Updated Corporate Presentation

24 February 2014

Nyota Minerals Limited

('Nyota' or 'the Company')

UPDATED CORPORATE PRESENTAION

Nyota Minerals Limited (ASX/AIM: NYO), the gold exploration company in East Africa, is pleased to announce that an updated Corporate Presentation is available for download on the Company's website www.nyotaminerals.com.

The presentation highlights the Company's renewed strategy to focus on exploration, starting with its 100% owned Northern Block exploration tenements in Ethiopia. Fieldwork has recommenced across the area to advance existing target areas and delineate new areas of interest, with a view to prioritising drill targets. SRK Exploration Services Limited has been engaged to prepare a Competent Person's Report ("CPR") on work to date in the Northern Block licence areas and to review the fieldwork currently underway. The Company anticipates receipt of the CPR in Q1 2014.

As well as the above, the Company currently has exposure to 34% of any upside realised from the Tulu Kapi Gold Project, through its shareholding in both the project and its joint venture partner KEFI Minerals plc. The Board continues to believe that Tulu Kapi will be developed by the operating company of which Nyota is currently a 25% shareholder.

**ENDS**

For further information please visit www.nyotaminerals.com or contact: