Kubi

ASANTE GOLD ANNOUNCES FILING OF NI 43-101 TECHNICAL REPORT FOR THE KUBI GOLD PROJECT

Retrieved on: 
Wednesday, August 31, 2022
Person, IIROC, Mining, Qualified person (European Union), Bibiani Gold Stars F.C., Outline, Kinross Gold, Technical Report Archive & Image Library, Technical report, NI 43-101, Time, Technical, Ghana Stock Exchange, Letter, Forward-looking statement, Gold, Lom, Resource management, QA/QC, Frankfurt Stock Exchange, LEI, Cross-industry standard process for data mining, Canadian Securities Exchange, Classification, Kubi, Chirano Gold Mine, Intention, Company, News, NI, SEMS, SEDAR, Bibiani, Acquisition, Nature, Uranium, Cryptocurrency, Akwaaba African Travel Market, Chureh Nab, Asante

The Technical Report reports an update of the previous SEMS 2014 Technical Report but now includes a proposal for early underground development for exploration purposes.

Key Points: 
  • The Technical Report reports an update of the previous SEMS 2014 Technical Report but now includes a proposal for early underground development for exploration purposes.
  • The Technical Report demonstrates the potential viability of underground mining of the Kubi Main mineral deposit.
  • Asante is currently operating the Bibiani Gold Mine with forecast production of 175,000 oz of gold over the next 12 months.
  • Asante will file a technical report on its SEDAR profile ( www.sedar.com ) within 45 days of July 18, 2022.

Metso Outotec Metallurgical Results Received

Retrieved on: 
Thursday, October 14, 2021
Metal, Composite, IIROC, Asante, CSE, Kubi, Gold, Metso Outotec, LEI, News, NI, GLOBE, NEWS, Company, Geology, CEO, Mining

VANCOUVER, British Columbia, Oct. 14, 2021 (GLOBE NEWSWIRE) -- Asante Gold Corporation (CSE:ASE/ FRANKFURT:1A9/U.S.OTC:ASGOF) (“Asante” or the "Company”) is pleased to announce that Metso Outotec has reported results of the metallurgical test work program undertaken on three composite drill core samples of Kubi Main gold mineralization.

Key Points: 
  • THIS NEWS RELEASE IS NOT FOR DISTRIBUTION IN THE UNITED STATES OR TO U.S. NEWS AGENCIES
    VANCOUVER, British Columbia, Oct. 14, 2021 (GLOBE NEWSWIRE) -- Asante Gold Corporation (CSE:ASE/ FRANKFURT:1A9/U.S.OTC:ASGOF) (Asante or the "Company) is pleased to announce that Metso Outotec has reported results of the metallurgical test work program undertaken on three composite drill core samples of Kubi Main gold mineralization.
  • Metso Outotec concluded that sufficient data was generated from the test to support a conceptual level operating and capital cost study based on the Kubi drill core samples provided.
  • Metso Outotec is a frontrunner in sustainable technologies, end-to-end solutions and services for the minerals processing, metals refining and aggregates industries globally.
  • The test work was performed by SGS South Africa in Randfontein, South Africa, under the direction of Metso Outotec.

Metso Outotec to Commence Development Review - Kubi Gold Project Ghana

Retrieved on: 
Wednesday, June 2, 2021
Companies, Metso Outotec, Industry economics), Metso, Secondary sector of the economy, Outotec, Kubi

Metso Outotec is a frontrunner in sustainable technologies, end-to-end solutions and services for the minerals processing, metals refining and aggregates industries globally.

Key Points: 
  • Metso Outotec is a frontrunner in sustainable technologies, end-to-end solutions and services for the minerals processing, metals refining and aggregates industries globally.
  • Headquartered in Helsinki, Finland, Metso Outotec employs over 15,000 people in more than 50 countries.
  • Metso Outotec will witness the sample preparation at our Kubi core logging facility, and initiate and supervise the test work at SGS Randfontein (South Africa).
  • Asante has announced plans to co-list its shares on the Ghana Stock Exchange, and is sourcing funding to develop its Kubi Gold Mine project to production.

