African Gold Group, Inc., (TSX VENTURE:AGG) ("AGG" or the "Company") is pleased
to report the analytical results for 72 near surface (oxide), reverse
circulation (RC) drill holes, from the Company's Kobada, Mali gold project. The
holes reported in this press release comprise a portion of the 2012 Feasibility
Study drill program that were infill drilled on 25 meter centers within the
(2011) Zone 1 deposit. Drill collars for the RC holes reported in this release
are collectively located between sections 1480S through to section 2050S.


Near Surface (Oxide) Drill Highlights From Southern Step Out RC Holes Include:



                                                                            
KBRC12-062: 28 m @ 0.90 g/t Au                                              
KBRC12-063: 13 m @ 4.49 g/t Au                                              
KBRC12-066: 20 m @ 1.63 g/t Au & 9 m @ 20.96 g/t Au                         
KBRC12-069: 19 m @ 2.99 g/t Au                                              
KBRC12-074: 33 m @ 0.80 g/t Au                                              
KBRC12-075: 28 m @ 0.99 g/t Au                                              
KBRC12-077: 25 m @ 1.01 g/t Au                                              
KBRC12-078: 69 m @ 1.67 g/t Au                                              
KBD12-117: 20 m @ 4.14 g/t Au                                               
KBRC12-081: 45 m @ 1.05 g/t Au                                              
KBRC12-084: 69 m @ 2.37 g/t Au                                              
KBRC12-087: 67 m @ 0.83 g/t Au                                              
KBRC12-089: 11 m @ 6.86 g/t Au                                              
KBRC12-091: 39 m @ 0.89 g/t Au & 42 m@ 0.76 g/t Au & 12 m @ 1.04 g/t Au     
KBRC12-094: 36 m @ 0.94 g/t Au                                              
KBRC12-098: 97 m @ 0.95 g/t Au                                              
KBD12-116: 13 m @ 2.24 g/t Au & 47 m @ 0.89 g/t Au                          
KBRC12-102: 43 m @ 0.73 g/t Au                                              
KBRC12-105: 39 m @ 1.04 g/t Au & 3 m @ 8.07 g/t Au                          
KBRC12-108: 23 m @ 4.23 g/t Au                                              
KBRC12-125: 51 m @ 0.70 g/t Au                                              
KBRC12-131: 24 m @ 1.08 g/t Au                                              
KBRC12-137: 27 m @ 1.90 g/t Au                                              
KBRC12-144: 48 m @ 1.66 g/t Au                                              
KBRC12-151: 30 m @ 1.19 g/t Au                                              
KBRC12-152: 30 m @ 1.54 g/t Au                                              



The assay results detailing mineralized intercepts for the near surface (oxide)
infill RC holes collared between sections 1480S through to 2050S are listed in
Table 1 below:


