• Best intercepts include:
  Bepkong:
  • 12.0m @ 9.19g/t Au from 219m (BRC302)
  •   3.0m @ 9.42 g/t Au from 154m (BRCD451)
  • 10.4m @ 2.69g/t Au from 286.6m (BRCD451)
  Kunche:
  •   1.0m @ 23.47 g/t Au from 212.6m (KRDC693)
  • 19.4m @ 1.58g/t Au from 277m (KRCD698)
  •   8.0m @ 2.90g/t Au from 307.1m (KRCD725)
• Results pending from latest phase of infill drilling along Aduane trend, between Kunche and Bepkong;
• Drill testing of Basabli and Atikpi prospects completed with results expected in Q3 2012;
• Drilling to extend Julie Mineral Resource just completed;
• Drilling to test extensive anomalies at Kjersti in progress;
• Target definition drilling at Duri and Kuo prospects underway;
• Drilling to extend Collette Mineral Resource to commence in July.
• Mineral Resources to be updated Q3 2012 following receipt of final results from Kunche, Bepkong, Aduane and Julie drilling; and
• Cash and listed investments of $27 million

"This year�s focus on increasing Mineral Resources is clearly bearing fruit and these latest drilling results confirm that the Kunche - Bepkong deposits are robust and that there is every opportunity to discover more gold in the immediate area and throughout the Wa Gold Project," Azumah Managing Director Stephen Stone said.

"With Azumah�s own on-site sample preparation laboratory fully operational, assaying delays are now behind the Company and shareholders can look forward to a steady news flow of drilling results in coming months.   A maiden Mineral Reserve statement is due early in Q3 2012 and the Feasibility Study for the first stage of the Wa Gold Project will be completed in the weeks to follow.

"In addition to its aggressive exploration programmes, Azumah is moving to secure mining and environmental permits and other key commercial approvals that will enable this first stage of a long-term mining operation in the emerging North West Ghana gold province to proceed."

Download the full announcement including figures and tables.