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TORONTO, ONTARIO -- (Marketwire) -- 02/27/13 -- African Gold Group, Inc., (TSX VENTURE: AGG) ("AGG" or the "Company") is pleased to report the analytical results for 20 near surface (oxide), reverse circulation (RC) step out drill holes, from the Company's Kobada, Mali gold project.
Near Surface (Oxide) Drill Highlights From Northern Step Out RC Holes Include:
KBRC12-010: 52 m @ 1.28 g/t Au, ended in mineralizationKBRC12-012: 41 m @ 1.04 g/t Au, ended in mineralizationKBRC12-013: 85 m @ 1.13 g/t AuKBRC12-014: 107 m @ 1.21 g/t Au, ended in mineralizationKBRC12-015: 43 m @ 1.39 g/t Au, ended in mineralizationKBRC12-016: 75 m @ 1.92 g/t Au & 68 m @ 0.96 g/t Au, ended in mineralizationKBRC12-017: 109 m @ 0.81 g/t AuKBRC12-018: 56 m @ 1.21 g/t Au, ended in mineralizationKBRC12-020: 146 m @ 1.13 g/t Au, ended in mineralization
The assay results detailing mineralized intercepts for the 20 near surface (oxide) northern step out RC holes are listed in Table 1 below:
TABLE 1----------------------------------------------------------------------------Section Hole ID From To Length Au EOH Degrees Hole Objective (m) (m) (m) (g/t) (m) (tn)----------------------------------------------------------------------------850S KBRC12-009 15.00 39.00 24.00 1.20 Infill Zone 1 North extension850S including 20.00 21.00 1.00 10.51850S KBRC12-009 48.00 66.00 18.00 1.02850S KBRC12-009 104.00 153.00 49.00 0.51 Hole end in mineralization----------------------------------------------------------------------------850S KBRC12-010 2.00 19.00 17.00 0.58 147 200 Infill Zone 1 North extension850S KBRC12-010 28.00 48.00 20.00 0.68850S KBRC12-010 95.00 147.00 52.00 1.28 Hole end in mineralization----------------------------------------------------------------------------850S KBRC12-011 0.00 5.00 5.00 0.51 128 200 Infill Zone 1 North extension850S KBRC12-011 15.00 18.00 3.00 0.32850S KBRC12-011 28.00 39.00 11.00 0.57850S KBRC12-011 49.00 52.00 3.00 0.75850S KBRC12-011 86.00 89.00 3.00 0.30850S KBRC12-011 97.00 108.00 11.00 0.36850S KBRC12-011 115.00 121.00 6.00 0.51 Hole end in mineralization----------------------------------------------------------------------------800S KBRC12-012 2.00 5.00 3.00 0.62 153 200 Infill Zone 1 North extension800S KBRC12-012 59.00 63.00 4.00 2.51800S KBRC12-012 97.00 101.00 4.00 0.38800S KBRC12-012 110.00 151.00 41.00 1.04800S Including 130.00 131.00 1.00 10.56 Hole end in mineralization----------------------------------------------------------------------------800S KBRC12-013 2.00 21.00 19.00 0.68 135 200 Infill Zone 1 North extension800S KBRC12-013 30.00 33.00 3.00 0.30800S KBRC12-013 45.00 130.00 85.00 1.13800S Including 55.00 56.00 1.00 10.15800S Including 81.00 82.00 1.00 18.11----------------------------------------------------------------------------800S KBRC12-014 2.00 18.00 16.00 0.32 153 200 Infill Zone 1 North extension800S KBRC12-014 27.00 37.00 10.00 0.30800S KBRC12-014 46.00 153.00 107.00 1.21800S Including 58.00 59.00 1.00 56.10 Hole end in mineralization----------------------------------------------------------------------------800S KBRC12-015 15.00 58.00 43.00 1.39 141 200 Infill Zone 1 North extension800S Including 16.00 17.00 1.00 10.60800S Including 19.00 20.00 1.00 11.73800S KBRC12-015 81.00 84.00 3.00 0.43800S KBRC12-015 99.00 102.00 3.00 0.62800S KBRC12-015 126.00 141.00 15.00 2.15800S Including 134.00 135.00 1.00 22.93 Hole end in mineralization----------------------------------------------------------------------------750S KBRC12-016 1.00 76.00 75.00 1.92 153 200 Infill Zone 1 North extension750S Including 15.00 16.00 1.00 22.12750S Including 27.00 28.00 1.00 17.60750S Including 54.00 