Dutwa Project - Wamangola Drilling Results

14 June  2012: African Eagle  Resources plc  ("African Eagle"  or the "Company")
(AIM:  AFE; AltX: AEA) is pleased to  report new nickel and cobalt drill results
from  a  drilling  programme  completed  during  the  winter  of  2011/12 at the
Wamangola  deposit, which comprises the larger part of its flagship Dutwa nickel
project in Tanzania.

The  drilling programme was  designed to further  upgrade the remaining zones of
the  Wamangola JORC resource  from Inferred to  Indicated category.  An upgraded
resource  report for Wamangola is under  development by Snowden in Perth Western
Australia and due for release in Q3 2012.

The  new  results  provide  further  confirmation  of  the strength of the Dutwa
resource and reinforce the extent of the significant high-grade zones.

Key Mineralised Intercepts include:

Nickel:
·         54 metres at 2.45% nickel including 6 metres at 4.12% Nickel
·         45 metres at 2.03% nickel including 3 metres at 4.14% Nickel
·         51 metres at 1.04% nickel
·         48 metres at 1.02% nickel
·         36 metres at 1.24% nickel

Cobalt:
·         9 metres at 0.12% cobalt
·         6 metres at 0.14% cobalt


The  Wamangola  resource  upgrade  drill  programme  comprised 93 vertical holes
comprising  4,378 metres  of  reverse  circulation  drilling, bringing the total
number  of  RC  drill  holes  at  Wamangola  to 421. African Eagle commenced the
drilling  in early November 2011 and completed the work in early February 2012.
The  programme was  specifically designed  to upgrade  the previously classified
Inferred  resource to Indicated category and was defined with the assistance and
approval  of Snowden of Perth, Australia,  African Eagle's deposit modelling and
resource geology contractor. Snowden will now conduct a formal resource estimate
to  JORC standard with  the results expected  in Q3 2012. With  this most recent
drilling, African Eagle has completed a total of 23,255m of resource drilling at
Wamangola.

All  mineralised intersections from the latest drilling with grades of more than
0.5% nickel  or 0.05% cobalt are  listed below. Assays  were carried out at Omac
Laboratories  in Ireland on 3m composited  RC drill cuttings, with approximately
20% of  quality  control  samples  (reference  standards, blanks and duplicates)
inserted  into  the  sample  stream.  The  resource  upgrade  drilling programme
infilled previous drilling to nominal drill collar intervals of 100m x 100m.

All  mineralised intersections from the latest drilling with grades of more than
0.5% nickel or 0.05% cobalt are listed below.

