ASARA RESOURCES LIMITED — Fund Information / Factsheet 2011

Aug 30, 2011

ASX/Media Announcement

31 August 2011

Information Fact Sheet

Golden Rim Resources Ltd (ASX: GMR, Golden Rim ) today announced its latest Information Fact Sheet (attached). The Information Fact Sheet will initially be distributed at the Africa Down Under Conference which begins today in Perth, Western Australia.

-ENDS-

For further information, please contact:

Hayley Butcher Golden Rim Resources Company Secretary +61 8 9481 5758

Anna Staples AMN Corporate +61 (0)400 205 433 ann@amncorporate.com

About Golden Rim Resources Limited

Golden Rim Resources Ltd (ASX: GMR) is an exploration and mining company with a focus on copper and gold. The Company is active in West Africa, with gold resources and licences covering over 4,000km[2] in the highly prospective Birimian greenstone belts of Mali and Burkina Faso.

With experienced management and extensive local teams in the Company’s permanent offices in Mali and Burkina Faso, Golden Rim is able to move quickly and efficiently in order to maximise potential opportunities.

Abu Dhabi-based Royal Group is a substantial shareholder and strategic partner of Golden Rim. Through an alliance company, Royal Falcon Mining LLC, the companies have secured advanced copper/gold projects (Falun and Bersbo) in Sweden and are seeking further significant investments.

Golden Rim is pursuing an active program of drilling in Mali, Burkina Faso and Sweden and is poised to deliver significant growth and value to shareholders.

Golden Rim Resources Ltd I ABN 39 006 710 774 I Level 2, 10 Outram Street, West Perth WA 6005, Australia I PO Box 378, West Perth WA 6872, Australia www.goldenrim.com.au I info@goldenrim.com.au I T + 61 8 9481 5758 I F + 61 8 9481 5759

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Further Company Information

E: info@goldenrim.com.au W:goldenrim.com.au

Capital Structure

Issued Shares: 359,396,731 Unlisted Options: 39,650,000

Major Shareholders

Royal Group, Abu Dhabi 13.10% Rick Crabb Group, 5.79% Acorn Capital Limited 5.71%

Share Registry

Security Transfer Registrars Pty Ltd 770 Canning Highway APPLECROSS WA 6153 AUSTRALIA

T: + 61 8 9315 2333 F: + 61 8 9315 2233 E: registrar@securitytransfer.com.au W: securitytransfer.com.au

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Investor Fact Sheet

www.goldenrim.com.au

POISED FOR SUCCESS IN WEST AFRICA

ASX Code

GMR

12-Mth Share Price Range

$0.08 - $0.24

Market Cap (at 15 cents) $54M

Issued Capital (31/7/11) 359.4M outstanding shares 39.7M unlisted options

Board of Directors & Management

Rick Crabb Chairman Craig Mackay Managing Director Gilbert Rodgers executive Director Glenister Lamont Non-executive Director Nadir Alhammadi Non-executive Director Hayley Butcher Company Secretary

Top Shareholders (31/7/11) Royal Group - Abu Dhabi 13.10% Rick Crabb Group 5.79%

Top 20 Holding

52.38%

12-Mth Share Price Performance

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Golden Rim is an ASX-listed gold and copper explorer with a pipeline of exciting projects in West Africa, the fastest growing gold producing region in the World.

The Company is aggressively exploring in Burkina Faso and Mali with considerable potential to expand existing resources and make new gold and copper discoveries.

Golden Rim has a substantial landholding of 5 gold projects in Burkina Faso, located in under-explored areas of the country. The Balogo Project is of particular interest due to recent significant copper and gold drilling intersections. A major infill-drilling program is planned.

In Mali, the Company has 2 gold projects. Broad new stockwork gold mineralised zones have been discovered at the Sepola Project and Golden Rim is set to expand the current JORC Inferred Resource of 181,000oz with additional drilling.

Other attractive features of Golden Rim are: a highly experienced team to lead the Company, copper-gold exposure, no debt, and funds available to continue with significant exploration programs.

In addition to the West African activities, Golden Rim is developing interests in Sweden with new copper-goldzinc targets identified at the Company’s Bergslagen Joint Venture projects.

