Friday, March 3, 2017

Asanko Gold Inc. - AKG.t

Asanko Gold Inc. - AKG.t flagship project is the Esaase Gold Project located in Ghana, West Africa.

The Asanko Gold Mine is located on the Asankragua Gold Belt in Ghana. It has 7.5 million ounces of Measured and Indicated Resources, including 4.8 million ounces of Proven and Probable Reserves.

On February 24, 2017 the company released News

Asanko Gold Inc. has released an updated mineral resource and reserve estimate, as at Dec. 31, 2016, for the Asanko gold mine (AGM), located in Ghana, West Africa, as part of its annual filings.

Measured and indicated resources of 7.34 million ounces at 1.44 grams per tonne gold and inferred resources of 1.43 million ounces at 1.43 g/t Au, as at Dec. 31, 2016;
Mineral resource estimate includes updated constraining parameters, in line with best practice;
Proven and probable mineral reserves of 4.82 million ounces at 1.57 g/t Au, post-Nkran mining depletion of 270,471 ounces, representing no material change to the global reserve inventory;
Increased exploration program in highly prospective belt expected to add additional ounces in 2017.