"Majestic Trend"
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African Gold Group announced it was entering Mali, West Africa, through the acquisition of three gold concessions on the 28th of June, 2005.
The acquisition included a body of reference material that comprises a historical data base derived from the expenditure of approximately €5,000,000 in exploration and development capital.
Kobada is located in the Kangaba region of Mali and measures 216 sq. km. This includes the Kobada, Foroko and Acoma concessions. To date most of the exploration work on Kobada has been confined to "Zone 1", a 1.2 km long gold in soil anomaly that represents a mere 10% of the entire 12 km, anomalous Kobada Trend.
AGG believes that the Kobada Trend may have multi-million oz Au potential. At this point, the whole of "Zone-1" has been infill drilled yielding favorable results: 81 Meters of 1.21 g/t Au, including 18 Meters of 2.26 g/t Au, and 48 Meters of 2.95 G/T Au including 19.20 Meters of 5.91 G/T Au.
In November of 2007, AGG initiated a 25,000 Meter RC drill campaign to test for Au mineralization over the remaining untested 11 kilometers of the Kobada Trend. The exploration potential remains open along strike and at depth.
The best intercepts are summarized in the following table:
AGG Kobada 2006-2007
The best intercepts on section(s)
The exploration results are listed below in the order that we received them. Click on the respective title to view each press release in its entirety:
October 11, 2007
African Gold Group, Inc: Drilling Extends Continuity Of Mineralized Strike Length To 1.35 Km At Kobada And Remains Open Along Strike
For coherence, the results from the 23 diamond drill holes have been organized according to the section the hole was drilled on as opposed to numerical order and are depicted in Table 1 below.
TABLE 1: RESULTS FROM AGG'S DIMAOND DRILLING CAMPAIGN
Signficant Intersections On Sections Drilled
Metallic Assays
Kobada Project, Mali
Section |
Hole |
Interval |
Au (g/t) |
From |
To |
Length |
18+00S |
KB07-60 |
259.80 |
289.50 |
29.70 |
1.09 |
|
incl |
278.00 |
287.70 |
9.70 |
2.44 |
18+50S |
KB07-76 |
277.00 |
285.50 |
8.50 |
1.01 |
|
|
290.00 |
298.20 |
8.20 |
0.69 |
|
incl |
292.00 |
295.00 |
3.00 |
1.29 |
19+00S |
KB07-64 |
231.00 |
234.50 |
3.50 |
0.79 |
|
KB07-68 |
No significant intersections |
|
KB07-79 |
307.00 |
320.00 |
13.00 |
0.38 |
|
|
351.00 |
352.00 |
1.00 |
1.46 |
19+50S |
KB07-93 |
109.00 |
121.00 |
12.00 |
0.26 |
|
|
201.30 |
205.30 |
4.00 |
0.76 |
23+50S |
KB07-84 |
79.50 |
101.50 |
22.00 |
0.75 |
|
incl |
80.40 |
83.10 |
2.70 |
2.04 |
|
and |
88.50 |
92.50 |
4.00 |
1.82 |
24+50S |
KB07-58* |
79.70 |
100.50 |
20.80 |
0.74 |
|
incl |
86.50 |
94.00 |
7.50 |
1.65 |
|
