MKANGO INVESTOR CONFERENCE CALL

MKANGO RESOURCES LTD.

550 Burrard Street

Suite 2900

Vancouver

BC V6C 0A3

Canada

MKANGO INVESTOR CONFERENCE CALL

London / Vancouver: May 5, 2021 - Mkango Resources Ltd. (AIM/TSX-V: MKA) (the "Company" or "Mkango") is pleased to announce that, following the release of the flotation piloting results and commencement of hydrometallurgical piloting, the Company will host an investor conference call tomorrow Thursday 6th May, to discuss the release and answer questions.

Time: 2pm UK time / 9am Eastern Time, Thursday 6th May

Canada Toll Free: 1 866 378 3566UK Toll Free: 0808 109 0700USA Toll Free: 1 866 966 5335

Password: Mkango Flotation Results

For further information on Mkango, please contact:

Mkango Resources Limited

William Dawes Alexander Lemon

Chief Executive Officer President

[email protected] [email protected] 

Canada: +1 403 444 5979

www.mkango.ca

@MkangoResources

Blytheweigh

Financial Public Relations

Tim Blythe

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

UK: +44 20 7186 9004

Bacchus Capital Advisers

Strategic and Financial Adviser

Richard Allan

UK: +44 20 3848 1642

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.