was previously explored by Newmont who completed 34km of drilling and defined a non-JORC gold resource. With infill drilling Golden Rim believes a maiden JORC Mineral Resource can be defined at Kada in the nearterm.

In northern Chile, Golden Rim has the Paguanta Silver-Lead-Zinc-Copper Project. Historically a silver mine, the Company has outlined a Mineral Resource comprising 6.8Moz silver, 74Mlb lead and 265Mlb zinc at Paguanta. The Mineral Resource remains open. In addition, the project has several exceptional porphyry-copper targets that remain untested. With Golden Rim’s focus on gold in West Africa, the Company is seeking to divest the project.

ASX:GMR

Market Capitalisation: A$25million Shares on Issue: 1,791million

T + 61 3 8677 0829 | E info@goldenrim.com.au | goldenrim.com.au

GOLDEN RIM RESOURCES ASX:GMR 2