1,000,000 Oz Au Threshold Surpassed From 15% of Strike at Kobada, Mali
TORONTO, ONTARIO -- (Marketwire) -- 07/14/11 -- African Gold Group, Inc., ('AGG' or the 'Company') (TSX VENTURE: AGG) is pleased to announce the results of a positive NI 43-101 compliant 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 consulting group Bumigeme Inc., located in Montreal, Quebec, was commissioned by AGG to complete the study. This news release has been revised to clarify the resource disclosure and to include the required 43-101 'Cautionary Statements' in compliance with regulatory requirements.
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