Company Information for Azumah Resources Ltd

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Company Statement

• Azumah Resources Limited is focused on its 100% owned Wa-Lawra Gold Project in Ghana, West Africa.
• Inaugural resource at Kunche - Indicated and Inferred Resource of 8.5Mt @ 1.9g/t Au for 516,000 ounces of gold that is open along strike and at depth.
• Azumah’s aim is to upgrade this resource base to 1-2 million ounces of gold to underpin a long-life open pit mining operation.
• $3.1M in cash with tight capital structure.
• The Wa-Lawra Gold Project has combined total area of 2,857 km2 and includes a 100km strike length of Birimian age greenstones.
• Intensive exploration programs are currently underway.

Current Operations

Azumah Resources Limited is an Australian Securities Exchange listed Company (ASX:AZM) focused on the exploration and rapid delineation of gold resources at its 100%-owned Wa-Lawra gold project in northwest Ghana, with the primary aim of developing a stand-alone gold mine.

The Wa-Lawra Project comprises a total land holding of 2,857km2, including over 100km of continuous strike of Birmian-age greenstones – a geological setting known to host ‘world class’ gold deposits throughout Ghana and West Africa.

In September 2006 Azumah announced a major increase in the gold resource at the Kunche deposit to 8.5 million tonnes @ 1.9 g/t gold for 516,000 ounces, representing a 129% increase in contained gold. The Kunche resource remains open to the north and at depth.

Azumah has implemented a strategy to increase this resource base to 1–2 million ounces.

The size and level of gold anomalism seen at Wa-Lawra, the favourable structural setting and presence of regional scale structures throughout the project area all provide excellent indications that repetitions of Kunche style mineralisation could potentially occur.

Reconnaissance drilling in 2007 at the new Bepkong target, 2km north of Kunche, confirmed gold mineralisation at the head of a largely untested 2km north-south Kunche-Bepkong soil anomaly, including an exciting intersection of 20m @ 4.1g/t gold.

In addition, new mineralisation was also identified immediately west of Kunche, including 12m @ 4.02g/t gold within 32m @ 1.86g/t gold from 20m, and immediately east of Kunche including 6m @ 7.33g/t gold from 5m and 7m @ 3.95g/t gold from 10m within broader lower-grade zones.

Outside of the main Kunche area, Azumah is also developing an increasing pipeline of anomalies and drill ready targets including at the Butele, Basibli, Duri, Doggo, Yagha and Kuo prospects.

Geographical Spread

Ghana, West Africa

Board of Directors and Key Management

Major Shareholders

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