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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History
| Date | Interested Party | Activity |
|---|---|---|
| 1930’s | Two concessions held by Gold Coast Selection and Anglo-African Goldfields Limited | No reports of work |
| 1980’s | Billiton International Metals BV | Regional reconnaissance |
| 1990’s | Johnsons Limited (Private Ghanaian businessman) and Chirano Goldfields Company Limited | Current phase of exploration initiated |
| 1993 | Agreement with Placer Outokumpu Exploration (POE) Limited | Several phases of exploration |
| 1997 | Reunion Mining Company | Continues exploration after Government imposed moratorium on exploration |
| 1998 | Red Back Mining formed Chirano Gold Mines Limited | Extensive exploration and drill programmes for open pit development. BFS completed in 2003. |
| 2004 | Red Back Mining | Decision to develop Chirano Mine. First gold pour in October 2005. 2009 plant expanded to 3.5Mtpa. First underground deposit mined in 2008 |
| 2010 | Kinross | Buys out Red Back Mining for ownership of CGML |
| 2022 | Asante Gold Corporation | August 2022, Asante acquires Kinross’ 90% interest in Chirano Gold Mine and CGML becomes a wholly owned subsidiary of Asante. |
News
2023 Performance
Gold Produced in 2023
138
Koz
Reserves & Resources
Measured and Indicated Gold Resources
2.088
Gold Koz
Inferred Gold Resources
1.031
Gold Koz
Proven and Probable
1.059
Gold Koz