African Gold’s Southern Step-Out Hole Intercepts 52 Meters of 1.02 g/t Gold, Extending Gold Mineralization a Further 600 Meters South

African Gold Group, Inc., (TSX-V: AGG and OTC Other: AGGFF) announced today analytical results for 38 near surface (oxide), reverse circulation (RC), step-out drill holes. All 38 step-out drill holes reported in the release represent step-out drilling to the south of AGG’s Zone 1, 43-101 resources estimate. All southern step-out holes, reported in the release, were collared between section 2700S and section 3400S. Step-out holes drilled on Section 3400S, represent the most southerly collared holes being reported in this release and are situated approximately 600 meters south of the Zone 1, 43-101 inferred resources estimate. Step-out drilling was patterned on widely spaced lines that measured approximately 200 meters apart with the sole objective of determining if gold mineralization continued beyond section 2800S, the most southern extent or border of the current 43-101 resources estimate.

Near Surface (Oxide) Drill Highlights Include:

  • KBRC11-043: 52 m at 1.02 g/t Au
  • KBRC11-103: 24 m at 1.56 g/t Au
  • KBRC11-045: 47 m at 0.77 g/t Au
  • KBRC11-055: 35 m at 0.9 g/t Au
  • KBRC11-056: 18 m at 1.18 g/t Au
  • KBRC11-058: 21 m at 0.7 g/t Au
  • KBRC11-059: 14 m at 3.08 g/t Au

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