Asante Gold Corp. is pleased to announce that it has received conditional approval to list its common shares for trading on the TSX Venture Exchange . Final approval of the listing is subject to the Company fulfilling certain conditions required by the TSXV. The Company's management team is actively working to satisfy such listing conditions. A timeline for the listing will be announced once the Company receives final [...]
Asante Gold Corp. is pleased to announce that further to its press release of July 18, 2022, the Company has filed the updated technical report prepared in accordance with National Instrument 43-101 - Standards of Disclosure for Mineral Projects on the Bibiani Gold Project located in the Ashanti region of Ghana, West Africa . Bibiani is operated by Mensin Gold Bibiani Limited, a 90% owned Ghana subsidiary of Asante. The [...]
Asante Gold Corp. is pleased to announce the filing of a technical report in accordance with National Instrument 43-101 - Standards of Disclosure for Mineral Projects in connection with the Preliminary Economic Assessment on Asante's Kubi Gold Project located in the Ashanti region of Ghana. The technical report entitled "NI 43-101 Technical Report, Kubi Gold Project, Ghana, West Africa" dated August 29, 2022 has been [...]
Asante Gold is pleased to announce drill results from its ongoing drilling program at the South Russel prospect located on the Bibiani Gold Mining Lease, 3.8 km southwest from the Bibiani Process Plant. The discovery hole, MGRCD21-047, was announced March 29, 2022 with follow up drilling demonstrating potential for possible development of a satellite pit. To date, Asante has confirmed over 200m strike length of [...]
Asante Gold is pleased to announce the appointment of Adriano Sobreira as Vice President, Operations. Asante has also appointed Juliet Manteaw-Kutin as General Counsel to lead the Company’s legal, compliance, ethics and governance functions. Mr. Sobreira has 40 years’ international experience in the mining industry with extensive expertise delivering safety, cost and productivity initiatives. Prior to joining Asante [...]
Asante Gold is pleased to announce that, further to its news release dated April 25, 2022, it has closed the acquisition of all of the issued and outstanding shares in the capital of Red Back Mining Pty Ltd, which indirectly holds a 90% interest in the Chirano Gold Mine pursuant to a share purchase and sale agreement dated April 24, 2022, as amended, among the Company, KG Africa B.V., an indirect subsidiary of Kinross [...]
Asante Gold is pleased to announce that, further to its news release dated April 25, 2022, it has closed the acquisition of all of the issued and outstanding shares in the capital of Red Back Mining Pty Ltd, which indirectly holds a 90% interest in the Chirano Gold Mine pursuant to a share purchase and sale agreement dated April 24, 2022, as amended, among the Company, KG Africa B.V., an indirect subsidiary of Kinross [...]
Asante Gold is pleased to announce preparation of an updated NI 43-101 Technical Report for the Bibiani Gold Mine, operated by Mensin Gold Bibiani, a 90% owned Ghana subsidiary of Asante. The 2022 Technical Report has been prepared to the level of confidence of a Pre-Feasibility Study and will be filed on the Company’s SEDAR profile within 45 days. The 2022 Technical Report when filed will supersede the previous Bibiani [...]
Asante Gold announces that effective July 15, 2022 the Company has completed the first US$100 million tranche of a US$140 million financing package from strategic financial institutions in Ghana. The initial drawdown of US$100 million will be used to cover local operating costs and the Company’s near-term broader funding and strategic objectives. Repayment terms are to be 25% of the principal and interest in four equal [...]
Asante Gold Corp. is pleased to announce that the first gold pour at the Bibiani Gold Mine has been completed successfully with process of gravity gold concentrate recovered by the Knelson Concentrator. Asante acquired the Bibiani Gold Mine in August 2021 and completed its project execution plan that included refurbishment and upgrade of the Process Plant, Tailings Storage Facility and Mine Site Infrastructure. In [...]
Asante Gold is pleased to announce that further to its application for a secondary listing by introduction on the Main Market of the Ghana Stock Exchange, the Company has received final approval from the Ghana Securities and Exchange Commission and the Ghana Stock Exchange to commence trading. Trading will commence under the symbol ‘ASG’ at the opening on June 29, 2022. A copy of the *Prospectus “SECONDARY LISTING BY [...]
Asante Gold Corp. is pleased to announce the successful refurbishment, commissioning and start of operation of the Process Plant and associated equipment at the Bibiani Gold Mine. Following an intensive period of refurbishment and upgrade of the Process Plant, principal equipment has been commissioned and confirmed operational. A 14-day period of intermittent operation is planned to test controls, calibrate operating [...]