African Queen Mines Ltd. (TSX.V - AQ) is an exploratory resource company with mineral properties in East and West Africa. It is exploring gold projects in Kenya at the Odundu target in the Rongo Gold Fields and at Ugunja, and in Ghana at the Noyem-Nyanfoman Gold Project on the Ashanti Belt.
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Invest in Pan African March 25, 2013 -2013 FIELD EXPLORATION PROGRAM COMMENCES AT AFRICAN QUEEN’S UGUNJA GOLD PROJECT IN KENYA’S LAKELAND DISTRICT   Read Press Release >>

Invest in Pan African For more information on becoming an investor in African Queen Mines Ltd. contact our investor relations department.

Suite 1450, PO Box 11553
650 West Georgia Street
Vancouver, BC
V6B 4N8
CANADA

Tel: (604) 899-0100
Fax: (604) 899-0200
info@africanqueenmines.com

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Announcements

March 25, 2013
2013 FIELD EXPLORATION PROGRAM COMMENCES AT AFRICAN QUEEN’S UGUNJA GOLD PROJECT IN KENYA’S LAKELAND DISTRICT
Vancouver, British Columbia — AFRICAN QUEEN MINES LTD. (the “Company”)is pleased to announce that it has now commenced its 2013 field exploration program at the Ugunja Gold Project in Kenya’s Lakeland District. A technical team is currently on site under the direction of Senior Geologist Marthe Archambault (P.Geol.), a qualified person under N.I. 43-101. The field work underway is a continuation of the Phase 1b Exploration Program commenced last year and includes regional mapping, soil and rock sampling, trenching and ground geophysics. Read More >>

January 14, 2013
EXPLORATION LICENSE FOR AFRICAN QUEEN’S NOYEM-NYANFOMAN GOLD PROJECT ON GHANA’S ASHANTI BELT EXPANDED AND RENEWED FOR TWO YEARS
Vancouver, British Columbia — AFRICAN QUEEN MINES LTD. (the “Company”)is pleased to announce that the Exploration License (the “License”) held by its operating subsidiary AQ Ghana Gold Limited covering the Noyem-Nyanfoman Gold Project within the Birim North District of the Eastern Region of Ghana (the “Project”) has now been renewed for a period of two years through December 31, 2014. The renewal was signed by the Minister of Lands and Natural Resources, Honorable Mike Allen Hammah (MP), upon recommendation of the Minerals Commission of Ghana. The area under license now comprises two non-contiguous blocks aggregating approximately 30.23 sq. km, namely Noyem A (Nyanfoman) which covers 23.55 sq. km and Noyem B (Apragya) which covers 6.68 sq. km. Read More >>

January 2, 2013
INITIAL CORE DRILL RESULTS AT AFRICAN QUEEN MINES’ ODUNDU PROJECT IN KENYA REVEAL EXTENSIVE ZONE OF NEAR-SURFACE GOLD-BEARING MINERALIZATION
Vancouver, British Columbia — AFRICAN QUEEN MINES LTD. (the “Company”)is pleased to announce that the initial trenching and diamond drill assay results received to date indicate a zone of extensive, low-grade near-surface gold mineralization, at the Company’s Odundu Project in Southwest Kenya’s Rongo Gold Fields. Drilling has shown this low grade gold mineralisation to be continuous over significant thicknesses with the best intersections obtained so far being 1.03g/t Au over 26.35 metres and 1.08g/t Au over 11.0 metres recorded in holes OD3 and OD4 respectively. Read More >>

December 17, 2012
AFRICAN QUEEN CUTS EXPENSES AND STREAMLINES PROJECT PORTFOLIO; DROPS MOZAMBIQUE OPERATIONS INCLUDING KING SOLOMON PROJECT
Vancouver, British Columbia — AFRICAN QUEEN MINES LTD. (the “Company”)is pleased to announce that it has now completed a thorough review of its portfolio of exploration properties in Southern, West and East Africa, in order to reduce costs of operations and to prioritize projects for development in 2013, while at the same time paring down its portfolio to eliminate projects which have not generated sufficiently promising results to warrant continued exploration. As a result, the Board of Directors has determined that it is in the best interests of the shareholders of the Company to focus exploration expenditures in 2013 on its priority gold projects in Kenya at the Odundu target in the Rongo Gold Fields and at Ugunja, and in Ghana at the Noyem-Nyanfoman Gold Project on the Ashanti Belt. At the same time, it is now abandoning further development of the King Solomon Project in Mozambique and is terminating its exploration activities in that country. Read More >>

December 3, 2012
AFRICAN QUEEN CLOSES FIRST TRANCHE OF PRIVATE PLACEMENT
Vancouver, British Columbia — AFRICAN QUEEN MINES LTD. (the “Company”)is pleased to announce the closing of the first tranche of its previously announced non-brokered private placement which has raised gross proceeds of CAD $565,035. Under the terms of the private placement, the Company has issued 3,766,900 Units (the “Units”) at CAD $0.15 per Unit. Read More >>

November 23, 2012
AFRICAN QUEEN ANNOUNCES PRIVATE PLACEMENT
Vancouver, British Columbia — AFRICAN QUEEN MINES LTD. (the “Company”)is pleased to announce a non-brokered private placement offering to raise gross proceeds of up to CAD $1.0 million. Under the terms of the private placement, the Company will offer for sale up to 6,666,667 Units (the “Units”) at CAD $0.15 per Unit. The Company may, in its discretion, increase the size of this offering by up to 20% to a maximum of 8,000,000 Units. Read More >>

November 13, 2012
INITIAL CORE DRILL RESULTS AT AFRICAN QUEEN’S NOYEM-NYANFOMAN GOLD PROJECT ON GHANA’S ASHANTI BELT ARE CONSISTENT WITH HISTORIC RESULTS AND CONFIRM POTENTIAL
Vancouver, British Columbia — AFRICAN QUEEN MINES LTD. (the “Company”)is pleased to announce that it has now received from Scientific Services Laboratories of Cape Town, S.A. the assay results from its 2012 diamond core drilling program at the Noyem-Nyanfoman Gold Project located within the Birim North District of the Eastern Region of Ghana (the “Project”). The Project comprises an area of approximately 29 sq km at the northeast extent of the Ashanti Gold Belt and is primarily associated with palaeoplacer gold mineralization which is hosted within the basal conglomerates of the Tarkwaian Group’s Banket Formation. The Tarkwa Gold Mine operated by Gold Fields Ltd. is also hosted within the conglomerates of the Banket Formation and has a combined gold resource of approximately 15 million ounces. Initial results from the Company’s drill program are consistent with reported historic results from predecessors of Newmont Mining Corporation (“Newmont”) and tend to confirm the presence in the region over a strike of at least 5.6 km of a relatively continuous gold-bearing reef varying in width from one to 5 m. Read More >>

October 26, 2012
CONTINUING FIELD WORK AT AFRICAN QUEEN’S UGUNJA GOLD PROJECT IN KENYA’S LAKELAND DISTRICT GENERATES 4 NEW TARGETS
Vancouver, British Columbia — AFRICAN QUEEN MINES LTD. (the “Company”)is pleased to announce that continuing field work in its Phase 1b Exploration Program at the Ugunja Gold Project has now identified four new targets. Anomalous gold was prevalent throughout the area examined. Recent sample results include a chip sample from its visible gold-bearing Rariada quartz vein which returned assay values of 30.018 g/t Au and 4.8 g/t Ag over a true width of 80 cm (Trench UTr-12-02) with a repeat of 26.070 g/t Au. The Ugunja Project encompasses approximately 370 sq. km in the Busia, Siaya and Kakamega areas (aka the Lakeland District) located N of the shores of Lake Victoria in Western Kenya. It is situated approximately 100 km to the NW of the Company’s Odundu Project in the Rongo Gold Fields, also on the Lake Victoria greenstone belt, where core drilling has recently been completed (see PR dated July 11, 2012). Read More >>

October 19, 2012
RICH RADEZ JOINS AFRICAN QUEEN MINES AS SENIOR FINANCIAL CONSULTANT
Vancouver, British Columbia — AFRICAN QUEEN MINES LTD. (the “Company”)is pleased to announce that it has engaged Mr. Richard Radez to serve as a senior financial consultant for a period of one year. Rich will provide strategic corporate and financial advice designed to accelerate business development and growth of the Company, reporting to senior management. Read More >>

October 16, 2012
AFRICAN BARRICK GOLD ACQUIRING INTERESTS IN GROUND ADJACENT TO AFRICAN QUEEN’S UGUNJA GOLD PROJECT IN WEST KENYA
Vancouver, British Columbia — AFRICAN QUEEN MINES LTD. (the “Company”) reports that AFRICAN BARRICK GOLD PLC (“ABG”, LSE: ABG) has announced that it has entered into an agreement with AVIVA CORPORATION LIMITED (“Aviva”, ASX: AVA), to acquire all of the stock of Aviva Mining (Kenya) Limited for initial cash consideration of A$20 Million, with a further contingent payment of A$10 Million. The Shareholders of Aviva have approved the transaction at a General Meeting of Shareholders held September 11, 2012. Included are interests in a joint venture with LONMIN PLC (“Lonmin”, LSE: LMI) covering the Ndori and Siaya Special Licenses. The Siaya Special License is contiguous to the Company’s Ugunja Gold Project, which lies just to the North and West of Siaya on trend under the Company’s geologic interpretation of the region. Read More >>

