Ashanti Gold Intersects New High Grade Zone at Gourbassi West, Kossanto East Project, Mali; 30 metres of 2.01 g/t gold (including 2 metres of 7.94 g/t and 3 metres of 4.36 gold)
Vancouver, British Columbia--(Newsfile Corp. - September 12, 2017) - Ashanti Gold Corp. (TSXV: AGZ) ("Ashanti" or the "Company") is pleased to announce results from an additional fifteen Gourbassi West drill holes from the recently completed 53 Reverse Circulation ("RC") drill hole, 6073 metre drill program that tested gold mineralization on the Kossanto East Project (the "Property") in western Mali (see August 2, 10, 21 2017 press releases). Drill highlights include:30 metres @ 2.01 g/t Au including 2 metres of...
2017-09-12 9:00 AM EDT
Ashanti Gold Engages Duke Capital as Investor Relations
Vancouver, British Columbia--(Newsfile Corp. - August 29, 2017) - Ashanti Gold Corp. (TSXV: AGZ) ("Ashanti" or the "Company") is pleased to announce that it has engaged Duke Capital ("Duke") for investor relations services. Duke will be responsible for developing the Company's capital market presence, increasing Ashanti's investor audience, and helping management raise financing for Ashanti's corporate growth and operations. In consideration for the services the Company will pay to Duke a monthly fee of $6,000 commencing August 1, 2017. ...
2017-08-29 9:00 AM EDT
Ashanti Gold Intersects Wide Intervals of Gold at Gourbassi West, Kossanto East Project, Mali
Vancouver, British Columbia--(Newsfile Corp. - August 21, 2017) - Ashanti Gold Corp. (TSXV: AGZ) ("Ashanti" or the "Company") is pleased to announce results of an additional sixteen drill holes from the recently completed 53 Reverse Circulation ("RC") hole, 6073 metre drill program that tested mineralization on the Kossanto East Project (the "Property") in western Mali (see August 2 and 10, 2017 press releases) (Figure 1).These results are the first from the Gourbassi West target to be reported by Ashanti (previous...
2017-08-21 9:00 AM EDT
Ashanti Gold Continues to Intersect Gold at Gourbassi East, Kossanto East Project, Mali; 25 metres of 1.53 g/t gold (including 3 metres of 7.95 g/t gold), and 13 metres of 2.34 g/t gold (including 8 metres of 3.24 g/t gold)
Vancouver, British Columbia--(Newsfile Corp. - August 10, 2017) - Ashanti Gold Corp. (TSXV: AGZ) ("Ashanti" or the "Company") is pleased to announce additional results of seven drill holes from the recently completed 53 Reverse Circulation ("RC") hole, 6073 metre drill program that tested mineralization on the Kossanto East Project (the "Property") in western Mali (see August 2, 2017 press release) (Figure 1).The targets Gourbassi East and Gourbassi West (Figure 2) showed mineralized areas on the Property from historical exploration and...
2017-08-10 8:00 AM EDT
Ashanti Gold to Acquire 100% of Kossanto East Project
Vancouver, British Columbia--(Newsfile Corp. - August 8, 2017) - Ashanti Gold Corp. (TSXV: AGZ) ("Ashanti" or the "Company") is pleased to announce it has entered into an agreement to purchase 100% of the Kossanto East Project (the "Project") from Alecto Minerals PLC ("Alecto"). For a purchase price of CAD $1 million, Ashanti will have full ownership of the Kossanto East Project, while Alecto will retain a 1.5% Net Smelter Return ("NSR"). Ashanti has the right to purchase some or all...
2017-08-08 8:00 AM EDT
Ashanti Gold Intersects New High-Grade Zone at Gourbassi East, Kossanto East Project, Mali; 47 metres of 3.29 g/t gold (including 12 metres of 8.89 g/t gold), and 41m @ 2.22 g/t gold
Vancouver, British Columbia--(Newsfile Corp. - August 2, 2017) - Ashanti Gold Corp. (TSXV: AGZ) ("Ashanti" or the "Company") is pleased to announce its first assay results from the recently completed 53 Reverse Circulation ("RC") hole, 6073 metre drill program that tested mineralization on the Kossanto East Project (the "Property") in western Mali (see July 10, 2017 press release) (Figure 1). The targets Gourbassi East and Gourbassi West showed mineralized areas on the Property from historical exploration and thus were...
