ZAMBEZI RESOURCES LIMITED ARBN: 124 462 826 MAIL: PO Box 1796, West Perth WA 6872 Australia EMAIL: [email protected] www.zambeziresources.com ASX Announcement 4 August 2014 Large Scale Mining Licence Issued for Mpande Limestone Project Zambezi Resources Limited (“Zambezi” or “the Company”) (ASX: ZRL), is pleased to announce that the application by its subsidiary Mpande Limestone Limited for a Large Scale Mining Licence, Number 18703-HQ-LML with respect to its limestone project in Kafue District of Lusaka Province, has been approved by the Minister of Mines, Energy and Water Development for a period of twenty five (25) years. The grant to Mpande Limestone Limited of the Large Scale Mining Licence follows approval of its Environmental Impact Study approval by the Zambia Environmental Management Agency (“ZEMA”) as announced on 20 June 2014. Zambezi Chairman David Vilensky said “With all permits in place following a lengthy process the Joint Venture now has the green light from the Zambian Government to pursue the process of extracting value from the project for the benefit of all stakeholders.” BERMUDA CANON’S COURT 22 VICTORIA STREET HAMILTON HM12 ZAMBIA PLOT 5697 BEU CRESCENT KALUNDU LUSAKA TEL: +260 211 292 128 AUSTRALIA Grd Floor, 20 Kings Park Road WEST PERTH, WA AUSTRALIA 6005 TEL: +61 8 6555 1879 FAX: +61 8 9398 4104 ASX Announcement Mpande Limestone Project Background The Mpande Limestone Project is the subject of a 50/50 Joint Venture between Mpande Limestone Limited (“MLL”), a wholly owned subsidiary of Mwembeshi Resources Limited, (which is wholly owned by ZRL), and Limestone Ventures Pty Ltd. The aim of the Joint Venture is to develop and facilitate a cement and quick/hydrated lime facility within its 106.4 km2 mining licence area 18703-HQ-LML, in Kafue District, Lusaka Province of Zambia. Drilling results from the Mpande Limestone Project confirm a large limestone deposit of high quality material and suitable for lime/cement production. On 15 February 2013, MLL applied for a Large Scale Mining Licence which has now been granted following the approval of its Environmental Impact Study by ZEMA on 20 June 2014. MINING LICENCE 18703-HQ-LML -ENDZambezi Resources Limited Frank Vanspeybroeck Managing Director Tel: +61 8 6555 1879 ZRL: Large Scale Mining Licence Issued to Mpande Limestone Limited | 2
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