Update on Progress at Tschudi Copper Mine

30th January 2015

Weatherly International Plc

("Weatherly" or "the Company")

Update on Progress at Tschudi Copper Mine

Plant Ahead of Schedule

Weatherly International Plc (AIM: WTI) today announces an update on progress at its Tschudi copper mining project in Namibia, which is ahead of schedule and first copper is forecast to be produced in February 2015.

Highlights

· Over 80,000 tonnes of ore has been stacked and the first seven cells are being irrigated with sulphuric acid.

· The Crushing and Agglomeration plant is now in full operation and achieving the desired throughput rates and required agglomerate quality under full throughput.

· The Solvent Extraction plant is in the process of being filled with diluent.

· Anodes are currently being loaded into the Electro-winnning cells, with cathodes to follow.

· Both the Solvent Extraction and the Electro-Winning plant will be completed within the coming week, ready to begin plating copper.

Rod Webster, CEO, said:

"The project is well ahead of its original schedule, with first copper expected next month. The crushing and processing plant is now in full operation and functioning effectively. We are using a proven technology to extract high grade copper in a low cost operation."

The Chairman, John Bryant, said:

"The Tschudi team has taken great strides forward over the last few weeks in delivering the project ahead of schedule and on budget. Tschudi, once in operation, will deliver significant benefit to our shareholders."

For further information please contact:

 Weatherly International Plc +44 (0) 20 7917 2989

Rod Webster, CEOKevin Ellis, CFO & Company Secretary

RFC Ambrian Limited (Nominated Adviser & Broker) +44 (0) 20 3440 6800

Samantha Harrison

John van Eeghen

Finncap (Joint Broker) +44(0)207 220 0514

Matthew RobinsonChris Raggett

 Blytheweigh (Financial PR/IR) +44(0)2071383204

Tim Blythe Halimah Hussain

About Weatherly

Weatherly is an AIM listed copper mining company operating in Namibia in southern Africa. Its principal asset is the large open pit development called Tschudi scheduled to come on stream in the first quarter of calendar year 2015 and it also has two underground copper mines, Otjihase and Matchless. 

These assets will enable Weatherly to achieve its medium term goal of establishing a mining business capable of sustaining approximately 25,000 tonnes per annum of copper production.

The Company also has a 25% stake in AIM listed China Africa Resources Plc (CAF), which is developing a lead/zinc mine called Berg Aukas also in Namibia.