Azumah Resources Limited advised that the Mineral Resource estimate for the Bepkong deposit at the Company's Wa Gold Project, Ghana, West Africa ("Project") has more than doubled to 517,600oz with a majority of the increase arising from a maiden 279,700oz Mineral Resource for the recently discovered Bepkong `underground' mineralisation. Importantly, the Bepkong underground Mineral Resource includes 167,500oz of Measured and Indicated mineralisation grading an average of 4.05g/t Au. Within this there are several coherent zones of higher grade mineralisation along the confirmed 300m strike and also to depth, where drilling has confirmed mineralisation to 580m below surface and still open. Total Mineral Resources for the Project have increased by 11% to 2,770,000oz of which 65% comprises Measured and Indicated material. A solid platform has now been established for the consideration of a possible underground operation once the Bepkong open pit is mined out. Any underground operation will only need to cover dedicated capital and associated operating costs with all Project establishment costs likely to be repaid within 1.6 years of commissioning by prior open pit operations. A scoping study to evaluate the technical and economic viability of an underground operation is being undertaken by Orelogy Mine Consulting, with results to be reported later in July. The underground ore would be accessed by a decline from the base of the open pit with open-stoping likely to be the optimal mining method. The Bepkong Mineral Resource estimate has been prepared and reported in accordance with JORC Code 2012 by Mr. Mark Glassock, a Competent Person, who is an employee of Extomine Pty Ltd. Extomine was engaged by the Azumah - Ibaera Capital Joint Venture Project Manager on behalf of Azumah Resources Ghana Limited, the owner of the Project. The Mineral Resource is supported by samples collected from RC and DD drilling. RC holes were drilled with a 5.25- inch hammer bit and DD holes drilled with NQ (47.5 mm) or HQ diameter (63.5 mm) coring bit. Drilling was conducted by Geodrill Ghana Limited using a KL900 or UDR650 multi-purpose rig. Trenching was carried out during earlier phases of the project development and provided valuable geological information but were not used to constrain the geological interpretations or provide data for the grade interpolation. RC samples were collected at 1m intervals. Every metre drilled was collected via cyclone into a plastic bag and then placed in rows of 20. The samples were composited into 4m composites using a PVC spear and then sent to the laboratory for analysis, except in zones of obvious mineralisation, where the single metre riffle split sample was sent to the analytical laboratory. RC sample weights averaged 20kg in oxide material and 30kg in fresh material. Diamond samples were taken at 0.1­1.1 m intervals. The sample quality and recovery of DD core from fresh and oxidised rock was good. Sampling intervals were based on lithology and/or alteration changes. The core was cut in half longitudinally using a core saw. Field Quality Assurance and Quality Control (QA/QC) procedures included insertion of field duplicates and certified reference materials (CRMs) in every batch (1 per 50 samples).