Proactive investors

Keegan Resources Inc. is a well-financed junior gold company run by a proven successful management team with two premier gold assets in Ghana, West Africa. Keegan has successfully identified a significant gold deposit at its Esaase property which is currently being delineated and rapidly moved towards production while exploration efforts continue to expand the current 1.7 million ounce (43-101)resource. Keegan's second project, the Asumura gold property located along one of Ghana's three major deposit hosting structures will also be subject to significant drilling programs in 2008.

The Esaase project is located on the Asankrangwa gold belt in SW Ghana, 13 km NE of Resolute's 3 M oz Obotan deposit. The property contains bulk mineable targets consisting of multiple sets of sheeted and stockworked quartz veins hosted in highly deformed Birimian metasediments containing gold. The property has seen extensive artisinal mining from lode shafts and adits and 180,000 ounces of locally sourced placer gold has been produced from small drainages completely enclosed by the concession. Keegan owns 100% of the Mining License.

The Asumura Property is located in SW Ghana and is a disseminated open pit target on western boundary of the Sefwi-Bibiani belt, one of the two large Birimian age greenstone belts in southwest Ghana. The deposit is 65 km south from Newmont's Ahafo deposits (reserves 12.2 million ounces at 2.21 g/t Au; resource 17 Moz) on the same belt boundary. Like Ahafo, mineralization at Asumura is spatially associated with within belt granitoid stocks, dikes and sills. Keegan has an easy earn-in option go acquire the exploration license at Asumura. A 3.5% NSR with an option to purchase for US$2M. The government is a 10% owner.