TABLE 1



                                                                            
----------------------------------------------------------------------------
                         From      To  Length      Au   Depth               
Section       Hole ID     (m)     (m)     (m)   (g/t)     (m)      Objective
----------------------------------------------------------------------------
1480S      KBRC12-060    1.00    4.00    3.00    0.31     117  Zone 1 infill
           KBRC12-060   37.00   40.00    3.00    0.59                       
           KBRC12-060   50.00   53.00    3.00    0.60                       
----------------------------------------------------------------------------
1480S      KBRC12-061    2.00    5.00    3.00    0.30      99  Zone 1 infill
           KBRC12-061   21.00   28.00    7.00    0.97                       
           KBRC12-061   38.00   44.00    6.00    0.58                       
           KBRC12-061   62.00   65.00    3.00    0.39                       
----------------------------------------------------------------------------
1480S      KBRC12-062   11.00   32.00   21.00    0.46     117  Zone 1 infill
           KBRC12-062   40.00   68.00   28.00    0.90                       
           KBRC12-062   89.00   92.00    3.00    0.30                       
----------------------------------------------------------------------------
1500S      KBRC12-063    8.00   11.00    3.00    0.69     111  Zone 1 infill
           KBRC12-063   24.00   37.00   13.00    4.49                       
----------------------------------------------------------------------------
1500S      KBRC12-064   25.00   28.00    3.00    0.96      93  Zone 1 infill
           KBRC12-064   65.00   73.00    8.00    0.67                       
----------------------------------------------------------------------------
1500S      KBRC12-065    6.00    9.00    3.00    1.64     105  Zone 1 infill
           KBRC12-065   92.00   98.00    6.00    0.86                       
----------------------------------------------------------------------------
1500S      KBRC12-066   14.00   34.00   20.00    1.63     123  Zone 1 infill
           KBRC12-066  114.00  123.00    9.00   20.96                       
----------------------------------------------------------------------------
1500S      KBRC12-067    4.00   12.00    8.00    0.61     129  Zone 1 infill
           KBRC12-067   21.00   24.00    3.00    0.62                       
           KBRC12-067   52.00   63.00   11.00    0.98                       
           KBRC12-067  102.00  109.00    7.00    1.11                       
----------------------------------------------------------------------------
1500S      KBRC12-068    2.00   18.00   16.00    1.14     135  Zone 1 infill
           KBRC12-068   50.00   53.00    3.00    0.57                       
----------------------------------------------------------------------------
1535S      KBRC12-069   10.00   29.00   19.00    2.99     123  Zone 1 infill
           KBRC12-069   43.00   46.00    3.00    0.36                       
----------------------------------------------------------------------------
1535S      KBRC12-070   63.00   70.00    7.00    0.63     129  Zone 1 infill
           KBRC12-070   98.00  110.00   12.00    0.56                       
----------------------------------------------------------------------------
1535S      KBRC12-071    4.00    9.00    5.00    0.67     117  Zone 1 infill
           KBRC12-071  114.00  117.00    3.00    1.10                       
----------------------------------------------------------------------------
1560S      KBRC12-072     NSR                             105  Zone 1 infill
----------------------------------------------------------------------------
1560S      KBRC12-073    2.00   16.00   14.00    1.22     129  Zone 1 infill
----------------------------------------------------------------------------
1560S      KBRC12-074    0.00   33.00   33.00    0.80     129  Zone 1 infill
           KBRC12-074   59.00   66.00    7.00    1.11                       
----------------------------------------------------------------------------
1560S      KBRC12-075   37.00   40.00    3.00    0.61      99  Zone 1 infill
           KBRC12-075   69.00   97.00   28.00    0.99                       
----------------------------------------------------------------------------
1585S      KBRC12-076    0.00    9.00    9.00    0.65      99  Zone 1 infill
           KBRC12-076   33.00   36.00    3.00    0.57                       
----------------------------------------------------------------------------
1585S      KBRC12-077    9.00   34.00   25.00    1.01     117  Zone 1 infill
           KBRC12-077   45.00   48.00    3.00    1.13                       
           KBRC12-077   60.00   71.00   11.00    0.45                       
----------------------------------------------------------------------------
1585S      KBRC12-078   24.00   93.00   69.00    1.67      93  Zone 1 infill
----------------------------------------------------------------------------
1585S      KBRC12-079    2.00   17.00   15.00    1.26     129  Zone 1 infill
           KBRC12-079   33.00   36.00    3.00    1.10                       
           KBRC12-079   50.00   53.00    3.00    0.64                       
           KBRC12-079  106.00  129.00   23.00    0.31                       