Table A: Nickel intersections for drillholes in the resource upgrade programme

+----------+-------------+---------------------+----------------+-------+
|Drill Hole|From (metres)|Intersection (metres)|Grade (% Nickel)|Comment|
+----------+-------------+---------------------+----------------+-------+
|DTRC-329  |            0|                    9|            0.55|       |
+----------+-------------+---------------------+----------------+-------+
|DTRC-330  |           15|                    3|            0.52|       |
+----------+-------------+---------------------+----------------+-------+
|DTRC-359  |           66|                    6|            0.59|       |
+----------+-------------+---------------------+----------------+-------+
|DTRC-360  |            0|                   15|            0.77|       |
+----------+-------------+---------------------+----------------+-------+
|DTRC-362  |            9|                    3|            0.74|       |
+----------+-------------+---------------------+----------------+-------+
|DTRC-363  |            6|                    6|            0.59|       |
+----------+-------------+---------------------+----------------+-------+
|          |           30|                    3|            0.57|       |
+----------+-------------+---------------------+----------------+-------+
|DTRC-365  |            0|                    3|            0.62|       |
+----------+-------------+---------------------+----------------+-------+
|          |            6|                   15|            0.63|       |
+----------+-------------+---------------------+----------------+-------+
|Or**      |            0|                   21|             0.6|       |
+----------+-------------+---------------------+----------------+-------+
|          |           30|                   15|            2.74|       |
+----------+-------------+---------------------+----------------+-------+
|Incl.***  |           36|                    6|            4.37|       |
+----------+-------------+---------------------+----------------+-------+
|DTRC-366  |            0|                    6|            0.57|       |
+----------+-------------+---------------------+----------------+-------+
|          |           21|                    3|             1.2|       |
+----------+-------------+---------------------+----------------+-------+
|          |           36|                   12|            2.09|       |
+----------+-------------+---------------------+----------------+-------+
|DTRC-367  |            6|                   12|            1.02|       |
+----------+-------------+---------------------+----------------+-------+
|          |           21|                   21|            1.48|       |
+----------+-------------+---------------------+----------------+-------+
|Or        |            6|                   36|            1.24|       |
+----------+-------------+---------------------+----------------+-------+
|DTRC-368  |            6|                    9|            0.71|       |
+----------+-------------+---------------------+----------------+-------+
|          |           18|                    3|            0.51|       |
+----------+-------------+---------------------+----------------+-------+
|          |           24|                   33|            0.94|       |
+----------+-------------+---------------------+----------------+-------+
|Or        |            6|                   51|            0.82|       |
+----------+-------------+---------------------+----------------+-------+
|DTRC-369  |            0|                    9|            0.68|       |
+----------+-------------+---------------------+----------------+-------+
|          |           12|                    3|            0.73|       |
+----------+-------------+---------------------+----------------+-------+
|          |           21|                    3|            0.56|       |
+----------+-------------+---------------------+----------------+-------+
|DTRC-370  |            0|                    9|            0.58|       |
+----------+-------------+---------------------+----------------+-------+
|DTRC-371  |            0|                   30|            0.67|       |
+----------+-------------+---------------------+----------------+-------+
|DTRC-372  |            9|                    3|            0.53|       |
+----------+-------------+---------------------+----------------+-------+
|DTRC-374  |            3|                    3|            0.63|       |
+----------+-------------+---------------------+----------------+-------+
|DTRC-375  |            0|                   30|            1.33|       |
+----------+-------------+---------------------+----------------+-------+
|DTRC-376  |            3|                   12|            0.93|       |
+----------+-------------+---------------------+----------------+-------+
|          |           18|                   36|            1.13|       |
+----------+-------------+---------------------+----------------+-------+
|Or        |            3|                   51|            1.04|       |
+----------+-------------+---------------------+----------------+-------+
|DTRC-377  |            3|                    9|            0.74|       |
+----------+-------------+---------------------+----------------+-------+
|          |           27|                    6|            0.68|       |
+----------+-------------+---------------------+----------------+-------+
|          |           36|                   15|            1.29|       |
+----------+-------------+---------------------+----------------+-------+
|Or        |           27|                   24|            1.03|       |
+----------+-------------+---------------------+----------------+-------+
|DTRC-378  |            0|                   45|            2.03|       |
+----------+-------------+---------------------+----------------+-------+
|Incl.     |            3|                    3|            4.14|       |
+----------+-------------+---------------------+----------------+-------+
|DTRC-379  |            6|                    3|            0.59|       |
+----------+-------------+---------------------+----------------+-------+
|DTRC-381  |           12|                   18|            1.76|       |
+----------+-------------+---------------------+----------------+-------+
|Incl.     |           21|                    6|            2.88|       |
+----------+-------------+---------------------+----------------+-------+
|DTRC-382  |            0|                    9|            0.77|       |
+----------+-------------+---------------------+----------------+-------+
|          |           12|                    6|            0.57|       |
+----------+-------------+---------------------+----------------+-------+
|          |           21|                    3|            0.55|       |
+----------+-------------+---------------------+----------------+-------+
|Or        |            0|                   24|            0.61|       |
+----------+-------------+---------------------+----------------+-------+
|DTRC-383  |           15|                   18|            0.78|       |
+----------+-------------+---------------------+----------------+-------+
|DTRC-384  |            0|                    3|            0.54|       |
+----------+-------------+---------------------+----------------+-------+
|DTRC-385  |            0|                   30|            1.33|       |