2017-08-02 9:00 AM EDT
Ashanti Gold Corp. Corporate Update
Vancouver, British Columbia--(Newsfile Corp. - July 10, 2017) - Ashanti Gold Corp. (TSXV: AGZ) ("Ashanti" or the "Company") is pleased to provide an important corporate update on its gold exploration projects in West Africa.MaliThe Phase 1 drill program for the Company's Kossanto East project (the "Project") announced on June 12, 2017 has now been completed. The program consisted of 53 holes, each between 100m to 150m deep, totaling 6,073-metres of reverse circulation drilling ("RC") on the Gourbassi East and Gourbassi...
2017-07-10 9:00 AM EDT
Ashanti Gold Corp. Starts Drilling on Kossanto East, Grants Options
Vancouver, British Columbia--(Newsfile Corp. - June 12, 2017) - Ashanti Gold Corp. (TSXV: AGZ) ("Ashanti" or the "Company") is pleased to announce it has begun drilling on the Kossanto East project in Mali (the "Project"). The drill program is slated to be a minimum of 6000 meters, for approximately 55 reverse circulation ("RC") holes to depths of 100-150m. Drilling will test the Gourbassi East, Gourbassi West, and two satellite targets and if successful, will expand the known areas...
2017-06-12 9:00 AM EDT
Ashanti Closes Private Placement
Vancouver, British Columbia--(Newsfile Corp. - June 9, 2017) - Ashanti Gold Corp. (TSXV: AGZ) ("AGZ" or the "Company") is pleased to announce that it has increased in size and closed its non-brokered private placement announced May 25, 2017. The Company raised $2,020,000 through the issuance of 8,080,000 ("Units") priced at $0.25 per Unit (the "Offering"). 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...
2017-06-09 9:00 AM EDT
Ashanti Gold Arranges Non-Brokered Private Placement
Vancouver, British Columbia--(Newsfile Corp. - May 25, 2017) - Ashanti Gold Corp. (TSXV: AGZ) ("Ashanti" or the "Company") is pleased to announce it has arranged a non-brokered private placement of up to 8,000,000 units (the "Units") at a price of $0.25 per Unit (the "Offering") for gross proceeds of up to $2,000,000. Each Unit will consist of one common share of the Company (a "Share") and one-half of one common share purchase warrant (a "Warrant"). Each whole Warrant entitles the...
2017-05-25 7:00 AM EDT
Ashanti Gold Announces Mobilization on Kossanto East
Vancouver, British Columbia--(Newsfile Corp. - May 17, 2017) - Ashanti Gold Corp. (TSXV: AGZ) ("Ashanti" or the "Company") is pleased to announce it has begun mobilization to drill on the Kossanto East project in Mali (the "Project").The Project is a 66.41 km2 concession in the prolific Kenieba Inlier, the northwestern-most exposure of Birimian rocks in West Africa. The Project has six known pods of mineralization. Two have been partially explored by past operator, Alecto Minerals PLC. Ashanti's plan is to...
2017-05-17 7:00 AM EDT
Ashanti Gold Announces Formation of Advisory Board
Vancouver, British Columbia--(Newsfile Corp. - May 11, 2017) - Ashanti Gold Corp. (TSXV: AGZ) ("Ashanti" or the "Company") is pleased to announce it has formed an Advisory Board to attract highly qualified and respected people in the mining industry to help the company advance its corporate development.The starting members of the Advisory Board are Henk Van Alphen and William Pincus.Mr. Van Alphen has had a long and successful career in the mining industry and has delivered exceptional value to the...
2017-05-11 9:00 AM EDT
Ashanti Gold Announces Election to Proceed with Anumso Option
Vancouver, British Columbia--(Newsfile Corp. - March 30, 2017) - Ashanti Gold Corp. (TSXV: AGZ) ("Ashanti" or the "Company") is pleased to announce it has exercised its right to proceed with an option on the Anumso property (the "Project") under the terms of the Anumso Option Agreement (the "Option Agreement") with Goldplat PLC ("Goldplat") announced on September 15, 2016. See the Company's press release on September 15, 2016 - "Ashanti Gold Signs Formal Option Agreement for Anumso."Ashanti has the...
