Kingsrose Mining Limited

In March 2011, the directors of Kingsrose Mining Limited (ASX:KRM) announced the appointment of Mr. Chris Start as General Manager of Kingsrose Mining Limited. The directors are now pleased to announce that Mr. Start has been appointed Managing Director.

Kingsrose Mining Limited (ASX:KRM) is pleased to advise that recent drilling has returned high grade gold and silver assays from its Talang Santo Prospect, approximately 7km north of its operating Way Linggo Gold Mine.

During a scheduled inspection of both ball mills at the beginning of the month, it was noted that excessive wear to the liners warranted their immediate replacement and Kingsrose Mining Limited (ASX:KRM) has decided not to operate the plant and risk damage to the mills until new liners can be fitted. Further, inspection of the mills bearings during downtime has revealed noticeable deterioration and issues with the ball mill trunnion bearings and lube system. Temporary repairs have been carried out and as of yesterday evening the mills were again operating.

Kingsrose Mining Limited (ASX:KRM) are pleased to announce the appointment of Mr. Chris Start as General Manager of Kingsrose Mining Limited.

Kingsrose Mining Limited (ASX:KRM) is pleased to announce that it has successfully arranged a prepaid silver forward sale transaction with Credit Suisse International raising A$13 million and allowing Kingsrose to repay various outstanding loans totalling A$10 million.

Kingsrose Mining Limited (ASX:KRM) lodged its Annual Report for the year ended 30 June 2010 with the ASX.

Kingsrose Mining Limited (ASX:KRM) is pleased to announce that it has reached agreement with Harmony Gold Mining Co Limited's (NYSE:HMY) fully owned subsidiary, Aurora Gold Limited ("AGL"), to relinquish and terminate AGL's right to receive under a 1995 Royalty Agreement a 1.85% net smelter return royalty (capped at US$3.5m) on gold and silver production from KRM's 85% owned Way Linggo Gold Project in Sumatra, Indonesia.

One of the world's lowest cost gold mines started production earlier today when Australian-listed Kingsrose Mining Limited (ASX:KRM) poured its first bars at the Way Linggo mine on the Indonesian Island of Sumatra. The four bars of dore weighing a total of 5.9kg (a mix of gold and silver) represent the culmination of a 12 month mine development and plant construction phase costing $US12 million.

The Board and management of Kingsrose Mining Limited (ASX:KRM) and its 85% owned operating subsidiary, PT Natarang Mining, are pleased to report that the commissioning of the process plant at the Way Linggo Gold/Silver Project is proceeding well and near completion.

Kingsrose Mining Limited (ASX:KRM) is pleased to release Quarterly Activities Report for the three months ended 30 June 2010.