African Queen Mines Ltd. (TSX.V - AQ) is an exploratory resource company engaged in exploration and development of mineral properties in Canada and Africa. It is presently engaged in exploration and development of its Yellowjacket Gold Project in British Columbia, which covers an aggregate of approximately 291.54 sq. km.

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The Yellowjacket Property has a rich history. Gold was discovered in the Atlin area by prospectors using the Overland Trail from Edmonton, Alberta enroute to the Klondike in 1898. The ensuing gold rush lasted several years, and although many creeks in the area produced “colour,” Pine Creek became the epicenter of this rush. It was placer mined coincidently with the Klondike by the same adventurers who sought the riches of the Northand wished to escape the confines of society. Pine Creek proved to be much easier to access than Dawson City and soon attracted fortune hunters disembarking their ships at Skagway and Dyea, Alaska. The current Yellowjacket site once hosted up to 10,000 people, mostly placer miners, in a city of cabins located along Pine Creek called Discovery; to compare, the Klondike at the height of it’s gold rush was home for up to 30,000 people.

Approximately 1 million ounces of placer was recorded as being produced by the area and it is presumed that several more millions of ounces may have been recovered that were not recorded.

Historic drilling by previous operators, including Homestake Mineral Development Corp., Muskox Minerals Ltd. and Prize Mining Corp., has traced the known Yellowjacket gold mineralized zone for approximately 300-350 metres strike length along a fault-bounded structure. Within this zone, previous operators have reported numerous drill holes with elevated gold intersections from bedrock surface to a depth of approximately 140 metres. The Yellowjacket Zone remains open to depth and along strike.

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Invest in Pan African June 12,2017 -AFRICAN QUEEN CLOSES $601,220 PRIVATE PLACEMENT Read Press Release >>

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

1153 56th Street
Box 19040
Delta, B.C.
V4L 2P8
CANADA

Tel: (604) 788-0300
info@africanqueenmines.com

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Announcements

June 12, 2017
AFRICAN QUEEN CLOSES $601,220 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 was fully subscribed and has raised gross proceeds of CAD $601,220. Under the terms of the private placement, the Company has issued 12,024,400 Units (the “Units”) at CAD $0.05 per Unit. Read More >>

May 17, 2017
AFRICAN QUEEN ANNOUNCES PRIVATE PLACEMENTS
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 $600,000. Under the terms of the private placement, the Company will offer for sale up to 12,000,000 Units (the “Units”) at CAD $0.05 per Unit. The Company may, in its discretion, increase the size of this offering by up to 20% to a maximum of 14,400,000 Units. Read More >>

May 9, 2017
AFRICAN QUEEN MINES COMMENCES 2017 WORK PROGRAM AT ITS YELLOWJACKET GOLD PROJECT
Vancouver, British Columbia — AFRICAN QUEEN MINES LTD. (the “Company”) is pleased to announce that it has now commenced its 2017 work program at its Yellowjacket Gold Project 9 km. E of Atlin, B.C. The Company now controls 51 mineral claims, 3 placer claims and one placer lease covering an aggregate of 291.54 km2 of strategic ground in the historically significant placer mining areas associated with many of the major creeks in the Atlin District. The permitted Yellowjacket Gold Mine is included within its tenures. The preponderance of its tenures is comprised of mineral claims covering structural trends within lithologies favourable for hosting hard rock gold deposits. Read More >>

February 16, 2017
AFRICAN QUEEN MINES CONCLUDES NEW AGREEMENTS FOR PLACER MINING OPERATIONS AT YELLOWJACKET GOLD MINE THIS SEASON
Vancouver, British Columbia — AFRICAN QUEEN MINES LTD. (the “Company”) is pleased to announce that it has now concluded new placer mining agreements (the “Agreements”) with two separate third parties, Mr. Lenard Diduck of Atlin, B.C. and his affiliates (collectively, “Diduck”) and Mr. Matt Norris of Delta, B.C. and his affiliates (collectively, “Norris”). The Agreements cover placer mining operations by such parties on the Company’s Placer Lease 361733, Placer Claim 350665 and Placer Claim 379882 (collectively, the “Company’s Placer Interest”). The Company’s Placer Interest covers an aggregate area of approximately 466.15 hectares in the historic Pine Creek Valley at the Company’s Yellowjacket Gold Project (the Project”), which now encompasses approximately 291.54 sq.km. of strategic ground 9 km East of Atlin, B.C. The Pine Creek Valley has been the site of continuing mining operations for over a century. Read More >>

