Asante Gold (TSE:ASE) has released an update.
Asante Gold Corporation reports a significant uptick in projected annual gold production, anticipating an output of nearly 450,000 ounces by 2025, a 109% increase from 2023. The company’s updated technical reports for the Chirano and Bibiani mines in Ghana highlight substantial growth in Mineral Resources and outline aggressive expansion and exploration plans to extend mine life. This includes a notable surge in both Measured and Indicated, as well as Inferred Mineral Resources, and a strategy to commence underground mining at Bibiani alongside cost reduction measures.
For further insights into TSE:ASE stock, check out TipRanks’ Stock Analysis page.