African Gold Group (OTC Other: AGGFF; TSX-V: AGG) reports significant near surface (oxide) drill results from Northern step out holes, including the following highlights:
- KBRC12-006: 70 m @ 1.83 g/t Au & 45 m @ 1.79 g/t Au, ended in mineralization;
- KBRC12-003: 27 m @ 0.47 g/t Au & 84 m @ 1.26 g/t Au, ended in mineralization;
- KBRC12-004: 21 m @ 1.07 g/t & 9 m @ 1.80 Au; and
- KBRC12-005: 21 m @ 1.15 g/t Au.
According to Dr. Kevin Downing, Vice President of Exploration, “We continue to remain focused on development of the near surface oxidized resource at our Kobada gold project. Today’s results clearly show the continuing presence of robust gold mineralization extending as far as 200 meters north of our current Zone 1 resource, where highlight hole KBRC12-003, collared directly on strike from KBRC11-189, intercepted 70 meters at 1.83 g/t Au and 45 meters at 1.79 g/t Au. Both of these holes ended in mineralization. In addition to demonstrating a strike extension of at least 200 meters north, the holes released here define a mineralized corridor that exceeds 100 meters in lateral width that is associated with an oxidation depth in the magnitude of 100 vertical meters. The mineralization contained within these northern step out holes is well distributed down several of the holes, and is as strong as any gold mineralization encountered in the Zone 1 resource to date.”