These verbal opinions are subject to certain assumptions and limitations and opine on the fairness, from a financial point of view. 99% of the total workforce are Ghanaians, of which around 53% are from our local communities. of mining gold in Western Ghana and is a development-stage gold miner that began commercial . Such forward-looking information may include, without limitation, statements regarding the completion and expected benefits of the proposed Business Combination and other statements that are not historical facts. Running test on blood samples ( FBC, Urinary analysis, Widal test, MP's, G6PD, Blood group, Sickling and other tests) . In early 2013, an announced merger between the two companies at the same exchange ratio was terminated by mutual agreement when it became apparent that the merger, while enjoying majority support from PMI shareholders, would not achieve the supermajority support legally required. Asankos vision is to become a mid-tier gold mining company that maximizes value for all its stakeholders. The link to the External Site is provided for convenience purposes only. The Company is strongly committed to the highest standards for environmental management, social responsibility, and health and safety for its employees and neighbouring communities. By entering the External Site, you further acknowledge and agree that the disclaimer of warranties and limitations of liability set out in this disclaimer shall apply regardless of the causes, circumstances or form of action giving rise to the loss, damage, claim or liability, even if such loss, damage, claim or liability is based upon breach of contract (including, without limitation, a claim of fundamental breach or breach of a fundamental term), tort (including, without limitation, negligence), strict liability or any other legal or equitable theory, and even if Asanko and Virtua are advised of the possibility of the loss, damage, claim or liability. CEO Videocast - Q1 2021 Operational & Financial Results. By clicking Accept you acknowledge and agree that neither Galiano nor third party provider Virtua Research, Inc. (Virtua) is responsible, or accepts or assumes any responsibility or liability whatsoever for, the content, the data or the technical operation of the Linked Site. The Company is strongly committed to the highest standards for environmental management, social responsibility, and health and safety for its employees and neighbouring communities. 1-604-683-8193. Asanko Gold Mine Joint Venture(5) GALIANO AT A GLANCE Basic shares outstanding(1) 224.6m Corporate cash & receivables(2) $65.0m . The Mineral Resource and Mineral Reserve estimates have been prepared in accordance with the 2010 Canadian Institute of Mining, Metallurgy and Petroleum (CIM) Definition Standards for Mineral Resources and Mineral Reserve as incorporated by reference in National Instrument 43-101 of the Canadian Securities Administrators, and is consistent with the Australasian Guidelines and Code for the Reporting of Exploration Results, Mineral Resources and Ore Reserves (Revised December 2007) as prepared by the Joint Ore Reserves Committee of the AusIMM, AIG and MCA (JORC). The Esaase mine, overland conveyor and the haul road are permitted. Asanko's vision is to become a mid-tier gold mining company that maximizes value for all its stakeholders. For more information on the Company, Investors should review the Companys annual Form 20-F filing with the United States Securities Commission and its home jurisdiction filings that are available at www.sedar.com. The Company's flagship project is the multi-million ounce Asanko Gold Mine located in . CEO Videocast - Q1 2021 Operational & Financial Results. A joint conference call and webcast hosted by Peter Breese and Peter Bradford will be held today at 4:00pm (EST) and 1:00pm (PST) (8:00am Wednesday in Sydney) to discuss this transaction. Peter Breese, President and CEO, commented: Commissioning of Phase 1 has now commenced and we expect to start the mill and CIL circuits shortly. Asanko Gold, Inc. (Asanko) has no control over the External Site, any data or other content contained therein or any additional linked websites. After submitting your request, you will receive an activation email to the requested email address. Terms relating to mineral resources in this press release are defined in accordance with National Instrument 43-101 - Standards of Disclosure for Mineral Projects under the guidelines set out in the Canadian Institute of Mining, Metallurgy, and Petroleum Standards on Mineral Resources and Mineral Reserves. If you experience any issues with this process, please contact us for further assistance. Galiano Gold Inc. (Galiano), has no control over the External Site, any data or other content contained therein or any additional linked websites. The terms for the increased US$150 million debt facility remain the same. The company. The plan is to eventually have a RC grade control model 9 to 12 months ahead of the production schedule and a phase of 120 meter deep boreholes has now been introduced to achieve this. Ore commissioning of the milling and CIL circuits is expected in the last week of December 2015, one month ahead of schedule. Key operational and project roles will continue to be filled, either with personnel from within PMIs