KB07-66 |
192.30 |
207.00 |
14.70 |
0.44 |
|
incl |
192.30 |
197.00 |
4.70 |
0.92 |
|
KB07-75 |
123.00 |
148.60 |
25.60 |
0.36 |
|
incl |
124.00 |
126.50 |
2.50 |
0.83 |
|
|
173.40 |
174.50 |
1.10 |
4.37 |
|
KB07-83 |
20.50 |
31.00 |
10.50 |
16.76 |
|
incl |
22.00 |
23.50 |
1.50 |
94.34 |
|
and |
28.00 |
29.00 |
1.00 |
32.19 |
|
|
54.10 |
56.70 |
2.60 |
1.94 |
25+50S |
KB07-61* |
11.00 |
23.50 |
12.50 |
0.34 |
|
|
53.50 |
87.50 |
34.00 |
0.51 |
|
incl |
56.50 |
61.90 |
5.40 |
1.75 |
|
KB07-62 |
52.00 |
98.00 |
46.00 |
0.52 |
|
incl |
80.00 |
88.00 |
8.00 |
1.48 |
|
and |
92.00 |
98.00 |
6.00 |
1.13 |
|
KB07-63 |
169.50 |
189.00 |
19.50 |
0.37 |
|
|
208.00 |
211.00 |
3.00 |
1.03 |
26+00S |
KB07-77 |
8.50 |
13.00 |
4.50 |
2.75 |
|
incl |
10.00 |
13.00 |
3.00 |
3.99 |
|
|
77.50 |
83.50 |
6.00 |
1.02 |
|
incl |
79.00 |
81.00 |
2.00 |
2.79 |
|
|
96.30 |
99.30 |
3.00 |
1.19 |
|
|
109.00 |
126.20 |
17.20 |
0.50 |
|
|
143.50 |
154.00 |
10.50 |
0.46 |
|
incl |
147.00 |
150.70 |
3.70 |
0.97 |
|
|
162.50 |
168.50 |
6.00 |
1.01 |
|
KB07-80 |
2.50 |
28.00 |
25.50 |
0.32 |
|
|
65.50 |
72.00 |
6.50 |
0.78 |
|
incl |
67.30 |
72.00 |
4.70 |
0.98 |
|
KB07-94 |
134.10 |
140.00 |
5.90 |
0.82 |
|
incl |
137.60 |
139.00 |
1.40 |
2.70 |
|
|
252.00 |
256.60 |
4.60 |
1.01 |
|
incl |
253.50 |
256.60 |
3.10 |
1.33 |
26+50S |
KB07-78 |
85.50 |
141.50 |
56.00 |
1.29 |
|
incl |
116.00 |
117.10 |
1.10 |
45.03 |
|
and |
139.40 |
141.50 |
2.10 |
2.16 |
|
|
215.50 |
222.00 |
6.50 |
1.16 |
|
incl |
215.50 |
218.50 |
3.00 |
1.70 |
|
KB07-81 |
0.00 |
60.00 |
60.00 |
0.60 |
|
incl |
29.50 |
33.60 |
4.10 |
1.97 |
|
and |
42.00 |
47.70 |
5.70 |
1.25 |
|
|
65.50 |
95.50 |
30.00 |
0.22 |
|
|
136.70 |
139.40 |
2.70 |
1.55 |
|
|
146.50 |
155.00 |
8.50 |
0.82 |
|
incl |
148.00 |
148.35 |
0.35 |
14.92 |
|
KB07-82 |
35.90 |
58.50 |
22.60 |
1.11 |
|
incl |
41.50 |
45.50 |
4.00 |
4.18 |
|
|
94.00 |
141.00 |
47.00 |
0.32 |
|
incl |
96.50 |
99.50 |
3.00 |
1.00 |
|
KB07-95 |
114.50 |
122.00 |
7.50 |
1.12 |
|
incl |
114.50 |
122.00 |
7.50 |
1.12 |
|
|
169.00 |
179.90 |
10.90 |
3.54 |
|
incl |
170.00 |
171.50 |
1.50 |
19.01 |
|
and |
175.50 |
179.90 |
4.40 |
2.11 |
|
|
195.00 |
223.80 |
28.80 |
0.45 |
|
incl |
214.60 |
218.10 |
3.50 |
1.51 |
|
|
227.60 |
251.80 |
24.20 |
0.35 |
27+00S |
KB07-96 |
161.00 |
199.20 |
38.20 |
0.38 |
|
|
215.10 |
234.00 |
18.90 |
0.30 |
|
|
237.00 |
261.00 |
24.00 |
0.38 |
|
incl |
243.50 |
245.40 |
1.90 |
2.38 |
|
KB07-97 |
44.50 |
55.00 |
10.50 |
0.47 |
|
|
94.00 |
147.00 |
53.00 |
0.60 |
|
incl |
106.80 |
108.00 |
1.20 |
9.83 |
28+00S |
KB07-98 |
113.00 |
124.00 |
11.00 |
0.39 |
29+00S |
KB07-99 |
67.00 |
88.00 |
21.00 |
0.40 |
|
incl |
68.50 |
71.50 |
3.00 |
1.20 |
* KB07-58 & KB07-61 represent fire assay results only.
