Miyabi drilling update

20 September 2011

African Eagle Resources plc

JV PARTNER ANNOUNCES DRILL RESULTS AT MIYABI GOLD PROJECT

African Eagle Resources plc (“African Eagle“ or “the Company“; AIM: AFE; AltX:
AEA) is pleased to report that its joint venture partner BrightStar Resources
Ltd (“BrightStar“) has announced that its drilling programme at Miyabi gold
project in Tanzania had discovered a substantial additional gold mineralised
system.

Results include:

* MBRB637 9m at 0.89g/t Au from 18m, including 3m at 1.76g/t
* MBRB654 7m at 0.64g/t Au from 18m
* MBRB668 1m at 6.08g/t Au from 24m
* MBRB702 18m at 0.99g/t Au from 0m, including 6m at 2.56g/t Au from 0m


BrightStar's results confirm African Eagle's belief that the Miyabi structural
corridor is highly prospective and that systematic exploration will be likely to
make significant additions to the 0.5 million ounce resource delineated by the
Company.

BrightStar Technical Director Mr Paul Payne said: “We continue to be encouraged
by the results from this first pass RAB program. We have discovered a gold
mineralised system similar in geometry and nature to the Miyabi Structural
Corridor which hosts the 520,000oz Mineral Resource. Deeper drilling will
proceed in the next few weeks.“

Four gold mineralised structures have now been discovered, from 20m to 150m
wide, all requiring follow-up drilling. The gold mineralisation is strongly open
to the east where prospective greenstones remain untested for a further 3km.

Several of these shallow reconnaissance drill holes ended in mineralisation and
the discovery will now be followed up by a programme of deeper reverse
circulation (“RC“) drilling. All the mineralised intersections are in oxidized
rock and it is likely that the gold grades will be higher in fresh rock beneath,
as has been seen elsewhere in the Miyabi project.

The drilling programme consisted of shallow RAB holes at 30m spacing along
fences 200m apart. Approximately 400 holes were completed with average depth of
about 27m and to date, results have been received for around 60% of the holes.

The Miyabi gold project is a Joint Venture between African Eagle and ASX-listed
BrightStar Resources Ltd, under which BrightStar can earn up to 75% of the
project by completing exploration and a feasibility study.A table of all
mineralised intersections is set out in the appendix to this release and full
details of the Miyabi drilling programme and results can be found on
BrightStar's web site: http://brightstarresources.com.au/

Qualified Person

Information in this report relating to reported exploration results is based on
Brightstar's data reviewed by Mr Christopher Davies BSc, MSc, DIC, FSEG,
FAusIMM, Operations Director for African Eagle, who is a Fellow of the
Australasian Institute of Mining and Metallurgy, has more than 30 years'
relevant experience in mineral exploration, and is a Qualified Person under AIM
rules. Mr Davies consents to the inclusion of the information in the form and
context in which it appears.

For further information please see the Company's web site at
www.africaneagle.co.uk or contact one of the following:

African Eagle Resources plc
Mark Parker (Managing Director)
Euan Worthington (Chairman)
Sandra Spencer (PR Consultant)
+44 20 7248 6059
+44 77 5640 6899
+44 75 1535 7790

Canaccord Genuity Limited
Andrew Chubb
Bhavesh Patel
+44 20 7050 6500

Ocean Equities Limited
Guy Wilkes
+44 20 7786 4370

Russell & Associates, Johannesburg
Charmane Russell
Marion Brower
+27 11 8803924
+27 82 8928052

