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Kingsrose Mining Limited ABN 49 112 389 910 Suite 9, Level 2, 12-14 Thelma Street West Perth Western Australia 6005 T: +61 8 9486 1149 F: +61 8 9486 1151 E: [email protected] Kingsrose Mining Limited 4 September 2011 MEDIA RELEASE Further High Grade Gold Intercepts at Talang Santo Discovery The Board of Kingsrose Mining Limited (ASX:KRM) is pleased to advise that recent drilling has returned further high grade gold and silver assays from its Talang Santo Prospect approximately 7 km north of its operating Way Linggo Gold Mine. Kingsrose has previously reported high-grade gold and silver intercepts from the first phase of drilling at Talang Santo. The latest drilling results indicate that grade is increasing at depth and reveals epithermal rock textures which indicate that potential bonanza grades from within the postulated boiling zone of the epithermal system may still be deeper. The best of the results from the latest round of drilling include: DDH208 – 15015N, 19086E, -60/240 10.65m @ 8.27 g/t Gold and 11.3 g/t Silver from 214.5m (including 1.25m @ 30.6 g/t Gold, 40 g/t Silver from 215.75m) DDH226 – 15032N, 19102E, -57/240 4.65m @ 16.31 g/t Gold and 47.4 g/t Silver from 305.6m (including 1.75m @37.9 g/t Gold and 117 g/t Silver from 308.5m) DDH233 – 15067N, 19051E, -70/240 4.95m @ 17.56 g/t Gold and 33.6 g/t Silver from 271.2m (including 0.95m @ 51.81 g/t Gold and 93.16 g/t Silver from 275.2m) Managing Director Mr. Start said: "We are very encouraged by these results which are consistent with previous high grade gold intercepts encountered at the prospect area. These results continue to confirm the increasing potential for the Talang Santo Prospect to become a second mine production area within our tenement and extend the mine life of the operation.” The Company is continuing its current aggressive drilling program with 6 operational diamond rigs on the Talang Santo prospect and 12 in total at the site. . The Company has also commenced an exploration adit at Talang Santo to access the mineralised zones to obtain bulk samples for grade reconciliation against drill hole data and metallurgical test work. A more detailed exploration report will be included in the September quarterly report to be released later this month. …/2

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Kingsrose Mining Limited

ABN 49 112 389 910

Suite 9, Level 2, 12-14 Thelma Street

West Perth Western Australia 6005

T: +61 8 9486 1149 F: +61 8 9486 1151

E: [email protected]

Kingsrose Mining Limited

4 September 2011

MEDIA RELEASE

Further High Grade Gold Intercepts at Talang Santo Discovery

The Board of Kingsrose Mining Limited (ASX:KRM) is pleased to advise that recent drilling has returned

further high grade gold and silver assays from its Talang Santo Prospect approximately 7 km north of its

operating Way Linggo Gold Mine.

Kingsrose has previously reported high-grade gold and silver intercepts from the first phase of drilling at

Talang Santo. The latest drilling results indicate that grade is increasing at depth and reveals epithermal rock

textures which indicate that potential bonanza grades from within the postulated boiling zone of the

epithermal system may still be deeper.

The best of the results from the latest round of drilling include:

DDH208 – 15015N, 19086E, -60/240

• 10.65m @ 8.27 g/t Gold and 11.3 g/t Silver from 214.5m

(including 1.25m @ 30.6 g/t Gold, 40 g/t Silver from 215.75m)

DDH226 – 15032N, 19102E, -57/240

• 4.65m @ 16.31 g/t Gold and 47.4 g/t Silver from 305.6m

(including 1.75m @37.9 g/t Gold and 117 g/t Silver from 308.5m)

DDH233 – 15067N, 19051E, -70/240

• 4.95m @ 17.56 g/t Gold and 33.6 g/t Silver from 271.2m

(including 0.95m @ 51.81 g/t Gold and 93.16 g/t Silver from 275.2m)

Managing Director Mr. Start said: "We are very encouraged by these results which are consistent with

previous high grade gold intercepts encountered at the prospect area. These results continue to confirm

the increasing potential for the Talang Santo Prospect to become a second mine production area within our

tenement and extend the mine life of the operation.”

The Company is continuing its current aggressive drilling program with 6 operational diamond rigs on the

Talang Santo prospect and 12 in total at the site. .

The Company has also commenced an exploration adit at Talang Santo to access the mineralised zones to

obtain bulk samples for grade reconciliation against drill hole data and metallurgical test work.

A more detailed exploration report will be included in the September quarterly report to be released later

this month.

…/2

Kingsrose Mining Limited

ABN 49 112 389 910

Suite 9, Level 2, 12-14 Thelma Street

West Perth Western Australia 6005

T: +61 8 9486 1149 F: +61 8 9486 1151

E: [email protected]

Kingsrose Mining Limited

DDH-266 B-Santo Vein Photo

…/3

Kingsrose Mining Limited

ABN 49 112 389 910

Suite 9, Level 2, 12-14 Thelma Street

West Perth Western Australia 6005

T: +61 8 9486 1149 F: +61 8 9486 1151

E: [email protected]

Kingsrose Mining Limited

For further information, please contact:

CHRIS START

MANAGING DIRECTOR

+61 8 9486 1149

[email protected]

Competent Person Statement

The information in this report that relates to exploration results, mineral resources and ore reserves is based on information

compiled by Mr. Peter G. Cook, BSc Applied Geol, MSc (Min Econ), who is a Member of the Australasian Institute of Mining and

Metallurgy, and a Director of and a consultant to Kingsrose Mining Limited. Mr. Cook has sufficient experience which is relevant

to the styles of mineralisation and types of deposits and to the activity he is undertaking to qualify as a Competent Person as

defined in the 2004 edition of the Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves

(“JORC Code”). Mr. Cook consents to the inclusion in this report of the matters based on his information in the form and context

in which it appears.