ASARA RESOURCES LIMITED — Fund Information / Factsheet 2011

Mar 6, 2011

ASX/Media Announcement

7 March 2011

Investor Fact Sheet

Please find attached Golden Rim Resources Ltd’s (ASX: GMR) latest edition of its Investor Fact Sheet.

-ENDS-

For further information, please contact:

Hayley Butcher Ann M Nahajski Golden Rim Resources AMN Corporate Company Secretary +61 400 205 433 +61 8 9481 5758 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 3,800km[2] in the highly prospective Birimian greenstone belts of Mali and Burkina Faso. Golden Rim has a developed a technical and administration team each with over 20 years experience in West Africa.

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 drilling program 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

PAL Technology Services LLC 13.10% Rick Crabb 5.79%

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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ASX Code

GMR

52WK Share Price Range

$0.08 - $0.24

Market Capitalisation (at 14.5 cents) $53.9M

Issued Capital (31 Dec 10) 359.4M outstanding shares 58.6M unlisted options

Management & Board of Directors

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 Jan 11)

PAL Technology Services LLC	13.10%
HSBC Custody Nominees Australia Ltd	8.27%
Rick Crabb Group	5.79%
Citicorp Nominees Pty Ltd	3.33%
W & MG Jansen Super Fund	2.50%

Top 20 Holding

47.45%

Investor Fact Sheet

www.goldenrim.com.au

Significant growth opportunities in West Africa

West Africa is emerging as one of the strongest growth areas in the world for gold production. Gold and copper exploration and mining company, Golden Rim Resources (ASX: GMR) is capitalising on this opportunity by establishing an expanding foothold in the region (presently covering 3,362 km[2] in granted licences and 1,500km[2] under application). The Company has three project areas in Mali and five in Burkina Faso.

Unique to junior explorers, GMR has a cornerstone investor - the Royal Group - a major Abu Dhabibased investment and business house. The Royal Group is GMR’s largest shareholder (13.10%) and the two companies have formed a strategic alliance company, Royal Falcon Mining LLC (Royal Falcon). Royal Falcon actively seeks to expand its participation in significant minerals projects internationally. Through the alliance, the companies have secured advanced gold and copper projects in Sweden.

GMR is well placed to accelerate exploration, deliver increased resources and fund prospective project acquisitions during 2011, particularly in West Africa. Over 30,000m of drilling is planned for the 2011 field season.

West Africa

Key projects include:

Sebba Project, Burkina Faso

• 6 granted licences covering 1,369km[2]

• Major gold-in-soil anomalies defined over at least 22km of strike and 1km wide

• Rock chip samples up to 78.5 g/t gold

• Geochemical sampling and RAB drilling currently underway

Balogo Project, Burkina Faso

• 3 adjoining tenements totalling 546km[2]

• Gold-in-soil anomaly defined over 2.9km strike and 1,000m wide open to NE and SW

• • Rock chips up to 49.9 g/t gold

• Additional geochemical sampling currently underway

• RC drilling planned

Yako Project, Burkina Faso

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

• Mineralisation open along strike and at depth

• Rock chips up to 49.2 g/t gold

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

• RC drilling planned

Sepola Project, Mali

12-Month Share Price Performance

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

• 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

• Trenching underway to test significant gold-in-soil anomaly

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 co-incident with active artisanal mining

• No modern exploration done in this area

• Aircore drilling to commence soon

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

MARCH 2011

Royal Group Alliance

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 Ltd (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).

Falun, Sweden (Royal Falcon earning 51% from Drake with the right to earn up to 75%)

• Located 200km NW of Stockholm

• 101km[2] comprising 6 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

• Initial resource estimation being prepared

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

• Further drilling planned

Corporate Activity

GMR’s exploration activities received a funding boost with the successful renounceable rights issue that closed in November 2010. Approximately 90% of shareholders took up the two part capital raising, which included a placement. The total amount raised was $11.1M (before issue costs), which is primarily being used for drilling and other exploration expenditure in West Africa.

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New Copper-Gold-Zinc Targets in Sweden

GMR recently announced that a number of significant gravity targets were identified directly along strike from the Falun Mine in Sweden. A gravity survey over the 8km of mine host rocks within the Falun 100 permit was highly successful and presented exciting opportunities for near-mine exploration during the next phase of the Bergslagen JV.

It was anticipated that ground gravity would be able to discern potential ore bodies within the host sequence at Falun due to the successful application of gravity elsewhere in the world.

The results show a distinctive residual gravity trend running westward from the Falun Mine that appears to link up with the Skyttgruvan deposit. There are multiple areas of residual gravity anomalies that show varying levels of interest, including an area to the SE of the mine, which shows great potential.

About the Falun Mine

The town of Falun is located in the Bergslagen district of central Sweden (200km NE of Stockholm) and is host to one of the world’s oldest and largest base and precious metal mines – its namesake, Falun. The Falun mine, based on a world-class ore system, was mined for over a millennium (~700–1992) and was the largest supplier of copper in the world (representing 70%) during the 17th and 18th centuries. Records indicate that 35Mt of high-grade ore were mined containing on average 1-3% copper, 2-6% zinc and 1-7g/t gold. A recent compilation of historical drilling data suggests considerable volumes of high-grade gold and copper mineralisation remains at Falun, particularly to the east and west of the massive sulphide ore body.

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Sweden - Falun Location Map
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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: info@goldenrim.com.au

Investor Relations

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.

Ann M Nahajski, Director AMN Corporate T: +61 (0)400 205 433 E: ann@amncorporate.com