August 2, 2012
FIELD WORK AT AFRICAN QUEEN’S UGUNJA GOLD PROJECT IN KENYA’S LAKELAND DISTRICT GENERATES STRONG TARGETS; VISIBLE GOLD ENCOUNTERED
Vancouver, British Columbia — AFRICAN QUEEN MINES LTD. (the “Company”) is pleased to announce that field work in its Phase 1b Exploration Program at the Ugunja Gold Project has been progressing in a very positive manner, leading to identification of a number of drill targets and revealing the presence of visible gold near surface as well as structure with potential to host commercial deposits. The Ugunja Project encompasses approximately 370 sq. km in the Busia, Siaya and Kakamega areas (aka the Lakeland District) located N of the shores of Lake Victoria in Western Kenya. It is situated approximately 100 km to the NW of the Company’s Odundu Project in the Rongo Gold Fields, also on the Lake Victoria greenstone belt, where core drilling is presently underway (see PR dated July 12, 2012). Read More >>

July 11, 2012
AFRICAN QUEEN ENCOUNTERS BROAD ZONES OF MINERALIZATION AT ITS ODUNDU PROPERTY IN KENYA’S RONGO GOLD FIELDS
Vancouver, British Columbia — AFRICAN QUEEN MINES LTD. (the “Company”) is pleased to announce that it has encountered broad zones of mineralization at its Odundu property in Kenya’s Rongo Gold Fields (the “Project”), in its trenching program and in the initial holes drilled to date in its ongoing core drilling program. The Project covers an area of approximately 97 sq. km in the Kanango gold mining area of the Migori District of Nyanza Province in Southwest Kenya near Lake Victoria. It is situated some 380 km. by road from the capital city of Nairobi and 60 km. N of the border with Tanzania, forming part of the rich Lake Victoria Greenstone Belt extending from Tanzania and hosting known world-class gold deposits including African Barrick Gold’s Bulyanhulu and North Mara Mines, within approximately 100 km. of the Project, and AngloGold Ashanti’s Geita Mine. Read More >>

April 25, 2012
TERM OF EXPLORATION LICENSE EXTENDED TWO YEARS AT AFRICAN QUEEN’S ODUNDU PROPERTY IN KENYA’S RONGO GOLD FIELDS
Vancouver, British Columbia — AFRICAN QUEEN MINES LTD. (the “Company”) is pleased to announce that the Mines and Geological Department of the Republic of Kenya has now renewed Special License No. 287 (the “License”), granted to the Company’s joint venture partner Abba Mining Company Limited (“Abba”), for a further period of two years to January 22, 2014. The original license was issued to Abba on January 22, 2010, for an initial term of two years. In addition, the boundaries of the License were varied to effectuate the settlement agreement entered into by Abba and B & M Mining Company Limited (see Press Release dated February 3, 2012), by reducing the area covered by the License by 15 sq. km to 97 sq. km. Read More >>

April 17, 2012
AFRICAN QUEEN APPOINTS JENNIFER TODHUNTER AS NEW CFO AND DIRECTOR
Vancouver, British Columbia — AFRICAN QUEEN MINES LTD. (the “Company”) is pleased to announce that Ms. Jennifer Todhunter has been appointed to serve as the new Chief Financial Officer of the Company and as a Director, replacing Mr. Mark Lotz. Mr. Lotz has resigned as CFO and as a Director in order to pursue other professional and personal interests, including the development of his own accounting practice. He will remain as a Financial Consultant for the Company until August 2012. Read More >>

April 16, 2012
CORE DRILLING COMMENCES AT AFRICAN QUEEN’S ODUNDU PROPERTY IN KENYA’S RONGO GOLD FIELDS
Vancouver, British Columbia — AFRICAN QUEEN MINES LTD. (the “Company”) is pleased to announce that Kenya-based Akili Minerals Services Limited has initiated the Company’s core drilling program at its Odundu property in Southwest Kenya’s Rongo Gold Fields. The Company previously completed a comprehensive program of regional exploration including mapping, sampling trenching and ground and airbourne geophysics. The Odundu property covers an area of approximately 97 sq. km in the Kanango gold mining area of the Migori District of Nyanza Province in Southwest Kenya near Lake Victoria. The Project is situated some 380 km. by road from the capital city of Nairobi and 60 km. N of the border with Tanzania, forming part of the rich Lake Victoria Greenstone Belt extending from Tanzania and hosting known world-class gold deposits including African Barrick Gold’s Bulyanhulu and North Mara Mines, within approximately 100 km. of the Project, and AngloGold Ashanti’s Geita Mine. Read More >>

April 3, 2012
AFRICAN QUEEN MINES SECURES DRILLER FOR ITS ODUNDU PROPERTY IN KENYA; MOBILIZATION UNDERWAY
Vancouver, British Columbia — AFRICAN QUEEN MINES LTD. (the “Company”) is pleased to announce that it has now executed a formal agreement with Kenya-based Akili Minerals Services Limited to undertake a core drilling program at its Odundu property in Southwest Kenya’s Rongo Gold Fields. The Odundu property covers an area of approximately 97 sq. km in the Kanango gold mining area of the Migori District of Nyanza Province in Southwest Kenya near Lake Victoria. The Project is situated some 380 km. by road from the capital city of Nairobi and 60 km. N of the border with Tanzania, forming part of the rich Lake Victoria Greenstone Belt extending from Tanzania and hosting known world-class gold deposits including African Barrick Gold’s Bulyanhulu and North Mara Mines, within approximately 100 km. of the Project, and AngloGold Ashanti’s Geita Mine. Read More >>

March 30, 2012
AFRICAN QUEEN CLOSES SECOND TRANCHE OF $2.417 MILLION PRIVATE PLACEMENT
Vancouver, British Columbia — AFRICAN QUEEN MINES LTD. (the “Company”) is pleased to announce the closing of the second tranche of its previously announced non-brokered private placement, which has raised gross proceeds of CAD $702,900. Together with the first tranche, previously announced, the Company raised aggregate gross proceeds in this private placement of CAD $2,417,019. Read More >>

March 16, 2012
AFRICAN QUEEN CLOSES $1.7 MILLION FIRST TRANCHE OF PRIVATE PLACEMENT
Vancouver, British Columbia — AFRICAN QUEEN MINES LTD. (the “Company”) is pleased to announce the closing of the first tranche of its previously announced non-brokered private placement which has raised gross proceeds of CAD $1,714,119. Under the terms of the private placement, the Company has issued 7,791,450 Units (the “Units”) at CAD $0.22 per Unit. Read More >>

March 6, 2012
AFRICAN QUEEN ANNOUNCES PRIVATE PLACEMENT
Vancouver, British Columbia — AFRICAN QUEEN MINES LTD. (the “Company”) is pleased to announce a non-brokered private placement offering to raise gross proceeds of up to CAD $1.98 million. Under the terms of the private placement, the Company will offer for sale up to 9,000,000 Units (the “Units”) at CAD $0.22 per Unit. The Company may, in its discretion, increase the size of this offering by up to 20% to a maximum of 10,800,000 Units. Read More >>

February 16, 2012
FAVORABLE EXPLORATION RESULTS AT AFRICAN QUEEN’S ODUNDU PROSPECT IN KENYA POINT TO HIGHLY PROSPECTIVE DRILL TARGETS FOR UPCOMING PROGRAM
Vancouver, British Columbia — AFRICAN QUEEN MINES LTD. (the “Company”) is pleased to report favorable results from its preliminary field work and airbourne geophysics at its Odundu property in southwest Kenya’s Rongo Gold Fields, which are being utilized for target generation for its upcoming core drilling program. A convergence of positive sampling and geochemical results from field work with positive results from ground and airbourne geophysics studies points to a number of highly prospective targets that the Company is planning to test by drilling. Read More >>

February 3, 2012
LEGAL SETTLEMENT PROCESS SUCCESSFULLY COMPLETED AT AFRICAN QUEEN’S RONGO GOLD FIELDS PROJECT IN KENYA
Vancouver, British Columbia — AFRICAN QUEEN MINES LTD. (the “Company”) is pleased to announce that the details of the legal settlement process relating to the land dispute over certain areas of the Rongo Gold Fields Project in southwest Kenya have now been successfully completed. On November 28, 2011, it was announced that B & M Mining Company Limited (“B&M”) and Abba Mining Company Limited (“Abba”) had reached a settlement agreement relating to their land dispute. Linear Metals Corporation (“Linear”) and the Company had consented to and were parties to such settlement agreement between their respective joint venture partners. Read More >>

January 19, 2012
AFRICAN QUEEN SECURES DRILLER FOR NOYEM-NYANFOMAN PROJECT ON GHANA’S ASHANTI BELT; FEBRUARY START DATE SET
Vancouver, British Columbia — AFRICAN QUEEN MINES LTD. (the “Company”) is pleased to announce that it has now executed a formal agreement with E-Drilling Ghana Limited and E. Global Drilling Corp., affiliated with Energold Drilling Corp. (TSX.V: EGD), to undertake a core drilling program at its Noyem-Nyanfoman Project on Ghana’s Ashanti Belt. Mobilization is to be commenced prior to the end of January, with drilling slated to start in mid-February. An initial 2000 m program is contemplated with further meterage to be added by the Company on a result contingent basis. The drill program will be overseen by the Company’s senior technical team and by personnel from consulting firm Remote Exploration Services of Cape Town, S.A. Read More >>

