GGM - Goliath Gold Mining Limited - Cautionary announcement

GGM - Goliath Gold Mining Limited - Cautionary announcement                     
GOLIATH GOLD MINING LIMITED                                                     
(Formerly White Water Resources Limited)                                        
Incorporated in the Republic of South Africa                                    
(Registration number 1933/004523/06)                                            
Share code: GGM     ISIN: ZAE000154753                                          
("Goliath Gold" or "the Company")                                               
CAUTIONARY ANNOUNCEMENT                                                         
Shareholders are advised that Goliath Gold has entered into discussions,        
which if successfully concluded, may have a material effect on the price of     
the Company`s securities.                                                       
Accordingly, shareholders are advised to exercise caution when dealing in       
the Company`s securities until a further announcement is made.                  
Johannesburg                                                                    
9 December 2011                                                                 
Sponsor                                                                         
Merchantec Capital                                                              
For further information contact:                                                
Neal Froneman                                                                   
Chief Executive Officer                                                         
+27 11 726 1047 (office)                                                        
+27 83 628 0226 (mobile)                                                        
neal.froneman@gold1.co.za