NYSE AMEX: KGN
KEEGAN CONTINUES TO RECEIVES EXCELLENT RESULTS FROM BOTH STEPOUT AND
INFILL DRILLING AT THE ESAASE GOLD PROJECT
VANCOUVER, BRITISH COLUMBIA, July 16, 2010 -- Keegan Resources Inc. (TSX: KGN)(NYSE
Amex: KGN) ("Keegan") is pleased to announce new assay results from its Esaase drilling program in southwest
Ghana. Keegan drilled significant intercepts in its 1) infill drill holes, 2) shallow step out drill holes north and along
strike of the resource, and 3) step out drill holes down dip of the existing resource. Significant Intercepts from
infill drilling include 98.1 meters of 1.43 g/t Au, for along strike step outs 20 meters of 1.58 g/t Au, and for down
dip mineralization, 52.3 m of 3.01 g/t Au. Please see a collar location map and cross section at
Keegan currently has numerous holes completed with pending assays and is continuing to drill step out holes on
the existing resource in preparation for an expanded resource estimate prior to completion of a pre-feasibility
study. In other news, Keegan has completed several drill holes on its Asumura property and is awaiting assays.
President and CEO Maurice Tagami states, "These new assay results reveal the continued strength of the gold
forming system at Esaase. The drilling is going very well and we are excited to now have two rigs focusing strictly
on the exploration outside the existing resource."
Richard Haslinger, P. Eng. is the Qualified Person with respect to NI 43-101 at Esaase. RC samples were taken
at one-meter intervals under dry drilling conditions by geologic and resource consultant Coffey Mining Inc.
utilizing drilling and sampling techniques widely accepted in resource definition studies of other West African gold
deposits. All reverse circulation drill samples are weighed on site. All samples are assayed using standard 50
gram fire assay with atomic absorption finish by ALS Chemex Labs in Kumasi, Ghana. QA/QC programs using
internal and external