+----------+-------------+---------------------+----------------+-------+
|Incl.     |           18|                    6|            2.89|       |
+----------+-------------+---------------------+----------------+-------+
|DTRC-386  |            0|                   54|            2.45|       |
+----------+-------------+---------------------+----------------+-------+
|Incl.     |           15|                    6|             3.4|       |
+----------+-------------+---------------------+----------------+-------+
|and       |           36|                    6|            4.12|       |
+----------+-------------+---------------------+----------------+-------+
|DTRC-387  |           21|                    3|            0.55|       |
+----------+-------------+---------------------+----------------+-------+
|          |           27|                    3|            0.61|       |
+----------+-------------+---------------------+----------------+-------+
|DTRC-389  |            0|                   24|            0.84|       |
+----------+-------------+---------------------+----------------+-------+
|DTRC-390  |            3|                   33|            1.13|       |
+----------+-------------+---------------------+----------------+-------+
|          |           42|                    3|            0.53|       |
+----------+-------------+---------------------+----------------+-------+
|DTRC-391  |            0|                   15|            1.16|       |
+----------+-------------+---------------------+----------------+-------+
|DTRC-392  |           15|                    6|            0.71|       |
+----------+-------------+---------------------+----------------+-------+
|DTRC-393  |            6|                    6|            0.59|       |
+----------+-------------+---------------------+----------------+-------+
|          |           15|                    6|            0.63|       |
+----------+-------------+---------------------+----------------+-------+
|Or        |            6|                   15|            0.59|       |
+----------+-------------+---------------------+----------------+-------+
|DTRC-394  |            9|                    9|            0.84|       |
+----------+-------------+---------------------+----------------+-------+
|DTRC-395  |            3|                   42|            1.09|       |
+----------+-------------+---------------------+----------------+-------+
|          |           48|                    3|            0.62|       |
+----------+-------------+---------------------+----------------+-------+
|Or        |            3|                   48|            1.02|       |
+----------+-------------+---------------------+----------------+-------+
|DTRC-396  |            0|                   18|            0.62|       |
+----------+-------------+---------------------+----------------+-------+
|          |           45|                    3|            0.53|       |
+----------+-------------+---------------------+----------------+-------+
|DTRC-397  |            0|                    3|            0.53|       |
+----------+-------------+---------------------+----------------+-------+
|          |           15|                    6|            0.83|       |
+----------+-------------+---------------------+----------------+-------+
|          |           27|                    3|            0.65|       |
+----------+-------------+---------------------+----------------+-------+
|          |           36|                   12|            1.02|       |
+----------+-------------+---------------------+----------------+-------+
|DTRC-398  |           21|                   12|            0.65|       |
+----------+-------------+---------------------+----------------+-------+
|DTRC-402  |            3|                    3|            0.72|       |
+----------+-------------+---------------------+----------------+-------+
|DTRC-403  |            0|                    6|             0.6|       |
+----------+-------------+---------------------+----------------+-------+
|DTRC-404  |            3|                    6|            0.57|       |
+----------+-------------+---------------------+----------------+-------+
|DTRC-406  |            3|                   12|            0.83|       |
+----------+-------------+---------------------+----------------+-------+
|DTRC-407  |           12|                    3|            0.54|       |
+----------+-------------+---------------------+----------------+-------+
|          |           21|                    3|            0.56|       |
+----------+-------------+---------------------+----------------+-------+
|DTRC-408  |           18|                    6|            0.67|       |
+----------+-------------+---------------------+----------------+-------+
|          |           27|                    3|            0.61|       |
+----------+-------------+---------------------+----------------+-------+
|Or        |           18|                   12|             0.6|       |
+----------+-------------+---------------------+----------------+-------+
|          |           57|                    1|             0.6|EOH *  |
+----------+-------------+---------------------+----------------+-------+
|DTRC-410  |            9|                   18|            1.11|       |
+----------+-------------+---------------------+----------------+-------+
|DTRC-411  |           15|                    3|            0.81|       |
+----------+-------------+---------------------+----------------+-------+
|          |           21|                    3|            0.99|       |
+----------+-------------+---------------------+----------------+-------+
|DTRC-412  |            3|                   15|            0.65|       |
+----------+-------------+---------------------+----------------+-------+
|DTRC-413  |            3|                    6|            0.54|       |
+----------+-------------+---------------------+----------------+-------+
|          |           12|                    3|            0.65|       |
+----------+-------------+---------------------+----------------+-------+
|          |           18|                    3|             0.7|       |
+----------+-------------+---------------------+----------------+-------+
|Or        |            3|                   18|            0.54|       |
+----------+-------------+---------------------+----------------+-------+
|DTRC-414  |            3|                    3|            0.86|       |
+----------+-------------+---------------------+----------------+-------+
|DTRC-416  |            0|                    6|             0.6|       |
+----------+-------------+---------------------+----------------+-------+
|          |           12|                    3|             0.5|       |
+----------+-------------+---------------------+----------------+-------+
|          |           24|                    3|            0.59|       |
+----------+-------------+---------------------+----------------+-------+
|DTRC-417  |            0|                    6|            0.59|       |
+----------+-------------+---------------------+----------------+-------+
|DTRC-419  |            6|                    9|            0.71|       |
+----------+-------------+---------------------+----------------+-------+
|DTRC-420  |           18|                    9|            0.87|       |
+----------+-------------+---------------------+----------------+-------+

