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Keegan Resources Files Technical Report On Updated Resource Estimate For Its Esaase Gold Project
Published : November 26, 2012
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Keywords :   Canada | Ghana | Gold | Gold Production | Metals X | Recovery |

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Nov. 26, 2012) - Keegan Resources Inc. ("Keegan" or "Company") (TSX:KGN)(NYSE MKT:KGN) is pleased to announce that it has filed a National Instrument 43-101 Technical Report for the updated resource estimate (see news release dated October 10, 2012) for the Esaase gold project located in Ghana, West Africa.

The report was prepared by Minxcon (Pty) Ltd, an independent advisory company with extensive experience in preparing technical and economic advisors' and valuation reports for mining and exploration companies. The report was compiled in compliance with the specifications embodied in National Instrument 43-101 ("NI 43-101 Code"), as well as Standards of Disclosure for Mineral Projects as set out by the Canadian Code for reporting of Resources and Reserves - National Instrument 43-101 (Standards of Disclosure for Mineral Projects), Form 43-101F1 and the Companion Policy Document 43-101CP ("NI 43 101").

The complete NI 43-101 Technical Report is available at SEDAR and on the Company's website.

On behalf of the Board of Directors,

Peter Breese, President & Chief Executive Officer

About Keegan Resources Inc.

Keegan is a gold development company focussing on near term gold production at its high grade multi-million ounce Esaase gold project in Ghana. The Company offers investors the opportunity to share ownership in the rapid exploration and development of high quality pure gold assets. Keegan is focused on its wholly owned flagship Esaase gold project (3.83 million ounces of gold in the Measured and Indicated category with an average grade of 1.73 g/t Au and 1.25 million ounces of gold in the Inferred category at an average grade of 1.75 g/t Au, based on a 0.8 g/t Au cut-off) located in Ghana, West Africa; a highly favourable and prospective jurisdiction. Managed by highly skilled and successful technical and financial professionals, Keegan is well financed with no debt. The Company is also strongly committed to the highest standards for environmental management, social responsibility, and health and safety for its employees and neighbouring communities.

Keegan trades on the TSX and the NYSE MKT under the symbol KGN.

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.

Keegan Resources Inc.
Investor Relations
604-683-8193 or Toll Free at 1-800-863-8655
604-683-8194 (FAX)
info@keeganresources.com
www.keeganresources.com
Data and Statistics for these countries : Canada | Ghana | All
Gold and Silver Prices for these countries : Canada | Ghana | All
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Keegan Resources Inc.

EXPLORATION STAGE
CODE : KGN.TO
ISIN : CA4872751090
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In the News and Medias of Keegan Resources Inc.
1/13/2012A Bet On Keegan Resources Is A Bet On Gold's Price
Annual reports of Keegan Resources Inc.
2009 Annual Report
2008 Annual report
Financings of Keegan Resources Inc.
2/17/2011Closes $213 Million Common Share Offering
1/18/2011Announces CAD$185 Million Bought Deal Financing
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...
12/13/2010(Esaase)Releases Updated Resource Estimate for Esaase Gold Project, ...
11/15/2010(Esaase)Keegan Continues to Encounter Significant Gold in Step Out D...
11/15/2010(Esaase)Continues to Encounter Significant Gold in Step Out Drilling...
10/28/2010(Esaase)Keegan Continues to Obtain High Grade Results From D-1 Zone ...
10/13/2010(Esaase)Continues to Receive Excellent Results From the Esaase Gold ...
9/8/2010(Esaase)Discovers New Zone at Esaase Gold Project, Southwest Ghana
8/6/2010(Esaase)Continues to Receive Excellent Results from the Esaase Gold ...
5/17/2010(Esaase)Receives Excellent Results From Metallurgical Drilling at th...
4/6/2010(Esaase)to release preliminary economic assessment for Esaase Gold p...
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
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.
2/28/2013Changes Name to Asanko Gold
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
12/5/2012PMI and Keegan to Merge as Equals to Form Asanko Gold
11/28/2012(Esaase)Announces Full Settlement of Esaase Gold Concession Lawsuit
11/26/2012(Esaase)Files Technical Report On Updated Resource Estimate For Its ...
11/21/2012(Esaase)Announces Land Swap for Small Scale Mining Reserve at Its Es...
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
11/18/2011CONTINUES TO ENCOUNTER SIGNIFICANT GOLD INTERCEPTS FROM RESO...
11/17/2011Continues to Encounter Significant Gold Intercepts From Reso...
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...
9/16/2010(KGN) added to the S&P SmallCap Index
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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