Asanko Gold Increases Akwasiso Resources by 79% and Reserves by 62%
Successful infill drilling at Akwasiso increases Indicated Resources by 79% to 6.72 million tonnes at 1.49 g/t for 322,500 contained ounces of gold.
62% increase in Mineral Reserves to 3.83 million tonnes at 1.74 g/t, (+26% increase in grade) for 214,500 contained ounces of gold. Mineral Reserves delineated at US$12 per Reserve ounce.
Updated Mineral Resource Estimate signed off by CSA Global (UK) Ltd.
Phase 1 and 2 drilling programs executed at a very low discovery cost of US$8 per Resource ounce.
Akwasiso Environmental Invoice received, Environmental Permit expected shortly.
Asanko Gold Inc. ("Asanko" or the "Company") (TSX:AKG)(NYSE MKT:AKG) is pleased to announce an updated Mineral Resource and Reserve Estimate for the Akwasiso deposit, part of the Asanko Gold Mine located in Ghana, West Africa, following the successful completion of the infill drilling campaign to upgrade previously reported Inferred Resources into the Indicated category.
- Published: 27 April 2017
- Written by Editor