organisation or externally as the Company will be well positioned to attract and retain a highly skilled team as it continues to build a high-performance organisation. Latest Events & Presentation. If in any jurisdiction, any part of this disclaimer is held to be unenforceable by a court of competent jurisdiction, such part of this disclaimer shall be restricted or eliminated to the minimum extent and the remaining disclaimer shall otherwise remain in full force and effect. : (0302) 76 14 54 / 024 3690 224 Fax: (0302) 76 14 54 Email: info@asanko.com By entering the External Site, you further acknowledge and agree that the disclaimer of warranties and limitations of liability set out in this disclaimer shall apply regardless of the causes, circumstances or form of action giving rise to the loss, damage, claim or liability, even if such loss, damage, claim or liability is based upon breach of contract (including, without limitation, a claim of fundamental breach or breach of a fundamental term), tort (including, without limitation, negligence), strict liability or any other legal or equitable theory, and even if Asanko and Virtua are advised of the possibility of the loss, damage, claim or liability. Asanko's vision is to become a mid-tier gold mining company that maximizes value for all its stakeholders. The Company will maintain its regulatory office in Vancouver, Canada with project and technical personnel located in Johannesburg, South Africa and operations personnel based in Ghana. Asanko is managed by highly skilled and successful technical, operational and financial professionals. In addition to disclosing results determined in accordance with GAAP, Asanko may also disclose certain non-GAAP and pro forma non-GAAP results of operations, including certain ratios, operational and miscellaneous data, as well as net income, diluted earnings per share, operating expenses, and operating income that make certain adjustments or exclude certain charges and gains that are outlined in the schedules included in this website. You can unsubscribe to any of the investor alerts you are subscribed to by visiting the unsubscribe section below. The link to the External Site is provided for convenience purposes only. VANCOUVER, BRITISH COLUMBIA -- (Marketwired) -- 07/26/17 -- In addition PMI has obtained a lock-up from Sun Valley Gold LLC which holds 6.9% of the issued and outstanding PMI common shares and Asanko has obtained a lock-up from Highland Park SA which holds approximately 9.6% of the issued and outstanding Asanko common shares. We continue to track within our capital budget of US$295 million and have strengthened the balance sheet heading into commissioning against a backdrop of uncertainty for the gold price. Galiano and Virtua also take no responsibility for third party pricing data provided for informational purposes and certain ratio results formulated from the provided third party pricing data. He has held various positions from General Manager to CEO and . Management believes that this non-GAAP and pro forma non-GAAP information provides investors with additional information to assess Asankos operating performance by making certain adjustments or excluding costs or gains and assists investors in comparing our operating performance to prior periods. http://www.asanko.com/projects/photo-gallery. This values each PMI share at C$0.441 representing a premium of 79% to the 20-day volume weighted average share prices of the PMI common shares on the TSX as of December 16, 2013. Asanko and PMI use certain terms, such as, measured mineral resources, indicated mineral resources, inferred mineral resources and probable mineral reserves, that the SEC does not recognize (these terms may be used in this press release and are included in the public filings of each of Asanko and PMI which have been filed with securities commissions or similar authorities in Canada). Management believes that this non-GAAP and pro forma non-GAAP information provides investors with additional information to assess Asankos operating performance by making certain adjustments or excluding costs or gains and assists investors in comparing our operating performance to prior periods. Mining operations are running smoothly and we are starting to mine the main Nkran orebody as the 21.7Mt pre-strip nears completion. What is particularly pleasing about this transaction is that it has the support of the some of largest shareholders of both Asanko and PMI.. During the first half of 2014, Asanko will complete additional studies to confirm this preliminary work and to ensure that the final development plan delivers optimal synergies with the best returns at the lowest risk. All the new data is being compiled into updated Mineral Resource and Reserve Estimates. The Asanko and PMI shareholder meetings will both be held on the same day, targeted for late January 2014. Further, by entering the External Site, you also acknowledge and agree that you completely and irrevocably waive any and all rights and claims against Asanko and Virtua and further acknowledge and agree that in no event shall Asanko or Virtua, its officers, employees, directors and agents be liable for any (i) indirect, consequential, incidental, special, compensatory or punitive damages, (ii) damages for loss of income, loss of