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Category Archives: News Releases

AFRICAN GOLD GROUP WILL HOST A WEBINAR ON THURSDAY, JUNE 25, 2020

Published June 25, 2020.

Toronto, Canada – June 25, 2020 – African Gold Group, Inc. (TSX-V: AGG) (“AGG” or the “Company”) would like to invite interested shareholders and the general public to join Danny Callow, Chief Executive Officer, Andy Rompel, VP Exploration, Scott Eldridge, Non-Executive Chairman and Jan-Erik Back, Vice Chairman, for a live webinar discussing recently updated definitive […]

AFRICAN GOLD GROUP ACHIEVES MAJOR ENVIRONMENTAL SUSTAINABILITY MILESTONE IN SPITE OF COVID-19 CRISIS

Published June 23, 2020.

African Gold Group Investor Webinar African Gold Group is hosting an investor webinar to discuss the recently updated feasibility study for its Kobada Gold Project on Thursday, June 25 at 10:00 am (EST). Members of the AGG management team will be giving short presentations on highlights from the Study. Registration Link https://us02web.zoom.us/webinar/register/WN_vE_r8d_zSduQ4qaxb1aE_A   Toronto, Canada – […]

AFRICAN GOLD GROUP ANNOUNCES ROBUST DEFINITIVE FEASIBILITY STUDY FOR ITS 100,000 OUNCE PER YEAR KOBADA GOLD PROJECT WITH RENEWABLE ENERGY SOURCE

Published June 17, 2020.

Toronto, Canada – June 17, 2020 – African Gold Group, Inc. (TSX-V: AGG) (“AGG” or the “Company”) is pleased to provide a National Instrument 43-101: Standards of Disclosure for Mineral Projects (“NI 43-101”) compliant updated mineral resource and reserve estimate and results of the definitive feasibility study (“DFS”) for the Company`s Kobada Gold Project (the […]

AFRICAN GOLD GROUP ANNOUNCES BOARD AND SENIOR MANAGEMENT RESTRUCTURING AND NAME CHANGE AS IT MOVES INTO THE CONSTRUCTION PHASE

Published June 15, 2020.

Danny Callow appointed as President and Chief Executive Officer; Scott Eldridge appointed as Non-Executive Chairman of the Board; Jan-Erik Back appointed as Vice-Chairman, Strategy of the Board; John Begeman appointed as Lead Independent Director of the Board; and Proposed change of name to “Avion2 Gold Inc.” Toronto, Canada – June 15, 2020 – African Gold […]

AFRICAN GOLD GROUP DEVELOPS ACCELERATED CONSTRUCTION DEVELOPMENT TIMELINE

Published May 21, 2020.

Toronto, Canada – May 21, 2020 – African Gold Group, Inc. (TSX-V: AGG) (“AGG” or the “Company”) is pleased to provide an accelerated construction development timeline for its fully licensed Kobada project in Southern Mali. Highlights include: Fast-tracked schedule reduces construction from 23 months to 19 months Significant savings in EPCM costs and working capital […]

AFRICAN GOLD GROUP’S COVID-19 RESPONSE ALLOWS THE KOBADA GOLD PROJECT TO CONTINUE TO ADVANCE RAPIDLY

Published May 13, 2020.

Toronto, Canada – May 13, 2020 – African Gold Group, Inc. (TSX-V: AGG) (“AGG” or the “Company”) is pleased to provide an update on its fully permitted Kobada Gold Project in Southern Mali. Highlights include: The Company`s activities remain unaffected by the Covid-19 pandemic. Strict response plan imposed at the Kobada Gold Project reducing the […]

AFRICAN GOLD GROUP COMPLETES ENGINEERING ON EXPANDED PROCESSING SCENARIO WITH OVER 100,000OZ CAPABILITY

Published May 7, 2020.

Toronto, Canada – May 7, 2020 – African Gold Group, Inc. (TSX-V: AGG) (“AGG” or the “Company”) is pleased to announce that SENET (Pty) Ltd (“SENET”), the Company’s contractor for the definitive feasibility study (the “DFS”), has completed the engineering assessment on an expanded throughput scenario at the Kobada Gold Project in Southern Mali. The […]

AFRICAN GOLD GROUP FINALIZES COMPREHENSIVE METALLURGICAL TEST WORK RETURNING SIGNIFICANT IMPROVEMENTS IN GOLD RECOVERY TO 96% FROM 80%

Published May 5, 2020.

Toronto, Canada – May 5, 2020 – African Gold Group, Inc. (TSX-V: AGG) (“AGG” or the “Company”) is pleased to provide an update from the comprehensive metallurgical test work program, undertaken as part of the definitive feasibility study (the “DFS”). Metallurgical Testing Highlights: Confirmed the potential for consistent gold recovery of 96% across all ore […]

AFRICAN GOLD GROUP ANNOUNCES DISCOVERY OF EXPANSIVE GOLD SHEAR ZONE AT ITS KOBADA PROJECT

Published April 30, 2020.

Toronto, Canada – April 30, 2020 – African Gold Group, Inc. (TSX-V: AGG) (“AGG” or the “Company”) is pleased to announce exciting prospecting and rock sampling results from a new shear zone on its fully permitted Kobada Gold Project located in southern Mali. Highlights include rock sample results from the previously untested Gosso target (the […]

AFRICAN GOLD GROUP CLOSES FULLY SUBSCRIBED $3 MILLION PRIVATE PLACEMENT FINANCING

Published April 24, 2020.

NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES Toronto, Canada – April 23, 2020 – African Gold Group, Inc. (TSX-V: AGG) (“AGG” or the “Company”) is pleased to announce that it has closed, the second and final tranche of the previously announced C$3,000,000 non-brokered private placement financing of […]

AFRICAN GOLD GROUP INTERSECTS 22.2M @ 5.25G/T AU FROM 78.40 M AND 23.8M @ 1.57G/T AU FROM 110.50M AND CLOSES THE GAP AREA WITH HIGH-GRADE INTERSECTIONS

Published April 21, 2020.

