TORONTO, CANADA,  – African Gold Group, Inc., is pleased to report that auger drilling at Kobada, Mali has intercepted highly anomalous gold values located on Section 700S. Section 700S represents a 400 meter step-out to the north of the  43-101 inferred resource estimate that contains AGG’s Zone 1 gold deposit. The anomaly is clearly intercepted by projecting the orientation of the Zone 1 deposit 400 meters north, along strike, through Section 700S. AGG interprets the interception of the anomaly on Section 700S as escalating the potential for extending the Zone 1 deposit a further 400 meters north, along strike.

The assay results depicting the 15 auger drill holes are listed in Table 1 below:

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African Gold Group, Inc., is pleased to report the analytical results for six near surface (oxide), reverse circulation (RC), step-out drill holes, from the Company’s Kobada, Mali gold project. All six holes represent northern step out holes that were collared up to 100 meters north of the Zone 1 deposit.

Near Surface (Oxide) Drill Highlights From Northern Step-Out Holes Include:

  • KBRC11-189: 112 m @ 2.14 g/t Au, incl, 1 m @ 90.19 g/t Au, ended in mineralization
  • KBRC11-192: 88 m @ 1.66 g/t Au, incl 2 m @ 25.60 g/t Au
  • KBRC11-191: 55 m @ 0.79 g/t Au, incl 1 m @ 15.06 g/t Au
  • KBRC11-190: 42 m @ 0.96 g/t Au, incl 1 m @ 12.42 g/t Au
  • KBRC11-193: 12m @ 0.89 g/t Au, ended in mineralization

The assay results depicting the 6 near surface, (oxide) northern step-out RC holes are listed in Table 1 below:

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Dear Investors,

We wish to bring your attention to African Gold Group Inc.'s most recent press release which was prominently featured in the Financial Post, Mining News Section.

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