Appendix

List of all drill intersections greater than 0.1g/t gold

+---------------------------------------------------+--------------------------+
| Collar Location and Orientation (local grid) | Intersection > 0.1ppm Au |
+---------------------------------------------------+--------------------------+
| Hole Type X Y Z Total Dip Azimuth|From To Length Au |
| Depth |(m) (m) (m) (ppm)|
+---------------------------------------------------+--------------------------+
|MBRB478 RAB 5,600 20,176 1,201 33 -60 0 | 6 9 3 0.25 |
+---------------------------------------------------+--------------------------+
|MBRB479 RAB 5,600 20,206 1,200 30 -60 0 | 18 21 3 0.11 |
| | |
|               and | 27 30 3 0.22 |
| | (eoh) |
+---------------------------------------------------+--------------------------+
|MBRB486 RAB 5,599 20,415 1,200 23 -60 0 | 21 23 2 0.27 |
| | (eoh) |
+---------------------------------------------------+--------------------------+
|MBRB489 RAB 5,600 20,506 1,204 25 -60 0 | 0 3 3 0.21 |
+---------------------------------------------------+--------------------------+
|MBRB491 RAB 5,999 20,317 1,200 33 -60 0 | 15 18 3 0.14 |
+---------------------------------------------------+--------------------------+
|MBRB503 RAB 6,000 20,663 1,198 30 -60 0 | 21 30 9 1.82 |
| | (eoh) |
+---------------------------------------------------+--------------------------+
|MBRB510 RAB 6,000 20,865 1,200 27 -60 0 | 6 9 3 0.30 |
+---------------------------------------------------+--------------------------+
|MBRB513 RAB 5,998 20,949 1,195 25 -60 0 | 9 12 3 0.34 |
+---------------------------------------------------+--------------------------+
|MBRB519 RAB 6,200 20,463 1,196 33 -60 0 | 18 21 3 0.23 |
+---------------------------------------------------+--------------------------+
|MBRB524 RAB 6,202 20,610 1,197 27 -60 0 | 3 9 6 0.13 |
+---------------------------------------------------+--------------------------+
|MBRB526 RAB 6,202 20,667 1,196 24 -60 0 | 6 18 12 0.32 |
+---------------------------------------------------+--------------------------+
|MBRB534 RAB 6,200 20,895 1,195 30 -60 0 | 18 24 6 1.14 |
| | |
|             including | 21 24 3 2.11 |
+---------------------------------------------------+--------------------------+
|MBRB535 RAB 6,200 20,926 1194 27 -60 0 | 12 27 15 0.21 |
| | (eoh) |
+---------------------------------------------------+--------------------------+
|MBRB558 RAB 6,400 20,989 1190 29 -60 0 | 18 29 11 0.16 |
| | (eoh) |
+---------------------------------------------------+--------------------------+
|MBRB561 RAB 6,600 20,408 1186 30 -60 0 | 12 27 15 0.27 |
+---------------------------------------------------+--------------------------+
|MBRB579 RAB 6,601 20,923 1187 16 -60 0 | 9 16 7 0.27 |
| | (eoh) |
+---------------------------------------------------+--------------------------+
|MBRB593 RAB 6,802 20,790 1179 27 -60 0 | 21 24 3 0.10 |
+---------------------------------------------------+--------------------------+
|MBRB602 RAB 7,001 20,958 1170 21 -60 0 | 15 18 3 0.15 |
+---------------------------------------------------+--------------------------+
|MBRB610 RAB 7,202 20,574 1175 27 -60 0 | 18 21 3 0.22 |
+---------------------------------------------------+--------------------------+
|MBRB611 RAB 7,199 20,608 1175 29 -60 0 | 6 9 3 0.17 |
+---------------------------------------------------+--------------------------+
|MBRB617 RAB 7,198 20,979 1171 21 -60 0 | 12 15 3 0.18 |
+---------------------------------------------------+--------------------------+
|MBRB625 RAB 6,601 20,955 1190 27 -60 0 | 3 6 3 0.20 |
| | |
|               and | 21 24 3 0.12 |
+---------------------------------------------------+--------------------------+
|MBRB626 RAB 6,601 20,975 1190 22 -60 0 | 21 22 1 0.27 |
| | (eoh) |
+---------------------------------------------------+--------------------------+
|MBRB627 RAB 6,605 21,012 1190 30 -60 0 | 24 30 6 0.12 |
| | (eoh) |
