VANCOUVER, British Columbia, Feb. 13, 2018 -- Ashanti Gold Corp. - is pleased to announce results of its on-going exploration program at Kossanto East . Commencing in October last year, Ashanti embarked on a comprehensive exploration program designed to advance 1) the Gourbassi East and Gourbassi West mineralized areas, and 2) evaluate the potential of other targets on the Project . The improved understanding of the [...]
VANCOUVER, B.C., Jan. 18, 2018 -- Ashanti Gold Corp. - is pleased to announce very encouraging results from its recent soil sampling program on the Anumso project, Ghana. Soil geochemical results from samples collected across Banket stratigraphy, Anumso. Color-coding: Blue and green = mildly anomalous; yellow, orange, and dark orange = moderately anomalous; red and magenta = highly anomalous Detailed image shows two zones [...]
VANCOUVER, British Columbia, Jan. 15, 2018 -- Ashanti Gold Corp. - is pleased to provide an update on its Anumso project . Ashanti continues its soil sample program to test for gold anomalies along the 10km of known conglomerate outcropping within the 29.6 km2 license area. Additionally, a trenching program is to begin in February 2018, with first targets the identified soil anomalies to the north of the historic drilling [...]
VANCOUVER, British Columbia, Dec. 05, 2017 -- Ashanti Gold Corp. - is pleased to announce it has closed the final tranche of a non-brokered private placement) . The Company has issued a further 2,243,960 Units at a price of C$0.25 per unit, for additional gross proceeds of C$560,990. Each Unit consists of one common share and one-half of one warrant with each whole Warrant entitling the holder to acquire one common share [...]
VANCOUVER, British Columbia, Nov. 08, 2017 (GLOBE NEWSWIRE) -- Ashanti Gold Corp. (“Ashanti” or the “Company”) - (TSXV:AGZ) announces it repriced and closed the first tranche of a non-brokered private placement that was announced on October 11, 2017 (the "Offering"). Due to recent market shifts, the Company has changed the unit price of the Offering to $0.25, with all other terms of the Offering [...]
VANCOUVER, British Columbia, Nov. 06, 2017 (GLOBE NEWSWIRE) -- Ashanti Gold Corp. (“Ashanti” or the “Company”) - (TSXV:AGZ) is pleased to announce it has begun field mobilization on the Kossanto East project in Mali (the "Project") for its second season of exploration work. The Project is a 66.41 km2 concession in the prolific Kenieba Inlier, the northwestern-most exposure of Birimian rocks in West [...]
Ashanti Gold is pleased to provide an update at its Anumso project and announce exciting new target discoveries made from its recently completed and assayed soil grab samples. Ashanti’s new soil sample results, testing previously underexplored areas, have encountered multiple parallel mineralized zones which are in aggregate up to 480m in wide in certain areas of the mineralization on the Project. Ashanti is set to apply [...]
Ashanti Gold is pleased to announce it has arranged a non-brokered private placement of up to 7,000,000 units at a price of $0.30 per Unit for gross proceeds of up to $2,100,000. Each Unit will consist of one common share of the Company and one-half of one common share purchase warrant. Each whole Warrant entitles the holder to acquire one additional share of the Company for a period of two years from the date of issuance [...]
Ashanti Gold is pleased to provide an important corporate update on its gold exploration projects in West Africa. The Company has now released all the assay results from its drill campaign ended in June this year on the Kossanto East Project. The results have confirmed Ashanti’s original acquisition thesis about the Project, namely that: 1) past work had meaningfully de-risked the Project, 2) there is significant upside [...]
Ashanti Gold is pleased to announce results for the final eight drill holes from the recently completed 53 Reverse Circulation hole, 6073 metre drill program that tested mineralization on the Kossanto East Project (the “Property”) in western Mali. These results complete the Company’s reporting of drill results for their recent Kossanto East drill program.
Ashanti Gold is pleased to announce results from an additional fifteen Gourbassi West drill holes from the recently completed 53 Reverse Circulation drill hole, 6073 metre drill program that tested gold mineralization on the Kossanto East Project in western Mali. Drill highlights include: 30 metres @ 2.01 g/t Au including 2 metres of 7.94 g/t Au and 3 metres @ 4.36 g/t Au (GWRC131) 13 metres @ 1.33 g/t Au including 5 [...]
Ashanti Gold is pleased to announce that it has engaged Duke Capital for investor relations services. Duke will be responsible for developing the Company's capital market presence, increasing Ashanti's investor audience, and helping management raise financing for Ashanti's corporate growth and operations. In consideration for the services the Company will pay to Duke a monthly fee of $6,000 commencing August 1, 2017. The [...]