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Asante Gold Announces Filing of NI 43-101 Technical Report For The Bibiani Gold Mine
Vancouver, British Columbia, Sept. 01, 2022 (GLOBE NEWSWIRE) -- Asante Gold Corporation (CSE:ASE | GSE:ASG | FRANKFURT:1A9 | U.S.OTC:ASGOF) (“Asante” or the “Co
About this update from Asante Gold Corporation
[{"type":"text","content":" Vancouver, British Columbia, Sept. 01, 2022 (GLOBE NEWSWIRE) -- Asante Gold Corporation (CSE:ASE | GSE:ASG | FRANKFURT:1A9 | U.S.OTC:ASGOF) (“Asante” or the “Company”) is pleased to announce that further to its press release of July 18, 2022, the Company has filed the updated technical report (the “2022 Technical Report”) prepared in accordance with National Instrument 43-101 – Standards of Disclosure for Mineral Projects (“NI 43-101”) on the Bibiani Gold Project located in the Ashanti region of Ghana, West Africa (“Bibiani” or the “Project”). Bibiani is operated by Mensin Gold Bibiani Limited, a 90% owned Ghana subsidiary of Asante. The 2022 Technical Report has been prepared to the level of confidence of a Pre-Feasibility Study and is available on the Company’s SEDAR profile (www.sedar.com). The 2022 Technical Report entitled “NI 43-101 Technical Report, Bibiani Gold Project, Ghana, West Africa” dated August 31, 2022 (with an effective date of February 28, 2022) has been prepared for Asante by dMb Management Services, Bara Consulting Pty Ltd and Snowden Optiro (South Africa). For additional information relating to the mineral resource and mineral reserve estimates for Bibiani, please refer to Asante’s press release dated July 18, 2022. In other news, the Company announces the grant of an aggregate of 1,540,000 incentive stock options to purchase common shares of the Company exercisable at $1.50 per share for a term of five years, such options to vest 20% on grant and 20% on the three, six, nine and 12 month anniversaries subject to the provisions of the Company’s Equity Incentive Plan. Qualified Person Statement The technical content of this news release with respect to the 2022 Technical Report has been reviewed and approved by the Qualified Persons (as defined under NI 43-101) and authors of the 2022 Technical Report: David Michael Begg of dMb Management Services Pty Ltd (South Africa), Clive Brown of BARA Consulting (South Africa), Ian Jackson of BARA Consulting (UK) and Senzeni Mandava of Snowden Optiro (South Africa). None of the Qualified Persons hold any interest in Asante, its associated parties, or in any of the mineral properties which are the subject of this news release. About Asante Gold Corporation Asante is a gold exploration, development and operating company with a high-quality portfolio of projects and mines...