Investor Presentaiton

← GOLDEN STATE MINING Lithium RC Drilling Yule Target 2 Lead the charge ◉ Four key areas within Yule Target 2 show signs of lithium potential – will be drill tested Target L1: Interpreted geological features analogous to lithium pegmatite settings at Wodgina and Mt Cassiterite deposits - also in Pilbara region Target L2: Strong Li-Cs-Rb anomaly analogous to Pilgangoora lithium deposit setting ■ Target L3: Apex of interpreted antiform feature ◉ Target L4: Magnetically quiet metasediment signature with adjacent structures - analogous to Mt Cassiterite lithium pegmatite 62500on Potential Low Magnetic Granite, Low Ca Suite. Pegmatite Source? E47/3507 7707500mN Andesite and Metasediments 2 Kilometres Projection: MGA Zone 50 (GDA94) Yule Project Tenement Outline Phase 1 and 2 Drill Holes Pegmatite Targets Basalt and Dolerite Folds; anticline, syncline 627500mE L3 630000mE 632500mE E47/4391 TARGET 2A Core of Mostly Metasediments E47/3503 7707500mN Elevated Rubidium on Granite Contact 630000mE OL4 Ooooo oooo ဝ ဝ ဝ ဝ ဝ ဝ ဝ ဝဝ Magnetic Low, Mostly Metasediments? Potential Flat Lying Pegmatites? GSM is currently preparing for a follow up reverse circulation (RC) drill program 632500mE TARGET 5 Basalt Between Granitoid Pultons

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