Abzu Intersects Multiple Broad Zones of Shear-Zone Hosted Gold Mineralization at Its Nangodi Project, Ghana, West Africa-System

Abzu Intersects Multiple Broad Zones of Shear-Zone Hosted Gold Mineralization 
at Its Nangodi Project, Ghana, West Africa-System
Remains Open for Expansion 
Highlights Include 67 Metres at 1.19 Grams Per Tonne Gold & 10 Metres
at 3 Grams Per Tonne Gold 
VANCOUVER, BRITISH COLUMBIA -- (Marketwired) -- 06/25/13 -- Abzu Gold
Ltd. (TSX VENTURE:ABS) ("Abzu" or the "Company") is pleased to
announce the latest drill results from its advanced stage Nangodi
Project, Ghana, West Africa where drilling has intersected broad
zones of regional shear-zone hosted gold mineralization which remain
open for expansion.  
The results continue to define and expand the gold endowed system
with gold mineralization now identified over 1300 metres of strike by
up to 70 metres width and to depths ranging from the surface to 180
metres. The system remains open for expansion along strike and at
depth and is only one of several priority targets identified to date
on the large property package.  
The results will form the basis for an initial 43-101 compliant
resource estimate and will enable Abzu's strategic alliance partners,
Kinross Gold Corporation and Stonehouse Construction, to complete
more detailed engineering studies, which contingent upon results, are
designed to potentially bring the project to production in a
compressed timeframe. 
Highlights from the latest results are as follows: 


 
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Hole ID                From (m)         To (m)   Interval (m)    Grade (g/t)
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NGDD_37A                    0.0           62.0           62.0           0.95
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  including                13.0           17.0            4.0           6.45
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  including                20.0           22.5            2.5           3.89
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NGRD_038                   55.4          133.0           77.6           0.48
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NGRD_042                   61.0           96.0         35(ii)           1.40
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NGDD_044                     17             84             67           1.19
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  including                  38             52             14           2.49
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NGRD_047                  178.0          188.0           10.0           3.00
----------------------------------------------------------------------------
  including               181.0          184.0            3.0           8.66
----------------------------------------------------------------------------
NGRD_049                  129.0          181.0           52.0           0.92
----------------------------------------------------------------------------
NGRD_054                  109.2          146.2           37.0           1.00
----------------------------------------------------------------------------
NGDD_057                    0.0           21.0           21.0           0.94
----------------------------------------------------------------------------
NGDD_058                    7.0           16.0            9.0           1.46
----------------------------------------------------------------------------
NGDD_059                   89.0          107.0           18.0           1.17
----------------------------------------------------------------------------
NGDD_060                    4.5           15.0           10.5           0.96
----------------------------------------------------------------------------
NGRD_063                  153.0          166.0           13.0           0.73
----------------------------------------------------------------------------
NGDD_066                    0.0           11.0           11.0           1.10
----------------------------------------------------------------------------
NGRC_069                      0             63             63           0.87
----------------------------------------------------------------------------
NGDD_070                   35.5           57.5             22           1.31
----------------------------------------------------------------------------
NGDD_071                     43             70             27           0.87
----------------------------------------------------------------------------
(ii) metre 78-79 missing due to drilling through mined void.                

 
DETAIL 
The company has completed its Phase 2 drilling program at Nangodi and
received results for all 50 (6,627m) diamond core and Reverse
Circulation (RC) holes drilled (Figure 1). The drill program was
designed to support width and grade interpretations from previous
drilling and provide key information for resource estimation of
mineralization at Nangodi.   
Tabulation of all gold intercepts from all holes is available on the
company's website www.abzugold.com.  
In detail the drill holes intersected
quartz-carbonate+/-albite+/-minor sulfide veins and stockwork in
quartz-feldspar-porphyry rock and surrounding sedimentary rocks in
steeply dipping mineralized zones 20 to 70m (true widths) wide.
Mineralization consists of gold in multi-gram zones several metres
wide within broader zones of lower grade mineralization. Gold
mineralization is strongest in host rocks adjacent to a major shear
zone and related splays. The shear zone is traceable for many
kilometres at the surface within the concession and hosts the Youga
greater than 1 Moz deposit 25km to the northeast in Burkina Faso.  
Paul Klipfel, P. Geo of Abzu, said, "With these results, the company
can now move forward with its maiden resource estimation for Nangodi
mineralization. We are very pleased that they enhance and support the
width and grade interpretations from previous drilling."  
The current drill program is designed to provide drill hole spacing
that supports resource estimation, as well as demonstrate continuity
along strike and down dip of gold mineralization. Abzu's geologic
staff together with consultants are modeling gold mineralization at
Nangodi and its extent beyond areas of historic production from the
1930's vintage Nangodi mine. It is anticipated that historic drill
results from AfricWest 1997 RC drilling (see previous press releases
including March 4, 2013), Abzu results from the 2011-2012 exploration
program and this year's drilling program will provide the basis for a
Q2, 2013 resource estimate.  
To view Figure 1 please visit the following link:
http://media3.marketwire.com/docs/abs625i.pdf.  
QUALIFIED PERSON AND QUALITY CONTROL/QUALITY ASSURANCE 
Professional geologist (AIPG cert. # 10821) Dr. Paul Klipfel, a
Qualified Person as defined by National Instrument 43-101, has
designed, planned, and supervised jointly with Ms. Roisin Goodman,
Abzu's exploration manager, the drilling and work program at Nangodi
and is responsible for all aspects of the work, including the quality
control/quality assurance program. Samples are collected
systematically and in a consistent manner. All Nangodi samples from
diamond drill core are sawed and half-core samples bagged, closed and
sealed at the company's core facility. RC samples are collected at
the drill rig by a geologist who is a Qualified Person or is under
the supervision of a Qualified Person. Samples are then transported
to the company's facility in Bolgatanga where they are split
sufficiently for an approximate 2 kg sample. All samples are kept
secure until delivered to the ALS laboratory in Kumasi, Ghana for
gold fire assay.  
Dr. Klipfel did not supervise the AfricWest drill program at Nangodi
nor the subsequent laboratory tests. However, there is no reason to
believe that the results are not accurate.  
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 has
approved the content of this release. 
Ms. Goodman is a Qualified Person and is independent of Abzu as
defined by National Instrument 43-101. Ms. Goodman has 25 years'
experience as an exploration geologist, and previously worked since
1991 with SLR/CSA Group. She is a Chartered Geologist under the
Institute of Geologists in Ireland (IGI) and the European Federation
of Geologists (EFG) and a qualified person as defined by National
Instrument 43-101. She has diverse experience in mineral and mining
project management, due diligence, and exploration project valuations
for AIM and Canadian 43-101 compliance in Europe and Africa.  
On behalf of the board of directors of ABZU GOLD LTD. 
David J. Price, President and CEO  
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. 
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.
Contacts:
Abzu Gold Ltd.
David J. Price
President and CEO
604-398-5381
www.abzugold.com
 
 
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