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Asante Gold Corp
Symbol ASE
Shares Issued 22,481,000
Close 2015-10-01 C$ 0.14
Market Cap C$ 3,147,340
Recent Sedar+ Documents

Asante Gold to begin diamond drilling at Betanase

2015-10-08 16:22 ET - News Release

Mattson Subject: Asante Gold to start Drilling at Betanase, Ghana -- Kirsti Mattson Corporate Communications/Media Telephone: 778-434-2241 Cel: 604-202-2484 File: Asante Gold to Commence Betanase Drilling .pdf BETANASE DRILLING TO COMMENCE, KUBI AREA, GHANA THIS NEWS RELEASE IS NOT FOR DISTRIBUTION IN THE UNITED STATES OR TO U.S. NEWS AGENCIES FOR IMMEDIATE RELEASE Vancouver, British Columbia October 8, 2015 Asante Gold Corporation (CSE:ASE/ FRANKFURT:1A9) (the "Company") announces that a diamond drilling program is planned to commence next week on the Betanase concession to test the strong gold in soil anomaly previously outlined by Perseus Mining (Ghana) Limited. Betanase adjoins to the south of the AngloGold Ashanti/Randgold Resources Obuasi mining lease. An initial 4 to 6 drillholes totaling 750 metres are planned. Further updates and results will be provided as available. For a map of the proposed drillhole collars see: http://www.asantegold.com/assets/img/PropTestDrillBetanase.jpg The Company is currently accepting subscriptions to the private placement announced on September 4th 2015 (http://www.asantegold.com/news/ashanti-shear-zone-and-drill-targets- outlined-at-betanase-kubi-area-ghana ). Up to 10 million units are being offered, each unit is priced at CAD$0.15, and consist of one common share and one-half of a transferrable share purchase warrant. The offering is being made to existing shareholders of the Company as of September 4, 2015 and to accredited investors. Please see the referenced news release for full details of the placement. In the event of a material change relating to drilling results, the offering may be cancelled or repriced. On behalf of the Board, "Douglas R. MacQuarrie" President and CEO About Asante Gold Corporation Asante Gold Corporation (CSE:ASE/FRANKFURT:1A9) is continuing to assess the Kubi Gold Mine Option as a potential underground, toll milling operation; exploring the Betanase concession optioned from Perseus Mining (Ghana) Limited and the Fahiakoba concession, all located near the centre of Ghana's Golden Triangle and on strike with Perseus Mining's Edikan or AngloGold Ashanti/Randgold Resources Obuasi mines. For further information please contact: Douglas MacQuarrie, President and CEO, tel: +1 604-558-1134; E-mail: douglas@asantegold.com Doreen Kent, Shareholder Communications, tel: +1 604-948-9450; E-mail: d.kent@eastlink.ca Kirsti Mattson, Media Relations, tel: +1 778-434-2241; E-mail: kirsti.mattson@gmail.com Europe: Florian Riedl-Riedenstein, Director; E-mail: frram@aon.net Additional information is available on our web site at: www.asantegold.com Neither IIROC nor any stock exchange or other securities regulatory authority accepts responsibility for the adequacy or accuracy of this release. 1

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