Asanko Gold Announces Preliminary Q1 2020 Results
ASANKO GOLD INC (AKG)
NASDAQ:AMEX Investor Relations:
asanko.com/investors/presentations/default.aspx
Company Research
Source: PR Newswire
(All dollar amounts are United States dollars unless otherwise stated) VANCOUVER, April 16, 2020 /PRNewswire/ - Asanko Gold Inc. ("Asanko" or the "Company") (TSX, NYSE American: AKG) is pleased to announce results for the first quarter ("Q1") from the Asanko Gold Mine ("AGM"), located in Ghana, West Africa. The AGM is a 50:50 joint venture ("JV") with Gold Fields Ltd (JSE, NYSE: GFI) which is managed and operated by Asanko. The Company expects to release its full financial and operational results before the market opens on May 7, 2020. AGM Q1 Highlights (100% basis):Record proceeds of $104.6 million generated from gold sales of 67,820 ounces at an average realized price of $1,542 per ounceRecord gold production of 66,333 ounces Mined 1.91 million tonnes ("Mt") of ore, including 0.59Mt of ore from Esaase Processed 1.40Mt of ore with an average gold grade of 1.6 grams per tonne ("g/t") Preliminary all-in sustaining costs1 ("AISC") of $805/oz"The Asanko Gold Mine had its best quarter si
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