Abzu Gold Announces Drilling Mobilization for 2013, Targets Additional Satellite Gold Mineralization at Zupeliga

Abzu Gold Ltd. ("Abzu" or the "Company") (TSX VENTURE:ABS)(OTCQX:ABZUF) is
pleased to announce the start of mobilization for the 2013 drilling season at
Nangodi. The Company has contracted Geodrill Limited to drill approximately
5,000m of combined reverse circulation (RC) and diamond drill core to extend
known mineralization along the mapped 1.2km strike (Abzu press release February
9, 2012) and fill-in between existing holes. The data collected from this
program will enable the Company to proceed with a maiden gold resource estimate
and to begin planning a feasibility study.


While Abzu's focus is on fast-tracking development of Nangodi, there are
numerous areas of mineralization in the vicinity and one known as the Zupeliga
target is a good example of near-surface mineralization which has the potential
to provide additional gold resources for future mining activity (Figures 1 and
2). This mineralized zone lies approximately 10 km southwest of Nangodi in
comparable host rocks. Soil sampling by AfricWest in 1997 and Etruscan Resources
in 2007 identified attractive levels of gold over an area 500m x 400m with
apparent continuity to the northeast and southwest (Figure 3). Trenching and
Rotary Air Blast (RAB) drilling of this area revealed a northeast-dipping
gold-bearing zone 450m long and tens of meters wide with best intercepts of
21.0m @ 2.31 g/t Au and 18.0m @ 3.35 g/t Au (Figure 4). Splits from several of
these samples have been sent for assaying to verify historic results. Geologic
mapping by Abzu staff shows that the mineralized zone follows a broad zone of
silicified and altered volcanic and sedimentary rocks with associated chemical
sediments which are traceable through folds for another 2,000m along strike to
the south and at least another 600m to the north.




Highlight gold intercepts in Etruscan drill results at Zupeliga             
                                                                            
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Hole                      From (m)      To (m)  Interval (m)  Grade (g/t) Au
----------------------------------------------------------------------------
NRB-08-399                    24.0        31.5           7.5            1.00
----------------------------------------------------------------------------
                              33.0        40.5           7.5            1.82
----------------------------------------------------------------------------
NRB-08-400                     6.0        25.5          19.5            1.24
----------------------------------------------------------------------------
NRB-08-404                     6.0        27.0          21.0            2.31
----------------------------------------------------------------------------
  including                   15.0        24.0           9.0            3.46
----------------------------------------------------------------------------
                              28.5        30.0           1.5            0.36
----------------------------------------------------------------------------
                              33.0        34.5           1.5            0.51
----------------------------------------------------------------------------
NRB-08-408                    19.5        30.0          10.5            1.00
----------------------------------------------------------------------------
NRB-08-409                     0.0        18.0          18.0            3.35
----------------------------------------------------------------------------
                                                                            
(i) All data above is historic and was collected by Etruscan Resources Ghana
Limited, now a part of Endeavour Mining Corporation.                        



Figure 1. Regional geologic map showing the Nangodi and Yameriga concessions:
http://media3.marketwire.com/docs/abs-0125-fig1.pdf


Figure 2. Zupeliga geochemical map showing gold in surface samples and the
mineralized zone intersected in historic (2008) Etruscan RAB drill holes:
http://media3.marketwire.com/docs/abs-0125-fig2.pdf


Figure 3. Geologic map of the Zupeliga area showing the location of Etruscan
drilling: http://media3.marketwire.com/docs/abs-0125-fig3.pdf


Figure 4. Etruscan drilling with key cross sections showing results:
http://media3.marketwire.com/docs/abs-0125-fig4.pdf


Tim McCutcheon commented: "Nangodi as a project has been explored by several
operators over the past 20 years. Additionally, it was an operating mine in the
first half of the last century. Although to-date there has not been a gold
resource published for the property, it is more de-risked than it seems given
the volume of past drilling and trenching. Our intent in 2013 is to link
together the work done by past operators and compile all the data into one
resource number to give investors a better idea of where Nangodi stands today
and what potential it has for resource expansion in the future. In addition,
Nangodi is in a very prospective neighborhood with several adjacent targets that
could further increase the resource, Zupeliga being the best studied of them.
Much like Kinross' Chirano success story in Ghana, Nangodi seems to have a
network of several satellite zones that are all close enough to potentially be
one mining operation in the future."


Qualified Person and Quality Control/Quality Assurance

Professional geologist (AIPG cert. # 10821) Dr. Paul Klipfel, President and a
Qualified Person as defined by National Instrument 43-101, has reviewed the data
and prepared the material in this disclosure. Dr. Klipfel has a PhD in economic
geology and more than 35 years of relevant experience as a mineral exploration
geologist. He is a Certified Professional Geologist (CPG 10821) by the American
Institute of Professional Geologists. Dr. Klipfel is not independent of the
Company as he is an officer and shareholder.


Dr. Klipfel did not supervise the Etruscan drill program at Zupeliga nor the
subsequent laboratory tests. However, there is no reason to believe that the
results are not accurate. Dr. Klipfel has approved the content of this release.


On behalf of the board of directors of Abzu Gold Ltd.

Tim McCutcheon, Chief Executive Officer

Cautionary Statements

This news release contains forward-looking statements that are not historical
facts. Forward-looking statements involve risks, uncertainties and other factors
that could cause actual results, performance, prospects, and opportunities to
differ materially from those expressed or implied by such forward-looking
statements. Factors that could cause actual results to differ materially from
these forward-looking statements include those risks set out in Abzu's public
documents filed on SEDAR at www.sedar.com. Although Abzu believes that the
assumptions and factors used in preparing the forward-looking statements are
reasonable, undue reliance should not be placed on these statements, which only
apply as of the date of this news release, and no assurance can be given that
such events will occur in the disclosed time frames or at all. Except where
required by law, Abzu disclaims any intention or obligation to update or revise
any forward-looking statement, whether as a result of new information, future
events or otherwise.


This news release does not constitute an offer to sell, or the solicitation of
an offer to buy, any securities in any jurisdiction; nor shall there be any sale
of securities in any state in the United States in which such offer,
solicitation or sale would be unlawful. The securities referred to herein have
not been, and will not be, registered under the United States Securities Act of
1933, as amended, and may not be offered or sold within the United States or to
or for the account or benefit of U.S. persons absent registration or an
applicable exemption from registration requirements.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Abzu Gold Ltd.
Tim McCutcheon
Chief Executive Officer
604-638-3288