July 10, 2007
African Gold Group, Inc: Kb07-73 Intersects 38.20 Meters Of 1.93 G/T Au, Including 6.5 Meters Of 9.39 G/T Au At Kobada, Mali
For coherence, the results from the nine diamond drill holes have been organized according to the section the hole was drilled on as opposed to numerical order and are depicted in Table 1 below.
TABLE 1: RESULTS FROM AGG'S DIAMOND DRILLING CAMPAIGN
Significant Intersections On Sections Drilled |
Metallics Assays |
|
|
|
Kobada Project, Mali |
|
|
|
|
|
|
|
|
|
Section |
Hole |
Interval |
Au (g/t) |
From |
To |
Length |
20+00S |
KB07-71 |
89.50 |
93.50 |
4.00 |
0.27 |
20+50S |
KB07-74 |
130.00 |
138.50 |
8.50 |
1.51 |
|
|
143.50 |
151.00 |
7.50 |
0.86 |
|
incl |
143.50 |
149.50 |
6.00 |
1.03 |
21+50S |
KB07-70 |
7.00 |
24.80 |
17.80 |
0.69 |
|
incl |
16.00 |
21.00 |
5.00 |
1.48 |
|
|
30.80 |
57.70 |
26.90 |
0.35 |
|
incl |
30.80 |
35.00 |
4.20 |
1.11 |
|
|
64.20 |
88.00 |
23.80 |
1.82 |
|
incl |
71.50 |
83.50 |
12.00 |
3.26 |
|
KB07-72 |
35.50 |
50.00 |
14.50 |
0.57 |
|
incl |
37.00 |
40.00 |
3.00 |
1.49 |
|
|
118.50 |
137.50 |
19.00 |
1.14 |
|
incl |
118.50 |
121.00 |
2.50 |
4.88 |
|
and |
128.50 |
131.50 |
3.00 |
2.31 |
22+50S |
KB07-67 |
182.00 |
193.50 |
11.50 |
0.25 |
|
|
198.50 |
280.00 |
81.50 |
0.96 |
|
incl |
226.00 |
278.70 |
52.70 |
1.29 |
|
KB07-69 |
70.50 |
82.00 |
11.50 |
1.32 |
|
|
88.00 |
127.00 |
39.00 |
0.48 |
24+50S |
KB07-65 |
103.50 |
114.90 |
11.40 |
0.44 |
|
|
120.00 |
127.00 |
7.00 |
0.46 |
25+00S |
KB07-73 |
78.80 |
117.00 |
38.20 |
1.93 |
|
incl |
92.50 |
99.00 |
6.50 |
9.39 |
|
incl |
94.00 |
96.00 |
2.00 |
28.04 |
|
and |
106.70 |
112.00 |
5.30 |
1.12 |
|
|
145.50 |
162.50 |
17.00 |
0.71 |
|
incl |
145.50 |
152.60 |
7.10 |
1.28 |
25+50S |
KB07-59 |
14.50 |
25.00 |
10.50 |
0.31 |
May 30, 2007
African Gold Group, Inc: 33 New Drill Holes Advance Kobada Potential To Southwest Within "Zone 1"
For coherence, the results from the 33 diamond drill holes have been organized according to the section the hole was drilled on as opposed to numerical order and are depicted in Table 1 below.
