Abzu Announces Maiden NI 43-101 Technical Report and Mineral Resource Estimate on the Nangodi Gold Project

VANCOUVER, BRITISH COLUMBIA--(Marketwired - Feb. 21, 2014) - Abzu Gold Ltd. ("Abzu" or the "Company") (TSX VENTURE:ABS) is pleased to announce the completion of its maiden National Instrument (NI) 43-101 Technical Report and Mineral Resource Estimate on the Nangodi Gold Project located in the Upper East Region of Northern Ghana.

Bob Baxter, CEO of Abzu, commented: "We are very pleased to announce our maiden resource estimate on our Nangodi Gold Project in Ghana. The mineralisation is open along strike and at depth. There are a number of other gold targets on the Nangodi concession and the adjacent Yameriga concession. Abzu believes its land and resources hold significant strategic value."

Nangodi NI 43-101 Technical Report and Mineral Resource Estimate Highlights:

• An NI 43-101 compliant Technical Report and Mineral Resource Estimate has been independently prepared by Mark J Pryor B.Sc (Hons.), FGS,FSEG,Pr.Sci.Nat., and T. Carew. P.Geo, Reserva International.
• The report is dated February 20, 2014 and is entitled "The Nangodi Gold Project located in the Upper East Region of Northern Ghana 42°40'W, 10°48'N."
• A cut off date of August 2013 was used for the database giving a total of 116 drill holes (37 - AfricWest and 79 - Abzu) and 14 trenches.
• 'Reserva' completed a Mineral Resource estimate for the Nangodi project with an assay cut-off of 0.50g/t Au. The modelling and resource estimate was undertaken using Geovia GEMS V6.3 with a 12.0g/t Au capping level, two (2) metre composites and Ordinary Kriging to estimate block grades.
• The resource has not been constrained within an optimised pit shell.
• The Measured and Indicated resource estimate totals 4.13Mtonnes @ 0.96g/t Au.
• The Inferred resource estimate totals 3.16 Mtonnes @ 0.88 g/t Au.

Summary of Mineral Resources
Nangodi Gold Project
Class	Oxide		Transition		Un-oxidized		Total
	Tons