2017-03-30 6:00 AM EDT
Ashanti Gold Announces Remaining Drill Results from Anumso, Highlight intersections include 9m @ 1.60g/t, 4m @ 1.73g/t and 3m @ 4.95g/t
Vancouver, British Columbia--(Newsfile Corp. - March 22, 2017) - Ashanti Gold Corp. (TSXV: AGZ) ("Ashanti" or "AGZ" or the "Company") is pleased to announce results from the remaining 13 drill holes from its recent 20 hole, 2,000m reverse circulation ("RC") drill program on the Anumso project, Ghana (first 7 holes announced on March 8, 2017). Assays from these thirteen holes continue to confirm the presence of gold mineralization in Banket conglomerate consistent with previous drilling. Ashanti's CEO Tim McCutcheon said...
2017-03-22 9:00 AM EDT
Ashanti Gold Announces First Drill Results from Anumso, Highlight Intersections Include 8m @ 1.46g/t and 6m @ 2.11 G/t
Vancouver, British Columbia--(Newsfile Corp. - March 8, 2017) - Ashanti Gold Corp. (TSXV: AGZ) ("Ashanti" or the "Company") is pleased to announce a first set of results from its recent 20 hole, 2,000m reverse circulation drill program on the Anumso project, Ghana. Assays from seven of the twenty holes have been received and are consistent with previous drilling and support broader correlation of along strike and down-dip gold content from previous explorers. Ashanti's CEO Tim McCutcheon said "Ashanti...
2017-03-08 6:00 AM EST
Ashanti Gold Signs Formal Option Agreement with Red Back
Vancouver, British Columbia--(Newsfile Corp. - February 15, 2017) - Ashanti Gold Corp. (TSXV: AGZ) ("Ashanti" or the "Company") - is pleased to announce it has signed formal option agreements (the "Option Agreements") with Red Back Mining Ghana Limited ("Red Back") an indirect, wholly owned subsidiary of Kinross Gold Corporation ("Kinross") to earn a 100% interest in three prospecting licenses located in the Ashanti Belt in central Ghana (the "Project" as further described in Figures 1 and 2).The Option Agreements provide...
2017-02-15 9:00 AM EST
Ashanti Gold Announces Commencement of First Drill Campaign, Closes Second Tranche of Placement
Vancouver, British Columbia--(Newsfile Corp. - February 1, 2017) - Ashanti Gold Corp. (TSXV: AGZ) ("Ashanti" or the "Company") - is pleased to announce its first drill campaign has begun at the Anumso Gold Project in Ghana. The Company is implementing a drill program consisting of 20 holes at an average depth of 100 metres using reverse circulation ("RC") drilling for a total of approximately 2,000 metres. The Company will be drilling along 2.6 km of gold-bearing Banka conglomerate as outlined...
2017-02-01 9:00 AM EST
Ashanti Gold Corp. Arranges Non-Brokered Private Placement
Vancouver, British Columbia--(Newsfile Corp. - December 9, 2016) - Ashanti Gold Corp. (TSXV: AGZ) ("Ashanti" or the "Company") is pleased to announce it has arranged a non-brokered private placement of up to 3,000,000 units (the "Units") at a price of $0.40 per Unit (the "Offering") for gross proceeds of up to $1,200,000. Each Unit will consist of one common share of the Company (a "Share") and one-half of one common share purchase warrant (a "Warrant"). Each whole Warrant entitles the...
2016-12-09 9:00 AM EST
Ashanti Gold names Jonathan Henry as a Director, grants options
Vancouver, British Columbia--(Newsfile Corp. - December 7, 2016) - Ashanti Gold Corp. (TSXV: AGZ) ("Ashanti" or the "Company") - is pleased to announce Jonathan Henry is joining the board of directors. Mr. Henry (50) has been President and Chief Executive Officer of TSX-listed Gabriel Resources Ltd. since June 2010. Between 1994 and 2010 he worked with Avocet Mining PLC ("Avocet"), a UK based and listed gold producer and now a West African gold mining and exploration company operating...
2016-12-07 9:00 AM EST
Ashanti Gold Signs Formal Option Agreement for Kossanto East
Vancouver, British Columbia--(Newsfile Corp. - November 28, 2016) - Ashanti Gold Corp. (TSXV: AGZ) ("Ashanti" or the "Company") - is pleased to announce it has signed a formal option agreement with Alecto Minerals PLC ("Alecto"), an AIM-listed public company, to earn an interest in the Kossanto East Gold Project (the "Project") in western Mali, following upon a Letter of Intent announced on August 22, 2016 (http://www.ashantigoldcorp.com/news/2016/ashanti-gold-announces-mali-gold-project-earn-in-agreement). Ashanti has the right to earn 65% of Alecto's interest (after including the...
2016-11-28 9:00 AM EST