RINCON RESOURCES LIMITED — Investor Presentation 2021

Nov 30, 2021

01 December 2021

Rincon Presenting at RIU Resurgence Conference

Rincon Resources Limited (Rincon or the Company) (ASX: RCR) advises that Managing Director, Mr Gary Harvey, will be presenting at the RIU Resurgence Conference on Thursday 2nd December 2021 at 9:15am (AWST).

The RIU Resurgence Conference is being held at the Westin Perth, Western Australia from 1st to 2nd December 2021. Rincon will also have an exhibition booth at the conference.

WA based attendees can register to attend the conference in person at: www.riuresurgence.eventbrite.com.au

Non-WA based attendees can utilise the live conference streaming service by registering at: www.resourcesinvestorroadshow.riu.com.au/livestreamingregistration

Attached, please find Rincon's latest Investor Presentation, which can also be downloaded from Rincon's website at www.rinconresources.com.au

This ASX Announcement has been approved for release by Mr Gary Harvey, Managing Director.

For more information visit www.rinconresources.com.au or contact:

Company:

Gary Harvey Managing Director Rincon Resources Limited +61 (08) 6555 2950

Investors: Amalie Schreurs White Noise Communications contact@whitenoisecomms.com

About Rincon

Rincon Resources Limited has a 100% interest in three highly prospective copper and gold projects in Western Australia: South Telfer, Laverton and Kiwirrkurra. Each project has been subject to historical exploration which has identified major mineralised systems which Rincon intends on exploring in order to delineate copper and gold resources.

RIU Resurgence Conference

Disclaimer

This presentation and any accompanying verbal presentation (together the Presentation) and confidential information has been prepared by Rincon Resources Limited (Rincon or the Company) and

approved by the Board of the Company. The information contained in the Presentation (Information) is a summary only and should be read in conjunction with any oral briefing and all other docu- ments provided to you by the Company. The Information is current as of 29 November 2021 and the Company does not undertake to provide any additional or updated information, whether as a result of new information, future events or results or otherwise. By receiving the Presentation, you acknowledge and represent to the Company that you have read, understood and accepted the terms of this disclaimer. The Company has prepared the Presentation based on information available to it at the time of preparation. No representation or warranty, express or implied, is made as to the currency, accuracy, reliability, completeness or fairness of the information, opinions and conclusions contained in this Presentation. Neither Rincon, its related bodies corporate, shareholders or affiliates, nor any of their respective officers, directors, employees, affiliates, agents or advisers (Agents) guarantee or make any representations or warranties, express or implied, as to or take responsibility for, the currency, accuracy, reliability, completeness or fairness of the information, opinions and conclusions contained in this Presentation. Rincon does not represent or warrant that this Presentation is complete or that it contains all material information about Rincon or which a prospective investor or purchaser may require in evaluating a possible investment in Rincon or acquisition of shares. To the maximum extent permitted by law, Rincon and its Agents expressly disclaim any and all liability, including, without limitation, any liability arising out of fault or negligence, for any loss arising from the use of information contained in this Presentation, or otherwise arising in connection with it. Any forward-looking statements in this Presentation, including projections, forecasts and estimates, are provided as a general guide only and should not be relied on as an indication or guarantee of future performance and involve known and unknown risks, uncertainties, assumptions, contingencies and other important factors, many of which are outside the control of Rincon and which are sub- ject to change without notice and could cause the actual results, performance or achievements of Rincon to be materially different from the future results, performance or achievements expressed or implied by such statements. Past performance is not necessarily a guide to future performance and recipients of this Presentation are cautioned not to place undue reliance on such forward-looking statements. The information contained in this Presentation is for information purposes only, does not constitute investment or financial product advice (nor taxation, accounting or legal advice) and is not intend- ed to be used as the basis for making an investment decision. In providing this Presentation, Rincon has not considered the objectives, financial position or needs of any particular recipients. Before making an investment decision prospective investors should consider the appropriateness of the information in this Presentation having regard to their own objectives, financial situation and needs, and seek legal, taxation and financial advice appropriate to their jurisdiction and circumstances. This Presentation is not a prospectus, product disclosure statement or other offering document under Australian law or any other law (and will not be lodged with the Australian Securities and Invest- ments Commission or any other foreign regulator) and is not, and does not constitute, an invitation or offer of securities for subscription, purchase or sale in any jurisdiction. In particular, this Pre- sentation does not constitute an invitation or offer of securities for subscription, purchase or sale in the United States or any other jurisdiction in which such an offer would be illegal. The securities referred to in this Presentation have not been, and will not be, registered under the U.S. Securities Act of 1933 as amended or the securities laws of any state or other jurisdiction of the United States and may not be offered or sold, directly or indirectly in the United States. The information in this Presentation is strictly confidential. It may not be disclosed, reproduced, disseminated, quoted or referred to, in whole or in part, without the express consent of Rincon. Competent Person's Statement The information in this report that relates to Exploration Results is based on information compiled by Mr Gary Harvey. Mr Harvey is a member of the AIG and Managing Director of the Company. Mr Harvey has sufficient experience that is relevant to the style of mineralisation and type of deposit under consideration and to the activity which they are undertaking to qualify as a Competent Person as defined

ASX:RCR Rincon Resources | 2 in the 2012 Edition of the Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves. Mr Harvey consents to the inclusion in this report of the matters based on this information in the form and context in which it appears.

