Gold Road Resources : Australia East Coast Roadshow Presentation – June 2017

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Important Notices

Nature of this document: The purpose of this presentation is to provide general information about Gold Road Resources Limited (the 'Company'). Unless otherwise stated herein, the information in this presentation is based on the Company's own information and estimates. In attending this presentation or viewing this document you agree to be bound by the following terms and conditions.

Not an offer: This presentation is for information purposes only and does not constitute or form any part of any offer or invitation to sell or issue, or any solicitation of any offer to purchase or subscribe for, any securities in the Company in any jurisdiction. This presentation and its contents must not be distributed, transmitted or viewed by any person in any jurisdiction where the distribution, transmission or viewing of this document would be unlawful under the securities or other laws of that or any other jurisdiction.

Not financial product advice: This presentation does not take into account the individual investment objectives, financial situation and particular needs of each of the Company's Shareholders. You may wish to seek independent financial and taxation advice before making any decision in respect of this presentation. Neither the Company nor any of its related bodies corporate is licensed to provide financial product advice in respect of the Company's securities or any other financial products.

Forward-looking statements: Certain statements in the presentation are or may be "forward-looking statements" and represent the Company's intentions, projections, expectations or beliefs concerning, among other things, future operating and exploration results or the Company's future performance. These forward looking statements speak, and the presentation generally speaks, only at the date hereof. The projections, estimates and beliefs contained in such forward looking statements necessarily involve known and unknown risks and uncertainties, and are necessarily based on assumptions, which may cause the Company's actual performance and results in future periods to differ materially from any express or implied estimates or projections.

Disclaimer: No representation or warranty, express or implied, is made by the Company that the material contained in this presentation will be achieved or prove to be correct. Except for statutory liability which cannot be excluded, each of the Company, its directors, officers, employees, advisers and agents expressly disclaims any responsibility for the accuracy, fairness, sufficiency or completeness of the material contained in this presentation, or any opinions or beliefs contained in this document, and excludes all liability whatsoever (including in negligence) for any loss or damage which may be suffered by any person as a consequence of any information in this presentation or any error or omission there from. The Company is under no obligation to update or keep current the information contained in this presentation or to correct any inaccuracy or omission which may become apparent, or to furnish any person with any further information. Any opinions expressed in the presentation are subject to change without notice.

Unverified information: This presentation may contain information (including information derived from publicly available sources) that has not been independently verified by the Company.

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3 year share price performance

Gold Road Board

Tim Netscher Non-Executive Chairman

Ian Murray Managing Director & CEO

Justin Osborne Executive Director - Exploration & Growth Sharon Warburton Non-Executive Director

Martin Pyle Non-Executive Director (Retiring 30 June)

Hayden Bartrop Joint Company Secretary Carol Marinkovich Joint Company Secretary

Shareholder Base (Top 20 = 60%) Substantial Shareholders:

Capital Structure

Board and Management 2%

North America 37%

UK and Europe 6%

Retail 32%

Australasia 12%

Australasia

UK and Europe North America

Board and Management Retail

Corporate

Corporate 11%

• Gold Fields Ltd 10%

• Sun Valley Gold ~10%

• Mason Hill/Equinox ~7%

• Van Eck ~5%

• 1832 Asset Management ~4%

  Research:

• RBC Capital

• Morgan Stanley

• Macquarie

• Haywood Securities

• Canaccord

• Argonaut

• Bell Potter

• Baillieu Holst

• Fat Prophets

1 As at 1 June 2017

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2 As at 23 June 2017, based on last close price of A$0.685 per share

3 Based on an exchange rate as at 23 June2017 of A$1.00:US$0.757

4 As at 31 March 2017, the Company had A$415.9 million in cash, term deposits and current receivables

• ~6,000 km2 of highly prospective exploration tenements

• Joint Venture Partner in the Gruyere Gold Project

  • 6.16 Million Ounce total Gruyere Mineral Resource

  • 3.52 Million Ounce total Gold Ore Reserve

  • 13 year mine life at >270 koz per year annualised

  • A$945/oz (US$690/oz2) AISC - High Margin potential

• JV Partner Gold Fields Ltd a proven Australian operator

• Project under construction

• Fully funded to production and for exploration

• A$30M Greenfields exploration programme for 2017

~6,000 km2

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1 Western Australia ranks as the number three mining jurisdiction in the annual Fraser Institute Mining Survey 2016 - February 2017

2 Exchange rate of A$1.00:US$0.73 as per Feasibility Study (ASX announcement on 19 October 2016)