| | Publié le 18 février 2010 | Drilling At Kobada, Mali Focused On Surpassing 1,000,000 Oz Gold Threshold |
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Thursday, February 18, 2010 African Gold Group, Inc., Drilling At Kobada, Mali Focused On Surpassing 1,000,000 Oz Gold Threshold
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TORONTO, CANADA, February 18, 2010 - African Gold Group, Inc., ("AGG" or the "Company") is pleased to report that a reverse circulation ("RC") and diamond drill ("DD") campaign has begun at Kobada, Mali.
The primary objective of the program will be to surpass the 1,000,000 oz gold threshold within "Zone 1" of the Kobada deposit. "Zone 1" currently measures 1.2 km in strike length and represents 10% of the 12 km anomalous Kobada trend.
The drill campaign was initiated February 17, 2010, and consists of a minimum of 10,000 meters of RC drilling with selected diamond drill holes to comprise a part of the overall program.
Throughout the 2010 program, AGG will focus its exploration efforts on the Kobada structure and a coincident 12 km long arsenic-in-soil anomaly. Drill holes have been planned to:
- Explore the Kobada structure to the north-northeast. Drill holes will target coincident airborne geophysical (high resolution magnetic/radiometric) and geochemical anomalies and be guided by geologic concepts developed in the area of the current Mineral Resource at Kobada.
- Expand the current Mineral Resource by step out drilling to the immediate north and south, plus shallow drilling to the west.
- Improve confidence in the resource area by infill drilling to a minimum of 50 m spacing, and in some areas 25 m spacing.
The Company is pleased to advise that it has engaged the services of Scott Wilson Roscoe Postle Associates ("Scott Wilson RPA"), to assist AGG in achieving the above mentioned objectives associated with this multi-phase program at its Kobada, Mali gold project.
Asankrangwa Holdings, Ghana
The Company has determined that it will initiate its exploration activities at its Asankrangwa Holdings with the commencement of an airborne geophysical survey that will encompass the entire 456 sq km footprint. The objective of the program will be to identify structural targets, on a regional scale, that will be followed up with regional geochemistry to assist in the identification of drill targets. The Company is in the process of evaluating quotations submitted by airborne geophysical survey companies and is expected to select a service provider in the near future. The Company is confident that work will commence at its Asankrangwa Holdings on or about March 31, 2010.
AGG's Asankrangwa Holdings, located in Ghana, West Africa, represent a 456 sq km footprint, comprised of five contiguous concessions, of which the Assuowunu concession, located in the north-west quadrant of the region, is on strike and contiguous with Keegan Resource's 3.5 million ounce Esaase gold deposit..
African Gold Group, Inc., based in Toronto, Canada, is engaged in the identification, acquisition and exploration of prospective gold projects that are situated along significant gold trends within West Africa. To date, the Company controls a total of twelve gold concessions that are consolidated in five distinct standalone exploration projects, of which three projects are located in Ghana and the remaining two are located in Mali, West Africa.
Additional Information is available on the Company's website at www.africangoldgroup.com and on www.sedar.com and through the Company's offices at: BCE Place, Canada Trust Tower, 27th Floor, 161 Bay Street, Toronto, Canada M5J 2S1
On Behalf of the Board: Michael A. J. Nikiforuk President, Director
FOR FURTHER INFORMATION PLEASE CONTACT: African Gold Group, Inc. Michael A. J. Nikiforuk (416) 572-2225 info@africangoldgroup.com The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release. | |
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African Gold Group Inc.
