African Gold Group, Inc.
TSX VENTURE : AGG

African Gold Group, Inc.

November 30, 2010 09:02 ET

African Gold Group, Inc. Intercepts 64 Meters of 2.57 g/t Au, From Surface and 79 Meters of 1.03 g/t Au-Hole Ends in Mineralization, at Kobada, Mali

TORONTO, ONTARIO--(Marketwire - Nov. 30, 2010) - African Gold Group, Inc., ("AGG" or the "Company") (TSX VENTURE:AGG) is pleased to report the analytical results for 14 near surface (oxide) drill holes, of which 11 holes comprise reverse circulation (RC) drilling and 3 holes comprise diamond drill holes. All holes are infill holes that consisted of either definition drilling, testing of the hanging wall or testing east-west tension gashes. Fifty percent of the holes being reported in this release ended in mineralization. (Please activate link to view Zone 1 S Plan Map) http://media3.marketwire.com/docs/agg1130_Zone1SPlanMap.pdf.

Near Surface (Oxide) Drill Highlights Include:

RPA10-16: 79 m @ 1.03 g/t Au – hole ended in mineralization @ 114 m
RPA10-14: 64 m @ 2.57 g/t Au, incl. 1 m @ 98.68 g/t Au
RPA10-09: 19 m @ 2.45 g/t Au, incl. 1 m @ 32.99 g/t Au

The assay results depicting the 14 near surface (oxide) holes drilled within Zone 1 are listed in Table 1 below:

TABLE 1

Section Hole ID From
(m)
To
(m)
L
(m)
Au
(g/t)
EOH
(m)
Deg.
(TN)
  Hole
objective
2300S RPA10-016 0 3 3 0.45   290   Definition
    17 20 3 1.06        
    35 114 79 1.03 114     Ended In Mineralization @ 114m
  including 90 91 1 10.90        
2350S RPA10-014 0 64 64 2.57   290   Definition
  including 11 12 1 98.68        
  including 21 22 1 11.05        
    75 78 3 0.60 102      
2350S RPA10-017 0 19 19 0.42   290   Testing foot wall
    34 45 11 0.57        
    61 64 3 0.35        
    76 83 7 0.36        
    97 104 7 0.48 104     Ended In Mineralization @ 104m
2450S RPA10-010 12 19 7 0.55   290   Definition
    71 90 19 0.50 90     Ended In Mineralization @ 90m
2450S RPA10-011 0 11 11 1.02   290   Definition
    28 43 15 1.05        
    121 125 4 0.70 125     Ended In Mineralization @ 125m
2500S RPA10-009 4 7 3 0.80   290   Definition
    51 70 19 2.45 78      
  including 52 53 1 32.99        
2150S RPA10-021 0 4 4 0.35   290   Definition
    10 27 17 0.40        
    43 48 5 0.38        
    68 101 33 0.76        
    120 126 6 0.44 126     Ended In Mineralization @ 126m
2150S RPA10-022 0 17 17 0.52   290   Definition
    30 35 5 0.81       Ending in foot wall
    61 72 11 0.79 126      
2175S KBD10-106 7.9 11.2 3.3 0.27   197   Definition and testing tension gashes
    36.5 54.5 18 0.55        
    63.6 67.4 3.8 0.83        
    77 79.5 2.5 1.59 109      
2225S KBD10-107 5.5 14.9 9.4 0.42   197   Definition and testing tension gashes
    66.1 95.5 29.4 0.58        
    106.5 114.6 8.1 0.53 115      
2250S RPA10-018 0 31 31 0.69   290   Definition
    51 87 36 0.79        
    115 121 6 0.31 126      
2250S RPA10-019 0 4 4 2.40   290   Definition
    37 58 21 0.32        
    93 108 15 0.76 108     Ended In Mineralization @ 108m
2250S RPA10-020 0 14 14 0.38   290   Testing foot wall
    75 78 3 0.33        
    87 91 4 0.71        
    102 123 21 0.33 125      
2275S KBD10-108 3.5 8 4.5 0.77   197   Definition and testing tension gashes
    34.5 77.8 43.3 0.64 78      
Notes:
1)   In-fill holes drilled a N290 degrees azimuth are perpendicular to Zone 1 strike
2)   In-fill holes drilled in other azimuth are designed to test for the density of occurrence of mineralized tension gashes perpendicular to Zone 1 strike
3)   Significant drilled intercepts have a minimum length of 3m at 0.3 g/t or the product "Length X Grade" greater than 0.9 g.m/t
4)   Up to 5m of horizontal "waste" included within mineralized intercept

