Asanko Gold Mine Phase 1 Project Update
Highlights: - Early works program at the Asanko Gold Mine and detailed engineering advancing on schedule with a full investment decision planned for July - Mineral Resource Estimate revision for Nkran and Adubiaso deposits complete with no material change and detailed mine planning underway - Definitive Project Plan to be published as an NI 43-101 compliant technical report by Q4 2014 - Environmental permit conditions continue to be removed - official moratorium declared over mining area in preparation for breaking ground in Q3 2014 - New General Manager appointed and recruitment of key operating personnel underway
VANCOUVER, BRITISH COLUMBIA- Jun 18, 2014 - Asanko Gold Inc. ("Asanko" or the "Company") (AKG.TO)(NYSE MKT:AKG) is pleased to provide an update on activities at the fully funded and permitted Asanko Gold Mine (the "AGM" or the "Project") in Ghana. In early April, the Company engaged DRA as the Engineering, Procurement, Construction and Management ("EPCM") contractor for the design and construction of Phase 1 of the Project as well as Knight Piesold to design the Tailings Storage Facility and carry out detailed geotechnical engineering works for the site. Shortly thereafter, the Company initiated an early works program designed to advance the critical activities that will allow the Company to maintain its project schedule, targeting first gold in Q1 2016.
- Published: 18 June 2014
- Written by Editor