business profits, business interruption, loss of data or business information, loss of or damage to property, (iii) claims of third parties, or (iv) other pecuniary loss, arising out of or related to this disclaimer or the External Site. Thank you. Commenting on the announcement, Peter Breese, President and CEO of Asanko, said The combination of the Esaase and Obotan Gold Projects into an integrated mining operation is an overwhelmingly accretive transaction for both Asanko and PMI shareholders due to the inherent synergies that can be captured through co-developing the projects. The Expansion DFS is nearing completion and . Mining is restricted to day shift only, with minimal blasting, and the material is being trucked to the processing facility via the newly commissioned haul road. Asanko's vision is to become a mid-tier gold mining company that maximizes value for all its stakeholders. The Company is strongly committed to the highest standards for environmental management, social responsibility, and health and safety for its employees and neighbouring communities. In addition to disclosing results determined in accordance with GAAP, Asanko may also disclose certain non-GAAP and pro forma non-GAAP results of operations, including certain ratios, operational and miscellaneous data, as well as net income, diluted earnings per share, operating expenses, and operating income that make certain adjustments or exclude certain charges and gains that are outlined in the schedules included in this website. If you experience any issues with this process, please contact us for further assistance. Galiano Gold Inc. (Galiano), has no control over the External Site, any data or other content contained therein or any additional linked websites. Asanko's flagship project is the fully financed, multi-million ounce Asanko. In combination with the agreed exchange ratio, I believe that this is a compelling transaction for PMI shareholders and we are pleased to have the support of key shareholders for the transaction as well as the unanimous support of the Board of Directors. Matt is a mining professional with 20 years of extensive experience in senior management and operational planning covering Australia, Mongolia, China, Canada, Turkey and Ghana. Among the donated items are: incubators, fetal Doppler equipment, autoclaves, ICU beds, vital signs monitoring equipment, laboratory centrifuges and supply kits, refrigerators, wheel chairs, examination lights as well as a broad range of medical supplies such as syringes, gloves, sutures and removal kits, sterile dressings, disinfectants, splints, obstetrics and gynaecology surgery packs, baby and birthing supplies. Management uses this non-GAAP and pro forma non-GAAP information, along with GAAP information, in evaluating its historical operating performance. Asanko Gold Ghana limited (defendant) had sought the court to strike out the case, which according to them was premature. Forward-Looking and other Cautionary Information Additional inclined holes are drilled to 22.5 and 45 meter depths, and sampled at 1.5 meter intervals. In addition, volatility in both the gold price and the value of gold equities has added considerable weight to the benefits that this transaction can deliver to shareholders of both companies through reduced corporate costs, capital and operating synergies and balance sheet strength. Gold dor is expected approximately 14 days after ore is fed to the mills. In addition to disclosing results determined in accordance with GAAP, Asanko may also disclose certain non-GAAP and pro forma non-GAAP results of operations, including certain ratios, operational and miscellaneous data, as well as net income, diluted earnings per share, operating expenses, and operating income that make certain adjustments or exclude certain charges and gains that are outlined in the schedules included in this website. The Obotan deposit will be developed as Phase 1, while the Esaase deposit will be developed as Phase 2. VANCOUVER, BRITISH COLUMBIA(Marketwired - Dec. 21, 2015) -. The RC drilling is aligned to the 3 meters flitch and 6 meters mining bench plans, and has been developed on 10 x 5 meters intervals. You can sign up for additional alert options at any time. 1-855-246-7341, info@galianogold.com The 4 analysts offering price forecasts for Asanko Gold. There can be no assurance that such information will prove to be accurate or that managements expectations or estimates of future developments, circumstances or results will materialize. The Company's "Asanko Gold Inc. NI 43-101 Technical Report for the Asanko Gold Mine, Ghana (Amended and Restated), dated effective December 31, 2019," describes areas of the Esaase pit that were . The Company's flagship project is the multi-million ounce Asanko Gold Mine located in Ghana, West Africa. Ghana . Vancouver, British Columbia, November 9, 2022 - Galiano Gold Inc. ("Galiano" or the "Company") (TSX, NYSE American: GAU) reports third quarter ("Q3") operating and financial results for the Company and the Asanko Gold Mine ("AGM"), located in Ghana, West Africa. This process is expected to be concluded by the end of Q1 2016. GALIANO GOLD REPORTS Q4 AND FULL YEAR 2021 RESULTS. A member of our eCommerce team will contact you within two working days. Webcast. - Find out more about