African Eagle Resources plc : Miyabi drilling update

New results include:

• 33m at 4.36g/t gold from 9m to end of hole ("eoh")
• including 21m at 6.7g/t from 15m, with 3m at 22.6g/t from 33m
• 15m at 0.81g/t from 24m to eoh, including 3m at 2.5g/t from 33m
• 24m at 0.52g/t from 15m to eoh, including 6m at 1.61g/t from 24m

BrightStar's latest results are from rotary air blast ("RAB") holes in the area to the southwest of the 130,000oz Kilimani resource and represent a new high grade zone with untested strike potential of more than 1km. All intersections were from oxidised rock and many of the drill holes ended in mineralisation.

The results continue to show the potential of at the Miyabi project to host additional gold resources, including high grade zones. BrightStar comment that the successful RAB programme has discovered multiple extensive resource grade gold mineralised structures, which remain open along strike and are very likely to add significantly to the existing 520,000oz JORC resource.

BrightStar also reports that reverse circulation ("RC") drilling has been completed at priority targets beneath the best RAB results within the granite contact zone, with assay results expected in late December 2011 and January 2012. Sulphide mineralisation, silicification and brecciation were seen in most of the RC holes, confirming that the mineralised zones identified by the RAB drilling extend into fresh rock.

An extensive programme of RC and diamond drilling is now planned at the end of the wet season, commencing April 2012.

The Miyabi gold project is a Joint Venture between African Eagle and ASX-listed BrightStar Resources Ltd, under which BrightStar can earn up to 75% of the project by completing exploration and a feasibility study.

A table of all mineralised intersections is set out in the appendix to this release and full details of the Miyabi drilling programme and results can be found on BrightStar's web site:

Qualified Person

Information in this report relating to reported exploration results is based on Brightstar's data reviewed by Mr Christopher Davies BSc, MSc, DIC, FSEG, FAusIMM, Operations Director for African Eagle, who is a Fellow of the Australasian Institute of Mining and Metallurgy, has more than 30 years' relevant experience in mineral exploration, and is a Qualified Person under AIM rules. Mr Davies consents to the inclusion of the information in the form and context in which it appears.

African Eagle Resources plc
Euan Worthington (Chairman)
Trevor Moss (CEO)
Mark Parker (Director)
Sandra Spencer (PR Consultant)
+44 20 7248 6059
+44 77 5640 6899
+44 75 1535 7790

Canaccord Genuity Limited
Andrew Chubb
Bhavesh Patel
+44 20 7050 6500

Ocean Equities Limited
Guy Wilkes
+44 20 7786 4370

Russell & Associates, Johannesburg
Charmane Russell
Marion Brower
+27 11 8803924
+27 82 8928052

Appendix

List of all drill intersections greater than 0.1g/t gold

(eoh) indicates that the hole ended in gold mineralisation

• Most samples analysed as 3m composites
• Sampling carried out using a cyclone and riffle splitter at 1m intervals
• Sample preparation at ALS Global in Mwanza, Tanzania
• Gold analysis carried out by OMAC Laboratories in Ireland using 50g aqua regia
• QAQC samples submitted routinely with excellent results
• Holes located by GPS then transformed to local grid coordinates
• Intersections are generally interpreted to represent true width. Where holes ended in mineralisation, true thickness may be greater than the intersection thickness.