African Gold Ltd (African Gold or the Company) (ASX: A1G)is very pleased to announce the results from the recently completed DDD049 diamond drillhole, second out of six drilled on the Blaffo Guetto prospect, on the Company’s Didievi Gold Project in Cote d’Ivoire (Figure 1). The drilling program was designed to test possible extension of the gold lodes and to infill previous drilling on gold controlling structures of the prospect with a view to increasing the scale and categorisation of the existing Inferred Resource.

HIGHLIGHTS

• Assay results from the recently completed diamond drilling program on the Didievi Project returns a spectacular, wide, high-grade intercept of:
  • 65.0m at 5.6 g/t of gold from 177m (DDD049)
• The drillhole also included shallow intercepts of:
  • 9.0m at 1.7 g/t of gold from 23m
  • 28m at 1.1 g/t of gold from 77m
• The deeper intercept (65.0m at 5.6 g/t of gold) has confirmed that the gold mineralisation extends outside of the existing resource envelope and remains open at depth
• Drillhole DDD049 was drilled to test a predicted extension of the gold mineralisation using the new geological model, hosted by the shear zone and gently plunging in a south-westerly direction
• The new drilling results will allow a positive update to the existing Didievi Project Maiden Inferred Resource of 4.93Mt for 452koz of gold at 2.9 g/t Au (1.0 g/t Au cut off)
• Previous high-grade drilling results from the Didievi Project include:
• 10.0m at 123.7 g/t of gold from 66m including 2m at 613.1 g/t of gold
• 83.3m at 3.3 g/t of gold from 166.9m including 18.0m at 12 g/t of gold
• 17.4m at 17.0 g/t of gold from 244m including 1.0m at 216.0 g/t of gold
• 80.0m at 3.0 g/t of gold from 0m including 23.0m at 9.5 g/t of gold
• 43.0m at 4.3 g/t of gold from 57 m including 17.0m at 9.5 g/t of gold
• 69.0m at 2.9 g/t of gold from 31m including 37.0m at 4.9 g/t of gold
• 37.0m at 7.7 g/t of gold from 42m including 24m at 11.0 g/t of gol

The second hole of the program, DDD049, was drilled to test an extension of the gold mineralisation controlled by the north-northeast striking shear zone where high grade mineralisation gently plunging in the south�westerly direction (Figure 1).

The assay results from DDD049 have returned a spectacular, thick, high-grade gold intersection of 65.0m at 5.6 g/t of gold from 177m, confirming distribution of the gold mineralisation an additional 85m along the south�westerly plunging high-grade gold trend. The mineralisation (lode 178) remains open at depth.

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