Asante Gold Corp.

Asante Gold is pleased to announce the successful refurbishment and operation of the primary crusher and associated equipment at the Bibiani Gold Mine. Stockpiling of crushed ore to support the imminent commencement of processing will continue for several weeks, while downstream process plant equipment is commissioned and confirmed operational. The Bibiani Gold Mine came out of care and maintenance in September 2021 and [...]

Asante Gold Corp. is pleased to announce that it has entered into a share purchase agreement with Kinross Gold Corp. to acquire Kinross' 90% interest in the Chirano Gold Mine for a total consideration of US$225 million . The Ghanaian government retains a 10% carried interest in Chirano. The upfront consideration for the Chirano Acquisition will be comprised of US$115 million in cash and US$50 million in common shares of [...]

Asante Gold Corp. is pleased to announce that it has entered into an Exclusivity Agreement with Kinross Gold Corp. to negotiate the potential purchase of all of their interests in Ghana , including its 90% interest in the Chirano Gold Mine . Chirano is an open-pit and underground mining operation located in southwestern Ghana, immediately south of the Company's Bibiani Gold Mine. It is 90% owned by Toronto-based [...]

Asante Gold Corp. is pleased to announce the appointment of Frederick Attakumah as Executive Vice President and Country Director with effect from April 1, 2022. Mr. Attakumah holds a B.Sc. in Electrical Engineering from the Kwame Nkrumah University of Science and Technology and a Master of Business Administration degree from the Henley Business School . He has thirty years' experience in the mining industry spanning [...]

Asante Gold Corp. announces a high-grade gold discovery in initial drilling at its South Russel prospect. The discovery is located on the Company's Bibiani mining lease, 3.8 km from the Process Plant. The discovery hole, MGRCD21-047, returned 16m @ 5.75 g/t Au, and was spotted to test anomalous geophysical responses outlined from our ongoing property wide surveys. The gold mineralized system is open in all directions with [...]

Asante Gold Corp. is pleased to announce that David Anthony has been appointed President and CEO replacing Douglas MacQuarrie who has been appointed non-executive Chairman of the Company. David Anthony has +40 years' experience in mine project development and operation. His experience includes mine and process plant design, permitting, construction and operation. He has also worked in Canada, Ecuador, Brazil, Indonesia [...]

Asante Gold Corp. is pleased to announce that following a successful Public Hearing, the Company has received the updated Environmental and Mine Operating Permits necessary to commence open pit mining activities at Bibiani, Ghana's newest mine. Open Pit Mining Operations have started, with focus on delivery of ore from the Strauss and Walsh satellite pits. The #1 Cutback at the Main Pit has also started. Refurbishment of [...]

Asante Gold Corp. is pleased to announce that it has accepted subscriptions aggregating CAD$101.98 million in connection with the previously announced private placement of common shares of the Company at a price of CAD$1.75 per common share . Included in the subscribers are the Ghana Minerals Income and Investment Fund that subscribed for 14,514,286 common shares and Emiral Resources Limited that subscribed for an [...]

Asante Gold Corp. is pleased to announce that it has received significant investor interest in a private placement of common shares of the Company to raise up to US$100 million at a price of CAD$1.75 per common share. All securities issued will be subject to a four month and one day hold period under Canadian securities legislation. Closing is expected by February 18, 2022. Emiral Resources Limited , which currently holds [...]

Asante Gold Corp. announces the appointment of Jon Grygorcewicz as Chief Financial Officer following the recent retirement of Philip Gibbs. The appointment of Mr. Grygorcewicz brings extensive debt market, treasury and operational financial management experience to the Company's executive management and mine development teams. Mr. Grygorcewicz has over 30 years financial management experience, gained within Australian and [...]