African Queen′s JV Partner Abba Mining in Dispute over Portion of Rongo License in Kenya

AFRICAN QUEEN MINES LTD. (the 'Company?) announces that a dispute
has arisen between its joint venture partner, Abba Mining Company Ltd.
('Abba?), owner of Special License No.287 granted January 22, 2010,
covering approximately 112 sq. km. comprising the Rongo Gold Fields
Project in the Rongo district of Southwest Kenya, and B & M Mining
Company ('B & M?), a Kenyan company which held a prior license over
certain portions of the area from 2003 through 2005. B & M is now
asserting that it has valid rights covering 15 sq. km. of the 112 sq. km
under license by Abba due to technical issues related to the termination
of its license. The matter is being adjudicated by Abba in Kenya through
arbitration and possible court action.

According to Irwin Olian, CEO of the Company, 'It is unfortunate that B
& M, which has never to our knowledge done any significant work on the
ground in question and has waited to assert an adverse claim for nearly
5 years until we have and Abba have spent significant sums and
established genuine value for the property would be permitted to proceed
in a disruptive manner. It is particularly troublesome since we had
received a written opinion as to the validity of Abba′s license from the
Commissioner of Mines and Geology prior to commencing our work programs.
The Commissioner also approved the Earn-In and Joint Venture Agreement
between Abba and AQ Kenya Gold Limited prior to commencement of work. We
trust that reason and equity will prevail in this situation and that the
claims of B & M will be set aside.?

The Company is active in Kenya exploring the Rongo Gold Fields Project
with Abba. It has completed its Phase 1 field exploration program and is
now readying targets for a comprehensive core drilling program which is
scheduled to commence within the next few months. The Company is also in
negotiation on several joint ventures with other partners covering other
projects and has applications pending with the Commissioner of Mines and
Geology for exploration licenses covering a number of other highly
prospective areas.

About African-Queen

The Company is an exploratory resource company with diversified mineral
properties in Southern and West Africa. It is exploring its properties
in Mozambique, Kenya and Ghana for gold and other metals and it is
exploring its properties in Botswana and Namibia for diamonds. The
Company′s licenses in Botswana and Namibia comprise approximately 9208
sq km of diamond prospects. In Mozambique it has approximately 230 sq km
of gold and other metals licenses under an agreement with another
company. In Kenya it has approximately 112 sq. km. of gold and other
minerals licenses under an agreement with another company. Its
operations in Botswana are carried out through its operating subsidiary,
PAM Botswana (Pty) Ltd.; its operations in Namibia are carried out
through its operating subsidiary PAM Minerals Namibia (Pty) Ltd.; its
operations in Mozambique are carried out through its subsidiary PAM
Mocambique Limitada and its operations in Ghana are carried out through
its subsidiary AQ Ghana Gold Limited. Its operations in Kenya are being
carried out through its operating subsidiary AQ Kenya Gold Limited. The
Company has its executive offices in Vancouver, Canada.

The TSX Venture Exchange has not reviewed and does not accept
responsibility for the adequacy or accuracy of the content of the
information contained herein. The statements made in this press release
may contain certain forward-looking statements that involve a number of
risks and uncertainties. Actual events or results may differ from the
Company′s expectations.

African Queen Mines Ltd.

Irwin Olian, 604-899-0100

Fax:
604-899-0200

President and CEO

tigertail@africanqueenmines.com

or

Carrie
Howes, Corporate Communications

Email: carrie@africanqueenmines.com

Phone:
Germany - 49 (0) 21141 740411

U.K. - 44 (0) 870 490 5443

Canada
- 1-416-900-3634