February 1, 2017
B.C. GEOLOGICAL SURVEY REPORTS NEW LODE GOLD DISCOVERY IN ATLIN DISTRICT; AFRICAN QUEEN SEES THE REPORT AS VALIDATING ITS PROPERTY ACQUISITION AND EXPLORATION PROGRAMS
Vancouver, British Columbia — AFRICAN QUEEN MINES LTD. (the “Company”) is pleased to announce that the British Columbia Geology Survey, Ministry of Energy and Mines (“BCGS”), has just published a report (the “Report”) documenting the recent discovery of bonanza grade gold in quartz veins in bedrock beneath the Slonski operation placer pit on Otter Creek, approximately 15 km E of the town of Atlin, B.C. (Mihalynuk, M.G., Zagorevski, A., Devine, F.A.M., and Humphrey, E., 2017. Read More >>

January 18, 2017
AFRICAN QUEEN ADDS FURTHER ATLIN DISTRICT MINERAL TENURES COVERING THE HISTORIC PICTOU AND GOLDEN VIEW SHOWINGS
Vancouver, British Columbia — AFRICAN QUEEN MINES LTD. (the “Company”) is pleased to announce that it has acquired mineral claim 1030439 covering approximately 704.92 hectares known as the Pictou Property situated on benchlands near the town of Atlin on the northwest side of Pine Creek, as well as two other mineral claims 389658 and 389660, covering 500 hectares each, on the south side of Spruce Creek covering the Little Spruce Creek drainage and Union Mountain. Read More >>

December 23, 2017
AFRICAN QUEEN MINES CLOSES $252,000 PRIVATE PLACEMENT
Vancouver, British Columbia — AFRICAN QUEEN MINES LTD. (the “Company”) African Queen Mines Ltd. has closed its previously announced non-brokered private placement, which has raised gross proceeds of $252,000. Under the terms of the private placement, the company has issued 7.2 million common shares at 3.5 cents per share. Read More >>

October 5, 2016
AFRICAN QUEEN ACHIEVES IMPORTANT ADVANCES IN ITS YELLOWJACKET GOLD PROJECT DURING SUMMER 2016 WORK PROGRAM
Vancouver, British Columbia — AFRICAN QUEEN MINES LTD. (the “Company”) is pleased to announce that it has advanced its Yellowjacket Gold Project in Atlin, BC (the “Project”) in a number of important respects during its summer 2016 work program which commenced in June. Read More >>

September 28, 2016
INITIAL DIAMOND DRILLING BY AFRICAN QUEEN AT YELLOWJACKET GOLD PROJECT CONFIRMS DOWN-DIP CONTINUATION OF GOLD MINERALIZED ZONE; RESULTS INCLUDE 37.1 G/T AU OVER 1.08 M
Vancouver, British Columbia — AFRICAN QUEEN MINES LTD. (the “Company”) is pleased to announce that it has now received the assay results from the Phase I diamond drilling program on its Yellowjacket Gold Project located 9 km east of Atlin, BC (the “Project”). Read More >>

September 6, 2016
AFRICAN QUEEN FURTHER EXPANDS LAND POSITION SOUTH OF YELLOWJACKET GOLD PROJECT
Vancouver, British Columbia — AFRICAN QUEEN MINES LTD. (the “Company”) is pleased to announce that it has now acquired an additional 2565 hectares in five key mineral tenures adjacent to its Yellowjacket Gold Project near Atlin, BC (the “Project”). The Company now controls 46 mineral claims, placer claims and placer leases covering an aggregate of 25,369 hectares or approximately 253.69 sq. km of strategic ground in the historic Pine Creek, Spruce Creek and McKee Creek areas in the Atlin district. Management views this ground as highly prospective for its potential to host commercially viable hard-rock gold deposits. Read More >>

July 25, 2016
DRILLING COMMENCES ON AFRICAN QUEEN’S YELLOWJACKET GOLD PROJECT
Vancouver, British Columbia — AFRICAN QUEEN MINES LTD. (the “Company”) is pleased to announce that diamond drilling has now commenced on its Yellowjacket Gold Project 9 km east of Atlin, B.C. (the “Project”). The first phase of drilling comprises up to 2000 m of core drilling as part of the Company’s 2016 exploration program at the Project. The Company now controls 41 mineral claims, placer claims and placer leases covering an aggregate of 22,804 hectares or approximately 228.04 sq. km of strategic ground in the historic Pine Creek and Spruce Creek areas in the Atlin district. Management views this ground as highly prospective for its potential to host commercially viable hard-rock gold deposits. Read More >>

