ASX RELEASE QUARTERLY ACTIVITIES REPORT. 31 October 2014 ASX : BGS SEPTEMBER The emerging West African Gold Exploration Company HIGHLIGHTS

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1 31 Octber 2014 ASX RELEASE ASX : BGS The emerging West African Gld Explratin Cmpany HIGHLIGHTS QUARTERLY ACTIVITIES REPORT SEPTEMBER 2014 Targeting multi-millin unce gld depsits in Mali and Liberia. Expanding gld inventry at existing assets and via new prject generatin. Wintn Willesee Chairman Kevin Jyce Managing Directr Hugh Bresser Nn-Executive Directr Investr Relatins Rupert Dearden / Richard Glass MAGNUS Cmmunicatin T: Suite 9, 5 Centr Ave, Subiac WA 6008 PO Bx 457 West Perth WA 6872 P: F: E: inf@birimiangld.cm MASSIGUI GOLD PROJECT MALI Shallw high grade gld znes cnfirmed at Viper Prspect. Significant results include; 3.45 g/t Au frm 4m (incl g/t Au) 2.23 g/t Au frm 17m 2.54 g/t Au frm 14m 6.27 g/t Au frm 41m 1.60g/t Au frm 29m 1.16 g/t Au frm 4m Results cnfirm excellent ptential fr the delineatin f additinal gld resurces in the Ntila District. Multifaceted 4,500m drilling prgram underway, testing multiple high ptential advanced and early stage gld prspects in the Ntila District. Drilling results expected in mid-nvember. BASAWA GOLD PROJECT - LIBERIA Analysis f results has cnfirmed significant reginal-scale gld trend extending ver 15km f strike in the Bafawehn Regin and hsting multiple gld prspects. High pririty targets identified fr trenching, channel sampling and subsequent drill targeting at Befre Camp, Newtwn and Bafa Creek. CORPORATE Sund financial psitin with apprximately $1.7 millin cash available at end f the quarter. ABN

2 Birimian Gld Limited 31 Octber 2014 During the September 2014 quarter Birimian Gld Limited (ASX:BGS; Birimian Gld r the Cmpany ) remained fcussed n priritising targets and cmpleting preparatins fr the next rund f explratin drilling at the Massigui Gld Prject in suthern Mali and the Basawa Gld Prject in Liberia (Figure 1). Figure 1. Lcatin f Birimian Gld Limited s prjects in West Africa WEST AFRICAN GOLD PROJECTS Massigui Gld Prject, Mali While the Massigui Gld Prject lies adjacent t the Mrila Gld Mine Lease, surrunding it n 3 sides, imprtantly it als cvers strike extensins f the highly prspective gelgical sequence that hsts the 7Mz Mrila Gld Depsit (Figure 2). Wrk undertaken during the quarter included resampling, multielement analysis and gelgical re-lgging prgrams designed t prvide additinal infrmatin and understanding t assist in the planning f the next phase f drilling which cmmenced subsequent t the end f the reprting perid. Detailed sampling cnducted n aircre (AC) drill intervals at the Viper Prspect, situated apprximately 5km suth-west f the Ntila Depsit (Figure 3), significantly upgraded the previusly reprted drill results and prvided further cnfirmatin f the presence f high grade gld mineralisatin in the prspect area (ASX Release: 11 August 2014). Highlights frm the prgram included; 3.45 g/t Au frm 4m (incl g/t Au) 2.23 g/t Au frm 17m 2.54 g/t Au frm 14m 6.27 g/t Au frm 41m 1.60g/t Au frm 29m 1.00 g/t Au frm 19m 1.16 g/t Au frm 4m

3 Birimian Gld Limited 31 Octber 2014 As a result f the psitive utcmes frm the resampling wrk, the Cmpany mbilized an AC drill rig and a larger reverse circulatin (RC) drill rig t the Massigui Prject t cmmence drilling n the higher pririty targets in the Ntila District. Apprximately 4,500m f drilling is anticipated t be cmpleted in this initial drilling campaign. The drilling is designed t, Test depth extensins t the recently defined shallw high-grade gld znes at Viper Prspect. Infill and extend drill cverage alng strike and adjacent t re-grade drill intersectins at Viper Prspect, and Evaluate high ptential gld targets identified in previus AC and auger drilling at Kble, Kting, and Kura Prspects. Figure 2. Birimian Gld s Massigui Gld Prject, Mali. The Cmpany believes there is excellent scpe t delineate additinal shallw gld resurces at these prspects and mre bradly within the Massigui Gld Prject. The current phase f infill and extensinal drilling will frm the base fr subsequent resurce definitin drilling prgrams as the Cmpany wrks t build upn its current gld inventry thrugh nging explratin and discvery. Figure 3. Ntila Regin. Target areas are highlighted in white plygns.

