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Keegan Resources Inc.

Published : April 30th, 2013

Asanko Gold Further Strengthens its Management Team with the Appointment of an Internationally Exper

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Re:        News Releases - Tuesday, April 30, 2013
Title:     Asanko Gold Further Strengthens its Management Team with the Appointment of an Internationally
            Experienced General Manager - Operations


Vancouver, British Columbia, April 30, 2013: Asanko Gold Inc. ("Asanko" or the "Company") (TSX/NYSE MKT: AKG) is pleased to announce the appointment of Patrick Kpekpena as General Manager - Operations at its flagship Esaase Gold Project in Ghana, West Africa.

Patrick is a Ghanaian Mining Engineer with extensive project management and operations experience both within Ghana and internationally. Patrick has held senior managerial positions in Ghana, South Africa, Tanzania and Canada with a number of major mining companies including Gold Fields and De Beers.

Patrick was most recently Mine Manager and relief General Manager for Endeavour Mining Corporation's (formerly Adamus Resources) Nzema Gold Project, in Ghana, through its start-up, commissioning and into operations.

Prior to this Patrick held senior management positions at a number of operations around the world. These included four years as Manager - Mining at Ghana's largest mine, Gold Fields' Tarkwa mine. He spent nine years with the De Beer's Group in a number of roles at the Williamson Diamond Mine in Tanzania, the Premier Diamond Mine (now Cullinan Diamonds) in South Africa. In addition Patrick played a central role in the lead up to the development and opening of the De Beers Snap Lake Mine in Canada.

Patrick, a highly respected Ghanaian national, has extensive Project Management and Operational Experience. These skills complement the Esaase Gold Project with the in-country leadership and operating skills that are required as the Company completes the Feasibility Study and prepares for the building of the mine.

Asanko's President and CEO, Peter Breese, comments:

"We are very happy to have recruited Patrick at this ideal time, as his extensive Ghanaian and International experience rounds off the skills and talents of the outstanding development team that we put in place towards the end of last year. Patrick's wide range of experience puts him in an ideal position to make a telling contribution to meet our build and operating goals for the Esaase Gold Project".

Asanko currently has approx. $200 million USD cash in the bank, which in the current challenging market gives it a competitive advantage over the majority of its peers. It is well positioned to rapidly advance the Esaase Gold Project with The Pre-Feasibility Study substantially complete and scheduled to be published as previously advised to the market during the second quarter of 2013. Asanko is still on target to be in production at steady state late in 2015.

On behalf of the Board of Directors,

___________________________
Peter Breese, President & CEO


About Asanko Gold Inc.


Asanko's vision is to become a mid-tier gold mining company that maximizes value for all its stakeholders. Our immediate focus is on near term gold production at our multi-million ounce Esaase Gold Project located in Ghana, West Africa; a highly favourable and prospective jurisdiction. Asanko is managed by highly skilled and successful technical, operational and financial professionals. The Company is well financed with no debt, and is strongly committed to the highest standards for environmental management, social responsibility, and health and safety for its employees and neighbouring communities.

Asanko trades on the TSX and the NYSE MKT under the symbol AKG.

For more information about Asanko Gold visit the website at www.asanko.com or contact:

Peter Breese, President & CEO
Telephone: +27-82-888 6852
E Mail: peter.breese@asanko.com

or:

Greg McCunn, CFO
Telephone: +1-778-729-0604
Email: greg.mccunn@asanko.com

Forward-Looking and other Cautionary Information

This release includes certain statements that may be deemed "forward-looking statements". All statements in this release, other than statements of historical facts, that address estimated resource quantities, grades and contained metals, possible future mining, exploration and development activities, are forward-looking statements. Although the Company believes the forward-looking statements are based on reasonable assumptions, such statements should not be in any way construed as guarantees of future performance and actual results or developments may differ materially from those in the forward-looking statements. Factors that could cause actual results to differ materially from those in forward-looking statements include market prices for metals, the conclusions of detailed feasibility and technical analyses, lower than expected grades and quantities of resources, mining rates and recovery rates and the lack of availability of necessary capital, which may not be available to the Company on terms acceptable to it or at all. The Company is subject to the specific risks inherent in the mining business as well as general economic and business conditions. For more information on the Company, Investors should review the Company's annual Form 20-F filing with the United States Securities Commission and its home jurisdiction filings that are available at www.sedar.com.

Neither Toronto Stock Exchange nor the Investment Industry Regulatory Organization of Canada accepts responsibility for the adequacy or accuracy of this release.

Copyright � 2013 ASANKO GOLD (KGN) All rights reserved. For more information visit our website at http://www.asanko.com/ or send email to info@keeganresources.com ..
Message sent on Mon Apr 29, 2013 at 3:24:53 PM Pacific Time
Data and Statistics for these countries : Canada | Ghana | South Africa | Tanzania | All
Gold and Silver Prices for these countries : Canada | Ghana | South Africa | Tanzania | All

Keegan Resources Inc.

EXPLORATION STAGE
CODE : KGN.TO
ISIN : CA4872751090
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Keegan Res. is a gold exploration company based in Canada.

Keegan Res. holds various exploration projects in Ghana.

Its main exploration properties are ESAASE and ASAMURA in Ghana.

Keegan Res. is listed in Canada and in United States of America. Its market capitalisation is CA$ 649.9 millions as of today (US$ 595.3 millions, € 445.6 millions).

Its stock quote reached its lowest recent point on January 23, 2009 at CA$ 1.06, and its highest recent level on September 16, 2011 at CA$ 9.59.

Keegan Res. has 201 830 000 shares outstanding.