+---------------------------------------------------+--------------------------+
|MBRB628 RAB 6,597 21,043 1190 31 -60 0 | 18 27 9 0.16 |
+---------------------------------------------------+--------------------------+
|MBRB636 RAB 5,798 20,349 1217 27 -60 0 | 18 27 6 0.13 |
| | (eoh) |
+---------------------------------------------------+--------------------------+
|MBRB637 RAB 5,797 20,378 1217 27 -60 0 | 18 27 9 0.89 |
| | (eoh) |
| | |
|             including | 24 27 3 1.76 |
| | (eoh) |
+---------------------------------------------------+--------------------------+
|MBRB649 RAB 5,801 20,722 1217 25 -60 0 | 18 21 3 0.12 |
+---------------------------------------------------+--------------------------+
|MBRB653 RAB 5,797 20,839 1217 25 -60 0 | 15 24 9 0.29 |
+---------------------------------------------------+--------------------------+
|MBRB654 RAB 5,794 20,868 1217 25 -60 0 | 18 25 7 0.64 |
| | (eoh) |
+---------------------------------------------------+--------------------------+
|MBRB668 RAB 7,402 20,826 1168 25 -60 0 | 24 25 1 6.08 |
| | (eoh) |
+---------------------------------------------------+--------------------------+
|MBRB669 RAB 7,402 20,858 1167 25 -60 0 | 0 3 3 0.16 |
+---------------------------------------------------+--------------------------+
|MBRB671 RAB 7,400 20,916 1167 25 -60 0 | 0 3 3 0.15 |
| | |
|               and | 24 25 1 0.23 |
| | (eoh) |
+---------------------------------------------------+--------------------------+
|MBRB688 RAB 7,600 20,838 1170 25 -60 0 | 24 25 1 0.10 |
| | (eoh) |
+---------------------------------------------------+--------------------------+
|MBRB694 RAB 7,600 21,023 1170 25 -60 0 | 18 24 6 0.30 |
+---------------------------------------------------+--------------------------+
|MBRB699 RAB 8,003 20,542 1165 25 -60 0 | 12 15 3 0.12 |
| | |
|               and | 24 25 1 0.58 |
| | (eoh) |
+---------------------------------------------------+--------------------------+
|MBRB700 RAB 8,001 20,574 1165 25 -60 0 | 15 18 3 0.18 |
+---------------------------------------------------+--------------------------+
|MBRB702 RAB 8,001 20,629 1165 25 -60 0 | 0 18 18 0.99 |
| | |
|             including | 0 6 6 2.56 |
+---------------------------------------------------+--------------------------+
|MBAC176 AC 7,001 20,682 1176 33 -60 0 | 27 30 3 0.15 |
+---------------------------------------------------+--------------------------+
|MBAC182 AC 7,207 20,773 1172 36 -60 0 | 18 21 3 0.11 |
+---------------------------------------------------+--------------------------+
|MBAC182 AC 7,207 20,773 1172 36 -60 0 | 27 33 6 0.22 |
+---------------------------------------------------+--------------------------+
|MBAC184 AC 7,203 20,836 1172 30 -60 0 | 15 30 15 0.15 |
| | (eoh) |
+---------------------------------------------------+--------------------------+
|MBAC185 AC 7,199 20,859 1172 24 -60 0 | 12 15 3 0.12 |
+---------------------------------------------------+--------------------------+
|MBAC187 AC 7,207 20,923 1172 25 -60 0 | 6 9 3 0.19 |
| | |
|               and | 13 16 3 0.26 |
+---------------------------------------------------+--------------------------+

(eoh) indicates that the hole ended in gold mineralisation

* Most samples analysed as 3m composites
* Sampling carried out using a cyclone and riffle splitter at 1m intervals
* Sample preparation at ALS Global in Mwanza, Tanzania
* Gold analysis carried out by OMAC Laboratories in Ireland using 50g aqua
regia
* QAQC samples submitted routinely with excellent results
* Holes located by GPS then transformed to local grid coordinates
* Intersections are generally interpreted to represent true width. Where holes
ended in mineralisation, true thickness may be greater than the intersection
thickness.







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Source: African Eagle Resources PLC via Thomson Reuters ONE

[HUG#1548289]


Unternehmen: African Eagle Resources PLC - ISIN: GB0003394813