January 6, 2012
AFRICAN QUEEN REPORTS RESULTS FROM 2011 RECONNAISSANCE DRILL PROGRAM AT KING SOLOMON FOCUSING ON NEW TARGETS AND STEP-OUTS FROM MANKOMBITI ZONE
Vancouver, British Columbia — AFRICAN QUEEN MINES LTD. (the “Company”) reports that it has now received from Genalysis Laboratories of Johannesburg, S.A. analytical results from drill holes comprising its 2011 dry season reconnaissance core drilling program at The King Solomon Project, located within the central parts of the Mesoproterozoic Fingoe Belt in western Tete Province, Mozambique. A total of 18 holes were drilled as part of the program, aggregating approximately 2346 meters. The program was designed to test the Bulasho target and several other targets on trend, as well as including some step-out drilling from the Mankombiti Zone. Gold, copper and silver mineralization continued to be intersected in most of the holes, but the grades and widths intersected were not deemed to significantly advance the size of the potential resource at the Project. However, the drilling confirmed the regional continuity of the expansive gold and copper anomalies previously traced on surface and there remains in excess of 3 km of strike length to be tested, as well as other regional targets to be explored. Read More >>

December 30, 2011
AFRICAN QUEEN SETS DRILLING PLANS FOR GHANA AND KENYA GOLD PROPERTIES; ABANDONS TWO DIAMOND PROSPECTS
Vancouver, British Columbia — AFRICAN QUEEN MINES LTD. (the “Company”) is pleased to announce that it has now completed a thorough review of its portfolio of exploration properties in Southern, West and East Africa, in order to prioritize projects for development in 2012 while at the same time paring down its portfolio to eliminate certain early-stage projects which have not generated sufficiently promising initial results to warrant continued exploration. A decision has now been reached to commence core drilling programs during the first quarter of 2012 at the Company’s Noyem-Nyanfoman Gold Project in Ghana, as well as its Odundu target at the Rongo Gold Fields Project in Kenya. Drill targets have already been identified through 2011 work programs at each of such projects, where recent legal settlements have cleared the way for accelerated exploration and development. Drilling is in preparation and further details will be announced shortly. Read More >>

November 28, 2011
Kenyan Partners of Linear Metals and African Queen Mines Settle Kenya Property Dispute
HALIFAX, NOVA SCOTIA and VANCOUVER, BRITISH COLUMBIA--(Marketwire -11/28/11)- Linear Metals Corporation (TSX: LRM.TO - News)(PINK SHEETS: LMTCF) and African Queen Mines Ltd. (TSX-V: AQ.V - News) are pleased to announce that their respective joint venture partners, B&M Mining Company Limited ("B&M") and Abba Mining Company Limited ("Abba"), have reached a settlement agreement relating to the previously announced dispute over certain mineral claims in southwest Kenya (the "Agreement"). Linear and African Queen have consented to and were parties to the Agreement. Read More >>

September 13, 2011
AFRICAN QUEEN ACHIEVES BREAKTHROUGH IN SETTLEMENT NEGOTIATIONS AT NOYEM-NYANFOMAN PROJECT; 12 MORE KEY SMALL SCALE LICENSES RELINQUISHED
Vancouver, British Columbia — AFRICAN QUEEN MINES LTD. (the "Company") is pleased to announce that documentation has now been executed providing for the relinquishment of twelve additional licenses and/or applications covering contiguous small scale mining licenses aggregating approximately 300 acres on the Noyem A reef at its Noyem-Nyanfoman Project on Ghana’s Ashanti Belt. Together with the seven licenses covered by the prior settlements announced in the Company’s Press Releases dated July 14, 2011 and July 27, 2011, the Company has now reached accords covering 19 of the 26 small scale licenses in or near the area of interest. The effect of the settlements to date is to return control of the Noyem A reef and its historic resource area to the Company so as to enable it to proceed with potential development of a large-scale project. Read More >>

August 26, 2011
AFRICAN QUEEN APPOINTS MARK LOTZ AS NEW CFO AND DIRECTOR
Vancouver, British Columbia — AFRICAN QUEEN MINES LTD. (the "Company") is pleased to announce that Mr. Mark Lotz, C.A., has been appointed to serve as the new Chief Financial Officer of the Company and as a Director, replacing Ms. Limor Rubin, C.A. Ms. Rubin has resigned as CFO and as a Director in order to pursue other professional and personal interests as she relocates overseas with her family. She will remain as a Financial Consultant for the Company for a period of one year. Read More >>

August 26, 2011
AFRICAN QUEEN APPOINTS JENNIFER TODHUNTER AS VP FINANCIAL ADMINISTRATION
Vancouver, British Columbia — AFRICAN QUEEN MINES LTD. (the "Company")is pleased to announce that Ms. Jennifer Todhunter has been appointed to serve as VP Financial Administration of the Company. Ms. Todhunter has served the Company in the capacity of Finance Manager since May 2005. Ms. Todhunter has extensive accounting and finance experience, dealing with the complexities of both private and public corporations. She has spent the last ten years working with public companies, predominantly those in the mining industry. Read More >>

August 8, 2011
AFRICAN QUEEN CLOSES $2.4 MILLION PRIVATE PLACEMENT
Vancouver, British Columbia — AFRICAN QUEEN MINES LTD. (the "Company") is pleased to announce the closing of its previously announced non-brokered private placement which has raised gross proceeds of CAD $2,400,000. Under the terms of the private placement, the Company has issued 9,600,000 Units (the “Units”) at CAD $0.25 per Unit. Read More >>

July 27, 2011
SETTLEMENT PROCESS PROGRESSING AT AFRICAN QUEEN’S NOYEM-NYANFOMAN PROJECT; 3 MORE SMALL SCALE LICENSES RELINQUISHED
Vancouver, British Columbia — AFRICAN QUEEN MINES LTD. (the "Company")is pleased to announce that documentation has now been executed providing for the relinquishment of three additional licenses and/or applications covering small scale mining licenses aggregating approximately 73 acres on or in close proximity to the Noyem A reef, with a view toward facilitating development of a potential large scale mining project at its Noyem-Nyanfoman Project on Ghana’s Ashanti Belt. Together with the four licenses covered by the initial settlement with the Nyanfoman Chief, announced in the Company’s Press Release dated July 14, 2011, the Company has now reached accords covering 7 of the 26 small scale licenses in the area of interest. Read More >>

July 15, 2011
AFRICAN QUEEN REACHES ACCORD WITH NYANFOMAN CHIEF AT NOYEM-NYANFOMAN GOLD PROJECT IN GHANA, LEADING TO RELINQUISHMENT OF FIRST GROUP OF SMALL-SCALE LICENSES
Vancouver, British Columbia — AFRICAN QUEEN MINES LTD. (the "Company") is pleased to announce that it has now signed an accord with the Nyanfoman Chief, Nana Ansah Sasraku Nipa Pepprah IV, in respect of development of its Noyem-Nyanfoman Prospecting License LVB 10244/1995 on Ghana’s renowned Ashanti Belt. Documentation has been executed providing for the relinquishment of licenses and/or applications covering four separate small scale mining licenses aggregating approximately 88.78 acres on or in close proximity to the Noyem A reef, with a view toward facilitating development of a potential large scale mining project on site. Read More >>

July 8, 2011
AFRICAN QUEEN ANNOUNCES PRIVATE PLACEMENT
Vancouver, British Columbia — AFRICAN QUEEN MINES LTD. (the "Company") is pleased to announce a non-brokered private placement offering to raise gross proceeds of up to CAD $2 million. Under the terms of the private placement, the Company will offer for sale up to 8,000,000 Units (the “Units”) at CAD $0.25 per Unit. The Company may, in its discretion, increase the size of this offering by up to 20% to a maximum of 9,600,000 Units. Read More >>

June 14, 2011
GROUND GEOPHYSICS SURVEY UNDERWAY AT AFRICAN QUEEN’S RONGO GOLD FIELDS PROJECT IN KENYA’S LAKE VICTORIA GREENSTONE BELT
Vancouver, British Columbia — AFRICAN QUEEN MINES LTD. (the "Company") is pleased to announce that work is now underway on a ground geophysics survey at its Rongo Gold Fields Project (the “Project”), which covers an area of approximately 112 sq. km in the Kanango gold mining area of the Migori District of Nyanza Province in Southwest Kenya near Lake Victoria. The Project is situated some 380 km. by road from the capital city of Nairobi and 60 km. N of the border with Tanzania, forming part of the rich Lake Victoria Greenstone Belt extending from Tanzania and hosting known world-class gold deposits including African Barrick Gold’s Bulyanhulu and North Mara Mines, within approximately 100 km. of the Project, and AngloGold Ashanti’s Geita Mine. Read More >>

June 3, 2011
2011 CORE DRILLING PROGRAM NOW UNDERWAY AT AFRICAN QUEEN'S KING SOLOMON PROJECT IN MOZAMBIQUE
Vancouver, British Columbia — AFRICAN QUEEN MINES LTD. (the "Company") is pleased to announce that it has now commenced its 2011 core drilling program covering approximately 3000 m at its King Solomon Project (the “Project”), which is located within the central parts of the Mesoproterozoic Fingoe Belt N of Lake Cahorra Basa in western Tete Province, Mozambique. The Project is the subject of the Earn-in and Joint Venture Agreement dated July 10, 2009 (the “Agreement”), with Swiss-based Opti Metal Trading Limited (“Optimetal”), covering exploration, development and exploitation of Prospecting License No. 884L held by Optimetal’s Mozambique subsidiary (the “License”). The License covers an area of approximately 230 km2 in the center of the Fingoe Belt and is now valid through May, 2015. The Company has thus far earned an interest of 51% in the Project and may earn up to 85% by funding additional prescribed stages through feasibility. Read More >>

