Asante Gold Snapshot
Asante Gold Corporation is a gold exploration and development company headquartered in Vancouver, Canada - currently developing gold projects in Ghana, West Africa. We have announced an agreement to develop the Kubi Gold Mine to production, subject to final closing and financing, and are exploring the Fahiakoba concession, adjoining to the north of Perseus Mining’s Edikan (Ayanfuri) Mine.
Ghana - Africa’s number two gold producer - hosts numerous +10 million ounce deposits, including Obuasi, Tarkwa, and Ahafo. Some of the world’s leading gold producers are active here including Newmont, AngloGold Ashanti and Goldfields.
Over two million ounces of gold are expected to be produced in Ghana this year, with the new Asanko Gold Mine (former PMI Gold Obotan) expected to commence production at +200,000 oz per year. According to the International Monetary Fund, Sub Saharan Africa economic growth is expected to outpace Asian growth in the next few years.
Phase 1 Exploration Program Completed at Fahiakoba
Douglas R. MacQuarrie
President & CEO
P.Geo.BC, B.Sc. Combined Honours Geology & Geophysics
A resident of Vancouver, Mr. MacQuarrie has 40 years’ mineral exploration experience, including 22 years in West Africa. He has been responsible for the discovery, acquisition and development of many significant gold deposits both in Canada and in Ghana. As the former CEO of PMI Gold Corporation he oversaw the acquisition of all the PMI mineral titles including Obotan and Kubi, and was responsible for raising over $45 million for exploration and development. Mr. MacQuarrie is a co-founder of Asante Gold; and the Managing Director of Goknet Mining Company Limited - a private Ghanaian exploration company he co-founded in the year 2000 with Ghanaian Nationals Godfried Kesse (former Director Ghana Geological Service) and Thomas Ennison (LLB), and Eric Ewen (Canadian Prospector and discoverer of Keegan Esaase orebody).
Chief Financial Officer
B.Compt., MBA, CMA
A resident of Toronto, Mr. Gibbs has extensive experience in the financial management of major international corporations and Canadian listed mining and mineral exploration companies. Mr. Gibbs is also Chief Financial Officer of KILO Goldmines Ltd., and Macusani Yellowcake Inc., operating in the Democratic Republic of Congo and Peru respectively.
Director & Vice President Production & Development
A resident of Obuasi, Ghana, Mr. Ahmed, a Ghanaian National, is a mining engineer with over 30 years of experience in mine operations, planning, production and management. This wealth of expertise gained him the position as Mine Manager at Obuasi, one of the World’s foremost underground gold mines, producing up to 1.8 million tonnes per year (~4,900 tpd). In this capacity Mr. Ahmed managed a workforce of over a 1000, with an annual budget of US$100 million.
A resident of Vienna, Austria, Mr. Riedl-Riedenstein is a former investment banker working in both New York and Austria. He has over 30 years’ corporate experience as a Director and Officer of Canadian listed companies. His specialty is the successful introduction of Canadian resource companies to European investors. He is also a co-founder of Asante Gold..
Mr. Heath is a graduate of the UBC/Sauder School of Business. Recent experience includes 8 years with Salman Partners Inc. in their Investment Banking Department as an analyst, Associate and VP. In that capacity, he provided equity financing and financial advisory services to corporate and individual clients including public and private equity offerings, valuations, fairness opinions, and in merger and acquisition advisory work. He was the Lead banker on numerous financings and complex M&A transactions.
A resident of Vancouver, BC, Ms. Horbulyk has 30 years’ experience with securities and stock exchange regulatory matters including seven years with the listings department of the Vancouver Stock Exchange.
|Douglas MacQuarrie, President|
US Toll Free:
|Ghana Mobile:||233 (0) 246-327-934|
US Toll Free:
|Florian Riedl-Riedenstein||43 (0) 2774 28814|