25 October 2013 Australian Securities Exchange Level 5, 20 Bridge Street SYDNEY NSW 2000

ASX ANNOUNCEMENT EXECUTION OF GREATER TGME MINING RIGHT

HIGHLIGHTS TGME executes Greater TGME New Order Mining Right 4 out of 8 New Order Mining Rights held by TGME, Sabie Mines and Bosveld Mines now executed
MARKET DATA ASX code: Current share price: Total free floating shares: Total restricted shares: SWJ $0.14 212 million 260 million 80 million 552 million

EXECUTION OF GREATER TGMR MINING RIGHT

Stonewall Resources Limited (ASX: SWJ) (Stonewall) is pleased to announce that, on the 16th of October 2013, the Department of Mineral Resources in South Africa executed Transvaal Gold Mining Estates Ltd (TGME) a mining right (MP MR 83) for the Greater TGME area. TGME is a subsidiary of Stonewall Mining which has now been granted a total of eight (8) new order mining rights of which four (4) have been executed. The execution of a granted mining right in South Africa means that the legal permission is given by the Department of Mineral Resources to proceed with physical mining activities as defined in the Mining Works Program and that all other legal requirements, such as rehabilitation guarantees, have been met. In addition to the eight (8) New Order Mining Rights, Stonewall Mining also has six (6) New Order Prospecting Rights.

South African shares: Total shares:

DIRECTORS & SENIOR MANAGEMENT David Murray, Chairman Trevor Fourie, Director Nathan Taylor, Director Liu Yang, Director Andrew Macintosh, Director Lloyd Birrell, CEO MAJOR SHAREHOLDERS Khan International Limited Salamanca Ventures Limited Murray SA Investment (Pty) Ltd Hanhong New Energy Holdings Ltd

In commenting on the execution of the New Order Mining Right, CEO, Lloyd Birrell said: The execution of MR 83 presents the opportunity for us to recommission these historical mines as part of the Stonewall Mining future roll out strategy. The mines in the Greater TGME mining area have the same characteristics of our current projects namely easily accessible reefs and are susceptible to the TGME Metallurgical process flow. The strategy of a rapid rollout of low Capex mines feeding concentrate to a central plant is now ready for implementation. In addition, the discovery of reef residue in certain areas of these mines allows for the commencement of mining without development, drilling and blasting. We also believe that the socio-economic impact of reopening these mines will be positive for the region.

Mining Area The Greater TGME Mining Right extends over a total area of 9,413 Ha. The right covers the area from the farm Frankfort 509KT through Krugershoop 527KT, Van der Merwes Reef 526KT, Morgenzon 525KT to the South and then finally includes the farm Ponieskrans 543KT. Ponieskrans is the farm on which the mining town of Pilgrims Rest was established in 1892. TGME was also established on this farm when numerous smaller mining concessions where consolidated at the turn of the 19th century. There are sixteen (16) historic mines in the mining area covered by the Greater TGME Mining Right of which four (4) are being evaluated and earmarked for recommissioning in the near future. One of these mines is the Beta Mine for which a concept study undertaken by Minxcon yielded an Internal Rate of Return of 709%. Execution of Other Mining Rights The Glynns Lydenburg Mining Right (MP MR 433) which was granted earlier this year to Sabie Mines is due for execution before the end of the year. Thereafter, the remaining two (2) mining rights granted but not executed, namely the Beta Mining Right and the Pilgrims Trend Deposits Mining Right will be consolidated into the Greater TGME Mining Right (MR 83) through a Section 102 process allowed for in the Mineral Petroleum and Resources Development Act of South Africa. This action then allows at least another six (6) mines to be recommissioned. Stonewall Minings third subsidiary, Bosveld Mines, has also been awarded the conversion of an Old Order to New Order Mining Right earlier this year. Execution of this New Order Right is eminent. ABOUT STONEWALL RESOURCES LIMITED Stonewall Resources Limited (ASX: SWJ) is a gold mining company making the transition from explorer to producer. The Company holds a range of prospective gold assets, most of which are located in the worldrenowned South African gold mining regions. These South African assets, which include several surface and near-surface gold mineralisations, provide cost advantages relative to other gold producers in the region. With significant infrastructure already in place, Stonewall is uniquely positioned to make the transition to producer through highly efficient utilization of capital and within short lead times. Stonewalls three key projects are the TGME Project, located around the towns of Pilgrims Rest and Sabie in the Mpumalanga Province of South Africa (one of South Africas oldest gold mining districts), the Bosveld Project, located in South Africas KwaZulu-Natal Province, and the Lucky Draw Project, located in Australia, near the township of Burraga in New South Wales. Stonewall owns 74% of TGME, Sabie Mines and Bosveld Mines. The Companys exploration program is designed to identify additional potential Mineral Resources to establish long-term mining plans. Stonewall is currently processing gold from two underground mines at TGME and a tailings operation at Bosveld Projects, from which it is earning revenue and aims to introduce two additional near term production targets during 2013. For more information please visit: www.stonewallresources.com

For further information please contact: Trevor Fourie, Director Stonewall Resources Limited E: trevor@stonewallresources.com On behalf of the Board Rod North, Managing Director Bourse Communications Pty Ltd T: (03) 9510 8309 M: 0408 670 706 E: rod@boursecommunications.com.au

Peter Hunt Company Secretary

Competent Persons Statement The information in this Presentation that relates to Exploration Results, Mineral Resources or Ore Reserves is based on information compiled by Charles Muller, who is a Member or Fellow of the South African Council for Natural Scientific Professions, which is a Recognised Overseas Professional Organisation (ROPO) included in a list promulgated by the ASX from time to time. Charles Muller is employed by Minxcon and h as sufficient experience which is relevant to the style of mineralization and type of deposit under consideration and to the activity which he is undertaking to qualify as a Competent Person as defined in the 2004 Edition of the Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves. Charles Muller consents to the inclusion in this Presentation of the matters based on his information in the form and context in which it appears. Forward looking statements Statements in this announcement regarding the Companys plans with respect to its mineral properties are or may be forward -looking statements. There can be no assurance that the plans for development of its mineral properties will proceed as currently expected. There can also be no assurance that the Company will be able to convert Inferred resources to Indicated resources or Indicated resources to Measured resources, that any mineralisation will prove to be economic, or that a mine will successfully be developed at any of the Companys min eral properties. The potential quantity and grade of exploration targets is conceptual in nature at this stage as there has been insufficient exploration to define a Mineral Resource quantity under the JORC code. Further, it is uncertain if future exploration will result in the determination of a Mineral Resource.