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Minbos Resources Ltd, Upgrade for the Cabinda Licences in Angola Announced

HIGHLIGHTS:

-  Measured Resource of 5.0Mt at 23.0% P2O5 reported for Cacata;
-  Cacata grade increases by 4.1%;
-  Mongo Tando tonnes increase by 91.8Mt or 78.5% and an Indicated Resource of 24.8Mt at 11.5% P2O5 reported;
-  Cabinda tonnes overall increase by 87.2Mt or 28.7%;
-  Cabinda contained Phosphate increase of 4.1% overall;
-  Resources reported according to JORC Code 2012 Edition;
-  Upgrade includes structural re-interpretation and uniform cut off grades of 5% for each project.

Minbos Resources Limited ("Minbos" or "Company") (ASX:MNB) is pleased to announce its latest resource upgrade for the Cabinda Project in Angola and an increase in total resource tonnes to 391.3Mt, an increase of 28.7% over the full Cabinda Resources reported in December 2011.


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