African Gold Group Confirms Gold Mineralization in Step Out Drilling Results at New Shear Zone on the Kobada Gold Project

Figure 1

Kobada and Faraba concessions
Kobada and Faraba concessions
Kobada and Faraba concessions

TORONTO, Oct. 20, 2020 (GLOBE NEWSWIRE) — African Gold Group, Inc. (TSX-V: AGG) (“AGG” or the “Company”) is pleased to announce the initial results of the ongoing 10,000 meter Phase 3 drilling program at the Company`s flagship Kobada Gold Project in Southern Mali. Initial drill hole results successfully confirm the gold mineralization at Gosso shear zone and have delineated approximately 750 m of initial strike length. Drilling activity and preliminary results have been promising and are in line with the goals of the Phase 3 drilling program, potentially increasing the resource through strike length extension drilling and increasing conversion of inferred resources to measured and indicated and subsequently into reserves.

Highlights include:

  • Diamond drilling program at Gosso shear zone shows highly mineralized gold ore body with similar traits to the parallel striking Kobada shear zone (

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