Corporate Overview

Strategy

Acquire highly prospective projects near existing or prospective mining

Board & Executives Gary graduated from RMIT University with a Bachelor of Applied Science (Geology) & has over 25 years of experience in the resources sector working on gold & base metal (nickel/cobalt) projects in Western Australia. He is also a member of the AICD & the Australia Institute of Geoscientists. Gary Harvey, Managing Director >27 years of international resource sector experience, operational roles include Project Manager, Senior Mine Geologist & Mine Previously he worked in Private Equity (FUM USD800 million) & as a Director of Societe General's Mining Finance team in New York. Geoff McNamara, Non-Executive Chairman advisory firm JE Capital & Non-Executive Chairman of Auroch bankssuch as Merrill Lynch,HSBC, Renaissance Capital& more recently Royal Bank of Canada in senior capital markets roles. Ed Mason, Non-Executive Director Experienced mining executive with >20 years' experience, Blair is the former Founding Managing Director of Lemur Resources Limited, an ASX listed coal exploration& developmentcompany. He wasthe

Geologist for Ivanhoe Mines, Lion Ore International & WMC.

Ed Mason is currently founder & managing director of corporate Minerals. Ed has spent twenty years working for global investment

former Finance Director of Coal of Africa Limited, growingthe company from a sub-$2M marketcapitalisation to over $1.5B at its peak. Blair Sergeant, Non-Executive Director

Rincon Resources Exploration Projects

Flagship Project strategically positioned in the world class Paterson Province +500km2 of highly prospective & under-explored stratigraphy Located 12km south & southwest along strike from Telfer Gold Mine Advancing Hasties Prospect: >1km strike of shallow Cu-Au mineralisation 5,000m Phase 2 RC and diamond drilling commencing at Hasties Prospect South Telfer Gold-Copper Project (Rincon 100%) +40km2 in heart of Tier 1 Laverton Gold District 6km strike of prospective & under-explored BIF stratigraphy Air-core drilling identified several anomalous gold trends for follow-up Laverton Gold Project (Rincon 100%) ASX:RCR Rincon Resources | 4 ~200km2 in West Arunta Orogen including the Central Australian Suture Prospective for IOCG-style copper & orogenic gold deposits 3,000m RC and diamond drilling planned for Q2 CY2022 Kiwirrkurra Copper-Gold Project (Rincon 100%) Three 100% owned highly prospective Gold & Copper projects in Western Australia

& over 120m depth

Reef and structurally controlled breccia & stockwork style mineralisation

geology

Existing 5km long gold-in-bedrock (+0.1g/t Au) anomaly

10,000m of air-core drilling planned to test highpriority geophysics (VTEM) targets; Q2 2022

42m @ 1.17g/t Au & 0.26% Cu from surface including: • 12m @ 2.53g/t Au from surface; • 7m @ 0.86% Cu & 0.33g/t Au from 13m extensions along strike & at depth below shallow Cu-Au zones

RECENT RC DRILLING RESULTS

62m @ 1.06g/t Au & 0.32% Cu from 4m including:

• 42m; and

5,000m Phase 2 drilling and 'Hasties Deeps' Target Area

• associated with anticline fold-hinge zones (Telfer model)
• Drilling to testing gap between the Hasties Main & Hasties South-East zones and other extensional targets
• Government EIS co-funding approved

Hasties Prospect compared to peers in Paterson Province

30km of highly prospective strike along

• Up to 3,000m of RC & Diamond drilling planned to commence Q2 CY2022
• Government EIS co-funding approved
• Mineral Exploration Land Access Deed of Agreement executed

stratigraphy

Widespread gold intersections returned from multiple areas including:

21LAC006.

	Q22021	Q32021	Q42021	Q12022	Q22022
SouthTelferPhase2 RC/DiamonddrillingatHasties(5,000m)ACdrillingofhigh-priorityVTEMtargets(5,000m)		Drilling	Drilling		Drilling
KiwirrkurraGeophysics&targetingDrilltesthigh-prioritytargets(3,000m)	Geophysics / Targeting				Drilling
LavertonFollow-up& extensionaldrilling(2,500m)	Drilling				Drilling
Laverton	SouthTelfer			Kiwirrkurra
Drilltestinitial targets&new targets	VTEM&GroundIP			Photo-mapping&geophysics
Mapping&definenewtargets	DrillHasties Prospect(Phase 1)			Targetgeneration&prioritisation
Follow-up&	extensional drillingExtend Hasties drilling (Phase 2)			Heritage Access Deed
	Drill	Westin Prospect&VTEM	targets	Drill	test high-priority targets
	Soilsamplingover WestinProspect			Regionalgeochemicalsampling
ASX:RCRRinconResources 11ASX:RCR					RinconResources

Laverton

• Extend Hasties drilling (Phase 2)

Kiwirrkurra

• Heritage Access Deed

Why invest in Rincon?

Right Projects Strategic projects with a focus on discovery Right Locations mineralised terrains

Right Commodities Gold & copper, both in strong price environments Right Team Highly experienced team with history of success

Located in highly

ASX:RCR Rincon Resources | 12

gary.harvey@rinconresources.com.au

rinconresources.com.au ASX:RCR