----------------------------------------------------------------------------
1620S       KBD12-117   57.50   63.50    6.00    1.37     130  Zone 1 infill
            KBD12-117   73.50   93.50   20.00    4.14                       
            KBD12-117  105.50  109.00    3.50    1.59                       
----------------------------------------------------------------------------
1625S      KBRC12-080    1.00    4.00    3.00    0.79     117  Zone 1 infill
----------------------------------------------------------------------------
           KBRC12-081    8.00   18.00   10.00    0.52     129  Zone 1 infill
           KBRC12-081   26.00   29.00    3.00    0.51                       
           KBRC12-081   46.00   91.00   45.00    1.05                       
           KBRC12-081   99.00  104.00    5.00    0.41                       
           KBRC12-081  114.00  117.00    3.00    0.31                       
           KBRC12-081  126.00  129.00    3.00    0.83                       
----------------------------------------------------------------------------
1650S      KBRC12-082    2.00   11.00    9.00    0.71     129  Zone 1 infill
           KBRC12-082   26.00   29.00    3.00    1.16                       
----------------------------------------------------------------------------
1650S      KBRC12-083    0.00    8.00    8.00    0.66     129  Zone 1 infill
           KBRC12-083   57.00   63.00    6.00    0.90                       
           KBRC12-083   75.00   78.00    3.00    0.56                       
----------------------------------------------------------------------------
1650S      KBRC12-084    0.00    4.00    4.00    0.55     129  Zone 1 infill
           KBRC12-084   60.00  129.00   69.00    2.37                       
----------------------------------------------------------------------------
1675S      KBRC12-085    4.00   10.00    6.00    0.46     129  Zone 1 infill
----------------------------------------------------------------------------
1675S      KBRC12-086   37.00  129.00   92.00    0.55     129  Zone 1 infill
----------------------------------------------------------------------------
1675S      KBRC12-087   60.00   63.00    3.00    0.50     153  Zone 1 infill
           KBRC12-087   85.00  152.00   67.00    0.83                       
----------------------------------------------------------------------------
1700S      KBRC12-088    0.00    9.00    9.00    0.66     105  Zone 1 infill
----------------------------------------------------------------------------
1700S      KBRC12-089    0.00   11.00   11.00    6.86     123  Zone 1 infill
           KBRC12-089   43.00   47.00    4.00    1.49                       
----------------------------------------------------------------------------
1700S      KBRC12-090    5.00   17.00   12.00    0.42     105  Zone 1 infill
           KBRC12-090   32.00   41.00    9.00    0.34                       
           KBRC12-090   54.00   58.00    4.00    1.13                       
           KBRC12-090   69.00   83.00   14.00    0.57                       
           KBRC12-090  102.00  105.00    3.00    0.54                       
----------------------------------------------------------------------------
1700S      KBRC12-091    0.00    4.00    4.00    0.39     147  Zone 1 infill
           KBRC12-091   14.00   17.00    3.00    0.33                       
           KBRC12-091   27.00   30.00    3.00    0.38                       
           KBRC12-091   39.00   78.00   39.00    0.89                       
           KBRC12-091   84.00  126.00   42.00    0.76                       
           KBRC12-091  135.00  147.00   12.00    1.04                       
----------------------------------------------------------------------------
1725S      KBRC12-092    2.00   11.00    9.00    0.94      81  Zone 1 infill
           KBRC12-092   23.00   29.00    6.00    0.37                       
----------------------------------------------------------------------------
1725S      KBRC12-093    0.00   21.00   21.00    0.69     129  Zone 1 infill
           KBRC12-093   32.00   35.00    3.00    0.31                       
           KBRC12-093   48.00   51.00    3.00    0.43                       
----------------------------------------------------------------------------
1725S      KBRC12-094    5.00   41.00   36.00    0.94     111  Zone 1 infill
           KBRC12-094   59.00   71.00   12.00    1.08                       
           KBRC12-094   81.00   84.00    3.00    1.48                       
           KBRC12-094   97.00  101.00    4.00    0.49                       
----------------------------------------------------------------------------
1750S      KBRC12-095    0.00   34.00   34.00    0.42     111  Zone 1 infill
           KBRC12-095   46.00   49.00    3.00    0.36                       
----------------------------------------------------------------------------
1750S      KBRC12-096   37.00   42.00    5.00    0.95     117  Zone 1 infill
           KBRC12-096   57.00   82.00   25.00    1.06                       
           KBRC12-096   91.00  115.00   24.00    0.74                       
----------------------------------------------------------------------------
1775S      KBRC12-097    0.00   21.00   21.00    0.45     123  Zone 1 infill
           KBRC12-097   65.00   80.00   15.00    1.04                       