July 11, 2016
PLACER MINING OPERATIONS COMMENCE AT AFRICAN QUEEN’S YELLOWJACKET GOLD PROJECT
Vancouver, British Columbia — AFRICAN QUEEN MINES LTD. (the “Company”) is pleased to announce that experienced, world-class senior geologist Reinhard Ramdohr, Ph.D., has now joined the Company as Head of Exploration and Project Manager at the Company’s Yellowjacket Gold Project, which covers an aggregate of 228.04 sq. km in the historic Pine Creek and Spruce Creek areas 9 km East of Atlin, B.C. (the “Project”). His efforts will be focused on exploration of the hard-rock potential of the Project on a district basis with a view toward delineation and development of one or more commercially viable gold deposits. Initially, he will oversee the 2016 exploration program, which includes core drilling set to commence shortly in two phases. Read More >>

July 06, 2016
PLACER MINING OPERATIONS COMMENCE AT AFRICAN QUEEN’S YELLOWJACKET GOLD PROJECT
Vancouver, British Columbia — AFRICAN QUEEN MINES LTD. (the “Company”) is pleased to announce that placer mining operations have now commenced on an area of approximately 39.46 hectares of Placer Lease 361733 of its Yellowjacket Gold Project, which covers an aggregate of 228.04 sq. km in in the historic Pine Creek and Spruce Creek areas 9 km East of Atlin, B.C. (the “Project”). The placer mining operations are being conducted by Mr. Matt Norris and his affiliates under a five year placer mining agreement with the Company which provides for successive one-year lease renewals and a 10% Gross Royalty payable to the Company on all production, as further described in the Company’s PR dated February 16, 2016. Rights to hard rock deposits in the bedrock underlying the placer targets are reserved to the Company. Read More >>

June 27, 2016
AFRICAN QUEEN CLOSES $450,000 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 $450,000. Under the terms of the private placement, the Company has issued 12,857,142 common shares (the “Shares”) at CAD $0.035 per Share. Read More >>

June 21, 2016
AFRICAN QUEEN CEO TO PRESENT AT RICHMOND CLUB LUNCHEON ON JUNE 22, 2016
Vancouver, British Columbia — AFRICAN QUEEN MINES LTD. (the “Company”) is pleased to announce that Mr. Irwin Olian, CEO of the Company, will be presenting the Company and its new Yellowjacket Gold Project in the Atlin District of northern British Columbia at a luncheon sponsored by the Richmond Club. The luncheon will take place at the National Club located at 300 Bay Street, Toronto, Ontario, M5H 2R1 at 12:00pm on June 22, 2016. Read More >>

June 17, 2016
AFRICAN QUEEN MINES EXPANDS LAND POSITION IN ATLIN DISTRICT WITH STRATEGIC CLAIMS ACQUISITION
Vancouver, British Columbia — AFRICAN QUEEN MINES LTD. (the “Company”) is pleased to announce that it has now acquired fifteen additional Mineral Claims under the B.C. Mineral Tenure Act aggregating 15,028 hectares or 150.28 sq.km, in close proximity to its Yellowjacket Gold Project 9 km East of Atlin, B.C. (the “Project”). The new Mineral Claims cover hard-rock deposits in an area of interest to the South and South-East of the Company’s existing claims and encompass the highly prolific Spruce Creek placer mining area. Several of them are contiguous to the Company’s existing license area. Together with the existing license area covering 7776 hectares or 77.76 sq.km, the Company now controls 41 mineral claims, placer claims and placer leases covering an aggregate of 22,804 hectares or approximately 228.04 sq. km of strategic ground comprising the Project. Read More >>

May 31, 2016
AFRICAN QUEEN ANNOUNCES PRIVATE PLACEMENT
Vancouver, British Columbia — AFRICAN QUEEN MINES LTD. (the “Company”) is pleased to announce that the TSX Venture Exchange (the "Exchange") has granted the Company a discretionary waiver pursuant to its Bulletin dated April 7, 2014 – Discretionary Waivers of $0.05 Minimum Pricing Requirement, whereby the Exchange maintains discretion to waive its $0.05 minimum pricing requirement on a case by case basis. As such, the Company is proceeding with a non-brokered private placement offering to raise gross proceeds of up to CAD $450,000. Under the terms of the private placement, the Company will offer for sale up to 12,857,142 common shares (the “Shares”) at CAD $0.035 per Share to accredited investors and certain non-accredited investors pursuant to applicable exemptions in the rules and regulations of the Exchange. The Company may, in its discretion, pay a cash finder’s fee of up to 7% of the total gross proceeds of the offering where applicable. Read More >>