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Annual reports of Keegan Resources Inc.
2009 Annual Report
Financings of Keegan Resources Inc.
2/17/2011Closes $213 Million Common Share Offering
11/5/2007ANNOUNCES $12.3 MILLION "BOUGHT DEAL" PRIVATE PLACEMENT FOR ...
Nominations of Keegan Resources Inc.
4/30/2013Asanko Gold Further Strengthens its Management Team with the...
5/3/2012Appoints Robert Sali to Board of Directors
1/30/2012Appoints Shawn Wallace as CEO
3/22/2011Nomination of Greg McCunn as CFO and Andrea Zaradic P.Eng as...
8/20/2008KEEGAN ANNOUNCES APPOINTMENT OF ENVIRONMENTAL MANAGER AND PR...
Project news of Keegan Resources Inc.
2/19/2013(Esaase)Remains on Track to Deliver Esaase Gold Project Under New Na...
10/31/2012(Esaase)Announces Further Strengthening of Technical Team as it Prep...
10/25/2012(Esaase)Metallurgical Test Work Commences on New Flowsheet for Esaas...
10/15/2012(Esaase)Welcomes Highland Park Group as Strategic Investor and Recr...
9/6/2012(Esaase)Provides Esaase Project Review Update
12/1/2011(Esaase)Adds an Additional Concession to the Esaase Gold Project
8/3/2011(Esaase)More Than Doubles Size of Esaase Gold Project Regional Prope...
2/22/2011(Esaase)Acquires Additional Ground at the Esaase Gold Project and Pr...
1/22/2011(Esaase)Continues to Expand Mineralization Zones in Step Out Drillin...
7/10/2009(Esaase)Hires engineer to lead esaase gold project development
2/27/2009(Esaase)World Class Gold Deposit Confirmed at Keegan's Esaase Gold P...
12/16/2008(Esaase)PROVIDES PROJECT UPDATES FOR GHANIAN GOLD PROJECTS
9/11/2008(Esaase)IDENTIFIES DRILL TARGETS OVER 10 KM IN STRIKE LENGTH USING G...
9/5/2008(Esaase)REPORTS EXCELLENT RESULTS FROM DRILLING TO NORTH OF ESAASE G...
7/9/2008(Esaase)Drills 12 Meters of 11.6 g/t and 25 Meters of 4.03 g/t Gold ...
5/28/2008(Esaase)KEEGAN HITS EXCELLENT GOLD GRADES ON STEPOUT HOLES AT ESAASE...
5/14/2008(Asamura) HITS DISCOVERY HOLE IN NW STRUCTURE AT ASUMURA GOLD PROJECT
4/1/2008(Asamura)TRIPLES ASUMURA GOLD PROJECT WITH ACQUISITION OF CONTIGUOUS ...
3/27/2008(Esaase) TRIPLES ESAASE LAND PACKAGE WITH ACQUISITION OF SOUTHWEST A...
2/19/2008(Esaase)DRILLING DISCOVERS NEW PARALLEL GOLD STRUCTURE AT ESAASE GOL...
2/11/2008(Esaase)ESAASE GOLD PROJECT INFILL DRILLING PROGRAM CONTINUES TO RET...
2/5/2008(Esaase) ESAASE GOLD PROJECT STEPOUT DRILLHOLES CONTINUE TO EXPAND D...
1/16/2008(Esaase) ADDS SECOND DRILL TO RAPIDLY ADVANCE ESAASE GOLD PROJECT
8/21/2007(Esaase)Drills 186m of 1.12 g/t, 102m of 1.01 g/t, and 7m of 4.83 g/...
5/17/2007(Esaase)RESOURCE DRILLING PROGRAM CONTINUES TO RAPIDLY EXPAND MAIN G...
4/11/2007(Asamura) Identifies Large IP Anomalies at Asumura Gold Project
Corporate news of Keegan Resources Inc.
2/21/2013Announces Significant Gold Recovery Improvements from Recent...
2/18/2013PMI Gold Corporation: PMI and Keegan Agree to Terminate Merg...
1/24/2013PMI and Keegan Mail Joint Information Circular in Connection...
1/18/2013PMI And Keegan Announce Interim Order For Merger Of Equals
11/5/2012Closes Non-Brokered Private Placement with Highland Park
10/15/2012Welcomes Highland Park Group as Strategic Investor and Recru...
10/10/2012(Esaase)Provides Revised Resource Estimate For Esaase Gold Project
9/17/2012HAS A NEW LOOK!
2/22/2012(Esaase)Continues to Encounter Significant Gold Intercepts at its Es...
2/14/2012Drills 48 Metres of 2.01 g/t Gold at the Newly Acquired Bilp...
11/25/2011Settles Majority Interest of Ghanaian Lawsuit
9/30/2011Featured on BNN's Commodities Show
9/22/2011(Esaase)ANNOUNCES POSITIVE PRE-FEASIBILITY STUDY AND FIRST MINERAL R...
9/21/2011to Make Minor Amendments to Option Plan
6/2/2011Continues to Encounter Significant Gold Intercepts in Resour...
11/28/2007COMPLETES $13.5 MILLION FINANCING
10/17/2007 Extends Mangoase Target Area to 16 km in Length and Finds G...
10/1/2007Drills 23M of 2.93 g/t and 46M of 1.56 g/t AU in Step-out Dr...
9/6/2007Drills 36M of 2.5 g/t, 44M of 2.18 g/t, and 16M of 3.63 g/t ...
7/24/2007Preliminary Metallurgical Study Indicates Good Gold Recovery...
6/14/2007Renegotiates and Completes Early Acquisition of Full Private...
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