Release of CPR for Northern Block

31 March 2014

Nyota Minerals Limited

('Nyota' or the 'Company')

Release of Competent Person's Report by SRK Exploration

Nyota Minerals Limited (ASX/AIM: NYO), the gold exploration company in East Africa, announces that SRK Exploration ('SRK ES'), an independent technical consultant, has completed its Competent Person's Report ('CPR') on the Company's Brantham and Towchester exploration licence areas (together referred to as the 'Northern Block') exploration assets in Ethiopia.

SRK ES was retained by Nyota in January 2014 to prepare a report in accordance with the new Australasian Code for Reporting of Exploration Results, Minerals Resources and Ore Reserves in the Joint Ore Reserves Committee ('JORC') JORC Code 2012 Edition. Its scope of work included a compilation and review of exploration work and exploration results relating to the licences in order to assess their exploration potential.

SRK ES conducted a site visit to the projects between 4 and 8 February 2014. During the visit the Competent Person visited the Boka-West, Tsoli-Moli and Bendokoro targets, which constitute the areas of most detailed understanding. The Boka-Sirba and Arangama targets were also inspected as part of a wider exploration review.

Nyota has previously announced the results of its exploration activities by way of a series of market announcements between 8 September 2010 and the present, including its quarterly reports. The information therein and relating to the Company's past exploration results was prepared and first reported in compliance with the JORC Code 2004 Edition.

No new Exploration Results are reported in the CPR and there have been no material changes to these reported previously by Nyota.

The full CPR is available on the Company's website at http://www.nyotaminerals.com/files/CPR%2028.03.14.pdf (please note that this link will take you directly to the CPR document which is >10MB). A summary of the information and findings can be found in JORC Table 1 (Technical Appendix 1 to the CPR) and as a Summary Matrix of Exploration Potential (Technical Appendix 2 to the CPR).

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

Neither the contents of the Company's website nor the contents of any website accessible from hyperlinks on the Company's website (or any other website) is incorporated into, or forms part of, this announcement.