======================================================================= News Release - Thursday, September 22, 2011 KEEGAN ANNOUNCES POSITIVE PRE-FEASIBILITY STUDY AND FIRST MINERAL RESERVE STATEMENT AT ESAASE GOLD PROJECT ======================================================================= View this news release on our website: http://www.keeganresources.com/s/NewsReleases.asp?ReportID=480660 ======================================================================= Copyright (c) 2011 KEEGAN RESOURCES INC.

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