June 1, 2011
AFRICAN QUEEN GRANTED PROSPECTING LICENSE FOR NEW KARAMERI METALS PROJECT IN KENYA
Vancouver, British Columbia — AFRICAN QUEEN MINES LTD. (the "Company") is pleased to announce that its Kenyan operating subsidiary, AQ Kenya Gold Limited (“AQKGL”), has now been granted Special License No. 307 (the “License”) by the Commissioner of Mines and Geology of the Government of the Republic of Kenya (the “Commissioner”). The License grants full and exclusive rights to AQKGL to prospect and explore for copper, gold, nickel and iron ore for an initial period of two years within an area of approximately 850 sq. km. known as Karameri in the West Pokot District in Western Kenya near the border with Uganda (the “License Area”). The License Area is approximately 240 km. N of the city of Kisumu, where AQKGL maintains its principal base of operations and manages its joint ventures for the Rongo Gold Fields and Ugunja Projects which are also in the region. Read More >>

May 23, 2011
AFRICAN QUEEN COMMENCES 2011 FIELD PROGRAM AT NOYEM-NYAFOMAN GOLD PROJECT IN GHANA
Vancouver, British Columbia — AFRICAN QUEEN MINES LTD. (the "Company") is pleased to announce that it has now commenced the Phase 1 2011 Exploration Program on its Noyem-Nyafoman Prospecting License LVB 10244/1995. The initial work program underway by AQ Ghana Gold Limited, the Company’s operating subsidiary in Ghana (“AQGGL”), covers detailed geological mapping of the license area, with particular attention to the location of all current and historic artisanal mining sites. In addition, the mapping is designed to provide information on the strike extent on the license area of the outcropping Banket Conglomerate which is associated with the known palaeoplacer gold mineralization. Mapping to date has already revealed the existence of a previously undocumented old colonial shaft on the western portion of the license known as Noyem B. Read More >>

April 27, 2011
FIELD WORK UNDERWAY AT AFRICAN QUEEN’S UGUNJA GOLD PROJECT IN KENYA’S LAKELAND DISTRICT
Vancouver, British Columbia — AFRICAN QUEEN MINES LTD. (the "Company")”) is pleased to announce that work is now underway on the ground in its Phase 1 Exploration Program at the Ugunja Gold Project, which encompasses approximately 625 sq. km in the Busia, Siaya and Kakamega areas (aka the Lakeland District) located N of the shores of Lake Victoria in Western Kenya. The initial work presently being undertaken comprises principally stream and termite-mound soil sampling, together with mapping. To date, more than 1100 termite-mound soil samples have been collected as well as more than 150 stream samples from the license area. Sampling is ongoing. Mapping of the Samia Hills ironstones (containing isolated known gold occurrences) should be completed this week. All samples will be transported to Scientific Services Laboratories in Cape Town, South Africa for gold and base metals analysis. This program is designed to identify potential targets for a later drill program to be carried out. Read More >>

April 21, 2011
AFRICAN QUEEN GRANTED PERMITS FOR 2011 WORK PROGRAM AT NOYEM-NYAFOMAN GOLD PROJECT IN GHANA
Vancouver, British Columbia — AFRICAN QUEEN MINES LTD. (the "Company") is pleased to announce that it has now received the requisite permits for its Phase 1 2011 Exploration Program, including ground exploration work as well as an airbourne geophysical survey, on its Noyem-Nyafoman Prospecting License LVB 10244/1995. The Chief Inspector of Mines has granted AQ Ghana Gold Limited, the Company’s operating subsidiary in Ghana, a Prospecting Permit covering the ground program. The Ghana Civil Aviation Authority has also granted approval for the Company’s planned airbourne geophysical survey comprising up to 2370 line kilometers to be flown by helicopter. Equipment and personnel are presently being mobilized with a view toward commencing work as soon as practicable. Read More >>

March 31, 2011
KENYA’S HIGH COURT GRANTS INTERIM ORDER TO AFRICAN QUEEN’S JV PARTNER ABBA MINING AGAINST ADVERSE LICENSE CLAIMANT
Vancouver, British Columbia — AFRICAN QUEEN MINES LTD. (the "Company") announces that the High Court of Kenya in Kisumu has issued a formal order staying the effectiveness of the adverse license claim of B & M Mining Company (“B & M”) covering 15 sq. km in the Kamwango area which is also covered by Special License no. 287 previously granted January 22, 2010, to Abba Mining Company (“Abba”), which covers an aggregate of 112 sq. km. (Please see the Company’s Press Release dated February 14, 2011.) The order is in effect for a period of up to 60 days to allow for disposition by the Court of the substantive merits of the dispute. The matter has now been scheduled for hearing on the merits on May 12, 2011. Read More >>

March 24, 2011
GHANA MINING COMMISSION EXTENDS TERM OF AFRICAN QUEEN’S NOYEM-NYAFOMAN LICENSE SETTING STAGE FOR 2011 WORK PROGRAM
Vancouver, British Columbia — AFRICAN QUEEN MINES LTD. (the "Company") is pleased to announce that the Ghana Mining Commission has now extended the Term of the underlying Noyem-Nyafoman Prospecting License LVB 10244/1995 (the “License”) for a period of one year through March 22, 2012. Extension of the license, which recently was formally transferred to the Company’s operating subsidiary AQ Ghana Gold Limited from Newmont Ghana Gold Limited (“NGGL”), now sets the stage for the Company to commence its 2011 Phase 1 Exploration Program on the Project. Details of said Program have been submitted to the Mining Commission and work will commence upon receipt of approval. Read More >>

March 3, 2011
AFRICAN QUEEN MINES EXPANDS PRESENCE IN KENYA: SIGNS EARN-IN AND JV AGREEMENT FOR UGUNJA GOLD PROJECT IN KENYA’S LAKELAND DISTRICT
Vancouver, British Columbia — AFRICAN QUEEN MINES LTD. (the "Company") is pleased to announce that it has now entered into an Earn-in and Joint Venture Agreement (the “Agreement”), through its wholly-owned operating subsidiary AQ Kenya Gold Limited (“AQKGL”), with Kenyan private company KENYA DISCOVERY LIMITED (“KDL”), covering exploration, development and exploitation of the Ugunja Gold Project (the “Project”). The Project is the subject of Special License No. 227 (the “License”), granted to KDL by the Commissioner of Mines and Geology in the Government of the Republic of Kenya (the “Commissioner”) on September 30, 2005, which was renewed on January 5, 2011, and covers exclusive rights to prospect and explore within an area of approximately 625 sq. km in the Busia, Siaya and Kakamega areas (aka the Lakeland District) located N of the shores of Lake Victoria in Western Kenya. Read More >>

February 27, 2011
AFRICAN QUEEN CORRECTS AND CLARIFIES PRESS RELEASE DATED FEBRUARY 24, 2011, CONCERNING ORDER BY KENYA’S HIGH COURT
Vancouver, British Columbia — AFRICAN QUEEN MINES LTD. (the "Company") announces that its Press Release dated February 24, 2011, erroneously reported that the High Court of Kenya in Kisumu had issued a formal order prohibiting any activities by B & M Mining Company (“B & M”) and its affiliates on B & M’s disputed License no. 214 covering 15 sq. km in the Kamwango area, which is also covered by Special License no. 287 granted to Abba Mining Company (“Abba”) on January 22, 2010, which covers an aggregate of 112 sq. km., and had stayed the effectiveness of said License no. 214, thereby prohibiting B & M and its JV partner Linear Metals Corporation (T: LMR) from entering upon the disputed ground. This erroneous language is hereby retracted. The Company is not a party to the foregoing action and relied upon information supplied by sources in Kenya which was believed to be true but turned out to contain errors. Read More >>

February 24, 2011
AFRICAN QUEEN’S JV PARTNER ABBA MINING WINS INTERIM ORDER IN KENYA’S HIGH COURT TODAY AGAINST ADVERSE LICENSE CLAIMANT
Vancouver, British Columbia — AFRICAN QUEEN MINES LTD. (the "Company") announces that the High Court of Kenya in Kisumu has issued a formal order today prohibiting any activities by B & M Mining Company (“B & M”) and its affiliates on B & M’s disputed license covering 15 sq. km in the Kamwango area which is also covered by Abba Mining Company’s Special License no, 287 granted January 22, 2010, which covers an aggregate of 112 sq. km. (Please see the Company’s Press Release dated February 14, 2011.) The order is in effect pending formal adjudication of the dispute, which is scheduled to commence on March 3, 2011. Read More >>

February 14, 2011
AFRICAN QUEEN’S JV PARTNER ABBA MINING IN DISPUTE OVER PORTION OF RONGO LICENSE IN KENYA
Vancouver, British Columbia — AFRICAN QUEEN MINES LTD. (the "Company") announces that a dispute has arisen between its joint venture partner, Abba Mining Company Ltd. (“Abba”), owner of Special License No.287 granted January 22, 2010, covering approximately 112 sq. km. comprising the Rongo Gold Fields Project in the Rongo district of Southwest Kenya, and B & M Mining Company (“B & M”), a Kenyan company which held a prior license over certain portions of the area from 2003 through 2005. B & M is now asserting that it has valid rights covering 15 sq. km. of the 112 sq. km under license by Abba due to technical issues related to the termination of its license. The matter is being adjudicated by Abba in Kenya through arbitration and possible court action. Read More >>

