VANCOUVER, BRITISH COLUMBIA--(Marketwired - Aug 20, 2014) - Asanko Gold Inc. ("Asanko" or the "Company") (TSX:AKG)(NYSE MKT:AKG) is pleased to announce that the main construction work has commenced on Phase 1 of the Asanko Gold Mine ("AGM" or the "Project") in Ghana. Phase 1 is expected to produce 200,000 ounces of gold per annum at steady state starting in Q2 2016. Earlier this year, the Company undertook preparatory [...]
Highlights: - Positive metallurgical test work results from the newly discovered, near surface Dynamite Hill deposit. - Strong leach kinetics and overall gold recovery averaging 95%. - Confirms Dynamite Hill deposit will blend well with the other Asanko Gold Mine ores. VANCOUVER, BRITISH COLUMBIA--(Marketwired - Jul 29, 2014) - Asanko Gold Inc. ("Asanko" or the "Company") (TSX:AKG)(NYSE MKT:AKG) is pleased to announce [...]
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Jul 17, 2014) - Highlights: Board approval to proceed with construction of fully permitted Phase 1 Asanko Gold Mine. Capital Control Budget Estimate ("CBE") of US$295 million, in-line with Definitive Feasibility Study1 ("DFS"), and fully financed with US$231 million2 cash and US$150 million3 project debt facility. Preliminary mine planning, based on the updated Mineral [...]
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Jul 14, 2014) - Asanko Gold Inc. ("Asanko" or the "Company") (TSX:AKG)(NYSE MKT:AKG) is pleased to announce the execution of amended definitive agreements for a US$150 million secured project debt facility with a special purpose vehicle of RK Mine Finance Trust I ("Red Kite"). The terms of the amended definitive agreements, originally announced on April 15, 2014, are [...]
Highlights: - Completion of 6,700m infill drilling program at Dynamite Hill, a near surface mineralized trend located approximately 7 km from planned Phase 1 milling facility at the Asanko Gold Mine. - Positive results continue to be observed and confirm continuity of gold mineralisation, including; 21m @ 2.14g/t, 50m @ 1.23g/t, 25m @ 3.37g/t, 30m @ 2.53g/t, and 46m @ 3.02g/t. - Resource modelling, definitive mine [...]
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Jun 19, 2014) - Asanko Gold Inc. ("Asanko" or the "Company") (TSX:AKG)(NYSE MKT:AKG) announces the voting results from its 2014 Annual General Meeting held today in Vancouver, British Columbia. The shareholders approved setting the number of directors at seven. Shares voted in person and proxies received represented 112,176,708 votes for and 567,818 votes against. The [...]
Highlights: - Early works program at the Asanko Gold Mine and detailed engineering advancing on schedule with a full investment decision planned for July - Mineral Resource Estimate revision for Nkran and Adubiaso deposits complete with no material change and detailed mine planning underway - Definitive Project Plan to be published as an NI 43-101 compliant technical report by Q4 2014 - Environmental permit conditions [...]
Highlights: - Positive drilling results from Dynamite Hill, a near surface mineralized trend located near planned Phase 1 milling facility at the Asanko Gold Mine. - Results from second half of 2013 drilling program continue to demonstrate continuity of gold mineralisation including; 29.5m @ 1.71g/t, 56m @ 2.00g/t, 28m @2.92g/t and 17m @ 3.07g/t. - An 11,000m drilling program has commenced to infill the known mineralized [...]
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Apr 15, 2014) - Asanko Gold Inc. ("Asanko" or the "Company") (TSX:AKG)(NYSE MKT:AKG) is pleased to announce that it has agreed terms to amend its existing project debt facility with a special purpose vehicle of RK Mine Finance Trust I ("Red Kite") to reflect the Company's plans to develop Phase 1 of the Asanko Gold Mine ("AGM"). Definitive agreements are expected to be executed [...]
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Apr 8, 2014) - Asanko Gold Inc. ("Asanko") (TSX:AKG)(NYSE MKT:AKG) is pleased to announce that it has commenced early works construction activities to advance Phase 1 of its flagship project, the Asanko Gold Mine ("AGM" or the "Project") in Ghana, West Africa. This follows Board approval of an early works budget of approximately US$16 million. A full investment decision by the [...]
Highlights: - DRA and Knight Piesold appointed as EPCM contractor and Tailings Storage Facility design contractor, respectively - Phase 1 of the AGM targeting 220,000 ounces of gold production per year for the first five years - 3Mtpa CIL plant and mine site fully permitted, with capital cost estimate of US$298m(1) - Phase 1 fully financed with US$255m(2) in cash on hand and debt facility of US$150m(3) - Updates to Nkran [...]
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Apr 1, 2014) - Asanko Gold Inc. ("Asanko" or the "Company") (TSX:AKG)(NYSE MKT:AKG) is pleased to announce it has received the Environmental Invoice (the "Invoice") and Water Use Permits for the Esaase deposit, part of the Asanko Gold Mine ("AGM") Project, from the relevant Ghanaian Regulatory Authorities. The Invoice, issued by the Environmental Protection Agency ("EPA [...]