AFR Nuventure Resources Inc

African Metals Corporation ("AFR") (TSX VENTURE: AFR)(FRANKFURT: OWW) is pleased to provide an update on exploration activities at its Luisha South Project in the Democratic Republic of the Congo.

Summary

A total of 1538.73 metres of diamond core drilling from 22 holes was completed at the Luisha South Project in January 2010. The holes targeted down dip and southeast extensions of mineralization highlighted by the June 2010 RC drilling program. Ten angled and vertical holes were collared in the base of the open pit whilst twelve holes were collared to the south and southeast of the pit.

Luisha South Open Pit Diamond Drilling

Rubaco Sprl and DrillTek Sprl combined to complete a 22 hole, 1538.73 metre drilling program at the project. The drill holes are summarized in the table below.

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                                                   RC
                                                  Pre
                 Azim   Dip                      Coll-  Tail
Drill       Hole (deg- (deg-                       ar     (m)    NQ   Comm-
C'pany    Number rees) rees)   East   North    RL  (m)  (EOH)    (m)    ent
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Rubaco   LURD001   36   -60  501826 8764111  1260 110 145.55  35.55    Tail
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Rubaco   LURD005   36   -60  501782 8764142  1260 112 130.25  18.25    Tail
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Rubaco   LURD017  126   -60  501891 8764159  1230  60    108     48    Tail
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Rubaco   LURD018  360   -90  501887 8764161  1230  50     21     21 Aband'd
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Rubaco   LUDH025  360   -90  501734 8764245  1232   - 100.35 100.35
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Rubaco   LUDH026   36   -60  501895 8764157  1230   -  64.25  64.25
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Rubaco   LUDH027   36   -60  501871 8764183  1230   -     52     52
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Rubaco   LUDH028  360   -90  501808 8764222  1231   -  102.8  102.8
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Rubaco   LUDH030   36   -60  501821 8764241  1232   -   27.7   27.7     Low
                                                                     recov.
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Rubaco   LUDH031   36   -60  501816 8764241  1232   -     35     35     Rpt
                                                                        030
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Rubaco   LUDH032   36   -60  501849 8764201  1230   -   48.2   48.2
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Rubaco   LUDH033  360   -90  501884 8764165  1230   -  97.25   97.5     Rpt
                                                                        018
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Rubaco   LUDH034   36   -60  501949 8764108  1260   -   58.5   58.5
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DrillTek LURD002   36   -60  501889 8764089  1260 110    132     22    Tail
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DrillTek LURD003   36   -60  501927 8764078  1260  92    138     46    Tail
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DrillTek LURD004   36   -60  501970 8764048  1260  90  140.6   50.6    Tail
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DrillTek LURD006   36   -60  501866 8764058  1261  60  158.4   98.4    Tail
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DrillTek LURD007   36   -60  501902 8764042  1261  62    158     96    Tail
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DrillTek LURD008   36   -60  501943 8764011  1261  90 170.88  80.88    Tail
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DrillTek LURD012   36   -60  501739 8764167  1260  47    148    101    Tail
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DrillTek LURD023  360   -90  502407 8763817  1230  50  200.8  150.8    Tail
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DrillTek LUDH029   36   -60  502038 8763735  1267   -  184.2  184.2    Tail
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                                                            1538.73
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Table 1: Diamond Drill Information, Luisha South Project

The drill holes around the open pit intersected consistent Chalcopyrite and Carrolite mineralization. Chalcopyrite is a copper-iron sulphide mineral that commonly weathers to form the high grade copper mineral malachite. Carrolite is a cobalt sulphide mineral composed of approximately 40% cobalt and 20% copper in its chemical makeup, the remaining percentages going to iron, sulphur and minor nickel. Carrolite weathers to produce the high grade cobalt mineral heterogenite. Mineralization styles observed in the core include both syngenetic (bedding parallel fine pyrite lenses and blebs replaced by Chalcopyrite and Carrolite) and epigenetic (fracture and vein hosted sulphides).

Geological logging of the drill core continues, and core samples are expected to be dispatched to SGS Minerals Laboratory in Kalulushi, Zambia in late January for processing and analysis. Analytical and SG determination results are expected to be available by early to mid-March, depending on processing delays at the laboratory.

AFR plans to courier selected samples from the RC and diamond drilling programs to suitable consulting groups in South Africa for metallurgical test work. The upgraded geological interpretation, assay and metallurgical results will be used to calculate a revised estimate of the maiden resource, and initiate desktop mining studies.

Nigel Ferguson, AusIMM, President and CEO of the Company and a qualified person under National Instrument 43-101, has verified data disclosed in this release.

ON BEHALF OF THE BOARD OF DIRECTORS OF AFRICAN METALS CORPORATION

Nigel Ferguson, President & CEO

This News Release contains forward-looking statements. Forward-looking statements are statements which relate to future events. These statements are only predictions and involve known and unknown risks, uncertainties and other factors that may cause our or our industry's actual results, levels of activity, performance or achievements to be materially different from any future results, levels of activity, performance or achievements expressed or implied by these forward-looking statements. While these forward-looking statements, and any assumptions upon which they are based, are made in good faith and reflect our current judgment regarding the direction of our industry, actual results will almost always vary, sometimes materially, from any estimates, predictions, projections, assumptions or other future performance suggested herein. Except as required by applicable law, the Company does not intend to update any of the forward-looking statements to conform these statements to actual results.

To view Figure 1 please click on the following link: http://media3.marketwire.com/docs/0121AFR.pdf

Neither the 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 new release.

Contacts: African Metals Corporation Nigel Ferguson President & CEO 604-507-2181 604-507-2187 (FAX) info@africanmetals.com www.africanmetals.com