MKA.V · 2020-02-03 12:00:00

Mkango Files Revised NI 43-101 Technical Report With Canadian Regulators

Resource Estimates Technical Reports (NI 43-101)

LONDON and VANCOUVER, British Columbia, Feb. 03, 2020 -- In response to certain questions from the British Columbia

Securities Commission (the “BSCS”), Mkango Resources Ltd. (AIM/TSX-V: MKA) (the "Company") has today filed a revised NI

43-101 Report (the “Revised Report”) for the Songwe Hill Rare Earths Project in Malawi.

As requested by the BSCS, the Revised Report includes a discussion of the parameters used to establish the cut-off grade

and any other factors the Qualified Person considered in determining reasonable prospects for eventual economic extraction,

as well as certain clarifications in the reliance on non-experts section of the report.

The Revised Report also includes certain changes to the certificates of Qualified Persons which outline specific relevant

experience and responsibility for particular sections of the report.

There are no material differences from the results originally disclosed in the Company’s news release on February 4, 2019.

The Revised Report will be available under the Company's profile on SEDAR (www.sedar.com).

For further information on Mkango, please contact:

Mkango Resources Limited

William Dawes Alexander Lemon

Chief Executive Officer President

UK: +44 207 3722 744

Canada: +1 403 444 5979

www.mkango.ca

@MkangoResources

Blytheweigh

Financial Public Relations

Tim Blythe, Camilla Horsfall

UK: +44 207 138 3204

SP Angel Corporate

Finance LLP

Nominated Adviser and Joint

Broker

Jeff Keating, Caroline Rowe

UK: +44 20 3470 0470

Alternative Resource

Capital

Joint Broker

Alex Wood, Rob Collins

UK: +44 20 7186 9004; +44 20

7186 9001

The TSX Venture Exchange has neither approved nor disapproved the contents of this press release. Neither the TSX

Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture

Exchange) accepts responsibility for the adequacy or accuracy of this release.

This press release does not constitute an offer to sell or a solicitation of an offer to buy any equity or other securities of the

Company in the United States. The securities of the Company will not be registered under the United States Securities Act of

1933, as amended (the “U.S. Securities Act”) and may not be offered or sold within the United States to, or for the account or

benefit of, U.S. persons except in certain transactions exempt from the registration requirements of the U.S. Securities Act.