Asante Gold Corp. is pleased to announce significant gold intercepts from its ongoing near mine exploration drill program at its Bibiani Gold Mine in Ghana. Asante initiated the exploration program in late September 2021. This program includes extensive induced polarization and ground magnetic surveys across the entire lease, RC and diamond [...]
Asante Gold Corp. is pleased to announce that all activities planned to bring its' Bibiani Mine into production in Q3 2022 are on track. Asante is preparing a plan to deliver a mine that can produce approximately 190,000 ounces of gold at Bibiani in its first 12 months of operation and circa 240,000 ounces every year thereafter for a minimum of 6 [...]
Asante Gold Corp. 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. Results were extremely positive: Gold is easily accessible from the respective composite drill core samples via conventional cyanidation with [...]
Asante Gold Corp. is pleased to announce that it has entered into a binding term sheet with respect to a US$5.0 million strategic investment into West African gold explorer - RosCan Gold Corp. . Asante has agreed to subscribe for and purchase 22.1 million common shares at a price of C$0.29 per Roscan common share for a total investment of [...]
Asante Gold Corp. announces that following a period of detailed review, Harlequin International has been mobilized to initiate the refurbishment of our 3Mtpa Bibiani Mine Processing Plant. Harlequin is a locally owned company based in Takoradi, Ghana. Since 1998 Harlequin has become a byword for quality in heavy industry within Ghana and [...]
Asante Gold Corp. , is pleased to announce the successful completion of the purchase of the Bibiani Gold Mine in Ghana from Resolute Mining Ltd. for total cash consideration of US$90 million . Resolute has received the initial US$30 million cash payment from Asante with the balance of consideration payable in two equal instalments of US$30 million [...]
Asante Gold Corp. , has issued 74,650,000 subscription receipts priced at $1 per subscription receipt to raise gross proceeds of $74,650,000. A further 1,593,000 subscription receipts were issued with respect to finder's fees. On closing of the previously reported Bibiani Mine transaction, now expected to occur on August 19, 2021, the 74,650,000 [...]
Asante Gold Corp. announces that the Company has granted 6.9 million incentive stock options at $0.75 per share for a term of 5 years to directors, consultants and employees. "Douglas R. MacQuarrie" President and CEO About Asante Gold Corporation Asante is a pure gold exploration and development company with a high-quality portfolio of projects in [...]
Asante Gold Corp. announces that it has recruited an industry proven operations leadership team that is tasked with expanding the resources and fast tracking the development of the Bibiani Gold Mine to production within the next year. New Management Team Dave Anthony: Chief Operating Officer A resident of Canada, Mr. Anthony holds a BSc Mining [...]
Asante Gold Corp. , to clarify our Press Release dated August 4, 2021, announces that it has accepted Subscription Receipts from accredited investors for C$80,000,000 at a price of C$0.70, which on completion will convert to 118,857,143 Asante common shares. A finder's fee of 4% of the total subscription receipts is payable in shares. No new [...]
Asante Gold Corp. announces that the Company has entered into an agreement with Resolute Mining Ltd. to purchase 100% of their Bibiani Gold Mine in Ghana. Highlights Asante has agreed to buy all of Resolute's interest in Bibiani, through the purchase of 100% of the shares in Mensin Bibiani Pty Ltd., by paying to Resolute total cash consideration of [...]
Asante Gold Corp. announces that the Government of Ghana has granted the Company a Forest Access permit which covers all forest areas within our Kubi mining lease. A resource infill drilling and deep resource expansion exploration program has commenced. The objective of the drill program, of up to 7,000m of RC and diamond drilling, is to fill in [...]