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EXPLORATEUR |
CODE : AGG.V |
ISIN : CA00829A1066 |
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ProfilIndicateurs de MarchéVALEUR : Projets & res.Communiqués de PresseRapport annuelRISQUE : Profile actifsContactez la cie |
African Gold Group est une société d’exploration minière d'or basée au Canada. African Gold Group détient divers projets d'exploration au Ghana. Ses principaux projets en exploration sont BAGOE - EAST, BAGOE - WEST et KOBADA au Mali et NYANKUMASI, MANKRANHO et ASANKRANGWA au Ghana. African Gold Group est cotée au Canada et aux Etats-Unis D'Amerique. Sa capitalisation boursière aujourd'hui est 48,9 millions CA$ (39,1 millions US$, 34,3 millions €). La valeur de son action a atteint son plus haut niveau récent le 02 avril 2004 à 3,40 CA$, et son plus bas niveau récent le 12 avril 2019 à 0,01 CA$. African Gold Group possède 326 100 000 actions en circulation. |
Financements de African Gold Group Inc. |
Attributions d'options de African Gold Group Inc. |
Projets de African Gold Group Inc. |
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Communiqués de Presse de African Gold Group Inc. |
06/01/2016 | African Gold Group, Inc. Announces Sale of Ghanian Assets fo... |
28/10/2015 | African Gold Group, Inc. Announces Metalurgical Test Work Co... |
03/09/2015 | African Gold Group Announces Closing of Private Placement |
05/08/2015 | African Gold Group, Inc. Announces Grant of Kobada Mining Li... |
08/07/2015 | African Gold Group, Inc. Announces Election of Mr. Georges C... |
06/02/2015 | African Gold Group to Participate in "Doing Business in Mali... |
22/01/2015 | African Gold Group Closes Second Non-Brokered Private Placem... |
14/01/2015 | African Gold Group Closes Non-Brokered Private Placement for... |
23/12/2014 | African Gold Group, Inc. Announces Filing of Preliminary Eco... |
25/11/2014 | African Gold Group, Inc.: Updated Preliminary Economic Asses... |
29/10/2014 | Kobada Metallurgy Test Work Confirms 85.2% Gold Recovery for... |
28/10/2014 | African Gold Group Unaware of Any Material Change |
04/09/2014 | AGG Appoints David Brown as Company Chairman |
29/07/2014 | African Gold Group Updates on Kobada Feasibility Study |
23/07/2014 | African Gold Group Inc. Completes 2014 Kobada Field Season-B... |
17/07/2014 | African Gold Group, Inc., Appoints Misha Collins Feasibility... |
09/07/2014 | African Gold Group, Inc., Kobada Feasibility Study Work to M... |
19/06/2014 | African Gold Group, Inc.: Bulk Sampling Results Identifies S... |
22/05/2014 | African Gold Group Closes Over-Subscribed Non-Brokered Priva... |
29/04/2014 | African Gold Group Strengthens Mine Development Team With th... |
25/03/2014 | African Gold Group, Inc. Announces Early Warrant Exercise In... |
22/10/2013 | (Kobada), Engineering Team Mobilizes to Commence Metallurgical Test ... |
08/07/2013 | Annual and Special Shareholder Meeting |
20/06/2013 | letter Press Release June 18 2013 |
18/06/2013 | (Kobada)Updated Resources Estimate for Kobada Gold Project Surges to... |
29/05/2013 | KBRC12-160 Intercepts 75 Meters of 3.06 g/t Au; KBRC12-201 I... |
29/05/2013 | KBRC12-160 Intercepts 75 Meters of 3.06 g/t Au; KBRC12-201 I... |
15/05/2013 | KBRC12-084 Intercepts 69 Meters of 2.37 g/t Au; KBRC12-066 I... |
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25/03/2013 | IGE Resources calls for Extra General Meeting, related to th... |
05/02/2013 | (Mankranho)Completes Sale of Mankranho, Ghana Concession for US$4,000,0... |
05/11/2012 | Pope & Company Initiates Equity Research Coverage on African... |
10/10/2012 | (Mankranho)Announces Sale of Mankranho, Ghana Concession for US$4,000,0... |
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29/11/2011 | Nov 30/11 |
26/10/2011 | Featured In The Financial Post, |
25/10/2011 | Oct 25/11 |
14/09/2011 | Sept 14/11 |
25/08/2011 | Featured In The Financial Post, Mining News |
13/07/2011 | July 13/11 |
13/07/2011 | Positive Preliminary Economic Assessment Generates $216.9 Mi... |
01/06/2011 | June 01/11 |
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05/04/2011 | April 05/11 |
29/03/2011 | March 29/11 |
22/03/2011 | March 22/ 11 |
22/03/2011 | 67 RC Drill Holes Shipped to Lab; 3,980 m of Trench Results ... |
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