African Gold Group, Inc., ("AGG" or the "Company") is pleased to report the final results for the bulk sampling program at its wholly-owned Kobada Gold Project in Mali, West Africa. The program was designed to emulate the Kobada deposit from surface through to bedrock.

HIGHLIGHTS

  • Average bulk sample gold grade was 63% higher than assay data from the same drill hole intervals;
  • Considering bulk sample data above a 0.4 g/t Au cutoff grade indicated that gold content was 76% greater than that provided from the assay data over the same drill hole intervals; and
  • These results demonstrate that drill hole data alone is likely to under estimate gold content for the Kobada resource. Once a mining operation is established at Kobada, this trend is likely to result in positive reconciliations between resource estimates and actual gold production.
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