Nigel Ferguson, the President of African Metals Corporation would like to announce that AFR has engaged the services of Basanga Consulting sprl ("Basanga") to commence a program of exploration works at the Luisha South Project. Work is expected to commence by the end of February or early March at the latest.

Previous grab and limited channel sampling completed by Strathcona Mineral Services Limited for Chevalier Resources Inc. ("Chevalier"), revealed significant mineralization still remains within the historical pit. Local small scale mining by TSM Enterprises sprl ("TSM"), Chevalier's joint venture partner in the Luisha South Project, is fundamentally targeting remnant high grade copper and cobalt mineralization within the footwall of the historical pit left by previous miners. This work to date has essentially commenced a small cut back of the pit wall to access the high grade mineralization as evidenced by previous sampling work. Both copper and cobalt grades have been reported by TSM as high as 40% copper and 25% cobalt, however a more realistic average grade expected at the project would be 4% to 6% copper and 1% to 3% cobalt.

The current planned work program will be centered on developing a better understanding of the nature, control and style of mineralization including the geometry of the high grade shoots within the historical pit, especially the footwall zone, through a more detailed channel sampling, detailed mapping and structural interpretation program to allow targeting of future drilling programs.

Basanga is an in country exploration and geological consultancy group that has already completed work for AFR on the company's other Democratic Republic of the Congo projects. Basangas' field crew will mobilize to site within the next few days and commence work at the project shortly thereafter.

Basanga have also been given the task of exploring the southern strike extension of potential mineralization which is believed to be contained within blind or covered units of the Roan Group Mine Series existing between the Luisha South Pit and Tiger Resources Limited's Kipoi Project, as defined by the limited regional mapping completed to date by previous explorers.

Nigel Ferguson, President and CEO, stated that "AFR will be keeping the market updated on progress as and when results become available during this exciting phase of the development of the company. The Company is in advanced negotiations with several parties to secure the necessary full time technical staff to allow commencement of the intended RC drilling program within the coming months."

AFR will acquire Chevalier's 57% interest in the Luisha South Project by way of a share purchase agreement with Chevalier shareholders whereby AFR will acquire all of the outstanding Chevalier securities (the "Acquisition"). The Acquisition is subject to regulatory approval.