Sign up Australia
Proactive Investors - Run By Investors For Investors

Asante Gold shares surge as it extends Keyhole discovery in Ghana

The firm said the work had extended the mineralized shear zone outlined in the first phase
Asante Gold shares surge as it extends Keyhole discovery in Ghana
Asante Gold Corp workers

Shares in Asante Gold Corp (CVE:ASE, CNSX:ASE) shot up in Toronto on Tuesday as it unveiled highly encouraging drill results from the Keyhole option property in Ghana.

The firm said work (a second phase) had extended the mineralized shear zone outlined in the first phase to a length of 650m (meters) and to a depth of up to 150m.

Shear zones host most of the major gold deposits in Ghana, Asante noted.

Meanwhile, one hole - MEM17-11C - has hit a 3.5m wide sulfide and quartz mineralized shear zone with visible gold.

Notably, this hole was drilled on the same secion and 25 meters under the high grade gold discovery hole MEM17-001B, which hit 13.12g/t gold over 3 meters) .

Drilling is continuing to test this shear zone along strike, the group said.

Asante shares shot up almost 43% in Toronto to C$0.10.



Giles_55af4ddca6481.jpg
Why Invest In Asante Gold? Read More Here

Register here to be notified of future ASE Company articles
View full ASE profile View Profile

Asante Gold Timeline

Related Articles

1504520720_Gold-bars-plus-nugget.jpg
September 04 2017
Hummingbird is one of the few miners in recent years that's actually been able to finance and build a significant gold mine
picture of drill rig
August 15 2017
“The funds raised should allow the company to swiftly commence resource definition drilling in our high potential Anzá gold project"
molten gold being poured
October 20 2017
Pan African hopes to be in production at Elikhulu in the final quarter of next year.

No investment advice

The information on this Site is of a general nature only. It does not take your specific needs or circumstances into consideration, so you should look at your own financial position, objectives and requirements and seek financial advice before making any financial decisions. You acknowledge and understand that neither the Company, its related bodies corporate, the information providers or their affiliates will advise you personally about the nature, potential value or suitability of any particular security, portfolio of securities, transaction, investment strategy, or other matter. You should read our FSG and any other relevant disclosure documents and if necessary seek persona advice prior to making any investment decision.

You understand and agree that no Content (as defined below) published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is suitable or advisable for any specific person.

You understand that in certain circumstances the Company, its related bodies corporate, the information providers or their affiliates may have received, or be entitled to receive, financial or other consideration in connection with promoting, and providing information about, certain entities on the Site and in communications otherwise provided to you.

You understand that price and other data is supplied by sources believed to be reliable, that the calculations herein are made using such data, and that neither such data nor such calculations are guaranteed by these sources, the Company, the information providers or any other person or entity, and may not be complete or accurate. From time to time, reference may be made in our marketing materials to prior articles and opinions we have published. These references may be selective, may reference only a portion of an article or recommendation, and are likely not to be current. As markets change continuously, previously published information and data may not be current and should not be relied upon.

Before you act on any general advice we provide, please consider whether it is appropriate for your personal circumstances.

© Proactive Investors 2017

Proactive Investors Australia PTY LTD ACN:132787654 ABN:19132787654.

Market Indices, Commodities and Regulatory News Headlines copyright © Morningstar. Data delayed 15 minutes unless otherwise indicated. Terms of use