TOWER RESOURCES PLC — Audit Report / Information 2014

Sep 11, 2014

KPMG LLP 205-5th Avenue SW Suite 3100, Bow Valley Square 2 Calgary AB T2P 4B9

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Independent Auditors' Report on Review of Interim Financial Information

To the shareholders of Wentworth Resources Limited

Introduction

We have reviewed the accompanying condensed consolidated interim statement of financial position of Wentworth Resources Limited as at June 30, 2014, the condensed consolidated interim statements of comprehensive loss and cash flows for the three and six-month periods ended June 30, 2014 and 2013, and condensed consolidated statement of changes in equity for the six-month periods ended June 30, 2014 and 2013, and notes to the condensed consolidated interim financial statements ("the condensed consolidated interim financial statements"). Management is responsible for the preparation and presentation of these condensed consolidated interim financial statements in accordance with IAS 34, 'Interim Financial Reporting'. Our responsibility is to express a conclusion on these condensed consolidated interim financial statements based on our review.

Scope of Review

We conducted our review in accordance with the International Standard on Review Engagements 2410, "Review of Interim Financial Information Performed by the Independent Auditor of the Entity". A review of interim financial statements consists of making inquiries, primarily of persons responsible for financial and accounting matters, and applying analytical and other review procedures. A review is substantially less in scope than an audit conducted in accordance with International Standards on Auditing and consequently does not enable us to obtain assurance that we would become aware of all significant matters that might be identified in an audit. Accordingly, we do not express an audit opinion.

Conclusion

Based on our review, nothing has come to our attention that causes us to believe that the accompanying condensed consolidated interim financial statements as at June 30, 2014, are not prepared, in all material respects, in accordance with IAS 34, 'Interim Financial Reporting'.

Emphasis of Matter

Without modifying our conclusion, we draw attention to Note 2 in the condensed consolidated financial statements, which describes that there is no certainty that Wentworth Resources Limited will be able to obtain the financing required to meet its ongoing commitments for exploration and development programs. This condition, as described in Note 2, indicates the existence of a material uncertainty that may cast significant doubt about Wentworth Resources Limited's ability to continue as a going concern.

Chartered Accountants

August 18, 2014 Calgary Canada

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