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Asanko Gold Announces Q2 2019 Production Results

ASANKO GOLD INC (AKG) 
Company Research Source: GlobeNewswire
VANCOUVER, British Columbia, July 10, 2019 (GLOBE NEWSWIRE) -- Asanko Gold Inc. (“Asanko” or the “Company”) (TSX, NYSE American: AKG) is pleased to announce production results for the second quarter (“Q2”) 2019 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. All dollar figures are US$ unless otherwise stated. AGM Q2 Highlights (100% basis): Record proceeds of $85.6 million generated from record gold sales of 66,337 ounces at an average realized price of $1,290 per ounceRecord gold production of 62,067 ounces, on track to meet 2019 production guidanceMined 1.06 million tonnes (“Mt”) of ore, including 0.53Mt of ore from the Esaase pitProcessed record 1.38Mt of ore with an average gold grade of 1.5 grams per tonne (“g/t”)Continued strong safety performance with no lost time injuries during the quarter “Q2 2019 has been a very strong quarter with t Show less Read more
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