Abzu Gold Intersects 4.72 g/t Gold Over 20 Metres in First Drill Program at Asafo Project, Ghana

VANCOUVER, BRITISH COLUMBIA–(Marketwire – Oct. 20, 2011) – Abzu Gold Ltd. (TSX VENTURE:ABS)(OTCQX:ABZUF) (“Abzu”) is pleased to announce the discovery of a new mineralized zone on its 100% owned Asafo concession located along the eastern margin of the Kibi Belt, Ghana (Figure 1). The new discovery is centered on drill hole ASDD08 which returned 4.72 g/t gold over 20.00 metres at a vertical depth of only 28 metres (Table 1).