----------------------------------------------------------------------------
1775S      KBRC12-098    1.00    4.00    3.00    0.31     111  Zone 1 infill
           KBRC12-098   13.00  110.00   97.00    0.95                       
----------------------------------------------------------------------------
1800S      KBRC12-099    3.00    7.00    4.00    0.63      94  Zone 1 infill
           KBRC12-099   41.00   45.00    4.00    0.30                       
           KBRC12-099   54.00   58.00    4.00    0.62                       
           KBRC12-099   67.00   80.00   13.00    1.07                       
----------------------------------------------------------------------------
1815S       KBD12-116    0.00   13.00   13.00    2.24     130  Zone 1 infill
            KBD12-116   28.00   75.00   47.00    0.89                       
            KBD12-116   88.00   91.00    3.00    0.42                       
----------------------------------------------------------------------------
1825S      KBRC12-100    1.00   15.00   14.00    0.40     123  Zone 1 infill
           KBRC12-100   26.00   33.00    7.00    0.33                       
           KBRC12-100  112.00  115.00    3.00    0.42                       
----------------------------------------------------------------------------
1825S      KBRC12-101    9.00   12.00    3.00    0.44     123  Zone 1 infill
           KBRC12-101   27.00   44.00   17.00    0.70                       
           KBRC12-101   69.00   92.00   23.00    0.65                       
           KBRC12-101   99.00  102.00    3.00    0.36                       
----------------------------------------------------------------------------
1825S      KBRC12-102    1.00   44.00   43.00    0.73     123  Zone 1 infill
           KBRC12-102   91.00   97.00    6.00    1.53                       
----------------------------------------------------------------------------
1850S      KBRC12-103    6.00   14.00    8.00    0.42     123  Zone 1 infill
----------------------------------------------------------------------------
1850S      KBRC12-104    1.00   13.00   12.00    0.59     123  Zone 1 infill
           KBRC12-104   28.00   78.00   50.00    0.66                       
           KBRC12-104   87.00   90.00    3.00    0.38                       
           KBRC12-104  113.00  123.00   10.00    1.32                       
----------------------------------------------------------------------------
1850S      KBRC12-105   20.00   59.00   39.00    1.04     138  Zone 1 infill
           KBRC12-105   76.00   79.00    3.00    8.07                       
           KBRC12-105   93.00   97.00    4.00    0.92                       
           KBRC12-105  104.00  115.00   11.00    0.86                       
           KBRC12-105  133.00  136.00    3.00    0.34                       
----------------------------------------------------------------------------
1875S      KBRC12-106   69.00   72.00    3.00    0.37      99  Zone 1 infill
           KBRC12-106   83.00   86.00    3.00    0.34                       
           KBRC12-106   96.00   99.00    3.00    1.19                       
----------------------------------------------------------------------------
1875S      KBRC12-107   27.00   30.00    3.00    0.33     117  Zone 1 infill
           KBRC12-107   37.00   46.00    9.00    2.86                       
----------------------------------------------------------------------------
1875S      KBRC12-108    1.00    8.00    7.00    1.10     123  Zone 1 infill
           KBRC12-108   19.00   25.00    6.00    0.47                       
           KBRC12-108   32.00   38.00    6.00    0.61                       
           KBRC12-108   80.00  103.00   23.00    4.23                       
----------------------------------------------------------------------------
1900S      KBRC12-109   18.00   21.00    3.00    0.45     123  Zone 1 infill
           KBRC12-109   89.00  101.00   12.00    0.57                       
----------------------------------------------------------------------------
1900S      KBRC12-110    2.00   16.00   14.00    0.38     123  Zone 1 infill
           KBRC12-110   32.00   66.00   34.00    0.61                       
           KBRC12-110   73.00  100.00   27.00    0.57                       
----------------------------------------------------------------------------
1925S      KBRC12-111    0.00    3.00    3.00    0.68     105  Zone 1 infill
           KBRC12-111   48.00   51.00    3.00    2.93                       
           KBRC12-111  101.00  104.00    3.00    0.61                       
----------------------------------------------------------------------------
1925S      KBRC12-112   17.00   21.00    4.00    0.62     147  Zone 1 infill
           KBRC12-112   71.00   76.00    5.00    0.38                       
           KBRC12-112   86.00   89.00    3.00    2.21                       
----------------------------------------------------------------------------
1950S      KBRC12-113   54.00   63.00    9.00    2.01      99  Zone 1 infill
           KBRC12-113   72.00   82.00   10.00    0.94                       
----------------------------------------------------------------------------
1950S      KBRC12-114   21.00   24.00    3.00    0.44     123  Zone 1 infill
           KBRC12-114   31.00   34.00    3.00    0.68                       
           KBRC12-114   48.00   51.00    3.00    0.86                       
