Environmental Clearance for Namib Lead Zinc Mine

North River Resources plc / Ticker: NRRP / Index: AIM / Sector: Mining

30 July 2014

North River Resources plc ('North River' or 'the Company')

Environmental Clearance for Namib Lead Zinc Mine and Operational Update

North River is pleased to announce that it has been granted environmental clearance for its Environmental Assessment and Environmental Management Plan for the proposed re-commissioning of its Namib Lead Zinc Mine in Namibia. The clearance was granted by the Ministry of Environment and Tourism of the Republic of Namibia.

The Company has recently engaged CSA Global (UK) Ltd (CSA) and Bara Consulting (Bara) to elevate its Mine Development Plan (MDP), released on 30 June 2014, to a full Feasibility Study. The process will involve a new resource estimate prepared by CSA, verification and mine design work by Bara which will update the MDP to provide reserves and a feasibility study. The Company has also commissioned a magnetic separation study, and lock-cycle testing from a diversified sample of recently-drilled core, to optimise the metallurgy of the project.

Martin French, Managing Director of North River Resources said "Environmental clearance is a major milestone, and is a prerequisite for the granting of a Mining Licence for Namib. Detailed implementation planning and site preparation is also underway at Namib. Site offices are being installed and heavy equipment procurement is being evaluated. We are pleased with the project progress."

**ENDS**

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