The Gold Report Examines How A Feasibility Study Offers

New Post Public Reply Private Reply Replies (0) Message Board
News Desk 2018
119
The Gold Report Examines How A Feasibility Study Offers Optionality to Maximize Cash Flow

SAN FRANCISCO, CA --(Marketwired - June 19, 2017) - On June 4 Peter Breese, CEO of Asanko Gold, discussed the recently released definitive feasibility study for the Asanko Gold Mine in Ghana, and the two-stage organic growth plan with The Gold Report.

Company included in article: Asanko Gold Inc.

Excerpts from the interview below:

TGR: Would you tell us what Project 5 Million and Project 10 Million look like?

PB: Project 5 Million is a very capital-efficient growth project. Essentially it optimizes the throughput capacity around what we call the process bottleneck, which is the milling circuit. It takes the milling circuit from current operations of about 3.6 million tons per annum (3.6 Mtpa) to 5 Mtpa. This will cost just over $20 million and involves upgrading simple things like pumps, tailings lines and gold recovery processes. We have started work on that and expect the project to be complete before the end of this year.

TGR: What kind of production would you be expecting to get from Project 5 Million by the end of the year?

PB: Project 5 Million maintains our production profile at current rates of 230,000-240,000 ounces for about 20 to 21 years. If we didn't invest in Project 5 Million, we would see a gradual decline in production in the coming years. It's a very low-capital entry project, with payback in just over a quarter.

Continue reading this article: Feasibility Study Offers Optionality to Maximize Cash Flow

About Streetwise Reports /The Gold Report

Investors rely on The Gold Report to share investment ideas for the precious, base and critical metals sector. The information provided above is for informational purposes only and is not a recommendation to buy or sell any security.

DISCLOSURE:

The following companies mentioned in this article are sponsors of Streetwise Reports: Asanko Gold Corp. Streetwise Reports does not accept stock in exchange for its services.

The full disclosure is provided at the end of the published article: Feasibility Study Offers Optionality to Maximize Cash Flow

For more information, please contact Associate Publisher Melissa Farley Email contact

Scroll down for more posts ▼

Top 10 Most Recent News Articles

Americas Cardroom's Poker Series Hits $7.2M Haul

Updated Category News Views 6

Massive Prize Pools Emerge in Just Four Days I found myself eyeballing some jaw-dropping numbers from Americas Cardroom's latest poker series, the Online Super Series XL. It's not every day you see nearly a hundred tournaments rake in over $7.2 million in prize pools in just four days. From September 6th to 9th, a whopping 62,847 entries signed up to make an honest...

Continue Reading
Lick the Plate Hits 2,000 Shows with Clown Band

Updated Category News Views 5

They say good things come in bizarre packages, and that's exactly the case as David Boylan's Lick the Plate zany celebration marks 15 years on air with its 2,000th episode. If you think of radio as a predictable endeavor, well, you're not tuned into Lick the Plate. A Milepost Draped in Multicolored Fabrics When you're browsing through colorful avenues of radio fame, it's...

Continue Reading
Intus Bio Secures $2.7M for Colorectal Cancer Test

Updated Category News Views 5

Pioneering Efforts in Early-Onset Colorectal Cancer Detection The battlefield of colorectal cancer prevention just got a serious upgrade with Intus Bio grabbing a $2.7 million award. This ain't just pocket change—it's a shot at rewriting the script on how we approach early-onset colorectal cancer, the pesky number one cancer gnawing at the under-50 crowd. Partnering...

Continue Reading
NYSE Reflects on 9/11: Honoring Lives and Legacy

Updated Category News Views 7

A Somber Day at NYSE: Reflecting on 9/11 September 11th grips the heart of NYSE every year, but this year's 25th-anniversary powerfully reverberates through its hallowed halls. The hustle of the trading floor halts for a moment at 9:20 AM ET, paying homage to those lost in the harrowing attacks. I've seen the markets flap in the wind of countless crises, but nothing's...

Continue Reading
Sustainability Investments: $17 Trillion Wager Faces Divergence

Updated Category News Views 4

Sustainability Investments: A Tale of Contrasts In the world of sustainability, a staggering $17 trillion has been poured into technologies over the past decade. That’s no chump change. But what do we have to show for it? According to Bain & Company’s latest report, this massive financial injection hasn’t exactly hit a home run. Progress, much like the stock market...