55.00 1.00 12.94750S KBRC12-016 85.00 153.00 68.00 0.96 Hole end in mineralization----------------------------------------------------------------------------750S KBRC12-017 2.00 111.00 109.00 0.81 123 200 Infill Zone 1 North extension750S Including 31.00 32.00 1.00 10.99----------------------------------------------------------------------------750S KBRC12-018 11.00 67.00 56.00 1.21 105 200750S Including 17.00 18.00 1.00 13.13750S KBRC12-018 78.00 105.00 27.00 0.58 Hole end in mineralization----------------------------------------------------------------------------700S KBRC12-019 4.00 9.00 5.00 0.36 147 200 Infill Zone 1 North extension700S KBRC12-019 71.00 131.00 60.00 0.42700S KBRC12-019 140.00 143.00 3.00 0.35----------------------------------------------------------------------------700S KBRC12-020 2.00 148.00 146.00 1.13 153 200 Infill Zone 1 North extension700S Including 42.00 43.00 1.00 10.07700S Including 103.00 104.00 1.00 10.61700S Including 126.00 127.00 1.00 18.52700S Including 128.00 129.00 1.00 10.29 Hole end in mineralization----------------------------------------------------------------------------700S KBRC12-021 10.00 15.00 5.00 0.51 111 200 Infill Zone 1 North extension700S KBRC12-021 38.00 75.00 37.00 0.46----------------------------------------------------------------------------700S KBRC12-022 10.00 15.00 5.00 0.55 147 200 Infill Zone 1 North extension700S KBRC12-022 49.00 54.00 5.00 1.09700S KBRC12-022 74.00 97.00 23.00 0.58700S KBRC12-022 110.00 147.00 37.00 0.67 Hole end in mineralization----------------------------------------------------------------------------650S KBRC12-023 2.00 39.00 37.00 0.47 135 200 Infill Zone 1 North extension650S KBRC12-023 72.00 75.00 3.00 0.30650S KBRC12-023 118.00 134.00 16.00 0.41----------------------------------------------------------------------------650S KBRC12-024 4.00 7.00 3.00 0.35 147 200 Infill Zone 1 North extension650S KBRC12-024 25.00 53.00 28.00 0.67650S KBRC12-024 67.00 143.00 76.00 0.48----------------------------------------------------------------------------650S KBRC12-025 7.00 19.00 12.00 0.41 139 200 Infill Zone 1 North extension650S KBRC12-025 33.00 103.00 70.00 0.47650S KBRC12-025 114.00 117.00 3.00 0.50650S KBRC12-025 134.00 138.00 4.00 0.51----------------------------------------------------------------------------650S KBRC12-026 2.00 11.00 9.00 0.78 147 200 Infill Zone 1 North extension650S KBRC12-026 24.00 97.00 73.00 0.40650S KBRC12-026 127.00 130.00 3.00 0.95----------------------------------------------------------------------------600S KBRC12-027 10.00 13.00 3.00 0.85 153 200 Infill Zone 1 North extension600S KBRC12-027 59.00 62.00 3.00 0.30600S KBRC12-027 75.00 139.00 64.00 0.53----------------------------------------------------------------------------600S KBRC12-028 9.00 17.00 8.00 0.54 153 200 Infill Zone 1 North extension600S KBRC12-028 25.00 71.00 46.00 0.66600S KBRC12-028 84.00 136.00 52.00 0.66600S KBRC12-028 145.00 153.00 8.00 0.52 Hole end in mineralization----------------------------------------------------------------------------600S KBRC12-029 5.00 12.00 7.00 0.43 150 200 Infill Zone 1 North extension600S KBRC12-029 55.00 62.00 7.00 0.91600S KBRC12-029 78.00 148.00 70.00 0.70 Infill Zone 1 North extension600S including 135.00 136.00 1.00 11.720 Infill Zone 1 North extension----------------------------------------------------------------------------1. Significant drilled intercepts have a minimum length of 3m at 0.3 g/t or the product "Length X Grade" greater than 0.9 g.m/t. Intercepts are drilled lengths and may not be true width within a structure dipping 70 degrees to 80 degrees2. Up to 7 m of horizontal "waste" included within mineralized intercept
