Investor Presentaiton

RINCON BUDGET 2020-2022 A$5 Million Budget (2021-2022) A$M South Telfer A$6 Million Budget (2021-2022) South Telfer A$M Hasties drilling - RC / DD 3,000 metres 1.97 Hasties drilling - RC / DD 5,500 metres 2.71 Westin regional aircore 5,000 metres 0.70 Westin regional aircore 10,000 metres 0.57 Westin regional soil sampling 0.20 Westin regional soil sampling 0.23 Geophysics 0.13 Geophysics 0.25 Hasties resource estimation 0.06 Hasties resource estimation 0.06 Laverton Laverton Project acquisition payment 0.02 Project acquisition payment Mapping 0.03 Mapping Soil sampling 0.07 Soil sampling Drilling rab/aircore 10,000 metres 0.75 Drilling rab/aircore / RC / DD 0.02 0.03 0.15 0.85 Kiwirrkurra Kiwirrkurra Detailed geophysics (mag & gravity) 0.28 Detailed geophysics (mag & gravity) 0.28 Corporate Corporate Cost of Offer 0.25 Cost of Offer 0.25 IPO fees 0.30 IPO fees 0.36 Working capital & administration 1.05 Working capital & administration 1.05 Total 5.81 Total 6.81 22 Rincon Resources Ltd - November 2020 Investor Presentation R

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