Continue Reading
QuickFi Nabs Top Finovate Award for Fourth Time

Updated Category News Views 5

An Unstoppable Force in Fintech Well, if QuickFi hasn't made a name for itself in fintech, then folks, I don't know what to tell you. This year, they’ve snagged yet another prestigious Finovate Award—this time for Best SMB/SME Banking Solution. That's not their first rodeo either; it’s the fourth time they’ve walked away winners. It's almost like they're...

Continue Reading
2026 Buy-Side Index Reveals State Market Variance

Updated Category News Views 7

Toss out your one-size-fits-all real estate predictions; the Q2 2026 Buy-Side Index just unveiled some real whoppers about the housing market. What we're seeing isn't your typical year-over-year growth across the board. Nope, we're seeing splits as sharp as a knife between states. Some places are shooting up in price, while others seem to be stuck in mud. Price Surges and...

Continue Reading
Jari Spirits Set to Shake Up U.S. Market After Big Wins

Updated Category News Views 4

Korean Spirits Jari Eyes U.S. Market Entry Some stories just have that perfect 'right time, right place' vibe, and CJ Foods' recent splash with their Korean spirits brand jari is one of them. Buckle up, because this one's about a Korean distilling sensation gearing up to hit American shores with a bang. Accolades Pave the Path Jari, the premium Korean distilled spirits...

Continue Reading
DCM Services Teams with AKUVO to Boost Estate Recoveries

Updated Category News Views 14

Revolutionizing Estate Recovery Practices Here's the scoop: DCM Services (DCMS), that big shot in estate account resolution, is hooking up with AKUVO to shake up how credit unions handle estate recoveries. This alliance is a clear nod to modernizing a process stuck in the past. Let’s face it, handling decedent and probate accounts is no cakewalk, and traditional methods...

Continue Reading
Melissa Rivers Brings Her Wit Back to Emmys Carpet

Updated Category News Views 12

They say you can never go home again, but don't tell that to Melissa Rivers. Rolling the dice on nostalgia and kicking off a new chapter, she's waltzing back to the Emmys red carpet for the first time in nearly 20 years. Alright, what's in it for investors? Not much—unless you're looking to invest in nostalgia. But there's something here about legacy, reinvention, and...

Continue Reading

Top 5 Most Recently Viewed Articles

Leadership Transition at ICF: New Roles Set for Growth

Updated Category News Views 156

ICF Announces Leadership Changes Supportive of Future Growth ICF, a leading global solutions and technology provider, is putting significant changes in place as they move forward. Barry Broadus, the company’s chief financial officer (CFO), has informed ICF of his intention to retire after a commendable career that spans over 40 years in finance. His retirement is set...

Continue Reading
Alcoa's Vision for Sustainable Growth and Green Aluminum

Updated Category News Views 94

Strategic Insights from Alcoa's Earnings Call During its recent earnings call, Alcoa Corporation (NYSE: AA), a prominent player in the aluminum industry, shared valuable insights regarding its strategic initiatives and financial performance. The company is concentrating on reducing costs, optimizing its portfolio, and enhancing sustainability in aluminum production. A key...

Continue Reading
Gurbir S. Grewal Enhances Milbank With Vast Expertise

Updated Category News Views 58

Gurbir S. Grewal Joins Milbank Law Firm Milbank LLP is thrilled to announce that Gurbir S. Grewal, formerly the Director of the SEC's Division of Enforcement, is now a partner at the firm. He will bring his extensive experience and legal acumen to enhance the Litigation & Arbitration group at Milbank. A Distinguished Career at the SEC Gurbir Grewal has a commendable...

Continue Reading
Enhancing Healthcare: New Guidelines for Diagnosing PH

Updated Category News Views 106

Empowering Primary Care: A New Approach to Pulmonary Hypertension American Lung Association and Pulmonary Hypertension Association introduce new guidance for primary care physicians. Pulmonary hypertension (PH) is a serious condition characterized by high blood pressure in the blood vessels connecting the lungs and heart. Although it is relatively uncommon, untreated...

Continue Reading
Carputty's Flexloan: Transforming Auto Financing for All

Updated Category News Views 163

Carputty Launches Flexloan for Enhanced Auto Financing Access Carputty, a trailblazing fintech company, is taking significant strides in revolutionizing vehicle financing with the introduction of Flexloan. This new product is set to dramatically expand Carputty’s addressable market, providing a fresh financing option in collaboration with Westlake Direct, a division of...

Continue Reading