*  EOH means end-of-hole
** "or"  indicates an alternative interpretation, usually the average of a
longer interval
*** Incl. Means a zone of high grade material included with a broader zone of
mineralisation


Table B: Cobalt intersections for drill holes in the resource upgrade programme

+----------+-------------+---------------------+----------------+-------+
|Drill Hole|From (metres)|Intersection (metres)|Grade (% Cobalt)|Comment|
+----------+-------------+---------------------+----------------+-------+
|DTRC-345  |            0|                    3|            0.05|       |
+----------+-------------+---------------------+----------------+-------+
|DTRC-365  |           33|                    9|            0.08|       |
+----------+-------------+---------------------+----------------+-------+
|DTRC-366  |            0|                    6|            0.12|       |
+----------+-------------+---------------------+----------------+-------+
|          |           15|                    6|            0.09|       |
+----------+-------------+---------------------+----------------+-------+
|          |           33|                    3|            0.10|       |
+----------+-------------+---------------------+----------------+-------+
|DTRC-367  |            9|                    3|            0.07|       |
+----------+-------------+---------------------+----------------+-------+
|DTRC-374  |            0|                    3|            0.05|       |
+----------+-------------+---------------------+----------------+-------+
|DTRC-375  |            0|                    6|            0.06|       |
+----------+-------------+---------------------+----------------+-------+
|DTRC-376  |            0|                    6|            0.09|       |
+----------+-------------+---------------------+----------------+-------+
|DTRC-377  |            9|                    3|            0.05|       |
+----------+-------------+---------------------+----------------+-------+
|          |           27|                    3|            0.08|       |
+----------+-------------+---------------------+----------------+-------+
|DTRC-386  |           27|                    3|            0.05|       |
+----------+-------------+---------------------+----------------+-------+
|DTRC-390  |            3|                    9|            0.12|       |
+----------+-------------+---------------------+----------------+-------+
|DTRC-394  |            6|                    3|            0.05|       |
+----------+-------------+---------------------+----------------+-------+
|DTRC-397  |            0|                    6|            0.07|       |
+----------+-------------+---------------------+----------------+-------+
|DTRC-403  |            0|                    3|            0.07|       |
+----------+-------------+---------------------+----------------+-------+
|DTRC-407  |            0|                    6|            0.14|       |
+----------+-------------+---------------------+----------------+-------+


Qualified Person
Information  in this  report relating  to exploration  results is  based on data
reviewed  by Mr John McDonald BSc, CGeol, FGS, Country Manager for African Eagle
and  is Chartered Geologist who has more than 34 years of relevant experience in
mineral  exploration, and is a Qualified Person under AIM rules. Mr McDonald has
reviewed  and  consents  to  the  inclusion  of  the information in the form and
context in which it appears.

Technical terms
A  glossary of technical  terms used by  African Eagle in  this announcement and
other  published  material  may  be  found  at  http://africaneagle.co.uk/dutwa-
glossary.asp

About African Eagle
African  Eagle Resources plc is a mining explorer and developer with development
projects  in Tanzania and  Zambia.  The Company's  flagship project is the Dutwa
Nickel  project in Tanzania located about 25km south of Lake Victoria and 110km
east  of  Mwanza  within  greenstone  gold  belts  which host many of Tanzania's
operating and developing gold mines.  The Company is quoted on the AIM market of
the  London Stock Exchange (AIM: AFE) and  on the AltX of the Johannesburg Stock
Exchange (AltX: AEA).


For further information, please visit www.africaneagle.co.uk or contact:
African Eagle Resources plc
Trevor A. Moss (CEO)
Alex Buck
+44 20 7248 6059

Canaccord Genuity Limited (NOMAD)
Rob Collins or Andrew Chubb
+ 44 20 7523 8000

Ocean Equities Limited (Joint Broker)
Guy Wilkes
+44 20 7786 4370

Russell & Associates, Johannesburg
Charmane Russell or Marion Brower
+27 11 880 3924





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Source: African Eagle Resources PLC via Thomson Reuters ONE
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