February 2, 2011
AFRICAN QUEEN’S CHAIRMAN MEETS WITH KENYA’S PRIME MINISTER
Vancouver, British Columbia — AFRICAN QUEEN MINES LTD. (the “Company”) is pleased to announce that its Chairman and CEO, Irwin Olian, had a personal audience today with the Hon. Raila Odinga, Prime Minister of Kenya. They discussed the Company’s plans for exploration and development of projects in Kenya and development of the mining sector. The meeting was one of a series of meetings taking place this week in Kenya between senior management of the Company and various government and mining department officials. In addition, Mr. Olian will be appearing on national television in Kenya at 9:00 P.M. on Sunday, February 6, 2011, on KTN’s “MONEY AND POWER.”
The Company is active in Kenya exploring its Rongo Gold Fields Project in the Kanango gold mining area of the Migori district under a joint venture with Kenyan partner Abba Mining Company Ltd. The Company is also in negotiation on several joint ventures with other partners covering other projects and has applications pending with the Commissioner of Mines and Geology for exploration licenses covering a number of other highly prospective areas.
According to Irwin Olian, CEO of the Company, “We are excited about our prospects for success in Kenya and are looking forward to our field exploration programs here in 2011. We have received a warm welcome from the Kenyan Government at the highest levels and greatly appreciate the opportunity we have been granted to expand our operations here. We are committed to achieving long-term success that will benefit the people and communities of Kenya as well as our Company.”
About African Queen
The Company is an exploratory resource company with diversified mineral properties in Southern and West Africa. It is exploring its properties in Mozambique, Kenya and Ghana for gold and other metals and it is exploring its properties in Botswana and Namibia for diamonds. The Company’s licenses in Botswana and Namibia comprise approximately 9208 sq km of diamond prospects. In Mozambique it has approximately 230 sq km of gold and other metals licenses under an agreement with another company. In Kenya it has approximately 112 sq. km. of gold and other minerals licenses under an agreement with another company. Its operations in Botswana are carried out through its operating subsidiary, PAM Botswana (Pty) Ltd.; its operations in Namibia are carried out through its operating subsidiary PAM Minerals Namibia (Pty) Ltd.; its operations in Mozambique are carried out through its subsidiary PAM Mocambique Limitada and its operations in Ghana are carried out through its subsidiary AQ Ghana Gold Limited. Its operations in Kenya are being carried out through its operating subsidiary AQ Kenya Gold Limited. The Company has its executive offices in Vancouver, Canada.
ON BEHALF OF THE BOARD OF DIRECTORS OF
AFRICAN QUEEN MINES, LTD.
Chairman & CEO
For more information, contact:
President and CEO
Phone: (604) 899-0100
Fax: (604) 899-0200
Dubai - +971 55 997 0427
London - +44 (0) 7780 602 788
The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of the content of the information contained herein. The statements made in this press release may contain certain forward-looking statements that involve a number of risks and uncertainties. Actual events or results may differ from the Company's expectations.