Deutsche Rohstoff Ag announces current project progress

Deutsche Rohstoff AG announces current project progress

Heidelberg. The following report will provide an update of the latest
developments within the subsidiaries of Deutsche Rohstoff AG:

Gold
Deutsche Rohstoff Australia Pty Ltd, Georgetown Goldmine
(Amount of Holding 100%)

A private company seeking to acquire the Georgetown Gold Project has been
undertaking a due diligence since mid-June. The potential buyer paid a
non-refundable deposit of AUD 250,000 (EUR 200,000), to conduct its project
review until mid-August.

The company has now requested an extension of the review period by four
weeks to mid-September, since it is still awaiting a final report by one of
it's consultants. Deutsche Rohstoff AG has agreed to this request and
expects the due diligence and subsequent sale agreement to be completed by
mid-September. An additional non-refundable deposit of AUD 250,000 has been
paid for the granted extension.

Oil and Gas
Tekton Energy LLC (63%)

Tekton Energy has drilled nine wells to date in the Wattenberg project area
in Colorado, USA. All wells were successful. The first three wells drilled
(Rancho) have been in production since April, the second group of wells
(Pavistma) since late May. The start of production of the final group of
wells (Frye Farms) was scheduled in early July, but has been slightly
delayed.

Due to technical problems the production of Pavistma wells dropped by some
extent. These problems were solved during the course of July. After this
revision the production rates of the holes were at about 50 barrels of oil
equivalent per well per day, which is above expectations. In June/July, the
Rancho holes produced up to 54 barrels of oil equivalent per well per day,
which is well above expectations in the fourth month of production. The
connection of the Frye Farm wells will follow this week.

Furthermore Tekton performed a 3-D seismic survey in July to prepare for
horizontal drilling. The seismic investigations have been completed
successfully in late July. The data is currently being processed.

Tungsten, Molybdenum
Wolfram Camp Mining Pty Ltd and Bamford Hill (je 100%)

Wolfram Camp delivered its first container of WO3 concentrate to the
off-taker, Global Tungsten, in February. By mid-May WCM commenced shipments
of concentrates on a 14-day cycle. Daily production has been increased
steadily since mid-may. Until end of June daily production was at
approximately 1.5 tons, which corresponds to a monthly revenue of
approximately AUD 1.0 million (EUR 800,000). As a result of continuous
process optimisation, further potential for improvement has been identified
and should be finalised by October. The throughput capacity of the
processing plant will then result in achieving targeted production. On 10
July 2012 the official mine opening ceremony was held at Wolfram Camp.

The company has also reviewed the onsite results of the ore sorter trials
and is extremely pleased that a significant increase in grade is achieved
resulting in a higher feed grade to the process plant. Wolfram Camp Mining
has therefore ordered a unit from the Germany based manufacturer Steinert.
Until delivery, which is expected in January/ February 2013, hired
equipment from Steinert is available and will remain on site.

Tin
Tin International Ltd. (61%)

Tin International's operating subsidiary Sachsenzinn GmbH has successfully
completed a drilling program in the two license areas of Geyer and
Gottesberg in April. The publication of the resource estimates according to
the Australian JORC standard is planned for the next few weeks. The
preparations for the planned initial public offering (IPO) of Tin
International at the Australian ASX in fall have also been started and are
currently on schedule. At present Tin International will be going public in
late October.

Rare Earth Elements
Seltenerden Storkwitz AG (61%)

The confirmatory drilling reached the planned total depth in mid-July, at
almost 700 meters. It was used to convert the historic resource estimate in
the modern, internationally accepted JORC standard. All core samples were
sent off to the contracted laboratory. The results will probably be
available by late September.

Heidelberg, 14 August 2012

Deutsche Rohstoff AG (Heidelberg, Germany), listed in the Entry Standard
segment of Frankfurt Stock Exchange, is establishing a new primary
producer. The company's focus is placed on gold, oil & gas and so called
high tech metals such as tin, tungsten, and rare earth metals. All projects
are located in countries marked by political stability, the core area being
Germany. The business concept is based on redeveloping deposits, which have
been well explored in the past. For more information please visit
www.rohstoff.de.

Contact:

Thomas Gutschlag
+49 6221 871 000
gutschlag@rohstoff.de


End of Corporate News

Unternehmen: Deutsche Rohstoff AG - ISIN: DE000A0XYG76