ABS

Abzu Gold Ltd. ("Abzu" or the "Company") (TSX VENTURE:ABS) is pleased to
announce the completion of its maiden National Instrument (NI) 43-101 Technical
Report and Mineral Resource Estimate on the Nangodi Gold Project located in the
Upper East Region of Northern Ghana.


Bob Baxter, CEO of Abzu, commented: "We are very pleased to announce our maiden
resource estimate on our Nangodi Gold Project in Ghana. The mineralisation is
open along strike and at depth. There are a number of other gold targets on the
Nangodi concession and the adjacent Yameriga concession. Abzu believes its land
and resources hold significant strategic value." 


Nangodi NI 43-101 Technical Report and Mineral Resource Estimate Highlights: 



--  An NI 43-101 compliant Technical Report and Mineral Resource Estimate
    has been independently prepared by Mark J Pryor B.Sc (Hons.),
    FGS,FSEG,Pr.Sci.Nat., and T. Carew. P.Geo, Reserva International. 
--  The report is dated February 20, 2014 and is entitled "The Nangodi Gold
    Project located in the Upper East Region of Northern Ghana 42 degrees
    40'W, 10 degrees 48'N." 
--  A cut off date of August 2013 was used for the database giving a total
    of 116 drill holes (37 - AfricWest and 79 - Abzu) and 14 trenches. 
--  'Reserva' completed a Mineral Resource estimate for the Nangodi project
    with an assay cut-off of 0.50g/t Au. The modelling and resource estimate
    was undertaken using Geovia GEMS V6.3 with a 12.0g/t Au capping level,
    two (2) metre composites and Ordinary Kriging to estimate block grades. 
--  The resource has not been constrained within an optimised pit shell. 
--  The Measured and Indicated resource estimate totals 4.13Mtonnes @
    0.96g/t Au. 
--  The Inferred resource estimate totals 3.16 Mtonnes @ 0.88 g/t Au.


                        Summary of Mineral Resources                       
                            Nangodi Gold Project                           
                                                                           
---------------------------------------------------------------------------
Class          Oxide      Transition   Un-oxidized           Total         
--------- ------------ ------------- ------------- ------------------------
            Tons    AU    Tons    AU    Tons    AU    Tons    AU    AU (Oz)
          (x1000) (g/t) (x1000) (g/t) (x1000) (g/t) (x1000) (g/t) Contained
---------------------------------------------------------------------------
Measured      70  1.44      20  0.98     130  1.51     220  1.44     10,200
---------------------------------------------------------------------------
Indicated    710  0.97     250  0.83   2,950  0.93    3910  0.93    117,000
---------------------------------------------------------------------------
Total M&I    780  1.02     270  0.87   3,080  0.95   4,130  0.96    127,200
---------------------------------------------------------------------------
Inferred     120  0.87      70  0.67    2970  0.89    3160  0.88     89,400
---------------------------------------------------------------------------
- The nominal cut-off grade of 0.5 g/t is based on a long term gold price 
of US$1,400/Troy Ounce, and a processing cost and recovery of US$20/t and   
90% respectively, based on more recent metallurgical test work              



Reccomendations contained within the NI 43-101 Technical Report and Mineral
Resource Estimate include that exploration continues at the Nangodi project with
a phased approach based on the following:




--  Further metallurgical testwork to include a possible bulk sample and/or
    large diameter whole core in order to establish comminution parameters
    and eventual plant design.

--  Infill drilling to allow Inferred Resources to be classified into the M
    & I Resource category.

--  Scoping Study to examine the project economics.



Strong CSR liaison to ensure that there is agreement with the on-going
exploration and potential future mining


A total budget of US$2.6M is proposed in order to meet the recommendations
proposed in the Nangodi NI 43-101 Technical Report and Mineral Resource
Estimate. In particular to complete a scoping study stage to allow the economics
of the project to be verified In addition the metallurgical including
comminution testwork will assist in confirming the process route and recoveries
as well as ascertaining the grain size distribution of the gold and clarifying
the issues with the 'nugget effect'.


Nangodi Discovery Potential: 

The Nangodi concession is 76.7 km2 in size and although the majority of drilling
has been focussed on the Nangodi prospect significant upside remains to be
tested along strike and at depth. A number of targets have been identified in
the Nangodi and Yameriga concessions that have additional exploration potential.


Abzu follows an industry standard quality assurance/quality control (QA/QC)
programme, which consists of regular submission of blanks, duplicates and
standards for its soil, rock chip and drill chip/core sampling and meets
industry standard practices. 


Qualified Person

Bob Baxter, FAusIMM., Abzu's President and Chief Executive Officer and a
qualified person as defined by National Instrument 43-101, has reviewed the
scientific and technical information that forms the basis for this news release.
Mr. Baxter is not independent of the Company as he is an officer and a director
of the Company.


On behalf of the board of directors of ABZU GOLD LTD.

Bob Baxter, President & CEO

Neither 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 press release, which has been prepared by
management.


Cautionary Statement Regarding Forward-Looking Statements

This press release contains "forward-looking statements" within the meaning of
the United States Private Securities Litigation Reform Act of 1995 and "forward
looking information" within the meaning of the British Columbia Securities Act
and the Alberta Securities Act. Generally, the words "expect", "intend",
"estimate", "will" and similar expressions identify forward-looking information.
By their very nature, forward-looking statements are subject to known and
unknown risks and uncertainties that may cause our actual results, performance
or achievements, or that of our industry, to differ materially from those
expressed or implied in any of our forward looking information. Statements in
this press release regarding Abzu's business or proposed business, which are not
historical facts, are forward-looking information that involve risks and
uncertainties, such as estimates and statements that describe Abzu's future
plans, objectives or goals, including words to the effect that Abzu or
management expects a stated condition or result to occur. Since forward-looking
statements address events and conditions, by their very nature, they involve
inherent risks and uncertainties. Actual results in each case could differ
materially from those currently anticipated in such statements. Investors are
cautioned not to place undue reliance on forward-looking statements, which speak
only as of the date they are made. All of the Company's Canadian public
disclosure filings may be accessed via www.sedar.com and readers are urged to
review these materials, including the technical reports filed with respect to
the Company's mineral properties. The foregoing commentary is based on the
beliefs, expectations and opinions of management on the date the statements are
made. The Company disclaims any intention or obligation to update or revise
forward-looking information, whether as a result of new information, future
events or otherwise.




FOR FURTHER INFORMATION PLEASE CONTACT: 
Abzu Gold Ltd.
Bob Baxter
CEO & President
(604) 638-3288
(604) 398-5387 (FAX)
info@abzugold.com

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