Ann: Sulphide Mineralisation Intersected at Kildare Project-ZMI.AX, page-4

7 September 2016 Maiden drilling program intersects significant sulphide mineralisation at Kildare
 Initial logs# confirm shallow oxidised sulphides from 16 ñ 36m in ZB16-003 and zinc sulphides from 417 ñ 437m in ZB16-002
 Drilling continues
 Samples to be submitted in September and assays anticipated in October The Directors of Zinc of Ireland NL (ìZMIî or ìthe Companyî) are pleased to provide the following update on exploration activities at the Companyís 100%-owned Kildare Project in Ireland. To date, the Company has completed approximately 780m of its maiden drilling program at the Kildare Project. A total of three holes have now been completed and the Company expects drilling to be completed in September with assay results anticipated in October. All holes drilled to date have contained visual estimations of zinc mineralisation. Based on visual logs, hole ZB16-003 intersected a zone of approximately 20m of oxidised sulphides from 16m and ZB16-002 intersected a zone of approximately 20m of brecciated zinc-bearing sulphides from 417m (see Figure 1). The mineralisation is indicative of Mississippi Valley Type (ìMVTî) which is the target-style of the Kildare Project (see GXN Announcement dated 17 March 2016).