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Tuesday 02nd of December 2008
Wednesday, March 19, 2008

African Gold to test multiple structures

African Gold to test multiple structures

African Gold Group, Inc., reports that the Phase II geochemical surveys at both the Assuowunu and Manso Atwere concessions, located in the Northern Asankrangwa region of Ghana, West Africa, are now completed. The programs commenced in November, 2007 and were carried out by AGG technical personnel through to February, 2008.

AGG’s consolidated Asankrangwa land holdings comprise 5 contiguous concessions that collectively encompass 456.2 sq. km of ground, representing 94% of the active exploration ground contained within the Northern Asankrangwa gold belt. A gold-in-soil anomaly that measures 24 kilometers in strike length, oriented in a north-east / south-west (NE/SW) direction, is contained within AGG’s consolidated boundaries. This linear anomaly runs parallel to the mapped major structural target(s) currently being drilled by Keegan Resources at its 28 sq. km Esaase concession.

The Company is moving aggressively to contract for a diamond drill rig and anticipates the Phase I drill program will encompass a total of 5,000 meters. Approximately 2,000 meters will be dedicated to testing multiple structures to a depth of approximately 200 meters downhole in the region of the Dwabosso artisanal pit located at AGG’s Manso Atwere concession. Approximately 3,000 meters of core drilling will be dedicated to testing four structural targets within the Company’s Assuowunu concession, which lies contiguous and on-strike with Keegan Resource’s Esaase concession. One of the four Assuowunu structural targets represents an area of extensive in-situ artisanal mining that extends from AGG ground onto Keegan ground (see map), and the other three structural targets are believed to be contiguous structures that extend from Keegan’s Esaase concession onto AGG’s Assuowunu concession.

AGG also has contracted Insight Geophysics Inc. to immediately commence with a geophysical survey of the five zones that have been targeted for diamond drilling. This work is expected to support the definition of structural targets for follow-up diamond drilling.

 

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