TABLE 1: RESULTS FROM AGG'S DIAMOND DRILLING CAMPAIGN
Section |
Hole |
Interval |
Au (g/t) |
From |
To |
Length |
15+50S |
KB07-14 |
71.50 |
74.50 |
3.00 |
2.54 |
|
|
182.00 |
185.00 |
3.00 |
2.63 |
|
|
192.00 |
228.00 |
36.00 |
0.45 |
17+00S |
KB07-41 |
249.80 |
267.50 |
17.70 |
0.90 |
17+50S |
KB07-53 |
176.40 |
182.00 |
5.60 |
0.69 |
|
|
227.50 |
238.20 |
10.70 |
0.80 |
|
incl |
230.50 |
234.50 |
4.00 |
1.66 |
|
|
242.80 |
251.50 |
8.70 |
1.38 |
|
incl |
243.50 |
249.60 |
6.10 |
1.85 |
|
|
261.00 |
296.00 |
35.00 |
1.27 |
|
incl |
262.00 |
269.00 |
7.00 |
2.53 |
|
and |
287.60 |
296.00 |
8.40 |
1.99 |
18+00S |
KB07-50 |
141.00 |
163.50 |
22.50 |
0.73 |
|
|
175.50 |
186.00 |
10.50 |
1.98 |
|
|
192.00 |
210.00 |
18.00 |
0.47 |
|
incl |
204.70 |
208.50 |
3.80 |
1.04 |
|
|
234.00 |
249.00 |
15.00 |
0.50 |
18+50S |
KB07-30 |
0.00 |
8.50 |
8.50 |
0.91 |
|
incl |
2.50 |
7.50 |
5.00 |
1.21 |
|
|
40.00 |
44.50 |
4.50 |
1.18 |
|
KB07-45 |
114.00 |
126.00 |
12.00 |
0.91 |
|
incl |
118.50 |
121.50 |
3.00 |
1.24 |
|
|
215.00 |
234.60 |
19.60 |
0.75 |
|
incl |
220.00 |
225.00 |
5.00 |
1.46 |
|
|
245.00 |
250.00 |
5.00 |
1.02 |
|
incl |
246.00 |
250.00 |
4.00 |
1.16 |
19+00S |
KB07-29 |
0.00 |
7.00 |
7.00 |
0.83 |
|
|
37.00 |
56.50 |
19.50 |
0.76 |
|
incl |
37.00 |
40.00 |
3.00 |
2.10 |
|
and |
50.50 |
56.50 |
6.00 |
1.21 |
|
KB07-47 |
166.00 |
177.70 |
11.70 |
3.78 |
|
incl |
167.50 |
172.00 |
4.50 |
9.57 |
19+50S |
KB07-26 |
97.00 |
116.50 |
19.50 |
0.72 |
|
incl |
108.80 |
116.50 |
7.70 |
1.33 |
|
|
122.50 |
147.00 |
24.50 |
0.95 |
|
incl |
122.50 |
133.50 |
11.00 |
1.80 |
|
KB07-27 |
25.00 |
55.30 |
30.30 |
0.57 |
|
incl |
34.00 |
48.50 |
14.50 |
0.78 |
|
|
61.00 |
91.00 |
30.00 |
0.50 |
|
incl |
88.00 |
91.00 |
3.00 |
1.55 |
|
|
125.50 |
136.00 |
10.50 |
0.47 |
|
incl |
128.50 |
134.50 |
6.00 |
0.72 |
20+00S |
KB07-28 |
97.00 |
131.50 |
34.50 |
0.29 |
|
|
137.70 |
163.00 |
25.30 |
0.60 |
|
incl |
151.00 |
155.00 |
4.00 |
1.37 |
|
|
209.00 |
218.00 |
9.00 |
1.29 |
|
incl |
211.80 |
217.00 |
5.20 |
2.05 |
20+50S |
KB07-31 |
67.00 |
80.50 |
13.50 |
0.38 |
|
|
115.00 |
118.50 |
3.50 |
1.56 |
|
KB07-32 |
212.50 |
250.00 |
37.50 |
0.69 |
|
incl |
217.50 |
236.80 |
19.30 |
1.00 |
|
KB07-33 |
220.00 |
299.00 |
79.00 |
0.58 |
|
incl |
236.00 |
239.00 |
3.00 |
2.04 |
|
and |
263.00 |
278.00 |
15.00 |
0.95 |