subscriptions. The waiver and release specifically includes, without limitation, any and all rights and claims pertaining to the processing of personal data, including but not limited to any rights under any applicable data protection statute(s). Although Asanko and PMI have attempted to identify important factors that could cause actual results, performance or achievements to differ materially from those contained in forward-looking information, there can be other factors that cause results, performance or achievements not to be as anticipated, estimated or intended. The non-GAAP information should not be viewed as a substitute for, or superior to, other data prepared in accordance with GAAP. By clicking Accept you acknowledge and agree that neither Asanko nor third party provider Virtua Research, Inc. (Virtua) is responsible, or accepts or assumes any responsibility or liability whatsoever for, the content, the data or the technical operation of the Linked Site. Download. You can sign up for additional alert options at any time. Please note the information presented is deemed representative at the time of its original release. In addition to disclosing results determined in accordance with GAAP, Galiano may also disclose certain non-GAAP and pro forma non-GAAP results of operations, including certain ratios, operational and miscellaneous data, as well as net income, diluted earnings per share, operating expenses, and operating income that make certain adjustments or exclude certain charges and gains that are outlined in the schedules included in this website. The RC drilling program has progressed well since it commenced in April 2015. CEO Videocast - Q1 2021 Operational & Financial Results. In addition, the 100% back-up supply of power, 20 megawatts of diesel generator capacity, is on site and will be commissioned and fully operational before the end of December 2015. Interest rates accrue at LIBOR +6% with a 1% LIBOR minimum, there are no gold price or financial covenants on the loan, no hedging and no sweep of excess free cash. Asanko Gold Mine, situated in Ghana, one of the top ten gold producing countries, is Asanko Gold's flagship project. By clicking Accept you acknowledge and agree that neither Asanko nor third party provider Virtua Research, Inc. (Virtua) is responsible, or accepts or assumes any responsibility or liability whatsoever for, the content, the data or the technical operation of the Linked Site. Based on the initial findings, the best approach is to first develop Esaase and then commence the development of Obotan. Pursuant to the transaction, Asanko expects to issue approximately 86.9 million common shares on an undiluted basis. Asanko's flagship project is the fully financed, multi-million ounce Asanko. GALIANO GOLD PROVIDES UPDATED MINERAL RESOURCE ESTIMATE AND AN UPDATE ON MINING OPERATIONS. Grade reconciliation will start following the commencement of processing ore in Q1 2016. Download. The Company has initiated a tender process to assess alternative proposals for construction of a dedicated power plant at the Project site and a long term Power Purchase Agreement. Head Office No. The Agreement provides for two loan facilities: a US$130 million loan facility (the "Project. Management believes that this non-GAAP and pro forma non-GAAP information provides investors with additional information to assess Galianos operating performance by making certain adjustments or excluding costs or gains and assists investors in comparing our operating performance to prior periods. He is a Member of the Australasian Institute of Mining and Metallurgy and has sufficient experience, which is relevant to the style of mineralisation and type of deposit under consideration, and to the activity he is undertaking, to qualify as a Competent Person as defined in the 2004 Edition of the Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves (The JORC Code) and is a Qualified Person under National Instrument 43-101 - Standards of Disclosure for Mineral Projects. Prior to this, Matt was EVP and Chief Operating Officer at Galiano where he took the lead in building the Company's senior executive technical team. To access the conference call, please dial-in 10 minutes beforehand and quote Asanko Gold / PMI Transaction: A replay facility will be available two hours after the call on Asankos website: www.asanko.com or, until December 24, 2013, please dial using the access code: 4657294: To access the webcast, please click on the link or visit: http://event.on24.com/r.htm?e=732624&s=1&k=675DEB3253ED6BB88057DEC32393D9AB. The strike price of the warrants has been set at US$1.83 (approximately C$2.46) per share, which was calculated based on a 25% premium to the 20-day volume weighted closing price, as at December 16, 2015. By providing your email address below, you are providing consent to GALIANO GOLD to send you the requested Investor Email Alert updates. If in any jurisdiction, any part of this disclaimer is held to be unenforceable by a court of competent jurisdiction, such part of this disclaimer shall be restricted or eliminated to the minimum extent and the remaining disclaimer shall otherwise remain in full force and effect. Management uses this non-GAAP and pro forma non-GAAP information, along with GAAP information, in evaluating its historical