May 20, 2016
AFRICAN QUEEN MINES COMMENCES 2016 EXPLORATION PROGRAM AT YELLOWJACKET GOLD PROJECT WITH DRONE AERIAL SURVEY
Vancouver, British Columbia — AFRICAN QUEEN MINES LTD. (the “Company”) is pleased to announce that it has completed a UAV drone aerial survey of the Pine Creek fault zone gold target at its Yellowjacket Gold Project (the “Project”) in Atlin, B.C. The Project covers an area aggregating approximately 79.56 sq. km. of strategic ground 9 km East of Atlin, B.C., in the historic Pine Creek Valley, which has been the site of continuing mining operations for over a century. Read More >>

February 16,2016
AFRICAN QUEEN MINES CONCLUDES AGREEMENT WITH NORRIS FOR PLACER MINING OPERATIONS AT YELLOWJACKET GOLD MINE
Vancouver, British Columbia - AFRICAN QUEEN MINES LTD. (the "Company") is pleased to announce that it has concluded a five-year placer mining agreement (the “Agreement”) with Mr. Matt Norris of Delta, B.C. and his corporate affiliates (collectively, “Norris”), under which the Company has leased to Norris for a term of five years placer mining rights to an area of approximately 466.15 hectares of its Yellowjacket Gold Project (the “Project”) license area, which aggregates approximately 79.56 sq. km. of strategic ground 9 km East of Atlin, B.C. in the historic Pine Creek Valley, which has been the site of continuing mining operations for over a century. Placer mining operations under the Agreement are anticipated to commence on site in or about May, 2016, starting with test mining operations which are planned to expand on a result contingent basis. The Company is retaining all rights to explore, develop and exploit the hard-rock gold deposits at the Project, which have also been the subject of prior mining operations and yielded bonanza-grade drill results in the past. The aggregate investment in the Project to date by predecessors is in the range of $20 Million. Read More >>

December 8, 2015
AFRICAN QUEEN DROPS KENYAN OPERATIONS INCLUDING ODUNDU PROJECT
Vancouver, British Columbia - AFRICAN QUEEN MINES LTD. (the "Company") reports that its Board of Directors has completed a thorough review of its remaining operations in Kenya and has determined that it is in the best interests of the shareholders of the Company to abandon development of its Rongo Gold Fields (Odundu) Project and terminate its operations in that country. Read More >>

November 17, 2015
AFRICAN QUEEN MINES PRESENTING AT CHICAGO NATURAL RESOURCE AND TECHNOLOGY EXPO ON NOVEMBER 20, 2015
Vancouver, British Columbia - AFRICAN QUEEN MINES LTD. (the "Company") is pleased to announce that Irwin Olian, its CEO, is a featured speaker at the Chicago Natural Resource and Technology Expo taking place on November 20, 2015. Mr. Olian will be discussing the outlook for the mining market and presenting the Company. Read More >>

October 22, 2015
AFRICAN QUEEN MINES RECIEVES MINING PERMIT FOR YELLOWJACKET GOLD PROJECT
is pleased to announce that it has now been issued Major Mine Permit No: M-235 by the B.C. Ministry of Energy and Mines approving the Mine Plan and Reclamation Program for the Yellowjacket Gold Mine. The Permit contains various terms and conditions applicable to future work programs and mine operations, including timely filing of various periodic reports. Issuance of the Permit to the Company was effectuated by way of amendment to the original Mining Permit for the Project dated July 10, 2009, issued to predecessors. Read More >>

October 14, 2015
AFRICAN QUEEN MINES HIRES FIONNUALA DEVINE TO OVERSEE YELLOWJACKET GOLD PROJECT
is pleased to announce that it has now engaged Ms. Fionnuala Devine, P.Geo., to serve as Senior Project Geologist for its Yellowjacket Gold Project 9 km E of Atlin, B.C. (the “Project”). Ms. Devine shall provide general oversight and management of exploration and development of the Project. She is a resident of Atlin and will be a strong on-site presence. Read More >>

