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Mkango Resources Ltd.

03:27 PM EST - Mkango Resources Ltd. : Announced an updated mineral resource estimate for the Songwe Hill Rare Earths Project; 60% increase in total Measured and Indicated Resources to 21 million tonnes (“mt”), including first Measured Resource estimate for Songwe; Majority of the previously delineated near surface Inferred Resource upgraded to either the Measured or Indicated categories; Key objectives of 2018 drilling programme achieved, with the updated resource underpinning the ongoing feasibility study. Mkango Resources Ltd. shares V.MKA are trading unchanged at $0.15.