Asante Gold Corp.

Asante Gold Corp. sadly announces the passing of our long-time director and friend, Florian Riedl-Riedenstein, who passed away suddenly on July 7th in Vienna. He will be greatly missed. The Company extends its heartfelt condolences to Florian’s family. The Board of Directors have appointed Carsten Korch as a non-executive Director of the Company. Mr. Korch has also agreed to serve as an independent Director on the [...]

Asante Gold Corp. announces that the Company is planning to commence a trenching program over the 513 Zone showings, located 1.2km to the south west of the Kubi Main Gold resource1 on our Kubi Mining Lease, Ghana. This target is on the eastern margin of the main Ashanti shear zone – a major gold mineralizing structure in Ghana that hosts numerous large mines including the nearby 66Moz AngloGold Ashanti Obuasi mine. The [...]

Asante Gold Corp. has received the results of 3D magnetic modeling completed over our Kubi mining lease, Ashanti Gold Belt, Ghana. The results show that the Kubi Main Zone gold resource is intimately associated with, and interfingers, the western sheared contact of a magnetic high feature that plunges to more than 2km in depth. Link to 3D model video: http://www.asantegold.com/assets/Video/KubiMag3DSEMS.mp4 In Ghana [...]

Asante Gold Corp. announces that it has granted 200,000 incentive stock options to a consultant at a price of $0.10 per share, for a term of two years. EXPLORATION UPDATE Kubi East Trenching Program: During the months of January thru March a program to test previously located Induced Polarization anomalies, consisting of six excavator trenches and hand dug extensions, totaling 216m in length and to depths of 6m, were [...]

Asante Gold Corp. announces that it has closed the working capital private placement announced January 13, 2020, for aggregate gross proceeds of $124,500. A total of 2,490,000 units at $0.05 per unit were placed. Each unit consists of one common share of the Company, and one common share purchase warrant. Each warrant entitles the holder to purchase one additional common share at an exercise price of $0.06 until March 12 [...]

Asante Gold Corp. announces that the Company will be hosting a webinar on Thursday February 27th at 11:00 AM EST to discuss why the ‘Game is now On’ with gold firmly in a bull market and breaking out above US$1600; Asante’s plans for the immediate future including potential funding/joint venture options to fund the development of our Kubi Gold project; new developments re potential large bore direct [...]

Asante Gold Corp. announces a best efforts private placement to accredited and exempt investors , of up to 3,000,000 units at $0.05 per unit , for aggregate gross proceeds of up to $150,000. Proceeds from the private placement will be used to complete a trenching program on newly outlined IP targets on our Kubi Gold project and for general working capital purposes. Douglas MacQuarrie, President and CEO states, “At [...]

Asante Gold Corp. is pleased to announce that anomalous high induced polarization survey results have been noted vertically above a previous drill intersection that graded 3.0m of 4.5g/t gold. This new IP anomaly is located just 150m to the east of the Kubi Main gold resource* and has a significant strike and inferred dip potential. The intersection, in drill hole KV97-143 from the 1997 Nevsun Resources Ltd. Kubi Main [...]

Asante Gold Corp. announces that a new high induced polarization target has been discovered 350 to 500 metres to the east of our Kubi Main gold deposit, Obuasi-Dunkwa area, Ghana. The IP and co-incident high resistivity anomaly is interpreted as sulfide mineralization along the sheared contact of highly magnetic Tarkwaiian meta conglomerates, and strikes azimuth 020 degrees, a structural setting similar to that noted at [...]

Asante Gold Corp. announces that, in preparation for locating our initial SMD* pilot hole collars, field crews have now exposed the Kubi Main gold mineralization in the north face of the former mined Kubi pit, located on the Kubi Mining Lease, Dunkwa-Obuasi area, Ghana. Previous mine survey control pillars and exploration drill collars are also being located and recovered where possible and tied into the LIDAR topographic [...]