Keegan Encounters Gold in Wagyakrom Trench at Asumura.

VANCOUVER, British Columbia -- Keegan (TSX VENTURE:KGN) is pleased to announce results from its first saprolite/bedrock trench from the Wagyakrom target area on its Asumura Property in southwest Ghana. Keegan intercepted of 12 metres @ 0.65 g/t Au. The intercept was assayed by fire assays and

was sampled on 2 meter intervals at a depth of 2-3 meters below the surface. The intercept includes 2 metres @ 1.1 g/t Au and 2 meters @ 1.2 g/t Au. The closest soil sample to this intercept is 92 ppb Au which is encouraging as Keegan has encountered soils up to 404 ppb in the Wagyakrom area. This is the first trench in the Wagyakrom area that reached bedrock as most of the anomaly is in recessed topography with overburden too deep to trench. Keegan is currently drilling an east-west fence of RC holes that will cross the trench area shortly.

The Asumura concession comprises a 210 square kilometer area within the highly prospective Sefwi greenstone belt and in addition to the current drilling program; the company continues to conduct geochemical and geophysical surveys in order to efficiently target additional areas for drilling. Vincent Dzakpasu, a qualified member of the Institute of Mining and Metallurgy in the United Kingdom is Keegan's QP on the property and has reviewed this release.

Dan McCoy, President and CEO of Keegan Resources states: "We are pleased that we are seeing wide intercepts of gold mineralization in the Wagyakrom trench. This supports our contention that we are working on a large, pervasive gold system at Asumura which our current drilling program has been designed to further test to depth."

About Keegan Resources

With a primary focus on established gold districts located in stable political environments, Keegan's seasoned exploration and management team have leveraged their collective experience and networks of contacts to efficiently assess, acquire and explore high quality, mid stage, precious and base metal projects. With active exploration programs in Nevada and Ghana combined with an enviable capital structure the company is well positioned to deliver an active, exciting year for its investors.

On Behalf of the Board

Dan McCoy, Ph.D., President & CEO

This release includes certain statements that may be deemed forward-looking statements. All statements in this release, other than statements of historical facts, that address future production, reserve potential, exploration drilling, exploitation activities and events or developments that the Company expects are forward-looking statements. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those in the forward-looking statements. Factors that could cause actual results to differ materially from those in forward-looking statements include market prices, exploitation and exploration successes, continued availability of capital and financing, and general economic, market or business conditions. Investors are cautioned that any such statements are not guarantees of future performance and that actual results or developments may differ materially from those projected in the forward-looking statements. For more information on the Company, Investors should review the Company's filings that are available at www.sedar.com.

Keegan Resources Inc. (TSX VENTURE:KGN)