GME RESOURCES LTD

1 GME RESOURCES LTDNiWest Project: Leading the way in Ni-Co battery inputsOctober 2017 This presentation has been prepared by GME RESOURCES Limited ( GME ) and consists of written materials/slides for a presentationconcerning GME. By reviewing/attending this presentation, you agree to be bound by the following representation or warranty, express or implied, is made as to the fairness, accuracy, or completeness of the information, contained in the presentation or of the views, opinions and conclusions contained in this material. To the maximum extent permitted by law, GME and its related bodies corporate and affiliates, and its respective directors, officers, employees, agents and advisers disclaim any liability (including, without limitation any liability arising from fault or negligence) for any loss or damage arising from any use of this material or its contents, including any error or omission there from, or otherwise arising in connection with statements in this presentation are forward-looking statements within the meaning of the US securities laws.

2 Such statements include, but are not limited to, statements with regard to capacity, future production and grades, projections for sales growth, estimated revenues and reserves, targets for cost savings,the construction cost of new projects, projected capital expenditures, the timing of new projects, future cash flow and debt levels, the outlook for minerals and metals prices, the outlook for economic recovery and trends in the trading environment and may be (but are not necessarily) identified by the use of phrases such as will , expect , anticipate , believe and envisage . By their nature, forward-looking statements involve risk and uncertainty because they relate to events and depend on the circumstances that will occur in the future and may be outside GME scontrol.

3 Actual results and developments may differ materially from those expressed or implied in such statements because of a number of factors, including levels of demand and market prices,the ability to produce and transport products profitably, the impact of foreign currency exchange rates on market prices and operating costs, operational problems, political uncertainty and economic conditions in relevant areas of the world, the actions of competitors, activities by governmental authorities such as changes in taxation or these risks and uncertainties, undue reliance should not be placed on forward-looking statements which speak only as at the date of the presentation.

4 Subject to any continuing obligations under applicable law or any relevant stock exchange listing rules, GME does not undertake any obligation to publicly release anyupdates or revisions to any forward looking statements contained in this presentation, whether as a result of any change in GME s expectations in relation to them or any change in events, conditions or circumstances on which any such statement is statistical and other information included in this presentation is sourced from publicly available third party sources and has not been independently figures are expressed in Australian dollars unless stated notices Tier 1 scale resource : 830kt nickel and 52kt cobalt High grade zone of 35Mt at nickel and cobalt Premier mining jurisdiction of Western Australia Outstanding regional, open-access infrastructure Advanced stage of study.

5 PFS due March quarter 2018 Direct production of battery-ready nickel and cobalt products3 GME at a glanceBoard and key managementPeter SullivanNon-Executive ChairmanJamie SullivanExecutive DirectorPeter HustonNon-Executive DirectorMark PittsCompanySecretaryCapital structureASX tickerGMES hare price (13 Oct 2017)A$ on MOptions andperformance MMarket capitalisationA$46 MCash (30 June 2017)A$ MDebtA$ MGME share price performance (1 year)NiWest nickel-cobalt project (100% GME)Major shareholdersICM33%Directors20%PanoramicR esources4%A clean, tightly held capital structure with a strong and deeply experienced leadership teamCover photo is nickel sulphate produced by GME pilot flowsheet testing+Scale and life: resource of 830kt Ni and 52kt Co+Strategic domicile: First World, premier mining jurisdiction of Western Australia+Competitive advantage: Heap leachable via existing, proven methods+Footprint: Excellent regional infrastructure+Advanced.

6 PFS to be completed in March Q 20184 Compelling leverage to nickel and cobalt battery inputs Extensive met testwork and process de-risking Low capex track to substantial nickel and cobalt production from high grade zones Stronger future Co and (particularly) Ni markets Direct production of battery-ready Ni/Co inputs Realisation of nickel sulphate pricing premiumLi-ion battery market dynamics>Explosive forecast growth in Li-ion battery demand>Accelerating demand growth for cobalt and nickel>Supply chain pressures: ethical sourcing (cobalt; DRC) and battery purity (nickel; FeNi/NPI)>Buying concentration of existing Co supply sources>Rapid drawdown from high nickel stock levelsThe GME opportunityValue capture pathwayEVs: The new metals demand battlegroundThe NiWest nickel-cobalt projectA low cost mine delivering premium battery inputsLi-ion battery market dynamicsEVs.

7 The new metals demand battlegroundElectric Vehicles (EVs) Regulatory reform driving producer action and consumer uptake Major automakers rapidly moving to a non ICE production norm Huge growth in EV output rates forecast off a relatively low base6 Explosive forecast growth in Li-ion battery demand for EVsThe future is arriving fast and it is being driven by electric vehiclesLi-ion batteries Expected Li-ion demand growth dominated by EV market Further battery efficiency gains to accelerate rate of EV uptake Bullish implications for key Li-ion battery raw materialsGrowth in Electric Vehicles is growth in battery demand Shift towards high Ni content EV batteries (NMC 8:1.)

8 1 & NCA) Superior energy density and increased range Increasing cost of cobalt raw material supply Accentuated by concerns around security and auditing of cobalt supply chains7EV battery chemistry trending toward high nickel contentCobalt market tightness and supply risks are positive for potential cobalt and for nickel players too ..all battery players are investing heavily in technology to reduce cobalt content per battery UBS, Feedback from Asia EV trip, September 2017 Source: BHP, August 2017 Leading cathode chemistry for Li-ion batteries used in EVs requires both nickel and cobalt materials (NCA & NMC)Expected large scale migration of Chinese EV battery manufacturers from LFP to NMC (Ni-Mn-Co) cathodes Depicts NMC 1:1:1 chemistrySee chart on right for evolution of NMC chemistry towards progressively higher Ni contentSource.

9 Avicenne, Macquarie Research, March 2017Li-ion batteries require high purity nickel feedstockLow purity ferronickel (FeNi) and nickel pig iron (NPI) products are prohibitively expensive to upgrade38 Nickel: The building need for new premium supply1 UBS Research, 15 August 2017, Impact of EVs on commodities interactive model2 UBS Research, 20 July 2017, Nickel: Big Winner from Electric Vehicles? (Incorporates expected Chinese migration to NMC composition for EV batteries and NMC chemistry moving toward 8:1:1 nickel use from 1:1:1)3 BHP, 9 August 2017, Nickel West Energising Our Future Potential to be the biggest beneficiary of the major commodities aided by changes in NCM battery chemistry 1 Estimated nickel market impact of EVs by 20252+13mEV output growth(EV & PHEV )+730ktpaNi demandfrom EV batteries+35%Ni market demand growth from EVsNickel demand and supply2 Half of global Ni supply is unsuitable for EV batteries2,3 Approx.

10 50% of current global cobalt demand is for batteriesTotal cobalt demand is expected to increase 100-200% by 202519 Cobalt: Demand surge and ethical supply squeezeClear market imbalances expected to growEthical sourcing and auditable supply chain requirements; upholding the green image of EV technologiesConcentration of global reserves and supply from an unstable and high geopolitical risk country: The DRCHigh concentration of African cobalt mine ownership and offtake sits with Chinese private companies and SOEs65%DRC share of global Co production11 UBS Research, 28 September 2017, Cobalt how attractive are the fundamentals?2 CRU estimate for 2017 quoted in Mining & Business, September 201662%Chinese entities share of global refined Co output3 The cobalt supply squeezeShare of global cobalt production that is a by-product of nickel and copper mines99%Source.