Asante Gold to Commence Geotech Drilling on Kubi Main Zone

Retrieved on: 
Thursday, February 18, 2021
Branches of biology, Natural sciences, Biology, Kubi, Mineralization, Biomineralization, Excavator, Drilling

These holes are planned to intersect the Kubi Main mineralized zone at depths from 30m to 120m below surface, and give long intersections of mineralization for testing purposes.

Key Points: 
  • These holes are planned to intersect the Kubi Main mineralized zone at depths from 30m to 120m below surface, and give long intersections of mineralization for testing purposes.
  • Previous drilling on this section has shown the mineralization to be near vertical and extend from surface to -400m.
  • This information will be used to fine tune our 3D modelling of the Kubi Main gold deposit and assist in the search for additional gold mineralization at depth and elsewhere on the mining lease.
  • The Company also announces the results of the recently completed Kubi 513 Zone excavator trenching/auger drilling program, located 1.2km south west of the Kubi Main gold deposit.

Asante Gold to Seek Co-Listing and US$3Million Capital Raise on Ghana Stock Exchange

Retrieved on: 
Tuesday, February 9, 2021
Kubi, GHANA, Exploration geology, Mining, Asante, Prospecting, Geography of Africa, Africa, Continents

In connection with this listing, and on the basis of the strong interest so far received, the Company will seek to raise up to US$3million on terms to be determined in the context of the market at that time.

Key Points: 
  • In connection with this listing, and on the basis of the strong interest so far received, the Company will seek to raise up to US$3million on terms to be determined in the context of the market at that time.
  • Funds raised will be applied to working capital, and in particular to advance operations at our Kubi Gold Mine project and for aggressive exploration at Kubi and our other prospecting licenses and options in Ghana.
  • Douglas MacQuarrie, CEO states, Fostering a domestic stock exchange to fund local mining exploration and development is part of a much bigger transformation now occurring in Ghana and throughout Africa.
  • Asante chooses to be on the leading edge of this transformation.

Asante Gold Exploration Update – Options Announced

Retrieved on: 
Monday, December 21, 2020
Kubi, Asante

A major Canadian geophysical contractor is being mobilized to commence 3D, IP, drone Mag and EM on our Betenase and Keyhole projects.

Key Points: 
  • A major Canadian geophysical contractor is being mobilized to commence 3D, IP, drone Mag and EM on our Betenase and Keyhole projects.
  • These essentially unexplored areas are on major regional auriferous structures covered by extensive alluvial gold workings and present a major opportunity for the Company.
  • Asante is also exploring the early application at Kubi of a proven surface to -150m narrow mining process with a major European manufacturer/contractor.
  • Asante is continuing to develop its Kubi Gold project to production, and is exploring the Keyhole, Fahiakoba and Betenase concessions/options for new discoveries, all adjoining or along strike of major gold mines near the centre of Ghanas Golden Triangle.

Asante Gold Board Changes Announced

Retrieved on: 
Monday, November 2, 2020
Asante, Kubi, Names

THIS NEWS RELEASE IS NOT FOR DISTRIBUTION IN THE UNITED STATES OR TO U.S. NEWS AGENCIES

Key Points: 
  • THIS NEWS RELEASE IS NOT FOR DISTRIBUTION IN THE UNITED STATES OR TO U.S. NEWS AGENCIES
    VANCOUVER, British Columbia, Nov. 02, 2020 (GLOBE NEWSWIRE) -- Asante Gold Corporation (CSE:ASE/FRANKFURT:1A9/U.S.OTC:ASGOF) (Asante or the "Company") announces that Nadia Abdul Aziz has been appointed a Director of the Company, effective immediately.
  • The Board thanks Dr. Haroun for his service to the Company and shareholders and wish him success in his future endeavours.
  • The Board members are fully invested in the future of the company and currently own or exercise control over 42.06% of the shares on a fully diluted basis.
  • Asante is continuing to source funding to expand and develop its Kubi Gold project to production, and is exploring the Keyhole, Fahiakoba and Betenase concessions/options for new discoveries, all adjoining or along strike of major gold mines near the centre of Ghanas Golden Triangle.

