UPDATE ON CONSTRUCTION OF PAKRUT GOLD PROJECT

China Nonferrous Gold

18/02/2013 07:00

UPDATE ON CONSTRUCTION OF PAKRUT GOLD PROJECT

      Kryso Resources

      Kryso Resources Plc

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

      AIM: KYS

      UPDATE ON CONSTRUCTION OF PAKRUT GOLD PROJECT

      Kryso Resources Plc (AIM: KYS), the mineral exploration and development       company developing the Pakrut gold project in Tajikistan (??Pakrut?),       advises that further to previous announcements, construction of the       underground mine and associated infrastructure at Pakrut is not now       expected to be completed by March 2014 as previously scheduled.

      Construction operations at Pakrut, which are in their early stages, are       ongoing but delays have been experienced. The Company retains full       confidence in the project construction and potential and will advise a       new target date for the completion of construction and commencement of       gold production at Pakrut in due course.

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

      Kryso Resources Plc
Craig Brown, Managing Director
Tel:       +44 (0) 20 7349 9160

      Investec Bank Plc
Jeremy Ellis, Chris Sim, Neil Elliot
Tel:       +44 (0) 20 7597 5970

      XCAP Securities Plc
Jon Belliss
Tel: +44 (0) 20 7101       7070

      Walbrook PR
Paul Cornelius
Tel: +44 (0) 20 7933 8794

      About the Pakrut Gold Project

      The Pakrut Gold Project, of which Kryso has 100% ownership, is situated       in Tajikistan approximately 112km northeast of the capital city       Dushanbe. The Pakrut Gold Project has estimated total JORC compliant       resources of 5,020,000 oz Au (assuming a cut-off grade of 0.5 g/t Au)       and is located within the Tien Shan gold belt, which extends from       Uzbekistan into Tajikistan, Kyrgyzstan and western China, and hosts a       number of multi-million ounce gold deposits.

      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.

      Kryso Resources