royal falcon's maiden world class ore deposit

Royal Falcon Mining

On the 1 August 2008 Golden Rim Resources Ltd (www.goldenrim.com.au) entered into a Strategic Alliance with Royal Group (www.royalgroupuae.com) based in the United Arab Emirates (UAE) to jointly acquire, explore and develop major mineral projects. A jointly owned company, Royal Falcon Mining LLC (GMR 35%, RG 65%) has been established to manage mineral projects acquired under the alliance.

http://www.royalfalconmining.com/RoyalFalc_Brochure_LowerRes.pdf

FIRST MAJOR PROJECT

Falun, Sweden

• High grade gold intersections include: 37.4 m @ 23.6 g/t gold (including 1.2 m @ 656 g/t gold); 12.9 m @ 23.5 g/t gold and 50.8 m @ 3.4 g/t gold.

• This mineralisation forms part of the Eastern Copper-Gold Zone, which has a length of 500 metres, is up to 200 metres wide, and extends below 400 metres depth.

* The limited assays from this drilling show this mineralisation can grade between 1 – 5% copper and 1 – 30 g/t gold. There are local bonanza gold grades (500 – 800 g/t )

* Gold grades are strong throughout much of the continuous shoot of mineralisation and are locally very high, as indicated by the intersection of 1.2 metres at 656 g/t gold in Hole 40/1990. As several holes had started or ended in mineralisation, the actual width of the shoot may be greater

* A new assessment of the remaining past drill core has found that considerable zones of disseminated copper mineralisation was intersected in the core and many of these zones were not assayed for copper. Consequently, the copper grades are likely to be understated

http://www.asx.com.au/asx/statistics/displayAnnouncement.do?display=pdf&idsId=00964807


About the Falun gold-copper-zinc deposit

Falun was one of the great base and precious metal mines of the world. It formed a cornerstone of the Swedish economy for centuries.

* One of the world’s great ore‐bodies; once supplied 2/3 of
world’s copper- past mining concentrated on the “copper‐rich” massive sulphide ore (in the centre of the deposit)

* Siliceous copper and gold ores east and west of the massive sulphide ore not considered by past miners and large areas of mineralisation remain- historically this ore was too hard to extract


* The zone is up to 800 metres in width, and shows no sign of reduction with depth.

* Comparisons with similar major ore systems such as Rosebery and Golden Grove suggest that only some 10% of the potential system has been tested.

* The structural geologist building the 3D model for the mine considers that the margins of the massive sulphide deposit are fault controlled.

* Exploration during mining at Falun focused on the immediate extensions of the massive sulphide body; however, there was also a programme to assess part of the copper-gold and gold-bismuth ores in the last 6 years of operation.

* This demonstrated that copper-gold mineralisation extended to at least 1,000 metre depth.

* The projected surface area of one copper-gold system is 200,000 m2.

* Examples of holes that were effectively assayed include 42m @ 0.5% Cu and 3.4 g/t Au, 24m @ 0.5% Cu and 5.8 g/t Au.


Upcoming Announcements

• A diamond drilling programme comprising 17 holes (3,600 metres) to confirm this near surface mineralisation at depth is being permitted and is scheduled to commence in August 2009. It is expected that this drilling will be sufficient to enable an initial resource estimate for the copper-gold mineralisation to be calculated.

* Royal Falcon Mining LLC is actively conducting a worldwide search for new major mineral projects. Currently the Company is reviewing several major gold, copper and iron ore projects in northern Africa. A number of additional exciting opportunities have been identified and the alliance partners are in the process of trying to acquire several projects.

About the Royal Group

Royal Group is one of the largest business and investment houses in the UAE. It is a globally diversified conglomerate of 60 large and medium sized companies and has a vast network of business contacts and extensive operating experience with large developments in many countries, along with the financial capacity to undertake major investments.

Launched in the late 1990's, Royal Group currently employs over 10,000 people from a wide variety of countries and cultures and is supported through its head office in the capital of the UAE, Abu Dhabi. The Chairman of the Group is His Highness Sheikh Tahnoon bin Zayed Al Nahyan.

It has a significant and growing presence internationally, with a broad spectrum of investments and partners throughout the Middle East, Asia, USA and South America. One of Royal Group's current projects in property development is the US$60 billion Al Reem Island Project in Abu Dhabi.

http://www.royalfalconmining.com/RoyalFalc_Brochure_LowerRes.pdf

"UAE president Sheikh Khalifa Bin Zayed Al-Nahyan has been ranked second in a list of the world's richest royals.

The ruler of Abu Dhabi's fortune of approximately $24 billion was topped only by the King of Thailand's $36 billion"

http://www.arabianbusiness.com/528570-uae-president-ranked-worlds-2nd-richest-royal

DYOR
JB