"The results of our 2010 drill campaign continue to demonstrate a substantial increase in tonnage and grade within the Zone 1 deposit. We note that 50% of the holes reported in this press release have ended in mineralization, boding well for future development. In addition, what is also becoming abundantly clear and of great importance is the noted significant increase in grade and the length of mineralized intercepts in the southern region of the Zone 1 deposit, commencing on section 2300S and continuing 500 meters south, through to section 2800S. We emphasize that section 2800S is a distance of 200 meters beyond the mineralized envelope that contains AGG's 43-101 initial resources estimate of approximately 740,000 oz's Au @ 1.25 g/t Au, using a 0.3 g/t Au cutoff. Our Zone 1 southern region remains open at depth, to the south and to the west. On August 31 and November 16, 2010 AGG announced additional southern holes which fully supports and confirms our above stated assertions," states AGG President and Director, Michael A. Nikiforuk.

(Please activate link to view cross section of 2350S) http://media3.marketwire.com/docs/agg1130_Section2350S.pdf.

Near Surface Southern Drill Highlights From 2010 Campaign: Section(s) 2800S, 2750S & 2700S:

RPA10-003: 44 m @ 2.11 g/t Au, includes 3 m @ 19.30 g/t Au (hole ended in mineralization @ 75 m)
RPA10-005: 37 m @ 1.47 g/t Au, includes 5 m @ 7.48 g/t Au (hole ended in mineralization @ 110 m)
RPA10-006: 26 m @ 1.09 g/t Au, (hole ended in mineralization @ 102 m)
RPA10-08A: 102 m @ 1.00 g/t Au, (hole ended in mineralization @ 102 m)
RPA10-08: 45 m @ 1.57

For a complete review of AGG's press releases of August 31 and November 16, 2010, please activate the link: http://www.africangoldgroup.ca/index.php?option=com_content&view=category&id=47&Itemid=100.

Under the guidelines of National Instrument 43-101, the qualified person for the Kobada Gold Project is Mr. Pierre Lalande, P. Geo. Mr. Lalande is a member of the Association of Professional Geoscientists of Ontario and has reviewed and approved the contents of this news release.

Sampling - QA/QC Program

RC cuttings are recovered at the bottom outlet of the RC rig cyclone into 50-kg capacity poly-weave bags to recover the cuttings from each 1 meter of drill penetration. Each one meter sample weighs an average of approximately 19 to 23 kg. Each sample is passed through a 3-tier Jones Riffler (1 to 8 split), the samples are riffled twice to obtain from 3 to 5 kg of cuttings which are put in a numbered sample bag. Each bag is sealed and dispatched to the ALS Chemex laboratory located in Burkina Faso. The remaining 14 to 18 kg of cuttings (field rejects) are stored in camp under tarps to protect the bags against the elements.

Original samples are analyzed using Leachwell on 2 kg of pulp. Leachwell is a bottle roll cyanidation procedure with the addition of a catalyst to speed up gold dissolution. A QA/QC program is in place and includes: blank (1 in 20 samples), duplicates (1 in 20), standards (1 in 20), external lab checks (1 in 30) and two different analytical procedures check (1 in 100).

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: Sun Life Financial Tower, Suite 2518, 150 King St. West, Toronto, Canada M5H 1J9.

On Behalf of the Board:

Michael A. J. Nikiforuk, President, Director

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.

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