MKA Mkango Resources Ltd

Mkango Resources Ltd. (TSX VENTURE:MKA) (the "Corporation" or "Mkango") is
pleased to announce that it has entered into an investor relations consulting
agreement, effective June 16, 2011, with San Diego Torrey Hills Capital, Inc
("Torrey Hills").


California-based Torrey Hills is a corporate finance and investor relations
advisory firm specializing in the development of emerging growth companies, with
operations in Del Mar, California and Boston, Massachusetts. They represent
privately-held and publicly-traded companies throughout the United States and
Canada.


The services provided by Torrey Hills encompass building and maintaining an
informed investor audience for the Corporation for distribution of press
releases and company updates, increasing awareness about the Corporation through
access to established relationships with investment professionals and
co-ordinating conference calls and scheduling road show meetings.


Torrey Hills' agreement provides for a monthly consulting fee of US$7,500 and
the issuance of 150,000 incentive stock options exercisable for a three-year
period at a strike price of C$0.65 per share. The options are subject to the
approval of the TSX Venture Exchange and are subject to the Corporation's
incentive stock option plan. The options will vest according to the following
schedule: 25% immediately; 25% at the three month anniversary of the signing of
the agreement; 25% at the six month anniversary of the signing of the agreement;
and 25% at the nine month anniversary of the signing of the agreement. The
investor relations agreement is for an initial term of one year, with a
thirty-day notice of termination provision at any time by either party. If the
agreement is terminated by either party within six months from the data of
signing, Torrey Hills will return the options (whether vested or not) on a pro
rata basis over the twelve month period.


Mkango Resources Ltd.

Mkango's primary business is the exploration for rare earth elements and
associated minerals in the Republic of Malawi. It holds, through its wholly
owned subsidiary Lancaster, a 100% interest in two exclusive prospecting
licenses covering a combined area of 1,751 km2 in southern Malawi. The main
exploration target is the Songwe Hill rare earth deposit, which features
carbonatite hosted rare earth mineralization and was subject to previous
exploration programs in the late 1980s. 


The Corporation's corporate strategy is to further delineate the rare earth
mineralization at Songwe Hill and secure additional rare earth element and other
mineral opportunities in Malawi and elsewhere in Africa.


Cautionary Note Regarding Forward-Looking Statements 

This news release may contain forward-looking statements relating to the
Corporation. Readers are cautioned not to place undue reliance on
forward-looking statements, as there can be no assurance that the plans,
intentions or expectations upon which they are based will occur. By their
nature, forward-looking statements involve numerous assumptions, known and
unknown risks and uncertainties, both general and specific, that contribute to
the possibility that the predictions, forecasts, projections and other
forward-looking statements will not occur, which may cause actual performance
and results in future periods to differ materially from any estimates or
projections of future performance or results expressed or implied by such
forward-looking statements. 


The forward-looking statements contained in this press release are made as of
the date of this press release. Except as required by law, the Corporation
disclaims any intention and assume no obligation to update or revise any
forward-looking statements, whether as a result of new information, future
events or otherwise, except as required by applicable securities law.
Additionally, the Corporation undertakes no obligation to comment on the
expectations of, or statements made, by third parties in respect of the matters
discussed above.


The TSX Venture Exchange has neither approved nor disapproved the contents of
this press release.

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