Golden Rim aims to define further gold and copper resources and to progress into mining. The Company believes this growth pathway will significantly drive shareholder value.

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Balogo Project, Burkina Faso

• Major gold and copper soil anomalies

• 5km long Cobra Shear Zone outlined in mapping and geophysics

• Phase 1 RC drilling intercepts include:

• 11m @ 2.15 g/t gold, 2.75% copper, including 3m @ 5.83 g/t gold and 8.15% copper

• 24m @ 1.43 g/t gold, 0.88% copper (end of hole)

• 6m @ 9.97 g/t gold

• 8m @ 5.75 g/t gold

• Phase 2 RC drilling completed (assays pending)

• Systematic RC drilling on Cobra Shear Zone anticipated to commence in October 2011

AuGuST/SePTeMBeR 2011

Sebba Project, Burkina Faso

INVESTMENT OVERVIEW

• 10 granted licences covering 1,928km[2]

• 3 major shear zones (over 140km of potential strike extent)

  • 4,000km[2] licence holding in West Africa

• 22km of shear zone explored to date

  • Pipeline of exciting gold and copper projects

• Significant RAB intercepts up to 8m @ 2.43 g/t gold

  • Aggressive exploration program underway

• Infill drilling and regional geochemical sampling program planned

• Experienced exploration team and funding in place

Yako Project, Burkina Faso

• Previous drill intercepts up to 11m @ 8.73 g/t gold

  • Continued support from Royal Group of Abu Dhabi

• Multiple parallel gold-bearing quartz veins located over 500m of strike

• Initial RC drilling completed (assays pending)

  • Enhanced marketing and investor relations campaign

• TSXV-listed Riverstone Resources Inc hold the adjoining licences and has announced an Inferred/ Indicated Resource of 1.93Moz

Golden Rim has a highly prospective exploration portfolio of gold and copper prospects. Most of the projects lie along strike from major mineral deposits in similar geological settings. The Company is confident that its major exploration programs provide an excellent chance of making a major discovery.

Sepola Project, Mali

• JORC Inferred Resource of 3.8Mt @ 1.5 g/t gold for 181,000oz

• Drill intercepts include 18m @ 8.19 g/t gold, 6m @ 20.87 g/t gold, 7m @ 16.03 g/t gold and 24m @ 4.17 g/t gold

• New stockwork gold zones discovered in trenching

• Trench intercepts up to 31m at 2.29 g/t gold (~25m true width) and 16m at 3.15 g/t gold

• RC drilling of stockworks planned to commence in October 2011

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Faraba Project, Mali

• Seven major gold-in-soil anomalies up to 12.6 g/t gold

• Anomalies range from 500m x 500m up to 3.2km x 1km

• Some anomalies coincident with active artisanal mining

• TSXV-listed African Gold Group holds an adjoining licence and has defined an Inferred Resource of 5.6Mt @ 3.02 g/t gold for 546,933oz

• Drilling program scheduled for early 2012

Falun, Sweden

• Golden Rim’s Abu Dhabi alliance company (Royal Falcon Mining) earning 75% interest

• 101 km[2 ] of licences around the historic mining centre of Falun

• Significant new zones of copper and gold mineralisation discovered with intercepts including: 11.6m @ 61.2 g/t gold and 1.2% copper; and 21.4m @ 6.8 g/t gold and 0.9% copper

Golden Rim has permanent offices in the capital cities of both Mali and Burkina Faso. The Company has an experienced management team and an extensive local team with appropriate expertise. This enables Golden Rim to move quickly and efficiently in order to optimise potential opportunities and deliver value to shareholders.

• exciting new gravity targets suggest potential for further massive sulphide mineralisation

• Further diamond drilling underway

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Golden Rim Resources

Craig Mackay, Managing Director Level 2, 10 Outram Street West Perth WA 6005 T: +61 8 9481 5758 F: +61 8 9481 5759 e: info@goldenrim.com.au

Investor Relations

Anna Staples, Director AMN Corporate T: +61 (0)400 205 433 e: anna@amncorporate.com

Competent Person Statement

The information in this public 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 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.