African Gold Group, Inc. Intercepts 125 Meters of 1.04 g/t Au from Surface & 90 Meters of 1.29 g/t Au-Both Holes End in Mineralization-at Kobada, Mali
TORONTO, ONTARIO -- (Marketwire) -- 11/04/10 -- African Gold Group, Inc., ('AGG' or the 'Company') (TSX VENTURE: AGG) is pleased to report the analytical results for 35 near surface (oxide) reverse circulation ('RC') drill holes, of which 14 holes represent northern step out holes and 21 holes represent infill holes contained within the northern region of the Zone 1 gold deposit, at Kobada, Mali.
Near Surface (Oxide) Drill Highlights Include:
RPA10-065: 125 m @ 1.04 g/t Au, Hole Ends In Mineralization
RPA10-075: 90 m @ 1.29 g/t Au, Hole Ends In Mineralization
RPA10-057B 74 m @ 1.05 g/t Au
RPA10-073 52 m @ 1.23 g/t Au
RPA10-057C 34 m @ 1.58 g/t Au
RPA10-061 34 m @ 1.35 g/t Au
Table 1 below depicts significant intercepts in 34 of 35 holes being reported in this release. The table is split into two segments. A drill hole location map and select cross sections can be viewed at www.africangoldgroup.com :
-- Step-out for holes immediately to the north of the 2008 43-101 resources
estimate where drill holes were collared on Sections 1550S to 1350S for
a total of 200m of additional northern strike length;
and
-- In-fill for holes drilled within or immediately adjacent, laterally, to
the 2008 43-101 resource block.
The step-out holes north of Zone 1, that are being reported in this release link to mineralized holes previously drilled even further north on Sections 1200S and 1100S (reported March 24, 2010)
http://africangoldgroup.com/index.php?option=com_content&view=category&id=47&Itemid=100
Which, in total, would add approximately 450m of strike length to the 1.2 km long 2008 43-101 resources estimate.
Near Surface Drill Highlights From The Previously Reported More Northerly Holes Include:
KBRC09-017 8 m @ 6.13 g/t Au, Hole Ended In Mineralization
KBRC09-020 8 m @ 7.74 g/t Au & 21 m @ 4.89 g/t Au, includes 1 m @ 77.99 g/t
Au
Hole Ended In Mineralization
'Since 2009, AGG has used Leachwell analysis with a 2-kg aliquot which significantly reduces the 'nugget effect' previously encountered with the 50-g fire assay technique. In-fill holes confirmed the width of the mineralization and Leachwell increased the continuity of the mineralization in the northern portion of the resource block. In addition, Leachwell has increased the grade of the mineralization, especially at low cutoff grades.
Re-logging of 2006 and 2007 AGG diamond drill cores indicated the presence of a significant amount of tension gashes perpendicular to the strike of Zone 1. Holes at an azimuth of N015 degrees and N0195 degrees were drilled to test the frequency of occurrence of the tension gashes and their grade. Quantification of the tension gashes could lead to an increase of mineralized tonnage,' reports AGG Director, Pierre Lalande, P. Geo.
TABLE 1
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From To L Au EOH Deg.