October 1, 2015
AFRICAN QUEEN MINES COMPLETES ACQUISITION OF YELLOWJACKET GOLD PROJECT IN BRITISH COLUMBIA
is pleased to announce that it has now acquired four additional Mineral Claims under the B.C. Mineral Tenure Act aggregating 2411.38 hectares, in close proximity to its Yellowjacket Gold Project 9 km East of Atlin, B.C. (the “Project”). The claims are in an area of interest to the South and West of the Company’s existing license area and three of them are contiguous to the Company’s existing license area. Together with the initial license area covering 5544.96 hectares, the Company now controls 27 mineral claims, placer claims and placer leases covering an aggregate of 7956.34 hectares or approximately 79.56 sq. km of strategic ground comprising the Project. Read More >>

August 11, 2015
AFRICAN QUEEN MINES COMPLETES ACQUISITION OF YELLOWJACKET GOLD PROJECT IN BRITISH COLUMBIA
Vancouver, British Columbia — AFRICAN QUEEN MINES LTD. (the “Company”)is pleased to announce that it has now completed its acquisition of the Yellowjacket Gold Project in British Columbia (the “Project”), pursuant to the terms of the Asset Purchase Agreement dated August 5, 2015 (the “Agreement”), between the Company and Athabasca Nuclear Corp. (TSX-V: ASC) (“Athabasca”). The Project includes all mineral rights, claims and leases comprising the Project, all equipment located thereon and any reclamation bond associated therewith. Read More >>

August 5, 2015
AFRICAN QUEEN MINES SIGNS FORMAL ASSET PURCHASE AGREEMENT TO ACQUIRE YELLOWJACKET GOLD PROJECT IN BRITISH COLUMBIA
Vancouver, British Columbia — AFRICAN QUEEN MINES LTD. (the “Company”)is pleased to announce that it has now executed a formal Asset Purchase Agreement with Athabasca Nuclear Corporation (TSX-V: ASC) (“Athabasca”), dated August 5, 2015, to acquire the Yellowjacket Gold Project in British Columbia (the “Project”). The Project includes all mineral rights, claims and leases comprising the Project, all equipment located thereon and any reclamation bond associated therewith. The Company previously announced signing a binding Letter of Intent with respect to this Project in June 2015. Read More >>

June 25, 2015
AFRICAN QUEEN MINES ENTERS INTO AGREEMENT TO ACQUIRE YELLOWJACKET GOLD PROJECT IN BRITISH COLUMBIA
Vancouver, British Columbia — AFRICAN QUEEN MINES LTD. (the “Company”)is pleased to announce that it has now entered into a binding Letter of Intent with Athabasca Nuclear Corporation (TSX-V: ASC) (“Athabasca”) to acquire the Yellowjacket Gold Project in British Columbia (the “Project”). The Project includes all mineral rights, claims and leases comprising the Project, all equipment located thereon and any reclamation bond associated therewith. Read More >>

January 27, 2015
AFRICAN QUEEN CLOSES SALE OF ITS GHANA SUBSIDIARY AND ASSETS
Vancouver, British Columbia — AFRICAN QUEEN MINES LTD. (the “Company”)is pleased to announce that it has now closed the sale of 100% of the shares of the capital stock of its Ghanaian operating subsidiary, AQ Ghana Gold Limited ("AQGGL"), to AKA Petroleum Ghana Limited ("AKA") for gross proceeds of U.S. $1.0 Million and a 2% net smelter royalty. AKA is a Ghanaian-based resource company. The terms and provisions of said agreement were approved by the Minerals Commission of Ghana and the Minister of Lands and Natural Resources. The transaction was first announced in the Company's PR dated September 16, 2014. Read More >>

September 16, 2014
AFRICAN QUEEN ENTERS INTO CONDITIONAL AGREEMENT COVERING SALE OF ITS GHANA ASSETS
Vancouver, British Columbia — AFRICAN QUEEN MINES LTD. (the “Company”)has entered into a conditional agreement with a Ghana-based resource company to purchase from the company 100 per cent of the shares of the capital stock of its Ghanaian operating subsidiary, AQ Ghana Gold Ltd., for cash and a net smelter royalty. The terms and provisions of said agreement are subject to the review and approval of the Minerals Commission of Ghana, and formal approval of the Minister of Lands and Natural Resources. Akan Exploration Ltd., the company's joint venture partner, and Newmont Mining Corp., prior owner of the underlying exploration licence, will share in the proceeds of the transaction. Further details of the transaction will be provided after government review and approval. Read More >>

 

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