February 2, 2011
AFRICAN QUEEN’S CHAIRMAN MEETS WITH KENYA’S PRIME MINISTER
Vancouver, British Columbia — AFRICAN QUEEN MINES LTD. (the "Company") is pleased to announce that its Chairman and CEO, Irwin Olian, had a personal audience today with the Hon. Raila Odinga, Prime Minister of Kenya. They discussed the Company’s plans for exploration and development of projects in Kenya and development of the mining sector. The meeting was one of a series of meetings taking place this week in Kenya between senior management of the Company and various government and mining department officials. In addition, Mr. Olian will be appearing on national television in Kenya at 9:00 P.M. on Sunday, February 6, 2011, on KTN’s “MONEY AND POWER.” Read More >>

January 31, 2011
FURTHER DRILLING AT AFRICAN QUEEN'S KING SOLOMON PROJECT CONFIRMS SIGNIFICANT COPPER, GOLD AND SILVER MINERALIZATION AT MANKOMBITI TARGET AND POINTS TO PROSPECTIVITY OF WESTERN ZONES; LATEST RESULTS INCLUDE 6.02 m of 1.09% Cu, 0.88 g/t Au and 18 g/t Ag
Vancouver, British Columbia — AFRICAN QUEEN MINES LTD. (the "Company") is pleased to announce that it has now received from Genalysis Laboratories of Johannesburg, S.A. analytical results from the remaining 16 drill holes from its initial reconnaissance core drilling program at The King Solomon Project, located within the central parts of the Mesoproterozoic Fingoe Belt in western Tete Province, Mozambique. The initial 2000 m program was expanded to approximately 3000 m encompassing a total of 19 holes in view of the encouraging preliminary results and the continuation of the dry season, which permitted additional drilling during the latter part of 2010. Results of the first three holes from the Mankombiti West target were reported in the Company’s PR dated October 4, 2010, and included significant copper, gold and silver mineralization in all three holes, including an intersection of 7.73 m of 1.51% Cu, 1.32 g/t Au and 27.6 g/t Ag in Hole MW03. Read More >>

January 21, 2011
GHANA MINISTRY CONSENTS TO TRANSFER OF NOYEM LICENSE FROM NEWMONT TO AFRICAN QUEEN
Vancouver, British Columbia — AFRICAN QUEEN MINES LTD. (the "Company") is pleased to announce that Hon. Alhaji Collins Dauda (MP), Minister of Lands, Forestry and Mines of the Republic of Ghana, has today consented to the Purchase and Sale Agreement dated September 29, 2009, as amended, between Newmont Ghana Gold Limited (“NGGL”), the Ghanaian subsidiary of Newmont Mining Corporation (NYSE: “NEM”), and the Company’s Ghanaian subsidiary, AQ Ghana Gold Ltd. (“AQGGL”), and transfer of the underlying Noyem-Nyafoman Prospecting License (the “License”) to AQGGL. Formal transfer of the License is pending payment of customary transfer fees and taxes. Senior management of the Company will be traveling to Ghana next week for meetings with Government officials, representatives of NGGL and members of the local community to discuss final details of the transfer and the way forward for the Company’s Phase 1 exploration program. A further update will be provided following such meetings. Read More >>

December 3, 2010
AFRICAN QUEEN COMPLETES SECOND TRANCHE OF $3.284 MILLION PRIVATE PLACEMENT
Vancouver, British Columbia — AFRICAN QUEEN MINES LTD. (the "Company") ”) is pleased to announce the closing of the second tranche of its previously announced non-brokered private placement which has raised gross proceeds of CAD $1,242,505. Together with the first tranche, previously announced, the Company raised aggregate gross proceeds in this private placement of CAD $3,283,970. Read More >>

November 1, 2010
AFRICAN QUEEN CLOSES $2.04 MILLION FIRST TRANCHE OF PRIVATE PLACEMENT
Vancouver, British Columbia — AFRICAN QUEEN MINES LTD. (the "Company") is pleased to announce the closing of the first tranche of its previously announced non-brokered private placement which has raised gross proceeds of CAD $2,041,465. Under the terms of the private placement, the Company has issued 3,140,716 Units (the “Units”) at CAD $0.65 per Unit. Read More >>

October 25, 2010
AFRICAN QUEEN MINES COMPLETES AIRBOURNE GEOPHYSICAL SURVEY AND FIRST PHASE OF GROUND EXPLORATION AT RONGO GOLD FIELD PROJECT IN KENYA’S LAKE VICTORIA GREENSTONE BELT
Vancouver, British Columbia — AFRICAN QUEEN MINES LTD. (the "Company")is pleased to announce that it has now completed a detailed airbourne geophysical survey together with the first phase of ground exploration on its Rongo Gold Field Project, which covers an area of approximately 112 sq. km in the Kanango gold mining area of the Migori District of Nyanza Province in Southwest Kenya near Lake Victoria. Together, the airbourne survey and ground exploration program were designed to identify anomalous areas and areas of structural interest in order to advance the Company’s understanding of the geological structure of the license area and to identify targets for follow-up exploration and a reconnaissance core drilling program. They comprise Phase 1 of the Company’s exploration program at Rongo. Work has been underway for the past 4 months on site. Read More >>

October 18, 2010
AFRICAN QUEEN ANNOUNCES PRIVATE PLACEMENT
Vancouver, British Columbia — AFRICAN QUEEN MINES LTD. (the "Company")is pleased to announce a non-brokered private placement offering to raise gross proceeds of up to CAD $4.875 million. Under the terms of the private placement, the Company will offer for sale up to 7,500,000 Units (the “Units”) at CAD $0.65 per Unit. The Company may, in its discretion, increase the size of this offering by up to 20% to a maximum of 9,000,000 Units. Read More >>

October 4, 2010
INITIAL DISCOVERY HOLES AT AFRICAN QUEEN'S KING SOLOMON PROJECT REVEAL SIGNIFICANT COPPER, GOLD AND SILVER MINERALIZATION AND SUGGEST ROBUST POLYMETALLIC SYSTEM; RESULTS INCLUDE 7.73 m of 1.51% Cu, 1.32 g/t Au and 27.6 g/t Ag
Vancouver, British Columbia — AFRICAN QUEEN MINES LTD. (the "Company") is pleased to announce that it has now received from Genalysis Laboratories of Johannesburg, S.A. analytical results from the first three reconnaissance drill holes from the ongong core drilling program at The King Solomon Project, located within the central parts of the Mesoproterozoic Fingoe Belt in western Tete Province, Mozambique. All three holes reported significant copper, gold and silver mineralization at depths less than 120 m. Hole 3 included an intersection of 7.73 m of 1.51% Cu, 1.32 g/t Au, 27.6 g/t Ag and 376 ppm Bi, while Hole 2 included three separate intersections ranging in width from 4 to 11 m each of similar mineralization. Individual meter by meter samples of a maximum 5.7% Cu as well as 70 ppm Ag were reported, but generally copper values recovered are between 1% and 2%. Noteworthy gold grades have also been recorded within the mineralized zones. Read More >>

September 20, 2010
AFRICAN QUEEN MINES REPORTS 5-YEAR EXTENSION OF THE KING SOLOMON PROSPECTING LICENSE
Vancouver, British Columbia — AFRICAN QUEEN MINES LTD. (the "Company") is pleased to announce that its Earn-In and JV partner, Swiss-based Opti Metal Trading Limited (“OptiMetal”), has now been granted, through its operating subsidiary Opti Metal Trading Mocambique, Limitada, a five-year extension on its underlying Prospecting License No. 884L. The License was issued by the Ministry of Mineral Resources of the Republic of Mocambique and is now effective for the period through May 20, 2015. It covers an area of approximately 230 sq. km in the center of the Fingoe Belt, encompassing the King Solomon Project. It is contemplated that the License will ultimately be transferred to a joint venture company to be formed by the partners and owned in proportion to their respective interests. Read More >>

September 2010 - GOLDLETTER INTERNATIONAL - Special Situations Report

August 12, 2010
AFRICAN QUEEN MINES COMMENCES AIRBOURNE GEOPHYSICAL SURVEY AT RONGO GOLD FIELD PROJECT IN KENYA'S LAKE VICTORIA GREENSTONE BELT
Vancouver, British Columbia — AFRICAN QUEEN MINES LTD. (the "Company") is pleased to announce that it has now commenced a detailed airbourne geophysical survey on its Rongo Gold Field Project, which covers an area of approximately 112 sq. km in the Kanango gold mining area of the Migori District of Nyanza Province in Southwest Kenya near Lake Victoria. The survey is anticipated to highlight areas of structural interest such as faults and shear zones. Terrascan Airborne GmbH & Co Kg, based in Germany, has been contracted to carry out the program on behalf of the Company and has had extensive experience working in remote parts of Africa. Read More >>

July 19, 2010
AFRICAN QUEEN MINES COMMENCES FIELD EXPLORATION AT RONGO GOLD FIELD PROJECT IN KENYA’S LAKE VICTORIA GREENSTONE BELT
Vancouver, British Columbia — AFRICAN QUEEN MINES LTD. (the “Company”) is pleased to announce that it has now commenced its Phase 1 Exploration Program on the Rongo Gold Field Project in the Kanango gold mining area of the Migori District of Nyanza Province in Southwest Kenya near Lake Victoria. The Project is subject to an Earn-In and Joint Venture Agreement (the “Agreement”) between the Company and Abba Mining Company Limited (“Abba”), pursuant to which the Company may earn up to an 85% interest in the Project, which is covered by a license encompassing approximately 112 sq. km., by funding prescribed optional stages from exploration through feasibility. The Agreement and all planned work programs for Phase 1 have been approved by the Commissioner of Mines and Geology of the Government of the Republic of Kenya. Read More >>

