Miscellaneous

China Nonferrous Gold

14/08/2013 09:35

Miscellaneous

      Kryso Resources

      14 August 2013

      Kryso Resources Corporation Limited

      (??Kryso?? or the ??Company??)

      AIM: KYS

      AWARD OF CONTRACTS FOR FLOTATION CELLS, CRUSHERS AND BALL MILLS

      Kryso Resources Corporation Limited (AIM: KYS), the mineral       exploration and development company currently developing the Pakrut       gold project in the Republic of Tajikistan, is pleased to announce that       its wholly-owned subsidiary Kryso Resources Limited (formerly Kryso       Resources Plc) has, having undertaken a competitive tender process,       awarded contracts for the supply of ball mills, crushers and flotation       cells in relation to the construction of its Pakrut gold project.

      Ball mills and related services will be supplied by CITIC Heavy       Industries Co. Ltd and NFC (Shenyang) Metallurgical Machinery Co. Ltd,       crushers and related services by Metso Minerals (Tianjin) International       Trade Co. Ltd and flotation cells and related services by BeiKuang       Mechanical & Electrical Technology Co. Ltd.

      Commenting, Craig Brown, Kryso??s Managing Director, said:

      ??The award of these contracts marks further progress as we move       towards bringing the Pakrut project into production. Construction work       is ongoing and we remain confident that the project will be in       production in 2014.?

      For further information please visit the Company??s website (www.kryso.com)       or contact:

      Kryso Resources Corporation Limited

      Craig Brown, Managing Director

      Tel: +44 (0) 20 7349 9160

      Investec Bank Plc

      Jeremy Ellis, Chris Sim, George Price

      Tel: +44 (0) 20 7597 5970

      XCAP Securities Plc

      Jon Belliss, Guy Peters

      Tel: +44 (0) 207 101 7070

      Blythe Weigh Communications

      Paul Weigh, Halimah Hussain

      Tel: +44 (0) 20 7138 3204

      Notes to Editors

      Project Summary

      The Pakrut gold project, of which Kryso has 100 per cent ownership, is       situated in Tajikistan approximately 120km northeast of the capital city       Dushanbe. Pakrut has estimated total JORC compliant resources of       4,720,000 oz Au (assuming a cut-off grade of 0.5 grams per tonne of       gold) and is located within the Tien Shan gold belt, which extends from       Uzbekistan into Tajikistan, Kyrgyzstan and Western China, and which       hosts a number of multi-million ounce gold deposits.

      Kryso is currently in a construction phase with mining contractors on       site developing the underground mine and surface infrastructure. Kryso       has completed building a number of new bridges and roads up to site.       Infrastructure construction began in October 2011 and construction of       the mine commenced in September 2012. At the same time exploration is       continuing with five drill rigs currently operating in the Pakrut       Licensed Area drilling at Eastern Pakrut, Rufigar and Sulfidnoye.

      About Tajikistan

      Tajikistan is a secular republic located in Central Asia. The country is       a member of the Commonwealth of Independent States and the Shanghai       Cooperation Organisation. Tajikistan hosts numerous operating precious       metal mines as well as the largest aluminium smelter in Central Asia.       Kryso's management team has extensive experience in the mining industry       in Tajikistan.