🕐18.02.10 - 10:43 Uhr

African Aura Announcment



Morning, Please see attached and below an African Aura announcement that was released via LSE this morning at 7.20. Kind regards, Jo
NOT FOR DISTRIBUTION IN THE UNITED STATES OR FOR DISSEMINATION TO US NEWS WIRE SERVICES. February 18, 2010 TSX-V: AUR AIM: AAAM African Aura Mining Inc. DRILLING CONFIRMS SIGNIFICANT GOLD ZONE AT DEPTH AT NEW LIBERTY PROJECT February 18, 2010, African Aura Mining Inc.

(“African Aura” or the “Company”) the TSX‑V (AUR) and AIM (AAAM) listed exploration to production company focused on gold and iron ore in sub-Saharan Africa provides an update on the drilling programme at the Company’s 100% owned New Liberty gold deposit in western Liberia. Highlights:
· Encouraging drill results received from first nine holes representing 3,558m · Intersections include: o 4.17 g/t Au over 16 metres, from 142 metres depth o 4.94 g/t Au over 10 metres, from 379 metres depth o 4.42 g/t Au over 8 metres, from 447 metres depth · Scoping study underway for an open pit and underground mining operation · Current 10,000m drill programme expected to complete in April 2010 · Results of assay expected in June 2010 and resource update to follow The New Liberty gold deposit has a current resource of 1.384 million ounces (NI 43-101 compliant 13.533 Mt measured and indicated resource at 3.18 g/t gold) and the Company considers the results from the current phase of drilling have the potential to expand the resource base further.

The results from the drill programme, particularly the intersections of 4.94g/t over 10m in hole KGD136 from a depth of 379 metres and 4.42g/t over 8m in KGD133 at a depth of 447 metres, have confirmed the continuity of the mineralised zone significantly deeper than the lower limit of the present resource estimate of 300 metres.

The deposit remains open at depth.

These results will contribute to a Bankable Feasibility Study for an open pit and/or underground gold mine targeting 100,000oz annual production.

AMC Consultants (UK) Limited (“AMC”) is preparing the scoping study. As previously announced, drilling undertaken below 200 metres intersected highly encouraging grades, including 23 metres grading 4.95 g/t Au and 26 metres grading 5.04 g/t Au.

The best drill intersect from New Liberty is currently 8.45 g/t Au over 37 metres from 55 metres depth in the Larjor Zone. Luis da Silva, President and CEO of African Aura commented: “We are very pleased with the results received to date from the current round of drilling at the New Liberty gold deposit.

Of particular note is hole KGD133 which intersected 4.42g/t over 8m from a depth of 447 metres, which strongly suggests potentially mineable grades and widths continue at depth, as is characteristic of Archaean greenstone gold deposits.

The current 1.4Moz resource was projected down to a depth of only 300 metres.

The results from drilling are being included in the mine scoping study currently being prepared by AMC which is expected to be completed in the third quarter of this year.

We look forward to updating shareholders on this and other news from our gold division in due course.”
Table of Gold Intersections for Larjor Zone, New Liberty gold deposit
Hole ID From (m) To (m) Length (m) Mean Au (g/t) KGD 131 NSR KGD 132 174 176 2 0.77 KGD 133 439 456 17 2.35 - Including 447 455 8 4.42 KGD 134 328 350 22 1.42 - Including 336 346 10 2.82 KGD 135 139 169 30 2.37 - Including 142 158 16 4.17 KGD 136 374 395 21 2.45 - Including 379 389 10 4.94 KGD 137 NSR KGD 138 NSR KGD 139 352 365 13 1.20 - Including 360 364 4 3.50 Notes: - Assay data is uncut and based on greater than 0.5g/t Au­­ - NSR = No Significant Results
About African Aura Mining Inc. African Aura is an established African exploration and development company listed on the TSX-V (AUR) and Londons AIM (AAAM).

African Aura is focused on the development of world-class gold and iron ore deposits in highly prospective, under explored countries of sub-Saharan Africa.

The Company has a highly motivated and experienced team with a record of discovering mines and taking projects through development and into production in Africa.
African Aura’s assets include the New Liberty gold deposit and the Putu iron ore project, both in Liberia.

Putu is being explored and operated by the Company’s Joint Venture partner, Severstal Resources (the mining division of OAO Severstal).

The Company also has an interest in diamond producer Stellar Diamonds Ltd.
A pioneer in Africa, African Aura has attracted some excellent strategic partners and shareholders always with the objective of preserving or enhancing shareholder value.

For further information on the Company you are invited to visit its website at www.african-aura.com, or SEDARs website at www.sedar.com, or contact one of the following: African Aura Mining Inc. Luis da Silva, President & CEO Tel: +44 (0) 20 7299 4212 Evolution Securities Limited Simon Edwards / Chris Sim / Neil Elliot Tel: +44 (0) 20 7071 4300 Pelham Bell Pottinger Charles Vivian / James MacFarlane Tel: +44 (0) 20 7337 1500
Qualified Person African Auras Qualified Person responsible for preparing this release is Dr Tom Elder, who holds a BSc and Doctorate in Geology from the University of Durham in the UK, is a Fellow and former Member of Council of the Institution of Mining and Metallurgy, and a Fellow of the Geological Society. Quality Control and Sample Preparation African Aura has a rigorous Quality Control Programme (QCP) inserting a minimum 5% of standards, blanks and duplicates into the sample stream.

The Company employs independently owned and managed OMAC Laboratories for all its assay requirements, including the preparation of pulps to 90% -100 micron at their in-country preparation facilities in Liberia, followed by XRF at their main laboratory in Loughrea, Ireland.

OMAC is accredited to ISO 17025 by INAB (Irish National Accreditation Board), which is a member of ILAC (International Laboratory Accreditation Cooperation), and is a signatory to the ILAC Mutual Recognition Arrangement.

OMAC operates an internal QA/QC check assay programme using in-house standards, reagent blanks and duplicates. Forward-looking Statements This press release includes certain forward-looking statements.

All statements, other than statements of historical fact, included herein, including without limitation, statements regarding the future plans and objectives of African Aura, are forward-looking statements that involve various known and unknown risks and uncertainties as well as other factors.

Such forward-looking statements are subject to a number of risks and uncertainties that may cause actual results or events to differ materially from current expectations, including delays in obtaining or failure to obtain required regulatory approvals.

There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements.

Any forward-looking statements speak only as of the date hereof and, except as may be required by applicable law, African Aura disclaim any obligation to update or modify such forward-looking statements, either as a result of new information, future events or for any other reason. Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accept responsibility for the adequacy or accuracy of this release.
Ends
Jo Brooks Mining Team Account Assistant Direct line: +44(0)20 7337 1511 Mobile: +44 (0)7595 106 858 [cid:image001.gif@01CAB07B.B118D0E0] Pelham Bell Pottinger 12 Arthur Street, London, EC4R 9AB Tel: +44 (0)20 7337 1500 Fax: +44 (0)20 7337 1550 www.pelhambellpottinger.co.uk ______________________________________________________________________ This email has been scanned by the MessageLabs Email Security System. For more information please visit http://www.messagelabs.com/email ______________________________________________________________________



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