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Keegan Resources

www.keeganresources.com

Description

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's flagship property, the Esaase gold deposit has become a world class as confirmed by the latest resource update performed in February, 2009. Keegan's second project, the Asumura gold property, is located along one of Ghana's largest and most productive gold structures, which contains over 19 M oz of gold reserve and resource. Keegan has had previous success in drilling the property, including a reconnaissance drill intercept of 14 meters of 4.5 g/t gold drilled in 2008. In addition to follow-up on this intercept, Keegan plans to drill several other targets.

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Company Statement:

Keegan is a financed advanced gold exploration company with two premier gold assets in Ghana, West Africa, within one of the world's most prolific Gold Regions. Keegan has successfully identified a significant gold deposit of 1.67M ozs at its Esaase property which is also currently being expanded with mineralization open in all directions.

Keegan's second project, the Asumura gold Property is located 65 km South of the 18+ M ounce Ahafo mine, owned and operated by Newmont, alone of Ghana's three major deposit hosting structures.

Current Operations:

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.

Management

Dr. Dan McCoy, PhD

Position: CEO, President, Director

Richard J. Haslinger, P.ENG

Position: Director

Rob McLeod, P.Geo.

Position: Director

Mark Orsmond, CA

Position: Director

Gordon J. Fretwell, LLB

Position: Director

Tony Ricci, CA

Position: CFO

Dr. Roman Shklanka, Phd

Position: Chief Technical Advisor

Eric Ewen

Position: West Africa Exploration Specialist

Ivan Bebek

Position: Financier, Advisory Board

Shawn Wallace

Position: Corporate Development

Click here for more information on management

Major Shareholders

Shares Outstanding
28,440,648
Warrants Outstanding (weighted ave. $3.75)
5,183,750
Options Outstanding (weighted ave. $2.48)
3,528,315
Shares Outstanding Fully Diluted
36,807,713
Shares in Escrow
0


Contact Information

CORPORATE ADDRESS
Keegan Resources Inc.
1204-700 West Pender Street
Vancouver, British Columbia
Canada, V6C 1G8

Telephone: 604 683 8193
Facsimilie: 604 683 8194
Toll Free: 1-800-862-8655
Email: info@keeganresources.com

GHANA ADDRESS
Keegan Resouces (Ghana) Limited
No. 6 Templesi Lane, Airport Residential Area,
Accra, Ghana
Mailing Address
P.O. Box CT6153, Accra, Ghana
Telephone: +233-243-690-224

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