Mozambi Resources Ltd.: Appointment of Director - Mr Alwyn Vorster

Melbourne - Mozambi Resources Ltd. (ASX:MOZ) the Tanzanian-focussed graphite developer, is pleased to announce the appointment of Mr Alwyn Vorster as an independent Non-Executive Director, effective 1 April 2016.


Highlights:

- 25 years mining industry experience

- Highly qualified including Mining and Business degrees, MBA

- Recent roles with Aquila/AMCI JV, Iron Ore Holdings and Rio Tinto

- A highly decorated career with many key milestone achievements


Appointment of Mr Alwyn Vorster

Mr Vorster is a highly regarded mining professional who has more than 25 years' experience working with numerous large and smaller mining companies in technical and commercial roles covering the total supply chain from geology, mining, rail & port, shipping, and marketing & sales.

He is currently the CEO of API Management, an Aquila/AMCI joint venture company tasked with advancing the multi-billion dollar West Pilbara Iron Ore Project, and also has managerial responsibility for three mineral projects in southern Africa.

Alwyn's recent other positions included CEO of Iron Ore Holdings Ltd (IOH) where he managed multiple feasibility studies, successfully concluded a friendly corporate takeover and multiple royalty and divestment transactions; and as Regional Manager - China Marketing & Sales for Rio Tinto Iron Ore.

The Chairman of MOZ, Mr Stephen Hunt, said Mozambi has built a substantial Mineral Resource position in the last year, and the Company will now focus on the development and commercialisation of its Tanzanian graphite asset, commencing with the completion of the Pre-Feasibility Study (PFS). He expressed the Board's satisfaction at attracting a candidate of Mr Vorster's calibre and experience. Mr Hunt added:

"We are delighted to have secured Alwyn as a board member. He brings important new skills and balance to the Mozambi Board including a wealth of project development, transactional and company risk management experience at a crucial stage of the Company's lifecycle. As independent non-executive director, he will serve as chairperson of the Board's Project Development Subcommittee, tasked to ensure achievement of high quality PFS and DFS deliverables, project schedule and project budget results."

Alwyn has enjoyed a decorated career which has included key milestones including named the prestigious "Dealer of the Year" at the 2013 Diggers & Dealers Conference after achieving significant value uplift to cost base across four IOH project assets. He has also, as CEO, overseen the successful completion of two significant PFS and two DFS project studies.

Alwyn is an executive committee member of the Australia China Business Council, a member of the Australian Institute of Company Directors, and a board member of the RSPCA WA.

With Mr Stephen Hunt assuming the role of Executive Chairman, Mr Alan Armstrong will move to a Non-Executive Director role and provide day to day administrative and management services; and support the development and completion of the PFS.


About Mozambi Resources Ltd:

Mozambi Resources Ltd. (ASX:MOZ) is a graphite exploration company listed on the Australian Stock Exchange under the ASX code MOZ. The Company is focused on the exploration and development of the Jumbo Flake Namangale graphite project in Tanzania which has the potential to add to value for shareholders.

The Namangale Project is one of the largest graphite deposit in Tanzania containing a JORC compliant Inferred Resource of 179Mt @ 5.1% TGC. The project is exceptionally well located in South Eastern Tanzania being 140km from a deep-water port and 10km from sealed roads. Mineralisation at the three drilled deposits, occurs from surface and remains open in all directions. After the completion of this the recent capital raising the Company is now fully funded to complete the Pre-Feasibility Study into commencing production of high quality flake graphite targeting the rapidly expanding lithium-ion battery market. Mozambi has established a dominant tenement position in this extremely well located graphite rich part of Tanzania.



Contact:

Stephen Hunt
Mozambi Resources Ltd.
Executive Chairman
TEL: +61-3-9614-0600
FAX: +61-3-9614-0550