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Ashanti Gold Corp.

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Summary

Project:

Kossanto East

Deposit:Gourbassi East
Location:Mali
Commodities:Gold
Date:3/6/2020
Report Code:NI43-101
Report Type:Exploration/Drilling Update
Project Stage:Pursuing Resource Increase/Upgrade
Report details:6-3-2020: Ashanti Gold Corp. announces an Exploration/Drilling Update report for its Gourbassi East deposit at the Kossanto East project. Drilling results incl. 24m @ 0.84g/t Au from 0m. VANCOUVER, BC – July 11, 2018 Ashanti Gold Corp. (“Ashanti” or the “
Resources:(not mentioned in this report)
CP/QP:[Overall Report] ()
ABSTRACT:VANCOUVER, BC – July 11, 2018 Ashanti Gold Corp. (“Ashanti” or the “Company”) - (TSXV: AGZ) is pleased to announce additional results from the recently completed 105 hole Reverse Circulation (“RC”) and Diamond Drill (“DD”), 12,283 metre drill program that tested mineralization on the Kossanto East Project (the “Property”) in western Mali (Figure 1). New results include GERC 240, below Results presented here and previously (see June 28 and July 3 Press Releases) demonstrate strong positive results from drill holes in the Gourbassi East Main Zone including affirmation of eastdipping mineralized zones and continuity of mineralization along strike. In addition, the Company has identified and tested three other target areas near Gourbassi East as well as Gourbassi West (Figure 1). The Company awaits results from these targets. Figure 1. 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. 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 bar is cross section 1483650 (Figure 3)

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