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Monday, May 26, 2014

(MKTW) Mkango Resources Announces 8 Million Rand (C$835,000) Grant from the South African Department of Trade and Industry - WSJ.com

(MKTW) Mkango Resources Announces 8 Million Rand (C$835,000) Grant from the South African Department of Trade and Industry - WSJ.com: "Mkango Resources Announces 8 Million Rand (C$835,000) Grant from the South African Department of Trade and Industry

CALGARY, ALBERTA--(Marketwired - May 26, 2014) - Mkango Resources Ltd. (TSX VENTURE:MKA) (the "Corporation" or "Mkango") is pleased to announce that the South African Department of Trade and Industry (DTI) has approved a grant of R7,967,804 (Cdn$835,000) to the Company under its Capital Projects Feasibility Programme. The grant will be dispersed to the Company between June 2014 and March 2015 as the Company meets certain milestones in relation to a number of activities including environmental and social impact studies, mine planning, design of the processing plant and tailings storage facility, flotation and hydrometallurgical optimisation and marketing studies. Mkango previously appointed the following groups to complete these various aspects of the project:"



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