           KBRC12-114   76.00   79.00    3.00    0.31                       
----------------------------------------------------------------------------
1950S      KBRC12-115    0.00   49.00   49.00    0.59     129  Zone 1 infill
           KBRC12-115  100.00  104.00    4.00    0.54                       
           KBRC12-115  117.00  129.00   12.00    0.39                       
----------------------------------------------------------------------------
1975S      KBRC12-116    2.00    5.00    3.00    0.46     105  Zone 1 infill
           KBRC12-116   24.00   31.00    7.00    0.44                       
----------------------------------------------------------------------------
1975S      KBRC12-117    0.00    3.00    3.00    0.70     129  Zone 1 infill
           KBRC12-117   18.00   72.00   54.00    0.68                       
           KBRC12-117   94.00  105.00   11.00    0.75                       
----------------------------------------------------------------------------
1975S      KBRC12-118   26.00   39.00   13.00    1.26     115  Zone 1 infill
           KBRC12-118   51.00   54.00    3.00    3.22                       
           KBRC12-118   75.00   78.00    3.00    0.42                       
           KBRC12-118   90.00  114.00   24.00    0.42                       
----------------------------------------------------------------------------
2000S      KBRC12-119    0.00    3.00    3.00    1.14      99  Zone 1 infill
----------------------------------------------------------------------------
2000S      KBRC12-120   33.00   46.00   13.00    0.42     111  Zone 1 infill
           KBRC12-120   78.00   81.00    3.00    0.53                       
----------------------------------------------------------------------------
2000S      KBRC12-121    6.00   12.00    6.00    1.18     135  Zone 1 infill
           KBRC12-121   26.00   32.00    6.00    0.72                       
           KBRC12-121   49.00   52.00    3.00    0.40                       
           KBRC12-121   60.00   63.00    3.00    0.73                       
           KBRC12-121   73.00   76.00    3.00    1.49                       
           KBRC12-121   88.00   91.00    3.00    0.40                       
           KBRC12-121  101.00  105.00    4.00    0.56                       
           KBRC12-121  124.00  128.00    4.00    0.96                       
----------------------------------------------------------------------------
2000S      KBRC12-122   14.00   54.00   40.00    0.65     111  Zone 1 infill
----------------------------------------------------------------------------
2010S       KBD12-115    0.00   10.00   10.00    0.51     130  Zone 1 infill
            KBD12-115   24.00   27.00    3.00    2.73                       
            KBD12-115   38.00   42.00    4.00    1.33                       
            KBD12-115   55.00   60.00    5.00    0.99                       
            KBD12-115   73.00   75.50    2.50    4.03                       
            KBD12-115  125.50  128.50    3.00    0.40                       
----------------------------------------------------------------------------
2030S      KBRC12-123    3.00   15.00   12.00    0.31      99  Zone 1 infill
           KBRC12-123   29.00   32.00    3.00    0.44                       
----------------------------------------------------------------------------
2030S      KBRC12-124   15.00   26.00   11.00    1.01     123  Zone 1 infill
           KBRC12-124   38.00   61.00   23.00    0.52                       
----------------------------------------------------------------------------
2030S      KBRC12-125    0.00   51.00   51.00    0.70     135  Zone 1 infill
           KBRC12-125   83.00   88.00    5.00    0.53                       
           KBRC12-125   96.00  106.00   10.00    0.27                       
           KBRC12-125  116.00  119.00    3.00    0.69                       
----------------------------------------------------------------------------
2030S      KBRC12-126   29.00   32.00    3.00    0.78     111  Zone 1 infill
           KBRC12-126   47.00   60.00   13.00    0.63                       
           KBRC12-126   68.00   79.00   11.00    0.31                       
           KBRC12-126    0.00   14.00   14.00    0.68                       
----------------------------------------------------------------------------
2050S      KBRC12-127   28.00   42.00   14.00    0.62     129  Zone 1 infill
           KBRC12-127   40.00   44.00    4.00    0.59                       
           KBRC12-127   61.00   64.00    3.00    0.32                       
           KBRC12-127   83.00   86.00    3.00    0.35                       
           KBRC12-127  124.00  129.00    5.00    0.82                       
----------------------------------------------------------------------------
2050S      KBRC12-128   18.00   22.00    4.00    0.64     129  Zone 1 infill
           KBRC12-128   34.00   41.00    7.00    0.33                       
           KBRC12-128   54.00   63.00    9.00    0.66                       
           KBRC12-128   82.00   97.00   15.00    1.23                       
           KBRC12-128  105.00  110.00    5.00    0.43                       
----------------------------------------------------------------------------
                                                                            