June 28, 2010
AFRICAN QUEEN MINES COMMENCES CORE DRILLING AT KING SOLOMON PROJECT IN MOZAMBIQUE; RECENT IP SURVEY CONFIRMS PROSPECTIVITY
Vancouver, British Columbia — AFRICAN QUEEN MINES LTD. (the “Company”) is pleased to announce that core drilling has now commenced on the King Solomon Project in western Tete Province in Mozambique (the “Project”). The initial reconnaissance drill program of approximately 2000-3000 m is being conducted on a contract basis for the Company and its partner, Swiss-based Opti Metal Trading Limited (“Optimetal”), by Resource Drilling Mozambique Lda. of Tete, Mozambique. Resource Drilling has been active in most parts of Africa over the past 15 years and has a fleet of some 20 drill rigs. Read More >>

June 25, 2010
AFRICAN QUEEN MINES HIRES GREGORY NOWAK AS GHANA COUNTRY MANAGER AND NOYEM PROJECT MANAGER
Vancouver, British Columbia — AFRICAN QUEEN MINES LTD. (the “Company”) is pleased to announce that it has now engaged Gregory Nowak, P.Geo., to serve as its full-time Country Manager for its activities in Ghana and On-Site Project Manager for the Noyem Gold Project (the “Project”). Mr. Nowak is a highly seasoned Senior Geologist with more than 25 years experience, largely in exploration and project development. Most of his work has been in gold exploration in the West African countries of Ghana, Burkina Faso, Mali, Cote d’Ivoire, Liberia and Sierra Leone, as well as the western United States, Canada and South America. He has previously worked extensively throughout Ghana for Ashanti Goldfields, IGR and Red Back Mining, and is very familiar with the geology, mineralization and social structure there. He has worked in the Akyem and Konongo areas of Ghana, in the vicinity of the Project on the Ashanti Gold Belt. Read More >>

May 17, 2010
AFRICAN QUEEN MINES SIGNS EARN-IN AND JV AGREEMENT FOR RONGO GOLD FIELD PROJECT IN KENYA’S LAKE VICTORIA GREENSTONE BELT
Vancouver, British Columbia — AFRICAN QUEEN MINES LTD. (the “Company”) is pleased to announce that it has now entered into an Earn-in and Joint Venture Agreement (the “Agreement”) with Kenyan private company ABBA MINING COMPANY LIMITED (“Abba”), covering exploration, development and exploitation of the Rongo Gold Field Project (the “Project”), which is the subject of Special License No. 287 (the “License”), granted to Abba by the Commissioner of Mines and Geology of the Government of the Republic of Kenya (the “Commissioner”) on January 22, 2010. The License grants full and exclusive rights to prospect and explore for all minerals for an initial period of two years within an area of approximately 112 sq. km. known as the Rongo Gold Field in the Kanango gold mining area of the Migori District of Nyanza Province in Southwest Kenya near Lake Victoria. Read More >>

March 23, 2010
AFRICAN QUEEN RECEIVES 43-101 REPORT ON KING SOLOMON GOLD PROJECT
Vancouver, British Columbia — AFRICAN QUEEN MINES LTD. (the “Company”) is pleased to announce that it has now received the initial Technical Report in accordance with N.I. 43-101 on its King Solomon Gold Project in Mozambique (the “Report”). The Report was independently prepared by PAC Geological Consulting Inc. of Vancouver. Read More >>

Download: TECHNICAL REPORT ON THE KING SOLOMON GOLD PROJECT, MOZAMBIQUE, AFRICA (PDF)

March 6, 2010
AFRICAN QUEEN PARES DOWN EXPLORATION PORTFOLIO BY DROPPING MANICA FINGOE PROJECT IN MOZAMBIQUE AND OKAVANGO DIAMOND PROJECT IN BOTSWANA
Vancouver, British Columbia — AFRICAN QUEEN MINES LTD. (the “Company”) announces that it has completed a thorough review of its portfolio of exploration properties in Southern Africa. Based upon results of its work programs undertaken over the past three years, it has elected to pare down its portfolio by relinquishing certain gold permits and abandoning the Earn-In/JV with Manica Minerals Ltd. (“Manica”), in order to concentrate its exploration activities on its highest priority gold targets including the King Solomon Project. It has also elected to abandon the Okavango Diamond Project in Northwest Botswana to focus on its Tsau Diamond Project in Western Botswana and its Namibia Diamond Project based upon disappointing results from exploration at Okavango. Read More >>

March 3, 2010
REGIONAL SOIL SAMPLING RESULTS FROM KING SOLOMON PROJECT CONFIRM PROSPECTIVITY AND SET STAGE FOR UPCOMING CORE DRILL PROGRAM ON KEY TARGETS
Vancouver, British Columbia — AFRICAN QUEEN MINES LTD. (the “Company”) is pleased to announce receipt from Scientific Services Laboratories of Cape Town, S.A. of geochemical results from its extensive soil sampling survey over its King Solomon Project in Mozambique. After careful integration with geological mapping to date, as well as results of ground geophysics surveys and sampling programs previously completed, the current data indicate a number of linear Cu-Au-Zn enriched zones are present, with the potential to host skarnoid-type Cu-Au mineralization over the Mankombiti target as well as mesothermal shear-hosted Au-Cu-Zn mineralization over the Eiland and Kazito targets. The regional soil sampling results corroborate the strong rock and chip sample results from the three main target zones previously announced in the Company’s Press Releases of September 17 and October 14, 2009, and January 11, 2010. Read More >>

January 11, 2010
CHIP SAMPLES FROM INDEPENDENT STUDY OF AFRICAN QUEEN’S KING SOLOMON PROJECT CONFIRM THE COMPANY’S PRIOR FINDINGS AND POINT TO PROSPECTIVITY
Vancouver, British Columbia — AFRICAN QUEEN MINES LTD. (the “Company”) is pleased to announce receipt from Dr. Peter A. Christopher, P.Eng., of PAC Geological Consulting Inc. (“PAC”), of assay results of the 7 chip samples independently taken by PAC on its recent site visit to the project area in conjunction with preparation of its initial Technical Report on the project in accordance with N.I. 43-101. The samples, which include one gold value as high as 41 g/t au, copper values as high as 6% cu, zinc values as high as 12% zn, as well as strong silver credits, corroborate the results of the Company’s own grab rock samples previously announced in its prior Press Releases dated September 17, 2009 and October 14, 2009, and confirm prospectivity of the three main target zones at King Solomon. Read More >>

December 23, 2009
AFRICAN QUEEN CLOSES $2.36 MILLION PRIVATE PLACEMENT
Vancouver, British Columbia — AFRICAN QUEEN MINES LTD. (the “Company”) is pleased to announce the closing of its previously announced non-brokered private placement which has raised gross proceeds of CAD $2,359,522. Under the terms of the private placement, the Company has issued 3,932,538 Units (the “Units”) at CAD $0.60 per Unit to institutional and private investors. Read More >>

November 27, 2009
AFRICAN QUEEN ANNOUNCES PRIVATE PLACEMENT
Vancouver, British Columbia — AFRICAN QUEEN MINES LTD. (the “Company”) is pleased to announce a non-brokered private placement offering to raise gross proceeds of up to CAD $3.0 million. Under the terms of the private placement, the Company will offer for sale a maximum of 5,000,000 Units (the “Units”) at CAD $0.60 per Unit to institutional and private investors. The minimum subscription amount shall be $25,000. Read More >>

November 18, 2009
GEOPHYSICS DATA FROM GROUND MAGNETIC SURVEY AT KING SOLOMON GOLD PROJECT REVEAL STRONG ANOMALIES ASSOCIATED WITH PRIOR ROCK SAMPLES; CONFIRM POTENTIAL FOR HOSTING LARGE-SCALE MINERALISATION
Vancouver, British Columbia — AFRICAN QUEEN MINES LTD. (the “Company”) is pleased to announce that a ground magnetic survey covering an area of approximately 11 sq. km over its King Solomon Gold Project in Mozambique has now been successfully concluded. The data has been collected, processed and a detailed interpretation has been prepared by the Geophysics Division of Remote Exploration Services (“RES”) of Cape Town, S.A.. The high resolution ground magnetic survey utilizing 50 m line spacing was completed utilizing grids over the three most encouraging targets identified to date, namely the Mankombiti, Kazito and Eiland targets. The magnetic data strongly support the mapped geology and have revealed a marked coincidence between the anomalous zones delineated in the survey and the sampled areas reflected in prior strong rock sample results reported by the Company. RES modeled the anomalous zone at depth and concluded that the mineralized zone is essentially continuous at surface and appears to continue at depth. Read More >>

