Asante Gold Corp. announces that the Government of Ghana has granted the Company a Forest Access permit which covers all forest areas within our Kubi mining lease. A resource infill drilling and deep resource expansion exploration program has commenced. The objective of the drill program, of up to 7,000m of RC and diamond drilling, is to fill in gaps in the current *Kubi Main Zone NI 43-101 resource model. In particular [...]
Asante Gold Corp. is pleased to announce the appointment of two internationally renowned mineral consultants to our mine development and exploration teams. Mr. Dave Anthony has been appointed as a Senior Project Development Consultant to the Board. Mr. Anthony has +40 years' experience in mining and mineral processing mostly gained at the senior management & executive levels in gold process plant design, permitting [...]
Asante Gold Corp. is pleased to announce that Metso Outotec has been engaged as a Principle Project Development Partner to complete a preliminary capital and operating cost estimate on treatment options for processing of free-milling gold from our Kubi Gold Project in Ghana. Metso Outotec is a frontrunner in sustainable technologies, end-to-end solutions and services for the minerals processing, metals refining and [...]
Asante Gold Corp. is pleased to report that it has received notice from the Minerals Commission of Ghana that eight highly prospective concessions covering approximately 314 km2 have been recommended for transfer to Asante. These licenses are comprised of the Diaso , Juabo , Manhia , Dunkwa Gyimigya , Gyimigya , Agyaka Manso , Amuabaka and Nkronua-Atifi prospecting licenses . All licenses are being acquired, on an as [...]
Asante Gold Corp. announces that it has closed the private placement announced on March 16, 2021, for aggregate gross proceeds of $7,016,265. A total of 47,710,602 units at a price of $0.15 per unit were placed with twenty-four subscribers, including 935,502 units which were placed with an arm's length finder. Malik Easah, an Executive Director of the Company, purchased 3,333,333 units in the offering, representing 4.68 [...]
Asante Gold Corp. announces that assays have been received for the first hole of a three-hole geotechnical drill program at our Kubi Gold project in Ghana. DDHK21-001 was collared approximately 100m to the north of the Kubi Pit, near the middle of the *Kubi Main Mineral Resource. On this section gold mineralization has been previously outlined to a depth of 450m, the gold is free milling, and occurs within a near vertical [...]
Asante Gold Corp. announces a private placement to accredited and exempt investors of up to 33,333,333 units at CAD$0.15 per unit , for gross proceeds of up to CAD$5.0 million. Each Unit will consist of one common share of the Company , and one Common Share purchase warrant . Each Warrant will entitle the holder to purchase one additional Common Share at an exercise price of CAD$0.25 at any time during the 24 months [...]
Asante Gold Corp. announces the appointment of Mr. Edward Abrokwah as an advisor to the Board of Directors. Mr. Abrokwah has agreed to join with us to assist the Company with its proposed co-listing on the Ghana Stock Exchange and inter-Governmental relations. He has worked since 2008 with the Ministry of Finance, Ghana, first as a Technical Consultant and currently as Principal Economist. He has worked in various [...]
Asante Gold Corp. announces that a diamond drill rig from Toomahit Drilling has arrived on site and will complete a program of ~300m of HQ core drilling in three holes. These holes are planned to intersect the Kubi Main mineralized zone at depths from 30m to 120m below surface, and give long intersections of mineralization for testing purposes. Previous drilling on this section has shown the mineralization to be near [...]
Asante Gold Corp. is pleased to announce that we have engaged Black Star Advisors Limited of Accra Ghana to act as our Financial Advisor in connection with the Company's proposed secondary listing on the Ghana Stock Exchange. In connection with this listing, and on the basis of the strong interest so far received, the Company will seek to raise up to US$3million on terms to be determined in the context of the market at [...]
Asante Gold Corp. are pleased to announce we are nearing the completion of our previously announced program of trenching and auger drilling of the Kubi 513 zone, with laboratory results now expected in Q1 2021. In addition, a program of induced polarization geophysics has been completed on our Fahiakoba concession and significant anomalies have been recorded, such that plans are now being drawn up for a follow up drill [...]
Asante Gold Corp. announces that Nadia Abdul Aziz has been appointed a Director of the Company, effective immediately. In addition, Dr. Abdel-Majeed Haroun has stepped down and has agreed to continue to assist the company as a Special Advisor and Consultant. The Board thanks Dr. Haroun for his service to the Company and shareholders and wish him success in his future endeavours. Mrs. Aziz who is a resident in Accra, Ghana [...]
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