EMERALD RESOURCES NL — Capital/Financing Update 2016

Mar 29, 2016

ASX Announcement &

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Execution of Joint Venture Agreement

Renaissance Minerals Limited (ASX: RNS) (‘Renaissance’) is pleased to announce that it has executed the Joint Venture Agreement with Emerald Resources NL (‘Emerald’) in accordance with the terms of the Memorandum of Agreement announced on 3 February 2016. The Joint Venture Agreement remains conditional upon:

• Approval by the shareholders of Renaissance (meeting to be held 30 March 2016)

• Approval by the shareholders of Emerald (meeting to be held 31 March 2016)

• ASX granting Emerald conditional approval for the securities in Emerald to be reinstated to trading on the ASX following re-compliance by Emerald with Chapters 1 and 2 of the ASX Listing Rules

• Renaissance and Emerald obtaining necessary approvals and consents from the Cambodian Government

Detailed information on all aspects of Renaissance and its projects can be found on the Company’s website: www.renaissanceminerals.com.au .

Targeting large gold systems in

For further information please contact Renaissance Minerals Limited Justin Tremain, Managing Director

First mover in a new frontier

Okvau Deposit (100% owned[1] ):

PFS completed and demonstrates

Clear pathway to development

Significant resource growth

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Appendix One | Okvau Mineral Resource Estimate - July 2015

		July	2015	JORC Resource (0.6g/t gold cut-off)	JORC Resource (0.6g/t gold cut-off)
				Tonnage	Grade	Gold
				(Mt)	(g/t Au)	(Koz)
	Indicated			13.2	2.3	962
	Inferred			2.7	2.0	169
	Total			15.8Mt	2.2g/t	1,131

Competent Persons Statements

The information in this report that relates to the Mineral Resources for the Okvau Gold Deposit was prepared by International Resource Solutions Pty Ltd (Brian Wolfe), who is a consultant to the Company, who is a Member of the Australian Institute of Geoscientists (AIG), and has sufficient experience relevant to the style of mineralisation and type of deposit under consideration and to the activity which he is undertaking to qualify as a Competent Person as defined by the 2012 edition of the "Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves". Mr Wolfe consents to the inclusion of the matters based on his information in the form and context in which it appears.

The information in this report that relates to Exploration Results is based on information compiled by Mr Craig Johnson, who is an employee of the Company and who is a Member of The Australasian Institute of Geoscientists. Mr Craig Johnson has sufficient experience which is relevant to the style of mineralisation and type of deposits under consideration and to the activity which he is undertaking to qualify as a Competent Person as defined in the 2012 Edition of the ‘Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves’. Mr Craig Johnson consents to the inclusion in the report of the matters based on his information in the form and context in which it appears.

Reference is made to the Company’s ASX release dated 27 July 2015 titled Okvau PFS Demonstrates Compelling Project Economics. All material assumptions underpinning the production target or the forecast financial information continue to apply and have not materially changed.

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