African Gold Group, Inc., (TSX-V: AGG.V; OTC Other: AGGFF) announced today that drilling has resumed and is well underway at the Company’s Kobada, Mali gold project. Post rainy season drilling, commencing November 2011, through to July 2012, is referred to as the 2012 drill campaign. The 2011 drill campaign, commencing November 2010 through to July 2011, focused 100% on step-out exploration drilling along strike, to the north and south of the Zone 1, 43-101 deposit. In addition, 2011 step-out drilling also tested off trend targets that resulted in the announcement of the discovery of new gold zones located at Foroko North (4.3 km north of Zone 1 deposit), The Termite Zone (1.5 km south-east of Zone 1 deposit) and the Gosso Zone (5 km east of Zone 1 deposit).
AGG’s 2012 drill program is focused on achieving two primary goals that pertain to the completion and submission of a positive Feasibility Study for the Kobada (Mali) gold project:
1. Increase the strike length of the 43-101 Zone 1 deposit from 1.7
kilometers (contained within Section 1100S – 2800S) to 3.15 kilometers
of strike length (contained within Section 650S – 3800S), representing a
potential 185% increase in (relative) strike length.
2. Upgrade the classification of the 43-101 resource from the Inferred
category to the Indicated category as a result of drilling on a 50 meter
x 50 meter grid, from Section 650S through to Section 3800S (3.15
kilometers of strike).