Click here to view Geophysics Survey Diagram>>

October 19, 2009
AFRICAN QUEEN SIGNS EARN-IN AND JV AGREEMENT WITH AKAN FOR KEY NOYEM GOLD PROJECT IN GHANA’S ASHANTI BELT; LICENSE BEING ACQUIRED FROM NEWMONT UNDER SEPARATE AGREEMENT
Vancouver, British Columbia — AFRICAN QUEEN MINES LTD. (the “Company”) is pleased to announce that it has now entered into an Earn-in and Joint Venture Agreement (the “Akan Agreement”), with Marshall Islands’ private company AKAN EXPLORATION LTD. (“Akan”), covering exploration, development and exploitation of the Noyem Gold Project, which is the subject of the Noyem-Nyafoman Prospecting License LVB 10244/1995 in Ghana (the “License”). Simultaneously, the Company has entered into a Purchase & Sale Agreement with Newmont Ghana Gold Limited (“NGGL”), the Ghanaian subsidiary of Newmont Mining Corporation (NYSE: “NEM”) (“Newmont”), under which NGGL is transferring the License directly to the Company’s Ghanaian subsidiary AQ Ghana Gold Ltd. (“AQGGL”), to be held in trust for the Joint Venture partners in accordance with the Akan Agreement. Read More >>

October 14, 2009
INITIAL ROCK SAMPLES FROM AFRICAN QUEEN'S KING SOLOMON PROJECT IN MOZAMBIQUE INDICATE PROTENTIAL FOR SIZEABLE COPPER-GOLD-SILVER POLYMETALLIC REGIONAL SKARN SYSTEM
Vancouver, British Columbia — AFRICAN QUEEN MINES LTD. (the “Company”) is pleased to announce that assay results have now been received from Scientific Services Laboratories (South Africa) for a further 62 grab rock samples collected as part of the Phase 1 exploration program on its King Solomon Project on the Fingoe Belt in western Tete Province, Mozambique. Of the latest 62 samples collected, 11 reported gold values > 3 g/t Au, 5 reported copper values > 10 % Cu, and 4 reported silver values > 200 ppm ag. Zinc was present in many of the samples, ranging nearly 40% Zn in the case of one sample. The highest values obtained from any single samples were No. 055L: 11.20 g/t Au, 23.3% Cu and 256.0 ppm Ag; and No. 038L: 12.75 g/t Au, 4.55 % Cu and 255.5 ppm Ag. These samples were collected from outcroppings from the Kazito and Makombiti prospects within the 10 km anomalous mineralized zone and are believed to represent fairly typical examples of the mineralization exposed. Read More >>

September 17, 2009
INITIAL ROCK SAMPLES FROM AFRICAN QUEEN'S KING SOLOMON PROJECT IN MOZAMBIQUE INDICATE PROTENTIAL FOR SIZEABLE COPPER-GOLD-SILVER POLYMETALLIC REGIONAL SKARN SYSTEM
Vancouver, British Columbia — AFRICAN QUEEN MINES LTD. (the “Company”) is pleased to announce that assay results have now been received from Acme Analytical Laboratories Ltd. (Vancouver) for the initial 23 grab rock samples collected as part of the Phase 1 exploration program on its King Solomon Project on the Fingoe Belt in western Tete Province, Mozambique. Of the 23 samples collected, 6 reported gold values > 3 g/t Au, 6 reported copper values > 3 % Cu, and 3 reported silver values > 50 ppm ag, with associated bismuth mineralization present in nearly all samples. The highest values obtained from any single sample were: 11.87 g/t Au, 3.67 % Cu, 56.3 ppm Ag, with 6.8 ppm Bi. The samples were collected from disparate outcroppings over a strike extent of approximately 10 km and are believed to represent fairly typical examples of the mineralization exposed. The gold values from the samples together with the exceptional values of associated copper, silver and bismuth mineralization indicate the potential for a sizable regional mineralizing system in the form of a polymetallic skarn-gold association. Additional detailed trench and soil sampling is presently being completed over a number of identified targets and will be analysed and reported as soon as available. Read More >>

July 13, 2009
AFRICAN QUEEN SIGNS EARN-IN AND JOINT VENTURE AGREEMENT WITH OPTI METAL TRADING COVERING KEY ZONE AT FINGOE REGIONAL GOLD PROJECT IN MOZAMBIQUE
Vancouver, British Columbia — AFRICAN QUEEN MINES LTD. (the “Company”)is pleased to announce that it has now entered into an Earn-in and Joint Venture Agreement dated July 10, 2009 (the “Agreement”), with Swiss-based Opti Metal Trading Limited (“Optimetal”), covering exploration, development and exploitation of Prospecting License No. 884L held by Optimetal’s Mozambique subsidiary (the “License”). The License covers an area of approximately 230 sq.km. in the center of the FIngoe Belt, now called the “King Solomon Project,” adjacent to permits which are the subject of existing earn-in and joint venture Agreements between the Company and Manica Minerals Ltd. and African Eagle Resources plc (AIM: AFE), respectively, covering an aggregate of 1359 sq.km. Read More >>

May 25, 2009
AFRICAN QUEEN’S FOLLOW-UP FIELD PROGRAM NOW UNDERWAY AT FINGOE GOLD PROJECT IN MOZAMBIQUE
Vancouver, British Columbia — AFRICAN QUEEN MINES LTD. (the “Company”) ”) is pleased to announce that follow-up field work is now underway on multiple targets at its Fingoe Gold Project in Tete province, Mozambique. The Company’s interests in the Fingoe Gold Project, which encompass 9 prospecting licenses comprising approximately 1359 sq. km. in aggregate, arise from an Earn-In Agreement with Manica Minerals Ltd. dated August 9, 2006, as supplemented August 8, 2007, under which the Company can earn up to an 85% interest, and an Agreement dated April 10, 2007, with African Eagle Resources plc (AIM: AFE) under which the Company now holds a 98% interest in certain prospecting licenses. Read More >>

May 15, 2009
AFRICAN QUEEN COMPLETES $1.278 MILLION PRIVATE PLACEMENT
Vancouver, British Columbia — AFRICAN QUEEN MINES LTD. (the “Company”) ”) is pleased to announce the closing of the second tranche of its previously announced non-brokered private placement which has raised gross proceeds of CAD $441,810. Together with the first tranche, previously announced, the Company raised aggregate gross proceeds in this private placement of CAD $1,278,060. Read More >>

April 20, 2009
AFRICAN QUEEN ANNOUNCES PRIVATE PLACEMENT
Vancouver, British Columbia — AFRICAN QUEEN MINES LTD. (the “Company”) is pleased to announce the closing of the first tranche of its previously announced non-brokered private placement which has raised gross proceeds of CAD $836,000. Under the terms of the private placement, the Company has issued 2,787,400 Units (the “Units”) at CAD $0.30 per Unit to institutional and private investors. Read More >>

March 24, 2009
AFRICAN QUEEN ANNOUNCES PRIVATE PLACEMENT
Vancouver, British Columbia — AFRICAN QUEEN MINES LTD. (the “Company”) is pleased to announce a non-brokered private placement offering to raise gross proceeds of up to CAD $1.2 million. Under the terms of the private placement, the Company will offer for sale a maximum of 4,000,000 Units (the “Units”) at CAD $0.30 per Unit to institutional and private investors. Read More >>

March 4, 2009
CORE DRILLING COMMENCES ON AFRICAN QUEEN’S OK41 AT OKAVANGO DIAMOND PROJECT IN BOTSWANA
Vancouver, British Columbia — AFRICAN QUEEN MINES LTD. (the “Company”) is pleased to announce that drilling has now commenced on magnetic target OK41-hole1as part of a Phase 1 core drilling program on its Okavango diamond property in the Ngamiland area of Northwest Botswana. The drilling is being carried out on behalf of the Company by Botswana-based Discovery Drilling Africa (PTY) Ltd. utilizing a custom-built Discovery 1400 rig. OK41 is the priority target closest to the main access track and its choice for commencement of the drill program reflects the Company’s decision to order targets in a manner designed to create efficiency and minimize drill moving time and costs. Read More >>

February 24, 2009
AFRICAN QUEEN ABANDONS CAZULA PROJECT IN MOZAMBIQUE TO FOCUS ON HIGHLY PROSPECTIVE FINGOE BELT GOLD PROJECT
Vancouver, British Columbia — AFRICAN QUEEN MINES LTD. (the “Company”)announces that it has provided formal notice of abandonment to Manica Minerals Ltd. (“Manica”) with respect to the Cazula Gold Project in Mozambique (the “Project”). The Company has the right to earn up to an 85% interest in the Project pursuant to the Letter Agreement dated August 9, 2006, between Pan African Mining Corp., predecessor to the Company, and Manica, as supplemented on August 8, 2007 (the “Agreement”). By abandoning the Project at this time, the Company is relinquishing all rights with respect to the underlying property licenses and otherwise relating to the Project. Read More >>

February 20, 2009
AFRICAN QUEEN ACCELERATING WORK PROGRAM ON KEY GOLD TARGETS IN MOZAMBIQUE’S FINGOE BELT AS A RESULT OF FAVORABLE SAMPLING RESULTS
Vancouver, British Columbia — AFRICAN QUEEN MINES LTD. (the “Company”)is pleased to announce that it has now identified several high priority gold targets in Mozambique’s Fingoe Belt in Tete Province as a result of favorable results from its ongoing field exploration and geochemical sampling program in the region. The Company’s interests in the Fingoe belt, which encompass 9 Prospecting Licenses comprising approximately 1359 sq.km. in aggregate, arise from an Earn-In Agreement with Manica Minerals Ltd. (“Manica”) dated August 9, 2006, as supplemented August 8, 2007, under which the Company can earn up to an 85% interest, and an Agreement dated April 10, 2007 with African Eagle Resources plc (“African Eagle”) under which the Company now holds a 98% interest in certain prospecting licenses. Read More >>