Section Hole ID (m) (m) (m) (g/t) (m) TN Hole objective
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Step-Out
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1350S KBRC10-010 7 10 3 0.60 120 295 Delineation
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1350S KBRC10-011 2 11 9 3.22 108 295 Delineation
1350S including 2 3 1 18.73
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1350S KBRC10-012 5 9 4 3.93 Delineation
1350S including 8 9 1 13.95
1350S KBRC10-012 85 91 6 0.64
1350S KBRC10-012 98 111 13 0.62 126
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1350S KBRC10-013 5 8 3 1.24 295 Delineation
1350S KBRC10-013 14 17 3 0.33
1350S KBRC10-013 34 43 9 1.78
1350S KBRC10-013 68 71 3 1.43
1350S KBRC10-013 80 88 8 0.47
1350S KBRC10-013 99 102 3 0.37
1350S KBRC10-013 114 117 3 0.50 120
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1350S KBRC10-014 4 11 7 3.57 295 Delineation
1350S including 8 9 1 19.81
1350S KBRC10-014 21 43 22 0.73
1350S KBRC10-014 52 55 3 1.00
1350S KBRC10-014 64 70 6 0.87
1350S KBRC10-014 118 125 7 0.65 126 295 Delineation
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1450S KBRC10-001 5 8 3 0.44 126 295 Delineation
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1450S KBRC10-002 15 34 19 0.71 295 Delineation
1450S KBRC10-002 42 46 4 0.56 125
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1450S KBRC10-003 41 44 3 0.35 295 Delineation
1450S KBRC10-003 79 85 6 0.60 126
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1450S KBRC10-004 0 6 6 1.21 295 Delineation
1450S KBRC10-004 16 19 3 0.38
1450S KBRC10-004 73 78 5 1.36 123
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1450S KBRC10-005 0 3 3 0.57 295 Delineation
1450S KBRC10-005 42 47 5 0.61
1450S KBRC10-005 59 68 9 0.39
1450S KBRC10-005 81 84 3 0.93 89
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1450S KBRC10-006 4 7 3 0.54 295 Delineation
1450S KBRC10-006 46 49 3 0.50 93
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1450S KBRC10-007 18 26 8 0.56
1450S KBRC10-007 37 40 3 0.32 126 295 Delineation
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1450S KBRC10-008 7 10 3 0.35
1450S KBRC10-008 67 70 3 0.76 96 295 Delineation
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no significant
1450S KBRC10-009 mineralization 126 295 Delineation
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1525S RPA10-074 0 7 7 0.82 180 Test for northern
1525S RPA10-074 16 26 10 0.42 extension
1525S RPA10-074 42 55 13 0.56
1525S RPA10-074 84 121 37 0.70 124
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1525S RPA10-075 4 11 7 0.36 180 Test for northern
1525S RPA10-075 35 125 90 1.29 125 extension
1525S including 70 72 2 9.04
1525S including 115 116 1 27.14
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1550S RPA10-073 3 30 27 1.53 195 Test for northern
1550S RPA10-073 45 57 12 0.73 extension
1550S RPA10-073 71 123 52 1.23 125
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Infill
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1600S RPA10-068 0 5 5 0.64 126 290 Testing footwall
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1650S RPA10-067 0 12 12 1.62 290 Testing footwall
1650S including 10 11 1 10.05
1650S RPA10-067 58 61 3 0.35 126
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1700S RPA10-065 0 125 125 1.04 125 180 Testing tension gashes
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1700S RPA10-065A 4 12 8 1.59 290 Testing footwall
1700S RPA10-065A 28 33 5 1.14 126
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1700S RPA10-063 2 13 11 0.48 290 Definition ending in
1700S RPA10-063 27 49 22 0.79 footwall
1700S RPA10-063 101 113 12 0.90 126
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1700S RPA10-064 4 20 16 0.93 290 Definition ending in
1700S RPA10-064 30 36 6 0.59 footwall
1700S RPA10-064 63 70 7 0.51
1700S RPA10-064 93 96 3 0.55 126
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Hanging wall ending in
1725S RPA10-053 76 79 3 0.40 126 290 Zone 1
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1725S RPA10-061 3 8 5 0.98 290 Definition ending in
1725S RPA10-061 20 54 34 1.35 126 footwall
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1750S RPA10-049 106 109 3 1.18 126 290 Mostly hanging wall
