Abzu Gold Ltd. (TSX VENTURE:ABS) ("Abzu" or the "Company") is pleased to
announce the appointment of Mr. Robert Baxter as President, Chief Executive
Officer and a director of the Company. 


Mr. Baxter has over 25 years of experience in the mining industry. Mr. Baxter
was the President, Chief Operating Officer and a director of Norsemont Mining
Inc. until April 2011 following the completion of its sale to HudBay Minerals
Inc. for $520 million. He has also held positions as a director of Petaquilla
Minerals Ltd. and Chariot Resources Ltd. which was sold to China Sci Tech, a
Hong Kong listed company. Mr. Baxter is currently the President, Chief Executive
Officer and a director of Indico Resources Ltd. and a director of Pan Global
Resources Inc., Prism Resources Inc. and Dorato Resources Inc. He is also
General Manager of Baxter Consultants Eng. S.A.C.


Mr. Baxter has an Applied Bachelor of Science (Honours) degree from the
University of New South Wales and is a Fellow of the Australian Institute of
Mining and Metallurgy (FAusIMM).


The Company also announces that Dr. Mark Cruise has resigned as a director of
the Company. Dr. Cruise has been a director since December 2010. The Board would
like to take this opportunity to thank Dr. Cruise for his contribution to the
Company and wishes him well in his future endeavours.


On behalf of the board of directors of

ABZU GOLD LTD.

Gordon Neal, Chairman

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term
is defined in the policies of the TSX Venture Exchange) accepts responsibility
for the adequacy or accuracy of this press release, which has been prepared by
management.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Abzu Gold Ltd.
Gordon Neal
Chairman
604 638 3288
604 398 5387 (FAX)