ASUMURA

Keegan Resources announce that it intersected 14 m of 4.47 g/t Au along the northwest structure at its Asumura property in southwest Ghana. The discovery is in a "new location within significant identified structures". The total strike length of this structure on the combined Asumura and the recent Mt Olive’s acquisition is at least 13 km. Further drilling is planned.

Intersected 14 m of 4.47 g/t Au along the NW structure. The intercept comes from one of the fences of shallow reconnaissance drill holes that Keegan has drilled as an initial test of this structure. The mineralization encountered was entirely in saprolite and will be followed up with in a subsequent drill program the scale of which will be determined once all the assays are back. Drill assays from Asumura are still pending. Keegan Resources Inc. President and CEO Dan McCoy states: "This is an exciting discovery in an entirely new location within significant identified structures. The total strike length of this structure on the combined Asumura and the recent Mt Olive’s acquisition is at least 13 km. After we have had time to interpret the gold results together with the geophysics and geology, we will follow up with future drill programs at Asumura along with a continuation of augur sampling and drilling on the Mt Olives concession."

Drilling commenced on Mar18/08. The goal of this drill program will be to conduct an initial drill test of the NW and Bia targets.