Abzu Gold Ltd. announced the initial results from its ongoing drilling program at its Nangodi gold project in Northern Ghana. To date over 1,600 meters of the 5,000 meter program have been drilled in the ongoing drill program. Widespread alteration including quartz, albite, chlorite, carbonate, hematite, and minor sulphides have been encountered throughout all holes drilled to date and drilling is ongoing.

Management expects to receive additional assay results in the near future and will publish the results accordingly. The drill program is designed to offer sufficient drill hole spacing for a resource estimation, as well as demonstrate the ore body's continuation along strike to the northeast and to depth. Abzu's geologists, together with its consultants, are modeling the Nangodi ore body utilizing historic results from AfricWest 1997 RC drilling, Abzu results from the 2011 - 2012 exploration program and this year's drilling program, the results of which will provide the basis for a second quarter of 2013 resource estimate as well as allow to build knowledge of the property and develop a stronger model for pre-feasibility work and to continue drilling for resource expansion.