African Gold (ASX: $A1G) activities for the quarter ended on 31 December 2023

African Gold Ltd (ASX: $A1G) is pleased to report on the Company's activities for the quarter ended on 31 December 2023. The company completed surficial lag soil sampling at the Didievi Project in Cote d'Ivoire, reporting significant intercepts from trenching at Kouassi Prospect and identifying a highly encouraging 18km long anomaly at the Konahiri Nord Project.

Executive Commentary on Recent Projects

During the quarter, African Gold focused on the Didievi Project in Cote d'Ivoire, where we completed trenching and channel sampling at the Kouassi Prospect. The results have been promising, with significant intercepts indicating the potential for substantial mineralisation. Additionally, the completion of a composite track lag sampling program at the Konahiri Nord Project has revealed highly encouraging results, including the identification of an 18km long anomaly. These findings are indicative of the prospectivity of our projects in Cote d'Ivoire and demonstrate the potential for future growth and development.

Summary of Quarterly Report and Outlook

African Gold's activities in the quarter have yielded positive results, particularly at the Didievi and Konahiri Nord projects in Cote d'Ivoire. The company's focus on surficial lag soil sampling has provided valuable insights, with significant intercepts and highly encouraging anomalies identified. Looking ahead, African Gold remains committed to maximizing shareholder value and is actively assessing opportunities for asset diversification. The company's ability to secure funding and its confidence in continuing operations bode well for its future prospects.