|
and |
284.70 |
293.00 |
8.30 |
1.19 |
|
|
309.00 |
316.00 |
7.00 |
1.47 |
|
KB07-39 |
276.50 |
292.50 |
16.00 |
0.53 |
|
|
347.50 |
355.00 |
7.50 |
0.83 |
|
KB07-56 |
132.20 |
142.00 |
9.80 |
0.25 |
21+00S |
KB07-34 |
197.00 |
237.00 |
40.00 |
0.57 |
|
incl |
223.00 |
226.00 |
3.00 |
1.37 |
|
and |
229.00 |
233.40 |
4.40 |
2.13 |
|
|
243.00 |
262.00 |
19.00 |
0.56 |
|
KB07-35 |
143.50 |
194.00 |
50.50 |
0.73 |
|
incl |
164.00 |
165.00 |
1.00 |
19.35 |
|
and |
180.00 |
184.00 |
4.00 |
1.48 |
21+50S |
KB07-36 |
183.00 |
241.00 |
58.00 |
0.60 |
|
incl |
202.00 |
206.10 |
4.10 |
2.44 |
|
and |
210.00 |
213.00 |
3.00 |
1.48 |
|
and |
216.00 |
229.00 |
13.00 |
0.86 |
|
KB07-37 |
110.50 |
117.00 |
6.50 |
1.01 |
|
incl |
113.00 |
116.00 |
3.00 |
1.84 |
|
|
167.00 |
200.00 |
33.00 |
0.55 |
|
incl |
180.00 |
190.00 |
10.00 |
1.00 |
22+00S |
KB07-38 |
0.00 |
2.50 |
2.50 |
6.57 |
|
|
161.50 |
195.00 |
33.50 |
0.62 |
|
incl |
166.00 |
187.10 |
21.10 |
0.76 |
|
KB07-40 |
0.00 |
5.50 |
5.50 |
1.98 |
|
|
204.00 |
244.00 |
40.00 |
0.76 |
|
incl |
211.00 |
222.00 |
11.00 |
1.29 |
|
and |
239.00 |
244.00 |
5.00 |
1.31 |
22+50S |
KB07-42 |
159.00 |
201.00 |
42.00 |
1.05 |
|
incl |
169.00 |
194.50 |
25.50 |
1.55 |
|
KB07-43 |
114.00 |
149.00 |
35.00 |
0.67 |
|
incl |
130.00 |
140.00 |
10.00 |
0.93 |
23+00S |
KB07-44 |
153.30 |
178.00 |
24.70 |
0.40 |
|
|
184.00 |
201.00 |
17.00 |
1.55 |
|
incl |
184.00 |
193.00 |
9.00 |
1.57 |
|
and |
197.00 |
201.00 |
4.00 |
2.93 |
|
|
207.00 |
216.20 |
9.20 |
1.28 |
|
KB07-46 |
224.00 |
235.50 |
11.50 |
0.39 |
|
|
243.60 |
260.50 |
16.90 |
0.38 |
|
incl |
245.80 |
249.30 |
3.50 |
1.12 |
23+50S |
KB07-48 |
118.00 |
135.00 |
17.00 |
0.68 |
|
incl |
118.00 |
129.70 |
11.70 |
0.87 |
|
|
145.00 |
155.50 |
10.50 |
0.65 |
|
KB07-49 |
161.00 |
205.00 |
44.00 |
0.75 |
|
incl |
170.00 |
180.00 |
10.00 |
1.66 |
|
KB07-51 |
196.20 |
214.00 |
17.80 |
0.31 |
|
|
221.00 |
238.00 |
17.00 |
0.64 |
|
incl |
223.10 |
226.10 |
3.00 |
1.76 |
|
|
246.70 |
255.20 |
8.50 |
2.99 |
|
incl |
246.70 |
249.00 |
2.30 |
10.29 |
24+00S |
KB07-52 |
5.50 |
8.50 |
3.00 |
1.03 |
|
|
14.50 |
19.00 |
4.50 |
1.08 |
|
incl |
16.00 |
19.00 |
3.00 |
1.41 |
|
|
28.00 |
38.50 |
10.50 |
0.55 |
|
KB07-54 |
70.00 |
87.00 |
17.00 |
2.05 |
|
KB07-55 |
114.30 |
129.00 |
14.70 |
1.01 |
|
KB07-57 |
141.90 |
149.00 |
| 
)
)