Desert Gold Ventures is pleased to announce it has closed its business combination with Ashanti Gold. Each shareholder of Ashanti will receive 0.2857 Desert Gold shares for each Ashanti share held. Approximately 21,097,657 Desert Gold Shares were issued to Ashanti shareholders. Ashanti continues as a wholly owned subsidiary of the Company. Ashanti [...]
Desert Gold Ventures is pleased to announce that the previously disclosed business combination between Ashanti Gold and the Company was approved at yesterday's special meeting of Ashanti Gold shareholders. On April 1, 2019 the Company announced that it had entered into a definitive agreement to acquire Ashanti Gold by way of a 3-cornered [...]
Ashanti Gold and Desert Gold Ventures are pleased to announce that they have entered into a definitive combination agreement to which Desert Gold will acquire all of the issued and outstanding common shares of Ashanti. The transaction is being carried out by way of a three-cornered amalgamation. Ashanti shareholders will vote on the Amalgamation at [...]
Ashanti Gold and Desert Gold are pleased to announce they have entered into a binding letter of intent contemplating the acquisition by Desert Gold of all of the outstanding common shares of Ashanti. The Proposed Transaction, upon completion, will allow Ashanti shareholders to benefit from a consolidation of land positions currently under property [...]
Ashanti Gold announces it will exercise an earn-in option for 51% of the Anumso Project, as per the earn-in agreement previously announced and amended. Currently, Goldplat, the vendor, is conducting a review of Ashanti’s work on the license as a formal part of the earn-in agreement, and both parties are working on a development plan to [...]
Ashanti Gold is pleased to announce Anastasia Levashova is joining the Board of Directors. Ms. Levashova is current a Portfolio Manager at Blackfriars Asset Management, a London, based fund management boutique specializing in equities investment within global emerging and frontier markets. Ms. Levashova has over 20 years’ experience in [...]
Ashanti Gold is pleased to give a corporate update. For Mali, work is progressing well on the Resource Estimation and accompanying NI 43-101 supporting resource report on its Kossanto East project. Data analysis and auditing, 3D geological modelling, and assembly of Specific Gravity and QA/QC data are all advancing and being compiled by the Ashanti [...]
Ashanti Gold announces additional new results from Gourbassi West. These most recent drill hole results were part of a recently completed 105 hole Reverse Circulation and Diamond Drill, 12,283 metre drill program that tested mineralization on the Kossanto East Project. Results presented here are from section 1485800, south of sections previously [...]
Ashanti Gold announces a conference call with management to discuss the Company’s current operations and future development plans. The call will be hosted by Tim McCutcheon and Paul Klipfel on Tuesday, Sept 18th at 11:00am Pacific Daylight Time. To ask questions at the end of the call, participants will need to log-in to the Readytalk Q&a [...]
Ashanti Gold announces positive initial metallurgical test work for Kossanto East mineralized material. These metallurgical studies were conducted on oxidized and unoxidized mineralized samples from the Gourbassi East and West target zones on the Kossanto East project. The samples represented a range of head grades. Samples were shipped to Blue [...]
Overview of the Kossanto East property showing the location of Gourbassi West and Gourbassi East mineralized zones. Yellow dashed lines outline areas of anomalous soil samples. The Faleme River marks the southern boundary of the concession. Gourbassi West with location of holes and section 1486100 reported here. Green dots show Ashanti’s 2018 [...]
Ashanti Gold announces first results for Gourbassi West from the recently completed 105 hole Reverse Circulation and Diamond Drill, 12,283 metre drill program that tested mineralization on the Kossanto East Project. Results presented here fill-in gaps in previous drilling and test new step-out areas at Gourbassi West. The results support and expand [...]
