Keegan Resources is a well-financed junior gold company led by a proven and successful management team. The company has two premier gold assets in Ghana, West Africa. Keegan's flagship property, the Esaase gold deposit has become world class as confirmed by the pre-feasibility study that was released in September 2011. The updated resource calculation indicates a 3.64 million ounce measured and indicated and 1.55 million ounces inferred resource averaging 1.1 grams per tonne gold at a cutoff grade of 0.4 grams per tonne (43-101 technical report). Based on the positive results of the pre-feasibility study, a portion of the Measured and Indicated Mineral resource was converted to Proven and Probable Mineral reserves containing 2.88 million ounces of gold grading 1.1 grams per tonne (based on $1150 per ounce gold pit shell). Keegan is also in the process of advancing its definitive feasibility study project while also continuing ongoing surface exploration that continues to successfully define exciting new targets.