Asante Gold Corp. is pleased to provide an update on its operations and corporate activities. Operations Update - Bibiani Mine The Bibiani process and mine facilities are operating on a 24 hour per day basis with throughput of approximately 3.0M tonnes per year. Completion of critical plant upgrades and other capital initiatives, as outlined below, are expected to enable material increases in throughput, gold recovery and [...]
Asante Gold Corp. is pleased to announce a Maiden Mineral Resource Estimate for the recently discovered South Russel prospect . Asante plans to develop a starter pit at South Russel which is within the mine lease of its Bibiani Gold Mine. South Russel is located on the Bibiani Shear Zone, 5.0 km north of the Aboduabo prospect and 3.8 km south of the Bibiani process plant. Highlights Latest mineral resource definition [...]
Asante Gold Corp. is pleased to announce the formal appointment of David Wiens as Chief Financial Officer. We also want to thank and recognize Mr. Dindiok Chialin, who has served as Interim Chief Financial Officer since early June 2023. Dindiok is the Asante Gold Deputy Chief Financial Officer. Mr. Wiens is a seasoned mining executive with a +20-year track record of delivering results in progressive corporate and [...]
Asante Gold Corp. today announced the resignation of Chief Financial Officer Jon Grygorcewicz, who has left the Company for personal reasons. The Company has selected a candidate to succeed Mr. Grygorcewicz as Chief Financial Officer following a confidential recruitment process and expects to announce the appointment in due course. Until then, Dindiok Chialin, Deputy Chief Financial Officer of Asante, will serve as [...]
Asante Gold Corp. announces the filing of its audited financials, management's discussion and analysis and annual information form for the year ended January 31, 2023 . All financial information provided in this news release is audited and dollar figures are Canadian dollars unless otherwise stated. FY 2023 HIGHLIGHTS No Lost Time Injuries recorded. Gold production and sales of 120,713 ounces. Revenue of $274.7 million [...]
Asante Gold Corp. today provided its second bi-weekly status update in connection with a management cease trade order granted by the British Columbia Securities Commission. Asante confirms there have been no material changes to the information provided in its May 3, 2023 news release. Pursuant to the MCTO, the Company has until June 30, 2023 to file its annual financial statements, and related CEO and CFO certifications [...]
Asante Gold Corp. provides the following update regarding the previously disclosed, unsolicited, non-binding expression of interest from Fujairah Holding LLC to acquire all of the Company's issued and outstanding common shares not held by Fujairah . Fujairah requested a 30 day extension to its exclusivity agreement with Asante, which has been in effect from May 8. Fujairah has advised that its technical due diligence [...]
Asante Gold Corp. provides the following update on the previously disclosed, unsolicited, non-binding expression of interest from Fujairah Holding LLC to acquire all of the Company's issued and outstanding common shares not held by Fujairah . On May 8, 2023, Asante announced that it had granted Fujairah exclusivity until May 15, 2023 in connection with the Non-Binding Expression of Interest. Asante has agreed to extend [...]
Asante Gold Corp. today provided its first bi-weekly status update in connection with a management cease trade order granted by the British Columbia Securities Commission. Asante confirms there have been no material changes to the information provided in its May 3, 2023 news release. Pursuant to the MCTO, the Company has until June 30, 2023 to file its annual financial statements, and related CEO and CFO certifications [...]
Asante Gold Corp. is pleased to announce the filing of an amended technical report entitled "Amended NI 43-101 Technical Report, Chirano Gold Mine, Ghana, West Africa" in accordance with National Instrument 43-101 - Standards of Disclosure for Mineral Projects in connection with the Company's Chirano Gold Project , located immediately south of the Company's Bibiani Gold Mine. The original version of the Technical Report [...]
Asante Gold Corp. announces that it has entered into a confidentiality agreement with Fujairah Holding LLC in connection with the previously-disclosed, unsolicited, non-binding and conditional expression of interest to acquire all of the Company's issued and outstanding common shares not held by Fujairah. The Company has granted Fujairah an exclusivity period that expires on May 15, 2023. Fujairah has indicated to the [...]
Asante Gold Corp. announces that it has applied for, and received, a management cease trade order from the British Columbia Securities Commission pursuant to which the Company will have until June 30, 2023 to file its annual financial statements, and related CEO and CFO certifications, for the years ended January 31, 2023 and January 31, 2022 and its annual information form for the year ended January 31, 2023 . The [...]