 1.   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. Intercepts are
      drilled lengths and may not be true width within a structure dipping  
      70 degrees to 80 degrees                                             
 2.   Up to 7 m of horizontal "waste" included within mineralized intercept 
 3.   NSR: no significant results                                           



"Today's results lend further credibility to the extent of gold mineralization
contained within AGG's Kobada, Mali gold project. Increasing drill density from
50 meter centers to 25 meter centers is anticipated to have a positive impact on
increasing average gold grade within the overall Kobada deposit as well as
upgrading the resource from the Inferred category to Measured and Indicated. At
present, the overall strike length of the Kobada gold project now stands at
3,200 meters, representing an increase in strike length of 1,500 meters,
relative to the 1,700 meters of strike length reported in the July 14, 2011
press release that detailed the results of the Kobada Preliminary Economic
Assessment. We are encouraged to report that Kobada remains open along strike in
both directions (north/south), at depth and to the west of the current
resource," states AGG President, Michael A. Nikiforuk.


Kobada Review

On July 14, 2011 AGG announced the results of a positive NI 43-101 Preliminary
Economic Assessment (the "PEA" or the "Study") that evaluates the potential of
an open pit, bulk mining model, utilizing a gravity recovery process plant, at
the Company's Kobada (Mali) gold project. The PEA incorporates and includes
drill data up to the end of December, 2010. There is no drill data from either
the 2011 or 2012 campaign included in the PEA. More specifically, the PEA does
not incorporate drill data for the northern extension holes that hold potential
to extend Zone 1 up to 2 kilometers north of the Zone 1 deposit, in addition,
the PEA does not incorporate the 2011 southern holes that hold potential to
extend Zone 1 up to 1.55 kilometers south of the Zone 1 deposit, nor does the
Study include any potential from the newly discovered Foroko North deposit, the
newly discovered Termite Zone or the recently announced Gosso discovery zone,
the latter three discovery zones being separate and distinct structures from
Zone 1.


Project Economics - Base Case

The PEA estimates an after-tax Net Present Value (NPV) of US$216.9 million from
commencement of construction and an after-tax Internal Rate Of Return (IRR) of
90.57% using a base case of US$1,100 per ounce of gold and a discount rate of
5%.


The Kobada project base case is for processing 20,000 tonnes per day for a total
of 7,000,000 tonnes per year in a gravity process plant that is projected to
recover 85% of the gold contained in 41,750,000 tonnes of lateritic material
assaying 0.64 g/t Au, for average annual production of 126,600 ounces of gold
for the first five years of operation. The average annual operating cost is
calculated to be US$8.27/t for the first five years of operation with a CAPEX of
US$122,500,000. The project produces gold at the direct cost of US$470.90 per
ounce. The Study demonstrates that the Kobada gold project is economically
optimized by adopting bulk mining versus selective mining. The direct
implications of bulk mining are demonstrated in a substantial increase in
tonnage and recoverable gold but with an associated decrease in the average gold
grade. Please visit www.africangoldgroup.com to review the entire content of
AGG's July 14, 2011 press release announcing the results of the positive
Preliminary Economic Assessment.


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 picked up on site by ALS Chemex
Laboratories for delivery to its Burkina Faso facilities. 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 checks (1 in 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. 


African Gold Group, Inc., based in Toronto, Canada, is fully focused on
transitioning from an exploration / development company into a gold producer. In
conjunction with this objective, a full Feasibility Study is currently underway
for AGG's Kobada, Mali gold project. The Company is projecting the Feasibility
Study will be completed in Q4/2013, at which time, the Company will submit an
application to obtain an Exploitation License to the appropriate Malian
authorities.


Mineral resources that are not mineral reserves do not have demonstrated
economic viability. The preliminary assessment includes inferred mineral
resources that are considered too speculative geologically to have the economic
considerations applied to them that would enable them to be categorized as
mineral reserves, and there is no certainty that the preliminary assessment will
be realized.


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

FOR FURTHER INFORMATION PLEASE CONTACT: 
African Gold Group, Inc.
Michael A. J. Nikiforuk
President, Director
(647) 288-0453
majn@africangoldgroup.com
www.africangoldgroup.com

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