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Last updated on April 21, 2014 at 9:25 EDT

Golden Queen Receives Notice of Compliance from Kern County Planning and Community Development

July 12, 2012

VANCOUVER, July 12, 2012 /PRNewswire/ – Golden Queen Mining Co. Ltd. (TSX:GQM) is pleased to announce that the Kern County Planning and Community
Development Department (“Kern County”) has approved the additional
information submitted by the Company in regards to Condition 107 of the
Conditional Use Permits for the Company’s Soledad Mountain Project.

Under Condition 107 of the Conditional Use Permits, the Company was
required to submit, prior to the commencement of mining, additional
information relating to closure and closing reclamation.  The Company
submitted the required information to Kern County on November 28, 2011
and June 8, 2012.  In accordance with the Surface Mining and
Reclamation Act of 1975, Kern County consulted the State Department of
Conservation/Office of Mine Reclamation (“OMR”).  The OMR confirmed in
a letter to Kern County dated June 29, 2012 that the additional
information provided by the Company adequately demonstrated compliance
with Condition 107.

The County also reviewed Resolutions 169-10, 170-10 AND 171-10, (i.e.
the Conditional Use Permits which were approved by the Kern County
Planning Commission in April 2010), to determine if any conditions
remain outstanding that would preclude the Company from initiating
mining activities under the approved surface mining and reclamation
plan.  County staff determined that one condition remained that relates
to work on the access road to site.  County staff also reminded the
Company of the requirement to obtain additional permits such as
building permits for the Project.  The Company will address these
conditions as it proceeds with construction planning and
implementation.

Golden Queen Mining Co. Ltd. is focused on developing its wholly-owned,
gold-silver, heap leach project, referred to as the Soledad Mountain
Project, located just outside the town of Mojave in Kern County in
southern California.

Information on Golden Queen Mining Co. Ltd. is available on the SEDAR
web site at www.sedar.com and on the Company’s website at www.goldenqueen.com.

THE TORONTO STOCK EXCHANGE HAS NOT REVIEWED AND DOES NOT ACCEPT
RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THE CONTENT OF THIS
PRESS RELEASE.

Cautionary Note and Forward Looking Statements

The information in this press release includes certain “forward-looking
statements”. All statements, other than statements of historical fact,
included herein including, without limitation, plans for and intentions
with respect to the Company’s properties, statements regarding
intentions with respect to obligations due for various projects,
statements regarding expected regulatory action or positions,
permitting, commencement of mining and similar information are
forward-looking statements. There can be no assurance that such
statements will prove to be accurate, and actual results and future
events could differ materially from those anticipated in such
statements. Important factors that could influence placing the project
into production include uncertainties involving the availability of
project financing in the debt and capital markets; uncertainties
involved in the interpretation of the estimation of reserves and
resources; risks of construction and mining projects such as accidents,
equipment breakdowns, non-compliance with environmental and permit
requirements, unanticipated variation in ore grades or recovery rates;
unexpected cost increases; fluctuations in metal prices and currency
exchange rates, changes in mining laws, additional regulatory
requirements in connection with mining permits, and other risks and
uncertainties disclosed in Golden Queen’s Annual Report on Form 10-K
for the year ended December 31, 2011, filed with U.S. and Canadian
securities regulatory authorities and in other reports and documents
filed with applicable securities regulatory authorities from time to
time. These forward looking statements reflect the beliefs, opinions
and projections on the date the statements are made. Forward looking
statements are based on numerous assumptions and are subject to all of
the risks and uncertainties inherent in Golden Queen’s business,
including risks inherent in mineral exploration and development.
Investors are cautioned that forward-looking statements are not
guarantees of future performance and, accordingly, should not to put
undue reliance on forward-looking statements.

SOURCE Golden Queen Mining Co. Ltd.


Source: PR Newswire