Galiano Gold Inc T.GAU

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Keegan Completes Technical Report; Drilling to Commence at Asumura Gold Project 2/9/2006       VANCOUVER, BRITISH COLUMBIA, Feb 9, 2006 (CCNMatthews via COMTEX) -- Keegan Resources Inc. (TSX VENTURE:KGN) is pleased to announce that it has contracted a reverse circulation drilling company for the Asumura gold project with anticipated startup in February. Keegan has also finalized and filed a technical report under national instrument 43-101 which is available on the company's website at www.keeganresources.com. The report recommends a 10,000 metre Phase I reverse circulation drill program followed up by a 5000 metre Phase II core program contingent on favorable results from Phase 1. Keegan plans to focus it's initial drilling on the two kilometre plus geochemical and IP anomaly at Wagyakrom and in the area of the prospective trench within the Twiapasi gold-in-soil anomaly where Keegan obtained a bedrock intercept of 6 metres at 4.6 g/t Au. A further announcement will be made once drilling commences. The Asumura Project is located within a favorable geological setting on a large convex flexure of the Sefwi greenstone belt. Each convex flexure of the Sefwi and Ashanti greenstone belts besides Asumura has delivered multi-million ounce deposits; the most recent discoveries occurring in Newmont's (TSX:NMX)(NYSE:NEM) Ahafo gold district (proven and probable reserves of 10.6 M oz at an average gold grade of 0.068opt (1.92g). The Asumura concession comprises a 210 square kilometer area 65 kilometers south of Ahafo along the same belt boundary. Dan McCoy, president and CEO of Keegan Resources states: "We are looking forward to the chance to drill test these very prospective anomalies. The next few months will be a very exciting time for Keegan Resources." About Keegan Resources With a primary focus on established gold districts located in stable political environments, Keegan's seasoned exploration and management team have leveraged their collective experience and networks of contacts to efficiently assess, acquire and explore high quality, mid stage, precious and base metal projects. With active exploration programs in Nevada and Ghana combined with an enviable capital structure the company is well positioned to deliver an active, exciting year for its investors. On Behalf of the Board Dan McCoy, Ph.D., President & CEO This release includes certain statements that may be deemed forward-looking statements. All statements in this release, other than statements of historical facts, that address future production, reserve potential, exploration drilling, exploitation activities and events or developments that the Company expects are forward-looking statements. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those in the forward-looking statements. Factors that could cause actual results to differ materially from those in forward-looking statements include market prices, exploitation and exploration successes, continued availability of capital and financing, and general economic, market or business conditions. Investors are cautioned that any such statements are not guarantees of future performance and that actual results or developments may differ materially from those projected in the forward-looking statements. For more information on the Company, Investors should review the Company's filings that are available at www.sedar.com. SOURCE: Keegan Resources Inc. Keegan Resources Inc. Investor Relations [phone] or Toll Free: 1-800-863-8655 [phone] (FAX) [e-mail] www.keeganresources.com