Chirano Gold Mine

Guskin Gold Provides Updates on Work Programs and Exploration Activities Underway on the Kukuom Gold Property in the Sefwi-Bibiani Gold Belt, Ghana, Africa

Retrieved on: 
Monday, February 13, 2023

In 2023, Guskin’s exploration will focus on early-stage target definition programs at “Open Pit” (Esikaso) Prospect, the lithological contact zones, and the remarkably high magnetic anomalies.

Key Points: 
  • In 2023, Guskin’s exploration will focus on early-stage target definition programs at “Open Pit” (Esikaso) Prospect, the lithological contact zones, and the remarkably high magnetic anomalies.
  • Francis Lovebridge Agezo, Guskin Gold’s Director of Exploration participated in the exploration, discovery, and development of Cluff’s Ayanfuri Gold Mine and Red Back’s Chirano Gold Mine in Ghana.
  • This news release was written for the purpose of reporting on the operations pertaining to the Company’s Kukuom Gold Project.
  • The full report, while unpublished in this press release, must always be considered in its entirety.

ASANTE PROVIDES OPERATIONS UPDATE

Retrieved on: 
Wednesday, October 12, 2022

Asante plans to increase throughput to 250,000 tonnes ore per month by Q1 2023.

Key Points: 
  • Asante plans to increase throughput to 250,000 tonnes ore per month by Q1 2023.
  • (Alberta and Ontario) Mining and Metallurgy, President and CEO of Asante, who is a "qualified person" under NI 43-101.
  • Asante is a gold exploration, development and operating company with a high-quality portfolio of projects and mines in Ghana.
  • Asante has an experienced and skilled team of mine finders, builders and operators, with extensive experience in Ghana.

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

Retrieved on: 
Wednesday, August 31, 2022

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.

Asante Gold Announces Additional Significant Gold Intercepts From the South Russel Prospect - Bibiani Gold Mine, Ghana

Retrieved on: 
Wednesday, August 17, 2022

Surface drilling was conducted by Toomahit Drill Limited and was supervised by the Asante / Mensin Gold Bibiani exploration team.

Key Points: 
  • Surface drilling was conducted by Toomahit Drill Limited and was supervised by the Asante / Mensin Gold Bibiani exploration team.
  • Asante is a gold exploration, development and operating company with a high-quality portfolio of projects in Ghana.
  • Bibiani is a historically significant gold mine situated in the Western Region of Ghana, with previous gold production of more than 4Moz.
  • Chirano is an operating open-pit and underground mining operation located in southwestern Ghana, immediately south of the Companys Bibiani Gold Mine.

ASANTE GOLD ANNOUNCES NEW EXECUTIVE APPOINTMENTS

Retrieved on: 
Monday, August 15, 2022

Dave Anthony, President and CEO of Asante, stated, "We are very pleased to welcome Juliet and Adriano to the Asante team.

Key Points: 
  • Dave Anthony, President and CEO of Asante, stated, "We are very pleased to welcome Juliet and Adriano to the Asante team.
  • Coming right on the heels of our acquisition of the Chirano Gold Mine, these new appointments position Asante to unlock value through synergies from Bibiani and Chirano mines.
  • Asante is a gold exploration, development and operating company with a high-quality portfolio of projects in Ghana.
  • Asante is currently operating the Bibiani Gold Mine with forecast production of 175,000 oz of gold over the next 12 months, has completed the acquisition of the Chirano Gold Mine, an operating open-pit and underground mining operation located immediately south of the Bibiani Gold Mine, and is developing to production its Kubi Gold Mine, all located on the prolific Bibiani and Ashanti Gold Belts.

ASANTE ANNOUNCES CLOSING OF ACQUISITION OF THE CHIRANO GOLD MINE IN GHANA

Retrieved on: 
Wednesday, August 10, 2022

In connection with the closing of the Chirano Acquisition (Closing), the Purchase Agreement was amended to, among other things, reduce the cash consideration payable by Asante on Closing.

Key Points: 
  • In connection with the closing of the Chirano Acquisition (Closing), the Purchase Agreement was amended to, among other things, reduce the cash consideration payable by Asante on Closing.
  • Canaccord Genuity Corp. and Durose Asset Management Inc. acted as financial advisors to Asante, and Bennett Jones LLP acted as legal advisor to Asante, in connection with the Chirano Acquisition.
  • Chirano is an operating open-pit and underground mining operation located in southwestern Ghana, immediately south of the Companys Bibiani Gold Mine.
  • Asante is a gold exploration, development and operating company with a high-quality portfolio of projects in Ghana.

ASANTE ANNOUNCES UPDATED NI-43-101 TECHNICAL REPORT FOR THE BIBIANI GOLD MINE

Retrieved on: 
Monday, July 18, 2022

The mine plan underpinning the Mineral Reserves has been prepared by Mensin Gold Bibiani and reviewed by BARA Consulting.

