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Asanko Gold Announces Q4 and Full Year 2017 Production Results
Jan. 18, 2018 09:05AM PST
Gold InvestingAsanko Gold (“Asanko” or the “Company”) (TSX:AKG)(NYSE American:AKG)(NYSE MKT:AKG) announces production results for the fourth quarter (“Q4”) and full year (“FY”) of 2017 from the Asanko Gold Mine (“AGM”), located in Ghana, West Africa. Commenting on the quarter Peter Breese, President and CEO, said: “The Asanko Gold Mine delivered another solid quarterly performance, producing 51,550 ounces …
Asanko Gold (“Asanko” or the “Company”) (TSX:AKG)(NYSE American:AKG)(NYSE MKT:AKG) announces production results for the fourth quarter (“Q4”) and full year (“FY”) of 2017 from the Asanko Gold Mine (“AGM”), located in Ghana, West Africa.
Commenting on the quarter Peter Breese, President and CEO, said:
“The Asanko Gold Mine delivered another solid quarterly performance, producing 51,550 ounces and achieving 2017 revised guidance with full year production of 205,047 ounces.
Highlights for the quarter include the opening up and commencement of ore mining operations at our second satellite deposit, Dynamite Hill, record milling rates by the processing plant, which achieved the design throughput rate of 5Mtpa on an annualized basis for December inspite of lower oxide tonnes being fed to the mill than designed for, and high metallurgical recovery, which continues to be above design at 94% at these elevated mill throughput rates.”