PERTH - Amani Gold Limited (ASX: ANL) ('Amani' or 'the Company') is pleased to announce assay results for GRDD037, the second of eight diamond holes to be drilled at the Company's 4.1Moz Kebigada deposit.

GRDD037 intended to target high grade gold mineralization zones within the existing resource area and depth extensions of the Kebigada Central Ore Body.

Assays results have returned a number of broad gold mineralization zones within the existing ore body including 201m@0.97g/t from surface containing a higher grade intersection of 20.85m@2.05g/t Au from 82.2m. Drilling at depth intersected a mineralized zone beyond the current resource and further drilling will be to test the grade and extent of this mineralization along strike.

Assays results were returned to a depth of 479m with the final 34.5m for GRDD037 to be dispatched to the lab for assay with the samples for the third diamond hole in the program (GRDD038).

The Company has also received assay results for the final 76.16m of diamond hole GRDD036. The assay results delineated a mineralized zone until end of hole.

On the Drill Results, Amani Chief Executive Officer Conrad Karageorge commented: 'Our 2022 diamond drill program has continued to confirm broad zones of gold mineralization within the existing ore body as well extensions to the existing 4.1Moz gold resource.

About Giro Gold Project

The Giro Gold Project comprises two exploration permits covering a surface area of 497km-2 and lies within the Kilo-Moto Belt of the DRC, a significant under-explored greenstone belt which hosts Randgold Resources' 17 million-ounce Kibali group of deposits within 35km of Giro. The nearby Kibali Gold Project produces more than 600,000oz gold per annum.

The Giro Gold Project area is underlain by highly prospective volcano-sedimentary lithologies in a similar structural and lithological setting as the Kibali gold deposits. Both primary and alluvial gold was mined from two main areas, the Giro and Tora areas, during Belgian rule and today. Giro Gold Project global resource for Kebigada and Douze Match deposits exceeds 4.4Moz contained gold; with a total Indicated and Inferred Mineral Resource Estimate of 132Mt @ 1.04g/t Au, for 4.4Moz gold (0.5g/t Au cut-off grade). The Kebigada resource followed diamond core drilling results which successfully targeted deeper high-grade sulphide associated gold mineralisation within the central core of the Kebigada deposit. Drillholes GRDD034 and GRDD035 are 240m apart and both outlined high-grade gold mineralisation deeper than previously intersected at the Kebigada deposit. These gold assay results and the current Kebigada MRE indicate the potential for the Kebigada deposit to substantially grow via targeted deeper drilling along the entire strike of the orebody.

Contact:

Mr Conrad Karageorge

Tel: +61 8 8186 3002

Email: conrad@amanigold.com

Web: www.amanigold.com

Forward Looking Statements

Statements regarding the Company's plans with respect to its mineral properties are forward-looking statements. There can be no assurance that the Company's plans for development of its mineral properties will proceed as currently expected. There can also be no assurance that the Company will be able to confirm the presence of additional mineral deposits, that any mineralisation will prove to be economic or that a mine will successfully be developed on any of the Company's mineral properties.

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