Toronto - African Gold Group, Inc. (TSX-V: AGG) ('AGG' or the 'Company') is pleased to report the final results for the Phase 1 drilling campaign at the Kobada Gold Project.

The Phase 1 drilling campaign focused on confirming and upgrading the confidence level of the resource in the feasibility study from 2016 (the '2016 Feasibility Study') and the previously established structural mineralization model. The Company expects to issue an updated mineral resource statement in February 2020.

The results from the Phase I drilling campaign returned better than expected grades within the central zone of the Kobada main shear and reinforced the predictiveness of our geological model. High-grade intersections over a greater thickness together with additional resources in the satellite orebodies is expected to complement the resource model favourably.

About African Gold Group

African Gold Group is a Canadian listed exploration and development company on the TSX Venture Exchange (TSX V:AGG) with its focus on developing a gold platform in West Africa. Its principal asset is the Kobada Project in Mali.

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