Chureh Nab

ASANTE CONFIRMS PAYMENTS FOR BIBIANI GOLD MINE AND GOLD FORWARD PURCHASE AGREEMENT

Retrieved on: 
Thursday, October 20, 2022

Asante also announces that it has completed its first quarterly tranche payment on its forward gold purchase agreement (see press release dated July 15, 2022) through the delivery of 16,249.6 ounces gold.

Key Points: 
  • Asante also announces that it has completed its first quarterly tranche payment on its forward gold purchase agreement (see press release dated July 15, 2022) through the delivery of 16,249.6 ounces gold.
  • Asante is a gold exploration, development and operating company with a high-quality portfolio of projects and mines in Ghana.
  • Asante is currently operating the Bibiani and Chirano Gold Mines with a combined forecast production of 335,000 oz of gold over the next 12 months.
  • Bibiani is a historically significant gold mine situated in the Western Region of Ghana, with previous gold production of more than 4Moz.

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 TECHNICAL REPORT FOR THE CHIRANO GOLD MINE

Retrieved on: 
Wednesday, October 12, 2022

The mine plan underpinning the Mineral Reserves has been prepared by Chirano Gold Mines Limited and reviewed by BARA Consulting.

Key Points: 
  • The mine plan underpinning the Mineral Reserves has been prepared by Chirano Gold Mines Limited and reviewed by BARA Consulting.
  • The Technical Report is intended to be read as a whole and sections should not be read or relied upon out of context.
  • The various deposits at Chirano relevant to the Technical Report have been mined by both open pit and underground operations by previous owners.
  • Asante is currently operating the Bibiani and Chirano Gold Mines with a combined forecast production of 335,000 oz of gold over the next 12 months.

ASANTE GOLD RECEIVES CONDITIONAL APPROVAL TO LIST ON THE TSX VENTURE EXCHANGE

Retrieved on: 
Tuesday, October 11, 2022

Vancouver, British Columbia, Oct. 11, 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 it has received conditional approval to list its common shares (the Common Shares) for trading on the TSX Venture Exchange (the TSXV).

Key Points: 
  • Vancouver, British Columbia, Oct. 11, 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 it has received conditional approval to list its common shares (the Common Shares) for trading on the TSX Venture Exchange (the TSXV).
  • Asante is a gold exploration, development and operating company with a high-quality portfolio of projects and mines in Ghana.
  • Asante is currently operating the Bibiani and Chirano Gold Mines with a combined forecast production of 335,000 oz of gold over the next 12 months.
  • Asante is listed on the Canadian Securities Exchange, the Ghana Stock Exchange and the Frankfurt Stock Exchange.

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

Retrieved on: 
Thursday, September 1, 2022

Bibiani is operated by Mensin Gold Bibiani Limited, a 90% owned Ghana subsidiary of Asante.

Key Points: 
  • Bibiani is operated by Mensin Gold Bibiani Limited, a 90% owned Ghana subsidiary of Asante.
  • The 2022 Technical Report entitled NI 43-101 Technical Report, Bibiani Gold Project, Ghana, West Africa dated August 31, 2022 (with an effective date of February 28, 2022) has been prepared for Asante by dMb Management Services, Bara Consulting Pty Ltd and Snowden Optiro (South Africa).
  • Asante is a gold exploration, development and operating company with a high-quality portfolio of projects and mines in Ghana.
  • Asante is currently operating the Bibiani and Chirano Gold Mines with a combined forecast production of 335,000 oz of gold over the next 12 months.

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.