February 5, 2009
AFRICAN QUEEN EXECUTES CONTRACT FOR CORE DRILLING AT ITS OKAVANGO DIAMOND PROJECT IN BOTSWANA; MOBILIZATION UNDERWAY
Vancouver, British Columbia — AFRICAN QUEEN MINES LTD. (the “Company”) is pleased to announce that it has now concluded contractual arrangements with Botswana-based Discovery Drilling Africa (PTY) Ltd. for a Phase 1 core drilling program on its Okavango diamond property in the Ngamiland area of Northwest Botswana. Equipment is now being mobilized and is anticipated to be on site later this month. Read More >>

January 23, 2009
AFRICAN QUEEN MINES ENGAGES CARRIE HOWES FOR INVESTOR RELATIONS TEAM
Vancouver, British Columbia — AFRICAN QUEEN MINES LTD. (the “Company”) is pleased to announce that Ms. Carrie Howes has been engaged as the Company’s Corporate Communications representative. Ms. Howes, who will be working in London and Düsseldorf, has been a financial consultant and a Corporate Communication professional she has also served as a registered representative in the United Kingdom as well as Canada. Read More >>

December 27, 2008
AFRICAN QUEEN MINES ABANDONS BRAGANZA GOLD PROJECT IN MOZAMBIQUE TO FOCUS ON PRIORITY TARGETS
Vancouver, British Columbia — AFRICAN QUEEN MINES LTD. (the “Company”) announces that it has provided formal notice of abandonment to Bobcat Mining Limitada (“Bobcat”) with respect to the Braganza Gold Project in Mozambique (the “Project”). The Company has the right to earn up to a 75% interest in the Project pursuant to the Letter Agreement dated August 17, 2007, between Pan African Mining Corp., predecessor to the Company, and Bobcat, as amended on October 4, 2007 and May 30, 2008 (the “Agreement”). By abandoning the Project at this time, the Company is relinquishing all rights with respect to the underlying property licenses and otherwise relating to the Project. Read More >>

December 16, 2008
AFRICAN QUEEN MINES COMMENCES TRADING ON THE FRANKFURT STOCK EXCHANGE
Vancouver, British Columbia — AFRICAN QUEEN MINES LTD. (the “Company”) has now commenced trading under the symbol "QM0.F" (0 means zero) on the Open Market organized by Deutsche Borse on the Frankfurt Stock Exchange (FWB Frankfurter Wertpapierborse). In addition, its Common Shares have been assigned the WKN Number A0Q7GA. Read More >>

December 15, 2008
AFRICAN QUEEN MINES’ SAMPLING YIELDS G10 GARNETS AND OTHER KIMBERLITIC INDICATORS OVER KEY DIAMOND TARGETS ON ITS OKAVANGO PROJECT IN BOTSWANA
Vancouver, British Columbia — AFRICAN QUEEN MINES LTD. (the “Company”) is pleased to announce that results of geochemical sampling from its Okavango property in the Ngamiland area of Northwest Botswana have now confirmed the presence of G10 garnets and other kimberlitic indicator minerals on its key diamond targets. The Okavango property comprises three Prospecting Licences covering approximately 2592 km2 held by the Company’s wholly-owned subsidiary, PAM Botswana (Pty.) Ltd. It is situated on a recently recognised extension of the Archaean Congo Craton, which hosts numerous economic kimberlite and alluvial diamond deposits. The property is covered by sands of the Kalahari Desert of variable thickness, averaging approximately 60 m. This helps to account for the fact that the strong targets recently identified by the Company were previously overlooked. Read More >>

December 2, 2008
IRWIN OLIAN ANNOUNCES FILING OF ADDITIONAL EARLY WARNING REPORT
Irwin A. Olian, Jr. (“Olian”), who serves as the Company’s Chairman & CEO and previously held 5,575,000 common shares of African Queen Mines Ltd. (“African Queen”) representing 16.17% of the issued and outstanding shares of African Queen, announces that he has now purchased a further 625,000 common shares of African Queen (the “Shares”) through the facilities of the TSX Venture Exchange at the price of $0.07 per Share in respect of 275,000 Shares, $0.095 per Share in respect of 50,000 Shares, and $0.10 per Share in respect of 300,000 Shares. In addition, Olian has been granted options to purchase up to 600,000 common shares of African Queen exercisable at the price of $0.15 per share, of which 150,000 options are or become vested within the next 60 days. The 625,000 Shares and 150,000 options collectively represent 2.24% of the issued and outstanding shares of African Queen. Accordingly, Olian now beneficially owns in aggregate 6,350,000 common shares representing 18.34% of the issued and outstanding common shares of African Queen as at December 2, 2008. Read More >>

December 1, 2008
AFRICAN QUEEN MINES, LTD. – GRANTS STOCK OPTIONS
Vancouver, British Columbia — AFRICAN QUEEN MINES, LTD. (the “Company”) announces that it has granted, subject to any necessary regulatory approvals, incentive stock options to purchase up to an aggregate of 1,350,000 shares of its Common Stock. 600,000 of such options were granted to Mr. Irwin Olian, Chairman and CEO, 200,000 were granted to Dr. Edward Schiller, Director, 50,000 were granted to Mr. Benjamin Catalano, Director, 50,000 were granted to Ms. Jennifer Todhunter, Corporate Secretary, and 450,000 of such options were granted to various employees and consultants. The options are exercisable for a term of three years at the price of CAD $0.15 per share. The foregoing grant concludes the initial granting of options to the Company’s officers, directors, employees, and consultants. Read More >>

November 19, 2008
AFRICAN QUEEN MINES, LTD. – GRANTS STOCK OPTIONS
Vancouver, British Columbia — AFRICAN QUEEN MINES, LTD. (the “Company”) announces that it has granted, subject to any necessary regulatory approvals, incentive stock options to purchase up to an aggregate of 1,230,000 shares of its common stock of which 200,000 were granted to, Ms. Limor Rubin, CFO and a Director, 200,000 were granted to Mr. Gregory Sparks, Director, 50,000 were granted to Mr. Ardito Martohardjono, Director, 200,000 were granted to Dr. Andrew Moore, Vice-President Diamond Exploration, 100,000 were granted to Mrs. Carrie Howes, European Corporate Communication Representative, and 480,000 stock options were granted to various individuals, including employees, administrative staff, and consultants. The options are exercisable for a term of three years at the price of CAD $0.15 per share. Read More >>

November 4, 2008
Irwin Olian Announces Filing of Additional Early Warning Report
Irwin A. Olian, Jr. (“Olian”), who serves as the Company’s Chairman & CEO, announces the filing of an additional early warning report. Olian previously held 4,375,000 common shares of African Queen Mines Ltd. (“African Queen”), representing 12.69% of the issued and outstanding shares of African Queen. He now has purchased a further 1,200,000 common shares (the “Shares”) representing 3.48% of the issued and outstanding shares of African Queen through the facilities of the TSX Venture Exchange at the price of $0.06 per Share in respect of 500,000 Shares and $0.08 per Share in respect of 700,000 Shares. After completion of the acquisition of the Shares, Olian now owns 5,575,000 common shares representing 16.17% of the issued and outstanding common shares of African Queen as at November 4, 2008. Read More >>

October 27, 2008
Irwin Olian Announces Filing of Early Warning Report
Irwin A. Olian, Jr. (“Olian”), who serves as the Company’s Chairman & CEO announces the filing of an early warning report. Olian held 3,385,000 common shares of African Queen Mines Ltd. (“African Queen”), representing 9.82% of the issued and outstanding shares of African Queen, announces that he has purchased a further 990,000 common shares (the “Shares”) representing 2.87% of the issued and outstanding shares of African Queen through the facilities of the TSX Venture Exchange at the price of $0.10 per Share in respect of 750,000 Shares and $0.08 per Share in respect of 240,000 Shares. After completion of the acquisition of the Shares, Olian owns 4,375,000 common shares representing 12.69% of the issued and outstanding common shares of African Queen as at October 27, 2008. Read More >>

October 15, 2008
AFRICAN QUEEN MINES LTD. - COMMENCES TRADING
Vancouver, British Columbia — AFRICAN QUEEN MINES LTD. (the “Company”) is pleased to announce that effective at the opening on Thursday, October 16, 2008, its Common Shares will commence trading on the TSX Venture Exchange under the symbol “AQ”. The Company presently has 34,465,292 Common Shares outstanding. The Company’s Common Shares were distributed to the former shareholders of Pan African Mining Corp. in connection with its acquisition by Asia Thai Mining Co., Ltd. on June 27, 2008. Read More >>

June 27, 2008
ACQUISITION OF PAN AFRICAN MINING CORP. BY ASIA THAI MINING CO., LTD. CLOSED TODAY IN ACCORDANCE WITH PLAN OF ARRANGEMENT
VANCOUVER, British Columbia - PAN AFRICAN MINING CORP. (the “Company”) is pleased to announce the closing today of the Plan of Arrangement and related transactions (the “Plan of Arrangement”) contemplated by the Arrangement Agreement dated May 9, 2008, as amended June 17, 2008 (the “Amended Arrangement Agreement”), among Asia Thai Mining Co., Ltd. (“ATM”), 0819615 B.C. Ltd. (the “Purchaser”), the Company and African Queen Mines Ltd. (“African Queen”), a newly formed subsidiary of the Company. A Final Order approving the Plan of Arrangement was obtained from the Supreme Court of British Columbia on June 26, 2008, following approval at a Special Meeting of Securityholders of the Company on June 25, 2008. Read More >>

 

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