AAM Artemis Vct Plc

PR Newswire

GXG Markets: AAM:G4 (www.gxgmarkets.co.uk )

ISIN:IE00B66ML191

WKN: A0N9YH

21st August 2014 London

ANGLO-AFRICAN MINERALS PLC ( "AAM" or the "Company" )

Drilling Update FAR Bauxite Project, in the Kindia Region of Guinea.

Anglo-African Minerals plc ( GXG:AAM:G4 ), the GXG quoted mineral exploration
company focused on West Africa, is pleased to deliver an update to its
shareholders regarding the results from the recent drilling campaign on the FAR
bauxite licence in the Kinida Prefecture in Guinea.

In May 2014, the company engaged Toumnyne Drilling contractors in Guinea, to
undertake a drilling campaign on a 600 by 600 meter grid to a depth of 20
meters which focused on the Samaya and Elevation 955 plateau located on the FAR
licence in the Kinida Prefecture.

The initial results have highlighted that both Samaya and Elevation 955 have
highly prospective targets indicating potential grades between 42% and 49%
alumina content. The intention is to concentrate on the development of the
Samaya plateau in the first instance, with a second drilling campaign covering
a 300 meter by 300 meter grid planned for October 2014.

Armed with this information, the Company is currently working towards the
completion of an Inferred Resource Statement for both Samaya and Elevation 955
plateau, which is scheduled to be completed by September 2014.

Hans Verschuur, Technical Director commented: " This is a highly interesting
development, particularly as the plateaus are located adjacent to the Kinida
mine, which is being operated by Rusal. We look forward to updating
shareholders in due course"

Contact Details:

Mr James Lumley
Chief Executive Officer
jlumley@aamplc.com

Kelsey Traynor
Yellow Jersey PR
+447799 003 220

Notes to Editors

Anglo-African Minerals is a mineral exploration company focused on West Africa.
The Company's main objective is to explore and advance its bauxite projects
located in Guinea. The Company owns the rights to 4 exploration bauxite
licences with a potential resources of 3 billion tonnes. Its focus is to
achieve near term production whilst developing other assets.

It has four licences: FAR, Somalu, Toubal and Mintep at various stages of
development, FAR and Somalu are the projects closest to rpodcution with bauxite
estimated to be exported by 2016.