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Asanko Gold Inc.
Summary
| Project: | Asanko Gold Mine | |
|---|---|---|
| Deposit: | Dynamite Hill, Nkran Extension, Adubiaso Extension | |
| Location: | Ghana | |
| Commodities: | Gold | |
| Date: | 5/23/2017 | |
| Report Code: | (Enviro) | |
| Report Type: | EIA/ESIA | |
| Project Stage: | Active Mining & Production | |
| Report details: | 23-5-2017: Asanko Gold Inc. announces an EIA/ESIA report for its Dynamite Hill, Nkran Extension, Adubiaso Extension deposit at the Asanko Gold Mine project. Environmental permits received for Dynamite Hill, Nkran Extension and Adubiaso Extension. Vancouve | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: n/a (n/a) | |
| ABSTRACT: | Vancouver, British Columbia, May 23, 2017 – Asanko Gold Inc. (“Asanko” or the “Company”) (TSX, NYSE MKT: AKG) is pleased to announce the commencement of mining operations at the Akwasiso deposit, part of the Asanko Gold Mine (“AGM”), located in Ghana, West Africa, following approval by the Ghanaian Regulatory Authorities to commence mining. Asanko is also pleased to announce that the Ghanaian Environmental Protection Agency has issued the Environmental Permits for Dynamite Hill, Nkran Extension and Adubiaso Extension. Receipt of these permits completes the permitting process for these satellite deposits, which are now ready for mining operations. Peter Breese, President and CEO, commented “With the successful in‐fill drill program completed and timely approval from the regulatory authorities, it made perfect sense to accelerate Akwasiso ahead of Dynamite Hill given its proximity to the plant, lower capital costs and that it is a larger and higher grade deposit than Dynamite Hill. The local mining contractor has already mobilized to site with road construction and site preparation at an advanced stage. First ore from Akwasiso is due in June 2017 and we expect the mining and processing costs of this ore to be considerably cheaper than the current hard rock operations at Nkran. We continue to see 2017 as a year of two halves with the true benefit of Akwasiso to be realized in H2 as we leverage the benefits of Akwasiso’s oxide material through the volumetric upgrades in the processing facility that are tracking well ahead of schedule.” | |
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