Annual General Meeting Gold Focus

26 November 2015

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ASX:GBZ

Disclaimer

• This Document is Confidential and may not be reproduced, redistributed or passed on, directly or indirectly.

• This Document is not a Prospectus nor an Offer to Subscribe for Shares. • GBM and its Directors, employees and consultants make no representations or warranty as to the

accuracy, reliability or completeness of this document, and have no liability, including liability to any person by reason of negligence of, or contained in or derived from, or for any omissions from this document, except liability under statute that cannot be excluded.

• This document contains reference to certain targets and plans of GBM which may or may not be achieved. The performance of GBM may be influenced by a number of factors, uncertainties and contingencies, many of which are outside the control of GBM and its directors, staff and consultants.

• The information in this report that relates to Exploration Targets, Exploration Results and Mineral Resources is based on information compiled by Neil Norris, who is a Member of The Australasian Institute of Mining and Metallurgy and The Australasian Institute of Geoscientists. Mr Norris is a full-time employee of the company, and is a holder of shares and options in the company. Mr Norris 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 2012 Edition of the ‘Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves’. Mr Norris consents to the inclusion in the report of the matters based on his information in the form and context in which it appears.

• The Company confirms that it is not aware of any new information or data that materially affects the information included in the original market announcements and, in the case of estimates of Mineral Resources that all material assumptions and technical parameters underpinning the estimates in the relevant market announcement continue to apply and have not materially changed.

• The Company confirms that the form and context in which the Competent Person’s findings are presented have not materially changed from the original market announcement.

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Capital Structure (ASX: GBZ) Shares on Issue 558 m Listed Options (3.5 cents) Expiring 30/06/16

178 m

Share Price (close 24/11/2015) A$0.03 Market Cap ~AS16.8 m

Corporate Summary

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Current Shareholders Shareholders 1,000 Top 20 Shareholders 78%

Koala Open Gold Mine, Mt Coolon.

Board of Directors Peter Thompson Executive Chairman Neil Norris Exploration Director

Hun Seng Tan Non-Executive Director

Our Diversified Portfolio Summary

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Our Resource Summary G

BM

100% Mt Coolon Gold Resources

268K ozs Au

26% PRE- IPO

Lubuk Mandi Gold Mine 121K ozs Au

100% Malmsbury Gold Resource 104K ozs Au

100% Milo Rare Earths, Copper, Uranium,

Phosphate Resource 108Kt TREEYO, 96Kt Cu, 126k ozs

Au, 14Mlbs U3O8,

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GOLD + BASE METALS + RARE EARTHS

Our Gold Resource Summary

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Significant Resource Growth with demonstrated exploration upside.

TOTAL BENEFICIAL INTEREST IN RESOURCES 404,000 Oz Au

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Mt Coolon Gold Mine: Key Gold Opportunity

Quality Area Selection – World Class Deposits

• Acquired Mt Coolon Gold Mine April 2015 from Drummond Gold Limited

• Located west of Mackay, Queensland Australia

• 773m2 project area

• Assets in world class gold province Drummond Basin - over 7M ounces

• Defined Resources totalling ~270,000 ounces gold

• Plus exploration target between 120,000 – 230,000 ounces oz gold

• Early production potential via Heap leach

• Significant exploration potential in multi-million ounce gold province

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Mackay

Project Location

* It should be noted that the potential quantity and grade 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 a Mineral Resource.

Drummond Basin – Major Gold Producer

Gold endowment in excess of 7 Moz including:

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PROVEN BUT UNDER-EXPLORED GOLD PROVINCE

Wirralie 1.0 Moz

Mt Leyshon 2.1 Moz

Pajingo 3.0 Moz

Mt Coolon Gold Deposits

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Eugenia 164 200 oz

Glen Eva 37 200 oz

Mt Coolon (Koala) 67 200 oz

Total Resources 268,000 oz #

Defined Gold Resources (JORC 2012 compliant)

Glen Eva

Eugenia

Mt Coolon (Koala)

Drummond Basin

Conway System

Bimurra System

EPM7259

EPM15902

EPM25850

EPM25365

Bimurra Exploration target

# GBM Resources ASX release 27 August 2015 ‘Resource Upgrade for Mount Coolon Gold Project’

Wobegong *2 2m @27.0 g/t Au 2m @9.3 g/t Au

Mt Coolon Upside

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Glen Eva

Eugenia

Mt Coolon (Koala)

