Mount Burgess (Botswana) Pty Ltd, a wholly-owned subsidiary of Mount Burgess Mining NL (the Company), has engaged a contractor to commence a further drilling programme at its Nxuu Deposit, on the Kihabe Project PL43/2016, in Western Ngamiland, Botswana.

The shallow basin-shaped Nxuu Deposit hosts Zinc, Lead, Silver, Vanadium and Germanium mineralisation in a totally oxidised quartz wacke formation, within a barren dolostone basin.

Estimated Drill Hole Depths

In the NE and NW Zones, 38 HQ diamond core holes and 6 PQ diamond core holes are planned, for an estimated total 1,800m, with an average depth of 41m per hole. In the SW Zone 14 HQ diamond core holes are planned, for an estimated total 800m, with an average depth of 57m per hole. All proposed drill hole depths to barren dolostone basement have been estimated based on depths of intermediary holes previously drilled.

Forward Looking Statement

This report contains forward looking statements in respect of the projects being reported on by the Company. Forward looking statements are based on beliefs, opinions, assessments and estimates based on facts and information available to management and/or professional consultants at the time they are formed or made and are, in the opinion of management and/or consultants, applied as reasonably and responsibly as possible as at the time that they are applied. Any statements in respect of Ore Reserves, Mineral Resources and zones of mineralisation may also be deemed to be forward looking statements in that they contain estimates that the Company believes have been based on reasonable assumptions with respect to the mineralisation that has been found thus far. Exploration targets are conceptual in nature and are formed from projection of the known resource dimensions along strike. The quantity and grade of an exploration target is insufficient to define a Mineral Resource.

Forward looking statements are not statements of historical fact, they are based on reasonable projections and calculations, the ultimate results or outcomes of which may differ materially from those described or incorporated in the forward-looking statements. Such differences or changes in circumstances to those described or incorporated in the forward-looking statements may arise as a consequence of the variety of risks, uncertainties and other factors relative to the exploration and mining industry and the particular properties in which the Company has an interest.

Contact:

Tel: (61 8) 9355 0123

Fax: (61 8) 9355 1484

Email: mtb@mountburgess.com

Web: www.mountburgess.com

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