Abzu Gold Announces Drilling Mobilization for 2013, Targets Additional Satellite Gold Mineralization at Zupeliga

Abzu Gold Announces Drilling Mobilization for 2013, Targets Additional 
Satellite Gold Mineralization at Zupeliga 
VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 01/25/13 -- Abzu Gold
Ltd. ("Abzu" or the "Company") (TSX VENTURE:ABS)(OTCQX:ABZUF) is
pleased to announce the start of mobilization for the 2013 drilling
season at Nangodi. The Company has contracted Geodrill Limited to
drill approximately 5,000m of combined reverse circulation (RC) and
diamond drill core to extend known mineralization along the mapped
1.2km strike (Abzu press release February 9, 2012) and fill-in
between existing holes. The data collected from this program will
enable the Company to proceed with a maiden gold resource estimate
and to begin planning a feasibility study. 
While Abzu's focus is on fast-tracking development of Nangodi, there
are numerous areas of mineralization in the vicinity and one known as
the Zupeliga target is a good example of near-surface mineralization
which has the potential to provide additional gold resources for
future mining activity (Figures 1 and 2). This mineralized zone lies
approximately 10 km southwest of Nangodi in comparable host rocks.
Soil sampling by AfricWest in 1997 and Etruscan Resources in 2007
identified attractive levels of gold over an area 500m x 400m with
apparent continuity to the northeast and southwest (Figure 3).
Trenching and Rotary Air Blast (RAB) drilling of this area revealed a
northeast-dipping gold-bearing zone 450m long and tens of meters wide
with best intercepts of 21.0m @ 2.31 g/t Au and 18.0m @ 3.35 g/t Au
(Figure 4). Splits from several of these samples have been sent for
assaying to verify historic results. Geologic mapping by Abzu staff
shows that the mineralized zone follows a broad zone of silicified
and altered volcanic and sedimentary rocks with associated chemical
sediments which are traceable through folds for another 2,000m along
strike to the south and at least another 600m to the north. 


 
Highlight gold intercepts in Etruscan drill results at Zupeliga             
                                                                            
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Hole                      From (m)      To (m)  Interval (m)  Grade (g/t) Au
----------------------------------------------------------------------------
NRB-08-399                    24.0        31.5           7.5            1.00
----------------------------------------------------------------------------
                              33.0        40.5           7.5            1.82
----------------------------------------------------------------------------
NRB-08-400                     6.0        25.5          19.5            1.24
----------------------------------------------------------------------------
NRB-08-404                     6.0        27.0          21.0            2.31
----------------------------------------------------------------------------
  including                   15.0        24.0           9.0            3.46
----------------------------------------------------------------------------
                              28.5        30.0           1.5            0.36
----------------------------------------------------------------------------
                              33.0        34.5           1.5            0.51
----------------------------------------------------------------------------
NRB-08-408                    19.5        30.0          10.5            1.00
----------------------------------------------------------------------------
NRB-08-409                     0.0        18.0          18.0            3.35
----------------------------------------------------------------------------
                                                                            
(i) All data above is historic and was collected by Etruscan Resources Ghana
Limited, now a part of Endeavour Mining Corporation.                        

 
Figure 1. Regional geologic map showing the Nangodi and Yameriga
concessions: http://media3.marketwire.com/docs/abs-0125-fig1.pdf 
Figure 2. Zupeliga geochemical map showing gold in surface samples
and the mineralized zone intersected in historic (2008) Etruscan RAB
drill holes: http://media3.marketwire.com/docs/abs-0125-fig2.pdf 
Figure 3. Geologic map of the Zupeliga area showing the location of
Etruscan drilling:
http://media3.marketwire.com/docs/abs-0125-fig3.pdf 
Figure 4. Etruscan drilling with key cross sections showing results:
http://media3.marketwire.com/docs/abs-0125-fig4.pdf 
Tim McCutcheon commented: "Nangodi as a project has been explored by
several operators over the past 20 years. Additionally, it was an
operating mine in the first half of the last century. Although
to-date there has not been a gold resource published for the
property, it is more de-risked than it seems given the volume of past
drilling and trenching. Our intent in 2013 is to link together the
work done by past operators and compile all the data into one
resource number to give investors a better idea of where Nangodi
stands today and what potential it has for resource expansion in the
future. In addition, Nangodi is in a very prospective neighborhood
with several adjacent targets that could further increase the
resource, Zupeliga being the best studied of them. Much like Kinross'
Chirano success story in Ghana, Nangodi seems to have a network of
several satellite zones that are all close enough to potentially be
one mining operation in the future." 
Qualified Person and Quality Control/Quality Assurance 
Professional geologist (AIPG cert. # 10821) Dr. Paul Klipfel,
President and a Qualified Person as defined by National Instrument
43-101, has reviewed the data and prepared the material in this
disclosure. Dr. Klipfel has a PhD in economic geology and more than
35 years of relevant experience as a mineral exploration geologist.
He is a Certified Professional Geologist (CPG 10821) by the American
Institute of Professional Geologists. Dr. Klipfel is not independent
of the Company as he is an officer and shareholder. 
Dr. Klipfel did not supervise the Etruscan drill program at Zupeliga
nor the subsequent laboratory tests. However, there is no reason to
believe that the results are not accurate. Dr. Klipfel has approved
the content of this release. 
On behalf of the board of directors of Abzu Gold Ltd. 
Tim McCutcheon, Chief Executive Officer 
Cautionary Statements 
This news release contains forward-looking statements that are not
historical facts. Forward-looking statements involve risks,
uncertainties and other factors that could cause actual results,
performance, prospects, and opportunities to differ materially from
those expressed or implied by such forward-looking statements.
Factors that could cause actual results to differ materially from
these forward-looking statements include those risks set out in
Abzu's public documents filed on SEDAR at www.sedar.com. Although
Abzu believes that the assumptions and factors used in preparing the
forward-looking statements are reasonable, undue reliance should not
be placed on these statements, which only apply as of the date of
this news release, and no assurance can be given that such events
will occur in the disclosed time frames or at all. Except where
required by law, Abzu disclaims any intention or obligation to update
or revise any forward-looking statement, whether as a result of new
information, future events or otherwise. 
This news release does not constitute an offer to sell, or the
solicitation of an offer to buy, any securities in any jurisdiction;
nor shall there be any sale of securities in any state in the United
States in which such offer, solicitation or sale would be unlawful.
The securities referred to herein have not been, and will not be,
registered under the United States Securities Act of 1933, as
amended, and may not be offered or sold within the United States or
to or for the account or benefit of U.S. persons absent registration
or an applicable exemption from registration requirements. 
Neither TSX Venture Exchange nor its Regulation Services Provider (as
that term is defined in the policies of the TSX Venture Exchange)
accepts responsibility for the adequacy or accuracy of this press
release, which has been prepared by management. 
Contacts:
Abzu Gold Ltd.
Tim McCutcheon
Chief Executive Officer
604-638-3288
 
 
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