Mintails Mining SA: Mogale Gold water licence external audit report

2nd June 2014

Mintails Mining SA: Mogale Gold water licence external audit report

As a requirement of the Integrated Water Licence for Mintails Mining, Part A: General Conditions for the Licence, point number 11, the licensee (Mintails Mining SA) is requested to conduct an external audit and report on compliance with the conditions of the licence.

Please find attached the External Audit Report conducted by Janigraph.