Miyabi Gold Project - High Grade Drill Results

Miyabi Gold Project - JV Partner Announces High Grade Drill Results

13 June 2012: African Eagle Resources plc ("African Eagle" or "the Company")
(AIM:AFE, AltX:AEA) is pleased to report that its joint venture partner
BrightStar Resources Ltd ("BrightStar") has announced the discovery of a new
zone of high grade gold mineralisation resulting from a reverse circulation
drilling programme at the Miyabi gold project in Tanzania.

New results representing data from the first six holes at the newly discovered
Dalafuma Prospect include:

* 18m at 18.3g/t gold from 45m including 6m at 39.8g/t from 48m
* 6m at 4.1g/t from 75m
* 9m at 2.9g/t from 15m
* 6m at 2.7g/t from 12m

(True width is interpreted to be approximately 70% of down hole width)


BrightStar further reports:

This recent drilling was part of the initial follow-up of targets generated from
the 2011 rotary air blast and reverse circulation drilling at Miyabi. The new
discovery has been named the Dalafuma Prospect and was initially identified by
the high-grade intersection of 21m at 6.7g/t Au from 21m in an exploration hole,
which was drilled by BrightStar in 2011. The drilling defines continuity to the
previously recorded intersection and BrightStar reports that the zone is open
along strike and down dip and is interpreted that it extends to within 5m of
surface. The drill rig remains on-site and follow-up drilling has commenced.
Drilling has been carried out by Ausdrill Tanzania using a track mounted Sandvik
multi-purpose rig. Holes completed to date have been drilled with a 4.5" bit.
Sample recovery has been good and all holes have remained dry during drilling.
Drilling has been initially sampled in 3m composites. Samples were collected in
1m intervals from the rig cyclone and passed through a riffle splitter. A scoop
sample was taken from the 1m intervals to form the 3m composite of approximately
2kg, which was submitted to the SGS laboratory in Mwanza, Tanzania for sample
preparation and a 50g fire assay for gold. For each metre, a 2kg sample was also
collected and stored on site. For any intervals with anomalous 3m composite
samples, the 1m samples will be selected and assayed.

Further information can be found at the BrightStar website using the following
link: http://www.brightstargold.com/announcements/asx-releases.html

About African Eagle
African Eagle Resources plc is a junior mining developer and explorer with
projects in Tanzania and Zambia. The Company's flagship project is the Dutwa
nickel project in Tanzania located about 25 kilometres south of Lake Victoria
and 140 kilometres east of Mwanza within Greenstone gold belt which hosts many
of Tanzania's operating and developing gold mines. The Company is quoted on the
AIM market of the London Stock Exchange (AIM: AFE) and on the AltX of the JSE
(ALTX: AEA).

Qualified Person
Information in this report relating to reported exploration results is based on
data reviewed by Mr Paul Payne, a director and full time employee of BrightStar
and a Member of The Australasian Institute of Mining and Metallurgy. Mr Payne
has sufficient experience which is relevant to the style of mineralisation and
type of deposit under consideration and to the activity which he is undertaking
to qualify as a Competent Person as defined in the 2004 Edition of the
'Australasian Code for Reporting of Exploration Results, Mineral Resources and
Ore Reserves' and is a Qualified Person under AIM rules. Mr Payne consents to
the inclusion in the report of the matters based on his information in the form
and context in which it appears.


Technical terms
A glossary of technical terms used by African Eagle in this announcement and
other published material may be found at http://africaneagle.co.uk/dutwa-
glossary.asp


For further information, please visit www.africaneagle.co.uk or contact:
African Eagle Resources plc
Trevor A. Moss (CEO)
Alex Buck
+44 20 7248 6059

Canaccord Genuity Limited (NOMAD)
Rob Collins or Andrew Chubb
+ 44 20 7523 8000

Ocean Equities Limited (Joint Broker)
Guy Wilkes
+44 20 7786 4370

Russell & Associates, Johannesburg
Charmane Russell or Marion Brower
+27 11 880 3924



Appendix

Table 1: List of All new RC Intersections > 0.5g/t Au

Table 1: List of 2012 BrightStar RC Drilling Results
+--------------------------------------------------+---------------------------+
| Collar Location and Orientation (local grid) | Intersections > 0.5ppm Au |
+--------------------------------------------------+---------------------------+
| Hole Type X Y Z Total Dip Az | From To Length Au g/t|
| Depth | (m) (m) (m) |
+--------------------------------------------------+---------------------------+
|MBRC330 RC 5,746 19,420 1,200 87 -55 135 | 75 81 6 4.11 |
+--------------------------------------------------+---------------------------+
|MBRC331 RC 5,700 19,415 1,200 123 -55 135 | 45 63 18 18.34 |
| | |
|             including| 48 54 6 39.8 |
+--------------------------------------------------+---------------------------+
|MBRC332 RC 5,704 19,379 1,200 87 -55 135 | 12 18 6 2.68 |
+--------------------------------------------------+---------------------------+
|MBRC333 RC 5,700 19,320 1,200 57 -55 315 | No assays > 0.5g/t Au |
+--------------------------------------------------+---------------------------+
|MBRC334 RC 5,750 19,380 1,200 99 -55 135 | 15 24 9 2.91 |
+--------------------------------------------------+---------------------------+
|MBRC335 RC 5,750 19,340 1,200 87 -55 135 | No assays > 0.5g/t Au |
+--------------------------------------------------+---------------------------+

* Samples analysed as 3m composites
* Sampling carried out using a cyclone and riffle splitter
* Sample preparation and gold analysis using 50g fire assay carried out by SGS
Laboratories in Mwanza, Tanzania
* QAQC samples submitted routinely with good results
* Holes located by GPS then transformed to local grid coordinates
* True width is approximately 70% of down hole width.






This announcement is distributed by Thomson Reuters on behalf of
Thomson Reuters clients. The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.

Source: African Eagle Resources PLC via Thomson Reuters ONE
[HUG#1619313]


Unternehmen: African Eagle Resources PLC - ISIN: GB0003394813