Toronto, Canada – April 21, 2020 – African Gold Group, Inc. (TSX-V: AGG) (“AGG” or the “Company”) is pleased to report the final drill results from its extensive diamond drilling program at its Kobada gold project, located in southern Mali. The Company is currently working on an all-encompassing definitive feasibility study (the “DFS”) for the […]

AFRICAN GOLD GROUP ANNOUNCES SIGNIFICANT HIGH-GRADE GOLD AT KOBADA PROJECT, INCLUDING 2.14G/T GOLD OVER 16 METERS AND OTHER CORPORATE UPDATES

Published April 2, 2020.

Toronto, Canada – April 2, 2020 – African Gold Group, Inc. (TSX-V: AGG) (“AGG” or the “Company”) is pleased to report new drill results from the Company’s Kobada Gold Project located in southern Mali, including additional high-grade intersections in the northern extension of the main shear zone. The Kobada Gold Project is fully licensed and […]

AFRICAN GOLD GROUP ANNOUNCES HIGH-GRADE DRILLING RESULTS AT KOBADA GOLD PROJECT, INCLUDING 3.59G/T GOLD OVER 9.80M AND CLOSES FIRST TRANCHE OF PRIVATE PLACEMENT

Published March 17, 2020.

NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES Toronto, Canada – March 17, 2020 – African Gold Group, Inc. (TSX-V: AGG) (“AGG” or the “Company”) is pleased to provide an update from the Company`s Kobada Gold Project located in southern Mali, including additional high-grade intercepts in the northern […]

AFRICAN GOLD GROUP CLOSES OVERSUBSCRIBED PRIVATE PLACEMENT FINANCING AND ANNOUNCES ADDITIONAL $3 MILLION FINANCING

Published March 10, 2020.

NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES   March 9, 2020, Toronto, Ontario – African Gold Group, Inc. (TSX-V: AGG) (“AGG” or the “Company”) is pleased to announce that it has closed, on an oversubscribed basis, the second and final tranche of the previously announced C$2,000,000 non-brokered […]

AFRICAN GOLD GROUP INTERSECTS 28G/T GOLD OVER 1.5M AND 1.12G/T GOLD OVER 52.40M IN THE NORTHERN EXTENSION OF THE MAIN SHEAR ZONE

Published March 2, 2020.

Toronto, Canada – March 2, 2020 – African Gold Group, Inc. (TSX-V: AGG) (“AGG” or the “Company”) is excited to report additional exceptional drill results in the northern extension of the main shear zone (Figure 1) from its Kobada Gold project in southern Mali. Highlights Include (Table 1): High grade intersection on the northern extension […]

AFRICAN GOLD GROUP FINALIZES OPTIMIZED FLOWSHEET FOR ITS FULLY PERMITTED FLAGSHIP KOBADA GOLD PROJECT; A CRITICAL MILESTONE FOR THE UPDATED DEFINITIVE FEASIBILITY STUDY

Published February 24, 2020.

Toronto, Canada – February 24, 2020 – African Gold Group, Inc. (TSX-V: AGG) (“AGG” or the “Company”) is pleased to provide an update on the comprehensive metallurgical testwork program undertaken as part of the Definitive Feasibility Study (“DFS”) for the Kobada Gold Project in Southern Mali. Results of the optimized testwork show significantly improved gold […]

AFRICAN GOLD GROUP REPORTS HIGHEST GRADE INTERSECTION TO DATE AS MINERALIZATION EXTENDS TO THE NORTH; 13.27 G/T GOLD OVER 9.6 METRES

Published February 11, 2020.

Toronto, Canada – February 11, 2020 – African Gold Group, Inc. (TSX-V: AGG) (“AGG” or the “Company”) is pleased to report the highest grade intersection to date at its Kobada Gold Project (Figure 1). Highlights Include (Table 1): Highest grade intersection at the Kobada Gold Project to date Phase 2 confirms mineralization extends to the […]

AFRICAN GOLD GROUP CLOSES FIRST TRANCHE OF PRIVATE PLACEMENT AT $1.5 MILLION

Published January 31, 2020.

NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES January 31, 2020, Toronto, Ontario – African Gold Group, Inc. (TSX-V: AGG) (“AGG” or the “Company”) is pleased to announce that it has closed its first tranche of a previously announced non-brokered private placement financing of common shares (the “Offering”) […]

AFRICAN GOLD GROUP COMPLETE PHASE 1 DRILLING CAMPAIGN AT KOBADA GOLD PROJECT WITH BETTER THAN EXPECTED RESULTS INCLUDING 5.34 G/T GOLD OVER 6.0 M AND 1.67 G/T GOLD OVER 21.60 M

Published January 29, 2020.

Toronto, Canada – January 29, 2020 – African Gold Group, Inc. (TSX-V: AGG) (“AGG” or the “Company”) is pleased to report the final results for the Phase 1 drilling campaign at the Kobada Gold Project. The Phase 1 drilling campaign focused on confirming and upgrading the confidence level of the resource in the feasibility study […]

AFRICAN GOLD GROUP ANNOUNCES A $2 MILLION PRIVATE PLACEMENT

Published January 20, 2020.

FIRM COMMITMENTS RECEIVED WITH ANTICIPATED CLOSING DATE OF JANUARY 24, 2020 NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES Toronto, Canada – January 20, 2020 – African Gold Group, Inc. (TSX-V: AGG) (“AGG” or the “Company”) is pleased to announce that it has received firm commitments from several […]

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