Key Points: 
  • The mine plan underpinning the Mineral Reserves has been prepared by Mensin Gold Bibiani and reviewed by BARA Consulting.
  • The 2022 Technical Report is intended to be read as a whole and sections should not be read or relied upon out of context.
  • Asante is currently operating the Bibiani Gold Mine with forecast production of 175,000 oz of gold over the next 12 months, is completing the acquisition of the Chirano Gold Mine from Kinross Gold Corporation (the Chirano Acquisition), and is developing to production its Kubi Gold mine, all located on the prolific Bibiani and Ashanti Gold Belts.
  • Bibiani is a historically significant gold mine situated in the Western Region of Ghana, with previous gold production of more than 4Moz.

Asante Announces US$140M Forward Gold Purchase Agreement

Retrieved on: 
Friday, July 15, 2022

Through this facility Asante obtains an immediate and non-dilutive financing, repayable from gold production.

Key Points: 
  • Through this facility Asante obtains an immediate and non-dilutive financing, repayable from gold production.
  • Asante is a gold exploration, development and operating company with a high-quality portfolio of projects in Ghana.
  • Asante is currently operating the Bibiani Gold Mine with forecast production of 175,000 oz of gold over the next 12 months, is completing the acquisition of the Chirano Gold Mine from Kinross Gold Corporation (the Chirano Acquisition), and is developing to production its Kubi Gold mine, all located on the prolific Bibiani and Ashanti Gold Belts.
  • Bibiani is a historically significant gold mine situated in the western region of Ghana, with previous gold production close to 5 Moz.

Asante Announces First Gold Pour at Bibiani Gold Mine

Retrieved on: 
Thursday, July 7, 2022

VANCOUVER, British Columbia, July 07, 2022 (GLOBE NEWSWIRE) -- Asante Gold Corporation (CSE:ASE | GSE:ASG | FRANKFURT:1A9 | U.S.OTC:ASGOF) (Asante or the Company) is pleased to announce that the first gold pour at the Bibiani Gold Mine has been completed successfully with process of gravity gold concentrate recovered by the Knelson Concentrator.

Key Points: 
  • VANCOUVER, British Columbia, July 07, 2022 (GLOBE NEWSWIRE) -- Asante Gold Corporation (CSE:ASE | GSE:ASG | FRANKFURT:1A9 | U.S.OTC:ASGOF) (Asante or the Company) is pleased to announce that the first gold pour at the Bibiani Gold Mine has been completed successfully with process of gravity gold concentrate recovered by the Knelson Concentrator.
  • In September 2021, Asante announced start of the refurbishment process and the Companys plan to pour gold in Q3 2022.
  • Asante is currently focused on closing the acquisition of the Chirano Gold Mine from Kinross Gold Corporation and developing to production its Bibiani and Kubi Gold mines located on the prolific Bibiani and Ashanti Gold Belts.
  • The Bibiani Gold Mine is a historically significant Ghanaian gold mine situated in the Western North region of Ghana.

Asante Gold to Commence Trading on the Ghana Stock Exchange

Retrieved on: 
Wednesday, June 29, 2022

VANCOUVER, British Columbia, June 29, 2022 (GLOBE NEWSWIRE) -- Asante Gold Corporation (CSE:ASE | GSE:ASG | FRANKFURT:1A9 | U.S.OTC:ASGOF) (Asante or the Company) is pleased to announce that further to its application for a secondary listing by introduction on the Main Market of the Ghana Stock Exchange (the GSE), the Company has received final approval from the Ghana Securities and Exchange Commission and the Ghana Stock Exchange to commence trading.

Key Points: 
  • VANCOUVER, British Columbia, June 29, 2022 (GLOBE NEWSWIRE) -- Asante Gold Corporation (CSE:ASE | GSE:ASG | FRANKFURT:1A9 | U.S.OTC:ASGOF) (Asante or the Company) is pleased to announce that further to its application for a secondary listing by introduction on the Main Market of the Ghana Stock Exchange (the GSE), the Company has received final approval from the Ghana Securities and Exchange Commission and the Ghana Stock Exchange to commence trading.
  • A copy of the *Prospectus SECONDARY LISTING BY INTRODUCTION ON THE GHANA STOCK EXCHANGE OF EXISTING 315,007,462 COMMON SHARES OF ASANTE GOLD CORPORATION is available on the Companys website indicated below.
  • Black Star Advisors Limited and Black Star Brokerage Limited acted as Arranger and Sponsoring Broker respectively to Asante in respect of the Listing on the Ghana Stock Exchange.
  • Asante is listed on the Canadian Securities Exchange, the Ghana Stock Exchange and quoted on the Frankfurt Stock Exchange.