Chirano

The Project is managed and operated by Asante Gold Chirano Limited, a wholly-owned Ghanaian subsidiary of Asante Gold Corporation. Asante is listed on the Canadian Securities Exchange (CSE: ASE); the Ghana Stock Exchange (GSE: ASG); the Frankfurt Stock Exchange (FSE: 1A9) and the United States (OTC: ASGOF) with headquarters at 615-800 West Pender Street, Vancouver, British Columbia.

All concessions carry a 10% free carried interest in favour of the Ghanaian government under Section 8 of the Ghanaian Mining Act.

The Chirano Gold Mine comprises a granted mining lease in the Western North Region of Ghana encompassing a multi-deposit complex, within which fourteen gold deposits have been identified, quantified, and reserves estimated.

Identified mineralised deposits have been historically mined from both open pit and underground operations over a long period of time. The EPA permit has been granted and formal permission to mine is in place. The Mine is located at 697,000N, 568,000E (UTM, WGS84, Zone 30N). AGCL also holds approximately 600km² of Prospecting Licenses approved and in process of approval. These are detailed in Item 4.

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