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Asante Gold ( (TSE:ASE) ) has shared an announcement.
Asante Gold Corporation has announced the completion of a Definitive Feasibility Study (DFS) for the Bibiani Mine, highlighting the potential for a seven-year underground mining operation. The study projects the production of 831,000 ounces of gold with an all-in sustaining cost of $1,035 per ounce, aiming for an annual production exceeding 250,000 ounces by 2026. The DFS underscores the technical and financial viability of the project, with underground mining expected to commence in late 2025, supported by a new sulphide treatment plant and infrastructure improvements.
More about Asante Gold
Asante Gold Corporation is a mining company involved in the exploration and development of gold properties. The company is focused on revitalizing and extending the life of its Bibiani Mine, primarily through underground mining operations. Asante Gold is listed on multiple exchanges, including the Canadian Securities Exchange and the Frankfurt Stock Exchange.
YTD Price Performance: -3.85%
Average Trading Volume: 67,431
Technical Sentiment Consensus Rating: Buy
Current Market Cap: C$506.1M
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