African Gold Group, Inc., One Kilogram Gold Nugget Discovered by Artisanal Miners at Kobada, Mali
29 Enero 2014 - 8:00AM
Marketwired
African Gold Group, Inc., One Kilogram Gold Nugget Discovered by
Artisanal Miners at Kobada, Mali
TORONTO, ONTARIO--(Marketwired - Jan 29, 2014) - African Gold
Group, Inc. ("AGG" or the "Company") (TSX-VENTURE:AGG) is pleased
to report that local artisanal miners have discovered a one
kilogram gold nugget at the Company's Kobada, Mali gold
project.
AGG geologists, on site at Kobada, Mali, have recorded the UTM
coordinates of the discovery at 54591E, 1289982N in the vicinity of
Section 800 South of the Zone 1 deposit. Please activate the link
to view the Kobada concession map, the location of the discovery of
the one kilogram gold nugget and a inset image of the gold nugget:
http://media3.marketwire.com/docs/AGG1.jpg
Of note, on February 26, 2008 the Company similarly announced
the discovery of a 2.7 Kilogram gold nugget at Kobada, Mali. AGG
geologists recorded the UTM coordinates of this discovery at
543261E, 1290951N. Please click on the link to view an image of the
2.7 kilogram gold nugget:
http://media3.marketwire.com/docs/AGG2.jpg
While the 1 kilogram nugget was discovered within the Zone 1
deposit, the location of the discovery of the 2.7 kilogram gold
nugget is a considerable distance from the site of any work
undertaken by AGG and speaks to the general prospective nature of
the overall Kobada concession. Please click on the link to view the
Kobada concession map and the location of the discovery of the 2.7
kilogram gold nugget:
http://media3.marketwire.com/docs/AGG3.jpg
AGG geologists describe both gold nuggets as being "local."
These factors are indicative of the nuggets not having travelled
very far from their respective points of origin. It is hypothesized
that the gold nuggets were weathered out of a quartz-carbonate
vein.
"Kobada shares a common characteristic of many established
mining districts throughout the West African theater, that being
the presence of extensive local artisanal mining. It is this
feature or characteristic that has attracted the western miner(s)
to the region, to test the depth extent of gold mineralization and
in several instances, has resulted in world class mining projects -
Syama, Sadiola and Siguri to name a few. The local population have
been exploring and mining the Kobada region for hundreds of years
and can still find new resources within sight of old workings,"
states AGG President, Michael A. Nikiforuk.
AGG Interview: Kobada Pilot Plant
AGG President, Michael Nikiforuk and Director, Pierre Lalande
recently discussed the initial findings of the Kobada Pilot Plant
testing program on a taped video conference hosted by Torrey Hills
Capital, an investor relations group that has been engaged by the
Company. The (approximate) 40 minute archived telecast of that
video conference is now available for viewing at the following
link: http://www.screencast.com/t/3bAikajIA
African Gold Group, Inc., based in Toronto, Canada, is fully
focused and committed to putting its Kobada, Mali gold project into
production.
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
Neither the TSX Venture Exchange nor its Regulation Services
Provider (as that term is defined in the policies of the TSX
Venture Exchange) accepts responsibility for the adequacy or
accuracy of this release.
African Gold Group, Inc.Michael A. J. Nikiforuk(647)
288-0453majn@africangoldgroup.comwww.africangoldgroup.com
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