Asante Gold Corporation

Primary ticker: CSE: ASE FSE:1A9 OTC: ASGOF
Stage of development: Development
Primary minerals: Gold
Project to promote: Bibiani Gold Development Project
Project location: Ghana
Corporate Presentation: Click Here
Corporate video: Asante Gold Video  Bibiani Video Tour

Live financials

Major shareholders:
Ghanaian retail – 25.5%
Management & Insiders – 17.8%
Fujairah Holdings – 14.9%,
Emiral Resources – 14.9%
Management Ownership – 17.8%

Asante is a pure gold exploration and development company with a high-quality portfolio of projects in Ghana, Africa’s largest and safest gold producer. We are focused on developing high margin projects including the Bibiani (+4Moz past production) and Kubi Gold mines located on the prolific Bibiani and Ashanti Gold Belts. Refurbishment of the Bibiani Mine processing plant has commenced with completion scheduled for 3rd Qtr. 2022. Asante has an experienced and skilled team of mine finders, builders and operators, with collectively more than 24Moz of gold resources and reserves discovered and developed in Ghana. Asante is listed on the Canadian Securities and Frankfurt Stock Exchanges and has announced plans to co-list its shares on the Ghana Stock Exchange. We are also exploring
our Keyhole, Fahiakoba and Betenase projects for new discoveries, all adjoining or along strike of major gold mines near the centre of Ghana’s Golden Triangle. Additional information is available on our web site at:

Key investor takeaways

Emiral Resources, Fujairah Holdings

Management Profile

Malik Easah – Executive Director

Mr. Easah was a founding Director of Cardinal Resources Limited where he spearheaded the acquisition of all tenements and played a key role in the discovery and development of the seven million-ounce Namdini Gold Project in Northern Ghana. Cardinal Resources was recently purchased by Shandong Gold Company for ~AUS$600 million. Mr. Easah has over fifteen years of exploration, mining, and project development experience; is a resident of Ghana.

Dave Anthony – Chief Operating Officer

A resident of Canada, Mr. Anthony holds a BSc Mining Engineering from Queen’s University. He has +40 years’ international experience in mining and mineral processing mostly gained at the senior management & executive levels in gold process plant design, permitting, construction and operation. This includes 10 years in Africa, where he worked to become COO of African Barrick Gold. He has designed, delivered and operated open pit and underground mine assets with CAPEX from $100M to $3.6B and with total material movement to 65 Mt/y.

What is your rationale for taking part 121 Mining Investment?

Asante Gold is a fast-growing gold mining company. We have recently purchased Bibiani Gold Mine in Ghana for US$90M in cash. We are establishing our positions among institution investors.

What recent news would you like to highlight to investors attending?

Asante Gold Announces US$5M Strategic Investment In Roscan Gold Corporation.
Asante Gold Raises C$80 Million at C$0.70 Per Share to Finance the Acquisition of the Bibiani Mine.
Asante Gold Announces Acquisition of Resolutes Bibiani Gold Mine In Ghana for US$90 Million Cash.

What are your key goals for the next 3, 6 and 12 months?

12 Months
Our current objective is to bring Bibiani Gold Mine back to production with a year, at circa 200koz per year.

Analyst Insight – provided by Independent Investment Research