Amani Gold : Quarterly Activities/Appendix 5B Cash Flow Report

					ASX : ANL
	29 July 2022	ASX Release
only		QUARTERLY ACTIVITIES REPORT
		HIGHLIGHTS
			n Diamond drilling continues at 4.1Moz Kebigada Gold Deposit (7 holes completed, 1 hole
use			remaining).
		• Assay results received for GRDD036, GRDD037, GRDD038, GRDD039. Results for diamond holes
				GRDD039 (partial), GRDD040, GRDD041 are expected early August.
			n Results of Diamond Hole GRDD037
				• 201m @ 0.97g/t Au from surface including
				§ 20.85m @ 2.05g/t Au from 82.20m
personal			§ 41m @ 1.30g/t Au from 125m
	n	Appointment of Non-Executive Director Burt Li.
			n	Results of Diamond Hole GRDD038
				• 60m @ 1.28g/t Au from surface including
				§ 6m @ 1.74g/t Au from 30m
				§ 6.5m @ 2.76g/t Au from 40.5m
			n Results of Diamond Hole GRDD039
				• 59.99m @ 2.35g/t Au from 98.86 including
				§ 3.4m @ 8.85g/t Au from 103.88m
				§ 13.62m @ 3.20g/t Au from 142.23m
			n RC Drilling scheduled to commence first week of August.
	Amani Gold Limited (ASX: ANL) ("Amani" or "the Company") is pleased to provide shareholders with the
	following Quarterly Report for the three-month period ended 30 June 2022.
For
	Diamond Drill Program at Kebigada

Amani has now completed 7 of the 8 diamond drillholes planned at the Kebigada deposit. The Company is now drilling the final hole in the drill program. Samples for diamond holes GRDD039, GRDD040, GRDD041 have been dispatched to the laboratory for assay with results estimated in the first week of August 2022.

The goal of the diamond program is to test the continuity of identified mineralization along strike and down dip of the Central Ore Body confirmed in previously drilled diamond holes and depth extensions of broad mineralized zones within the Eastern Ore Body that were outlined in previous RC drilling completed in 2017.

Assay results have been received for the program and the results confirm broad mineralization zones within the existing ore body, mineralized areas intersected below the existing resource area, as well as a shallow high- grade zone of mineralization. (see Figure 2-5).

The Company has rescheduled it's planned Giro resource review to take place after the completion of it's diamond and RC drill programs.

25 Colin Street, West Perth WA 6005

Tel: [phone]

www.amanigold.com

[e-mail]

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onlyuse personalFigure 1 - Map of 2022 Diamond Drilling Campaign For

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For personal use only

TABLE 1 - DRILLHOLE SUMMARY

Hole ID		Easting			Northing			Elevation			End-of-Hole			Azimuth			Dip		Line
					(m)			(m)
GRDD036			748971			344313			852.04			551.16			43			-55		725N
GRDD037
		749061			344258			859			513.50			43			-55		650N
GRDD038	749026		344042		856		313.50		43		-55		750N
GRDD039			749093			344042			856			454.50			43			-55		450N

TABLE 2 - SIGNIFICANT INTERCEPTS1

Hole ID				From			To			Interval			Gold Grade
			(m)			(m)			(m)			(g/t)
GRDD036	0		302.05		302.05		1.18
			0			201			201			0.97
GRDD037
GRDD038			0.00		60.00		60.00		1.28
			30.00			36.00			6.00			1.74
including
			40.50			47.00			6.50			2.76
GRDD038			78.00		87.00		9.00		0.99
			103.05			134.60			31.55			0.94
GRDD038
			154.00			184.03			30.03			1.21
GRDD038
GRDD038			253.00		264.00		11.00		0.97
			283.90			293.00			9.10			1.14
GRDD038
			69.50			80.00			10.50			1.17
GRDD039
GRDD039			98.86		158.85		59.99		2.35
			103.88			107.28			3.40			8.85
including
			142.23			155.85			13.62			3.20
GRDD039			222.00		239.53		17.53		1.22

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Figure 2 - Cross Section 750N showing 2020 resource model blocks and Au (ppm) contours with GRDD036 intersection of 302.05m @ 1.18g/t Au highlighted as a thick black line along the drillhole trace.

Figure 3 - Cross Section 650N showing 2020 resource model blocks and Au (ppm) contours with GRDD037 intersection of 201

• 0.97g/t Au and 25.06m @ 0.64g/t Au highlighted as a thick black line along the drillhole trace
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For personal use only

GRDD039

Figure 4 - Cross Section 450N showing GRDD039 and the 2020 resource model blocks and Au (ppm).

GRDD038

Figure 5 - Cross Section 750N showing GRDD038 and the 2020 resource model blocks and Au (ppm).

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