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GIYANI GOLD CORPORATION - Giyani Gold Receives DMR Acceptance for Rock Island Gold Project Licence

Release Date: 02/09/2016 07:05
Code(s): GIY     PDF:  
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Giyani Gold Receives DMR Acceptance for Rock Island Gold Project Licence

Giyani Gold Corporation
(Incorporated and registered in Canada)
(Registration number BC-C0887454)
Share code on the TSXV: WDG
Share code on the NSX: GGC
Share code on the JSE: GIY         ISIN: CA37636L1076
 (“Giyani Gold” or “the company” or “the group”)

Giyani Gold Receives DMR Acceptance for Rock Island Gold Project Licence

OAKVILLE, ON, September 1, 2016 - Giyani Gold Corp. (TSXV: WDG) ("Giyani Gold") is pleased
to announce that Corridor Mining Resources (PTY) Ltd. our state-owned partner (“CMR”) has
confirmed that the South African Department of Mineral Resources (“DMR”) has provided Rock
Island with an acceptance letter for a retention license application submitted relating to their
Prospecting Right LP306PR (Louis Moore) and Prospecting Right LP310PR (Klein Letaba-
Frankie, Horseshoe and Birthday). The acceptance letter is the last step towards the issuing of
the final grant. CMR and Giyani Gold own 45% each of Rock Island and share all corporate costs
50/50 in the South African registered operating company.

“The Rock Island partners had a very productive meeting on August 31, 2016 in Pretoria
discussing key issues such as the immediate loan repayment owed to Giyani Gold, granting of
our retention licenses and options to improve a way forward designed to realize the true value of
these key assets in an improved global gold market. We remain confident in South Africa’s mining
environment and we are evaluating a number of opportunities available to spark future growth”
stated Giyani’s Executive Chairman, Duane Parnham.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in
policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this
release.

For additional information and corporate documents may be found on www.sedar.com and
www.giyanigold.com

On behalf of the Board of Giyani Gold Corp.
"Duane Parnham"
Executive Chairman

For further information, please contact:
Scott Breard, Director
Giyani Gold Corp.
Tel: 289-837-0066
Email: breard@me.com

Duane Parnham, Executive Chairman
Giyani Gold Corp.
Tel: 289-837-0066
Email: dparnham@giyanigold.com

Forward Looking Statements
This news release includes certain forward-looking statements or information. All statements
other than statements of historical fact included in this release or other future plans, objectives or
expectations of Giyani Gold Corp. are forward-looking statements that involve various risks and
uncertainties. There can be no assurance that such statements will prove to be accurate and
actual results and future events could differ materially from those anticipated in such statements.
Important factors that could cause actual results to differ materially from Giyani Gold's plans or
expectations include risks relating to the actual results of current exploration activities, fluctuating
gold prices, possibility of equipment breakdowns and delays, exploration cost overruns,
availability of capital and financing, general economic, market or business conditions, regulatory
changes, timeliness of government or regulatory approvals and other risks detailed herein and
from time to time in the filings made by Giyani Gold with securities regulators. Giyani Gold
expressly disclaims any intention or obligation to update or revise any forward-looking statements
whether as a result of new information, future events or otherwise except as otherwise required
by applicable securities legislation.

2 September 2016
Johannesburg

Sponsor: Sasfin Capitall (a division of Sasfin Bank Limited)

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