African Eagle Resources plc

DRILLING UPDATE AT MKUSHI

News Report
6 February 2006

African Eagle Resources plc ("the Company" or "African Eagle", ticker AFE) is pleased to announce the final results from its 2005 drilling programme at the Mkushi copper project in central Zambia. The Mkushi drilling programme is continuing into 2006. Mineralised drill intercepts included:

84m at 1.8% copper including 15m at 5.2%
26m at 1.0% copper and 22m at 0.6% copper
30m at 0.4% copper

African Eagle's Operations Director, Chris Davies, comments, "These results confirm the existence of wide zones of copper mineralization at Mkushi and justify African Eagle's decision to fast-track the Mkushi Project to economic feasibility."

These results are the last from a drill programme completed in December 2005 on copper mineralisation around the 30m deep 1960s-era open pit at Munshiwemba and its southwest extension into an area known as H-Zone.

The new results, together with previously reported mineralised drill intercepts from the area, demonstrate a continuous zone of mineralization extending for approximately 1 km along strike and down to depths of 150m below surface.

The results of the latest drilling are tabulated below and a map showing all the drill results to date along this zone can be seen at www.africaneagle.co.uk/projects-mkushi.html

Drill Hole	Prospect	From (m)	Interval (m)	Copper %
MH9 and including	H Zone	61.0 80.0 133.0	6.0 84.0 15.0	1.0 1.8 5.2
MH8	H Zone	160.0	30.0	0.4
MMU5	Munshiwemba	24.5	4.5	0.4
MMU6 and	Munshiwemba	62.5 121.0	22.0 26.0	0.6 1.0

The drill core and cuttings to date have been submitted for multi-element analysis including gold assay.

African Eagle's 2005 drilling programme at Mkushi was implemented to verify historical data that indicated a resource of at least 30 Mt at 1.25% Cu remained after production operations were terminated in the mid 1970's. The results received to date give encouragement to confirm and expand on the historical resource. In January, the Company commenced a programme of resource definition drilling, using two diamond drill rigs and one percussion rig. A second percussion rig will be mobilised soon and will be used to test promising geophysical anomalies in previously unexplored parts of the licence area.

John Park
Chairman
African Eagle Resources plc