Ashanti Gold Corp. - and Desert Gold Ventures Inc. are pleased to announce that they have entered into a definitive combination agreement to which Desert Gold will acquire all of the issued and outstanding common shares of Ashanti , . The transaction is being carried out by way of a three-cornered amalgamation . Ashanti shareholders will vote on the Amalgamation at a special meeting of Ashanti shareholders with closing [...]
Ashanti Gold Corp. - and Desert Gold Ventures Inc. are pleased to announce they have entered into a binding letter of intent contemplating the acquisition by Desert Gold of all of the outstanding common shares of Ashanti , . The Proposed Transaction, upon completion, will allow Ashanti shareholders to benefit from a consolidation of land positions currently under property rights or owned by both Desert Gold and Ashanti on [...]
Ashanti Gold Corp. - announces it will exercise an earn-in option for 51% of the Anumso Project in Ghana , as per the earn-in agreement previously announced and amended . Currently, Goldplat Plc, the vendor, is conducting a review of Ashanti’s work on the license as a formal part of the earn-in agreement, and both parties are working on a development plan to advance Anumso further. Significant area of soil anomaly [...]
Ashanti Gold Corp. - is pleased to announce Anastasia Levashova is joining the Board of Directors. Ms. Levashova is current a Portfolio Manager at Blackfriars Asset Management, a London, UK based fund management boutique specializing in equities investment within global emerging and frontier markets. Ms. Levashova has over 20 years’ experience in emerging markets working in New York, London and Moscow at such [...]
Ashanti Gold Corp. - is pleased to give a corporate update. For Mali, work is progressing well on the Resource Estimation and accompanying NI 43-101 supporting resource report on its Kossanto East project. Data analysis and auditing, 3D geological modelling, and assembly of Specific Gravity and QA/QC data are all advancing and being compiled by the Ashanti team and its consultants. Multiple press releases from June to [...]
Ashanti Gold Corp. - announces additional new results from Gourbassi West. These most recent drill hole results were part of a recently completed 105 hole Reverse Circulation and Diamond Drill , 12,283 metre drill program that tested mineralization on the Kossanto East Project in western Mali . Results presented here are from section 1485800 , south of sections previously described in the Company’s August 14 and [...]
Ashanti Gold Corp. - announces a conference call with management to discuss the Company’s current operations and future development plans. The call will be hosted by Tim McCutcheon and Paul Klipfel on Tuesday, September 18th at 11:00am Pacific Daylight Time . To ask questions at the end of the call, participants will need to log-in to the Readytalk Q&A Platform. Online access and dial-in numbers are as follows [...]
Ashanti Gold Corp. - announces positive initial metallurgical test work for Kossanto East mineralized material. These metallurgical studies were conducted on oxidized and unoxidized mineralized samples from the Gourbassi East and West target zones on the Kossanto East project, Mali. The samples represented a range of head grades. Samples were shipped to Blue Coast Research in Parksville, B.C. Canada for gold recovery [...]
36m of 1.29 g/t gold and 57m of 0.72 g/t gold Overview of the Kossanto East property showing the location of Gourbassi West and Gourbassi East mineralized zones. Yellow dashed lines outline areas of anomalous soil samples . The Faleme River marks the southern boundary of the concession. Gourbassi West with location of holes and section 1486100 reported here. Green dots show Ashanti’s 2018 drill holes. East-west [...]
Ashanti Gold Corp. announces first results for Gourbassi West from the recently completed 105 hole Reverse Circulation and Diamond Drill , 12,283 metre drill program that tested mineralization on the Kossanto East Project in western Mali . Results presented here fill-in gaps in previous drilling and test new step-out areas at Gourbassi West. The results support and expand on previously interpreted mineralized zones [...]
20m of 2.32 g/t gold Overview of the Kossanto East property showing the location of Gourbassi East and Gourbassi West mineralized zones. Yellow dashed lines outline areas of anomalous soil samples . The Faleme River marks the southern boundary of the concession. Gourbassi East Main Zone with location of holes and section1483950 reported here. Yellow dots show AGZ’s 2018 drill holes. Red dotted lines outline soil [...]
Ashanti Gold is pleased to announce additional results from the recently completed 105 hole Reverse Circulation and Diamond Drill , 12,283 metre drill program that tested mineralization on the Kossanto East Project in western Mali . Results presented here and previously demonstrate strong positive results from drill holes at Gourbassi East. Results reported here broaden the width and increase the down-dip extent of known [...]
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