Asante Gold Private Placement Closed

Retrieved on: 
Monday, October 26, 2020
Asante, Kubi

THIS NEWS RELEASE IS NOT FOR DISTRIBUTION IN THE UNITED STATES OR TO U.S. NEWS AGENCIES

Key Points: 
  • THIS NEWS RELEASE IS NOT FOR DISTRIBUTION IN THE UNITED STATES OR TO U.S. NEWS AGENCIES
    VANCOUVER, British Columbia, Oct. 26, 2020 (GLOBE NEWSWIRE) -- Asante Gold Corporation (CSE:ASE/ FRANKFURT:1A9/U.S.OTC:ASGOF) (Asante or the "Company") announces that it has closed the working capital private placement announced October 19, 2020, for aggregate gross proceeds of $1,350,000.
  • Mrs. Aziz states: "Asante and its associated companies have interests in many high potential gold exploration and near-term development opportunities, with experienced management and advisors that have a history of major exploration success.
  • Proceeds from the placement will be used for further exploration on the Companys gold exploration and development projects in Ghana, to complete a work program to evaluate the surface oxide gold potential of the 513 zone at Kubi and for general corporate working capital purposes.
  • Asante is continuing to source funding to expand and develop its Kubi Gold project to production, and is exploring the Keyhole, Fahiakoba and Betenase concessions/options for new discoveries, all adjoining or along strike of major gold mines near the centre of Ghanas Golden Triangle.

Asante Gold Private Placement Closed

Retrieved on: 
Monday, September 21, 2020
Asante, Kubi

THIS NEWS RELEASE IS NOT FOR DISTRIBUTION IN THE UNITED STATES OR TO U.S. NEWS AGENCIES

Key Points: 
  • THIS NEWS RELEASE IS NOT FOR DISTRIBUTION IN THE UNITED STATES OR TO U.S. NEWS AGENCIES
    VANCOUVER, British Columbia, Sept. 21, 2020 (GLOBE NEWSWIRE) -- Asante Gold Corporation (CSE:ASE/ FRANKFURT:1A9/U.S.OTC:ASGOF) (Asante or the "Company") announces that it has accepted oversubscriptions and closed the working capital private placement announced September 4, 2020, for aggregate gross proceeds of $301,750.
  • A Director of the Company participated in the private placement for 250,000 units.
  • Proceeds from the placement will be used to complete a work program to evaluate the surface oxide gold potential of the 513 zone at Kubi and for general working capital purposes.
  • Asante is continuing to source funding to expand and develop its Kubi Gold project to production, and is exploring the Keyhole, Fahiakoba and Betenase concessions/options for new discoveries, all adjoining or along strike of major gold mines near the centre of Ghanas Golden Triangle.

Asante Gold Private Placement Announced

Retrieved on: 
Friday, September 4, 2020
Stock market, Kubi, Prospectus, Private placement, Security

The Company is relying on exemptions from the prospectus requirements and applicable securities laws to issue the shares.

Key Points: 
  • The Company is relying on exemptions from the prospectus requirements and applicable securities laws to issue the shares.
  • Directors and officers of the Company may participate in the private placement.
  • Proceeds from the placement will be used to complete a work program to evaluate the surface oxide gold potential of the 513 zone at Kubi and for general working capital purposes.
  • Asante is continuing to source funding to expand and develop its Kubi Gold project to production, and is exploring the Keyhole, Fahiakoba and Betenase concessions/options for new discoveries, all adjoining or along strike of major gold mines near the centre of Ghanas Golden Triangle.