Press Releases

Perth, May 22, 2012 (ABN Newswire) - Mutiny Gold Limited (ASX:MYG) is pleased to provide the presentation from Symposium Broken Hill regarding the Bonanza Results from Near Term Gold Producing Deflector.

Company Direction

Vision

- Mutiny Gold Ltd's objective is to be a profitable, mid tier gold - copper producer with a pipeline of mine projects

Strategy

- Mutiny's immediate focus is its flagship Deflector Deposit where it is currently completing a Definitive Feasibility Study

- Mutiny expects to also enjoy strong growth from the exploration and exploitation of its vast and highly prospective Gullewa gold - copper tenements

- Mutiny has a multi mine strategy including a strategic alliance with Cobra Mining Ltd to bring its White Well Gold Deposit near Cue rapidly into production

- Positive news including resource upgrade, improved recoveries from oxide and transitional ore and the move to 100% project ownership

- Latest drill results extend mineralisation with wide, high grade, gold intersections to the north of its Deflector Deposit

Accomplishments to date:

- From a base of $3m in June 2010, we have grown to over $40m in over 18 months

- Entered into agreement to acquire Gullewa Gold Project (containing Deflector) in June 2010

- Extended knowledge of resource including drilling success

- Dramatically improved the recovery of Gold, Silver and Copper

- Completed Deflector Gold/ Copper Scoping Study showing high grade, low cost, high profit project

- Resolved all known technical issues of processing ore including completing flow sheets and engineering studies

- Completed Acquisition of Gullewa Gold Project

- Final Feasibility study for Deflector, nearing completion

To view the complete Mutiny Gold Presentation, please refer to the following link below:
http://media.abnnewswire.net/media/en/docs/ASX-MYG-590688.pdf

Contact

Mutiny Gold Limited T: +61-8-9368-2722 F: +61-8-9367-9043 WWW: www.mutinygold.com.au