Appendix 4G

28 March 2019

MOD Resources Limited

("MOD" or the "Company")

Corporate Governance Statement

MOD Resources Ltd, (ASX/LSE: MOD) is pleased to advise that in accordance with the Listing Rules on the Australian Securities Exchange, the Company issued an Appendix 4G Corporate Governance Council Principles and Recommendations disclosure and its Corporate Governance Statement (2018 Edition).

These documents can be located at: www.modresources.com.au/announcements.

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For and on behalf of the Board.

Subscribe at: www.modresources.com.au

About MOD Resources

MOD Resources is a dual listed (ASX/LSE: MOD) copper exploration and development company with a dominant land position within the Kalahari Copper Belt in Botswana. The Company is focussed on the 100% MOD owned T3 Copper Project, expecting to release a Feasibility Study in the first quarter of 2019. In parallel with the development of the T3 Copper Project, MOD continues its exploration program across several priority drill targets and within untested areas of interesting and potentially significant Cu-Zn soil anomalies.

The Company is advancing discussions with interested parties in relation to T3 funding opportunities and is targeting to begin development of the T3 Copper Project in 2H 2019, with a vision of commencing production in the mid-term while focussing on generating strong, consistent and predictable returns for shareholders.

MOD has a strong social licence to operate within Botswana as well as within the host community of Ghanzi. MOD will continue to work collaboratively with regulators and members of the Ghanzi District to ensure that any social investments and developments are targeted to create a positive and lasting legacy.