4 Birimian Gld Limited 31 Octber 2014 Figure 4. Viper Prspect. Updated aircre drill hle intersectins (>0.5 g/t Au). Drillhle cllars are shwn as white pints (phase 1) and black pints (phase 2). Basawa Gld Prject, Liberia The Basawa Gld Prject cvers a large area (1,000km 2 ) f highly gld prspective terrain in sutheastern Liberia (Figure 5). The 4.2Mz Dugbe-Tuzn Gld Camp, which is wned and perated by AIM listed Hummingbird Resurces Plc, is situated n parallel gelgical structure apprximately 25km t the nrth f the Basawa Prject.. Figure 5. Birimian Gld s Basawa Gld Prject in Liberia.

5 Birimian Gld Limited 31 Octber 2014 Field prgrams cmpleted during the June 2014 quarter fcused n develping ptential drill targets ver advanced prspects at Befre Camp and Newtwn Prspects, and expanding recnnaissance sampling alng ptential strike extensins assciated with this mineralized trend. Results received during the September quarter frm this earlier wrk prgram have cnfirmed a significant reginal-scale gld trend, hsting multiple gld prspects and extending ver 15km f strike in the Bafawehn Regin (Figure 6 - ASX: 27 August 2014). The results als significantly upgraded the gld targets at Befre Camp and Newtwn, in additin t defining a third, new, high ptential target area at Bafa Creek (Figure 7). Results received during the quarter frm brad spaced (200m x 200m) sil sampling in the regin arund Bilap identified a zne f strngly elevated gld in sils (see Figure 6). The Bilap anmaly is situated adjacent t a large alluvial mining centre at the suthern edge f the current sampling grid and therefre represents a significant new target area fr further investigatin. The Cmpany is currently develping a prgram invlving trenching and channel sampling t assist in defining drill targets at Befre Camp, Newtwn and Bafa Creek Prspects. Planning is als underway fr a staged prgram f sil sampling and prspect develpment ver the brader Befre Camp Trend and at Bilap Prspect. The Cmpany is mnitring the develping situatin in Liberia in relatin t the Ebla Virus and while the Basawa Gld Prject is nt in a regin directly affected, the practicalities f perating in Liberia are challenging at the present time. At this stage the Cmpany des nt expect t re-cmmence field wrk befre the end f the year. Figure 6. Basawa Gld Prject. Bafawehn regin, viewed lking west. Sil gechemistry and prspect lcatins ver USGS gelgical interpretatin map.

6 Birimian Gld Limited 31 Octber 2014 Figure 7. Auger results at Befre Camp, Newtwn and Bafa Creek Prspects. Infill auger sampling areas utlined in blue. Dankassa Gld Prject, Mali The Dankassa Gld Prject cvers 510km 2 f gld prspective grund in suthern Mali (see Figure 1). N field activity ccurred during the quarter hwever desktp wrk cntinued t identify ptential drill targets and the Cmpany believes further recnnaissance drilling is warranted t test fr ecnmic mineralisatin n the Dankassa Gld Prject. The Cmpany will cntinue t evaluate and rank targets n all prperties within the Cmpany s prtfli t ensure resurces are directed t the highest pririty targets. At this time field wrk at the Dankassa Prject will remain n hld while the Cmpany fcuses its resurces n expanding the explratin and evaluatin drilling prgrams at the Massigui Prject. CORPORATE Cash available t the Cmpany at the end f the quarter is apprximately $1.7M. Fr further infrmatin please cntact : Mr Kevin Jyce Managing Directr (08) inf@birimiangld.cm Media: Rupert Dearden / Richard Glass MAGNUS Crprate and Financial Cmmunicatin

7 Birimian Gld Limited 31 Octber 2014 Schedule f Tenements held at 30 September 2014 Cuntry Prject Tenement Reference Mali 10/ /0590 Dankassa 13/ / / / / / /3125 Massigui 13/ / / /0389 Liberia Basawa MEL11100 Australia Waite Kauri Prject M37/1289 Cmpetent Persns Declaratin The infrmatin in this annuncement that relates t explratin results is based n infrmatin cmpiled by r under the supervisin f Kevin Anthny Jyce. Mr Jyce is Managing Directr f Birimian Gld Limited and a Member f the Australian Institute f Gescientists. Mr Jyce has sufficient experience which is relevant t the style f mineralisatin and type f depsit under cnsideratin and the activity he is undertaking t qualify as a Cmpetent Persn as defined in the 2012 Editin f the Australasian Cde fr Reprting f Explratin Results. Mr Jyce cnsents t the inclusin in the reprt f the matters based n his infrmatin in the frm and cntext in which it appears. Previus Reprted Results There is infrmatin in this annuncement relating t previus Explratin Results. The Cmpany cnfirms that it is nt aware f any new infrmatin r data that materially affects the infrmatin included in the riginal market annuncement(s), and that all material assumptins and technical parameters have nt materially changed. The Cmpany cnfirms that the frm and cntext in which the Cmpetent Persn s findings are presented have nt been materially mdified frm the riginal market annuncement.