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Convergent Minerals Ltd, Mt Holland Update and Quarterly Activities Report (March 2013)

HIGHLIGHTS

-  JORC gold resources at the Mt Holland Goldfield increased to 1.16M ounces, with 603,000 ounces defined in two projects - Van Uden and Blue Vein.

-  Van Uden and Blue Vein are being viewed as an early cash flow opportunity for CVG

-  Project Manager appointed to the Mt Holland Goldfield

-  Gold resources at the Van Uden Project upgraded to 5,378,000t @ 1.38 g/t Au for 238,000 ounces

-  Laterites (surficial gold) are currently being evaluated at Van Uden. These represent easily-mined surface gold deposits and are in addition to the existing resources

-  Metallurgical testwork at Van Uden is underway for both oxide and laterite potential ore

-  Open Pit mine optimization studies underway at Van Uden

-  Preliminary project Scoping Studies nearing completion.


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