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Asanko Gold Inc. (“Asanko” or the “Company”) (TSX:AKG)(NYSE MKT:AKG) confirms its 2017 production guidance of 230,000 – 240,000 ounces at All-in sustaining costs of US$880 – US$920 per ounce, following a successful first year of operations at the Asanko Gold Mine in Ghana, West Africa. As quoted in the press release: The substantial increase in …
Asanko Gold Inc. (“Asanko” or the “Company”) (TSX:AKG)(NYSE MKT:AKG) confirms its 2017 production guidance of 230,000 – 240,000 ounces at All-in sustaining costs of US$880 – US$920 per ounce, following a successful first year of operations at the Asanko Gold Mine in Ghana, West Africa.
As quoted in the press release:
The substantial increase in production guidance, above the original Feasibility Study target of 190,000 ounces per annum, is the result of the processing plant operating at 20% above design capacity and gold recovery rates in excess of 94%, well above design levels of 92.5%. 2017 has had a strong start to the year with just over 38,800 ounces of gold produced during January and February.
