Get Ready to Dig: Asante Kicks Off Mining at the Russel Starter Pit in the Bibiani Gold Mine!
VANCOUVER, British Columbia, Sept. 19, 2024 (GLOBE NEWSWIRE) — Asante Gold Corporation (CSE: ASE | GSE:ASG | FRANKFURT:1A9 | U.S.OTC:ASGOF) (“Asante” or the “Company”) is pleased to announce that, following receipt of all necessary permits from Ghanaian authorities, delivery of first mineralized material from the Russel Starter Pit to the Process Plant at the Bibiani Gold Mine has been achieved. Located 3.8 kilometres from the Bibiani process plant, the Russel deposit contains 119,000 ounces of measured and indicated gold resources (open pit) at a grade of 1.80 grams per tonne*, with mineralogy similar to the Bibiani Main Pit.
Mining operations are set to begin at the Russel Starter Pit in the Bibiani Gold Mine, and it’s time to get ready for some serious digging! Asante Gold Corporation has just received all the necessary permits from Ghanaian authorities, and they are wasting no time in delivering the first mineralized material from the Russel deposit to the Process Plant.
The Russel Starter Pit is located just 3.8 kilometres from the Bibiani process plant, making it a convenient and strategic location for mining operations. With 119,000 ounces of measured and indicated gold resources at a grade of 1.80 grams per tonne, this open pit mine is set to be a significant source of gold for Asante. The mineralogy of the Russel deposit is similar to that of the Bibiani Main Pit, ensuring a smooth transition and extraction process.
With mining operations now underway at the Russel Starter Pit, Asante Gold Corporation is poised to make a major impact in the gold mining industry. This new development marks a significant milestone for the company and sets the stage for future growth and success in the mining sector.
How will this affect me?
As a consumer, the mining operations at the Russel Starter Pit in the Bibiani Gold Mine could potentially have an impact on the availability and price of gold in the market. Depending on the success of the mining operations, there may be fluctuations in the price of gold, which could affect the cost of jewelry, electronics, and other products that contain gold.
How will this affect the world?
The mining operations at the Russel Starter Pit in the Bibiani Gold Mine will have a broader impact on the world by contributing to the global supply of gold. Asante Gold Corporation’s efforts to extract gold from the Russel deposit will increase the overall supply of gold in the market, which could have implications for the global economy and trade.
Conclusion
With mining operations kicking off at the Russel Starter Pit in the Bibiani Gold Mine, Asante Gold Corporation is making waves in the mining industry. This new development signals a bright future for the company and has the potential to impact both individual consumers and the global economy. As we look ahead to the future of gold mining, Asante is taking the first step towards success with the Russel deposit.
