From GlobeNewswire.: 2024-05-01 07:15:00

Asante Gold Corporation has filed updated technical reports for the Chirano and Bibiani mines in Ghana, showing rapid production growth with estimates of 449koz in 2025 and over 500koz in 2028. The reports also indicate significant increases in Mineral Resources at both mines, supporting expansion and mine life extension opportunities. Bibiani mine is set to increase gold production by 254% in 2025 through expansion and underground development. AISC is expected to reduce from 2025 due to increased efficiencies. The Company plans to extend mine life beyond 2032 through resource conversion and exploration. Chirano mine forecasts increased gold production with estimates of over 200koz by 2027. The technical report outlines key metrics for the mine from 2024-2028, emphasizing open pit and underground production, waste ratios, and ore grades. The Company looks forward to discussing the technical report results in a live webinar on Tuesday, May 7, 2024.



Read more at GlobeNewswire.: Asante Announces Technical Reports Delineating Annual