Abzu Intersects Multiple Broad Zones of Shear-Zone Hosted Gold Mineralization at Its Nangodi Project, Ghana, West Africa-Syst...

Abzu Gold Ltd. (TSX VENTURE:ABS) ("Abzu" or the "Company") is pleased to
announce the latest drill results from its advanced stage Nangodi Project,
Ghana, West Africa where drilling has intersected broad zones of regional
shear-zone hosted gold mineralization which remain open for expansion. 


The results continue to define and expand the gold endowed system with gold
mineralization now identified over 1300 metres of strike by up to 70 metres
width and to depths ranging from the surface to 180 metres. The system remains
open for expansion along strike and at depth and is only one of several priority
targets identified to date on the large property package. 


The results will form the basis for an initial 43-101 compliant resource
estimate and will enable Abzu's strategic alliance partners, Kinross Gold
Corporation and Stonehouse Construction, to complete more detailed engineering
studies, which contingent upon results, are designed to potentially bring the
project to production in a compressed timeframe.


Highlights from the latest results are as follows:



----------------------------------------------------------------------------
Hole ID                From (m)         To (m)   Interval (m)    Grade (g/t)
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NGDD_37A                    0.0           62.0           62.0           0.95
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  including                13.0           17.0            4.0           6.45
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  including                20.0           22.5            2.5           3.89
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NGRD_038                   55.4          133.0           77.6           0.48
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NGRD_042                   61.0           96.0         35(ii)           1.40
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NGDD_044                     17             84             67           1.19
----------------------------------------------------------------------------
  including                  38             52             14           2.49
----------------------------------------------------------------------------
NGRD_047                  178.0          188.0           10.0           3.00
----------------------------------------------------------------------------
  including               181.0          184.0            3.0           8.66
----------------------------------------------------------------------------
NGRD_049                  129.0          181.0           52.0           0.92
----------------------------------------------------------------------------
NGRD_054                  109.2          146.2           37.0           1.00
----------------------------------------------------------------------------
NGDD_057                    0.0           21.0           21.0           0.94
----------------------------------------------------------------------------
NGDD_058                    7.0           16.0            9.0           1.46
----------------------------------------------------------------------------
NGDD_059                   89.0          107.0           18.0           1.17
----------------------------------------------------------------------------
NGDD_060                    4.5           15.0           10.5           0.96
----------------------------------------------------------------------------
NGRD_063                  153.0          166.0           13.0           0.73
----------------------------------------------------------------------------
NGDD_066                    0.0           11.0           11.0           1.10
----------------------------------------------------------------------------
NGRC_069                      0             63             63           0.87
----------------------------------------------------------------------------
NGDD_070                   35.5           57.5             22           1.31
----------------------------------------------------------------------------
NGDD_071                     43             70             27           0.87
----------------------------------------------------------------------------
(ii) metre 78-79 missing due to drilling through mined void.                



DETAIL

The company has completed its Phase 2 drilling program at Nangodi and received
results for all 50 (6,627m) diamond core and Reverse Circulation (RC) holes
drilled (Figure 1). The drill program was designed to support width and grade
interpretations from previous drilling and provide key information for resource
estimation of mineralization at Nangodi.  


Tabulation of all gold intercepts from all holes is available on the company's
website www.abzugold.com. 


In detail the drill holes intersected quartz-carbonate+/-albite+/-minor sulfide
veins and stockwork in quartz-feldspar-porphyry rock and surrounding sedimentary
rocks in steeply dipping mineralized zones 20 to 70m (true widths) wide.
Mineralization consists of gold in multi-gram zones several metres wide within
broader zones of lower grade mineralization. Gold mineralization is strongest in
host rocks adjacent to a major shear zone and related splays. The shear zone is
traceable for many kilometres at the surface within the concession and hosts the
Youga greater than 1 Moz deposit 25km to the northeast in Burkina Faso. 


Paul Klipfel, P. Geo of Abzu, said, "With these results, the company can now
move forward with its maiden resource estimation for Nangodi mineralization. We
are very pleased that they enhance and support the width and grade
interpretations from previous drilling." 


The current drill program is designed to provide drill hole spacing that
supports resource estimation, as well as demonstrate continuity along strike and
down dip of gold mineralization. Abzu's geologic staff together with consultants
are modeling gold mineralization at Nangodi and its extent beyond areas of
historic production from the 1930's vintage Nangodi mine. It is anticipated that
historic drill results from AfricWest 1997 RC drilling (see previous press
releases including March 4, 2013), Abzu results from the 2011-2012 exploration
program and this year's drilling program will provide the basis for a Q2, 2013
resource estimate. 


To view Figure 1 please visit the following link:
http://media3.marketwire.com/docs/abs625i.pdf. 


QUALIFIED PERSON AND QUALITY CONTROL/QUALITY ASSURANCE

Professional geologist (AIPG cert. # 10821) Dr. Paul Klipfel, a Qualified Person
as defined by National Instrument 43-101, has designed, planned, and supervised
jointly with Ms. Roisin Goodman, Abzu's exploration manager, the drilling and
work program at Nangodi and is responsible for all aspects of the work,
including the quality control/quality assurance program. Samples are collected
systematically and in a consistent manner. All Nangodi samples from diamond
drill core are sawed and half-core samples bagged, closed and sealed at the
company's core facility. RC samples are collected at the drill rig by a
geologist who is a Qualified Person or is under the supervision of a Qualified
Person. Samples are then transported to the company's facility in Bolgatanga
where they are split sufficiently for an approximate 2 kg sample. All samples
are kept secure until delivered to the ALS laboratory in Kumasi, Ghana for gold
fire assay. 


Dr. Klipfel did not supervise the AfricWest drill program at Nangodi nor the
subsequent laboratory tests. However, there is no reason to believe that the
results are not accurate. 


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 has approved the content of this release.


Ms. Goodman is a Qualified Person and is independent of Abzu as defined by
National Instrument 43-101. Ms. Goodman has 25 years' experience as an
exploration geologist, and previously worked since 1991 with SLR/CSA Group. She
is a Chartered Geologist under the Institute of Geologists in Ireland (IGI) and
the European Federation of Geologists (EFG) and a qualified person as defined by
National Instrument 43-101. She has diverse experience in mineral and mining
project management, due diligence, and exploration project valuations for AIM
and Canadian 43-101 compliance in Europe and Africa. 


On behalf of the board of directors of ABZU GOLD LTD.

David J. Price, President and CEO 

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term
is defined in the policies of the TSX Venture Exchange) accepts responsibility
for the adequacy or accuracy of this press release, which has been prepared by
management.


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.
David J. Price
President and CEO
604-398-5381
www.abzugold.com