Golden Saint Resources Regulatory News (GSR)

03 December 2014

Golden Saint Resources Ltd

("Golden Saint" or the "Company")

Operational Update

Zimmi Artisanal Sponsorship

Golden Saint Diamonds (GSD) wishes to advise that over the weekend it has confirmed the purchase of a local washing plant to assist the sponsored Artisanal Miners to begin the washing of the gravels in the ZImmi sponsored licences. The plant is currently undergoing testing at the Bo office of Golden Saint Resources (GSR) and is expected to be transported to Zimmi by the end of this week. Preparatory work is currently being carried out in the Zimmi areas in anticipation of the arrival of the plant.

Baja- Bulk Sampling

The Bulk Sampling exercise on Site One in Baja is progressing smoothly and will continue for approximately three more weeks. GSR is considering moving to Tongo after Site One is finished and continuing the Bulk Sampling in Tongo before moving on to Baja Site 2 where the next lot of gravel is waiting to be processed.

Moa

Suitable sites are being identified by a team of locals for work to commence, and this will go ahead once the reports are sent to and approved by WAI. Technicians are being redeployed to Moa to undertake artisanal mapping.

Exploration work

Recommendations have been made for the commencement of exploration work to Wardell Armstrong International and the field team is expected to be redeployed to start work in all three exploration licences as soon as we receive the recommendations from Wardell Armstrong International.

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