Drummond Basin

Wobegong *2 2m @27.0 g/t Au 2m @9.3 g/t Au

Conway System

Bimurra System

EPM7259

EPM15902

EPM25850

EPM25365

Bimurra Exploration target

• Commenced Scoping Study to evaluate heap

leach potential at Eugenia and Bimurra • Significant extensional potential remains at all

resource areas • Exploration target at Bimurra containing

between 120,000 and 230,000 oz Au* • Potential to upgrade Bimurra to JORC status • Significant exploration upside including

Conway, Verbena Sinter and others

GBM Resources ASX release 14 September 2015 *2 DGO Ltd IPO Prospectus 6 November 2007

Eugenia Deposit

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Current Resource 164,000 oz Au

EARLY PRODUCTION POTENTIAL VIA HEAP LEACH AT EUGENIA AND BIMURRA

• Shallow cover with

post mineralisation sediments beneath - potential to extend with further drilling

• Remains open at depth and along strike to the south

• One deep intersection 2m @ 19.4 g/t Au

• Suggestive of bonanza feeder structure at depth

• Potential for further resource additions

Koala Deposit

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Current Resource 67,200 oz Au

• Discovered 1913 • Large porphyry/epithermal province with proven genetics • Not tested sufficiently at depth or along strike or associated structures • Open cut and u/g production possibilities • Strong similarities to 3M oz Pajingo & Cracow Gold Mines, Qld • Mt Coolon Mine – High grade potential • Approved CDI grant for deeper testing

Glen Eva Deposit

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Current Resource 37,200 oz Au • Discovered 1992 • Blind deposit but sinter outcrop nearby lead to discovery • High grade “bonanza” epithermal vein • Open at depth and along strike • Virtually no exploration away from open pit

Open pit mined 25k oz >6.0g/t in 1997 (gold price average US$387/oz.)

200mRL

0mRL

>10g/t Au >5g/t Au Drill Vein Intercepts Fault Capping Unit Sinter Horizon 0

9000

N

9600

N

9900

N

100

Concept Development Strategy

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Near Term Production & Long Life Potential

Short Term Initial Production

Open Pit

Heap Leach Production

Medium Term

O/C Primary New O/C Targets

Extended heap leach &

Mill Production Long Term

U/G High Grade New O/C & U/G Targets

Extended heap leach &

Mill Production

Heap Leach Gold Extraction

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• Low cost gold extraction • Low capital cost • Established technology

Lubuk Mandi Gold Mine

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Lubuk Mandi Gold Mine - Malaysia 2

Tailings Dam

Malaysia opportunity

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Lubuk Mandi

• GBM acquired 40% interest in JV partners AASB in Lubuk Mandi May 2013.

• Tenements covers 221 hectares with gold production record

• Close to existing infrastructure and regional centre of Terennganu and is an established mining site

• Strategy : reprocess tailings dam, achieve hard rock resource and plan to list on Singapore exchange.

Unlock the Potential… SGX Listing Lubuk Mandi Gold Project

Processing of gold from

Tailings Dam

Achieve Hard-rock Resource

IPO Phase –commence hard-rock mining Capital to be raised from IPO

Current Pre-IPO: up to SG$12 million capital

raising

On Track for SGX Listing Early 2016

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3

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Mount Morgan Cu Au Project

Limonite Hill - quartz vein with chalcopyrite molybdenite rosettes

Prospective Quality Areas

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• Project area 764m2 (10 granted) / Target Copper-Gold Porphyry

• Adjacent to world-class Mount Morgan Gold Mine - produced 8 Moz Au and 400,000 tonnes of copper to date

• Under-explored porphyry province multiple high order targets

• Completed extensive geochemical sampling and mapping of a number of high-order targets and many are now at or near drill-testing stage

• Next step secure JV partner

Mount Morgan

Rockhampton

Strategic Tenement Holding

Priority drill ready targets: Limonite Hill Sandy Creek Oakey Creek All porphyry

copper gold style mineralisation

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4 Milo Project IOCGU REE

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• Queensland’s North West prolific Mineral Province (Mt Isa Inlier)

• Key Commodities –rare earths, copper, uranium, phosphate and gold

• MILO Multi Element Project:

