Our current objective is to bring Bibiani Gold Mine
back to production with a year, at circa 200koz per year.
Resolute has reported in their Bibiani Feasibility Study Update ( see ASX Announcement dated 13 July 2018) 2.5 Moz
( 21.7 million tonnes grading 3.6g/t) of gold in current JORC resources and Asante has recognized additional exploration upside opportunities, both from near surface and underground targets.
Bibiani is a sleeping giant – essentially unmined and on care and maintenance since Ashanti Goldfields exited the project in 2006 when gold was just US$650 per oz. Our investment strategy is to achieve near-term economic returns on this very long-life asset of high national importance.