operating performance. The link to the External Site is provided for convenience purposes only. Qualified Person StatementFrederik Fourie, Asanko Senior Mining Engineer (Pr.Eng) is the Asanko Qualified Person, as defined by Canadian National Instrument 43-101 (Standards of Mineral Disclosure), who has approved the preparation of the technical contents of this news release. The latest videos and photographs are available at http://www.asanko.com/projects/photo-gallery. Asanko Gold Inc. ("Asanko" or the "Company") (TSX:AKG)(NYSE MKT:AKG) is pleased to announce positive results from the . The waiver and release specifically includes, without limitation, any and all rights and claims pertaining to the processing of personal data, including but not limited to any rights under any applicable data protection statute(s). Mineral Reserve for Esaase contains 22.9Mt grading 1.43g/t Au for 1.05 million ounces of Proven and 22.5Mt grading 1.40g/t Au containing 1.32 million ounces of Probable as reported in the NI43-101 Technical Report filed on SEDAR on June 27, 2013. 4 Sir Arku Korsah Road Airport Residential Area P. O. Over 90,000 tonnes of this ore has been stockpiled separately with an average grade of 2.16g/t gold. Asanko Gold Inc. (Asanko or the Company) (TSX:AKG)(NYSE MKT:AKG) is pleased to announce that commissioning of Phase 1 of the Asanko Gold Mine (AGM or the Project) in Ghana has commenced and first gold is expected in January 2016. You can sign up for additional alert options at any time. Denver Gold Forum. Please note the information presented is deemed representative at the time of its original release. Mill feed rates and gold recoveries are expected to ramp-up to steady-state levels over the first three months of operations with commercial production targeted during Q2 2016. Approximately 2,600 people are employed at the mine. Commenting on the donation, Peter Breese, President and CEO, said, "Asanko positions CSR at the core of its business, we are committed to making social investments that address the needs of our stakeholders and create positive, self-sustaining legacies for our communities. Changes in historical information may occur due to adjustments in accounting and reporting standards & procedures. However, since that time, Asanko has significantly de-risked the Esaase Project by revising the mine and metallurgical models which has resulted in a more robust Pre-Feasibility Study and arranging US$150 million in project financing. Asanko and Virtua also take no responsibility for third party pricing data provided for informational purposes and certain ratio results formulated from the provided third party pricing data. Neither Toronto Stock Exchange nor the Investment Industry Regulatory Organization of Canada accepts responsibility for the adequacy or accuracy of this release. Under the terms of the Business Combination, which will be effected by means of a statutory plan of arrangement by PMI (the Arrangement) under the Business Corporations Act (British Columbia), each PMI shareholder will receive 0.21 Asanko common shares for each PMI common share (the Exchange Ratio). . You can unsubscribe to any of the investor alerts you are subscribed to by visiting the unsubscribe section below. North American Toll-Free: Over 40% of the gold is expected to be recovered from the gravity gold circuit. The waiver and release specifically includes, without limitation, any and all rights and claims pertaining to the processing of personal data, including but not limited to any rights under any applicable data protection statute(s). The Company is strongly committed to the highest . The Company's flagship project is the multi-million ounce Asanko Gold Mine. What are analysts forecasts for Asanko Gold stock? We remain confident of our ability to reach commercial production and generate positive cash flows by Q2 2016.. The link to the External Site is provided for convenience purposes only. PMI President and CEO, Peter Bradford, added This transaction delivers increased certainty to the development and success of the combined Esaase and Obotan Gold Projects at a time when the standalone financing and development of either of these mines is challenging. This release includes certain statements that may be deemed "forward-looking statements". September 13, 2021. - Confirms Dynamite Hill deposit will blend well with the other Asanko Gold Mine ores. Mining operations continue at rates in line with long-term steady state mining plans. Mr Clay consents to the inclusion of such information in this release in the form and context in which it appears. Together we are delivering health and hope to the local communities surrounding the Asanko Gold Mine and strengthening health systems throughout the country," said Dr. Douglas Jackson, CEO & President of Project C.U.R.E. In addition 1,523 meters of rip-lines have been analyzed and mapped. The grade control model is comparing well to the Mineral Resource Estimate. 28 October 2022 12:58am Asanko Gold and GIZ have launched a campaign on maternal and child health including infection prevention at Manso Adubia in the Amansie South district. The non-GAAP information should not be viewed as a substitute for, or superior to, other data prepared in accordance with GAAP. 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