Operational Update - Purchase of Washing Equipment

5 November 2013

Golden Saint Resources Ltd

("Golden Saint" or the "Company")

Operational Update - Purchase of Washing Equipment

Golden Saint (AIM:GSR) is pleased to announce that it has signed a contract with Dove Equipment & Machinery Co Ltd of Thailand for the purchase of alluvial diamond washing equipment for their small scale alluvial mining projects in Sierra Leone at a combined cost of £82,000.

Dove Equipment & Machinery Co Ltd is a major manufacturer and supplier of mining equipment and machinery with the largest range in Asia of fully integrated, portable minerals processing plants with continuous processing capacities for surface mining of diamonds and gold.

The Company will acquire the portable diamond wash plant for use on the Tongo and Baja projects where artisanal mining and initial exploration has identified areas with significant potential for alluvial diamonds within the Moa River and Sewa River drainage systems.

In addition, Golden Saint has entered into a short-term lease arrangement with a private Australia-based diamond explorer for their existing alluvial diamond wash plant located in Sierra Leone for use on nearby projects. This equipment has the same capacity as the wash plant being acquired from Dove Equipment & Machinery Co Ltd and is available for immediate use and potentially offers increased processing options for the future.

Golden Saint is also in the process of acquiring small scale gold washing plants for the Moa project and other potential areas of interest.

Cyril D'Silva Golden Saint's Executive Chairman commented: "Acquisition of this equipment forms a major component in Golden Saint's business strategy to generate near-term revenue from alluvial operations. We are confident that this equipment will assist the Company to increase shareholder value."

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