• 108Kt TREEYO

• 1.3 Mt P2O5

• 97Kt Cu

• 14Mlbs U3O8

Milo

Milo

Milo

5 CED Copper-Gold Targets

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• Partner’s Interest - Major global companies Pan Pacific Copper 75% and Mitsui & Co 25%

• Talawanta /Grassy Bore, Mt Margaret, Chumvale and Bungalien Projects

• Spend $15m over 6 years to earn 51%

• Budget this year $2.0m

• Spend $1.03m for each 1% increment up to $40m

• GBM retains a 10% Free Carried Interest to Bankable Feasibility

5 CED Copper-Gold JV

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Victorian Projects - Quality exploration portfolio

Value Summary

KEY FOCUS GOLD Mount Coolon - early production opportunity (Heap Leach at Eugenia deposit = reduced risk + development self funding). Participate in exploration of proven, under explored gold province

OTHER VALUE DRIVERS Lubuk Mandi - participate in Malaysia growth potential in gold and unlock value from imminent SGX listing

Mount Morgan Project - prospective for world class copper-gold porphyry discovery

Milo Project - IOCGU REE potential

Major JV near Mount Isa - potential step change with IOCG discovery

Quality exploration portfolio - multiple discovery potential.

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Value Summary Supported by Funding Opportunities

1. Current Non–Renounceable Entitlement Issue 2. JV partner for the Mt Coolon Gold Project 3. Exercise of Listed Options expiring 30/6/16 4. Equity investment in Lubuk Mandi Post IPO

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Thank you

THANK YOU

28 www.gbmr.com.au

Mount Coolon & Malmsbury Resource Tables

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Mount Coolon Gold Mines Limited From; Annual Statement of Mineral resources, GBM Annual Report 2015. Details of the Mount Coolon resources can be located in ASX release dated 27th of August 2015.

Malmsbury Gold Project Resources. From; Annual Statement of Mineral resources, GBM Annual Report 2015. For original release refer to ASX release dated 19th of January 2009.

Resource Tonnes Au Au Classification (g/t) (ozs) Inferred 820,000 4.0 104,000

Milo Resource Tables

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Milo IOCG Project From; Annual Statement of Mineral resources, GBM Annual Report 2015. Details of the Milo resource can be located in ASX release dated 9th of August 2012.

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TREEYO Inferred Resource

cutoff (TREEYO

ppm)

tonnes (Mt)

TREEYO (ppm, t)

P2O5 (%, t)

CeO2 (ppm, t)

La2O3 (ppm, t)

Nd2O3 (ppm, t)

Pr2O3 (ppm, t)

Sm2O3 (ppm, t)

Eu2O3 (ppm, t)

Gd2O3 (ppm, t)

Y2O3 (ppm, t)

Dy2O3 (ppm, t)

Er2O3 (ppm, t)

Others (ppm, t)

Grades 300 176 620 0.75 260 150 80 24 12 4 10 52 8 5 9

Contained Metal 108,000 1,330,000 46,140 26,460 13,850 4,230 2,170 710 1,780 9,150 1,480 850 1,620

LREEO HREEY

Resource Classification

cutoff (CuEQ %)

tonnes (Mt)

CuEQ (%, t)

Au ( ppm,

ozs)

Cu (ppm, t)

Ag ( ppm,

ozs)

Mo (ppm/ t)

Co (ppm/t)

U3O8 (ppm/ Mlbs)

Inferred 0.10 88.4 0.34 0.04 1090 1.63 65 130 72

Contained Metal 301,000 126,000 96,500 4,638,000 5,700 11,700 14.0

Copper Equivalent Resource

Lubuk Mandi Resource Tables

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Tailings Resource From; GBM ASX release 24th October 2013.

Classification Tonnes Ounces Grade Indicated 1,643,000 77,100 1.5 Inferred 312,000 10,100 1.0 Total 1,955,000 87,200 1.4

Hardrock Resource From; GBM ASX Quarterly Report 31ST December 2014

Indicated + InferredGrade

Tonnes Grammes Ounces ppm Au % TonnageIndicated 1,445,000 1,009,000 32,400 0.70 94%Inferred 87,000 72,000 2,300 0.80 6%Total 1,532,000 1,081,400 34,800 0.70 100%

Contained Gold