Asante Gold Corp. today disclosed that it has formed an executive committee of the Board and engaged advisors to protect the interests of all shareholders against a group of dissident shareholders . The Executive Committee believes that the Dissidents are promoting their own interests, and that some may have obtained confidential information about Asante that is not available to all shareholders. Shareholders are [...]
Asante Gold Corp. announces the results of its annual meeting of shareholders held on December 21, 2022. At the Meeting, all matters presented for approval by management were duly authorized and approved, as follows: Fixing the number of Directors at nine ; Election of the directors as proposed in the Company's management information circular dated November 25, 2022 ; Appointment of Auditors; and Approving the Amended and [...]
Asante Gold Corp. today reported its operating and financial results for the three months ended October 31, 2022 and provides an update and status report for the initiatives the Company has undertaken at its Bibiani Gold Mine and Chirano Gold Mine in Ghana. All financial information provided in this news release is unaudited and dollar figures are Canadian dollars unless otherwise stated. Q3 HIGHLIGHTS No Lost Time [...]
Asante Gold Corp. is pleased to announce that the Company has completed the final payment to Resolute Mining Ltd. pursuant to an amendment letter agreement that was signed on August 24, 2022 . The amendment provided for a 90-day extension of time for the final tranche deferred payment of US$30 million in connection with the US$90 million acquisition of Mensin Gold Bibiani Limited, which subsidiary company owns a 90 [...]
Asante Gold Corp. is pleased to announce that the Bibiani Gold Mine ramp up remains on track and commercial production has been established with three months of consistent production since the first gold pour was completed in early July 2022. Operational highlights include: The first gold pour at Bibiani was completed July 7, 2022, two months ahead of schedule. Metallurgical performance and gold production is on track [...]
Asante Gold Corp. announces that the Company has completed the second US$10 million payment to Resolute Mining Ltd. pursuant to an amendment letter agreement that was signed on August 24, 2022 that provided for a 90 day extension of time for the final tranche deferred payment of US$30 million in connection with the US$90 million acquisition of Mensin Gold Bibiani Limited, which subsidiary company owns a 90% interest in [...]
Asante Gold Corp. is pleased to provide an update and status report for the initiatives the Company has taken at its Bibiani and Chirano Gold Mines in Ghana. The first gold pour at the Bibiani Gold Mine occurred on July 7, 2022, two months ahead of schedule. All process plant and mine facilities are operating on a 24 hour per day basis, with ~220,000 tonnes of ore treated in September. Asante plans to increase throughput [...]
Asante Gold Corp. is pleased to announce the filing of a technical report in accordance with National Instrument 43-101 - Standards of Disclosure for Mineral Projects in connection with the Company's recently acquired Chirano Gold Mine , located immediately south of the Company's Bibiani Gold Mine. The technical report entitled "NI 43-101 Technical Report, Chirano Gold Mine, Ghana, West Africa" dated September 30, 2022 [...]
Asante Gold Corp. is pleased to announce that it has received conditional approval to list its common shares for trading on the TSX Venture Exchange . Final approval of the listing is subject to the Company fulfilling certain conditions required by the TSXV. The Company's management team is actively working to satisfy such listing conditions. A timeline for the listing will be announced once the Company receives final [...]
Asante Gold Corp. is pleased to announce that further to its press release of July 18, 2022, the Company has filed the updated technical report prepared in accordance with National Instrument 43-101 - Standards of Disclosure for Mineral Projects on the Bibiani Gold Project located in the Ashanti region of Ghana, West Africa . Bibiani is operated by Mensin Gold Bibiani Limited, a 90% owned Ghana subsidiary of Asante. The [...]
Asante Gold Corp. is pleased to announce the filing of a technical report in accordance with National Instrument 43-101 - Standards of Disclosure for Mineral Projects in connection with the Preliminary Economic Assessment on Asante's Kubi Gold Project located in the Ashanti region of Ghana. The technical report entitled "NI 43-101 Technical Report, Kubi Gold Project, Ghana, West Africa" dated August 29, 2022 has been [...]
Asante Gold is pleased to announce drill results from its ongoing drilling program at the South Russel prospect located on the Bibiani Gold Mining Lease, 3.8 km southwest from the Bibiani Process Plant. The discovery hole, MGRCD21-047, was announced March 29, 2022 with follow up drilling demonstrating potential for possible development of a satellite pit. To date, Asante has confirmed over 200m strike length of [...]
