Exhibit 99.5


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|KPMG LLP                         |                         
|Chartered Accountants            |                         
|Suite 1500 Purdys Wharf Tower I |                         
|1959 Upper Water Street          | Telephone (902) 492-6000
|Halifax NS B3J 3N2               | Telefax (902) 429-1307  
|Canada                           | www.kpmg.ca             
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REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM

To the Shareholders and the Board of Directors of 
Gammon Gold Inc.

We have audited Gammon Gold Inc.s ("the Company")s internal
control over financial reporting as of December 31, 2008, based on the criteria
established in Internal ControlIntegrated Framework issued by the Committee of
Sponsoring Organizations of the Treadway Commission (COSO). The Company's
management is responsible for maintaining effective internal control over
financial reporting and for its assessment of the effectiveness of internal
control over financial reporting, included in the accompanying Managements
Discussion and Analysis. Our responsibility is to express an opinion on
the Company's internal control over financial reporting based on our audit.

We conducted our audit in accordance with the standards of
the Public Company Accounting Oversight Board (United States). Those standards
require that we plan and perform the audit to obtain reasonable assurance about
whether effective internal control over financial reporting was maintained in
all material respects. Our audit included obtaining an understanding of internal
control over financial reporting, assessing the risk that a material weakness
exists, and testing and evaluating the design and operating effectiveness of
internal control based on the assessed risk. Our audit also included performing
such other procedures as we considered necessary in the circumstances. We
believe that our audit provides a reasonable basis for our opinion.

A company's internal control over financial reporting is a
process designed to provide reasonable assurance regarding the reliability of
financial reporting and the preparation of financial statements for external
purposes in accordance with generally accepted accounting principles. A company's internal control over financial reporting
includes those policies and procedures that (1) pertain to the maintenance of
records that, in reasonable detail, accurately and fairly reflect the
transactions and dispositions of the assets of the company; (2) provide
reasonable assurance that transactions are recorded as necessary to permit
preparation of financial statements in accordance with generally accepted
accounting principles, and that receipts and expenditures of the company are
being made only in accordance with authorizations of management and directors of
the company; and (3) provide reasonable assurance regarding prevention or timely
detection of unauthorized acquisition, use, or disposition of the company's
assets that could have a material effect on the financial statements.

Because of its inherent limitations, internal control over
financial reporting may not prevent or detect misstatements. Also, projections
of any evaluation of effectiveness to future periods are subject to the risk
that controls may become inadequate because of changes in conditions, or that
the degree of compliance with the policies or procedures may deteriorate.

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In our opinion, the Companymaintained, in all
material respects, effective internal control over financial reporting as of
December 31, 2008, based on the criteria established in Internal
ControlIntegrated Framework issued by the Committee of Sponsoring Organizations
of the Treadway Commission (COSO).

We also have conducted our audits on the consolidated
financial statements in accordance with Canadian generally accepted auditing
standards and in accordance with the standards of the Public Company Accounting
Oversight Board (United States). Our report dated March 24, 2009 expressed an
unqualified opinion on thoseconsolidatedfinancial statements.

/s/ KPMG LLP

Chartered Accountants 
Halifax, Canada 
March 24, 2009

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