2nd Diamond Drill Rig Enroute To Kobada
TORONTO, CANADA, February 06, 2007 – African Gold Group, Inc., (“AGG” or the “Company”) is pleased to report the results from diamond drill holes KB06-12 and KB06-13, that were completed in December, 2006, as well as, KB07-15 and KB07-16, representing two of nine diamond drill holes that have been completed since the resumption of work on January 9, 2007.
At present, a single Longyear 38 diamond drill rig, capable of drilling to a depth of 600 meters down hole, remains active in completing AGG’s 10,000 meter infill program within the 1.2 km strike length of “Zone 1”, which represents 10% of the 12 km anomalous strike length of the overall Kobada Trend. The Company is pleased to report that a LF90D hydraulic diamond drill rig, that is capable of drilling to a depth of 900 meters down hole, has finally entered Mali and is anticipated to arrive at Kobada and commence work within the week.
RESULTS AND ANALYSIS
The results from the four diamond drill holes are shown in Table 1 below. Please see the attached map for the collar locations and trace of each hole.
The drill core samples were both HQ and NQ size and were cut in half by a diamond saw on site. Half of the core from one meter long samples was shipped to Groupe de laboratoire ALS MALI SARL, located in Bamako, Mali and analyzed for gold by fire assay on a 50 gram sample charge. Metallic screen assays were also performed on all samples from within the mineralized zone. Standards and blanks were inserted alternatively every 20 samples submitted to the laboratory for analysis.
TABLE 1: RESULTS FROM AGG’S CONTINUING DIAMOND DRILLING CAMPAIGN
|15+50S||KB07-14||Metallics assays pending|
The above results confirm an additional 100 meters of strike length and simultaneously test another historical section in 1800S. AGG has now successfully tested 550 meters of the 1,200 meters that are indicated by historical drilling (see Table 2, below).
TABLE 2: HISTORICAL DRILLING ON SECTION 18+00S
AGG will begin to direct its exploration initiatives to testing the additional 11 kilometers of known strike that has yet to be examined in detail with the application of an IP and ground magnetics survey. The Company anticipates its current diamond drill program will continue unabated through to July 2007.
The geotechnical portion of this press release has been reviewed and approved by T. Greg Hawkins, P. Geo., a Qualified Person.
African Gold Group, Inc., based in Toronto, Canada, is engaged in the identification, acquisition and exploration of prospective gold projects that are situated along significant gold trends within West Africa. To date, the Company controls a total of nine gold concessions that are consolidated in five separate standalone exploration projects, of which three projects are located in Ghana and the remaining two are located in Mali, West Africa.
Additional Information is available on www.sedar.com or at
AFRICAN GOLD GROUP INC.
151 Yonge St.
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