VANCOUVER, British Columbia, July 20, 2018 -- Ashanti Gold Corp. - is announces additional results from the recently completed 105 hole Reverse Circulation and Diamond Drill , 12,283 metre drill program that tested mineralization on the Kossanto East Project in western Mali . Results presented here and previously demonstrate strong positive results from drill holes at Gourbassi East. Results reported here broaden the [...]
VANCOUVER, British Columbia, July 13, 2018 -- Ashanti Gold Corp. - announces the discovery of a new gold-mineralized zone, the Kadi Zone, approximately 1 km northeast of the Main Zone. Three holes have intersected gold mineralization up to 20m wide within a moderately dipping shear zone. Ashanti also announces further results from the Main Zone. At the Main Zone two new holes along section 1483750 again confirm gold [...]
11 metres of 1.06 g/t gold 8 metres of 1.51 g/t gold Kossanto East property showing the location in Mali, as well as the relative location of Gourbassi East and Gourbassi West mineralized zones, which are approximately 5km apart from each other. Inset detail in Figure 2. Gourbassi East Main Zone and new satellite zones. Yellow dots show Ashanti’s 2018 drill holes. Red dotted lines outline soil anomalies. The blue [...]
VANCOUVER, British Columbia, July 03, 2018 -- Ashanti Gold Corp. is pleased to announce additional results from the recently completed 105 hole Reverse Circulation and Diamond Drill 12,283 metre drill program that tested mineralization on the Kossanto East Project in western Mali. These results report assay data for the first two diamond drill holes from the Gourbassi East main zone; GEDD223 and GEDD250. Both holes [...]
VANCOUVER, British Columbia, June 28, 2018 -- Ashanti Gold Corp. - is pleased to announce its first assay results from the recently completed 105 hole Reverse Circulation and Diamond Drill , 12,283 metre drill program that tested mineralization on the Kossanto East Project in western Mali. These results report assay data for three drill holes from the Gourbassi East main zone and include GERC242, GERC243 and GERC245. All [...]
VANCOUVER, British Columbia, May 04, 2018 -- Ashanti Gold Corp. - announces drilling has started at the Kossanto East project . First work is being conducted on the Gourbassi East target with the first hole completed on May 3. The drill program at the Project is for 10,000m of drilling with approximately 8,000m dedicated to reverse circulation and 2,000m of diamond core . Picture 1: Drill rig at work on Gourbassi East [...]
Ashanti Gold announces it will commence drilling at Kossanto East starting in May 2018. Two drilling rigs have been mobilized and will be drilling both diamond core and reverse circulation holes to provide sufficient information to develop a robust geological interpretation and mineral resource estimate to be complete in 3Q2018. Plans are for 10,000m of drilling with approximately 8,000m dedicated to RC and 2,000m of DD [...]
VANCOUVER, British Columbia, April 23, 2018 -- Ashanti Gold Corp. - announces it has increased in size and closed its non-brokered private placement announced April 5, 2018. The Company raised $2,643,210 through the issuance of 17,621,397 priced at $0.15 per Unit . Each Unit consists of one common share and one-half of one common share purchase warrant. Each whole warrant entitles the holder to purchase one additional [...]
VANCOUVER, British Columbia, April 05, 2018 -- Ashanti Gold Corp. - is pleased to announce it has arranged a non-brokered private placement of up to 15,000,000 units at a price of $0.15 per Unit for gross proceeds of up to $2,250,000. Each Unit will consist of one common share of the Company and one-half of one common share purchase warrant . Each whole Warrant entitles the holder to acquire one additional share of the [...]
VANCOUVER, British Columbia, April 03, 2018 -- Ashanti Gold Corp. - announces that John Robins has joined the Company’s Advisory Board and will serve as Strategic Consultant as Ashanti advances its Kossanto East project in Mali and its portfolio of gold assets in Ghana. Mr. Robins is a professional geologist based in Vancouver, BC, with over 25 years of experience as an independent exploration geologist and [...]
VANCOUVER, British Columbia, March 21, 2018 -- Ashanti Gold Corp. - announces positive new results from its ongoing surface exploration program on the Anumso project, Ghana. Soil anomaly zones of the Anumso concession. Note the extent of anomalies compared to the drill-tested area . Detailed image shows the extent of the anomaly area with sample results that define it. Note that the drill tested area does not correspond [...]
VANCOUVER, British Columbia, March 05, 2018 -- Ashanti Gold Corp. - announces excellent new results of its on-going exploration program at Kossanto East. Results for 450 soil geochemical samples have been received and are in addition to 386 samples reported in February . These results enhance the existing targets by improving the continuity within anomalous zones as well as enlarging target width and strike length . In [...]