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1750S RPA10-057 2 41 39 0.66 290 Collared in Zone 1 end
1750S RPA10-057 66 69 3 1.53 in footwall
1750S RPA10-057 83 91 8 0.33 125
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1750S RPA10-057A 2 53 51 0.80 195 Testing tension gashes
1750S RPA10-057A 62 65 3 0.42
1750S RPA10-057A 83 86 3 0.68
1750S RPA10-057A 93 121 28 0.93 125
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1750S RPA10-057B 5 79 74 1.05 110 Collared in Zone 1 end
1750S including 67 69 2 9.84 in hangingwall
1750S RPA10-057B 91 94 3 0.51
1750S RPA10-057B 115 118 3 4.20 125
1750S including 117 118 1 11.18
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1750S RPA10-057C 3 7 4 0.67 15 Testing tension gashes
1750S RPA10-057C 22 25 3 2.65
1750S RPA10-057C 38 41 3 1.64
1750S RPA10-057C 46 80 34 1.58
1750S RPA10-057C 93 102 9 0.73
1750S RPA10-057C 115 119 4 3.18 125
1750S including 115 116 1 11.79
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1750S RPA10-059 0 15 15 0.82 195 Testing tension gashes
1750S RPA10-059 53 79 26 0.86
1750S RPA10-059 93 119 26 0.68 125
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1750S RPA10-059A 0 13 13 1.10 126 290 Mostly footwall
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1750S RPA10-070 21 25 4 2.36 220 Delineation
1750S RPA10-070 33 65 32 0.41
1750S RPA10-070 78 88 10 1.04
1750S RPA10-070 107 110 3 0.82 175
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1750S RPA10-076 0 24 24 1.30 175 Delineation
1750S including 16 17 1 11.20
1750S RPA10-076 44 62 18 0.60
1750S RPA10-076 75 78 3 0.56
1750S RPA10-076 84 95 11 0.93
1750S RPA10-076 102 109 7 0.39 126
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1750S RPA10-062 0 9 9 0.58 290 Testing hanging wall
1750S RPA10-062 26 29 3 0.33
1750S RPA10-062 39 42 3 2.12 126
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Notes:
1) Step out holes to test for extension to the North of Zone 1 are drilled
perpendicular to the strike
2) In-fill holes drilled a N290 degrees azimuth are perpendicular to Zone 1
strike
3) In-fill holes drilled in other azimuth are designed to test for the
density of occurrence of mineralized tension gashes perpendicular to
Zone 1 strike
4) Significant drilled intercept have a minimum length of 3m at 0.3 g/t or
the product 'Length X Grade' greater than 0.9 g.m/t
5) Up to 5m of horizontal 'waste' included within mineralized intercept
Under the guidelines of National Instrument 43-101, the qualified person for the Kobada Gold Project is Mr. Pierre Lalande, P. Geo. Mr. Lalande is a member of the Association of Professional Geoscientists of Ontario and has reviewed and approved the contents of this news release.
Sampling - QA/QC Program
RC cuttings are recovered at the bottom outlet of the RC rig cyclone into 50-kg capacity poly-weave bags to recover the cuttings from each 1 meter of drill penetration. Each one meter sample weighs an average of approximately 19 to 23 kg. Each sample is passed through a 3-tier Jones Riffler (1 to 8 split), the samples are riffled twice to obtain from 3 to 5 kg of cuttings which are put in a numbered sample bag. Each bag is sealed and dispatched to the ALS Chemex laboratory located in Burkina Faso. The remaining 14 to 18 kg of cuttings (field rejects) are stored in camp under tarps to protect the bags against the elements.
Original samples are analyzed using Leachwell on 2 kg of pulp. Leachwell is a bottle roll cyanidation procedure with the addition of a catalyst to speed up gold dissolution. A QA/QC program is in place and includes: blank (1 in 20 samples), duplicates (1 in 20), standards (1 in 20), external lab checks (1 in 30) and two different analytical procedures check (1 in 100).
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 twelve gold concessions that are consolidated in five distinct 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 the Company's website at www.africangoldgroup.com and on www.sedar.com and through the Company's offices at: BCE Place, Canada Trust Tower, 27th Floor, 161 Bay Street, Toronto, Canada M5J 2S1.
On Behalf of the Board
Michael A. J. Nikiforuk, President, Director
The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.
Contacts:
African Gold Group, Inc.
Michael A. J. Nikiforuk
(416) 572-2225
info@africangoldgroup.com
www.africangoldgroup.com